T a b l e o f C o n t e n t s

NAHJ Mission Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Why NAHJ was Needed , and Why We Exist Today. . . . . . . . . . . . . . . . . 5

President’s Message . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

NAHJ in 2007

An Executive Summary of 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

NAHJ’s Parity Project. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Campaign for Parity Donors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

NAHJ and Media Advocacy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Scholarships and Educational Programs . . . . . . . . . . . . . . . . . . . . . . . . 11

NAHJ celebrates its 25th Annual Convention in San Jose, Calif . . . . . . . 13

NAHJ History Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

In other 2007 NAHJ news. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

2007 Journalism and ñ Awards. . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Local chapters grow. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Thanks to our 2007 Sponsors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Accountant’s Compilation Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

NAHJ Assets and Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

NAHJ Statement of Revenues and Expenditures . . . . . . . . . . . . . . . . . 21

NAHJ Adjustments to Financial Report. . . . . . . . . . . . . . . . . . . . . . . . . 22

NAHJ Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

NAHJ Staff. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

4 A n n u a l R e p o r t 2 0 0 7

The National Association of Hispanic Journalists (NAHJ) is dedicated to therecognition and professional advancement of Hispanics in the news industry.Established in 1984, NAHJ created a national voice and unified vision for allHispanic journalists.

NAHJ is governed by a 17-member board of directors, including executive officersand regional directors. The regional directors represent geographic areas of theUnited States and the Caribbean. The national office is inside the National PressBuilding in Washington, D.C.

There are more than 2,100 NAHJ members, including 141 lifetime members. Weare working journalists, journalism students, other media-related professionals andjournalism educators.

The goals of the association are:

• To organize and provide mutual support for Hispanics involved in thegathering or dissemination of news.

• To encourage and support the study and practice of journalism andcommunications by Hispanics.

• To foster and promote a fair treatment of Hispanics by the media.• To further the employment and career development of Hispanics in the

media. • To foster a greater understanding of Hispanic media professionals'

special cultural identity, interests, and concerns.•

N A H J ’ s M i s s i o n S t a t e m e n t

It has been four decades since social unrest resulted inriots by blacks and Hispanics in cities across thecountry in the summer of 1967. The Kernercommission, appointed by President Lyndon Johnsonto investigate the root causes of the violence, criticizedthe media’s coverage of the riots and found that ournation’s all-white newsrooms contributed to the“white-black schism” in the country.

It was a wake-up call for the news media. Thecommission called for increased representation ofminority journalists in our nation’s newsrooms. Inthe 1970s, the print and broadcast industries beganmeasuring the movement toward diversifyingnewsrooms. But progress has been slow.

Today, more than 40 years after the Kernercommission’s findings, Latinos and people of colorremain underrepresented in newsrooms by alarmingmargins. While one in three people in the UnitedStates is a person of color — African American,Asian American, Hispanic, Native American, or somecombination thereof — journalists of color make upjust 13.62 percent of all newsroom employees indaily newspapers, and 22.2 percent of those workingat local English-language television stations.

The Kerner commission warned that the lack ofminority voices in newsrooms and in news coveragewould have serious and negative consequences forour society. The words of caution have addedurgency today, as our nation’s population becomesmore diverse, with Latinos now the largest ethnicminority. By 2050, most Americans will be peopleof color. And by early next century, half of all U.S.residents will be of Hispanic descent.

This is why NAHJ’s mission remains critical to thefuture of our nation. Founded in 1984, NAHJ seeks

to increase representation of Latinos in newsroomsand to improve coverage of the Latino community.Not content with the status quo, NAHJ has createdbold new initiatives toward ensuring that the newsmedia accurately inform the public about thecountry and the world we live in.

We get more young Latinos into the business byoffering more scholarships every year. We placemore Latinos in newsrooms with the innovativeParity Project and with job placement and referralservices. We raise our collective voice againstdistorted or unfair coverage to educate all aboutwho Latinos are and the roles we play as friends,neighbors, competitors and leaders. In essence, weposition more Latinos to tell our stories and educatemore non-Latinos to include us in their words andimages as an integral part of the multicultural andmultilayered fabric of U.S. society.

Only then can the news media cease to be acontributing factor to the racial, ethnic and socialunrest that continues today, and that fails to educatethose ill-informed people who commit violence againstMuslims raising families according to their faith,against Mexicans waiting alongside the road for work,or against gay men who simply go out for a drink.Only then can the discrimination reinforced bydistorted and unbalanced news reports be diminished,allowing all people to reach their potential and claimtheir rightful place in American society.

NAHJ’s work is clearly needed as our multiculturalsociety becomes ever more complex. Our childrenmust learn to coexist and to foster the mutualrespect essential to a peaceful democracy. Withinformation, with images, we can—and often do—shape minds and change lives. With NAHJ’s work,we do so together. •

W h y N A H J w a s N e e d e d , a n d W h y W e E x i s t T o d a y

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6 A n n u a l R e p o r t 2 0 0 7

Dear NAHJ Members:

The crisis in the journalism industry continues, and the NationalAssociation of Hispanic Journalists continues to represent the interestof its members in a long-term fight for fair representation and faircoverage of our communities.

Nothing has been easy, externally (in the world of journalism) orinternally (the workings of NAHJ as an association).

You don’t need this report to tell you of the dramatic shifts that havetaken place in the world of journalism. Between the disappearance of Knight-Ridder, theprivatization of Tribune Company, the continued efforts by some to put more and more newsoutlets into the hands of fewer and fewer owners, and the almost daily reports of buyouts,layoffs and cutbacks, journalists are losing their jobs at an unprecedented rate.

The board of directors of NAHJ has been as affected as the industry. Four board memberswere laid off, and a fifth has decided to leave the industry. We are thus acutely aware of theimpact of layoffs and the threat it poses to NAHJ's long-term ability to accomplish its mission.

Our mission, that fight for fair representation in the newsroom and in the news product, is ajust mission. It is a mission that is not subject to the whims of stockholders, private owners orgovernment regulators. We know the challenges newsrooms face: declining newspapercirculation, fractured audiences and an emerging news-delivery system no one quite knows howto tap for profitability.

We urge the industry to think in the long-term as it makes short-term decisions. Cuts thatresult in a decline in quality will do nothing except devalue the product, turn off the audienceand start the vicious cycle all over again.

During this time at NAHJ, we’ve met our own challenges. We've reduced the size of theorganization's staff, continued to streamline our operation and cut some programs we lovebut could no longer afford, at least not in their present form (such as the Network BrownoutReport). In the meantime we’ve continued to fight for NAHJ and for our members, bothbehind the scenes and publicly. We took our stand against further media consolidation toCongress, stood up for members mistreated by police in Los Angeles and by their ownemployers in Texas, and tangled with a national network over the best way to deliver news toSpanish-speaking audiences in the Southwest. And through our Parity Project, we’vecontinued to show the industry that progress can be made even in these challenging times.

The work is far from done, of course. NAHJ is well-poised for an internal reorganization andstrategic planning that will even more efficiently address the needs of our mission. I extendmy thanks to the board of directors, the staff and the members of NAHJ for your support andcounsel over the last two years. Ours is still a noble mission in a noble profession. Journalismwill survive, and as long as it does, there will always be a need for NAHJ to fight for fairness.

Yours in service,Rafael Olmeda

P r e s i d e n t ’ s M e s s a g e

A n n u a l R e p o r t 2 0 0 7 7

Diversifying our nation’s newsrooms has long beenrecognized as one of the great failings of the U.S.news industry. The marginalization of Latinos andcommunities of color in news coverage continues toundermine the quality of information the Americanpublic receives. NAHJ was conceptualized in 1982, andofficially formed in 1984, to address these historicfailings. The mission is increased diversity in thenewsroom and better coverage of Latino communities.

In 2007, NAHJ celebrated 25 years of taking thelead toward that mission. The anniversary came at atime when the entire media industry, especiallynewspapers, struggled. Still, NAHJ themes for theyear emerged: stay relevant, speak the truth andcontinue to be vocal about how changes in theindustry affect diversity.

A signature newsroom diversity project, plus myriadother initiatives—including addresses to Congresson the state of the media; educational andprofessional training and other opportunities formembers such as scholarships and multimediaworkshops—all helped our members keep headabove water in these changing times, and foughtfor more diverse and better coverage despiteindustry cutbacks.

A snapshot of NAHJ business in 2007:• The Parity Project was NAHJ’s key initiative that

helped buck the trend of Latino job losses in2007. The program seeks to improve the numberof Latinos in newsrooms and ultimately improvenews coverage of all communities. The plan: formlong-term, holistic relationships between NAHJ,media companies and local communities. Town-hall meetings, newsroom diversity coverageworkshops, connections between reporters ofcolor and the newsrooms that need them—these

are just some of themoving parts of the ParityProject. Is it working? Evenamid these times of deepcutbacks, the answer is yes. The 26 partner newscompanies in the program saw a collective 38percent increase of Latinos in their newsrooms,through the end of 2007.

• NAHJ also fought for better coverage in 2007 byadvocating for free and fair access of informationto all. The organization condemned the FederalCommunications Commission’s decision to allowmedia companies to own newspapers andtelevision/radio stations in the country’s top 20markets, a move we believed would lead toincreased media consolidation, the loss of morejournalism jobs and less diversity of voices tellingthe news and serving the public interest. NAHJalso spoke out in favor of a strong federal shieldlaw to protect journalists from revealingconfidential sources under certain conditions.

• Keeping in mind the next generation ofstorytellers, in 2007 NAHJ awarded $100,000 innew and $125,000 in continuing scholarships.This brought the total to more than $1.4 millionto 525 students in 20 years of awardingscholarships. The organization also partners withmedia companies, colleges and foundations tooffer fellowships, summer training sessions andmany other educational opportunities.

• NAHJ celebrated its 25th Anniversary Conventionin San Jose, California in June, 2007. Theheadline-making convention included remarks byCalifornia Governor Arnold Schwarzeneggerabout turning off the Spanish-language televisionthat sparked energetic discussions, moremultimedia sessions than ever before, discussionson community clashes with the LAPD, the effectsof raids and deportations on families and more.

E x e c u t i v e S u m m a r y : N A H J i n 2 0 0 7

8 A n n u a l R e p o r t 2 0 0 7

NA H J ’ s Pa r i t y Pr oje c t, a newa ppr o a ch t o di ver s i t y

Launched in 2003, the Parity Project’s goals werelofty from the beginning: To advance the numberof Latino journalists, especially in cities whereLatinos are underrepresented in newsrooms, and toimprove the quality of news coverage of theHispanic community.

The plan: Develop long-term, holistic partnershipsbetween NAHJ, individual media companies andthe community in cities with large and growingLatino populations. The overall goal is to serve as amodel that the entire journalism industry canemulate when it comes to improving newsroomdiversity and coverage of diverse communities.

Has it worked? Despite the industry’s more recentchallenges, the answer is yes.

The first partner on the project was the E.W.Scripps Company. When the Parity Project launchedin 2003 at the company’s Rocky Mountain News inDenver, the number of minority news professionalsjumped from 8.5 percent to 11.6 percent.

By the end of 2007, 26 companies had joined theParity Project. Partners include the Los Angeles DailyNews, WFLA-TV News in Tampa and The Virginian-Pilot, where for the first time the diversity goalbecame multicultural thanks to a partnership withthe Hampton Roads Black Media Professionals.

Despite deep cutbacks in the journalism industrynationwide, the Parity Project is helping to buck the

trend. By the end of2007, Parity Projectnewsrooms had,collectively, 73 moreLatinos on staff than whenthey respectively began workingwith the project—dates ranging from April 2003 toOctober 2007. During that time period, the partnermedia companies hired 170 Latinos, almost asmany as the 194 Latinos on staff they had whenthey started.

Even after factoring the 97 Latino staffers who leftthe newsroom in that time period, the Parity Projectpartners still had a collective net gain of 73 Latinojournalists by the end of last year—a 38 percentincrease.

The Latino and community at large around thenewsrooms is also feeling the effects. Besidesrecruitment of more journalists of color, the programinvolves training journalists on cultural issues,convening town hall meetings, and establishingcommunity/staff advisory councils for long-termcollaboration. More than 1,600 people have takenpart in 34 town hall meetings. In some of the cities,community groups have organized to approachnewspapers about what they find offensive incoverage, and how to improve coverage.

“Our overriding goal is better journalism, not a jobsprogram, or to hire less-qualified journalists,”former NAHJ president Juan Gonzalez told PoynterOnline. “And because we knew the community,and we knew the industry, we were the perfectbridge. We have a trust no one else does.”

P a r i t y P r o j e c t

Parity Project grows beyond LatinocommunityWhile the original goal of the Parity Project was toincrease representation of Latinos in the news, thescope took a multicultural approach for the firsttime when NAHJ launched the program at TheVirginian-Pilot, on Oct. 30, 2007, with a town hallmeeting.

NAHJ partnered with the Hampton Roads BlackMedia Professionals (HRBMP) to hold the town hallbetween community leaders in The Pilot’s diversereadership area and the newspaper’s leadership.HRBMP is an affiliate of the National Association ofBlack Journalists.

More than 100 people, including several areacollege students, attended the town hall gathering.

“They want to see their faces and hear their voices,especially in stories that don”t center on their raceor ethnicity,” The Virginian-Pilot columnist MarvinLake wrote about the own hall meeting. “Theywant the paper to get to know them, as individualsand culturally, so it can better reflect their lives andconcerns—something that doesn’t happen if themedia merely parachute in for ethnic festivals. Theywant more “positive” news, to counterbalance aperceived emphasis on crime-related coverage. Andthey want more diverse op-ed voices.”

Lake said what the editors heard was largely nosurprise. Readers have expressed such views in calls,e-mails and letters to the paper.

“But the face-to-face session was an important andnecessary step toward demonstrating the paper’scommitment to truly inclusive coverage,” Lakewrote. “An opportunity for The Pilot to growmulticultural sources, and, hopefully, begin to getregular minority input.”

Parity Project FundingThe National Association of Hispanic Journalists in2007 received a two-year $300,000 grant from the McCormick Foundation for the Parity Project,which strives to be an example for the journalismindustry on how to improve newsroom diversityand coverage of all communities.

It started in May 2004, when The Robert R.McCormick Tribune Foundation awarded NAHJ a $1million, three-year grant for the Parity Project. Nownamed the McCormick Foundation, it is the primarysponsor of the program which works with selectedEnglish-language media companies that serve largeLatino populations, but do not have arepresentative percentage of Hispanic journalists intheir newsrooms.

“NAHJ‘s Parity Project is a winner. We are proud tosupport a program with a proven track record ofimproving diversity in newsrooms,” said Clark Bell,the foundation's Journalism Program Director.“Parity has created new opportunities for Latinojournalists and helped enhance coverage of diversecommunities in news organizations that agree toparticipate.”

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11 00 A n n u a l R e p o r t 2 0 0 7

C a m p a i g n f o r P a r i t y D o n o r s¡MUCHISIMAS GRACIAS! to all our Campaign Supporters who have committed to our 5-year, $12.6 millionCampaign for Parity which began in 2003.

Above-the-Fold Circle($500,000+)McCormick Foundation

Headliner Circle ($250,000 - $499,999) General MotorsState Farm Insurance

Prime Timer Circle ($100,000 - $249,999) Anheuser-BuschBloombergCNNESPNFord FoundationFreddie MacJohn S. and James L. Knight FoundationKnight RidderNBC Universal TelemundoThe Coca-Cola CompanyThe McClatchy CompanyToyota Motor Sales, USA. Inc.Univision

Publishers’ Club ($50,000 - $99,999) AARPBELOCBS NewsDaimlerChryslerFedExFord Motor CompanyGannett FoundationGeraldo Rivera, Fox News ChannelHarrah’s EntertainmentHearst NewspapersMicrosoftNielsen Media ResearchThe New York TimesTribune/Sun-Sentinel/el SentinelU.S. ArmyWalt Disney

Executives’ Club($25,000 - $49,999) Ethics & Excellence in Journalism Foundation

Producers’ Circle($10,000 - $24,999) Gloria Campos Brown, WFAA-TV (Dallas, TX)Juan D. Gonzalez, New York Daily NewsJohn Quiñones, ABC News Prime TimeMaria Elena Salinas, Univision (Miami, FL)

Anchors’ Circle($5,000 - $9,999) Lou Dobbs, CNN’s Lou Dobbs TonightVince GonzalesAlberto Ibargüen, The Miami HeraldArthur O. Sulzberger, The New York TimesElizabeth Zavala, Fort Worth Star Telegram

Presidents’s Club($1,000 - $4,999) Kathy Aaronson, The Sales AthleteVicki Adame, United Farm WorkersElizabeth Aguilera, The Denver PostJavier Aldape, E.W. Scripps CompanyClaudio Alvarez Dunn, Primera Hora (Puerto Rico)Cecilia Alvear, NBC Network NewsAlfredo Araiza, Arizona Daily StarRogelio Aranda, The Charlotte ObserverRose Arce, CNNGustavo Arroyo, California State SenateJim Avila, ABC NewsNancy BacaGilbert Bailón, St. Louis Post-DispatchMargarita Bauza, Detroit Free PressGeraldine Berrios, Los Angeles Daily NewsMary Kay Blake, The Freedom ForumFrank Blethen, The Seattle TimesRay Bradford, American Federation of Televisionand Radio ArtistsYbeth Bruzual, Central Florida News 13 -TelemundoRomeo Cantu, KGBT-TV (Harlingen, TX)Alfredo Carbajal-Madrid, Al Día (Dallas)Jose Carreño, El Universal (Mexico City)Dora Casanova de Toro, La Prensa (Longwood, Florida)Nelson Castillo, Ivener & Fullmer, LLPDavid Cazares, South Florida Sun-SentinelSergio Chapa, KGBT-TV (Rio Grande Valley,Tx)Gary Clark, The Denver PostAngela Clemmons, The Denver PostYamila Constantino-Méndez, BloombergPeter Copeland, Scripps Media CenterAlfredo Corchado, The Dallas Morning NewsChristopher Crommett, CNN en EspañolLuis Cruz, KVBC-TV (Las Vegas)Carolyn Curiel, The New York TimesGeorge de Lama, Chicago TribuneManuel De La Rosa, KIII-TV (Corpus Christi, TX)Araceli De Leon, KWHY-TV (Glendale, CA)Frank del OlmoSam Diaz, SutherlandGold GroupCeleste Diaz Ferraro, Puerto Rico Federal AffairsAdministrationCharles Ericksen, Hispanic Link News ServiceVictor Escobedo, Cortazar (Fairfield, CA)Cathleen Farrell, Page One MediaMichele Fazekas, NBCLuis Alberto Ferre Rangel, El Nuevo Día (Puerto Rico)Angelo Figueroa, TuCiudad (Port Orange, Florida)Veronica Flores, San Antonio Express-NewsJuan Forero, National Public RadioDiana Fuentes, Laredo Morning TimesTania Fuentez, The Associated PressErnie Garcia, The Journal NewsVeronica Garcia, Los Angeles TimesEldra Gillman, CBS CorporationFrank Gómez, Educational Testing ServiceRaymond Gomez, KGNS-TV (Laredo, TX)Joe Grimm, Detroit Free PressLiza Gross, The Miami Herald

Hernan Guaracao-Calderon, Al Día (Philadelphia)Felix Gutierrez, USC Annenberg School ofJournalismJoanna Hernandez, The New York Times RegionalMedia GroupJodi Hernandez, KNTV/NBC 11 (San Jose, CA)Robert Hernandez, The Seattle TimesJorge Hidalgo, TelemundoJonathan Higuera, Arizona State UniversityCronkite School of JournalismMarina HinestrosaClaudia Hinojosa, KXTX Telemundo 39 (Dallas)Mark Hinojosa, Chicago TribuneMaite Junco, New York Daily NewsElio Leturia, Columbia College ChicagoMichael Limón, Salt Lake TribuneJacqueline Llamas Espinoza, KWHY-KVEATelemundo (Los Angeles)Anna Lopez, The National GEM ConsortiumDelton Lowery, The Fresno BeeRuben Luna, The Detroit NewsLavonne LuquisEdna Málaga, KSWT-TV CBS 13 (Yuma, AZ)Tony Marcano, National Public RadioRegina Medina, Philadelphia Daily NewsMekahlo Medina, KNBC-TV NBC 4 (Los Angeles)Ruth Merino, El Nuevo Día (Puerto Rico)Oralia Michel, OMAGEN Inc. Marketing & PublicRelationsWalter Middlebrook, The Detroit NewsSteve Montiel, Institute for Justice and JournalismAntonio Mora, WFOR-TV (Miami)Frank Moraga, Ventura County Star/Mi EstrellaIbra Morales, Telemundo Station GroupRosa Morales, Michigan State University School ofJournalismSylvia Moreno, The Washington PostMireya Navarro, The New York TimesEdna Negrón, The Ramapo College of New JerseyRafael Olmeda, South Florida Sun-SentinelLarry Olmstead, Leading Edge AssociatesRalph Ortega, Star-LedgerEdgar Ortega-Barrales, Bloomberg NewsMaria PadillaMinerva Perez, Minerva Perez Media LLCO. Ricardo Pimentel, Milwaukee Journal SentinelGary Piña, Fort Worth Star-TelegramDavid Plazas, The News-Press (Ft. Myers, FL)Fernando Quintero, Orlando SentinelMax Ramirez, Max Ramirez PhotographyGeorge RamosEli Reyes, NewsdayDiego Ribadeneira, The New York TimesDenice RiosRobert Rivard, San Antonio Express-NewsElaine Rivera, WNYC RadioFrances Robles, The Miami HeraldCindy Rodriguez, The Detroit NewsRick Rodriguez, Arizona State UniversityIván Román, National Association of HispanicJournalistsRossana Rosado, el diario/LA PRENSAAlbor Ruiz, New York Daily NewsInez Russell, The New MexicanMichele Salcedo, South Florida Sun-Sentinel

A n n u a l R e p o r t 2 0 0 7 11 11

M e d i a A d v o c a c y : N A H J a s a V o i c e f o r L a t i n o J o u r n a l i s t s

S c h o l a r s h i p s a n d E d u c a t i o n a l P r o g r a m s

Nancy San Martin, The Miami HeraldEvelyn Santa Cruz-Tipacti, PR NewswireRoberto Santiago, The Miami HeraldFernanda Santos, The New York TimesClemson Smith Muñiz, Smith Muñiz Productions, Inc.Dianne Solís, Dallas Morning NewsSheila Solomon, Chicago Tribune

Alicia Sotomayor Ernest Sotomayor, Columbia UniversityGraduate School of JournalismRafael Suarez, The NewsHour with Jim LehrerJohn Temple, Rocky Mountain NewsMercedes Torres, CNN Larry King LiveGeorge VazquezRicardo Vazquez, University of California

Verónica VillafañeRoberto Vizcón, GENTV (Miami)Xochitl Yañez, State Farm InsuranceJeorge Zarazua, San Antonio Express-News

AMIGOS – Thank you to all of our Amigos(Up to $1,000)This list may not be all-inclusive.

NAHJ in 2007 remained a strong voice forbetter news coverage and media access.Efforts ranged from writing a letter in favorof a strong federal shield law to HouseSpeaker Nancy Pelosi, to calling on networknews companies to improve their racial andethnic newsroom make ups.Some 2007 media efforts include:

• NAHJ called on Congress to once again reverse thedecision by the Federal CommunicationsCommission to allow media companies to ownnewspapers and television/radio stations in thecountry’s top 20 markets, a move that relaxed the30-year-old ban on newspaper-broadcast crossownership. The FCC’s move, NAHJ argued, opensthe door to increased media consolidation, the lossof more journalism jobs, and less diversity of voicestelling the news and serving the public interest.

• NAHJ also reiterates its position that the mediaownership rules should not be changed until anindependent task force examines the impact ofmedia consolidation on minority broadcastownership and recommends ways to reversethat decline.

“The system was already weighted againstminority ownership,” said NAHJ President RafaelOlmeda. "This decision is going to make it moredifficult than ever for people of color to enter intoone of America’s most exclusive clubs.”

• Past NAHJ President Juan Gonzalez testified onCapitol Hill against further media consolidation

until the Federal Communications Commission(FCC) addresses how to increase minoritybroadcast ownership. He spoke about how furthermedia consolidation would hurt journalism.Gonzalez addressed the House Subcommittee onTelecommunications and the Internet, which heldthe FCC oversight hearing on minority mediaownership. Gonzalez’s full testimony is availableat: http://energycommerce.house.gov/ cmte_mtgs/110-ti-hrg.120507.Gonzalez-testimony.pdf

With already shockingly low levels of minorityownership of media, compared to how people ofcolor comprise 35 percent of the U.S. population,Gonzalez presented a case for how further mediaconsolidation would worsen opportunities fordiverse ownership of television and radio stations,and newspapers.

Gonzalez said: “Some might ask why we asjournalists place so much emphasis on the racial andethnic composition of media owners. It’s simple.Direct experience has shown us that ownershipmatters when it comes to diversity in newsroomemployment and, more importantly, when it comesto a diversity of voices and meeting the news andinformation needs of minority communities.”

• NAHJ joined the National Association of BlackJournalists in condemning radio broadcaster DonImus for his offensive remarks made April 4about the Rutgers women’s basketball team,calling for his dismissal.

• NAHJ called on Congress in favor of HR 2102,The Free Flow of Information Act, which wouldcreate a qualified federal shield law, protectingjournalists from revealing confidential sourcesunder certain conditions.

• NAHJ expressed disappointment with the lack ofprogress made toward achieving diversity in thenation’s newsrooms. As pointed out in the 2007newsroom census released March 27 by theAmerican Society of Newspaper Editors (ASNE),minority representation in newsrooms slipped by0.25 percent, to 13.62 percent. The percentageof Latino journalists dropped from 4.51 percentto 4.41 percent.

“Our industry is in the midst of rapid change, butone thing remains the same,” said NAHJ PresidentRafael Olmeda. “Latinos continue to be severelyunderrepresented in the newsroom workforce.”

In 2007, for the first time, ASNE’s census includedjournalists working full-time online, an addition thatmakes it appear in the survey that newsroomsadded nearly 2,000 jobs. Including online journalistshelped the numbers for minorities, who make up 16percent of that sector, according to the survey.Without including online journalists, the picture forminority hiring and retention is even more bleak.

• NAHJ continued to call on newsrooms to useappropriate terms when it comes to immigrationcoverage. The use of “illegals” as a noun, forexample, dehumanizes people and furthermarginalizes Latino news coverage.

NAHJ continued to financially support andmentor the next generations of journalists,who promise to enter a multimedia age ofstorytelling better prepared.

Scholarships• The 18th Annual National Association of

Hispanic Journalists’ Scholarship Banquet washeld in New York City on March 1. This year weawarded $100,000 in new and $125,000 incontinuing scholarships, totaling more than$1.4million to 525 students in the 20 yearssince NAHJ began awarding scholarships.

The 2007 banquet also raised more than$170,000, which benefits NAHJ’s Rubén SalazarScholarship Fund and Educational Programs.The scholarship fund is named in honor ofjournalist Rubén Salazar who was killed in 1970

while covering the Chicano Anti-Vietnam WarMoratorium in East Los Angeles. Salazar was acolumnist for the Los Angeles Times and the newsdirector for the Spanish-language televisionstation KMEX at the time of his death.

Many in the 2007 class of scholarship recipients—who total 525 aspiring journalists since 1987—struggle daily through personal hardship to forgeahead with their commitment to journalism.The 2007 scholarship winners included studentswho slept on crowded floors with other immigrantsor in church attics when times got tough, and whoworked part-time or for free in televisionnewsrooms while putting themselves throughschool. They included those who worked as nanniesor in agricultural fields, who quit college to join theMarines after 9/11, and who fought to establishSpanish-language newspapers in their local Latinocommunities or their majority white college campus.

NAHJ was able to offer some of these scholarshipsin 2007 thanks to the generous personaldonations from María Elena Salinas, co-anchorof Noticiero Univisión and syndicated columnist,Geraldo Rivera, senior correspondent for FoxNews Channel, and grants from the SamuelNewhouse Foundation, the Ford MotorCompany, CNN, Univisión and TheWashington Post.

Since the association established its scholarshipand educational programs in 1987, NAHJ hasprovided financial assistance and/or training at itsannual conventions to more than 1,000 students.To join the growing list of more than 300individual supporters of NAHJ’s educational,professional development and advocacy programs,please go to www.nahj.org/supportnahj/25Fund/ 25fund.shtml

Amanpour, chiefinternationalcorrespondent for CNN,explained that the turmoilthat ensued from the 1979Islamic revolution in hernative country of Iran wasa call to her conscience.

“For me that was aturning point, and I quicklydecided to turn a sense of

loss, and a sense of failure really, into my drivingforce,” Amanpour told the 320 banquet attendees.

In her keynote address, the veteran journalist whohas covered wars and conflicts in places such as theBalkans and Iraq stressed the power of journalismand its ability to effect change.

“I think this is an incredibly noble profession. Whenit’s done well, it’s an incredibly important professionand it’s a profession that can truly, truly make adifference,” Amanpour said.

1 8 t h A n n u a l S c h o l a r s h i p B a n q u e t Keynote Speaker Christiane Amanpour

NAHJ and the National Association of HispanicPublications Foundation (NAHP Foundation) kickedoff the second year of its successful joint internshipprogram to support Latino journalism studentsinterested in careers at Hispanic or Spanish-languagemedia publications. Five students were selected tobe in the second class of the internship program inWashington, D.C., in the summer of 2007. Theinternships are sponsored by Ford Motor CompanyFund, the philanthropic arm of Ford MotorCompany.

Spanish-language publications often struggle withfinding staff or contributors who not only can writein Spanish, but who know the local community,know how the U.S. society, economy and politicalsystems work, and who are well versed in thepractices and resources available when doing U.S.-style journalism.

“Half of our student interns engaged in this programwere hired by our partner publications last year,” saidEddie Escobedo, Chairman of the Board of the NAHPFoundation. “Ford Motor Company Fund’s supportfor this outreach program is achieving its goals ofplacing aspiring Hispanic journalists in new careerpositions, improving our Hispanic publications withgood new writers and better informing ourcommunity with vibrant new reporters.”

• The New York Times Student Journalism Institute,an inaugural program with NAHJ, was held in

January at Florida International University in Miami.The Institute is a competitive, 10-day, hands-onjournalism residency program offered to aspiringreporters, editors and photographers who aremembers of the NAHJ. Students got to sharpentheir writing, reporting, editing and photographyskills while covering real stories in the Miami areaand working under actual newsroom deadlines.They learned from professional journalists from TheNew York Times, The Boston Globe and the TimesCompany's Regional Media Group.

• NBC Universal and NAHJ offered two students theopportunity to become NBC fellows in New YorkCity. Fellows had the opportunity to join one of thefollowing NBC News programs for the summer of2007: the Today Show, Nightly News with BrianWilliams, Dateline or one of NBC's local stations.Each student was given a stipend of $500 a week.

11 22 A n n u a l R e p o r t 2 0 0 7

E d u c a t i o n a l o p p o r t u n i t i e s

A n n u a l R e p o r t 2 0 0 7 1 3

The 25th annual convention of the NationalAssociation of Hispanic Journalists producedheadlines around the country, offered attendees theskills essential for journalists of the future, andcelebrated a quarter century of accomplishments byLatino journalists. Some 1,300 journalists participatedin San Jose, California from June 13-16, 2007.

California Governor Arnold Schwarzenegger madenews right at the start of the four-day event whenduring the opening plenary, responding to a questionabout how to help struggling students, he said theyshould “turn off the Spanish television set. It’s thatsimple. You’ve got to learn English.” That remark setoff a debate with NAHJ taking the position that thegovernor made a good point – poorly.

The highlights for the 2007 convention, themed“NAHJ@25: Building Today, Shaping Tomorrow”,also included lively discussions about immigration;news coverage in Latin America; Ken Burns’omission of Latinos in his WWII documentary; thesurge in hate speech and violence against Latinos tiedto immigration; and the clash between journalists andofficers of the Los Angeles Police Department at animmigration rally May 1st. Confronted by journalistsand immigration leaders who were at the rally, LosAngeles Police Chief William Bratton did not offerexcuses for the officers’ behavior to the room packedwith journalists and acknowledged that a lot “wentwrong.”

Just days before acompromise onimmigration reform failed inthe U.S. Senate, U.S. Secretaryof Commerce Carlos Gutierrez flewto San Jose to stress to the hundreds of journalistsat the convention that the administration’s proposedfixes to the current immigration system are essentialto maintain the country’s position in a globaleconomy.

Besides hearing from some of the day’s topnewsmakers, convention registrants learned abouteverything from managing in constantly changingnewsrooms to improving your voice and on-airpresentation to financial literacy for journalists. Butamong the biggest hits were the 16 multimediatraining sessions sprinkled throughout theconvention where latecomers sitting on the floormade standing-room-only impossible, and even morecrammed the doorways to watch and participate.

“I wasn't surprised at all by the popularity of themultimedia/online workshop sessions, because ourindustry is in the midst of an incredibletransformation. I was heartened at the enthusiasmthe participants showed—everyone was excited tolearn about how to apply and adapt newtechnologies to journalism,” said workshop presenterAmy Webb, President, Webbmedia Group, LLC., adigital media consulting/ training firm.

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11 44 A n n u a l R e p o r t 2 0 0 7

Robert Lopez, an investigative reporter at The LosAngeles Times, was one of those enthusiasticparticipants. “The strongest message that I tookaway is that you shouldn’t wait for somebody atyour news organization to teach you these skills,you should try to develop the skills on your own,’’said Lopez. “It was a really learning convention forme, but a great social time too.”

We had fun at the San JoseConvention, tooNAHJ officially kicked off the convention with theopening plenary followed by the opening receptionat the San Jose Museum of Art with cocktails, musicand dancing to the funk, salsa, cumbia, norteña andblues of Juan Escovedo and Tortilla Soup. Otherspecial events included a screening of “The HungryWoman/La Mujer Hambrienta,” a film set in amigrant camp inspired by a true story, followed by ahot after party. And at the Noche de Fiesta @ TheMexican Heritage Plaza, hundreds of people nibbledon Mexican food and some mole tasting, sipped alot during the tequila and wine tasting, howled withlaughter when the comedians took the stage,including headliner Bill Santiago, and sang alongduring the mariachi karaoke, when attendees beltedout rancheras backed by Mariachi Azteca.

More than 100 recruiters attended the conventionto meet with job candidates.

This year’s convention experienced anunprecedented $805,000 in support from sponsors.By making it a competition among local televisionand media companies, the third annual NAHJ GolfTournament netted $13,500, the most ever, whichgoes to benefit the association’s Ruben SalazarScholarship Fund.

Fifty-five students also benefited from theconvention’s focus on multimedia skills. For the firsttime, in addition to producing their respectivepublications or radio and television programs, theonline, print, TV and radio students worked acrossmedia platforms in a lesson on convergence that

has earned high praise from many of theprofessionals there. To view the students’ work, goto http://joomla.latinoreporterdigital.org/“When news organizations say there are notenough talented Latino applicants out there I willthink back to this convention and know they arewrong,” said CNN senior producer Rose Arce,adding that she returned to her newsroom “hyperfocused on quality.”

A reunion of NAHJ founders andalumni at the ConventionThis silver anniversary year in San Jose, the annualconvention “reunion” took on a new meaning witha reception for founders and "alumni" of NAHJstudent projects and scholarships.

The event served as a springboard for the proposedNAHJ alumni association and gave NAHJ PresidentRafael Olmeda the opportunity to thank the menand women who met in 1982 in San Diego toestablish the national organization that is now morethan 2,100 members strong.

"I participated in every convention since theinaugural one in ‘82 when my hair was brown. Theincreasing depth of the new breed both in expertiseand commitment is wonderfully scary. But I stillbelieve us old timers were better drinkers," saidCharlie Ericksen, one of NAHJ’s founders.

NAHJ Hall of Fame, now an honorroll of 19, grows at the ConventionNAHJ paused the final night of the convention torecognize its 2007 Hall of Fame Honorees CeciliaAlvear, Rigo Chacón and George Ramos duringthe 25th Anniversary Celebration Gala.

“That first conference was unique and exciting to be apart of,” Ramos, a former Los Angeles Times reporterRamos and founding member of NAHJ, told the LatinoReporter at the convention. “We had Puertorriqueñosfrom New York, Cubanos from Miami, Tejanos fromTexas and Chicanos from California all in one place. Itmade sense to start a national group.”

A n n u a l R e p o r t 2 0 0 7 1 5

First National Hispanic MediaConference of journalists working in

both mainstream and Spanish-language newsoperations takes place in San Diego. About 300attend.

With a $50,000 grant from the GannettFoundation, NAHJ files its articles of

incorporation, sets up an interim headquarters in LosAngeles and becomes the country’s first nationwideorganization dedicated to Hispanic journalists.

NAHJ holds its first solo convention forjournalists in San Francisco. It is called

the 8th annual convention. NAHJ’s first executivedirector, Frank Newton, is recognized for his yearsof service.

NAHJ releases the first “NetworkBrownout: The Portrayal of Latinos in

the Network” report. Findings show that of 12,000stories on NBC, CBS and ABC’s television newsprograms the previous year, only 121 — barely 1percent — focused on Latinos or Latino issues.

NAHJ creates its Hall of Fame. RubénSalazar, Sylvan Rodriguez and Elma

Barrera are the first inductees.

NAHJ launches the Parity Project at theRocky Mountain News in Denver. The

number of minority news professionals there jumpsfrom 8.5 percent to 11.6 percent. By December, fiveother newspapers join the program. The next year, theRobert R. McCormick Tribune Foundation awards a $1million grant to NAHJ to expand the Parity Project.

NAHJ sets up and funds its firstmultimedia lab at the convention to

train members in multimedia storytelling,podcasting, audio and video feeds, and other skillsessential for journalists in the digital age.

NAHJ releases results of first ever magazine study,which examined coverage of Latinos by Time,Newsweek and U.S. News & World Report.Findings: just 1.2 percent of stories in 2005 werepredominantly about Latinos.

NAHJ celebrates 25 years of workingfor better journalism.

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In her acceptance speech at the convention, Alvearsaid: “What I cannot fail but notice at this point isthat Rigo, George and I, by entering journalismwhen we did in fact, ended the “apartheid” thatexisted in the media. There were no people withnames like Chacón, Ramos or Alvear then. There arenow. We have come a long way but still have a longway to go.’’

A 25th Anniversary Fund to keepNAHJ strongTo commemorate its 25th Anniversary, NAHJ in 2007created the 25th Anniversary Fund seeking to raise$250,000 from members and supporters by December31, 2008. The money will be used for scholarships,student and mid-career training, the fight towardbetter coverage for Latinos and NAHJ’s Parity Project.These are just some of the many projects NAHJ isworking on to make our news industry stronger andmore representative of all people.

Each person who donates $2,500 or more will berecognized as a 25th Anniversary Angel. In addition,they will automatically become a Lifetime Memberof NAHJ. The first 25 people who donated $2,500or more were also offered a complimentaryregistration to the 2008 UNITY: Journalists of ColorConvention in Chicago, July 23-27, 2008.NAHJ would like to thank the individuals whostepped up to the challenge already and became25th Anniversary Angels:• Gloria Campos, News Anchor, WFAA-TV (Dallas)• Christopher Crommett – Senior Vice President,

CNN en Español• Vince Gonzales• Jodi Hernandez, KNTV NBC 11 (San Jose, CA)• Lavonne Luquis• Rafael Olmeda, Early Online Editor, South Florida

Sun-Sentinel• Minerva Perez, Minerva Perez Media LLC• Diego Ribadeneira, Assistant Metro Editor, The

New York Times• Elizabeth Zavala, Deputy City Editor, Fort Worth

Star Telegram

AwardsThe 22nd Annual Noche deTriunfos Journalism Awards Galawas held on October 4, 2007 atthe Capital Hilton in Washington,D.C.

NAHJ honored work submitted in14 categories and also picked fivewinners of the ñ Awards—theassociation’s highest honors. More than half of the winningstories focused on immigrants,while the others took on subjectsranging from a documentary aboutthe effect California’s rural gangshad on Latino families to a series ofcolumns about Latinos living in theDeep South. Other work includedan investigation on once secret U.S.plans to invade Mexico duringWorld War II, a woman’s nightmare

of sexual abuse on both sides ofthe border, and an exploration ofcross-border grassroots projects tofight AIDS.

Immigration coverage, however,was definitely the star. Some of thewinners at the National Associationof Hispanic Journalists’ 2007Awards gala took the stage tothank hard-working parents andabuelitas, some of whom hadentered the United States illegally.During this special evening, therejection and hatred oftenexpressed in the media againstthem, their families and peoplewho look like them became a bigpart of the evening.

Many of the two dozen winnerssaid the anti-immigrant and anti-

Latinostatementstoo commontoday inspired theirwork being honored that evening,and motivated them to do morejournalism to counter the hate andincrease understanding.

Of the 30 journalists recognized,Rebecca Aguilar has emerged asthe most talked about winner sinceher Oct. 15 suspension by KDFW-TV Fox 4 in Dallas for a follow-upinterview of a 70-year-old man whoshot and killed two burglars in twoseparate incidents.

Some bloggers applauded themove after calling her interview an“ambush,” while NAHJ criticizedthe station for letting itself be

I n O t h e r 2 0 0 7 N A H J N e w s

1 6 A n n u a l R e p o r t 2 0 0 7

unduly influenced by certaincommunity interests and has calledfor her reinstatement for the sakeof good journalism.

The Emmy-award winningjournalist was named TexasReporter of the Year two years agoby the Associated Press. Inaccepting the ñ Award forBroadcast Journalist of the Year,Aguilar said: “I don’t want to startcrying. Yeah, I won a lot of awardsbut this one means a lot. I’m goingto be 50 years old this year. I’veseen a lot of women come and go.We watch the network and we stilldon’t have enough of us.”

Fox News Channel’s GeraldoRivera urged his colleagues tomaintain high journalisticstandards, and not to blindlyconnect illegal immigration tospikes in crime, as some in themedia have done recently. “Don’tlet that linkage be made ifunproven. Don’t let the traditionalrules of journalism be abrogated…have the courage to stand up,”Rivera said to applause.

Along those same lines, theaudience also heard fromMaggie Rivas-Rodriguez,winner of the Leadership Award.She made headlines for helpinglead a grassroots campaign for

meaningful inclusion of Latinos inKen Burns’ documentary onWorld War II, which aired on PBSlast month. “We shouldn’t have to, on a dailybasis, open a newspaper and seeanother insult, or watch atelevision broadcast and beinsulted again. That shouldn’t bepart of our daily lives as Latinos,but it is,’’ said Rivas–Rodriguez,an associate professor at theUniversity of Texas at Austin anda founding member of NAHJ.

Once part of NAHJ’s annualconvention, the Noche deTriunfos Journalism Awards galahas become the organization’ssignature event in Washington,D.C. during Hispanic HeritageMonth. Individual ticket salesincreased over previous yearsthanks to interest from sisterHispanic organizations and fromWashington-based journalists.

Another special award thatevening, the Guillermo Martínez-Márquez Award for LatinAmerican Reporting, was declareda tie. Esmeralda Bermudez ofThe Oregonian was cited for herfascinating story following adeported family back toGuatemala, a homeland some ofthem don’t really know. CarmenEscobosa, producer and reporter

of Punto Fronterizo, aninvestigative mtelevision programbased in San Diego and BajaCalifornia, won for her showabout cross-border collaborationefforts to curb the spread of AIDS.

This year’s $250 cash prizes foreach were doubled to $500thanks to Kenn Altine, Directorof Editorial ProfessionalDevelopment for HearstNewspapers, who was moved thatevening to make the donation.

“We need to recognize goodwork in this industry because it’sso vital,” Altine said.

NAHJ’s Local ChaptersGrew in 2007NAHJ is slowly shifting from aregional to a more local, chapter-based association. While the NAHJregions encompass several states,the new chapters represent justone city or one state.

By the end of 2007, there were12 professional chapters: Atlanta,Charlotte, Denver, Network ofHispanic Communicators(Dallas/Fort Worth), New Mexico,North Carolina Triangle/Raleigh,Northern New Jersey, Oklahoma,Orlando/Central Florida, RioGrande Valley, Southwest Floridaand Washington, DC.

There were also at least 12 studentchapters, with others in theprocess or forming. They include:Brooklyn College, FloridaInternational University, LehmanCollege, Northwestern University,Syracuse University, Texas StateUniversity, University of Arizona,University of California LosAngeles, University of IllinoisUrbana-Champaign, University ofIllinois Urbana-Champaign,University of Puerto Rico,University of Texas at El Paso.

Dianne Solis, a senior writer for The Dallas Morning News and thewinner of the Frank del Olmo Print Journalist of the Year Award,quoted Gary D. during her acceptance speech during the 22ndAnnual Noche de Triunfos gala.

“He never gave me his surname,” said Solis, addressing a crowdof nearly 275 at the Capital Hilton Oct. 4, 2007. “He just wroteme a very angry email. I’ll read you a small portion of it: ‘It’s timeto collect the illegal immigrants and return them to their owncountry. I could care less about these cockroaches.’ ”

To Gary D., Solis said: “you inspired me to work harder, to thinktougher and to very simply write.”

A n n u a l R e p o r t 2 0 0 7 11 77

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AARP Segunda JuventudABC NewsAmtrakAnheuser-BuschAnnie E. Casey FoundationBeloBloomberg NewsBoyd Gaming CorporationCBS NewsChryslerCiscoCNNCoca-Cola North AmericaComcastCon EdisonContinental AirlinesCox EnterprisesDini Films Internationalel diario/LA PRENSAEmpire Maintenance ServicesESPNFedExFirst Rate CapitalFord Motor Company

Fox News ChannelFreddie MacGannett FoundationHarrah's EntertainmentHBOHearst NewspapersHeineken USAHewlett-PackardKGO ABC 7KNTV NBC 11KPIX CBS 5KSTS Telemundo 48KTVU Fox 2MCMMGM MirageMicrosoftNational Education AssociationNational Public RadioNBC 4 Telemundo 47NBC UniversalNew York Daily NewsNewsdayNY 1 NoticiasOnStar

Pacific Gas and Electric CompanyPeople en EspañolPR NewswirePrudential FinancialSan Francisco ChronicleSan Jose Mercury NewsState Farm InsuranceThe California WellnessFoundationThe E.W. Scripps CompanyThe McClatchy CompanyThe New York TimesThe Philadelphia Inquirer andDaily NewsThe Star-LedgerThe Walt Disney CompanyThe Washington PostToyota Motor Sales, USA Inc. U.S. ArmyUnivision Communications, Inc. Verizon CommunicationsWABC-TVWalt Disney World ResortWestern Union

T h a n k Y o u t o 2 0 0 7 S p o n s o r s

The following corporate partners sponsored the NAHJ Scholarship Banquet,

Convention and/or Journalism Awards Gala in 2007. Their support speaks volumes

about their commitment to our mission of increasing the presence and influence of

Latinos in U.S. newsrooms. ¡Muchísimas Gracias!

A n n u a l R e p o r t 2 0 0 7 1 9

A c c o u n t a n t s ’ C o m p i l a t i o n R e p o r t

Board of DirectorsNational Association of Hispanic Journalists

We have compiled the accompanying financial statements for the NationalAssociation of Hispanic Journalists (NAHJ) as of December 31, 2007 in accordancewith Statements on Standards for Accounting and Review Services issued by theAmerican Institute of Certified Public Accountants.

A compilation is limited to presenting in the form of financial statementsinformation that is the representation of management. We have not audited orreviewed the accompanying financial statements and, accordingly, do not express anopinion or any other form of assurance on them.

For interim reporting purposes only, management has elected to omit substantiallyall of the disclosures and the statement of cash flows required by generally accepted accountingprinciples. If the omitted disclosures and statement of cash flows were included in the financialstatements, they might influence the user's conclusions about NAHJ’s financial position, changes in netassets, and cash flows. Accordingly, these financial statements are not designed for those who are notinformed about such matters.

We are not independent with respect to the National Association of Hispanic Journalists.

October 31, 2008 HALT, BUZAS & POWELL, LTD.

22 00 A n n u a l R e p o r t 2 0 0 7

N A H J B a l a n c e S h e e t

December 31, 2007

Assets

Current Assets

Wachovia Bank - Checking 80,422.11 Wachovia Bank - Money Market 52.27 Smith Barney - General Fund 32,268.30 Smith Barney- Scholarship Fund 154,845.54 Smith Barney - Endowment Fund 168,603.14 Smith Barney - Reserve Fund 72,422.18 Bank of America - Checking 5,935.52 Security Deposit 4,542.32 Prepaid Expenses 33,837.73 Accounts Receivable 179,734.60

Total Current Assets 732,663.71

Fixed Assets

Computer Equipment 28,796.57 Furniture & Fixtures 28,183.99 Computer Software 9,573.00 A/D Computer Equipment (22,246.80)A/D Furniture & Equipment (22,001.54)A/D Computer Software (9,209.83)

Total Fixed Assets 13,095.39

Total Assets 745,759.10

Liabilities & Fund Balance

Current Liabilities

Accounts Payable 16,027.26 Accrued Vacation 25,381.22 Accrued Expenses 8,513.00 Chapter Payables 21,945.61 Deferred Revenue 51,187.50

Total Current Liabilities 123,054.59

Fund Balance

Unrestricted Fund Balance 150,437.27 Temporarily Restricted Fund Balance 526,343.75 Restricted Fund Balance 114,924.04 Net Income (Loss) (169,000.55)

Total Fund Balance 622,704.51

Total Liabilities & Fund Balance 745,759.10

A n n u a l R e p o r t 2 0 0 7 22 11

N A H J S t a t e m e n t o f R e v e n u e a n d E x p e n d i t u r e s

For the Twelve Months Ending December 31, 2007

YTD Actual Yearly Budget Variance01/07 - 12/07 01/07 - 12/07Revenue

Membership Dues 44,257.50 43,200.00 (1,057.50)Donations 107,642.96 218,000.00 110,357.04 Grants 220,250.00 237,500.00 17,250.00 Sponsorships 1,079,500.00 940,000.00 (139,500.00)Program Revenue 449,809.70 570,000.00 120,190.30 Other Income 36,711.30 21,000.00 (15,711.30)

Total Revenue 1,938,171.46 2,029,700.00 91,528.54

Expenses

Salaries & Wages 510,421.99 583,500.00 73,078.01 Fringe Benefits 65,674.96 93,200.00 27,525.04 Office Rent & Maintenance 107,929.54 116,500.23 8,570.69 Accounting, Payroll & Auditing 106,614.31 84,000.00 (22,614.31)Legal & Investment Management 3,015.42 8,000.00 5,384.58 Subscription, Publication & Fees 17,311.87 26,950.00 9,638.13 Audio & Visual Expenses 146,323.50 160,500.00 14,176.50 Convention & Meeting Expenses 497,783.56 439,200.00 (51,583.56)Consultant Fees & Expenses 71,596.50 55,000.00 (16,596.50)Charges, Interest & Penalties 18,574.41 33,900.00 15,325.59 Depreciation Expenses 9,172.86 0.00 (9,172.86)Insurance 3,756.86 11,100.00 7,343.14 Equipment Rental & Maintenance 6,250.20 8,000.09 1,749.89 Office Supplies & Furniture 13,479.10 14,600.00 1,120.90 Telecommunications & Internet 46,997.18 34,500.00 (12,497.18)Postage & Shipping 20,194.67 29,375.00 9,180.33 Printing & Design 66,003.48 74,500.00 8,496.52 Travel & Lodging 128,810.40 148,964.00 20,153.60 Scholarships, Awards & Stipends 219,721.92 197,450.00 (22,271.92)Employer Tax Expense 41,132.58 45,507.02 4,674.44 Miscellaneous Expenses 6,406.70 2,379.00 (4,027.70)

Total Expenses 2,107,172.01 2,167,125.34 67,653.33

Net Income (Loss) (169,000.55) (145,125.34) 23,875.21

For the Twelve Months Ending December 31, 2007

Operating Fund Scholarship Endowment Total

Beginning Balance $152,256 $529,731 $109,716 $791,703

Net Income (Loss) $(128,825) $(42,992) $2,818 $(168,999)

Ending Balance $23,431 $486,739 $112,534 $622,704

22 22 A n n u a l R e p o r t 2 0 0 7

N A H J Statement of Revenue and Expenditures(with Adjustments) For the Twelve Months Ending December 31, 2007

YTD Actual Yearly Budget Variance01/07 - 12/07 01/07 - 12/07

RevenueMembership Dues 44,257.50 43,200.00 (1,057.50)Donations 107,642.96 218,000.00 110,357.04 Grants 220,250.00 237,500.00 17,250.00 Sponsorships 1,079,500.00 940,000.00 (139,500.00)Program Revenue 449,809.70 570,000.00 120,190.30 Other Income 36,711.30 21,000.00 (15,711.30)

Total Revenue 1,938,171.46 2,029,700.00 91,528.54

ExpensesSalaries & Wages 510,421.99 583,500.00 73,078.01 Fringe Benefits 65,674.96 93,200.00 27,525.04 Office Rent & Maintenance 107,929.54 116,500.23 8,570.69 Accounting, Payroll & Auditing 106,614.31 84,000.00 (22,614.31)Legal & Investment Management 3,015.42 8,000.00 4,984.58 Subscription, Publication & Fees 17,311.87 26,950.00 9,638.13 Audio & Visual Expenses 146,323.50 160,500.00 14,176.50 Convention & Meeting Expenses 497,783.56 439,200.00 (58,583.56)Consultant Fees & Expenses 71,596.50 55,000.00 (16,596.50)Charges, Interest & Penalties 18,574.41 33,900.00 15,325.59 Depreciation Expenses 9,172.86 0.00 (9,172.86)Insurance 3,756.86 11,100.00 7,343.14 Equipment Rental & Maintenance 6,250.20 8,000.09 1,749.89 Office Supplies & Furniture 13,479.10 14,600.00 1,120.90 Telecommunications & Internet 46,997.18 34,500.00 (12,497.18)Postage & Shipping 20,194.67 29,375.00 9,180.33 Printing & Design 66,003.48 74,500.00 8,496.52 Travel & Lodging 128,810.40 148,964.00 20,153.60 Scholarships, Awards & Stipends 219,721.92 197,450.00 (22,271.92)Employer Tax Expense 41,132.58 45,507.20 4,374.62 Miscellaneous Expenses 6,406.70 2,379.00 (4,027.70)

Total Expenses 2,107,172.01 2,167,125.52 59,953.51

Net Income (Loss) (169,000.55) (137,425.52) 31,575.03

Adjustments:Expenses paid by Scholarship Account Funds in 2007, but previously received and recorded as revenue in previous years:

Student/Mentor Lodging Student Programs2007 Convention 32,400.00 32,400.00Geraldo Rivera Scholarship 5,000.00 5,000.00CNN Scholarships 101,400.00 105,000.00Second payment of Newhouse Scholarships 10,000.00Continuing payments of Wash Post scholarships 5,000.00

Total Adjustments 153,800.00 142,400.00

Net Income (Loss) after Adjustments** $(15,200.55) 4,974.48

**Information on these adjustments presented by association management to more clearly reflect the pattern of revenues and expensesfor 2007 and the end result for the year.

National Association of Hispanic Journalists

A n n u a l R e p o r t 2 0 0 7 22 33

N A H J B o a r d o f D i r e c t o r s

N A H J S t a f f

PRESIDENTRafael Olmeda Early Online EditorSouth Florida Sun-Sentinel

VICE-PRESIDENT, BROADCASTManuel De La Rosa ReporterKIII-TV, Corpus Christi, TX

VICE-PRESIDENT, PRINTCindy Rodriguez Freelance WriterNew York City

SECRETARYElizabeth ZavalaDeputy City EditorFort Worth Star-Telegram

FINANCIAL OFFICERDiego RibadeneiraAsst. Metro EditorThe New York Times

GENERAL AT-LARGE OFFICERGary Piña News Editor/Page DesignerFort Worth Star-Telegram

SPANISH AT-LARGE OFFICERClaudio Alvarez-DunnJefe de RedacciónPrimera Hora, Guaynabo, PR

ONLINE AT-LARGE OFFICERRobert HernandezNews ProducerThe Seattle Times

REGION 1 DIRECTOR (Puerto Rico, Mexico, Virgin Islands) José Enrique Maldonado EditorEl Nuevo Día, San Juan, PR

REGION 2 DIRECTOR (Conn.,Maine, Mass., N.H., N.Y., N.J.,R.I., Vt.)Hugo Balta News DirectorWNJU/Telemundo 47, Fort Lee, NJ

REGION 3 DIRECTOR (Del., Ky.,Md., Pa., Va., W.Va., D.C.) Regina Medina ReporterPhiladelphia Daily News

REGION 4 DIRECTOR (Ala., Fla.,Ga., Miss., N.C., S.C., Tenn.) Roberto Santiago Senior Staff WriterThe Miami Herald

REGION 5 DIRECTOR (Ark., La.,Okla., Texas)Gustavo Reveles Acosta Education ReporterEl Paso Times

REGION 6 DIRECTOR (Ill., Ind.,Iowa, Kan., Mich., Minn., Miss.,Mo., Neb., N.D., Ohio, S.D., Wis.) Brandon A. BenavidesNews ProducerKSTP-TV/5 Eyewitness News, Saint Paul, MN

REGION 7 DIRECTOR (Ariz., Colo.,Nev., N.M., Utah, Wyo.)Elizabeth Aguilera Business ReporterThe Denver Post

REGION 8 DIRECTOR (Alaska,Calif., Hawaii, Idaho, Ore., Wash.) Veronica GarciaCopy EditorLos Angeles Times

STUDENT REPRESENTATIVEAisha Al-MuslimEditor-in-ChiefMeridian, “The Student Voice ofLehman College,” Bronx, NewYork

Executive DirectorIván Román

Executive AssistantYaneth Guillen

Development DirectorAzuree Salazar

Parity Project DirectorKevin Olivas

Parity Project Associate DirectorMichele Gonzalez

Membership and Chapter ManagerClaudia Araujo

Program AssistantVirginia Galindo

Educational Programs AssistantRoshanna Charner

National Association of Hispanic Journalists

1000 National Press Building 529 14th Street, NW, Washington, DC 20045

Tel: 202.662.7145 • Fax: 202.662.7144 nahj@nahj.org • www.nahj.org