Anselm House

EIN: 411428036 501(c)(3)

Minneapolis, MN

Total Revenue
$2,123,011
Total Expenses
$3,433,215
Total Assets
$2,523,268
Net Assets
$2,456,779
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MN
Principal Officer
Bryan Bademan
Phone
6123781935
Tax Period
2022-07-01 to 2023-06-30

Anselm House, founded in 1982, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 62% operating deficit.

Mission

Anselm House exists to connect faith and knowledge with all of life, equipping students, faculty, and staff at the University of Minnesota and individuals in the Twin Cities area to lead integrated lives in Jesus Christ.

Program Service Accomplishments

Program 1
Expenses: $2,475,523 Revenue: $104,245

Christian Community Center - At Melrose Station, located in the University of Minnesota's "Stadium Village," students gather to study, socialize, and participate in Anselm House programs. Melrose...

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Christian Community Center - At Melrose Station, located in the University of Minnesota's "Stadium Village," students gather to study, socialize, and participate in Anselm House programs. Melrose Station has a small library and gallery and hosts regular weekly rhythms, including noontime prayer, afternoon tea, and weekly lunches with discussions. Partnering campus ministries are able to reserve rooms.Community Discussions - Through semester-long reading groups and short courses, as well as summer courses, the Organization fosters ongoing conversations and long-term relationships where faith and knowledge can be integrated with life.

Program 2
Expenses: $337,814

Public Events - Through events large and small, the Organization annually convenes thousands of university and community members for lectures and forums on a wide spectrum of topics in the areas of...

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Public Events - Through events large and small, the Organization annually convenes thousands of university and community members for lectures and forums on a wide spectrum of topics in the areas of health and medicine, science and engineering, education, law and public affairs, agriculture and animal science, and liberal arts and business.

Program 3
Expenses: $225,209

Fellows Program - Each year, small cohorts of undergraduate, graduate, and professional students participate in one or more Fellows programs, which are intentional Christian communities learning to...

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Fellows Program - Each year, small cohorts of undergraduate, graduate, and professional students participate in one or more Fellows programs, which are intentional Christian communities learning to see their own lives, their studies, and their world through the lens of the Christian faith. Through shared meals, facilitated conversations, retreats, communal prayer and worship, and a thoughtful Christian curriculum, the program equips students to integrate their education and faith in ways that strengthen both moral and intellectual character. A subset of fellows lives together in a residential community house.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,742,585
Program Service Revenue $104,245
Investment Income $2,256
Other Revenue $273,925
TOTAL REVENUE $2,123,011

Expense Breakdown

Grants Paid $1,912,500
Salaries & Benefits $999,932
Fundraising Expenses $195,548
Program Expenses $3,038,546
Other Expenses $520,783
TOTAL EXPENSES $3,433,215

Year-over-Year Comparison

2022 2021 Change
Revenue $2,123,011 $5,879,150 -0.6%
Expenses $3,433,215 $13,320,202 -0.7%
Net Income $-1,310,204 $-7,441,052 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
32
Volunteers
25

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
7
$156,611
Total Directors
12
$134,364
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bryan Bademan Executive Director 38.00
Officer Director
$130,450 $3,914 $134,364
Bob Georges Chair 2.00
Officer Director
$0 $0 $0
David Weerts Vice Chair 1.00
Officer Director
$0 $0 $0
Maria Wiering Secretary 1.00
Officer Director
$0 $0 $0
Earl Beitzel Treasurer (as of June '23) 1.00
Officer Director
$0 $0 $0
Christopher Waller Treasurer (thru May '23) 1.00
Officer Director
$0 $0 $0
Jason Adkins Trustee 1.00
Director
$0 $0 $0
Fr Jake Anderson Trustee 1.00
Director
$0 $0 $0
Linda Berg Trustee 1.00
Director
$0 $0 $0
Paul Mooty Trustee 1.00
Director
$0 $0 $0
John Crosby Trustee (as of June '23) 1.00
Director
$0 $0 $0
Betsy Johnson Trustee 1.00
Director
$0 $0 $0
Thomas Barclay Finance Director 18.00
Officer
$22,247 $0 $22,247
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,123,011 $3,433,215 $2,523,268 $-1,310,204
2022 $5,879,150 $13,320,202 $3,837,389 $-7,441,052
2021 $7,954,230 $877,388 $11,288,988 $7,076,842
2019 $4,670,568 $827,967 $4,437,927 $3,842,601
2018 $696,430 $560,369 $604,221 $136,061
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