Wells River Library Asociation
- Assets
- $91.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wells River, VT
- Founding
- 05/1978
- Data as of
- 12/2021
- EIN
- 03-0230904
Organization Overview
Wells River Library Asociation is located in Wells River, VT. The organization was established in 1978. 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. Wells River Library Asociation 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 12/2021, Wells River Library Asociation generated $40.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Kreis Chairman | 1.5 | $0 | |
Chris Buhner Vice Chairman | 1 | $0 | |
Ann Marie Fredella Secretary/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,538 |
| Total Program Service Revenue | $28,555 |
| Membership dues | $0 |
| Investment income | $514 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,607 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,308 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $14,458 |
| Printing, publications, postage, and shipping | $1,902 |
| Other expenses | $7,773 |
| Total expenses | $46,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,956 |
| Other assets | $0 |
| Total assets | $91,899 |
| Total liabilities | $0 |
| Net assets or fund balances | $91,899 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
American Antiquarian Society Worcester, MA | $122,268,688 | $9,559,298 |
John Fitzgerald Kennedy Library Foundation Incorporated Boston, MA | $64,242,661 | $9,493,249 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
Proprietors Of The Social Law Library Boston, MA | $11,132,474 | $6,079,847 |
New City Library New City, NY | $17,574,056 | $6,151,626 |
Ramapo Catskill Library System Middletown, NY | $7,241,710 | $5,453,407 |
Rogers Memorial Library Co Southampton, NY | $10,096,984 | $4,883,098 |