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Nonprofit · EIN 83-2527455

ANCHOR MINISTRIES INC

Tax-exempt · RACINE, WI 53406

Financials

$1M$873K2023$928K$938K2024$1.1M$941K2025
Revenue Expenses · by fiscal year end
Financials of ANCHOR MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,071,660$940,711$130,949$738,076$2,941$735,135
December 31, 2024990$928,030$937,857-$9,827$608,074$3,886$604,188
December 31, 2023990$1,046,412$872,508$173,904$760,345$146,331$614,014
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$109,471
Program service revenue
$952,738
Investment income
$451
Other revenue
$9,000

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$41,907
Compensation of officers, directors and key employees
$661,056
Salaries, compensation and benefits (total)
$714,063
Professional fundraising fees
$0
Accounting fees
$2,454
Occupancy
$17,617
Travel
$68,504
Depreciation
$12,460
Program services (functional)
$657,279
Management and general (functional)
$283,432

Balance sheet and other

Total assets, start of year
$608,074
Total assets, end of year
$738,076
Total liabilities, end of year
$2,941
Net assets, end of year
$735,135
Land, buildings and equipment
$217,633
Gross receipts
$1,071,660
Employees
0
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHELE MCGARRYChief Exec Officer
Key employee
0$96,333
LYNDA DEPOPPECOO
Key employee
0$81,226
HOWARD PETERSONBoard of Directors
Key employee
0$26,323
WILLEM VANDERHENGSTPresident
Trustee or director, Officer
0$0
MARYKA VANDERHENGSTSecretary
Trustee or director, Officer
0$0
DAVID KRAUSEVPTreasurer
Trustee or director, Officer
0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
MICHELE MCGARRYChief Exec Officer
Key employee
0$93,247
LYNDA DEPOPPECOO
Key employee
0$83,564
HOWARD PETERSONBoard of Directors
Key employee
0$34,126
WILLEM VANDERHENGSTPresident
Trustee or director, Officer
0$0
MARYKA VANDERHENGSTSecretary
Trustee or director, Officer
0$0
DAVID KRAUSEVPTreasurer
Trustee or director, Officer
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MICHELE MCGARRYChief Exec Officer
Key employee
–$89,344
LYNDA DEPOPPECOO
Key employee
–$76,846
HOWARD PETERSONBoard of Directors
Key employee
–$57,326
WILLEM VANDERHENGSTPresident
Trustee or director, Officer
–$0
MARYKA VANDERHENGSTSecretary
Trustee or director, Officer
–$0
DAVID KRAUSEVPTreasurer
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
6216 WASHINGTON AVE A-1, RACINE, WI 53406-5658
In care of
% DAVID KRAUSE
Principal officer (990 for 2025)
David Krause, 520 Hayes Ave, Racine, WI 53405
Signed the 990
DAVID KRAUSE, Vice President
Phone
(734) 765-1966
Return prepared by
Sharon W Duckworth CPA PLLC

Mission

Providing individualized support and guidance to individuals with intellectual and development disabilities promoting continued growth and encourage independence.

990 for the year ended December 31, 2025

Program accomplishments

  • Providing a residence for individuals with developmental and intellectual development disabilities.
    Expenses $935,825 · revenue $1,071,660

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2527455
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$738,076
Income (IRS master file)
$1,071,660

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,071,660$940,711$738,076XML
990December 2024$928,030$937,857$608,074XML
990December 2023$1,046,412$872,508$760,345XML
990December 2022$914,073$835,091$588,766IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2527455).

Questions about ANCHOR MINISTRIES INC

What is the EIN of ANCHOR MINISTRIES INC?
The employer identification number (EIN) of ANCHOR MINISTRIES INC is 83-2527455.
Is ANCHOR MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ANCHOR MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANCHOR MINISTRIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ANCHOR MINISTRIES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ANCHOR MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ANCHOR MINISTRIES INC?
The 990 for the year ended December 31, 2025 names David Krause.
Who are the officers and directors of ANCHOR MINISTRIES INC?
The 990 for the year ended December 31, 2025 lists 6 people; 3 received compensation from the organization, the highest $96,333 (MICHELE MCGARRY, Chief Exec Officer).
How much revenue does ANCHOR MINISTRIES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,071,660, expenses of $940,711 and total assets of $738,076 at year end.

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