Overview
What is The Tool Library Inc?
The Tool Library Inc is a nonprofit organization that offers a tool lending program, with 1,170 active members utilizing 4,520 tools in 14,554 transactions in 2022. This program saves the community approximately $587,355 and serves its charitable purpose by combating neighborhood blight. By providing tools, equipment, and resources, the organization empowers communities to create desired changes and contribute to community building, thereby promoting a positive impact.
Official website here: www.toollibrary.org
Is The Tool Library Inc legitimate?
The Tool Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Tool Library Inc 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.
Official website here: www.toollibrary.org
What is the mission statement of The Tool Library Inc?
The Tool Library Inc's mission is centered around providing a Tool Lending Program, serving 1,170 active members who utilized 4,520 tools in 14,554 transactions in 2022. This initiative saved the community an estimated $587,355 and supports the organization's charitable objective of combating neighborhood blight. By offering tools, equipment, and resources, The Tool Library Inc aims to empower communities to bring about the changes they desire. The ultimate goal is to utilize these tools to combat blight and foster a sense of community.
Official website here: www.toollibrary.org
Who is the CEO of The Tool Library Inc?
Darren Cotton is the President of The Tool Library Inc.
Official website here: www.toollibrary.org
What is the revenue of The Tool Library Inc?
The Tool Library Inc's revenue in 2022 was $115,219.
Official website here: www.toollibrary.org
Who are the executives of The Tool Library Inc and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.toollibrary.org
Where can I find the form 990EZ for The Tool Library Inc?
The Tool Library Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.toollibrary.org
Learn more at the official website: www.toollibrary.org
Mission Statement of The Tool Library Inc
The Tool Library Inc, an organization dedicated to its mission, operates a Tool Lending Program that aims to make a significant impact in its community. With over 1,170 active members, this nonprofit facilitates tool borrowing, resulting in 14,554 transactions and 4,520 tool loans in 2022 alone. By offering these tools, The Tool Library Inc fosters a collective savings of $587,355, directly contributing to its charitable purpose. This purpose lies in combating neighborhood blight and promoting community development. By providing the necessary tools, equipment, and resources, The Tool Library Inc empowers its community to bring about the change they desire, thereby strengthening their neighborhoods and fostering a sense of unity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Tool Library Inc has made a significant impact on the Buffalo, NY community by facilitating access to essential tools and equipment. In 2022, 1,170 active members utilized the tool lending program, borrowing 4,520 tools across 14,554 transactions. This access translated into $587,355 in savings for community members, enabling individuals and groups to undertake various projects and improvements without the financial burden of purchasing tools outright.
By providing invaluable resources, The Tool Library Inc actively combats neighborhood blight, empowering residents to take initiative in enhancing their environments. This initiative not only fosters community engagement by encouraging collaboration and shared responsibility but also supports the idea that communities can create meaningful change when equipped with the right resources. Overall, the organization plays a pivotal role in building stronger, more resilient neighborhoods.
This information is meant to be a general summary of The Tool Library 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $5,577
- Gross Receipts: $122,487
Assets and Liabilities:
- Total Assets: $275,985
- Total Liabilities: $367
- Net Assets: $275,618
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(716) 857-0096Principal Officer
Darren Cotton
Main Address
5 W Northrup Place, Buffalo, NY, 14214
Website
www.toollibrary.orgNTEE Category
Code: S20 - Community improvement
If you are a representative of The Tool Library Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.