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Cubanet News Inc

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

EIN: 650615598 ✦ Coral gables, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cubanet News Inc?

Cubanet News Inc, established in 1994, is a nonprofit and non-partisan organization based in Coral Gables, Florida. Their primary mission is to circulate unbiased information and foster the growth of independent journalism in Cuba. To accomplish this, they utilize various platforms such as their regularly updated news website, Cubanet.org, which features posts from both Cuba and abroad. Additionally, they maintain a strong social media presence and publish PDF magazines. The organization's main objective is to highlight the realities in Cuba, including human rights violations, and contribute to the promotion of democracy within the island. With a team of six dedicated individuals, Cubanet News Inc strives to provide the international community with accurate information from independent journalists in Cuba.


Official website here: www.cubanet.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Cubanet News Inc has received an overall score of 81%, reflecting a solid performance in accountability and finance. The rating is derived entirely from their accountability measures, indicating a strong commitment to transparency and ethical governance. A key strength is the composition of their board, which consists of a majority of independent members, fulfilling best practices in nonprofit governance.

The organization demonstrates robust financial management with high scores across various accountability metrics. Notably, they scored full points in critical areas such as material diversion of assets, conflict of interest policies, and document retention. These factors contribute to a trustworthy assessment of their operations and a commitment to responsible stewardship of resources.

While the rating is commendable, it is essential to consider that the score is solely based on accountability and finance, meaning other areas like program effectiveness and impact are not evaluated in this rating. This limitation suggests that potential donors should look for additional information regarding the organization’s overall programmatic success and community impact beyond financial practices.


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

Is Cubanet News Inc legitimate?

Cubanet News Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cubanet News 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,036

For more financial information, click here


Official website here: www.cubanet.org

What is the mission statement of Cubanet News Inc?

Cubanet News Inc, established in 1994, is a nonprofit and non-partisan organization committed to the circulation of unbiased information and the development of independent journalism in Cuba. To fulfill its mission, Cubanet utilizes its primary tools, which include an independently run news website, Cubanet.org, continuously updated with submissions from both Cuba and abroad. The organization also maintains a robust social media presence and publishes PDF magazines.


Official website here: www.cubanet.org

Who is the CEO of Cubanet News Inc?

Hugo A Landa is the President of Cubanet News Inc.


Official website here: www.cubanet.org

What is the revenue of Cubanet News Inc?

Cubanet News Inc's revenue in 2022 was $1,005,365.


Official website here: www.cubanet.org

Who are the executives of Cubanet News Inc and what are their salaries?

The average compensation at Cubanet News Inc during 2022 was $60,839. There are 6 employees at Cubanet News Inc.


Here are 6 key members and their salaries:


Hugo A Landa (President)
  • Compensation: $65,773
  • Related: $0
  • Other: $0
Jose Azel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan A Espasande (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberto Mascaro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolando Morelli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Saludes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cubanet.org

Where can I find the form 990 for Cubanet News Inc?

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


Official website here: www.cubanet.org

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

Mission Statement of Cubanet News Inc

Cubanet News Inc, established in 1994, is a nonprofit and non-partisan organization with a mission to disseminate unrestricted information and foster independent journalism in Cuba. To achieve this goal, Cubanet News Inc utilizes several primary tools. The organization's main platform is its independent news website, Cubanet.org, which is consistently updated with posts from both Cuba and abroad. In addition to this, Cubanet News Inc has a strong social media presence and publishes PDF magazines. These tools serve to advance the organization's mission of circulating unbiased information and fostering the growth of independent journalism in Cuba.

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Impact




July, 2024

Cubanet News Inc, being a non-partisan organization focused on promoting independent journalism and the circulation of unfettered information in Cuba, has had a significant impact on the country. Through its independent news website, Cubanet.org, and other media platforms, Cubanet has provided a platform for independent journalists in Cuba to report on the real situation in the country and document human rights violations.

By supporting these journalists and enabling them to share their stories with the international community, Cubanet News Inc has played a crucial role in shedding light on issues in Cuba that may otherwise go unnoticed. This has contributed to raising global awareness about the challenges faced by Cuban citizens and has helped in advocating for democracy and freedom of speech on the island.

Overall, Cubanet's efforts have not only empowered independent journalists in Cuba but have also served as a valuable source of information for those seeking to understand the realities of life in the country. Through its mission of promoting independent journalism and free expression, Cubanet News Inc continues to make a meaningful impact on Cuba and beyond.




This information is meant to be a general summary of Cubanet News 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
$1,005,365 (2022)
Expenses
$1,026,836 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,005,365

Assets and Liabilities:

  • Total Assets: $292,237
  • Total Liabilities: $14,638
  • Net Assets: $277,599

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Organization Details

Founding Year

1995

Principal Officer

Hugo A Landa

Main Address

145 MADEIRA AVENUE SUITE 202, CORAL GABLES, FL, 33134

NTEE Category

Code: B99Z - Education

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