Overview
What is Rose Memorial Library Association?
The Rose Memorial Library Association, based in Stony Point, New York, is a not-for-profit organization established in 1949. Its primary purpose is to cater to the educational, cultural, and social needs of the local community. The association provides a diverse range of resources, from print and digital materials to expert-led classes and workshops, catering to various age groups and interests. The library's childhood and family programs focus on literacy, social-emotional skills, creativity, and play-based learning, while its teen programs offer volunteer opportunities, culinary classes, and art sessions. Adult programming reflects the community's interests, encompassing topics like expert demonstrations, arts workshops, defensive driving, and yoga classes. The library is governed by an elected Board of Trustees and is a member of the Ramapo Catskill Library System, mainly funded through municipal and school district tax assessments, serving a community of 14,813 residents.
Official website here: www.rosememoriallibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Rose Memorial Library Association has achieved an impressive 96% overall score, reflecting strong performance in its accountability and finance practices. This rating highlights the organization’s commitment to transparency and effective financial management, with a perfect score in several key areas such as independent board members and the oversight of financial statements.
The nonprofit boasts a majority of independent board members, which contributes to its strong governance structure. Furthermore, the organization demonstrates sound financial health, as indicated by a low liabilities to assets ratio of just 3.51% and a program expense ratio of 71.26%, signifying that a significant portion of its budget is dedicated to its programs and services rather than administrative costs.
While the Rose Memorial Library Association excels in various metrics, the reported salary for the Executive Director, Alice Meacham, is $83,917, which may be a point of consideration for some donors. Overall, the organization is well-regarded for its operational integrity and effective use of resources, making it a reliable choice for those looking to support library services.
This AI summary has been generated from information found on Charity Navigator.
Is Rose Memorial Library Association legitimate?
Rose Memorial Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rose Memorial 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,460
For more financial information, click here
Official website here: www.rosememoriallibrary.org
What is the mission statement of Rose Memorial Library Association?
The Rose Memorial Library Association, established in 1949 and governed by an elected Board of Trustees, is a New York-based not-for-profit organization. Its primary objective is to cater to the educational, cultural, and social requirements of its community. It achieves this by offering opportunities for community interaction, gatherings, and supplying resources for literacy, education, and cultural enrichment. The association, which serves a population of 14,813 residents (as per the 2020 US Census), is primarily funded through municipal and school district tax assessments and is a part of the Ramapo Catskill Library System.
Official website here: www.rosememoriallibrary.org
Who is the CEO of Rose Memorial Library Association?
James Brooks is the President of Rose Memorial Library Association.
Official website here: www.rosememoriallibrary.org
What is the revenue of Rose Memorial Library Association?
Rose Memorial Library Association's revenue in 2022 was $554,511.
Official website here: www.rosememoriallibrary.org
Who are the executives of Rose Memorial Library Association and what are their salaries?
The average compensation at Rose Memorial Library Association during 2022 was $20,086. There are 17 employees and 49 volunteers at Rose Memorial Library Association.
Here are 6 key members and their salaries:
- Compensation: $75,000
- 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.rosememoriallibrary.org
Where can I find the form 990 for Rose Memorial Library Association?
Rose Memorial Library Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rosememoriallibrary.org
Learn more at the official website: www.rosememoriallibrary.org
Mission Statement of Rose Memorial Library Association
The Rose Memorial Library Association, established in 1949 and charted by the Regents of the State of New York, is a not-for-profit organization with a mission to cater to the educational, cultural, and social needs of its community. Situated in the Town of Stony Point, this organization serves a population of 14,813 residents (as per the US Census 2020). The Rose Memorial Library Association is governed by an elected Board of Trustees and is a member of the Ramapo Catskill Library System. The primary source of its support comes from municipal and school district tax assessments. Its primary objective is to foster opportunities for community gathering and offer materials and programs that promote literacy, education, and culture. The library association aims to serve as a bridge for its community, providing a platform for connection and growth.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Rose Memorial Library Association has a significant impact on the community of the Town of Stony Point by serving the educational, cultural, and social needs of its 14,813 residents. Through its various programs and resources, the library provides opportunities for community connection, gathering, literacy, educational advancement, and cultural enrichment. The library offers a wide range of materials in different formats, diverse programming for all ages, and spaces for learning, creativity, and exploration. With its dedicated services and commitment to lifelong learning, Rose Memorial Library Association plays a vital role in enhancing the quality of life and fostering a sense of community in Stony Point.
This information is meant to be a general summary of Rose Memorial 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 2022.
- Investment Income: $4,666
- Program Service Revenue: $293
- Gross Receipts: $554,511
Assets and Liabilities:
- Total Assets: $919,171
- Total Liabilities: $30,558
- Net Assets: $888,613
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY FINES
Revenue
$293
Organization Details
Founding Year
1952
Phone
(845) 786-2100Principal Officer
James Brooks
Main Address
79 EAST MAIN STREET, STONY POINT, NY, 10980
Website
www.rosememoriallibrary.orgNTEE Category
Code: B70 - Education
If you are a representative of Rose Memorial Library Association 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.