Library Foundation of Needham Inc
Revenue
$165k
year to 30 June 2025
Expenses
$44k
year to 30 June 2025
Total assets
$2.2m
$0 liabilities
Net assets
$2.2m
assets less liabilities
Directors and trustees
8
3.3 years on average
Staff
0
employees, year to 30 June 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
11
named in Part VII
Library Foundation of Needham Inc's network
8 people4 organisationsi8 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 12 voting members of its governing body on its latest Form 990 Part VI; we list 8 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Debra Steele | Director | 2024 | 2 yrs |
| Jay Fialkov | Liaison, Library Board of Trustees | 2024 | 2 yrs |
| Joan Smith | Director | 2024 | 2 yrs |
| Jonathan B Hruska | Director | 2024 | 2 yrs |
| Leslie Renzulli | Director | 2023 | 3 yrs |
| Louise Miller | Director | 2023 | 3 yrs |
| Mike O'Leary | Director | 2024 | 2 yrs |
| Sue Young | Director | 2019 | 7 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
11 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Beth Hammerstrand | Co-President | since 2020 |
| Frada Salo | Treasurer | 2019 |
| James Reulbach | Vice President | 2024 |
| Janet Drake | Past President | since 2019 |
| Joan Smith | President | since 2019 |
| Julie Ogilvie | Clerk | 2019 |
| Kathy D'Addesio | President | 2024 |
| Kathy Whitney | Clerk | 2024 |
| Katie Dammann | Clerk | 2023 |
| Peter Burns | Treasurer | since 2020 |
| Stephen Shusterman | Treasurer | since 2023 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Graeff Erhardt | Director | 1 | $0 | ||
| Genevieve Hammond | Director | 1 | $0 | ||
| Louise Miller | Director | 1 | $0 | ||
| Michael O'leary | Director | 1 | $0 | ||
| Leslie Renzulli | Director | 1 | $0 | ||
| Debra Steele | Director | 1 | $0 | ||
| Kathryn D'addesio | President and Director | 5 | $0 | ||
| Stephen Wallack | Treasurer and Director | 2 | $0 | ||
| Kathy Whitney | Clerk and Director | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Library Foundation of Needham Inc
- EIN
- 043783995
- Address
- 1139 Highland Ave, Needham, MA, 02494-3268
- State
- Massachusetts
- Mission
- The library foundation of needham encourages community investments through individual and corporate giving for library foundation programs and services not provided for in the town funded budget and coordinates fundraising and promotional activities to increase the endowment and responsibly manage and grow the funds. (as filed on the Form 990)
- Activity (NTEE)
- B70 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 6 (IRS master file code)
- Formed
- 2004
- Principal officer
- Stephen Wallack (as named on the Form 990)
- IRS ruling date
- 1 May 2004
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
Most connected
Longest observed on the filings
≥7years on the filingsSue Young
≥3years on the filingsLeslie Renzulli
≥3years on the filingsLouise Miller
≥2years on the filingsDebra Steele
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $2.2m
- Total liabilities
- $0
- Net assets or fund balances
- $2.2m
- Contributions and grants received
- $36k
- Program service revenue
- $0
- Grants and similar paid out
- $20k
- Employees
- 0
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Public Library Town of Needham | Funding for program offerings, expansion of the collection and purchase of special equipment and services. | $20k |