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Careoregon

Portland, OR · EIN 93-0933975 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Careoregon reported $2.54 billion in revenue and $2.81 billion in expenses for calendar year 2024. Of every $100 it spent, $95.92 went to program services, $4.07 to management and general costs and $0.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.1% of the total. The highest compensation it reported for one person was $930,771 (CEO, PRESIDENT & BOARD OF DIRECTORS). 487 people received more than $100,000 in reportable compensation. Revenue rose 105% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.81B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $2.54B

Other revenue was negative: −$634K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$930,771$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.03%1.34%
People paid over $100,000
Part VII, line 2
48727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.76.6
Independent voting board members
Part VI 1a–1b
12 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$2.58B expenses · 96.0% of program spending · revenue $2.39B

Oregon health plan (medicaid) program

$40M expenses · 1.5% of program spending · revenue $42M

Medicare plan

$36M expenses · 1.3% of program spending · grants $36M

Community reinvestment

$33M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO, PRESIDENT & BOARD OF DIRECTORS
Director/trustee, officer, 40.00 hrs/week
$882,380$0$48,391$930,771
CHIEF MEDICAL OFFICER
Key employee, 40.00 hrs/week
$633,184$0$63,954$697,138
CHIEF OPERATIONS OFFICER
Key employee, 40.00 hrs/week
$476,530$0$71,425$547,955
CFO, BOARD TREASURER
Officer, 40.00 hrs/week
$439,961$0$53,621$493,582
SR MED. DIR. - BENEFIT/UTILIZATION
Highest compensated employee, 40.00 hrs/week
$397,827$0$72,003$469,830
SR. MED. DIRECTOR, CLINICAL SERVICES
Highest compensated employee, 40.00 hrs/week
$402,731$0$56,166$458,897
MEDICAL DIRECTOR - BEHAVIORAL HEALTH
Highest compensated employee, 40.00 hrs/week
$379,748$0$65,581$445,329
MEDICAL DIRECTOR - CLINICAL SERVICES
Highest compensated employee, 40.00 hrs/week
$360,388$0$76,300$436,688

487 people received more than $100,000 in reportable compensation from Careoregon (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$1.00B$2.00B$3.00B$4.00B201920202021202220232024$2.54B$2.81B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$2.54B$2.81B95.9%$390M$930,771
2023 ⓘ$2.48B$2.43B95.7%$741M$877,594
2022 ⓘ$2.16B$2.05B95.8%$667M$796,686
2021 ⓘ$1.92B$1.73B95.5%$630M$652,464
2020 ⓘ$1.72B$1.62B95.4%$444M$637,026
2019 ⓘ$1.24B$1.18B94.8%$329M$583,090

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,826
  • Volunteers Part I, line 6144

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
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

Individuals listed as contractors are left out. 35 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Careoregon totaling $125 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Careoregon's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Careoregon, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Oregon

Questions people ask

How much of Careoregon's spending goes to programs?

In calendar year 2024, Careoregon reported that 95.9% of its $2.81 billion in expenses went to program services, 4.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Careoregon pay its top executive?

The largest total compensation Careoregon reported for one person in calendar year 2024 was $930,771, for the role of CEO, PRESIDENT & BOARD OF DIRECTORS (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Careoregon get its money?

Of $2.54 billion in revenue in calendar year 2024, 0.2% came from contributions and grants (including 0.2% from government grants) and 97.1% from program service revenue (Form 990, Part VIII).

Is Careoregon a registered charity?

The IRS lists EIN 93-0933975 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523049349302377 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443129349304969 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323129349304332 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349313666 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143169349303014 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013179349305801 · read the filing

All filings for EIN 93-0933975: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.