Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $11,891,784

• 1f · All other contributions, gifts and grants

  $1,759,434

• 1g · Noncash contributions included above

  $1,701,268

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $54,499,200 · related or exempt $54,499,200

• 2b · Program service revenue: 340B PROGRAM CONTRACTED PHARMACIES

  total $2,799,391 · related or exempt $2,799,391

• 2c · Program service revenue: QUALITY IMPROVEMENT BONUS (MCO)

  total $4,490,046 · related or exempt $4,490,046

• 2d · Program service revenue: PRECEPTOR INCOME

  total $55,870 · related or exempt $55,870

• 2e · Program service revenue: OTHER REVENUE

  total $294,217 · related or exempt $294,217

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,163,833 · excluded $1,163,833

• 6a · Gross rents

  real property $50,291

• 6c · Rental income or loss

  real property $50,291 · personal property $0

• 6d · Net rental income or loss

  total $50,291 · excluded $50,291

• 7a · Gross sales of assets other than inventory

  securities $15,518,134 · other assets $1,050

• 7b · Less cost or other basis and sales expenses

  securities $16,336,890 · other assets $167,299

• 7c · Gain or loss

  securities -$818,756 · other assets -$166,249

• 7d · Net gain or loss

  total -$985,005 · excluded -$985,005

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: ERC REFUND

  total $1,385,608 · excluded $1,385,608

• 11b · Other revenue: LOSS ON EXTINGUISHMENT OF DEBT

  total -$6,277,650 · excluded -$6,277,650

• 11c · Other revenue: Gain on Acquisition

  total $7,858,500 · excluded $7,858,500

• 11d · All other revenue

  total -$21,187 · related or exempt $0 · unrelated business $0 · excluded -$21,187

• 11e · Other revenue, total

  $2,945,271

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $94,334 · program services $94,334

• 5 · Compensation of officers, directors and key employees

  total $2,885,523 · program services $736,979 · management and general $2,148,544

• 6 · Compensation of disqualified persons

  total $511,270 · program services $294,647 · management and general $216,623

• 7 · Other salaries and wages

  total $38,765,175 · program services $37,784,181 · management and general $643,572 · fundraising $337,422

• 8 · Pension plan contributions

  total $1,160,794 · program services $1,125,727 · management and general $31,117 · fundraising $3,950

• 9 · Other employee benefits

  total $7,019,879 · program services $6,549,205 · management and general $448,320 · fundraising $22,354

• 10 · Payroll taxes

  total $2,951,932 · program services $2,730,059 · management and general $212,725 · fundraising $9,148

• 11b · Fees: legal

  total $211,771 · management and general $211,771

• 11c · Fees: accounting

  total $268,262 · management and general $268,262

• 11d · Fees: lobbying

  total $2,882 · management and general $2,882

• 11g · Fees: other

  total $6,069,861 · program services $5,923,756 · management and general $146,105 · fundraising $0

• 12 · Advertising and promotion

  total $2,701 · program services $1,994 · management and general $707

• 13 · Office expenses

  total $1,821,055 · program services $1,691,418 · management and general $126,937 · fundraising $2,700

• 14 · Information technology

  total $2,236,857 · program services $1,814,333 · management and general $422,524

• 16 · Occupancy

  total $2,752,729 · program services $2,440,949 · management and general $301,980 · fundraising $9,800

• 17 · Travel

  total $524,744 · program services $473,991 · management and general $50,753

• 19 · Conferences, conventions and meetings

  total $89,023 · program services $70,069 · management and general $18,954

• 20 · Interest

  total $1,033,021 · program services $821,921 · management and general $211,100

• 22 · Depreciation, depletion and amortization

  total $2,431,571 · program services $2,114,137 · management and general $317,434

• 23 · Insurance

  total $294,353 · program services $257,536 · management and general $36,817

• 24a · Other expenses: DRUGS & MEDICAL SUPPLIES

  total $3,729,720 · program services $3,729,720

• 24b · Other expenses: PATIENT EXPENSES

  total $1,500,604 · program services $1,499,122 · management and general $1,482

• 24c · Other expenses: RECRUITMENT COSTS

  total $510,993 · program services $389,874 · management and general $121,119

• 24d · Other expenses: REPAIRS & MAINTENANCE

  total $441,469 · program services $396,136 · management and general $45,333

• 24e · All other expenses

  total $405,843 · program services $341,828 · management and general $64,015 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $99,000 · end of year $2,615,316

• 2 · Savings and temporary cash investments

  beginning of year $22,599,627 · end of year $16,662,870

• 3 · Pledges and grants receivable

  beginning of year $758,861 · end of year $1,115,367

• 4 · Accounts receivable

  beginning of year $11,769,637 · end of year $11,636,233

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $24,857,650 · end of year $33,379,200

• 8 · Inventories for sale or use

  beginning of year $273,654 · end of year $271,441

• 9 · Prepaid expenses and deferred charges

  beginning of year $703,954 · end of year $1,055,684

• 10a · Land, buildings and equipment: cost or other basis

  $51,546,786

• 10b · Land, buildings and equipment: accumulated depreciation

  $24,409,221

• 10c · Land, buildings and equipment, net

  beginning of year $19,863,332 · end of year $27,137,565

• 11 · Investments: publicly traded securities

  beginning of year $13,044,711 · end of year $4,716,890

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $4,072,821 · end of year $11,923,244

• 17 · Accounts payable and accrued expenses

  beginning of year $6,865,646 · end of year $5,553,510

• 19 · Deferred revenue

  beginning of year $7,507,062 · end of year $6,031,882

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $11,267,566 · end of year $17,771,555

• 25 · Other liabilities

  beginning of year $8,635,843 · end of year $9,424,928

• 27 · Net assets without donor restrictions

  beginning of year $63,370,424 · end of year $71,447,511

• 28 · Net assets with donor restrictions

  beginning of year $396,706 · end of year $284,424

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

C. DEAN GERMANO, CEO, IS COVERED BY A 457(F) SUPPLEMENTAL RETIREMENT AGREEMENT FROM SHASTA COMMUNITY HEALTH CENTER WHICH WAS FUNDED THIS YEAR BY $33,453. C. DEAN GERMANO RECEIVED A DISTRIBUTION OF $491,535, WHICH WAS VESTED IN THE CURRENT YEAR AND WAS INCLUDED IN HIS W-2. $491,535 OF THE TOTAL VESTED AMOUNT WAS REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990. THIS FUND WAS CLOSED OUT WHEN DEAN RETIRED IN MARCH OF 2024.

Schedule J, Part I, Line 7 Non-fixed payments

SENIOR MANAGEMENT BONUSES ARE DETERMINED EACH YEAR BASED ON INTERNAL METRICS AND INDIVIDUAL PERFORMANCE. ALL CLINICIANS GET PAID A QUARTERLY BONUS BASED ON ENCOUNTERS AND OTHER QUALITY METRICS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• CHASE NMTC SHASTA INVESTMENT FUND LLC

  NMTC FINANCING STRUCTURE · DE · income $0 · assets $0

  Directly controlled by SHASTA CHC