United For A New Economy

Organization Overview

United For A New Economy is located in Commerce City, CO. The organization was established in 2002. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2021, United For A New Economy employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United For A New Economy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, United For A New Economy generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION BUILDS PEOPLE POWER FOR RACIAL AND ECONOMIC JUSTICE SO ALL COLORADANS THRIVE. WE DO THIS BY ORGANIZING IN OUR COMMUNITIES ACROSS RACE, WINNING BOLD POLICY SOLUTIONS FOR ALL, AND BUILDING A MULTIRACIAL VOTING MAJORITY THAT TRANSFORMS OUR ECONOMIC, POLITICAL AND SOCIAL SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNE PROGRAMS: UNITED FOR A NEW ECONOMY (UNE) IS A MULTIRACIAL ORGANIZATION THAT BUILDS PEOPLE POWER FOR RACIAL AND ECONOMIC JUSTICE FOR ALL COLORADANS BY ORGANIZING IN OUR COMMUNITIES ACROSS RACE, WINNING BOLD POLICY SOLUTIONS FOR ALL, AND BUILDING A MULTIRACIAL VOTING MAJORITY THAT TRANSFORMS OUR ECONOMIC, POLITICAL, AND SOCIAL SYSTEMS.


TRANSFORMATIVE LEADERSHIP FOR CHANGE: UNE IS THE FISCAL SPONSOR FOR TLC, WHICH FACILITATES A PEER NETWORK OF STRONG, RICHLY DIVERSE, TALENTED AND PASSIONATE LEADERS OF COLOR, INVESTING IN THEIR PERSONAL AND ORGANIZATIONAL CAPACITIES TO COLLECTIVELY ADVANCE MAJOR SOCIAL CHANGE WITH COMMUNITIES OF COLOR IN THE STATE.


COLORADO HOMES FOR ALL: UNE IS THE FISCAL SPONSOR FOR COHFA, A STATEWIDE COALITION THAT BUILDS POWER FOR HOUSING JUSTICE BY CENTERING THE LEADERSHIP OF RENTERS TO WIN BOLD HOUSING POLICIES.


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Board, Officers & Key Employees

Name (title)Compensation
Maria Del Carmen Medrano Weiler
Executive Di
$76,000
Raja Raghunath
President
$0
Ron Ruggiero
Secretary/tr
$0
Jason Wardrip
Board Member
$0
Pilar Chapa
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $111,000
All other contributions, gifts, grants, and similar amounts not included above$3,573,329
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,684,329
Total Program Service Revenue$116,556
Investment income $2,700
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,811,746

Grants Recieved

Over the last fiscal year, we have identified 22 grants that United For A New Economy has recieved totaling $2,869,661.

Awarding OrganizationAmount
The Colorado Health Foundation

Denver, CO

PURPOSE: CHAMPION HEALTH EQUITY

$1,357,850
The Colorado Health Foundation

Denver, CO

PURPOSE: CHAMPION HEALTH EQUITY

$375,000
Amalgamated Charitable Foundation Inc

Washington, DC

PURPOSE: General operating support

$250,000
Powerswitch Action

Oakland, CA

PURPOSE: Capacity Building, Housing, WMTC

$190,811
Merle Chambers Fund

Denver, CO

PURPOSE: TRANSFORMATIVE LEADERSHIP FOR CHANGE

$100,000
Right To The City Alliance Inc

Brooklyn, NY

PURPOSE: HOMES FOR ALL

$100,000
View Grant Recipient Profile

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