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United For A New Economy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260019190 ✦ Commerce city, CO ✦ Designated as a 501(c)(3)

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Overview

What is United For A New Economy?

United For A New Economy (UNE) is a multiracial nonprofit organization situated in Commerce City, Colorado. With a team of 15 dedicated individuals, UNE's mission is to foster racial and economic justice for all Coloradans. They achieve this goal by actively engaging in community organizing, advocating for impactful policy changes, and promoting a multi-racial voting majority that aims to transform the economic, political, and social systems of the state. UNE's initiatives are centered around empowering individuals and communities, ultimately striving for a society where all Coloradans can thrive.


Official website here: www.unecolorado.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

United For A New Economy has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The charity's overall score is derived solely from its high score in Accountability & Finance, showcasing its transparency and efficient financial management practices.

The organization excels in several key areas, including having a fully independent board and an outstanding financial statement oversight. Their program expense ratio is commendable at 81.80%, demonstrating that a significant portion of their funds is directed toward their mission rather than administrative costs. Furthermore, their fundraising efficiency is highly favorable at just $0.02 spent to raise each dollar, reflecting effective fundraising strategies.

While the organization shows excellent performance in financial metrics and governance practices, there are no noted limitations or areas for improvement based on the available data. This solid rating reaffirms United For A New Economy's reliability as a nonprofit committed to its mission and responsible management of resources.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about United For A New Economy?

96% of 8 reviewers on Facebook recommend United For A New Economy. Here is a summary of their reviews:

Many individuals highlight the nonprofit's influential role in advocating for working-class families in Denver. The organization is praised for its commitment to standing up for community needs, effectively representing marginalized voices in the local economy.

Overall, the sentiment is overwhelmingly positive. Reviewers appreciate the dedicated efforts of United For A New Economy to drive change and support those they serve, reinforcing the organization's importance in the community.


This AI summary has been generated from reviews found on Facebook.

Is United For A New Economy legitimate?

United For A New Economy is a legitimate nonprofit organization registered as a 501(c)(3) entity. United For A New Economy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $112,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,815

For more financial information, click here


Official website here: www.unecolorado.org

What is the mission statement of United For A New Economy?

United for a New Economy, an organization focused on racial and economic justice, aims to empower all Coloradans to thrive. They achieve this by organizing communities across racial lines, advocating for bold policy solutions that benefit everyone, and fostering a multiracial voting majority. This transformative approach seeks to overhaul our economic, political, and social systems, ultimately striving for a more equitable society.


Official website here: www.unecolorado.org

Who is the CEO of United For A New Economy?

Maria Del Carmen Medrano Weiler is the Executive Di of United For A New Economy.


Official website here: www.unecolorado.org

What is the revenue of United For A New Economy?

United For A New Economy's revenue in 2022 was $2,710,472.


Official website here: www.unecolorado.org

Who are the executives of United For A New Economy and what are their salaries?

The average compensation at United For A New Economy during 2022 was $32,747. There are 15 employees at United For A New Economy.


Here are 5 key members and their salaries:


Maria Del Carmen Medrano Weiler (Executive Di)
  • Compensation: $95,158
  • Related: $0
  • Other: $17,225
Raja Raghunath (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Ruggiero (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wardrip (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pilar Chapa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.unecolorado.org

Where can I find the form 990 for United For A New Economy?

United For A New Economy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unecolorado.org

Learn more at the official website: www.unecolorado.org

Mission Statement of United For A New Economy

United for a New Economy (UNE) is an organization dedicated to fostering racial and economic justice for all Coloradans. They achieve this mission by engaging communities across racial lines, advocating for bold policy solutions, and cultivating a multiracial voting majority. This multifaceted approach aims to transform the economic, political, and social systems, ultimately ensuring that every Coloradan thrives. UNE's efforts are focused on building people power, enacting policies that benefit everyone, and fostering a diverse electorate that can shape the future of their state.

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Impact




October, 2024

United For A New Economy significantly impacts Colorado by empowering marginalized communities to pursue racial and economic justice. Through grassroots organizing, the initiative cultivates a multiracial coalition that effectively advocates for bold policy changes. This approach fosters meaningful community engagement, enabling diverse voices to influence decision-making processes. By mobilizing voters across racial lines, United For A New Economy is transforming the political landscape, ensuring that the needs of all Coloradans are addressed and prioritized in the economic and social systems. Their work not only strengthens community ties but also promotes sustainable solutions that enhance equity and prosperity for all.




This information is meant to be a general summary of United For A New Economy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,710,472 (2022)
Expenses
$1,678,812 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,009
  • Program Service Revenue: $94,092
  • Gross Receipts: $2,710,472

Assets and Liabilities:

  • Total Assets: $5,699,086
  • Total Liabilities: $127,044
  • Net Assets: $5,572,042

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FISCAL AGENT INCOME

Revenue

$56,484

EARNED INCOME

Revenue

$37,608

Organization Details

Founding Year

2002

Principal Officer

Maria Del Carmen Medrano Weiler

Main Address

7190 COLORADO BLVD SUITE 400, COMMERCE CITY, CO, 80022

NTEE Category

Code: P50 - Human services

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