Center for Economic Democracy Inc logo

Center for Economic Democracy Inc

BOSTON, MA EIN: 47-3589804 Website

THE CENTER FOR ECONOMIC DEMOCRACY [C.E.D.] IS A U.S. SOCIAL MOVEMENT BUILDING ORGANIZATION, GROWING CAPACITY IN OUR COMMUNITIES TO TRANSFORM AMERICAN CAPITALISM INTO A MORE JUST, SUSTAINABLE AND DEMOCRATIC ECONOMY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.6M

-41.1% YoY

Annual Giving

$696K

+44.5% YoY

Grant Count

13

+44.4% YoY

Avg Grant Size

$54K

+0.0% YoY

About Center for Economic Democracy Inc

Based on IRS filings

Center for Economic Democracy Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BOSTON, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 13 grants totaling $696K. Net investment income was $50K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

ALLSTONAMHERSTBELCHERTOWNBOSTONBRAINTREEBRIGHTONBROOKLYNCALABASASCHELSEACONCORDDORCHESTEREAST BOSTONEVERETTGRATONHYDE PARKJAMAICA PLAINJAMAICAPLAINLEXINGTONLYNNMOUNTAIN VIEW

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20192021202220232024
Metric202420232022
Total Assets$9,593,066$16,276,551$15,917,380
Revenue$6,465,280$4,944,735$7,517,905
Expenses$4,206,570$4,536,716$3,002,532
Qualifying Distributions
Net Investment Income$49,605$21,415
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$174K$348K$522K$696K18 grants201928 grants20219 grants20229 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHINATOWN COMMUNITY LAND…$196KCENTER FOR COOPERATIVE D…$160KUPTOGETHER$70KAMAUTA LLC$45KURBAN REVIVAL DBA CITY L…$40KALTERNATIVES FOR COMMUNI…$40KCHINATOWN PEOPLE PROGRES…$28KRESIST-V$25KDUDLEY STREET NEIGHBORHO…$23KBRAZILIAN WOMEN'S GROUP$23K

Grant Size Distribution

77 grants across all recorded years

67<$50K5$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chinatown Community Land Trust ($196,000), Center for Cooperative Development & Solidarity ($160,000), Uptogether ($70,000).

RecipientPurposeAmount
CHINATOWN COMMUNITY LAND TRUST BOSTON, MASEI GRANT TO CHINATOWN COMMUNITY LAND TRUST$196,000
CENTER FOR COOPERATIVE DEVELOPMENT & SOLIDARITY EAST BOSTON, MAGRANT AWARD LETTER FOR SOLIDARITY ECONOMY HEADQUARTERS PROJECT$160,000
UPTOGETHER CONCORD, CAGRANT AWARD FOR BEAUTIFUL SEED FUND$70,000
AMAUTA LLC SALT LAKE CITY, UTFISCAL SPONSORSHIP GRANT$45,000
URBAN REVIVAL DBA CITY LIFEVIDA URBAN JAMAICAPLAIN, MAGRANT FOR MALDEN COMMUNITY LAND TRUST AND GENERAL OPERATING EXPENSES$40,000
ALTERNATIVES FOR COMMUNITY & ENVIRONMENT ROXBURY, MAGRANT FOR GENERAL OPERATING EXPENSES$40,000
CHINATOWN PEOPLE PROGRESSIVE ASSOCIATION BOSTON, MAFOOD, SWAG PRODUCTION (TSHIRTS, BAGS ... ) AND GENERAL OPERATING EXPENSES$28,000
RESIST-V JAMAICA PLAIN, MAFOOD, BANNER, CHILDCARE AND GENERAL OPERATING EXPENSES$24,500
DUDLEY STREET NEIGHBORHOOD INITIATIVE ROXBURY, MAFOOD, INTERPRETATION, CHILDCARE, COMMS/LOGO AND GENERAL OPERATING EXPENSES$23,000
BRAZILIAN WOMEN'S GROUP ALLSTON, MAGRANT FOR COOP DEVELOPMENT & SOLIDARITY ADVANCED TRAINING AND GENERAL OPERATING EXPENSES$22,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARTIN FAMILIASR. DIRECTOR OF FINANCE & HR$114KAMRITA WASSANSR. DIRECTOR OF NATIONAL PRO…$112KMARIA CHRISTINA BLANCOBOARD CLERK/OPERATION MANAGER$64KAARON TANAKADIR. SINCE AUG '24/EXEC DIR …$54KSHARI DAVISCO-EXECUTIVE DIRECTOR (SINCE…$53K

From 2024 filing

NameTitleHoursCompensation
AARON TANAKADIR. SINCE AUG '24/EXEC DIR THRU JUL '2440$54,288
PENN LOHPRESIDENT2
SARAH JIMENEZTREASURER2
FARHAD EBRAHIMIDIRECTOR2
TIFFANY BROWNDIRECTOR2
KHALIDA SMALLSDIRECTOR2
SHARI DAVISCO-EXECUTIVE DIRECTOR (SINCE AUG '24)40$53,117
MARTIN FAMILIASR. DIRECTOR OF FINANCE & HR40$113,983
MARIA CHRISTINA BLANCOBOARD CLERK/OPERATION MANAGER42$64,119
AMRITA WASSANSR. DIRECTOR OF NATIONAL PROGRAMS40$112,174

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Center for Economic Democracy Inc?

Center for Economic Democracy Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BOSTON, MA. It holds $9.6M in total assets as of 2024.

How large is Center for Economic Democracy Inc?

As of 2024, Center for Economic Democracy Inc holds $9.6M in total assets with $6.5M in annual revenue. It awarded 13 grants totaling $696K in 2024.

Where does Center for Economic Democracy Inc operate?

Center for Economic Democracy Inc has awarded grants in California, Kentucky, Massachusetts, New York, Rhode Island, Utah.

What size grants does Center for Economic Democracy Inc award?

In 2024, Center for Economic Democracy Inc awarded 13 grants totaling $696K — an average of about $54K per grant, based on its IRS Form 990 filings.

What is Center for Economic Democracy Inc's EIN?

Center for Economic Democracy Inc's EIN (Employer Identification Number) is 47-3589804. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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