Concord Free Public Library Corporation

Organization Overview

Concord Free Public Library Corporation is located in Concord, MA. The organization was established in 1979. As of 06/2021, Concord Free Public Library Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concord Free Public Library Corporation 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 06/2021, Concord Free Public Library Corporation generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OWN AND MAINTAIN PUBLIC LIBRARY BUILDINGS IN CONCORD, MASSACHUSETTS; OWN AND MAINTAIN SPECIAL COLLECTIONS OF THE CONCORD FREE PUBLIC LIBRARY; MISCELLANEOUS OTHER SUPPORT SERVICES FOR THE CONCORD FREE PUBLIC LIBRARY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUILDING AND GROUNDS MAINTENANCE, PURCHASE AND REPAIR OF EQUIPMENT AND FURNITURE, PURCHASES OF BOOKS AND MEDIA FOR CONCORD FREE PUBLIC LIBRARY CIRCULATING COLLECTION, COMPLETION OF A SERIES OF SUBSTANTIAL ENHANCEMENTS TO THE SECURITY OF THE MAIN LIBRARY BUILDING AND HIGH VALUE WORKS OF ART


SCHOLARSHIPS AWARDED BY THE BOARD OF TRUSTEES OF THE CONCORD FREE PUBLIC LIBRARY CORPORATION


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Board, Officers & Key Employees

Name (title)Compensation
Marcy Eckel
Development Director
$102,659
Sherry F Litwack
President
$0
O Mario Favorito
Vice Pres. (until Mar '21)
$0
Richard D Briggs Jr
Treasurer
$0
Pam Gannon
Clerk
$0
Theodore F Hanselman
Trustee (since Jan '21)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ce Floyd Company Inc
Contractor Services
$903,169
Johnson Roberts Associates Inc
Architectural Services
$106,416
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $26,980
All other contributions, gifts, grants, and similar amounts not included above$1,051,354
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,078,334
Total Program Service Revenue$13,873
Investment income $123,209
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $532,941
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,748,357

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Concord Free Public Library Corporation has recieved totaling $3,500.

Awarding OrganizationAmount
Mark P & Joyce A Davis Char Tr

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$3,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,881,656
Earnings$3,869,879
Other Expense$1,565,525
Ending Balance$18,186,010

Peer Organizations

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