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Anchor Health Initiative Corp

Stamford, CT · EIN 81-2826560 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Anchor Health Initiative Corp reported $17.4 million in revenue and $16.9 million in expenses for calendar year 2025. Of every $100 it spent, $93.83 went to program services, $4.68 to management and general costs and $1.49 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.6% of the total. The highest compensation it reported for one person was $274,659 (CHIEF MEDICAL OFFICER). 5 people received more than $100,000 in reportable compensation. Revenue rose 459% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.7%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.61$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.4%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$274,659$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.62%1.34%
People paid over $100,000
Part VII, line 2
527
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.36.6
Independent voting board members
Part VI 1a–1b
10 of 1088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$8.0M expenses · 50.5% of program spending · grants $12,456 · revenue $11M

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

$7.9M expenses · 49.5% of program spending · grants $11,869 · revenue $6.1M

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

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF MEDICAL OFFICER
Officer, 40.00 hrs/week
$251,063$0$23,596$274,659
CHIEF OPERATING OFFICER
Officer, 40.00 hrs/week
$209,487$0$11,439$220,926
APRN
Highest compensated employee, 40.00 hrs/week
$169,770$0$27,895$197,665
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$160,836$0$30,815$191,651
APRN
Highest compensated employee, 40.00 hrs/week
$166,067$0$19,832$185,899

5 people received more than $100,000 in reportable compensation from Anchor Health Initiative Corp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $496K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M2019202020212022202320242025$17M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$17M$17M93.8%−$1.8M$274,659
2024 ⓘ$11M$12M93.8%−$2.3M$268,459
2023 ⓘ$8.6M$9.1M93.1%−$1.8M$233,057
2022 ⓘ$6.3M$6.9M95.6%−$1.3M$249,955
2021 ⓘ$5.8M$5.4M77.2%−$417K$212,187
2020 ⓘ$4.8M$4.6M74.0%−$1.0M$86,114
2019 ⓘ$3.1M$2.9M68.4%−$1.2M$269,144

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 558
  • Volunteers Part I, line 615

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
INTEGRATED PHARMACY SOLUTIONS INC
Pharmacy management services
$551,019
UPS
Pharmacy shipping services
$210,881
PKF O'CONNOR DAVIES LLP
Audit & tax services
$119,972

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Anchor Health Initiative Corp totaling $26,067 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Anchor Health Initiative Corp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Anchor Health Initiative Corp, you can publish a response that is linked from this page.

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All health care charities · Largest charities in Connecticut

Questions people ask

How much of Anchor Health Initiative Corp's spending goes to programs?

In calendar year 2025, Anchor Health Initiative Corp reported that 93.8% of its $16.9 million in expenses went to program services, 4.7% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Anchor Health Initiative Corp pay its top executive?

The largest total compensation Anchor Health Initiative Corp reported for one person in calendar year 2025 was $274,659, for the role of CHIEF MEDICAL OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Anchor Health Initiative Corp get its money?

Of $17.4 million in revenue in calendar year 2025, 2.4% came from contributions and grants (including 0.4% from government grants) and 97.6% from program service revenue (Form 990, Part VIII).

Is Anchor Health Initiative Corp a registered charity?

The IRS lists EIN 81-2826560 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202642319349301514 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202503219349327405 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202403179349308450 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349316086 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213199349302606 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202122509349300837 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033189349309223 · read the filing

All filings for EIN 81-2826560: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.