Overview
What is Bala Cynwyd Memorial Library?
The Bala Cynwyd Memorial Library is a community-focused nonprofit organization situated in an unspecified location. It boasts a membership base of 1,141 individuals who contribute financially through membership dues. The library's primary role is to offer library services to the public, and it maintains an extensive local book collection of 91,275 titles. The library invests in keeping its collection updated by spending $1,303 on postage and shipping. In addition to its book collection, the library also spends funds on operational supplies, totalling $5,837, and engages in fundraising efforts, which incur costs of $8,757. Miscellaneous taxes amount to an additional $604. Overall, the Bala Cynwyd Memorial Library is a vital resource for the community, providing library services and fostering a love for knowledge through its extensive collection.
Is Bala Cynwyd Memorial Library legitimate?
Bala Cynwyd Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bala Cynwyd Memorial Library submitted a form 990EZ, 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.
What is the mission statement of Bala Cynwyd Memorial Library?
The Bala Cynwyd Memorial Library's mission is centered around serving the public by providing a variety of programs. This includes offering library services to its 1,141 members, who contribute through membership dues. The library maintains an extensive collection of 91,275 local books, regularly updating it through postage and shipping expenses of $1,303. Moreover, the library invests in supplies, allocating $5,837 for operational needs. Additionally, fundraising efforts account for $8,757 in costs. Miscellaneous taxes contribute an extra $604 to the library's operations. In essence, the library's mission is to provide a broad range of library services for its community members.
Who is the CEO of Bala Cynwyd Memorial Library?
Micheal Gordan is the President of Bala Cynwyd Memorial Library.
What is the revenue of Bala Cynwyd Memorial Library?
Bala Cynwyd Memorial Library's revenue in 2022 was $110,892.
Who are the executives of Bala Cynwyd Memorial Library and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Bala Cynwyd Memorial Library?
Bala Cynwyd Memorial Library's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Bala Cynwyd Memorial Library
The Bala Cynwyd Memorial Library is committed to serving the community by offering a wide range of programs. Its primary mission is to provide library services to the general public, catering to the needs and interests of its 1,141 members. To maintain an up-to-date collection, the library invests in postage and shipping, amounting to $1,303. The library also spends funds on supplies for its operations, totaling $5,837, and allocates resources for fundraising efforts, incurring costs of $8,757. Additionally, miscellaneous taxes add up to $604 for the library's operations. By providing these services, the Bala Cynwyd Memorial Library aims to contribute positively to the community and foster a love for learning among its members.
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Impact
October, 2024
Bala Cynwyd Memorial Library significantly contributes to the community by offering essential library services and educational programs to the general public. With a membership of 1,141 individuals who support its operations through membership dues, the library plays a vital role in promoting literacy and lifelong learning. Its extensive collection of 91,275 local books ensures that residents have access to a wide range of reading materials and resources.
The library also invests in maintaining and updating its collection, allocating funds for postage and shipping to keep resources current. Operational supplies are supported by a dedicated budget, which highlights the library's commitment to providing effective services. Additionally, fundraising efforts, while incurring some costs, are crucial for sustaining and expanding its educational programs.
Overall, Bala Cynwyd Memorial Library serves as a crucial hub for education and community engagement, enriching the lives of its members and promoting a culture of learning within Bala Cynwyd.
This information is meant to be a general summary of Bala Cynwyd Memorial 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.
- Gross Receipts: $110,892
Assets and Liabilities:
- Total Assets: $254,171
- Total Liabilities: $0
- Net Assets: $254,171
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Organization Details
Principal Officer
Micheal Gordan
Main Address
131 OLD LANCASTER RD, Bala Cynwyd, PA, 19004
NTEE Category
Code: B71Z - Education
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