Anchorum Health Foundation
- Assets
- $106.4k
- Revenue
- $635.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- Data as of
- 06/2023
- EIN
- 87-3194433
Organization Overview
Anchorum Health Foundation is located in Santa Fe, NM. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorum Health Foundation 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 06/2023, Anchorum Health Foundation generated $635.3k in total revenue. All expenses for the organization totaled $565.5k during the year ending 06/2023. While expenses have increased by 106.8% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND HEALTHCARE ACCESS AND IMPROVE HEALTH OUTCOMES IN NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANCHORUM HEALTH FOUNDATION PROVIDES GRANT FUNDING TO NONPROFITS ACROSS THE REGION WORKING TO PROMOTE HEALTH FOR THE BENEFIT OF THE COMMUNITY. THE FOUNDATION ALSO MAKES IMPACT INVESTMENTS DESIGNED TO ALLEVIATE BARRIERS TO HEALTHCARE ACCESS FOR POPULATIONS BURDENED BY LIMITED INCOME, LACK OF RESOURCES, AND COMMUNITY CHALLENGES. THE FOUNDATION IS IN ITS START-UP PHASE, AND PLANS TO BEGIN ITS GRANTMAKING IN THE FIRST QUARTER OF 2024.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sayuri Yamada Director And Chair | Trustee | 2 | $0 |
Wendy Trevisani Director And Vice Chair | Trustee | 2 | $0 |
Jerry Jones Director And President | OfficerTrustee | 10 | $0 |
Jennifer Crysler Cfo/corporate Treasurer | Officer | 10 | $0 |
Lisa Estrada Corporate Secretary | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dobie & Associates Strategic Consulting | 6/29/23 | $167,563 |
Mcdermott Will & Emery Llp Legal Services | 6/29/23 | $102,842 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $635,000 |
| Government grants | $0 |
| 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 | $635,000 |
| Total Program Service Revenue | $0 |
| Investment income | $286 |
| 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 | $635,286 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $100,717 |
| Fees for services: Accounting | $2,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $412,118 |
| Advertising and promotion | $6,950 |
| Office expenses | $1,838 |
| Information technology | $24,949 |
| 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 | $4,774 |
| Insurance | $12,013 |
| All other expenses | $0 |
| Total functional expenses | $565,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,985 |
| Pledges and grants receivable | $0 |
| 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 | $11,500 |
| Net Land, buildings, and equipment | $23,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,354 |
| Accounts payable and accrued expenses | $22,554 |
| 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 | $22,554 |
| Net assets without donor restrictions | $83,800 |
| Net assets with donor restrictions | $0 |
| 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 | $106,354 |