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Rockport Library Foundation

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

EIN: 830864371 ✦ Rockport, ME ✦ Designated as a 501(c)(3)

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Overview

What is Rockport Library Foundation?

The Rockport Library Foundation is a nonprofit organization situated in Rockport, Maine. Its primary objective is to collect funds for the construction of the community's public library. This is achieved through various fundraising initiatives. The Foundation also takes charge of a specific campaign to acquire new furniture and decorative items for the interior design of the library building. By doing so, the Rockport Library Foundation significantly contributes to the enhancement and modernization of the local library, providing a more welcoming and functional space for the community.


Official website here: www.rockportlibraryfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Stars

The Rockport Library Foundation has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is based entirely on a single beacon score, which reflects its commitment to transparency and effective financial management. With a perfect score in the Accountability & Finance category, it demonstrates a solid foundation for trust among donors.

Key strengths of the Rockport Library Foundation include its fully independent board, which consists of six members, and its excellent practices regarding conflict of interest and material diversion of assets. The foundation has also maintained a high program expense ratio of 95.10%, ensuring that most of its funds are directed toward its mission, which is a significant advantage for potential supporters.

However, it is worth noting that the foundation lacks a whistleblower policy, which may be a concern for some stakeholders looking for comprehensive governance practices. Despite this limitation, the foundation's overall performance underscores its dedication to fiscal responsibility and effective operations, making it a commendable option for those interested in supporting library services.


This AI summary has been generated from information found on Charity Navigator.

Is Rockport Library Foundation legitimate?

Rockport Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockport Library Foundation 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.rockportlibraryfoundation.org

What is the mission statement of Rockport Library Foundation?

The Rockport Library Foundation's mission is centered around fundraising with the primary goal of constructing a public library. The funds are sourced from various initiatives. Beyond the construction, the Foundation also manages a campaign to procure new furniture and interior decorations for the library building. In essence, the Foundation is dedicated to enhancing the library's infrastructure and facilities for the benefit of its users.


Official website here: www.rockportlibraryfoundation.org

Who is the CEO of Rockport Library Foundation?

Ingrid Van Steenberg is the Treasurer of Rockport Library Foundation.


Official website here: www.rockportlibraryfoundation.org

What is the revenue of Rockport Library Foundation?

Rockport Library Foundation's revenue in 2023 was $36,460.


Official website here: www.rockportlibraryfoundation.org

Who are the executives of Rockport Library Foundation and what are their salaries?


Here are 6 key members and their salaries:


Denise Munger (President Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Ruffin (Vice Pres. O)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Van Steenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Van Baalen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rockportlibraryfoundation.org

Where can I find the form 990EZ for Rockport Library Foundation?

Rockport Library Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.rockportlibraryfoundation.org

Learn more at the official website: www.rockportlibraryfoundation.org

Mission Statement of Rockport Library Foundation

The Rockport Library Foundation is dedicated to supporting the construction of a public library in a town, though the specific location is not specified. By leveraging funds raised through various initiatives, this organization plays a crucial role in making this project a reality. Furthermore, the Rockport Library Foundation takes an active role in overseeing a funding campaign to enhance the interior design of the library by providing new furniture and furnishings. In essence, the mission of the Rockport Library Foundation is to contribute financially to the establishment of a public library and improve its ambiance through the procurement of new furniture and furnishings.

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Impact




October, 2024

The Rockport Library Foundation significantly enhances the cultural and educational landscape of Rockport, Maine, by raising essential funds for the construction and furnishing of the public library. Through dedicated fundraising efforts, the Foundation not only supports the establishment of the library but also ensures that it is equipped with new furniture and furnishings that create a welcoming and functional space for the community. This investment directly impacts residents by providing access to a resource hub that fosters learning, literacy, and community engagement. The Foundation’s initiatives contribute to the overall enrichment of the town, making the library a vital asset for education and collaboration among its residents.




This information is meant to be a general summary of Rockport Library Foundation. 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
$36,460 (2023)
Expenses
$24,786 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $70
  • Gross Receipts: $36,460

Assets and Liabilities:

  • Total Assets: $184,563
  • Total Liabilities: $0
  • Net Assets: $184,563

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Organization Details

Principal Officer

Ingrid Van Steenberg

Main Address

PO BOX 204, ROCKPORT, ME, 04856

NTEE Category

Code: B70 - Education

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