Petersburg Library Foundation, Inc.
Petersburg Library Foundation, Inc.
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About this organization
Mission
The Foundation's mission is "to ensure that the City of Petersburg has a superior library system with excellent facilities and to provide quality resources and innovative sources to enhance education and cultural opportunities for its citizens."
About
This program includes contributions made to PPL, Development Co, Inc. for library Construction Expenditures. This includes signage for the library as well as remaining Construction Administration Expenditures to the various service providers. Also, the lease payments for the library building are included in this program expenditure. The annual lease payments total $ 93,000 per year and are paid to PPL Development Co. Inc.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “The mission of the petersburg library foundation is to ensure that the city of petersburg has a superior library system having excellent facilities and providing quality resources and innovative sources to enhance educational and cultural opportunities for its citizens.”.
When referring to its actions, they were described as: “The mission of the petersburg library foundation is to ensure that the city of petersburg has a superior library system having excellent facilities and providing quality resources and innovative sources to enhance educational and cultural opportunities for its citizens.”.
- According to the law, the state of operation reported by the non-profit is VA.
- As per the filing, the address of the non-profit for 2020 is PO Box 3435, Petersburg, VA, 23805.
- According to their form, the non-profit as of 2020 has a total of 2 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $430,462.
- The CEO's salary plan within the organization is not subject to review and endorsement by a neutral party.
- The organization has 11 independent voting members.
- The organization was formed in 2002.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $87,032 in salary, compensation, and benefits to its employees.
- The organization pays $15,760 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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