California Medical Association
- Assets
- $44.6m
- Revenue
- $29.6m
- Investments
- $4.1m
- Employees
- 107
- Location
- Sacramento, CA
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 94-0359340
Organization Overview
California Medical Association is located in Sacramento, CA. The organization was established in 1992. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, California Medical Association employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Medical Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, California Medical Association generated $29.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $25.5m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOR MORE THAN 160 YEARS, THE CALIFORNIA MEDICAL ASSOCIATION HAS PURSUED ITS MISSION TO PROMOTE THE SCIENCE AND ART OF MEDICINE, THE CARE AND WELL-BEING OF PATIENTS, THE PROTECTION OF PUBLIC HEALTH, THE BETTERMENT OF THE MEDICAL PROFESSION AND TO ACHIEVE HEALTH EQUITY AND JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALIFORNIA MEDICAL ASSOCIATION WORKED CLOSELY WITH THE NEWSOM ADMINISTRATION TO ENSURE ALL CALIFORNIANS HAD ACCESS TO VACCINES, PROVIDING MAPPING DATA AND PHYSICIAN FEEDBACK TO HELP THE STATE BUILD A DISTRIBUTION NETWORK THAT ALLOWED COMMUNITY-BASED PHYSICIANS TO OBTAIN VACCINES FOR THEIR PATIENTS.
CALIFORNIA MEDICAL ASSOCIATION HELPED PASS AN INCREASE IN THE TAX ON E-CIGARETTES AND VAPING PRODUCTS TO MORE CLOSELY MIRROR THE TAXES ON OTHER TOBACCO PRODUCTS. THE BILL ALSO ENSURES FUTURE FUNDING FOR PHYSICIAN WORKFORCE PROGRAMS, SUCH AS THE PHYSICIAN LOAN REPAYMENT PROGRAM.
THE ASSOCIATION HELPED ESTABLISH AND ADMINISTER THE CALVAXGRANT PROGRAM, WHICH PROVIDED $40 MILLION TO PHYSICIAN PRACTICES TO HELP OFFSET THE COSTS OF OBTAINING, STORING AND ADMINISTERING COVID VACCINES. ADDITIONALLY, CMA'S CENTER FOR ECONOMIC SERVICES RECOUPED MORE THAN $1 MILLION FROM PAYORS ON BEHALF OF PHYSICIAN MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dustin E Corcoran Chief Executive Officer | Officer | 35 | $1,062,000 |
Lance R Lewis Chief Operating Officer | Officer | 35 | $425,600 |
Francisco J Silva General Counsel And Senior Vice President | Officer | 35 | $412,900 |
Sarah Summer CEO Of Cma Physician Services | 0 | $378,000 | |
Dave Logan CEO Of Well Physician California | 0 | $307,008 | |
Guadalupe M Diaz CEO Of Physicians Of Healthy California | 0 | $297,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
California Majority Group Consulting Services | 12/30/20 | $227,500 |
Dexpro Dynamics Consulting Services | 12/30/20 | $128,227 |
Ashleigh Rodriguez Consulting Services | 12/30/20 | $138,600 |
Athene Law Llp Legal Services | 12/30/20 | $109,426 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $752,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,780,057 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,532,057 |
| Total Program Service Revenue | $21,173,593 |
| Investment income | $159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $145,048 |
| Net Rental Income | $208,141 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $474,407 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,620,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,409,960 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,797,308 |
| Pension plan accruals and contributions | $612,253 |
| Other employee benefits | $2,390,699 |
| Payroll taxes | $1,090,721 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $356,326 |
| Fees for services: Accounting | $76,706 |
| Fees for services: Lobbying | $173,636 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,307,280 |
| Advertising and promotion | $229,100 |
| Office expenses | $770,435 |
| Information technology | $268,471 |
| Royalties | $0 |
| Occupancy | $1,197,927 |
| Travel | $249,039 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $454,655 |
| Interest | $43,871 |
| Payments to affiliates | $381,322 |
| Depreciation, depletion, and amortization | $467,482 |
| Insurance | $140,728 |
| All other expenses | $569,452 |
| Total functional expenses | $25,505,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,075,487 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $683,351 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,209,709 |
| Inventories for sale or use | $54,357 |
| Prepaid expenses and deferred charges | $639,751 |
| Net Land, buildings, and equipment | $2,376,413 |
| Investments—publicly traded securities | $51,590 |
| Investments—other securities | $4,107,378 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,418,007 |
| Total assets | $44,616,043 |
| Accounts payable and accrued expenses | $3,395,770 |
| Grants payable | $0 |
| Deferred revenue | $9,302,449 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,300,000 |
| Unsecured mortgages and notes payable | $1,865,219 |
| Other liabilities | $2,908,271 |
| Total liabilities | $22,771,709 |
| Net assets without donor restrictions | $19,771,156 |
| Net assets with donor restrictions | $2,073,178 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $44,616,043 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that California Medical Association has recieved totaling $829,318.
| Awarding Organization | Amount |
|---|---|
California Medical Association Properties Inc Sacramento, CA PURPOSE: A Board designated contribution transferred to California Medical Association primarily to support operating programs and activities. | $752,000 |
California Healthcare Foundation Oakland, CA PURPOSE: TELEHEALTH SUPPORT FOR SMALL AND MEDIUM-SIZED PHYSICIAN PRACTICES | $77,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Academy Of Ophthalmology Inc San Francisco, CA | $120,788,261 | $63,345,501 |
California Medical Association Sacramento, CA | $44,616,043 | $29,620,580 |
United States And Canadian Academy Of Pathology Inc Palm Springs, CA | $20,874,518 | $11,607,843 |
Housecall Providers Pc Portland, OR | $5,329,467 | $6,826,462 |
American Association Of Gynecological Laparoscopists Inc Cypress, CA | $12,220,540 | $5,191,247 |
Dermatology Education Foundation San Jose, CA | $2,970,189 | $2,956,034 |
California Society Of Anesthesiologists Inc Sacramento, CA | $3,430,433 | $1,887,155 |
Pediatric Dermatology Research Alliance Inc Portland, OR | $1,440,239 | $1,370,056 |
Western Section American Urological Association Inc Santa Ana, CA | $3,928,603 | $1,334,848 |
American College Of Emergency Physicians Sacramento, CA | $2,901,679 | $1,155,856 |
Childrens Cancer Network Chandler, AZ | $878,056 | $1,227,482 |
North American Board Of Naturopathic Examiners Portland, OR | $1,138,894 | $888,368 |