Madill-Marshall County Library Endowment Trust

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

EIN: 731398370 ✦ Madill, OK ✦ Designated as a 501(c)(3)

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Overview

What is Madill-Marshall County Library Endowment Trust?

The Madill-Marshall County Library Endowment Trust is a nonprofit organization dedicated to enriching the local community by investing in library resources. It serves the residents of Marshall County, with approximately 8,000 individuals holding library cards in the given data. The trust's primary focus is on acquiring books for the library, ensuring a vast collection of literature available to the public. Additionally, the library offers educational programs tailored for children, fostering learning and enjoyment of literacy among younger generations. As a public library, it serves as a vital cultural and informational hub for the community.

Is Madill-Marshall County Library Endowment Trust legitimate?

Madill-Marshall County Library Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madill-Marshall County Library Endowment Trust 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 Madill-Marshall County Library Endowment Trust?

The Madill-Marshall County Library Endowment Trust primarily focuses on procuring books for a public library, serving approximately 10,000 individuals with library cards. The library also offers programs tailored for children. Its mission, in essence, is to enrich the library's resources, catering to the reading needs and interests of the local community.

Who is the CEO of Madill-Marshall County Library Endowment Trust?

Karen Wellman is the President of Madill-Marshall County Library Endowment Trust.

What is the revenue of Madill-Marshall County Library Endowment Trust?

Madill-Marshall County Library Endowment Trust's revenue in 2022 was $2,785.

Who are the executives of Madill-Marshall County Library Endowment Trust and what are their salaries?


Here are 4 key members and their salaries:


Karen Wellman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynne Stowers (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirly Harkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine M Wright (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Madill-Marshall County Library Endowment Trust?

Madill-Marshall County Library Endowment Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Madill-Marshall County Library Endowment Trust

The Madill-Marshall County Library Endowment Trust, in its mission, focuses on procuring books for the local library. This public library serves a community of approximately 10,000 individuals who hold library cards. The organization is committed to providing educational and engaging programs, particularly for children. Through this mission, the Madill-Marshall County Library Endowment Trust works to enrich the literary lives of its community members, fostering a love for reading and knowledge.

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Impact




October, 2024

The Madill-Marshall County Library Endowment Trust significantly enhances access to literature and educational resources in Marshall County. It supports the purchase of books for the city-county library, which serves a community of approximately 10,000 library cardholders. By funding these acquisitions, the Endowment Trust ensures that the library can provide a diverse and updated collection of materials, fostering a love for reading and learning among residents.

The library caters to around 8,000 individuals holding library cards and runs various programs specifically designed for children. These initiatives play a crucial role in developing early literacy skills and encouraging a lifelong engagement with reading. The Endowment Trust's commitment to maintaining and expanding the library's resources positively impacts the educational landscape of the community, promoting access to information and learning opportunities for all residents of Marshall County.




This information is meant to be a general summary of Madill-Marshall County Library Endowment Trust. 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
$2,785 (2022)
Expenses
$2,247 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $504
  • Gross Receipts: $2,785

Assets and Liabilities:

  • Total Assets: $38,779
  • Total Liabilities: $0
  • Net Assets: $38,779

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Organization Details

Principal Officer

Karen Wellman

Main Address

806 LITTLE AVENUE, MADILL, OK, 73446

NTEE Category

Code: B70 - Education

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