CareSource Ohio Inc is a nonprofit health maintenance organization (HMO) based in Dayton, Ohio. As a member of the CareSource group of nonprofit tax-exempt organizations, it operates as a leading nonprofit managed care organization licensed by the state of Ohio. The organization has been fulfilling its mission for over thirty-three years, with roots dating to 1985.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2B
+1.0% YoY
Revenue
$8.6B
+0.4% YoY
Net Investment Income
$58.4M
-24.0% YoY
Expenses
$8.5B
+6.0% YoY
Mission & Focus Areas
CareSource Ohio's mission is to make a lasting difference in members' lives by improving their health and well-being. The organization provides nonprofit Medicaid, Medicare, and Marketplace health maintenance organization services to its members.
The organization's primary focus areas include:
- Health care financing and delivery
- Transforming health care with innovative programs
- Serving low- and moderate-income families
- Addressing critical health issues
- Supporting healthy communities
Grantmaking
CareSource operates grantmaking through the CareSource Foundation, which has awarded more than $39 million to nonprofits since 2006. The Foundation supports organizations working to:
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Geographic Focus
Where this funder awards grants
CareSource Ohio serves members in Ohio. The broader CareSource organization serves more than 1.5 million consumers across Ohio, Kentucky, Indiana, and West Virginia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
CareSource Ohio Inc (2024):
- Total Assets: $2,248,954,422
- Total Revenue: $8,559,845,484
- Total Expenses: $8,462,329,539
- Net Income: $97,515,945
CareSource (Parent Organization, 2023):
- Total Assets: $3,545,839,148
- Total Revenue: $2,546,732,879
- Total Expenses: $1,380,461,409
- Employees: 5,303
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,248,954,422 | $2,226,959,848 | $2,667,085,761 |
| Revenue | $8,559,845,484 | $8,525,679,969 | $10,064,129,024 |
| Expenses | $8,462,329,539 | $7,984,656,203 | $9,417,228,730 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $58,432,261 | $76,845,424 | $53,326,439 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
Erhardt Preitauer is listed as a principal officer of the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Erhardt Preitauer | Chair/Director | 8 | — |
| Richard Topping | Secretary/Director (To 5/31) | 8 | — |
| Edward Stubbers | Secretary/Director (Eff 6/1) | 8 | — |
| Lawrence Smart | CFO, Treasurer/Director | 8 | — |
| Stephen Ringel | President | 59 | — |
| Stephanie Williams | Assistant Treasurer | 10 | — |
| Jai Pillai | Former Chief Operating Ofr | — | — |
Recent News & Activity
Recent developments and announcements
CareSource has been active in community reinvestment and grantmaking:
Ohio's Medicaid health plans announced a new round of community reinvestment grants
Ohio's Medicaid Health Plans Announce New Round of Community ...CareSource and Huntington Bank received $6.9 million in affordable housing program grants from the Federal Home Loan Bank of Cincinnati
CareSource and Huntington Bank Receives a Total of $6.9 Million in AffordableA grant supported Integrated Services in elevating the behavioral health workforce in Ohio
Grant from CareSource will help Integrated Services elevate the BehavioralCareSource committed $300,000 to Communities in Schools to address school absenteeism
CareSource commits $300,000 to communities in schools toGrant programs unite regional agencies to provide healthy meals to those in need
Grant program unites multiple regional agencies to provide healthy mealsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does CareSource Ohio Inc fund?
CareSource Ohio's mission is to make a lasting difference in members' lives by improving their health and well-being. The organization provides nonprofit Medicaid, Medicare, and Marketplace health maintenance organization services to its members. The organization's primary focus areas include: • Health care financing and delivery • Transforming health care with innovative programs • Serving low- and moderate-income families • Addressing critical health issues • Supporting healthy communities
How do I apply for a grant from CareSource Ohio Inc?
CareSource operates grantmaking through the CareSource Foundation, which has awarded more than $39 million to nonprofits since 2006. The Foundation supports organizations working to: • Eliminate poverty • Provide services to low- and moderate-income families • Encourage healthy communities • Develop innovative approaches to address critical health issues • Enhance the lives of children, adults, and families Recent grant activity includes: • $300,000 commitment to Communities in Schools to addre…
Where does CareSource Ohio Inc make grants?
CareSource Ohio serves members in Ohio. The broader CareSource organization serves more than 1.5 million consumers across Ohio, Kentucky, Indiana, and West Virginia.
What is CareSource Ohio Inc's EIN?
CareSource Ohio Inc's EIN (Employer Identification Number) is 31-1143265. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in CareSource Ohio Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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