Overview
What is Sons Of Norway?
Sons of Norway is a nonprofit organization with a rich heritage, rooted in preserving and celebrating the culture and history of Norway and other Nordic countries. Based in Minneapolis, Minnesota, the organization boasts a membership of 18,618 individuals, who benefit from their offerings of life, annuity, and health insurance products. Sons of Norway operates through a network of local lodges, fostering a sense of community and fellowship among its members. The organization's mission extends beyond insurance, as it also provides opportunities for scholarships and engages in community charitable activities through its 501(c)3 foundation. The nonprofit's core purpose is to promote an enduring appreciation for its heritage while offering valuable insurance services to its membership.
Official website here: www.sonsofnorway.com
Is Sons Of Norway legitimate?
Sons Of Norway is a legitimate nonprofit organization registered as a 501(c)(8) entity. Sons Of Norway submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,398,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,919,634
For more financial information, click here
Official website here: www.sonsofnorway.com
What is the mission statement of Sons Of Norway?
Sons of Norway's mission is centered around promoting and preserving the heritage and culture of Norway, as well as celebrating their relationships with other Nordic countries. By operating through its lodge system, the organization aims to foster a lasting appreciation and understanding of these cultures. Additionally, Sons of Norway provides fraternal insurance benefits to its members. Beyond insurance, the organization also supports community charitable activities and offers scholarships through its 501(c)3 charitable foundation.
Official website here: www.sonsofnorway.com
Who is the CEO of Sons Of Norway?
Ron Stubbing is the President of Sons Of Norway.
Official website here: www.sonsofnorway.com
What is the revenue of Sons Of Norway?
Sons Of Norway's revenue in 2022 was -$61,039,636.
Official website here: www.sonsofnorway.com
Who are the executives of Sons Of Norway and what are their salaries?
The average compensation at Sons Of Norway during 2022 was $110,729. There are 39 employees at Sons Of Norway.
Here are 24 key members and their salaries:
- Compensation: $681,938
- Related: $0
- Other: $57,912
- Compensation: $221,021
- Related: $0
- Other: $22,503
- Compensation: $187,645
- Related: $0
- Other: $35,987
- Compensation: $192,121
- Related: $0
- Other: $10,248
- Compensation: $137,446
- Related: $0
- Other: $48,399
- Compensation: $151,214
- Related: $0
- Other: $18,657
- Compensation: $147,542
- Related: $0
- Other: $8,073
- Compensation: $132,166
- Related: $0
- Other: $7,734
- Compensation: $98,765
- Related: $0
- Other: $20,067
- Compensation: $79,672
- Related: $0
- Other: $33,206
- Compensation: $88,910
- Related: $0
- Other: $17,080
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $2,750
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
Official website here: www.sonsofnorway.com
Where can I find the form 990 for Sons Of Norway?
Sons Of Norway's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sonsofnorway.com
Learn more at the official website: www.sonsofnorway.com
Mission Statement of Sons Of Norway
Sons of Norway, as a nonprofit organization, is dedicated to upholding and nurturing a deep-seated appreciation and comprehension of Norway's heritage, language, history, and culture, as well as those of other Nordic countries. Its mission extends beyond this, embracing the celebration of the organization's relationship with other Nordic nations. Furthermore, Sons of Norway offers top-notch insurance and financial products to its members as a means of providing them with security and support.
Through its network of local lodges and its 501(c)3 charitable foundation, Sons of Norway actively promotes and safeguards the cultural heritage of Norway, fostering a sense of pride and connection among its members. The organization's charitable endeavors extend beyond its membership base, supporting various community projects and initiatives.
Another essential aspect of Sons of Norway's mission is the provision of scholarships to deserving individuals. By offering these scholarships, the organization aims to encourage and support the next generation in their pursuit of knowledge and understanding of Norway's rich history and culture. In this way, Sons of Norway not only preserves the heritage of its own members but also helps to ensure that it continues to thrive for future generations.
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Impact
October, 2024
Sons of Norway significantly influences the cultural landscape by fostering a deeper understanding and appreciation of Norwegian and Nordic heritage. Through its extensive lodge system, it actively promotes the language, history, and traditions of these cultures, creating a sense of community among its members. The organization not only celebrates this heritage but also links it to the broader Nordic identity, enhancing connections within the community.
Additionally, Sons of Norway plays a vital role in providing fraternal support through various insurance products, which ensures financial security for its members. This dual mission reinforces the importance of cultural preservation while also addressing the practical needs of individuals and families within the community.
Their charitable foundation further extends this impact by offering scholarships and supporting numerous charitable activities, thereby contributing to local communities and fostering a spirit of giving and collaboration. Overall, Sons of Norway serves as a crucial bridge between cultural heritage and modern-day community support, enriching the lives of its members and the wider society.
This information is meant to be a general summary of Sons Of Norway. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,197,006
- Program Service Revenue: -$77,853,713
- Gross Receipts: $56,331,157
Assets and Liabilities:
- Total Assets: $233,262,308
- Total Liabilities: $219,779,114
- Net Assets: $13,483,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premium income
Revenue
-$92,075,942
Membership dues
Revenue
$908,489
Amortization of Interest Maintenance Reserve
Revenue
$378,836
Commission on reinsurance ceded
Revenue
$12,834,101
Organization Details
Founding Year
1895
Phone
(612) 827-3611Principal Officer
Ron Stubbing
Main Address
1455 West Lake Street, Minneapolis, MN, 554082666
Website
www.sonsofnorway.comNTEE Category
Code: N50 - Recreation
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