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Reed Memorial Library Foundationinc

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

EIN: 270459315 ✦ Ravenna, OH ✦ Designated as a 501(c)(3)

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Overview

What is Reed Memorial Library Foundationinc?

Reed Memorial Library Foundationinc is a nonprofit organization committed to strengthening the resources and services of the Reed Memorial Library in Ravenna, Ohio. By reaching out to both public and private sources, the foundation aims to secure funding for various library projects and initiatives. Their mission includes preserving library facilities, fostering diverse programming, and promoting access to technology and information resources. By doing so, the foundation encourages philanthropy within the community, ultimately enhancing the Library's programs and services for the betterment of its patrons.

Is Reed Memorial Library Foundationinc legitimate?

Reed Memorial Library Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reed Memorial Library Foundationinc 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 Reed Memorial Library Foundationinc?

The mission of Reed Memorial Library Foundationinc is to connect with various funding sources to strengthen the offerings and services of public libraries. This includes supporting initiatives for library facilities, resources, technological advancements, and diverse programming. The foundation encourages philanthropy, aiming to enhance the library's capabilities for the benefit of the community. They actively assist Reed Memorial Library, located in Ravenna, Ohio, in executing its projects. The foundation communicates its intent to provide support to Reed Memorial Library through mailings.

Who is the CEO of Reed Memorial Library Foundationinc?

Chuck Matuk is the President of Reed Memorial Library Foundationinc.

What is the revenue of Reed Memorial Library Foundationinc?

Reed Memorial Library Foundationinc's revenue in 2022 was $6,709.

Who are the executives of Reed Memorial Library Foundationinc and what are their salaries?


Here are 4 key members and their salaries:


Chuck Matuk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Kentner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jay Richardson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bea Flarida (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Reed Memorial Library Foundationinc?

Reed Memorial Library Foundationinc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Reed Memorial Library Foundationinc

Reed Memorial Library Foundationinc is a dedicated organization that aims to strengthen the offerings and accessibility of Library programs and services. By reaching out to both public and private entities, the foundation seeks to bolster the library's infrastructure, including its collection, programming, and technology resources. The foundation's mission is to foster a culture of philanthropy within the community, with the ultimate goal of enhancing the Library's capacity to serve its patrons effectively. By providing financial assistance for various projects, Reed Memorial Library Foundationinc plays a crucial role in ensuring that the library remains a vibrant and valuable resource for its community.

In essence, the foundation serves as a catalyst for growth and improvement within the library, helping to maintain and expand its offerings while fostering a sense of community engagement and support. By working to enhance the library's programs and services, the foundation enables it to better meet the needs of its patrons and remain a vital hub of knowledge and information within the community. In this way, Reed Memorial Library Foundationinc plays a crucial role in ensuring that the library remains a vital and dynamic resource for the community it serves.

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Impact




August, 2024

Reed Memorial Library Foundationinc's impact is significant in enhancing Library programs and services, maintaining Library facilities for diverse programming, and providing access to technology and information resources for the community in Ravenna, Ohio. By reaching out to public and private sources, the foundation fosters philanthropy to support the Library in enhancing its offerings and services. Through assistance for projects undertaken by the Library and proactive communication of their intent to support Reed Memorial Library, the foundation plays a crucial role in the continued growth and development of this community resource.




This information is meant to be a general summary of Reed Memorial Library Foundationinc. 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
$6,709 (2022)
Expenses
$6,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $71
  • Gross Receipts: $7,895

Assets and Liabilities:

  • Total Assets: $119,320
  • Total Liabilities: $0
  • Net Assets: $119,320

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Organization Details

Principal Officer

Chuck Matuk

Main Address

PO BOX 788, RAVENNA, OH, 44266

NTEE Category

Code: B12 - Education

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