Shasta Hotel Corporation

Nonprofit profile at a glance

EIN
680300448
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024, Form 990-N 2018
Location
Sacramento, CA, USA
Phone
9164401368
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$10,310
Expenses
$244
Assets
$222,783
Liabilities
$141

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • BRAD WIBLIN (CHAIRPERSON)
  • CASSANDRA JENNINGS (VICE CHAIRPERSON)
  • LA SHELLE DOZIER (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provision of low income housing - the organization is the managing member of a single member llc, shasta hotel housing associates llc (81-4006784). The llc is disregarded for federal income tax purposes and was formed for the purpose of developing low-income housing. The llc is the general partner in shasta hotel housing associates (81-3588298) which operates shasta hotel in sacramento. Shasta hotel is an 80 unit property which must be occupied by residents whose annual incomes do not exceed 60% of the area median income as established by hud.

What it reported doing in 2024

The organization is the managing member of a single member llc, shasta hotel housing associates llc (81-4006784). The llc is disregarded for federal income tax purposes and was formed for the purpose of developing low-income housing. The llc is the general partner in shasta hotel housing associates (81-3588298) which operates shasta hotel in sacramento. Shasta hotel is an 80 unit property which must be occupied by residents whose annual incomes do not exceed 60% of the area median income as established by hud.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 82
  • Sustainability: 87
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.4%; rating input score 2
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 97.6%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 913.05; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13.4% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -0.3% per year; rating input score 0; 50th percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 2.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $244 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.