Overview
What is Montville Township Public Library?
Montville Township Public Library serves as a valuable resource for the community of Montville Township. It operates as a nonprofit organization, providing residents with a wide range of educational and entertaining materials and programs at no cost. This library is dedicated to enriching the lives of its patrons through a diverse array of offerings, fostering both learning and leisure. The library's mission is to make available a variety of resources, including books, digital materials, and programming, in support of the Township of Montville's residents.
Official website here: www.montvillelibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Montville Township Public Library has earned an 84% rating from Charity Navigator, indicating a solid level of accountability and finance management. The library's score is based entirely on its accountability and finance metrics, showcasing its commitment to transparency and responsible financial practices. This score reflects positively on the organization, highlighting the effectiveness of its governance and operational integrity.
The organization demonstrates strong strengths in various areas, such as having a fully independent board and maintaining comprehensive financial oversight. They scored maximum points in categories like material diversion of assets, financial statement oversight, and having necessary policies in place, including conflict of interest and whistleblower policies. This suggests a well-structured organization dedicated to ethical practices.
However, the library's liabilities to assets ratio received a lower score, which may indicate potential concerns regarding financial stability or the management of assets. While the high program expense ratio implies that funds are being utilized effectively for library services, the lower ratio in liabilities suggests that continued monitoring and improvements in financial management could enhance their overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Montville Township Public Library legitimate?
Montville Township Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montville Township Public 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: $98,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $671,514
For more financial information, click here
Official website here: www.montvillelibrary.org
What is the mission statement of Montville Township Public Library?
The Montville Township Public Library, as a free public facility, is dedicated to providing a range of educational and leisure materials and programs for the Township of Montville's residents. Its mission is to make these resources readily available, fostering personal growth and entertainment for the community. The library serves as a hub for learning and relaxation, promoting a vibrant and informed society. It offers a diverse selection of books, digital resources, and engaging events, ensuring that everyone has the opportunity to expand their knowledge and enjoy their spare time.
Official website here: www.montvillelibrary.org
Who is the CEO of Montville Township Public Library?
Linda Peskin is the President of Montville Township Public Library.
Official website here: www.montvillelibrary.org
What is the revenue of Montville Township Public Library?
Montville Township Public Library's revenue in 2022 was $1,753,339.
Official website here: www.montvillelibrary.org
Who are the executives of Montville Township Public Library and what are their salaries?
The average compensation at Montville Township Public Library during 2022 was $51,323. There are 15 employees at Montville Township Public Library.
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Official website here: www.montvillelibrary.org
Where can I find the form 990 for Montville Township Public Library?
Montville Township Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montvillelibrary.org
Learn more at the official website: www.montvillelibrary.org
Mission Statement of Montville Township Public Library
Montville Township Public Library, as a free public institution, is committed to serving the residents of the Township of Montville. Its mission is to provide a diverse range of educational and leisure materials and programs for the community's benefit. The library offers these resources freely, aiming to enrich the lives of its patrons through learning and entertainment. Montville Township Public Library is more than just a repository of books; it serves as a hub for community engagement and personal growth.
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Impact
October, 2024
Montville Township Public Library plays a vital role in enriching the community by providing free access to educational and recreational materials. It offers a diverse range of programs and resources that cater to the needs of residents in the Township of Montville. By fostering a love for reading and learning, the library supports individual growth and lifelong education. Its services not only enhance literacy but also encourage community engagement and social interaction, making it an essential hub for knowledge and culture in the area. Through its commitment to accessibility and inclusivity, Montville Township Public Library significantly contributes to the overall well-being and development of the community it serves.
This information is meant to be a general summary of Montville Township Public 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: $701
- Program Service Revenue: $8,493
- Gross Receipts: $1,753,339
Assets and Liabilities:
- Total Assets: $2,151,908
- Total Liabilities: $1,412,706
- Net Assets: $739,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY INCOME & FEES
Revenue
$8,493
Organization Details
Founding Year
1989
Phone
(973) 402-0900Principal Officer
Linda Peskin
Main Address
90 HORSENECK ROAD, MONTVILLE, NJ, 07045
Website
www.montvillelibrary.orgNTEE Category
Code: B700 - Education
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