Overview
What is Hampton Library In Bridgehampton Inc?
Hampton Library In Bridgehampton Inc is a nonprofit organization based in Bridgehampton, New York. Situated at PO Box 3025, this institution's primary mission is to offer library services to the residents residing in the Bridgehampton and Sagaponack school districts. With a dedicated workforce of 27 employees, Hampton Library In Bridgehampton Inc strives to cater to the informational needs of its community, ensuring access to books and other educational resources. The organization's efforts contribute significantly to the overall development and enrichment of its local community.
Official website here: www.hamptonlibrary.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Hampton Library In Bridgehampton Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is heavily influenced by its accountability practices, which are rated at 96. This high score suggests that the organization is committed to transparency and responsible management of its resources.
One of the key strengths of the library is its governance structure, with an entirely independent board composed of nine members. The charity also maintains solid financial oversight, demonstrated by its robust audit and oversight committee. The lack of any material diversion of assets further indicates that the organization is effectively safeguarding its financial integrity.
However, while the organization excels in accountability and finance, the summary does not provide insights into the library's programmatic impact or community engagement. Despite this limitation, the high program expense ratio of 69.75% suggests that a significant portion of its budget is directed toward programs, which is a positive indication of the library’s commitment to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Hampton Library In Bridgehampton Inc legitimate?
Hampton Library In Bridgehampton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hampton Library In Bridgehampton 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,803
For more financial information, click here
Official website here: www.hamptonlibrary.org
What is the mission statement of Hampton Library In Bridgehampton Inc?
Hampton Library In Bridgehampton Inc's mission is centered around providing library services to the residents of the Bridgehampton and Sagaponack school districts. The organization strives to serve this community by offering a variety of resources and facilities, aiming to enrich and educate its members. Through these library services, the library aims to contribute to the intellectual and cultural growth of its patrons, fostering a love for learning and knowledge. The library's mission is to be a vital resource for the community, providing access to information, promoting literacy, and fostering a sense of community. It seeks to cater to the diverse needs and interests of its patrons, ensuring that everyone has an opportunity to learn and grow.
Official website here: www.hamptonlibrary.org
Who is the CEO of Hampton Library In Bridgehampton Inc?
Louise Collins is the President of Hampton Library In Bridgehampton Inc.
Official website here: www.hamptonlibrary.org
What is the revenue of Hampton Library In Bridgehampton Inc?
Hampton Library In Bridgehampton Inc's revenue in 2022 was $1,667,719.
Official website here: www.hamptonlibrary.org
Who are the executives of Hampton Library In Bridgehampton Inc and what are their salaries?
The average compensation at Hampton Library In Bridgehampton Inc during 2022 was $26,845. There are 27 employees at Hampton Library In Bridgehampton Inc.
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Official website here: www.hamptonlibrary.org
Where can I find the form 990 for Hampton Library In Bridgehampton Inc?
Hampton Library In Bridgehampton Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hamptonlibrary.org
Learn more at the official website: www.hamptonlibrary.org
Mission Statement of Hampton Library In Bridgehampton Inc
Hampton Library In Bridgehampton Inc is committed to providing library services to the residents of the Bridgehampton and Sagaponack school districts. This nonprofit organization's mission is to serve as a vital resource, offering a wide range of literature, educational materials, and technological tools to enhance the learning and recreational experiences of the community. By doing so, Hampton Library In Bridgehampton Inc aims to foster a love for reading and lifelong learning among its patrons, contributing to their personal growth and overall well-being. The organization's mission is to be a welcoming and inclusive space, where individuals of all ages and backgrounds can come together to explore, learn, and engage with the world around them.
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Impact
July, 2024
Hampton Library in Bridgehampton Inc's impact is centered around providing essential library services to the residents of the Bridgehampton and Sagaponack school districts. By offering access to resources, educational materials, and community programs, the library plays a vital role in supporting lifelong learning, literacy, and intellectual growth among its local population. Through its mission to serve as a hub for knowledge and connection, Hampton Library contributes to the educational advancement and cultural enrichment of individuals in the Bridgehampton and Sagaponack communities.
This information is meant to be a general summary of Hampton Library In Bridgehampton 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 2022.
- Investment Income: $36,130
- Program Service Revenue: $3,322
- Gross Receipts: $1,968,958
Assets and Liabilities:
- Total Assets: $9,538,205
- Total Liabilities: $32,234
- Net Assets: $9,505,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINES, FEES ETC
Revenue
$3,322
Organization Details
Founding Year
1876
Phone
(631) 537-0015Principal Officer
Louise Collins
Main Address
PO BOX 3025, BRIDGEHAMPTON, NY, 119323025
Website
www.hamptonlibrary.orgNTEE Category
Code: B71Z - Education
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