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Great Neck Library

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111855653 ✦ Great neck, NY ✦ Designated as a 501(c)(3)

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Overview

What is Great Neck Library?

Great Neck Library is a nonprofit organization situated in Great Neck, New York, specifically at 159 Bayview Avenue. Their mission is to cater to the diverse needs and interests of the local community, fostering lifelong learning through both traditional and innovative library services. The library engages with its diverse population, inspiring ideas and promoting learning opportunities for residents of all ages. With a team of 104 dedicated employees, the library offers a wide range of services to the public, aiming to reflect the diverse interests of the Great Neck School District.


Official website here: www.greatnecklibrary.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Stars)

The Great Neck Library has received a strong 91% rating from Charity Navigator, reflecting its high standards in accountability and finance. This score indicates effective management of resources, with a significant emphasis on transparency and oversight. The library's governance is robust, featuring a fully independent board and clear policies that support ethical operations.

Strengths include a perfect score in various categories, such as having an independent board and sound financial practices. The library demonstrates a commitment to accountability through its comprehensive financial reporting and policies, including conflict of interest and whistleblower protections. Its program expense ratio of 77.44% shows that a substantial portion of its funds are directed towards fulfilling its mission.

However, the library’s liabilities to assets ratio at 62.31% may raise some concerns regarding its financial leverage. Despite this, the overall financial health and operational integrity of the Great Neck Library position it as a trustworthy nonprofit dedicated to serving the community effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Great Neck Library legitimate?

Great Neck Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Neck 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: $3,629,559

For more financial information, click here


Official website here: www.greatnecklibrary.org

What is the mission statement of Great Neck Library?

The Great Neck Library's mission is centered around engaging and inspiring the diverse community, fostering lifelong learning, and promoting ideas through a mix of traditional and innovative library services. Their goal is to provide library services that cater to the needs of residents of all ages, reflecting the varied interests of the Great Neck School District. In essence, the library offers a wide range of services to the public, aiming to cater to the diverse needs and interests of its community.


Official website here: www.greatnecklibrary.org

Who is the CEO of Great Neck Library?

Rory Lancman is the Current Pres of Great Neck Library.


Official website here: www.greatnecklibrary.org

What is the revenue of Great Neck Library?

Great Neck Library's revenue in 2022 was $11,637,861.


Official website here: www.greatnecklibrary.org

Who are the executives of Great Neck Library and what are their salaries?

The average compensation at Great Neck Library during 2022 was $34,900. There are 104 employees at Great Neck Library.


Here are 10 key members and their salaries:


Rory Lancman (Current Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liman Mimi Hu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Mairzadeh (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sontag (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Gold (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Barry Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Panetta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenni Lurman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Kashkin (Business Man)
  • Compensation: $112,885
  • Related: $0
  • Other: $36,431
Denise Corcoran (Director)
  • Compensation: $137,981
  • Related: $0
  • Other: $31,975


Official website here: www.greatnecklibrary.org

Where can I find the form 990 for Great Neck Library?

Great Neck Library's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greatnecklibrary.org

Learn more at the official website: www.greatnecklibrary.org

Mission Statement of Great Neck Library

Great Neck Library, a renowned institution, is committed to engaging and inspiring its diverse community, fostering lifelong learning through both traditional and innovative library services. Its mission extends beyond mere provision of library services; it aims to cater to the needs of residents of all ages, reflecting the diverse interests of the Great Neck School District. The library strives to offer a wide range of services to the public, ensuring that its offerings are accessible and relevant to its diverse community.

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Impact




July, 2024

Great Neck Library plays a crucial role in engaging the diverse community in Great Neck, NY. Through its traditional and innovative library services, the library inspires ideas and accelerates lifelong learning among residents of all ages. By providing a diverse array of services to the public, the Great Neck Library contributes significantly to the educational landscape of the area, fulfilling its mission to meet the needs of the community and reflect the diverse interests of the Great Neck School District.




This information is meant to be a general summary of Great Neck 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.

Revenue
$11,637,861 (2022)
Expenses
$8,078,149 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,980
  • Program Service Revenue: $1,923,806
  • Gross Receipts: $11,637,861

Assets and Liabilities:

  • Total Assets: $34,961,861
  • Total Liabilities: $22,044,374
  • Net Assets: $12,917,487

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OPEB ADJUSTMENT

Revenue

$1,882,907

LIBRARY CHARGES

Revenue

$40,899

Organization Details

Founding Year

1889

Principal Officer

Rory Lancman

Main Address

159 BAYVIEW AVENUE, GREAT NECK, NY, 11023

NTEE Category

Code: B71Z - Education

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