Old Tappan Free Library Association is located in Old Tappan, NJ. The organization was established in 1969. 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, Old Tappan Free Library Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Tappan Free Library Association 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, Old Tappan Free Library Association generated $607.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $618.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
TO PROVIDE AND MAINTAIN A FREE PUBLIC LIBRARY TO THE RESIDENTS OF OLD TAPPAN, NJ AND PARTICIPANTS IN THE BERGEN COUNTY COOPERATIVE LIBRARY SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREE PUBLIC LIBRARY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Meeske Director | Trustee | 40 | $88,736 |
Greg Eiband President | OfficerTrustee | 4 | $0 |
Debbie Chinnici Vice President | OfficerTrustee | 2 | $0 |
Brett Kuehner Treasurer | OfficerTrustee | 2 | $0 |
John Collins Secretary | OfficerTrustee | 2 | $0 |
Alexander Carver Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $587,505 |
All other contributions, gifts, grants, and similar amounts not included above | $13,860 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $601,365 |
Total Program Service Revenue | $5,636 |
Investment income | $165 |
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 | $607,166 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $88,736 |
Other salaries and wages | $212,224 |
Pension plan accruals and contributions | $15,494 |
Other employee benefits | $0 |
Payroll taxes | $24,576 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,435 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $8,876 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $67,257 |
Insurance | $0 |
All other expenses | $50,863 |
Total functional expenses | $618,357 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $144,213 |
Savings and temporary cash investments | $288,140 |
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 | $5,145 |
Net Land, buildings, and equipment | $988,760 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,426,258 |
Accounts payable and accrued expenses | $4,191 |
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 | $155,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $159,191 |
Net assets without donor restrictions | $1,134,057 |
Net assets with donor restrictions | $133,010 |
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 | $1,426,258 |
Over the last fiscal year, we have identified 1 grants that Old Tappan Free Library Association has recieved totaling $35.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $35 |
Organization Name | Assets | Revenue |
---|---|---|
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
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 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |