nonprofit logo

Caresource Indiana Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320121856 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Caresource Indiana Inc?

Caresource Indiana Inc is a nonprofit organization based in Dayton, Ohio, with a mission to make a lasting difference in the lives of its members by improving their health and well-being. Established under Indiana state law, it is a part of the CareSource Group, a collective dedicated to enhancing the lives of its members. Caresource Indiana goes beyond medical benefits, offering services that cater to the overall improvement of health and well-being. The organization is a Nonprofit Health Maintenance Organization (HMO) licensed by the State of Indiana.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Caresource Indiana Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 64%. This rating indicates that the organization may have significant areas requiring improvement, particularly in governance and transparency. Key points of concern include a lack of independent board members, which may impact objectivity in decision-making processes.

Despite these weaknesses, the organization demonstrates strengths in financial oversight, as evidenced by a perfect score in audit and oversight committee measures. Additionally, its program expense ratio is commendable at 87.82%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative expenses. However, the organization received zero points for having a website listed on its tax form, indicating gaps in public accessibility of important information.

Caresource Indiana Inc has established policies, including conflict of interest and whistleblower protections, which reflect a commitment to ethical governance. Nonetheless, the absence of independent board members, combined with low scores in transparency metrics such as the posting of tax forms on its website, highlights critical areas that need attention for future improvement and accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Caresource Indiana Inc legitimate?

Caresource Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caresource Indiana Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Caresource Indiana Inc?

Caresource Indiana Inc is a non-profit organization dedicated to making a significant difference in the lives of its members. The mission of this organization is to enhance the health and well-being of its members. CareSource Indiana's vision is to transform lives through innovative health and life services. The organization goes beyond just delivering medical benefits, adhering to its mission as the driving force behind its operations.

Who is the CEO of Caresource Indiana Inc?

Erhardt Preitauer is the President & Ceo of Caresource Indiana Inc. The CEO's salary of Caresource Indiana Inc is $0 and their total compensation is $7,910,538.

What is the revenue of Caresource Indiana Inc?

Caresource Indiana Inc's revenue in 2022 was $1,036,113,607.

Who are the executives of Caresource Indiana Inc and what are their salaries?


Here are 9 key members and their salaries (Caresource Indiana Inc's CEO's salary is $0 and their total compensation is $7,910,538):


Erhardt Preitauer (President & Ceo)
  • Compensation: $0
  • Related: $3,656,889
  • Other: $4,253,649
Jai Pillai (Chief Operating Officer)
  • Compensation: $0
  • Related: $1,235,514
  • Other: $871,311
Lawrence Smart (Chief Financial Officer)
  • Compensation: $0
  • Related: $1,072,888
  • Other: $998,867
Scott Markovich (Evp Markets & Products, Dir)
  • Compensation: $0
  • Related: $966,866
  • Other: $950,975
Daniel Mccabe (Chief Admin Officer (To 4/22))
  • Compensation: $0
  • Related: $1,505,969
  • Other: $14,895
Steve Smitherman (President Market, Director)
  • Compensation: $0
  • Related: $637,575
  • Other: $563,955
Stephanie Williams (Svp Ch Acty, Dir (Eff 4/22))
  • Compensation: $0
  • Related: $524,391
  • Other: $577,351
William Coffin Jr (Vp Mkt Finance, Dir (To 4/22))
  • Compensation: $0
  • Related: $524,895
  • Other: $22,301
David Finkel (Former Evp Markets, Director)
  • Compensation: $0
  • Related: $194,579
  • Other: $0
Where can I find the form 990 for Caresource Indiana Inc?

Caresource Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Caresource Indiana Inc

Caresource Indiana Inc, a nonprofit organization, dedicates itself to making a significant and enduring impact on the lives of its members by enhancing their health and overall well-being. The mission of this Indiana-licensed Health Maintenance Organization (HMO) is deeply rooted in its commitment to improving the health and lives of those it serves, beyond the scope of just delivering medical benefits.

Caresource Indiana's unwavering devotion to this mission is evident in its provision of comprehensive services, which reach far beyond the realm of healthcare. As part of the CareSource Group of nonprofit organizations, the organization is driven by a collective heartbeat - to make a lasting difference in the lives of its members. The team at Caresource Indiana is steadfast in its pursuit of this goal, consistently going above and beyond to uplift the health and well-being of the individuals it serves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

CareSource Indiana Inc significantly impacts the lives of its members by focusing on their health and well-being. The organization strives to transform the health care experience by not only providing essential medical benefits but also delivering innovative health and life services tailored to the unique needs of each individual.

By promoting holistic approaches to health care, CareSource Indiana addresses both physical and mental health needs, ensuring comprehensive support for its members. This commitment extends to fostering a culture of wellness, education, and community involvement, which encourages healthier lifestyles and improved health outcomes.

Through its various initiatives, CareSource Indiana fosters a supportive environment that empowers individuals to take charge of their health, ultimately making a lasting difference in their lives. This dedication can lead to lower healthcare costs for individuals and communities while enhancing overall quality of life.




This information is meant to be a general summary of Caresource Indiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,036,113,607 (2022)
Expenses
$1,049,992,612 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,233,053
  • Program Service Revenue: $1,029,880,554
  • Gross Receipts: $1,127,871,043

Assets and Liabilities:

  • Total Assets: $478,256,817
  • Total Liabilities: $407,715,332
  • Net Assets: $70,541,485

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICAID

Revenue

$587,115,657

FEDERAL HEALTH INSURANCE EXCHANGE

Revenue

$442,414,596

MEDICARE ADVANTAGE

Revenue

$350,301

Organization Details

Founding Year

2004

Principal Officer

Erhardt Preitauer

Main Address

PO Box 8738, Dayton, OH, 454018738

NTEE Category

Code: E80 - Health

If you are a representative of Caresource Indiana Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.