Anselm House

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411428036 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Anselm House?

Anselm House is a nonprofit organization situated in the heart of Minneapolis, Minnesota, specifically at 720 Washington Ave SE, 55414. Their primary mission is to bridge faith and knowledge, catering to students, faculty, and staff at the University of Minnesota, as well as individuals in the Twin Cities area. They achieve this objective through various programs. At their Study Center, students engage in weekly espresso hours, quiet study sessions, and intellectual discussions with faculty over dinner. Anselm House has an academically trained staff and an open library, creating an environment that encourages intellectual growth and spiritual development. Additionally, they facilitate semester-long reading groups and weekly community meals, fostering ongoing conversations and long-term relationships across various denominations. These initiatives aim to help individuals integrate their faith and knowledge into their daily lives, ultimately leading integrated lives in Jesus Christ. Anselm House employs 23 individuals to carry out these programs.


Official website here: www.anselmhouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% - Four-Star out of Four Stars

Anselm House has received a Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The organization scored 95% in this category, indicating effective management of its resources and financial transparency. Key strengths include a 100% independent board, a robust audit and oversight committee, and no reported material diversion of assets, all of which contribute to a high level of trust among donors.

The organization's financial ratios are impressive, with a program expense ratio of 95.63%, indicating that nearly all funds are directed toward its mission-related activities. Additionally, Anselm House exhibits strong fundraising efficiency, with only $0.02 spent to raise each dollar, showcasing effective resource utilization. Its fiscal practices, including documented board meeting minutes and policies for conflict of interest and whistleblowing, further enhance its accountability.

However, while the organization performs well in many areas, its working capital ratio of 0.42 years suggests a potential need for improved financial reserves. This could be a consideration for potential donors who prioritize long-term sustainability. Overall, Anselm House demonstrates a commendable commitment to fiscal responsibility and effective governance.


This AI summary has been generated from information found on Charity Navigator.

Is Anselm House legitimate?

Anselm House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anselm House 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: $170,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $697,840

For more financial information, click here


Official website here: www.anselmhouse.org

What is the mission statement of Anselm House?

Anselm House's mission is centered around bridging faith and knowledge. It aims to empower individuals, primarily students, faculty, and staff at a university, as well as those in the surrounding community, to live integrated lives in accordance with Jesus Christ. This is achieved through various programs, such as the Study Center, which offers a space for weekly gatherings, quiet study, and intellectual discussions over dinner with faculty. Additionally, Anselm House organizes semester-long reading groups and weekly community meals, bringing together individuals from various denominations to foster ongoing conversations and long-term relationships where faith and knowledge can be harmoniously integrated into daily life.


Official website here: www.anselmhouse.org

What is the revenue of Anselm House?

Anselm House's revenue in 2023 was $2,123,011.


Official website here: www.anselmhouse.org

Who are the executives of Anselm House and what are their salaries?

The average compensation at Anselm House during 2023 was $27,124. There are 32 employees and 25 volunteers at Anselm House.

Here are 13 key members and their salaries:


Bryan Bademan (Executive Director)
  • Compensation: $130,450
  • Related: $0
  • Other: $3,914
Bob Georges (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Weerts (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Wiering (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Beitzel (Treasurer (As Of June '23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Waller (Treasurer (Thru May '23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Adkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Jake Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Berg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mooty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Crosby (Trustee (As Of June '23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Barclay (Finance Director)
  • Compensation: $22,247
  • Related: $0
  • Other: $0


Official website here: www.anselmhouse.org

Where can I find the form 990 for Anselm House?

Anselm House's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.anselmhouse.org

Learn more at the official website: www.anselmhouse.org

Mission Statement of Anselm House

Anselm House, a nonprofit organization, is dedicated to bridging the gap between faith and knowledge. Their mission is to empower individuals, particularly students, faculty, and staff at the University of Minnesota, as well as those residing in the Twin Cities area, to lead integrated lives in Jesus Christ. They achieve this goal through various programs and initiatives.

At the heart of Anselm House's activities is their Study Center, a hub of academic engagement and spiritual exploration. Located on the west side of the St. Paul campus, this center offers a conducive environment for weekly espresso hours, quiet study spaces, and engaging discussions with faculty over dinner. The center's academically trained staff are always present, and the library remains open, providing ample opportunities for intellectual and spiritual growth.

Beyond the Study Center, Anselm House fosters ongoing conversations and long-term relationships through semester-long reading groups and weekly community meals. These events bring together people from various denominations, encouraging open dialogue and integration of faith and knowledge in daily life. By offering these programs, Anselm House plays a significant role in equipping individuals to lead integrated lives in their faith and educational journeys.

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Impact




July, 2024

Anselm House's impact lies in its unique ability to bridge the gap between faith and knowledge, equipping students, faculty, and staff at the University of Minnesota to lead integrated lives in Jesus Christ. Through its hospitality programs like the Study Center, where students gather for espresso hours, study sessions, and discussions with faculty, Anselm House fosters a welcoming environment for intellectual and spiritual growth. Additionally, the organization's community discussions, including semester-long reading groups and weekly meals, facilitate ongoing conversations and relationships that help individuals integrate faith and knowledge with all aspects of their lives. Overall, Anselm House's impact can be seen in the transformation of individuals who engage with its programs and in the enriched community it cultivates in Minneapolis and the Twin Cities area.




This information is meant to be a general summary of Anselm House. 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.

Revenue
$2,123,011 (2023)
Expenses
$3,433,215 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $661
  • Program Service Revenue: $104,245
  • Gross Receipts: $2,123,011

Assets and Liabilities:

  • Total Assets: $3,837,389
  • Total Liabilities: $52,222
  • Net Assets: $3,785,167

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Fee Income

Revenue

$65,067

Organization Details

Founding Year

1982

Principal Officer

Bryan Bademan

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