CONSUMER REPORTS INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CONSUMER REPORTS INC (EIN 13-1776434)
- Tax period
- 2021-06-01 to 2022-05-31
- Filed
- 2023-03-23
- IRS object ID
- 202310829349301201
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-03-23T09:51:00-05:00 | ReturnTs |
| Tax Period End | 2022-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1305 WALT WHITMAN ROAD | AddressLine1Txt |
| City | MELVILLE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11747 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131776434 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONSUMER REPORTS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CONS | BusinessNameControlTxt |
| Phone | 9143782000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 TRUMAN AVENUE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 107031044 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIC WAYNE | PersonNm |
| Person Title | SR. VP AND CFO | PersonTitleTxt |
| Phone | 9143782000 | PhoneNum |
| Signature | 2023-03-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ERIC | PersonFirstNm |
| Person Last | WAYNE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FELICIA R TUCKER | PreparerPersonNm |
| PTIN | P00505155 | PTIN |
| Phone | 6314256000 | PhoneNum |
| Preparation | 2023-03-23 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARTA L TELLADO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 TRUMAN AVENUE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 107031044 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $388,937,468 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CONSUMERREPORTS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | WE ARE AN INDEPENDENT, NONPROFIT ORGANIZATION THAT WORKS SIDE BY SIDE WITH CONSUMERS. SEE SCHEDULE O.WE ARE AN INDEPENDENT, NONPROFIT ORGANIZATION THAT WORKS SIDE BY SIDE WITH CONSUMERS FOR TRUTH, TRANSPARENCY, AND FAIRNESS IN THE MARKETPLACE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 664 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $11,854,398 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $3,417,919 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $36,061,646 | PYContributionsGrantsAmt |
| CY Contributions Grants | $40,666,041 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $225,861,453 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $222,345,779 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,748,098 | PYInvestmentIncomeAmt |
| CY Investment Income | $24,879,484 | CYInvestmentIncomeAmt |
| PY Other Revenue | $881,364 | PYOtherRevenueAmt |
| CY Other Revenue | $874,399 | CYOtherRevenueAmt |
| PY Total Revenue | $275,552,561 | PYTotalRevenueAmt |
| CY Total Revenue | $288,765,703 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $145,100 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $255,250 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $99,383,462 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $105,418,695 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $189,046 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $180,732 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $12,051,691 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $139,354,640 | PYOtherExpensesAmt |
| CY Other Expenses | $144,615,764 | CYOtherExpensesAmt |
| PY Total Expenses | $239,072,248 | PYTotalExpensesAmt |
| CY Total Expenses | $250,470,441 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $36,480,313 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $38,295,262 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $503,278,353 | TotalAssetsBOYAmt |
| Total Assets EOY | $489,278,180 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $214,157,470 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $198,795,994 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $289,120,883 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $290,482,186 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | WE ARE AN INDEPENDENT, NONPROFIT ORGANIZATION THAT WORKS SIDE BY SIDE WITH CONSUMERS FOR TRUTH, TRANSPARENCY, AND FAIRNESS IN THE MARKETPLACE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $199,760,506 | ExpenseAmt |
| Revenue | $222,345,779 | RevenueAmt |
| Desc | CONSUMER INFORMATION, PRODUCT INFORMATION. SEE SCHEDULE O FORADDITIONAL INFORMATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,188,827 | ExpenseAmt |
| Grant | $255,250 | GrantAmt |
| Desc | EDUCATION PROGRAMS, HEALTH INFORMATION AND SAFETY. SEESCHEDULE O FOR ADDITIONAL INFORMATION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $215,949,333 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 192 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 664 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MR MICHAEL MARTIN CPA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9143782000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 TRUMAN AVENUE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 107031044 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| MARTA L TELLADO | |||||||||
| PRESIDENT & CEO | 45.00 | 0.00 | Yes (X) | Yes (X) | $819,666 | $0 | $31,964 | ||
| JOAQUIN ALVARADO | |||||||||
| CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NIKITRA BAILEY | |||||||||
| DIRECTOR AS OF 10/20/21 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MILLIE CHU BAIRD | |||||||||
| DIRECTOR AS OF 10/20/21 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBORAH A COWAN | |||||||||
| TREASURER | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN ENGEL | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN P HOOVER | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOANNE HOVIS | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMESON KELLEHER | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNETTE LOVOI | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIE E MAY | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EDMUND MIERZWINSKI | |||||||||
| DIRECTOR THRU 10/20/21 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RUSSELL G NOLES | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLARD P OGBURN | |||||||||
| SECRETARY THRU 2/4/22 | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BETSY D SCOLNIK | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICAH L SIFRY | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CALVIN SIMS | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TAREN STINEBRICKNER-KAUFFMAN | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELLEN TAUS | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ASTRID VERMEER | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEONORA WIENER | |||||||||
| SR. VP & COO | 45.00 | 0.00 | Yes (X) | $532,620 | $0 | $42,186 | |||
| ERIC WAYNE | |||||||||
| SR. VP & CFO | 45.00 | 0.00 | Yes (X) | $444,196 | $0 | $70,860 | |||
| MICHAEL HUBNER | |||||||||
| VP, GENERAL COUNSEL | 45.00 | 0.00 | $446,814 | $0 | $30,206 | Yes (X) | |||
| JASON FOX | |||||||||
| VP, CHIEF DIGITAL OFFICER | 45.00 | 0.00 | $433,784 | $0 | $68,010 | Yes (X) | |||
| LIAM MCCORMACK | |||||||||
| VP, RESEARCH, TESTING & INSIGHTS | 45.00 | 0.00 | $418,351 | $0 | $57,480 | Yes (X) | |||
| LAUREN STANICH | |||||||||
| VP, CHIEF MARKETING OFFICER | 45.00 | 0.00 | $406,920 | $0 | $66,327 | Yes (X) | |||
| SHAR TAYLOR | |||||||||
| VP, CHIEF SOCIAL IMPACT OFFICER | 45.00 | 0.00 | $354,802 | $0 | $41,136 | Yes (X) | |||
| RAFAEL PEREZ | |||||||||
| VP, CHIEF DIVERSITY OFFICER | 45.00 | 0.00 | $318,021 | $0 | $62,700 | Yes (X) | |||
| GWENDOLYN BOUNDS | |||||||||
| VP, CHIEF CONTENT OFFICER | 45.00 | 0.00 | $445,630 | $0 | $31,779 | Yes (X) | |||
| ESTHER HAN | |||||||||
| VP, NEW PRODUCTS & SERVICES | 45.00 | 0.00 | $373,731 | $0 | $57,011 | Yes (X) | |||
| PETER DIRENZO | |||||||||
| CHIEF TECHNOLOGY OFFICER | 45.00 | 0.00 | $321,444 | $0 | $67,881 | Yes (X) | |||
| HEATH GRAYSON | |||||||||
| CHIEF PRIVACY OFFICER & DEPUTY GC | 45.00 | 0.00 | $318,669 | $0 | $64,420 | Yes (X) | |||
| CORINNE OSBORN | |||||||||
| SR DIR LABOR & EMPL RELS | 45.00 | 0.00 | $303,033 | $0 | $66,103 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,937,681 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $758,063 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 376 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GOOGLE INC | |||||
| 1600 AMPHITHEATRE PARKWAY | MOUNTAIN VIEW | CA | 94043 | SEARCH ENGINE MARKETING | $12,277,141 |
| QUAD GRAPHICS | |||||
| N61 W23044 HARRYS WAY | SUSSEX | WI | 53089 | PRINTING | $5,374,412 |
| DIAMOND COMMUNICATIONS | |||||
| 1209 31ST AVENUE | COUNCIL BLUFFS | IA | 51501 | FULFILLMENT SERVICES | $5,148,649 |
| TELERX MARKETING INC | |||||
| 723 DRESHER RD | HORSHAM | PA | 19044 | MARKETING | $4,684,925 |
| MODCO MEDIA | |||||
| 102 MADISON AVE FL 10 | NEW YORK | NY | 100167540 | BRANDING | $3,179,055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 85 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $237,185 | GovernmentGrantsAmt |
| All Other Contributions | $40,428,856 | AllOtherContributionsAmt |
| Noncash Contributions | $92,283 | NoncashContributionsAmt |
| Total Contributions | $40,666,041 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| ONLINE SUBSCRIP. SALES | 519130 | $127,882,114 | $116,027,716 | $11,854,398 |
| SUBSCRIP., NEWSSTAND | 511120 | $90,569,500 | $90,569,500 | |
| DATA INTELLIGENCE | 519190 | $3,567,305 | $3,567,305 | |
| TESTING REVENUE | 541380 | $326,860 | $326,860 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $222,345,779 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,704,192 | TotalRevenueColumnAmt |
| Exclusion | $1,704,192 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $876,166 | TotalRevenueColumnAmt |
| Exclusion | $876,166 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $94,876 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $96,643 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$1,767 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,767 | TotalRevenueColumnAmt |
| Exclusion | -$1,767 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $123,250,414 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $100,075,122 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,175,292 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,175,292 | TotalRevenueColumnAmt |
| Exclusion | $23,175,292 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $288,765,703 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $210,491,381 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $11,854,398 | UnrelatedBusinessRevenueAmt |
| Exclusion | $25,753,883 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,250 | TotalAmt |
| Program Services | $255,250 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,312,890 | TotalAmt |
| Program Services | $1,896,614 | ProgramServicesAmt |
| Management And General | $2,040,893 | ManagementAndGeneralAmt |
| Fundraising | $375,383 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,049,396 | TotalAmt |
| Program Services | $66,119,456 | ProgramServicesAmt |
| Management And General | $8,981,196 | ManagementAndGeneralAmt |
| Fundraising | $1,948,744 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,204,308 | TotalAmt |
| Program Services | $6,297,573 | ProgramServicesAmt |
| Management And General | $745,002 | ManagementAndGeneralAmt |
| Fundraising | $161,733 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,087,909 | TotalAmt |
| Program Services | $9,587,367 | ProgramServicesAmt |
| Management And General | $1,230,641 | ManagementAndGeneralAmt |
| Fundraising | $269,901 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,764,192 | TotalAmt |
| Program Services | $4,946,505 | ProgramServicesAmt |
| Management And General | $671,898 | ManagementAndGeneralAmt |
| Fundraising | $145,789 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $502,579 | TotalAmt |
| Management And General | $484,603 | ManagementAndGeneralAmt |
| Fundraising | $17,976 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $629,225 | TotalAmt |
| Management And General | $629,225 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,732 | TotalAmt |
| Fundraising | $180,732 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,560 | TotalAmt |
| Management And General | $450,560 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,719,496 | TotalAmt |
| Program Services | $9,171,642 | ProgramServicesAmt |
| Management And General | $1,533,143 | ManagementAndGeneralAmt |
| Fundraising | $14,711 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,268,473 | TotalAmt |
| Program Services | $32,545,732 | ProgramServicesAmt |
| Management And General | $196,176 | ManagementAndGeneralAmt |
| Fundraising | $526,565 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,600 | TotalAmt |
| Program Services | $658,963 | ProgramServicesAmt |
| Management And General | $124,694 | ManagementAndGeneralAmt |
| Fundraising | $5,943 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,761,026 | TotalAmt |
| Program Services | $5,566,734 | ProgramServicesAmt |
| Management And General | $1,172,252 | ManagementAndGeneralAmt |
| Fundraising | $22,040 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,731,088 | TotalAmt |
| Program Services | $2,333,010 | ProgramServicesAmt |
| Management And General | $380,997 | ManagementAndGeneralAmt |
| Fundraising | $17,081 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,440 | TotalAmt |
| Program Services | $176,803 | ProgramServicesAmt |
| Management And General | $9,812 | ManagementAndGeneralAmt |
| Fundraising | $9,825 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,497 | TotalAmt |
| Program Services | $102,601 | ProgramServicesAmt |
| Management And General | $21,540 | ManagementAndGeneralAmt |
| Fundraising | $5,356 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,072,276 | TotalAmt |
| Management And General | $1,072,276 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,417,704 | TotalAmt |
| Program Services | $14,894,609 | ProgramServicesAmt |
| Management And General | $496,382 | ManagementAndGeneralAmt |
| Fundraising | $26,713 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,314,775 | TotalAmt |
| Management And General | $1,314,775 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| POSTAGE AND SHIPPING | $28,368,104 | $24,377,242 | $3,258 | $3,987,604 |
| PRINTING & PUBLICATION | $14,987,583 | $12,530,646 | $2,456,937 | |
| ORDER PROCESSING | $11,768,116 | $10,067,560 | $7,332 | $1,693,224 |
| PRODUCT TESTING | $3,432,762 | $3,432,762 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,076,460 | TotalAmt |
| Program Services | $10,988,264 | ProgramServicesAmt |
| Management And General | $902,762 | ManagementAndGeneralAmt |
| Fundraising | $185,434 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,470,441 | TotalAmt |
| Program Services | $215,949,333 | ProgramServicesAmt |
| Management And General | $22,469,417 | ManagementAndGeneralAmt |
| Fundraising | $12,051,691 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $863,098 | BOYAmt |
| EOY | $793,304 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,751,890 | BOYAmt |
| EOY | $43,323,936 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,094,250 | BOYAmt |
| EOY | $1,148,509 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,590,147 | BOYAmt |
| EOY | $6,167,781 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,487,724 | BOYAmt |
| EOY | $3,212,129 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,246,658 | BOYAmt |
| EOY | $8,336,966 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $240,375,119 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $185,875,655 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,362,658 | BOYAmt |
| EOY | $54,499,464 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,539,274 | BOYAmt |
| EOY | $364,659,799 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,342,654 | BOYAmt |
| EOY | $7,136,292 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $503,278,353 | BOYAmt |
| EOY | $489,278,180 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,390,816 | BOYAmt |
| EOY | $25,312,924 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,292,584 | BOYAmt |
| EOY | $109,661,018 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,858,000 | BOYAmt |
| EOY | $32,275,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,616,070 | BOYAmt |
| EOY | $31,547,052 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,157,470 | BOYAmt |
| EOY | $198,795,994 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,429,820 | BOYAmt |
| EOY | $278,803,465 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,691,063 | BOYAmt |
| EOY | $11,678,721 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,120,883 | BOYAmt |
| EOY | $290,482,186 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $503,278,353 | BOYAmt |
| EOY | $489,278,180 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $38,295,262 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$42,193,389 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,259,430 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,653,917 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,065,192 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,958,978 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,061,646 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,666,041 | CurrentTaxYearAmt |
| Total | $172,405,774 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,653,917 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,065,192 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,958,978 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,061,646 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,666,041 | CurrentTaxYearAmt |
| Total | $172,405,774 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $8,008,303 | SubstantialContributorsTotAmt |
| Public Support Total170 | $164,397,471 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,080,905 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,575,454 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,426,959 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,100,633 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,675,234 | CurrentTaxYearAmt |
| Total | $11,859,185 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,833,300 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,117,392 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,287,901 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,771,700 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,309,612 | CurrentTaxYearAmt |
| Total | $15,319,905 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $199,584,864 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,032,273,292 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82370 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84940 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | ACCORDING TO THE BUSINESS MASTER FILE, CONSUMER REPORTS, INC. IS EXEMPT WITH THE IRS UNDER SECTION 509(A)(2). HOWEVER, TO SUPPORT THE USE OF SPECIAL 2% RULE FOR REPORTING CONTRIBUTIONS ON SCHEDULE B, THE ORGANIZATION HAS FILLED OUT PART II. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | Yes (1) | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | Yes (1) | MediaAdvertisementsInd |
| Media Advertisements | $6,000 | MediaAdvertisementsAmt |
| Mailings Members | Yes (1) | MailingsMembersInd |
| Mailings Members | $115,329 | MailingsMembersAmt |
| Publications Or Broadcast | Yes (1) | PublicationsOrBroadcastInd |
| Publications Or Broadcast | $164,421 | PublicationsOrBroadcastAmt |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $179,702 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | Yes (1) | RalliesDemonstrationsInd |
| Rallies Demonstrations | $3,344 | RalliesDemonstrationsAmt |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $468,796 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | LINE 1A - VOLUNTEERS TESTIFY BEFORE CONGRESS AND STATE LEGISLATURES; SPEAK AT PRESS CONFERENCES REGARDING STATE AND FEDERAL LEGISLATION; LOBBY LEGISLATORS. LINE 1B - PAID STAFF OR MANAGEMENT: PLEASE SEE BELOW ACTIVITIES, AS STAFF AND MANAGEMENT ARE INCLUDED IN THOSE ACTIVITIES AND TOTALS. LINE 1C - MEDIA ADVERTISEMENTS: MEDIA SPACE PURCHASED IN PRINT AND RADIO AND SOCIAL MEDIA REGARDING STATE OR FEDERAL LEGISLATION. LINE 1D - MAILING TO MEMBERS, LEGISLATORS, OR THE PUBLIC: LETTERS AND EMAILS TO STATE OR FEDERAL LEGISLATORS AND STAFF REGARDING LEGISLATION; EMAIL ACTION ALERTS REGARDING STATE OR FEDERAL LEGISLATION TO OUR MEMBERS OR ACTIVISTS. LINE 1E - PUBLICATIONS, OR PUBLISHED OR BROADCAST STATEMENTS: LOBBYING MESSAGES REGARDING LEGISLATION THAT APPEAR IN CONSUMER REPORTS AND ITS OTHER PUBLICATIONS. LINE 1G - DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR LEGISLATIVE BODY: FACE-TO-FACE MEETINGS OR; TELEPHONE CALLS WITH STATE OR FEDERAL LEGISLATORS, INCLUDING TRAVEL TIME. LINE 1H - RALLIES, DEMONSTRATIONS, SEMINARS, CONVENTIONS, SPEECHES, LECTURES, OR ANY SIMILAR MEANS: SPEECHES; RALLIES; CONFERENCES WHERE CR STAFF SUPPORTS OR OPPOSES STATE OR FEDERAL LEGISLATION PUBLICLY. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,935,255 | OtherCostOrOtherBasisAmt |
| Book Value | $11,935,255 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $72,171,739 | OtherCostOrOtherBasisAmt |
| Depreciation | $52,168,896 | DepreciationAmt |
| Book Value | $20,002,843 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $795,261 | OtherCostOrOtherBasisAmt |
| Depreciation | $681,105 | DepreciationAmt |
| Book Value | $114,156 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $27,661,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,595,621 | DepreciationAmt |
| Book Value | $3,065,379 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $127,811,864 | OtherCostOrOtherBasisAmt |
| Depreciation | $108,430,033 | DepreciationAmt |
| Book Value | $19,381,831 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $54,499,464 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)
| DescDesc | AmtAmt |
|---|---|
| PENSION LIABILITY | $11,175,086 |
| CHARITABLE GIFT ANNUITY | $8,528,415 |
| 457(B) LIABILITY | $4,687,148 |
| LIABILITY DERIVATIVE INSTRUMENT | $2,742,024 |
| ASC 712 LIABILITY | $1,631,160 |
| LIFETIME SUBSCRIBER LIABILITY | $1,194,000 |
| OTHER DEFERRED | $890,219 |
| OPERATING LEASE LIABILITY | $699,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $31,547,052 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $251,565,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$42,193,389 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $5,260,439 | OtherRevenueAmt |
| Revenue Not Reported | -$36,932,950 | RevenueNotReportedAmt |
| Revenue Subtotal | $288,497,950 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $363,461 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$95,708 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $267,753 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $288,765,703 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $250,204,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $250,204,000 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $363,461 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$97,020 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $266,441 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $250,470,441 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | FIN 48 UNCERTAINTY IN TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, CONSUMER REPORTS [CR] IS EXEMPT FROM TAXES ON INCOME, EXCEPT FOR UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED MAY 31, 2022 AND 2021, PROVISIONS FOR INCOME TAXES WERE $1,181,000 AND $1,362,000, RESPECTIVELY. IN ACCORDANCE WITH ASC TOPIC 740, INCOME TAXES, CR EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ALL ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, CR BELIEVES THAT THERE ARE NO UNRECOGNIZED BENEFITS OR APPLICABLE INTEREST AND PENALTIES THAT SHOULD BE RECORDED. CR'S TAX RETURNS FOR THE FISCAL YEARS ENDED MAY 31, 2019, 2020 AND 2021 ARE SUBJECT TO EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PENSION RELATED CHARGES 3,267,740. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -306,244. UNREALIZED GAIN ON INTEREST RATE SWAP 2,298,943. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES -96,643. OTHER ROUNDING 935. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES -96,643. OTHER ROUNDING -377. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICES | PUBLICATION INFO. | $973,459 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | PUBLICATION INFO. | $1,066,284 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $2,039,743 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,039,743 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| PART I, LINE 3, COLUMN (F) | THE ACCRUAL METHOD OF ACCOUNTING WAS USED IN PART I, LINE 3, COLUMN (F). |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| GIFT STRATEGIES LLC | ||||||||
| 1539 FALL RIVER AVE SUITE 3 | SEEKONK | MA | 02771 | PLANNED GIVING AND BEQUEST PROGRAM DEVELOPMENT AND LEADERSHI | 0 | $0 | $39,250 | -$39,250 |
| FREEWILL CO | ||||||||
| PO BOX 501051 | INDIANAPOLIS | IN | 46250 | PLANNED GIVING SOFTWARE SUBSCRIPTION | 0 | $0 | $37,125 | -$37,125 |
| PARISE MARKETING GROUP INC | ||||||||
| 2487 ROUTE 55 SUITE E | HOPEWELL JUNCTION | NY | 12533 | STRATEGIC AND CREATIVE CONSULTING ON DIRECT MAIL FUNDRAISING | 0 | $0 | $50,682 | -$50,682 |
| EIDOLON COMMUNICATIONS | ||||||||
| 15 MAIDEN LN STE 1401 | NEW YORK | NY | 100385113 | STRATEGIC AND CREATIVE CONSULTING ON DIRECT MAIL FUNDRAISING | 0 | $0 | $22,000 | -$22,000 |
| TOM GAFFNY CONSULTING | ||||||||
| 71 CLIFF ROAD | WELLESLEY | MA | 02481 | STRATEGIC AND CREATIVE CONSULTING ON DIRECT MAIL FUNDRAISING | 0 | $0 | $7,250 | -$7,250 |
| NEAL P MYERBERG | ||||||||
| 179 SHORE ROAD | OLD GREENWICH | CT | 06870 | PLANNED GIVING PROGRAM CONSULTANT | 0 | $0 | $7,350 | -$7,350 |
| ADELE LINARDUCCI DESIGN | ||||||||
| 6 LAUREL HILL ROAD | RIDGEFIELD | CT | 06877 | STRATEGIC AND CREATIVE CONSULTING ON DIRECT MAIL FUNDRAISING | 0 | $0 | $17,075 | -$17,075 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $180,732 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$180,732 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| DUKE UNIVERSITY | |||||||||
| 324 BLACKWELL ST | DURHAM | NC | 22701 | 560532129 | 501(C)(3) | $80,000 | $0 | ARCHIVES PROJECT | |
| THE NEW SCHOOL | |||||||||
| 66 WEST 12TH STREET | NEW YORK | NY | 10011 | 133297197 | 501(C)(3) | $50,000 | $0 | PRIVACY INTITIVE RESEARCH | |
| UNIVERSITY OF WASHINGTON | |||||||||
| PAUL ALLEN CENTER ROOM 101 BOX | SEATTLE | WA | 98195 | 916001537 | 511(A)(2)(B) | $50,000 | $0 | PRIVACY INTITIVE RESEARCH | 352350 |
| NEW YORK UNIVERSITY | |||||||||
| 10 ASTOR PLACE ROOM 732-A | NEW YORK | NY | 10003 | 135562308 | 501(C)(3) | $50,000 | $0 | PRIVACY INTITIVE RESEARCH | |
| TECHNOLOGY ALLIANCE GROUP NW WASHINGTON | |||||||||
| 104 W MAGNOLIA ST 2513 | BELLINGHAM | WA | 98225 | 852170683 | 501(C)(3) | $6,000 | $0 | BROADBAND COMMUNITY SUPPORT | |
| DELTA INTERFAITH | |||||||||
| 106 INGRAM STREET | LAKE PROVIDENCE | LA | 71254 | 843565409 | 501(C)(3) | $6,000 | $0 | BROADBAND COMMUNITY SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | CRITERIA FOR SELECTING PROJECTS FOR FUNDING | FormAndLineReferenceDesc |
| Explanation | THE CRITERIA FOR SELECTING PROJECTS FOR FUNDING INCLUDES THE FOLLOWING: -THE PROJECTS ARE CONSISTENT WITH CR'S MISSION TO PROVIDE INFORMATION AND ADVICE TO CONSUMERS ON GOODS, SERVICES, HEALTH AND PERSONAL FINANCE; AND TO INITIATE AND COOPERATE WITH INDIVIDUAL AND GROUP EFFORTS TO MAINTAIN AND ENHANCE THE QUALITY OF LIFE FOR CONSUMERS. -THE PROJECTS ARE HIGH IMPACT PROJECTS THAT PROVIDE A SIGNIFICANT RETURN FOR THE AMOUNT OF MONEY INVESTED. THEY ARE RESULT-ORIENTED, AND HAVE TANGIBLE GOALS AND OBJECTIVES. -IF POSSIBLE, THE PROJECTS ARE REPLICABLE, AND PROVIDE A MODEL FOR ORGANIZING AND ADVOCACY ON OTHER CONSUMER AND PUBLIC INTEREST ISSUES, OR IN OTHER LOCATIONS. -THE PROJECTS MUST MAKE SENSE IN THE CONTEXT OF THE NEEDS AND SUSTAINABILITY OPPORTUNITIES OF THE OVERALL CONSUMER MOVEMENT. -BECAUSE OUR FUNDS ARE LIMITED, OUR OPERATING STRATEGY IS TO IDENTIFY PROSPECTIVE GRANTEES AND INVITE THEM TO APPLY. MOST GRANTS ARE AWARDED TO PRE-SELECTED ORGANIZATIONS. MONITORING GRANT FUNDS GRANTEES ARE REQUIRED TO SUBMIT PROGRAM AND FINANCIAL REPORTS AT THE CONCLUSION OF THE PROJECT, INCLUDING A LIST OF GRANT-RELATED EXPENDITURES, AND A SUMMARY OF DELIVERABLES AND PROJECT RESULTS. THE TIMING OF THE REPORTS IS DETERMINED ACCORDING TO A SCHEDULE CONTAINED IN AN EXECUTED AGREEMENT BETWEEN CR AND THE GRANTEE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARTA L TELLADO | ||||||||||||||
| PRESIDENT & CEO | $722,865 | $0 | $68,550 | $0 | $28,251 | $0 | $29,000 | $0 | $2,964 | $0 | $851,630 | $0 | $0 | $0 |
| LEONORA WIENER | ||||||||||||||
| SR. VP & COO | $482,163 | $0 | $25,413 | $0 | $25,044 | $0 | $29,000 | $0 | $13,186 | $0 | $574,806 | $0 | $0 | $0 |
| ERIC WAYNE | ||||||||||||||
| SR. VP & CFO | $398,747 | $0 | $30,000 | $0 | $15,449 | $0 | $29,000 | $0 | $41,860 | $0 | $515,056 | $0 | $0 | $0 |
| JASON FOX | ||||||||||||||
| VP, CHIEF DIGITAL OFFICER | $398,034 | $0 | $20,000 | $0 | $15,750 | $0 | $28,900 | $0 | $39,110 | $0 | $501,794 | $0 | $0 | $0 |
| GWENDOLYN BOUNDS | ||||||||||||||
| VP, CHIEF CONTENT OFFICER | $404,985 | $0 | $25,000 | $0 | $15,645 | $0 | $28,900 | $0 | $2,879 | $0 | $477,409 | $0 | $0 | $0 |
| MICHAEL HUBNER | ||||||||||||||
| VP, GENERAL COUNSEL | $415,297 | $0 | $15,000 | $0 | $16,517 | $0 | $29,000 | $0 | $1,206 | $0 | $477,020 | $0 | $0 | $0 |
| LIAM MCCORMACK | ||||||||||||||
| VP, RESEARCH, TESTING & INSIGHTS | $386,830 | $0 | $17,000 | $0 | $14,521 | $0 | $29,000 | $0 | $28,480 | $0 | $475,831 | $0 | $0 | $0 |
| LAUREN STANICH | ||||||||||||||
| VP, CHIEF MARKETING OFFICER | $381,325 | $0 | $20,000 | $0 | $5,595 | $0 | $28,191 | $0 | $38,136 | $0 | $473,247 | $0 | $0 | $0 |
| ESTHER HAN | ||||||||||||||
| VP, NEW PRODUCTS & SERVICES | $336,945 | $0 | $17,000 | $0 | $19,786 | $0 | $28,158 | $0 | $28,853 | $0 | $430,742 | $0 | $0 | $0 |
| SHAR TAYLOR | ||||||||||||||
| VP, CHIEF SOCIAL IMPACT OFFICER | $332,480 | $0 | $15,000 | $0 | $7,322 | $0 | $25,750 | $0 | $15,386 | $0 | $395,938 | $0 | $0 | $0 |
| PETER DIRENZO | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $304,801 | $0 | $10,500 | $0 | $6,143 | $0 | $29,000 | $0 | $38,881 | $0 | $389,325 | $0 | $0 | $0 |
| HEATH GRAYSON | ||||||||||||||
| CHIEF PRIVACY OFFICER & DEPUTY GC | $304,156 | $0 | $8,000 | $0 | $6,513 | $0 | $29,000 | $0 | $35,420 | $0 | $383,089 | $0 | $0 | $0 |
| RAFAEL PEREZ | ||||||||||||||
| VP, CHIEF DIVERSITY OFFICER | $300,319 | $0 | $15,000 | $0 | $2,702 | $0 | $28,156 | $0 | $34,544 | $0 | $380,721 | $0 | $0 | $0 |
| CORINNE OSBORN | ||||||||||||||
| SR DIR LABOR & EMPL RELS | $286,970 | $0 | $10,000 | $0 | $6,063 | $0 | $28,786 | $0 | $37,317 | $0 | $369,136 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | MARTA TELLADO, LEONORA WEINER, ERIC WAYNE, JASON FOX, GWENDOLYN BOUNDS, MICHAEL HUBNER, LIAM MCCORMACK, LAUREN STANICH, ESTHER HAN, SHAR TAYLOR, PETER DIRENZO, HEATH GRAYSON, RAFEAL PEREZ, AND CORINNE OSBORN RECEIVED DISCRETIONARY BONUS COMPENSATION IN CALENDAR YEAR 2021. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN B (III). | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYIDA MULTI-MOD CIV FAC REV BONDS S 2005 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521294255 | BondIssuerEIN |
| CUSIP | 986083BN2 | CUSIPNum |
| Bond Issued | 2005-12-22 | BondIssuedDt |
| Issue Price | $47,300,000 | IssuePriceAmt |
| Purpose | REFINANCE & RENOS OR HQ FACILITY | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $14,900,000 | RetiredAmt |
| Total Proceeds | $47,300,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $560,305 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $1,066,734 | CreditEnhancementAmt |
| Capital Expenditures | $9,980,132 | CapitalExpendituresAmt |
| Other Spent Proceeds | $35,692,829 | OtherSpentProceedsAmt |
| Substantial Completion | 2007 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.500000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 11 - OTHER SPENT PROCEEDS | $35,045,813 OF BOND PROCEEDS WERE USED TO REFUND BONDS ISSUED IN 1989, 1991, AND 1995. ISSUER FEE, TITLE INSURANCE, STATE BOND ISSUANCE CHARGE, SURVEY AND RECORDING FEES: $647,016 |
| PART III, LINE 9 - ESTABLISHMENT OF WRITTEN PROCEDURES | ON MAY 31, 2015, CR IMPLEMENTED A PROCESS TO MONITOR PRIVATE BUSINESS USE OF THE FACILITY. IN ADDITION, CR CONDUCTED A REVIEW OF THE PAST 5 YEARS OF THE FACILITY USE AND DETERMINED THAT NO PRIVATE USE OF THE FACILITY HAD OCCURRED THAT WAS NOT IN COMPLIANCE WITH THE NEW POLICY. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 19 | ContributionCnt |
| Noncash Contributions Rpt F990 | $92,283 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | THE NUMBER 19 REPRESENTS THE NUMBER OF GIFT ITEMS OR CONTRIBUTORS THAT DONATED OF PUBLICLY TRADED SECURITIES RECEIVED BY CONSUMER REPORTS, INC. IN FISCAL YEAR 2022. EACH GIFT ITEM OR CONTRIBUTOR HAS EITHER ONE OR MULTIPLE SHARES OF PUBLICLY TRADED SECURITIES THAT WERE DONATED TO THE ORGANIZATION. THESE SECURITIES ARE SOLD FOR CASH PROMPTLY AFTER CR TAKES POSSESSION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | CONSUMER INFORMATION: CONSUMER REPORTS PUBLISHES AND DISSEMINATES INFORMATION AND ADVICE TO CONSUMERS REGARDING TOPICS SUCH AS CONSUMER GOODS, SERVICES, HEALTH AND PERSONAL FINANCE IN ORDER TO EFFECT ITS EDUCATIONAL PURPOSE. THE NUMBER OF PAID SUBSCRIBERS FOR EACH AS OF 5/31/22 INCLUDE CONSUMER REPORTS MAGAZINE 2,831,781; CONSUMER REPORTS ON HEALTH 517,945; AND CR ONLINE 2,880,444. CONSUMER REPORTS DOES NOT ACCEPT OUTSIDE ADVERTISING IN ANY OF ITS PUBLICATIONS. IN ADDITION, CONSUMER REPORTS DISSEMINATES CONSUMER INFORMATION THROUGH OTHER PRINT, RADIO, TELEVISION, ELECTRONIC PUBLISHING AND INTERACTIVE MEDIA. PRODUCT INFORMATION: CONSUMER REPORTS CONDUCTS INDEPENDENT AND IMPARTIAL TESTS AND ANALYSES ON A WIDE RANGE OF CONSUMER PRODUCTS AND SERVICES, SUCH AS ELECTRONICS, APPLIANCES, HOUSEHOLD PRODUCTS, INSURANCE, RECREATIONAL GOODS, AND CARS. THE TESTS AND SURVEYS EVALUATE HOW THE PRODUCTS AND SERVICES PERFORM AND EDUCATE CONSUMERS ON THE EXTENT TO WHICH THEY ARE CONVENIENT, SAFE, AND ECONOMICAL. DURING THE FISCAL YEAR ENDED 5/31/22, CONSUMER REPORTS CONDUCTED TESTS AND EVALUATIONS ON MORE THAN 2,100 MODELS OF VARIOUS CONSUMER PRODUCTS, MAKING USE OF ABOUT 60 LABORATORIES AND ITS AUTO TRACK. THE INFORMATION GATHERED AS RESULT OF THESE TESTS IS DISSEMINATED TO THE GENERAL PUBLIC AS DESCRIBED ABOVE. |
| FORM 990, PART III, LINE 4B | EDUCATION AND ADVOCACY PROGRAMS: CONSUMER REPORTS IS DEDICATED TO IMPROVING THE LIVES OF CONSUMERS AND CREATING A FAIR AND JUST MARKETPLACE FOR ALL OF US. WE ARE AN INDEPENDENT, NONPROFIT ORGANIZATION WITH 6 MILLION MEMBERS ACROSS THE U.S. CR SEEKS TO INFORM AND EMPOWER CONSUMERS TO ESTABLISH A NEW ERA OF CONSUMER RIGHTS. IN THE 86 YEARS SINCE CR WAS FOUNDED, WE HAVE BUILT A LEGACY OF TRUST AMONG CONSUMERS BY CONDUCTING EXPERT RIGOROUS SCIENCE-BASED TESTING OF PRODUCTS AND SERVICES, INCENTIVIZING CORPORATIONS TO PRIORITIZE SAFETY AND TRANSPARENCY, AND WORKING WITH POLICYMAKERS TO ENSHRINE THE RIGHTS AND INTERESTS OF CONSUMERS IN LAWS AND REGULATIONS. WE PROVIDE TRUSTED INFORMATION THROUGH TESTING, RATINGS, AND REVIEWS; SURVEYS, REPORTS AND ANALYSES; AND INVESTIGATIVE AND SERVICE JOURNALISM - ALL OF WHICH IS DISSEMINATED THROUGH MULTIPLE DIGITAL AND PRINT PLATFORMS THAT REACH MORE THAN 15 MILLION PEOPLE EACH MONTH. THE PUBLIC CAN ACCESS SUBSTANTIAL FREE CONSUMER EDUCATION INFORMATION AS A PUBLIC SERVICE THROUGH CONSUMERREPORTS.ORG, CR SOCIAL MEDIA CHANNELS, WEBINARS, PARTNERSHIPS WITH 170 ENGLISH AND SPANISH LOCAL TV STATIONS, AND MEDIA COVERAGE. THESE COMBINED EFFORTS LEVERAGE CONSUMER DEMAND TO SHAPE A PRO-CONSUMER MARKETPLACE, AND WE ENGAGE DIRECTLY WITH INDUSTRY TO SET STANDARDS AND PROMOTE SAFETY, DIGITAL RIGHTS, FINANCIAL FAIRNESS AND SUSTAINABILITY PRINCIPLES IN THE DESIGN AND DELIVERY OF PRODUCTS AND SERVICES. CONSUMER REPORTS' LONGSTANDING COMMITMENT TO EDUCATING CONSUMERS AND ADVOCATING FOR LAWS, POLICIES AND PRACTICES THAT BENEFIT CONSUMERS IS EXEMPLIFIED BY OUR FY 21 (JUNE 1, 2021 THROUGH MAY 31, 2022) ACCOMPLISHMENTS, SOME OF WHICH INCLUDE: SAFETY: - PRESIDENT SIGNS LANDMARK LAW TO BAN DANGEROUS INFANT SLEEP PRODUCTS PRESIDENT BIDEN SIGNED AN INFANT SAFETY LAW CHAMPIONED BY CONSUMER REPORTS, DOCTORS, SAFETY EXPERTS, AND GRIEVING FAMILIES. THE LAW IS CALLED THE SAFE SLEEP FOR BABIES ACT. IT BANS TWO DANGEROUS INFANT SLEEP PRODUCTS: INCLINED SLEEPERS AND CRIB BUMPER PADS, BOTH OF WHICH ARE UNSAFE FOR INFANT SLEEP AND HAVE BEEN LINKED WITH CLOSE TO 200 REPORTED CHILD DEATHS. THE LAW WAS PROMPTED IN LARGE PART BY A CR INVESTIGATION THAT REVEALED DOZENS OF DEATHS TIED TO PRODUCTS SUCH AS THE FISHER-PRICE ROCK 'N PLAY SLEEPER, WHICH WERE NOT COVERED BY FEDERAL SAFETY STANDARDS. - MAJOR FAST-FOOD CHAINS ANNOUNCE STEPS TO REMOVE PFAS CHEMICALS FROM FOOD PACKAGING, FOLLOWING CR INVESTIGATION THREE NATIONAL FAST-FOOD RESTAURANT CHAINS-BURGER KING, CHICK-FIL-A, AND NATHAN'S FAMOUS PUBLICLY ANNOUNCED THEY WOULD LIMIT DANGEROUS PFAS CHEMICALS IN THEIR FOOD PACKAGING, ONCE THEY LEARNED OF CR'S INVESTIGATION THAT REVEALED PFAS IN WRAPPERS, CUPS, BOWLS, AND OTHER CONTAINERS FROM RESTAURANTS AND GROCERY STORES. ELEVEN STATES HAVE ENACTED LAWS THAT BAN THE INTENTIONAL USE OF PFAS IN FOOD PACKAGING, AND CR IS URGING CONGRESS TO APPROVE A NATIONAL BAN. IN RECENT DECADES, PFAS EXPOSURE HAS BEEN LINKED TO A GROWING LIST OF PROBLEMS, INCLUDING IMMUNE SYSTEM SUPPRESSION, LOWER BIRTH WEIGHT, AND INCREASED RISK FOR SOME CANCERS. CR'S WORK ON THIS CLASS OF CHEMICALS WON A FAST COMPANY 2022 WORLD CHANGING IDEAS AWARD FOR OUR YEAR-LONG SERIES WITH THE GUARDIAN TO EXPOSE THE WIDESPREAD CONTAMINATION OF PFAS IN TAP WATER. - ADVOCATING FOR SAFER CARS AND ROADS CR INTRODUCED NEW RATINGS AND EVALUATIONS TO INCENTIVIZE AUTOMAKERS TO IMPROVE THEIR IN-CAR SYSTEMS FOR DRIVER ASSISTANCE AND DRIVER MONITORING. FOR THE FIRST TIME, CR IS AWARDING RATING POINTS TO VEHICLES WITH AUTOMATION SYSTEMS THAT ENCOURAGE SAFE DRIVING, AND WE WILL PENALIZE THOSE LACKING SAFEGUARDS STARTING WITH THE 2024 MODEL YEAR. CR PRODUCED AN IN-DEPTH RESEARCH REPORT CALLED "UNDERSTANDING THE CURRENT STATE OF VEHICLE AUTOMATION" FOR INDUSTRY AND GOVERNMENT OFFICIALS. WE CREATED THE REPORT AFTER THE NATIONAL HIGHWAY TRANSPORTATION SAFETY ADMINISTRATION ORDERED AUTOMAKERS TO REPORT CRASHES INVOLVING VEHICLES THAT COME EQUIPPED WITH A CERTAIN LEVEL OF ADVANCED DRIVER ASSISTANCE. OUR REPORT PROVIDES KEY DATA AND GUIDANCE ABOUT ACTIVE DRIVER-ASSISTANCE SYSTEMS, INCLUDING A VEHICLE LIST THAT SPECIFIES THE AVAILABILITY OF SYSTEMS BY MANUFACTURERS, MAKES, AND MODELS FOR THE CURRENT YEAR. CONGRESS PASSED A BIPARTISAN INFRASTRUCTURE LAW THAT CONTAINS AUTO SAFETY REFORMS ENDORSED BY CR. THE LAW REQUIRES ALL NEW CARS TO COME STANDARD WITH EFFECTIVE, PASSIVE TECHNOLOGY TO PREVENT DRUNK AND IMPAIRED DRIVING, WHICH THE INSURANCE INSTITUTE FOR HIGHWAY SAFETY ESTIMATES COULD SAVE MORE THAN 9,000 LIVES PER YEAR-PREVENTING FULLY ONE-QUARTER OF ALL ROAD FATALITIES. THE LAW ALSO INCLUDES PROVISIONS TO IMPROVE AUTO SAFETY RECALLS AND SAFETY REPORTING BY MANUFACTURERS, AND REQUIRES CARS TO COME STANDARD WITH AUTOMATIC SHUTOFF SYSTEMS TO PREVENT CARBON MONOXIDE POISONING. |
| FORM 990, PART III, LINE 4B (CONTINUED) | - CR TESTING LEADS TO FOOD RECALL FOR THE FIRST TIME, CR'S TESTING PROMPTED A RECALL OF DANGEROUS FOOD. WE DETECTED A POTENTIALLY DEADLY CONTAMINANT IN ONE OF OUR SAMPLES OF KROGER-BRANDED GROUND BEEF SOLD AT A FRED MEYER SUPERMARKET IN SEATTLE. WE IMMEDIATELY ALERTED THE U.S. DEPARTMENT OF AGRICULTURE'S FOOD SAFETY AND INSPECTION SERVICE. THE AGENCY PROMPTLY INVESTIGATED THE PLANT WHERE THE MEAT WAS PROCESSED, RESULTING IN A RECALL BY THE DISTRIBUTOR OF 28,000 POUNDS OF GROUND BEEF SHIPPED FROM THE PLANT TO OTHER NATIONAL STORES IN ADDITION TO KROGER'S, LIKE WALMART AND ALBERTSONS. CONSUMERS CAN NOW GET TEXT MESSAGES ABOUT FOOD RECALLS AND FOODBORNE ILLNESSES BY SIGNING UP FOR A FREE SERVICE CALLED FOOD SAFETY ALERT. SUSTAINABILITY: - ADVANCING CLEAN CAR RULES TO REDUCE EMISSIONS, SAVE CONSUMERS MONEY THE FEDERAL GOVERNMENT APPROVED RULES TO LOWER THE EMISSIONS AND IMPROVE THE FUEL ECONOMY OF NEW CARS AND LIGHT-DUTY TRUCKS FOR MODEL YEARS 2023 TO 2026. CR'S ADVOCATES TESTIFIED BEFORE THE ENVIRONMENTAL PROTECTION AGENCY AND THE DEPARTMENT OF TRANSPORTATION TO EXPLAIN HOW STRINGENT RULES WOULD HAVE A POSITIVE IMPACT ON PUBLIC HEALTH AND THE ENVIRONMENT, WHILE HELPING CAR BUYERS SAVE THOUSANDS OF DOLLARS OVER THE LIFE OF VEHICLES THAT CAN GO FURTHER ON A GALLON OF GAS OR NO GAS AT ALL. CR ALSO ORGANIZED DOZENS OF CONSUMERS TO SPEAK AT THESE HEARINGS. WHILE SOME OF THE GOVERNMENT'S INITIAL PROPOSALS WERE DEEMED TO BE RELATIVELY WEAK BY CR AND OTHER GROUPS, THE REGULATORS ULTIMATELY CHOSE TO PUT STRONGER STANDARDS IN PLACE, AND MANY OF CR'S RECOMMENDATIONS WERE INCLUDED IN THE FINAL RULES. AT THE STATE LEVEL, CR WORKED WITH OFFICIALS AND GRASSROOTS ORGANIZATIONS IN NEVADA TO ADVANCE CLEAN CAR RULES TO CURB TRANSPORTATION POLLUTION AND PROVIDE NEVADANS WITH MORE CHOICES FOR ELECTRIC AND PLUG-IN HYBRID VEHICLES. CR SURVEYED NEVADA CONSUMERS AND FOUND WIDESPREAD SUPPORT FOR THESE INITIATIVES, WHICH WE SHARED IN TESTIMONY AND FILINGS. NEVADA BECAME THE NATION'S 16TH CLEAN CAR STATE IN OCTOBER 2021 WHEN A COMMISSION APPROVED THE CR-ENDORSED PROGRAM. - HELPING CONSUMERS NAVIGATE HIGH GAS PRICES AND CLEAN CAR OPTIONS AS THE PRICE OF GASOLINE HIT RECORD HIGHS IN FY22, CR PROVIDED CONSUMERS WITH FREE INFORMATION ABOUT HOW TO CONSERVE FUEL AND FIND THE LOWEST PRICES. WE ADVISED CAR BUYERS ON HOW ELECTRIC VEHICLES OFFER CERTAIN ADVANTAGES OVER GAS-POWERED VEHICLES WHEN IT COMES TO FUEL COSTS, REPAIRS AND MAINTENANCE, AND WE REPORTED ON OTHER OPTIONS LIKE PLUG-IN HYBRIDS. PLUS, WE LAUNCHED A FREE ONLINE TOOL CALLED ELECTRIC VEHICLE INCENTIVE FINDER WHERE PEOPLE CAN SEE WHAT TAX INCENTIVES AND DISCOUNTS ARE AVAILABLE FOR PEOPLE WHO BUY ELECTRIC VEHICLES IN THEIR ZIP CODE. - SHINING A SPOTLIGHT ON THE GROWING IMPACT OF AMAZON WAREHOUSES ON RESIDENTIAL NEIGHBORHOODS CR AND THE GUARDIAN INVESTIGATED AMAZON AND THE IMPACT OF ITS GROWING NUMBER OF WAREHOUSES ON RESIDENTIAL NEIGHBORHOODS. PEOPLE WHO LIVE NEAR THE NEW WAREHOUSES TOLD REPORTERS THAT THEY FACE INCREASED AIR POLLUTION FROM TRUCKS AND VANS, MORE DANGEROUS STREETS FOR KIDS WALKING OR BIKING, CLOGGED TRAFFIC, AND NEAR-CONSTANT NOISE. WE FOUND THAT AMAZON OPENS MOST OF ITS WAREHOUSES IN NEIGHBORHOODS WITH A DISPROPORTIONATELY HIGH NUMBER OF PEOPLE OF COLOR AND LOW-INCOME RESIDENTS: 69 PERCENT OF AMAZON WAREHOUSES HAVE A GREATER SHARE OF PEOPLE OF COLOR LIVING WITHIN A MILE RADIUS THAN THE TYPICAL NEIGHBORHOOD IN THE SAME METRO AREA, AND 57 PERCENT OF AMAZON WAREHOUSES ARE IN NEIGHBORHOODS WITH A GREATER SHARE OF LOW-INCOME RESIDENTS THAN TYPICAL FOR THE SAME METRO AREA. CR SHARED OUR FINDINGS WITH THE COMPANY AND OTHER STAKEHOLDERS. WE ARE URGING AMAZON TO MEASURE AND MITIGATE THE POLLUTION, TRAFFIC, AND OTHER IMPACTS, COMMIT TO ELECTRIFYING ITS HEAVY-DUTY FLEET OF VEHICLES, AND DIRECTLY ENGAGE WITH COMMUNITIES BEFORE MOVING INTO THEIR NEIGHBORHOODS. FINANCIAL FAIRNESS: - EXPOSING PROBLEMS WITH CREDIT APPS CR TOOK A CLOSE LOOK AT FIVE POPULAR APPS THAT PROVIDE CREDIT SCORE MONITORING-CREDIT KARMA, CREDIT SESAME, EXPERIAN CREDIT REPORT, TRANSUNION SCORE & REPORT, AND MYFICO. WE FOUND THAT THEY HAD SIGNIFICANT DRAWBACKS AND ONLY A FEW UPSIDES. ALL OF THE APPS COLLECTED AND SHARED MORE DATA ABOUT CONSUMERS THAN THEY NEED TO PERFORM THEIR CORE FUNCTIONS, OFTEN SO THEY CAN UPSELL OTHER PRODUCTS AND SERVICES. MOST OF THESE APPS DID NOT PROVIDE ACCESS TO THE TYPE OF CREDIT SCORES THAT CAN MEANINGFULLY HELP A CONSUMER. GIVEN THE HUGE IMPACT THAT CREDIT HAS ON A PERSON'S FINANCIAL POWER, CR CONTINUES TO CALL ON CREDIT BUREAUS TO PROVIDE FREE AND FULL ACCESS TO CREDIT REPORTS, AS WELL AS THE RELEVANT CREDIT SCORES THAT COMPANIES USE TO MAKE MAJOR DECISIONS ABOUT CONSUMERS. - FIXING A BROKEN SYSTEM FOR STUDENT LOAN FORGIVENESS AFTER THOUSANDS OF COMPLAINTS BY CONSUMERS AND GROUPS LIKE CR, THE U.S. DEPARTMENT OF EDUCATION FINALLY TOOK STEPS TO OVERHAUL ITS BROKEN PUBLIC SERVICE LOAN FORGIVENESS PROGRAM. CREATED BY CONGRESS IN 2007, THE PROGRAM PROMISED STUDENT LOAN FORGIVENESS FOR PEOPLE WHO DEVOTED A DECADE OF THEIR LIVES TO PUBLIC SERVICE. BUT 98 PERCENT OF THE APPLICANTS WERE REJECTED. THE SYSTEM WAS POORLY MANAGED BY LOAN SERVICERS. IT LEFT HUNDREDS OF THOUSANDS OF TEACHERS, MILITARY SERVICE MEMBERS, NURSES, AND OTHER PUBLIC SERVANTS WITH HUGE SURPRISE DEBTS. PRESSURE BY CR'S MEMBERS AND OTHERS LED TO CHANGES IN OCTOBER 2021, CLEARING A PATH FOR SOME 550,000 AFFECTED PEOPLE TO MOVE TOWARD THE DEBT CANCELLATION THAT WAS OFFERED TO THEM. - UNCOVERING OVERPRICED AUTO LOANS OVER THE LAST DECADE, THE MONTHLY COST OF AUTO LOANS HAS INCREASED MORE THAN 25 PERCENT, AND AUTO LOAN DEBT HELD BY AMERICANS HAS SURPASSED $1.4 TRILLION. CR ANALYZED 858,000 AUTO LOANS FROM MAJOR LENDERS THAT WERE BUNDLED INTO BONDS SOLD TO INVESTORS. OUR INVESTIGATION FOUND THAT CONSUMERS WHO ARE FINANCIALLY SIMILAR AND HAVE COMPARABLE CREDIT SCORES CAN BE CHARGED WILDLY DIFFERENT INTEREST RATES. EVEN PEOPLE WITH HIGH CREDIT SCORES CAN BE CHARGED EXORBITANTLY, SUGGESTING THAT DEALERS AND LENDERS MAY BE SETTING INTEREST RATES NOT ONLY ON RISK BUT ALSO ON WHAT THEY THINK THEY CAN GET AWAY WITH. |
| FORM 990, PART III, LINE 4B (CONTINUED) | DIGITAL RIGHTS: - WORKING FOR BETTER BROADBAND FOR ALL CONSUMERS CR WORKED WITH MEMBERS OF CONGRESS TO INCLUDE NEARLY $60 BILLION IN FUNDS TO IMPROVE BROADBAND ACCESS AND AFFORDABILITY FOR CONSUMERS IN THE BIPARTISAN INFRASTRUCTURE LAW. WE SUCCEEDED IN GETTING A PROVISION IN THE LAW TO REQUIRE INTERNET SERVICE PROVIDERS TO PROVIDE A BROADBAND "NUTRITION" LABEL FOR CONSUMERS. THE FCC IS NOW DEVELOPING THIS LABEL, WHICH WILL TELL PEOPLE THE PRICE OF SERVICE, ADDITIONAL FEES, INTERNET SPEEDS, THE DATES WHEN DISCOUNTS WILL EXPIRE, AND OTHER IMPORTANT INFORMATION THAT MIGHT OTHERWISE BE HIDDEN IN THE FINE PRINT. IN FY22 CR LAUNCHED A NATIONAL INITIATIVE TO COLLECT AND ANALYZE BROADBAND BILLS FROM CONSUMERS ACROSS THE COUNTRY. OUR FINDINGS FROM MORE THAN 20,000 BILLS WILL BE REPORTED IN FY23. - CHAMPIONING STATE PRIVACY LAWS CONNECTICUT PASSED A COMPREHENSIVE PRIVACY LAW, WHICH GRANTS CONSUMERS THE RIGHT TO ACCESS, DELETE, AND STOP THE SALE OF THEIR PERSONAL INFORMATION. CR WORKED CLOSELY WITH CONSUMERS AND STATE LAWMAKERS TO IMPROVE AND ADVANCE THE LAW. IT INCLUDES KEY PROVISIONS THAT ARE MISSING FROM SOME OTHER STATE PRIVACY LAWS, SUCH AS A REQUIREMENT FOR COMPANIES TO HONOR BROWSER PRIVACY SIGNALS, SO THAT PEOPLE CAN EASILY OPT OUT OF DATA SALES AT ALL COMPANIES IN A SINGLE STEP. CALIFORNIA, WHICH IS HOME TO THE NATION'S STRONGEST DATA PRIVACY LAW, APPROVED TWO NEW LAWS ENDORSED BY CR. THESE REFORMS ARE AIMED AT DIRECT-TO-CONSUMER GENETIC TESTING COMPANIES LIKE ANCESTRY AND 23ANDME. THE LAWS WILL FORBID THE USE OF A PERSON'S GENETIC DATA WITHOUT THEIR CONSENT, AND REQUIRE THAT SUCH DATA IS STORED SECURELY. - LAUNCHING A MAJOR CYBERSECURITY INITIATIVE CYBERCRIMES COST PEOPLE IN THE U.S. MORE THAN $6.9 BILLION IN 2021, ACCORDING TO THE FBI. PHISHING SCAMS, PERSONAL DATA BREACHES, AND RANSOMWARE ARE JUST A FEW EXAMPLES OF THE CYBER ATTACKS THAT THREATEN PEOPLE'S SECURITY, PRIVACY, AND MONEY. CYBER CRIMINALS CAN DISRUPT PHONE AND COMPUTER NETWORKS, CAUSE ELECTRICITY BLACKOUTS, AND TAKE CONTROL OF INFORMATION SYSTEMS. TO HELP CONSUMERS PROTECT THEMSELVES AND THEIR COMMUNITIES, CR LAUNCHED A MAJOR CYBERSECURITY INITIATIVE IN FY22. WE ARE SCALING UP OUR PRODUCT RESEARCH AND TESTING, INVESTIGATIVE JOURNALISM, AND ADVOCACY TO IDENTIFY DANGERS AND ADVANCE SOLUTIONS. THIS EFFORT INCLUDES FREE APPS TO HELP PEOPLE MANAGE THEIR PERSONAL CYBERSECURITY, MORE TESTING OF PRODUCTS LIKE ANTIVIRUS SOFTWARE AND VIRTUAL PRIVATE NETWORKS, AND THE DEVELOPMENT OF A NUTRITION LABEL FOR DIGITAL DEVICES THAT EXPLAINS THEIR DATA COLLECTION AND SECURITY PRACTICES. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS, STOCKHOLDERS CONSUMER REPORTS IS A NEW YORK STATE NOT-FOR-PROFIT MEMBERSHIP CORPORATION. THE MEMBERS FOR NEW YORK NOT-FOR-PROFIT LAW PURPOSES ARE ANY INDIVIDUAL WITH A PAID MEMBERSHIP TO THE CONSUMER REPORTS MEMBERSHIP PROGRAM. MEMBERS CAN ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF MEMBERS; ADOPT, AMEND OR REPEAL THE BY-LAWS OF THE CORPORATION; CALL A SPECIAL MEETING OF THE MEMBERS UNDER CERTAIN CIRCUMSTANCES; AND EXERCISE SUCH OTHER POWERS AS ARE PROVIDED BY LAW. |
| FORM 990, PART VI, SECTION A, LINE 7A | SEE EXPLANATION ON LINE 6 ABOVE. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS THE 990 IS PREPARED UTILIZING THE ASSISTANCE OF AN INDEPENDENT ACCOUNTING FIRM, KPMG. THE RELATED SERVICES FROM KPMG ARE APPROVED BY THE AUDIT COMMITTEE AS PART OF THE AUDIT APPROVAL PROCESS. AFTER THE 990 IS PREPARED BY CR FINANCE DEPARTMENT WITH COORDINATION WITH KPMG, IT IS REVIEWED BY THE CONTROLLER AND CFO BEFORE IT IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. A COPY OF THE 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST COMPLIANCE PROCESS CONSUMER REPORTS' BOARD OF DIRECTORS AND STAFF MEMBERS ARE REQUIRED TO FILL OUT AND SIGN A DISCLOSURE OF INTEREST STATEMENT AND ATTESTATION OF COMPLIANCE EACH YEAR. BOARD MEMBERS' FORMS ARE REVIEWED BY A COMMITTEE OF THE BOARD; STAFF MEMBERS' FORMS ARE REVIEWED BY AN OUTSIDE INDEPENDENT REVIEWER. ANY CONFLICTS WILL BE ADDRESSED WITH THE APPLICABLE BOARD OR STAFF MEMBER, WITH UNRESOLVED CONFLICTS ADDRESSED BY THE APPROPRIATE CONFLICT OF INTEREST COMMITTEE. REMEDIES FOR CONFLICTS OF INTEREST INCLUDE RECUSAL FROM PARTICIPATION IN THE MATTER GIVING RISE TO THE CONFLICT, DISPOSING OF AN INVESTMENT, TERMINATION OF EMPLOYMENT OR RESIGNATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION PROVIDED TO CR'S PRESIDENT AND SENIOR EXECUTIVE STAFF TO ENSURE THAT THEY ARE CONSISTENT WITH CR'S MISSION, ARE DESIGNED TO ATTRACT AND RETAIN THE HIGH LEVELS OF LEADERSHIP TALENT NEEDED TO ACHIEVE CR'S OPERATING PLANS, AND ARE COMPLIANT WITH LAW. TO THAT END, THE EXECUTIVE COMMITTEE (1) RECOMMENDS TO THE BOARD OF DIRECTORS COMPENSATION PLANS AND PAY LEVELS FOR THE PRESIDENT, TAKING INTO ACCOUNT PEER GROUP PRACTICES AND ANY SPECIAL CONSIDERATIONS, AS WELL AS EMPLOYMENT AGREEMENTS; (2) REVIEWS THE COMPENSATION OF THE PRESIDENT AND SENIOR EXECUTIVE STAFF TO ENSURE COMPLIANCE WITH THE IRS INTERMEDIATE SANCTION REQUIREMENTS; AND (3) REVIEWS AND APPROVES (A) FOR EXECUTIVES REPORTING DIRECTLY TO THE PRESIDENT, ANY PROPOSED COMPENSATION INCREASE FOR CURRENT EXECUTIVES AND THE PROPOSED COMPENSATION FOR ANY NEW HIRE AND (B) FOR EXECUTIVES NOT REPORTING DIRECTLY TO THE PRESIDENT, (I) ANY PROPOSED COMPENSATION INCREASE THAT EXCEEDS THE ANNUAL SALARY INCREASE GUIDELINES ESTABLISHED BY PEOPLE AND CULTURE AND (II) THE PROPOSED COMPENSATION FOR ANY NEW EXECUTIVE HIRE THAT EXCEEDS THE MARKET MEDIAN AS REPORTED IN EXECUTIVE COMPENSATION STUDIES CONDUCTED BY A THIRD PARTY EXECUTIVE COMPENSATION CONSULTING FIRM. THE EXECUTIVE COMMITTEE'S RECOMMENDATION ON THE PRESIDENT'S COMPENSATION PLANS AND PAY LEVELS IS VOTED ON BY THE FULL BOARD OF DIRECTORS. DELIBERATIONS AND DECISIONS REGARDING THE FOREGOING COMPENSATION ARRANGEMENTS ARE CONTEMPORANEOUSLY RECORDED IN THE ORGANIZATION'S MINUTES. TO ENSURE COMPLIANCE WITH THE IRS INTERMEDIATE SANCTIONS AS REQUIRED AND MEET THE CONDITIONS FOR THE REBUTTABLE PRESUMPTION UNDER TREASURY REGULATION 53.4958-6, THE COMMITTEE THAT DETERMINES COMPENSATION OF EXECUTIVES ARE COMPOSED OF MEMBERS WHO ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION ARRANGEMENTS. THE FOREGOING PROCESS FOR ESTABLISHING COMPENSATION FOR THE INDICATED PERSONS WAS LAST UNDERTAKEN IN MAY OF 2022. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC AVAILABILITY OF FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS CONSUMER REPORTS' ANNUAL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON ITS WEBSITE, WWW.CONSUMERREPORTS.ORG. OUR GOVERNING DOCUMENTS, FORM 1023, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN INTEREST RATE SWAP 2,298,943. PENSION RELATED CHANGES 3,267,740. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -306,244. ROUNDING -1,009. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST (5) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | ANNUITY | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |