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Friends Of The Downey City Library

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

EIN: 237381705 ✦ Downey, CA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Downey City Library?

Friends of the Downey City Library is a nonprofit organization that aims to foster cultural and educational interests within the community. They generate funds through various programs and initiatives, utilizing these resources to advance library-related functions and needs. Their expenditures encompass administrative costs, member expenses, program expenses, library donations, community contributions, and sales from their gift shop. The mission of Friends of the Downey City Library is to promote an informed interest in the library's activities, ultimately enhancing the community's knowledge and appreciation for its services.

Is Friends Of The Downey City Library legitimate?

Friends Of The Downey City Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Downey City 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 Friends Of The Downey City Library?

The mission of Friends of the Downey City Library is to foster cultural and educational growth by utilizing funds from various programs. This organization aims to promote a deeper understanding and appreciation for the library's functions and needs. Their activities include managing administrative costs, catering to member requirements, funding programs, making library donations, contributing to the community, and selling items in a gift shop. In essence, Friends of the Downey City Library strives to support and enhance the library's role in the community by generating funds and fostering informed interest.

Who is the CEO of Friends Of The Downey City Library?

Virginia Yoshiyama is the President of Friends Of The Downey City Library.

What is the revenue of Friends Of The Downey City Library?

Friends Of The Downey City Library's revenue in 2022 was $38,008.

Who are the executives of Friends Of The Downey City Library and what are their salaries?


Here are 3 key members and their salaries:


Susan Bouris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Yoshiyama (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Hernandez - Arce (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friends Of The Downey City Library?

Friends Of The Downey City Library's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The Downey City Library

Friends of the Downey City Library is an organization dedicated to promoting cultural and educational interests, fostering a keen understanding of the library's functions and needs. Through funds raised from various programs, this nonprofit aims to support these objectives. The organization's financial commitments span across administrative costs, member expenses, program expenditures, library donations, community contributions, and sales from their gift shop. By managing these resources effectively, Friends of the Downey City Library contributes to enriching the local community's cultural landscape and enhancing the library's services, thereby nurturing an informed and engaged public.

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Impact




August, 2024

Friends Of The Downey City Library plays a crucial role in promoting cultural and educational interests while fostering knowledge and informed interest in the functions and needs of the library. Through various programs and initiatives, this organization helps enhance the library's offerings and ensures that the community has access to valuable resources and events. Their efforts not only support the library financially but also contribute to a more enriched and connected community in Downey, CA.




This information is meant to be a general summary of Friends Of The Downey City 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
$38,008 (2022)
Expenses
$36,846 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $128
  • Program Service Revenue: $23,061
  • Gross Receipts: $38,714

Assets and Liabilities:

  • Total Assets: $94,010
  • Total Liabilities: $0
  • Net Assets: $94,010

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Organization Details

Principal Officer

Virginia Yoshiyama

Main Address

11121 Brookshire Ave, Downey, CA, 90241

NTEE Category

Code: B70 - Education

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