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Mountain Lakes Free Public Library

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 226002122 ✦ Mountain lakes, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Mountain Lakes Free Public Library?

The Mountain Lakes Free Public Library, located at 9 Elm Road, Mountain Lakes, New Jersey 07046, is a nonprofit organization dedicated to serving its community. Its primary mission is to offer free access to a variety of resources, including books, periodicals, magazines, audio, video, digital, and internet media. This library plays a crucial role in fostering knowledge and stimulating intellectual growth within the community, making these resources readily available to all. With a team of 16 dedicated employees, the library ensures that its operational expenses are met, ensuring the continuity of its services and the provision of a welcoming environment for patrons.


Official website here: www.mtnlakes.org/library/

What are the reviews and ratings of this charity?

Charity Navigator Rating 58% - One-Star out of Four Star Rating

Mountain Lakes Free Public Library has received a One-Star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. The library scored particularly poorly on its board independence, with no independent members, and lacks key financial documentation. This raises questions about governance and transparency, which are critical for nonprofit effectiveness.

Despite the governance issues, the library has a commendable program expense ratio of 92.66%, suggesting that a large portion of its expenses is directed towards its programs. The organization also has measures in place for conflict of interest and maintains minutes from board meetings. However, critical policies like whistleblower protection and document retention are missing, which could impact its operational integrity.

Overall, while the library demonstrates a commitment to program funding, the lack of independent oversight and essential policies may hinder its ability to build trust and ensure responsible management of resources. Stakeholders should consider these factors when assessing the library's impact and effectiveness in the community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Mountain Lakes Free Public Library?

82% of reviewers on Facebook recommend Mountain Lakes Free Public Library. Here's a summary of their insights:

The library is praised for its exceptional librarians and warm atmosphere, highlighting that patrons feel well-supported in their search for information and resources. One reviewer specifically mentioned the positive interaction with a librarian, emphasizing the value of staff engagement and assistance.

Overall, while the recommendation percentage suggests a relatively positive sentiment, it is crucial to note that the limited number of reviews may not fully capture the library's impact on the community. However, those who have shared their thoughts appreciate the services and support offered by the library’s staff.


This AI summary has been generated from reviews found on Facebook.

Is Mountain Lakes Free Public Library legitimate?

Mountain Lakes Free Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Lakes Free 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: $57,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,365

For more financial information, click here


Official website here: www.mtnlakes.org/library/

What is the mission statement of Mountain Lakes Free Public Library?

The Mountain Lakes Free Public Library's mission is centered around providing free access to a wide array of resources for its community. This encompasses books, periodicals, magazines, audio, video, digital, and internet media. By offering these materials freely, the library aims to foster an environment of learning and knowledge sharing. The library's operational expenses are dedicated to this mission, ensuring that anyone who seeks information has the opportunity to do so without financial constraints.


Official website here: www.mtnlakes.org/library/

Who is the CEO of Mountain Lakes Free Public Library?

Jonathan Holasek is the President of Mountain Lakes Free Public Library.


Official website here: www.mtnlakes.org/library/

What is the revenue of Mountain Lakes Free Public Library?

Mountain Lakes Free Public Library's revenue in 2022 was $1,020,431.


Official website here: www.mtnlakes.org/library/

Who are the executives of Mountain Lakes Free Public Library and what are their salaries?

The average compensation at Mountain Lakes Free Public Library during 2022 was $13,814. There are 16 employees and 4 volunteers at Mountain Lakes Free Public Library.


Here are 11 key members and their salaries:


Jennifer Lynch (Manager)
  • Compensation: $57,665
  • Related: $0
  • Other: $0
Bonnie Cytron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doren Greene (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Merritt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Greek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Burn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Moody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Holasek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hoffman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Batty (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Hilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mtnlakes.org/library/

Where can I find the form 990 for Mountain Lakes Free Public Library?

Mountain Lakes Free Public Library's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mtnlakes.org/library/

Learn more at the official website: www.mtnlakes.org/library/

Mission Statement of Mountain Lakes Free Public Library

Mountain Lakes Free Public Library, as its name suggests, is committed to a noble mission. This mission entails providing free access to a wide array of resources for the community. These resources include books, periodicals, magazines, audio materials, video content, digital media, and internet resources. By doing so, the library serves as a vital hub for knowledge and information, fostering an environment where individuals can learn, grow, and be entertained without any financial barriers. The library's operational expenses are dedicated to this end, ensuring that everyone in the community has the opportunity to benefit from its resources.

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Impact




October, 2024

Mountain Lakes Free Public Library significantly enhances the community by offering free access to a diverse array of resources, including books, periodicals, magazines, audio, video, and digital media. This commitment to accessibility fosters a culture of education and lifelong learning, vital for personal and professional development. The library serves as a community hub where individuals can gather for educational programs, workshops, and events, promoting social engagement and interconnectedness.

By providing these resources at no cost, the library ensures that all residents, regardless of their economic background, have the opportunity to access information and engage with various media formats. This not only empowers individuals but also enriches the overall quality of life in Mountain Lakes, NJ. The library's role extends beyond mere information dissemination, as it cultivates a love for reading and learning, encourages critical thinking, and supports a more informed community.




This information is meant to be a general summary of Mountain Lakes Free 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.

Revenue
$1,020,431 (2022)
Expenses
$404,064 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $634,054
  • Program Service Revenue: $6,612
  • Gross Receipts: $2,391,618

Assets and Liabilities:

  • Total Assets: $3,412,205
  • Total Liabilities: $0
  • Net Assets: $3,412,205

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LibraryServices-fines etc

Revenue

$4,839

Makers Program

Revenue

$1,258

Room rental

Revenue

$515

Organization Details

Founding Year

1916

Principal Officer

Jonathan Holasek

Main Address

9 Elm Road, Mountain Lakes, NJ, 07046

NTEE Category

Code: B71Z - Education

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