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Crushed by debt, Cleveland Urban League will close (Bailout No Doubt Coming)
The Columbus Dispatch ^
| May 19, 2009
| NA
Posted on 05/19/2009 3:27:26 PM PDT by buccaneer81
Crushed by debt, Cleveland Urban League will close Tuesday, May 19, 2009 4:57 PM
CLEVELAND -- The Urban League of Greater Cleveland says it has lingering debt and will close after 92 years of serving the city's inner-city residents and businesses.
It is suspending services Friday and closing on May 29. The agency's 15 full-time employees are losing their jobs.
Chief Executive Officer Johnathan Holifield says the affiliate of the National Urban League has $2.75 million in debt, mostly on the purchase of its headquarters in 2002. He says that makes the nonprofit organization unable to run its programs to develop literacy, job skills and economic opportunities.
Holifield says he doesn't know of any other city where the Urban League is in a similar situation.
TOPICS: Culture/Society; News/Current Events; Politics/Elections; US: Ohio
KEYWORDS: cleveland; urbanleague
To: buccaneer81
Never been a better time in this country for liberal organisations to declare bankruptcy. Come and get it!
2
posted on
05/19/2009 3:29:14 PM PDT
by
mrsmel
(Put the Gitmo terrorists near Capitol Hill.)
To: TonyRo76; Las Vegas Dave
3
posted on
05/19/2009 3:29:44 PM PDT
by
buccaneer81
(Bob Taft has soiled the family name for the next century.)
To: buccaneer81
Johnathan Holifield says the affiliate of the National Urban League has $2.75 million in debt, mostly on the purchase of its headquarters in 2002. Never buy what you can't afford.
4
posted on
05/19/2009 3:29:52 PM PDT
by
Islander7
(If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
To: Islander7
Never buy what you can't afford. Like banks, Detroit auto makers and ACORN?
5
posted on
05/19/2009 3:31:08 PM PDT
by
buccaneer81
(Bob Taft has soiled the family name for the next century.)
To: buccaneer81
Well, OK then!! Guess we’re done here! Good job, everyone! Last one out please turn off the lights.
To: buccaneer81
Well, OK then!! Guess we’re done here! Good job, everyone! Last one out please turn off the lights.
To: mrsmel
Urban League is not thought of as a “Liberal Organization”.
8
posted on
05/19/2009 3:32:22 PM PDT
by
muawiyah
To: perchprism
Darn it. That’s the first time I’ve ever double-posted.
To: perchprism
I double post all the time!
To: perchprism
I double post all the time!
To: muawiyah
But in Cleveland it sure is!
12
posted on
05/19/2009 3:41:21 PM PDT
by
netmilsmom
(Psalm 109:8 - Let his days be few; and let another take his office)
To: buccaneer81
|
"92 years of serving the city's inner-city residents and businesses.. programs to develop literacy, job skills and economic opportunities." As big a failure as failure can be.
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To: netmilsmom
14
posted on
05/19/2009 3:44:15 PM PDT
by
muawiyah
To: muawiyah
15
posted on
05/19/2009 3:46:22 PM PDT
by
netmilsmom
(Psalm 109:8 - Let his days be few; and let another take his office)
To: buccaneer81; ADemocratNoMore; Akron Al; arbee4bush; agrace; ATOMIC_PUNK; Badeye; Bikers4Bush; ...
Ohio Pings!
To be added to the Ohio Ping List, please freepmail (works best)
both TonyRo76 and LasVegasDave.
17
posted on
05/19/2009 4:41:29 PM PDT
by
Las Vegas Dave
("Thou shalt not speak ill of any fellow Republican." - Ronald Reagan)
To: buccaneer81
I wonder what the goals of the League were 100 years ago, and what they are now. I'll bet they are quite different.
18
posted on
05/19/2009 5:56:40 PM PDT
by
Mikey_1962
(Obama: The Affirmative Action President)
To: buccaneer81
I don’t even know what they do here in Cleveland. Lots of wasted money is my guess on this deal.
To: Las Vegas Dave
Just how does a nonprofit get to be 2 million in debt?
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