Overview
What is Farmington Village Green & Library Association Inc?
Farmington Village Green & Library Association Inc, situated in Farmington, Connecticut, is a dedicated nonprofit organization. Their primary mission is to enrich the community's quality of life and preserve its cultural history. They accomplish this through the financial support and operation of various facilities, including the Farmington and Barney Libraries, the Stanley-Whitman House Museum, the Village Green, and the Memento Mori Cemetery. These facilities serve as hubs for learning, recreation, and cultural exploration, fostering an exchange of ideas and promoting life-long learning. The association's activities include providing a comfortable and dynamic library environment, offering a wide variety of materials, and hosting educational and recreational programs. With a team of 61 dedicated individuals, Farmington Village Green & Library Association Inc plays a significant role in preserving the town's heritage and fostering community spirit.
Official website here: www.the-fvgla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Farmington Village Green & Library Association Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting high standards in accountability and finance. The organization achieved a perfect score in several categories, including the proportion of independent board members and the oversight of financial statements, indicating strong governance and transparency.
The majority of board members are independent, ensuring effective oversight without conflicts of interest. The charity maintains a high program expense ratio of nearly 86%, demonstrating its commitment to using funds efficiently for its mission. Additionally, it has no reported material diversions of assets, reinforcing its financial integrity.
However, a notable limitation is the absence of a whistleblower policy, which could enhance its accountability framework. Overall, the organization's strong financial practices and governance structure contribute to its positive reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Farmington Village Green & Library Association Inc legitimate?
Farmington Village Green & Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmington Village Green & Library Association 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: $1,483,673
For more financial information, click here
Official website here: www.the-fvgla.org
What is the mission statement of Farmington Village Green & Library Association Inc?
The Farmington Village Green & Library Association Inc's mission is centered around enhancing the quality of life and preserving the cultural history of its community. This is achieved through the financial support and operation of various facilities and sites, including the Farmington and Barney Libraries, Stanley-Whitman House Museum, the Village Green, and Memento Mori Cemetery. The association's primary goal is to provide a dynamic and welcoming environment that encourages the exchange of ideas, fosters a love for reading, and supports lifelong learning. The association also serves to preserve the memories and history of the community, thereby fostering a sense of community spirit.
Official website here: www.the-fvgla.org
Who is the CEO of Farmington Village Green & Library Association Inc?
Terry Roberts is the Chairperson of Farmington Village Green & Library Association Inc.
Official website here: www.the-fvgla.org
What is the revenue of Farmington Village Green & Library Association Inc?
Farmington Village Green & Library Association Inc's revenue in 2022 was $3,538,139.
Official website here: www.the-fvgla.org
Who are the executives of Farmington Village Green & Library Association Inc and what are their salaries?
The average compensation at Farmington Village Green & Library Association Inc during 2022 was $24,323. There are 61 employees and 100 volunteers at Farmington Village Green & Library Association Inc.
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Official website here: www.the-fvgla.org
Where can I find the form 990 for Farmington Village Green & Library Association Inc?
Farmington Village Green & Library Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.the-fvgla.org
Learn more at the official website: www.the-fvgla.org
Mission Statement of Farmington Village Green & Library Association Inc
The Farmington Village Green & Library Association's mission is centered around enhancing the quality of life in its community and preserving its cultural history. To achieve this, the organization provides financial support and operates several key facilities. These include the Farmington and Barney Libraries, the Stanley-Whitman House Museum, the Village Green, and Memento Mori Cemetery. Through these initiatives, the Association aims to foster a dynamic environment where technology, friendly service, and equal access to various materials encourage the exchange of ideas, promote the joy of reading, and support lifelong learning. Additionally, the Association works to preserve the memories and history of the community, ultimately fostering a sense of community spirit.
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Impact
July, 2024
The Farmington Village Green & Library Association Inc positively impacts the community by enhancing the quality of life and preserving the cultural history of Farmington. Through the financial support and operation of the Farmington and Barney Libraries, Stanley-Whitman House Museum, the Village Green, and Memento Mori Cemetery, they provide a comfortable and dynamic environment where individuals have equal access to a wide variety of materials. Their cultural, educational, and recreational programs encourage the exchange of ideas, promote reading and lifelong learning, preserve the memories and history of Farmington, and foster community spirit.
This information is meant to be a general summary of Farmington Village Green & Library Association 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 2022.
- Investment Income: $402,106
- Program Service Revenue: $99,501
- Gross Receipts: $5,362,504
Assets and Liabilities:
- Total Assets: $13,374,438
- Total Liabilities: $351,543
- Net Assets: $13,022,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING - FRIENDS
Revenue
$19,623
MEMBERSHIP DUES
Revenue
$17,195
FEES & FINES
Revenue
$16,292
PASSPORT FEE REVENUE
Revenue
$13,608
COMMUNITY PROGRAMS; ADMISSION
Revenue
$10,528
Organization Details
Founding Year
1901
Phone
(860) 673-6791Principal Officer
Terry Roberts
Main Address
6 MONTEITH DRIVE, FARMINGTON, CT, 06032
Website
www.the-fvgla.orgNTEE Category
Code: B71Z - Education
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