Reader Institute For Community Journalism Inc

Chicago Reader

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

EIN: 843670420 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Reader Institute For Community Journalism Inc?

Reader Institute For Community Journalism Inc, often referred to as RICJI, is a nonprofit organization based in Chicago, Illinois. Established with a mission to promote public discourse, it achieves this goal through independent journalism in the Greater Chicago Metropolitan Area. RICJI operates and publishes the Chicago Reader, an alternative newspaper, providing political and cultural coverage that highlights underrepresented communities and stories. Additionally, RICJI operates the Chicago Independent Media Alliance (CIMA), further contributing to their commitment to local journalism. With a team of 45 dedicated individuals, RICJI plays a significant role in fostering informed public discussions by showcasing diverse perspectives in Chicago.


Official website here: www.chicagoreader.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Reader Institute for Community Journalism Inc. has earned a respectable Three-Star rating from Charity Navigator, reflecting a solid overall performance in operational standards and financial health. The organization's strong accountability and finance score of 81 indicates its commitment to transparent governance, with notable strengths in areas such as having an entirely independent board and robust financial oversight mechanisms.

The nonprofit excels in leadership and adaptability, scoring a perfect 100 in this category, which suggests effective management and a proactive approach to achieving its mission. Additionally, the organization demonstrates a commendable fundraising efficiency ratio, ensuring that a significant portion of its funds are allocated towards its programs rather than administrative costs.

However, there are areas for improvement, particularly in its program expense ratio and working capital ratio, which could be considered lower than ideal. These metrics indicate that while the organization is effectively managed, there may be limitations in its financial reserves and the percentage of resources directed towards direct programmatic work. Addressing these aspects could enhance its operational effectiveness and impact in the community.


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

Is Reader Institute For Community Journalism Inc legitimate?

Reader Institute For Community Journalism Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reader Institute For Community Journalism 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: $1,207,528

For more financial information, click here


Official website here: www.chicagoreader.com

What is the mission statement of Reader Institute For Community Journalism Inc?

The Reader Institute for Community Journalism Inc., commonly referred to as RICJI, is dedicated to fostering public discourse by promoting local, independent journalism within the greater Chicago metropolitan area. The organization accomplishes this through the operation and publication of The Chicago Reader, an alternative newspaper that generates and showcases political and cultural coverage, often focusing on underrepresented communities and stories. Furthermore, RICJI operates the Chicago Independent Media Alliance (CIMA), continuing its commitment to educating, advancing, and informing public discourse.


Official website here: www.chicagoreader.com

Who is the CEO of Reader Institute For Community Journalism Inc?

Solomon Lieberman is the Board Chairwoman of Reader Institute For Community Journalism Inc.


Official website here: www.chicagoreader.com

What is the revenue of Reader Institute For Community Journalism Inc?

Reader Institute For Community Journalism Inc's revenue in 2022 was $2,731,613.


Official website here: www.chicagoreader.com

Who are the executives of Reader Institute For Community Journalism Inc and what are their salaries?

The average compensation at Reader Institute For Community Journalism Inc during 2022 was $26,834. There are 45 employees and 28 volunteers at Reader Institute For Community Journalism Inc.


Here are 13 key members and their salaries:


Eileen Rhodes (Board Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hunt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Cuddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Reiter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Steed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Dever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Doubleday (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reese Marcusson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Torrence Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Baim (Publisher)
  • Compensation: $77,236
  • Related: $0
  • Other: $0
Ann Scholhamer (Vp Operations)
  • Compensation: $48,488
  • Related: $0
  • Other: $0
Amber Nettles (Senior Vp - Growth & Strategy)
  • Compensation: $70,040
  • Related: $0
  • Other: $0


Official website here: www.chicagoreader.com

Where can I find the form 990 for Reader Institute For Community Journalism Inc?

Reader Institute For Community Journalism Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chicagoreader.com

Learn more at the official website: www.chicagoreader.com

Mission Statement of Reader Institute For Community Journalism Inc

Reader Institute for Community Journalism Inc, often referred to as RICJI, is an organization dedicated to fostering informed public discourse through local, independent journalism in the greater Chicago metropolitan area. At the heart of its mission, RICJI operates and publishes the Chicago Reader, an alternative newspaper that generates and showcases political and cultural coverage. This coverage is specifically tailored to Chicago, with a focus on highlighting underrepresented communities and stories. In addition to the Chicago Reader, RICJI also manages the Chicago Independent Media Alliance (CIMA), further expanding its role in promoting local, independent journalism. By educating, advancing, and informing public discourse, RICJI plays a crucial role in ensuring that diverse perspectives are represented and considered in the greater Chicago community.

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Impact




July, 2024

Reader Institute For Community Journalism Inc's impact is profound, as it educates, advances, and informs public discourse through local, independent journalism in the Greater Chicago metropolitan area. By operating and publishing the Chicago Reader, an alternative newspaper, the organization creates and curates political and cultural coverage by and for Chicago, highlighting underrepresented communities and stories. In addition, Reader Institute For Community Journalism Inc also operates the Chicago Independent Media Alliance (CIMA), further contributing to research, analysis, and engagement on public policy, current events, and the arts. Through these initiatives, the organization plays a vital role in promoting community voices, fostering dialogue, and providing a platform for diverse perspectives within the Chicago area.




This information is meant to be a general summary of Reader Institute For Community Journalism 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
$2,731,613 (2022)
Expenses
$2,780,003 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,800,158

Assets and Liabilities:

  • Total Assets: $578,290
  • Total Liabilities: $235,638
  • Net Assets: $342,652

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Organization Details

Founding Year

2019

Principal Officer

Solomon Lieberman

Main Address

2930 S MICHIGAN AVE SUITE 102, CHICAGO, IL, 60616

NTEE Category

Code: A33 - Arts

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