Valatie Free Library
- Assets
- $427.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valatie, NY
- Founding
- 10/1992
- Data as of
- 12/2022
- EIN
- 22-2488952
Organization Overview
Valatie Free Library is located in Valatie, NY. The organization was established in 1992. 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. Valatie Free 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 12/2022, Valatie Free Library generated $113.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $109.7k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED BOOKS, MAGAZINES, NEWSPAPERS, VIDEO AND AUDIO MATERIALS, COMPUTER ACCESS TO RESIDENTS OF OUR SERVICE AREA AND OTHER MEMBER LIBRARIES OF THE MID HUDSON LIBRARY SYSTEM. HELD A TOTAL OF 115 PROGRAMS THROUGHOUT THE YEAR FOR CHILDREN AND ADULTS. CIRCULATED APPROXIMATELY 20,500 ITEMS(BOOKS, AUDIO, VIDEO).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emilia Teasdale President | 2 | $0 | |
Jill Leinung Vice Preside | 2 | $0 | |
Shirley Kelly Treasurer | 2 | $0 | |
Kristi Berner Secretary | 2 | $0 | |
Sally Hogan Board Member | 2 | $0 | |
Margaret Todisco Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,047 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $230 |
| Other Revenue | $202 |
| Total Revenue | $113,479 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,986 |
| Professional fees and other payments to independent contractors | $7,491 |
| Occupancy, rent, utilities, and maintenance | $19,135 |
| Printing, publications, postage, and shipping | $2,216 |
| Other expenses | $29,906 |
| Total expenses | $109,734 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,400 |
| Other assets | $0 |
| Total assets | $427,645 |
| Total liabilities | $1,641 |
| Net assets or fund balances | $426,004 |