Form 990 for tax year 2025

Filed by ANCHOR HEALTH INITIATIVE CORPORATION.

Totals

Total revenue: $17,438,588
Total expenses: $16,938,587
Contributions and grants received: $412,537
Grants paid: $24,325
Program service revenue: $17,025,628
Investment income: $423
Other revenue: $0
Total assets, end of year: $2,637,175
Total liabilities, end of year: $4,433,893
Net assets or fund balances, end of year: -$1,796,718
Program services expenses (Part IX): $15,894,035
Management and general expenses: $792,825
Fundraising expenses: $251,727
Program service expenses (Part III): $15,894,035

Program services were 93.8% 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.

1e · Government grants (contributions)

$76,595
1f · All other contributions, gifts and grants

$335,942
2a · Program service revenue: PHARMACY

total $10,954,251 · related or exempt $10,954,251
2b · Program service revenue: MEDICAL SERVICES

total $6,034,707 · related or exempt $6,034,707
2c · Program service revenue: OTHER PROGRAM REVENUE

total $28,478 · related or exempt $28,478
2d · Program service revenue: HEALTH COLLECTIVE DISP

total $8,192 · related or exempt $8,192
3 · Investment income

total $423 · excluded $423

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $24,325 · program services $24,325
5 · Compensation of officers, directors and key employees

total $495,585 · program services $429,307 · management and general $66,278
7 · Other salaries and wages

total $3,899,823 · program services $3,430,560 · management and general $284,785 · fundraising $184,478
8 · Pension plan contributions

total $103,695 · program services $89,374 · management and general $8,667 · fundraising $5,654
9 · Other employee benefits

total $420,886 · program services $366,238 · management and general $33,421 · fundraising $21,227
10 · Payroll taxes

total $370,696 · program services $319,815 · management and general $33,243 · fundraising $17,638
11b · Fees: legal

total $90,160 · management and general $90,160
11c · Fees: accounting

total $77,884 · management and general $77,884
11g · Fees: other

total $173,543 · program services $77,720 · management and general $95,823
12 · Advertising and promotion

total $68,571 · program services $68,571
13 · Office expenses

total $408,097 · program services $377,353 · management and general $10,766 · fundraising $19,978
14 · Information technology

total $151,044 · program services $64,738 · management and general $83,554 · fundraising $2,752
16 · Occupancy

total $464,917 · program services $458,480 · management and general $6,437
17 · Travel

total $69,339 · program services $69,339
20 · Interest

total $92,931 · program services $92,931
22 · Depreciation, depletion and amortization

total $29,329 · program services $28,923 · management and general $406
23 · Insurance

total $88,975 · program services $87,743 · management and general $1,232
24a · Other expenses: PHARMACEUTICAL SERVICES

total $9,690,212 · program services $9,690,212
24b · Other expenses: BAD DEBT EXPENSE

total $206,396 · program services $206,396
24c · Other expenses: REPAIRS AND MAINTENANCE

total $12,179 · program services $12,010 · management and general $169

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $268,694 · end of year $260,384
2 · Savings and temporary cash investments

beginning of year $3,673 · end of year $3,534
3 · Pledges and grants receivable

beginning of year $62,380 · end of year $17,333
4 · Accounts receivable

beginning of year $573,896 · end of year $871,922
7 · Other notes and loans receivable

beginning of year $36,042 · end of year $16,509
8 · Inventories for sale or use

beginning of year $192,703 · end of year $111,771
10a · Land, buildings and equipment: cost or other basis

$487,975
10b · Land, buildings and equipment: accumulated depreciation

$310,919
10c · Land, buildings and equipment, net

beginning of year $171,858 · end of year $177,056
15 · Other assets

beginning of year $1,179,144 · end of year $1,178,666
17 · Accounts payable and accrued expenses

beginning of year $1,222,096 · end of year $1,369,151
22 · Loans and payables to officers and key people

beginning of year $1,025,079 · end of year $790,079
24 · Unsecured notes and loans payable

beginning of year $1,287,603 · end of year $1,029,384
25 · Other liabilities

beginning of year $1,237,192 · end of year $1,245,279
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year -$2,283,580 · end of year -$1,796,718

Mission and programs · 2025

Mission

ANCHOR HEALTH IS CONNECTICUT'S LEADING HEALTH CENTER FOR THE LGBTQ COMMUNITY. WE PROVIDE GROUNDBREAKING, RADICALLY INCLUSIVE, GENDER-AFFIRMING, AND SEX-POSITIVE MEDICAL, MENTAL HEALTH, AND PHARMACY CARE AS WELL AS SUPPORTIVE SERVICES TO THOUSANDS OF PATIENTS ACROSS CONNECTICUT AND BEYOND. ANCHOR HEALTH CONTINUOUSLY WORKS TO ADVANCE HEALTH EQUITY FOR LGBTQ PEOPLE THROUGH ADVOCACY, COMMUNITY-BUILDING, EDUCATION, AND RESEARCH. WE ARE HEALTH CARE FOR QUEER PEOPLE BY QUEER PEOPLE.

ANCHOR HEALTH PHARMACY'S MISSION IS TO DISPENSE MEDICATIONS TO UNDER-SERVED PATIENT POPULATIONS IN CONJUNCTION WITH THE CLINICAL CARE RECEIVED FROM THE ANCHOR HEALTH CLINIC. THIS SPECIFICALLY INCLUDES PATIENTS WITH HIV AND SEEKING GENDER AFFIRMING CARE/TRANSGENDER ASSISTANCE.

Expenses $8,032,801 · Grants $12,456 · Revenue $10,962,443
ANCHOR HEALTH INITIATIVE CORP. OPERATES TWO CLINICS THAT PROVIDE MEDICAL SERVICES TO THE LGBTQ+ COMMUNITY AS WELL AS OTHER UNDER-SERVED PATIENT POPULATIONS, WITH SERVICES INCLUDING GENERAL CHECKUPS, GENDER AFFIRMING CARE, SEXUAL HEALTH MEDICAL SERVICES, AND HIV CARE.

Expenses $7,861,234 · Grants $11,869 · Revenue $6,063,185

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

PATRICIA CHADWICK

TREASURER/CFO/CEO

Total calculated

$0

Hours/week

40
PETER KELLY

BOARD CHAIR

Total calculated

$0

Hours/week

6
MICHAEL CRISP

VICE BOARD CHAIR. THRU NOV 2025

Total calculated

$0

Hours/week

2
DAVID GRIMES

SECRETARY

Total calculated

$0

Hours/week

2
SHARON WALKER EPPS

BOARD MEMBER

Total calculated

$0

Hours/week

2
KRISTIN CAMPANELLI

BOARD MEMBER

Total calculated

$0

Hours/week

2
STEPHEN CHUKUMBA

BOARD MEMBER, THRU JUN 2025

Total calculated

$0

Hours/week

2
ALISON COLE

BOARD MEMBER, THRU MAY 2025

Total calculated

$0

Hours/week

2
JEAN DOYEN DE MONTAILLOU

BOARD MEMBER

Total calculated

$0

Hours/week

2
MAEVE DUVALLY

BOARD MEMBER

Total calculated

$0

Hours/week

2
IAN STUART MEYERS

BOARD MEMBER

Total calculated

$0

Hours/week

2
NGOZI NNAJI

BOARD MEMBER

Total calculated

$0

Hours/week

2
JOHAN SANTIAGO-PAGAN

BOARD MEMBER

Total calculated

$0

Hours/week

2
CHRISTOPHER ADAMS

CHIEF OPERATING OFFICER

Total calculated

$220,926

From this org

$209,487

From related orgs

$0

Other

$11,439

Hours/week

40

Schedule J breakdown matched by us

Base

$204,451

Bonus

$5,000

Other

$36

Deferred

$9,641

Nontaxable benefits

$1,798

Filer's total

$220,926
JOSEPH X CANARIE

CHIEF MEDICAL OFFICER

Total calculated

$274,659

From this org

$251,063

From related orgs

$0

Other

$23,596

Hours/week

40

Schedule J breakdown matched by us

Base

$246,009

Bonus

$5,000

Other

$54

Deferred

$9,621

Nontaxable benefits

$13,975

Filer's total

$274,659
SHARON SUTTON ALKERSTEDT

APRN

Total calculated

$197,665

From this org

$169,770

From related orgs

$0

Other

$27,895

Hours/week

40

Schedule J breakdown matched by us

Base

$167,270

Bonus

$2,500

Other

$0

Deferred

$7,633

Nontaxable benefits

$20,262

Filer's total

$197,665
JENNIFER SUSKI

APRN

Total calculated

$185,899

From this org

$166,067

From related orgs

$0

Other

$19,832

Hours/week

40

Schedule J breakdown matched by us

Base

$163,534

Bonus

$2,500

Other

$33

Deferred

$5,522

Nontaxable benefits

$14,310

Filer's total

$185,899
LORNA SEYBOLT

PHYSICIAN

Total calculated

$191,651

From this org

$160,836

From related orgs

$0

Other

$30,815

Hours/week

40

Schedule J breakdown matched by us

Base

$158,138

Bonus

$2,500

Other

$198

Deferred

$7,342

Nontaxable benefits

$23,473

Filer's total

$191,651

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

7 · Other non-fixed payments

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
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7: EMPLOYEES OF THE ORGANIZATION RECEIVED BOARD DISCRETIONARY BONUSES IN THEIR 2025 W-2S AS REPORTED IN PART II, COLUMN (B)(II).

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

GREENWICH SYMPHONY ORCHESTRA INC

$10,000

SEASON OPENER SPONSORSHIP

Provenance

Return type: form_990
Tax year: 2025
IRS schema version: 2025v4.2
Source object: 202642319349301514

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