Rockingham Library Association
- Assets
- $9.5m
- Revenue
- $3.0m
- Investments
- $1.6m
- Employees
- 62
- Location
- Harrisonburg, VA
- Founding
- 01/1952
- Data as of
- 06/2023
- EIN
- 54-0548703
Organization Overview
Rockingham Library Association, operating under the name Massanutten Regional Library, is located in Harrisonburg, VA. The organization was established in 1952. As of 06/2023, Massanutten Regional Library employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massanutten Regional Library 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 06/2023, Massanutten Regional Library generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.7m during the year ending 06/2023. While expenses have increased by 3.4% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE COMMUNITY WITH A COURTEOUS, WELL-TRAINED STAFF AND A COMPREHENSIVE AND BALANCED COLLECTION OF MATERIALS, PROGRAMS, AND TECHNOLOGY IN A SAFE AND WELCOMING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATION TECHNOLOGY - MRL PROVIDED 4,727 FREE WI-FI USER SESSIONS AT ALL LOCATIONS. MRL PROVIDED 9,802 COMPUTER USER SESSIONS TO PATRONS THROUGH OUR PUBLIC ACCESS COMPUTERS.
COLLECTION DEVELOPMENT & CIRCULATION - MRL ADDED 17,052 ITEMS TO OUR COLLECTION INCLUDING THE FOLLOWING: AUDIO CDS - 299, BOOKS - 11,789, DVDS - 669, E BOOKS - 251, E AUDIO BOOKS - 438, MAGAZINES - 2,738, REFERENCE MATERIALS - 319, VARIOUS OTHER MATERIALS - 549. MRL ADDED FINANCIALFIT, AN ONLINE FINANCIAL LITERACY DATABASE, AND HAS PARTNERED WITH A LOCAL NON-PROFIT TO PROVIDE A CAMPING GEAR LIBRARY AVAILABLE FOR CHECK OUT.
READING PROGRAMS & EVENTS - LIBRARY MATERIALS, SERVICES AND PROGRAMS ARE PROVIDED TO THE CITY OF HARRISONBURG, AND PAGE AND ROCKINGHAM COUNTIES THROUGH A NETWORK OF SEVEN PUBLIC SERVICE LOCATIONS AND THE MRL'S WEBSITE. IN FY 23, MRL TALLIED 217,482 VISITS AND CIRCULATED OVER 705,637 ITEMS. MRL HOSTED 2,064 PROGRAMS THAT WERE ATTENDED BY 44,283 PEOPLE. MRL ISSUED OR RENEWED 8,855 LIBRARY CARDS AND ANSWERED 25,857 REFERENCE QUESTIONS. MRL HAS CONTINUED THE PRESCRIPTION FOR READING PROGRAM WORKING WITH A GROUP OF AREA PEDIATRICIANS TO PROVIDE BOOKS AND READING MATERIALS FOR BABIES AND THEIR PARENTS. THESE ITEMS ARE DISTRIBUTED DURING BABY WELLNESS VISITS. MRL ALSO PARTICIPATES IN A "1,000 THINGS BEFORE KINDERGARTEN" PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Thomas President | OfficerTrustee | 2 | $0 |
Austin Sachs Treasurer | OfficerTrustee | 2 | $0 |
Wendy Bundy Secretary | OfficerTrustee | 2 | $0 |
Alan Shelton Vice President | OfficerTrustee | 2 | $0 |
Stacey Bowers Trustee | Trustee | 2 | $0 |
Deanna Reed Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,593,758 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,545 |
| Noncash contributions included in lines 1a–1f | $83,721 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,835,303 |
| Total Program Service Revenue | $77,883 |
| Investment income | $73,297 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,653 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,967,830 |
| 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. | $111,273 |
| Compensation of current officers, directors, key employees. | $14,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,167,141 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $80,282 |
| Payroll taxes | $93,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,610 |
| Fees for services: Accounting | $15,899 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,800 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,768 |
| Office expenses | $63,760 |
| Information technology | $120,282 |
| Royalties | $0 |
| Occupancy | $245,133 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $438,314 |
| Insurance | $18,831 |
| All other expenses | $40,653 |
| Total functional expenses | $2,709,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,142 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $287,208 |
| 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 | $80,590 |
| Net Land, buildings, and equipment | $5,519,412 |
| Investments—publicly traded securities | $1,167,972 |
| Investments—other securities | $1,623,292 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $391,388 |
| Total assets | $9,457,004 |
| Accounts payable and accrued expenses | $122,796 |
| 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 | $296,039 |
| Other liabilities | $43,950 |
| Total liabilities | $462,785 |
| Net assets without donor restrictions | $7,606,038 |
| Net assets with donor restrictions | $1,388,181 |
| 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 | $9,457,004 |