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The Petersburg Library Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743090885 ✦ Petersburg, VA ✦ Designated as a 501(c)(3)

Overview

What is The Petersburg Library Foundation Inc?

The Petersburg Library Foundation Inc, based in Petersburg, Virginia, is a dedicated nonprofit organization with a mission to establish and maintain a superior library system in the city. Their efforts focus on providing top-notch facilities and resources, including innovative sources, to enhance educational and cultural opportunities for local residents. The foundation contributes funds towards library construction expenditures, which includes administrative costs and lease payments for the library building, totaling $137,000 annually. With a small team of three employees, the Petersburg Library Foundation is committed to improving the community's access to knowledge and educational resources.


Official website here: www.petersburglibraryfoundation.org

Is The Petersburg Library Foundation Inc legitimate?

The Petersburg Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Petersburg Library Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,882

For more financial information, click here


Official website here: www.petersburglibraryfoundation.org

What is the mission statement of The Petersburg Library Foundation Inc?

The Petersburg Library Foundation's mission is centered around enhancing educational and cultural opportunities for its community. They strive to establish a superior library system, equipped with excellent facilities, and provide high-quality resources and innovative sources. The primary objective is to improve the overall library system to cater to the needs of its citizens. This mission is aimed at enriching the lives of its community members by providing them with enriching educational and cultural experiences. The foundation supports this mission through contributions towards library construction expenditures, lease payments for the library building, and collaborations with various service providers for Construction Administration Expenditures.


Official website here: www.petersburglibraryfoundation.org

Who is the CEO of The Petersburg Library Foundation Inc?

Joy Burroughs is the Treasurer of The Petersburg Library Foundation Inc.


Official website here: www.petersburglibraryfoundation.org

What is the revenue of The Petersburg Library Foundation Inc?

The Petersburg Library Foundation Inc's revenue in 2022 was $562,325.


Official website here: www.petersburglibraryfoundation.org

Who are the executives of The Petersburg Library Foundation Inc and what are their salaries?

The average compensation at The Petersburg Library Foundation Inc during 2022 was $26,627. There are 3 employees and 15 volunteers at The Petersburg Library Foundation Inc.

Here are 14 key members and their salaries:

    Robert C Walker (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann C Taylor (Vice Chairwoman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neila L Gunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne M Crocker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian A Moore (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Muriel Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willis W Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • F Heath Myers Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita Wynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy Burroughs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Belinda S Piercy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kipton Currier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvette G Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brittani C Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.petersburglibraryfoundation.org

    Where can I find the form 990 for The Petersburg Library Foundation Inc?

    The The Petersburg Library Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.petersburglibraryfoundation.org

    Learn more at the official website: www.petersburglibraryfoundation.org

    Mission Statement of The Petersburg Library Foundation Inc

    The Petersburg Library Foundation's mission is centered around ensuring that the city of Petersburg boasts a superior library system. This mission is achieved by providing the city with exceptional facilities and a wealth of quality resources. The foundation further aims to introduce innovative sources to enhance educational and cultural opportunities for the city's inhabitants. In essence, the Petersburg Library Foundation is dedicated to elevating the library system in Petersburg, thereby enriching the educational and cultural experiences of its citizens.

    Impact

    This information is meant to be a general summary of The Petersburg Library Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Petersburg Library Foundation Inc's impact is significant in ensuring that the City of Petersburg has a superior library system with excellent facilities, quality resources, and innovative sources to enhance educational and cultural opportunities for its citizens. This includes contributing to library construction expenditures, administration expenditures to service providers, and lease payments for the library building. Through these efforts, the foundation plays a vital role in supporting educational and cultural enrichment within the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $169,060
  • Gross Receipts: $562,325

    • Assets and Liabilities:
  • Total Assets: $186,458
  • Total Liabilities: $19,635
  • Net Assets: $166,823
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Misc Program Revenue
    Rental Income from Sublet

    Revenue

    $169,060

    Organization Details

    Founding Year

    2002

    Principal Officer

    Joy Burroughs

    Main Address

    PO Box 3435, Petersburg, VA, 23805

    NTEE Category

    Code: B80 - Education

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