Wells Public Library Foundation Inc
- Assets
- $410.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wells, ME
- Founding
- 05/2012
- Data as of
- 06/2022
- EIN
- 45-4551792
Organization Overview
Wells Public Library Foundation Inc is located in Wells, ME. The organization was established in 2012. 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. Wells Public 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 06/2022, Wells Public Library Foundation Inc generated $192.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.8% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DEVELOP FUNDS THROUGH FUNRAISING ACTIVITIES, INVEST THE ASSETS OF THE ORGANIZATION, PROMOTE COMMUNITY AWARENESS, AND ALLOCATE FUNDS FOR THE SUPPORT OF THE PROGRAMS AND FACILITIES OF THE WELLS PUBLIC LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Conners Chair | 5 | $0 | |
Peter Masucci Treasurer | 5 | $0 | |
Deborah Lapointe Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,930 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $192,930 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,030 |
| Other expenses | $50 |
| Total expenses | $5,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $410,774 |
| Other assets | $0 |
| Total assets | $410,774 |
| Total liabilities | $0 |
| Net assets or fund balances | $410,774 |