EIN 04-2104331

Insurance Library Association of Boston

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Year formed
1887
Most recent tax filings
2023-06-01
Description
The Library's mission is to provide members of the Insurance, risk management, and legal communities, and the public, with excellent research resources and services, high quality educational programming, and opportunities for engagement.
Total revenues
$612,995
2023
Total expenses
$690,901
2023
Total assets
$2,272,628
2023
Num. employees
4
2023

Program areas at Insurance Library Association of Boston

The Library, which is an approved provider of producer continuing education in six states, provided 12 monthly ce webinars with combined registration of 2,726 students. In addition, the Library offered other webinars (26 students), webinars in collaboration with another organization (21 attendees), a licensing exam preparation course (10 students), and custom in-person and virtual courses (62 students). The Library also offered education programs as part of its program for summer interns and early career professionals.
Engagement:the Library provides unique opportunities for members of the Insurance, risk management, and legal communities, and the public, to come together for networking or other engagement, to share and discuss topics of interest, and to recognize accomplishments. These opportunities include an Insurance professional of the year award and event, virtual lunch and learn programs, an annual award for community or customer service, a scavenger hunt that fosters team building, interaction with colleagues, an opportunity to learn the history of Insurance in Boston and a summer intern program for summer interns or early career professionals at member oprganizations.
Library resources and services:the Library has a comprehensive and unique collection of print and digital insurance-related materials, including current and historic Insurance policies and forms, journals and other periodicals, legal treatises,governmental reports, financial and statistical information, and a collection of sanborn maps. These materials are used for research services provided by the Library and are available for research by Library members and members of the public. The Library also has a collection of Insurance memorabilia that reflects the history of Insurance.
Miscellaneous

Who funds Insurance Library Association of Boston

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$20,000
Safety Insurance Charitable FoundationThe 2023 Annual Fund$15,000
The Andover Companies Charitable FoundationGeneral & Unrestricted$15,000
...and 4 more grants received

Personnel at Insurance Library Association of Boston

NameTitleCompensation
Michael ApezzajrExecutive Director and Secretary$143,397
Paul TetraultExecutive Director$170,250
Leslie F. EmackBoard Member$0
Sonya M. RossPresident and Board Chair$0
Meredith K. ManganImmediate Past President$0
...and 3 more key personnel

Financials for Insurance Library Association of Boston

RevenuesFYE 06/2023
Total grants, contributions, etc.$389,241
Program services$109,339
Investment income and dividends$35,782
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$43,037
Net income from fundraising events$28,410
Net income from gaming activities$0
Net income from sales of inventory$586
Miscellaneous revenues$6,600
Total revenues$612,995

Form 990s for Insurance Library Association of Boston

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-19990View PDF
2022-062023-03-06990View PDF
2021-062022-05-11990View PDF
2020-062021-05-20990View PDF
2019-062020-09-03990View PDF
...and 8 more Form 990s

Organizations like Insurance Library Association of Boston

OrganizationLocationRevenue
Charleston Library Society (CLS)Charleston, SC$1,787,905
Manchester Community LibraryManchester Center, VT$966,985
Kent Library AssociationKent, CT$494,020
Proprietors of the Salem AthenaeumSalem, MA$244,024
Bloomsburg Public LibraryBloomsburg, PA$254,599
Monroe County Public Library FoundationBloomington, IN$318,743
Finger Lakes Library SystemIthaca, NY$1,768,257
The Mercantile LibraryCincinnati, OH$1,350,440
Norman Williams Public LibraryWoodstock, VT$665,609
Providence AthenaeumProvidence, RI$1,696,298
Data update history
December 17, 2024
Updated personnel
Identified 2 new personnel
August 10, 2024
Received grants
Identified 3 new grant, including a grant for $15,000 from The Andover Companies Charitable Foundation
June 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Safety Insurance Charitable Foundation
Nonprofit Types
SchoolsLibraries and archivesCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
MembershipsFundraising eventsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
156 State St
Boston, MA 02109
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
insurancelibrary.org/ 
Phone
(617) 227-2087
IRS details
EIN
04-2104331
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1887
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B70: Libraries, Library Science
NAICS code, primary
51912: Libraries and Archives
Parent/child status
Independent
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