Sons Of Norway
- Assets
- $374.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 09/1940
- Data as of
- 12/2021
- EIN
- 23-7425418
Organization Overview
Sons Of Norway is located in Lakewood, CO. The organization was established in 1940. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sons Of Norway 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 12/2021, Sons Of Norway generated $37.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $39.5k during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PRESERVATION AND ENHANCEMENT OF NORWEGIAN CULTURE AND FELLOWSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Hessel Financial Secre | 10 | $0 | |
Elaine Homan President | 30 | $0 | |
Pat Lamoe Vice President | 10 | $0 | |
Michael Homan Tbc Treasurer | 10 | $0 | |
Connie Bartram Treasurer | 20 | $0 | |
Barbara Stover Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,094 |
| Investment income | $5,470 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,646 |
| Other Revenue | $21,201 |
| Total Revenue | $37,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $34,146 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $414 |
| Total expenses | $39,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $356,294 |
| Other assets | $0 |
| Total assets | $374,790 |
| Total liabilities | $941 |
| Net assets or fund balances | $373,849 |
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