2026-02-21T12:22:13-06:00 2025-06-30 272562250 BAILEY SCARANO LLC 1224 MAIN STREET BRANFORD CT 06405 990 2024-07-01 060726490 EC SCRANTON MEMORIAL LIBRARY ECSC 2032457365 801 BOSTON POST ROAD MADISON CT 06443 KENNETH NOLAN TREASURER 2032457365 2026-02-19 1 1 STEVEN M MOALLI CPA P01321875 2034811120 2026-02-19 2024 2025-03-06 01:10:19Z KENNETH NOLAN 801 BOSTON POST ROAD MADISON CT 06443 2596000 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. 15 15 29 66 0 0 2312410 2328879 7608 8079 145740 259042 -14163 -18669 2451595 2577331 0 0 0 0 1115250 1156128 0 0 0 1036934 1078091 2152184 2234219 299411 343112 19506798 19254493 94044 38326 19412754 19216167 TO FULFILL THE LIFETIME LEARNING, INFORMATION, CULTURAL ENRICHMENT AND ENJOYMENT NEEDS OF MADISON'S ADULTS, TEENS AND CHILDREN. 0 0 1581214 194521 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. 1581214 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 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 28 0 29 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X X KARI CASTELLI 2032457365 801 BOSTON POST ROAD MADISON CT 06443 ANNE HERING DIAS TRUSTEE 1.00 X 0 0 0 CHRISTINE BEIRNE TRUSTEE 1.00 X 0 0 0 CHRISTOPHER RYAN TRUSTEE 1.00 X 0 0 0 CYNTHIA SCHNEIDER VICE PRESIDENT 1.00 X X 0 0 0 DOREEN SHIRLEY SECRETARY 1.00 X X 0 0 0 KEITH LUCKENBACH PRESIDENT 1.00 X X 0 0 0 KENNETH NOLAN TREASURER 1.00 X X 0 0 0 MARY BETH FORSHAW TRUSTEE 1.00 X 0 0 0 MICHELE FLYNN TRUSTEE 1.00 X 0 0 0 PAUL SPRAGUE TRUSTEE 1.00 X 0 0 0 TOD VAN KIRK TRUSTEE 1.00 X 0 0 0 WILLIAM STABLEFORD TRUSTEE 1.00 X 0 0 0 MARY DIDIUK TRUSTEE 1.00 X 0 0 0 LAURA DOWNES TRUSTEE 1.00 X 0 0 0 CHARLES REESE TRUSTEE 1.00 X 0 0 0 ALLISON MURPHY EXECUTIVE DIRECTOR 40.00 X 91331 0 0 91331 0 0 0 0 0 0 0 263814 1537690 527375 2328879 MISCELLANEOUS FEES 519200 8079 8079 8079 72600 72600 186442 0 186442 186442 186442 0 263814 18669 -18669 -18669 2577331 194521 0 53931 1025819 653416 372403 45013 28672 16341 85296 54331 30965 18525 18525 45064 40558 4506 25091 18322 6769 549 549 518855 466970 51885 30837 30837 GRANT EXPENSES 109807 109807 REPAIRS AND SERVICES 73854 66469 7385 SUPPLIES AND MISCELLANE 63395 23864 39531 BOOKS 61970 61970 130144 56835 73309 2234219 1581214 653005 0 816126 963856 310394 439848 11636 40877 24373 18853088 4913043 14397639 13940045 3793128 3496401 148634 378334 19506798 19254493 56419 38326 37625 0 94044 38326 X 16105542 18687174 3307212 528993 19412754 19216167 19506798 19254493 343112 124177 -663876 0 X 0 X 1 X 1 0 X 632435 379125 661573 822845 791189 3287167 1399097 1548586 2121318 1489565 1537690 8096256 2031532 1927711 2782891 2312410 2328879 11383423 11383423 29015 29514 51189 71315 72600 253633 699 2412 6996 7608 8079 25794 11662850 0.97600 0.98690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS FEES AND OVERDUE CHARGES - 2020 AMOUNT: $ 699. 2021 AMOUNT: $ 2,412. 2022 AMOUNT: $ 6,996. 2023 AMOUNT: $ 7,608. 2024 AMOUNT: $ 8,079. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 3307212 398305 72600 3778117 0 3574711 1000 624954 893453 3307212 2648692 690969 373597 138547 3574711 3438628 -355368 434568 2648692 2584335 581872 650823 378402 3438628 1.00000 485099 485099 17002742 4005896 12996846 1266936 907147 359789 98311 98311 13940045 FIDELITY 3496401 F 3496401 X 2720177 124177 18669 142846 2577331 0 2577331 2252888 18669 18669 2234219 0 2234219 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, 2022. 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 18,669. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 18,669. 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 TO MAINTAIN THE LIBRARY'S BUILDINGS AND PROPERTY AND ANY EXCESS FOR LIBRARY OPERATIONS. TRUST NO. 2: THE LIBRARY CREATED A TRUST (KNOWN AS TRUST FUND NO. 2) IN ITS NAME ON OCTOBER 10, 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. ENDOWMENT TRUST: THE LIBRARY IS THE INCOME BENEFICIARY OF THE E.C. SCRANTON MEMORIAL LIBRARY 1989 ENDOWMENT TRUST IN FURTHERANCE OF THE AUTHORIZED CHARITABLE PURPOSE FOR WHICH IT WAS ORGANIZED. THE TRUSTEES SHALL PAY TO OR FOR THE BENEFIT AND USE OF THE INCOME BENEFICIARY IN QUARTERLY INSTALLMENTS, THE NET INCOME OF THE TRUST. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THE LIBRARY DID NOT TAKE ANY WITHDRAWALS. THE PRINCIPAL OF THIS TRUST SHALL NOT BE DISTRIBUTED BUT SHALL BE HELD IN TRUST AS AN ENDOWMENT FUND FOR THE BENEFIT OF THE INCOME BENEFICIARY; PROVIDED, HOWEVER, IF THE TRUSTEES, IN THEIR SOLE AND ABSOLUTE DISCRETION, DEEM IT TO BE IN THE BEST INTERESTS OF THE INCOME BENEFICIARY, THEY MAY DISTRIBUTE ANNUALLY TO OR FOR THE BENEFIT OF THE INCOME BENEFICIARY, UP TO THREE PERCENT (3%) OF THE FAIR MARKET VALUE OF THE ASSETS OF THE TRUST. ANNUAL APPEAL 200707 200707 5663 BEACHSIDE BASH 21652 21652 613 3809 6 41455 41455 8584 263814 263814 613 18056 18669 -18669 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 18 THE LIBRARY ATTACHES A COPY OF FORM 990 TO ITS ANNNUAL STATE REGISTRATION 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.