Pinellas Public Library Cooperative Inc
- Assets
- $3.4m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Clearwater, FL
- Founding
- 10/1990
- Data as of
- 09/2021
- EIN
- 59-2994993
Organization Overview
Pinellas Public Library Cooperative Inc is located in Clearwater, FL. The organization was established in 1990. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Pinellas Public Library Cooperative Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinellas Public Library Cooperative 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 09/2021, Pinellas Public Library Cooperative Inc generated $7.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $7.5m during the year ending 09/2021. While expenses have increased by 3.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PPLC PROVIDES LEADERSHIP, RESOURCES, AND OPPORTUNITIES TO ENHANCE THE QUALITY, VALUE, AND AVAILABILITY OF LIBRARY SERVICES TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PINELLAS PUBLIC LIBRARY COOPERATIVE, INC. RECEIVES AND DISBURSES FUNDS FROM COUNTY, LOCAL SOURCES, AND FROM GOVERNMENTAL UNITS TO LOCAL LIBRARIES. SUPPORT TO THE PARTICIPATING LIBRARIES IS MADE IN PROPORTION TO EACH LIBRARY'S EXPENDITURES.
THE PINELLAS TALKING BOOK LIBRARY'S (PTBL) MISSION IS TO ENCOURAGE AND SUPPORT READING BY PROVIDING FREE LIBRARY SERVICES TO RESIDENTS FOR WHOM CONVENTIONAL PRINT IS A BARRIER. THE PTBL IS ADMINISTERED LOCALLY THROUGH THE PINELLAS PUBLIC LIBRARY COOPERATIVE, INC. IT IS A FREE SERVICE TO RESIDENTS OF ALL AGES WHO ARE UNABLE TO READ STANDARD PRINT MATERIAL DUE TO VISUAL, PHYSICAL OR LEARNING DISABILITIES WHETHER PERMANENT OR TEMPORARY. THE PTBL PROVIDES RECORDED, BRAILLE AND LARGE-PRINT BOOKS AND MAGAZINES AS WELL AS A COLLECTION OF DESCRIPTIVE VIDEOS AND PLAYERS.
THE DEAF LITERACY CENTER (DLC) IS A COUNTYWIDE LIBRARY-BASED ADULT LITERACY PROGRAM FOR DEAF AND HARD-OF-HEARING. THIS COMMUNITY PROGRAM IS A SERVICE OF THE PINELLAS PUBLIC LIBRARY COOPERATIVE, INC. WHICH SERVES THE COMMUNITIES IN PINELLAS COUNTY, FLORIDA BY PROVIDING COORDINATED SERVICES FOR MEMBER LIBRARIES. THE DLC PROGRAM BEGAN AS A RESPONSE TO THE NEED TO PROVIDE QUALITY LIBRARY SERVICES TO THE LOCAL DEAF COMMUNITY. THE PROGRAM IS A COUNTYWIDE PROGRAM WITH MULTIPLE SITES THAT PROVIDE BASIC LITERACY AND COMPUTER LITERACY, SIGNED STORYTIMES, SPECIAL WORKSHOPS, SIGN LANGUAGE CLASSES, AND BOOK DISCUSSIONS FOR THE DEAF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Morales Executive Director | Officer | 40 | $109,488 |
Karen L Roth Chair | Trustee | 1 | $0 |
Henry Schubert Secretary/treasurer | Trustee | 1 | $0 |
Doug Lewis Vice Chair | Trustee | 1 | $0 |
Lynn Faimalie Director | Trustee | 1 | $0 |
Chris Moore Director | Trustee | 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 | $18,477 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,477 |
| Total Program Service Revenue | $6,847,876 |
| Investment income | $12,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,159 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,355,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,023 |
| 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. | $109,488 |
| Compensation of current officers, directors, key employees. | $109,488 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $445,983 |
| Pension plan accruals and contributions | $51,390 |
| Other employee benefits | $0 |
| Payroll taxes | $43,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,274 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,618 |
| Fees for services: Other | $666,469 |
| Advertising and promotion | $0 |
| Office expenses | $25,837 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,737 |
| Travel | $2,497 |
| 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 | $5,571,452 |
| Depreciation, depletion, and amortization | $62,655 |
| Insurance | $140,105 |
| All other expenses | $17,860 |
| Total functional expenses | $7,512,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,097,395 |
| Pledges and grants receivable | $0 |
| 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 | $99,762 |
| Net Land, buildings, and equipment | $1,035,472 |
| Investments—publicly traded securities | $1,172,440 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,405,069 |
| Accounts payable and accrued expenses | $186,663 |
| 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 | $0 |
| Total liabilities | $186,663 |
| Net assets without donor restrictions | $2,708,929 |
| Net assets with donor restrictions | $509,477 |
| 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 | $3,405,069 |
Grants Awarded
Over the last fiscal year, Pinellas Public Library Cooperative Inc has awarded $148,507 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST PETE BEACH PUBLIC LIBRARY PURPOSE: Interior enhancements to the building for patrons-new circulation desk,computers,and computer desks. | $131,093 |
ST PETERSBURG LIBRARY SYSTEM PURPOSE: Community Hero of Tommorrow pass through grant from Tampa Bay Lightning for programs and member library. | $17,414 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pinellas Public Library Cooperative Inc has recieved totaling $27.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas Public Library Cooperative Inc Clearwater, FL | $3,405,069 | $7,355,806 |
Fair Count Inc Atlanta, GA | $4,514,857 | $4,335,269 |
Triangle Strategic And Financial Advising For Not-For-Profits Atlanta, GA | $0 | $1,478,314 |
Nonprofits First Inc West Palm Beach, FL | $551,900 | $1,463,933 |
Direct Action And Research Training Miami Shores, FL | $925,467 | $1,809,917 |
Presbyterian Housing Foundation Of Florida Inc St Petersburg, FL | $13,179,570 | $1,686,122 |
University Of South Alabama General Liability Program Mobile, AL | $7,624,499 | $1,430,322 |
Charity Works Inc Clearwater, FL | $79,954 | $464,945 |
Gci Training & Empowerment Center Inc West Palm Beach, FL | $36,526 | $365,326 |
Wesley Woods Inc Atlanta, GA | $465,521 | $417,203 |
Hope Manifest Inc Alabaster, AL | $58,931 | $289,071 |
Central Florida Real Estate Investors Inc Orlando, FL | $728,187 | $226,469 |