Chemung County Library District

Chemung County Library District consistently maintains financial stability with growing assets and no reported officer compensation.

EIN: 203878699 · Elmira, NY · NTEE: B70 · Updated: 2026-03-28

$5.0MRevenue
$10.9MAssets
85/100Mission Score (Excellent)
B70

Is Chemung County Library District Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Chemung County Library District directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Chemung County Library District

Chemung County Library District (EIN: 203878699) is a nonprofit organization based in Elmira, NY, classified under NTEE code B70. The organization reported total revenue of $5.0M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chemung County Library District's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chemung County Library District demonstrates consistent financial stability and growth over the past decade. Their assets have steadily increased from $5,765,514 in 2014 to $9,423,396 in 2023, indicating sound financial management and asset accumulation. The organization consistently operates with a surplus, with revenues generally exceeding expenses, such as in 2023 where revenue was $4,112,599 against expenses of $4,089,930. This suggests effective budgeting and resource allocation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses and asset growth imply a healthy financial position. The absence of reported officer compensation across all filings is a notable aspect, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer-led executive structure, which can contribute to lower administrative overhead. Further analysis of detailed expense categories would be beneficial to fully assess spending efficiency. Overall, the Chemung County Library District appears to be a financially well-managed organization with a strong track record of growth and fiscal responsibility. Their consistent financial performance and asset accumulation point to a sustainable model for providing library services to the community.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chemung County Library District with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Chemung County Library District allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with annual revenues exceeding $4 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Chemung County Library District's IRS 990 filings:

Strengths

The following positive indicators were identified for Chemung County Library District:

Frequently Asked Questions about Chemung County Library District

Is Chemung County Library District a legitimate charity?

Based on AI analysis of IRS 990 filings, Chemung County Library District (EIN: 203878699) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Chemung County Library District spend its money?

Chemung County Library District directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Chemung County Library District tax-deductible?

Chemung County Library District is registered as a tax-exempt nonprofit (EIN: 203878699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Chemung County Library District a good charity?

Based on the provided financial data, the Chemung County Library District appears to be a financially sound organization with consistent revenue growth, asset accumulation, and a history of operating with a surplus. The lack of reported officer compensation is a unique characteristic that could indicate a high dedication to mission spending.

How has the organization's financial health changed over the last decade?

The organization's financial health has steadily improved over the last decade. Assets have grown from $5,765,514 in 2014 to $9,423,396 in 2023, and revenues have increased from $3,261,179 to $4,112,599 over the same period, demonstrating consistent growth and stability.

What is the significance of 0% officer compensation?

The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's top leadership may be entirely volunteer, or compensated in ways not categorized as 'officer compensation' on the 990, potentially leading to lower administrative costs and a higher proportion of funds directed towards programs.

Filing History

IRS 990 filing history for Chemung County Library District showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chemung County Library District's revenue has grown by 32.8%, moving from $3.1M to $4.1M. Total assets increased by 76.8% over the same period, from $5.3M to $9.4M. Total functional expenses rose by 42.7%, from $2.9M to $4.1M. In its most recent filing year (2023), Chemung County Library District reported a surplus of $23K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $9.4M in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $8.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $4.1M $4.1M $9.4M $1.2M
2022 $3.9M $3.6M $9.6M $1.5M View 990
2021 $3.9M $3.4M $9.3M $1.5M View 990
2020 $4.2M $3.7M $8.8M $1.5M
2019 $3.9M $3.6M $7.5M $728K View 990
2018 $3.8M $3.4M $7.7M $1.1M View 990
2017 $3.6M $3.3M $7.2M $1.0M View 990
2016 $3.4M $3.3M $7.0M $1.1M View 990
2015 $3.4M $3.0M $6.0M $389K View 990
2014 $3.3M $3.1M $5.8M $476K View 990
2013 $3.2M $3.1M $5.7M $506K View 990
2012 $3.2M $3.0M $5.7M $648K View 990
2011 $3.1M $2.9M $5.3M $643K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Chemung County Library District is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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