EIN 31-1703368

CareSource

IRS 501(c) type
501(c)(3)
Num. employees
5,303
City
State
Year formed
1999
Most recent tax filings
2023-12-01
NTEE code, primary
Description
CareSource, a nonprofit health plan, is one of the nation’s largest Managed Medicaid Plans. Headquartered in Dayton, CareSource serves more than 1.5 million consumers in Ohio, Kentucky, Indiana, and West Virginia.
Also known as...
Caresource Management Group
Total revenues
$2,546,732,879
2023
Total expenses
$1,380,461,409
2023
Total assets
$3,545,839,148
2023
Num. employees
5,303
2023

Program areas at CareSource

CareSource, as a supporting organization under section 509(a)(3) of the Internal Revenue Code, provides strategic oversight to its supported organizations, CareSource Ohio, Inc., CareSource Indiana, Inc., CareSource Kentucky Co, CareSource Georgia Co., CareSource West Virginia Co., and CareSource Life Services Co. (The "CareSource Public Charities"). These supported organizations are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. (Continued on Schedule O)

Grants made by CareSource

GranteeGrant descriptionAmount
The CareSource FoundationFunding for Grants To Be Made on Behalf Of, Pursuant To Instructions From, and To Further the Charitable Purposes of Caresource's Supported Organizations$3,500,000
The Dayton FoundationGeneral Support$2,001,000
Ohio's HospiceGeneral Support$1,000,000
...and 123 more grants made totalling $15,211,240

Who funds CareSource

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Dayton Area Health Information NetworkFor Health Care Preparedness$15,823

Personnel at CareSource

NameTitleCompensation
Erhardt H. PreitauerPresident and Chief Executive Officer$0
Fred SchulzChief Operating Officer
Lawrence SmartChief Financial Officer$2,282,374
Devon ValenciaChief Information Officer$0
Jennifer DoughertyChief Human Resources Officer$1,846,632
...and 11 more key personnel

Financials for CareSource

RevenuesFYE 12/2023
Total grants, contributions, etc.$156,054
Program services$1,274,101,037
Investment income and dividends$1,271,557,124
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$436,925
Net gain from sale of non-inventory assets$481,739
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,546,732,879

Form 990s for CareSource

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s

Organizations like CareSource

OrganizationLocationRevenue
HealthPartnersMinneapolis, MN$1,261,559,253
Scott & White Health Plan (SWHP)Dallas, TX$1,180,624,554
BayCareClearwater, FL$1,016,136,880
Ascension SetonSt Louis, MO$3,006,403,037
Dignity Community CareSan Francisco, CA$3,559,115,237
Cincinnati Children's Hospital Medical Center (CCHMC)Cincinnati, OH$3,123,028,251
Children's Hospital ColoradoAurora, CO$1,884,261,865
Atrium Health Wake Forest Baptist MeWinstonsalem, NC$2,974,309,173
Indiana University HealthIndianapolis, IN$5,752,062,837
Dayton Children's HospitalDayton, OH$651,323,624
Data update history
January 24, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 12, 2025
Updated personnel
Identified 1 new personnel
January 11, 2025
Used new vendors
Identified 4 new vendors, including , , , and
January 3, 2025
Received grants
Identified 1 new grant, including a grant for $15,823 from Greater Dayton Area Health Information Network
October 20, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsInsurance companiesHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Political advocacyLobbyingPartially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 8738
Dayton, OH 45401
Metro area
Dayton-Kettering, OH
County
Montgomery County, OH
Website URL
caresource.com/ 
Phone
(937) 224-3300
IRS details
EIN
31-1703368
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E83: Health Care Financing
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Central organization
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