Overview
What is Floyd Memorial Library?
Floyd Memorial Library is a vital community resource, functioning as a public library in the local area. This nonprofit organization offers a multitude of services to its residents, including lending books, videos, and DVDs, as well as providing computer access. Additionally, Floyd Memorial Library takes an active role in community education by organizing special programs and exhibits. Its mission enriches the lives of its patrons by fostering a love for reading and knowledge.
Official website here: www.floydmemoriallibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Floyd Memorial Library has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The library's overall score indicates solid governance and financial practices, which are essential for maintaining trust and transparency with donors and the community it serves.
Key strengths of the Floyd Memorial Library include a fully independent board and a high percentage of program expenses, which signifies that the majority of its funds are directly allocated to its core mission. The organization has also maintained robust financial controls, evidenced by excellent scores in areas such as financial audits and the absence of material diversions of assets.
While the library’s financial health appears strong, the focus on accountability and finance means other aspects, such as community impact and program effectiveness, are not reflected in this score. Overall, the library demonstrates a commitment to transparency and responsible management, making it a trustworthy choice for supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Floyd Memorial Library legitimate?
Floyd Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floyd Memorial Library 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: $142,011
For more financial information, click here
Official website here: www.floydmemoriallibrary.org
What is the mission statement of Floyd Memorial Library?
The Floyd Memorial Library, functioning as a public institution, is dedicated to serving its local community by providing a variety of services. Its primary role involves lending books, videos, and DVDs to the public, in addition to offering computer access. Beyond these, the library also organizes special educational programs and exhibits, aiming to enrich and educate its patrons.
Official website here: www.floydmemoriallibrary.org
Who is the CEO of Floyd Memorial Library?
Ellen Nasto is the Former Director of Floyd Memorial Library.
Official website here: www.floydmemoriallibrary.org
What is the revenue of Floyd Memorial Library?
Floyd Memorial Library's revenue in 2022 was $865,482.
Official website here: www.floydmemoriallibrary.org
Who are the executives of Floyd Memorial Library and what are their salaries?
The average compensation at Floyd Memorial Library during 2022 was $9,467. There are 15 employees and 18 volunteers at Floyd Memorial Library.
Here are 10 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $13,200
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.floydmemoriallibrary.org
Where can I find the form 990 for Floyd Memorial Library?
Floyd Memorial Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.floydmemoriallibrary.org
Learn more at the official website: www.floydmemoriallibrary.org
Mission Statement of Floyd Memorial Library
Floyd Memorial Library, as a public institution, is dedicated to serving its local community by offering an array of resources. Its mission encompasses providing access to a diverse collection of books, videos, and DVDs for borrowing. Beyond lending materials, the library also extends its services to include computer access, catering to the digital needs of its patrons. Additionally, Floyd Memorial Library organizes special educational programs and exhibits, fostering a learning environment and engaging the community in various events.
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Impact
July, 2024
The Floyd Memorial Library in Greenport, NY, has a significant impact on the local community by providing access to a diverse collection of books, videos, and DVDs. Additionally, the library offers computer access to residents, promoting digital literacy and access to information. Through its special educational programs and exhibits, the library contributes to the educational enrichment of its patrons, further solidifying its role as a valuable resource for learning and engagement in the community.
This information is meant to be a general summary of Floyd Memorial Library. 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: $1,986
- Program Service Revenue: $1,668
- Gross Receipts: $865,482
Assets and Liabilities:
- Total Assets: $2,641,905
- Total Liabilities: $670,074
- Net Assets: $1,971,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NON-RES. & COPIER FEES
Revenue
$1,668
Organization Details
Founding Year
1918
Phone
(631) 477-0660Principal Officer
Ellen Nasto
Main Address
539 FIRST STREET, GREENPORT, NY, 11944
Website
www.floydmemoriallibrary.orgNTEE Category
Code: B70 - Education
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