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Nonprofit · EIN 20-2845513

NEW ENERGY ECONOMY INC

Tax-exempt (reinstated) · SANTA FE, NM 87501

Financials

$1M$880K2023$1.1M$965K2024
Revenue Expenses · by fiscal year end
Financials of NEW ENERGY ECONOMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,066,714$965,047$101,667$930,044$319,563$610,481
December 31, 2023990$1,005,053$879,934$125,119$661,185$250,109$411,076
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,020,930
Program service revenue
$39,692
Investment income
$6,092
Net gain from sales of assets
$1,841
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$122,688
Other salaries and wages
$324,153
Salaries, compensation and benefits (total)
$509,805
Professional fundraising fees
$0
Legal fees
$155,674
Accounting fees
$23,519
Occupancy
$15,046
Travel
$7,240
Depreciation
$3,453
Program services (functional)
$729,954
Management and general (functional)
$174,697
Fundraising (functional)
$60,396

Balance sheet and other

Total assets, start of year
$661,185
Total assets, end of year
$930,044
Total liabilities, end of year
$319,563
Net assets, end of year
$610,481
Land, buildings and equipment
$1,320
Net assets without donor restrictions
$344,580
Net assets with donor restrictions
$265,901
Gross receipts
$1,129,198
Employees
7
Year formed
2005
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARIEL NANASIEXECUTIVE DI
Trustee or director, Officer
40$122,688
ELEANOR BRAVOBOARD CHAIRM
Trustee or director
4$0
SUSAN TARMANTREASURER
Trustee or director
3$0
MIGUEL ACOSTABOARD MEMBER
Trustee or director
1$0
JOHN BOYDBOARD MEMBER
Trustee or director
1$0
LOUIE HENABOARD MEMBER
Trustee or director
1$0
ANNI HANNABOARD MEMBER
Trustee or director
1$0
PASQUAL HERNANDEZBOARD MEMBER
Trustee or director
1$0
MARLA PAINTERBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MARIEL NANASIEXECUTIVE DI
Trustee or director, Officer
40$102,000
MIGUEL ACOSTABOARD MEMBER
Trustee or director
–$0
JOHN BOYDBOARD MEMBER
Trustee or director
–$0
ELEANOR BRAVOBOARD CHAIRM
Trustee or director
–$0
ANNI HANNABOARD MEMBER
Trustee or director
–$0
LOUIE HENABOARD MEMBER
Trustee or director
–$0
PASQUAL HERNANDEZBOARD MEMBER
Trustee or director
–$0
MARLA PAINTERBOARD MEMBER
Trustee or director
–$0
SUSAN TARMANTREASURER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
422 OLD SANTA FE TRL, SANTA FE, NM 87501-2770
In care of
% MARIEL NANASI
Principal officer (990 for 2024)
MARIEL NANASI, 300 EAST MARCY STREET, SANTA FE, NM 87501
Signed the 990
MARIEL NANASI, EXECUTIVE DIRECTOR
Phone
(505) 989-7262
Return prepared by
KUDERIK & ASSOCIATES PLLC

Mission

BUILD A RENEWABLE ENERGY FUTURE FOR OUR HEALTH AND THE ENVIRONMENT. WITH BOLD LEGAL INTERVENTIONS, PUBLIC POLICY ADVOCACY, AND GRASSROOTS ACTION WE FIGHT FOR A FOSSIL-FUEL AND NUCLEAR-FREE ECONOMY THAT STEWARDS BOTH THE HEALTH OF OUR ENVIRONMENT AND OUR COMMUNITIES. A JUST TRANSITION TO RENEWABLE ENERGY IS NOT JUST ABOUT REDUCING CARBON EMISSIONS BUT TRANSFORMING OUR ENERGY SYSTEM, AS WE DO SO WE MUST REDRESS SOCIAL INEQUITY, BUILD PEOPLE POWER, AND FOSTER ECONOMIC AND ENVIRONMENTAL JUSTICE.

990 for the year ended December 31, 2024

Program accomplishments

  • NEW ENERGY ECONOMY COMBINES TARGETED LEGAL CAMPAIGNS WITH PUBLIC EDUCATION AND ENGAGEMENT THAT MAKE COMPLEX ENERGY AND REGULATORY ISSUES ACCESSIBLE TO THE PUBLIC AND OPENS UP SPACES FOR COMMUNITY PARTICIPATION AND INFLUENCE ON ENERGY DECISION-MAKING. IN ADDITION TO LEGAL AND POLICY WORK, NEE INSTALLS COMMUNITY-SCALE SOLAR SYSTEMS IN COMMUNITIES TO DEMONSTRATE THE VIABILITY OF RENEWABLE ENERGY AND BRING THE ECONOMIC, ENVIRONMENTAL, HEALTH, AND COST-SAVING BENEFITS OF SOLAR TO UNDER-SERVED COMMUNITIES.
    Expenses $727,882 · revenue $39,692
  • DEPRECIATION EXPENSE
    Expenses $2,072

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-2845513
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C35)
Assets (IRS master file)
$930,044
Income (IRS master file)
$1,129,198

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
August 8, 2022
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,066,714$965,047$930,044XML
990December 2023$1,005,053$879,934$661,185XML
990December 2022$593,247$719,044$511,699IRS
990December 2021$742,314$458,999$623,079IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2845513).

Questions about NEW ENERGY ECONOMY INC

What is the EIN of NEW ENERGY ECONOMY INC?
The employer identification number (EIN) of NEW ENERGY ECONOMY INC is 20-2845513.
Is NEW ENERGY ECONOMY INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to NEW ENERGY ECONOMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW ENERGY ECONOMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW ENERGY ECONOMY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW ENERGY ECONOMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW ENERGY ECONOMY INC?
The 990 for the year ended December 31, 2024 names MARIEL NANASI.
Who are the officers and directors of NEW ENERGY ECONOMY INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $122,688 (MARIEL NANASI, EXECUTIVE DI).
How much revenue does NEW ENERGY ECONOMY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,066,714, expenses of $965,047 and total assets of $930,044 at year end.

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