Sons Of Norway
- Assets
- $255.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stoughton, WI
- Founding
- 09/1940
- Data as of
- 12/2023
- EIN
- 23-7403177
Organization Overview
Sons Of Norway is located in Stoughton, WI. The organization was established in 1940. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building 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 12/2023, Sons Of Norway generated $54.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $30.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 8 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 |
|---|---|---|---|
Cheryl Willie-Schlesser President | 5 | $1,125 | |
Wendy Winkelman Vice President | 4 | $250 | |
Darlene Arneson Secretary | 10 | $2,000 | |
Corey Olson Treasurer | 10 | $1,000 | |
Lisa Rove-Williams Youth Director | 8 | $375 | |
Lavonne Weir Publicity Director | 4 | $250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,248 |
| Investment income | $4,302 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,316 |
| Total Revenue | $54,866 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,250 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $1,787 |
| Printing, publications, postage, and shipping | $1,039 |
| Other expenses | $16,331 |
| Total expenses | $30,587 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,755 |
| Other assets | $0 |
| Total assets | $255,755 |
| Total liabilities | $0 |
| Net assets or fund balances | $255,755 |