Overview
What is Cary Memorial Library Foundation Inc?
Cary Memorial Library Foundation Inc, based in Lexington, Massachusetts, is a small nonprofit organization with a single employee. Its primary mission is to raise funds for the Cary Memorial Library, utilizing these resources for various programs and special projects, as well as capital projects. By supporting this foundation, individuals contribute to enhancing the library's services, ensuring it continues to provide valuable resources to the community.
Is Cary Memorial Library Foundation Inc legitimate?
Cary Memorial Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cary Memorial Library Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,630
For more financial information, click here
What is the mission statement of Cary Memorial Library Foundation Inc?
The mission of Cary Memorial Library Foundation Inc. primarily revolves around fundraising and accumulating financial resources. These funds are then utilized for various programs and initiatives at the Cary Memorial Library. This includes supporting general library operations as well as special projects. Additionally, the foundation might also be involved in raising funds for capital projects, implying significant infrastructure development or renovations.
Who is the CEO of Cary Memorial Library Foundation Inc?
Susan Mcleish is the President of Cary Memorial Library Foundation Inc.
What is the revenue of Cary Memorial Library Foundation Inc?
Cary Memorial Library Foundation Inc's revenue in 2023 was $243,993.
Who are the executives of Cary Memorial Library Foundation Inc and what are their salaries?
The average compensation at Cary Memorial Library Foundation Inc during 2023 was $40,630. There is 1 employee and 25 volunteers at Cary Memorial Library Foundation Inc.
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Where can I find the form 990 for Cary Memorial Library Foundation Inc?
Cary Memorial Library Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cary Memorial Library Foundation Inc
The Cary Memorial Library Foundation Inc is committed to raising funds for the benefit of the Cary Memorial Library. This nonprofit organization's mission is to collect and manage resources to support various general and special programs at the library. Additionally, they contribute to capital projects, ensuring the library's continuous growth and improvement. By fulfilling this mission, the Cary Memorial Library Foundation Inc plays a crucial role in enriching the library's offerings and services, ultimately benefiting the community it serves.
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Impact
October, 2024
Cary Memorial Library Foundation Inc significantly enhances the resources and programs available at Cary Memorial Library in Lexington, MA. By fundraising and collecting funds, the foundation directly supports the library's general operations as well as various special programs. This financial backing enables the library to offer diverse educational opportunities, enriching community engagement and learning. Additionally, contributions from the foundation facilitate essential capital projects that improve the library’s infrastructure and services. Overall, the impact of Cary Memorial Library Foundation Inc is felt throughout the community, making it a vital contributor to the region's educational landscape and cultural vitality.
This information is meant to be a general summary of Cary Memorial Library Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,917
- Gross Receipts: $243,993
Assets and Liabilities:
- Total Assets: $225,435
- Total Liabilities: $37,333
- Net Assets: $188,102
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Organization Details
Founding Year
1999
Phone
(781) 862-6288Principal Officer
Susan Mcleish
Main Address
1874 MASSACHUSETTS AVENUE, LEXINGTON, MA, 02420
NTEE Category
Code: B12 - Education
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