ANCHORAGE RESIDENTS ASSOCIATION INC

EIN: 132647330 Housing & Shelter

NEW ROCHELLE, NY

Total Revenue
$61,432
Total Expenses
$73,537
Total Assets
$62,035
Net Assets
$61,853
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NY
Principal Officer
GARY OLT
Phone
9144500400
Tax Period
2025-01-01 to 2025-12-31

ANCHORAGE RESIDENTS ASSOCIATION INC, founded in 1969, is a micro nonprofit in the Housing & Shelter sector that reported $61K in total revenue in fiscal year 2025. Expenses of $74K exceeded revenue, resulting in a 20% operating deficit.

Mission

THIS IS AN ASSOCIATION FOR THE BENEFIT OF THE HOMEOWNERS; 33 HOUSES PAY DUES FOR THE MAINTENANCE OF THE COMMON FACILITIES SUCH AS THE POOL & MARINA WHICH ARE DEEDED AT PURCHASE.

Program Service Accomplishments

Program 1
Expenses: $51,015

THIS IS AN ASSOCIATION FOR THE BENEFIT OF THE HOMEOWNERS; 33 HOUSES PAY DUES FOR THE MAINTENANCE OF THE COMMON FACILITIES SUCH AS THE POOL & MARINA WHICH ARE DEEDED AT PURCHASE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $58,290
Investment Income $3,142
Other Revenue $0
TOTAL REVENUE $61,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,315
Fundraising Expenses $0
Program Expenses $57,077
Other Expenses $60,222
TOTAL EXPENSES $73,537

Year-over-Year Comparison

2025 2024 Change
Revenue $61,432 $60,452 +0.0%
Expenses $73,537 $80,405 -0.1%
Net Income $-12,105 $-19,953 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE ALEXIOU VICE PRESIDE N/A
Officer Director
$0 $0 $0
ALBERT BURCHMAN PRESIDENT N/A
Officer Director
$0 $0 $0
ROBERT DIGNELLI DIRECTOR N/A
Director
$0 $0 $0
ERICH HOFFMAN DIRECTOR N/A
Director
$0 $0 $0
ANNA MAGNOLI SECRETARY N/A
Director
$0 $0 $0
TOM MARTIN TREASURER N/A
Director
$0 $0 $0
GARY OLT DIRECTOR N/A
Director
$0 $0 $0
PETER PAULOS DIRECTOR N/A
Director
$0 $0 $0
BILL SLADE DIRECTOR N/A
Director
$0 $0 $0
GEORGE SOLANO TREASURE N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $61,432 $73,537 $62,035 $-12,105
2024 $60,452 $80,405 $74,093 $-19,953
2023 $59,960 $54,913 $94,241 $5,047
2022 $60,670 $60,768 $89,194 $-98
2021 $56,000 $56,806 $89,292 $-806
2020 $56,067 $56,167 $90,098 $-100
2019 $57,755 $46,962 $90,198 $10,793
2018 $56,800 $54,263 $79,405 $2,537
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