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Association Facing Financial Woes


The National Association of Black Journalists is in financial trouble, reports the Huffington Post. The NABJ ran a deficit of $227k last year and the organization, the oldest and largest minority-journalism group, told its members last month that it’s going to end 2015 even deeper in the red. The group cut three executive positions, including executive director Darryl Matthews, and hired executive consultant Drew Berry to run operations. It’s also sold off several investments and adopted zero-based budgeting. It’s also considering closing its College Park, MD, office (above). The organization is holding its 40th anniversary celebration on Saturday in DC. [HP]