Casco Library Association in Casco, Maine (ME)

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Casco Library Association
Employer Identification Number (EIN)016022468
Name of OrganizationCasco Library Association
AddressPO BOX 420, Casco, ME 04015-0420
ActivitiesLibrary
SubsectionEducational Organization
Ruling Date01/1982
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$264,238
Amount of Income$123,044
Form 990 Revenue Amount$102,311
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Libraries


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Amount of income in 2013: $123,044
This organization: 

 $123,044
Other organizations performing similar types of work: 

 $900,446

Assets in 2013: $264,238
This organization: 

 $264,238
Other organizations performing similar types of work: 

 $2,134,549

Expenses in 2013: $106,454
Casco Library Association: 

 $106,454
Other organizations performing similar types of work: 

 $662,266

Income to expenses ratio in 2013: 1.2
This organization: 

 1.2
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2006: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 84.2%

Number of employees in 2006: 2
Casco Library Association: 

 2
Other organizations performing similar types of work: 

 16

Employees paid over $50,000 in 2006: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 8.8%

Grants share in income in 2013: 74.8%
Casco Library Association: 

 74.8%
Other organizations performing similar types of work: 

 77.0%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20092010201120122013
Total revenue$103,956$105,921$93,604$101,117$102,311
Contributions, gifts, grants, and similar amounts received$77,003$66,200$58,898$71,931$76,574
Program service revenue including government fees and contracts$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0
Investment income$11,564$12,607$11,858$9,448$4,801
Gain/Loss from sale of assets other than inventory$489$7,340$754$71$96
Gross amount from sale of assets other than inventory$489$7,340$32,982$7,500$20,000
Less: cost or other basis and sales expenses$0$0$32,228$7,429$19,904
Net income/loss from gaming and fundraising events$14,900$19,744$22,094$19,667$20,840
Gross income from gaming$0$0$0$0$0
Gross income from fundraising events$14,900$19,744$22,617$20,344$21,669
Less: direct expenses from gaming and fundraising events$0$0$523$677$829
Gross profit/loss from sales of inventory$0$0$0$0$0
Other revenue$0$0$0$0$0
Total expenses$101,871$103,041$104,451$105,939$106,454
Total net assets$274,045$275,733$260,466$261,724$263,690
Excess/Deficit for the year$2,085$2,880$-10,847$-4,822$-4,144
Net assets or fund balances at beginning of year$220,915$274,045$275,733$260,398$261,724
Other changes in net assets or fund balances$51,045$-1,192$-4,420$6,148$6,110
Net assets or fund balances at end of year$261,724$263,690
Balance Sheets
20092010201120122013
Total assets$274,495$276,303$261,036$262,294$264,238
Total liabilities$450$570$570$570$548
Net assets or fund balances$274,045$275,733$260,466$261,724$263,690
Other Information
20092010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0$0$0
Gross receipts for public use of club facilities$0$0$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$436,737
Subtotal Support$447,887
Gifts, grants, contributions, and membership fees received$180,926
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$266,961
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$11,150
Total Support$506,915
Public Support$447,887
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$50,767
Net income from unrelated business activities, whether or not the business is regularly carried on$8,261
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2003200420052006
Total revenue$71,076$64,178$69,204$74,955
Contributions, gifts, grants, and similar amounts received$33,345$40,266$41,955$45,846
Contributions to donor advised funds$0
Direct public support$7,145$9,266$5,955$8,821
Indirect public support$0$0$0$0
Government contributions (grants)$26,200$31,000$36,000$37,025
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Interest on savings and temporary cash investments$120$135$191$275
Dividends and interest from securities$6,686$6,467$7,319$8,787
Net rental income or (loss)$0$0$0$0
Gross rents$0$0$0$0
Less: rental expenses$0$0$0$0
Other investment income$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0
Net income or (loss) from special events and activities$30,925$17,310$19,739$20,047
Gross revenue$33,022$17,310$19,739$20,047
Less: direct expenses other than fundraising expenses$2,097$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0
Less: cost of goods sold$0$0$0$0
Other revenue$0$0$0$0
Total expenses$65,543$72,278$73,811$78,458
Program services$65,543$72,278$73,811$78,458
Management and general$0$0$0$0
Fundraising$0$0$0$0
Payments to affiliates$0$0$0$0
Net assets or fund balances at end of year$304,012$310,717$308,551$320,831
Excess or (deficit) for the year$5,533$-8,100$-4,607$-3,503
Net assets or fund balances at beginning of year$270,842$304,012$310,717$308,551
Other changes in net assets or fund balances$27,637$14,805$2,441$15,783
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$78,458$78,458$0$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$43,900$43,900$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$3,099$3,099$0$0
Payroll taxes$3,358$3,358$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$1,200$1,200$0$0
Telephone$698$698$0$0
Postage and shipping$667$667$0$0
Occupancy$12,120$12,120$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$11,941$11,941$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$1,475$1,475$0$0
Balance Sheets
2003200420052006
Total assets$304,012$310,717$308,551$320,831
Cash - non-interest-bearing$26$26$26$26
Savings and temporary cash investments$34,725$20,104$8,029$15,498
Accounts receivable less allowance for doubtful accounts$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0
Grants receivable$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0
Inventories for sale or use$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0
Investments - other$269,261$290,587$300,496$305,306
Land, buildings, and equipment less accumulated depreciation$0$0$0$0
Other assets, including program-related investments$0$0$0$0
Total liabilities$0$0$0$0
Accounts payable and accrued expenses$0$0$0$0
Grants payable$0$0$0$0
Deferred revenue$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Mortgages and other notes payable$0$0$0$0
Other liabilities$0$0$0$0
Total liabilities and net assets/fund balances$304,012$310,717$308,551$320,831
Total net assets or fund balances$304,012$310,717$308,551$320,831
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2003200420052006
Total revenue$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0
Other expenses$0$0$0$0
Net unrealized gains on investments$0$0$0$0
Donated services and use of facilities$0$0$0$0
Recoveries of prior year grants$0$0$0$0
Other$0$0$0$0
Other revenue$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2003200420052006
Total expenses$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0
Other revenue$0$0$0$0
Donated services and use of facilities$0$0$0$0
Prior year adjustments$0$0$0$0
Losses$0$0$0$0
Other$0$0$0$0
Other expenses$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings9
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20062
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$29,109$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$275$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$8,787$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$20,047$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2002200320042005
Total$50,569$73,173$64,178$69,204
Gifts, grants, and contributions received$12,008$40,167$26,576$25,694
Membership fees received$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$12,611$6,806$6,602$7,510
Net income from unrelated business activities not included above$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$25,950$26,200$31,000$36,000
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0
Other income$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Farmington Public Library Association117 Academy St, Farmington, ME 04938-6815ME1964-01$395,630
2Casco Library AssociationPO BOX 420, Casco, ME 04015-0420ME1982-01$123,044
3Southeast Steuben County Library300 Civic Center Plz, Corning, NY 14830-2846NY2000-09$2,632,011
4Martinsburg Public Library Comm A Corp Created By Ord Of Council101 W King St, Martinsburg, WV 25401-3209WV2009-05$2,402,073
5Village Improvement Assoc Of West Haven300 Elm St, W Haven, CT 06516-4603CT1943-01$1,768,121
6Trustees Of The Free Public Library Of The Township Of Montville90 Horseneck Rd, Montville, NJ 07045-9626NJ1997-09$1,660,386
7Sewickley Public Library Inc500 Thorn St, Sewickley, PA 15143-1533PA1998-01$1,027,841
8The Fletcher Memorial Library IncorporatedPo Box 6, Hampton, CT 06247CT2002-09$270,060
9D A Hurd Public Library Assoc41 High St, North Berwick, ME 03906-6101ME2000-12$225,974
10Hbcu Library Alliance Inc1438 W Peachtree St Nw Ste 200, Atlanta, GA 30309-2955GA2007-06$162,177
11Vista Grande Public Library7 Avenida Vista Grande B-7 192, Santa Fe, NM 87508-9198NM1999-08$155,041
12Friend Memorial Public Library IncPO BOX 57, Brooklin, ME 04616-0057ME1956-03$148,098
13Schoharie Free Library AssociationPO BOX 519, Schoharie, NY 12157-0519NY2000-04$114,223
14Eastport Public Library Association26 Water St, Eastport, ME 04631-1531ME1998-06$93,687
15Walter T A Hansen Memorial Library TrPo Box 1008, Mars Hill, ME 04758ME2001-07$46,255
16Waterford Public Library24 S Park Row, Waterford, PA 16441PA2000-05$34,767
17Western Town LibraryPO BOX 247, Westernville, NY 13486-0247NY1975-05$31,078
18Central Pa Amish Library141 Broad St, Rebersburg, PA 16872-9103PA2009-07$4,544
19American Newspaper Repository30 Liberty St, South Berwick, ME 03908-1602ME1999-12$0
20Palermo Library Guild2789 Route 3 Or Po 102, Palermo, ME 04354ME1998-12$0
Number of organizations performing similar types of work
Alabama1
Arizona3
California5
Colorado1
Connecticut11
Florida6
Georgia1
Idaho1
Illinois2
Indiana3
Kentucky1
Massachusetts13
Maryland4
Maine8
Michigan2
Missouri2
Mississippi1
North Carolina3
New Hampshire2
New Jersey1
New Mexico3
New York30
Ohio4
Oklahoma1
Pennsylvania24
Rhode Island3
South Carolina1
Tennessee1
Texas11
Virginia3
Vermont1
Washington1
West Virginia2
Total156

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