California Medical Association Properties Inc
The California Medical Association Properties, Inc. is a non-profit corporation whose principal function is to hold and invest funds on behalf of the California Medical Association, Inc. under the provision of IRS 501(c)(2).
Key facts about California Medical Association Properties Inc
In short: California Medical Association Properties Inc gave $10.7M across 1 grant in 2024 (avg $10.7M), mostly in California. Source: 2024 IRS Form 990.
- EIN
- 94-6062821
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $10,671,650
- Grants made (2024)
- 1
- Average grant
- $10,671,650
- Median grant
- $10,671,650
- Total assets
- $21,860,428
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$21.9M
-2.9% YoY
Annual Giving
$10.7M
+753.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$10.7M
+753.7% YoY
How California Medical Association Properties Inc gives
- Giving grew 826% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About California Medical Association Properties Inc
Based on IRS filings
California Medical Association Properties Inc is a public charity, based in Sacramento, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.9M in total assets. In 2024, it awarded 1 grant totaling $10.7M. Net investment income was $3.9M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $1.2M (2021) to $10.7M (2024). In 2024 it made 1 grant totaling $10.7M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was California Medical Association ($10.7M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 5 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| California Medical Association Sacramento, CA | The board has designated funds for a contribution to the related organization to support its program activities. | $10,671,650 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,860,428 | $22,517,466 | $21,481,310 |
| Revenue | $3,988,130 | $2,197,193 | $7,007,562 |
| Expenses | $10,990,860 | $2,934,571 | $2,939,937 |
| Net Investment Income | $3,859,002 | $2,197,193 | $1,070,885 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
California Medical Association Properties Inc is led by Shannon Udovic Constant MD, President since 2024 (on filings since 2020); none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Shannon Udovic Constant MD
President
Chair of Board of Trustees → President -Elect, 2023
President -Elect → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Sergio R Flores MD
Chair & Board of Trustees
Vice Chair & Board of Trustees → Vice Chair Board of Trustees, 2022
Vice Chair Board of Trustees → Chair & Board of Trustees, 2023
On filings since 2021
1 hr/week
No compensation reported
Dustin E Corcoran
Secretary-Treasurer
Secretary Treasurer → Chief Executive Officer, 2023
Chief Executive Officer → Secretary-Treasurer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Jack Chou MD
Vice Speaker & House of Delegates
Vice Speaker & House of Delegates → Speaker House of Delegates, 2022
Speaker House of Delegates → Vice Speaker & House of Delegates, 2023
On filings since 2020
1 hr/week
No compensation reported
Lance R Lewis
Chief Financial Officer
Chief Financial Officer → Chief Operating Officer, 2023
Chief Operating Officer → Chief Financial Officer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Donaldo Hernandez MD
Immediate Past President
President-Elect → President, 2022
President → Immediate Past President, 2023
On filings since 2021
1 hr/week
No compensation reported
Jamie Ostroff
Chief Legal Officer & General Counsel
Assistant Secretary General Counsel → Chief Legal Officer & General Counsel, 2023
On filings since 2022
1 hr/week
No compensation reported
Eric Hansen DO
Vice Chair & Board of Trustees
Vice Chair Board of Trustees → Vice Chair & Board of Trustees, 2024
On filings since 2023
1 hr/week
No compensation reported
George Fouras MD
Vice Speaker & House of Delegates
Vice Speaker House of Del. → Vice Speaker & House of Delegates, 2024
On filings since 2023
1 hr/week
No compensation reported
Michelle Chapanian
Assistant Secretary-Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Rene Bravo MD
President-Elect
New on the 2024 filing
1 hr/week
No compensation reported
Tatiana W Spirtos MD
Immediate Past President
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Robert E Wailes MD (2020–2023) — Immediate Past President
- Former: Tanya W Spirtos MD (2020–2023) — President
- Former: Lawrence C Cheung MD (2022–2023) — Vice Speaker House of Del.
- Former: Peter N Bretan MD (2020–2022) — Immediate Past President
- Former: Shannon Udovic-Constant MD (2021–2022) — Chair Board of Trustees
- Former: David Aizuss MD (2020–2021) — Immediate Past President
- Former: Francisco J Silva (2020–2021) — Assistant Secretary General Counsel
- Former: Lee T Snook MD (2020) — Past President - Elect Speaker
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about California Medical Association Properties Inc
How much does California Medical Association Properties Inc give each year?
California Medical Association Properties Inc gave $10.7M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.3M across 1 grant.
How large is California Medical Association Properties Inc?
California Medical Association Properties Inc reported $21.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.0M.
Where does California Medical Association Properties Inc operate?
California Medical Association Properties Inc has awarded grants in California.
What is California Medical Association Properties Inc's EIN?
California Medical Association Properties Inc's EIN (Employer Identification Number) is 94-6062821. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching California Medical Association Properties Inc by hand.
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Browse active grant opportunities in California Medical Association Properties Inc's focus areas in our free grants database
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