Overview
What is North Haven Library?
North Haven Library is a nonprofit organization, serving both local residents and visitors to the island. Its primary mission is to operate a library, providing a valuable resource for the North Haven community. The library's programs cater to the needs of its residents and visitors, ensuring they have access to a range of literature and resources. By doing so, North Haven Library contributes to the cultural and informational well-being of the community.
Official website here: www.northhavenlibrary.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating. The rating reflects a solid accountability and finance score, indicating that the organization has strengths in governance, particularly with a fully independent board. However, the absence of essential financial documentation and policies raises concerns about transparency and accountability.
The North Haven Library demonstrates a high program expense ratio of 84.20%, suggesting that a significant portion of its resources is directed towards fulfilling its mission. The organization has also maintained a low liabilities to assets ratio at 0.08%, which indicates a stable financial position. These factors highlight the library's commitment to serving its community effectively.
On the downside, the lack of key policies such as conflict of interest and whistleblower protections, along with missing financial statements and board meeting minutes, points to areas that need improvement. Addressing these gaps could enhance the library's credibility and strengthen its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is North Haven Library legitimate?
North Haven Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Haven 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: $2,385
Other Salaries and Wages: $19,627
For more financial information, click here
Official website here: www.northhavenlibrary.org/
What is the mission statement of North Haven Library?
The North Haven Library serves the benefit of both local residents and visitors to the island. Its primary mission is encapsulated in its activities, which involve operating the library to cater to the needs of North Haven's inhabitants and tourists. The library aims to provide a space for learning, information, and community engagement, offering programs and resources that enhance the overall well-being of its users. The library's operations are geared towards fostering an environment that promotes knowledge and connectivity among its patrons.
Official website here: www.northhavenlibrary.org/
Who is the CEO of North Haven Library?
David Wilson is the President of North Haven Library.
Official website here: www.northhavenlibrary.org/
What is the revenue of North Haven Library?
North Haven Library's revenue in 2023 was $610,243.
Official website here: www.northhavenlibrary.org/
Who are the executives of North Haven Library and what are their salaries?
The average compensation at North Haven Library during 2023 was $19,627. There is 1 employee and 16 volunteers at North Haven Library.
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Official website here: www.northhavenlibrary.org/
Where can I find the form 990 for North Haven Library?
North Haven Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.northhavenlibrary.org/
Learn more at the official website: www.northhavenlibrary.org/
Mission Statement of North Haven Library
North Haven Library, a vital resource, serves the needs of North Haven residents and visitors to the island. Its primary mission is to operate the library, offering benefits to both local residents and tourists. The library's programs are designed with the goal of enhancing the lives of its patrons, providing a space where knowledge and resources can be accessed and utilized. By operating the library, North Haven Library contributes to the educational, informational, and recreational well-being of its community.
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Impact
July, 2024
North Haven Library has a significant impact on the community by providing essential educational resources and programs for the residents and visitors of North Haven Island. Through its operation, the library plays a vital role in promoting literacy, fostering a love for reading, and supporting lifelong learning among individuals of all ages. Its presence enhances the quality of life on the island by offering a space for intellectual enrichment, exploration, and connection with others. The library's dedication to serving the community contributes to the educational development and cultural enrichment of North Haven residents and visitors, making it a valuable asset in the region.
This information is meant to be a general summary of North Haven 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $25,430
- Gross Receipts: $658,872
Assets and Liabilities:
- Total Assets: $1,123,988
- Total Liabilities: $966
- Net Assets: $1,123,022
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Organization Details
Phone
(207) 867-9797Principal Officer
David Wilson
Main Address
PO BOX 486, NORTH HAVEN, ME, 048530486
Website
www.northhavenlibrary.org/NTEE Category
Code: B70 - Education
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