Nonprofit · EIN 21-0644462
OCEANIC FREE LIBRARY ASSOCIATION
Tax-exempt · RUMSON, NJ 07760
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $230,965 | $199,451 | $31,514 | $1,015,741 | $330 | $1,015,411 |
| December 31, 2023 | 990 | $236,320 | $181,661 | $54,659 | $984,250 | $353 | $983,897 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $161,670
- of which government grants
- $84,302
- Program service revenue
- $3,379
- Investment income
- $59,094
- Net gain from sales of assets
- $20,796
- Other revenue
- $6,822
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $91,718
- Salaries, compensation and benefits (total)
- $99,767
- Professional fundraising fees
- $0
- Depreciation
- $7,337
- Program services (functional)
- $162,557
- Management and general (functional)
- $19,388
- Fundraising (functional)
- $17,506
Balance sheet and other
- Total assets, start of year
- $984,250
- Total assets, end of year
- $1,015,741
- Total liabilities, end of year
- $330
- Net assets, end of year
- $1,015,411
- Land, buildings and equipment
- $141,111
- Publicly traded securities
- $766,667
- Net assets without donor restrictions
- $639,196
- Net assets with donor restrictions
- $376,215
- Gross receipts
- $355,341
- Employees
- 9
- Volunteers
- 13
- Year formed
- 1956
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| PAULA BLOCK BRALOW | Vice President Trustee or director, Officer | 1 | $0 |
| MARGOT O'CONNOR | BOARD MEMBER Trustee or director | 1 | $0 |
| TERESA SPERBER | Secretary Trustee or director, Officer | 1 | $0 |
| DOUG ROSSBACH | Treasurer Trustee or director, Officer | 1 | $0 |
| JOY NOVA JONES | President Trustee or director, Officer | 1 | $0 |
| ANN ROSSBACH | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY HAAREN-SCHUSTER | BOARD MEMBER Trustee or director | 1 | $0 |
| CARA HORNER | Secretary Trustee or director, Officer | 1 | $0 |
| MAIREAD CLIFFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY GRUBERT | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHEN DELASZLO | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF FRIEDMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LAUREN JACOBSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| TEDDI SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAULA BLOCK BRALOW | President Trustee or director, Officer | 1 | $0 |
| MARGOT O'CONNOR | BOARD MEMBER Trustee or director | 1 | $0 |
| TERESA SPERBER | Secretary Trustee or director, Officer | 1 | $0 |
| DOUG ROSSBACH | Treasurer Trustee or director, Officer | 1 | $0 |
| JOY NOVA JONES | President Trustee or director, Officer | 1 | $0 |
| ANN ROSSBACH | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY HAAREN-SCHUSTER | BOARD MEMBER Trustee or director | 1 | $0 |
| CARA HORNER | Secretary Trustee or director | 1 | $0 |
| MAIREAD CLIFFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY GRUBERT | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHEN DELASZLO | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF FRIEDMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LAUREN JACOBSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| TEDDI SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 109 AVENUE OF TWO RIVERS, RUMSON, NJ 07760-1800
- Principal officer (990 for 2024)
- DOUG ROSSBACH, 109 AVENUE OF TWO RIVERS, RUMSON, NJ 07760
- Signed the 990
- DOUG ROSSBACH, Treasurer
- Phone
- (732) 842-2692
- Website
- oceaniclib.org
- Return prepared by
- Mahon McKenzie & Colson CPAs LLC
Mission
TO PROVIDE BOOKS, PERIODICALS, AND VIDEOS TO THE COMMUNITY.
Program accomplishments
- TO PROVIDE BOOKS, PERIODICALS, AND VIDEOS TO THE COMMUNITY.Expenses $162,557 · revenue $3,379
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
- 21-0644462
- 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
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,015,741
- Income (IRS master file)
- $355,341
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $230,965 | $199,451 | $1,015,741 | IRS |
| 990 | December 2023 | $236,320 | $181,661 | $984,250 | XML |
| 990 | December 2022 | $207,890 | $183,905 | $929,508 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 21-0644462).
Questions about OCEANIC FREE LIBRARY ASSOCIATION
- What is the EIN of OCEANIC FREE LIBRARY ASSOCIATION?
- The employer identification number (EIN) of OCEANIC FREE LIBRARY ASSOCIATION is 21-0644462.
- Is OCEANIC FREE LIBRARY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to OCEANIC FREE LIBRARY ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OCEANIC FREE LIBRARY ASSOCIATION 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 OCEANIC FREE LIBRARY ASSOCIATION 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 OCEANIC FREE LIBRARY ASSOCIATION 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 OCEANIC FREE LIBRARY ASSOCIATION?
- The 990 for the year ended December 31, 2024 names DOUG ROSSBACH.
- Who are the officers and directors of OCEANIC FREE LIBRARY ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does OCEANIC FREE LIBRARY ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $230,965, expenses of $199,451 and total assets of $1,015,741 at year end.
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