Sons Of Norway is located in Everett, WA. 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. As of 12/2023, Sons Of Norway employed 7 individuals. 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 $118.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $143.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE UNDERSTANDING OF NORWEGIAN HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRATERNAL ORGANIZATION PROMOTING NORWEIGAN HERITAGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Landro President | OfficerTrustee | 5 | $0 |
Iva Henry Fin Secretary | OfficerTrustee | 2 | $0 |
Janis Ahern Counselor | Trustee | 2 | $0 |
Tim Nerison Trustee | Trustee | 3 | $0 |
G Gary Strombo Vice President | OfficerTrustee | 5 | $0 |
Mark Albertine Trustee | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $6,803 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,253 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,056 |
Total Program Service Revenue | $0 |
Investment income | $1,026 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $22,450 |
Net Income from Gaming Activities | $18,077 |
Net Income from Sales of Inventory | $67,506 |
Miscellaneous Revenue | $0 |
Total Revenue | $118,115 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,900 |
Grants and other assistance to domestic individuals. | $196 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $37,534 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,876 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,730 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $390 |
Advertising and promotion | $4,018 |
Office expenses | $941 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,500 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $39 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,584 |
Insurance | $900 |
All other expenses | $9,280 |
Total functional expenses | $143,712 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $63,533 |
Savings and temporary cash investments | $188,434 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,015 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $20,919 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $10,655 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $289,556 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,781 |
Total liabilities | $5,781 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $283,775 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $289,556 |