CareOregon is a health finance organization based in Portland, OR that was founded in 1994. As of 2019 they had $1.1 billion in revenue and $427 million in assets.
As a community benefit organization to assure Oregon's vulnerable populations receive access to high-quality health care from a stable network by a well-managed, financially sound organization.
CareOregon makes grants to other organizations, such as $512,611 to Central City Concern (CCC) for "Housing Is Healthcare Projects"; $488,792 to La Clinica Del Valle Family Health Care Center for "Primary Care Investment Fund Program"; $474,203 to Virginia Garcia Memorial Health Center (VGMHC) for "Primary Care Investment Fund Project"; $60,500 to Rogue Retreat for "Medication Assisted Treatment Program"; and $53,867 to Dental3 for "Contribution for Providing Dental Preventative Services for Uninsured Children".
EIN:
93-0933975
City:
State:
Website:
Phone:
503-416-4100
Facebook:
Twitter:
Founded:
1994
Type:
501(c)(3)
NTEE:
Revenue:
$1,147,714,463
Assets:
$427,700,632
Employees:
1,007
Fiscal year end:
December
Form 990s for CareOregon
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Jan 10, 2020 | 990 | View PDF |
| 2017-12 | Feb 21, 2019 | 990 | View PDF |
| 2016-12 | Dec 4, 2017 | 990 | View PDF |
| 2015-12 | Apr 5, 2017 | 990 | View PDF |
| 2014-12 | Feb 3, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs |
Financials for CareOregon
| Field | 2018 | 2017 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $0 | $0 | |
| Government grants (contributions) | $114,924 | $369,478 | -68.9% |
| Normal grants, contributions, etc. | $172,860 | $104,624 | 65.2% |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $287,784 | $474,102 | -39.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $287,784 | $474,102 | -39.3% |
| Program services | $1,114,298,304 | $824,022,338 | 35.2% |
| Investment income and dividends | $6,796,207 | $6,928,018 | -1.9% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $225,020 | $147,856 | 52.2% |
| Net gain from sale of non-inventory assets | $9,052,656 | $17,508,322 | -48.3% |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $17,054,492 | $12,127,849 | 40.6% |
| Total revenues | $1,147,714,463 | $861,208,485 | 33.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Grants to govts. and orgs. in USA | $3,118,814 | $4,057,806 | -23.1% |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $2,327,546 | $2,034,413 | 14.4% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $69,050,984 | $58,086,831 | 18.9% |
| Pension/retirement accruals and contributions | $4,245,885 | $3,709,274 | 14.5% |
| Other employee benefits | $8,964,187 | $7,493,879 | 19.6% |
| Payroll taxes | $5,479,421 | $4,710,989 | 16.3% |
| Management fees | $0 | $0 | |
| Legal fees | $281,940 | $486,678 | -42.1% |
| Accounting fees | $288,148 | $271,696 | 6.1% |
| Lobbying fees | $25,000 | $266,623 | -90.6% |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $690,833 | $712,462 | -3.0% |
| Other fee-for-service | $8,667,493 | $7,514,622 | 15.3% |
| Advertising and promotion | $196,676 | $956,861 | -79.4% |
| Office expenses | $1,991,746 | $1,644,988 | 21.1% |
| Information tech. expenses | $6,904,725 | $5,441,249 | 26.9% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $1,760,316 | $1,732,308 | 1.6% |
| Travel | $567,261 | $663,233 | -14.5% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $350,373 | $473,166 | -26.0% |
| Interest | $-50,337 | $-12,792 | -293.5% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $4,064,464 | $4,674,904 | -13.1% |
| Insurance | $253,677 | $255,673 | -0.8% |
| All other expenses | $977,895,449 | $796,618,100 | 22.8% |
| Total expenses | $1,097,074,601 | $901,792,963 | 21.7% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $31,157 | $52,000 | -40.1% |
| Savings, short-term investments, etc. | $78,938,759 | $46,894,590 | 68.3% |
| Pledges and grants receivable | $0 | $159,131 | -100% |
| Accounts receivable | $20,948,538 | $36,539,342 | -42.7% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $926,227 | $1,196,450 | -22.6% |
| Inventories for use | $6,041 | $343 | 1661.2% |
| Prepaid expenses and deferred charges | $5,216,083 | $3,922,929 | 33.0% |
| Buildings, equipment, etc. post-depreciation | $19,339,711 | $21,196,501 | -8.8% |
| Investments, publicly traded securities | $264,626,481 | $229,806,481 | 15.2% |
| Investments, other securities | $0 | $73,317,654 | -100% |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $37,667,635 | $4,511,470 | 734.9% |
| Total assets | $427,700,632 | $417,596,891 | 2.4% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $21,057,303 | $23,047,249 | -8.6% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $242,524 | $368,153 | -34.1% |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $154,134,055 | $167,227,794 | -7.8% |
| Total liabilities | $175,433,882 | $190,643,196 | -8.0% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $252,237,842 | $226,853,465 | 11.2% |
| Temporarily restricted net assets | $28,908 | $100,230 | -71.2% |
| Permanently restricted net assets | $0 | $0 | |
Vendors for CareOregon
| Vendor | Services | Amount paid | Date |
|---|
| Microsoft Services | Software | | 2020-09-05 |
| ████ ███ | Tax accounting; Audit accounting | | 2019-12-31 |
| ██████ ██████ ███ ████████ ███ | Insurance agent or broker | $289 | 2019-12-31 |
| █████ ████ █████████ ███████ | Insurance | | 2019-12-31 |
| ████████████████ █████████ ███████ | Insurance | | 2019-12-31 |
| ████████ █████████ ███████ | Insurance | | 2019-12-31 |
| █████████ ████ █████████ ███████ | Investment management; Insurance; Contract Administrator, Participant loan processing | $176,561 | 2019-12-31 |
| ████████████ ████ █████████ ███████ | Insurance | | 2019-12-31 |
| ...and 12 more vendors |
Personnel at CareOregon
| Name | Title | Compensation | Most recent data |
|---|
| Eric C. Hunter | Chief Executive Officer , President and Board | $467,177 | June 12, 2020 |
| Gregory P Morgan | Chief Operations Officer | $212,994 | Dec. 31, 2018 |
| █████████ █ █████ | Chief Operating Officer , Board Secretary | $136,855 | Dec. 31, 2018 |
| ██████ ███████ █████ | Chief Financial Officer , Board Treasurer | $272,031 | Jan. 10, 2020 |
| ████ █ ████ | Chief Medical Officer | $349,789 | Dec. 31, 2018 |
| ██████ ███████ | Vice President , Dental | $225,158 | Dec. 31, 2018 |
| ██████ ██████ | Vice President , Info Services and Analytics | $202,722 | Dec. 31, 2018 |
| ███████ ██████ | Vice President , Housecall Providers | $228,119 | Dec. 31, 2018 |
| ████ █ ███████ | Medical Director | $266,980 | Dec. 31, 2018 |
| ███████ █ ██████ | Senior Medical Director , Operations | $304,472 | Dec. 31, 2018 |
| ...and eight more key personnel |
Peer health care financing and insurance organizations
| | Name | Type | Revenue | Location |
|---|
| 1 | Kaiser Permanente of Georgia | 501(c)(3) | $2.1 billion | Oakland, CA |
| 2 | Fallon Health | 501(c)(3) | $1.5 billion | Worcester, MA |
| 3 | Harvard Pilgrim Health Care | 501(c)(3) | $1.9 billion | Wellesley, MA |
| 4 | Elderplan | 501(c)(3) | $1.0 billion | Brooklyn, NY |
| 5 | MetroPlus Health Plan | 501(c)(3) | $3.1 billion | New York, NY |
| 6 | Providence Health Plan | 501(c)(4) | $1.4 billion | Renton, WA |
| 7 | Health Alliance Plan of Michigan | 501(c)(4) | $1.4 billion | Detroit, MI |
| 8 | Capital Health Plan (CHP) | 501(c)(4) | $876 million | Tallahassee, FL |
| 9 | The Health Plan | 501(c)(4) | $582 million | St Clairsville, OH |
| 10 | Health First Health Plans | 501(c)(4) | $443 million | Rockledge, FL |
| 11 | Scott & White Health Plan | 501(c)(4) | $738 million | Temple, TX |
| 12 | Independent Health Association | 501(c)(4) | $1.4 billion | Buffalo, NY |
| 13 | AvMed | 501(c)(4) | $991 million | Gainesville, FL |
| 14 | Health New England | 501(c)(4) | $773 million | Springfield, MA |
| 15 | Capital District Physicians Health Plan (CDPHP) | 501(c)(4) | $1.5 billion | Albany, NY |
| 16 | Maine Community Health Options | 501(c)(29) | $424 million | Lewiston, ME |
| 17 | Geisinger Health Plan | 501(c)(4) | $2.7 billion | Danville, PA |
| 18 | Delta Dental Plan of Oregon | 501(c)(4) | $384 million | Portland, OR |
| 19 | Delta Dental of Wisconsin | 501(c)(4) | $754 million | Stevens Point, WI |
| 20 | Delta Dental of Pennsylvania | 501(c)(4) | $770 million | Mechanicsburg, PA |
| 21 | SelectHealth | 501(c)(4) | $3.2 billion | Murray, UT |
| 22 | Delta Dental of Colorado / Colorado Dental Service Inc | 501(c)(4) | $450 million | Denver, CO |
| 23 | Delta Dental of Missouri | 501(c)(4) | $623 million | St Louis, MO |
| 24 | Northeast Delta Dental | 501(c)(4) | $364 million | Concord, NH |
| 25 | Delta Dental Plan of Michigan | 501(c)(4) | $2.1 billion | Okemos, MI |