China Library Association Inc is located in China Village, ME. The organization was established in 1943. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. China Library Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, China Library Association Inc generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $67.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHINA LIBRARY ASSOCIATION PROVIDES LIBRARY SERVICES TO THE RESIDENTS IN AND AROUND THE TOWN OF CHINA, MAINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Parent Treasurer | 0 | $0 | |
Louisa Barnhart President | 0 | $0 | |
Gerry Boyle Trustee | 0 | $0 | |
Justine Knizeski Trustee | 0 | $0 | |
Kerri Mcglew Vice Preside | 0 | $0 | |
Mary Boyle Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $6,093 |
Interest on Savings | $0 |
Dividends & Interest | $13,805 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $5,098 |
Total Revenue | $24,996 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $15,017 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,940 |
Depreciation | $630 |
Occupancy | $37,347 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $9,357 |
Total operating and administrative expenses | $67,336 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $67,336 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,026 |
Savings and temporary cash investments | $16,007 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $16,583 |
Other assets | $0 |
Total assets | $390,008 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Bangor Public Library Trustees Bangor, ME | $25,795,919 | $2,775,295 |
Maine Peoples Resource Center Portland, ME | $2,139,124 | $2,704,072 |
Rockport Library Foundation Rockport, ME | $310,933 | $664,921 |
The Upper Room A Family Resource Center Derry, NH | $2,012,046 | $1,533,126 |
York Public Library Association Inc York, ME | $7,085,661 | $941,036 |
Kennebunk Free Library Association Kennebunk, ME | $2,344,059 | $951,000 |
Topsham Public Library Topsham, ME | $1,623,953 | $916,950 |
Meredith Library Fund Meredith, NH | $40,551 | $10,850 |
Park Street Foundation Concord, NH | $304,435 | $636,101 |
Sanford Library Association Sanford, ME | $2,367,641 | $997,039 |
Trustees Of Merrill Memorial Library Yarmouth, ME | $4,155,143 | $731,086 |
Southwest Harbor Public Library Southwest Harbor, ME | $5,912,644 | $804,852 |