Overview
What is Essex Library Association Inc?
Essex Library Association Inc, established in Essex, Connecticut, is a nonprofit organization dedicated to operating a professionally directed, free public library. This library serves as a vital community center, fostering lifelong learning. The organization's mission encompasses various forms of education, from traditional materials and programs to cultural enrichment and civic engagement. With a team of 12 dedicated individuals, Essex Library Association Inc plays an essential role in providing knowledge and resources to the town of Essex, contributing to the community's intellectual and social growth.
Official website here: www.essexlib.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Essex Library Association Inc has achieved a commendable score of 88%, earning it a Three-Star rating from Charity Navigator. This score reflects the organization’s strong performance in the Accountability & Finance category, which is crucial for demonstrating sound financial practices and governance. Their commitment to transparency is evident, as they have a fully independent board and robust financial audit practices.
Strengths of the organization include a high accountability score with no material diversion of assets and a strong program expense ratio, indicating that a significant portion of their budget is directed toward fulfilling their mission. Additionally, the library association has established policies in place, such as a conflict of interest policy, and maintains detailed documentation of board meeting minutes, which reinforces their operational integrity.
However, there are noted limitations, including the absence of a whistleblower policy and documents related to retention and destruction. While these gaps do not heavily impact their overall score, addressing them could enhance their accountability framework and further boost stakeholder confidence in their governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Essex Library Association Inc legitimate?
Essex Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Essex 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: $83,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,420
For more financial information, click here
Official website here: www.essexlib.org
What is the mission statement of Essex Library Association Inc?
The Essex Library Association Inc's mission is centered around operating a free public library and serving as a community hub for lifelong learning. This mission encompasses various forms of education, ranging from traditional academic materials and programs to cultural enrichment and civic engagement. The association aims to foster learning in a comprehensive manner, encouraging personal growth and community involvement. As a community center, it promotes lifelong learning opportunities and fosters an environment that encourages intellectual curiosity and civic engagement.
Official website here: www.essexlib.org
Who is the CEO of Essex Library Association Inc?
Betsy Sandberg is the Executive Dir. of Essex Library Association Inc.
Official website here: www.essexlib.org
What is the revenue of Essex Library Association Inc?
Essex Library Association Inc's revenue in 2022 was $680,019.
Official website here: www.essexlib.org
Who are the executives of Essex Library Association Inc and what are their salaries?
The average compensation at Essex Library Association Inc during 2022 was $25,216. There are 12 employees and 75 volunteers at Essex Library Association Inc.
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Official website here: www.essexlib.org
Where can I find the form 990 for Essex Library Association Inc?
Essex Library Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.essexlib.org
Learn more at the official website: www.essexlib.org
Mission Statement of Essex Library Association Inc
Essex Library Association Inc is dedicated to serving as a hub for lifelong learning in the community. Their mission encompasses various forms of education, extending beyond traditional textbooks and lessons to include cultural enrichment and civic engagement. As a community center, they strive to provide resources and programs that foster learning and growth for individuals of all ages. Their professional library, located in Essex, Connecticut, is a testament to their commitment to this mission. The association embraces learning in its diverse manifestations, offering a wide range of opportunities for personal development and enrichment.
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Impact
July, 2024
Essex Library Association Inc's impact is felt through its operation of a free public library and its role as a community center for lifelong learning in Essex, Connecticut. By providing access to traditional educational materials, cultural enrichment programs, and opportunities for civic engagement, the library plays a vital role in promoting learning and knowledge within the community. Its mission to serve as a hub for various forms of learning underscores its commitment to education and the enrichment of individuals in Essex.
This information is meant to be a general summary of Essex 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: $208,881
- Program Service Revenue: $1,914
- Gross Receipts: $1,276,760
Assets and Liabilities:
- Total Assets: $5,310,772
- Total Liabilities: $3,546
- Net Assets: $5,307,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LATE FINES/COPIER FEES
Revenue
$1,715
lost & damaged books
Revenue
$199
Organization Details
Founding Year
1893
Phone
(860) 767-1560Principal Officer
Betsy Sandberg
Main Address
33 WEST AVENUE, ESSEX, CT, 06426
Website
www.essexlib.orgNTEE Category
Code: B71Z - Education
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