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Talbot County Free Library Foundation Inc

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

EIN: 521936458 ✦ Easton, MD ✦ Designated as a 501(c)(3)

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Overview

What is Talbot County Free Library Foundation Inc?

Talbot County Free Library Foundation Inc is a nonprofit organization situated in Easton, Maryland. With a focus on responsible fundraising, advocacy, and prudent stewardship of donations, the foundation supports the Talbot County Free Library Association, Inc. by funding essential resources such as books, publications, and media services. Their ultimate mission is to manage donated investments in a manner that safeguards their future utilization, ensuring the library's continued success in serving the community. The foundation's activities are primarily centered around the acquisition of learning materials for the library, contributing to the thriving nature of the local community.

Is Talbot County Free Library Foundation Inc legitimate?

Talbot County Free Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talbot County Free Library Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Talbot County Free Library Foundation Inc?

The Talbot County Free Library Foundation's mission, as stated, is to foster responsible fundraising, advocacy, and prudent stewardship of public donations. The primary goal is to ensure the future prosperity of the Talbot County Free Library Association. This is achieved by safeguarding investments and spending them in accordance with the donors' wishes. The foundation's financial contributions to the library mainly support the acquisition of books, publications, and media services for the Talbot County Free Library.

Who is the CEO of Talbot County Free Library Foundation Inc?

Tom Reynolds is the Director of Talbot County Free Library Foundation Inc.

What is the revenue of Talbot County Free Library Foundation Inc?

Talbot County Free Library Foundation Inc's revenue in 2022 was $133,451.

Who are the executives of Talbot County Free Library Foundation Inc and what are their salaries?

There 5 volunteers at Talbot County Free Library Foundation Inc.


Here are 5 key members and their salaries:


Nancy Shirey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Heatly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Reynolds (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Greenlee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Talbot County Free Library Foundation Inc?

Talbot County Free Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Talbot County Free Library Foundation Inc

The Talbot County Free Library Foundation's mission is centered around responsible fundraising, advocacy, and the prudent stewardship of donations. Their primary objective is to ensure the long-term success and effectiveness of the Talbot County Free Library Association. To achieve this, they safeguard the investments donated by the public and spend them in accordance with the donors' wishes. The foundation's activities primarily involve making expenditures to the Talbot County Free Library Association, which are utilized for acquiring books, publications, and media services. In essence, the Talbot County Free Library Foundation's mission is to secure and manage donated funds in a responsible manner, thereby supporting the library's role in nurturing a thriving community.

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Impact




October, 2024

Talbot County Free Library Foundation Inc plays a vital role in enhancing community resources by supporting the Talbot County Free Library through responsible fundraising and advocacy. By managing donations and investments prudently, the Foundation ensures that the library can acquire books, publications, and media services essential for fostering education and literacy within the community. This commitment not only safeguards the future of the library but also amplifies its ability to serve as a valuable resource for residents, creating a thriving environment for learning and growth. The Foundation's efforts make a significant impact by aligning community needs with the resources necessary for educational development and access to information.




This information is meant to be a general summary of Talbot County Free 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.

Revenue
$133,451 (2022)
Expenses
$110,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $62,076
  • Program Service Revenue: $132
  • Gross Receipts: $133,451

Assets and Liabilities:

  • Total Assets: $2,736,130
  • Total Liabilities: $104,056
  • Net Assets: $2,632,074

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Organization Details

Founding Year

1995

Principal Officer

Tom Reynolds

Main Address

100 WEST DOVER STREET, EASTON, MD, 21601

NTEE Category

Code: B110 - Education

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