Overview
What is Wells Public Library Foundation Inc?
The Wells Public Library Foundation Inc, situated in Wells, Maine, is a dedicated nonprofit organization. Their primary role involves procuring and managing funds for the betterment of the Wells Public Library. This is achieved through various fundraising activities and the strategic investment of their assets. Furthermore, they strive to boost community awareness about the library and allocate these funds to support its programs and facilities effectively. By doing so, the Wells Public Library Foundation Inc plays a significant role in enriching the library's offerings and services for the community.
Is Wells Public Library Foundation Inc legitimate?
Wells Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wells Public Library Foundation Inc 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 Wells Public Library Foundation Inc?
The Wells Public Library Foundation's mission is centered around procuring, managing, and administering funds to enhance the programs and facilities of a local library. This is achieved through various fundraising activities, strategic investment of assets, and promoting awareness within the community. The foundation's primary goal is to allocate these funds in support of the library, thereby contributing to its growth and development.
Who is the CEO of Wells Public Library Foundation Inc?
Peter Masucci is the Treasurer of Wells Public Library Foundation Inc.
What is the revenue of Wells Public Library Foundation Inc?
Wells Public Library Foundation Inc's revenue in 2022 was $192,930.
Who are the executives of Wells Public Library Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Wells Public Library Foundation Inc?
Wells Public Library Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Wells Public Library Foundation Inc
The Wells Public Library Foundation is dedicated to securing, managing, and distributing funds to bolster the programs and infrastructure of the Wells Public Library. This nonprofit organization achieves its objectives through various fundraising endeavors, strategic asset investments, and by fostering community awareness. Ultimately, the foundation's mission is to allocate resources effectively to empower the library in its pursuit of delivering exceptional services.
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Impact
October, 2024
The Wells Public Library Foundation Inc plays a vital role in enhancing the resources and services offered by the Wells Public Library. By procuring, managing, and administering funds, it ensures that the library can continue to provide high-quality programs and facilities for the community. Through dedicated fundraising activities, the foundation generates financial support that is crucial for the library's operations.
In addition to financial management, the foundation actively promotes community awareness of the library's offerings, encouraging greater engagement and participation from local residents. By investing its assets wisely, the foundation not only secures ongoing support but also expands the library's capabilities, allowing for a richer educational environment.
Ultimately, the foundation's efforts lead to a more resourceful and accessible library, which fosters learning, literacy, and community connection in Wells, ME.
This information is meant to be a general summary of Wells Public Library Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $192,930
Assets and Liabilities:
- Total Assets: $410,774
- Total Liabilities: $0
- Net Assets: $410,774
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Organization Details
Principal Officer
Peter Masucci
Main Address
1443 POST ROAD, WELLS, ME, 04090
NTEE Category
Code: B117 - Education
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