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THE NORWEGIAN AMERICAN CHAMBER OF COMMERCE INCORPORATED

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Tax-exempt status may be revoked

THE NORWEGIAN AMERICAN CHAMBER OF COMMERCE INCORPORATED

EIN 13-1605825 · Mutual & Membership Benefit (Y)

What they do

THE PURPOSES of THE NORWEGIAN AMERICAN CHAMBER of COMMERCE, INCORPORATED (THE CORPORATION) SHALL BE to PROMOTE TRADE and GOODWILL and to FOSTER BUSINESS, FINANCIAL and PROFESSIONAL INTERESTS BETWEEN NORWAY and THE UNITED STATES of AMERICA, to ADVANCE THE COMMON PURPOSES of ITS MEMBERS, and FACILITATE CONTACTS AMONG ITS MEMBERS.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.19%of revenue went to mission work86.0% of expenses · Program services
$89.78spent for every $100 of revenueRevenue covered expenses this year.
$2.51in assets for every $1 spent this yearSome assets cannot be spent right away.
66.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $85,000 for LIVE SLETTEN DIAKOLIOS (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$133,393
Mission workProgram services$102,96477.19% of revenue86.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$13,63910.22% of revenueShown in gray on the chart
Total expenses$119,75489.78% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2022CurrentExpense mix: 86.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 89.78% of revenue
2021Expense mix: 88.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.07% of revenue
2020Expense mix: 79.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.63% of revenue
2019Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 103.14% of revenue

Money in and money out

Revenue$133,393
Expenses$119,754
Annual surplus $13,639 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$102,964 · 86.0% of expenses
See all reported dollar amounts
Revenue$133,393
Expenses$119,754
Assets$300,261
Income$133,393
Contributions$88,531
Mission work (program services)$102,964
People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LIVE SLETTEN DIAKOLIOSEXECUTIVE DI $85,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

LIVE SLETTEN DIAKOLIOSEXECUTIVE DI

MORTEN SOHLBERGBOARD MEMBER

JOHN SULLIVANBOARD MEMBER

JOVI TENEVBOARD MEMBER

LARRY RUTKOWSKIBOARD MEMBER

LAUREN WILGUSBOARD MEMBER

MARTIN LUNDERBOARD MEMBER

MATS WERMELINBOARD MEMBER

MICHAEL STEWARTBOARD MEMBER

MICHAEL TIMPONEBOARD MEMBER

JOHN HURTERBOARD MEMBER

OIVIND LORENTZEN IIIBOARD MEMBER

OLAV REFVIKBOARD MEMBER

OLE CHR SCHRODERBOARD MEMBER

OYVIND KVARSTEINBOARD MEMBER

PER HEIDENREICHBOARD MEMBER

ROLF KOGSTADBOARD MEMBER

RYAN MARTHBOARD MEMBER

STEIN ERLING BREKKEBOARD MEMBER

TERJE KORSNESBOARD MEMBER

EWA STAWORZYNKSABOARD MEMBER

ANDERS AASENBOARD MEMBER

ARVE HANSTVEITBOARD MEMBER

BJORN REKTORLIBOARD MEMBER

CAMERON W BEARDBOARD MEMBER

CHARLES ANDERSONBOARD MEMBER

CHERYL ACKERBOARD MEMBER

CHRIS BURMEISTERBOARD MEMBER

CLAY MAITLANDBOARD MEMBER

EVEN JOHANSENBOARD MEMBER

ALLAN KROGSGAARDBOARD MEMBER

GEIR MORLANDBOARD MEMBER

HARRIET E BERGBOARD MEMBER

HEGE BARNESBOARD MEMBER

HUMERA AHMEDBOARD MEMBER

IDAR VOLDNESBOARD MEMBER

JAHN HOELBOARD MEMBER

JAN-EYSTEIN SAEBOEBOARD MEMBER

JASMIN UTTERBOARD MEMBER

JOHN BENSONBOARD MEMBER

About this charity

Recognized since
January 1942
Location
450 LEXINGTON AVE 4TH FLOOR, NEW YORK, NY 10017-0000
County
New York
In care of
% COMM
Primary officer
LIVE SLETTEN DIAKOLIOS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2022
Tax period began
January 1, 2022
Return type
990EZ
Tax preparer
HUEY AND ASSOCIATES PC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Revocation date
May 15, 2026

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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