Familycare Inc

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 12/2021, Familycare Inc employed 5 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 12/2021, Familycare Inc generated $28.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.0%) each year. All expenses for the organization totaled $27.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (33.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Familycare Inc has awarded 108 individual grants totaling $43,514,151. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE COMMUNITY HEALTH CARE

Describe the Organization's Program Activity:

Part 3 - Line 4a

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 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. FAMILYCARE, INC. RECEIVES NO ADDITIONAL COMPENSATION UNDER THE CONTRACT FOR THESE OBLIGATIONS AFTER THE CONTRACT END DATE. FAMILYCARE INC. ANTICIPATES THE ORDERLY WIND DOWN OF OPERATIONS TO CONTINUE THROUGH AT LEAST 2022.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Perkins Coie Llp
Legal And Professional
$2,376,840
Pricewaterhousecoopers Llp
Legal And Professional
$130,186
View All Vendors

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$21,181,873
Investment income $1,840,688
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,818,812
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,007,500

Grants Awarded

Over the last fiscal year, Familycare Inc has awarded $85,000 in support to 2 organizations.

Grant RecipientAmount

LIFEWORKS NORTHWEST

Org PageRecipient Profile

Portland, OR

PURPOSE: $10,000 AWARDED FOR PORTLAND'S ORIGINAL IRON CHEF SPONSORSHIP FUNDRAISER AND $50,000 FOR GENERAL SUPPORT OF ORGANZIATIONS PROGRAMS AND SERVICES TO THE HEALTH OF OUR COMMUNITY

$60,000

OREGON HISTORICAL SOCIETY

Org PageRecipient Profile

Portland, OR

PURPOSE: CREATE AND PROMOTE EXHIBITIONS, LECTURES, EVENTS AND PROGRAMS OF THE OREGON HISTORICAL SOCIETY

$25,000
View Grant Profile

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