Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $56,059

• 2a · Program service revenue: Blood Service Fee

  total $146,469,024 · related or exempt $146,469,024

• 2b · Program service revenue: Lab Testings

  total $417,717 · related or exempt $417,717

• 2c · Program service revenue: Cellular Therapy

  total $843,917 · related or exempt $843,917

• 2f · All other program service revenue

  total $1,112,744 · related or exempt $1,112,744 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $620,021 · excluded $620,021

• 6a · Gross rents

  real property $11,601

• 6c · Rental income or loss

  real property $11,601 · personal property $0

• 6d · Net rental income or loss

  total $11,601 · excluded $11,601

• 7a · Gross sales of assets other than inventory

  securities $3,765,000 · other assets $126,964

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

  securities $3,640,061 · other assets $110,298

• 7c · Gain or loss

  securities $124,939 · other assets $16,666

• 7d · Net gain or loss

  total $141,605 · excluded $141,605

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $3,910,024 · program services $1,104,885 · management and general $2,805,139

• 7 · Other salaries and wages

  total $41,673,130 · program services $41,368,925 · management and general $304,205

• 8 · Pension plan contributions

  total $2,388,819 · program services $2,190,251 · management and general $198,568

• 9 · Other employee benefits

  total $4,984,283 · program services $4,064,213 · management and general $920,070

• 10 · Payroll taxes

  total $3,284,936 · program services $3,103,649 · management and general $181,287

• 11b · Fees: legal

  total $61,883 · management and general $61,883

• 11c · Fees: accounting

  total $132,748 · program services $75,356 · management and general $57,392

• 11f · Fees: investment management

  total $69,485 · management and general $69,485

• 11g · Fees: other

  total $4,682,793 · program services $4,307,055 · management and general $375,738 · fundraising $0

• 12 · Advertising and promotion

  total $24,156,594 · program services $24,156,594

• 13 · Office expenses

  total $10,015,345 · program services $9,447,387 · management and general $567,958

• 14 · Information technology

  total $728,125 · program services $728,125

• 16 · Occupancy

  total $1,053,131 · program services $962,062 · management and general $91,069

• 17 · Travel

  total $3,294,336 · program services $3,182,299 · management and general $112,037

• 19 · Conferences, conventions and meetings

  total $23,939 · program services $17,473 · management and general $6,466

• 20 · Interest

  total $545,562 · program services $545,562

• 22 · Depreciation, depletion and amortization

  total $5,997,224 · program services $5,415,772 · management and general $581,452

• 23 · Insurance

  total $1,582,672 · program services $1,582,672

• 24a · Other expenses: Risk Management

  total $2,011,927 · program services $110,139 · management and general $1,901,788

• 24b · Other expenses: Medical Supplies

  total $30,758,084 · program services $30,758,084

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,000 · end of year $1,000

• 2 · Savings and temporary cash investments

  beginning of year $6,446,101 · end of year $3,319,955

• 3 · Pledges and grants receivable

  beginning of year $34,029 · end of year $23,741

• 4 · Accounts receivable

  beginning of year $24,805,658 · end of year $23,813,935

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $722,107 · end of year $722,107

• 8 · Inventories for sale or use

  beginning of year $3,599,258 · end of year $3,937,846

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,603,612 · end of year $2,646,298

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

  $90,384,940

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

  $46,560,149

• 10c · Land, buildings and equipment, net

  beginning of year $42,515,112 · end of year $43,824,791

• 11 · Investments: publicly traded securities

  beginning of year $10,192,907 · end of year $15,927,910

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $462,045 · end of year $462,045

• 14 · Intangible assets

  beginning of year $1

• 15 · Other assets

  beginning of year $10,567,568 · end of year $13,027,758

• 17 · Accounts payable and accrued expenses

  beginning of year $10,754,671 · end of year $9,164,775

• 19 · Deferred revenue

  beginning of year $73,363 · end of year $89,637

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $15,945,956 · end of year $12,048,634

• 25 · Other liabilities

  beginning of year $10,401,269 · end of year $13,059,620

• 27 · Net assets without donor restrictions

  beginning of year $64,740,110 · end of year $73,320,979

• 28 · Net assets with donor restrictions

  beginning of year $34,029 · end of year $23,741

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Health or social club dues or initiation fees

THE ORGANIZATION PROVIDES THE OFFICERS WITH MEMBERSHIP TO THE COMMERCE CLUB OR POINSETT CLUB.

Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization

NET REVENUE SHARING ARRANGEMENT (PRIDE PROGRAM) All eligible employees participate in the net revenue sharing arrangement. Criteria have been set and are measured on a monthly basis to determine the amount available for distribution. The criteria are reviewed for accuracy and consistency before the distribution is made. Caps are in place to provide guidance on the maximum amount that an employee can earn under the agreement. Participation is open to all employees that meet basic eligibility requirements. Based on services obtained from compensation consultants in the past, the distribution amounts are reasonable in comparison to industry norms. Calculation of the distribution amount includes retaining 50% of the excess net revenue for the organization to protect against disproportional benefits to the employees at the expense of the organization. The CEO has an incentive plan based on 5 company performance criteria. This plan has been put in place by the Board.