Overview
What is Cragin Memorial Libary?
Cragin Memorial Library is a nonprofit organization, represented by its Board of Trustees, dedicated to ensuring a wide array of resources such as books, periodicals, reference materials, videos, and electronic services are accessible to the public. Their primary mission is to deliver library services, ensuring that various learning materials are readily available to the community. The Board's role is crucial in facilitating this mission.
Official website here: www.colchesterct.gov/cragin-me
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Cragin Memorial Library has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score is based entirely on its accountability and finance practices, indicating a strong emphasis on responsible financial management. Notably, the library boasts 100% independent board membership, ensuring unbiased governance.
Despite its strengths, there are areas for improvement. The library has several missing policies, including conflict of interest, whistleblower, and document retention policies, which may raise concerns about overall transparency and governance practices. However, the library shows a solid financial foundation with a 0.00% liabilities to assets ratio and a high program expense ratio of 85.57%, indicating that the majority of its funds are directed towards its programs.
Overall, while Cragin Memorial Library demonstrates robust financial accountability and a committed board, addressing its policy deficiencies would enhance its governance and transparency further, potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Cragin Memorial Libary legitimate?
Cragin Memorial Libary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cragin Memorial Libary submitted a form 990EZ, 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.
Official website here: www.colchesterct.gov/cragin-me
What is the mission statement of Cragin Memorial Libary?
The Cragin Memorial Library's mission, as overseen by its Board of Trustees, is primarily focused on making a wide range of library resources, including books, periodicals, reference materials, videos, and electronic services, accessible to the public. Their primary objective is to offer library services to the community. By doing so, the library aims to contribute to the educational, informational, and recreational needs of its patrons.
Official website here: www.colchesterct.gov/cragin-me
Who is the CEO of Cragin Memorial Libary?
Cindy Praisner is the Treasurer of Cragin Memorial Libary.
Official website here: www.colchesterct.gov/cragin-me
What is the revenue of Cragin Memorial Libary?
Cragin Memorial Libary's revenue in 2023 was $16,963.
Official website here: www.colchesterct.gov/cragin-me
Who are the executives of Cragin Memorial Libary and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.colchesterct.gov/cragin-me
Where can I find the form 990EZ for Cragin Memorial Libary?
Cragin Memorial Libary's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.colchesterct.gov/cragin-me
Learn more at the official website: www.colchesterct.gov/cragin-me
Mission Statement of Cragin Memorial Libary
Cragin Memorial Library, led by its Board of Trustees, is committed to making a wide array of resources accessible to the public. These resources include books, periodicals, reference materials, videos, and electronic services. The library's primary objective is to provide library services, ensuring that the community has access to these valuable resources to foster learning and knowledge acquisition. By assisting in the availability of these materials, Cragin Memorial Library aims to contribute to the intellectual growth and development of its patrons.
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Impact
August, 2024
Cragin Memorial Library in Colchester, CT, plays a crucial role in providing access to a wide range of library materials and services to the public. Through the efforts of the Cragin Memorial Library Board of Trustees, individuals in the community have the opportunity to explore books, periodicals, reference materials, videos, and electronic services. This access not only promotes education but also fosters a culture of lifelong learning and intellectual growth among library patrons. The library's impact extends beyond providing information and entertainment; it serves as a hub for community engagement and enrichment.
This information is meant to be a general summary of Cragin Memorial Libary. 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: $9,947
- Gross Receipts: $16,964
Assets and Liabilities:
- Total Assets: $417,467
- Total Liabilities: $0
- Net Assets: $417,467
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Organization Details
Phone
(860) 537-5752Principal Officer
Cindy Praisner
Main Address
8 LINWOOD AVENUE, COLCHESTER, CT, 06415
NTEE Category
Code: B70 - Education
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