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Woburn Public Library

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

EIN: 046047185 ✦ Woburn, MA ✦ Designated as a 501(c)(3)

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Overview

What is Woburn Public Library?

The Woburn Public Library, situated at 45 Pleasant Street, Woburn, MA 01801, is a vital nonprofit organization dedicated to serving the community. Its primary mission is to operate the Woburn, MA Municipal Public Library, catering to the greater public within the city of Woburn and its surrounding areas. The library employs a team of 20 individuals, ensuring that it can provide a wide range of resources and services to its patrons. While the details of these services and resources are not specified in the information provided, it is safe to assume that they include lending materials, research facilities, and programs aimed at promoting literacy and education within the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (67%)

The Woburn Public Library has been assigned a two-star rating by Charity Navigator, indicating that it requires improvement in certain operational areas despite strong accountability and financial management. The library scored 100% in the Accountability & Finance category, showcasing a solid governance structure with a majority of independent board members. However, the absence of key financial documents and policies significantly impacted the overall score.

While the library has a commendable program expense ratio of 89.49%, demonstrating effective allocation of resources towards its programs, it has failed to provide necessary financial statements and other governance policies. The lack of a conflict of interest policy, whistleblower policy, and document retention measures raises concerns about transparency and accountability practices.

Overall, the Woburn Public Library shows potential in its financial practices and governance structure but needs to address the critical gaps in documentation and policy development to improve its standing and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Woburn Public Library legitimate?

Woburn Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woburn 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: $199,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,069,184

For more financial information, click here

What is the mission statement of Woburn Public Library?

The Woburn Public Library's mission is to operate and serve the larger public within the city of Woburn, Massachusetts, and surrounding communities. Specifically, its goal is to operate the municipal public library, providing resources and services to the wider public. The library aims to serve as a vital community resource, contributing to the education, information, and entertainment needs of its patrons. It is dedicated to fostering a love of reading and learning, promoting intellectual growth, and fostering a sense of community.

Who is the CEO of Woburn Public Library?

Hermayne Gordon is the Director/President of Woburn Public Library.

What is the revenue of Woburn Public Library?

Woburn Public Library's revenue in 2023 was $2,445,764.

Who are the executives of Woburn Public Library and what are their salaries?

The average compensation at Woburn Public Library during 2023 was $63,416. There are 20 employees at Woburn Public Library.


Here are 7 key members and their salaries:


Richard J Mahoney (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Juliano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Lipsett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Jolly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Rideout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Meaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Libert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Woburn Public Library?

Woburn Public Library's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Woburn Public Library

The Woburn Public Library, serving the broader public in and around the city of Woburn, Massachusetts, is dedicated to operating its municipal public library. The primary mission of this esteemed institution is to cater to the needs of this diverse community. By operating this library, it ensures that a wide range of individuals have access to a wealth of knowledge and resources, fostering an environment conducive to learning and personal growth.

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Impact




July, 2024

The Woburn Public Library plays a crucial role in serving the greater public of the city of Woburn, MA, and surrounding communities. It provides vital educational resources, promotes literacy, offers cultural enrichment, and supports lifelong learning. By offering a wide range of programs, services, and materials, the library contributes to the intellectual and social development of individuals of all ages. Its impact extends beyond its physical location, as it serves as a hub for community engagement, collaboration, and information dissemination. Through its mission of providing access to knowledge and fostering a love of reading, the Woburn Public Library significantly enhances the quality of life for residents and plays a key role in supporting education in the area.




This information is meant to be a general summary of Woburn 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.

Revenue
$2,445,764 (2023)
Expenses
$2,127,590 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $575,746
  • Program Service Revenue: $60,488
  • Gross Receipts: $2,445,764

Assets and Liabilities:

  • Total Assets: $12,681,176
  • Total Liabilities: $0
  • Net Assets: $12,681,176

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Programs

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

General Income

Revenue

$60,488

Organization Details

Founding Year

1890

Principal Officer

Hermayne Gordon

Main Address

45 PLEASANT STREET, WOBURN, MA, 01801

NTEE Category

Code: B71Z - Education

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