National Trust For Local News

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

EIN: 862022385 ✦ Englewood, CO ✦ Designated as a 501(c)(3)

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Overview

What is National Trust For Local News?

The National Trust for Local News is a nonprofit organization situated in Englewood, Colorado. Their primary mission is to revitalize community newspapers by enhancing their capacities, developing shared services, and strengthening their local media services. They aim to provide in-depth information, unbiased news, and diverse cultural programming to communities nationwide. The trust also creates or facilitates the development of local media services that improve education and information in local communities, promotes sustainable local media, and provides financial support. Furthermore, they offer educational resources and advisory services to community-oriented newspapers, helping them establish new, sustainable business models. In essence, the National Trust for Local News works to conserve, transform, and sustain community news organizations in the digital age.


Official website here: www.nationaltrustforlocalnews.org

Is National Trust For Local News legitimate?

National Trust For Local News is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Trust For Local News 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: $370,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,494,096

For more financial information, click here


Official website here: www.nationaltrustforlocalnews.org

What is the mission statement of National Trust For Local News?

The National Trust for Local News is a non-profit organization committed to revitalizing community newspapers. Its mission is to conserve, transform, and sustain community news organizations. The organization provides various program services to enhance the capacity of local media, develop shared services and infrastructure technologies, strengthen and expand local media services, improve and enhance education and information in local communities, enable sustainable local media, and educate and support local newspaper publishers and community media organizations. The aim is to ensure the long-term educational, economic, and civic services to their communities, providing onsite advisory services to local community-oriented newspapers seeking to create sustainable business models.


Official website here: www.nationaltrustforlocalnews.org

Who is the CEO of National Trust For Local News?

Elizabeth Hansen Shapiro is the CEO of National Trust For Local News The CEO's salary of National Trust For Local News is $370,540 and their total compensation is $370,540.


Official website here: www.nationaltrustforlocalnews.org

What is the revenue of National Trust For Local News?

National Trust For Local News's revenue in 2023 was $46,104,002.


Official website here: www.nationaltrustforlocalnews.org

Who are the executives of National Trust For Local News and what are their salaries?

The average compensation at National Trust For Local News during 2023 was $18,934. There are 521 employees and 4 volunteers at National Trust For Local News.

Here are 10 key members and their salaries (National Trust For Local News's CEO's salary is $370,540 and their total compensation is $370,540):


Marc Hand (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wotowicz (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ju-Don Marshall (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian Ruiz (Coo & Co-Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hansen Shapiro (Ceo)
  • Compensation: $370,540
  • Related: $0
  • Other: $0
Phillip R Mcduffie (Chief Portfolio Officer)
  • Compensation: $155,650
  • Related: $0
  • Other: $0
William Nelligan (Chief Growth Officer)
  • Compensation: $162,135
  • Related: $0
  • Other: $0
Jenifer F Nelson (Strategic Partnership (Thru 8/7/23))
  • Compensation: $108,712
  • Related: $0
  • Other: $0
Caroline Porter (Dir Strategic P'Ship & Impact)
  • Compensation: $109,808
  • Related: $0
  • Other: $0
Caroline Ross (Chief Of Staff)
  • Compensation: $188,008
  • Related: $0
  • Other: $0


Official website here: www.nationaltrustforlocalnews.org

Where can I find the form 990 for National Trust For Local News?

National Trust For Local News's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nationaltrustforlocalnews.org

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

Mission Statement of National Trust For Local News

The National Trust for Local News is a dedicated non-profit organization with a mission to revitalize community newspapers. Its primary goal is to conserve, transform, and sustain community news organizations. By doing so, the National Trust aims to enhance the capabilities of local media outlets, enabling them to provide improved services to their communities while increasing their revenue in support of their public service mission.

To achieve this, the National Trust offers a range of program services. Firstly, it seeks to develop shared services and infrastructure technologies that support local media. Secondly, the organization works to strengthen and expand local media services, ensuring that communities nationwide have access to in-depth information, unbiased news, and diverse cultural programming and content.

Thirdly, the National Trust facilitates the creation and support of local media services that enhance education and information in local communities across the country. Fourthly, it enables and promotes sustainable local media for communities nationwide, providing short-term and long-term financing in support of local media.

Lastly, the National Trust offers educational resources and support to local newspaper publishers and other community media organizations, ensuring the long-term educational, economic, and civic services to their communities. It also provides intensive, long-term, and on-site advisory services to local community-oriented newspapers seeking to create new, sustainable business models. In summary, the National Trust for Local News is committed to supporting and revitalizing community newspapers, ensuring they can continue to serve their communities effectively.

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Impact




July, 2024

The National Trust for Local News is dedicated to revitalizing community newspapers by increasing their capacity to provide enhanced services to their communities, developing shared services and infrastructure technologies, and strengthening and expanding local media services nationwide. Their mission includes creating or facilitating the development of local media services that improve education and information in local communities, promoting sustainable local media, and providing critical services and support to ensure long-term educational, economic, and civic services to communities. Their efforts are aimed at driving transformation and sustainability in community news organizations to ensure community service over the long term.




This information is meant to be a general summary of National Trust For Local News. 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
$46,104,002 (2023)
Expenses
$24,433,037 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $31,301
  • Program Service Revenue: $20,287,233
  • Gross Receipts: $46,104,002

Assets and Liabilities:

  • Total Assets: $4,772,238
  • Total Liabilities: $1,545,229
  • Net Assets: $3,227,009

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Programs

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

PUBLICATION REVENUE

Revenue

$18,594,209

PRINTING REVENUE

Revenue

$1,693,024

Organization Details

Founding Year

2021

Principal Officer

Elizabeth Hansen Shapiro

NTEE Category

Code: A30 - Arts

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