2025-10-20T10:31:30-07:00 2024-12-31 990 2024-01-01 410547795 SONS OF NORWAY SONS 6128273611 1455 West Lake Street Minneapolis MN 554082666 Dan Seyfried President & CEO 6128214613 2025-10-15 1 2024 2025-03-06 01:10:19Z Daniel Seyfriend 1455 West Lake Minneapolis MN 554082666 42809959 0 0108 X www.sonsofnorway.com X Fraternal benefit Society 1895 MN Sons of Norway operates through its lodge system to promote, preserve, and cherish a lasting appreciation and understanding of the heritage, language, history, and culture of (Continued on Schedule O) 12 12 27 0 57374 18976 0 0 19520925 20193446 7399815 7371954 -1662646 -27267 25258094 27538133 0 0 21725350 23279145 3439037 3271238 0 0 0 4372819 4250213 29537206 30800596 -4279112 -3262463 216181901 203957402 204903464 195527679 11278437 8429723 The mission of Sons of Norway is to provide quality insurance and financial products to our members, promote and preserve the heritage and culture of Norway, and celebrate our relationship with other Nordic countries. 0 0 28888000 26307996 Life, annuity, and health insurance products for members 1912594 1234477 Fraternal activities and benefits 0 0 0 30800594 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 4019 0 1 27 1 1 1 1 CA NO 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X Michelle Swanson 6128214672 1455 West Lake Street Minneapolis MN 554082666 X Dan Seyfried President and CEO 39 1 X X 271461 0 22503 Constance O'Brien Director Mktg and Comm 35 5 X 171117 0 6827 Chris Pinkerton President and CEO 40 0 X X X 147304 0 24170 Tu Hornstra Chief Underwriter and Compliance Officer 40 0 X 140658 0 18433 Lizabeth Halva Dir of Admin, HR and Ins Oper 40 0 X 123339 0 31337 Karen Patwell Accounting Manager 40 0 X 91506 0 32215 Christian Laland Operations Director 40 0 X 94533 0 21520 Michelle Swanson Accounting Manager 40 0 X 100019 0 14983 Zach Kindt Life Ins and Annuity Prod Mgr 40 0 X X 113545 0 0 Erica Oberg CFO 40 0 X X X 97206 0 15398 Ron Stubbings President 5 1 X X 12000 0 0 Robin Fossum Secretary 5 0 X X 8000 0 0 Mary Andersen Treasurer 5 0 X X 7000 0 0 Dean Stiller Director 5 0 X 6250 0 0 Chris Hicks Director 5 0 X 5500 0 0 Dennis Rusinko Director 5 0 X 5000 0 0 Luella Grangaard Director 5 0 X 5000 0 0 Per Mikalsen Director 5 0 X 5000 0 0 Duane Kittleson Director 5 0 X 5000 0 0 Erik Brochmann Director 5 0 X 5000 0 0 Claudia Berg Director 5 0 X 5000 0 0 Kathy Dollymore Director 5 0 X 5000 0 0 Mark Agerter Vice President 5 0 X X 3000 0 0 1427438 0 187386 10 1 1 0 Griffith Ballard 100 First Ave NE Ste 117 Cedar Rapids IA 52401 Acturial services 267105 Greenspring Media 5750 NEW KING DR SUITE 100 Troy MI 48098 Publishing 156159 RSM US LLP 5155 PAYSPHERE CIRCLE Chicago IL 60674 Audit services 149906 Dean Edgar 7270 GUIDER DR APT 308 Woodbury MN 55125 Independent Contractor 112125 4 0 0 0 0 0 0 0 0 Premium income 524113 18356159 18356159 0 0 Membership dues 900099 1154016 1154016 0 0 Amortization of Interest Maintenance Reserve 524113 -26307 -26307 0 0 Commission on reinsurance ceded 524113 637215 637215 0 0 72363 24420 47943 0 20193446 7529783 7529783 0 0 0 0 0 0 0 0 0 0 0 0 15080365 0 15238194 0 -157829 0 -157829 -157829 0 0 0 43063 33632 9431 0 9431 0 Writedown carrying value of investments 524113 -55446 -55446 0 0 18748 18748 0 0 -36698 27538133 27480759 57374 0 0 0 0 23279145 2313858 0 579433 47105 92198 238644 0 34837 122850 0 0 175107 352600 267 368522 516970 0 609072 27660 0 2579 0 0 135572 121184 Commissions 1026952 Examination fees and inspection reports 42994 fraternal promotion 390411 official publication 257445 65191 30800596 0 0 0 2904993 1039138 165276 546738 0 0 0 0 0 0 0 0 16338341 16219624 0 0 0 0 0 0 0 0 186939430 177505296 0 0 0 0 0 0 9833861 8646606 216181901 203957402 923042 1092549 0 0 0 0 0 0 0 0 0 0 0 0 0 0 203980422 194435130 204903464 195527679 X 0 0 0 0 11278437 8429723 11278437 8429723 216181901 203957402 X -3262463 0 0 0 0 413749 X 0 1 X 1 1 1 Certificate and contract reserves 178075899 Certificate and contract claims unpaid 1710560 Deposit type contracts 12731889 Advance premiums 18889 Interest maintenance reserve and Other payables on reinsurance -10395 Asset valuation reserve 1870075 Unearned dues 38213 194435130 26181795 0 0 0 0 0 26181795 358225 998113 1356338 27538133 29257585 0 0 0 -1184786 -1184786 30442371 358225 0 358225 30800596 Schedule D, Part XI, Line 4b net realized capital gains (losses) (157,829); write down carrying value of investments (55,446); membership dues 1,154,016; advertising 37,398; parking rental 10,545; sales 43,063; COGS (33,633) Schedule D, Part XII, Line 2d Net realized capital loss 26,695; Membership dues (1,154,015); Advertising, royalties and other benefit income (91,096); COGS 33,633 Europe (including Iceland and Greenland) 0 0 Program Services Membership 0 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Membership 0 0 0 0 0 0 0 0 0 0 Schedule F, Part I, Line 3 Membership dues received from members outside the United States $37,855 X 1 0 0 Dan Seyfried President and CEO 271461 0 0 0 0 0 11096 0 11407 0 293964 0 0 0 Constance O'Brien Director Mktg and Comm 171117 0 0 0 0 0 6827 0 0 0 177944 0 0 0 Chris Pinkerton President and CEO 147304 0 0 0 0 0 6177 0 17993 0 171474 0 0 0 Tu Hornstra Chief Underwriter and Compliance Officer 140658 0 0 0 0 0 5237 0 13196 0 159091 0 0 0 Lizabeth Halva Dir of Admin, HR and Ins Oper 123339 0 0 0 0 0 5447 0 25890 0 154676 0 0 0 Schedule J, Part I, Line 4 Erica Oberg received severance pay of $18,444. Form 990, Part I, Line 1 Norway and other Nordic countries while providing fraternal insurance benefits to its members. Through its local lodges and its 501(c)3 charitable foundation, Sons of Norway also provides scholarships and supports community charitable activities. Form 990, Part VI, Section A, Line 6 Sons of Norway is a membership organization. We do not have stockholders. Form 990, Part VI, Section A, Line 7a Sons of Norway adopted a direct election structure of governance. Form 990, Part VI, Section B, Line 11b The 990 is reviewed by the CEO. Prior to filing, a copy is sent to each board member. Form 990, Part VI, Section B, Line 12c The annual disclosure statements are reviewed by our legal counsel who reports the findings to the Board of Directors. Form 990, Part VI, Section B, Line 15 The compensation of the CEO is set annually by the Executive Committee of the Board of Directors, subject to approval of the full board. Compensation of other officers are set by the CEO, subject to approval of the Board of Directors. Salary surveys and economic data are used to determine the annual adjustments for both the CEO and the officers. Form 990, Part VI, Section C, Line 19 on as requested basis. Form 990, Part XI, Line 9 transferred to IMR 186,579; change in unreal foreign exch. g/l (1,908); Change in Non admitted 217,947; change in AVR (147,265); Unrealized Gain/Loss - Bonds 158,395 Sons of Norway Foundation 1455 West Lake St Minneapolis MN 55408 416054126 Charitable Foundation MN 501(c)3 7 Not Applicable 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 Sons of Norway Foundation q 297960 expenses paid on behalf of the Foundation Sons of Norway Foundation o 102353 Actual salary, benefits and payroll taxes paid Sons of Norway Foundation n 195607 allocation of actual expenses Extension filed.