Overview
What is Medford Public Library Foundation Inc?
Medford Public Library Foundation Inc, a 501(c)(3) organization, was established in the summer of 2018. Its primary mission is to solicit, manage, and monitor private funds for the betterment of the Medford Public Library. This includes funding for construction, outfitting, maintenance, and operation of the library. The foundation works in collaboration with the Mayor's Office of Medford City, Medford Library Trustees, and the Friends of the Medford Public Library to achieve its goals, contributing significantly to the library's growth and services.
Official website here: www.medfordpubliclibraryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Medford Public Library Foundation Inc has received an overall score of 83%, which reflects a strong performance in Accountability and Finance. The charity's score is bolstered by a perfect set of metrics in areas such as board independence, material diversion of assets, and the percentage of expenses allocated to its programs, which stands at an impressive 88.59%. These indicators suggest that the organization is effectively managing resources to support its mission.
However, the foundation does have some areas for improvement. It lacks a whistleblower policy and a document retention and destruction policy, which are critical for ensuring transparency and accountability. Additionally, the nonprofit does not post its tax form on its website, which could hinder potential donors' ability to access important financial information.
Overall, while the Medford Public Library Foundation Inc demonstrates strong financial management and accountability practices, addressing the noted policy gaps could enhance its operational integrity and trustworthiness in the eyes of supporters and the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Medford Public Library Foundation Inc?
78% of 14 reviewers on Facebook recommend the Medford Public Library Foundation Inc. Here is a summary of their reviews:
Many users appreciate the library’s extensive collection, highlighting the positive experiences they've had while visiting. One reviewer noted their satisfaction with the assistance provided, mentioning they checked out two dozen books, indicating the library’s effectiveness in serving patrons' needs.
Overall, there seems to be a favorable sentiment towards the nonprofit, with users acknowledging the support and resources available for the community, encouraging others to explore what the library has to offer.
This AI summary has been generated from reviews found on Facebook.
Is Medford Public Library Foundation Inc legitimate?
Medford Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medford Public 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.medfordpubliclibraryfoundation.org
What is the mission statement of Medford Public Library Foundation Inc?
The Medford Public Library Foundation Inc., established in 2018 as a 501(c)(3) organization, is dedicated to raising, managing, and overseeing private funds for the benefit of the Medford Public Library. This non-profit organization collaborates with the Office of the Mayor of Medford, Medford Library Trustees, and the Friends of the Medford Public Library, with the goal of supporting the construction, outfitting, maintenance, and operation of the library. Their mission is to contribute financially to the library's growth and upkeep, thereby enhancing the community's access to knowledge and resources.
Official website here: www.medfordpubliclibraryfoundation.org
Who is the CEO of Medford Public Library Foundation Inc?
Gilda Nogueira is the President of Medford Public Library Foundation Inc.
Official website here: www.medfordpubliclibraryfoundation.org
What is the revenue of Medford Public Library Foundation Inc?
Medford Public Library Foundation Inc's revenue in 2022 was $674,874.
Official website here: www.medfordpubliclibraryfoundation.org
Who are the executives of Medford Public Library Foundation Inc and what are their salaries?
There 12 volunteers at Medford Public Library Foundation Inc.
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Official website here: www.medfordpubliclibraryfoundation.org
Where can I find the form 990 for Medford Public Library Foundation Inc?
Medford Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medfordpubliclibraryfoundation.org
Learn more at the official website: www.medfordpubliclibraryfoundation.org
Mission Statement of Medford Public Library Foundation Inc
The Medford Public Library Foundation Inc, established in 2018, is a 501(c)(3) organization with a mission to solicit, manage, and monitor private funds for the benefit of the Medford Public Library. Working in collaboration with the Office of the Mayor of Medford, Medford Library Trustees, and the Friends of the Medford Public Library, this nonprofit organization aims to contribute to the construction, outfitting, maintenance, and operation of the Medford Public Library. Their primary role is to secure financial support to enhance the library's services and facilities, ultimately enriching the community's access to knowledge and resources.
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Impact
July, 2024
Medford Public Library Foundation Inc plays a vital role in supporting the construction, outfitting, maintenance, and operation of the Medford Public Library. By soliciting, managing, and monitoring private funds, this organization ensures that the library is well-equipped to serve the community effectively. Working in collaboration with key stakeholders such as the Office of the Mayor of the City of Medford, Medford Library Trustees, and Friends of the Medford Public Library, the foundation significantly contributes to enhancing access to educational resources and promoting a culture of learning and creativity in Medford, MA.
This information is meant to be a general summary of Medford Public 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $484
- Gross Receipts: $674,874
Assets and Liabilities:
- Total Assets: $1,995,382
- Total Liabilities: $94,071
- Net Assets: $1,901,311
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Organization Details
Founding Year
2018
Phone
(781) 395-7950Principal Officer
Gilda Nogueira
Main Address
111 HIGH STREET, MEDFORD, MA, 02155
NTEE Category
Code: A11 - Arts
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