Overview
What is The Lakeville Journal Foundation?
The Lakeville Journal Foundation is a charitable organization, headquartered in Lakeville, Connecticut. Its primary mission is to sustain the financial, operational, and editorial stability of the Lakeville Journal and Millerton News, serving their respective local communities. To accomplish this, the foundation accepts tax-deductible donations, supplementing its revenue from advertising and other sources. Despite its charitable status, the foundation does not engage in explicit endorsements of political candidates. The Lakeville Journal Foundation's primary role is to ensure the continuity and thriving of these local newspapers, providing vital information and community engagement opportunities to their readership.
Official website here: www.lakevillejournalfoundation.org
Is The Lakeville Journal Foundation legitimate?
The Lakeville Journal Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lakeville Journal Foundation 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: $47,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $849,218
For more financial information, click here
Official website here: www.lakevillejournalfoundation.org
What is the mission statement of The Lakeville Journal Foundation?
The Lakeville Journal Foundation's unique mission is centered around ensuring the financial, operational, and editorial sustainability of two local news outlets, The Lakeville Journal and Millerton News. This mission aims to serve the communities they cater to, ensuring these publications continue to provide relevant and reliable news. As a charitable organization, it abstains from endorsing political candidates, but otherwise, it does not impose any restrictions on its journalistic endeavors. The foundation's role is crucial in supplementing the revenue of these news outlets, primarily from advertising, to maintain their credibility and relevance.
Official website here: www.lakevillejournalfoundation.org
Who is the CEO of The Lakeville Journal Foundation?
James Clark is the CEO of The Lakeville Journal Foundation The CEO's salary of The Lakeville Journal Foundation is $45,171 and their total compensation is $47,470.
Official website here: www.lakevillejournalfoundation.org
What is the revenue of The Lakeville Journal Foundation?
The Lakeville Journal Foundation's revenue in 2023 was $1,653,664.
Official website here: www.lakevillejournalfoundation.org
Who are the executives of The Lakeville Journal Foundation and what are their salaries?
Here are 12 key members and their salaries (The Lakeville Journal Foundation's CEO's salary is $45,171 and their total compensation is $47,470):
- Compensation: $45,171
- Related: $0
- Other: $2,299
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakevillejournalfoundation.org
Where can I find the form 990 for The Lakeville Journal Foundation?
The Lakeville Journal Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakevillejournalfoundation.org
Learn more at the official website: www.lakevillejournalfoundation.org
Mission Statement of The Lakeville Journal Foundation
The Lakeville Journal Foundation, as a charitable organization, is dedicated to ensuring the financial, operational, and editorial sustainability of The Lakeville Journal and Millerton News. This mission is aimed at serving the local communities they cater to. By receiving tax-deductible donations, the foundation complements its revenue from advertising and other sources, thereby maintaining the journalistic enterprise of these publications. The unique role of The Lakeville Journal Foundation lies in its commitment to preserving the financial health, operational efficiency, and editorial integrity of these local newspapers, thereby contributing to their vital role in informing and engaging their communities.
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Impact
July, 2024
The Lakeville Journal Foundation's impact lies in its commitment to ensuring the financial, operational, and editorial viability of The Lakeville Journal and Millerton News to serve their local communities. Through its unique mission, the foundation plays a vital role in supporting these local newspapers, thereby fostering a strong connection between the publications and the residents they serve. This support helps to maintain independent journalism, promote community engagement, and preserve the cultural and artistic heritage of the region.
This information is meant to be a general summary of The Lakeville Journal Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $33
- Program Service Revenue: $870,506
- Gross Receipts: $1,653,664
Assets and Liabilities:
- Total Assets: $662,803
- Total Liabilities: $164
- Net Assets: $662,639
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising
Revenue
$634,045
Composition Income
Revenue
$5,158
Other
Revenue
$1,232
Single Copy Sales
Revenue
$87,491
Subscription Income
Revenue
$142,580
Organization Details
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