Salem Public Library Memorial Fund Association

Organization Overview

Salem Public Library Memorial Fund Association is located in Salem, OH. The organization was established in 1958. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Public Library Memorial Fund Association 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 12/2021, Salem Public Library Memorial Fund Association generated $108.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $18.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCEMENT OF COMMUNITY, EDUCATION AND RECREATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN THE CARRYING OUT OF EXEMPT PURPOSES, THE BETTERMENT OF THE COMMUNITY WAS ACHIEVED THROUGH THE DISBURSEMENT OF GRANTS TO A QUALIFIED CHARITABLE ORGANIZATION.


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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$2,710
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,710
Total Program Service Revenue$3,727
Investment income $13,459
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $88,315
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $108,211

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