Civic Intelligence

Slater Library Corporation

EIN 06-0664193 • 501(c)3 • Jewett City, CT

Profile

PUBLIC LIBRARY

26 Main StreetJewett City, CT 06351
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

8.8%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

63rd percentile

15%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,364,224

Up $110,056 (+8.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$1,364,224

Up $110,056 (+8.8%) from 2024

Revenue

Up

$248,916

Up $33,093 (+15%) from 2024

Expenses

Up

$197,800

Up $6,839 (+3.6%) from 2024

Net Income

Up

$51,116

Up $26,254 (+106%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $481,201Liabilities 2012: $0Net Assets 2012: $481,2012012Assets 2013: $520,678Liabilities 2013: $0Net Assets 2013: $520,6782013Assets 2014: $565,301Liabilities 2014: $0Net Assets 2014: $565,3012014Assets 2015: $562,900Liabilities 2015: $0Net Assets 2015: $562,9002015Assets 2016: $586,991Liabilities 2016: $0Net Assets 2016: $586,9912016Assets 2017: $744,441Liabilities 2017: $0Net Assets 2017: $744,4412017Assets 2018: $789,571Liabilities 2018: $0Net Assets 2018: $789,5712018Assets 2019: $827,799Liabilities 2019: $0Net Assets 2019: $827,7992019Assets 2020: $982,165Liabilities 2020: $0Net Assets 2020: $982,1652020Assets 2021: $1,150,701Liabilities 2021: $0Net Assets 2021: $1,150,7012021Assets 2022: $1,130,660Liabilities 2022: $0Net Assets 2022: $1,130,6602022Assets 2023: $1,207,802Liabilities 2023: $0Net Assets 2023: $1,207,8022023Assets 2024: $1,254,168Liabilities 2024: $0Net Assets 2024: $1,254,1682024Assets 2025: $1,364,224Liabilities 2025: $0Net Assets 2025: $1,364,2242025

Highlighted filing

2025

Assets$1,364,224
Liabilities$0
Net Assets$1,364,224

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2012: $147,079Expenses 2012: $150,880Net Income 2012: -$3,8012012Revenue 2013: $140,661Expenses 2013: $150,265Net Income 2013: -$9,6042013Revenue 2014: $144,354Expenses 2014: $152,684Net Income 2014: -$8,3302014Revenue 2015: $164,607Expenses 2015: $155,218Net Income 2015: $9,3892015Revenue 2016: $154,951Expenses 2016: $151,509Net Income 2016: $3,4422016Revenue 2017: $289,278Expenses 2017: $155,100Net Income 2017: $134,1782017Revenue 2018: $182,789Expenses 2018: $168,499Net Income 2018: $14,2902018Revenue 2019: $163,385Expenses 2019: $180,101Net Income 2019: -$16,7162019Revenue 2020: $310,764Expenses 2020: $163,357Net Income 2020: $147,4072020Revenue 2021: $203,796Expenses 2021: $176,329Net Income 2021: $27,4672021Revenue 2022: $222,427Expenses 2022: $175,254Net Income 2022: $47,1732022Revenue 2023: $193,026Expenses 2023: $177,555Net Income 2023: $15,4712023Revenue 2024: $215,823Expenses 2024: $190,961Net Income 2024: $24,8622024Revenue 2025: $248,916Expenses 2025: $197,800Net Income 2025: $51,1162025

Highlighted filing

2025

Revenue$248,916
Expenses$197,800
Net Income$51,116

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.25$0.20$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.22$0.19$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.19$0.18$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.22$0.18$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.20$0.18$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.31$0.16$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.16$0.18$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.18$0.17$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.29$0.16$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.15$0.15$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.16$0.16$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.14$0.15$0.01
2013Summary only. Only limited summary data is available for this year.$0.52$0.00$0.52$0.14$0.15$0.01
2012Summary only. Only limited summary data is available for this year.$0.48$0.00$0.48$0.15$0.15$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 24, 2026
Return Version
2024v5.0
Gross Receipts
$305,761
Mission and Program Overview

Mission

PUBLIC LIBRARY

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$847,057$943,286▲ $96,229
Land, Buildings, and Equipment, Net$333,677$320,811▼ $12,866
Cash and Non-Interest-Bearing Accounts$25,666$58,614▲ $32,948
Savings and Temporary Cash Investments$43,956$37,029▼ $6,927
Prepaid Expenses and Deferred Charges$3,812$4,484▲ $672
Total Assets$1,254,168$1,364,224▲ $110,056
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,223,839$1,334,520▲ $110,681
Net Assets With Donor Restrictions$30,329$29,704▼ $625
Total Net Assets Fund Balance$1,254,168$1,364,224▲ $110,056
Total Liabilities and Net Assets / Fund Balance$1,254,168$1,364,224▲ $110,056

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$303,980$210,173$514,153
Equipment$16,831$143,731$160,562

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$30,329$6,652-$7,277$29,704
2023$27,893$2,950-$513$30,329
2022$53,025$4,000-$29,132$27,893
2021$42,328$54,346-$43,648$53,025
2020$167,706$25,811-$151,189$42,328
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janice DemiccoChairman
Rosie PayneVice Chairma
Humberto RaposaTrustee
John Haskell SrTrustee
Mary Ann ManningTrustee
Susan ManningTrustee
Marlene LepineCorresponden
Kathrine PetersenRecording Se
Theresa I MadonnaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$166,160
Program Service Revenue
$4,223
Investment Income
$48,636
Other Revenue
$29,897
All Other Contributions
$35,954
Change in Net Assets
$51,116
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$106,243
Other Expenses$91,557
Total Fundraising Expense$2,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$86,850$9,869$1,974$98,693
Depreciation Depletion$18,962--$18,962
Fees for Service Investment Mgmnt Fees-$9,383-$9,383
Payroll Taxes$6,644$755$151$7,550
Fees for Services Accounting-$6,750-$6,750
All Other Expenses$5,272$1,078-$6,350
Insurance$3,881$1,294-$5,175
Other Expenses$3,301--$3,301
Office Expenses$213$2,794-$3,007
Fees for Services Other-$1,497-$1,497
Total Functional Expenses$162,255$33,420$2,125$197,800
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
No
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 2

Susan manning mary ann manning trustee trustee family members

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

A review of the form 990 was performed by the board members prior to their acceptance of the return.

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

The conflicts of interest policy includes board members, employees, and volunteers. Determinations on whether a conflict of interest exists are made and reviewed at the board level. A person who is determined to have a conflict of interest shall not participate in or be permitted to hear the board discussion of the matter except to disclose material facts and to respond to questions.

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

The board solicits comparability data annually for each job title, performance standards, and salaries. The board makes all decisions on pay scale for staff. Raises are given when money is available, based on both standard of living increases and performance.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Slater Library Corporation
EIN
06-0664193
Phone
8603760024
Address
26 MAIN STREET, JEWETT CITY, CT 06351

Signing Officer

Name
Janice Demicco
Title
Chairman
Phone
8603760024
Signed
2026-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janice Demicco
Formed
1884
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
9
Employees
11
Volunteers
5

Preparer

Firm
Halloran & Associates LLC
Address
349 MITCHELL STREET, GROTON, CT 06340
Preparer
Charles J Halloran CPA
Phone
8604058195
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Temporarily restricted funds are available for capital purchases, improvements, and programs. Permanently restricted funds are solely to provide endowment for the library. The earnings of the permanently restricted funds may be used for operations.

Schedule D, Page 3, Part X

The library is exempt from income tax under section 501(c)(3) of the internal revenue code. As such, the library is exempt from state and federal income taxes on income related to its tax exempt purpose. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken and recognize a tax liability (or asset) if the organization has taken an uncertain position that more than likely would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that as of june 30, 2025 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The library is subject to routine audits by taxing authorities, however, there are currently no audits for any tax positions in progress. Management believes the library is no longer subject to income tax examinations for the years prior to 2022.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014564
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt053025
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt043648
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0167706
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IRS990ScheduleD/EquipmentGrp/BookValueAmt016831
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0210173
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.84160
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TEMPORARILY RESTRICTED FUNDS ARE AVAILABLE FOR CAPITAL PURCHASES, IMPROVEMENTS, AND PROGRAMS. PERMANENTLY RESTRICTED FUNDS ARE SOLELY TO PROVIDE ENDOWMENT FOR THE LIBRARY. THE EARNINGS OF THE PERMANENTLY RESTRICTED FUNDS MAY BE USED FOR OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE LIBRARY IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, THE LIBRARY IS EXEMPT FROM STATE AND FEDERAL INCOME TAXES ON INCOME RELATED TO ITS TAX EXEMPT PURPOSE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE LIBRARY IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX POSITIONS IN PROGRESS. MANAGEMENT BELIEVES THE LIBRARY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0320811
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUSAN MANNING MARY ANN MANNING TRUSTEE TRUSTEE FAMILY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A REVIEW OF THE FORM 990 WAS PERFORMED BY THE BOARD MEMBERS PRIOR TO THEIR ACCEPTANCE OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICTS OF INTEREST POLICY INCLUDES BOARD MEMBERS, EMPLOYEES, AND VOLUNTEERS. DETERMINATIONS ON WHETHER A CONFLICT OF INTEREST EXISTS ARE MADE AND REVIEWED AT THE BOARD LEVEL. A PERSON WHO IS DETERMINED TO HAVE A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD SOLICITS COMPARABILITY DATA ANNUALLY FOR EACH JOB TITLE, PERFORMANCE STANDARDS, AND SALARIES. THE BOARD MAKES ALL DECISIONS ON PAY SCALE FOR STAFF. RAISES ARE GIVEN WHEN MONEY IS AVAILABLE, BASED ON BOTH STANDARD OF LIVING INCREASES AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt039 ASHLAND STREET
IRS990/USAddress/CityNm0JEWETT CITY
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANICE DEMICCO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08603760024
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SLATER LIBRARY CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SLAT
ReturnHeader/Filer/EIN0060664193
ReturnHeader/Filer/PhoneNum08603760024
ReturnHeader/Filer/USAddress/AddressLine1Txt026 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0JEWETT CITY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271873199
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HALLORAN & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0349 MITCHELL STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GROTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006340

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