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Nonprofit · EIN 11-2007389

HAMPTON LIBRARY IN BRIDGEHAMPTON INC

Tax-exempt · BRIDGEHAMPTON, NY 11932

Financials

$2.2M$1.8M2023$2.6M$2M2024
Revenue Expenses · by fiscal year end
Financials of HAMPTON LIBRARY IN BRIDGEHAMPTON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,572,270$1,970,453$601,817$10,746,418$18,579$10,727,839
December 31, 2023990$2,198,774$1,783,900$414,874$10,037,477$27,772$10,009,705
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,405,961
of which government grants
$1,758,002
Program service revenue
$1,836
Investment income
$164,473
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$381,547
Other salaries and wages
$389,795
Salaries, compensation and benefits (total)
$1,059,065
Professional fundraising fees
$100,537
Legal fees
$2,905
Accounting fees
$15,751
Occupancy
$37,840
Travel
$425
Depreciation
$224,349
Program services (functional)
$1,418,081
Management and general (functional)
$340,264
Fundraising (functional)
$212,108

Balance sheet and other

Total assets, start of year
$10,037,477
Total assets, end of year
$10,746,418
Total liabilities, end of year
$18,579
Net assets, end of year
$10,727,839
Land, buildings and equipment
$5,857,455
Publicly traded securities
$3,923,123
Net assets without donor restrictions
$10,191,833
Net assets with donor restrictions
$536,006
Gross receipts
$2,572,270
Employees
20
Year formed
1876
State of legal domicile
NY

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.

NameTitleHours / weekCompensationOther / benefits
LISA MICHNEDIRECTOR35$135,000$31,471
Danielle MenchiseBUSINESS MANAGER35$86,258$26,434
Shannon GalassoHEAD OF YOUTH SERVICES35$76,871$25,513
TOM WHITETrustee
Trustee or director
10$0$0
STEPHEN KOTZSecretary
Trustee or director, Officer
10$0$0
JOHN VENDETTITrustee
Trustee or director
5$0$0
JOE TITUSTrustee
Trustee or director
5$0$0
ERIC LEMONIDESPresident
Trustee or director, Officer
5$0$0
DORETTA GOLDBERGTrustee
Trustee or director
5$0$0
STACY LUDLOWTreasurer
Trustee or director, Officer
5$0$0
DAWN BODENCHAKTrustee
Trustee or director
5$0$0
MERRITT THOMASTrustee
Trustee or director
5$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
TOM WHITEPRESIDENT
Trustee or director, Officer
10$0
SARAH STENNVICE PRESIDE
Trustee or director, Officer
10$0
LOUISE COLLINSTREASURER
Trustee or director, Officer
10$0
STEPHEN KOTZSECRETARY
Trustee or director, Officer
10$0
JOHN VENDETTITRUSTEE
Trustee or director
5$0
DEBORA OPPENHEIMERTRUSTEE
Trustee or director
5$0
JOE TITUSTRUSTEE
Trustee or director
5$0
ERIC LEMONIDESTRUSTEE
Trustee or director
5$0
DORETTA GREENBERGTRUSTEE
Trustee or director
5$0
STACY LUDLOWTRUSTEE
Trustee or director
5$0

Address and contacts

Address (IRS master file)
2478 MAIN STREET, BRIDGEHAMPTON, NY 11932-0000
Principal officer (990 for 2024)
STACY LUDLOW, PO BOX 3025, BRIDGEHAMPTON, NY 11932
Signed the 990
STACY LUDLOW, Treasurer
Phone
(631) 537-0015
Return prepared by
SABEL & OPLINGER CPA PC

Mission

To provide library services to the residents of the Bridgehampton and Sagaponack school districts.

990 for the year ended December 31, 2024

Program accomplishments

  • To provide library services to the residents of the Bridgehampton and Sagaponack school districts.
    Expenses $1,418,081 · revenue $1,759,838

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-2007389
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
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B71Z)
Assets (IRS master file)
$10,746,418
Income (IRS master file)
$2,572,270

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$2,198,774$1,783,900$10,037,477IRS
990December 2022$1,667,719$1,647,129$9,538,205IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about HAMPTON LIBRARY IN BRIDGEHAMPTON INC

What is the EIN of HAMPTON LIBRARY IN BRIDGEHAMPTON INC?
The employer identification number (EIN) of HAMPTON LIBRARY IN BRIDGEHAMPTON INC is 11-2007389.
Is HAMPTON LIBRARY IN BRIDGEHAMPTON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
Are donations to HAMPTON LIBRARY IN BRIDGEHAMPTON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HAMPTON LIBRARY IN BRIDGEHAMPTON INC 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 HAMPTON LIBRARY IN BRIDGEHAMPTON INC 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 HAMPTON LIBRARY IN BRIDGEHAMPTON INC 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 HAMPTON LIBRARY IN BRIDGEHAMPTON INC?
The 990 for the year ended December 31, 2024 names STACY LUDLOW.
Who are the officers and directors of HAMPTON LIBRARY IN BRIDGEHAMPTON INC?
The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $135,000 (LISA MICHNE, DIRECTOR).
How much revenue does HAMPTON LIBRARY IN BRIDGEHAMPTON INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,572,270, expenses of $1,970,453 and total assets of $10,746,418 at year end.

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