2024-01-30T13:38:08-06:00 2023-06-30 272562250 BAILEY SCARANO LLC 1224 MAIN STREET BRANFORD CT 06405 990 2022-07-01 060726490 EC SCRANTON LIBRARY ECSC 2032457365 801 BOSTON POST ROAD MADISON CT 06443 NICOLE WILES PRESIDENT 2032457365 2024-01-29 1 NICOLE WILES 999009999 0 STEVEN M MOALLI CPA P01321875 2034811120 2024-01-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NICOLE WILES 116 BLINNSHED ROAD MADISON CT 06443 2317583 0 X WWW.SCRANTONLIBRARY.ORG X 1901 CT TO FULFILL THE LIFETIME LEARNING, INFORMATION, CULTURAL ENRICHMENT AND ENJOYMENT NEEDS OF MADISON'S ADULTS, TEENS AND CHILDREN. 16 16 34 32 0 0 1927711 2121318 2412 6996 246460 189269 -27474 -15811 2149109 2301772 0 0 0 0 1206805 948539 0 0 1812 916903 1004999 2123708 1953538 25401 348234 18260943 18505488 437291 149274 17823652 18356214 TO FULFILL THE LIFETIME LEARNING, INFORMATION, CULTURAL ENRICHMENT AND ENJOYMENT NEEDS OF MADISON'S ADULTS, TEENS AND CHILDREN. 0 0 1413799 196264 THE EXEMPT PURPOSE ACHIEVEMENTS OF THE E.C. SCRANTON LIBRARY ARE TO FULFILL THE LIFETIME LEARNING, INFORMATION, CULTURAL ENRICHMENT AND ENJOYMENT NEEDS OF MADISON'S ADULTS, TEENS AND CHILDREN IN A COMFORTABLE AND INVITING COMMUNITY SETTING WITH ASSISTANCE OF KNOWLEDGEABLE AND HELPFUL STAFF AND VOLUNTEERS. 1413799 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CT X KARI CASTELLI 2032457365 801 BOSTON POST ROAD MADISON CT 06443 NICOLE WILES PRESIDENT 1.00 X X 0 0 0 KEITH LUCKENBACH VICE PRESIDENT 1.00 X X 0 0 0 RICHARD DAVIS TREASURER 1.00 X X 0 0 0 DOREEN SHIRLEY SECRETARY 1.00 X X 0 0 0 CHRISTINE BEIRNE TRUSTEE 1.00 X 0 0 0 BARBRA BUCKLEY TRUSTEE 1.00 X 0 0 0 MICHELE FLYNN TRUSTEE 1.00 X 0 0 0 NANCY GAGLIANO TRUSTEE 1.00 X 0 0 0 SARA GREENWOOD TRUSTEE 1.00 X 0 0 0 FRANCIS PULLARO TRUSTEE 1.00 X 0 0 0 CYNTHIA SCHNEIDER TRUSTEE 1.00 X 0 0 0 PAUL SPRAGUE TRUSTEE 1.00 X 0 0 0 WILLIAM STABLEFORD TRUSTEE 1.00 X 0 0 0 TOD VAN KIRK TRUSTEE 1.00 X 0 0 0 JANICE WOLF TRUSTEE 1.00 X 0 0 0 CHIP WALZ TRUSTEE 1.00 X 0 0 0 SARA SCARPA EXECUTIVE DIRECTOR 40.00 X 104229 0 0 104229 0 0 1 0 0 0 0 209545 1459745 452028 6344 2121318 MISCELLANEOUS FEES 519200 6996 6996 6996 51189 51189 138080 0 138080 138080 138080 0 209545 15811 -15811 -15811 2301772 145076 0 35378 104229 93806 10423 792700 508212 284488 -24970 -16760 -8210 76580 51400 25180 16125 16125 34916 31424 3492 18520 11615 6905 3549 3549 516904 465214 51690 26829 26829 REPAIRS AND SERVICES 72087 64878 7209 GRANT EXPENSES 66574 66574 LION AUTOMATION 62092 62092 SUPPLIES AND MISCELLANE 57360 18669 36879 1812 130043 118767 11276 1953538 1413799 537927 1812 562110 721861 4616 200000 17616 18552444 3875211 15111130 14677233 2565471 2904314 0 2080 18260943 18505488 309342 65746 127949 83528 437291 149274 X 15174960 14781503 2648692 3574711 17823652 18356214 18260943 18505488 348234 184328 0 X 0 1 X 1 0 X 1245491 567058 632435 379125 661573 3485682 3268293 9692679 1399097 1548586 2121318 18029973 4513784 10259737 2031532 1927711 2782891 21515655 21515655 75302 54035 29015 29514 51189 239055 4477 2633 699 2412 6996 17217 21771927 0.98820 0.98780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS FEES AND OVERDUE CHARGES - 2018 AMOUNT: $ 4,477. 2019 AMOUNT: $ 2,633. 2020 AMOUNT: $ 699. 2021 AMOUNT: $ 2,412. 2022 AMOUNT: $ 6,996. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2648692 690969 373597 138547 3574711 3438628 -355368 434568 2648692 2584335 581872 650823 378402 3438628 3515928 9170888 201278 10303759 2584335 4448070 2763756 124242 3820140 3515928 0 0 485099 485099 16772596 3184339 13588257 1258117 690872 567245 36632 36632 14677233 X 2501911 184328 15811 200139 2301772 0 2301772 1969349 15811 15811 1953538 0 1953538 PART X, LINE 2: THE LIBRARY IS EXPEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE LIBRARY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THERE IS APPROPRIATE SUPPORT FOR ALL TAX POSITIONS TAKEN. THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE LIBRARY FILES FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IN THE U.S FEDERAL JURISDICTION. THE LIBRARY IS NO LONGER SUBJECT TO U.S FEDERAL INSPECTION FOR THE YEARS BEFORE JUNE 30, 2020. THE LIBRARY FOLLOWS PROVISION OF FASB ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES", AND AS A RESULT, THE LIBRARY DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 15,811. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 15,811. PART V, LINE 4: TRUST NO. 1: THE LIBRARY IS THE INCOME BENEFICIARY OF A TRUST (KNOWN AS TRUST FUND NO. 1) CREATED BY MARY E. SCRANTON ON JULY 9, 1913. THE PROVISIONS OF THE TRUST AGREEMENT REQUIRE THAT THE TRUSTEE IS TO WITHHOLD INCOME SHOULD THE MARKET VALUE OF THE TRUST "PRINCIPAL" FALL BELOW $50,000. FUNDS ARE TO BE USED FOR THE DEVELOPMENT AND EXPANSION OF THE LIBRARY. TRUST NO. 2: THE LIBRARY CREATED A TRUST (KNOWN AS TRUST FUND NO. 2) IN ITS NAME ON OCTOBER 2, 1924. THE PROVISIONS OF THE TRUST AGREEMENT STATE THAT THE INCOME IS PAYABLE TO THE LIBRARY AND THAT BY UNANIMOUS VOTE OF ALL CORPORATE MEMBERS, TRUST "PRINCIPAL" IN EXCESS OF $50,000 MARKET VALUE MAY BE WITHDRAWN BY THE LIBRARY. FUNDS ARE TO BE USED FOR THE DEVELOPMENT AND EXPANSION OF THE LIBRARY. MILLENNIUM FUND: THE LIBRARY BOARD ESTABLISHED THE MILLENNIUM FUND IN 1998 TO BEGIN A MAJOR FUND-RAISING CAMPAIGN TO INCREASE THE FUNDS FOR LIBRARY OPERATIONS. IN AUGUST, 2000, THE MILLENNIUM FUND RECEIVED A $300,000 GRANT FROM BROAD EAVES, INC. HALF OF THE BROAD EAVES GRANT ($150,000) WAS USED FOR REAL PROPERTY ACQUISITION AND DEVELOPMENT AND THE OTHER HALF ($150,000) WAS TRANSFERRED TO TRUST NO. 2. ALL FUNDS RELATED TO THE MILLENIUM FUND WERE CONSIDERED TEMPORARILY RESTRICTED UNTIL THEY ARE USED FOR THE DEVELOPMENT AND EXPANSION OF THE LIBRARY. ANNUAL APPEAL 132642 132642 6312 HEART OF MADISON RAFFLE 32927 32927 7381 3 43976 43976 2118 209545 209545 15811 15811 -15811 FORM 990, PART VI, SECTION B, LINE 11B REQUIRED INFORMATION IS REVIEWED BY A RESPONSIBLE OFFICER AND LIBRARY DIRECTOR PRIOR TO AND AFTER COMPLETION OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EVERY MEMBER OF THE GOVERNING BODY AND THE BOARD OF TRUSTEES ARE REQUIRED TO MONITOR ANY POSSIBLE CONFLICT OF INTEREST OF EVERY OTHER MEMBER OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES, AS A WHOLE, DETERMINES WHETHER THERE IS A CONFLICT OF INTEREST AND DETERMINES ITS RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15A BOARD OF TRUSTEES REVIEWS INDEPENDENTLY PUBLISHED PUBLICLY AVAILABLE DATA WHEN DETERMINING COMPENSATION OF LIBRARY DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE 24/7 ON THE LIBRARY WEBSITE. IN ADDITION, THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC EVERY HOUR THAT THE LIBRARY IS OPEN AT THE PUBLIC INFORMATION/REFERENCE DESK. INDIVIDUAL COPIES ARE PROVIDED FREE OF CHARGE UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED FREE OF CHARGE UPON REQUEST.