Nordic Northwest
- Assets
- $8.1m
- Revenue
- $33.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 10/1986
- Data as of
- 03/2022
- EIN
- 93-0901132
Organization Overview
Nordic Northwest is located in Portland, OR. The organization was established in 1986. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nordic Northwest 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 03/2022, Nordic Northwest generated $33.9k 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 (44.3%) each year. All expenses for the organization totaled $71.8k during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NORDIC NORTHWEST IS A NON-PROFIT CORPORATION FOCUSED ON THE FIVE NORDIC NATIONS OF DENMARK, FINLAND, ICELAND, NORWAY, AND SWEDEN. THE MISSION OF NORDIC NORTHWEST IS TO HIGHLIGHT, HONOR, EDUCATE, COMMUNICATE, PROMOTE, AND CELEBRATE NORDIC CULTURE AND TRADITIONS, ANCESTRAL, MODERN AND CONTEMPORARY. ALSO TO PROVIDE VALUE AND SERVE MEMBERS BY DEVELOPING AND MAKING AVAILABLE AND ACCESSIBLE NORDIC CULTURAL AND EDUCATIONAL PROGRAMMING THAT IS RICH, AUTHENTIC, AND FORWARD LOOKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL CENTER: NORDIC NORTHWEST PRESENTED 11 OF PROGRAMS DURING MARCH OF 2022 AT ITS CULTURAL CENTER, NORDIA HOUSE. PROGRAMMING INCLUDED A FILM, LECTURE, NORDIC GAMES, THREE CRAFT WORKSHOPS AND A CHILDREN'S GNOME HUNT AND STORYTIME; FOCUSED ON THE HISTORY, CULTURE, ARTS, SCIENCE, AND TECHNOLOGY OF THE FIVE NORDIC COUNTRIES: DENMARK, FINLAND, ICELAND, NORWAY, AND SWEDEN.
SWEDISH CABINS: THE LEGACY OF HENRY STEINER AND FOGELBOFOR MOST AMERICANS, THE LOG CABIN REPRESENTS THE AMERICAN FRONTIER. THE LOG CABIN ALSO TELLS THE STORY OF SWEDISH IMMIGRATION AND INNOVATION IN THE UNITED STATES. IN THE PACIFIC NORTHWEST, THE STORY OF THE SWEDISH LOG CABIN LIVES ON THROUGH THE LEGACY OF CRAFTSMAN, HENRY STEINER. IN THE 1920'S THROUGH THE 1950'S STEINER AND HIS FAMILY BUILT APPROXIMATELY 100 CABINS INCLUDING FOGELBO, WHICH PERFECTLY REPRESENTS HIS DESIGN LEGACY, ATTENTION TO DETAIL AND EXPERT CRAFTSMANSHIP. FOGELBO WAS CONSTRUCTED IN THE LATE 1930'S AND TODAY IS LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES BECAUSE OF ITS UNIQUE ARCHITECTURAL QUALITIES AND CULTURAL SIGNIFICANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Nelson President | OfficerTrustee | 8 | $0 |
Grethe A Larson Secretary | OfficerTrustee | 8 | $0 |
Sonja L Haugen Treasurer | OfficerTrustee | 8 | $0 |
Peter H Loop Vice President | OfficerTrustee | 8 | $0 |
Michael E Nelson Immediate Past President | OfficerTrustee | 8 | $0 |
Jodi Lippert Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,710 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,361 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,071 |
| Total Program Service Revenue | $2,936 |
| Investment income | $4,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,867 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,186 |
| Compensation of current officers, directors, key employees. | $1,982 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,172 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,695 |
| Payroll taxes | $3,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,132 |
| Office expenses | $7,799 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,613 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,547 |
| Insurance | $0 |
| All other expenses | $663 |
| Total functional expenses | $71,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,084,944 |
| Savings and temporary cash investments | $311,263 |
| Pledges and grants receivable | $108,000 |
| Accounts receivable, net | $15,454 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,970,423 |
| Investments—publicly traded securities | $1,550,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,440 |
| Total assets | $8,064,903 |
| Accounts payable and accrued expenses | $56,973 |
| Grants payable | $0 |
| Deferred revenue | $262,441 |
| 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 | $0 |
| Total liabilities | $319,414 |
| Net assets without donor restrictions | $6,912,107 |
| Net assets with donor restrictions | $833,382 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $8,064,903 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nordic Northwest has recieved totaling $36,706.
| Awarding Organization | Amount |
|---|---|
Scan Design By Inge & Jens Bruun Foundation Seattle, WA PURPOSE: 2021 GRANT AWARD | $30,000 |
Ausplund Tooze Family Foundation Portland, OR PURPOSE: SUPPORT | $6,650 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Endowment Analysis
| Beg. Balance | $1,817,655 |
| Earnings | $40,148 |
| Net Contributions | $3,839 |
| Ending Balance | $1,861,642 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Brothers For Life Seattle, WA | $4,440,367 | $6,321,338 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |
San Francisco Japanese School San Francisco, CA | $7,835,658 | $4,070,640 |
Native Arts And Cultures Foundation Inc Portland, OR | $23,796,396 | $14,906,833 |
Japanese American Cultural And Community Center Los Angeles, CA | $13,866,059 | $4,524,826 |
Silicon Andhra Milpitas, CA | $6,902,831 | $4,723,243 |
Little Italy Association Of San Diego San Diego, CA | $1,240,601 | $3,253,229 |