Art Chapman is the Chairman of JMA Ventures, a company he founded in 1986, headquartered in San Francisco.  JMA’s current assets include but are not limited to The Fairmont Heritage Place Hotel at Ghirardelli Square, the Epic and Waterbar restaurants in San Francisco, Homewood Mountain Resort at Lake Tahoe, The West Shore Café and Inn, ownership interests in the Squaw Valley and Alpine Meadows ski resorts, and the Red Lodge ski resort in Red Lodge Montana. Other assets include commercial properties in the State of Washington and Austin, Texas.

Art is a former Director of Community Development and Redevelopment in a large California city and served as a part time instructor in Public Administration and Community Development at the Center for Public Policy and Administration at California State University at Long Beach. He is a founding member and executive committee member of the Tahoe Fund and currently serves on the Board of Directors of the Tahoe Institute for Rural Health Research. He was also appointed to and served on the bi-state, California, Nevada consultation committee that guided the development of the recently adopted Tahoe Regional Plan which is administered by the Tahoe Regional Planning Agency. In 2011, Art was recognized as the Citizen of the Year by the North Lake Tahoe Resort Association.