Overview
What is Myers Memorial Library?
Myers Memorial Library is a nonprofit institution situated in Frewsburg, New York. Established at 6 Falconer St PO Box 559, the library primarily focuses on providing a wide range of resources for public use, including books, audio recordings, videos, and periodicals, all available for loan at no cost. With an annual circulation of 19,513 items and 9,585 patron visits, the library is actively engaged in fostering an educational environment that promotes recreational reading and long-term interest in learning. Employing a team of three individuals, Myers Memorial Library aims to create a conducive atmosphere for individuals to pursue knowledge, delve into research, and develop an enduring love for reading.
Official website here: www.myersmemoriallibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
Myers Memorial Library has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 50%. The organization's accountability and finance metrics indicate a well-structured board, with all members being independent and a complete board size, but it falls short in areas such as missing a whistleblower policy and not posting its tax forms on its website. These factors significantly impact its overall score, highlighting areas for improvement in transparency and governance.
Despite its strengths in board independence and the absence of material asset diversion, Myers Memorial Library's program expense ratio of 20.93% raises concerns about the allocation of its financial resources towards its stated mission. This low ratio suggests that a minimal portion of the budget is devoted to programs, which may affect the charity's effectiveness and community impact.
To enhance its rating and public trust, Myers Memorial Library should focus on implementing missing policies, improving its financial performance in programs, and ensuring that key documents are easily accessible to stakeholders. By addressing these limitations, the library could potentially enhance its overall impact and credibility within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Myers Memorial Library legitimate?
Myers Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myers Memorial 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,905
For more financial information, click here
Official website here: www.myersmemoriallibrary.org
What is the mission statement of Myers Memorial Library?
The Myers Memorial Library's mission is centered around fostering an environment that motivates individuals to embark on a continuous learning journey. This is achieved through the promotion of recreational reading, research, and cultivating a lifelong interest in reading for both learning and enjoyment. The library supports this mission by providing a wide range of resources such as books, audio recordings, videos, and periodicals, all of which are available for free lending to the public. The library's circulation statistics show that it served 19,513 individuals, and its physical space was visited by 9,585 patrons.
Official website here: www.myersmemoriallibrary.org
Who is the CEO of Myers Memorial Library?
Melvin Feather is the Trustee, Board President of Myers Memorial Library.
Official website here: www.myersmemoriallibrary.org
What is the revenue of Myers Memorial Library?
Myers Memorial Library's revenue in 2022 was $163,324.
Official website here: www.myersmemoriallibrary.org
Who are the executives of Myers Memorial Library and what are their salaries?
The average compensation at Myers Memorial Library during 2022 was $14,635. There are 3 employees and 1 volunteer at Myers Memorial Library.
Here are 12 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $11,536
- Related: $0
- Other: $0
- Compensation: $2,369
- 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
- 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.myersmemoriallibrary.org
Where can I find the form 990 for Myers Memorial Library?
Myers Memorial Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myersmemoriallibrary.org
Learn more at the official website: www.myersmemoriallibrary.org
Mission Statement of Myers Memorial Library
Myers Memorial Library, a renowned institution, is dedicated to creating an environment that motivates individuals to embark on a persistent journey of learning. This is achieved through recreational reading, extensive research, and fostering a lifelong love for reading, not just for pleasure, but also for educational growth. The library's mission is centered around encouraging individuals to develop this sustained plan of learning, promoting reading as a valuable tool for both enjoyment and enlightenment.
To accomplish this mission, Myers Memorial Library provides a wide range of resources for public use. These resources include books, audio recordings, videos, and periodicals, all of which can be borrowed free of charge. The library's circulation statistics, with 19,513 books loaned out, and the 9,585 patron visits, are a testament to the library's success in fostering a love for learning among its patrons. By offering these resources, Myers Memorial Library is not only promoting intellectual growth but also nurturing a lifelong interest in reading, ensuring that the joy of learning continues beyond the library's doors.
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Impact
October, 2024
Myers Memorial Library significantly enriches the community by fostering a love for reading, learning, and research. Through the diverse collection of books, audio recordings, videos, and periodicals available for free lending, the library serves as a vital resource for personal and educational growth. With a circulation of 19,513 items and nearly 9,585 patron visits, it demonstrates its role as a hub for engaging the public in meaningful activities that promote life-long learning and enjoyment. The library's commitment to creating an inviting atmosphere encourages individuals to embrace their curiosity and cultivate a sustained plan of learning, ultimately enhancing the educational foundation and overall quality of life in Frewsburg, NY.
This information is meant to be a general summary of Myers Memorial 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: $23,392
- Program Service Revenue: $4,100
- Gross Receipts: $164,310
Assets and Liabilities:
- Total Assets: $1,151,015
- Total Liabilities: $0
- Net Assets: $1,151,015
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Copier Fees
Revenue
$502
Offer Conference room/facilities/tent for rent
Revenue
$600
Fines
Revenue
$240
Organization Details
Founding Year
1923
Phone
(716) 569-5515Principal Officer
Melvin Feather
Main Address
6 Falconer St PO Box 559, Frewsburg, NY, 14738
Website
www.myersmemoriallibrary.orgNTEE Category
Code: B70 - Education
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