VALLEY COTTAGE LIBRARY

EIN: 136128677 501(c)(3) Education

VALLEY COTTAGE, NY

Total Revenue
$2,704,806
Total Expenses
$2,713,664
Total Assets
$9,356,432
Net Assets
$6,828,554
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NY
Phone
8452687700
Tax Period
2025-01-01 to 2025-12-31

VALLEY COTTAGE LIBRARY, founded in 1959, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2025. Net assets of $6.8M represent 30 months of operating reserves.

Mission

Valley Cottage Library (the Library) a not-for-profit corporation chartered by the New York State Education Department in 1959. It is organized to serve the educational and cultural needs of the community of the Nyack School District. It is concerned with providing materials for literacy, education, and cultural purposes and serves as a community and neighborhood meeting place. The Library is chartered to serve the residents of Valley Cottage (population. 9,038 as of the 2020 US Census) and it also provides equal services to all Nyack Residents. For the year ended December 31, 2025, the Nyack School District provided approximately 96% of the Librarys funding primarily through tax assessments. Operating under a seven-member Board of Trustees, the Library participates in community-driven initiatives and enhancement efforts through developing partnerships within our service area for the benefit of all residents within our chartered area

Program Service Accomplishments

Program 1
Expenses: $2,410,744

Primary Library Service RolesProviding Current Topics and Titles making materials available in a wide range of current formats (including print, electronic media and audio visual) that will appeal to...

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Primary Library Service RolesProviding Current Topics and Titles making materials available in a wide range of current formats (including print, electronic media and audio visual) that will appeal to individual needs for cultural and social trends and the desire for recreational experiences. The Library also serves the needs of our community through a variety of non-traditional materials lending such as cake pans, lawn games and board games. Providing General Information meeting the needs of its customers for information and answers to questions on a broad array of topics related to work, school and personal life, including consumer information.Serving as a resource center for Lifelong Learning The Library provides opportunities for personal growth and development which includes various programs for youth and adults. Library staff engage in digital literacy training both formally and informally for all. Children ProgramsThe library provides programs for children from birth through fifth grade. Programs include: story times & literacy-based programs for babies, toddlers, kindergartners and elementary school children; book clubs, STEAM programs, early literacy programs, movies and performers for all ages.Teen ProgramsBook discussion, gaming programs, college preparation courses, and volunteer opportunities for teens. Adult programsThe library sponsors informative and entertaining talks, demonstrations, audio-visual presentations, workshops, crafts, concerts and other special event. Onsite programs such as the Cookbook Club and offsite programs such as Book and Pub allow staff to bring our community of users together over a shared experience of books and food.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $12,430
Program Service Revenue $2,533,763
Investment Income $158,613
Other Revenue $0
TOTAL REVENUE $2,704,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,835,072
Fundraising Expenses $0
Program Expenses $2,410,744
Other Expenses $878,592
TOTAL EXPENSES $2,713,664

Year-over-Year Comparison

2025 2024 Change
Revenue $2,704,806 $2,681,699 +0.0%
Expenses $2,713,664 $2,666,698 +0.0%
Net Income $-8,858 $15,001 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
7
Independent Members
7
Employees
48
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
8
$157,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTY BLANCHETTE Executive Dir. 40.00
Director
$157,500 $0 $157,500
ASHLEY MARAFFINO ASSISTANT DIRECTOR 35.00
$105,903 $0 $105,903
ARLETTE M MOONEY Trustee 1.00
Director
$0 $0 $0
JEMAR WARD Trustee 1.00
Director
$0 $0 $0
MICHAEL MARK Treasurer 2.00
Officer Director
$0 $0 $0
Melissa L Roy Secretary 2.00
Officer Director
$0 $0 $0
FRANK DWYER President 2.00
Officer Director
$0 $0 $0
MARJORIE MCLOUGHLIN Vice President 2.00
Officer Director
$0 $0 $0
Mary Fiore Trustee 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,704,806 $2,713,664 $9,356,432 $-8,858
2024 $2,681,699 $2,666,698 $9,271,816 $15,001
2023 $2,845,564 $2,531,529 $9,253,906 $314,035
2022 $2,461,536 $2,397,924 $8,737,053 $63,612
2021 $2,467,810 $2,266,209 $8,620,075 $201,601
2020 $2,535,775 $2,282,626 $8,422,594 $253,149
2019 $2,415,166 $2,349,199 $8,098,877 $65,967
2018 $2,338,159 $2,336,042 $8,073,805 $2,117
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