Peck Memorial Library Association Inc
- Assets
- $677.5k
- Revenue
- $95.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Marathon, NY
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 15-0581087
Organization Overview
Peck Memorial Library Association Inc is located in Marathon, NY. The organization was established in 1982. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Peck Memorial Library Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peck Memorial Library Association 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, Peck Memorial Library Association Inc generated $95.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $93.5k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC LIBRARY SERVING MARATHON NY AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC LIBRARY SERVING NEARLY 1,000 CITIZENS IN MARATHON NY SCHOOL DISTRICT SURROUNDING COMMUNITIES. TOTAL CIRCULATION IS OVER 16,000 ITEMS. TOTAL COLLECTION IS 14,543. THE LIBRARY PROVIDES CHILD ADULT READING PROGRAMS. THE LIBRARY HAS OVER 1,500 REGISTERED BORROWERS AND OVER 13,000 ANNUAL VISITS TO THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Lambrecht Treasurer | OfficerTrustee | 2 | $0 |
Mary Frank Secretary | OfficerTrustee | 1 | $0 |
Connie White Vice President | OfficerTrustee | 1 | $0 |
Kathleen Cusick President | OfficerTrustee | 1 | $0 |
Eileen Fitzgerald-Spiehs Trustee | Trustee | 1 | $0 |
Sharon Trokanski Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,407 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,898 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,305 |
| Total Program Service Revenue | $82,585 |
| Investment income | $687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $592 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,169 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $26,417 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,462 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $255 |
| Office expenses | $494 |
| Information technology | $82 |
| Royalties | $0 |
| Occupancy | $8,283 |
| 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 | $15,479 |
| Insurance | $5,284 |
| All other expenses | $0 |
| Total functional expenses | $93,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,603 |
| Savings and temporary cash investments | $149,870 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $393,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $677,545 |
| Accounts payable and accrued expenses | $795 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $795 |
| Net assets without donor restrictions | $621,317 |
| Net assets with donor restrictions | $55,433 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $677,545 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peck Memorial Library Association Inc has recieved totaling $9.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Endowment Analysis
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 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
York County Library System York, PA | $12,667,989 | $7,212,125 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
Pennsylvania Academic Library Consortium Inc Drexel Hill, PA | $3,964,819 | $6,669,541 |
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 |