Overview
What is Corbit-Calloway Memorial Library?
The Corbit-Calloway Memorial Library is a public institution located in Odessa, Delaware. Serving a clientele of 42,881 individuals, this library actively circulates approximately 45,073 pieces of material, ensuring a rich collection for its community. Its primary mission is to provide public library services, aiming to enrich and educate the local population. The library employs a team of eight dedicated individuals, further demonstrating its commitment to serving its community effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Corbit-Calloway Memorial Library has received a Two-Star rating, indicating that while it has some strengths in accountability and finance, there is room for improvement. The library demonstrates solid governance with a fully independent board and no material diversion of assets, reflecting a commitment to ethical management and transparency.
The organization excels in its financial metrics, boasting a program expense ratio of 88.63%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, its liabilities to assets ratio stands at a commendable 0.00%, indicating strong financial health. However, the overall score of 67% highlights that there are areas needing enhancement, particularly in broader financial practices or operational efficiencies.
This AI summary has been generated from information found on Charity Navigator.
Is Corbit-Calloway Memorial Library legitimate?
Corbit-Calloway Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corbit-Calloway 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,019
For more financial information, click here
What is the mission statement of Corbit-Calloway Memorial Library?
The Corbit-Calloway Memorial Library's mission is centered around providing public library services to the community. In essence, their primary objective is to cater to the informational needs of the public. With a clientele of 42,881 individuals and a circulation of 45,073 pieces of material, the library effectively executes this mission, offering a wide range of resources to the community.
Who is the CEO of Corbit-Calloway Memorial Library?
Ron Vascik is the Secretary of Corbit-Calloway Memorial Library.
What is the revenue of Corbit-Calloway Memorial Library?
Corbit-Calloway Memorial Library's revenue in 2022 was $477,587.
Who are the executives of Corbit-Calloway Memorial Library and what are their salaries?
The average compensation at Corbit-Calloway Memorial Library during 2022 was $32,877. There are 8 employees and 12 volunteers at Corbit-Calloway Memorial Library.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Corbit-Calloway Memorial Library?
Corbit-Calloway Memorial Library's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corbit-Calloway Memorial Library
Corbit-Calloway Memorial Library is committed to providing essential library services to its community. Its mission, as stated, is to cater to the public's informational needs by offering a wide range of resources. With over 42,881 clients served and 45,073 pieces of material circulated, the library plays a significant role in educating and informing its community members. The library serves as a hub of knowledge, providing a conducive environment for learning, research, and leisure reading. Its services extend beyond just lending books, encompassing programs, workshops, and events that promote literacy, lifelong learning, and community engagement.
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Impact
July, 2024
The Corbit-Calloway Memorial Library in Odessa, DE has a significant impact on the community by providing public library services to over 42,881 clients. With a circulation of 45,073 pieces of material, the library plays a vital role in promoting literacy, education, and lifelong learning among its patrons. Its mission to serve the community through library services contributes to fostering a culture of knowledge sharing and intellectual growth. Through its dedication to education, the library serves as a hub for information, research, and community engagement, enriching the lives of those it serves.
This information is meant to be a general summary of Corbit-Calloway 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 2022.
- Investment Income: $155,772
- Program Service Revenue: $1,111
- Gross Receipts: $1,916,349
Assets and Liabilities:
- Total Assets: $2,829,242
- Total Liabilities: $0
- Net Assets: $2,829,242
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$567
FINES AND COPIES
Revenue
$544
Organization Details
Phone
(302) 378-8838Principal Officer
Ron Vascik
Main Address
PO BOX 128, ODESSA, DE, 19730
NTEE Category
Code: B71Z - Education
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