Overview
What is Oneida Library Foundation Inc?
Oneida Library Foundation Inc, situated in Oneida, New York, is a nonprofit organization dedicated to supporting the financial needs of the Oneida Public Library as mandated by its Board of Trustees. Their mission is primarily focused on providing financial assistance to ensure the library's operations and growth, thereby contributing to the educational and informational services it provides to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star rating.
The Oneida Library Foundation Inc has received a score of 70%, indicating a moderate level of accountability and financial health. This rating is based solely on their Accountability & Finance metrics, showcasing a strong performance in certain areas. Notably, the organization has a fully independent board, which is a positive sign of governance, and it maintains a zero material diversion of assets.
Despite these strengths, the foundation shows deficiencies in several policy areas, such as the absence of a conflict of interest policy, whistleblower policy, and document retention guidelines. Additionally, they are missing key documentation like board meeting minutes and tax forms posted on their website, which negatively impacts their overall score in accountability. The organization does have a high program expense ratio of 84.59%, indicating that a significant portion of its expenses is directed towards its charitable activities.
Overall, while the Oneida Library Foundation Inc demonstrates strong financial management in some respects, it has notable areas for improvement regarding transparency and governance policies. Addressing these issues could enhance its rating in the future and provide greater assurance to donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oneida Library Foundation Inc legitimate?
Oneida Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oneida Library Foundation 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.
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What is the mission statement of Oneida Library Foundation Inc?
The Oneida Library Foundation Inc's mission is centered around providing financial assistance to a public library, as dictated by its board of trustees. This support is instrumental in ensuring the library's continued operations and services. The foundation's role is crucial in maintaining the library's resources and facilities, thereby contributing to the educational and informational needs of its community. The foundation's actions are guided by the board of trustees, ensuring financial aid is provided as required.
Who is the CEO of Oneida Library Foundation Inc?
Eileen Kinsella is the President of Oneida Library Foundation Inc.
What is the revenue of Oneida Library Foundation Inc?
Oneida Library Foundation Inc's revenue in 2022 was $44,836.
Who are the executives of Oneida Library Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Oneida Library Foundation Inc?
Oneida Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oneida Library Foundation Inc
The Oneida Library Foundation Inc is dedicated to aiding the Oneida Public Library in New York, as mandated by its Board of Trustees, financially. This nonprofit organization plays a crucial role in ensuring the library's financial needs are met, contributing to its overall success and ability to serve the community. By providing the necessary financial assistance, the Oneida Library Foundation Inc helps the library maintain its operations, acquire resources, and continue its mission of providing knowledge and information to the public.
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Impact
October, 2024
Oneida Library Foundation Inc plays a critical role in enhancing the resources and services offered by the Oneida Public Library in Oneida, NY. By providing financial assistance as needed, the foundation helps ensure that the library can maintain and expand its programs, collections, and facilities. This support allows the library to better serve the community, fostering a love of reading, lifelong learning, and access to information for residents of all ages. The foundation's commitment contributes to the overall educational and cultural enrichment of the Oneida community.
This information is meant to be a general summary of Oneida Library Foundation 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: $15,731
- Gross Receipts: $44,836
Assets and Liabilities:
- Total Assets: $377,881
- Total Liabilities: $0
- Net Assets: $377,881
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Organization Details
Founding Year
1997
Phone
(315) 363-3459Principal Officer
Eileen Kinsella
Main Address
317 MAIN ST, ONEIDA, NY, 13421
NTEE Category
Code: T22J - Philanthropy
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