Chase Emerson Memorial Library
- Assets
- $312.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deer Isle, ME
- Founding
- 08/1993
- Data as of
- 12/2023
- EIN
- 01-6013197
Organization Overview
Chase Emerson Memorial Library is located in Deer Isle, ME. The organization was established in 1993. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Chase Emerson Memorial 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 12/2023, Chase Emerson Memorial Library generated $140.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $76.4k during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
FOUNDED IN 1929, OUR MISSISON IS TO ENHANCE THE QUALITY OF LIFE IN THE COMMUNITY BY PROMOTING A LOVE OF LEARNING THROUGH MEDIA AS WELL AS LIVE PROGRAMS TO INSTRUCT, EDUCATE, INSPIRE, DELIGHT AND AMUSE. WE FULFILL THIS MISSION BY LOANING BOOKS AND OTHER MEDIA; PROVIDING FREE INTERNET ACCESS THAT REACHES OUTSIDE THE LIBRARY; AND BEING A COMMUNAL SPACE FOR PEOPLE TO WORK, STUDY, AND CONNECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oriana Wuerth President | 3 | $0 | |
Stuart Kestenbaum Vice Preside | 3 | $0 | |
Jenni Steele Treasurer | 1.5 | $0 | |
Cindi Eaton Secretary | 1 | $0 | |
Shannon Corliss Trustee/dire | 0.25 | $0 | |
Deborah DE Witt Trustee/dire | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,205 |
| Total Program Service Revenue | $1,470 |
| Membership dues | $0 |
| Investment income | $954 |
| Gain or Loss | $8,307 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,936 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,183 |
| Professional fees and other payments to independent contractors | $5,322 |
| Occupancy, rent, utilities, and maintenance | $7,658 |
| Printing, publications, postage, and shipping | $2,072 |
| Other expenses | $25,154 |
| Total expenses | $76,389 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,245 |
| Other assets | $0 |
| Total assets | $312,747 |
| Total liabilities | $7,461 |
| Net assets or fund balances | $305,286 |