Civic Intelligence

Chc Qalicb Inc

EIN 47-5274282 • 501(c)3 • Santa Maria, CA

Profile

To perform on behalf of, and/or to support Community Health Centers of the Central Coast, Inc., a 501c(3) California nonprofit public benefit corporation.

2050 S Blosser RdSanta Maria, CA 93458

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.14x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

20.18x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

9th percentile

-27%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

28th percentile

-1.0%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

14%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $10,360,661 (-100%) from 2022

Liabilities

Down

$0

Down $11,840,515 (-100%) from 2022

Net Assets

Up

$0

Up $1,479,854 (+100%) from 2022

Revenue

Up

$11,093,342

Up $10,506,687 (+1791%) from 2022

Expenses

Up

$1,130,775

Up $383,591 (+51%) from 2022

Net Income

Up

$9,962,567

Up $10,123,096 (+6306%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2016: $12,392,670Liabilities 2016: $12,392,670Net Assets 2016: $02016Assets 2017: $11,923,630Liabilities 2017: $11,926,212Net Assets 2017: -$2,5822017Assets 2018: $11,513,811Liabilities 2018: $11,767,000Net Assets 2018: -$253,1892018Assets 2019: $11,236,240Liabilities 2019: $11,767,085Net Assets 2019: -$530,8452019Assets 2020: $10,964,391Liabilities 2020: $11,773,253Net Assets 2020: -$808,8622020Assets 2021: $10,466,016Liabilities 2021: $11,785,341Net Assets 2021: -$1,319,3252021Assets 2022: $10,360,661Liabilities 2022: $11,840,515Net Assets 2022: -$1,479,8542022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $2,582Net Income 2017: -$2,5822017Revenue 2018: $370,176Expenses 2018: $370,176Net Income 2018: $02018Revenue 2019: $415,649Expenses 2019: $415,649Net Income 2019: $02019Revenue 2020: $515,784Expenses 2020: $793,801Net Income 2020: -$278,0172020Revenue 2021: $515,785Expenses 2021: $1,026,248Net Income 2021: -$510,4632021Revenue 2022: $586,655Expenses 2022: $747,184Net Income 2022: -$160,5292022Revenue 2023: $11,093,342Expenses 2023: $1,130,775Net Income 2023: $9,962,5672023

Highlighted filing

2023

Revenue$11,093,342
Expenses$1,130,775
Net Income$9,962,567

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$11,093,342
Mission and Program Overview

Mission

The purposes of chc qalicb, inc. Are to operate exclusively for the benefit of, to perform the functions of, and/or to carry out the purposes of certain specified charitable organizations the primary purpose of which are to provide high quality, comprehensive and cost-effective healthcare to communities in need, and which are organized and operated exclusively for charitable purposes within the meaning of section 501(c)(3) of the us irc of 1986, as amended, and section 23701d of the california revenue and taxation code.

To perform on behalf of, and/or to support Community Health Centers of the Central Coast, Inc., a 501c(3) California nonprofit public benefit corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,747,917$0▼ $8,747,917
Cash and Non-Interest-Bearing Accounts$613,607$0▼ $613,607
Intangible Assets$542,898$0▼ $542,898
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$10,360,661$0▼ $10,360,661
Other Assets Total$456,239$0▼ $456,239
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,767,000--
Accounts Payable and Accrued Expenses$73,515--
Total Liabilities$11,840,515$0▼ $11,840,515
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,479,854--
Total Net Assets Fund Balance$-1,479,854$0▲ $1,479,854
Total Liabilities and Net Assets / Fund Balance$10,360,661$0▼ $10,360,661
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ronald E CastlePresident
John Khan-varibaSecretary
Lue ThaoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$488,589
Investment Income
$0
Other Revenue
$10,604,753
Change in Net Assets
$9,962,567

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,093,342
Total Revenue per Audited Statements
$11,093,342
Total Revenue per Form 990
$11,093,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,130,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$842,674--$842,674
Depreciation Depletion$265,203--$265,203
Fees for Services Accounting-$4,200-$4,200
Other Expenses-$498-$498
Total Functional Expenses$1,107,877$22,898$0$1,130,775

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,130,775
Total Expenses per Audited Statements$1,130,775
Total Expenses per Form 990$1,130,775
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Organization's form 990 is prepared by an independent CPA, reveiwed by the Organization's Treasurer, then reviewed and signed by the President and filed by the independent CPA.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Chc Qalicb Inc
EIN
47-5274282
Phone
8053463900
Address
2050 S BLOSSER RD, SANTA MARIA, CA 93458

Signing Officer

Name
Ronald E Castle
Title
President
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald E Castle
Formed
2015
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Oscar G Armijo CPA
Address
41-990 Cook St Suite 501, Palm Desert, CA 92211
Preparer
Oscar G Armijo CPA
Phone
7607734078
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Equity transfer = -$8482713

Financial Statement Notes

Part X : FIN48 Footnote

The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under the guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Corporation and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year 2022.

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IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.00000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
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IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The board members of the supporting organization, Ronald E. Castle, Lue Thao, and John Khan-Variba, serve as CEO, CFO, and CMO, respectively, of the supported organization. Since the governing board of the supporting organization and the management of the supported organization are vested with the same persons, the supported organization has influence and control over the supporting organization's investment policies and direction and use of income and assets.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0953253302
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COMMUNITY HEALTH CENTERS OF THE CEN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01130775
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt011093342
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under the guidance, the Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Corporation and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt01130775
IRS990ScheduleD/TotalRevenuePerForm990Amt011093342
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011093342
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01130775
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0true
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Real Property and Equipment
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-05-19
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0953253302
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt08482713
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501c(3) Nonprofit
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Book value
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt02050 S Blosser Rd
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Santa Maria
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd093458
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0The board members of the supporting organization, Ronald E. Castle, Lue Thao, and John Khan-Variba, serve as CEO, CFO, and CMO, respectively, of the transferee organization, Community Health Centers of the Central Coast.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1CHC QALICB, Inc. was terminated on May 19, 2023 due to the expiration of the 7-year New Market Tax Credit on May 18, 2023 for which the Corporation was created. Per articles of incorporation, CHC QALICB, Inc. was formed to support the activities of Community Health Centers of the Central Coast, Inc. and upon dissloution or termination, all assets of CHC QALICB, Inc. are to be transferred to Community Health Centers of the Central Coast, Inc.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I & 2, Line 2e - Name and Explanation for Involvement in Successor
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1Sch N, Part III, Additional Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization's form 990 is prepared by an independent CPA, reveiwed by the Organization's Treasurer, then reviewed and signed by the President and filed by the independent CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equity transfer = -$8482713
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COMMUNITY HEALTH CENTERS OF THE CENTRAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0953253302
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Health care services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02050 S BLOSSER RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SANTA MARIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd093458
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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