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Filing year 2024

The Tool Library Inc

Buffalo, New York·EIN 82-3550585·NTEE S20 · Community Improvement & Capacity Building·3
Total revenue
$762k
Total assets
$950k
Total expenses
$316k
Reported officers
21
Mission

The Tool Library, Inc. promotes borrowing over buying by increasing trust between neighbors and neighborhoods through empowerment by removing economic barriers for individuals and community projects, enhances sustainability by encouraging community involvement to share practical resources and knowledge, reduces waste, and lowers barriers to access.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$55k
$60k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 73%
from 2023

From $32k in 2023 to $55k in 2024.

$32k
2023
$55k
2024
In today's dollarsEst.
Up 67% in real terms$36k to $60k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

The Tool Library Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$241k
$145k
2023
$762k
$316k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

Comparable community improvement & capacity building organizations in New York pay their highest-earning executive a median of $103,140.

25th percentile
$42k
Median
$103,140
75th percentile
$212k
90th percentile
$362k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 214 organizations across 214 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New York
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