The Queens Library Foundation Inc

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

EIN: 113009405 ✦ Jamaica, NY ✦ Designated as a 501(c)(3)

Overview

What is The Queens Library Foundation Inc?

The Queens Library Foundation Inc is a dedicated nonprofit organization, established in 1988, primarily focused on raising funds for Queens Public Library. Their mission involves supporting various library activities, divisions, and collections. The foundation has successfully secured funds from corporations, individuals, and foundations, totaling $1,081,793. This funding has been utilized to enhance educational opportunities for youth and teens, promote entrepreneurship, expand after-school programs, support early learning for toddlers, and offer resources for New Americans. Additionally, the Queens Library Foundation has invested $375,000 to install extended Wi-Fi devices at 40 library branches, enhancing internet access for communities with low broadband service rates. The foundation also disbursed unrestricted funds, benefiting Queens Public Library branches and facilitating the expansion of collections, events, and activities tailored to diverse community needs.


Official website here: www.queenslibrary.org

Is The Queens Library Foundation Inc legitimate?

The Queens Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Queens Library Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $347,647
Professional Fundraising Fees: $163,000
Other Salaries and Wages: $844,636

For more financial information, click here


Official website here: www.queenslibrary.org

What is the mission statement of The Queens Library Foundation Inc?

The Queens Library Foundation Inc serves as the fundraising arm for Queens Public Library, with a mission to raise funds from various sources to support the library's wide range of free programs and services. The foundation's efforts have resulted in substantial support for initiatives such as career and educational pathways for youth and teens, entrepreneurship programs, after school programs, early learning programs, re-entry services, music and art classes, and resources for New Americans. Additionally, the foundation has secured funds for extending Wi-Fi service beyond library branches, benefiting neighborhoods with low broadband service. Unrestricted funds disbursed by the foundation have been used to expand collections, enhance events, and develop innovative programs at various library branches.


Official website here: www.queenslibrary.org

Who is the CEO of The Queens Library Foundation Inc?

Susan Latham is the Director of The Queens Library Foundation Inc.


Official website here: www.queenslibrary.org

What is the revenue of The Queens Library Foundation Inc?

The Queens Library Foundation Inc's revenue in 2022 was $4,902,562.


Official website here: www.queenslibrary.org

Who are the executives of The Queens Library Foundation Inc and what are their salaries?

Here are 21 key members and their salaries:

    Dennis Walcott (Director)
  • Compensation: $83,506
  • Related: $250,518
  • Other: $2,929

    • Sung Kim (Coo & Svp)
  • Compensation: $4,797
  • Related: $235,055
  • Other: $54,305

    • Michael Tragale (Board Assistant Treasurer)
  • Compensation: $11,219
  • Related: $213,157
  • Other: $54,557

    • Nick Buron (Chief Librarian & Svp)
  • Compensation: $7,786
  • Related: $186,860
  • Other: $74,407

    • Justin Deabler (General Counsel & Svp)
  • Compensation: $9,939
  • Related: $188,836
  • Other: $49,836

    • Gitte Peng (Cos & Svp)
  • Compensation: $42,448
  • Related: $169,792
  • Other: $26,550

    • Susan Latham (Executive Director, Qlf)
  • Compensation: $102,448
  • Related: $11,383
  • Other: $32,818

    • Carl Koerner Esq (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Chin (Board Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Gorton (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Santos (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vincent Arcuri Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Bergtraum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Gioia (Director As Of 10/5/21)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julissa Guttierez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Haddad Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula Kirby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eugene Petracca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Sadowsky (Director Thru 11/10/21)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Santiago (Director As Of 10/5/21)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.queenslibrary.org

    Where can I find the form 990 for The Queens Library Foundation Inc?

    The The Queens Library Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.queenslibrary.org

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

    Mission Statement of The Queens Library Foundation Inc

    The Queens Library Foundation, established in 1988, serves as the fundraising arm for Queens Public Library. Its primary mission is to gather financial support from foundations, corporations, and private individuals to bolster the multitude of free programs and services offered by Queens Public Library. By raising funds, the Foundation contributes to various initiatives aimed at empowering diverse communities. Some of the programs the Foundation supports include career and educational pathways for youth and teens, entrepreneurship programs for small business owners, after-school programs for children, early learning programs for toddlers, re-entry services for formerly incarcerated adults, and resources for New Americans.

    Additionally, The Queens Library Foundation has allocated funds to enhance digital accessibility by installing extended Wi-Fi devices at 40 library branches, extending internet service beyond branch operating hours to benefit neighborhoods with limited broadband coverage. Furthermore, the Foundation disburses unrestricted funds to branches across the library system, enabling them to expand collections, organize events, and develop innovative programs that cater to the diverse needs of their communities. In essence, The Queens Library Foundation's mission is to bolster the capacity of Queens Public Library by securing funding for a wide range of programs and services that contribute to the personal growth, education, and well-being of the community it serves.

    Impact

    This information is meant to be a general summary of The Queens Library Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Queens Library Foundation Inc's impact can be seen in the diverse range of programs and services it supports at the Queens Public Library. Through fundraising efforts, the Foundation raised over $1 million to benefit youth and teens through educational pathways, assist aspiring entrepreneurs with entrepreneurship programs, provide after-school programs for children, offer early learning programs for toddlers, support re-entry services for formerly incarcerated adults, provide music and art classes for older adults, and offer resources for New Americans.

    Additionally, the Foundation allocated $375,000 to install extended Wi-Fi devices at 40 branches, enabling access to the internet beyond operating hours, particularly in neighborhoods with low rates of broadband service. Furthermore, the disbursal of $242,386 in unrestricted funds to Queens Public Library branches has helped expand collections, support diverse community events, and develop innovative programs at 10 branches. The Foundation's efforts contribute to enriching education and community engagement in Jamaica, NY.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,559,138
  • Program Service Revenue: $0
  • Gross Receipts: $18,540,164

    • Assets and Liabilities:
  • Total Assets: $22,489,630
  • Total Liabilities: $346,772
  • Net Assets: $22,142,858
  • Organization Details

    Founding Year

    1988

    Principal Officer

    Susan Latham

    Main Address

    89-11 MERRICK BOULEVARD, JAMAICA, NY, 11432

    NTEE Category

    Code: B70 - Education

    If you are a representative of The Queens Library Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.