Shasta Supportive Housing and Services
Nonprofit profile at a glance
- EIN
- 872892533
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2021
- Location
- Redding, CA, USA
- Phone
- 5302465710
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $208,896
- Expenses
- $141,942
- Assets
- $1,634,583
- Liabilities
- $10,900
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- C DEAN GERMANO (CHIEF EXECUTIVE OFFICER END 03/24)
- J BRANDON THORNOCK (CHIEF EXECUTIVE OFFICER BEG 03/24)
Highest reported compensation
- C DEAN GERMANO (CHIEF EXECUTIVE OFFICER END 03/24): $685,098 total reported compensation
- J BRANDON THORNOCK (CHIEF EXECUTIVE OFFICER BEG 03/24): $393,842 total reported compensation
- DANIEL SANTI (CHIEF FINANCIAL OFFICER): $265,075 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide affordable housing and supportive services to people experiencing homelessness, the frail elderly, and other vulnerable populations.
What it reported doing in 2024
Provide low-cost, temporary housing to recuperative and transient patients of the Shasta Community Health Center.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 69
- Accountability: 91
- Sustainability: 72
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63%; rating input score 63
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 32.1%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 11.52; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 81.9%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 40.9% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -25.6% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 7% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 63% of revenue deployed · 92.7% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $685K · 21 people listed · 0 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Related organizations: 4 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 1/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.