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CONSUMER REPORTS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CONSUMER REPORTS INC (EIN 13-1776434)
Tax period
2023-06-01 to 2024-05-31
Filed
2025-03-14
IRS object ID
202530739349300008
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-14T16:04:09-05:00ReturnTs
Tax Period End2024-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 PARK AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131776434EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CONSUMER REPORTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCONSBusinessNameControlTxt
Phone9143782000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 TRUMAN AVENUEAddressLine1Txt
CityYONKERSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP107031044ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC WAYNEPersonNm
Person TitleSR. VP AND CFOPersonTitleTxt
Phone9143782000PhoneNum
Signature2025-03-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVAN W SEEKAMPPreparerPersonNm
PTINP01907071PTIN
Phone2127589700PhoneNum
Preparation2025-03-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARTA L TELLADOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 TRUMAN AVENUEAddressLine1Txt
CityYONKERSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP107031044ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$308,825,874GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CONSUMERREPORTS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1936FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionWE 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 Body17VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee657TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$10,904,972TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$3,116,862NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$32,905,583PYContributionsGrantsAmt
CY Contributions Grants$32,092,864CYContributionsGrantsAmt
PY Program Service Revenue$213,019,967PYProgramServiceRevenueAmt
CY Program Service Revenue$209,381,249CYProgramServiceRevenueAmt
PY Investment Income$3,239,803PYInvestmentIncomeAmt
CY Investment Income$24,183,632CYInvestmentIncomeAmt
PY Other Revenue$510,602PYOtherRevenueAmt
CY Other Revenue$485,360CYOtherRevenueAmt
PY Total Revenue$249,675,955PYTotalRevenueAmt
CY Total Revenue$266,143,105CYTotalRevenueAmt
PY Grants And Similar Paid$29,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$110,838,046PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$120,002,560CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$205,752PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$154,822CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,793,336CYTotalFundraisingExpenseAmt
PY Other Expenses$142,866,776PYOtherExpensesAmt
CY Other Expenses$144,255,812CYOtherExpensesAmt
PY Total Expenses$253,939,574PYTotalExpensesAmt
CY Total Expenses$264,423,194CYTotalExpensesAmt
PY Revenues Less Expenses-$4,263,619PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,719,911CYRevenuesLessExpensesAmt
Total Assets BOY$462,111,873TotalAssetsBOYAmt
Total Assets EOY$473,542,307TotalAssetsEOYAmt
Total Liabilities BOY$182,171,946TotalLiabilitiesBOYAmt
Total Liabilities EOY$176,473,387TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$279,939,927NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$297,068,920NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWE ARE AN INDEPENDENT, NONPROFIT ORGANIZATION THAT WORKS SIDE BY SIDE WITH CONSUMERS FOR TRUTH, TRANSPARENCY, AND FAIRNESS IN THE MARKETPLACE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$205,802,782ExpenseAmt
Grant$10,000GrantAmt
Revenue$209,381,249RevenueAmt
DescCONSUMER INFORMATION, PRODUCT INFORMATION: SEE SCHEDULE O FORADDITIONAL INFORMATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$16,231,466ExpenseAmt
DescEDUCATION PROGRAMS, HEALTH INFORMATION AND SAFETY: SEESCHEDULE O FOR ADDITIONAL INFORMATION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$222,034,248TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document193IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee657EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCAForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN LOUGHREN CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9143782000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 TRUMAN AVENUEAddressLine1Txt
CityYONKERSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP107031044ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARTA L TELLADO
PRESIDENT & CEO45.000.00Yes (X)Yes (X)$930,195$0$36,022
ELLEN TAUS
CHAIR2.000.00Yes (X)$0$0$0
RUSSELL G NOLES
VICE CHAIR2.000.00Yes (X)$0$0$0
JOAQUIN ALVARADO
DIRECTOR2.000.00Yes (X)$0$0$0
NIKITRA BAILEY
DIRECTOR (THRU 5/31/24)2.000.00Yes (X)$0$0$0
MILLIE CHU BAIRD
DIRECTOR2.000.00Yes (X)$0$0$0
DEBORAH A COWAN
DIRECTOR2.000.00Yes (X)$0$0$0
KATHLEEN ENGEL
DIRECTOR (THRU 7/3/23)2.000.00Yes (X)$0$0$0
STEPHEN P HOOVER
DIRECTOR2.000.00Yes (X)$0$0$0
JOANNE HOVIS
DIRECTOR2.000.00Yes (X)$0$0$0
JAMESON KELLEHER
DIRECTOR2.000.00Yes (X)$0$0$0
KATHERINE MAHER
DIRECTOR2.000.00Yes (X)$0$0$0
WILLIE E MAY
DIRECTOR2.000.00Yes (X)$0$0$0
IVAN ROSALES
DIRECTOR (AS OF 10/18/23)2.000.00Yes (X)$0$0$0
BETSY D SCOLNIK
DIRECTOR (THRU 10/18/23)2.000.00Yes (X)$0$0$0
SONAL SHAH
DIRECTOR2.000.00Yes (X)$0$0$0
CALVIN SIMS
DIRECTOR2.000.00Yes (X)$0$0$0
TAREN STINEBRICKNER-KAUFFMAN
DIRECTOR2.000.00Yes (X)$0$0$0
ASTRID VERMEER
DIRECTOR2.000.00Yes (X)$0$0$0
DAVID WAN
DIRECTOR (AS OF 10/18/23)2.000.00Yes (X)$0$0$0
ERIC WAYNE
SR. VP & CFO45.000.00Yes (X)$482,702$0$76,794
MICHAEL HUBNER
VP, GENERAL COUNSEL45.000.00$483,781$0$35,932Yes (X)
LAUREN STANICH
SVP, CHIEF GROWTH OFFICER45.000.00$478,807$0$73,317Yes (X)
JESSICA FREIREICH
SVP, CHIEF STRATEGY OFFICE45.000.00$434,922$0$73,744Yes (X)
ESTHER HAN
VP CHIEF VENTURES OFFICER45.000.00$404,677$0$60,916Yes (X)
GENEA BELL
VP, CHIEF PEOPLE OFFICER45.000.00$358,936$0$46,021Yes (X)
SHAREE MCKENZIE
VP CHIEF SOCIAL IMPACT OFFICER45.000.00$361,550$0$36,764Yes (X)
HEATH GRAYSON
CHIEF PRIVACY OFFICER & DE45.000.00$341,000$0$64,270Yes (X)
PETER DIRENZO
CHIEF TECHNOLOGY OFFICER45.000.00$339,646$0$73,637Yes (X)
CORINNE OSBORN
SR DIR LABOR & EMPL RELS45.000.00$329,285$0$65,293Yes (X)
BENJAMIN MOSKOWITZ
VP, INNOVATION LAB45.000.00$331,974$0$32,502Yes (X)
JENNIFER SHECTER
VP CHIEF CONTENT OFFICER45.000.00$326,880$0$31,068Yes (X)
LIAM MCCORMACK
VP, RESEARCH, TESTING & IN0.000.00$116,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,720,355TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$706,280TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K448IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GOOGLE INC
1600 AMPHITHEATRE PARKWAYMOUNTAIN VIEWCA94043SEARCH ENGINE MARKETING$15,503,154
META PLATFORMS INC (FACEBOOK)
1601 WILLOW RDMENLO PARKCA94025MARKETING$6,218,412
DIAMOND COMMUNICATIONS
1209 31ST AVENUECOUNCIL BLUFFSIA51501FULFILLMENT SERVICES$4,805,625
QUAD GRAPHICS
N61 W23044 HARRYS WAYSUSSEXWI53089PRINTING$4,731,434
ACXIOM CORPORATION
601 E THIRD STREETLITTLE ROCKAR72201INFORMATION TECHNOLOGY SERVICE$2,936,070
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K109CntrctRcvdGreaterThan100KCnt
Government Grants$569,619GovernmentGrantsAmt
All Other Contributions$31,523,245AllOtherContributionsAmt
Noncash Contributions$89,235NoncashContributionsAmt
Total Contributions$32,092,864TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
ONLINE SUBSCRIP. SALES900099$120,831,080$109,926,108$10,904,972
SUBSCRIP., NEWSSTAND513110$84,318,669$84,318,669
DATA INTELLIGENCE519190$4,170,954$4,170,954
TESTING REVENUE541380$60,546$60,546
FieldValueIRS element (for citing)
Total Program Service Revenue$209,381,249TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,720,804TotalRevenueColumnAmt
Exclusion$3,720,804ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$485,360TotalRevenueColumnAmt
Exclusion$485,360ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$63,145,597SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$42,682,769SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$20,462,828SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,462,828TotalRevenueColumnAmt
Exclusion$20,462,828ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$266,143,105TotalRevenueColumnAmt
Related Or Exempt Func Income$198,476,277RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$10,904,972UnrelatedBusinessRevenueAmt
Exclusion$24,668,992ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,102,911TotalAmt
Program Services$1,849,493ProgramServicesAmt
Management And General$2,253,418ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$86,573,824TotalAmt
Program Services$69,287,470ProgramServicesAmt
Management And General$15,353,233ManagementAndGeneralAmt
Fundraising$1,933,121FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,551,341TotalAmt
Program Services$6,930,784ProgramServicesAmt
Management And General$1,423,453ManagementAndGeneralAmt
Fundraising$197,104FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$14,134,214TotalAmt
Program Services$11,329,953ProgramServicesAmt
Management And General$2,484,675ManagementAndGeneralAmt
Fundraising$319,586FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,640,270TotalAmt
Program Services$5,314,395ProgramServicesAmt
Management And General$1,177,603ManagementAndGeneralAmt
Fundraising$148,272FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$269,700TotalAmt
Management And General$256,341ManagementAndGeneralAmt
Fundraising$13,359FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$428,875TotalAmt
Management And General$428,875ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$154,822TotalAmt
Fundraising$154,822FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$470,642TotalAmt
Management And General$470,642ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,418,570TotalAmt
Program Services$12,931,110ProgramServicesAmt
Management And General$1,467,324ManagementAndGeneralAmt
Fundraising$20,136FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$32,021,204TotalAmt
Program Services$31,572,904ProgramServicesAmt
Management And General$40,930ManagementAndGeneralAmt
Fundraising$407,370FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$528,783TotalAmt
Program Services$443,948ProgramServicesAmt
Management And General$80,846ManagementAndGeneralAmt
Fundraising$3,989FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,989,204TotalAmt
Program Services$6,378,580ProgramServicesAmt
Management And General$1,545,858ManagementAndGeneralAmt
Fundraising$64,766FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,217,503TotalAmt
Program Services$2,486,134ProgramServicesAmt
Management And General$724,799ManagementAndGeneralAmt
Fundraising$6,570FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$906,535TotalAmt
Program Services$787,224ProgramServicesAmt
Management And General$116,398ManagementAndGeneralAmt
Fundraising$2,913FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$299,101TotalAmt
Program Services$238,718ProgramServicesAmt
Management And General$59,725ManagementAndGeneralAmt
Fundraising$658FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$14,595TotalAmt
Management And General$14,595ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,161,403TotalAmt
Program Services$16,676,339ProgramServicesAmt
Management And General$456,317ManagementAndGeneralAmt
Fundraising$28,747FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,432,052TotalAmt
Management And General$1,432,052ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
POSTAGE AND SHIPPING$23,004,120$19,391,435$4,430$3,608,255
PRINTING & PUBLICATION$13,548,071$11,351,989$706$2,195,376
ORDER PROCESSING$11,984,215$10,454,412$28,877$1,500,926
PRODUCT TESTING$4,231,761$4,231,761

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$12,329,478TotalAmt
Program Services$10,367,599ProgramServicesAmt
Management And General$1,774,513ManagementAndGeneralAmt
Fundraising$187,366FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$264,423,194TotalAmt
Program Services$222,034,248ProgramServicesAmt
Management And General$31,595,610ManagementAndGeneralAmt
Fundraising$10,793,336FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,036,601BOYAmt
EOY$826,486EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,391,744BOYAmt
EOY$38,873,223EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,499,378BOYAmt
EOY$1,693,213EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,850,437BOYAmt
EOY$10,858,879EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$4,607,972BOYAmt
EOY$4,509,194EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,323,739BOYAmt
EOY$8,743,111EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$259,514,751LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$211,800,014LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$53,426,063BOYAmt
EOY$47,714,737EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$361,329,959BOYAmt
EOY$352,280,791EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,645,980BOYAmt
EOY$8,042,673EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$462,111,873BOYAmt
EOY$473,542,307EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,580,399BOYAmt
EOY$24,439,716EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$104,736,696BOYAmt
EOY$104,063,249EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,615,000BOYAmt
EOY$28,905,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,239,851BOYAmt
EOY$19,065,422EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$182,171,946BOYAmt
EOY$176,473,387EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$272,554,032BOYAmt
EOY$294,220,679EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,385,895BOYAmt
EOY$2,848,241EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$279,939,927BOYAmt
EOY$297,068,920EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$462,111,873BOYAmt
EOY$473,542,307EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,719,911ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$19,831,116NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$4,422,034OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,958,978CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,061,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,666,041CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,905,583CurrentTaxYearMinus1YearAmt
Current Tax Year$32,092,864CurrentTaxYearAmt
Total$173,685,112TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,958,978CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,061,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,666,041CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,905,583CurrentTaxYearMinus1YearAmt
Current Tax Year$32,092,864CurrentTaxYearAmt
Total$173,685,112TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,872,883SubstantialContributorsTotAmt
Public Support Total170$171,812,229PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,426,959CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,100,633CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,675,234CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,583,021CurrentTaxYearMinus1YearAmt
Current Tax Year$4,206,164CurrentTaxYearAmt
Total$14,992,011TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,287,901CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,771,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,417,919CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,083,323CurrentTaxYearMinus1YearAmt
Current Tax Year$3,117,862CurrentTaxYearAmt
Total$17,678,705TotalAmt
FieldValueIRS element (for citing)
Total Support$206,355,828TotalSupportAmt
Gross Receipts Rltd Activities$1,052,197,993GrossReceiptsRltdActivitiesAmt
Public Support CY1700.83260PublicSupportCY170Pct
Public Support PY1700.81660PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationACCORDING 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

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings MembersYes (1)MailingsMembersInd
Mailings Members$43,189MailingsMembersAmt
Publications Or BroadcastYes (1)PublicationsOrBroadcastInd
Publications Or Broadcast$181,869PublicationsOrBroadcastAmt
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$71,112DirectContactLegislatorsAmt
Rallies DemonstrationsYes (1)RalliesDemonstrationsInd
Rallies Demonstrations$4,464RalliesDemonstrationsAmt
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$300,634TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLINE 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 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

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,935,255OtherCostOrOtherBasisAmt
Book Value$11,935,255BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$75,166,598OtherCostOrOtherBasisAmt
Depreciation$56,690,093DepreciationAmt
Book Value$18,476,505BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$795,261OtherCostOrOtherBasisAmt
Depreciation$795,261DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,344,822OtherCostOrOtherBasisAmt
Depreciation$26,108,465DepreciationAmt
Book Value$2,236,357BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$143,272,815OtherCostOrOtherBasisAmt
Depreciation$128,206,195DepreciationAmt
Book Value$15,066,620BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$47,714,737TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
CHARITABLE GIFT ANNUITY AND CRUT LIABILITY$8,982,410
457(B) LIABILITY$5,606,696
LIFETIME SUBSCRIBER LIABILITY$1,347,000
RIGHT OF USE LIABILITIES$939,000
OTHER LIABILITY$2,190,316
FieldValueIRS element (for citing)
Total Liability$19,065,422TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$281,196,000TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$19,831,116NetUnrealizedGainsInvstAmt
Other Revenue-$4,422,027OtherRevenueAmt
Revenue Not Reported$15,409,089RevenueNotReportedAmt
Revenue Subtotal$265,786,911RevenueSubtotalAmt
Investment Expenses Not Incld$356,194InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$356,194RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$266,143,105TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$264,067,000TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$264,067,000ExpensesSubtotalAmt
Investment Expenses Not Incld2$356,194InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$356,194ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$264,423,194TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:FIN 48 UNCERTAINTY IN TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE CODE, CR IS EXEMPT FROM TAXES ON INCOME, EXCEPT FOR UNRELATED BUSINESS INCOME RELATED TO REFERRAL FEES DESCRIBED IN NOTE 2(A). FOR THE YEARS ENDED MAY 31, 2024 AND 2023, PROVISIONS FOR INCOME TAXES WERE $907 AND $999, 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, 2023, 2022, AND 2021 ARE SUBJECT TO EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:PENSION RELATED CHARGES -5,127,394. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -207,072. UNREALIZED GAIN ON INTEREST RATE SWAP 912,439.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE00PROGRAM SERVICESPUBLICATION INFO.$983,475
NORTH AMERICA00PROGRAM SERVICESPUBLICATION INFO.$686,451
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,669,926SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,669,926TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3, COLUMN (F)FormAndLineReferenceDesc
ExplanationTHE ACCRUAL METHOD OF ACCOUNTING WAS USED IN PART I, LINE 3, COLUMN (F).ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
GIFT STRATEGIES LLC
1539 FALL RIVER AVESEEKONKMA02771PLANNED GIVING & BEQUEST PROG. DEV. AND LEADERSHIP CONS.0$0$24,250-$24,250
FREEWILL CO
PO BOX 501051INDIANAPOLISIN46250PLANNED GIVING SOFTWARE SUBSCRIPTION0$0$61,875-$61,875
PARISE MARKETING GROUP INC
2487 ROUTE 55 SUITE EHOPEWELL JUNCTIONNY12533STRATEGIC AND CREATIVE CONSULTING ON DIRECT MAIL FUNDRAISING0$0$44,697-$44,697
EIDOLON COMMUNICATIONS
15 MAIDEN LN STE 1401NEW YORKNY100385113STRATEGIC AND CREATIVE CONSULTING ON DIRECT MAIL FUNDRAISING0$0$24,000-$24,000
FieldValueIRS element (for citing)
Total Retained By Contractors$154,822TotalRetainedByContractorsAmt
Total Net To Organization-$154,822TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2BFormAndLineReferenceDesc
ExplanationCONSUMER REPORTS IS UNABLE TO ACCURATELY TRACE THE FUNDRAISING ACTIVITIES REPORTED TO FUNDS RECEIVED. THEREFORE, NO GROSS RECEIPTS FROM THESE ACTIVITIES HAVE BEEN REPORTEDExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1DUKE UNIVERSITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1324 BLACKWELL STAddressLine1Txt
CityDURHAMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP22701ZIPCd
FieldValueIRS element (for citing)
Recipient EIN560532129RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantARCHIVES PROJECTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceCRITERIA FOR SELECTING PROJECTS FOR FUNDINGFormAndLineReferenceDesc
ExplanationTHE 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

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARTA L TELLADO
PRESIDENT & CEO$801,784$0$75,000$0$53,411$0$33,000$0$3,022$0$966,217$0$0$0
ERIC WAYNE
SR. VP & CFO$450,385$0$14,000$0$18,317$0$33,000$0$43,794$0$559,496$0$0$0
LAUREN STANICH
SVP, CHIEF GROWTH OFFICER$449,820$0$12,000$0$16,987$0$31,073$0$42,244$0$552,124$0$0$0
MICHAEL HUBNER
VP, GENERAL COUNSEL$458,784$0$10,000$0$14,997$0$33,000$0$2,932$0$519,713$0$0$0
JESSICA FREIREICH
SVP, CHIEF STRATEGY OFFICE$419,981$0$12,000$0$2,941$0$33,000$0$40,744$0$508,666$0$0$0
ESTHER HAN
VP CHIEF VENTURES OFFICER$373,918$0$10,000$0$20,759$0$31,030$0$29,886$0$465,593$0$0$0
PETER DIRENZO
CHIEF TECHNOLOGY OFFICER$330,762$0$4,000$0$4,884$0$33,000$0$40,637$0$413,283$0$0$0
HEATH GRAYSON
CHIEF PRIVACY OFFICER & DE$329,640$0$4,500$0$6,860$0$33,000$0$31,270$0$405,270$0$0$0
GENEA BELL
VP, CHIEF PEOPLE OFFICER$346,936$0$12,000$0$0$0$32,413$0$13,608$0$404,957$0$0$0
SHAREE MCKENZIE
VP CHIEF SOCIAL IMPACT OFFICER$347,150$0$10,000$0$4,400$0$31,725$0$5,039$0$398,314$0$0$0
CORINNE OSBORN
SR DIR LABOR & EMPL RELS$317,673$0$5,500$0$6,112$0$32,835$0$32,458$0$394,578$0$0$0
JENNIFER SHECTER
VP CHIEF CONTENT OFFICER$316,968$0$4,000$0$5,912$0$40,316$0$0$0$367,196$0$0$0
BENJAMIN MOSKOWITZ
VP, INNOVATION LAB$323,678$0$6,000$0$2,296$0$14,590$0$0$0$346,564$0$0$0
LIAM MCCORMACK
VP, RESEARCH, TESTING & IN$116,000$0$0$0$0$0$0$0$0$0$116,000$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4ADURING THE YEAR, LIAM MCCORMACK RECEIVED SEVERANCE PAYMENTS TOTALING $116,000.
PART I, LINE 7MARTA TELLADO, ERIC WAYNE, MICHAEL HUBNER, LAUREN STANICH, JESSICA FREIREICH, ESTHER HAN, HEATH GRAYSON, GENEA BELL, PETER DIRENZO, CORINNE OSBORN, SHAREE MCKENZIE, JENNIFER SHECTER, AND BENJAMIN MOSKOWITZ RECEIVED DISCRETIONARY BONUS COMPENSATION IN CALENDAR YEAR 2023. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN B (III).

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1CYIDA MULTI-MOD CIV FAC REV BONDS S 2005BusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN521294255BondIssuerEIN
CUSIP986083BN2CUSIPNum
Bond Issued2005-12-22BondIssuedDt
Issue Price$47,300,000IssuePriceAmt
PurposeREFINANCE & RENOS OR HQ FACILITYPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$18,300,000RetiredAmt
Total Proceeds$47,300,000TotalProceedsAmt
Issuance Costs From Proceeds$560,305IssuanceCostsFromProceedsAmt
Credit Enhancement$1,066,734CreditEnhancementAmt
Capital Expenditures$9,980,132CapitalExpendituresAmt
Other Spent Proceeds$35,692,829OtherSpentProceedsAmt
Substantial Completion2007SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To RebateYes (1)ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And RecYes (1)HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line1MORGAN STANLEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Term Of Hedge30.500000000000TermOfHedgePct
Superintegrated Hedge0SuperintegratedHedgeInd
Hedge Terminated0HedgeTerminatedInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE AA. SUBSEQUENT TO THE END OF THE FISCAL YEAR, ON JULY 1, 2024 THE 2005 REVENUE BONDS WERE FULLY PAID OFF USING AVAILABLE CASH FUNDS.
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 PROCEDURESON 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

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution16ContributionCnt
Noncash Contributions Rpt F990$89,235NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN (B)FormAndLineReferenceDesc
ExplanationTHE NUMBER 16 REPRESENTS THE NUMBER OF GIFT ITEMS OR CONTRIBUTORS THAT DONATED OF PUBLICLY TRADED SECURITIES RECEIVED BY CONSUMER REPORTS, INC. IN FISCAL YEAR 2024. 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 ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4ACONSUMER 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 IT'S EDUCATIONAL PURPOSE. THE NUMBER OF PAID SUBSCRIBERS FOR EACH AS OF 5/31/24 INCLUDE CONSUMER REPORTS MAGAZINE 2,565,499; CONSUMER REPORTS ON HEALTH 354,739; AND CR ONLINE 2,772,522. 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 5/31/24, CONSUMER REPORTS CONDUCTED TESTS AND EVALUATIONS ON MORE THAN 2200 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 4BCONSUMER 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 EMPOWER CONSUMERS WITH INFORMATION TO MAKE INFORMED DECISIONS ABOUT THE PRODUCTS THEY BUY, AS WELL AS INFORMATION TO ADVOCATE FOR CONSUMER RIGHTS. IN THE 87 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' UNWAVERING DEDICATION TO THE HEALTH, SAFETY, AND WELL-BEING OF CONSUMERS IS EXEMPLIFIED BY OUR FY24 (JUNE 1, 2023 THROUGH MAY 31, 2024) ACCOMPLISHMENTS AND MILESTONES, SOME OF WHICH INCLUDE: SAFER WATER - CR CHAMPIONS NEW RULE TO LIMIT PFAS IN DRINKING WATER CR HAS LONG BEEN ONE OF THE NATION'S LEADING VOICES ON THE HEALTH RISKS OF PFAS, OR PER- AND POLYFLUOROALKYL SUBSTANCES. PFAS ARE OFTEN CALLED "FOREVER CHEMICALS" BECAUSE THEY ARE EXTREMELY PERSISTENT IN THE ENVIRONMENT AND THE HUMAN BODY. IN 2024 THE EPA PLACED NEW LEGALLY ENFORCEABLE LIMITS ON SEVERAL PFAS COMPOUNDS IN DRINKING WATER. THESE INCLUDE TWO COMPOUNDS - PFOA AND PFOS THAT HAVE BEEN LINKED TO ADVERSE HEALTH IMPACTS INCLUDING CERTAIN CANCERS AND LOWERED IMMUNE RESPONSE. PREVIOUS EPA GUIDELINES SUGGESTED THAT THE TOTAL LEVELS OF THESE TWO LEGACY COMPOUNDS SHOULD NOT EXCEED 70 PARTS PER TRILLION (PPT). THE NEW RULING LIMITS THEM TO 4 PPT EACH. CR HAS CALLED FOR STRICTER LIMITS FOR YEARS. WE WORKED WITH THOUSANDS OF CONSUMERS TO TEST DRINKING WATER ACROSS THE UNITED STATES, AND WE ALSO DID A DEEP INVESTIGATION INTO DRINKING WATER IN MISSISSIPPI, WHICH HAS A HISTORY OF PROBLEMS PROVIDING SAFE AND RELIABLE WATER SERVICE. OUR TESTS REVEALED TROUBLING LEVELS OF PFAS AND OTHER CONTAMINANTS, AND WE SHARED OUR FINDINGS WITH EPA AND CONGRESS IN ADVANCE OF THIS HISTORIC RULE. PLUS, WE PROVIDE CONSUMERS WITH FREE INFORMATION ABOUT HOW TO TEST TAP WATER AND HOW TO GET AN ANNUAL WATER QUALITY REPORT, AS WELL AS INFORMATION ABOUT THE EPA'S SAFE DRINKING WATER HOTLINE, PRICING FOR CR'S RECOMMENDED TEST KITS, AND HOW TO PURCHASE WATER FILTRATION SYSTEMS THAT MEET NEW EPA REQUIREMENTS. FOOD SAFETY - IN CR-BACKED LAW, CALIFORNIA BANS HARMFUL FOOD ADDITIVES CR CELEBRATED A VICTORY IN THE PASSING OF THE CALIFORNIA FOOD SAFETY ACT ON OCTOBER 7, 2023. THIS LANDMARK CALIFORNIA LAW PREVENTS THE USE OF HARMFUL FOOD ADDITIVES, SUCH AS RED DYE NO. 3, POTASSIUM BROMATE, PROPYL PARABEN. AND BROMINATED VEGETABLE OIL (BVO). THESE CHEMICALS HAVE BEEN LINKED TO A VARIETY OF CHRONIC HEALTH CONDITIONS INCLUDING AN INCREASED RISK OF CANCER, HEART AND LIVER PROBLEMS, AND BEHAVIORAL, DEVELOPMENTAL AND REPRODUCTIVE ISSUES. WHILE THE FDA HAS PREVIOUSLY EVALUATED AND APPROVED THESE ADDITIVES FOR USE, RESEARCHERS AND CALIFORNIA LEGISLATORS NOTED THAT IN LIGHT OF NEW EVIDENCE, THE NOW DECADES-OLD APPROVALS NEED REEVALUATION. BACKERS OF THE LAW ALSO NOTE THAT THE NOW-BANNED SUBSTANCES HAVE BEEN REPLACED WITH ALTERNATIVES IN OTHER COUNTRIES AT LITTLE OR NO EXPENSE TO CONSUMERS. WHILE THE FOOD SAFETY ACT DOES NOT GO INTO EFFECT UNTIL 2027, SOME FOOD MANUFACTURING COMPANIES HAVE ALREADY STARTED TO COMPLY. MOST NOTABLY: JUST BORN (MADE POPULAR FOR THEIR "PEEPS" BRAND OF CANDIES). AFTER OUR COLLECTION OF NEARLY 30,000 PETITION SIGNATURES, JUST BORN INFORMED CR THAT NONE OF ITS PRODUCTS WOULD BE PRODUCED USING RED NO. 3. AFTER EASTER OF 2024. CR AND THE ENVIRONMENTAL WORKING GROUP (EWG) CO-SPONSORED THIS LAW, AND WE ARE NOW WORKING IN STATES LIKE NEW YORK, WHERE OFFICIALS ARE CONSIDERING SIMILAR LEGISLATION. - CR BACKS USDA POLICY CHANGE TO PREVENT SALMONELLA EXPOSURE IN ANOTHER WIN FOR SAFER FOOD, THE U.S. DEPARTMENT OF AGRICULTURE NOW CLASSIFIES SALMONELLA AS AN "ADULTERANT" IN BREADED POULTRY PRODUCTS. THE USDA'S FOOD SAFETY AND INSPECTION SERVICE (FSIS) HAS ESTABLISHED A THRESHOLD FOR SALMONELLA CONTAMINATION, DIRECTED SPECIFICALLY AT ANY RAW BREADED STUFFED CHICKEN PRODUCTS. FSIS NOTES THAT A POSITIVE SALMONELLA TEST AT 1 CFU PER GRAM OR HIGHER FALLS OUTSIDE OF A SAFE RANGE, AND CAN POTENTIALLY MAKE CONSUMERS SICK. MORE THAN 160,000 AMERICANS ARE SICKENED BY SALMONELLA IN POULTRY EVERY YEAR, AND CR HAS LONG ADVOCATED FOR THIS TYPE OF ACTION, CITING EVIDENCE FROM OUR YEARS OF POULTRY INVESTIGATIONS. THE FINALIZED POLICY WILL ALLOW THE USDA TO STOP THE SALE OF PRODUCTS THAT DO NOT MEET THE NEW FOOD SAFETY STANDARDS, AND MITIGATE CONSUMER ILLNESS RISK. PRODUCT SAFETY -MAJOR RETAILERS REMOVE HAZARDOUS CHILD PRODUCTS FROM THE MARKET AMAZON, TARGET, AND WALMART ANNOUNCED THEY WILL PROHIBIT THE SALE OF WATER BEADS MARKETED TO CHILDREN. INITIAL ANNOUNCEMENTS OCCURRED ON DECEMBER 2023 AFTER MOUNTING PRESSURE FROM CR, PARENTS, DOCTORS, AND FEDERAL OFFICIALS. OTHER RETAILERS EVENTUALLY TOLD CR THEY WOULD DO THE SAME. WATER BEADS ARE OFTEN MARKETED AS SENSORY PLAY-TOYS OR ART SUPPLIES, THE BEADS CAN START SMALL AND EXPAND WHEN PUT IN WATER. THEY OFTEN COME IN BRIGHT CANDY COLORS, AND A SINGLE PACKAGE CAN CONTAIN THOUSANDS OF WATER BEADSTHUS INCREASING THE RISK OF ACCIDENTAL INGESTION BY INFANTS AND TODDLERS. ACCORDING TO THE CONSUMER PRODUCT SAFETY COMMISSION, AROUND 7,800 EMERGENCY ROOM VISITS WERE RECORDED FROM 2016 TO 2022 AS A RESULT OF WATER BEAD-RELATED INCIDENTS (THOUGH IT SAYS THIS NUMBER MAY BE MUCH HIGHER). IN JULY 2023, A 10 MONTH-OLD GIRL DIED IN WISCONSIN AFTER INGESTING WATER BEADSTRIGGERING A RECALL OF THE 'CHUCKLE & ROAR' WATER BEAD KIT MADE BY BUFFALO GAMES AND SOLD AT TARGET. THE THREE MAJOR RETAILERS HAVE ADDRESSED RISING SAFETY CONCERNS BY CHANGING THEIR POLICIES ON THE SALE OF WATER BEADS. THE SHIFT OCCURRED AFTER THE PUBLICATION OF CR STORY "NOBODY SHOULD LOSE THEIR CHILD OVER A TOY AND MONTHS OF ADVOCACY BY CR AND THOUSANDS OF OUR MEMBERS. CR CREATED A "SAFE AND SOUND" GUIDE TO SERVE AS A DETAILED COMPILATION OF TESTS, RATINGS, AND REVIEWS OF 1,000 + BABY PRODUCTS TO GIVE PARENTS PEACE OF MIND. THE GUIDE INCLUDES A CAR SEAT FINDER, AS WELL AS A LIST OF TESTED AND RECOMMENDED TOYS, STROLLERS, SLEEP AND NURSERY ITEMS, WE CONTINUE TO PRIORITIZE OUR COMMITMENT TO CHILDREN'S SAFETY BY SUPPORTING A NEW CONGRESSIONAL BILL THAT WOULD BAN WEIGHTED SLEEP PRODUCTS FOR INFANTS CATEGORIZING THEM AS "BANNED HAZARDOUS PRODUCTS" UNDER THE CONSUMER PRODUCT SAFETY ACT. BOTH TARGET AND BABYLIST TOLD CR THEY HAVE DECIDED TO STOP SELLING WEIGHTED SLEEP PRODUCTS FOR INFANTS. - CR TESTS UNCOVER SAFETY HAZARD IN PORTABLE BLENDERS 4.8 MILLION BLENDJET2 PERSONAL BLENDERS WERE RECALLED AFTER NUMEROUS CONSUMER CLAIMS OF OVERHEATING AND CATCHING FIRE, AS WELL AS BLADES BREAKING DURING USE. CR ADVOCATED FOR A RECALL IN THE MONTHS LEADING UP TO THE ANNOUNCEMENT. WE SAW THE CONSUMER COMPLAINTS ABOUT THE BLENDJET2 ON DATABASES LIKE THE CONSUMER PRODUCT SAFETY COMMISSION'S SAFERPRODUCTS.GOV SITE. WE CONDUCTED LABORATORY TESTING TO EVALUATE THE SAFETY OF THE BLENDJET2. WE USED A DURABILITY TEST TO STRESS A BLENDER'S MOTOR, DRIVETRAIN, AND BLADE ASSEMBLY. IN THE MIDDLE OF OUR DURABILITY TEST OF THE BLENDJET, THE BLADE ASSEMBLY BROKE OFF COMPLETELY. CR CALLED ON THE CONSUMER PRODUCT SAFETY COMMISSION TO LAUNCH AN IMMEDIATE INVESTIGATION, AND WE WARNED THE PUBLIC OF THE BLENDER'S SAFETY HAZARDS DURING THE HOLIDAY SHOPPING SEASON, WEEKS BEFORE THE COMPANY TOOK ACTION. A SAFER DIGITAL MARKETPLACE - CR DEVISES AN APP TO HELP CONSUMERS GAIN MORE CONTROL OVER THEIR PERSONAL DATA CR INTRODUCED "PERMISSION SLIP" A NEW APP THAT PROVIDES AN IN-DEPTH LOOK AT WHAT KINDS OF CONSUMER DATA COMPANIES COLLECT ABOUT THEM. CONSUMERS CAN USE THE APP TO DENY PERMISSION FOR THE SALE OF THEIR PERSONAL INFORMATIONOR DELETE IT ENTIRELY. CR PROVIDES THE CONSUMER WITH A LARGE LIST OF COMPANIES AND DATA BROKERS. WITH A FEW CLICKS, CONSUMERS CAN MAKE PRIVACY REQUESTS TO MULTIPLE COMPANIES AT ONCE.
FORM 990, PART III, LINE 4B (CONTINUED)CR HAS MADE PERMISSION SLIP ACCESSIBLE BY EITHER A "FREE OR "PLUS" SUBSCRIPTION SERVICE. THE APP HAS GARNERED POSITIVE REVIEWS AND COVERAGE FROM THE WASHINGTON POST, FAST COMPANY, AND CNET AND IT BOASTS AN IMPRESSIVE 2.5 MILLION DATA REQUEST INITIATIONS. - CR BACKS NEW PRIVACY AND AI LAWS TO ENSURE DIGITAL PROTECTIONS FOR MORE THAN 35 MILLION AMERICANS SEVEN STATES - KENTUCKY, MARYLAND, MINNESOTA, NEBRASKA, NEW HAMPSHIRE, NEW JERSEY, AND RHODE ISLANDPASSED COMPREHENSIVE CONSUMER PRIVACY LAWS. PLUS, COLORADO BECAME THE FIRST STATE IN THE NATION TO PASS A LAW FOR HOW COMPANIES CAN USE ARTIFICIAL INTELLIGENCE, OR AI, TO MAKE DECISIONS ABOUT CONSUMERS. CR'S SURVEYS HAVE FOUND THAT MANY AMERICANS ARE CONCERNED ABOUT THE WAYS THAT AI CAN BE USED TO MAKE BIG DECISIONS ABOUT THINGS LIKE THE PRICES THEY PAY, THEIR HEALTHCARE, AND HOW THEY ARE CONSIDERED FOR EMPLOYMENT. CR'S ADVOCATES WERE HEAVILY INVOLVED IN THE EFFORTS TO SHAPE AND IMPROVE THE BILLS, AND WE TESTIFIED AT HEARINGS TO RECOMMEND WAYS TO STRENGTHEN THEM. THOUSANDS OF CR MEMBERS CONTACTED THEIR STATE LEGISLATORS TO TELL THEM TO STAND UP FOR THEIR DIGITAL RIGHTS. SOME OF THESE LAWS ARE MUCH STRONGER THAN OTHERS, AND A FEW HAVE SIGNIFICANT LOOPHOLES SOUGHT BY INDUSTRY, SO WE CONTINUE TO WORK WITH STATE OFFICIALS TO RAISE THE BAR FOR PRIVACY AND AI SAFETY. CR IS ALSO ONE OF THE ORGANIZATIONS THAT DEVELOPED THE GLOBAL PRIVACY CONTROL (GPC) FOR CONSUMERS TO USE IN CONJUNCTION WITH SEVERAL MAJOR WEB BROWSERS. WE PUBLISHED AN INTERACTIVE DIGITAL PRIVACY MAP OF THE UNITED STATES, WHICH HELPS CONSUMERS IDENTIFY STATES BASED ON THE STRENGTH OF THEIR PRIVACY LAWS. HOME SECURITY - CR INVESTIGATES SECURITY FLAWS FOUND IN VIDEO DOORBELLS, LEADING TO FIXES CR INVESTIGATED VIDEO DOORBELLS SOLD ON DIGITAL MARKETPLACES SUCH AS AMAZON, WALMART, TEMU, AND SHEIN. WE FOUND VULNERABILITIES THAT COULD COMPROMISE THE PRIVACY AND SECURITY OF CONSUMERS. A SECURITY BREACH IN A VIDEO DOORBELL COULD ALLOW A POTENTIALLY MALICIOUS INDIVIDUAL TO MONITOR THE DOORBELL CAMERA FEED, OR EVEN CONTROL IT OUTRIGHT. IN OUR INVESTIGATION, AN ENGINEER WAS ABLE TO HACK INTO AN EKEN BRAND DOORBELL CAMERA FROM 2,923 MILES AWAY. FURTHER INVESTIGATION REVEALED ADDITIONAL SECURITY FLAWS IN DOORBELLS SOLD BY THE SAME MANUFACTURER AS EKEN, BUT UNDER DIFFERENT BRAND NAMES. MOST LACKED A VISIBLE ID ISSUED BY THE FEDERAL COMMUNICATIONS COMMISSION (FCC). INITIAL CR QUERIES TO THE MANUFACTURER WENT UNANSWERED, BUT WERE ADDRESSED AFTER THE PUBLICATION OF OUR STORY. EKEN STATED THAT "NEW PACKAGING WITH THE ID WOULD BE AVAILABLE IN ABOUT A MONTH, AND IT FIXED SECURITY ISSUES CITED BY CR, WHICH WE CONFIRMED WITH FURTHER TESTING. WE SHARED OUR FINDINGS WITH THE FCC, WHICH SENT LETTERS SENT TO RETAILERS TO INQUIRE ABOUT WHICH STEPS WOULD BE TAKEN TO ENSURE THAT ALL PRODUCTS SOLD IN THEIR MARKETPLACES ADHERE TO FCC REGULATIONS. CR HAS ALSO ASKED ONLINE RETAILERS TO TAKE STEPS TO GUARANTEE THE QUALITY OF PRODUCTS AVAILABLE ON THEIR PLATFORMS, AND HAS ADVOCATED FOR POLICIES TO HOLD PLATFORMS ACCOUNTABLE FOR SELLING UNSAFE PRODUCTS. VEHICLE SAFETY STANDARDS - CR CHAMPIONS NEW RULE TO MAKE AUTOMATIC EMERGENCY BRAKING (AEB) STANDARD IN ALL NEW PASSENGER VEHICLES AUTOMATIC EMERGENCY BRAKING (AEB) IS A SAFETY TECHNOLOGY THAT CAN DETECT A POTENTIAL CAR CRASH AND AUTOMATICALLY BRAKE TO AVOID A COLLISION OR LESSEN THE SEVERITY OF IMPACT. ON APRIL 29, 2024, THE U.S. DEPARTMENT OF TRANSPORTATION'S NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION (NHTSA) FINALIZED A VERSION OF A RULE THAT WAS PROPOSED IN 2023. STARTING IN SEPTEMBER 2029, ALL U.S. VEHICLE MANUFACTURERS MUST MAKE AEB AND PEDESTRIAN AEB (PAEB) SYSTEMS STANDARD ISSUE IN EVERY CAR AND LIGHT TRUCK. ACCORDING TO NHTSA PROJECTIONS, THE USE OF AEB SYSTEMS COULD SAVE 360 LIVES A YEAR AND PREVENT AT LEAST 24,000 INJURIES ANNUALLY. CR HAS ADVISED NHTSA ON WAYS TO MAKE THE NEW RULE STRONG AND ENSURE IT DELIVERS ALL PROPOSED SAFETY BENEFITS TO CONSUMERS. IN AN FY24 CR PETITION, MORE THAN 24,000 INDIVIDUALS VOICED THEIR SUPPORT OF THE NHTSA'S PLANS. FOR YEARS, CR HAS PROVIDED COMPREHENSIVE VEHICLE RATINGS WITH ITS ANNUAL "TOP PICKS FOR AUTOS." TO INCENTIVIZE AUTOMAKERS TO PRODUCE SAFER VEHICLES, WE REQUIRE ALL "TOP PICKS SELECTIONS TO HAVE STANDARD AEB WITH PEDESTRIAN DETECTION, AS WELL AS STANDARD AEB THAT CAN PROVIDE A CERTAIN DEGREE OF BRAKING AT HIGHWAY SPEEDS. - CR'S COMMITMENT TO REDUCING HARMFUL EMISSIONS FROM VEHICLES A 2024 RULE ISSUED BY THE ENVIRONMENTAL PROTECTION AGENCY WILL REDUCE EMISSIONS FROM NEW CARS AND LIGHT-DUTY TRUCKS FOR MODEL YEARS 2027-2032, BUILDING ON PREVIOUS EPA STANDARDS FOR EARLIER MODEL YEARS. A CR ANALYSIS DETERMINED CONSUMERS COULD SAVE MORE THAN 1 TRILLION DOLLARS AND REDUCE CLIMATE POLLUTION BY OVER 12 BILLION TONS THROUGH 2050 UNDER THIS RULE. THE RULE WILL LEAD TO INCREASED PRODUCTION OF CLEANER, MORE FUEL-EFFICIENT CARS. AND IT GIVES AUTOMAKERS THE FLEXIBILITY TO COMPLY WITH A VARIETY OF VEHICLE OPTIONS, INCLUDING HYBRID VEHICLES, PLUG-IN HYBRIDS, ELECTRIC VEHICLES, AND MORE EFFICIENT GAS-POWERED VEHICLES. THE RULE IS DESIGNED TO ENSURE CONSUMERS WILL CONTINUE TO HAVE A WIDE RANGE OF CHOICES, INCLUDING PICKUP TRUCKS, SUVS, AND MINIVANS. IN FEDERAL HEARINGS AND FORMAL COMMENTS, CR EXPRESSED SUPPORT FOR THE PROPOSED STANDARDS. WE STATED THAT THE STANDARDS ARE ACHIEVABLE, COST EFFECTIVE, AND ALIGNED WITH BOTH MARKET TRENDS AND CONSUMER INTEREST IN CLEANER VEHICLES. WE INVITED CR MEMBERS TO TESTIFY AT THESE HEARINGS AS WELL, AND WE DELIVERED THOUSANDS OF PETITION SIGNATURES TO EPA IN SUPPORT OF A STRONG RULE. - SHINING A LIGHT ON HARMFUL CHEMICALS IN AUTO SEATS IN AN FY24 PEER-REVIEWED STUDY, RESEARCHERS FROM DUKE UNIVERSITY AND THE GREEN SCIENCE POLICY INSTITUTE MADE A TROUBLING DISCOVERY: THE AIR AND SEAT FOAM INSIDE THE VEHICLES THEY TESTED CONTAINED FLAME-RETARDANT MATERIAL LINKED TO CANCERS. COMPANIES ADD THESE FIRE-RETARDANT CHEMICALS TO SEAT FOAM (AS WELL AS CHILD CAR SEATS) TO COMPLY WITH A 1971 FEDERAL MOTOR VEHICLE SAFETY STANDARD. THIS 53-YEAR-OLD STANDARD IS LONG OVERDUE FOR AN UPDATE. WE DELIVERED A PETITION WITH MORE THAN 30,000 SIGNATURES TO NHTSA HEADQUARTERS IN WASHINGTON, D.C. CR IS CALLING ON TRANSPORTATION OFFICIALS TO CONSIDER ALTERNATIVE TESTING METHODS. SAFETY EXPERTS POINT TO CALIFORNIA, WHICH UPDATED ITS RULES FOR FURNITURE FLAMMABILITY. THIS TEST MODEL DOES AWAY WITH OPEN-FLAME STYLE TESTING AND REPLACES IT WITH A "SMOLDER TEST," WHICH DOES NOT REQUIRE THESE CHEMICALS. THIS STANDARD FOR FURNITURE WAS EVENTUALLY ADOPTED AT THE FEDERAL LEVEL, AND IT HAS DECREASED THE USE OF TOXIC FLAME RETARDANTS. FINANCIAL SECURITY - CR PRESSES FOR CONSUMER PROTECTIONS FOR "BUY NOW PAY LATER" SERVICES A NEW RULE BY THE CONSUMER FINANCIAL PROTECTION BUREAU (CFPB) REQUIRES "BUY NOW, PAY LATER" (BNPL) PROVIDERS TO ALLOW CONSUMERS TO DISPUTE CHARGES AND OBTAIN REFUNDSSIMILAR TO PROTECTIONS PEOPLE HAVE WHEN USING A CREDIT CARD. CR CHAMPIONED THIS RULE, POINTING TO OUR INVESTIGATIONS. WE FOUND THAT, WHILE BNPL SERVICES CAN BE CONVENIENT, MANY OF THEM LACK PROTECTIONS RELATED TO FRAUD, REFUNDS, RETURNS, AND DATA PRIVACY. OUR NATIONALLY REPRESENTATIVE SURVEY FOUND THAT 4 PERCENT OF PARTICIPANTS WHO HAVE USED BNPL SAID THEY HAD "DIFFICULTY STOPPING PAYMENTS" AFTER RETURNING AN ITEM. 5 PERCENT SAID THEY "HAD DIFFICULTY OBTAINING A REFUND." A CFPB REPORTS SAID MORE THAN 13 PERCENT OF BNPL TRANSACTIONS INVOLVED A RETURN OR DISPUTE. OF FIVE MAJOR FIRMS SURVEYED, CONSUMERS DISPUTED OR RETURNED $1.8 BILLION IN TRANSACTIONS, THE CFPB SAID. BUILDING ON OUR VISION FOR HEIGHTENED DIGITAL STANDARDS, CR ESTABLISHED A "FAIR DIGITAL FINANCE FRAMEWORK," WHICH HELPS US PROVIDE TIMELY AND THOROUGH EVALUATIONS OF DIGITAL FINANCE PRODUCTS AND SERVICES. WE SHARE THESE FINDINGS WITH THE COMPANIES AND RECOMMEND SOLUTIONS. - CREDIT BUREAUS AGREE TO PROVIDE FREE WEEKLY CREDIT REPORTS TO CONSUMERS THE "BIG THREE" CREDIT BUREAUS EQUIFAX, EXPERIAN, AND TRANSUNION AGREED TO PROVIDE CONSUMERS WITH FREE WEEKLY ACCESS TO REPORTS ON A PERMANENT BASIS, INSTEAD OF JUST ONE PER YEAR. FOR YEARS, CR HAS MET WITH CREDIT BUREAUS AND FEDERAL OFFICIALS TO PRESS FOR THIS MUCH-NEEDED CHANGE IN POLICY. CR IS NOW CALLING ON THE LEADING CREDIT BUREAUS TO DO MORE TO ENSURE CONSUMERS HAVE ACCESS TO ACCURATE CREDIT REPORTS. CR AND ITS FELLOW NONPROFIT "WORKMONEY" ASKED CONSUMERS TO CHECK THEIR CREDIT REPORTS AND COMPLETE A SURVEY TO DOCUMENT THEIR EXPERIENCES. OUT OF 4,300 'CREDIT CHECKUP' STUDY PARTICIPANTS, MORE THAN A QUARTER FOUND CRITICAL MISTAKES IN THEIR REPORTS. THE MISTAKES INCLUDED DEBTS THAT COULD HARM THEIR CREDIT SCORES, AND STIFLE THEIR FINANCIAL OPPORTUNITIES. KEY FINDINGS IN OUR STUDY SHOW THAT CONSUMERS HAD DIFFICULTY OBTAINING THEIR REPORTS, FOUND NUMEROUS ERRORS IN THEIR REPORTS, AND ENCOUNTERED AN INEFFECTIVE SYSTEM FOR DISPUTING THE ERRORS.
FORM 990, PART III, LINE 4B (CONTINUED)RIGHT TO REPAIR CALIFORNIA, COLORADO, AND OREGON PASSED THREE OF THE NATION'S STRONGEST "RIGHT TO REPAIR" LAWS. THESE LAWS WERE BASED IN PART ON MODEL LEGISLATION WRITTEN BY CR. THESE LAWS REQUIRE MANY MANUFACTURERS TO PROVIDE PARTS, TOOLS, AND MANUALS TO INDEPENDENT REPAIR SHOPS AND DO-IT-YOURSELF CONSUMERS. THIS IS A WIN FOR COMPETITION AND CONSUMER CHOICE: PEOPLE WILL NOT BE FORCED TO TAKE THEIR BROKEN DEVICES TO THE MANUFACTURERS' HAND-PICKED REPAIR SERVICE, WHICH MAY CHARGE A PREMIUM PRICE. IT WILL ALSO HELP REDUCE THE TONS OF ELECTRONICS THAT ARE PILING UP IN LANDFILLS. THE COLORADO AND OREGON LAWS ARE THE FIRST TO OUTLAW A MANUFACTURER'S PRACTICE CALLED "PARTS PAIRING." THIS IS WHEN A MANUFACTURER INSTALLS SOFTWARE TO IDENTIFY AND AUTHENTICATE REPLACEMENT PARTS, WHICH CAN MAKE IT HARDER FOR INDEPENDENT REPAIRERS AND INDIVIDUALS TO MAKE REPAIRS.
FORM 990, PART VI, SECTION A, LINE 6MEMBERS, 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 7ASEE EXPLANATION ON LINE 6 ABOVE.
FORM 990, PART VI, SECTION B, LINE 11BFORM 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 12CCONFLICT 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. POTENTIAL REMEDIES FOR CONFLICTS OF INTEREST CAN 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 15THE 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 AND CHIEF EXECUTIVE OFFICER, 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 JULY 2024.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC 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 912,432. PENSION RELATED CHANGES -5,127,394. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -207,072. ROUNDING

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER TRUST (2)
ANNUITYNYN/ATYes (1)
(no name)
Yes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd