CALIFORNIA PODIATRIC MEDICAL ASSOCIATION

EIN: 941215732

SACRAMENTO, CA

Total Revenue
$1,646,179
Total Expenses
$1,869,591
Total Assets
$1,485,943
Net Assets
$836,374
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
CA
Principal Officer
JON HULTMAN DPM
Phone
9164480248
Tax Period
2023-01-01 to 2023-12-31

CALIFORNIA PODIATRIC MEDICAL ASSOCIATION, founded in 1912, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

IT IS THE MISSION OF THE CALIFORNIA PODIATRIC MEDICAL ASSOCIATION TO PROMOTE, ADVANCE AND PROTECT THE PROFESSION OF PODIATRIC MEDICINE, TO PRESERVE THE RIGHTS OF THE PATIENTS IT SERVES AND TO SEEK CONTINUOUS IMPROVEMENT IN THE QUALITY OF PATIENT TREATMENT AND CARE.

Program Service Accomplishments

Program 1

ALLOWS MEMBERS TO EXCHANGE KNOWLEDGE AND KEEP CURRENT IN THE FIELD OF PODIATRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $187,452
Program Service Revenue $1,381,117
Investment Income $39,281
Other Revenue $38,329
TOTAL REVENUE $1,646,179

Expense Breakdown

Grants Paid $0
Salaries & Benefits $654,041
Fundraising Expenses $0
Other Expenses $1,215,550
TOTAL EXPENSES $1,869,591

Year-over-Year Comparison

2023 2022 Change
Revenue $1,646,179 $2,163,950 -0.2%
Expenses $1,869,591 $1,828,178 +0.0%
Net Income $-223,412 $335,772 -1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
7
Employees
9
Volunteers
32

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$212,538
Total Directors
9
$30,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON A HULTMAN DPM MBA CVA EXECUTIVE DIRECTOR 35.00
Officer
$152,750 $29,788 $182,538
ANDREA CARRICK BOOKKEEPER, OFF MG, DIR OF 35.00
Highest
$107,430 $27,904 $135,334
DIANE GAUDRON DPM PRESIDENT 2.00
Officer Director
$20,000 $0 $20,000
HOLLY SPOHN-GROSS DPM IMMEDIATE PAST PRESIDENT 6.00
Officer Director
$10,000 $0 $10,000
PHONG LE DPM PRESIDENT ELECT 2.00
Officer Director
$0 $0 $0
ARMAN A KIRAKOSIAN DPM SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
HEATHER MCGUIRE DPM DIRECTOR 2.00
Director
$0 $0 $0
DOUG TAYLOR DPM DIRECTOR 2.00
Director
$0 $0 $0
ALAN SUE DPM DIRECTOR 2.00
Director
$0 $0 $0
THOMAS RAMBACHER DPM DIRECTOR 2.00
Director
$0 $0 $0
EBONIE VINCENT DPM DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,646,179 $1,869,591 $1,485,943 $-223,412
2022 $2,163,950 $1,828,178 $1,725,608 $335,772
2021 $1,674,303 $1,314,047 $1,331,733 $360,256
2020 $1,030,575 $1,211,171 $1,156,326 $-180,596
2019 $1,762,820 $1,843,528 $1,465,602 $-80,708
2018 $1,754,498 $1,870,091 $1,593,340 $-115,593
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