HEALTH PLAN OF CAREOREGON INC (EIN 463264330) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

ERIC HUNTER

Phone

5034164100

Tax Period

2023-01-01 to 2023-12-31

HEALTH PLAN OF CAREOREGON INC, founded in 2005, is a major nonprofit in the Health Care sector that reported $318.6M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO INSPIRE AND PARTNER TO CREATE QUALITY AND EQUITY IN INDIVIDUAL AND COMMUNITY HEALTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $315,815,096

Investment Income $2,810,333

Other Revenue $0

TOTAL REVENUE $318,625,429

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $28,432,699

Fundraising Expenses $0

Program Expenses $298,250,265

Other Expenses $288,262,940

TOTAL EXPENSES $316,700,639

Year-over-Year Comparison

	2023	2022	Change
Revenue	$318,625,429	$260,428,027	+0.2%
Expenses	$316,700,639	$266,781,846	+0.2%
Net Income	$1,924,790	$-6,353,819	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,624,534

Total Directors

$877,594

Key Employees

$2,289,628

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMIEN R HALL	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
SUSAN M HENNESSY	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
KERRY BARNETT	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
ANDREW MCCULLOCH	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
GLENN S RODRIQUEZ	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
BRENDA I JOHNSON	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
HYOSUK RHEE	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
TAEKYUNG HAN	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
GINA F NIKKEL	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
WOODRUFF J ENGLISH II	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
LARRY GAINES DIDWAY JR	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE MERCER	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN PAUL BETLINSKI	BOARD OF DIRECTOR	1.00	Director	$0	$0	$0
TINA EDLUND	BOARD OF DIRECTOR - (EFF. 05/23)	1.00	Director	$0	$0	$0
KIM HELLER	BOARD OF DIRECTOR - (EFF. 05/23)	1.00	Director	$0	$0	$0
ERIC C HUNTER	CEO,PRESIDENT & BOARD OF DIRECTOR	6.90	Officer Director	$0	$46,048	$877,594
TERESA K LEARN	CFO, BOARD TREASURER	4.80	Officer	$0	$48,676	$447,097
JEREMIAH RIGSBY	CHIEF OF STAFF & SECRETARY	8.00	Officer	$0	$29,821	$299,843
AMIT R SHAH	CHIEF MEDICAL OFFICER	5.36	Key Emp	$0	$59,017	$642,557
AMY L DOWD	CHIEF OPERATIONS OFFICER	6.90	Key Emp	$0	$66,259	$508,636
JAMES MASON	CHIEF EQUITY, DIVERSITY &	6.47	Key Emp	$0	$53,019	$392,131
NORA LEIBOWITZ	CHIEF STRATEGY OFFICER	6.90	Key Emp	$0	$50,220	$389,774
NATHAN CORLEY	VICE PRESIDENT, INFO SVCS/ANALYTICS	6.90	Key Emp	$0	$42,677	$356,530
DOUGLAS R LUTHER	SR. MEDICAL DIRECTOR, OPER	7.55	Highest	$0	$30,435	$416,621
JOHN BISCHOF	MEDICAL DIRECTOR - BEHAVIO	8.00	Highest	$0	$60,126	$432,631
CHRISTINE SENZ	VICE PRESIDENT, MEDICARE	40.00	Highest	$0	$33,226	$299,181
MARY B ENGRAV	MED. DIRECTOR - BENEFIT/UTILIZATION	7.06	Highest	$0	$62,312	$421,176
JAMES SLATER	VICE PRESIDENT, PHARMACY	40.00	Highest	$0	$54,747	$331,508

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$318,625,429	$316,700,639	$107,028,876	$1,924,790
2022	$260,428,027	$266,781,846	$102,783,903	$-6,353,819
2021	$220,883,468	$223,849,704	$112,759,988	$-2,966,236
2020	$201,429,488	$189,091,880	$114,948,211	$12,337,608
2019	$187,308,824	$178,325,651	$78,222,878	$8,983,173
2018	$230,991,464	$232,494,479	$71,658,354	$-1,503,015

HEALTH PLAN OF CAREOREGON INC