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Denver Tool Library

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

EIN: 471610698 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Denver Tool Library?

The Denver Tool Library is a charitable organization located at 555 Santa Fe Drive, Denver, CO 80204. Its primary mission is to offer affordable tool access and education to the Denver metro area's residents. They provide various tools, such as power, hand, lawn, and garden tools, which individuals and organizations can borrow, much like checking out books from a library. With a focus on removing barriers like high cost, space, knowledge, and inhibition, the library aims to empower everyone to enhance their homes, neighborhoods, and communities. The Denver Tool Library operates with a team of six dedicated employees.


Official website here: www.denvertoollibrary.org

Is Denver Tool Library legitimate?

Denver Tool Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Tool 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: $78,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,081

For more financial information, click here


Official website here: www.denvertoollibrary.org

What is the mission statement of Denver Tool Library?

The Denver Tool Library, a non-profit organization, is dedicated to providing the Denver metro area with affordable access to tools and the necessary skills to utilize them. Operating in a secure and nurturing environment, the library's mission is to eliminate various barriers to tool acquisition, such as high costs, limited space, lack of knowledge, and inhibitions. This mission allows everyone in the community to obtain the resources they need to shape and maintain the lives they envision.


Official website here: www.denvertoollibrary.org

Who is the CEO of Denver Tool Library?

Sarah Steiner is the Executive Director of Denver Tool Library.


Official website here: www.denvertoollibrary.org

What is the revenue of Denver Tool Library?

Denver Tool Library's revenue in 2022 was $284,074.


Official website here: www.denvertoollibrary.org

Who are the executives of Denver Tool Library and what are their salaries?

The average compensation at Denver Tool Library during 2022 was $23,883. There are 6 employees and 40 volunteers at Denver Tool Library.


Here are 7 key members and their salaries:


Sarah Steiner (Executive Director)
  • Compensation: $43,850
  • Related: $0
  • Other: $0
Garrett Carr (Director Of Education)
  • Compensation: $21,025
  • Related: $0
  • Other: $0
Ian Saunders (Community Workshop Technical Coordinator)
  • Compensation: $11,565
  • Related: $0
  • Other: $0
Jessie Rodriguez (Tool Librarian)
  • Compensation: $5,120
  • Related: $0
  • Other: $0
Danielle Slabaugh (Tool Librarian)
  • Compensation: $2,276
  • Related: $0
  • Other: $0
Katy Byrd (Tool Librarian)
  • Compensation: $1,408
  • Related: $0
  • Other: $0
Scott Roth (Tool Inventory Coordinator)
  • Compensation: $712
  • Related: $0
  • Other: $0


Official website here: www.denvertoollibrary.org

Where can I find the form 990 for Denver Tool Library?

Denver Tool Library's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.denvertoollibrary.org

Learn more at the official website: www.denvertoollibrary.org

Mission Statement of Denver Tool Library

The Denver Tool Library, being a charitable organization, is dedicated to offering the Denver metro area affordable access to a wide array of tools and the necessary skills to utilize them. Its primary goal is to eliminate various barriers that hinder tool acquisition, such as high costs, limited space, insufficient knowledge, and inhibitions. By doing so, the Denver Tool Library strives to ensure that everyone in the community has the essential resources required to construct and maintain the lives they envision, all within a secure and encouraging environment.

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Impact




October, 2024

The Denver Tool Library significantly impacts the community by offering low-cost access to a wide array of tools, enabling residents to undertake home improvement, gardening, and community projects without the burden of purchasing expensive equipment. With over 700 individual members and partnerships with 40 schools and nonprofit organizations, it fosters a culture of DIY and empowerment, equipping people with the tools and knowledge necessary to enhance their living spaces and contribute to neighborhood improvements.

By eliminating barriers such as high costs, limited storage, and lack of expertise, the tool library creates an inclusive environment where individuals can confidently engage in projects that enrich their lives and communities. This approach not only supports personal and communal development but also promotes sustainability by encouraging tool sharing and reducing waste associated with tool ownership.

In a supportive and educational atmosphere, members learn valuable skills, share experiences, and collaborate on initiatives that strengthen community ties. Ultimately, the Denver Tool Library plays a vital role in transforming aspirations into reality, helping individuals make meaningful changes in their lives while also fostering a sense of community responsibility and connection.




This information is meant to be a general summary of Denver Tool 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
$284,074 (2022)
Expenses
$227,338 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $264,106
  • Gross Receipts: $284,074

Assets and Liabilities:

  • Total Assets: $87,347
  • Total Liabilities: $0
  • Net Assets: $87,347

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Programs

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

Tool Library

Revenue

$100,651

Classes

Revenue

$150,995

Community Workshop

Revenue

$12,460

Organization Details

Founding Year

2013

Principal Officer

Sarah Steiner

Main Address

555 Santa Fe Drive, Denver, CO, 80204

NTEE Category

Code: P20 - Human services

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