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Nonprofiteer
← SHASTA REGIONAL COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by SHASTA REGIONAL COMMUNITY FOUNDATION.

Totals

Total revenue
$7,704,151
Total expenses
$6,069,264
Contributions and grants received
$5,172,959
Grants paid
$4,685,864
Program service revenue
$715,551
Investment income
$1,712,504
Other revenue
$103,137
Total assets, end of year
$39,596,490
Total liabilities, end of year
$454,899
Net assets or fund balances, end of year
$39,141,591
Program services expenses (Part IX)
$5,118,996
Management and general expenses
$382,792
Fundraising expenses
$567,476
Program service expenses (Part III)
$5,118,996

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,172,959

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $715,551 · related or exempt $715,551

  • 3 · Investment income

    total $1,331,097 · related or exempt $1,331,097

  • 7a · Gross sales of assets other than inventory

    securities $8,327,455

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

    securities $7,946,048

  • 7c · Gain or loss

    securities $381,407

  • 7d · Net gain or loss

    total $381,407 · excluded $381,407

  • 11a · Other revenue: CHANGE IN VALUE OF REMAINDER

    total $101,268 · related or exempt $101,268

  • 11b · Other revenue: CHANGE IN VALUE OF LIFE INS.

    total $1,869 · related or exempt $1,869

  • 11e · Other revenue, total

    $103,137

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,346,720 · program services $4,346,720

  • 2 · Grants to domestic individuals

    total $339,144 · program services $339,144

  • 5 · Compensation of officers, directors and key employees

    total $273,461 · program services $54,267 · management and general $26,921 · fundraising $192,273

  • 7 · Other salaries and wages

    total $361,827 · program services $183,795 · management and general $50,730 · fundraising $127,302

  • 9 · Other employee benefits

    total $84,846 · program services $31,794 · management and general $10,371 · fundraising $42,681

  • 10 · Payroll taxes

    total $49,203 · program services $18,438 · management and general $6,014 · fundraising $24,751

  • 11c · Fees: accounting

    total $64,383 · management and general $64,383

  • 11f · Fees: investment management

    total $139,359 · management and general $139,359

  • 11g · Fees: other

    total $45,233 · program services $33,058 · management and general $12,175

  • 12 · Advertising and promotion

    total $22,063 · fundraising $22,063

  • 13 · Office expenses

    total $48,156 · program services $14,446 · management and general $16,855 · fundraising $16,855

  • 14 · Information technology

    total $7,392 · program services $2,771 · management and general $903 · fundraising $3,718

  • 16 · Occupancy

    total $117,827 · program services $44,153 · management and general $14,402 · fundraising $59,272

  • 17 · Travel

    total $25,847 · program services $10,339 · management and general $10,339 · fundraising $5,169

  • 22 · Depreciation, depletion and amortization

    total $10,830 · program services $4,059 · management and general $1,323 · fundraising $5,448

  • 23 · Insurance

    total $16,589 · management and general $16,589

  • 24a · Other expenses: BANK AND CREDIT CARD FEES

    total $61,486 · program services $12,073 · management and general $2,234 · fundraising $47,179

  • 24b · Other expenses: OTHER EXPENSES

    total $37,429 · program services $18,174 · management and general $4,255 · fundraising $15,000

  • 24c · Other expenses: DUES

    total $17,469 · program services $5,765 · management and general $5,939 · fundraising $5,765

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,500

  • 2 · Savings and temporary cash investments

    beginning of year $497,015 · end of year $384,369

  • 3 · Pledges and grants receivable

    beginning of year $373,251 · end of year $204,702

  • 7 · Other notes and loans receivable

    beginning of year $111,288 · end of year $96,909

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,534 · end of year $300

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

    $97,300

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

    $78,219

  • 10c · Land, buildings and equipment, net

    beginning of year $25,845 · end of year $19,081

  • 11 · Investments: publicly traded securities

    beginning of year $34,358,198 · end of year $38,121,141

  • 15 · Other assets

    beginning of year $666,851 · end of year $769,988

  • 17 · Accounts payable and accrued expenses

    beginning of year $53,893 · end of year $4,794

  • 18 · Grants payable

    beginning of year $377,706 · end of year $391,375

  • 25 · Other liabilities

    beginning of year $56,174 · end of year $58,730

  • 27 · Net assets without donor restrictions

    beginning of year $2,541,607 · end of year $3,916,274

  • 28 · Net assets with donor restrictions

    beginning of year $33,036,102 · end of year $35,225,317

Mission and programs · 2024

Mission

THE FOUNDATION PROMOTES PHILANTHROPY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER.

  • ASSET DEVELOPMENT AND GRANT MAKING - SERVING ALL OF SHASTA, SISKIYOU, AND TEHAMA COUNTIES. THE COMMUNITY FOUNDATION HAS MORE THAN 180 PHILANTHROPIC FUNDS AND MANAGES ASSETS OF MORE THAN 39 MILLION DOLLARS. THE COMMUNITY FOUNDATION PROVIDES GRANTS, SCHOLARSHIPS, AND LOANS TO ADDRESS LOCAL NEEDS, THE COMMUNITY FOUNDATION SERVES AS A REGIONAL CENTER FOR PHILANTHROPY PROVIDING DONORS SIMPLE AND EFFECTIVE WAYS TO GIVE LOCALLY.

    Expenses $4,910,403 · Grants $4,685,864 · Revenue $715,551

  • IVY B. HORR ENDOWED MEDICAL EDUCATION LOAN FUND - THIS PROGRAM PROVIDES LOW INTEREST LOANS TO STUDENTS FROM SHASTA, LASSEN, TRINITY, TEHAMA, MODOC, AND SISKIYOU COUNTIES PURSUING AN EDUCATION IN MEDICINE.

    Expenses $25,168

  • OTHER PROGRAMS - VARIOUS PROGRAMS INCLUDING NORTH STATE GIVING TUESDAY AN ONLINE NETWORKING AND GIVING EVENT THAT TAKES PLACE ANNUALLY ON THE TUESDAY AFTER THE THANKSGIVING HOLIDAY AND PROVIDES NONPROFIT ORGANIZATIONS IN SHASTA, SISKIYOU, AND TEHAMA COUTNIES THE OPPORTUNITY TO GAIN EXPOSURE AND START RELATIONSHIPS WITH NEW DONORS.

    Expenses $183,425

As filed on the 2024 return.

Listed in Part VII

  • KERRY CARANCI

    CEO

    Total calculated
    $186,027
    From this org
    $176,846
    From related orgs
    $0
    Other
    $9,181
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,846
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $9,181
    Filer's total
    $186,027

  • MIRIAM LEAL

    OPERATIONS O

    Total calculated
    $100,027
    From this org
    $91,334
    From related orgs
    $0
    Other
    $8,693
    Hours/week
    40

  • TERRY TAFORO

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • FORREST WILDER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • PATRICA BERGMAN

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CHERYL FORBES

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CARA HOOD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • RYAN DENHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARK CLURE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BILL CORNELIUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRUCE DEAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JILL DRINKWATER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GEOFF HARKNESS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUSIE REEDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN SEAMANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JESSIE SHIELDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LORI GOYNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
THE EXECUTIVE COMMITTEE (BOARD CHAIR, PAST CHAIR, VICE CHAIR, SECRETARY AND TREASURER) SERVES AS THE COMPENSATION COMMITTEE (THE COMMITTEE). THE COMMITTEE MEETS ANNUALLY TO REVIEW THE CEO COMPENSATION. OFFICERS AND DIRECTORS ARE NOT COMPENSATED OTHER THAN THE CEO AND CFO. THE COMMITTEE REVIEWS LEAGUE OF CALIFORNIA COMMUNITY FOUNDATION'S WAGE SURVEY, THE CEO EMPLOYMENT CONTRACT, AND RECOMMENDS ANY AND ALL CHANGES TO THE BOARD OF DIRECTORS FOR A FULL VOTE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
21 October 2025
IRS schema version
2024v5.0
Source object
202532949349302103

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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