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Library Foundation Of Needham Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Libraries (NTEE)

Summary charts: organization finances over time

Revenue
$112k (2023)

Expenses
$88.5k (2023)

Total Assets
$1.78M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$111,644
Expenses
$88,508
Net Income
$23,136
Net Assets
$1,784,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $34,801
31.2%
Program Services $0
Investment Income $31,738
28.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $45,105
40.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,784,968
Total Liabilities $0
Net Assets $1,784,968
Compensation
Key Employees and Officers Compensation Related Other
Melyssa Taylor (Director) $0 $0 $0
Monica Granucci (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Leslie Renzulli (Director) $0 $0 $0
Matt Robinson (Director) $0 $0 $0
Kathy Whitney (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Louise Miller (Director) $0 $0 $0
James Reulbach (Director) $0 $0 $0
Katie Dammann (Clerk) $0 $0 $0
Stephen Shusterman (Treasurer) $0 $0 $0
Beth Hammerstrand (Co President) $0 $0 $0
Joan Smith (Co President) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$122,056
Expenses
$32,780
Net Income
$89,276
Net Assets
$1,652,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,076
32.0%
Program Services $0
Investment Income $30,692
25.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $52,288
42.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,652,876
Total Liabilities $0
Net Assets $1,652,876
Compensation
Key Employees and Officers Compensation Related Other
Melyssa Taylor (Director) $0 $0 $0
Monica Granucci (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Leslie Renzulli (Director) $0 $0 $0
Joe Barnes (Director) $0 $0 $0
Kathy Whitney (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Louise Miller (Director) $0 $0 $0
James Ruelbach (Director) $0 $0 $0
Katie Dammann (Clerk) $0 $0 $0
Stephen Shusterman (Treasurer) $0 $0 $0
Beth Hammerstrand (Co President) $0 $0 $0
Joan Smith (Co President) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$89,124
Expenses
$39,736
Net Income
$49,388
Net Assets
$1,827,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,555
29.8%
Program Services $0
Investment Income $62,569
70.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,827,456
Total Liabilities $0
Net Assets $1,827,456
Compensation
Key Employees and Officers Compensation Related Other
Katie Dammann (Director) $0 $0 $0
Melyssa Taylor (Director) $0 $0 $0
Carol Thomas (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Dhiran Shah (Director) $0 $0 $0
Stephen Shusterman (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Peter Burns (Treasurer) $0 $0 $0
Beth Hammerstrand (Clerk) $0 $0 $0
Joan Smith (President) $0 $0 $0
Janet Drake (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$75,471
Expenses
$59,569
Net Income
$15,902
Net Assets
$1,486,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,922
29.0%
Program Services $0
Investment Income $53,774
71.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$225
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,486,525
Total Liabilities $0
Net Assets $1,486,525
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Hardy (Director) $0 $0 $0
Julie Ogilvie (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Dhiran Shah (Director) $0 $0 $0
Stephen Schusterman (Director) $0 $0 $0
Judy Matterazzo (Director) $0 $0 $0
Peter Burns (Treasurer) $0 $0 $0
Beth Hammerstrand (Clerk) $0 $0 $0
Joan Smith (President) $0 $0 $0
Janet Drake (Past President) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,596
Expenses
$54,896
Net Income
$25,700
Net Assets
$1,508,875
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,680
25.7%
Program Services $0
Investment Income $59,916
74.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,508,875
Total Liabilities $0
Net Assets $1,508,875
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Margie Mearls (Director) $0 $0 $0
Peter Burns (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Dhiran Shah (Director) $0 $0 $0
Stephen Schusterman (Director) $0 $0 $0
Beth Hammerstrand (Director) $0 $0 $0
Judy Matterazzo (Director) $0 $0 $0
Tom Harkins (Trustee) $0 $0 $0
Frada Salo (Treasurer) $0 $0 $0
Julie Ogilvie (Clerk) $0 $0 $0
Joan Smith (Co President) $0 $0 $0
Janet Drake (Co President) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$75,113
Expenses
$46,706
Net Income
$28,407
Net Assets
$1,453,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,242
24.3%
Program Services $0
Investment Income $52,127
69.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,744
6.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,453,251
Total Liabilities $0
Net Assets $1,453,251
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carol Thomas (Director) $0 $0 $0
Robert Begin (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Margie Mearls (Director) $0 $0 $0
Judy Ogilvie (Director) $0 $0 $0
Marcia Mather (Director) $0 $0 $0
Frada Salo (Treasurer) $0 $0 $0
Erin M Doyle (Clerk) $0 $0 $0
Joan Smith (Co President) $0 $0 $0
Janet Drake (Co President) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69,522
Expenses
$43,950
Net Income
$25,572
Net Assets
$1,383,822
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,250
59.3%
Program Services $0
Investment Income $32,498
46.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,226
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,383,822
Total Liabilities $0
Net Assets $1,383,822
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Charlotte Sidell (Director) $0 $0 $0
Robert Begin (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Frada Salo (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Margie Mearls (Director) $0 $0 $0
Joan Smith (Director) $0 $0 $0
Rose Doherty (Director) $0 $0 $0
Marcia Mather (Director) $0 $0 $0
Erin M Doyle (Clerk) $0 $0 $0
Janet Drake (President) $0 $0 $0
Stanley Hitron (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,775
Expenses
$35,764
Net Income
$30,011
Net Assets
$1,257,127
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,850
31.7%
Program Services $0
Investment Income $44,925
68.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,257,127
Total Liabilities $0
Net Assets $1,257,127
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Margaret Pantridge (Director) $0 $0 $0
Robert Begin (Director) $0 $0 $0
Sue Young (Director) $0 $0 $0
Lionel Desrosiers (Director) $0 $0 $0
Kathy D'addesio (Director) $0 $0 $0
Lisa Vergara (Director) $0 $0 $0
Doug Donaldson (Director) $0 $0 $0
Stan Hitron (Director) $0 $0 $0
Erin Doyle (Director) $0 $0 $0
Stuart Myers (Director) $0 $0 $0
Char Sidell (Clerk) $0 $0 $0
Janet Drake (President) $0 $0 $0
Susan Spence (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264,322
Expenses
$99,266
Net Income
$165,056
Net Assets
$1,236,855
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,143
7.2%
Program Services $0
Investment Income $27,960
10.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $217,219
82.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,236,855
Total Liabilities $0
Net Assets $1,236,855
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Arm (Past President) $0 $0 $0
Robert Begin (Director) $0 $0 $0
Melinda Young (Director) $0 $0 $0
Lionel Desrosiers (Director) $0 $0 $0
Earl Adreani (Director) $0 $0 $0
Lisa Vergara (Director) $0 $0 $0
Maureen Callahan (Director) $0 $0 $0
Doug Donaldson (Director) $0 $0 $0
Rick Hardy (Director) $0 $0 $0
Janet Drake (President) $0 $0 $0
Susan Spence (Treasurer) $0 $0 $0
Charlotte Sidell (Clerk) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,529
Expenses
$15,630
Net Income
$21,899
Net Assets
$1,270,080
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,227
45.9%
Program Services $0
Investment Income $20,302
54.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,270,080
Total Liabilities $0
Net Assets $1,270,080
Compensation
Key Employees and Officers Compensation Related Other
Megan Bourque (Director) $0 $0 $0
Janet Drake (Director) $0 $0 $0
Katheryn D'addesio (Director) $0 $0 $0
Craig Geddes (Director) $0 $0 $0
Adrienne Smith (Director) $0 $0 $0
Lois Bacon (Director) $0 $0 $0
Robert Begin (Director) $0 $0 $0
Melinda Young (Director) $0 $0 $0
Lionel Desrosiers (Director) $0 $0 $0
Earl Adreani (Director) $0 $0 $0
Lisa Vergara (Director) $0 $0 $0
Lisa Arm (President) $0 $0 $0
Charlotte Sidell (Clerk) $0 $0 $0
Susan Spence (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$154,100
Expenses
$19,070
Net Income
$135,030
Net Assets
$1,097,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $111,755
72.5%
Program Services $0
Investment Income $19,042
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $20,246
13.1%
Sales of Assets $3,057
2.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,097,044
Total Liabilities $0
Net Assets $1,097,044

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$74,270
Expenses
$31,457
Net Income
$42,813
Net Assets
$867,803
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,861
55.0%
Program Services $0
Investment Income $23,588
31.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $18,931
25.5%
Sales of Assets -$9,110
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $867,803
Total Liabilities $0
Net Assets $867,803

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$88,050
Expenses
$27,200
Net Income
$60,850
Net Assets
$840,593
Notable Sources of Revenue Percent of Total Revenue
Contributions $31,605
35.9%
Program Services $0
Investment Income $24,259
27.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $32,186
36.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $840,593
Total Liabilities $0
Net Assets $840,593

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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