Form 990 for tax year 2023
Filed by AMERICAN FINNISH TOURIST CLUB INC.
Totals
- Total revenue
- $83,087
- Total expenses
- $36,379
- Contributions and grants received
- $55,541
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $32
- Other revenue
- $27,514
- Total assets, end of year
- $1,109,288
- Total liabilities, end of year
- $28,936
- Net assets or fund balances, end of year
- $1,080,352
- Program services expenses (Part IX)
- $29,497
- Management and general expenses
- $6,882
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$8,065
-
1f · All other contributions, gifts and grants
$47,476
-
2a · Program service revenue: VARIOUS PROGRAM ACTIVITIES
total $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $32 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $23,128
-
6b · Less rental expenses
real property $24,800
-
6c · Rental income or loss
real property -$1,672
-
6d · Net rental income or loss
total -$1,672 · unrelated business -$1,672
-
8a · Fundraising events: gross income
$11,104
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $11,104 · unrelated business $0 · excluded $11,104
-
10a · Gross sales of inventory
$32,846
-
10b · Cost of goods sold
$14,764
-
10c · Net income from sales of inventory
total $18,082 · related or exempt $18,082
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $3,412 · program services $0 · management and general $3,412 · fundraising $0
-
12 · Advertising and promotion
total $541 · program services $541 · management and general $0 · fundraising $0
-
13 · Office expenses
total $1,906 · program services $1,182 · management and general $724 · fundraising $0
-
16 · Occupancy
total $27,462 · program services $24,716 · management and general $2,746 · fundraising $0
-
20 · Interest
total $1,464 · program services $1,464 · management and general $0 · fundraising $0
-
23 · Insurance
total $703 · program services $703 · management and general $0 · fundraising $0
-
24a · Other expenses: TAXES AND LICENSES
total $891 · program services $891 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $108,190 · end of year $108,685
-
8 · Inventories for sale or use
beginning of year $2,018 · end of year $2,897
-
10a · Land, buildings and equipment: cost or other basis
$997,706
-
10c · Land, buildings and equipment, net
beginning of year $952,156 · end of year $997,706
-
17 · Accounts payable and accrued expenses
beginning of year $220 · end of year $436
-
24 · Unsecured notes and loans payable
beginning of year $28,500 · end of year $28,500
-
31 · Retained earnings, endowment or other funds
beginning of year $1,033,644 · end of year $1,080,352
Mission and programs · 2023
Mission
TO PROMOTE FINNISH CULTURE BY SERVING LUNCHES AND DINNERS TO MEMBERS & FINNISH VISITERS. TO ARRANGE DANCES & CONCERTS TO PRESERVE "TANHUTX AND OTHER OLD VANISHING DANCING STYLES, TO KEEP LIBRARY & LANGUAGE SCHOOL TO PROMOTE FINNISH LANGUAGE AND TO MAINTAIN
-
FINNISH CULTURE IS PROMOTED BY ARRANGING DINNERS, LUNCHEONS AND BAKED GOODS SALES ALONG WITH DANCES. OTHER CULTURAL EVENTS WERE HELD AS WELL.
-
DANCES AND SOCIAL GATHERINGS, MOVIE AND KARAOKE NIGHTS WERE HELD OFTEN.
-
CULTURAL EVENTS AND CONCERTS WERE HELD
As filed on the 2023 return.
Listed in Part VII
-
Marko AhoMARKO AHO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 30
-
Jorma PeltolaJORMA PELTOLA
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Sirpa AhoSIRPA AHO
PROGRAMS MANAGER
- Total calculated
- $0
- Hours/week
- 30
-
Ari AhoARI AHO
MEMBERSHIP MANAGER
- Total calculated
- $0
- Hours/week
- 10
-
Hanna KiuruHANNA KIURU
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Liisa HaarjarviLIISA HAARJARVI
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Olavi HamalainenOLAVI HAMALAINEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Riitta NurminenRIITTA NURMINEN
MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jouko RitaJOUKO RITA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Heikki KujalaHEIKKI KUJALA
MEMBE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401519349300945
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