2022-12-19T16:10:29-05:00 2022-06-30 841894608 SANDERS WALSH & EATON CPAS LLC PO BOX F OSTERVILLE MA 02655 990 2021-07-01 042128454 OSTERVILLE FREE LIBRARY CORPORATION OSTE 5084285757 43 WIANNO AVENUE OSTERVILLE MA 02655 RICHARD SULLIVAN TREASURER 5084285757 2022-11-14 true RICHARD SULLIVAN 999009999 JOSEPH F MCGEE CPA P01584870 5084280790 2022-12-19 2021 2022-09-23 18:48:47Z IRENE HANEY 54 RAINBOW DRIVE CENTERVILLE MA 02632 1058924 false X WWW.OSTERVILLEFREELIBRARY.ORG X 1882 MA THE MISSION OF THE OSTERVILLE VILLAGE LIBRARY IS TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE AND STRENGTHEN OUR COMMUNITY. 10 10 16 60 48240 28129 2075203 813891 19415 29351 30306 20104 141289 143831 2266213 1007177 0 0 373665 407486 0 39086 457588 464872 831253 872358 1434960 134819 8358961 8197739 39159 49578 8319802 8148161 THE MISSION OF THE OSTERVILLE VILLAGE LIBRARY IS TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE AND STRENGTHEN OUR COMMUNITY. false false 711531 29351 THE LIBRARY PROVIDED A CURRENT COLLECTION OF MATERIALS IN ALL FORMATS FOR ALL AGES AND A STAFF KNOWLEDGEABLE ABOUT POPULAR AUTHORS AND TITLES. IN ADDITION, THE LIBRARY COLLECTED MATERIALS ON A WIDE VARIETY OF TOPICS OF GENERAL INTEREST, AND OFFERED ASSISTANCE IN LOCATING LIBRARY MATERIALS. LASTLY, THE LIBRARY PROVIDED AN ENVIRONMENT THAT ENCOURAGED PUBLIC DISCOURSE, COMMUNITY INVOLVEMENT, CULTURAL DIVERSITY AND CIVIC PRIDE. 711531 true true false false false false false true false false true false false true false false true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 4 0 16 true true true false false false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true false true true true false MA X RICHARD SULLIVAN 5084285757 43 WIANNO AVENUE OSTERVILLE MA 02655 CYNTHIA COTTON EXECUTIVE DI 35.00 X 102426 0 5400 RICHARD COLMAN TRUSTEE 1.00 X 0 0 0 TALIDA FLONTA VICE PRESIDE 2.00 X X 0 0 0 IRENE HANEY PRESIDENT 2.00 X X 0 0 0 CLAUDIA MAHONEY SECRETARY 2.00 X X 0 0 0 ELLEN MERLESENA TRUSTEE 1.00 X 0 0 0 DIANE PEMBERTON TRUSTEE 1.00 X 0 0 0 STUART RAPP TRUSTEE 1.00 X 0 0 0 RICHARD SULLIVAN TREASURER 2.00 X X 0 0 0 ELLEN VALENTGAS TRUSTEE 1.00 X 0 0 0 LAURIE YOUNG PAST PRESIDE 2.00 X 0 0 0 102426 5400 1 false false false 289578 524313 813891 MISCELLANEOUS 519100 9573 9573 ROOM RENTALS 519100 7790 7790 BOOKS, DVDS SALES AND RENTAL 524298 7570 7570 FEES 532000 4418 4418 29351 13936 13936 6168 6168 6168 6168 147338 51747 95591 OSTERVILLE GUIDE 519100 48240 48240 48240 1007177 21561 48240 27894 362522 326270 36252 16363 16363 28601 25741 2860 1904 1904 18837 18837 9536 8582 954 30715 27643 3072 44704 40234 4470 152325 137092 15233 5421 5421 REPAIRS & MAINTENANCE 78719 70847 7872 BOOKS AND SUBSCRIPTIONS 32984 32984 CLAMS 20072 20072 COGS 19111 19111 50544 16645 13924 19975 872358 711531 121741 39086 73854 108323 159962 285054 1552000 1164000 2745 2745 6108287 1931872 4328809 4176415 1341608 990284 899983 1470918 8358961 8197739 14084 15005 25075 34573 39159 49578 X 5845819 5513243 2473983 2634918 8319802 8148161 8358961 8197739 X 134819 -306460 X false true X true false X 615883 408848 838198 2075203 813891 4752023 266217 273916 281519 276791 1098443 882100 682764 1119717 2351994 813891 5850466 306514 5543952 16679 19319 22344 16069 13936 88347 12891 28814 17980 21463 28129 109277 28275 120219 7270 521 7790 164075 6212165 928515 0.89240 0.92450 X PART II, LINE 10 WAYS & MEANS 111,226 FEES 14,081 MISCELLANEOUS 13,391 ROOM RENTALS 17,587 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61000 X X false 80815 80815 5398961 1422642 3976319 288138 250310 37828 340373 258920 81453 4176415 BENIFICIAL INTEREST HELD AT FOUNDATI 1470918 1470918 700717 -306460 -306460 1007177 1007177 872358 872358 872358 SCHEDULE D, PAGE 2, PART III, LINE 4 INCLUDED IN PROPERTY AN EQUIPMENT ARE THE LIBRARY'S COLLECTIONS, WHICH ARE OBJECTS, ARTIFACTS OF HISTORICAL SIGNIFICANCE, AND THE RESEARCH AND PHOTOGRAPHIC LIBRARIES THAT ARE HELD FOR EXHIBITION AND EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. COLLECTION ITEMS ARE RECORDED AT COST IF PURCHASED OR, IF CONTRIBUTED, AT APPRAISED VALUE AT THE DATE OF CONTRIBUTION. AS OF JUNE 30, 2022 AND 2021, THE LIBRARY'S COLLECTION TOTALED 61,000 AND 61,000, RESPECTIVELY. OBJECTS IN THE LIBRARY'S COLLECTION MAY BE SUBJECT TO DECREASE IN VALUE DUE TO CHANGE IN ATTRIBUTION. IN ADDITION OBJECTS IN LIBRARY'S COLLECTION MAY BE SUBJECT TO FORFEITURE OR OTHER CLAIMS MADE BY INDIVIDUALS OR BY COUNTRIES RELATED TO RETURN OF CULTURAL PROPERTY. THE LIBRARY CLOSELY MONITORS THESE RISKS, AND WHEN IT IS DETERMINED THAT THE VALUE OF AN ITEM MAY BE IMPAIRED AND THE LOSS CAN BE ESTIMATED, THE LIBRARY ADJUSTS THE VALUE OF THE ASSETS BY ESTABLISHING A RESERVE. AS OF JUNE 30, 2022 AND 2021, MANAGEMENT HAS DETERMINED THAT ANY RESERVES WOULD BE IMMATERIAL. THE PUBLICATION AND PERIODICALS, ALSO CARRIED AS A COMPONENT OF PROPERTY AND EQUIPMENT, IS CARRIED AT THE LOWER OF COST OR ESTIMATED NET REALIZED VALUE, TOTALING 18,000 AND 18,000 AT JUNE 30, 2022 AND 2021, RESPECTIVELY. SCHEDULE D, PAGE 4, PART XI, LINE 2D BENEFICIAL INTEREST IN ASSETS HELD IN CCF-CHANGE IN VALUE 0 WAYS AND MEANS 147338 147338 51747 147338 147338 51747 51747 95591 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS STAFF THE BOOK STORE, EMPTY BOOK BINS, PERFORM ADMINISTRATIVE DUTIES AND ASSIST WITH LIBRARY EVENTS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER. FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT A REGULARLY SCHEDULED BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS REVIEWS AND RESOLVES ANY CONFLICT OF INTEREST ISSUES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS USES COMPARATIVE SALARY DATA TO DETERMINE THE EXECUTIVE OFFICER'S SALARY. FORM 990, PAGE 6, PART VI, LINE 15B NOT APPLICABLE-NO OTHER OFFICER COMPENSATION. NO EMPLOYEES MEETING THE CRITERIA OF A KEY EMPLOYEE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 BENEFICIAL INTEREST IN ASSETS HELD IN CCF-CHANGE IN VALUE 0