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Consumer Reports Inc

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

EIN: 131776434 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

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Overview

What is Consumer Reports Inc?

Consumer Reports Inc, an independent nonprofit organization based in Yonkers, New York, with 664 employees, focuses on advocating for truth, transparency, and fairness in the marketplace. Through independent product testing, research, and education, they empower consumers to make informed decisions. Their mission is to protect and improve consumers' lives by providing accurate, unbiased information. Consumer Reports Inc goes beyond just reporting, working side by side with consumers to effect change.


Official website here: www.consumerreports.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100% - Four-Star out of Four Star rating

Consumer Reports Inc has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, as well as leadership and adaptability. The organization has a perfect score in accountability, showcasing effective oversight and commitment to transparency, with an independent board and robust financial management practices.

User feedback highlights the impactful advocacy work undertaken by Consumer Reports. A board member commended the organization not only for its extensive product testing but also for its dedication to championing consumer rights in important areas such as financial protection and telecommunications regulations. This commitment enhances its reputation as a valuable resource for the public.

While the organization excels in many areas, the varied scores in different categories suggest there may be room for improvement, particularly in leadership and adaptability, where it scored lower in relative terms. However, the overall strengths point to a well-managed nonprofit that prioritizes its mission and community engagement effectively.


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

What do the Facebook reviews say about Consumer Reports Inc?

86% of 15 reviewers on Facebook recommend Consumer Reports Inc. Here is a summary of their reviews:

Many users appreciate the information provided by Consumer Reports, highlighting the value of the ratings and insights on a variety of subjects. Subscribers express satisfaction with the magazine, noting its comprehensive content that aids in making informed decisions. Overall, the organization seems to successfully meet the expectations of its audience, delivering reliable information that users find beneficial.


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

Is Consumer Reports Inc legitimate?

Consumer Reports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consumer Reports Inc 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: $4,312,890
Professional Fundraising Fees: $180,732
Other Salaries and Wages: $77,049,396

For more financial information, click here


Official website here: www.consumerreports.org

What is the mission statement of Consumer Reports Inc?

Consumer Reports Inc is a nonprofit organization dedicated to promoting truth, transparency, and fairness in the marketplace on behalf of consumers. They work in partnership with individuals to ensure accurate information and advocacy for truthful business practices. Their mission is to protect and educate consumers, providing them with reliable and unbiased product information, to enable informed purchasing decisions. Through extensive testing, research, and analysis, they provide valuable insights and recommendations to help consumers make better choices. Additionally, they have a schedule O for further details on their activities, but it is not mentioned in the provided text.


Official website here: www.consumerreports.org

Who is the CEO of Consumer Reports Inc?

Marta L Tellado is the President & Ceo of Consumer Reports Inc. The CEO's salary of Consumer Reports Inc is $819,666 and their total compensation is $851,630.


Official website here: www.consumerreports.org

What is the revenue of Consumer Reports Inc?

Consumer Reports Inc's revenue in 2022 was $288,765,703.


Official website here: www.consumerreports.org

Who are the executives of Consumer Reports Inc and what are their salaries?

The average compensation at Consumer Reports Inc during 2022 was $122,534. There are 664 employees and 20 volunteers at Consumer Reports Inc.


Here are 33 key members and their salaries (Consumer Reports Inc's CEO's salary is $819,666 and their total compensation is $851,630):


Marta L Tellado (President & Ceo)
  • Compensation: $819,666
  • Related: $0
  • Other: $31,964
Joaquin Alvarado (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikitra Bailey (Director As Of 10/20/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Millie Chu Baird (Director As Of 10/20/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah A Cowan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Engel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen P Hoover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Hovis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jameson Kelleher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Lovoi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie E May (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edmund Mierzwinski (Director Thru 10/20/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell G Noles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willard P Ogburn (Secretary Thru 2/4/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy D Scolnik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah L Sifry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taren Stinebrickner-Kauffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Taus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Astrid Vermeer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonora Wiener (Sr. Vp & Coo)
  • Compensation: $532,620
  • Related: $0
  • Other: $42,186
Eric Wayne (Sr. Vp & Cfo)
  • Compensation: $444,196
  • Related: $0
  • Other: $70,860
Michael Hubner (Vp, General Counsel)
  • Compensation: $446,814
  • Related: $0
  • Other: $30,206
Jason Fox (Vp, Chief Digital Officer)
  • Compensation: $433,784
  • Related: $0
  • Other: $68,010
Liam Mccormack (Vp, Research, Testing & Insights)
  • Compensation: $418,351
  • Related: $0
  • Other: $57,480
Lauren Stanich (Vp, Chief Marketing Officer)
  • Compensation: $406,920
  • Related: $0
  • Other: $66,327
Shar Taylor (Vp, Chief Social Impact Officer)
  • Compensation: $354,802
  • Related: $0
  • Other: $41,136
Rafael Perez (Vp, Chief Diversity Officer)
  • Compensation: $318,021
  • Related: $0
  • Other: $62,700
Gwendolyn Bounds (Vp, Chief Content Officer)
  • Compensation: $445,630
  • Related: $0
  • Other: $31,779
Esther Han (Vp, New Products & Services)
  • Compensation: $373,731
  • Related: $0
  • Other: $57,011
Peter Direnzo (Chief Technology Officer)
  • Compensation: $321,444
  • Related: $0
  • Other: $67,881
Heath Grayson (Chief Privacy Officer & Deputy Gc)
  • Compensation: $318,669
  • Related: $0
  • Other: $64,420
Corinne Osborn (Sr Dir Labor & Empl Rels)
  • Compensation: $303,033
  • Related: $0
  • Other: $66,103


Official website here: www.consumerreports.org

Where can I find the form 990 for Consumer Reports Inc?

Consumer Reports Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.consumerreports.org

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

Mission Statement of Consumer Reports Inc

Consumer Reports Inc, an independent nonprofit organization, is dedicated to working in tandem with consumers to promote truth, transparency, and fairness in the marketplace. Their mission is to protect and empower consumers by providing accurate, reliable, and unbiased information about products and services. Through their unwavering commitment to truth and transparency, they aim to help consumers make informed decisions and advocate for their rights.

Consumer Reports Inc's work is rooted in the belief that every consumer deserves access to clear, trustworthy information to make the best choices for themselves and their families. They offer a wealth of consumer information and product data, enabling individuals to make informed decisions on a wide range of goods and services. By providing this valuable information, they help consumers save money, avoid potential risks, and make purchases that meet their needs and preferences.

In addition to their consumer information services, Consumer Reports Inc also advocates for truth, transparency, and fairness in various industries. They collaborate with policymakers, industry leaders, and other stakeholders to promote policies and practices that benefit consumers. Through their advocacy efforts, they strive to create a marketplace that is fair, transparent, and responsive to the needs and concerns of consumers.

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Impact




October, 2024

Consumer Reports Inc significantly influences the marketplace by advocating for consumer rights and promoting truth, transparency, and fairness. By conducting rigorous testing and research, the organization provides consumers with critical information about products and services. This empowers individuals to make informed decisions and fosters accountability among manufacturers and service providers.

Through its in-depth reviews and ratings, Consumer Reports Inc helps demystify complex product choices, ensuring consumers have access to reliable and unbiased information. The organization also plays a vital role in raising awareness about issues affecting consumers, leading to stronger protections and reforms within various industries. Overall, its commitment to consumer advocacy not only enhances individual purchasing decisions but also contributes to a more equitable and transparent marketplace.




This information is meant to be a general summary of Consumer Reports Inc. 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
$288,765,703 (2022)
Expenses
$250,470,441 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,879,484
  • Program Service Revenue: $222,345,779
  • Gross Receipts: $388,937,468

Assets and Liabilities:

  • Total Assets: $489,278,180
  • Total Liabilities: $198,795,994
  • Net Assets: $290,482,186

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Programs

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

ONLINE SUBSCRIP. SALES

Revenue

$127,882,114

SUBSCRIP., NEWSSTAND

Revenue

$90,569,500

DATA INTELLIGENCE

Revenue

$3,567,305

TESTING REVENUE

Revenue

$326,860

Organization Details

Founding Year

1936

Principal Officer

Marta L Tellado

Main Address

101 TRUMAN AVENUE, YONKERS, NY, 107031044

NTEE Category

Code: W900 - Public benefit

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