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The Caresource Foundation

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

EIN: 562582561 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Caresource Foundation?

The Caresource Foundation is a charitable organization affiliated with CareSource Ohio Inc., with a primary focus on advancing health care for underserved communities. Operating in Dayton, Ohio, the foundation achieves its goals through grants, outreach, medical expertise, strategic partnerships, and volunteerism. Its mission is to invest in initiatives and organizations that significantly improve the health and well-being of CareSource's members and their communities. The Caresource Foundation supports nonprofit organizations, particularly those in areas of health equity, better health outcomes, and enhanced health literacy.


Official website here: www.caresource.com

Is The Caresource Foundation legitimate?

The Caresource Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Caresource Foundation 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


Official website here: www.caresource.com

What is the mission statement of The Caresource Foundation?

The Caresource Foundation's mission is centered around making a lasting impact on the health and well-being of its members and their communities. It achieves this by supporting initiatives and organizations that align with the charitable purposes of CareSource Ohio Inc. and its related entities. The foundation uses various strategies such as grants, outreach, medical expertise, community partnerships, and volunteerism to address the health care needs of the underserved, particularly in areas related to health equity, health outcomes, and health literacy. The CareSource Foundation provides funding to nonprofit organizations that work towards improving the lives of children, adults, and families.


Official website here: www.caresource.com

Who is the CEO of The Caresource Foundation?

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


Official website here: www.caresource.com

What is the revenue of The Caresource Foundation?

The Caresource Foundation's revenue in 2022 was $3,532,442.


Official website here: www.caresource.com

Who are the executives of The Caresource Foundation and what are their salaries?


Here are 12 key members and their salaries (The Caresource Foundation's CEO's salary is $0 and their total compensation is $7,910,538):


Erhardt Preitauer (President & Ceo, Trustee)
  • 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, Trustee)
  • Compensation: $0
  • Related: $966,866
  • Other: $950,975
Daniel Mccabe (Cao, Trustee (To 4/22))
  • Compensation: $0
  • Related: $1,505,969
  • Other: $14,895
David Finkel (Former Evp Markets, Trustee)
  • Compensation: $0
  • Related: $194,579
  • Other: $0
Ronita Hawes-Saunders (Chair, Trustee)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Kenneth Herr (Vice Chair, Trustee)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
James Gross (Secretary/Treasurer, Trustee)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
Ellen Leffak (Trustee)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
J Thomas Maultsby (Trustee)
  • Compensation: $0
  • Related: $4,000
  • Other: $0
William F Marsteller (Trustee (Emeritus))
  • Compensation: $0
  • Related: $4,000
  • Other: $0


Official website here: www.caresource.com

Where can I find the form 990 for The Caresource Foundation?

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


Official website here: www.caresource.com

Learn more at the official website: www.caresource.com

Mission Statement of The Caresource Foundation

The Caresource Foundation, an organization dedicated to its supporting entity CareSource Ohio Inc., is committed to advancing charitable causes. Its mission is to invest in initiatives and organizations that significantly impact the lives of CareSource's members and their communities, ultimately enhancing their health and well-being. The CareSource Foundation accomplishes this by delivering innovative solutions, addressing the healthcare needs of underserved populations, and providing financial support through grants, outreach, medical expertise, strategic community partnerships, and volunteerism.

The foundation focuses on funding nonprofit organizations that make a difference in the areas of health equity, health outcomes, and health literacy, particularly for children, adults, and families. By doing so, The Caresource Foundation aims to improve the overall health landscape, ensuring that everyone has access to essential healthcare services and resources. The foundation's approach to community engagement and philanthropy is holistic, encompassing a wide range of interventions and collaborations that aim to promote health and well-being for all.

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Impact




October, 2024

The Caresource Foundation significantly enhances health equity, outcomes, and literacy for underserved individuals and families. Through targeted community grants, it supports initiatives and organizations that address critical healthcare needs. The Foundation invests in innovative solutions and outreach programs that directly contribute to the health and well-being of CareSource's members.

By fostering strategic partnerships and encouraging volunteerism, the Foundation expands access to essential resources and medical expertise within the community. Its efforts are geared toward creating a lasting positive impact, particularly in areas that traditionally face barriers to healthcare access. By effectively utilizing grants, the Foundation helps improve the overall quality of life for children and adults, thereby contributing to healthier, more informed communities.




This information is meant to be a general summary of The Caresource Foundation. 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
$3,532,442 (2022)
Expenses
$4,648,757 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,442
  • Gross Receipts: $3,532,442

Assets and Liabilities:

  • Total Assets: $1,633,400
  • Total Liabilities: $1,031,136
  • Net Assets: $602,264

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Organization Details

Founding Year

2006

Principal Officer

Erhardt Preitauer

Main Address

PO Box 8738, Dayton, OH, 454018738

NTEE Category

Code: E11 - Health

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