Oregon's Health Co-op
Nonprofit profile at a glance
- EIN
- 453321455
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Location
- Farmington, CT, USA
- Phone
- 6126299079
- Rating confidence
- Limited
- Sector
- Insurance Providers
Reported finances
- Revenue
- $829,875
- Expenses
- $618,009
- Assets
- $20,134,526
- Liabilities
- $57,226,520
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- JAN MOENCK (SPECIAL DEPUTY RECEIVER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Oregon's health co-op is a nonprofit public benefit corporation operating exclusively as a consumer operated and oriented health plan as defined under section 1322 of the affordable care act. The corporation offered health care insurance and services to individuals and businesses on and off the Oregon health insurance exchange. The organization ceased conducting operations as a health insurance carrier as of july 31, 2016. Effective july 11, 2016, Oregon's health co-op went into state receivership and all policies were terminated as of july 31, 2016. On march 2, 2017 the organization entered into liquidation and wind-down of the operations is in process.
What it reported doing in 2025
Oregon's health co-op, a nonprofit commercial health insurance issuer, established to operate as a consumer operated and oriented plan as defined by the affordable care act (aca), sold health insurance coverage to individuals, small groups and large groups, through july 31, 2016.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 6
- Sustainability: 75
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 25.5%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 32.58; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 2.84; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -33.3% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -0.6% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Highest-paid contractors: 1 contractor listed · $474K reported
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 10 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.