2024-11-08T14:44:41+00:00 2023-12-31 440160260 Forvis Mazars LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2023-01-09 921851979 SCHC WBC Prop Corp SCHC 5302465710 1035 Placer Street Redding CA 96001 J BRANDON THORNOCK CEO 5302465710 2024-11-08 true true Krystal Creach P01248198 4178658701 2024-11-08 2023 2024-10-15 13:58:12Z X J BRANDON THORNOCK 1035 Placer Street Redding CA 96001 93588 false X X 2023 CA SCHC WBC PROP CORP SUPPORTS SHASTA COMMUNITY HEALTH CENTER (SCHC) THROUGH DEVELOPMENT, FINANCE, AND OWNERSHIP OF CLINIC FACILITIES AND EQUIPMENT FOR SCHC. 6 6 0 6 0 0 0 0 93588 0 0 93588 0 0 0 0 0 17539 17539 0 76049 0 33509134 0 28192722 0 5316412 A SPECIAL PURPOSE ENTITY FOR NEW MARKET TAX CREDITS FINANCING TO HOLD THE REAL ASSETS OF SHASTA COMMUNITY HEALTH CENTER IN ORDER TO PROVIDE HEALTHCARE SERVICES TO THEIR PATIENTS. false false 16869 0 0 THE PURPOSE OF SCHC WBC PROP CORP IS TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF SHASTA COMMUNITY HEALTH CENTER (SCHC) THROUGH THE ORGANIZATION'S DEVELOPMENT, FINANCE, AND OWNERSHIP OF CLINIC FACILITIES FOR THE BENEFIT OF SCHC. 16869 true false false false false false false false false true false false false false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 3 0 true 0 false false false false false false false false false false false false X 6 6 false false false false true true false true true false false true true true true false true true false false CA X DANIEL SANTI CFO 5302465710 1035 Placer Street Redding CA 96001 KIM PICKERING SECRETARY 0.1 0 X X 0 0 0 STAR ALFARO TREASURER 0.1 0 X X 0 0 0 STEPHEN BELL CHAIR 0.1 3.3 X X 0 0 0 KERRY FASKING BOARD MEMBER 0.1 4.3 X 0 0 0 LORI GOYNE BOARD MEMBER 0.1 3.3 X 0 0 0 MARGARET BECK BOARD MEMBER 0.1 4.3 X 0 0 0 C DEAN GERMANO CHIEF EXECUTIVE OFFICER 0.1 40.3 X 0 384938 72331 DANIEL SANTI CHIEF FINANCIAL OFFICER BEG 09/23 0.1 40.2 X 0 149709 24956 SHERRY CALDWELL CHIEF FINANCIAL OFFICER END 09/23 0.1 40.3 X 0 266059 15804 0 800706 113091 0 false true false 0 0 0 0 0 0 0 93588 93588 0 0 0 0 0 0 0 0 0 93588 0 0 93588 0 0 0 0 670 670 16869 16869 0 0 0 0 17539 16869 670 0 8529132 0 0 24980002 0 24980002 0 0 0 0 0 33509134 3801785 0 24390937 0 0 0 28192722 X 5316412 0 5316412 0 33509134 X 76049 5240363 X false true X true false X X X 1 SHASTA COMMUNITY HEALTH CENTER 680165855 7 true 0 0 1 0 0 true false false false false false false false false false false false false false false false true false X true true Schedule A, Part IV, Section E, Line 2a Org. Activities Directly Further The Exempt Purposes SCHC WBC PROP CORP SUPPORTS SHASTA COMMUNITY HEALTH CENTER. THE ORGANIZATION PROVIDES SUPPORT BY HOLDING THE LEASEHOLD INTEREST IN THE BUILDING THAT IS LEASED TO SHASTA COMMUNITY HEALTH CENTER TO PROVIDE HEALTHCARE SERVICES TO THEIR PATIENTS. Schedule A, Part IV, Section E, Line 2b Activities That One Or More Supp. Org. Engaged In THE ORGANIZATION PROVIDES A LEASEHOLD TO SHASTA COMMUNITY HEALTH CENTER. THE ORGANIZATION OPERATES THE LEASEHOLD IN A MANNER THAT ENABLES IT TO QUALIFY AS A QUALIFIED ACTIVE LOW INCOME BENEFICIARY TO RECEIVE A QUALIFIED LOW INCOME INVESTMENT LOAN UNDER THE NEW MARKETS TAX CREDIT PROGRAM. THE LOANS PROVIDED WERE USED TO CONSTRUCT A NEW HEALTH CLINIC IN REDDING, CALIFORNIA. 2985383 2985383 200454 200454 21794165 21794165 24980002 93588 0 0 93588 0 0 93588 17539 0 0 17539 0 0 17539 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false true false false false false false false false C DEAN GERMANO CHIEF EXECUTIVE OFFICER 0 328971 0 55967 0 0 0 64099 0 8232 0 457269 0 0 DANIEL SANTI CHIEF FINANCIAL OFFICER BEG 09/23 0 139690 0 10019 0 0 0 2600 0 22356 0 174665 0 0 SHERRY CALDWELL CHIEF FINANCIAL OFFICER END 09/23 0 220420 0 45639 0 0 0 8256 0 7548 0 281863 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE COMPENSATION OF THE ORGANIZATION'S CEO WAS DETERMINED BY SHASTA COMMUNITY HEALTH CENTER (SCHC), A RELATED PARTY. SCHC USED THE FOLLOWING RESOURCES TO DETERMINE THE CEO'S COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY BOARD OR COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT 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, A RELATED ORGANIZATION, WHICH WAS FUNDED THIS YEAR BY $50,867. Form 990, Part VI, Line 15a COMPENSATION DETERMINATION POLICY SHASTA COMMUNITY HEALTH CENTER (SCHC), A RELATED ORGANIZATION, DOES AN ANNUAL SALARY SURVEY FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES. THIS REVIEW IS CONDUCTED BY THE HR MANAGERS WORKING IN CONJUNCTION WITH AN OUTSIDE CONSULTANT. THE REVIEW FOR EACH POSITION CONSISTS OF MARKET SALARY SURVEYS, INCLUDING INDUSTRY SPECIFIC AND REGIONAL DATA. THE RESULTS OF THIS INFORMATION ARE REVIEWED BY SENIOR MANAGEMENT. THIS REVIEW USUALLY IS CONTEMPORANEOUSLY CONDUCTED DURING THE ANNUAL EVALUATION PERIOD. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DIRECTLY REVIEWS THE RESULTS OF CHIEF EXECUTIVE OFFICER'S SURVEY RESULTS. ALL CHANGES ARE THEN DOCUMENTED IN THE CEO'S CONTRACT ADDENDUM. Form 990, Part VI, Line 6 & LINE 7A - MEMBERS/STOCKHOLDERS AT ALL TIMES THE BOARD OF DIRECTORS MUST CONTAIN AT LEAST ONE BOARD MEMBER OR OFFICER OF SHASTA COMMUNITY HEALTH CENTER (SCHC), A RELATED PARTY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE CHIEF FINANCIAL OFFICER AND DIRECTOR OF FINANCE DO AN EXTENSIVE REVIEW OF THE FORM WITH THE CURRENT CPA FIRM. THE BOARD OF DIRECTORS IS PROVIDED A COMPLETE COPY OF THE FORM 990 THROUGH EMAIL DISTRIBUTION. THE DIRECTORS ARE GIVEN A PERIOD OF ONE WEEK TO REVIEW THE FORM 990, TO COMMENT AND TO ASK ANY PERTINENT QUESTIONS. Form 990, Part VI, Line 12c Conflict of interest policy SCHC WBC PROP CORP IS COMMITTED TO STRICT COMPLIANCE OF ITS CONFLICT OF INTEREST POLICY. THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES HAVE THE RESPONSIBILITY OF ADMINISTERING THE AFFAIRS OF SCHC WBC PROP CORP. HONESTLY AND PRUDENTLY, AND OF EXERCISING THEIR BEST CARE, SKILL, AND JUDGEMENT FOR THE SOLE BENEFIT OF SCHC WBC PROP CORP. THE INTERESTS OF THE ORGANIZATION MUST BE THE FIRST PRIORITY IN ALL DECISIONS AND ACTIONS. IT IS THE POLICY OF THE ORGANIZATION'S BOARD THAT THE EXISTENCE OF ANY CONFLICTS OF INTEREST BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE ITS TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. DISCLOSURE IS MADE TO THE CHIEF EXECUTIVE OFFICER (OR IF HE OR SHE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO BRINGS THE MATTER TO THE ATTENTION OF THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF. DISCLOSURE INVOLVING DIRECTORS IS MADE TO THE BOARD CHAIR, (OR IF HE OR SHE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD VICE-CHAIR). THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF, DETERMINES WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO ANDERSON PROPERTY CORPORATION. ANY CONFLICTS OF INTEREST ARE PROMPTLY ADDRESSED AND THE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF ANY RELATED TRANSACTIONS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION PROVIDES TO INTERESTED PARTIES FINANCIAL STATEMENTS, IRS FORM 990, AND OTHER DOCUMENTS AND POLICIES UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER FROM AFFILIATE - 5240363; ANDERSON PROPERTY CORPORATION 1035 PLACER STREET REDDING CA 96001 815371499 RE HOLDING CA 501(c)(3) Type I SHASTA CHC false SHASTA COMMUNITY HEALTH CENTER 1035 PLACER STREET REDDING CA 96001 680165855 HEALTH CARE CA 501(c)(3) 7 NA false SCHC PROPERTY CORPORATION 1035 PLACER STREET REDDING CA 96001 463207999 RE HOLDING CA 501(c)(3) Type I SHASTA CHC false SHASTA SUPPORTIVE HOUSING AND SERVICES 1035 PLACER STREET REDDING CA 96001 872892533 HOUSING CA 501(c)(3) 7 SHASTA CHC false false false false false false false false false false true false false false true true false false false true