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Nonprofit · EIN 56-2582561

CARESOURCE FOUNDATION

Tax-exempt · DAYTON, OH 45401

Financials

$3.7M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of CARESOURCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,680,093$3,421,600$258,493$1,053,870$58,000$995,870
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,500,000
Program service revenue
$0
Investment income
$180,093
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,145,400
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$3,145,400
Management and general (functional)
$276,200

Balance sheet and other

Total assets, start of year
$1,136,861
Total assets, end of year
$1,053,870
Total liabilities, end of year
$58,000
Net assets, end of year
$995,870
Net assets without donor restrictions
$995,870
Gross receipts
$3,680,093
Employees
0
Volunteers
0
Year formed
2006
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Erhardt PreitauerPresident, Trustee
Trustee or director, Officer
1$0$6,076,721$6,124,441
Richard ToppingSecretary/Trustee (To 5/31)
Trustee or director, Officer
1$0$2,659,280$831,276
Lawrence SmartTreasurer
Officer
1$0$1,657,234$1,813,852
Edward StubbersSecretary/Trustee (Eff 6/1)
Trustee or director, Officer
1$0$1,060,829$1,137,246
Jai PillaiFormer Chief Operating Ofr
Former
0$0$244,761$0
Ellen LeffakTrustee
Trustee or director
1$0$4,000$0
J Thomas MaultsbyTrustee
Trustee or director
1$0$4,000$0
James Gross2nd Vice Chair, Trustee
Trustee or director, Officer
1$0$4,000$0
Kenneth HerrVice Chair, Trustee
Trustee or director, Officer
1$0$4,000$0
Ro Nita Hawes-SaundersChair, Trustee
Trustee or director, Officer
1$0$4,000$0
William MarstellarTrustee
Trustee or director
1$0$4,000$0

Address and contacts

Address (IRS master file)
PO BOX 8738, DAYTON, OH 45401-8738
In care of
% JANET FERNANDES
Principal officer (990 for 2024)
Erhardt Preitauer, Same as C above, Dayton, OH 454018738
Signed the 990
Lawrence Smart, CFO
Phone
(937) 224-3300
Return prepared by
RSM US LLP

Mission

The CareSource Foundation is organized and operated exclusively to further the charitable purposes of the Internal Revenue Code Section 501(c)(3) organizations within the CareSource Public Charities(Continued on Schedule O).

990 for the year ended December 31, 2024

Program accomplishments

  • Since 2006, The CareSource Foundation has awarded more than $35.5 million to nonprofits that are working to eliminate poverty, provide much-needed services to low-and moderate-income families, encourage healthy communities, develop innovative approaches to address critical health issues and enhance the lives of a diverse array of children, adults and families (Continued on Schedule O).The CareSource Foundation is committed to improving the overall health and well-being, both physically and mentally, on behalf of and at the direction of, its supported organizations.To do this, the Foundation focuses on the following priority areas: (1) Support health education and promote healthy habits (2) Improve maternal, infant and child health (3) Support individuals with disabilities and other complex populations to live independently (4) Redevelop neighborhoods and downtown (Exclusive to the Dayton region) (5) Develop a 21st century workforce2024 HighlightsThe CareSource Foundation is committed to working every day alongside providers and community partners to make a difference in the lives of our members and the communities we serve. The following grants are a small sampling of how the Foundation achieves this goal.(1) Invested $180,000 into Georgia's Valley Healthcare System Inc.'s OnMed Mobile Care Station, supporting access to care for underserved communities.(2) Donated $144,000 to Bring Change 2 Mind Middle School Mental Health Awareness Program in Indiana.(3) Donated $170,000 to Habitat for Humanity of Greater Dayton to support critical home repair and workforce development in Dayton, OH. (4) Invested $100,000 to the CHC: Creating Healthier Communities Black Birthing Initiative to address maternal health disparities affecting Black birth individuals in Georgia. (5) Donated $150,000 to the Arc of Indiana, supporting people with disabilities. (6) Donated $150,000 to the Victory Over Poverty Campaign in Dayton, OH, focused on empowering young men through education and work training programs.
    Expenses $3,145,400 · grants $3,145,400

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2582561
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$1,053,870
Income (IRS master file)
$3,680,093

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$3,668,665$3,687,168$1,136,861IRS
990December 2022$3,532,442$4,648,757$1,633,400IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CARESOURCE FOUNDATION

What is the EIN of CARESOURCE FOUNDATION?
The employer identification number (EIN) of CARESOURCE FOUNDATION is 56-2582561.
Is CARESOURCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to CARESOURCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does CARESOURCE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CARESOURCE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARESOURCE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CARESOURCE FOUNDATION?
The 990 for the year ended December 31, 2024 names Erhardt Preitauer.
Who are the officers and directors of CARESOURCE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does CARESOURCE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,680,093, expenses of $3,421,600 and total assets of $1,053,870 at year end.

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