Civic Intelligence

Lubec Memorial Library

990 • Fiscal year 2024 • EIN 01-0284221

Jan 01, 2024 to Dec 31, 2024 • Filed on Jun 18, 2025

55 Water StreetLubec, ME 04652

(207) 733-2491

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

51st percentile

4.7%

Faster asset growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-52%

Faster revenue growth than 5% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,595,077

Up $116,299 (+4.7%) from 2023

Net Assets

Up

$2,595,077

Up $116,299 (+4.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$206,391

Down $219,711 (-52%) from 2023

Expenses

Up

$128,193

Up $31,478 (+33%) from 2023

Net Income

Down

$78,198

Down $251,189 (-76%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $987,201Liabilities 2011: $0Net Assets 2011: $987,2012011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $1,122,151Liabilities 2013: $0Net Assets 2013: $1,122,1512013Assets 2014: $1,186,075Liabilities 2014: $0Net Assets 2014: $1,186,0752014Assets 2015: $1,161,290Liabilities 2015: $0Net Assets 2015: $1,161,2902015Assets 2016: $1,204,591Liabilities 2016: $0Net Assets 2016: $1,204,5912016Assets 2017: $1,194,982Liabilities 2017: $0Net Assets 2017: $1,194,9822017Assets 2018: $976,283Liabilities 2018: $0Net Assets 2018: $976,2832018Assets 2019: $977,233Liabilities 2019: $0Net Assets 2019: $977,2332019Assets 2020: $1,318,776Liabilities 2020: $0Net Assets 2020: $1,318,7762020Assets 2021: $1,479,485Liabilities 2021: $0Net Assets 2021: $1,479,4852021Assets 2022: $2,092,559Liabilities 2022: $481Net Assets 2022: $2,092,0782022Assets 2023: $2,478,778Liabilities 2023: $0Net Assets 2023: $2,478,7782023Assets 2024: $2,595,077Liabilities 2024: $0Net Assets 2024: $2,595,0772024

Highlighted filing

2024

Assets$2,595,077
Liabilities$0
Net Assets$2,595,077

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $56,854Expenses 2011: $67,251Net Income 2011: -$10,3972011Revenue 2012: $74,252Expenses 2012: $41,602Net Income 2012: $32,6502012Revenue 2013: $130,801Expenses 2013: $47,328Net Income 2013: $83,4732013Revenue 2014: $75,280Expenses 2014: $68,312Net Income 2014: $6,9682014Revenue 2015: $47,141Expenses 2015: $46,519Net Income 2015: $6222015Revenue 2016: $52,407Expenses 2016: $51,695Net Income 2016: $7122016Revenue 2017: $52,670Expenses 2017: $46,545Net Income 2017: $6,1252017Revenue 2018: $59,554Expenses 2018: $77,828Net Income 2018: -$18,2742018Revenue 2019: $113,527Expenses 2019: $60,543Net Income 2019: $52,9842019Revenue 2020: $62,723Expenses 2020: $46,990Net Income 2020: $15,7332020Revenue 2021: $57,998Expenses 2021: $53,343Net Income 2021: $4,6552021Revenue 2022: $263,616Expenses 2022: $87,705Net Income 2022: $175,9112022Revenue 2023: $426,102Expenses 2023: $96,715Net Income 2023: $329,3872023Revenue 2024: $206,391Expenses 2024: $128,193Net Income 2024: $78,1982024

Highlighted filing

2024

Revenue$206,391
Expenses$128,193
Net Income$78,198
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 18, 2025
Return Version
2024v5.0
Gross Receipts
$206,391
Mission and Program Overview

Mission

The Lubec Memorial Library's primary mission is to provide books, technology and programming which encourage learning, reading and community involvement for citizens of all ages in Lubec and the surround communities.

The lubec memorial library's primary mission is to provide books, technology and programming which encourage learning, reading and community involvement fot the citizens of all ages in lubec and the surrounding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,208,261$1,657,121▲ $448,860
Land, Buildings, and Equipment, Net$599,748$587,680▼ $12,068
Inventories for Sale or Use$285,640$285,640→ $0
Cash and Non-Interest-Bearing Accounts$57,174$50,810▼ $6,364
Savings and Temporary Cash Investments$327,955$13,826▼ $314,129
Total Assets$2,478,778$2,595,077▲ $116,299
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,280,489$2,595,077▲ $314,588
Net Assets With Donor Restrictions$198,289--
Total Net Assets Fund Balance$2,478,778$2,595,077▲ $116,299
Total Liabilities and Net Assets / Fund Balance$2,478,778$2,595,077▲ $116,299

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$573,776$181,213$754,989
Land$13,904-$13,904

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$118,003-▲ $14,473-$131,430
2022$136,010-▼ $16,943-$118,003
2021$113,321$1,465▲ $22,274-$136,010
2020$98,999-▲ $15,140-$113,321
Compensation and Service Providers

Board Members and Trustees

NameTitle
Katherine JansPresident
Cookie ReppBoard Member
Diane BaucomBoard Member
Emily KnightBoard Member
Jeanne DrewsBoard Member
Jerry GrubelBoard Member
Karen MaginnBoard Member
Lauren QuirkBoard Member
Mary Ellen StacyBoard Member
Stephanie HigginsBoard Member
Veronica WrightBoard Member
Janet HoughSecretary
Sarah WilcoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,169
Program Service Revenue
$24,044
Investment Income
$137,178
Other Revenue
$0
All Other Contributions
$37,269
Change in Net Assets
$78,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,119
Salaries, Compensation, and Employee Benefits$43,074
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,013--$40,013
Depreciation Depletion$23,960--$23,960
Fees for Service Investment Mgmnt Fees-$13,524-$13,524
All Other Expenses$11,330--$11,330
Insurance$6,266--$6,266
Other Expenses$5,575--$5,575
Payroll Taxes$3,061--$3,061
Office Expenses$1,938--$1,938
Fees for Services Accounting-$1,500-$1,500
Advertising$84--$84
Total Functional Expenses$113,169$15,024$0$128,193
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors has developed a more comprehensive process for the review of form 990 prior to submission. At the board meeting prior to the deadline of the submission of the form 990, directors are asked if they would like to receive a copy of the completed form 990 prior to its submission. After the form 990 is completed, the completed form 990 is sent to the officers of the board and the finance committee electronically. In addition, the board members who expressed an interest in seeing the form 990 prior to submission are sent a copy. A deadline is given for feedback about the form and the form 990 is submitted after the feedback period has ended and prior to the form's deadline.

Form 990, Page 6, Part VI, Line 12C

At the annual meeting of the board of directors, the conflict of interest policy is reviewed by the board as a group. Individual board members sign a form annually which indicates whether or not they have a conflict of interest. If a possible conflict is identified at any point during the year, the personnel committee decides what action is taken. Actions can range from "no action needed" to "termination from the board" depending upon the particular circumstances. Conflict of interest is also reviewed and emphasized at the initial orientation meeting for new board members.

Form 990, Page 6, Part VI, Line 15B

The staff members of the library are all part-time and paid on an hourly rate rather than a salary. When hired, a staff member's hourly rate is determined by the applicant's prior experience, education and years previously worked in such a position. After initial hiring, staff members get an annual raise of the amount of the cola (cost of living adjustment) for the year, beginning january 1 of the year.

Form 990, Page 6, Part VI, Line 18

The library board of directors holds an annual community meeting to review the year with community members. The meeting is publicized in the local paper and community information sites. During the meeting, any new or revised library policy, programming, staffing and procedures are discussed. Documents such as the form 990, new policies and other items are distributed to attendees as requested. Apart from the annual community meeting, signs are posted trhoughout the library encouraging patrons to ask questions and seek assistance from the library.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Lubec Memorial Library
EIN
01-0284221
Phone
2077332491
Address
55 WATER STREET, LUBEC, ME 04652

Signing Officer

Name
Sarah Wilcox
Title
Treasurer
Phone
2077332491
Signed
2025-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Wilcox
Formed
1996
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
The Swanson Group LLC
Address
838 MAIN STREET, WESTBROOK, ME 04092-2847
Preparer
Games Nakami Ea
Phone
2073703490
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The lubec memorial library's primary mission is to provide books, technology and programming which encourage learning, reading and community involvement fot the citizens of all ages in lubec and the surrounding communities.

Form 990, Page 2, Part III, Line 4D

The lubec memorial library's primary mission is to provide books,technology and programming which encourage learning, reading and communityinvolvement fot the citizens of all ages in lubec and the surrounding communities.

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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0104674
IRS990/NetUnrlzdGainsLossesInvstAmt038101
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02280489
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02595077
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1BOOKS
IRS990/OtherExpensesGrp/Desc2FACILITIES AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc3JANITOR
IRS990/OtherExpensesGrp/ProgramServicesAmt07673
IRS990/OtherExpensesGrp/ProgramServicesAmt16849
IRS990/OtherExpensesGrp/ProgramServicesAmt26420
IRS990/OtherExpensesGrp/ProgramServicesAmt35575
IRS990/OtherExpensesGrp/TotalAmt07673
IRS990/OtherExpensesGrp/TotalAmt16849
IRS990/OtherExpensesGrp/TotalAmt26420
IRS990/OtherExpensesGrp/TotalAmt35575
IRS990/OtherInd0X
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040013
IRS990/OtherSalariesAndWagesGrp/TotalAmt040013
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt03061
IRS990/PayrollTaxesGrp/TotalAmt03061
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SARAH WILCOX
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ERC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015062
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18982
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE LUBEC MEMORIAL LIBRARY'S PRIMARY MISSION IS TO PROVIDE BOOKS,TECHNOLOGY AND PROGRAMMING WHICH ENCOURAGE LEARNING, READING AND COMMUNITYINVOLVEMENT FOT THE CITIZENS OF ALL AGES IN LUBEC AND THE SURROUNDING COMMUNITIES.
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherRevenueAmt011933
IRS990/PYProgramServiceRevenueAmt015934
IRS990/PYRevenuesLessExpensesAmt0329387
IRS990/PYSalariesCompEmpBnftPaidAmt035242
IRS990/PYTotalExpensesAmt096715
IRS990/PYTotalRevenueAmt0426102
IRS990/ReconcilationRevenueExpnssAmt078198
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt024044
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327955
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013826
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt025,060
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE LIBRARY IS A NON-PROFIT ORGANIZATION WITH 501(C)(3) STATUS. IT IS PRIMARILY FUNDED BY DONATIONS FROM THE PUBLIC AS WELL AS OCCASIONAL GRANTS FROM FOUNDATIONS. STATE FUNDING THROUGH THE STATE OF MAINE LIBRARY SYSTEM IS AVAILABLE WHEN FEDERAL MONEY GOES TO THE STATE AGENCY FOR DISTRIBUTION. IN ADDITION, THE TOWN OF LUBEC PROVIDES A SMALL AMOUNT OF MONEY. THE FINAL SOURCE OF FUNDS IS INTEREST FROM INVESTMENTS THAT WERE SET UP WHEN THE LIBRARY WAS CREATED AND WHEN A LIBRARY BUIDING WAS CONSTRUCTED. THE PUBLIC IS THE PRIMARY FUNDING SOURCE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045169
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0331116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0211863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt036137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0656704
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt032504
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09662
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09812
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt074644
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt039978
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt017797
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07263
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025060
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85990
IRS990ScheduleA/PublicSupportPY170Pct00.87400
IRS990ScheduleA/PublicSupportTotal170Amt0665104
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt04400
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt04000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt08400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045169
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0331116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0211863
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt040537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt036419
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0665104
IRS990ScheduleA/TotalSupportAmt0773472
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt08027
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0637
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt08664
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01046
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0118003
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0131430
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt014473
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01064
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0136010
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0118003
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-16943
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01050
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0113321
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01465
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0136010
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022274
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0818
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt098999
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0113321
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015140
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/LandGrp/BookValueAmt013904
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013904
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0573776
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0181213
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0754989
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0587680
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LUBEC MEMORIAL LIBRARY'S PRIMARY MISSION IS TO PROVIDE BOOKS, TECHNOLOGY AND PROGRAMMING WHICH ENCOURAGE LEARNING, READING AND COMMUNITY INVOLVEMENT FOT THE CITIZENS OF ALL AGES IN LUBEC AND THE SURROUNDING COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LUBEC MEMORIAL LIBRARY'S PRIMARY MISSION IS TO PROVIDE BOOKS,TECHNOLOGY AND PROGRAMMING WHICH ENCOURAGE LEARNING, READING AND COMMUNITYINVOLVEMENT FOT THE CITIZENS OF ALL AGES IN LUBEC AND THE SURROUNDING COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS HAS DEVELOPED A MORE COMPREHENSIVE PROCESS FOR THE REVIEW OF FORM 990 PRIOR TO SUBMISSION. AT THE BOARD MEETING PRIOR TO THE DEADLINE OF THE SUBMISSION OF THE FORM 990, DIRECTORS ARE ASKED IF THEY WOULD LIKE TO RECEIVE A COPY OF THE COMPLETED FORM 990 PRIOR TO ITS SUBMISSION. AFTER THE FORM 990 IS COMPLETED, THE COMPLETED FORM 990 IS SENT TO THE OFFICERS OF THE BOARD AND THE FINANCE COMMITTEE ELECTRONICALLY. IN ADDITION, THE BOARD MEMBERS WHO EXPRESSED AN INTEREST IN SEEING THE FORM 990 PRIOR TO SUBMISSION ARE SENT A COPY. A DEADLINE IS GIVEN FOR FEEDBACK ABOUT THE FORM AND THE FORM 990 IS SUBMITTED AFTER THE FEEDBACK PERIOD HAS ENDED AND PRIOR TO THE FORM'S DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD AS A GROUP. INDIVIDUAL BOARD MEMBERS SIGN A FORM ANNUALLY WHICH INDICATES WHETHER OR NOT THEY HAVE A CONFLICT OF INTEREST. IF A POSSIBLE CONFLICT IS IDENTIFIED AT ANY POINT DURING THE YEAR, THE PERSONNEL COMMITTEE DECIDES WHAT ACTION IS TAKEN. ACTIONS CAN RANGE FROM "NO ACTION NEEDED" TO "TERMINATION FROM THE BOARD" DEPENDING UPON THE PARTICULAR CIRCUMSTANCES. CONFLICT OF INTEREST IS ALSO REVIEWED AND EMPHASIZED AT THE INITIAL ORIENTATION MEETING FOR NEW BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE STAFF MEMBERS OF THE LIBRARY ARE ALL PART-TIME AND PAID ON AN HOURLY RATE RATHER THAN A SALARY. WHEN HIRED, A STAFF MEMBER'S HOURLY RATE IS DETERMINED BY THE APPLICANT'S PRIOR EXPERIENCE, EDUCATION AND YEARS PREVIOUSLY WORKED IN SUCH A POSITION. AFTER INITIAL HIRING, STAFF MEMBERS GET AN ANNUAL RAISE OF THE AMOUNT OF THE COLA (COST OF LIVING ADJUSTMENT) FOR THE YEAR, BEGINNING JANUARY 1 OF THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LIBRARY BOARD OF DIRECTORS HOLDS AN ANNUAL COMMUNITY MEETING TO REVIEW THE YEAR WITH COMMUNITY MEMBERS. THE MEETING IS PUBLICIZED IN THE LOCAL PAPER AND COMMUNITY INFORMATION SITES. DURING THE MEETING, ANY NEW OR REVISED LIBRARY POLICY, PROGRAMMING, STAFFING AND PROCEDURES ARE DISCUSSED. DOCUMENTS SUCH AS THE FORM 990, NEW POLICIES AND OTHER ITEMS ARE DISTRIBUTED TO ATTENDEES AS REQUESTED. APART FROM THE ANNUAL COMMUNITY MEETING, SIGNS ARE POSTED TRHOUGHOUT THE LIBRARY ENCOURAGING PATRONS TO ASK QUESTIONS AND SEEK ASSISTANCE FROM THE LIBRARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02478778
IRS990/TotalAssetsEOYAmt02595077
IRS990/TotalAssetsGrp/BOYAmt02478778
IRS990/TotalAssetsGrp/EOYAmt02595077
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt045169
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015024
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113169
IRS990/TotalFunctionalExpensesGrp/TotalAmt0128193
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02478778
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02595077
IRS990/TotalProgramServiceExpensesAmt0113169
IRS990/TotalProgramServiceRevenueAmt024044
IRS990/TotalRevenueGrp/ExclusionAmt032504
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0128718

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.21$0.13$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.43$0.10$0.33
2022Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.26$0.09$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.06$0.05$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.00$1.32$0.06$0.05$0.02
2019Summary only. Only limited summary data is available for this year.$0.98$0.00$0.98$0.11$0.06$0.05
2018Summary only. Only limited summary data is available for this year.$0.98$0.00$0.98$0.06$0.08$0.02
2017Summary only. Only limited summary data is available for this year.$1.19$0.00$1.19$0.05$0.05$0.01
2016Summary only. Only limited summary data is available for this year.$1.20$0.00$1.20$0.05$0.05$0.00
2015Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$0.05$0.05$0.00
2014Summary only. Only limited summary data is available for this year.$1.19$0.00$1.19$0.08$0.07$0.01
2013Summary only. Only limited summary data is available for this year.$1.12$0.00$1.12$0.13$0.05$0.08
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.07$0.04$0.03
2011Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$0.06$0.07$0.01