Rose Memorial Library Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $450,050
- Spending
- $676,072
- Spent on programs
- 85%
- Reserves
- 7.8 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 17
- Volunteers
- 49
- Highest pay
- $66,842, interim directo
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100.
Reserves
28 of 35Spendable reserves would cover 7.8 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
0 of 15Spending exceeded income by 50% of income.
Income trend
5 of 15Income fell 21% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100.
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $575,670 spent. 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
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1967.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.