Colorado Access FY2022 filing

Not tax-deductible

Aurora, CO501(c)(4)Since 1994 EIN 84-1297547Revenue $590.8M in FY2022

On file with the IRScoaccess.com11100 E Bethany Dr, 80014-2630 · Aurora, COTax-exempt since Nov 1995

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Dedicated to the operation of a health plan designed to improve Access to needed healthcare.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $8.3M a year · 1% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$136.0M
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$590.8M
+14% vs prior year
Spent
$580.3M
To programs
95%
Net assets
$69.9M
By yearFY2020–FY2024
Revenue
$590.8M
FY2022▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$451.4M
FY2021$516.5M
FY2022$590.8M
FY2023$667.1M
FY2024$790.2M
Expenses
$580.3M
FY2022▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$432.3M
FY2021$498.1M
FY2022$580.3M
FY2023$662.3M
FY2024$801.5M
Net assets
$69.9M
FY2022▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$47.1M
FY2021$65.6M
FY2022$69.9M
FY2023$77.5M
FY2024$68.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $550.5M Management & general 5% · $29.9M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

29 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A
See Colorado Access executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a health plan to improve access to needed healthcare.

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Provided by the organization

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3 programs · $430.4M · in their own filed words · FY2022
01

The state of colorado operated its medicaid behavioral health program as a carve-out. They divided the state into seven regions and competitively bid for at-risk behavioral health organizations (bho).

$219.2Mprogram expense
02

The state of colorado operated its medicaid behavioral health program as a carve-out. They divided the state into seven regions and competitively bid for at-risk behavioral health organizations (bho).

$137.3Mprogram expense
03

Child health plan plus (CHP+) covers the cost of health care and the associated administration for the eligible population under the federal child health insurance plan (chip). Child health plan plus provided healthcare and administrative services for over 33,000 underpriviledged children throughout 2022.

$73.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $11.2M · 2022–2024
Colorado Access FoundationCO · FY2024$975,946
Colorado Access FoundationCO · FY2023$2,425,047
Colorado Access FoundationCO · FY2022$7,752,588

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$590.8M
Ln 12
Fees for servicesLn 2g$589.3M
Investment incomeLn 3$913K
Other incomeLn 4–11$533K
Money outPt IX
$580.3M
Ln 25
Programscol B$550.5M
Managementcol C$29.9M
Owns and owesPt X
$69.9M
net assets · Ln 32
Cash and savingsLn 1–2$198.4M
Total assetsLn 16$205.9M
LiabilitiesLn 26$136.0M
PeoplePt VI, VII
29
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$589.3M
Investment incomeLn 3$913K
Other incomeLn 4–11$533K
Total revenueLn 12$590.8M
Assets in detailPt X, end of year
CashLn 1$185.5M
SavingsLn 2$12.9M
Cash and savings togetherLn 1–2$198.4M
Other assetsLn 15−$10.4M
Total assetsLn 16$205.9M
LiabilitiesLn 26$136.0M
Net assetsLn 32$69.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$156.2M$198.4M
Total assetsLn 16$167.5M$205.9M
LiabilitiesLn 26$101.8M$136.0M
Net assetsLn 32$65.6M$69.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7.8M$7.8M
Pay of current officers, directors and key staffLn 5$5.5M$4.2M$1.3M
Other salaries and wagesLn 7$32.6M$25.0M$7.6M
Pension plan contributionsLn 8$1.4M$1.1M$336K
Other employee benefitsLn 9$4.6M$3.5M$1.1M
Payroll taxesLn 10$2.7M$2.0M$622K
Management feesLn 11a$3.6M$2.7M$831K
Legal feesLn 11b$407K$312K$95K
Accounting feesLn 11c$267K$205K$62K
Lobbying feesLn 11d$74K$57K$17K
Other fees for servicesLn 11g$993K$761K$232K
Advertising and promotionLn 12$329K$252K$77K
Office expensesLn 13$2.0M$1.6M$473K
Information technologyLn 14$18.9M$14.5M$4.4M
OccupancyLn 16$1.2M$947K$289K
TravelLn 17$104K$80K$24K
Conferences, conventions and meetingsLn 19$79K$60K$18K
InterestLn 20$51K$39K$12K
Depreciation, depletion and amortizationLn 22$982K$752K$229K
InsuranceLn 23$439K$336K$103K
Other expenses (24a–d)Ln 24$494.9M$483.2M$11.7M
All other expensesLn 24e$1.6M$1.2M$365K
Total functional expensesLn 25$580.3M$550.5M$29.9M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $790.2M$801.5M−$11.3M$68.9M 990 PDF
FY2023 $667.1M$662.3M$4.8M$77.5M 990 PDF
FY2022 Viewing $590.8M$580.3M$10.4M$69.9M 990 PDF
FY2021 $516.5M$498.1M$18.5M$65.6M 990 PDF
FY2020 $451.4M$432.3M$19.1M$47.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $590,765,258 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,121,086$0
I-9 Program service revenuePrior year $510,947,428$589,319,847
I-10 Investment incomePrior year $163,915$912,873
I-11 Other revenuePrior year $316,365$532,538
I-12 Total revenuePrior year $516,548,794$590,765,258
I-13 Grants and similar amounts paidPrior year $0$7,752,588
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $42,968,559$46,697,149
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $455,111,371$525,896,433
I-18 Total expensesPrior year $498,079,930$580,346,170
I-19 Revenue less expensesPrior year $18,468,864$10,419,088
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $590,765,258 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $589,319,847$589,319,847
VIII-3 Investment incomeExcluded from tax $912,873$912,873
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $532,538$532,538
VIII-12 Total revenueRelated to mission $589,319,847 · Unrelated business $0 · Excluded from tax $1,445,411$590,765,258
Part IX · Statement of functional expenses $580,346,170 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $7,752,588$7,752,588
IX-5 Pay of current officers, directors and key staffPrograms $4,194,525 · Management $1,278,615$5,473,140
IX-7 Other salaries and wagesPrograms $24,954,852 · Management $7,606,976$32,561,828
IX-8 Pension plan contributionsPrograms $1,101,999 · Management $335,922$1,437,921
IX-9 Other employee benefitsPrograms $3,494,517 · Management $1,065,232$4,559,749
IX-10 Payroll taxesPrograms $2,042,038 · Management $622,473$2,664,511
IX-11a Management feesPrograms $2,726,511 · Management $831,121$3,557,632
IX-11b Legal feesPrograms $311,605 · Management $94,986$406,591
IX-11c Accounting feesPrograms $204,563 · Management $62,357$266,920
IX-11d Lobbying feesPrograms $56,712 · Management $17,288$74,000
IX-11g Other fees for servicesPrograms $760,676 · Management $231,876$992,552
IX-12 Advertising and promotionPrograms $251,869 · Management $76,777$328,646
IX-13 Office expensesPrograms $1,552,239 · Management $473,168$2,025,407
IX-14 Information technologyPrograms $14,498,232 · Management $4,419,489$18,917,721
IX-16 OccupancyPrograms $946,897 · Management $288,642$1,235,539
IX-17 TravelPrograms $79,707 · Management $24,297$104,004
IX-19 Conferences, conventions and meetingsPrograms $60,483 · Management $18,437$78,920
IX-20 InterestPrograms $38,747 · Management $11,811$50,558
IX-22 Depreciation, depletion and amortizationPrograms $752,378 · Management $229,347$981,725
IX-23 InsurancePrograms $336,272 · Management $102,506$438,778
IX-24 Other expenses (24a–d)Programs $483,169,908 · Management $11,706,093$494,876,001
IX-24e All other expensesPrograms $1,196,661 · Management $364,778$1,561,439
IX-25 Total functional expensesPrograms $550,483,979 · Management $29,862,191 · Fundraising $0$580,346,170
Part X · Balance sheet $205,853,850 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $143,542,429$185,473,128
X-2 Savings and temporary cash investmentsStart of year $12,702,810$12,884,899
X-4 Accounts receivableStart of year $15,796,926$17,850,982
X-15 Other assetsStart of year −$4,589,156−$10,355,159
X-16 Total assetsStart of year $167,453,009$205,853,850
X-17 Accounts payable and accrued expensesStart of year $101,786,598$135,922,668
X-25 Other liabilitiesStart of year $33,127$55,019
X-26 Total liabilitiesStart of year $101,819,725$135,977,687
X-32 Total net assets or fund balancesStart of year $65,633,284$69,876,163
X-33 Total liabilities and net assetsStart of year $167,453,009$205,853,850
Part XI · Reconciliation of net assets $69,876,163 net assets at year end
XI-1 Total revenue$590,765,258
XI-2 Total expenses$580,346,170
XI-3 Revenue less expenses$10,419,088
XI-4 Net assets at start of year$65,633,284
XI-9 Other changes in net assets−$6,176,209
XI-10 Net assets at end of year$69,876,163

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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