Anselm House
- Assets
- $3.8m
- Revenue
- $5.9m
- Investments
- $15.9k
- Employees
- 23
- Location
- Minneapolis, MN
- Founding
- 01/1984
- Data as of
- 06/2022
- EIN
- 41-1428036
Organization Overview
Anselm House is located in Minneapolis, MN. The organization was established in 1984. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2022, Anselm House employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anselm House 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 06/2022, Anselm House generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $13.3m during the year ending 06/2022. 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
TO CONNECT FAITH AND KNOWLEDGE, EQUIPPING STUDENTS, FACULTY, AND STAFF AT THE UNIVERSITY OF MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPITALITY PROGRAMS: STUDY CENTER - AT THE STUDY CENTER, LOCATED ON THE WEST SIDE OF THE ST. PAUL CAMPUS, STUDENTS GATHER FORWEEKLY ESPRESSO HOURS, STUDY IN QUIET CORNERS, AND HOST DISCUSSIONS WITH FACULTY OVER DINNER. THEORGANIZATION'S ACADEMICALLY TRAINED STAFF ARE ON-HAND AND THE LIBRARY IS ALWAYS OPEN.COMMUNITY DISCUSSIONS - THROUGH SEMESTER-LONG READING GROUPS AND WEEKLY COMMUNITY MEALS THATGATHER PEOPLE FROM ACROSS DENOMINATIONS, THE ORGANIZATION FOSTERS ONGOING CONVERSATIONS AND LONGTERMRELATIONSHIPS WHERE FAITH AND KNOWLEDGE CAN BE INTEGRATED WITH LIFE.
PUBLIC EVENTS: THROUGH EVENTS LARGE AND SMALL, THE ORGANIZATION ANNUALLY CONVENES MORE THAN 3,000 PEOPLE TO ENGAGE AND BE CHALLENGED BY WIDE-RANGING IDEAS AND PERSPECTIVES IN THE AREA OF HEALTH AND MEDICINE, SCIENCE AND ENGINEERING, EDUCATION, LAW AND PUBLIC AFFAIRS, AND LIBERAL ARTS AND BUSINESS.
FELLOWS PROGRAMS: EACH YEAR, SMALL COHORTS OF STUDENTS PARTICIPATE IN THE COLIN MACLAURIN FELLOWS PROGRAM, AN INTENTIONAL COMMUNITY LIVING LIFE AT THE INTERSECTION OF FAITH AND STUDY. THROUGH SHARED MEALS, STAFF-LED CONVERSATIONS, RETREATS, WORSHIP, AND THOUGHTFUL CHRISTIAN CURRICULUM, THE PROGRAM EQUIPS STUDENTS TO INTEGRATE THEIR EDUCATION AND FAITH IN WAYS THAT STRENGTHEN BOTH MORAL AND INTELLECTUAL CHARACTER. A SUBSET OF FELLOWS LIVE TOGETHER IN RESIDENTIAL COMMUNITY, PURSUING INTENTIONAL CHRISTIAN FORMATION AS A LIVING AND LEARNING COMMUNITY. IN THIS COMMUNITY THEY HAVE FURTHER OPPORTUNITIES OUTSIDE OF REGULAR MEETINGS FOR PRAYER, DISCUSSION, AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Bademan Executive Director | OfficerTrustee | 38 | $117,465 |
Bob Georges Chair | OfficerTrustee | 1 | $0 |
David Weerts Vice Chair | OfficerTrustee | 1 | $0 |
Maria Wiering Secretary | OfficerTrustee | 1 | $0 |
Jason Adkins Board Member | Trustee | 1 | $0 |
FR Jake Anderson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $200,540 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,705,039 |
| Noncash contributions included in lines 1a–1f | $1,187,982 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,905,579 |
| Total Program Service Revenue | $11,158 |
| Investment income | $2,740 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,388 |
| Net Income from Fundraising Events | -$44,715 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,879,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,370,818 |
| 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. | $141,312 |
| Compensation of current officers, directors, key employees. | $18,538 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $470,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,601 |
| Payroll taxes | $42,969 |
| 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 | $26,230 |
| Advertising and promotion | $8,955 |
| Office expenses | $44,532 |
| Information technology | $10,018 |
| Royalties | $0 |
| Occupancy | $30,403 |
| Travel | $5,602 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,882 |
| All other expenses | $12,258 |
| Total functional expenses | $13,320,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,220,011 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,557,385 |
| Accounts receivable, net | $0 |
| 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 | $6 |
| Net Land, buildings, and equipment | $9,414 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $15,891 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,682 |
| Total assets | $3,837,389 |
| Accounts payable and accrued expenses | $52,222 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $52,222 |
| Net assets without donor restrictions | $736,865 |
| Net assets with donor restrictions | $3,048,302 |
| 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 | $3,837,389 |