THE HUDSON LIBRARY OF HIGHLANDS NC INC

EIN: 560726883 501(c)(3) Education

HIGHLANDS, NC

Total Revenue
$166,851
Total Expenses
$157,831
Total Assets
$2,796,963
Net Assets
$2,795,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
NC
Principal Officer
BILL STIEFEL
Phone
8285263031
Tax Period
2024-07-01 to 2025-06-30

THE HUDSON LIBRARY OF HIGHLANDS NC INC, founded in 1927, is a small nonprofit in the Education sector that reported $167K in total revenue in fiscal year 2024. Expenses of $158K left a modest 5% surplus.

Mission

TO MAKE AVAILABLE TO EVERYONE THE RECORDED KNOWLEDGE OF CIVILIZATION AND THUS PROMOTE AND ENCOURAGE THE FREE FLOW OF INFORMATION, THE ENJOYMENT OF READING, AND AN APPRECIATION OF THE CHALLENGE OF IDEAS. WE DO THIS THROUGH SPONSORSHIP AND SUPPORT TO THE HUDSON LIBRARY, A PUBLIC LIBRARY LOCATED IN HIGHLANDS, NC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $71,256
Program Service Revenue $70,595
Investment Income $25,000
Other Revenue $0
TOTAL REVENUE $166,851

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $106,958
Other Expenses $107,831
TOTAL EXPENSES $157,831

Year-over-Year Comparison

2024 2023 Change
Revenue $166,851 $160,624 +0.0%
Expenses $157,831 $189,603 -0.2%
Net Income $9,020 $-28,979 -1.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
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
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAT BISHOP TRUSTEE 2.00
Director
$0 $0 $0
JENNIFER CAMBROOK TREASURER 2.00
Director
$0 $0 $0
JANET CHMAR TRUSTEE 1.00
Director
$0 $0 $0
DEB DYAL TRUSTEE 1.00
Director
$0 $0 $0
TRISH FOOR TRUSTEE 1.00
Director
$0 $0 $0
APRIL GETZ TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL LANZILOTTA CAPITAL CAMP 1.00
Director
$0 $0 $0
DIANE LEVINE FR COMMITTEE 1.00
Director
$0 $0 $0
DELAINE MEHDER TRUSTEE 1.00
Officer Director
$0 $0 $0
MARSHA MOXLEY PRESIDENT 2.00
Officer Director
$0 $0 $0
ANNE NEWHOUSE FR 1.00
Director
$0 $0 $0
BILL STIEFEL EMERITUS MEM 1.00
Director
$0 $0 $0
ELLEN STRAUSS TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM A TROTTER PAST PRESIDE 2.00
Officer Director
$0 $0 $0
WEST VALENINE TRUSTEE 1.00
Director
$0 $0 $0
CATHY MYERS SECRETARY 2.00
Officer
$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 $166,851 $157,831 $2,796,963 $9,020
2024 $160,624 $189,603 $2,786,692 $-28,979
2023 $181,017 $157,516 $2,815,777 $23,501
2022 $102,916 $161,705 $2,792,256 $-58,789
2021 $182,742 $146,299 $2,851,017 $36,443
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