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Nonprofit · EIN 87-1127482

ANCHOR HOMES

Tax-exempt · DUNBAR, WV 25064

Financials

$606K$597K2023$822K$858K2024
Revenue Expenses · by fiscal year end
Financials of ANCHOR HOMES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$822,494$857,820-$35,326$1,504,415$1,199,453$304,962
December 31, 2023990$605,967$596,660$9,307$1,446,664$1,085,278$361,386
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$506,983
Program service revenue
$272,589
Investment income
$0
Other revenue
$42,922

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$373,987
Salaries, compensation and benefits (total)
$432,947
Professional fundraising fees
$0
Legal fees
$2,679
Occupancy
$194,395
Depreciation
$48,461
Program services (functional)
$795,728
Management and general (functional)
$62,092

Balance sheet and other

Total assets, start of year
$1,446,664
Total assets, end of year
$1,504,415
Total liabilities, end of year
$1,199,453
Net assets, end of year
$304,962
Land, buildings and equipment
$1,502,588
Net assets without donor restrictions
$304,962
Gross receipts
$822,494
Employees
21
Volunteers
0
Year formed
2021
State of legal domicile
WV

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CYNTHIA HALEBOARD MEMBER
Trustee or director
1$0
JAMES CHAPMANBOARD MEMBER
Trustee or director
1$0
LARRY WOODPRESIDENT/CEO
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
LARRY WOODPRESIDENT/CEO
Officer
30$40,654$11,200
CYNTHIA HALEBOARD MEMBER
Trustee or director
1$0$0
PAUL CHAPMANBOARD MEMBER
Trustee or director
1$0$0
JAMES CHAPMANBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
137 6TH ST, DUNBAR, WV 25064-3204
In care of
% LARRY WOOD
Mailing address (990-N for 2021)
27 MICHAEL ST, SCOTT DEPOT WV 25560
Principal officer (990 for 2024)
WESLEY WOOD, 2333 MACCORKLE AVE 106, SAINT ALBANS, WV 25177
Principal officer (990-N for 2021)
LARRY WOOD, 27 MICHAEL ST, SCOTT DEPOT WV 25560
Signed the 990
WESLEY WOOD, FOUNDER
Phone
(681) 205-8548
Return prepared by
HERMAN & CORMANY CPA

Mission

ANCHOR HOMES OPERATES A FAITH-BASED RECOVERY PROGRAM AND BELIEVES IN HELPING PEOPLE OF ALL RACES, NATIONALITY, SOCIAL CLASS, RELIGION, GENDER, AND LANGUAGE WITH RECOVERY PROGRAMMING AND HOUSING. WE BELIEVE THAT THE ANSWER TO ADDICTION IS JESUS CHRIST. WHETHER PEOPLE ACCEPT JESUS CHRIST AS THEIR SAVIOR, DOES NOT AFFECT THEIR NEEDS, AND WILL NOT AFFECT OUR ACTIONS. IT IS THE ACTION OF LOVING ONE ANOTHER AS JESUS LOVES US, THAT WILL OPEN THE DOOR TO THEIR HEARTS FOR JESUS TO WALK INTO.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATE SOBER LIVING HOMES IN WEST VIRGINIA.
    Expenses $795,728 · revenue $272,589

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-1127482
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,504,415
Income (IRS master file)
$822,494

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$822,494$857,820$1,504,415XML
990December 2023$605,967$596,660$1,446,664XML
990December 2022$136,694$137,261$1,199,402IRS
990-N for 2021
Officer: LARRY WOOD
December 31, 2021≤ $50,000 receipts––e-Postcard

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 87-1127482).

Questions about ANCHOR HOMES

What is the EIN of ANCHOR HOMES?
The employer identification number (EIN) of ANCHOR HOMES is 87-1127482.
Is ANCHOR HOMES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ANCHOR HOMES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANCHOR HOMES 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 HOMES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ANCHOR HOMES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ANCHOR HOMES?
The 990 for the year ended December 31, 2024 names WESLEY WOOD.
Who are the officers and directors of ANCHOR HOMES?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ANCHOR HOMES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $822,494, expenses of $857,820 and total assets of $1,504,415 at year end.

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