Overview
What is Stratford Library Association?
The Stratford Library Association, located at 2203 MAIN STREET, STRATFORD, CT, 06615, is a dedicated nonprofit organization serving the Stratford community. Their primary mission is to offer library services to the public, empowering and enriching the diverse community by providing access to innovative resources, information, and ideas. In the fiscal year 2023, they boasted a remarkable 32,489 registered cardholders, offering 3,247 diverse programs. The association's initiatives resulted in an impressive 90,495 items borrowed by the community during the same period. The Stratford Library Association employs a team of 51 dedicated individuals to ensure the seamless operation of their services and programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Stratford Library Association has achieved a solid Three-Star rating from Charity Navigator, reflecting its commendable performance in accountability and finance. The score, derived entirely from its accountability metrics, demonstrates a strong commitment to transparency and responsible financial management.
The organization excels in its governance structure, boasting a fully independent board and a robust audit and oversight committee. This strong oversight contributes to a low liability-to-assets ratio and a high percentage of expenses directed towards programming, indicating effective use of funds to fulfill its mission.
While the overall rating is positive, the score is solely based on financial and accountability metrics. User feedback is not included in the evaluation, which could provide a more well-rounded view of the organization’s impact and public perception. Nevertheless, the financial health and governance practices are notable strengths of the Stratford Library Association.
This AI summary has been generated from information found on Charity Navigator.
Is Stratford Library Association legitimate?
Stratford Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stratford Library Association 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: $120,363
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,001,952
For more financial information, click here
What is the mission statement of Stratford Library Association?
The Stratford Library Association's mission is centered around empowering and enriching their diverse community. They accomplish this by providing access to innovative services, information, and ideas. This non-profit organization strives to cater to the needs of the general public in the Stratford community, offering a vast array of programs and services. In the fiscal year 2023, they served 32,489 registered cardholders, presented 3,247 programs, and lent out over 90,000 items to their patrons.
Who is the CEO of Stratford Library Association?
Donald Putrimas is the President of Stratford Library Association.
What is the revenue of Stratford Library Association?
Stratford Library Association's revenue in 2023 was $4,284,622.
Who are the executives of Stratford Library Association and what are their salaries?
The average compensation at Stratford Library Association during 2023 was $41,614. There are 51 employees and 121 volunteers at Stratford Library Association.
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- Compensation: $100,184
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- Other: $13,653
Where can I find the form 990 for Stratford Library Association?
Stratford Library Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stratford Library Association
The Stratford Library Association, a notable nonprofit organization, is dedicated to empowering and enriching its diverse community by providing access to innovative services, information, and ideas. Its primary mission is to offer library services to the public in the Stratford community. This mission is accomplished through various means, including catering to the needs of 32,489 registered cardholders and offering a vast array of programs, totaling 3,247 in the fiscal year 2023. The organization also facilitates the borrowing of over 90,000 items in the same year, ensuring that its community has an abundance of resources at their disposal. By providing such services, the Stratford Library Association aims to foster knowledge, encourage personal growth, and promote a love for learning within its community.
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Impact
July, 2024
The impact of the Stratford Library Association is significant in empowering and enriching the diverse community in Stratford, Connecticut. With a mission to provide access to innovative services, information, and ideas, the library has had a profound impact on the 32,489 registered cardholders in the community.
In the fiscal year, the library offered 3,247 programs, showcasing its commitment to education and community engagement. Additionally, with 230,495 items borrowed, the library has played a crucial role in promoting literacy and lifelong learning among its patrons.
Overall, the Stratford Library Association's impact can be seen in its dedication to serving the general public, providing valuable resources and opportunities for individuals to learn, grow, and connect with their community.
This information is meant to be a general summary of Stratford Library Association. 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: $171,126
- Program Service Revenue: $12,920
- Gross Receipts: $5,536,754
Assets and Liabilities:
- Total Assets: $6,693,449
- Total Liabilities: $15,752
- Net Assets: $6,677,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COPY MACHINE INCOME
Revenue
$12,920
Organization Details
Founding Year
1895
Phone
(203) 385-4166Principal Officer
Donald Putrimas
Main Address
2203 MAIN STREET, STRATFORD, CT, 06615
NTEE Category
Code: B03 - Education
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