Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $13,902,354

• 1f · All other contributions, gifts and grants

  $7,683,819

• 1g · Noncash contributions included above

  $255,681

• 2a · Program service revenue: BLOOD SERVICES

  total $363,200,237 · related or exempt $363,200,237

• 2b · Program service revenue: MEDICAL PROGRAMS

  total $177,524,389 · related or exempt $177,524,389

• 3 · Investment income

  total $2,349,970 · excluded $2,349,970

• 5 · Royalties

  total $10,360 · excluded $10,360

• 6a · Gross rents

  real property $1,231,229

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,231,229

• 6d · Net rental income or loss

  total $1,231,229 · excluded $1,231,229

• 7a · Gross sales of assets other than inventory

  securities $11,666,000 · other assets $37,942

• 7b · Less cost or other basis and sales expenses

  securities $14,609,796 · other assets $0

• 7c · Gain or loss

  securities -$2,943,796 · other assets $37,942

• 7d · Net gain or loss

  total -$2,905,854 · excluded -$2,905,854

• 11a · Other revenue: REBATES & MISCELLANEOU

  total $1,822,438 · related or exempt $1,822,438

• 11e · Other revenue, total

  $1,822,438

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,170 · program services $8,170

• 2 · Grants to domestic individuals

  total $129,110 · program services $129,110

• 5 · Compensation of officers, directors and key employees

  total $15,380,320 · program services $1,845,638 · management and general $13,534,682

• 7 · Other salaries and wages

  total $166,436,417 · program services $152,358,020 · management and general $13,534,027 · fundraising $544,370

• 8 · Pension plan contributions

  total $15,741,494 · program services $14,867,531 · management and general $844,127 · fundraising $29,836

• 9 · Other employee benefits

  total $28,065,015 · program services $26,611,505 · management and general $1,370,033 · fundraising $83,477

• 10 · Payroll taxes

  total $11,545,975 · program services $10,591,995 · management and general $918,363 · fundraising $35,617

• 11b · Fees: legal

  total $3,430,908 · program services $402,690 · management and general $3,028,218

• 11c · Fees: accounting

  total $242,083 · program services $683 · management and general $241,400

• 11d · Fees: lobbying

  total $402,959 · management and general $402,959

• 11f · Fees: investment management

  total $2,811,762 · management and general $2,811,762

• 11g · Fees: other

  total $20,047,315 · program services $13,884,973 · management and general $6,135,739 · fundraising $26,603

• 12 · Advertising and promotion

  total $3,379,717 · program services $3,230,162 · management and general $148,835 · fundraising $720

• 13 · Office expenses

  total $4,724,514 · program services $1,537,655 · management and general $3,181,399 · fundraising $5,460

• 14 · Information technology

  total $12,080,642 · program services $1,411,474 · management and general $10,652,875 · fundraising $16,293

• 16 · Occupancy

  total $21,722,554 · program services $21,722,554

• 17 · Travel

  total $2,855,648 · program services $2,539,791 · management and general $296,048 · fundraising $19,809

• 20 · Interest

  total $293,111 · program services $293,111

• 22 · Depreciation, depletion and amortization

  total $15,618,935 · program services $11,650,231 · management and general $3,947,289 · fundraising $21,415

• 23 · Insurance

  total $3,828,374 · program services $3,157,027 · management and general $671,347

• 24a · Other expenses: SUPPLIES

  total $219,201,570 · program services $215,449,796 · management and general $3,751,681 · fundraising $93

• 24b · Other expenses: R&M & EQUIPMENT

  total $16,819,099 · program services $13,629,282 · management and general $3,181,875 · fundraising $7,942

• 24c · Other expenses: MGMT FEE-HEMOPHILIA CON

  total $13,449,993 · program services $13,449,993

• 24d · Other expenses: COURIER/DELIVERY SERVIC

  total $8,206,046 · program services $8,171,689 · management and general $31,451 · fundraising $2,906

• 24e · All other expenses

  total $13,105,443 · program services $12,545,983 · management and general $517,567 · fundraising $41,893

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,040,402 · end of year $19,694,640

• 2 · Savings and temporary cash investments

  beginning of year $54,882,833 · end of year $10,146,571

• 4 · Accounts receivable

  beginning of year $76,874,325 · end of year $75,529,876

• 8 · Inventories for sale or use

  beginning of year $30,505,576 · end of year $32,198,740

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,482,551 · end of year $6,936,330

• 10a · Land, buildings and equipment: cost or other basis

  $353,432,542

• 10b · Land, buildings and equipment: accumulated depreciation

  $241,551,593

• 10c · Land, buildings and equipment, net

  beginning of year $91,907,607 · end of year $111,880,949

• 11 · Investments: publicly traded securities

  beginning of year $970,929 · end of year $1,133,740

• 12 · Investments: other securities

  beginning of year $348,523,006 · end of year $382,875,614

• 14 · Intangible assets

  beginning of year $998,148 · end of year $1,813,476

• 15 · Other assets

  beginning of year $140,532,782 · end of year $142,082,908

• 17 · Accounts payable and accrued expenses

  beginning of year $60,538,989 · end of year $68,734,975

• 23 · Secured mortgages and notes payable

  beginning of year $5,187,292 · end of year $2,968,781

• 25 · Other liabilities

  beginning of year $149,339,025 · end of year $154,730,539

• 27 · Net assets without donor restrictions

  beginning of year $551,309,084 · end of year $551,603,592

• 28 · Net assets with donor restrictions

  beginning of year $343,769 · end of year $6,254,957

The filer's explanations (Part III)

PART I, LINES 4A-B

ELIZABETH MCQUAIL RECEIVED A SEVERANCE PAYMENT OF $307,346 IN 2023 IN ACCORDANCE WITH AN AGREEMENT WITH THE ORGANIZATION. THE ORGANIZATION HAS A SECTION 457(F) PLAN FOR ITS CEO, CHRISTOPHER D. HILLYER, AND THE OTHER PARTICIPANTS LISTED BELOW. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN BENEFITS WERE VESTED AND PAID TO PARTICIPANTS IN 2023 AS FOLLOWS: - CHRISTOPHER HILLYER - $48,300 - ELIZABETH MCQUAIL - $38,587 - JORDANA SCHWARTZ - $10,740 - BETSY JETT - $8,411 NEW PLAN BENEFITS FOR THE PARTICIPANTS IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN WERE ACCRUED IN 2023 AS FOLLOWS: - CHRISTOPHER HILLYER - $62,650 - JORDANA SCHWARTZ - $9,466 - BETSY JETT - $7,897 - JOSEPH MOHR - $23,398 - ANDREA CEFARELLI - $2,767 - BRUCE SACHAIS - $4,537 - DAVID GRAHAM - $2,406 - DONNA STRAUSS - $4,642 - PATRICIA KILLEEN - $3,437 - RICHARD YOUNGBLOOD - $9,091 - DAVID BENCH - $10,699 - VAUGHN RATCHFORD - $5,514 - MEGHAN WOOD - $761 NEW PLAN BENEFITS ACCRUED IN 2023 ARE SUBJECT TO A THREE YEAR VESTING SCHEDULE WHICH IS A SUBSTANTIAL RISK OF FORFEITURE. PLAN BENEFIT AMOUNTS THAT BECOME VESTED TO PARTICIPANTS ARE INCLUDED IN THE TOTALS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). NEW ACCRUALS OF PLAN BENEFITS ARE INCLUDED IN THE TOTALS REPORTED IN SCHEDULE J, PART II, COLUMN (C).

PART I, LINE 7

UPON THE ORGANIZATION ACHIEVING CERTAIN BUDGET THRESHOLDS, EXECUTIVES OTHER THAN THE CEO WERE ELIGIBLE FOR MERIT BONUSES OF UP TO 10% OF THEIR ANNUAL BASE SALARIES, DETERMINED BY THEIR ACHIEVING PERFORMANCE BENCHMARKS ESTABLISHED BY SENIOR MANAGEMENT AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE CEO'S ANNUAL BONUS IS DISCRETIONARY DETERMINED BY THE BOARD AND BASED ON PERFORMANCE.