Overview
What is Anchor House Inc?
Anchor House Inc is a faith-based nonprofit organization situated in New York City, specifically at 475 Riverside Dr, 1922. Their primary mission is to assist individuals struggling with substance use disorders, offering a comprehensive rehabilitation program focusing on emotional, vocational, and financial independence. The aim is to empower residents to rejoin their families as self-sufficient members of their communities. Anchor House operates two facilities, one for men with a capacity of 50 and the other for women with a normal capacity of 28, although the number was reduced during the COVID-19 pandemic for social distancing purposes. They follow a trauma-informed, integrated biopsychosocial approach to provide a wide range of services, with the goal of enabling recipients to achieve their full potential and personal destiny. Anchor House employs a total of 56 individuals.
Official website here: www.anchorhouseinc.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Anchor House Inc has earned an 81% rating, reflecting a strong commitment to accountability and finance. This score is entirely based on their robust financial practices and governance, indicating that the organization is effectively managing its resources and adhering to best practices in nonprofit management. The high score suggests that donors can trust the organization to utilize contributions responsibly.
The organization boasts excellent oversight with a fully independent board comprising 12 members, showcasing transparency and a commitment to ethical governance. Additionally, Anchor House has implemented various policies, including conflict of interest and whistleblower policies, which further enhance its accountability. The organization also reports a high program expense ratio of 89.33%, indicating that a significant portion of funds is directed towards its programs rather than administrative costs.
While the overall rating is positive, there is no information provided regarding the impact or effectiveness of the programs offered by Anchor House Inc. This limitation means potential donors should consider seeking additional information about the outcomes of the organization's services to make a fully informed decision.
This AI summary has been generated from information found on Charity Navigator.
Is Anchor House Inc legitimate?
Anchor House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor House Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,745,948
For more financial information, click here
Official website here: www.anchorhouseinc.com
What is the mission statement of Anchor House Inc?
The mission of Anchor House Inc is to provide a comprehensive, trauma-informed, and integrated approach to aid individuals and families affected by substance use disorder. Their goal is to empower women and men to achieve recovery, enabling them to return to their communities as healthy, productive, and self-sufficient members. Through their services, they aim to help these individuals reclaim their destinies and lead fulfilling lives, free from the grip of addiction. Furthermore, Anchor House is dedicated to the prevention and control of drug and alcohol abuse, promoting a healthier and more resilient society.
Official website here: www.anchorhouseinc.com
Who is the CEO of Anchor House Inc?
Mark Skeete is the President of Anchor House Inc.
Official website here: www.anchorhouseinc.com
What is the revenue of Anchor House Inc?
Anchor House Inc's revenue in 2022 was $3,569,387.
Official website here: www.anchorhouseinc.com
Who are the executives of Anchor House Inc and what are their salaries?
The average compensation at Anchor House Inc during 2022 was $31,178. There are 56 employees and 20 volunteers at Anchor House Inc.
Here are 21 key members and their salaries:
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Official website here: www.anchorhouseinc.com
Where can I find the form 990 for Anchor House Inc?
Anchor House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anchorhouseinc.com
Learn more at the official website: www.anchorhouseinc.com
Mission Statement of Anchor House Inc
Anchor House Inc, a faith-based organization, is committed to combating the issue of substance use disorder. Their mission is threefold: to offer a comprehensive, trauma-informed approach to aid individuals and families affected by addiction; to operate a rehabilitation community residence for those recovering from alcohol and narcotic drug dependency; and to promote the prevention and control of drug and alcohol abuse.
In pursuit of their mission, Anchor House Inc aims to empower women and men struggling with substance use disorder to reclaim their health, productivity, and self-sufficiency. By adopting a holistic, biopsychosocial approach, they strive to provide a wide array of services that equip these individuals with the tools necessary to return to their families and communities as self-reliant and productive members.
In simple terms, Anchor House Inc is dedicated to transforming lives, helping individuals overcome addiction and rebuild their lives, all while working towards a society free from the devastating effects of drug and alcohol abuse.
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Impact
June, 2024
Anchor House Inc's impact is profound in the field of addiction rehabilitation. By providing a faith-based program for individuals struggling with alcohol and narcotic drug addiction, Anchor House enables residents to live responsible and empowered lives. The organization operates community residences for rehabilitation and promotes the prevention and control of substance abuse. Through a holistic approach that addresses the biopsychosocial aspects of addiction, Anchor House helps individuals and families impacted by substance use disorder to return to their communities as healthy, productive, and self-sufficient members. This not only transforms the lives of the residents but also has a positive ripple effect on their families and communities.
This information is meant to be a general summary of Anchor House Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37
- Program Service Revenue: $1,641,297
- Gross Receipts: $3,569,387
Assets and Liabilities:
- Total Assets: $2,055,104
- Total Liabilities: $2,850,629
- Net Assets: -$795,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
820 Medicaid Managed C
Revenue
$1,237,030
NYC Human Resources Ad
Revenue
$343,538
Food Stamps
Revenue
$59,493
Client Fees
Revenue
$1,236
Organization Details
Founding Year
1971
Phone
(718) 771-0760Principal Officer
Mark Skeete
Main Address
CO UMCS 475 Riverside Dr 1922, New York, NY, 10115
Website
www.anchorhouseinc.comNTEE Category
Code: F20 - Mental health
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