The National Association of Hispanic Journalists is having major financial troubles. During its annual membership meeting, taking place at the 2010 convention in Denver, the organization’s leadership produced some troubling numbers.
The organization has a $227,000 deficit. It has had to pull money from reserves, borrow $75,000 from its scholarship fund and is still in the red. The membership as of June of this year is 1340, down from 2400 in 2008, impacting dues revenues.
In all the years I have attended the membership meeting, I have never seen a room so packed. Members came in full force to find out what’s in store for NAHJ. President Ricardo Pimentel urged members now more than ever, to donate to the association. There is currently a campaign to raise funds to match a $25,000 challenge grant. Stay tuned for more updates.