Anchor Community is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchor Community 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 03/2022, Anchor Community generated $140.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $188.7k during the year ending 03/2022. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 PROVIDE AFFORDABLE HOUSING FOR THE LOW-INCOME ELDERLY OR DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF 16 AFFORDABLE HOUSING UNITS FOR THE CHRONICALLY MENTALLY ILL UNDER A SUBSIDY PROGRAM OF THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Barnard Treasurer | OfficerTrustee | 1 | $0 |
Keely Downs President | OfficerTrustee | 1 | $0 |
Sandra Goldhaber Vice President | OfficerTrustee | 1 | $0 |
Diego Kissack Secretary | OfficerTrustee | 1 | $0 |
David G Murphy Executive Director | Officer | 2 | $0 |
Heather Iden Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $104,517 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $104,517 |
Total Program Service Revenue | $35,643 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $140,160 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $34,888 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $467 |
Payroll taxes | $2,997 |
Fees for services: Management | $10,872 |
Fees for services: Legal | $207 |
Fees for services: Accounting | $11,077 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $961 |
Office expenses | $7,217 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $48,170 |
Insurance | $17,451 |
All other expenses | $491 |
Total functional expenses | $188,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,888 |
Savings and temporary cash investments | $33,758 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,181 |
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 | $3,733 |
Net Land, buildings, and equipment | $661,130 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $707,690 |
Accounts payable and accrued expenses | $24,063 |
Grants payable | $0 |
Deferred revenue | $319 |
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 | $340,446 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $20,109 |
Total liabilities | $384,937 |
Net assets without donor restrictions | -$837,647 |
Net assets with donor restrictions | $1,160,400 |
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 | $707,690 |
Organization Name | Assets | Revenue |
---|---|---|
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Arizona Agribusiness & Equine Center Phoenix, AZ | $41,363,992 | $18,352,142 |
Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
Fit Kids Inc Scottsdale, AZ | $27,357,951 | $13,904,484 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |