Overview
What is Anchor Health Initiative Corp?
Anchor Health Initiative Corp, located at 30 Myano Lane 16, Stamford, CT 06902, is a dedicated nonprofit organization that focuses on improving the health and well-being of underrepresented communities, including individuals with HIV/AIDS and those seeking transgender assistance. Their mission encompasses providing mental health counseling, medical healthcare services, and dispensing medications. Beyond medical care, they aim to create a safe, welcoming, and affirming space for lesbian, gay, bisexual, transgender, queer, and gender non-conforming individuals, offering evidence-based care to promote their overall health and wellness. With a staff of 27, Anchor Health Initiative Corp serves as a beacon of support and compassion to those in need.
Official website here: www.anchorhealthct.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Anchor Health Initiative Corp has received a solid Three-Star rating from Charity Navigator, primarily based on its Accountability & Finance score. The organization excelled in key areas such as having a fully independent board, a robust audit and oversight committee, and no material diversion of assets, indicating strong governance and financial management practices.
The charity has demonstrated excellent program expense efficiency, with approximately 83.85% of its expenditures going directly to its programs. This suggests a commitment to maximizing the impact of donations received, potentially enhancing the trust of its supporters and benefactors in the organization’s mission.
While the rating reflects a strong foundation in accountability, it is important for potential donors to look for comprehensive evaluations that include other performance metrics. The absence of additional beacons in the overall score may limit a complete understanding of the charity’s effectiveness and impact beyond financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Anchor Health Initiative Corp legitimate?
Anchor Health Initiative Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor Health Initiative 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: $601,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,581,108
For more financial information, click here
Official website here: www.anchorhealthct.org/
What is the mission statement of Anchor Health Initiative Corp?
Anchor Health Initiative Corp's mission is centered around promoting and enhancing the health and wellbeing of individuals identifying as lesbian, gay, bisexual, transgender, queer, and gender non-conforming. They achieve this goal by offering compassionate, comprehensive, and evidence-based care in a safe, welcoming, and affirming environment. Their services extend to mental health counseling, medical healthcare, and the dispensation of medications, catering specifically to underserved populations, including those living with HIV/AIDS and those seeking transgender assistance.
Official website here: www.anchorhealthct.org/
Who is the CEO of Anchor Health Initiative Corp?
Patricia W Chadwick is the Board Chair of Anchor Health Initiative Corp. The CEO's salary of Anchor Health Initiative Corp is $0 and their total compensation is $0.
Official website here: www.anchorhealthct.org/
What is the revenue of Anchor Health Initiative Corp?
Anchor Health Initiative Corp's revenue in 2022 was $6,324,302.
Official website here: www.anchorhealthct.org/
Who are the executives of Anchor Health Initiative Corp and what are their salaries?
The average compensation at Anchor Health Initiative Corp during 2022 was $80,855. There are 27 employees and 7 volunteers at Anchor Health Initiative Corp.
Here are 12 key members and their salaries (Anchor Health Initiative Corp's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $113,307
- Related: $0
- Other: $20,328
- Compensation: $226,947
- Related: $0
- Other: $23,008
- Compensation: $196,898
- Related: $0
- Other: $21,850
- Compensation: $154,961
- Related: $0
- Other: $16,285
- Compensation: $136,004
- Related: $0
- Other: $18,855
Official website here: www.anchorhealthct.org/
Where can I find the form 990 for Anchor Health Initiative Corp?
Anchor Health Initiative Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anchorhealthct.org/
Learn more at the official website: www.anchorhealthct.org/
Mission Statement of Anchor Health Initiative Corp
Anchor Health Initiative Corp is committed to promoting the health and wellbeing of individuals identifying as lesbian, gay, bisexual, transgender, queer, and gender non-conforming. They accomplish this mission by offering compassionate, comprehensive, and evidence-based care in a safe, welcoming, and affirming environment. This organization goes beyond providing medical healthcare services and dispensing medications; it also offers mental health counseling, specifically catering to underserved patient populations, including those living with HIV/AIDS and those seeking transgender assistance. By embracing and advocating for the health needs of these communities, Anchor Health Initiative Corp plays a vital role in fostering a supportive environment where everyone can thrive.
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Impact
July, 2024
Anchor Health Initiative Corp's impact can be seen in its provision of mental health counseling, medical healthcare services, and dispensing medications to underserved patient populations, including those with AIDS and those seeking transgender assistance. The organization's mission is to embrace and promote the health and well-being of LGBTQ+ individuals through compassionate, comprehensive, and evidence-based care in a safe, welcoming, and affirming space. By addressing the specific healthcare needs of marginalized communities, Anchor Health Initiative Corp contributes to improving the overall health and quality of life for individuals who may face barriers to accessing essential services elsewhere.
This information is meant to be a general summary of Anchor Health Initiative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $824
- Program Service Revenue: $5,732,090
- Gross Receipts: $6,324,302
Assets and Liabilities:
- Total Assets: $1,128,506
- Total Liabilities: $2,388,750
- Net Assets: -$1,260,244
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHARMACY
Revenue
$4,863,786
MEDICAL SERVICES
Revenue
$868,304
Organization Details
Founding Year
2016
Phone
(203) 674-1102Principal Officer
Patricia W Chadwick
Main Address
30 MYANO LANE 16, STAMFORD, CT, 06902
Website
www.anchorhealthct.org/NTEE Category
Code: E30 - Health
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