New England Library Assoc Inc
- Assets
- $254.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Belchertown, MA
- Founding
- 09/1963
- Data as of
- 12/2021
- EIN
- 04-2326479
Organization Overview
New England Library Assoc Inc is located in Belchertown, MA. The organization was established in 1963. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2021, New England Library Assoc Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Library Assoc 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 12/2021, New England Library Assoc Inc generated $105.3k 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 (12.1%) each year. All expenses for the organization totaled $103.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL AND LEADERSHIP OPPORTUNITIES FOR LIBRARY STAFF IN SUPPORT OF IMPROVED LIBRARY SERVICES FOR THE PEOPLE OF NEW ENGLAND
Describe the Organization's Program Activity:
Part 3
CONFERENCE ASSEMBLY OF MEMBERS TO ASSIST WITH CONTINUING EDUCATION
COMMITTEES & SECTIONS NETSL $15,306; MEMBERSHIP $44; NERTCL $3,419 NELLS $31,465
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Usselman President | 5 | $0 | |
Lucinda Walker Secretary | 5 | $0 | |
Bernie Prochnik Treasurer | 5 | $0 | |
Bethany Klem Vice President | 5 | $0 | |
Mike Zeller Past President | 5 | $0 | |
Christy Billings Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,831 |
| Total Program Service Revenue | $37,615 |
| Membership dues | $32,185 |
| Investment income | $105 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $26,549 |
| Total Revenue | $105,285 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,212 |
| Professional fees and other payments to independent contractors | $3,520 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,668 |
| Total expenses | $103,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $231,273 |
| Other assets | $0 |
| Total assets | $254,094 |
| Total liabilities | $10,030 |
| Net assets or fund balances | $244,064 |