Overview
What is Hamlin Memorial Library?
Hamlin Memorial Library, situated in Smethport, Pennsylvania (16749), is a nonprofit organization that serves as a vital community resource. Its primary purpose is to offer a wide range of reading and reference materials to the public. Beyond this, the library functions as a hub for the local community, providing an environment conducive to learning and interaction. With a small team of two dedicated employees, Hamlin Memorial Library continues to contribute to the educational and social well-being of the community it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Hamlin Memorial Library has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. This score is derived solely from its Accountability & Finance metrics, reflecting the organization's commitment to transparency and responsible financial practices. The library achieved a strong score in several areas, including a 90% independent board and a favorable liabilities to assets ratio of 0.02%.
The organization demonstrates robust governance practices, with all board members being independent and effective documentation of meeting minutes. Additionally, Hamlin Memorial Library allocates a significant portion of its budget to program expenses, with an impressive ratio of 89.27%. This suggests that a majority of funds are directed towards fulfilling its mission and serving the community.
However, the overall score of 73% indicates room for improvement, particularly in areas not covered under the current beacon score. While the financial health and governance aspects are commendable, potential donors and stakeholders may wish to further investigate the library’s operational effectiveness and community impact to gain a fuller understanding of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Hamlin Memorial Library legitimate?
Hamlin Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamlin Memorial 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: $29,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,279
For more financial information, click here
What is the mission statement of Hamlin Memorial Library?
The Hamlin Memorial Library's mission is centered around serving the community. It strives to offer a wide range of reading and reference materials to the general public, transforming into a vital community facility in the process. The library's primary goal is to provide easy access to knowledge and information, fostering an environment that encourages learning and personal growth. Additionally, the library plays a significant role in the community, offering a space for various activities and events.
Who is the CEO of Hamlin Memorial Library?
Tabitha Dart is the President of Hamlin Memorial Library.
What is the revenue of Hamlin Memorial Library?
Hamlin Memorial Library's revenue in 2023 was $69,065.
Who are the executives of Hamlin Memorial Library and what are their salaries?
The average compensation at Hamlin Memorial Library during 2023 was $18,232. There are 2 employees at Hamlin Memorial Library.
Here are 10 key members and their salaries:
- Compensation: $29,184
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- Other: $0
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Where can I find the form 990 for Hamlin Memorial Library?
Hamlin Memorial Library's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hamlin Memorial Library
Hamlin Memorial Library, as a nonprofit organization, is dedicated to serving the community by providing a wealth of reading and reference materials to the general public. Acting as a vital community facility, the library's mission is to facilitate access to knowledge and resources, fostering an environment that encourages learning and personal growth. Hamlin Memorial Library strives to cater to the diverse needs of its patrons, offering a range of materials suitable for various age groups and interests. By doing so, the library contributes to the overall well-being and intellectual development of the community it serves.
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Impact
August, 2024
Hamlin Memorial Library has made a significant impact by providing reading and reference materials to the general public in SMETHPORT, PA. This act as a community facility has promoted education and literacy among residents, fostering a love for reading and knowledge in the local community. Through its mission to provide accessible resources, the library has played a vital role in supporting lifelong learning and intellectual growth.
This information is meant to be a general summary of Hamlin 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 2023.
- Investment Income: $4,505
- Program Service Revenue: $7,533
- Gross Receipts: $69,065
Assets and Liabilities:
- Total Assets: $997,322
- Total Liabilities: $293
- Net Assets: $997,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$7,533
Organization Details
Phone
(814) 887-9262Principal Officer
Tabitha Dart
Main Address
123 SOUTH MECHANIC STREET, SMETHPORT, PA, 16749
NTEE Category
Code: B70Z - Education
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