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Anchor Retreat Center Corp

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

EIN: 460880661 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Anchor Retreat Center Corp?

Anchor Retreat Center Corp is a nonprofit organization, situated in Lake View Terrace, California, with the primary focus of offering retreat facilities for individual and group prayers, as well as meetings and conferences, all aligned with the Christian faith. Their activities encompass providing a serene environment for spiritual reflection and growth, hosting gatherings such as seminars and conferences that uphold Christian values. With a modest workforce of two individuals, Anchor Retreat Center Corp serves as a sanctuary for those seeking to deepen their spiritual connection in a tranquil setting.


Official website here: www.retreatanchor.com

Is Anchor Retreat Center Corp legitimate?

Anchor Retreat Center Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor Retreat Center Corp 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: $61,801

For more financial information, click here


Official website here: www.retreatanchor.com

What is the mission statement of Anchor Retreat Center Corp?

The Anchor Retreat Center Corp is dedicated to serving as a retreat facility, catering to individual prayers, prayer groups, and meetings such as conferences and seminars. The organization's focus is grounded in the Christian faith, offering a space for spiritual reflection and growth. Its primary activity involves providing retreat facilities for these purposes, fostering an environment conducive to spiritual development and learning. The center accommodates various types of meetings, including seminars and conferences, for individuals seeking spiritual nourishment within the Christian faith.


Official website here: www.retreatanchor.com

Who is the CEO of Anchor Retreat Center Corp?

Stanford G Cho is the CEO of Anchor Retreat Center Corp The CEO's salary of Anchor Retreat Center Corp is $0 and their total compensation is $0.


Official website here: www.retreatanchor.com

What is the revenue of Anchor Retreat Center Corp?

Anchor Retreat Center Corp's revenue in 2023 was $220,545.


Official website here: www.retreatanchor.com

Who are the executives of Anchor Retreat Center Corp and what are their salaries?

The average compensation at Anchor Retreat Center Corp during 2023 was $12,360. There are 5 employees at Anchor Retreat Center Corp.

Here are 3 key members and their salaries (Anchor Retreat Center Corp's CEO's salary is $0 and their total compensation is $0):


Stanford G Cho (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yoon Yong Chung (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kim (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.retreatanchor.com

Where can I find the form 990 for Anchor Retreat Center Corp?

Anchor Retreat Center Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.retreatanchor.com

Learn more at the official website: www.retreatanchor.com

Mission Statement of Anchor Retreat Center Corp

Anchor Retreat Center Corp is dedicated to serving as a sanctuary for individual and group prayers, as well as meetings and conferences, all rooted in Christian faith. The organization's primary mission is to provide retreat facilities, catering to the spiritual needs of individuals and prayer groups. These retreats can also include conferences and seminars, offering a space for spiritual growth and reflection for Christians.

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Impact




October, 2024

Anchor Retreat Center Corp significantly impacts the community by offering dedicated facilities that foster spiritual growth and connection among individuals and groups. By providing a serene environment for personal prayer, group prayers, and various meetings such as conferences and seminars rooted in the Christian faith, the center creates opportunities for reflection, rejuvenation, and deeper faith engagement.

The center serves as a sanctuary for those seeking to strengthen their spiritual lives, encouraging a supportive atmosphere for individuals and prayer groups alike. This focus on Christian fellowship not only nurtures personal faith journeys but also cultivates community bonds as participants engage with one another through shared experiences.

Located in Lake View Terrace, CA, Anchor Retreat Center Corp ensures that these crucial spiritual retreats and gatherings are accessible, enhancing the overall wellbeing of individuals and groups who benefit from such transformative experiences. Through its mission to provide a space dedicated to prayer and spiritual development, the center plays an essential role in enriching the lives of its visitors and, by extension, the broader community.




This information is meant to be a general summary of Anchor Retreat Center Corp. 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
$220,545 (2023)
Expenses
$498,200 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $220,241
  • Gross Receipts: $220,545

Assets and Liabilities:

  • Total Assets: $1,819,391
  • Total Liabilities: $838,575
  • Net Assets: $980,816

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Programs

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

RETREAT FEE RECEIPTS

Revenue

$220,241

Organization Details

Founding Year

2012

Principal Officer

Stanford G Cho

NTEE Category

Code: X11 - Religion related

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