Overview
What is Cohasset Library Trust Inc?
Cohasset Library Trust Inc is a nonprofit organization situated in Cohasset, Massachusetts, specifically at 35 Ripley Road. Their primary mission is to manage an endowment fund for the Paul Pratt Library in the area. This endowment aims to enhance and expand the library's facilities, as well as provide financial support for educational and recreational resources. By doing so, the Trust aims to enrich the library services available to the local community of Cohasset. Funds are advanced from the Trust to maintain and grow this endowment, ensuring a consistent annual income to benefit the library and its patrons.
Is Cohasset Library Trust Inc legitimate?
Cohasset Library Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cohasset Library Trust 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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Professional Fundraising Fees: $0
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What is the mission statement of Cohasset Library Trust Inc?
The mission of Cohasset Library Trust Inc. is centered around managing an endowment fund for the Paul Pratt Library in Cohasset, Massachusetts. Their primary goal is to maintain and grow this fund, ensuring annual funding for facility improvements and the provision of learning and recreational resources. By doing so, they aim to sustain the quality of services offered by the library, benefiting the community as a whole.
Who is the CEO of Cohasset Library Trust Inc?
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What is the revenue of Cohasset Library Trust Inc?
Cohasset Library Trust Inc's revenue in 2022 was $215,521.
Who are the executives of Cohasset Library Trust 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 Cohasset Library Trust Inc?
Cohasset Library Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cohasset Library Trust Inc
Cohasset Library Trust Inc, as a nonprofit organization, is dedicated to managing the endowment fund for the Paul Pratt Library in Cohasset, Massachusetts. Their primary mission is to maintain and grow this endowment, with the goal of providing annual funding for facility improvements and enhancing the library's offerings of learning and recreational resources. By doing so, this nonprofit aims to ensure that the Paul Pratt Library continues to offer high-quality services to the citizens of Cohasset, promoting education and leisure opportunities for the community.
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Impact
October, 2024
Cohasset Library Trust Inc plays a vital role in enhancing the quality of services provided by the Paul Pratt Library in Cohasset, Massachusetts. By managing and growing the library's endowment fund, the organization ensures a steady stream of financial support for facility improvements and the acquisition of learning and recreational resources. This, in turn, allows the library to offer a broader range of educational tools and community programs, enriching the lives of the citizens of Cohasset and fostering a supportive environment for lifelong learning and community engagement. Their efforts contribute significantly to maintaining a high standard of library services, which benefits all residents and supports their educational and recreational needs.
This information is meant to be a general summary of Cohasset Library Trust 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: $186,441
- Gross Receipts: $215,521
Assets and Liabilities:
- Total Assets: $1,701,708
- Total Liabilities: $0
- Net Assets: $1,701,708
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Organization Details
Founding Year
2006
Phone
(781) 383-4102Main Address
35 RIPLEY ROAD, COHASSET, MA, 02025
NTEE Category
Code: B197 - Education
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