Heritage Regional Library Foundation Inc
- Assets
- $122.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charles City, VA
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 01-0800764
Organization Overview
Heritage Regional Library Foundation Inc is located in Charles City, VA. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Heritage Regional Library Foundation 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 12/2022, Heritage Regional Library Foundation Inc generated $82.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $1.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HAS CAMPAIGNED TO HAVE LIBRARIES BUILT IN CHARLES CITY COUNTY, VIRGINIA AND NEW KENT COUNTY, VIRGINIA SINCE ITS INCEPTION. A LIBRARY WAS APPROVED TO BE BUILT BY REFERENDUM IN CHARLES CITY COUNTY DURING 2016. DURING 2017 THE NEW KENT LIBRARY WAS COMPLETED AND OPENED TO THE PUBLIC. THE FOUNDATION ASSISTED WITH THE PURCHASE OF FURNITURE AND EQUIPMENT AND WITH MARKETING. THE CHARLES CITY COUNTY LIBRARY WAS COMPLETED AND OPENED TO THE PUBLIC IN 2019. THE FOUNDATION EXPECTS TO CONTINUE TO ASSIST BOTH LIBRARIES THROUGH MARKETING, MAINTENANCE, AND IMPROVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Miles President | 0 | $0 | |
Julia Boyd Secretary | 0 | $0 | |
James A Tyler Jr Treasurer | 0 | $0 | |
Robert Nelms Director | 0 | $0 | |
William O'keefe Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $217 |
| Total expenses | $1,267 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,475 |
| Other assets | $0 |
| Total assets | $122,475 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,475 |