Careoregon Inc
96% goes to programs $8 to raise $100 Growing revenue
Careoregon Inc is a 501(c)(3) organization based in Portland, Oregon, registered in 1989, with $2,544,041,347 in FY2024 revenue. CharityIndex grades it B+, and it directs about 96% of spending to programs.
315 Sw 5th Ave, Portland, OR, 97204 EIN 93-0933975 Since 1989
Revenue (FY2024)
$2.5B
▲ 2.4% vs prior year
Health median: $840K
Expenses (FY2024)
$2.8B
Net assets
$389.9M
Employees
1,826
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating96% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Careoregon Inc: 96% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Careoregon Inc: 2 mo reserves · -10% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Careoregon Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Careoregon Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To inspire and partner to create quality and equity in individual and community health.
What they do
The ccos we support provide access for approximately 550,000 low-income oregonians. our work involves coordinating quality health care for members and contracting with public and private providers to provide health care services, including physical, mental and oral health. we provide customer service functions for these ccos, assist with health improvement plans for the various communities and provide technical support for information services, human resources, communications, process improvement and other functions. these services result in better access to quality health care, lower costs, and improved care for our members and for the communities we serve.
Contact & location
- Address
- 315 Sw 5th Ave, Portland, OR, 97204
- City
- Portland
- State
- Oregon
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $564.4M (FY2013) to $2.5B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $730.5MNet assets $389.9M
Operating margin
-10.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$730.5M
Net assets
$389.9M
Salaries & benefits
$205.9M
7% of expenses
Board members
13
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,544,041,347▲2.4% | $2,805,316,795▲15.3% | $389,906,531▼47.4% | $1,120,404,645▼12.6% | 990 |
| 2023 | $2,483,276,974▲15.0% | $2,433,101,691▲18.6% | $741,133,562▲11.2% | $1,282,104,525▲9.5% | 990 |
| 2022 | $2,159,210,951▲12.6% | $2,051,012,067▲18.7% | $666,589,694▲5.8% | $1,170,734,548▲18.8% | 990 |
| 2021 | $1,916,895,464▲11.4% | $1,727,237,243▲6.4% | $630,088,480▲41.8% | $985,142,638▲43.0% | 990 |
| 2020 | $1,720,355,005▲38.7% | $1,623,207,687▲38.0% | $444,365,182▲35.0% | $689,139,364▲40.5% | 990 |
| 2019 | $1,240,618,176▲8.1% | $1,176,205,264▲7.2% | $329,199,630▲30.5% | $490,449,468▲14.7% | 990 |
| 2018 | $1,147,714,463▲33.3% | $1,097,074,601▲21.7% | $252,266,750▲11.2% | $427,700,632▲2.4% | 990 |
| 2017 | $861,208,485▼2.9% | $901,792,963▲0.7% | $226,953,695▼21.3% | $417,596,891▼0.1% | 990 |
| 2016 | $886,484,288▼5.9% | $895,929,629▲5.2% | $288,540,729▼1.2% | $417,953,032▼1.8% | 990 |
| 2015 | $941,933,554▲10.6% | $851,401,936▲11.4% | $291,928,122▲26.0% | $425,539,455▲16.9% | 990 |
| 2014 | $851,464,979▲50.9% | $764,047,916▲35.2% | $231,725,581▲64.3% | $364,099,954▲69.5% | 990 |
| 2013 | $564,355,054 | $564,971,499▼4.8% | $141,057,744▼5.6% | $214,783,906▼0.8% | 990 |
| 2012 | — | $593,312,887▲8.6% | $149,382,030▲0.7% | $216,579,544▲3.8% | 990 |
| 2011 | — | $546,230,914▲18.1% | $148,320,330▲23.3% | $208,688,201▲4.4% | 990 |
| 2010 | — | $462,376,094 | $120,244,635 | $199,949,462 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Eric C Hunter — $882,380 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Eric C Hunter | Ceo, President & Board of Directors | 40 | $882,380 |
| Amit R Shah | Chief Medical Officer | 40 | $633,184 |
| Amy L Dowd | Chief Operations Officer | 40 | $476,530 |
| Teresa K Learn | Cfo, Board Treasurer | 40 | $439,961 |
| Safina F Koreishi | Sr. Med. Director, Clinical Services | 40 | $402,731 |
| Mary B Engrav | Sr Med. Dir. - Benefit/utilization | 40 | $397,827 |
| John Bischof | Medical Director - Behavioral Health | 40 | $379,748 |
| Alyssa Franzen | Vice President, Oral Health | 40 | $376,312 |
| Andrew D Luther | Medical Director - Clinical Services | 40 | $360,388 |
| Nora R Leibowitz | Chief Medicaid Program Officer | 40 | $360,192 |
| Rebecca S Ramsay | Vice President, Housecall Providers | 40 | $353,711 |
| James L Mason | Chief Equity, Diversity & Inclusion Officer | 40 | $352,227 |
| Nathan Corley | Svp, Info Svcs/analytics | 40 | $347,701 |
| Jeremiah Rigsby | Chief of Staff & Secretary | 40 | $294,869 |
| Andrew Mcculloch | Board of Director | 4 | — |
| Damien R Hall | Board Chair | 4 | — |
| Hyosuk Rhee | Board of Director | 4 | — |
| Jacqueline Mercer | Board of Director | 4 | — |
| Jonathan Paul Betlinski | Board of Director | 4 | — |
| Kerry Barnett | Board of Director | 4 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Prime Technology Group | Software Development and Implementations | $2,779,028 |
| Zelis Payment Holdings | Healthcare Business Solutions | $1,076,678 |
| Certified Languages International | Medical & Call Center Interpretation Svc | $630,374 |
| Buchalter | Legal and Professional Services | $507,277 |
| Kpmg LLP | Audit and Tax Professional Services | $409,300 |
Grants received · $472K total
8 grants to Careoregon Inc totaling $472K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ocf Joseph E Weston Public Foundation | Physical health | 2024 | $85,000 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2023 | $82,000 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2022 | $80,000 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2021 | $71,000 |
| Ocf Joseph E Weston Public Foundation | Health care | 2020 | $59,000 |
| Ocf Joseph E Weston Public Foundation | Health care | 2019 | $47,000 |
| Ocf Joseph E Weston Public Foundation | Health care | 2018 | $40,000 |
| Ocf Joseph E Weston Public Foundation | Health care | 2017 | $7,500 |
Grants made · $34.0M in FY2024
135 grants totaling $34.0M in FY2024 — showing the 15 largest. All grants made by Careoregon Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Legacy Emanuel Hospital & Health Center | Operational funding for the unity center for behavioral health and other support grants | $10,100,000 |
| Billi Irene Odegaard Fund | Scholarship endowment fund for the underrepresented | $2,200,000 |
| Trillium Family Services Inc | Youth subacute and psychatric residential treatment program | $2,035,000 |
| Ride Connection Inc | Fioc nemt community investment | $1,905,000 |
| Neighborhood Health Center | Clinic expansion | $1,515,000 |
| Coda Inc | Center for additions treatment & triage expension | $1,416,000 |
| Morrison Child & Family Services | Strategic healthcare investment for transformation (shift) grants and others | $1,119,533 |
| 4d Recovery | Recovery center housing project | $1,112,500 |
| Cascadia Health | Strategic healthcare investment for transformation (shift) grant and others | $1,030,000 |
| Columbiacare Services Inc | Strategic healthcare investment for transformation (shift) grant | $820,000 |
| Volunteers of America Inc | Strategic healthcare investment for transformation (shift) grant and other grants | $780,000 |
| New Narrative | Strategic healthcare investment for transformation (shift) grants and others | $710,000 |
| Clackamas County | Strategic healthcare investment for transformation (shift) grant | $670,000 |
| Providence Portland Medical Foundation | Inpatient facility expansion and workforce support grant | $650,000 |
| Multnomah County Health Department | Human services call center | $501,618 |
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Frequently asked questions
- Is Careoregon Inc a legitimate nonprofit?
- Yes. Careoregon Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 93-0933975, based in Portland, Oregon. Donations are tax-deductible.
- What is Careoregon Inc's EIN?
- Careoregon Inc's Employer Identification Number (EIN) is 93-0933975.
- How much revenue does Careoregon Inc report?
- Careoregon Inc reported $2,544,041,347 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Careoregon Inc's spending goes to programs?
- Careoregon Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Careoregon Inc have?
- CharityIndex grades Careoregon Inc B+, based on program efficiency and fundraising cost.
- How much does Careoregon Inc's highest-paid employee make?
- The highest reported compensation on Careoregon Inc's latest Form 990 is $882,380, paid to Eric C Hunter (Ceo, President & Board of Directors).
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Data for Careoregon Inc (EIN 93-0933975) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.