Overview
What is Cold Spring Harbor Village Improvement Society Library Inc?
Cold Spring Harbor Village Improvement Society Library Inc, established in 1886, is a nonprofit organization serving the communities of Cold Spring Harbor, Laurel Hollow, and Lloyd Harbor. Registered with the New York State Board of Regents, this library operates as a free association, providing resources to its community members. While the description does not specify its exact activities or mission, it is classified as a library, which typically involves offering books, educational programs, and community resources.
Official website here: www.cshlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Cold Spring Harbor Village Improvement Society Library Inc has achieved a strong 92% score, earning a Four-Star rating from Charity Navigator. This rating indicates a high level of accountability and financial management, reflecting the organization's commitment to maintaining transparency and responsible stewardship of resources. The rating is derived entirely from their Accountability & Finance score, which underscores the importance of these aspects in nonprofit operations.
The organization showcases strong governance practices, with a fully independent board comprising eight members and robust policies such as conflict of interest and whistleblower protections in place. They have also demonstrated sound financial health, evidenced by a low liabilities-to-assets ratio of 18.38% and a significant commitment to program expenses, allocating over 80% of expenditures directly to their programs.
While the rating highlights numerous strengths in accountability and financial management, it is important for potential donors and supporters to also consider the impact and effectiveness of the programs offered by the organization. Overall, the Cold Spring Harbor Village Improvement Society Library Inc demonstrates a solid foundation of governance and financial responsibility that supports its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cold Spring Harbor Village Improvement Society Library Inc legitimate?
Cold Spring Harbor Village Improvement Society Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cold Spring Harbor Village Improvement Society Library 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: $147,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,067,561
For more financial information, click here
Official website here: www.cshlibrary.org
What is the mission statement of Cold Spring Harbor Village Improvement Society Library Inc?
The Cold Spring Harbor Village Improvement Society Library Inc is registered as a free association library with the New York State Board of Regents. Its mission, as stated, is to operate as a free association library, implying a commitment to providing accessible and free literary resources. However, the provided information does not offer detailed insights into the library's objectives, services, or impact on its community. Consequently, it is challenging to provide a comprehensive mission statement summary beyond the registration details.
Official website here: www.cshlibrary.org
Who is the CEO of Cold Spring Harbor Village Improvement Society Library Inc?
Vincent Parziale is the Director of Cold Spring Harbor Village Improvement Society Library Inc.
Official website here: www.cshlibrary.org
What is the revenue of Cold Spring Harbor Village Improvement Society Library Inc?
Cold Spring Harbor Village Improvement Society Library Inc's revenue in 2023 was $3,167,660.
Official website here: www.cshlibrary.org
Who are the executives of Cold Spring Harbor Village Improvement Society Library Inc and what are their salaries?
The average compensation at Cold Spring Harbor Village Improvement Society Library Inc during 2023 was $25,318. There are 48 employees and 8 volunteers at Cold Spring Harbor Village Improvement Society Library Inc.
Here are 9 key members and their salaries:
- Compensation: $147,726
- Related: $0
- Other: $11,949
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cshlibrary.org
Where can I find the form 990 for Cold Spring Harbor Village Improvement Society Library Inc?
Cold Spring Harbor Village Improvement Society Library Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cshlibrary.org
Learn more at the official website: www.cshlibrary.org
Mission Statement of Cold Spring Harbor Village Improvement Society Library Inc
The Cold Spring Harbor Village Improvement Society Library Inc is a registered free association library with the New York State Board of Regents. This organization's mission, as stated, is to operate as a free association library, registered with the New York State Board of Regents. The library serves the communities of Cold Spring Harbor, Laurel Hollow, and Lloyd Harbor. Established in 1886, this institution plays a significant role in the region, providing a wealth of knowledge and resources to its community members.
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Impact
July, 2024
Cold Spring Harbor Village Improvement Society Library Inc, founded in 1886, has been making a significant impact by serving the communities of Cold Spring Harbor, Laurel Hollow, and Lloyd Harbor. Through its free association library registered with the NY State Board of Regents, the organization plays a crucial role in providing educational resources and fostering a sense of community among residents. The library's mission to promote education is evident in its longstanding commitment to offering free access to information and programs that enrich the lives of those it serves. Overall, the Cold Spring Harbor Library and Environmental Center's impact extends beyond its walls, contributing to the intellectual and cultural development of the surrounding area.
This information is meant to be a general summary of Cold Spring Harbor Village Improvement Society Library 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 2023.
- Investment Income: $29,846
- Program Service Revenue: $48,311
- Gross Receipts: $3,167,660
Assets and Liabilities:
- Total Assets: $10,295,674
- Total Liabilities: $1,893,036
- Net Assets: $8,402,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINES AND CHARGES
Revenue
$3,255
OTHER RELATED INCOME
Revenue
$5,916
PROGRAM INCOME
Revenue
$39,140
Organization Details
Founding Year
1909
Phone
(631) 692-6820Principal Officer
Vincent Parziale
Main Address
95 HARBOR ROAD, COLD SPRING HARBOR, NY, 11724
Website
www.cshlibrary.orgNTEE Category
Code: B71Z - Education
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