Nonprofit · EIN 20-0791230
PLACITAS COMMUNITY LIBRARY
Tax-exempt · PLACITAS, NM 87043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $194,696 | $152,696 | $42,000 | $556,945 | $2,450 | $554,495 |
| December 31, 2023 | 990 | $153,101 | $121,967 | $31,134 | $514,570 | $2,075 | $512,495 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $94,099
- Program service revenue
- $75,753
- Investment income
- $24,844
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $52,380
- Salaries, compensation and benefits (total)
- $56,560
- Professional fundraising fees
- $0
- Legal fees
- $5,587
- Accounting fees
- $13,325
- Occupancy
- $26,685
- Program services (functional)
- $110,501
- Management and general (functional)
- $42,195
Balance sheet and other
- Total assets, start of year
- $514,570
- Total assets, end of year
- $556,945
- Total liabilities, end of year
- $2,450
- Net assets, end of year
- $554,495
- Net assets without donor restrictions
- $554,495
- Gross receipts
- $194,696
- Employees
- 2
- Year formed
- 2005
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SETH BETTERLY | SECRETARY Trustee or director | 2 | $0 |
| SUSAN BROWN | DIRECTOR Trustee or director | 2 | $0 |
| DENNIS BUMGARNER | VICE CHARI Trustee or director | 2 | $0 |
| LYNNETTE FIELDS | CHAIR Trustee or director | 20 | $0 |
| JILLIAN J GONZALES | DIRECTOR Trustee or director | 2 | $0 |
| MARGARET A HUBER | TREASURER Trustee or director | 2 | $0 |
| LINDA L HUGHES | DIRECTOR Trustee or director | 2 | $0 |
| JILL KENNEDY | DIRECTOR Trustee or director | 2 | $0 |
| KENDRA LUCERO-MATTEUCCI | DIRECTOR Trustee or director | 2 | $0 |
| KATHRYN MILLER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET HUBER | TREASURER Officer | 20 | $0 |
| LYNETTE FIELDS | BOARD CHAIRPERSON Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 445, PLACITAS, NM 87043-0445
- In care of
- % SUSAN FULLAS
- Principal officer (990 for 2024)
- LYNNETTE FIELDS, 27 CAMINO ALTO, PLACITAS, NM 87043
- Signed the 990
- LYNNETTE FIELDS, CHAIR
- Phone
- (505) 271-1101
- Return prepared by
- FPM & ASSOCIATES LLC
Mission
TO PROVIDE & PROMOTE OPEN AND EQUAL ACCESS TO OUR RESOURCES AND SERVICES IN ORDER TO MEET THE INFORMATIONAL, EDUCATIONAL, TECHNOLOGICAL, AND CULTURAL NEEDS OF OUR DIVERSE COMMUNITY IN A WELCOMING, CONVENIENT, AND RESPONSIVE MANNER.
Program accomplishments
- ARTIST DISPLAY OF LOCAL ART INCLUDING SEVERAL EXHIBITS AND SHOWS.Expenses $17,608 · revenue $19,697
- CHILDREN'S PROGRAMS INCLUDING STORY HOURS AND EDUCATIONAL PROGRAMS ENCOURAGING LITERACYExpenses $5,203 · revenue $2,000
- ADULT READING, LITERACY, AND COMMUNITY BUILDINGExpenses $1,032
- OTHER EXEMPT PURPOSESExpenses $86,658
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0791230
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B70)
- Assets (IRS master file)
- $556,945
- Income (IRS master file)
- $194,696
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $194,696 | $152,696 | $556,945 | IRS |
| 990 | December 2023 | $153,101 | $121,967 | $514,570 | XML |
| 990 | December 2022 | $137,385 | $108,884 | $483,617 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0791230).
Questions about PLACITAS COMMUNITY LIBRARY
- What is the EIN of PLACITAS COMMUNITY LIBRARY?
- The employer identification number (EIN) of PLACITAS COMMUNITY LIBRARY is 20-0791230.
- Is PLACITAS COMMUNITY LIBRARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to PLACITAS COMMUNITY LIBRARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PLACITAS COMMUNITY LIBRARY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PLACITAS COMMUNITY LIBRARY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PLACITAS COMMUNITY LIBRARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PLACITAS COMMUNITY LIBRARY?
- The 990 for the year ended December 31, 2024 names LYNNETTE FIELDS.
- Who are the officers and directors of PLACITAS COMMUNITY LIBRARY?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does PLACITAS COMMUNITY LIBRARY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $194,696, expenses of $152,696 and total assets of $556,945 at year end.
Other nonprofits in PLACITAS
- AMERICAN SOCIETY OF OCULARISTS EIN 95-3200865 · last filed 990 for 2024
- FOLDS OF HONOR FOUNDATION EIN 82-4815735 · last filed 990 for 2025
- PLACITAS ELEMENTARY SCHOOL PTO EIN 39-4640563 · last filed 990-N for 2025
- MOBILITY OPEN BLOCKCHAIN INITIATIVE FOUNDATION EIN 84-4378639 · last filed 990-N for 2022
- PLACITAS ADULT COMMUNITY EDUCATION EIN 82-3449232 · last filed 990-N for 2025
- MOBILITY OPEN BLOCKCHAIN INITIATIVE EIN 82-4876293 · last filed 990 for 2025
- LA MESA WATER COOPERATIVE EIN 85-0377701 · last filed 990 for 2024
- ANASAZI TRAILS WATER COOPERATIVE EIN 43-2011608 · last filed 990 for 2025