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Valley Library Consortium Inc

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

EIN: 382410513 ✦ Lansing, MI ✦ Designated as a 501(c)(3)

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Overview

What is Valley Library Consortium Inc?

Valley Library Consortium Inc is a nonprofit organization based in Lansing, Michigan, with a focus on enhancing information resources for its member libraries. By maintaining a shared computer database and network, the consortium allows libraries to collaborate and access up-to-date information on library collections and materials. This cooperative approach helps individual libraries reduce costs associated with maintaining such systems on their own. With a small team of three employees, Valley Library Consortium Inc plays a vital role in connecting libraries across the area, ensuring they have access to the most current and relevant information.


Official website here: www.vlc.lib.mi.us

Is Valley Library Consortium Inc legitimate?

Valley Library Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Library Consortium Inc 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: $99,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,632

For more financial information, click here


Official website here: www.vlc.lib.mi.us

What is the mission statement of Valley Library Consortium Inc?

The Valley Library Consortium Inc's mission is to maintain a shared computer database and network for local library institutions. By doing so, it offers automated library services and cooperative programs, such as collection management, sharing of materials, and record updating. This setup allows individual libraries to avoid bearing the entire cost of such a system. The consortium's aim is to enhance information resources by sharing and updating library collection details.


Official website here: www.vlc.lib.mi.us

Who is the CEO of Valley Library Consortium Inc?

Lee Martin is the President & Secretary of Valley Library Consortium Inc.


Official website here: www.vlc.lib.mi.us

What is the revenue of Valley Library Consortium Inc?

Valley Library Consortium Inc's revenue in 2022 was $386,936.


Official website here: www.vlc.lib.mi.us

Who are the executives of Valley Library Consortium Inc and what are their salaries?

The average compensation at Valley Library Consortium Inc during 2022 was $85,110. There are 3 employees at Valley Library Consortium Inc.


Here are 8 key members and their salaries:


Kelli Lovasz (President & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Donner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Mccarville (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Churchill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Clexton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sheridan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Lee Martin (Executive Director)
  • Compensation: $100,375
  • Related: $0
  • Other: $0


Official website here: www.vlc.lib.mi.us

Where can I find the form 990 for Valley Library Consortium Inc?

Valley Library Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vlc.lib.mi.us

Learn more at the official website: www.vlc.lib.mi.us

Mission Statement of Valley Library Consortium Inc

Valley Library Consortium Inc plays a vital role in the library community by maintaining a shared computer database and network for its member libraries. The consortium's mission is to provide these libraries with automated library services and cooperative programs, thereby allowing them to share costs associated with such systems. By doing so, the individual library is relieved of the full financial burden, enabling them to allocate resources more effectively.

The consortium's primary function is to manage a computer database and network, which facilitates the sharing of information about library collections and materials among its member libraries. This collaboration enhances the overall availability and accessibility of information resources for library patrons. By updating and exchanging data, the consortium ensures that each library has access to the most current and comprehensive information, thereby enhancing the overall quality of their services.

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Impact




October, 2024

Valley Library Consortium Inc significantly enhances the efficiency and resource accessibility of member libraries in the Lansing, MI area. By maintaining a shared computer database and network, the consortium allows libraries to collaborate on automated services and pool resources, which helps reduce individual expenses for maintaining costly systems.

This cooperative model not only streamlines library operations but also improves the quality and scope of information services available to the community. With updated information on library collections and materials, patrons gain easy access to a broader array of resources, ultimately fostering better educational outcomes. The consortium’s shared services foster a strong collaborative culture among libraries, leading to innovative programs and efficient use of financial resources, which benefits the entire region.




This information is meant to be a general summary of Valley Library Consortium Inc. 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
$386,936 (2022)
Expenses
$542,872 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,084
  • Program Service Revenue: $384,884
  • Gross Receipts: $386,936

Assets and Liabilities:

  • Total Assets: $733,145
  • Total Liabilities: $141,819
  • Net Assets: $591,326

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Programs

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

OPERATING AND USER CHA

Revenue

$267,591

CHARGES FOR EQUIPMENT

Revenue

$63,293

MEMBERSHIP FEES

Revenue

$54,000

Organization Details

Founding Year

1980

Principal Officer

Lee Martin

Main Address

4800 COLLINS ROAD PO BOX 24065, LANSING, MI, 48924

NTEE Category

Code: B70A - Education

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