Familycare Inc
- Assets
- $107.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Portland, OR
- Founding
- 06/1994
- Data as of
- 12/2023
- EIN
- 93-0878074
Organization Overview
Familycare Inc is located in Portland, OR. The organization was established in 1994. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, Familycare Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Familycare Inc 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, Familycare Inc generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (42.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (48.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Familycare Inc has awarded 130 individual grants totaling $43,875,251. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMMUNITY HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILYCARE SUPPORTS HEALTHCARE COMMUNITIES THROUGH CONTRIBUTIONS AND ADVOCACY. PRIOR TO 2019, FAMILYCARE INC. PROVIDED COMPREHENSIVE AND COOPERATIVE HEALTH CARE TO MEMBERS ACCORDING TO THE TERMS OF A CONTRACT WITH THE OREGON HEALTH PLAN/MEDICAID (THE CONTRACT). THE CONTRACT WITH THE OREGON HEALTH PLAN/MEDICAID ENDED JANUARY 31, 2018. APPROXIMATELY 106,000 MEMBERS WERE UNDER THE CONTRACT. SINCE THE END OF THE CONTRACT, FAMILYCARE INC. HAS BEEN WINDING DOWN THE COOPERATIVE HEALTH CARE OPERATIONS AS IT SATISFIES REMAINING OBLIGATIONS UNDER THE CONTRACT. THESE OBLIGATIONS INCLUDE, AMONG OTHER THINGS, CLAIMS RUNOUT, MAINTENANCE OF INSURANCE, SYSTEM MAINTENANCE, RECORDKEEPING AND REPORTING, FOR TIME PERIODS SPECIFIED IN THE CONTRACT WHICH EXTEND UP TO 10 YEARS AFTER THE CONTRACT END DATE. (CONTINUED ON SCH O) FAMILYCARE INC. RECEIVES NO ADDITIONAL COMPENSATION UNDER THE CONTRACT FOR THESE OBLIGATIONS AFTER THE CONTRACT END DATE.
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 |
|---|---|---|---|
Jeffrey Heatherington Ex-Officio | Officer | 35 | $249,137 |
Artur Suchorzewski Director, Govt Affairs | 39 | $160,119 | |
Robin Richardson DO Chair | OfficerTrustee | 1 | $0 |
Bob Carus Treasurer/secretary | OfficerTrustee | 1 | $0 |
Carl Erickson DO Board Member | Trustee | 1 | $0 |
Joe Hromco PHD Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perkins Coie Llp Legal And Professional | 12/30/22 | $1,911,615 |
Pricewaterhousecoopers Llp Legal And Professional | 12/30/22 | $220,625 |
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 | $322,300 |
| Investment income | $2,125,979 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,626,650 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,129,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $132,391 |
| 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. | $511,883 |
| Compensation of current officers, directors, key employees. | $49,544 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,434 |
| Pension plan accruals and contributions | $6,183 |
| Other employee benefits | $14,509 |
| Payroll taxes | $40,379 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,465 |
| Fees for services: Accounting | $43,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $454,293 |
| Fees for services: Other | $1,400 |
| Advertising and promotion | $0 |
| Office expenses | $52,525 |
| Information technology | $3,159 |
| Royalties | $0 |
| Occupancy | $3,253 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $29,066 |
| All other expenses | $0 |
| Total functional expenses | $1,351,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,021 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,782,100 |
| 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 | $21,631 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $99,058,712 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $272,017 |
| Total assets | $107,260,481 |
| Accounts payable and accrued expenses | $137,982 |
| Grants payable | $8,000,000 |
| 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 | $0 |
| Total liabilities | $8,137,982 |
| Net assets without donor restrictions | $99,122,499 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $107,260,481 |
Grants Awarded
Over the last fiscal year, Familycare Inc has awarded $117,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON HISTORICAL SOCIETY PURPOSE: SUPPORT OF 2024 GALA | $20,000 |
LIFEWORKS NORTHWEST PURPOSE: DONATION FOR 2023 CHILDREN'S RELIEF NURSERIES MATCHING CHALLENGE GRANT | $10,000 |
OREGON SYMPHONY PURPOSE: LEADERSHIP GALA TABLE 2023 | $12,000 |
LATINO NETWORK PURPOSE: NOCHE BELLA SUPPORT 2023 | $10,000 |
MAURICE LUCAS FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
ASIAN HEALTH & SERVICE CENTER PURPOSE: 2023 GALA SUPPORT DIAMOND SPONSORSHIP | $25,000 |