Overview
What is Norwood Library Association Inc?
The Norwood Library Association Inc, situated in Norwood and its surrounding areas, is a distinguished nonprofit organization. Their primary mission is to establish and maintain a free public library, making a wealth of reading materials accessible to anyone with an interest. This association is dedicated to enriching the lives of their community members by offering various programs that cater to the joy of reading and knowledge acquisition.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Norwood Library Association Inc has received an 80% score from Charity Navigator, which translates to a Three-Star rating. This rating reflects strong performance in accountability and finance, with the overall score derived entirely from this single beacon. A notable strength lies in the organization’s governance, evidenced by an independent board composed of 10 out of 10 members and no material diversion of assets, indicating a high level of integrity in operations.
Financially, the organization demonstrates excellent management, showcasing a liabilities to assets ratio of 0.00%, which suggests they have no outstanding debts. The program expense ratio stands at an impressive 100%, indicating that all funds are allocated directly to their mission-related activities. This commitment to utilizing resources effectively underscores their dedication to serving the community.
While the rating reflects strong governance and financial practices, there is little information available regarding the broader impact of their programs or community engagement efforts. However, the operational transparency and strong fiscal responsibility are clear positives for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Norwood Library Association Inc legitimate?
Norwood Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwood Library Association 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $86,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,905
For more financial information, click here
What is the mission statement of Norwood Library Association Inc?
The Norwood Library Association's mission is centered around providing a free public library service to the locals of Norwood and its surrounding areas. This non-profit organization offers programs that cater to the interest of individuals seeking reading materials. By doing so, they contribute to the promotion of literacy and knowledge within their community.
Who is the CEO of Norwood Library Association Inc?
Sally Diaz is the Principal Officer of Norwood Library Association Inc.
What is the revenue of Norwood Library Association Inc?
Norwood Library Association Inc's revenue in 2022 was $485,096.
Who are the executives of Norwood Library Association Inc and what are their salaries?
The average compensation at Norwood Library Association Inc during 2022 was $17,737. There are 11 employees at Norwood Library Association Inc.
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Where can I find the form 990 for Norwood Library Association Inc?
Norwood Library Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Norwood Library Association Inc
The Norwood Library Association, a esteemed organization, is committed to serving the community by providing a free public library for residents in Norwood and its surrounding areas. Their primary mission is to offer a diverse range of reading materials to anyone with an interest. Through their programs, the association aims to foster a love for literature and knowledge, making these resources readily available to all.
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Impact
July, 2024
Norwood Library Association Inc's impact is significant in providing free public library services to the residents of Norwood and surrounding areas. Through their programs and resources, they offer accessible reading materials to those interested in furthering their education and knowledge. Their mission to provide a space for learning and enrichment contributes to the education of the community, making a valuable impact on the individuals who benefit from their services.
This information is meant to be a general summary of Norwood Library Association 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.
- Gross Receipts: $485,096
Assets and Liabilities:
- Total Assets: $800,664
- Total Liabilities: $0
- Net Assets: $800,664
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Organization Details
Founding Year
1936
Phone
(201) 768-9555Principal Officer
Sally Diaz
Main Address
198 SUMMIT STREET, NORWOOD, NJ, 07699
NTEE Category
Code: B70 - Education
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