Infolink The Eastern New Jersey Regional Library Cooperative Inc
- Assets
- $1.2m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Trenton, NJ
- Founding
- 03/1986
- Data as of
- 06/2024
- EIN
- 22-2629604
Organization Overview
Infolink The Eastern New Jersey Regional Library Cooperative Inc, operating under the name LibraryLinkNJ, is located in Trenton, NJ. The organization was established in 1986. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2024, LibraryLinkNJ employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LibraryLinkNJ 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 06/2024, LibraryLinkNJ generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.2m during the year ending 06/2024. While expenses have increased by 2.2% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
LIBRARYLINKNJ IS A NONPROFIT, MULTI-TYPE LIBRARY ORGANIZATION ESTABLISHED UNDER THE NJ LIBRARY NETWORK LAW AND THE REGULATIONS UNDER NJ ADMINISTRATIVE CODE 15:22. LIBRARYLINKNJ FOSTERS LIBRARY INOVATION,CONTINUING EDUCATION, COOPERATIVE PURCHASES, NETWORKING, AND COLLABORATION AND FACILITATES EFFICIENT AND COST-EFFECTIVE RESOURCE SHARING THROUGH THE STATEWIDE INTERLIBRARY LOAN DELIVERY SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STATEWIDE INTERLIBRARY LOAN DELIVERY SERVICE DELIVERS LIBRARY MATERIALS TO AND FROM LLNJ MEMBER LIBRARIES IN NJ. MEMBERS SHARE IN THE COST FOR THIS SERVICE. MEMBERS ARE GIVEN A BASE NUMBER OF DELIVERY DAYS BASED ON VOLUME OF BOOKS BEING SHIPPED TO OTHER MEMBER LIBRAIRES. ANY ADDITIONAL DELIVERY DAYS REQUESTED BY THE MEMBER LIBRARY IS CHARGED AT FULL COST.
OTHER STATEWIDE SERVICE EXPENDITURES INCLUDE SUPPORT FOR THE NJLA EQUITY SCHOLARSHIP PROGRAM, PROFESSIONAL DEVELOPMENT SUBSIDIES FOR LIBRARIES, LIBRARY ASSOCIATION MEMBERSHIPS, PLANNING AND EVALUATION, STAFF AND BOARD DEVELOPMENT, PUBLIC RELATIONS, WEBSITE COSTS, AND SPONSORSHIPS FOR LIBRARY ORGANIZATION CONFERENCES AND EVENTS.
LIBRARYLINKNJ COORDINATES PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION FOR NJ LIBRARY WORKERS THROUGH IN-PERSON AND VIRTUAL PROGRAMS, SPECIAL EVENTS, AND WORKSHOPS LIKE OUR SUPER LIBRARY SUPERVISOR TRAINING SERIES FOCUSING ON SUPERVISORY SKILLS. EXPENSES INCLUDE PRESENTER AND VENUE FEES AND TECHNOLOGY AND ONLINE HOSTING COSTS. RECORDINGS OF MANY OF THESE PROGRAMS ARE MADE AVALIABLE THROUGH OUR LEARNING SPACE ON-DEMAND TRAINING PORTAL ALONG WITH ADDITIONAL CONTINUING EDUCATION COURSES DESIGNED FOR SELF-PACED LEARNING.
LIBRARYLINKNJ FACILITATES STRATEGIC INITATIVES AND SPECIAL PROJECTS TO ACCOMPLISH THE GOALS AND OBJECTIVES OF OUR STRATEGIC PLAN AND TO PROMOTE INNOVATION AND COLLABORATION IN THE NJ LIBRARY COMMUNITY. EXPENSES INCLUDE PRESENTER AND VENUE FEES AND CONSULTANT COSTS FOR THESE INITIATIVES INCLUDING THE MENTORNJ PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Serpico President | OfficerTrustee | 2 | $0 |
Irene Langlois Vice President | OfficerTrustee | 2 | $0 |
Mary Fran Daley Treasurer | OfficerTrustee | 2 | $0 |
Corey Fleming Assistant Treasurer | OfficerTrustee | 2 | $0 |
Laura Giacobbe Secretary | OfficerTrustee | 2 | $0 |
Amy Behr-Shields Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tforce Final Mile Delivery Services | 6/29/19 | $855,503 |
Kxp Advantage Services Llc Delivery Services | 6/29/19 | $244,765 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,826,489 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,873 |
| Noncash contributions included in lines 1a–1f | $51,873 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,878,362 |
| Total Program Service Revenue | $245,197 |
| Investment income | $59,322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,182,881 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $556,043 |
| Pension plan accruals and contributions | $63,891 |
| Other employee benefits | $86,469 |
| Payroll taxes | $46,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,209 |
| Fees for services: Accounting | $21,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,462 |
| Advertising and promotion | $0 |
| Office expenses | $1,758 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,873 |
| Travel | $12,213 |
| 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 | $0 |
| Insurance | $8,992 |
| All other expenses | $16,765 |
| Total functional expenses | $2,185,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,502 |
| Savings and temporary cash investments | $1,060,974 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,739 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,212,215 |
| Accounts payable and accrued expenses | $17,808 |
| Grants payable | $0 |
| Deferred revenue | $1,165 |
| 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 | $705,361 |
| Total liabilities | $724,334 |
| Net assets without donor restrictions | $487,881 |
| Net assets with donor restrictions | $0 |
| 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 | $1,212,215 |