Record Community News Group is located in Lombard, IL. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Record Community News Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Record Community News Group generated $131.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $139.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE RECORD PUBLISHES CONTENT THAT EDUCATES THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, AS THE TREASURY REGULATIONS STIPULATE. THIS WORK, WHICH AS OF NOW TAKES UP 75 PERCENT OF THE RECORD'S FUNDING AND RESOURCES, CONTRIBUTES TO THE PUBLIC'S KNOWLEDGE ON CORE ISSUES AND INFORMATION THAT AFFECT THEIR DAY-TO-DAY LIVES AND THEIR FINANCIAL AND EMOTIONAL INVESTMENTS. THE RECORD'S WORK CREATES A MORE ENGAGED AND INFORMED PUBLIC. THE RECORD COVERS A DIVERSE RANGE OF TOPICS THAT IS RELEVANT TO SUBURBAN CHICAGO RESIDENTS, SUCH AS LOCAL AND REGIONAL GOVERNMENT, LOCAL SCHOOLS, PUBLIC HEALTH AND SAFETY, LOCAL ATHLETICS AND ENTERTAINMENT, BUSINESS, ENVIRONMENT AND OTHER LOCAL ISSUES. THE RECORD FOCUSES ON HOLDING PUBLIC ENTITIES ACCOUNTABLE AND INFORMS RESIDENTS OF THE TOWN'S AND SCHOOLS' USES OF PUBLIC DOLLARS. THE RECORD EMPLOYS A DEDICATED EDITORIAL STAFF WITH AN UNDERSTANDING OF THE COMMUNITY THAT FOLLOWS AND INVESTIGATES LOCAL ISSUES TO PRODUCE ORIGINAL REPORTING. ALL OF THE RECORD'S JOURNALISM UNDERGOES PROFESSIONAL SCRUTINY AND FACT-CHECKING PRIOR TO PUBLICATION. THE RECORD'S EDITORIAL STANDARDS COVER BALANCE, LITERARY QUALITY, ORIGINALITY, SOURCING STRENGTH, CONTEXTUALIZATION AND MORE. THE IMPLEMENTATION OF THESE STANDARDS ARE OVERSEEN BY THE EDITOR IN CHIEF. THE RECORD'S BOARD OF DIRECTORS ENSURES THE RECORD MAINTAINS ITS EDITORIAL STANDARDS, BUT DOES NOT MODIFY THE JOURNALISTIC INTEGRITY OF THE EDITOR IN CHIEF, A CRUCIAL PROTECTION OF INDEPENDENT JOURNALISM AND A DISTINCTION FROM HOW FOR-PROFIT NEWS ORGANIZATIONS OPERATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Coughlin Treasurer | 40 | $48,593 | |
Jennifer Gordon President | 1.25 | $0 | |
John Jenks Vice President | 1.25 | $0 | |
Ja Adande Secretary | 1.25 | $0 | |
Fouad Egbaria Director | 1.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $83,514 |
Total Program Service Revenue | $47,609 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $131,123 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $97,432 |
Professional fees and other payments to independent contractors | $13,520 |
Occupancy, rent, utilities, and maintenance | $2,700 |
Printing, publications, postage, and shipping | $11 |
Other expenses | $26,141 |
Total expenses | $139,804 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,472 |
Other assets | $0 |
Total assets | $4,472 |
Total liabilities | $150 |
Net assets or fund balances | $4,322 |
Over the last fiscal year, we have identified 1 grants that Record Community News Group has recieved totaling $43,782.
Awarding Organization | Amount |
---|---|
Institute For Nonprofit News Beverly Hills, CA PURPOSE: ORGANIZATION IS A FISCAL SPONSOR | $43,782 |
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Tri-County Communications Cooperative Inc Strum, WI | $52,913,250 | $19,988,134 |
Radiant Life Ministries Marion, IL | $195,965,953 | $18,938,808 |
Santa Fe Communications Inc Milwaukee, WI | $17,891,778 | $16,474,876 |
Indiana Public Broadcasting Stations Inc Indianapolis, IN | $3,521,484 | $3,421,083 |
Scola Mc Clelland, IA | $4,272,203 | $340,778 |
City Bureau Nfp Chicago, IL | $2,720,494 | $2,390,104 |
Illinois Beef Association Inc Springfield, IL | $854,239 | $1,875,178 |
Kentucky Broadcasters Association Inc Frankfort, KY | $1,618,428 | $1,052,426 |
Beacon Media Inc Kansas City, MO | $242,062 | $860,712 |
Society Of Broadcast Engineers Indianapolis, IN | $1,729,949 | $1,301,351 |
Missouri Broadcasters Association Jefferson City, MO | $3,411,019 | $1,385,200 |
Graphic Communications International Union Carol Stream, IL | $1,053,478 | $1,025,532 |