Colorado Access
- Assets
- $167.5m
- Revenue
- $516.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Aurora, CO
- Founding
- 11/1995
- Data as of
- 12/2021
- 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 12/2021, Colorado Access generated $516.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $498.1m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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
2021
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
ACCOUNTABLE CARE COLLABORTIVE BEHAVIORAL HEALTH REGION 3 PROVIDED BEHAVIORAL HEALTHCARE TO APPROXIMATELY 349,000 UNDERSERVED MEDICAID MEMBERS OF ADAMS, ARAPAHOE, DOUGLAS AND ELBERT COUNTIES THROUGHOUT 2021.
ACCOUNTABLE CARE COLLABORTIVE BEHAVIORAL HEALTH REGION 5 PROVIDED BEHAVIORAL HEALTHCARE TO APPROXIMATELY 142,000 UNDERSERVED MEDICAID MEMBERS OF THE CITY AND COUNTY OF DENVER THROUGHOUT 2021.
CHILD HEALTH PLAN PLUS PROVIDED HEALTHCARE AND ADMINISTRATIVE SERVICES FOR APPROXIMATELY 35,000 UNDERPRIVILEDGED CHILDREN THROUGHOUT 2021.
THE PRIMARY COMPONENT OF OTHER PROGRAM SERVICES CONSIST OF THE FOLLOWING 1) THIRD-PARTY ADMINISTRATOR SERVICES (CLAIMS PAYMENT, NETWORK DEVELOPMENT AND MANAGEMENT, CUSTOMER SERVICE) PROVIDED TO THE STATE OF COLORADO'S DEPARTMENT OF HEALTH CARE POLICY AND FINANCING FOR THE DEPARTMENT'S CHILD HEALTH PLAN PLUS STATE MANAGED CARE NETWORK. THIS PROGRAM ENDED 6/30/21. 2) THE COMPANY ALSO MANAGED THE ASO CONTRACTS FOR TWO OF THE SEVEN REGIONS IN THE STATE'S ACCOUNTABLE CARE COLLABORATIVE PHYSICAL HEALTH PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Clark Chairman | OfficerTrustee | 3 | $0 |
Simon Smith Vice Chariman | OfficerTrustee | 3 | $0 |
Brian Smith Treasurer | OfficerTrustee | 3 | $0 |
Kathy Mccreary Secretary | OfficerTrustee | 3 | $0 |
Marshall Thomas MD President/ceo | Officer | 36 | $0 |
Philip J Reed Svp/cfo | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,121,086 |
| 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 | $5,121,086 |
| Total Program Service Revenue | $510,947,428 |
| Investment income | $163,915 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $516,548,794 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $4,396,466 |
| Compensation of current officers, directors, key employees. | $1,143,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,170,378 |
| Pension plan accruals and contributions | $1,572,861 |
| Other employee benefits | $4,415,266 |
| Payroll taxes | $2,413,588 |
| Fees for services: Management | $4,668,576 |
| Fees for services: Legal | $258,381 |
| Fees for services: Accounting | $229,132 |
| Fees for services: Lobbying | $70,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $771,367 |
| Advertising and promotion | $229,915 |
| Office expenses | $1,981,211 |
| Information technology | $13,299,774 |
| Royalties | $0 |
| Occupancy | $1,197,727 |
| Travel | $16,862 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,780 |
| Interest | $73,357 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,029,418 |
| Insurance | $390,316 |
| All other expenses | $1,162,902 |
| Total functional expenses | $498,079,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,542,429 |
| Savings and temporary cash investments | $12,702,810 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,796,926 |
| 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 | -$4,589,156 |
| Total assets | $167,453,009 |
| Accounts payable and accrued expenses | $101,786,598 |
| 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 | $33,127 |
| Total liabilities | $101,819,725 |
| 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 | $63,333,284 |
| Total liabilities and net assets/fund balances | $167,453,009 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Colorado Access has recieved totaling $305,316.
| Awarding Organization | Amount |
|---|---|
Rose Community Foundation Denver, CO PURPOSE: Telemental health services | $305,316 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Access Aurora, CO | $167,453,009 | $516,548,794 |
Denver Health Medical Plan Inc Denver, CO | $83,331,109 | $481,837,741 |
Delta Dental Plan Of Kansas Inc Wichita, KS | $101,442,259 | $302,750,224 |
Delta Dental Plan Of Oklahoma Oklahoma City, OK | $95,559,254 | $250,157,456 |
Arizona Dental Insurance Service Inc Glendale, AZ | $142,905,114 | $150,253,256 |
Comprehensive Health Insurance Association Great Bend, KS | $122,969,212 | $99,936,486 |
Delta Dental Plan Of New Mexico Inc Albuquerque, NM | $81,908,346 | $75,517,286 |
Oneworld Community Health Centers Inc Omaha, NE | $55,753,804 | $50,338,832 |
Valley-Wide Health Systems Inc Alamosa, CO | $46,697,315 | $52,431,671 |
Delta Dental Plan Of Wyoming Cheyenne, WY | $25,241,153 | $47,484,534 |
Colorado Health Benefit Exchange Denver, CO | $41,211,882 | $42,741,707 |
Nurse Family Partnership Denver, CO | $58,934,670 | $51,421,295 |