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Nonprofit · EIN 22-2712714

NORTH OF BOSTON LIBRARY EXCHANGE INC

Tax-exempt · DANVERS, MA 01923

Financials

$2.6M$2.6M2023$2.7M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of NORTH OF BOSTON LIBRARY EXCHANGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,736,999$3,202,407-$465,408$2,714,305$142,945$2,571,360
June 30, 2024990$2,611,182$2,599,507$11,675$3,041,554$223,686$2,817,868
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,912,019
of which government grants
$346,499
Membership dues
$1,565,520
Program service revenue
$641,165
Investment income
$180,315
Other revenue
$3,500

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$855,401
Salaries, compensation and benefits (total)
$1,099,235
Professional fundraising fees
$0
Legal fees
$6,175
Accounting fees
$11,700
Occupancy
$84,158
Travel
$8,690
Depreciation
$40,863
Program services (functional)
$2,847,465
Management and general (functional)
$354,942

Balance sheet and other

Total assets, start of year
$3,041,554
Total assets, end of year
$2,714,305
Total liabilities, end of year
$142,945
Net assets, end of year
$2,571,360
Land, buildings and equipment
$96,249
Publicly traded securities
$2,053,998
Net assets without donor restrictions
$2,475,355
Net assets with donor restrictions
$96,005
Gross receipts
$2,736,999
Employees
11
Volunteers
0
Year formed
1985
State of legal domicile
MA

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.

NameTitleHours / weekCompensationOther / benefits
KATHERINE LUSSIEREXECUTIVE DIRECTOR
Officer
37.5$123,291$12,631
ELIZABETH THOMSENMEMBER SERVICES MGR
Highest-paid employee
37.5$121,381$11,007
RACHEL OVERBECKDIRECTOR
Trustee or director
5$0$0
ANNA SARNESODIRECTOR
Trustee or director
5$0$0
ALLISON BABINDIRECTOR
Trustee or director
5$0$0
JONATHAN NICHOLSDIRECTOR
Trustee or director
5$0$0
THERESA HURLEYDIRECTOR
Trustee or director
5$0$0
BRIAN COURTEMANCHEPRESIDENT
Officer
10$0$0
MYRON SCHIRER-SUTERTREASURER
Officer
10$0$0
ABIGAIL PORTERCLERK
Officer
10$0$0
CATHERINE MCDONALDVICE PRESIDENT
Officer
10$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH THOMSENMEMBER SERVICES MGR
Highest-paid employee
37.5$116,357$10,560
KATHERINE LUSSIEREXECUTIVE DIRECTOR
Officer
37.5$57,425$3,042
LINDA CW GARDENERDIRECTOR
Trustee or director
5$0$0
AMY LANNONDIRECTOR
Trustee or director
5$0$0
ALLISON BABINDIRECTOR
Trustee or director
5$0$0
JONATHAN NICHOLSDIRECTOR
Trustee or director
5$0$0
THERESA HURLEYDIRECTOR
Trustee or director
5$0$0
BRIAN COURTEMANCHEPRESIDENT
Officer
10$0$0
MYRON SCHIRER-SUTERTREASURER
Officer
10$0$0
ABIGAIL PORTERCLERK
Officer
10$0$0
CATHERINE MCDONALDVICE PRESIDENT
Officer
10$0$0

Address and contacts

Address (IRS master file)
5 CHERRY HILL DR STE 250, DANVERS, MA 01923-2596
Principal officer (990 for 2024)
MYRON SCHIRER-SUTER, 12 MUNROE STREET, BEVERLY, MA 01915
Signed the 990
MYRON SCHIRER-SUTER, TREASURER
Phone
(978) 777-8844
Return prepared by
ROBERT J GUIMOND CPA

Mission

THE TECHNOLOGY PARTNER FOR LIBRARIES NORTH OF BOSTON. IT IS A COOPERATIVE EFFORT OF 25 AREA LIBRARIES FOUNDED TO IMPROVE LIBRARY SERVICE THROUGH AUTOMATION.

990 for the year ended June 30, 2025

Program accomplishments

  • ALL EXPENSES INCURRED IN DEVELOPMENT/MAINTENANCE OF COMPUTER SUPPORTED NETWORK. ALLOWS MEMBERS CATALOG/RESEARCH DATABASE OF BOOKS,PERIODICALS, MEDIA AND ELECTRONIC RESOURCES THAT ARE AVAILABLE FROM EACH LIBRARY.
    Expenses $2,847,465 · revenue $2,736,999

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2712714
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B71C)
Assets (IRS master file)
$2,714,305
Income (IRS master file)
$2,736,999

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,736,999$3,202,407$2,714,305XML
990June 2024$2,611,182$2,599,507$3,041,554XML
990June 2023$2,507,743$2,598,044$2,651,210IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 22-2712714).

Questions about NORTH OF BOSTON LIBRARY EXCHANGE INC

What is the EIN of NORTH OF BOSTON LIBRARY EXCHANGE INC?
The employer identification number (EIN) of NORTH OF BOSTON LIBRARY EXCHANGE INC is 22-2712714.
Is NORTH OF BOSTON LIBRARY EXCHANGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to NORTH OF BOSTON LIBRARY EXCHANGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH OF BOSTON LIBRARY EXCHANGE 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 NORTH OF BOSTON LIBRARY EXCHANGE INC 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 NORTH OF BOSTON LIBRARY EXCHANGE INC 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 NORTH OF BOSTON LIBRARY EXCHANGE INC?
The 990 for the year ended June 30, 2025 names MYRON SCHIRER-SUTER.
Who are the officers and directors of NORTH OF BOSTON LIBRARY EXCHANGE INC?
The 990 for the year ended June 30, 2025 lists 11 people; 2 received compensation from the organization, the highest $123,291 (KATHERINE LUSSIER, EXECUTIVE DIRECTOR).
How much revenue does NORTH OF BOSTON LIBRARY EXCHANGE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,736,999, expenses of $3,202,407 and total assets of $2,714,305 at year end.

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