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New Economy Corp.

Company Details

Name: New Economy Corp.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 03 Apr 2013 (12 years ago)
Identification Number: 000797935
ZIP code: 02818
County: Kent County
Principal Address: 84 KENSON DR, EAST GREENWICH, RI, 02818, USA
Purpose: ACCOUNTING CONSULTING SERVICES. Title: 7-1.2-1701

Industry & Business Activity

NAICS

541211 Offices of Certified Public Accountants

This U.S. industry comprises establishments of accountants that are certified to audit the accounting records of public and private organizations and to attest to compliance with generally accepted accounting practices. Offices of certified public accountants (CPAs) may provide one or more of the following accounting services: (1) auditing financial statements; (2) designing accounting systems; (3) preparing financial statements; (4) developing budgets; and (5) providing advice on matters related to accounting. These establishments may also provide related services, such as bookkeeping, tax return preparation, and payroll processing. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
NEW ECONOMY 401(K) PLAN 2023 462448067 2024-05-03 NEW ECONOMY CORP 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DR, E GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 1412 CHAPIN AVENUE, BURLINGAME, CA, 94010
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2024-05-03
Name of individual signing QIAN LIU
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2022 462448067 2023-05-26 NEW ECONOMY CORP 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DR, E GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 1412 CHAPIN AVENUE, BURLINGAME, CA, 94010
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2023-05-26
Name of individual signing CHRISTINE RIMER
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2021 462448067 2022-05-19 NEW ECONOMY CORP 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DR, E GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 1645 E 6TH STREET, SUITE 200, AUSTIN, TX, 78702
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2022-05-19
Name of individual signing CHRISTINE RIMER
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2020 462448067 2021-07-01 NEW ECONOMY CORP 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DRIVE, EAST GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 3050 S DELAWARE ST, #202, SAN MATEO, CA, 94403
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2021-07-01
Name of individual signing CAROL HO
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2019 462448067 2020-06-23 NEW ECONOMY CORP 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DRIVE, EAST GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 3050 S DELAWARE ST, #202, SAN MATEO, CA, 94403
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2020-06-23
Name of individual signing CAROL HO
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2018 462448067 2019-07-24 NEW ECONOMY CORP 8
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DRIVE, EAST GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 3050 S DELAWARE ST, #202, SAN MATEO, CA, 94403
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2019-07-24
Name of individual signing CAROL HO
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2018 462448067 2020-05-18 NEW ECONOMY CORP 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DRIVE, EAST GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 3050 S DELAWARE ST, #202, SAN MATEO, CA, 94403
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2020-05-18
Name of individual signing CAROL HO
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2018 462448067 2020-05-06 NEW ECONOMY CORP 8
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DRIVE, EAST GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 3050 S DELAWARE ST, #202, SAN MATEO, CA, 94403
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2020-05-06
Name of individual signing CAROL HO
Valid signature Filed with authorized/valid electronic signature
NEW ECONOMY 401(K) PLAN 2017 462448067 2018-07-27 NEW ECONOMY CORP 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 541219
Sponsor’s telephone number 4012562404
Plan sponsor’s address 84 KENSON DRIVE, EAST GREENWICH, RI, 02818

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 3050 S DELAWARE ST, #202, SAN MATEO, CA, 94403
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2018-07-27
Name of individual signing CAROL HO
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
THEODORE B. HOWELL, ESQ. Agent 225 DYER STREET 2ND FLOOR, PROVIDENCE, RI, 02903, USA

PRESIDENT

Name Role Address
JEFFREY M. ALLAIN PRESIDENT 84 KENSON DRIVE EAST GREENWICH, RI 02818 USA

TREASURER

Name Role Address
JEFFREY M. ALLAIN TREASURER 84 KENSON DRIVE EAST GREENWICH, RI 02818 USA

SECRETARY

Name Role Address
JEFFREY M. ALLAIN SECRETARY 84 KENSON DRIVE EAST GREENWICH, RI 02818 USA

VICE PRESIDENT

Name Role Address
JEFFREY M. ALLAIN VICE PRESIDENT 84 KENSON DRIVE EAST GREENWICH, RI 02818 USA

OTHER OFFICER

Name Role Address
JEFFREY ALLAIN OTHER OFFICER 84 KENSON DR EAST GREENWICH, RI 02818 UNI

DIRECTOR

Name Role Address
JEFFREY M. ALLAIN DIRECTOR 84 KENSON DRIVE EAST GREENWICH, RI 02818 USA

Filings

Number Name File Date
202448524140 Annual Report - Amended 2024-03-14
202448523990 Annual Report - Amended 2024-03-14
202448457880 Annual Report 2024-03-13
202330436580 Annual Report 2023-03-10
202222066400 Statement of Change of Registered/Resident Agent Office 2022-08-10
202210028160 Annual Report 2022-02-10
202190910750 Annual Report 2021-02-12
202034044090 Annual Report 2020-02-10
201907585340 Annual Report 2019-07-25
201907128060 Revocation Notice For Failure to File An Annual Report 2019-07-24

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5532447001 2020-04-05 0165 PPP 1005 MAIN ST, PAWTUCKET, RI, 02860-4852
Loan Status Date 2021-01-14
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 94400
Loan Approval Amount (current) 112900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 120245
Servicing Lender Name Bank Rhode Island
Servicing Lender Address One Turks Head Place, PROVIDENCE, RI, 02903-2219
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address PAWTUCKET, PROVIDENCE, RI, 02860-4852
Project Congressional District RI-01
Number of Employees 10
NAICS code 541211
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 120245
Originating Lender Name Bank Rhode Island
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 113662.07
Forgiveness Paid Date 2020-12-21

Date of last update: 17 Oct 2024

Sources: Rhode Island Department of State