Civic Intelligence

Anchor Housing Corporation

EIN 82-4639963 • 501(c)3 • Matthews, NC

Profile

Anchor housing corporation was organized under the laws of the state of south carolina for the purpose of developing and operating a 56 unit apartment complex known as harry c. White manor.

300 East John Street 138Matthews, NC 28105

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-27%

Higher net margin than 32% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$0

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE L22 • $1M-$5M nonprofits • Source year 2024

Asset Growth

87th percentile

3.4%

Faster asset growth than 87% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

81%

Faster revenue growth than 97% of similar nonprofits.

NTEE L22 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$3,868,448

Up $126,028 (+3.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,868,448

Up $126,028 (+3.4%) from 2023

Operations
Liabilities / Revenue3rd percentileNet Margin32nd percentile

Revenue

Up

$89,310

Up $39,965 (+81%) from 2023

Expenses

Down

$113,282

Down $4,823 (-4.1%) from 2023

Net Income

Up

-$23,972

Up $44,788 (+65%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2019: $1,721,079Liabilities 2019: $1,675,158Net Assets 2019: $45,9212019Assets 2020: $1,744,419Liabilities 2020: $1,632,192Net Assets 2020: $112,2272020Assets 2021: $1,607,000Liabilities 2021: $1,566,395Net Assets 2021: $40,6052021Assets 2022: $3,811,180Liabilities 2022: $0Net Assets 2022: $3,811,1802022Assets 2023: $3,742,420Liabilities 2023: $0Net Assets 2023: $3,742,4202023Assets 2024: $3,868,448Liabilities 2024: $0Net Assets 2024: $3,868,4482024

Highlighted filing

2024

Assets$3,868,448
Liabilities$0
Net Assets$3,868,448
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $181,808Expenses 2019: $177,582Net Income 2019: $4,2262019Revenue 2020: $569,456Expenses 2020: $503,150Net Income 2020: $66,3062020Revenue 2021: $660,594Expenses 2021: $733,222Net Income 2021: -$72,6282021Revenue 2022: $5,045,711Expenses 2022: $1,275,136Net Income 2022: $3,770,5752022Revenue 2023: $49,345Expenses 2023: $118,105Net Income 2023: -$68,7602023Revenue 2024: $89,310Expenses 2024: $113,282Net Income 2024: -$23,9722024

Highlighted filing

2024

Revenue$89,310
Expenses$113,282
Net Income-$23,972
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,868,448
Liabilities
$0
Net assets
$3,868,448
Revenue
$89,310
Expenses
$113,282
Net income
-$23,972
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$0.00$3.87$0.09$0.11$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$0.00$3.74$0.05$0.12$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.00$3.81$5.05$1.28$3.77
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$1.57$0.04$0.66$0.73$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$1.63$0.11$0.57$0.50$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$1.68$0.05$0.18$0.18$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 27, 2025
Return Version
2024v5.1
Gross Receipts
$89,310
Mission and Program Overview

Mission

Anchor housing corporation was organized under the laws of the state of south carolina for the purpose of developing and operating a 56 unit apartment complex known as harry c. White manor.

Anchor housing corporation was organized under the laws of the state of south carolina for the purpose of developing and operating elderly affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,455,991$2,524,781▲ $68,790
Accounts Receivable$410,734$683,120▲ $272,386
Cash and Non-Interest-Bearing Accounts$875,695$660,547▼ $215,148
Total Assets$3,742,420$3,868,448▲ $126,028
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,742,420$3,868,448▲ $126,028
Total Net Assets Fund Balance$3,742,420$3,868,448▲ $126,028
Total Liabilities and Net Assets / Fund Balance$3,742,420$3,868,448▲ $126,028
Compensation and Service Providers
Top Officer Pay65th percentile

Board Members and Trustees

NameTitle
Dottie TroxlerChair
Amanda SchrumPresident
Darlisa KingMember
Theresa HigdonMember
Tracy BadescuMember
Nicole TroxlerSecretary
Michael JameysonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$89,310
Other Revenue
$0
Change in Net Assets
$-23,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,282
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$4,000--$4,000
Fees for Services Accounting-$3,145-$3,145
Other Expenses$5,993$75-$75
Fees for Services Legal$69--$69
Total Functional Expenses$110,062$3,220$0$113,282
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board chair, dottie troxler, is the mother of board member nicole troxler. Board treasurer, michael jameyson is the father of board member tracy badescu.”

Form 990, Part VI, Section A, Line 3

“The board of directors has delegated the management of the rental apartments to multifamily select, inc. The affordable housing apartment complex is regulated by the u.s. Department of housing and urban development as to rent charges and operating methods. The management company was chosen due to its experience in management under these guidelines.”

Form 990, Part VI, Section B, Line 11B

“The president of the board reviews form 990 prior to its filing.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Anchor Housing Corporation
EIN
82-4639963
Phone
7048825415
Address
300 EAST JOHN STREET 138, MATTHEWS, NC 28105

Signing Officer

Name
Amanda Schrum
Title
President
Phone
7048825415
Signed
2025-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Schrum
Formed
2019
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Casey H Patterson
Phone
3362944494
Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD CHAIR, DOTTIE TROXLER, IS THE MOTHER OF BOARD MEMBER NICOLE TROXLER. BOARD TREASURER, MICHAEL JAMEYSON IS THE FATHER OF BOARD MEMBER TRACY BADESCU.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO MULTIFAMILY SELECT, INC. THE AFFORDABLE HOUSING APARTMENT COMPLEX IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. THE MANAGEMENT COMPANY WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT OF THE BOARD REVIEWS FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMANDA SCHRUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANCHOR HOUSING CORPORATION
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560571159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD ROBINSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 19608
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0274199608
ReturnHeader/PreparerPersonGrp/PhoneNum03362944494
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASEY H PATTERSON
ReturnHeader/ReturnTs02025-05-28T13:47:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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