Public Charity

NORTH OF BOSTON LIBRARY EXCHANGE INC

Based in DANVERS, MA, NORTH OF BOSTON LIBRARY EXCHANGE INC operates as a Public Charity. The organization reported $2.7M in revenue, $3.2M in expenses, $2.7M in total assets for fiscal year 2025.

EIN: 222712714 DANVERS, MA Education NTEE: B Latest filing: 2025
Total Revenue$2.7M
Total Expenses$3.2M
Total Assets$2.7M
Grant Records0
Filing Years2020–2025

Mission

THE TECHNOLOGY PARTNER FOR LIBRARIES NORTH OF BOSTON. IT IS A COOPERATIVE EFFORT OF 25 AREA LIBRARIES FOUNDED TO IMPROVE LIBRARY SERVICE THROUGH AUTOMATION.

Where $100 goes at North of Boston Library Exchange Inc

How North of Boston Library Exchange Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
All expenses incurred in development/maintenance of computer supported network
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CLERK Abigail Porter
DIRECTOR Allison Babin
DIRECTOR Anna Sarneso
PRESIDENT Brian Courtemanche
VICE PRESIDENT Catherine Mcdonald
MEMBER SERVICES MGR Elizabeth Thomsen

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $3.2M $2.7M
2024 $2.6M $2.6M $3.0M
2023 $2.5M $2.6M $2.7M
2021 $2.5M $2.3M $2.7M
2020 $2.4M $2.3M $2.4M

Between 2020 and 2025, reported annual revenue grew from $2.4M to $2.7M (+13%), with total assets most recently reported at $2.7M.

Interactive year-over-year charts and full filing details available with membership.

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