California Medical Association Properties Inc

Sacramento, CA
Tax-exempt since Sept. 1932
EIN: 94-6062821

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Type of Nonprofit

Designated as a 501(c)(2) Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Revenue

$2.2M (2023)

Expenses

$2.93M (2023)

Total Assets

$22.5M (2023)

Total Liabilities

$16.1M (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,197,193

Expenses

$2,934,571

Net Income

-$737,378

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,101,484	50.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,095,709	49.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$22,517,466
Total Liabilities	$16,053,408
Net Assets	$6,464,058

Compensation

Key Employees and Officers	Compensation	Related	Other
Dustin E Corcoran (Chief Executive Officer)	$0	$1,227,159	$112,049
Jamie Ostroff (Chief Legal Officer And General Counsel)	$0	$696,128	$56,442
Lance R Lewis (Chief Operating Officer)	$0	$602,591	$119,549
Donaldo Hernandez Md (Immediate Past President Through Oct 2024)	$0	$147,858	$0
Tanya W Spirtos Md (President)	$0	$98,659	$0
Robert E Wailes Md (Immediate Past President Through Oct 2023)	$0	$69,964	$0
Shannon Udovic Constant Md (President Elect)	$0	$59,537	$0
Sergio R Flores Md (Chair, Board Of Trustees)	$0	$50,724	$0
Lawrence C Cheung Md (Vice Speaker House Of Del. Through Oct 2023)	$0	$21,050	$0
George Fouras Md (Vice Speaker House Of Del. Through Oct 2024)	$0	$4,545	$0
Eric Hansen Do (Vice Chair Board Of Trustees)	$0	$3,409	$0
Jack Chou Md (Vice Speaker, House Of Delegates)	$0	$0	$0

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990

Filed on Nov. 12, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$7,007,562

Expenses

$2,939,937

Net Income

$4,067,625

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,273,709	18.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$202,824
Net Inventory Sales	$0
Other Revenue	$5,936,677	84.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$21,481,310
Total Liabilities	$15,017,252
Net Assets	$6,464,058

Compensation

Key Employees and Officers	Compensation	Related	Other
Dustin E Corcoran (Secretary Treasurer)	$0	$1,164,095	$105,582
Lance R Lewis (Chief Financial Officer)	$0	$573,659	$105,582
Jamie Ostroff (Assistant Secretary General Counsel)	$0	$387,114	$14,715
Robert E Wailes Md (Immediate Past President Through Oct 2023)	$0	$139,208	$0
Donaldo Hernandez Md (President)	$0	$131,348	$0
Tanya W Spirtos Md (President Elect)	$0	$64,704	$0
Shannon Udovic Constant Md (Chair Board Of Trustees)	$0	$56,933	$0
Peter Bretan Md (Immediate Past President Through Oct 2022)	$0	$53,974	$0
Sergio R Flores Md (Vice Chair Board Of Trustees)	$0	$40,242	$0
Lawrence C Cheung Md (Vice Speaker House Of Delegates)	$0	$5,659	$0
Jack Chou Md (Speaker House Of Delegates)	$0	$0	$0

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990

Filed on Nov. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$2,769,085

Expenses

$3,579,478

Net Income

-$810,393

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,621,735	58.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,147,350	41.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$31,213,733
Total Liabilities	$24,749,675
Net Assets	$6,464,058

Compensation

Key Employees and Officers	Compensation	Related	Other
Dustin E Corcoran (Secretary Treasurer)	$0	$1,062,000	$109,630
Lance R Lewis (Chief Financial Officer)	$0	$425,600	$113,015
Francisco J Silva (Assistant Secretary General Counsel)	$0	$412,900	$58,289
Peter N Bretan Md (Immediate Past President Through Oct 2022)	$0	$102,625	$0
Robert E Wailes Md (President)	$0	$86,588	$0
David Aizuss Md (Immediate Past President Through Oct 2021)	$0	$49,625	$0
Tanya W Spirtos Md (Speaker, House Of Delegates)	$0	$49,100	$0
Shannon Udovic Constant Md (Chair, Board Of Trustees)	$0	$41,862	$0
Sergio R Flores Md (Vice Chair, Board Of Trustees)	$0	$33,581	$0
Donaldo Hernandez Md (President Elect)	$0	$0	$0
Jack Chou Md (Vice Speaker, House Of Delegates)	$0	$0	$0

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990

Filed on Nov. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$2,556,728

Expenses

$3,529,866

Net Income

-$973,138

Net Assets

$6,464,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$484,179	18.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,072,549	81.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$28,638,476
Total Liabilities	$22,174,419
Net Assets	$6,464,057

Compensation

Key Employees and Officers	Compensation	Related	Other
Dustin E Corcoran (Chief Executive Officer)	$0	$931,194	$76,669
Lance R Lewis (Chief Operating Officer)	$0	$397,556	$76,669
Francisco J Silva (General Counsel And Senior Vice President)	$0	$367,223	$52,650
Peter N Bretan Md (President)	$0	$114,400	$0
David Aizuss Md (Immediate Past President)	$0	$66,800	$0
Lee T Snook Md (Past President Elect Speaker)	$0	$57,589	$0
Robert E Wailes Md (President Elect Speaker)	$0	$47,824	$0
Shannon Udovic Constant Md (Chair Of Board Of Trustees)	$0	$46,656	$0
Tanya W Spirtos Md (Speaker Of House Of Delegates)	$0	$40,400	$0
Jack Chou Md (Vice Speaker Of House Of Delegates)	$0	$0	$0

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990

Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$3,443,045

Expenses

$5,758,440

Net Income

-$2,315,395

Net Assets

$6,464,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,096,268	31.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,059	0.3%
Net Fundraising	$0
Sales of Assets	$2,337,718	67.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$26,701,036
Total Liabilities	$20,236,979
Net Assets	$6,464,057

Compensation

Key Employees and Officers	Compensation	Related	Other
Dustin E Corcoran (Secretary Treasurer)	$0	$950,248	$73,762
Lance R Lewis (Chief Financial Officer)	$0	$414,596	$60,539
Francisco J Silva (Assistant Secretary General Counsel)	$0	$372,055	$46,079
David Aizuss Md (Immediate Past President)	$0	$126,767	$0
Peter N Bretan Md (President)	$0	$96,814	$0
Theodore M Mazer (Immediate Past President (Thru 10/19))	$0	$68,967	$0
Lee T Snook Md (Director)	$0	$62,322	$0
Tatiana W Spirtos Md (Director)	$0	$45,546	$0
Robert E Wailes Md (Director)	$0	$45,500	$0
Shannon Udovic Constant Md (Director)	$0	$26,800	$0
Jack Chou Md (Director)	$0	$0	$0

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990

Filed on Nov. 10, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2018

Revenue

$2,348,915

Expenses

-$869,887

Net Income

$3,218,802

Net Assets

$6,464,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$978,905	41.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$28,231	1.2%
Net Fundraising	$0
Sales of Assets	$1,341,779	57.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$23,244,696
Total Liabilities	$16,780,639
Net Assets	$6,464,057

Compensation

Key Employees and Officers	Compensation	Related	Other
Ruth E Haskins Md (Director Through Oct 2018)	$0	$49,783	$0
Theodore M Mazer Md (Past President)	$0	$112,578	$0
David H Aizuss Md (President)	$0	$102,503	$0
Peter N Bretan Md (President Elect)	$0	$18,142	$0
Lee T Snook Md (Director)	$0	$49,700	$0
Tatiana W Spirtos Md (Director)	$0	$43,600	$0
Robert E Wailes Md (Director)	$0	$57,900	$0
Shannon Udovic Constant Md (Director)	$0	$36,604	$0
Dustin E Corcoran (Secretary Treasurer)	$0	$919,472	$71,449
Lance R Lewis (Chief Financial Officer)	$0	$344,464	$54,417
Francisco J Silva (Assistant Secretary General Counsel)	$0	$342,120	$42,029

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990

Filed on Nov. 16, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$2,544,942

Expenses

$3,825,383

Net Income

-$1,280,441

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$926,091	36.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,618,851	63.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$25,903,363
Total Liabilities	$19,439,305
Net Assets	$6,464,058

Compensation

Key Employees and Officers	Compensation	Related	Other
Steven E Larson (Director Thru 10/2017)	$0	$56,333	$0
Ruth E Haskins Md (Past President)	$0	$93,033	$0
Theodore M Mazer Md (President)	$0	$88,800	$0
David H Aizuss (President Elect)	$0	$59,149	$0
Lee T Snook Md (Director)	$0	$53,104	$0
Tanya W Spirtos Md (Director)	$0	$32,900	$0
Robert E Wailes (Director)	$0	$33,487	$0
Shannon Udovic Constant Md (Director)	$0	$0	$0
Dustin E Corcoran (Secretary Treasurer)	$0	$681,027	$63,767
Lance R Lewis (Chief Financial Officer)	$0	$341,022	$52,363
Francisco J Silva (Assistant Secretary/General Counsel)	$0	$293,638	$41,119

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990

Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$1,582,231

Expenses

$2,855,452

Net Income

-$1,273,221

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$567,192	35.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$621,193	39.3%
Net Inventory Sales	$0
Other Revenue	$393,846	24.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$25,571,792
Total Liabilities	$19,107,734
Net Assets	$6,464,058

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$3,822,250

Expenses

$1,661,174

Net Income

$2,161,076

Net Assets

$5,464,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$828,900	21.7%
Investment Income	$587,596	15.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,076,462	54.3%
Net Inventory Sales	$0
Other Revenue	$329,292	8.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$26,290,855
Total Liabilities	$20,826,796
Net Assets	$5,464,059

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Larson Md (President)	$0	$89,000	$0
Ruth Haskins Md (President Elect)	$0	$16,681	$0
Luther F Cobb Md (Director)	$0	$92,486	$0
David Aizuss Md (Director)	$0	$41,575	$0
Theodore M Mazer Md (Director)	$0	$35,500	$0
Lee T Snook Md (Director)	$0	$30,700	$0
Robert E Wailes Md (Director)	$0	$24,239	$0
Dustin Corcoran (Secretary Treasurer)	$0	$515,487	$77,096
Lance R Lewis (Chief Financial Officer)	$0	$267,317	$46,322
Francisco Silva (Asst Secretary/General Counsel)	$0	$279,900	$40,018

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990

Filed on Nov. 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$2,003,943

Expenses

$1,913,700

Net Income

$90,243

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$737,274	36.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$866,290	43.2%
Net Inventory Sales	$0
Other Revenue	$400,379	20.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$26,951,161
Total Liabilities	$20,487,103
Net Assets	$6,464,058

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$2,448,556

Expenses

$4,512,451

Net Income

-$2,063,895

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$631,084	25.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$976,525	39.9%
Net Inventory Sales	$0
Other Revenue	$840,947	34.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$25,749,673
Total Liabilities	$19,285,615
Net Assets	$6,464,058

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,999,865

Expenses

$3,511,905

Net Income

-$1,512,040

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$512,073	25.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$650,414	32.5%
Net Inventory Sales	$0
Other Revenue	$837,378	41.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$23,607,727
Total Liabilities	$17,143,669
Net Assets	$6,464,058

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,589,898

Expenses

$1,245,092

Net Income

$344,806

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$703,601	44.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$499,263	31.4%
Net Inventory Sales	$0
Other Revenue	$387,034	24.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$21,455,234
Total Liabilities	$14,991,176
Net Assets	$6,464,058

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$10,383,912

Expenses

$913,032

Net Income

$9,470,880

Net Assets

$6,464,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$650,901	6.3%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$15,300
Net Inventory Sales	$0
Other Revenue	$9,748,311	93.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$24,990,885
Total Liabilities	$18,526,827
Net Assets	$6,464,058

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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California Medical Association Properties Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.2M (2023)

Expenses $2.93M (2023)

Total Assets $22.5M (2023)

Total Liabilities $16.1M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$2.2M (2023)

Expenses

$2.93M (2023)

Total Assets

$22.5M (2023)

Total Liabilities

$16.1M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004