American Finnish Workers Society Memorial Educational Trust
- Assets
- $65.2k
- Revenue
- $1.5k
- Investments
- $60.0k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/1959
- Data as of
- 12/2021
- EIN
- 41-6018271
Organization Overview
American Finnish Workers Society Memorial Educational Trust is located in Milwaukee, WI. The organization was established in 1959. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Finnish Workers Society Memorial Educational Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Finnish Workers Society Memorial Educational Trust generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $3.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Us Bank N A Co-Trustee | 1 | $1,500 | |
Merton D Hirt Co-Trustee | 1 | $70 | |
Lee J Zieske Co-Trustee | 1 | $70 | |
Lenora E Jensen Co-Trustee | 1 | $70 | |
Ilona Kearney Co-Trustee | 1 | $70 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,020 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $455 |
| Capital Gain Net Income | $455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3 |
| Total Revenue | $1,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,780 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $3,516 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12 |
| Savings and temporary cash investments | $5,197 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,317 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $13 |
| Total assets | $65,184 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Association Of School Boards Springfield, IL | $19,198,603 | $11,091,944 |
American College Of Foot And Ankle Surgeons Chicago, IL | $15,138,521 | $7,600,538 |
National Council Of Teachers Of English Champaign, IL | $46,879,367 | $7,632,067 |
Wisconsin Education Association Council Madison, WI | $12,509,404 | $6,898,296 |
American College Of Osteopathic Family Physicians Inc Arlington Heights, IL | $12,356,317 | $6,528,477 |
Association Of School Business Officials International Dekalb, IL | $5,714,623 | $4,805,268 |
Actuarial Foundation Schaumburg, IL | $9,127,147 | $3,775,493 |
Minnesota School Boards Association St Peter, MN | $5,883,297 | $4,469,123 |
Michigan Association Of School Administrators Lansing, MI | $4,558,515 | $3,628,954 |
Society For College & University Planning Ann Arbor, MI | $2,300,098 | $2,567,141 |
Iowa Association Of School Boards Des Moines, IA | $4,695,775 | $3,513,289 |
Association Of School Business Officials International Lansing, MI | $6,946,141 | $3,435,657 |