Erie Regional Library Foundation Inc
- Assets
- $274.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Erie, PA
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 25-1880191
Organization Overview
Erie Regional Library Foundation Inc is located in Erie, PA. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Erie Regional Library Foundation 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, Erie Regional Library Foundation Inc generated $94.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $132.2k during the year ending 12/2021. While expenses have increased by 11.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ERIE REGIONAL LIBRARY FOUNDATION EXISTS TO SUPPORT THE NEEDS OF THE ERIE COUNTY PUBLIC LIBRARY. WE PROVIDE FUNDING FOR DYNAMIC NEW PROJECTS THAT KEEP OUR LIBRARIES CREATIVE, FLEXIBLE, AND READY TO SERVE. WE ALSO HELP BUILD AND REFURBISH OUR LIBRARY BUILDINGS. WE TAKE OUR DIRECTION FROM THE STRATEGIC PLAN OF THE ERIE COUNTY PUBLIC LIBRARY. OUR FOUNDATION WAS ESTABLISHED IN 2000 AS THE PHILANTHROPIC TRIBUTARY TO THE ERIE COUNTY PUBLIC LIBRARY AS A SEPARATE 501(C)3 CHARITABLE ORGANIZATION WITH ITS OWN BOARD OF DIRECTORS AND GOVERNANCE. OUR PAST PROJECTS INCLUDE THE CONSTRUCTION AND RENOVATION OF LIBRARIES, SUPPORT FOR PLANNING EFFORTS, AND A BOOK ENDOWMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Chido Director | 5 | $0 | |
Sara Nesbitt Director | 5 | $0 | |
Beth Zimmer President | 5 | $0 | |
Joshua Nwokeji Director | 5 | $0 | |
Judy Dible Director | 5 | $0 | |
Jim Dible Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,156 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $241 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$243 |
| Other Revenue | $0 |
| Total Revenue | $94,154 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $167 |
| Other expenses | $129,093 |
| Total expenses | $132,210 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $266,300 |
| Other assets | $0 |
| Total assets | $274,280 |
| Total liabilities | $2,497 |
| Net assets or fund balances | $271,783 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Erie Regional Library Foundation Inc has recieved totaling $22,051.
| Awarding Organization | Amount |
|---|---|
Erie Community Foundation Erie, PA PURPOSE: VARIOUS PROJECTS | $22,051 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |
Americans For Ben-Gurion University Inc New York, NY | $873,598,749 | $105,090,161 |
Ohio University Foundation Athens, OH | $641,559,157 | $75,179,430 |
Anderson Center Services Inc Staatsburg, NY | $47,866,926 | $36,341,767 |
Forrestal Agricultural Corporation Princeton, NJ | $368,119,233 | $43,096,782 |
University Of Maryland Foundation Inc Adelphi, MD | $2,110,990,979 | $62,167,598 |
Faculty-Student Assoc Of State University Of Ny At Stony Brook Stony Brook, NY | $54,956,974 | $31,334,535 |
University Of Maryland Baltimore Foundation Inc Baltimore, MD | $437,980,331 | $59,974,746 |
Pelotonia Columbuus, OH | $27,807,886 | $34,892,875 |
Foundation For Indiana University Of Pennsylvania Indiana, PA | $226,911,998 | $27,994,482 |