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The Anchor Initiative

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

EIN: 472475316 ✦ Jackson, MI ✦ Designated as a 501(c)(3)

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Overview

What is The Anchor Initiative?

The Anchor Initiative is a private sector endeavor based in Jackson, Michigan, with a single employee. Their primary mission is to revitalize the city's downtown area, ultimately aiming to create a more engaging, livable, and valued community for residents, learners, and workers alike. The organization carries out various activities to accomplish this mission.


Official website here: www.jaxanchor.org

What do the Facebook reviews say about The Anchor Initiative?

92% of five reviewers on Facebook recommend The Anchor Initiative. Here’s a summary of their feedback:

The comments reflect a strong appreciation for the organization's mission and dedication to fostering positive changes in the Jackson community. Reviewers expressed gratitude for the commitment demonstrated by the team, highlighting their efforts to uplift and support local initiatives.

Overall, there is a genuine sense of satisfaction and optimism about the nonprofit’s impact on the community, indicating that it is fulfilling its promise of making a meaningful difference in the lives of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is The Anchor Initiative legitimate?

The Anchor Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Anchor Initiative 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: $133,089

For more financial information, click here


Official website here: www.jaxanchor.org

What is the mission statement of The Anchor Initiative?

The Anchor Initiative is a private sector endeavor aimed at revitalizing its downtown area. The primary objective of this initiative is to transform the downtown, resulting in a more lively and valued community where people can live, learn, and work. By accomplishing this mission, the initiative aspires to enhance the overall vibrancy and value of the entire community.


Official website here: www.jaxanchor.org

What is the revenue of The Anchor Initiative?

The Anchor Initiative's revenue in 2023 was $190,097.


Official website here: www.jaxanchor.org

Who are the executives of The Anchor Initiative and what are their salaries?

The average compensation at The Anchor Initiative during 2023 was $133,089. There is 1 employee and 12 volunteers at The Anchor Initiative.

Here are 12 key members and their salaries:


Randy Glick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Griffith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Kurfess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Richmond (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sturgis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrence Mierzwa (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Collins (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Erb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ermatinger (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Fleming (President Ce)
  • Compensation: $133,089
  • Related: $0
  • Other: $0


Official website here: www.jaxanchor.org

Where can I find the form 990 for The Anchor Initiative?

The Anchor Initiative's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jaxanchor.org

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

Mission Statement of The Anchor Initiative

The Anchor Initiative is a private sector endeavor committed to transforming its downtown area. Its mission is to elevate the entire community, making it a more lively, valued, and attractive place for people to live, learn, and work. By focusing on downtown transformation, The Anchor Initiative aims to contribute to the overall vitality of the community.

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Impact




October, 2024

The Anchor Initiative has significantly impacted Jackson, Michigan, by focusing on transforming its downtown area. This transformation fosters a more vibrant community, enhancing the quality of life for residents and attracting new opportunities for learning and working. By engaging in various activities aimed at revitalization, The Anchor Initiative contributes to making Jackson a more desirable place to live. Its efforts create a deeper sense of community, encourage local investment, and ultimately enhance the overall value of the downtown district, benefiting both current and future generations.




This information is meant to be a general summary of The Anchor Initiative. 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
$190,097 (2023)
Expenses
$259,619 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $97
  • Gross Receipts: $190,097

Assets and Liabilities:

  • Total Assets: $204,270
  • Total Liabilities: $2,863
  • Net Assets: $201,407

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Organization Details

Founding Year

2014

Principal Officer

Terrence Mierzwa

NTEE Category

Code: S30 - Community improvement

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