CALIFORNIA MEDICAL ASSOCIATION PROPERTIES INC (EIN 946062821) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1930

Legal Domicile

Principal Officer

Lance R Lewis

Phone

9164445532

Tax Period

2023-01-01 to 2023-12-31

CALIFORNIA MEDICAL ASSOCIATION PROPERTIES INC, founded in 1930, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 34% operating deficit.

Mission

The mission of the organization is to hold and invest funds on behalf of California Medical Association, a not-for-profit organization.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,197,193

Other Revenue $0

TOTAL REVENUE $2,197,193

Expense Breakdown

Grants Paid $1,250,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,684,571

TOTAL EXPENSES $2,934,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,197,193	$7,007,562	-0.7%
Expenses	$2,934,571	$2,939,937	0.0%
Net Income	$-737,378	$4,067,625	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$3,269,664

Total Directors

$455,746

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dustin E Corcoran	Chief Executive Officer	2	Officer	$0	$112,049	$1,339,208
Jamie Ostroff	Chief Legal Officer and General Counsel	1	Officer	$0	$56,442	$752,570
Lance R Lewis	Chief Operating Officer	2	Officer	$0	$119,549	$722,140
Donaldo Hernandez MD	Immediate Past President through Oct 2024	1	Officer Director	$0	$0	$147,858
Tanya W Spirtos MD	President	1	Officer Director	$0	$0	$98,659
Robert E Wailes MD	Immediate Past President through Oct 2023	1	Officer Director	$0	$0	$69,964
Shannon Udovic Constant MD	President -Elect	1	Officer Director	$0	$0	$59,537
Sergio R Flores MD	Chair, Board of Trustees	1	Officer Director	$0	$0	$50,724
Lawrence C Cheung MD	Vice Speaker House of Del. through Oct 2023	1	Officer Director	$0	$0	$21,050
George Fouras MD	Vice Speaker House of Del. through Oct 2024	1	Officer Director	$0	$0	$4,545
Eric Hansen DO	Vice-Chair Board of Trustees	1	Officer Director	$0	$0	$3,409
Jack Chou MD	Vice Speaker, House of Delegates	1	Officer 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	$2,197,193	$2,934,571	$22,517,466	$-737,378
2022	$7,007,562	$2,939,937	$21,481,310	$4,067,625
2021	$2,769,085	$3,579,478	$31,213,733	$-810,393
2020	$2,556,728	$3,529,866	$28,638,476	$-973,138
2019	$3,443,045	$5,758,440	$26,701,036	$-2,315,395
2018	$2,348,915	$-869,887	$23,244,696	$3,218,802

CALIFORNIA MEDICAL ASSOCIATION PROPERTIES INC