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Governance Register
US nonprofit · EIN 843989657 · Washington, DCiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 843989657) - 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 2024: assets, liabilities, staff, website, telephone, pay.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

American Economic Liberties Project's network

5 people4 organisationsi5 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (4) 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

5 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 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Ross Baird ChairBoard Chair2020
6 yrs
Brandi Collins-DexterDirector (Thru Aug 2024)2021
5 yrs
Laleh IspahaniDirector (Thru Aug 2024)2020
6 yrs
Laura CamposSecretary & Treasurer2020
6 yrs
Ronald NewmanDirector2020
6 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

10 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Faiz ShakirInterim Executive Director (Thru Jan 2024)since 2023
Katherine Van DyckSenior Legal Counsel2023
Lee HepnerSenior Legal Counsel (From Mar 2024)2024
Lori WallachDirector, Rethink Tradesince 2023
Lori Wallach from 012022Director, Rethiink Trade2022
Lucas T KunceDirector of National Security Policy2021
Matthew StollerResearch Directorsince 2020
Morgan HarperDirector, Policy & Advocacysince 2023
Nidhi HegdeManaging Directorsince 2021
Patrick M GarofaloDirector, State and Localsince 2021

Pay and hours

year to 31 December 2024iFrom 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
Nidhi HegdeInterim Executive Director From Jan 2024)40$176k$24k
Lori WallachDirector, Rethink Trade40$153k$25k
Morgan HarperDirector, Policy & Advocacy40$149k$14k
Matthew StollerDirector, Research40$148k$32k
Patrick GarofaloDirector, State and Local40$128k$29k
Lee HepnerSenior Legal Counsel (From Mar 2024)40$125k$13k
Faiz ShakirInterim Executive Director (Thru Jan 2024)40$8k
Ross BairdBoard Chair1$0
Laura CamposSecretary & Treasurer1$0
Ronald NewmanDirector1$0
Brandi Collins-DexterDirector (Thru Aug 2024)1$0
Laleh IspahaniDirector (Thru Aug 2024)1$0

About

Legal name
American Economic Liberties Project
EIN
843989657
Address
2001 Pennsylvania Ave Nw Ste 540, Washington, DC, 20006-1925
State
District of Columbia
Mission
The american economic liberties project's educational and charitable purposes are to research economic concentration in america, and study the history of competition policy, from the founding until today. (as filed on the Form 990)
Activity (NTEE)
S30 Community improvement and capacity building
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Community Improvement & Capacity Building
Size band
6 (IRS master file code)
Formed
2019
Principal officer
Nidhi Hegde (as named on the Form 990)
IRS ruling date
1 July 2020
Status
Code 01 (unconditional exemption)
Form 990 filings on record
5, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Longest observed on the filings

≥6years on the filingsRoss Baird
≥6years on the filingsLaleh Ispahani
≥6years on the filingsLaura Campos
≥6years on the filingsRonald Newman

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$4.2m
Total liabilities
$407k
Net assets or fund balances
$3.8m
Contributions and grants received
$4.4m
Program service revenue
$22k
Employees
23
Volunteers
5

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$4.5m$3.7m$860k

As filed on the IRS Form 990. US dollars.

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.
American Economic Liberties Project 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
11 December 2019
Registered agent
Incorp Services, Inc. (city and state not held)