Colorado Access
- Assets
- $179.8m
- Revenue
- $667.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Aurora, CO
- Founding
- 11/1995
- Data as of
- 12/2023
- EIN
- 84-1297547
Organization Overview
Colorado Access is located in Aurora, CO. The organization was established in 1995. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Access is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Colorado Access generated $667.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $662.3m during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO THE OPERATION OF A HEALTH PLAN DESIGNED TO IMPROVE ACCESS TO NEEDED HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STATE OF COLORADO OPERATED ITS MEDICAID BEHAVIORAL HEALTH PROGRAM AS A CARVE-OUT. THEY DIVIDED THE STATE INTO SEVEN REGIONS AND COMPETITIVELY BID FOR AT-RISK BEHAVIORAL HEALTH ORGANIZATIONS (BHO). ACCOUNTABLE CARE COLLABORATIVE BEHAVIORAL HEALTH REGION 3 COVERS THE COST OF BEHAVIORAL HEALTH CARE AND THE ASSOCIATED ADMINISTRATIVE EXPENSES FOR ALL MEDICAID ELIGIBLE INDIVIDUALS WITHIN THE FOLLOWING COUNTIES: ADAMS, ARAPAHOE, DOUGLAS, AND ELBERT. ACCOUNTALBE CARE COLLRORATIVE BEHAVORIAL HEALTH REGION 3 PROVIDED BEHAVIORAL HEALTHCARE TO APPROXIMATELY 360,000 UNDERSERVIED MEDICAID MEMBERS THROUGHOUT 2023.
THE COMPANY MANAGED THE ASO CONTRACTS FOR TWO OF THE SEVEN REGIONS IN THE STATE'S ACCOUNTABLE CARE COLLABORATIVE PHYSICAL HEALTH PROGRAMS.
THE STATE OF COLORADO OPERATED ITS MEDICAID BEHAVIORAL HEALTH PROGRAM AS A CARVE-OUT. THEY DIVIDED THE STATE INTO SEVEN REGIONS AND COMPETITIVELY BID FOR AT-RISK BEHAVIORAL HEALTH ORGANIZATIONS (BHO). ACCOUNTABLE CARE COLLABORATIVE BEHAVIORAL HEALTH REGION 5 COVERS THE COST OF BEHAVIORAL HEALTH CARE AND THE ASSOCIATED ADMINISTRATIVE EXPENSES FOR ALL MEDICAID ELIGIBLE INDIVIDUALS WITHIN THE CITY AND COUNTY OF DENVER BHO REGION. ACCOUNTALBE CARE COLLRORATIVE BEHAVORIAL HEALTH REGION 5 PROVIDED BEHAVIORAL HEALTHCARE TO APPROXIMATELY 161,000 UNDERSERVIED MEDICAID MEMBERS OF THE CITY AND COUNTY OF DENVER THROUGHOUT 2023.
CHILD HEALTH PLAN PLUS (CHP+) COVERS THE COST OF HEALTH CARE AND THE ASSOCIATED ADMINISTRATION FOR THE ELIGIBLE POPULATION UNDER THE FEDERAL CHILD HEALTH INSURANCE PLAN (CHIP). CHILD HEALTH PLAN PLUS PROVIDED HEALTHCARE AND ADMINISTRATIVE SERVICES FOR OVER 35,000 UNDERPRIVILEDGED CHILDREN THROUGHOUT 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Clark Board Member | Trustee | 3 | $0 |
Simon Smith Chairman | OfficerTrustee | 3 | $0 |
Patrick Knipe Board Member | Trustee | 3 | $0 |
Jeff Harrington Board Member | Trustee | 3 | $0 |
Brian Smith Treasurer | OfficerTrustee | 3 | $0 |
Donald Moore Vice-Chairman | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $661,001,781 |
| Investment income | $5,274,298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $667,093,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,425,047 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,362,981 |
| Compensation of current officers, directors, key employees. | $1,237,733 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,239,302 |
| Pension plan accruals and contributions | $1,780,691 |
| Other employee benefits | $5,800,798 |
| Payroll taxes | $3,152,090 |
| Fees for services: Management | $5,818,897 |
| Fees for services: Legal | $447,888 |
| Fees for services: Accounting | $242,574 |
| Fees for services: Lobbying | $75,834 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $939,454 |
| Advertising and promotion | $633,752 |
| Office expenses | $2,509,971 |
| Information technology | $22,382,853 |
| Royalties | $0 |
| Occupancy | $1,314,079 |
| Travel | $187,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,672 |
| Interest | $38,785 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,987,050 |
| Insurance | $471,345 |
| All other expenses | $2,037,964 |
| Total functional expenses | $662,258,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,602,042 |
| Savings and temporary cash investments | $39,405,564 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,606,202 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,000 |
| Total assets | $179,763,808 |
| Accounts payable and accrued expenses | $94,620,377 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,600,203 |
| Total liabilities | $102,220,580 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $2,300,000 |
| Retained earnings, endowment, accumulated income, or other funds | $75,243,228 |
| Total liabilities and net assets/fund balances | $179,763,808 |