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Jesup Memorial Library

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010214017 ✦ Bar harbor, ME ✦ Designated as a 501(c)(3)

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Overview

What is Jesup Memorial Library?

Jesup Memorial Library is a vital community hub, offering an extensive collection of resources for its patrons. With over 39,000 physical books in its permanent collection, along with 23,000 digital books and audiobooks, 1,000 books on CD, and 1,200 movies on DVD, the library caters to various reading preferences. Its mission is to serve as a bridge between individuals and knowledge, fostering a culture of learning and connection within the community. The library's digital offerings extend accessibility, allowing patrons to download books and audio content at their convenience.


Official website here: www.jesuplibrary.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Jesup Memorial Library has achieved a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The rating is primarily based on the library's strong performance in governance, featuring a fully independent board and no material diversion of assets, which indicates a high level of integrity in its operations.

The library's financial metrics are generally positive, with a low liabilities-to-assets ratio and high working capital, suggesting a stable financial position. However, the library's program expense ratio is notably low at 53.70%, which may raise questions about the proportion of funds allocated to direct programming versus administrative and fundraising costs.

Overall, while Jesup Memorial Library demonstrates strong governance and financial accountability, the lower program expense ratio may warrant further scrutiny for those concerned about the efficiency of its spending on programs versus overhead.


This AI summary has been generated from information found on Charity Navigator.

Is Jesup Memorial Library legitimate?

Jesup Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jesup Memorial Library submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $94,750
Other Salaries and Wages: $460,688

For more financial information, click here


Official website here: www.jesuplibrary.org

What is the mission statement of Jesup Memorial Library?

Jesup Memorial Library's mission is centered around serving as a community connector. With a vast collection of over 39,000 physical books, 23,000 digital books and audiobooks, 1,000 books on CD, and 1,200 movies on DVD, the library aims to provide a comprehensive resource for its patrons. Its primary goal is to offer a public library service, fostering knowledge and connection within the community. The library's mission is to make this resource accessible, fostering a learning environment and promoting community engagement.


Official website here: www.jesuplibrary.org

Who is the CEO of Jesup Memorial Library?

John Brown is the Chairman of Jesup Memorial Library.


Official website here: www.jesuplibrary.org

What is the revenue of Jesup Memorial Library?

Jesup Memorial Library's revenue in 2022 was $6,370,659.


Official website here: www.jesuplibrary.org

Who are the executives of Jesup Memorial Library and what are their salaries?

The average compensation at Jesup Memorial Library during 2022 was $30,713. There are 15 employees at Jesup Memorial Library.


Here are 14 key members and their salaries:


Ronald Beard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Cline (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Crikelair (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Cantwell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Corbus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Durand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Greene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hastings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Nicholson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Poteet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Redding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spenser Simis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genie Thorndike (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Delaney (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jesuplibrary.org

Where can I find the form 990 for Jesup Memorial Library?

Jesup Memorial Library's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jesuplibrary.org

Learn more at the official website: www.jesuplibrary.org

Mission Statement of Jesup Memorial Library

Jesup Memorial Library, as a public library, serves as a vital link within its community. Its mission is to provide an extensive collection of resources, encompassing over 39,000 physical books, 23,000 digital books and audiobooks, 1,000 books on CD, and 1,200 movies on DVD. This collection spans various subjects, including the local history. By offering these resources, Jesup Memorial Library aims to foster knowledge sharing and community connection, ensuring that everyone has access to educational materials and entertainment options.

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Impact




July, 2024

Jesup Memorial Library plays a vital role in the community by providing access to a vast collection of books, audiobooks, CDs, and DVDs. With over 39,000 books in its permanent collection and various digital resources, the library serves as a hub for education and learning. Its mission to provide a public library fosters a culture of reading, knowledge sharing, and community engagement. By offering a diverse range of materials and resources, Jesup Memorial Library makes a significant impact on the educational landscape of Bar Harbor, ME.




This information is meant to be a general summary of Jesup Memorial Library. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,370,659 (2022)
Expenses
$872,054 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $108,065
  • Program Service Revenue: $602
  • Gross Receipts: $7,709,533

Assets and Liabilities:

  • Total Assets: $13,672,763
  • Total Liabilities: $49,627
  • Net Assets: $13,623,136

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Copies, overdue fees

Revenue

$602

Organization Details

Principal Officer

John Brown

Main Address

34 MOUNT DESERT STREET, BAR HARBOR, ME, 04609

NTEE Category

Code: B71Z - Education

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