Latham Memorial Library Inc

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

EIN: 036008134 ✦ Thetford, VT ✦ Designated as a 501(c)(3)

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Overview

What is Latham Memorial Library Inc?

Latham Memorial Library Inc, situated in Thetford, Vermont, serves as a significant community resource. Approximately two-thirds of the town's residents are library cardholders, benefiting from a comprehensive collection that includes books, e-books, audio books, periodicals, and various other materials. The library goes beyond traditional offerings, providing STEAM kits, a Seed Saving Library, museum and educational site passes, and a safe, engaging after-school environment for children. In 2022, over 2,200 people attended library programs, and more than 11,000 physical items and 6,700 digital items were circulated. The library's mission is to act as a community hub, offering universal information access and fostering learning opportunities for individuals of all ages, enriching their lives.


Official website here: www.thetfordlibrary.org

Is Latham Memorial Library Inc legitimate?

Latham Memorial Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latham Memorial Library Inc 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: $63,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,175

For more financial information, click here


Official website here: www.thetfordlibrary.org

What is the mission statement of Latham Memorial Library Inc?

Latham Memorial Library Inc's mission is centered around being a communal hub that fosters access to a wide array of information. This library aims to cater to learners of all ages, empowering them to enrich their lives through the resources it provides. The library's collection encompasses a variety of materials, including books, e-books, audio books, periodicals, and more. In addition to its lending library, Latham Memorial Library offers special resources such as STEAM kits, a Seed Saving Library, museum passes, and a conducive environment for children after school. Throughout 2022, the library attracted over 2,200 people to its programs and circulated over 11,000 physical items and over 6,700 digital items.


Official website here: www.thetfordlibrary.org

Who is the CEO of Latham Memorial Library Inc?

Matthias Senger is the Director of Latham Memorial Library Inc.


Official website here: www.thetfordlibrary.org

What is the revenue of Latham Memorial Library Inc?

Latham Memorial Library Inc's revenue in 2022 was $159,895.


Official website here: www.thetfordlibrary.org

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

The average compensation at Latham Memorial Library Inc during 2022 was $26,748. There are 3 employees and 13 volunteers at Latham Memorial Library Inc.


Here are 9 key members and their salaries:


Emily Zollo Interim Library (Director)
  • Compensation: $56,052
  • Related: $0
  • Other: $0
Holly Lague Library (Director)
  • Compensation: $5,538
  • Related: $0
  • Other: $1,478
Barbara Defelice (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Goudy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthias Senger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Jamele (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Grady (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heinz Trebitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Weinstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thetfordlibrary.org

Where can I find the form 990 for Latham Memorial Library Inc?

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


Official website here: www.thetfordlibrary.org

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

Mission Statement of Latham Memorial Library Inc

Latham Memorial Library Inc, as a community gathering place, is committed to providing universal access to a wealth of information. This mission empowers learners of all ages to enrich their lives. The library, which serves a significant portion of its local community, offers a wide array of resources. These include books, e-books, audio books, periodicals, and various special items such as STEAM kits, a Seed Saving Library, and passes to museums and educational sites. In addition to these physical resources, Latham Memorial Library Inc also provides a secure and stimulating environment for children after school.

Throughout the year, the library hosts a variety of programs that attract over 2,200 people. These events enrich the community, providing opportunities for learning and engagement. Furthermore, the library's resources are heavily utilized, with over 6,700 digital items and 11,000 physical items circulated during 2022. Latham Memorial Library Inc, in essence, is a hub of knowledge and growth, enabling its community to expand their horizons and enrich their lives through the universal access to information it provides.

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Impact




October, 2024

Latham Memorial Library Inc plays a transformative role in the Thetford community by serving as a vital resource for information and learning. With nearly 66% of local residents holding library cards, it provides access to a diverse collection of books, e-books, audiobooks, periodicals, and more. This accessibility aids in lifelong learning and personal enrichment for individuals of all ages.

The library goes beyond traditional lending services, offering special resources such as STEAM kits, a Seed Saving Library, and passes to local museums and educational sites. This broadens the horizons for community members, fostering creativity, education, and exploration.

Furthermore, the library is a hub for community engagement, hosting programs that drew over 2,200 attendees in 2022. It also provides a safe and nurturing environment for children after school, promoting both academic growth and social development. With more than 6,700 digital items and 11,000 physical items circulated, Latham Memorial Library Inc significantly contributes to the educational landscape and communal harmony in Thetford.




This information is meant to be a general summary of Latham Memorial Library Inc. 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
$159,895 (2022)
201120122013201420152016201720182019202020212022$0$85,000$170k$255k$340k
Expenses
$125,887 (2022)
201120122013201420152016201720182019202020212022$0$35,000$70,000$105k$140k
Efficiency
2011201220132014201520162017201820192020202120220%15%30%57%

Other financial information:

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

  • Investment Income: $23,394
  • Program Service Revenue: $1,005
  • Gross Receipts: $159,895

Assets and Liabilities:

  • Total Assets: $712,684
  • Total Liabilities: $381
  • Net Assets: $712,303

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Programs

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

Fax and copier fees

Revenue

$225

Other library income

Revenue

$780

Organization Details

Founding Year

1912

Principal Officer

Matthias Senger

Main Address

PO Box 240, Thetford, VT, 05074

NTEE Category

Code: B70 - Education

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