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Newport 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: 050262105 ✦ Newport, RI ✦ Designated as a 501(c)(3)

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Overview

What is Newport Public Library?

The Newport Public Library, located at 300 Spring Street, Newport, RI 02840, is a community-focused nonprofit organization. Its primary aim is to offer a free library service, promoting both education and recreation for the general public. The library strives to enrich the community by providing opportunities that foster lifelong learning, inspiration, imagination, and enjoyment. By connecting people to one another and the rest of the world, the Newport Public Library plays a significant role in strengthening its community. The library employs 42 individuals, dedicated to its mission.


Official website here: www.newportlibraryri.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Newport Public Library has achieved a commendable Four-Star rating from Charity Navigator, primarily based on its impressive Accountability & Finance score. This high rating reflects the organization’s commitment to transparency and effective management of resources, which is essential for maintaining trust with stakeholders and the community it serves.

The library boasts a fully independent board with a strong structure, scoring full points in various governance categories. Notable strengths include a well-documented conflict of interest policy, a whistleblower policy, and detailed board meeting minutes, all of which contribute to its robust operational framework. Additionally, the organization effectively allocates a significant portion of its budget toward programs, with a program expense ratio of over 70%.

While the library's financial practices appear solid, there are no noted limitations or significant concerns in the available data. Overall, Newport Public Library’s strong performance in accountability and finance illustrates its dedication to serving the public effectively and responsibly.


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

What do the Facebook reviews say about Newport Public Library?

70% of 7 reviewers on Facebook recommend Newport Public Library. Here’s an overview of what they’re saying:

Many users appreciate the library’s role in the community, highlighting its support for local initiatives and events. One reviewer expressed profound gratitude for the opportunity to showcase a significant historical event, emphasizing how the library serves as a valuable resource for both residents and visitors alike. Additionally, the library is praised for being a "Fountain of Knowledge," encouraging individuals to engage with its offerings.

However, the relatively low recommendation rate suggests that there may be room for improvement in certain aspects, even though not all details are shared. Overall, the library appears to be a respected institution that has made a positive impact on those who have utilized its services.


This AI summary has been generated from reviews found on Facebook.

Is Newport Public Library legitimate?

Newport Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newport 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: $90,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,170,935

For more financial information, click here


Official website here: www.newportlibraryri.org

What is the mission statement of Newport Public Library?

The Newport Public Library's mission is to strengthen the community by offering opportunities that foster lifelong learning, inspiration, imagination, and enjoyment. It strives to connect individuals with each other and the world at large. The library serves as a free resource for both educational and recreational activities, aiming to bring people together and expand their horizons.


Official website here: www.newportlibraryri.org

Who is the CEO of Newport Public Library?

Stephen Waluk is the President of Newport Public Library.


Official website here: www.newportlibraryri.org

What is the revenue of Newport Public Library?

Newport Public Library's revenue in 2022 was $2,980,869.


Official website here: www.newportlibraryri.org

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

The average compensation at Newport Public Library during 2022 was $30,034. There are 42 employees at Newport Public Library.


Here are 13 key members and their salaries:


Stephen Waluk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Carter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Castiglia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Shaw (Secrtary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Leys (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Baylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Groce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Marshall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Skuncik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merideth Bonvino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanine Weisman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Logue (Executive Director)
  • Compensation: $90,941
  • Related: $0
  • Other: $14,635


Official website here: www.newportlibraryri.org

Where can I find the form 990 for Newport Public Library?

Newport Public Library's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newportlibraryri.org

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

Mission Statement of Newport Public Library

The Newport Public Library strives to fortify its community by offering chances that foster lifelong learning, inspiration, imagination, and enjoyment. By doing so, it connects individuals to each other and the wider world. The library's mission is to provide a free, accessible library to the public for both educational and recreational purposes. This institution serves as a vital hub, fostering a sense of community and promoting knowledge and personal growth for all its patrons.

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Impact




July, 2024

Newport Public Library plays a vital role in strengthening the community by providing opportunities that support lifelong learning, inspiration, imagination, and enjoyment. It serves as a hub for educational and recreational activities, offering free access to a wealth of resources for the general public. By connecting people to each other and to the rest of the world, the library fosters a sense of community and empowerment through knowledge sharing. Its dedication to education underscores its commitment to enriching the lives of individuals and contributing to the collective growth of the community.




This information is meant to be a general summary of Newport 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
$2,980,869 (2022)
Expenses
$2,825,088 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,268
  • Program Service Revenue: $13,513
  • Gross Receipts: $2,981,110

Assets and Liabilities:

  • Total Assets: $5,839,629
  • Total Liabilities: $659,377
  • Net Assets: $5,180,252

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Programs

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

PROGRAM INCOME

Revenue

$13,513

Organization Details

Founding Year

1979

Principal Officer

Stephen Waluk

Main Address

300 SPRING STREET, NEWPORT, RI, 02840

NTEE Category

Code: B71Z - Education

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