CRC Real Estate Corporation
To hold, maintain and operate commercial buildings near the principal offices in the Orange county region of rady children's health (RCH) and its affiliates. All net funds derived by this organization from its operations will be transferred to or will be available for transfer to RCH, the exempt parent and sole corporate member of CRC Real Estate Corporation.
CRC Real Estate Corporation at a glance
- Total assets
- $87,831,897
- +0.9% vs 2024
- Revenue (2025)
- $11,268,904
- +3.3% vs 2024
- Net investment income (2025)
- $209,289
- +61.2% vs 2024
- Expenses (2025)
- $9,425,450
- +5.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who CRC Real Estate Corporation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $100K (2019) to $3.9M (2022). In 2023 it made 1 grant totaling $3.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Healthcare of California Orange, CA | Support | $3,600,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $87,831,897 | $11,268,904 | $9,425,450 | — | — | $209,289 |
| 2024 | $87,088,380 | $10,908,754 | $8,939,695 | — | — | $129,797 |
| 2023 | $85,613,050 | $10,555,142 | $11,777,826 | $3,600,000 | 1 | $18,299 |
| 2022 | $87,140,291 | $10,844,938 | $11,371,969 | $3,891,723 | 1 | $468 |
| 2021 | $87,263,581 | $8,473,881 | $6,661,014 | — | — | $307 |
| 2020 | $86,971,334 | $7,462,754 | $6,518,508 | — | — | $5,191 |
| 2019 | $87,676,431 | $21,674,544 | $6,209,013 | $100,000 | 1 | $30,364 |
About CRC Real Estate Corporation
Based on IRS filings
CRC Real Estate Corporation is a public charity focused on Health, based in Orange, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $87.8M in total assets. Net investment income was $209K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
CRC Real Estate Corporation is led by Kimberly C. Cripe, President & CEO since 2021 (on filings since 2019); none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kimberly C. Cripe
President & CEO
Director & President → President & CEO, 2021
On filings since 2019
1 hr/week
No compensation reported
Patrick Frias MD
President & CEO
New on the 2025 filing
1 hr/week
No compensation reported
Marshall Rowen MD
Chairman
Director & Chair → Chair, 2022
Chair → Chairman, 2023
On filings since 2019
1 hr/week
No compensation reported
Patrick Salas
Director
On filings since 2019
0.3 hrs/week
No compensation reported
Dave Willis
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Janet T. Davidson
Vice Chair
Director & Vice Chair → Vice Chair, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
Jay Gabriel
Chief Legal Officer & Secretary
On filings since 2019
1 hr/week
No compensation reported
Kerri Ruppert Schiller
Executive Vice President, CFO & Assistant Secretary
Executive Vice President, CFO & Assistant Secretary → Executive Vice President & CFO, 2022
Executive Vice President & CFO → Executive Vice President, CFO & Assistant Secretary, 2024
On filings since 2019
3 hrs/week
No compensation reported
Paul Van Dolah
CTO & Former COO
Executive Vice President & COO → Executive Vice President & CTO, 2024
Executive Vice President & CTO → CTO & Former COO, 2025
On filings since 2021
No compensation reported
Kimberly Milstien
Executive Vice President & COO
On filings since 2024
1 hr/week
No compensation reported
James Uli Jr.
Executive Vice President & CFO
New on the 2025 filing
1 hr/week
No compensation reported
Jill Strickland
Chief Administrative Officer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (4)
- Former: David Willis (2019–2021) — Director
- Former: Matthew Gerlach (2019–2021) — Executive Vice President & COO
- Former: David Dukes (2019) — Director
- Former: Jeff Elghanayan (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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 CRC Real Estate Corporation
How large is CRC Real Estate Corporation?
CRC Real Estate Corporation reported $87.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.3M.
What is CRC Real Estate Corporation?
CRC Real Estate Corporation is a public charity focused on Health, based in Orange, CA. It holds $87.8M in total assets as of 2025.
Where does CRC Real Estate Corporation operate?
CRC Real Estate Corporation has awarded grants in California.
What is CRC Real Estate Corporation's EIN?
CRC Real Estate Corporation's EIN (Employer Identification Number) is 33-0612565. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2019 (received by the IRS May 15, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in CRC Real Estate Corporation's focus areas in our free grants database
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