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Lake Memorial Library Fund

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

EIN: 646020755 ✦ Ridgeland, MS ✦ Designated as a 501(c)(3)

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Overview

What is Lake Memorial Library Fund?

Lake Memorial Library Fund is a nonprofit organization situated in Ridgeland, Mississippi, specifically at 1020 Highland Colony Parkway 200. Their primary mission is to support the public libraries within the City of Jackson. Although the description provided is quite straightforward, it implies that they contribute to the enrichment and development of these libraries, potentially through funding, resources, or advocacy. However, the specifics of their activities are not disclosed in the information provided.

Is Lake Memorial Library Fund legitimate?

Lake Memorial Library Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Memorial Library Fund 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: $18,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lake Memorial Library Fund?

The Lake Memorial Library Fund is dedicated to supporting the public libraries within the City of Jackson's school system. Their mission is to contribute to the enhancement of these libraries, thereby promoting learning and knowledge dissemination among the students and community members. By providing financial assistance and resources, they aim to foster a conducive environment for education and research. The fund's activities primarily focus on strengthening the library infrastructure, acquiring necessary books and educational materials, and ensuring the libraries remain functional and accessible to all.

Who is the CEO of Lake Memorial Library Fund?

Myer Mack is the Trustee of Lake Memorial Library Fund.

What is the revenue of Lake Memorial Library Fund?

Lake Memorial Library Fund's revenue in 2023 was $98,828.

Who are the executives of Lake Memorial Library Fund and what are their salaries?


There is 1 key member and their salary:


Regions Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $18,279
Where can I find the form 990 for Lake Memorial Library Fund?

Lake Memorial Library Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Memorial Library Fund

Lake Memorial Library Fund is a nonprofit organization dedicated to supporting the city's public school libraries. Its mission is centered around enhancing these libraries, ensuring they have the necessary resources to cater to the educational needs of the students. By doing so, Lake Memorial Library Fund plays a significant role in fostering a conducive learning environment within the city's public schools. The organization's activities are primarily focused on providing essential support to these libraries, thereby contributing to the overall improvement of the educational sector in the city.

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Impact




October, 2024

The Lake Memorial Library Fund significantly impacts the educational landscape by supporting the libraries within the City of Jackson's public schools. By ensuring these libraries are well-resourced, the Fund enhances access to books, learning materials, and educational programs for students. This support fosters a love for reading and promotes literacy, ultimately contributing to students' academic success and personal growth. By prioritizing educational resources in the Jackson community, the Fund plays a vital role in empowering young learners and enriching their overall educational experience.




This information is meant to be a general summary of Lake Memorial Library Fund. 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
$98,828 (2023)
Expenses
$75,135 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $99,928
  • Gross Receipts: $302,965

Assets and Liabilities:

  • Total Assets: $2,280,625
  • Total Liabilities: $0
  • Net Assets: $2,280,625

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Organization Details

Founding Year

1962

Principal Officer

Myer Mack

Main Address

1020 HIGHLAND COLONY PARKWAY 200, RIDGELAND, MS, 39157

NTEE Category

Code: B71I - Education

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