Sons Of Norway
- Assets
- $485.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 09/1972
- Data as of
- 12/2021
- EIN
- 23-7525797
Organization Overview
Sons Of Norway is located in Madison, WI. The organization was established in 1972. 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 $22.8k 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 (51.4%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2021. 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
A COMMUNITY OF PEOPLE DEDICATED TO THEIR FAMILIES, OTHER MEMBERS, AND MAKING A DIFFERENCE IN THE WORLD AROUND THEM. TOGETHER WE CELEBRATE THE HERITAGE AND CULTURE OF NORWAY, WHILE OFFERING OUR MEMBERS THE PROTECTION OF SOLID FINANCIAL PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hild Petre Lodge Vice President (thru Oct) | 5 | $0 | |
Mary Zoroufy Lodge Co-President | 5 | $0 | |
Mary Bennett Lodge Co-President | 5 | $0 | |
Dee Grimsrud Lodge Secretary | 5 | $0 | |
Kelsey Anderson Lodge Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,135 |
| Total Program Service Revenue | $1,477 |
| Membership dues | $0 |
| Investment income | $20,174 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,896 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $803 |
| Total expenses | $21,085 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $485,293 |
| Other assets | $0 |
| Total assets | $485,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $485,293 |
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