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Louis T Graves Memorial Public Library

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

EIN: 010262394 ✦ Kennebunkport, ME ✦ Designated as a 501(c)(3)

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Overview

What is Louis T Graves Memorial Public Library?

The Louis T Graves Memorial Public Library is a nonprofit organization situated in Kennebunkport, Maine. Its primary mission is to operate and maintain a free public library within the community. The library fulfills this mission by investing in books and other library materials, ensuring the well-being of its staff, and managing general operating expenses. With a team of 12 dedicated employees, the library plays a vital role in providing accessible resources and knowledge to the residents of Kennebunkport.


Official website here: www.graveslibrary.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Louis T Graves Memorial Public Library has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. With a score of 97%, the library demonstrates excellent governance, as evidenced by its independent board, which comprises 100% independent members, fulfilling the highest standards for transparency and oversight. The library also shows no material diversion of assets, which reinforces its commitment to responsible management.

The library excels in its financial health, with a liabilities to assets ratio of 0.78%, indicating a solid financial foundation. Its program expense ratio is impressive at 93.62%, suggesting that a significant portion of its resources is directed towards fulfilling its mission rather than administrative costs. Integrity measures, such as a conflict of interest policy and a whistleblower policy, are well-documented and in place, contributing to overall trustworthiness.

While the library's rating is outstanding, it is always beneficial for organizations to maintain and enhance their outreach and community engagement efforts. Continued focus on these areas can help bolster their impact and ensure they meet the evolving needs of their patrons. Overall, the Louis T Graves Memorial Public Library stands out as a responsible and effective nonprofit dedicated to serving its community.


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

What do the Facebook reviews say about Louis T Graves Memorial Public Library?

96% of 7 reviewers on Facebook recommend the Louis T Graves Memorial Public Library. Here is a summary of their reviews:

Many patrons appreciate the library's blend of traditional charm and modern amenities. The description of the library as "great old fashioned" suggests that visitors value the welcoming atmosphere, while references to "state of the art services" indicate that the library has successfully integrated contemporary technology and resources.

Overall, the strong support highlights a satisfaction with both the environment and the offerings at the library, demonstrating its commitment to serving the community effectively.


This AI summary has been generated from reviews found on Facebook.

Is Louis T Graves Memorial Public Library legitimate?

Louis T Graves Memorial Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louis T Graves Memorial Public 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: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.graveslibrary.org

What is the mission statement of Louis T Graves Memorial Public Library?

The Louis T Graves Memorial Public Library's primary mission is to operate and maintain a free library. This mission is carried out by procuring books and library materials, and by providing support to library staff and covering general operating expenses. The library's main activity revolves around operating as a free resource for the community, providing access to a wide range of literature and resources for learning and enjoyment.


Official website here: www.graveslibrary.org

Who is the CEO of Louis T Graves Memorial Public Library?

Allyn Lamb is the President of Louis T Graves Memorial Public Library.


Official website here: www.graveslibrary.org

What is the revenue of Louis T Graves Memorial Public Library?

Louis T Graves Memorial Public Library's revenue in 2022 was $465,929.


Official website here: www.graveslibrary.org

Who are the executives of Louis T Graves Memorial Public Library and what are their salaries?

There are 12 employees and 65 volunteers at Louis T Graves Memorial Public Library.


Here are 14 key members and their salaries:


Connie Dykstra (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyn Lamb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine Thibodeau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Weidner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Perry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicky Lamarre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Shore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sessler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Donaghy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Lafolla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lela Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Emery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lou Boucouvalas (Library Director)
  • Compensation: $71,834
  • Related: $0
  • Other: $2,306


Official website here: www.graveslibrary.org

Where can I find the form 990 for Louis T Graves Memorial Public Library?

Louis T Graves Memorial Public Library's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.graveslibrary.org

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

Mission Statement of Louis T Graves Memorial Public Library

Louis T. Graves Memorial Public Library is dedicated to operating and maintaining a free public library in its entirety. Its primary objective is to procure and maintain a vast collection of books and library materials, ensuring the library remains stocked and up-to-date. Furthermore, the library's mission encompasses supporting its staff and covering general operating expenses to ensure smooth and efficient operation. In essence, the Louis T. Graves Memorial Public Library serves as a vital resource for the community, providing free access to a wealth of knowledge, fostering literacy, and promoting intellectual growth.

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Impact




July, 2024

Louis T Graves Memorial Public Library plays a vital role in the community of Kennebunkport, Maine by providing access to educational resources and promoting literacy among its residents. Through its operation of a free public library, the organization supports the intellectual and cultural development of individuals of all ages. By maintaining a diverse collection of books and library materials, the library fosters a love for reading and learning. Additionally, the library's support for its staff and general operating expenses ensures that it can continue to offer valuable programs and services to the community. Overall, the Louis T Graves Memorial Public Library's impact is felt through its dedication to providing a welcoming space for knowledge and enrichment.




This information is meant to be a general summary of Louis T Graves Memorial Public 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
$465,929 (2022)
Expenses
$468,070 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $122,612
  • Gross Receipts: $1,670,049

Assets and Liabilities:

  • Total Assets: $4,207,067
  • Total Liabilities: $32,981
  • Net Assets: $4,174,086

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Organization Details

Founding Year

1941

Principal Officer

Allyn Lamb

Main Address

18 MAINE STREET PO BOX 391, KENNEBUNKPORT, ME, 04046

NTEE Category

Code: B71Z - Education

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