Rockville Public Library
- Assets
- $5.6m
- Revenue
- $754.8k
- Investments
- $0.0
- Employees
- 43
- Location
- Vernon, CT
- Founding
- 06/1954
- Data as of
- 06/2018
- EIN
- 06-0670255
Organization Overview
Rockville Public Library is located in Vernon, CT. The organization was established in 1954. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2018, Rockville Public Library employed 43 individuals. Rockville Public 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 06/2018, Rockville Public Library generated $754.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.0m during the year ending 06/2018. While expenses have increased by 0.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE LIBRARY IS THE INFORMATION, CONTINUING EDUCATION, AND CULTURAL CENTER OF THE COMMUNITY OF VERNON ROCKVILLE, CT. THE LIBRARY PROVIDES AN ENVIRONMENT AND THE TOOLS NECESSARY TO MEET EVERY COMMUNITY RESIDENT'S NEED FOR INFORMATION, CULTURAL GROWTH AND ENTERTAINMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL INCOME USED FOR THE MAINTENANCE AND OPERATION OF ROCKVILLE PUBLIC LIBRARY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna R Enman Director | Officer | 50 | $72,280 |
Tiffany Caouette Personnel Chair | Trustee | 1 | $0 |
Mark Summers Vice President | Trustee | 5 | $0 |
Hanna Marcus Trustee | Trustee | 1 | $0 |
David Alter Secretary | Trustee | 5 | $0 |
James Purnell Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $545,804 |
| Investment income | $29,141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $174,853 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $754,768 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $407,652 |
| Pension plan accruals and contributions | $9,224 |
| Other employee benefits | $30,554 |
| Payroll taxes | $42,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,336 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,949 |
| Fees for services: Other | $3,583 |
| Advertising and promotion | $0 |
| Office expenses | $6,780 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,014 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,915 |
| Insurance | $30,276 |
| All other expenses | $0 |
| Total functional expenses | $1,048,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,893 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,445 |
| Investments—publicly traded securities | $1,125,372 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,619,317 |
| Accounts payable and accrued expenses | $52,859 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,948 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,807 |
| Net assets without donor restrictions | $5,243,745 |
| Net assets with donor restrictions | $50,972 |
| Capital stock or trust principal, or current funds | $262,793 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,557,510 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rockville Public Library has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
New Alliance Foundation Inc New Haven, CT PURPOSE: TO FUND "READY FOR THE GRADE", A PUBLIC LIBRARY, K-3 SUMMER READING INITIATIVE DEVELOPED BY NEWALLIANCE FOUNDATION WHERE THE LIBRARY WILL PARTNER WITH MAPLE STREET SCHOOL TO DEVELOP A PROGRAM TO STEM SUMMER READING LOSS AND MAINTAIN GRADE-LEVEL READING IN CHILDREN FROM LOW-INCOME FAMILIES. | $13,000 |
New Alliance Foundation Inc New Haven, CT PURPOSE: TO FUND "READY FOR THE GRADE", A PUBLIC LIBRARY, K-3 SUMMER READING INITIATIVE DEVELOPED BY NEWALLIANCE FOUNDATION WHERE THE LIBRARY WILL PARTNER WITH MAPLE STREET SCHOOL TO DEVELOP A PROGRAM TO STEM SUMMER READING LOSS AND MAINTAIN GRADE-LEVEL READING IN CHILDREN FROM LOW-INCOME FAMILIES. | $13,000 |
Endowment Analysis
| Beg. Balance | $250,000 |
| Ending Balance | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
Massachusetts Library System Inc Marlborough, MA | $7,404,141 | $11,793,761 |
Ferguson Library Stamford, CT | $21,910,876 | $11,228,846 |
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 |
Providence Public Library Providence, RI | $36,987,936 | $6,478,555 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
American Antiquarian Society Worcester, MA | $122,268,688 | $9,559,298 |