Swedish Aid Society Incorporated
- Assets
- $9.5k
- Revenue
- $34.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Cheshire, CT
- Founding
- 04/1976
- Data as of
- 12/2022
- EIN
- 51-0188188
Organization Overview
Swedish Aid Society Incorporated is located in Cheshire, CT. The organization was established in 1976. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swedish Aid Society Incorporated 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 12/2022, Swedish Aid Society Incorporated generated $34.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $28.0k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lars Gunneson President | 0 | $0 | |
Kenneth Bjork Vice President | 0 | $0 | |
Paul Gunneson Treasurer | 0 | $0 | |
Claire Couture Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,175 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $25 |
| Other expenses | $0 |
| Total operating and administrative expenses | $192 |
| Contributions, gifts, grants paid | $27,800 |
| Total expenses and disbursements | $27,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,488 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,488 |
| 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 |
Grants Awarded
Over the last fiscal year, Swedish Aid Society Incorporated has awarded $27,800 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BETHESDA LUTHERAN CHURCH PURPOSE: FOOD BASKETS | $1,200 |
TABOR LUTHERAN CHURCH PURPOSE: FOOD BASKETS | $1,200 |
BRANFORD FOOD PANTRY PURPOSE: FOOD FOR NEEDY | $2,600 |
COMMUNITY DINING ROOM PURPOSE: FOOD FOR NEEDY | $2,600 |
CONNECTICUT FOODSHARE PURPOSE: FOOD FOR NEEDY | $6,200 |
WHEAT INC PURPOSE: FOOD FOR NEEDY | $2,600 |