Overview
What is Caresource Georgia Co?
Caresource Georgia Co, also known as CSGA, is a nonprofit corporation based in Georgia, recognized as tax-exempt by the Internal Revenue Service under Section 501(c)(3) of the IRS Code since its formation in 2017. CSGA is a member of the CareSource Group, an organization led by CareSource, a tax-exempt parent company based in Ohio. CSGA's mission is to improve the health and well-being of its members by operating as a nonprofit Health Maintenance Organization (HMO) licensed by the State of Georgia. Their vision is to transform lives through innovative health and life services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Caresource Georgia Co has received a two-star rating from Charity Navigator, reflecting an overall score of 64%. While the organization demonstrates strength in its program expense ratio, allocating 90.12% of its budget to direct program expenses, it struggles in areas related to governance and accountability. The low percentage of independent board members at just 33% highlights potential concerns about oversight.
The financial statements indicate strong performance in audit and oversight, with no material diversion of assets. However, the lack of transparency is evident as key documents, including the nonprofit’s tax form and website, are missing or not listed as required. This raises questions about the organization’s commitment to public accountability and transparency.
Overall, while Caresource Georgia Co shows promise in utilizing funds effectively for programs, its governance practices and transparency issues need substantial improvement to bolster its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Caresource Georgia Co legitimate?
Caresource Georgia Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caresource Georgia Co 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 Georgia Co?
Caresource Georgia Co is a nonprofit organization dedicated to making a significant impact on the health and well-being of its members. Their mission is to bring about enduring change in people's lives through innovative health and life services. The organization strives to transform lives by focusing on the health and wellness of its members. As a tax-exempt entity under Section 501(c)(3) of the Internal Revenue Code, Caresource Georgia Co is part of the CareSource Group, which includes CareSource, a tax-exempt parent organization based in Ohio. The organization received recognition as a tax-exempt organization from the Internal Revenue Service in 2017. Caresource Georgia Co's vision aligns with that of its parent organization, aiming to make a difference in the lives of those it serves.
Who is the CEO of Caresource Georgia Co?
Erhardt Preitauer is the President & Ceo of Caresource Georgia Co. The CEO's salary of Caresource Georgia Co is $0 and their total compensation is $7,910,538.
What is the revenue of Caresource Georgia Co?
Caresource Georgia Co's revenue in 2022 was $1,556,961,903.
Who are the executives of Caresource Georgia Co and what are their salaries?
Here are 8 key members and their salaries (Caresource Georgia Co's CEO's salary is $0 and their total compensation is $7,910,538):
- Compensation: $0
- Related: $3,656,889
- Other: $4,253,649
- Compensation: $0
- Related: $1,235,514
- Other: $871,311
- Compensation: $0
- Related: $1,072,888
- Other: $998,867
- Compensation: $0
- Related: $966,866
- Other: $950,975
- Compensation: $0
- Related: $1,505,969
- Other: $14,895
- Compensation: $0
- Related: $671,944
- Other: $594,767
- Compensation: $0
- Related: $194,579
- Other: $0
- Compensation: $0
- Related: $1,000
- Other: $0
Where can I find the form 990 for Caresource Georgia Co?
Caresource Georgia Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Caresource Georgia Co
Caresource Georgia Co, a nonprofit organization, is dedicated to making a significant impact on the lives of its members by enhancing their health and overall well-being. The mission of this entity goes beyond just providing healthcare services; it aims to transform lives through innovative health and life services.
Established under the state laws of Georgia, Caresource Georgia Co received federal tax-exempt status from the Internal Revenue Service in 2017, cementing its position as a nonprofit HMO. This organization, a part of the CareSource Group, is led by its parent company, CareSource, which is also a tax-exempt entity under Section 501(c)(3) of the Internal Revenue Code.
Caresource Georgia Co's unwavering commitment to its members is reflected in its mission to make a lasting difference in their lives. By focusing on improving the health and well-being of its members, the organization aspires to touch lives in a meaningful way. This dedication extends beyond the realm of healthcare, as Caresource Georgia Co strives to deliver innovative services that caters to the unique needs of its members.
In essence, Caresource Georgia Co is more than just a healthcare provider; it is an organization that prioritizes the health and wellbeing of its members, aiming to create a positive and lasting impact on their lives.
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Impact
October, 2024
CareSource Georgia Co. significantly impacts the health and well-being of its members by offering innovative health and life services tailored to meet diverse needs. By focusing on improving health outcomes, CareSource Georgia Co. plays a crucial role in transforming lives within the community. The organization prioritizes providing comprehensive care and support to its members, ensuring they have access to the resources they need for a healthier future. With a mission centered on making a lasting difference, CareSource Georgia Co. actively engages in initiatives that promote preventive care, health education, and improved access to necessary services, ultimately fostering a healthier population in Georgia.
This information is meant to be a general summary of Caresource Georgia Co. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,590,668
- Program Service Revenue: $1,552,371,235
- Gross Receipts: $1,648,389,046
Assets and Liabilities:
- Total Assets: $511,891,671
- Total Liabilities: $413,892,043
- Net Assets: $97,999,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID
Revenue
$1,317,889,718
FEDERAL HEALTH INSURANCE EXCHANGE
Revenue
$234,370,473
MEDICARE ADVANTAGE
Revenue
$111,044
Organization Details
Founding Year
2014
Phone
(937) 224-3300Principal Officer
Erhardt Preitauer
Main Address
PO Box 8738, Dayton, OH, 454018738
NTEE Category
Code: E31 - Health
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