Alameda-Contra Costa Medical Assn is located in Lafayette, CA. The organization was established in 1939. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alameda-Contra Costa Medical Assn 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 09/2023, Alameda-Contra Costa Medical Assn generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.8m during the year ending 09/2023. While expenses have increased by 4.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE PUBLIC HEALTH, THE QUALITY OF THE PRACTICE OF MEDICINE AND PATIENTS' ACCESS TO CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL ADVANCEMENT OF THE MEDICAL PROFESSION TO PROVIDE HIGH QUALITY HEALTH CARE SERVICES TO PATIENTS AND SERVE THE PUBLIC INTEREST.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shakir A Hyder MD Director | Trustee | 2 | $0 |
Thomas R Powers MD Director | Trustee | 2 | $0 |
Stephen E Post MD Director | Trustee | 2 | $0 |
Suresh K Sachdeva MD Director | Trustee | 2 | $0 |
James H Hanson MD Director | Trustee | 2 | $0 |
Richard B Rabens MD Director | Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,886,682 |
| Investment income | $439,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $184,401 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,766,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $294,937 |
| Compensation of current officers, directors, key employees. | $73,734 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $554,645 |
| Pension plan accruals and contributions | $117,396 |
| Other employee benefits | $107,320 |
| Payroll taxes | $57,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,333 |
| Fees for services: Accounting | $23,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,688 |
| Fees for services: Other | $168,631 |
| Advertising and promotion | $0 |
| Office expenses | $10,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,515 |
| Travel | $129,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,336 |
| Insurance | $21,488 |
| All other expenses | $18,634 |
| Total functional expenses | $1,779,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,421 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,084 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $32,613 |
| Net Land, buildings, and equipment | $67,384 |
| Investments—publicly traded securities | $10,471,194 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $627,497 |
| Total assets | $11,742,193 |
| Accounts payable and accrued expenses | $304,385 |
| Grants payable | $0 |
| Deferred revenue | $316,463 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $314,706 |
| Total liabilities | $935,554 |
| Net assets without donor restrictions | $10,806,639 |
| Net assets with donor restrictions | $0 |
| 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 | $11,742,193 |