Community Library
- Assets
- $484.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lyman, ME
- Founding
- 11/1996
- Data as of
- 06/2023
- EIN
- 01-0494252
Organization Overview
Community Library is located in Lyman, ME. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Library 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 06/2023, Community Library generated $149.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $143.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SERVICE ACCOMPLISHMENTS INCLUDE: LOANING OF BOOKS & DVDS; PURCHASE AND PROCESSING BOOKS FOR PUBLIC USE; PROVIDING COMPUTERS TO BE USED BY PATRONS AND PROVIDER OF PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Bechard Chairman | 0 | $0 | |
Sharon Leblanc Director | 0 | $0 | |
Tabitha Soule Secretary | 0 | $0 | |
David Mcclintock Director | 0 | $0 | |
Holly Hart Director | 0 | $0 | |
Maurice St Clair Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,163 |
| Total Program Service Revenue | $3,510 |
| Membership dues | $0 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,073 |
| Total Revenue | $149,814 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,525 |
| Professional fees and other payments to independent contractors | $3,523 |
| Occupancy, rent, utilities, and maintenance | $15,849 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,532 |
| Total expenses | $143,429 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,199 |
| Other assets | $0 |
| Total assets | $484,250 |
| Total liabilities | $0 |
| Net assets or fund balances | $484,250 |