Overview
What is Stamford Library?
Stamford Library is a nonprofit organization located at 117 Main Street, Stamford, New York 12167. Its primary mission is to offer a variety of reading materials, including books, magazines, and electronic resources, to the public. The organization aims to make these resources readily accessible to the community, promoting literacy and knowledge dissemination. With a team of seven dedicated individuals, Stamford Library strives to enrich the lives of its community members by providing them with reading materials that cater to their diverse interests and learning needs.
Official website here: www.stamfordlibraryny.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Stamford Library has achieved an impressive 97% rating, reflecting its strong performance in accountability and finance. The organization is fully compliant with best practices, as evidenced by its perfect score for having 100% independent board members and no material diversion of assets. This indicates a high level of transparency and governance, which are essential for fostering trust with donors and the community.
The library's financial health is also robust, with a program expense ratio of 78.97%, meaning that a significant portion of its budget is directed toward its programs and services. This focus on programmatic spending demonstrates a commitment to fulfilling its mission effectively. The library also maintains comprehensive policies, including conflict of interest and whistleblower policies, which further enhance its accountability.
While the rating highlights many strengths, it is important for stakeholders to continue monitoring the library's performance to ensure it maintains these high standards. Overall, Stamford Library stands out as a well-managed nonprofit that prioritizes transparency and effective use of resources in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Stamford Library legitimate?
Stamford Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stamford 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: $41,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,513
For more financial information, click here
Official website here: www.stamfordlibraryny.org/
What is the mission statement of Stamford Library?
The Stamford Library's mission is centered around making a wide range of literary resources accessible to the public. This includes books, publications, and electronic materials, ensuring that these valuable resources are within reach for individuals seeking to expand their knowledge and reading experiences. By providing these materials, the library actively contributes to fostering a culture of literacy and learning within the community.
Official website here: www.stamfordlibraryny.org/
Who is the CEO of Stamford Library?
Mildred Faulkner is the Director of Stamford Library.
Official website here: www.stamfordlibraryny.org/
What is the revenue of Stamford Library?
Stamford Library's revenue in 2022 was $196,595.
Official website here: www.stamfordlibraryny.org/
Who are the executives of Stamford Library and what are their salaries?
The average compensation at Stamford Library during 2022 was $14,623. There are 7 employees at Stamford Library.
Here are 10 key members and their salaries:
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Official website here: www.stamfordlibraryny.org/
Where can I find the form 990 for Stamford Library?
Stamford Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stamfordlibraryny.org/
Learn more at the official website: www.stamfordlibraryny.org/
Mission Statement of Stamford Library
The Stamford Library, as a nonprofit organization, is committed to making a wide array of books, publications, and electronic materials accessible to the general public. By doing so, it serves as a vital resource for individuals seeking to expand their knowledge and engage in intellectual pursuits. This mission is achieved through the provision of a diverse range of reading material, including physical books, magazines, and digital publications, which are all readily available to the public. This commitment to making information easily accessible fosters a culture of learning and encourages lifelong education, enriching the community as a whole.
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Impact
October, 2024
Stamford Library has a significant impact on the community by providing essential access to a wide array of books, publications, and electronic materials. By offering a diverse selection of reading materials, including not only traditional books but also magazines and electronic content, the library serves as a vital educational resource for residents of Stamford, NY.
The library supports lifelong learning and encourages literacy by creating an environment where individuals of all ages can explore new ideas, enhance their knowledge, and develop their reading skills. Its commitment to making these resources available to the public fosters a love for reading and helps bridge the knowledge gap within the community. Through its activities, Stamford Library plays an integral role in enriching the educational landscape and promoting informed citizenship among residents.
This information is meant to be a general summary of Stamford 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: $97,716
- Program Service Revenue: $44,977
- Gross Receipts: $464,184
Assets and Liabilities:
- Total Assets: $2,809,275
- Total Liabilities: $2,927
- Net Assets: $2,806,348
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Organization Details
Founding Year
1907
Phone
(607) 652-5001Principal Officer
Mildred Faulkner
Main Address
117 Main Street, Stamford, NY, 12167
Website
www.stamfordlibraryny.org/NTEE Category
Code: B70 - Education
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