Eastern Shore Regional Library Inc
- Assets
- $2.3m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Salisbury, MD
- Founding
- 07/1993
- Data as of
- 06/2022
- EIN
- 52-0808240
Organization Overview
Eastern Shore Regional Library Inc is located in Salisbury, MD. The organization was established in 1993. As of 06/2022, Eastern Shore Regional Library Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Shore Regional Library 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, Eastern Shore Regional Library Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 2.9% 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.
Since 2015, Eastern Shore Regional Library Inc has awarded 72 individual grants totaling $5,386,512. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REGIONAL RESOURCE CENTER FOR THE PUBLIC LIBRARY SYSTEMS AND OTHER LIBRARIES. PROVIDE BOOKS, INFORMATION TECHNOLOGY, AND OTHER MATERIAL AND SERVICE RESOURCES THAT AN INDIVIDUAL LIBRARY CANNOT PROVIDE ADEQUATELY BY ITSELF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGIONAL RESOURCE CENTER FOR PUBLIC LIBRARY SYSTEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Venditta Secretary | OfficerTrustee | 35 | $107,022 |
Jennifer Ranck Vice President | OfficerTrustee | 0 | $0 |
Debby Bennett President | OfficerTrustee | 0 | $0 |
Dana Newman Director | Trustee | 0 | $0 |
Arnessa Dowell Director | Trustee | 0 | $0 |
Janet Salazar Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,364,669 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $106,786 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,364,669 |
| Total Program Service Revenue | $0 |
| Investment income | $2,098 |
| 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 | $3,366,767 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $600,000 |
| 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. | $107,022 |
| Compensation of current officers, directors, key employees. | $20,291 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $773,894 |
| Pension plan accruals and contributions | $11,530 |
| Other employee benefits | $150,460 |
| Payroll taxes | $67,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $317,333 |
| Advertising and promotion | $2,652 |
| Office expenses | $23,466 |
| Information technology | $271,209 |
| Royalties | $0 |
| Occupancy | $70,484 |
| Travel | $9,422 |
| 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 | $28,594 |
| All other expenses | $3,103 |
| Total functional expenses | $3,208,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,464 |
| Savings and temporary cash investments | $1,844,767 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,534 |
| 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 | $354,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,252,181 |
| Accounts payable and accrued expenses | $102,042 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $443,838 |
| Total liabilities | $545,880 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,469,864 |
| Paid-in or capital surplus, or land, building, or equipment fund | $236,437 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,252,181 |
Grants Awarded
Over the last fiscal year, Eastern Shore Regional Library Inc has awarded $600,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SOMERSET COUNTY LIBRARY PURPOSE: SERVICE ENHANCEMENT | $75,000 |
Easton, MD PURPOSE: SERVICE ENHANCEMENT | $75,000 |
KENT COUNTY LIBRARY PURPOSE: SERVICE ENHANCEMENT | $75,000 |
Denton, MD PURPOSE: SERVICE ENHANCEMENT | $75,000 |
Centreville, MD PURPOSE: SERVICE ENHANCEMENT | $75,000 |
Cambridge, MD PURPOSE: SERVICE ENHANCEMENT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Queen Annes County Free Library Centreville, MD | $3,534,978 | $5,055,509 |
Eastern Shore Regional Library Inc Salisbury, MD | $2,252,181 | $3,366,767 |
Bethlehem Area Public Library Bethlehem, PA | $2,187,158 | $3,094,855 |
Franklin County Library System Chambersburg, PA | $1,706,227 | $3,129,191 |
Rockingham Library Association Harrisonburg, VA | $9,275,406 | $2,755,751 |
Allegany County Library Cumberland, MD | $9,347,063 | $4,796,279 |
Luzerne County Library System Wilkesbarre, PA | $242,178 | $2,036,246 |
Altoona Area Public Library Altoona, PA | $2,980,766 | $2,595,800 |
Easton Area Public Library Easton, PA | $3,196,974 | $2,340,493 |
Talbot County Free Library Association Incorporated Easton, MD | $994,962 | $2,019,680 |
Lancaster Public Library Lancaster, PA | $9,027,517 | $3,183,372 |
Wissahickon Valley Public Library Blue Bell, PA | $7,205,487 | $1,924,736 |