Overview
What is Riverhead Free Library Association?
The Riverhead Free Library Association, situated at 330 Court Street, Riverhead, New York 11901, is a dedicated nonprofit organization. Its primary aim is to serve the local community by providing various educational resources, such as books, DVDs, compact discs, videos, and computer services. Their mission is to offer library services, materials, and programs to the community, ensuring access to diverse learning opportunities. With a team of 68 dedicated individuals, they work tirelessly to enrich the educational landscape in their region.
Official website here: www.riverheadlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Riverhead Free Library Association has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is primarily based on the organization's accountability and financial practices, demonstrating a solid commitment to transparency and fiscal responsibility.
Strengths of the library include an entirely independent board of directors, effective financial oversight, and a high program expense ratio of 87.78%, which indicates that the majority of their funding is directly allocated to programs and services. Their policies on conflict of interest, whistleblower protection, and document retention are all well addressed, showcasing robust governance practices.
However, the library's liabilities to assets ratio of 78.48% raises some concerns, as this figure suggests potential financial instability. While the organization excels in many aspects, addressing this liability issue could enhance their overall fiscal health and ensure continued service to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Riverhead Free Library Association legitimate?
Riverhead Free Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverhead Free 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: $118,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,726,507
For more financial information, click here
Official website here: www.riverheadlibrary.org
What is the mission statement of Riverhead Free Library Association?
The Riverhead Free Library Association's mission is centered around providing library services, resources, and programs to the community. In essence, their objective is to cater to the educational needs of their patrons, offering a variety of materials such as books, DVDs, compact discs, and computer services. The association's main goal is to serve the local community effectively in these areas.
Official website here: www.riverheadlibrary.org
Who is the CEO of Riverhead Free Library Association?
Janet O'Hare is the President of Riverhead Free Library Association.
Official website here: www.riverheadlibrary.org
What is the revenue of Riverhead Free Library Association?
Riverhead Free Library Association's revenue in 2023 was $4,459,982.
Official website here: www.riverheadlibrary.org
Who are the executives of Riverhead Free Library Association and what are their salaries?
The average compensation at Riverhead Free Library Association during 2023 was $27,132. There are 68 employees and 8 volunteers at Riverhead Free Library Association.
Here are 9 key members and their salaries:
- Compensation: $118,456
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Official website here: www.riverheadlibrary.org
Where can I find the form 990 for Riverhead Free Library Association?
Riverhead Free Library Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riverheadlibrary.org
Learn more at the official website: www.riverheadlibrary.org
Mission Statement of Riverhead Free Library Association
The Riverhead Free Library Association is committed to serving its community by providing a variety of library services, materials, and programs. This nonprofit organization's mission is centered around facilitating educational resources for its patrons. This encompasses offering an extensive collection of books, DVDs, compact discs, videos, and computer services. By doing so, the Riverhead Free Library Association aims to contribute positively to the community's educational growth and development.
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Impact
July, 2024
Riverhead Free Library Association's impact is evident through its provision of library services, materials, and programs to the community of Riverhead, NY. By offering a wide range of educational resources such as library books, DVDs, compact discs, videos, and computer services, the library plays a vital role in serving patrons in all aspects of their educational needs. Through its mission to provide these essential services and materials, Riverhead Free Library Association contributes significantly to the educational and informational enrichment of the local community.
This information is meant to be a general summary of Riverhead Free 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: $13,660
- Program Service Revenue: $35,164
- Gross Receipts: $4,459,982
Assets and Liabilities:
- Total Assets: $9,319,991
- Total Liabilities: $7,315,994
- Net Assets: $2,003,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINES & FEES
Revenue
$10,562
MISCELLANEOUS INCOME
Revenue
$1,991
PROGRAM REVENUE
Revenue
$22,611
Organization Details
Founding Year
1896
Phone
(631) 727-3228Principal Officer
Janet O'Hare
Main Address
330 COURT ST, RIVERHEAD, NY, 11901
Website
www.riverheadlibrary.orgNTEE Category
Code: B71Z - Education
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