Colorado Public Radio has a vision to be the state's top, free news source. Getting there has created some controversy.
Colorado Public Radio has a vision to be the state's top, free news source. Getting there has created some controversy. Colorado Public Radio secured a new $8 million building in Denver for its newsroom and broadcasts, but recently laid off a handful of employees. Colorado Public Radio is one of the state’s top news organizations, but it has become subject to outside media coverage this year with layoffs, the purchase of a new building and a legal complaint from a former host.
But Vanderwilt says the decision wasn’t purely financial or directly tied to the listening numbers of its podcasts. According to Vanderwilt, the new building is needed to provide a home for the radio signal, which is currently based in Centennial, and the newsroom, which has been located inVanderwilt came to CPR in 2018 and says it didn’t take long to realize that having the newsroom in Centennial was inefficient, because people didn’t want to come there for interviews and reporters had to trek back and forth between the newsroom and the capital city constantly.
There will be no such anxiety for events at the new CPR HQ. The 72,000-square-foot building was originally built for IBM in 1959 and once served as the home of the. It was last renovated in 2020, but CPR plans more renovations before moving in. The current timeline is about two years: one year to ask staff and audience what they would like to see from the space while CPR works on construction permitting, and another year for renovation construction.
In 2023, CPR spent a little over $2 million compensating officers, directors, trustees, key employees and highest-paid employees, and spent over $20 million overall on salaries and other compensation for staff in 2023. It had nearly $4 million in fundraising expenses to make $29.6 million in contributions and grants. Vanderwilt's base take-home pay in 2023 was $346,162; he also earned a $13,843 bonus.
Vanderwilt admits there's a ceiling, and says he's approaching financial and strategical decisions through the lens of the organization’s mission and values., are that CPR will be creative, curious, ethical, inclusive and respectful — but in charges against CPR filed by former host Vic Vela, those values are under the microscope.Vela worked at CPR for nearly a decade as a radio and podcast host before being fired in January.
Vela says he told a vice president “the last thing I want to do is go running to the crack house right now.” Vela says he didn’t receive that support. He says he felt stonewalled and hurt by the lack of response from the organization, and that filing this charge as a continuation of his work to destigmatize addiction.
Stewart Vanderwilt Vic Vela New Building Layoffs
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