Skip to main content

Nonprofit · EIN 93-0933975

CAREOREGON INC

Tax-exempt · PORTLAND, OR 97204

Financials

$2.5B$2.4B2023$2.5B$2.8B2024
Revenue Expenses · by fiscal year end
Financials of CAREOREGON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,544,041,347$2,805,316,795-$261,275,448$1,120,404,645$730,498,114$389,906,531
December 31, 2023990$2,483,276,974$2,433,101,691$50,175,283$1,282,104,525$540,970,963$741,133,562
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,463,612
of which government grants
$4,219,537
Program service revenue
$2,470,959,129
Investment income
$69,252,701
Net rental income
-$634,200
Net gain from sales of assets
$36,612,599
Other revenue
-$634,095

Expenses

Grants and similar amounts paid
$35,659,990
Compensation of officers, directors and key employees
$3,824,475
Other salaries and wages
$101,637,292
Salaries, compensation and benefits (total)
$205,887,779
Professional fundraising fees
$0
Legal fees
$401,089
Accounting fees
$271,540
Occupancy
$2,719,610
Travel
$694,871
Depreciation
$1,553,027
Program services (functional)
$2,690,905,369
Management and general (functional)
$114,052,989
Fundraising (functional)
$358,437

Balance sheet and other

Total assets, start of year
$1,282,104,525
Total assets, end of year
$1,120,404,645
Total liabilities, end of year
$730,498,114
Net assets, end of year
$389,906,531
Land, buildings and equipment
$25,438,396
Publicly traded securities
$788,286,056
Net assets without donor restrictions
$389,892,074
Net assets with donor restrictions
$14,457
Gross unrelated business income
-$813
Gross receipts
$2,565,175,050
Employees
1,826
Volunteers
144
Year formed
1994
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ERIC C HUNTERCEO, PRESIDENT & BOARD OF DIRECTORS
Trustee or director, Officer
40$882,380$48,391
AMIT R SHAHCHIEF MEDICAL OFFICER
Key employee
40$633,184$63,954
AMY L DOWDCHIEF OPERATIONS OFFICER
Key employee
40$476,530$71,425
TERESA K LEARNCFO, BOARD TREASURER
Officer
40$439,961$53,621
MARY B ENGRAVSR MED. DIR. - BENEFIT/UTILIZATION
Highest-paid employee
40$397,827$72,003
SAFINA F KOREISHISR. MED. DIRECTOR, CLINICAL SERVICES
Highest-paid employee
40$402,731$56,166
JOHN BISCHOFMEDICAL DIRECTOR - BEHAVIORAL HEALTH
Highest-paid employee
40$379,748$65,581
ANDREW D LUTHERMEDICAL DIRECTOR - CLINICAL SERVICES
Highest-paid employee
40$360,388$76,300
ALYSSA FRANZENVICE PRESIDENT, ORAL HEALTH
Highest-paid employee
40$376,312$55,460
REBECCA S RAMSAYVICE PRESIDENT, HOUSECALL PROVIDERS
Key employee
40$353,711$76,760
NORA R LEIBOWITZCHIEF MEDICAID PROGRAM OFFICER
Key employee
40$360,192$53,515
JAMES L MASONCHIEF EQUITY, DIVERSITY & INCLUSION OFFICER
Key employee
40$352,227$60,860
NATHAN CORLEYSVP, INFO SVCS/ANALYTICS
Key employee
40$347,701$51,150
JEREMIAH RIGSBYCHIEF OF STAFF & SECRETARY
Officer
40$294,869$33,365
DAMIEN R HALLBOARD CHAIR
Trustee or director, Officer
4$0$0
11 more people on this return
NameTitleHours / weekCompensation
SUSAN M HENNESSYBOARD VICE CHAIR
Trustee or director, Officer
4$0
KERRY BARNETTBOARD OF DIRECTOR
Trustee or director
4$0
ANDREW MCCULLOCHBOARD OF DIRECTOR
Trustee or director
4$0
HYOSUK RHEEBOARD OF DIRECTOR
Trustee or director
4$0
TAEKYUNG HANBOARD OF DIRECTOR
Trustee or director
4$0
WOODRUFF J ENGLISH IIBOARD OF DIRECTOR
Trustee or director
4$0
LARRY GAINES DIDWAY JRBOARD OF DIRECTOR
Trustee or director
4$0
JACQUELINE MERCERBOARD OF DIRECTOR
Trustee or director
4$0
JONATHAN PAUL BETLINSKIBOARD OF DIRECTOR
Trustee or director
4$0
TINA EDLUNDBOARD OF DIRECTOR
Trustee or director
4$0
KIM HELLERBOARD OF DIRECTOR
Trustee or director
4$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
ERIC C HUNTERCEO, PRESIDENT & BOARD OF DIRECTOR
Trustee or director, Officer
40$831,546$46,048
AMIT R SHAHCHIEF MEDICAL OFFICER
Key employee
40$583,540$59,017
AMY L DOWDCHIEF OPERATIONS OFFICER
Key employee
40$442,377$66,259
TERESA K LEARNCFO, BOARD TREASURER
Officer
40$398,421$48,676
JOHN BISCHOFMEDICAL DIRECTOR - BEHAVIORAL HEALTH
Highest-paid employee
40$372,505$60,126
ANDREW D LUTHERMEDICAL DIRECTOR - CLINICAL SERVICES
Highest-paid employee
40$353,607$69,752
MARY B ENGRAVMED. DIRECTOR - BENEFIT/UTILIZATION
Highest-paid employee
40$358,864$62,312
ALYSSA FRANZENMEDICAL DIRECTOR - VP DENTAL
Highest-paid employee
40$368,940$51,186
DOUGLAS R LUTHERSR. MEDICAL DIRECTOR, OPERATIONS
Highest-paid employee
40$386,186$30,435
REBECCA S RAMSAYVICE PRESIDENT, HOUSECALL PROVIDERS
Key employee
40$323,460$71,487
JAMES L MASONCHIEF EQUITY, DIVERSITY & INCLUSION OFFICER
Key employee
40$339,112$53,019
NORA R LEIBOWITZCHIEF STRATEGY OFFICER
Key employee
40$339,554$50,220
NATHAN CORLEYVICE PRESIDENT, INFO SVCS/ANALYTICS
Key employee
40$313,853$42,677
JEREMIAH RIGSBYCHIEF OF STAFF & SECRETARY
Officer
40$270,022$29,821
DAMIEN R HALLBOARD CHAIR
Trustee or director, Officer
4$0$0
SUSAN M HENNESSYBOARD VICE CHAIR
Trustee or director, Officer
4$0$0
KERRY BARNETTBOARD OF DIRECTOR
Trustee or director
4$0$0
ANDREW MCCULLOCHBOARD OF DIRECTOR
Trustee or director
4$0$0
GLENN S RODRIQUEZBOARD OF DIRECTOR (THRU 03/23)
Trustee or director
4$0$0
BRENDA I JOHNSONBOARD OF DIRECTOR (THRU 03/23)
Trustee or director
4$0$0
HYOSUK RHEEBOARD OF DIRECTOR
Trustee or director
4$0$0
TAEKYUNG HANBOARD OF DIRECTOR
Trustee or director
4$0$0
GINA F NIKKELBOARD OF DIRECTOR (THRU 03/23)
Trustee or director
4$0$0
WOODRUFF J ENGLISH IIBOARD OF DIRECTOR
Trustee or director
4$0$0
LARRY GAINES DIDWAY JRBOARD OF DIRECTOR
Trustee or director
4$0$0
JACQUELINE MERCERBOARD OF DIRECTOR
Trustee or director
4$0$0
JONATHAN PAUL BETLINSKIBOARD OF DIRECTOR
Trustee or director
4$0$0
TINA EDLUNDBOARD OF DIRECTOR (EFF. 05/23)
Trustee or director
4$0$0
KIM HELLERBOARD OF DIRECTOR (EFF. 05/23)
Trustee or director
4$0$0

Address and contacts

Address (IRS master file)
315 SW 5TH AVE, PORTLAND, OR 97204-1703
In care of
% FINANCE
Principal officer (990 for 2024)
ERIC HUNTER, 315 SW 5TH AVE, PORTLAND, OR 97204
Signed the 990
TERESA K LEARN, CHIEF FINANCIAL OFFICER
Phone
(503) 416-4100
Return prepared by
KPMG LLP

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • OREGON HEALTH PLAN (MEDICAID) PROGRAM - SEE SCHEDULE O
    Expenses $2,582,380,401 · revenue $2,387,257,424
  • MEDICARE PLAN - SEE SCHEDULE O
    Expenses $40,074,625 · revenue $41,801,394
  • COMMUNITY REINVESTMENT - SEE SCHEDULE O
    Expenses $35,659,990 · grants $35,659,990
  • 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.
    Expenses $32,790,353 · revenue $41,901,229

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
93-0933975
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E31Z)
Assets (IRS master file)
$1,120,404,645
Income (IRS master file)
$2,565,175,050

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,544,041,347$2,805,316,795$1,120,404,645XML
990-TDecember 2024–––IRS
990December 2023$2,483,276,974$2,433,101,691$1,282,104,525XML
990-TDecember 2023–––IRS
990December 2022$2,159,210,951$2,051,012,067$1,170,734,548IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-0933975).

Questions about CAREOREGON INC

What is the EIN of CAREOREGON INC?
The employer identification number (EIN) of CAREOREGON INC is 93-0933975.
Is CAREOREGON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to CAREOREGON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAREOREGON INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAREOREGON INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAREOREGON INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAREOREGON INC?
The 990 for the year ended December 31, 2024 names ERIC HUNTER.
Who are the officers and directors of CAREOREGON INC?
The 990 for the year ended December 31, 2024 lists 26 people; 14 received compensation from the organization, the highest $882,380 (ERIC C HUNTER, CEO, PRESIDENT & BOARD OF DIRECTORS).
How much revenue does CAREOREGON INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,544,041,347, expenses of $2,805,316,795 and total assets of $1,120,404,645 at year end.

Other nonprofits in PORTLAND

All nonprofits in PORTLAND · Oregon · Health care