Rose Memorial Library Association

Nonprofit profile at a glance

EIN
132558480
IRS 990 coverage
2016–2025
Forms available
Form 990 2025
Location
Stony Point, NY, USA
Phone
8457862100
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$450,050
Expenses
$676,072
Assets
$593,549
Liabilities
$28,417

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • AMANDA PAGAN-GLASS (President)
  • Gina Guadagnino (Vice President)

Highest reported compensation

  • Carole Stewart Gomez (Interim Directo): $66,842 total reported compensation
  • Alice Meacham (Executive Dir.): $21,570 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Rose Memorial Library Association is a New York State not-for-profit corporation charted by the Regents of the State of New York and founded in 1949. It is organized to serve the educational, cultural, and social needs of the community of the Town of Stony Point. It is concerned with providing opportunities for community connection and gathering, and providing materials and programming for literacy, educational, and cultural purposes. The organization currently provides services for 14,813 residents (from the US Census 2020). Rose Memorial Library is governed by an elected Board of Trustees. It is a member of the Ramapo Catskill Library System. The library is supported primarily through municipal and school district tax assessments.

What it reported doing in 2025

Rose Memorial Library is the communitys space for gathering, engaging in culture and entertainment, exploring curiosity, and pursuing lifelong learning. To follow through on this commitment Rose Memorial offers: A popular browsing collection featuring materials available in a wide range of formats including print, av, audio, and digital.Resources offering information and instruction on a broad array of topics related to work, school, enrichment, and personal growth.Programming for all ages.oChildhood and family programs focus on literacy, social-emotional skills, creativity and play-based learning. Regular programs include:? Storytimes and Music and Movement classes for 0-5 year-olds and their caregivers? Arts and crafts? Expert-led programming? STEAM classes? Nature-based programmingTeen programs recognize the unique interests, time-restraints, social needs of patrons ages 12-18. Teen programs include: oVolunteer opportunitiesoBaby-sitter certification classesoCulinary programsoArt sessionsAdults tend to have little free time and are very thoughtful in how they spend it. Our adult programming reflect areas in which the adults in our community are interested in devoting their precious little available time. Programs for adults include: oExpert-led demonstrations, classes and talksoArts workshopsoDefensive drivingoConcertsoYoga and movement classesoPartnership programs with and at local small businessesoBook clubs and conversation groupsoMentorship opportunities

Operating model

Revenue model
Grant-funded. 95% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 19
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -50.2%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.88; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 13.1%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -10.3% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.1% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $576K in reported program spending
  • Leadership: top reported pay $67K · 7 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.