Vasa Order Of America is located in Glendora, CA. The organization was established in 1945. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Vasa Order Of America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2023, Vasa Order Of America generated $111.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $94.0k during the year ending 12/2023. While expenses have increased by 19.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND MAINTAIN HERITAGE/ETHNIC CULTURAL EVENTS ARE CONDUCTED TO PROMOTE AND MAINTAIN SCANDINAVIAN HERITAGE/I.E. MIDSUMMER, LUCIA PROGRAMS, DISTRICT CONVENTION. THE ORGANIZATION ALSO PROMOTES EDUCATION THROUGH ANNUAL SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3
PROMOTE AND MAINTAIN SCANDINAVIAN AND NORDIC HERITAGE; ENCOURAGE CULTURAL AWARENESS WITH ANNUAL TRADITIONAL SCANDINAVIAN PROGRAMS SUCH AS THE MIDSUMMER CELEBRATION AND LUCIA PROGRAM,ANNUAL GATHERINGS, AND DINNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gudrun Solt Chairman | 0 | $0 | |
Michael Lent Vice Chairman | 0 | $0 | |
Kathleen Demarjian Secretary | 0 | $0 | |
Marie Ibsen Financial Secretary | 0 | $0 | |
Kathryn Martin Treasurer | 0 | $0 | |
Michael Lent Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,309 |
Membership dues | $1,117 |
Investment income | $106,205 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $111,631 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $13,938 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $26,924 |
Occupancy, rent, utilities, and maintenance | $3,545 |
Printing, publications, postage, and shipping | $380 |
Other expenses | $49,253 |
Total expenses | $94,040 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $124,204 |
Other assets | $0 |
Total assets | $171,005 |
Total liabilities | $0 |
Net assets or fund balances | $171,005 |