Overview
What is Otis Library?
Otis Library is a public institution situated in the broader Norwich, Connecticut area, functioning as a community-focused nonprofit organization. With a mission grounded in library services, Otis Library develops programs that cater to the area's needs, guided by professionals in library science. The library's main objective is to serve this community effectively by offering a wide range of resources and facilities, ensuring that its services remain relevant and beneficial to its patrons.
Official website here: www.otislibrarynorwich.org
What are the reviews and ratings of this charity?
92% rating from Charity Navigator.
Otis Library has earned a Four-Star out of Four Star rating, indicating strong performance in accountability and finance. The organization scored particularly well, achieving 100% for having a majority of independent board members and 80.89% of its expenses directed toward programs, which illustrates a commitment to its mission and effective resource allocation.
However, there is a notable limitation in the absence of a whistleblower policy, which could impact perceptions of organizational transparency and responsiveness to potential concerns. Despite this, the library's solid financial oversight and lack of material diversion of assets are commendable strengths that contribute to its trustworthy reputation. Overall, Otis Library demonstrates a strong commitment to accountability and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Otis Library legitimate?
Otis Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otis 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: $86,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $754,533
For more financial information, click here
Official website here: www.otislibrarynorwich.org
What is the mission statement of Otis Library?
The Otis Library, serving a broader community in Connecticut, operates as a public library with a mission centered around delivering library services. This mission is achieved through the design of programs, carefully crafted by library professionals and experts in library science, to cater to the specific needs of the community. The library's primary goal is to provide essential library services, ensuring the community has access to the resources they require.
Official website here: www.otislibrarynorwich.org
Who is the CEO of Otis Library?
Robert Farwell is the Executive Di of Otis Library.
Official website here: www.otislibrarynorwich.org
What is the revenue of Otis Library?
Otis Library's revenue in 2022 was $1,541,355.
Official website here: www.otislibrarynorwich.org
Who are the executives of Otis Library and what are their salaries?
The average compensation at Otis Library during 2022 was $26,267. There are 32 employees and 10 volunteers at Otis Library.
Here are 17 key members and their salaries:
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Official website here: www.otislibrarynorwich.org
Where can I find the form 990 for Otis Library?
Otis Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otislibrarynorwich.org
Learn more at the official website: www.otislibrarynorwich.org
Mission Statement of Otis Library
Otis Library, situated in the greater Norwich, Connecticut area, operates as a public library with a mission that is centered around providing comprehensive library services. This mission is executed through programs that are strategically designed by professionals in the field of library science, with the aim of catering to the specific needs of the community it serves. The library's activities are geared towards promoting literacy, knowledge dissemination, and fostering a love for reading and learning among its patrons.
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Impact
July, 2024
Otis Library in Norwich, CT has a significant impact on the local community by providing valuable library services to residents. Their programs, carefully crafted by experts in library science, cater to the diverse needs of the greater Norwich area. Through its mission of offering educational resources and opportunities, Otis Library plays a crucial role in promoting learning and knowledge-sharing among residents. Its presence contributes to the educational and cultural enrichment of the community, making it a vital institution for fostering a love of reading and lifelong learning.
This information is meant to be a general summary of Otis 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $250,068
- Program Service Revenue: $12,469
- Gross Receipts: $2,578,978
Assets and Liabilities:
- Total Assets: $11,685,396
- Total Liabilities: $113,804
- Net Assets: $11,571,592
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MATERIAL RECOVERY FEES
Revenue
$5,248
SERVICE FEES
Revenue
$3,628
PASSPORTS
Revenue
$2,125
STATE REIMBURSE-CONNECTICARD
Revenue
$1,468
Organization Details
Founding Year
1853
Phone
(860) 889-2365Principal Officer
Robert Farwell
Main Address
261 MAIN STREET, NORWICH, CT, 06360
Website
www.otislibrarynorwich.orgNTEE Category
Code: B71Z - Education
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