Midwest Collaborative For Library Services Inc
- Assets
- $15.1m
- Revenue
- $26.2m
- Investments
- $0.0
- Employees
- 26
- Location
- Lansing, MI
- Founding
- 07/1975
- Data as of
- 06/2021
- EIN
- 23-7436918
Organization Overview
Midwest Collaborative For Library Services Inc is located in Lansing, MI. The organization was established in 1975. As of 06/2021, Midwest Collaborative For Library Services Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Collaborative For Library Services 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 06/2021, Midwest Collaborative For Library Services Inc generated $26.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $25.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 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 FACILITATE THE SHARING OF INFORMATION RESOURCES AMONG THE LIBRARIES OF MICHIGAN AND INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AUTOMATED SERVICES (ACCESS TO COMPUTER NETWORKS) AND COOPERATIVE PURCHASING SERVICES WHICH ALLOWED MEMBERS TO OPERATE COST EFFECTIVELY AND OFFER EXPANDED SERVICES TO 648 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Garrison Executive Director | Officer | 45 | $144,126 |
Debbi Schaubman Shared Library Systems Man | 45 | $106,376 | |
Mark Szidik Chief Information Officer | 45 | $103,567 | |
Arlene Weismantel Treasurer | OfficerTrustee | 1 | $0 |
Marion Frank-Wilson Vice President | OfficerTrustee | 1 | $0 |
Jake Speer Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,560,298 |
| Investment income | $197,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$701 |
| Net Gain/Loss on Asset Sales | $159,050 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $207 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,161,639 |
| 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. | $162,797 |
| Compensation of current officers, directors, key employees. | $29,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,362,965 |
| Pension plan accruals and contributions | $113,336 |
| Other employee benefits | $271,317 |
| Payroll taxes | $115,751 |
| 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 | $62,842 |
| Fees for services: Other | $608,908 |
| Advertising and promotion | $0 |
| Office expenses | $58,090 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,117 |
| Travel | $31,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,107 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,734 |
| Insurance | $16,756 |
| All other expenses | $0 |
| Total functional expenses | $25,780,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $5,646,385 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $473,269 |
| 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 | $616,982 |
| Net Land, buildings, and equipment | $743,604 |
| Investments—publicly traded securities | $7,657,673 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,250 |
| Total assets | $15,149,263 |
| Accounts payable and accrued expenses | $1,310,370 |
| Grants payable | $0 |
| Deferred revenue | $3,257,456 |
| 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 | $4,567,826 |
| Net assets without donor restrictions | $10,581,437 |
| 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 | $15,149,263 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Collaborative For Library Services Inc Lansing, MI | $15,149,263 | $26,161,639 |
Stark County District Library Canton, OH | $22,550,169 | $20,470,010 |
Willard Library Battle Creek, MI | $5,504,980 | $5,978,429 |
Willard Library Of Evansville Evansville, IN | $2,845,085 | $1,302,512 |
Hoyt Trust Saginaw, MI | $13,312,387 | $317,292 |
Galion Public Library Association Galion, OH | $2,277,244 | $693,780 |
Mabel Tainter Literary Library & Educational Society Menomonie, WI | $4,637,206 | $653,036 |
Peninsula Library & Historical Society Peninsula, OH | $2,480,822 | $546,522 |
Ligonier Public Library Ligonier, IN | $2,052,265 | $370,383 |
Detroit Public Library Friends Foundation Inc Detroit, MI | $4,265,630 | $310,193 |
Southeastern Wisconsin Information Technology Exchange Inc Milwaukee, WI | $184,005 | $425,122 |
Cleveland Public Library Foundation Cleveland, OH | $692,602 | $436,979 |