Overview
What is Chocorua Public Library?
Chocorua Public Library is a nonprofit organization situated in Chocorua, New Hampshire. It provides a free, publicly accessible library service to the residents of Tamworth, NH. The library houses a variety of periodicals and approximately 10,000 volumes for reading and research purposes. The organization's primary mission is to maintain this non-fee library, contributing to the community's knowledge and learning resources. With a small team of 5 dedicated individuals, Chocorua Public Library plays a significant role in enriching the local community through its literary offerings.
Official website here: www.chocorualibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Chocorua Public Library has achieved an 83% rating, reflecting a solid level of accountability and financial health. The charity's score is based entirely on its performance in Accountability & Finance, which indicates a strong commitment to financial transparency and responsible management of resources.
Strengths of the organization include having a fully independent board of directors and no reported material diversion of assets. Additionally, the library maintains high program expense ratios, directing nearly 89% of its expenditures toward programs, which signifies effective use of donations for community services. However, the library lacks a whistleblower policy and a document retention and destruction policy, which are areas for potential improvement in governance practices.
Overall, while Chocorua Public Library demonstrates commendable financial practices and strong accountability measures, addressing the identified policy gaps could enhance its governance framework and further increase its operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Chocorua Public Library legitimate?
Chocorua Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chocorua 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: $30,507
For more financial information, click here
Official website here: www.chocorualibrary.org
What is the mission statement of Chocorua Public Library?
The Chocorua Public Library, serving its community, maintains a non-fee public library. Its primary role is to cater to the reading and research needs of its residents. The library houses various periodicals and approximately 10,000 volumes, offering an extensive range of resources for the community to utilize. The library's mission is to provide a free and accessible source of information and literature, fostering education and knowledge sharing within the community.
Official website here: www.chocorualibrary.org
Who is the CEO of Chocorua Public Library?
Susan Macdonald is the Chair of Chocorua Public Library.
Official website here: www.chocorualibrary.org
What is the revenue of Chocorua Public Library?
Chocorua Public Library's revenue in 2022 was $66,747.
Official website here: www.chocorualibrary.org
Who are the executives of Chocorua Public Library and what are their salaries?
The average compensation at Chocorua Public Library during 2022 was $6,101. There are 5 employees and 5 volunteers at Chocorua Public Library.
Here are 5 key members and their salaries:
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Official website here: www.chocorualibrary.org
Where can I find the form 990 for Chocorua Public Library?
Chocorua Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chocorualibrary.org
Learn more at the official website: www.chocorualibrary.org
Mission Statement of Chocorua Public Library
Chocorua Public Library, as a non-profit organization, is dedicated to serving the residents of Tamworth, New Hampshire. Its primary mission is to maintain a public library that is accessible to all, free of charge. The library houses a vast collection of periodicals and approximately 10,000 volumes, offering a wealth of resources for reading and research. This library serves as a crucial hub for the community, providing a space for knowledge exploration and personal growth. By offering these resources, Chocorua Public Library contributes to the intellectual and cultural enrichment of its community members.
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Impact
August, 2024
Chocorua Public Library serves as a valuable resource for the residents of Tamworth, NH, by providing access to a wide range of periodicals and approximately 10,000 volumes for reading and research. The library plays a crucial role in promoting literacy, education, and community engagement within the area. Its impact goes beyond just providing books and information, as it serves as a hub for learning, gathering, and cultural enrichment for the local community. Through its services and programs, Chocorua Public Library contributes to the intellectual and social development of individuals, fostering a sense of belonging and connection among residents.
This information is meant to be a general summary of Chocorua 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $26,067
- Gross Receipts: $209,121
Assets and Liabilities:
- Total Assets: $406,928
- Total Liabilities: $0
- Net Assets: $406,928
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Organization Details
Founding Year
1968
Phone
(603) 323-8610Principal Officer
Susan Macdonald
Main Address
PO BOX 128, CHOCORUA, NH, 038170128
Website
www.chocorualibrary.orgNTEE Category
Code: W80 - Public benefit
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