Pequot Library Association

“Any person who shall make an appropriate annual contribution shall be a member.”

“Members elect the library's officers and members of the board of trustees at the annual meeting.”

“A detailed review of the 990 is performed by the executive director, the board president and treasurer prior to being e-mailed to the board of trustees for their review prior to filing”

“Board members are required to fill out conflict of interest statements annually and are reviewed and monitored yearly at a board meeting”

“The executive committee of the full board of trustees, which also acts as the compensation committee, has the responsibility to annually review and approve the president, officers and key employees compensation, which process and approval is documented. The committee reviews comparable compensation from similar area not-for-profit organizations.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“Professional fees: program service expenses 18,161. Management and general expenses 73,942. Fundraising expenses 50,193. Total expenses 142,296. Contract labor: program service expenses 47,479. Management and general expenses 1,045. Fundraising expenses 25,590. Total expenses 74,114.”

“Maintenance contracts: program service expenses 29,252. Management and general expenses 6,099. Fundraising expenses 15,279. Total expenses 50,630. Postage & shipping: program service expenses 31,551. Management and general expenses 3,911. Fundraising expenses 13,029. Total expenses 48,491. Library automation services: program service expenses 16,605. Management and general expenses 2,542. Fundraising expenses 12,883. Total expenses 32,030. Printing and publications: program service expenses 9,751. Management and general expenses 1,697. Fundraising expenses 5,669. Total expenses 17,117. Equipment rental: program service expenses 6,271. Management and general expenses 1,253. Fundraising expenses 3,139. Total expenses 10,663. Dues and subscriptions: program service expenses 2,823. Management and general expenses 552. Fundraising expenses 5,043. Total expenses 8,418. Miscellaneous: program service expenses 3,306. Management and general expenses 514. Fundraising expenses 2,798. Total expenses 6,618. Storage: program service expenses 4,775. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,775. Telephone: program service expenses 2,174. Management and general expenses 453. Fundraising expenses 1,135. Total expenses 3,762.”

“Special event expenses netted against revenues on page 1 58,354.”