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Nonprofiteer
← ANCHOR HOUSE INC

Form 990 for tax year 2024

Filed by ANCHOR HOUSE INC.

Totals

Total revenue
$4,357,309
Total expenses
$3,255,880
Contributions and grants received
$4,256,205
Grants paid
$174,595
Program service revenue
$0
Investment income
$92,648
Other revenue
$8,456
Total assets, end of year
$5,766,755
Total liabilities, end of year
$261,011
Net assets or fund balances, end of year
$5,505,744
Program services expenses (Part IX)
$2,855,366
Management and general expenses
$328,623
Fundraising expenses
$71,891
Program service expenses (Part III)
$2,855,366

Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $525,000

  • 1e · Government grants (contributions)

    $2,009,126

  • 1f · All other contributions, gifts and grants

    $1,722,079

  • 3 · Investment income

    total $101,094 · excluded $101,094

  • 7a · Gross sales of assets other than inventory

    other assets $5,033

  • 7b · Less cost or other basis and sales expenses

    other assets $13,479

  • 7c · Gain or loss

    other assets -$8,446

  • 7d · Net gain or loss

    total -$8,446 · excluded -$8,446

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $8,456 · excluded $8,456

  • 11e · Other revenue, total

    $8,456

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $174,595 · program services $174,595

  • 5 · Compensation of officers, directors and key employees

    total $185,059 · program services $138,794 · management and general $46,265

  • 7 · Other salaries and wages

    total $1,616,917 · program services $1,491,187 · management and general $125,730

  • 8 · Pension plan contributions

    total $30,742 · program services $28,684 · management and general $2,058

  • 9 · Other employee benefits

    total $415,182 · program services $378,874 · management and general $36,308

  • 10 · Payroll taxes

    total $48,448 · program services $43,914 · management and general $4,534

  • 11c · Fees: accounting

    total $23,700 · management and general $23,700

  • 11e · Fees: professional fundraising services

    total $71,891 · fundraising $71,891

  • 11g · Fees: other

    total $36,629 · program services $18,492 · management and general $18,137

  • 13 · Office expenses

    total $80,842 · program services $60,197 · management and general $20,645

  • 14 · Information technology

    total $41,406 · program services $32,375 · management and general $9,031

  • 16 · Occupancy

    total $89,578 · program services $80,620 · management and general $8,958

  • 22 · Depreciation, depletion and amortization

    total $106,303 · program services $95,673 · management and general $10,630

  • 23 · Insurance

    total $79,752 · program services $71,777 · management and general $7,975

  • 24a · Other expenses: MAINTENANCE AND REPAIRS

    total $69,985 · program services $62,986 · management and general $6,999

  • 24b · Other expenses: DIRECT GRANT EXPENSES

    total $69,607 · program services $69,607

  • 24c · Other expenses: PROGRAM SUPPLIES

    total $55,302 · program services $55,302

  • 24d · Other expenses: TRANSPORTATION

    total $19,035 · program services $19,035

  • 24e · All other expenses

    total $40,907 · program services $33,254 · management and general $7,653

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,050 · end of year $4,087

  • 2 · Savings and temporary cash investments

    beginning of year $2,479,322 · end of year $3,592,408

  • 3 · Pledges and grants receivable

    beginning of year $221,160 · end of year $152,409

  • 9 · Prepaid expenses and deferred charges

    beginning of year $66,032 · end of year $83,714

  • 10a · Land, buildings and equipment: cost or other basis

    $3,281,318

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,417,770

  • 10c · Land, buildings and equipment, net

    beginning of year $1,872,639 · end of year $1,863,548

  • 15 · Other assets

    beginning of year $33,532 · end of year $70,589

  • 17 · Accounts payable and accrued expenses

    beginning of year $191,824 · end of year $180,389

  • 25 · Other liabilities

    beginning of year $77,596 · end of year $80,622

  • 27 · Net assets without donor restrictions

    beginning of year $4,266,715 · end of year $5,390,012

  • 28 · Net assets with donor restrictions

    beginning of year $137,600 · end of year $115,732

Mission and programs · 2024

Mission

Anchor House Inc.'s mission is to provide youth and young adults who are experiencing abuse, neglect, homelessness, or are aging out of the child welfare system with comprehensive services that offer them and their families the support they need to succeed and thrive.

  • The Anchor House Shelter provides a full spectrum of services to youth under 18 and their families, 24 hours a day, 365 days a year. Services to youth include safety plans, temporary shelter, food, clothing, crisis intervention, coordinated case management, individual, group and family counseling, access to medical, dental and mental health care, life skills education, school outreach, transportation, and aftercare. There was a 58% increase in Shelter residents in 2025 compared to 2024.The Anchor House School Outreach Program offers confidential, comprehensive support services to schools and community organizations throughout Mercer County and educational assistance to Anchor House youth. Anchor House employs a School Outreach Counselor to coordinate these efforts and to connect with guidance counselors and the Homeless Liaisons throughout Mercer County to provide individual and group counseling to students in an effort to keep youth in school and off the streets. All Shelter youth are checked in with regarding school situations like attendance and grades and all youth are offered homework help if needed. This programming continues to grow with 331 youth served in 2024 and 553 in 2025.

    Expenses $847,591 · Grants $2,418

  • Anchor House's Street Outreach Program (SOP) serves young people ages 14-21 who are experiencing homelessness, have run away, or are in crisis. Through direct street outreach, staff build trusting relationships by offering basic needs such as food and clothing and connecting youth to shelter, safe housing, and supportive services that reduce risk of exploitation and promote stability and self-sufficiency. A Drop-In Center located at 868 Brunswick Avenue in Trenton complements the work being done on the streets where youth who are experiencing homelessness, living on the streets or at-risk of becoming homeless can frequent for meals, laundry, case management services and have access to email/Internet and a phone. Anchor House runs three programs in conjunction with the Trenton/Mercer Continuum of Care (CoC): two Rapid Rehousing Programs including one designed to meet the needs of LGBTQI+ youth that launched in July 2024, and Coordinated Entry Assessment System (CEAS). Anchor House started our first Rapid Rehousing program in 2009 to serve youth ages 18-24 who are HUD-eligible for supportive housing. The program provides rental assistance along with comprehensive support services, including case management, employment and educational assistance, life skills training, housing counseling, and assistance with housing searches. In July 2024, Anchor House launched a new Rapid Rehousing program specifically designed to meet the needs of youth who identify as LGBTQI+, a population that experiences disproportionately high rates of homelessness. Anchor House's Coordinated Entry Assessment System (CEAS) team serves youth who are homeless, ages 18-24. CEAS works closely with all community partners serving this population to streamline and coordinate the navigation of youth through housing assessments and services, community and street outreach, crisis intervention and case management, and referrals to social service agencies. This team is integrated into the City of Trenton's Coordinated Entry and Assessment System under the CoC. Youth are encouraged to participate on our Youth Advisory Council (YAC) where they can contribute to service planning, program development, and evaluation at Anchor House, and advocate on behalf of young people experiencing homelessness and other related issues on a broader scale.

    Expenses $747,560 · Grants $107,404

  • The Anchorage Transitional Living Program provides shelter, food, clothing, medical attention, psychological evaluations, therapy, individual and group counseling, life skills training, employment and educations services to homeless youth ages 18-21 to ensure their successful transition to independence. Discharged youth transitioned into safe, permanent housing. Staff help youth secure other resources such as wraparound funds for furniture and other necessities, and scholarships for college.

    Expenses $646,123 · Grants $5,918

  • Our Connect to Home (CTH) Program is designed for youth that are aging out of the child welfare system or may have been previously involved in the system and have experienced homelessness. CTH provides supportive services and apartments through Housing Choice Vouchers for Section 8 Housing for up to 20 youth. CTH has been serving an increasing number of children through this program as several residents are parenting youth (59% in 2024, 70% in 2025). Our Life Skills Program served youth referred by the NJ Department of Child Protection and Permanency (DCP&P). The program concluded on June 30, 2025, following DCP&P's decision to end the initiative statewide. Anchor House continues to offer life skills programming in all of our residential programs.

    Expenses $477,063 · Grants $58,385

  • Anchor Line Transitional Apartment Program provides apartments for youth experiencing homelessness, ages 18-21. Youth receive life skills training, employment and education assistance, medical and mental health access and therapeutic counseling. Youth are taught how to advocate for themselves, access supportive services, and obtain and retain employment.

    Expenses $137,029 · Grants $470

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kristie Sells

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Elaine Tanimura

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Denise Bard

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Russell J Buckley

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Richard C Belli Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Huma Ahsan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James P Donzi Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anupama Rao Bangalore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Debra Lowe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christine Sadovy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Arthur Roman Sypek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sebella Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sandra Griffiths

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kimber-Lise McNear

    EXECUTIVE DIRECTOR

    Total calculated
    $182,096
    From this org
    $160,794
    From related orgs
    $0
    Other
    $21,302
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,294
    Bonus
    $12,500
    Other
    $0
    Deferred
    $5,164
    Nontaxable benefits
    $16,138
    Filer's total
    $182,096
  • Karen Stettner

    DIRECTOR OF FINANCE

    Total calculated
    $124,409
    From this org
    $102,847
    From related orgs
    $0
    Other
    $21,562
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 April 2026
IRS schema version
2024v5.5
Source object
202631129349300948

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