Nonprofit · EIN 14-1425847
LAKE PLACID PUBLIC LIBRARY
Tax-exempt · LAKE PLACID, NY 12946
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $436,729 | $384,734 | $51,995 | $669,351 | $0 | $669,351 |
| June 30, 2024 | 990 | $404,801 | $347,951 | $56,850 | $617,356 | $0 | $617,356 |
| June 30, 2023 | 990 | $389,077 | $353,169 | $35,908 | $560,506 | $0 | $560,506 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $410,355
- of which government grants
- $310,491
- Program service revenue
- $1,051
- Investment income
- $0
- Other revenue
- $25,323
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $205,437
- Salaries, compensation and benefits (total)
- $277,383
- Professional fundraising fees
- $0
- Accounting fees
- $1,500
- Occupancy
- $44,470
- Travel
- -$30
- Depreciation
- $11,793
- Program services (functional)
- $359,992
- Management and general (functional)
- $24,742
Balance sheet and other
- Total assets, start of year
- $617,356
- Total assets, end of year
- $669,351
- Total liabilities, end of year
- $0
- Net assets, end of year
- $669,351
- Land, buildings and equipment
- $188,462
- Publicly traded securities
- $215,215
- Net assets without donor restrictions
- $669,351
- Gross receipts
- $436,729
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1900
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bambi Pedu | Director Trustee or director | 35 | $53,945 |
| Martha Bullock | President Trustee or director, Officer | 2 | $0 |
| Emily Moulton | Vice President Trustee or director, Officer | 0.5 | $0 |
| Jenifer Briggs | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Sandra Danussi | Trustee Trustee or director | 0.5 | $0 |
| Margaret Dennin | Trustee Trustee or director | 0.5 | $0 |
| Peter Lynch | Trustee Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Bullock | President Trustee or director, Officer | 2 | $0 |
| Peter Lynch | Vice President Trustee or director, Officer | 1 | $0 |
| Jenifer Briggs | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Sandra Danussi | Trustee Trustee or director | 0.5 | $0 |
| Margaret Dennin | Trustee Trustee or director | 0.5 | $0 |
| Emily Moulton | Trustee Trustee or director | 0.5 | $0 |
| Bambi Pedu | Secretary/Librarian Trustee or director | 35 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Bullock | President Trustee or director, Officer | 2 | $0 |
| Cornelia Rogers | Vice President Trustee or director, Officer | 2 | $0 |
| Jenifer Briggs | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Sandra Danussi | Trustee Trustee or director | 0.5 | $0 |
| Peter Lynch | Trustee Trustee or director | 0.5 | $0 |
| Bambi Pedu | Secretary/Librarian Trustee or director, Officer | 35 | $0 |
Address and contacts
- Address (IRS master file)
- 2471 MAIN ST, LAKE PLACID, NY 12946-3301
- Principal officer (990 for 2024)
- Jenifer Briggs, 2471 Main St, Lake Placid, NY 12946
- Signed the 990
- Jenifer Briggs, Treasurer
- Phone
- (518) 523-3200
- Website
- lakeplacidlibrary.org
- Return prepared by
- Adirondack Audit Co Inc
Mission
To be the focal point of our community which provides educational, informational, cultural, and recreational material for all.
Program accomplishments
- Providing Educational, Informational and Recreational Material for the enjoyment of our community.Expenses $359,992 · revenue $3,744
- Providing educational, informational,and recreational material for the enjoyment of our Community
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1425847
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $669,351
- Income (IRS master file)
- $436,729
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $436,729 | $384,734 | $669,351 | IRS |
| 990 | June 2024 | $404,801 | $347,951 | $617,356 | XML |
| 990 | June 2023 | $389,077 | $353,169 | $560,506 | XML |
| 990 | June 2022 | $344,085 | $335,046 | $524,598 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 14-1425847).
Questions about LAKE PLACID PUBLIC LIBRARY
- What is the EIN of LAKE PLACID PUBLIC LIBRARY?
- The employer identification number (EIN) of LAKE PLACID PUBLIC LIBRARY is 14-1425847.
- Is LAKE PLACID PUBLIC LIBRARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to LAKE PLACID PUBLIC LIBRARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE PLACID PUBLIC 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 LAKE PLACID PUBLIC LIBRARY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE PLACID PUBLIC LIBRARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE PLACID PUBLIC LIBRARY?
- The 990 for the year ended June 30, 2025 names Jenifer Briggs.
- Who are the officers and directors of LAKE PLACID PUBLIC LIBRARY?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $53,945 (Bambi Pedu, Director).
- How much revenue does LAKE PLACID PUBLIC LIBRARY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $436,729, expenses of $384,734 and total assets of $669,351 at year end.
Other nonprofits in LAKE PLACID
- ADIRONDACK COMMUNITY FOUNDATION INC EIN 16-1535724 · last filed 990 for 2025
- NORTH COUNTRY SCHOOL INC EIN 14-1430542 · last filed 990 for 2025
- LAKE PLACID ASSOCIATION FOR MUSIC DRAMA & ART INC EIN 14-6030874 · last filed 990 for 2024
- MOUNTAIN LAKE ACAADEMY EIN 20-5764735 · last filed 990 for 2025
- NORTHWOOD SCHOOL EIN 14-1401103 · last filed 990 for 2026
- LAKE PLACID CHAMBER OF COMMERCE INC EIN 14-1354120 · last filed 990 for 2024
- ADIRONDACK MOUNTAIN CLUB INC EIN 15-0586270 · last filed 990 for 2024
- LPHSA INC EIN 82-5074078 · last filed 990 for 2025