South Shore Viking Association Inc
- Assets
- $85.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Braintree, MA
- Founding
- 01/1955
- Data as of
- 12/2018
- EIN
- 04-6054674
Organization Overview
South Shore Viking Association Inc is located in Braintree, MA. The organization was established in 1955. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. South Shore Viking Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2018, South Shore Viking Association Inc generated $69.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $85.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES A SOCIAL ENVIRONMENT FOR PERSONS OF SCANDANAVIAN DECENT THROUGH MEMBER PARTICIPATION IN TRADITIONAL EVENTSMIDSOMMAR DAYXMAS YULETIME EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph M Martin President | 3 | $0 | |
John E Johnson Treasurer | 8 | $725 | |
Charles F Collins Membership Secretary | 2 | $110 | |
Pauline Anderson Bar Manager | 2 | $375 | |
Annette Francis Secretary | 2 | $330 | |
Elaine Audette Vice-President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,965 |
| Investment income | $38,601 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,933 |
| Other Revenue | $7,077 |
| Total Revenue | $69,782 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,462 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $64,921 |
| Printing, publications, postage, and shipping | $1,671 |
| Other expenses | $13,543 |
| Total expenses | $85,597 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,799 |
| Other assets | $0 |
| Total assets | $84,984 |
| Total liabilities | $16,413 |
| Net assets or fund balances | $68,571 |
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