Oliver Wolcott Library Inc

“The independent certified public accountant for the oliver wolcott library prepares the annual form 990 on behalf of the organization. A copy of the completed form 990 is provided to the board treasurer and library director for their review and approval before it is filed with the internal revenue service on an annual basis. The board of trustees members also receive a copy of the form 990 for their review during the next board meeting held after the preparation of the annual return.”

“Each year, the organization requires the board members to read and sign the conflict of interest policy document. The signed document is then retained in a file at the library.”

“Pursuant to the requirements of the oliver wolcott library, the board of trustees utilized the following method to review the library director performance and to establish a salary level: 1. The library director reports on the accomplishments of goals set in the beginning of the fiscal year. 2. The library director prepares for the executive committee goals for the new fiscal year. 3. The executive committee discusses the library director's job performance over the past year. 4. The executive committee reviews salary data generated by the connecticut state library for all connecticut full time libraries reporting actual salaries for full time library directors. 5. The executive committee reviews the library director's performance specifically compared to the responsibilities detailed in the library director's job description. 6. Based on these analyses, the executive committee makes a salary recommendation to the full board of trustees. This recommendation is voted during the board meeting.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request. All are retained in a file at the library. All library policies are available on the library's website (https://www.owlibrary.org/policies.aspx)”

“To provide facilities, materials, services and programs that foster lifelong learning and a welcoming environment for community interaction, enhanced by staff dedicated to this vision and possessed of compassion, a cooperative spirit and strong communication and interpersonal skills.”

“Fundraising expenses 61,016 fundraising expenses -61,016”