Overview
What is The Russell Library Company?
The Russell Library Company is a nonprofit organization situated in Middletown, Connecticut, specifically at 123 Broad Street. The city's significant financial support, amounting to approximately 98% of the total budget, enables this library to provide its citizens with integrated services catering to both informational and recreational needs, utilizing the library's extensive collection. The primary mission of The Russell Library Company is to operate a free public library within Middletown, fostering literacy and educational activities for the community's continuous betterment and enjoyment.
Is The Russell Library Company legitimate?
The Russell Library Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Russell Library Company 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.
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What is the mission statement of The Russell Library Company?
The Russell Library Company operates a free public library in its mission to promote literacy and educational activities for the betterment and enjoyment of its community. The library provides a range of services, integrating informational and recreational needs, leveraging its extensive collection. The organization aims to perpetually improve the lives of its patrons through the library's resources. The library relies on substantial support from its local community, with the city of Middletown, CT, contributing approximately 98% of its total funding.
What is the revenue of The Russell Library Company?
The Russell Library Company's revenue in 2024 was $185,785.
Who are the executives of The Russell Library Company and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for The Russell Library Company?
The Russell Library Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Russell Library Company
The Russell Library Company, a renowned organization, is committed to operating a free public library in its community. Its primary mission is to foster literacy and educational activities, aiming to enhance the overall well-being and enjoyment of its residents. By providing access to a vast collection of information and recreational resources, The Russell Library Company integrates the informational and leisure needs of its community, thereby contributing to their perpetual growth and development. The organization receives substantial support, approximately 98% of its total funding, from the city of Middletown, CT, further emphasizing its role as a vital community resource.
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Impact
October, 2024
The Russell Library Company positively impacts the community of Middletown, CT, by providing free public library services that cater to both informational and recreational needs. It promotes literacy and educational activities, ensuring that residents have access to a wealth of resources that enhance their knowledge and enjoyment. With significant financial support from the City of Middletown, the library integrates various services to foster a love of reading and learning among its inhabitants. This commitment to perpetual betterment enriches the community, making the library a vital resource for personal and educational growth.
This information is meant to be a general summary of The Russell Library Company. 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 2024.
- Investment Income: $40,982
- Program Service Revenue: $13,336
- Gross Receipts: $252,249
Assets and Liabilities:
- Total Assets: $1,600,822
- Total Liabilities: $56,980
- Net Assets: $1,543,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$11,629
FINES
Revenue
$1,707
Organization Details
Founding Year
1875
Principal Officer
Ramona Burkey
NTEE Category
Code: B70 - Education
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