Skip to content
Governance Register
Sign inFind yourself
Find yourselfSign in
Search How it works For organisations For professionals

Edition

United KingdomIrelandUnited States (current)New ZealandCanadaAustraliaScotlandNorthern Ireland
US nonprofit · EIN 521368964 · Washington, DCiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 521368964) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2025: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Economic Policy Institute

Donations deductible
Revenue
$17.4m
year to 31 December 2025
Expenses
$14.2m
year to 31 December 2025
Total assets
$21.3m
$1.6m liabilities
Net assets
$19.6m
assets less liabilities
Directors and trustees
27
5.8 years on average
Staff
53
26 volunteers
Chair observed
≥2 yrs
Elizabeth H Shuler
Left since last filing
9
33% of the board
How am I connected?

Economic Policy Institute's network

27 people19 organisationsi27 people and 19 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (27). Violet dotted lines (22) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

27 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 27 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Elizabeth H Shuler ChairChair2022
4 yrs
April VerrettMember2024
2 yrs
Becky PringleMember2022
4 yrs
Brian BryantMember2024
2 yrs
Claude CummingsMember2024
2 yrs
Dave McCallMember2024
2 yrs
Elise GouldMember2022
4 yrs
Ernesto J Cortes JR (also filed as Ernesto Cortes JR)Member2018
8 yrs
Gary BassTreasurer2018
8 yrs
Hannah HalbertMember2024
2 yrs
Hector R Cordero-Guzman (also filed as Hector Cordero-Guzman)Member2018
8 yrs
Heidi ShierholzPresident2022
4 yrs
Jeff FauxMember2018
8 yrs
Jennifer EppsMember2024
2 yrs
Jocelyn FryeMember2023
3 yrs
Jose P Garza (also filed as Jose Garza)Member2019
7 yrs
Julianne MalveauxVice Chair2018
8 yrs
Lee SaundersMember2018
8 yrs
Lisa LynchMember2018
8 yrs
Lori PelletierMember2019
7 yrs
Manuel PastorMember2018
8 yrs
Nina BanksMember2019
7 yrs
Pronita GuptaMember2024
2 yrs
Randi WeingartenMember2018
8 yrs
Robert KuttnerMember2018
8 yrs
Shawn FainMember2024
2 yrs
Teresa GhilarducciCompany secretary2018
8 yrs
Under 5 years5 to 6 years6 years or moreShow all 27 →

Officers and senior leadership

16 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Arlene WilliamsDirector of Development and Strategic Planningsince 2018
Barbara WesternChief Operating Officer2024
Celine McNicholasDirector of Law and Labor Policysince 2018
Eve E TahminciogluDir Communicationssince 2023
Heidi ShierholzDirector of Policy / Senior Economistsince 2018
Jasper G COXDir of Finance & Admin2022
John CookDirector of Finance and Administration2018
John T SchmittVice Presidentsince 2018
John ZippererEconomist2018
Kathleen TownsendDiretor of Retirement Security Projectsince 2018
Lawrence MishelDistinguished Fellowsince 2018
Lyle J BivensResearch and Policy Directorsince 2018
Monique MorriseyEconomist2020
Naomi WalkerVice Presidentsince 2019
Robert ECK ScottDirector of Trade and Manufacturing Policy Researcsince 2018
Valerie R WilsonDirector of Preesince 2020

Pay and hours

year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Heidi ShierholzPresident38.75$235k$36k
Michelle KannanDirector of Development40$221k$25k
Naomi WalkerVice President39$218k$35k
Adam S HershInst. Economist/Researcher40$209k$38k
Celine McNicholasDir. Govt Affairs/Labor Counsel40$204k$29k
Lyle J BivensChief Economist/Dir. of Research40$197k$54k
Barbara J WesternChief Operating Officer40$182k$57k
Liz ShulerChair0.1$0
Julianne MalveauxVice Chair0.1$0
Gary BassTreasurer0.1$0
Teresa GhilarducciSecretary0.1$0
Jennifer EppsNomination & Gov. Com., Chair0.1$0
Julie SuMember0.1$0
April VerrettMember0.1$0
Randi WeingartenMember0.1$0
Nina BanksMember0.1$0
Roxanne BrownMember0.1$0
Brian BryantMember0.1$0
Hector Cordero-GuzmanMember0.1$0
Ernesto Cortes JrMember0.1$0
Claude CummingsMember0.1$0
Shawn FainMember0.1$0
Jeff FauxMember0.1$0
Jocelyn FryeMember0.1$0
Jose P GarzaMember0.1$0
Elise GouldMember0.1$0
Pronita GuptaMember0.1$0
Hannah HalbertMember0.1$0
Robert KuttnerMember0.1$0
Lisa LynchMember0.1$0
Lori PelletierMember0.1$0
Becky PringleMember0.1$0
Lee SaundersMember0.1$0

About

Legal name
Economic Policy Institute
EIN
521368964
Address
1225 Eye St Nw 600, Washington, DC, 20005-5960
State
District of Columbia
Mission
Epi uses the tools of economics to bring the interests of low- and middle-income workers into economic policy discussions. Epi's rigorous research and transformative ideas fortify worker organizing, build a shared understanding of how power and policy shape economic outcomes, and help drive progressive policy change at every level of government. We partner with national and state grassroots... (as filed on the Form 990)
Activity (NTEE)
V22F Social science research
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Social Science
Size band
8 (IRS master file code)
Formed
1984
Principal officer
Heidi Shierholz (as named on the Form 990)
IRS ruling date
1 September 1985
Status
Code 01 (unconditional exemption)
Form 990 filings on record
6, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥8years on the filingsErnesto J Cortes JR
≥8years on the filingsGary Bass
≥8years on the filingsHector R Cordero-Guzman
≥8years on the filingsJeff Faux

Latest return

year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.
Total assets
$21.3m
Total liabilities
$1.6m
Net assets or fund balances
$19.6m
Contributions and grants received
$16.6m
Program service revenue
$223k
Grants and similar paid out
$4.1m
Employees
53
Volunteers
26

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$11.9m$13.6mDeficit $1.7m

As filed on the IRS Form 990. US dollars.

Grants paid

25+ listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
New Mexico Black Leadership CouncilEducational research$700k
Missouri Jobs With JusticeEducational research$369k
1hood Media AcademyEducational research$188k
Casa San JoseEducational research$188k
Keystone Research CenterEducational research$188k
Pittsburgh UnitedEducational research$188k
Colorado Fiscal InstituteEducational research$150k
DC Fiscal Policy Institute IncEducational research$150k
Kids ForwardEducational research$150k
Oregon Center for Public PolicyEducational research$150k
Policy Matters OhioEducational research$150k
Missouri Budget ProjectEducational research$121k
Legal Aid Justice CenterEducational research$100k
Move CollaborativeEducational research$100k
New Virginia Majority Education FundEducational research$100k
Prevent Child Abuse Virginia Dba Families Forward VirginiaEducational research$100k
The Commonwealth Institute for Fiscal AnalysisEducational research$100k
Va Coalition on Immigrant RightsEducational research$100k
Virginia Education AssociationEducational research$100k
Virginia Poverty Law CenterEducational research$100k
Voices for Virginias ChildrenEducational research$100k
Kids Win MissouriEducational research$75k
Missouri Workers CenterEducational research$75k
WepowerEducational research$75k
Alabama AriseEducational research$29k

State registration

1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.
Economic Policy Institute Inc. likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: DC Department of Licensing and Consumer Protection (DLCP), corporate registrations (opendata.dc.gov). Licence: CC BY 4.0. Attribution: DC DLCP. Data last fetched 18 October 2026.
State
District of Columbia
Entity type
Domestic Nonprofit Corporation
Status
Active - In Good Standing
Formed
25 September 1984
Registered agent
Heidi Shierholz (city and state not held)