Cause IQ organization profile

CareSource Kentucky Co

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

CareSource Kentucky Co is a health finance organization based in Louisville, KY that was founded in 2014. As of 2019 they had $278 million in revenue and $78 million in assets.

To make a lasting difference in our members lives by improving their health and well-being. Caresource Kentucky co was incorporated on 3/4/2014 and entered the Kentucky health benefit exchange in 2014 with its qualified health plan, caresource just4me...

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at CareSource Kentucky Co

CareSource Kentucky Co. (CSKY or CareSource Kentucky) is a nonprofit organization established under the Commonwealth of Kentucky. CSKY was granted a Certificate of Authority by the Kentucky Department of Insurance (KDOI), allowing it to operate as a Health Maintenance Organization (HMO). On July 7, 2016, CSKY received a determination letter from the Internal Revenue Service, recognizing CSKY as an organization exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, effective as of the date of CSKY's formation. CSKY is a member of the CareSource group of nonprofit organizations (the "CareSource Group"). The mission of the CareSource Group is to make a lasting difference in its members' lives by improving their health and well-being. CSKY firmly adheres to this mission, which it terms as the organization's "heartbeat," by providing services that go well beyond the delivery of medical benefits. CSKY began offering a Qualified Health Plan (QHP) ...

Form 990s for CareSource Kentucky Co

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 23, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Apr 12, 2017990View PDF
2014-12Dec 7, 2017990View PDF
...and one more Form 990 PDF

Financials for CareSource Kentucky Co

Total grants, contributions, etc.$0
Program services$277,797,319
Investment income and dividends$313,271
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$278,110,590

Vendors for CareSource Kentucky Co

VendorServicesAmount paidDate
WordPressContent management system software2019-12-04
███ ████████Pharmacy Services$29,550,0612017-12-01
███████████ ██████ ███████ █████ ███████Medical Services$12,252,5792017-12-01
██████ ████████ ███Medical Services$8,674,4872017-12-01
██ █████████ ██████████ ██████ ███Medical Services$11,442,3522017-12-01
██████████ ██ ████████Medical Services$6,756,2282017-12-01

Personnel at CareSource Kentucky Co

NameTitleCompensationMost recent data
Erhardt PreitauerPresident and Chief Executive Officer-Dec. 5, 2019
Michael E. Ervin, MDPresident and Chief Executive Officer , Wright Health Associates , Retired / President and CEO, Wright Health Associates, Retired-Dec. 5, 2019
██████ ██ ██████Caresource Founding Chief Executive Officer and President: Pamela B Morris / President and Chief Executive Officer and Sec and Treas$0Dec. 5, 2019
███ ██████Chief Operating Officer-Dec. 5, 2019
█████ █████Chief Financial Officer$0Dec. 5, 2019
█ ███████ ██████Executive Vice President Operations and Chief Financial Officer$0Dec. 5, 2019
█████ ████████Chief Information Officer-Dec. 5, 2019
███ ██████Chief Administrative Officer-Dec. 5, 2019
███ ███ ███████Chief Clinical Officer-Dec. 5, 2019
███████ ███████Chief Legal Officer-Dec. 5, 2019
...and six more key personnel

Peer health care financing and insurance organizations

1Children's Community Health Plan (CCHP)501(c)(3)$460 millionMilwaukee, WI
2Group Health Cooperative of Eau Claire501(c)(3)$164 millionEau Claire, WI
3Union Health Service (UHS)501(c)(3)$74 millionChicago, IL
4Family Health Center of Marshfield (FHC)501(c)(3)$86 millionMarshfield, WI
5CareSource Indiana501(c)(3)$795 millionIndianapolis, IN
6CareOregon501(c)(3)$1.1 billionPortland, OR
7Neighborhood Health Plan of Rhode Island (NHPRI)501(c)(3)$1.3 billionSmithfield, RI
8Group Health Cooperative of South Central Wisconsin (GHC-SCW)501(c)(3)$417 millionMadison, WI
9Elderplan501(c)(3)$1.0 billionBrooklyn, NY
10Scripps Health Plan Services (SHPS)501(c)(3)$684 millionSan Diego, CA
11Delta Dental of Kentucky501(c)(4)$194 millionLouisville, KY
12Denver Health Medical Plan (DHMP)501(c)(4)$249 millionDenver, CO
13Cox Health Systems Insurance Company501(c)(4)$142 millionSpringfield, MO
14Gundersen Health Plan501(c)(4)$272 millionOnalaska, WI
15Harvard Pilgrim Health Care of New England501(c)(4)$569 millionWellesley, MA
16Capital Health Plan (CHP)501(c)(4)$876 millionTallahassee, FL
17Maine Community Health Options501(c)(29)$286 millionLewiston, ME
18Inter Valley Health Plan (IVHP)501(c)(4)$291 millionPomona, CA
19Hometown Health501(c)(4)$390 millionReno, NV
20Community Health Choice501(c)(4)$719 millionHouston, TX
21Medica501(c)(4)$1.0 billionMinnetonka, MN
22Delta Dental of Iowa501(c)(4)$185 millionJohnston, IA
23Mclaren Health Plan501(c)(4)$841 millionFlint, MI
24Colorado Choice Health Plans501(c)(4)$93 millionAlamosa, CO
25Community Health Network of Washington (CHNW)501(c)(4)$172 millionSeattle, WA