Overview
What is Starr Institute Inc?
Starr Institute Inc, doing business as Starr Library, is a nonprofit organization situated in Rhinebeck, New York. With a mission to enrich lives and foster community, this institution provides a vast array of library services and programs. Based in a location with a community of approximately 10,000 individuals, Starr Library offers a wide range of resources, including books, periodicals, and other reference materials. The organization employs a team of 20 individuals dedicated to upholding their commitment to delivering the highest quality library services.
Official website here: www.starr.rhinebeck.lib.ny.us/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Starr Institute Inc, operating as Starr Library, has received an overall score of 84%, which translates to a Three-Star rating. This score is derived entirely from its Accountability & Finance metrics, reflecting a strong emphasis on financial stewardship and transparency. The library boasts a fully independent board, demonstrating a commitment to governance with 100% independent board members.
While the organization scores well in several areas, including having no material diversion of assets and a high program expense ratio of nearly 80%, there are notable limitations. The charity lacks essential policies such as a Conflict of Interest policy, Whistleblower policy, and Document Retention and Destruction policy, which could impact its overall governance and internal controls. Additionally, the absence of the tax form on the nonprofit’s website could hinder public access to financial information.
Overall, Starr Library shows a solid commitment to financial accountability but should address its governance gaps to enhance its operational transparency and effectiveness. Addressing these limitations could help the organization improve its rating and build greater trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Starr Institute Inc legitimate?
Starr Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starr Institute 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: $138,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,011
For more financial information, click here
Official website here: www.starr.rhinebeck.lib.ny.us/
What is the mission statement of Starr Institute Inc?
The Starr Institute Inc, operating under the name Starr Library, is committed to offering top-notch library services and programs. Its mission is to enhance the lives of its community by providing such resources, thereby fostering a sense of community. Through its offerings, the library aims to enrich the lives of around 10,000 individuals, contributing to their personal growth and societal engagement.
Official website here: www.starr.rhinebeck.lib.ny.us/
Who is the CEO of Starr Institute Inc?
David Lavallee is the President of Starr Institute Inc.
Official website here: www.starr.rhinebeck.lib.ny.us/
What is the revenue of Starr Institute Inc?
Starr Institute Inc's revenue in 2022 was $651,530.
Official website here: www.starr.rhinebeck.lib.ny.us/
Who are the executives of Starr Institute Inc and what are their salaries?
The average compensation at Starr Institute Inc during 2022 was $18,303. There are 20 employees and 10 volunteers at Starr Institute Inc.
Here are 10 key members and their salaries:
- Compensation: $95,251
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- Other: $0
- Compensation: $42,800
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.starr.rhinebeck.lib.ny.us/
Where can I find the form 990 for Starr Institute Inc?
Starr Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.starr.rhinebeck.lib.ny.us/
Learn more at the official website: www.starr.rhinebeck.lib.ny.us/
Mission Statement of Starr Institute Inc
Starr Institute Inc, known as Starr Library, is committed to providing its community of around 10,000 individuals with top-notch library services and engaging programming. The organization's mission is centered around enriching lives and fostering a sense of community. By offering a wide array of resources, including books, periodicals, and various reference materials, Starr Library aims to contribute to the intellectual growth and general well-being of its community members. Through these library services and programs, Starr Library strives to create a vibrant and inclusive environment, where individuals can learn, connect, and grow together.
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Impact
July, 2024
Starr Institute Inc Dba Starr Library's impact lies in providing access to high-quality library services and programming that enrich lives and build community in Rhinebeck, NY. By offering a diverse collection of books, periodicals, and reference materials for a community of approximately 10,000 individuals, Starr Library plays a crucial role in promoting education and fostering a love for learning among its patrons. Through its mission to provide access to the highest quality library services, Starr Library contributes to the intellectual and cultural development of the community it serves.
This information is meant to be a general summary of Starr Institute 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: $140,342
- Program Service Revenue: $3,880
- Gross Receipts: $651,530
Assets and Liabilities:
- Total Assets: $2,919,420
- Total Liabilities: $27,685
- Net Assets: $2,891,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellaneous
Revenue
$75
Overdue fines and copies
Revenue
$1,812
Program
Revenue
$1,993
Organization Details
Founding Year
1862
Phone
(845) 876-4030Principal Officer
David Lavallee
Main Address
68 WEST MARKET STREET, RHINEBECK, NY, 12572
NTEE Category
Code: B71Z - Education
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