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Young Men's Library Assoc

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

EIN: 042152681 ✦ Ware, MA ✦ Designated as a 501(c)(3)

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Overview

What is Young Men's Library Assoc?

The Young Men's Library Assoc, situated at 35 Main St, Ware, MA 01082, is a nonprofit organization dedicated to serving the local community and its surrounding areas. Their primary purpose is to operate as a library, providing a vast array of resources and information to residents. With a team of six dedicated individuals, they strive to maintain a comprehensive library collection that caters to the needs of the community. Their mission is deeply rooted in the betterment of the town of Ware and its neighboring communities, ensuring that everyone has access to literary and informational materials.


Official website here: www.warelibrary.org

Is Young Men's Library Assoc legitimate?

Young Men's Library Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Library Assoc 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: $500
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,982

For more financial information, click here


Official website here: www.warelibrary.org

What is the mission statement of Young Men's Library Assoc?

The Young Men's Library Assoc is dedicated to serving as a library for various communities beyond the town of Ware. Their primary objective is to maintain a library facility available for the residents of these communities. Through various programs, they strive to provide a comprehensive library service for the public.


Official website here: www.warelibrary.org

Who is the CEO of Young Men's Library Assoc?

Peter Thamel is the President & Director of Young Men's Library Assoc.


Official website here: www.warelibrary.org

What is the revenue of Young Men's Library Assoc?

Young Men's Library Assoc's revenue in 2022 was $306,251.


Official website here: www.warelibrary.org

Who are the executives of Young Men's Library Assoc and what are their salaries?

The average compensation at Young Men's Library Assoc during 2022 was $26,580. There are 6 employees at Young Men's Library Assoc.


Here are 9 key members and their salaries:


Peter Thamel (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Christensen (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Higney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Higney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Iadarola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rajab Khanbabai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Rucki (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Healy (Vice Pres & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Skutnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.warelibrary.org

Where can I find the form 990 for Young Men's Library Assoc?

Young Men's Library Assoc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.warelibrary.org

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

Mission Statement of Young Men's Library Assoc

The Young Men's Library Assocation, as its name suggests, serves as a vital library resource for the town of Ware and its surrounding communities. Its primary mission is to maintain a comprehensive library collection, making it readily available to the residents of these areas. The organization achieves this by implementing various programs, all of which contribute to the upkeep and accessibility of the library for the benefit of the communities it serves.

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Impact




October, 2024

The Young Men's Library Association significantly enriches the community of Ware, Massachusetts, by providing vital access to educational resources and promoting literacy. By serving as a hub for the town and surrounding areas, it offers a wide range of programs that cater to various interests and age groups, fostering a love of reading and lifelong learning.

The library's activities support not only individual educational growth, but also community engagement, allowing residents to connect, share ideas, and collaborate on various initiatives. Through its commitment to maintaining an accessible and welcoming library, the association plays a crucial role in enhancing the cultural and intellectual fabric of the community, ensuring that all residents have the opportunity to thrive through knowledge and education.




This information is meant to be a general summary of Young Men's Library Assoc. 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
$306,251 (2022)
Expenses
$325,026 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,064
  • Program Service Revenue: $295,495
  • Gross Receipts: $306,251

Assets and Liabilities:

  • Total Assets: $806,258
  • Total Liabilities: $63,532
  • Net Assets: $742,726

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Programs

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

TOWN APPROPRIATION

Revenue

$227,445

ENDOWMENT INCOME

Revenue

$46,115

LIBRARY COMMISSION GRA

Revenue

$21,935

Organization Details

Founding Year

1894

Principal Officer

Peter Thamel

Main Address

35 MAIN ST, WARE, MA, 01082

NTEE Category

Code: B70 - Education

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