Sons Of Norway
- Assets
- $352.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 09/1940
- Data as of
- 12/2022
- 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 12/2022, Sons Of Norway generated $45.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $67.4k during the year ending 12/2022. While expenses have increased by 11.6% per year over the past 8 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
2022
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 |
|---|---|---|---|
Perry Monkelien President | 30 | $0 | |
Bruce Bailey Vice President | 10 | $0 | |
Connie Bartram Treasurer | 20 | $0 | |
Karalou Mattern Secretary | 20 | $0 | |
Barbara Hessel Financial Secre | 10 | $0 | |
Michael Homan Tbc Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,930 |
| Investment income | $5,477 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,377 |
| Other Revenue | $21,030 |
| Total Revenue | $45,814 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $64,968 |
| 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 | $0 |
| Total expenses | $67,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $338,622 |
| Other assets | $0 |
| Total assets | $352,821 |
| Total liabilities | $517 |
| Net assets or fund balances | $352,304 |