Overview
What is Millbrook Library Trust?
Millbrook Library Trust is a nonprofit organization situated in Millbrook, New York. Its primary mission is to raise funds to support the Millbrook Library, enabling it to cover operational expenses and carry out educational activities. This trust generates investment income, which serves as a crucial source of financial assistance for the library's operations. The trust's income is utilized to provide resources and facilitate the library's educational initiatives. The Millbrook Library Trust, as a nonprofit entity, contributes significantly to the community, ensuring the library can continue its role in promoting learning and knowledge.
Is Millbrook Library Trust legitimate?
Millbrook Library Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millbrook Library Trust 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: $30,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Millbrook Library Trust?
The Millbrook Library Trust's mission is centered around generating investment income. This income, in turn, is utilized to support the Millbrook Library. The primary objective of this support is to cover the library's operating expenses, enabling it to carry out its educational activities effectively. The trust's income contribution is instrumental in facilitating the library's day-to-day operations, thereby contributing to the overall wellbeing of the community through educational initiatives.
Who is the CEO of Millbrook Library Trust?
Meredith M Tiedemann is the Trustee of Millbrook Library Trust.
What is the revenue of Millbrook Library Trust?
Millbrook Library Trust's revenue in 2022 was $155,953.
Who are the executives of Millbrook Library Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $30,058
- Related: $0
- Other: $0
Where can I find the form 990 for Millbrook Library Trust?
Millbrook Library Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Millbrook Library Trust
Millbrook Library Trust, a nonprofit organization, is committed to supporting the Millbrook Library. Its mission is to generate investment income, which serves as a fundamental source of funds for the library. This income is utilized by the Millbrook Library to manage its operational expenses, enabling it to carry out various educational activities. In essence, Millbrook Library Trust plays a crucial role in financially sustaining the library, enabling it to provide vital educational services to its community.
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Impact
October, 2024
Millbrook Library Trust significantly enhances the educational offerings and operational capabilities of the Millbrook Library. By providing essential funds, it ensures that the library can effectively carry out its educational activities and fulfill its mission of serving the community. The investment income generated supports a range of operating expenses, allowing the library to maintain its resources, programs, and services essential for the public. This investment in the library fosters a rich learning environment and cultivates a love for reading and lifelong learning within the Millbrook community.
This information is meant to be a general summary of Millbrook Library Trust. 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: $155,953
- Gross Receipts: $1,243,891
Assets and Liabilities:
- Total Assets: $4,862,533
- Total Liabilities: $0
- Net Assets: $4,862,533
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Organization Details
Founding Year
1929
Phone
(845) 677-4266Principal Officer
Meredith M Tiedemann
Main Address
BANK OF MILLBROOK PO BOX 1447, MILLBROOK, NY, 12545
NTEE Category
Code: B71I - Education
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