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The Detroit Jewish News Foundation Inc

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

EIN: 274383848 ✦ Farmington hills, MI ✦ Designated as a 501(c)(3)

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Overview

What is The Detroit Jewish News Foundation Inc?

The Detroit Jewish News Foundation Inc, located at 32255 Northwestern Highway, Farmington Hills, MI 48334, is a nonprofit organization with a mission to educate and strengthen the Jewish community of Detroit and Southeast Michigan. They achieve this by creating, producing, preserving, and disseminating news and information of journalistic integrity, serving as a trusted source of connection within the community. To support this mission, the foundation expanded its digital capabilities and continued providing independent journalism, transitioning from a for-profit model. With a team of 15 dedicated individuals, they strive to capture, tell, and learn from the community's story, thereby fostering unity and knowledge among its members.


Official website here: www.djnfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star rating.

The Detroit Jewish News Foundation Inc has received an 88% score from Charity Navigator, reflecting strong accountability and financial practices. The rating is derived entirely from their performance in the Accountability & Finance category. Key strengths include a fully independent board with 100% independent members and a solid financial structure, as evidenced by an impressive program expense ratio of 82.74%.

The organization demonstrates transparency and adherence to guidelines, having no material diversion of assets and listing essential documents on their website. They have a robust audit and oversight committee, which enhances trust in their financial management. However, there are some limitations, such as the absence of a whistleblower policy and a document retention and destruction policy, which may raise concerns about their internal governance protocols.

Overall, the foundation showcases strong financial health and governance practices, making it a reliable option for donors seeking to support their mission. The areas for improvement noted suggest potential enhancements in organizational policies that could further strengthen their accountability framework.


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

Is The Detroit Jewish News Foundation Inc legitimate?

The Detroit Jewish News Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Detroit Jewish News Foundation 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: $112,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $746,922

For more financial information, click here


Official website here: www.djnfoundation.org

What is the mission statement of The Detroit Jewish News Foundation Inc?

The Detroit Jewish News Foundation's mission is to enlighten and strengthen the Jewish community by documenting, sharing, and learning from their stories through the creation, production, preservation, and dissemination of credible news and information. This organization strives to connect the community by upholding journalistic integrity in its work, supporting the Detroit Jewish News as it transitions to a non-profit operation, expands its digital capabilities, and continues to provide the community with reliable, independent journalism.


Official website here: www.djnfoundation.org

What is the revenue of The Detroit Jewish News Foundation Inc?

The Detroit Jewish News Foundation Inc's revenue in 2023 was $1,499,403.


Official website here: www.djnfoundation.org

Who are the executives of The Detroit Jewish News Foundation Inc and what are their salaries?

The average compensation at The Detroit Jewish News Foundation Inc during 2023 was $57,261. There are 15 employees and 7 volunteers at The Detroit Jewish News Foundation Inc.

Here are 8 key members and their salaries:


Gary Torgow (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kramer (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Berlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Axelrod (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Jackier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Schlussel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Zausmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Davidoff (Senior Advisor)
  • Compensation: $112,500
  • Related: $0
  • Other: $0


Official website here: www.djnfoundation.org

Where can I find the form 990 for The Detroit Jewish News Foundation Inc?

The Detroit Jewish News Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.djnfoundation.org

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

Mission Statement of The Detroit Jewish News Foundation Inc

The Detroit Jewish News Foundation Inc is dedicated to educating and strengthening the Jewish community of Detroit and Southeast Michigan. They accomplish this by capturing, telling, and learning from the community's story through the ongoing creation, production, preservation, and dissemination of news and information of journalistic integrity. This organization serves to educate and connect the community, promoting understanding and unity within its bounds.

In pursuit of its mission, The Detroit Jewish News Foundation Inc supports the Detroit Jewish News as it transitions to a non-profit operating model, expands its digital capabilities, and continues to serve the community with independent, trusted journalism. By doing so, the foundation ensures that the Jewish community has access to reliable and insightful news, fostering a well-informed and engaged community. The foundation's efforts in journalism help to preserve the history and culture of the Jewish community, while also promoting dialogue and understanding between different members of the community.

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Impact




October, 2024

The Detroit Jewish News Foundation Inc plays a crucial role in the Jewish community of Detroit and Southeast Michigan by capturing and sharing the unique stories, challenges, and achievements of its members. Through the ongoing production and dissemination of news with journalistic integrity, the foundation educates the community about its history, culture, and current events.

By expanding its digital capabilities, the foundation enhances access to trustworthy information, fostering a sense of connection and belonging among community members. This initiative not only preserves the rich legacy of the Jewish community in the region but also encourages engagement through various forms of arts and cultural expression. Through its commitment to independent journalism, the foundation strengthens community bonds and elevates the collective narrative of the Jewish population in the area.




This information is meant to be a general summary of The Detroit Jewish News Foundation 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
$1,499,403 (2023)
Expenses
$1,714,917 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $35,623
  • Gross Receipts: $2,187,414

Assets and Liabilities:

  • Total Assets: $898,335
  • Total Liabilities: $245,661
  • Net Assets: $652,674

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Programs

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

TRADE ADVERTISING

Revenue

$35,623

Organization Details

Founding Year

2011

Principal Officer

Marni Raitt

NTEE Category

Code: A23 - Arts

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