Overview
What is Cortland Free Library?
The Cortland Free Library is a nonprofit organization located at 32 Church Street, Cortland, New York 13045. Serving a local community, it offers association library services and programs, with a catalog of approximately 90,000 items available for loan to its 9,800 registered borrowers. The library's mission is to provide informative, educational, inspiring, enriching, entertaining, and informative materials, as well as promoting literacy development, language skill acquisition, lifelong learning, recreation, and research tools. With a dedicated team of 52 employees, the library works tirelessly to fulfill this mission and enrich the lives of its patrons.
Official website here: www.cortlandfreelibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Cortland Free Library has received an impressive Four-Star rating, reflective of its strong commitment to accountability and finance. The charity's overall score is based entirely on its accountability measures, showcasing a high level of transparency and organizational integrity. The library's fiscal responsibility is evident in its low liabilities to assets ratio and a substantial percentage of expenses directed toward programs.
One of the organization's notable strengths is its governance structure, with a fully independent board comprised of 14 members, ensuring unbiased decision-making. The library also adheres to best practices with policies in place regarding conflicts of interest, whistleblowing, and document retention, all of which contribute to its high accountability score. Furthermore, financial statements are well-reviewed, indicating a robust oversight mechanism.
While the library has demonstrated excellence in its financial management and governance, the single beacon score may limit the overall evaluation of the organization's impact in areas beyond financials. Nonetheless, the high program expense ratio shows a dedication to its mission, reinforcing the library's role as a valuable community resource.
This AI summary has been generated from information found on Charity Navigator.
Is Cortland Free Library legitimate?
Cortland Free Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cortland Free Library 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: $55,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,968
For more financial information, click here
Official website here: www.cortlandfreelibrary.org
What is the mission statement of Cortland Free Library?
The Cortland Free Library's mission is centered around providing educational, inspiring, enriching, entertaining, and informative materials and programs. This includes promoting the necessary tools, skills, and techniques for literacy development, language skill acquisition, lifelong learning, recreation, and research. The library's activities are geared towards serving the local community, offering approximately 90,000 catalogued items for loan to over 9,800 registered borrowers, fostering a culture of learning and knowledge sharing.
Official website here: www.cortlandfreelibrary.org
Who is the CEO of Cortland Free Library?
Lauren Mossotti-Kline is the Librarydirector of Cortland Free Library.
Official website here: www.cortlandfreelibrary.org
What is the revenue of Cortland Free Library?
Cortland Free Library's revenue in 2022 was $739,039.
Official website here: www.cortlandfreelibrary.org
Who are the executives of Cortland Free Library and what are their salaries?
The average compensation at Cortland Free Library during 2022 was $5,049. There are 52 employees and 30 volunteers at Cortland Free Library.
Here are 16 key members and their salaries:
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Official website here: www.cortlandfreelibrary.org
Where can I find the form 990 for Cortland Free Library?
Cortland Free Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cortlandfreelibrary.org
Learn more at the official website: www.cortlandfreelibrary.org
Mission Statement of Cortland Free Library
Cortland Free Library, as a nonprofit organization, is committed to providing information, materials, and programs that serve various purposes. It aims to educate, inspire, enrich, entertain, and inform its community members. Furthermore, the library promotes the tools, skills, and techniques necessary for literacy development, language skill acquisition, lifelong learning, recreation, and research. By doing so, Cortland Free Library seeks to empower individuals and foster a culture of continuous learning and personal growth. The library's services and programs are designed to cater to the needs of its registered borrowers in the local area, offering approximately 90,000 catalogued items for loan.
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Impact
October, 2024
Cortland Free Library significantly impacts the local community by providing essential resources and programs that educate, inspire, and entertain. With a collection of approximately 90,000 cataloged items, the library serves around 9,800 registered borrowers, ensuring access to a diverse range of materials for everyone in the region.
By promoting literacy development and lifelong learning, the library equips individuals with the tools, skills, and techniques necessary for language acquisition and personal growth. Its programs encourage recreational reading, research, and community engagement, making it a vital hub for educational and cultural enrichment. Through its dedicated services, Cortland Free Library fosters an environment where individuals of all ages can thrive, cultivate their interests, and expand their knowledge.
This information is meant to be a general summary of Cortland Free Library. 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: $98,598
- Program Service Revenue: $17,172
- Gross Receipts: $1,025,502
Assets and Liabilities:
- Total Assets: $5,420,431
- Total Liabilities: $16,314
- Net Assets: $5,404,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fines & Compensating Fees
Revenue
$15,613
SALE OF BOOKS
Revenue
$1,559
Organization Details
Founding Year
1925
Phone
(607) 753-1042Principal Officer
Lauren Mossotti-Kline
Main Address
32 CHURCH STREET, CORTLAND, NY, 13045
Website
www.cortlandfreelibrary.orgNTEE Category
Code: B71Z - Education
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