Form 990 for tax year 2024
Filed by AMERICAN ASSOCIATION OF BLOOD BANKS.
Totals
- Total revenue
- $19,618,911
- Total expenses
- $24,156,704
- Contributions and grants received
- $20,000
- Grants paid
- $15,000
- Program service revenue
- $15,474,827
- Investment income
- $1,042,366
- Other revenue
- $3,081,718
- Total assets, end of year
- $23,301,691
- Total liabilities, end of year
- $25,075,736
- Net assets or fund balances, end of year
- -$1,774,045
- Program services expenses (Part IX)
- $16,385,299
- Management and general expenses
- $7,717,512
- Fundraising expenses
- $53,893
- Program service expenses (Part III)
- $16,385,299
Program services were 67.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$20,000
-
2a · Program service revenue: Accreditation
total $5,671,093 · related or exempt $5,671,093
-
2b · Program service revenue: Conferences & Education
total $4,163,859 · related or exempt $3,640,859 · excluded $523,000
-
2c · Program service revenue: Membership Dues
total $3,822,172 · related or exempt $3,822,172
-
2d · Program service revenue: National Blood Exchange
total $1,125,256 · related or exempt $1,125,256
-
2e · Program service revenue: Corporate Partnership
total $305,606 · excluded $305,606
-
2f · All other program service revenue
total $386,841 · related or exempt $363,591 · unrelated business $13,250 · excluded $10,000
-
3 · Investment income
total $330,980 · excluded $330,980
-
5 · Royalties
total $591,292 · unrelated business $22,366 · excluded $568,926
-
6a · Gross rents
real property $283,786
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $283,786
-
6d · Net rental income or loss
total $283,786 · excluded $283,786
-
7a · Gross sales of assets other than inventory
securities $11,891,745
-
7b · Less cost or other basis and sales expenses
securities $11,180,359
-
7c · Gain or loss
securities $711,386
-
7d · Net gain or loss
total $711,386 · excluded $711,386
-
10a · Gross sales of inventory
$1,303,637
-
10b · Cost of goods sold
$207,325
-
10c · Net income from sales of inventory
total $1,096,312 · related or exempt $1,096,312
-
11a · Other revenue: Management Fees
total $652,500 · excluded $652,500
-
11b · Other revenue: Insurance proceeds
total $252,632 · excluded $252,632
-
11c · Other revenue: Miscellaneous income
total $205,196 · excluded $205,196
-
11e · Other revenue, total
$1,110,328
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $15,000 · program services $15,000
-
5 · Compensation of officers, directors and key employees
total $1,580,227 · program services $990,495 · management and general $589,654 · fundraising $78
-
7 · Other salaries and wages
total $8,020,480 · program services $6,230,122 · management and general $1,789,982 · fundraising $376
-
8 · Pension plan contributions
total $191,117 · program services $165,777 · management and general $25,327 · fundraising $13
-
9 · Other employee benefits
total $908,312 · program services $309,972 · management and general $598,309 · fundraising $31
-
10 · Payroll taxes
total $646,734 · program services $477,910 · management and general $168,793 · fundraising $31
-
11b · Fees: legal
total $346,687 · management and general $346,687
-
11c · Fees: accounting
total $508,158 · management and general $508,158
-
11f · Fees: investment management
total $41,120 · management and general $41,120
-
11g · Fees: other
total $4,217,906 · program services $2,677,706 · management and general $1,503,648 · fundraising $36,552
-
12 · Advertising and promotion
total $273,275 · program services $151,914 · management and general $121,361
-
13 · Office expenses
total $713,270 · program services $688,596 · management and general $23,301 · fundraising $1,373
-
14 · Information technology
total $806,135 · program services $118,271 · management and general $686,283 · fundraising $1,581
-
16 · Occupancy
total $893,887 · program services $602,475 · management and general $291,412
-
17 · Travel
total $2,114,198 · program services $1,849,570 · management and general $256,273 · fundraising $8,355
-
19 · Conferences, conventions and meetings
total $1,369,122 · program services $1,347,296 · management and general $21,826
-
20 · Interest
total $295,747 · management and general $295,747
-
22 · Depreciation, depletion and amortization
total $228,917 · program services $145,344 · management and general $83,573
-
23 · Insurance
total $370,514 · program services $235,247 · management and general $135,267
-
24a · Other expenses: Membership and Subscrip
total $370,149 · program services $268,981 · management and general $100,880 · fundraising $288
-
24b · Other expenses: Other Expenses
total $245,749 · program services $110,623 · management and general $129,911 · fundraising $5,215
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,282,130 · end of year $3,116,104
-
4 · Accounts receivable
beginning of year $4,147,159 · end of year $4,246,432
-
8 · Inventories for sale or use
beginning of year $166,188 · end of year $174,322
-
9 · Prepaid expenses and deferred charges
beginning of year $607,529 · end of year $785,438
-
10a · Land, buildings and equipment: cost or other basis
$4,876,971
-
10b · Land, buildings and equipment: accumulated depreciation
$3,849,584
-
10c · Land, buildings and equipment, net
beginning of year $1,073,004 · end of year $1,027,387
-
11 · Investments: publicly traded securities
beginning of year $13,994,818 · end of year $11,078,007
-
15 · Other assets
beginning of year $3,485,782 · end of year $2,874,001
-
17 · Accounts payable and accrued expenses
beginning of year $9,924,630 · end of year $10,350,703
-
19 · Deferred revenue
beginning of year $3,659,451 · end of year $6,263,021
-
23 · Secured mortgages and notes payable
beginning of year $4,159,900 · end of year $4,159,900
-
25 · Other liabilities
beginning of year $5,630,824 · end of year $4,302,112
-
27 · Net assets without donor restrictions
beginning of year $2,381,805 · end of year -$1,774,045
Mission and programs · 2024
Mission
Improving lives by making transfusion medicine and biotherapies safe, available, and effective worldwide.
-
Standards and Accreditation: AABB develops evidence-based standards and administers voluntary accreditation programs that promote high quality and safety in blood and biotherapies. These programs define optimal patient and donor care and provide healthcare institutions with tools for continuous improvement. AABB's voluntary accreditation program is widely recognized as the mark of excellence in the field and helps ensure that lifesaving therapies are delivered safely, effectively, and consistently across institutions worldwide.
Expenses $5,666,614 · Revenue $5,671,093
-
Conferences and Education - AABB's educational programs disseminate new techniques, advances, and best practices in transfusion medicine and biotherapies to healthcare providers worldwide. The AABB Annual Meeting features plenary sessions, scientific abstracts, lectures, workshops, courses, exhibits, and networking opportunities, complemented by collaborative programs with professional societies, government agencies, and nonprofit partners. AABB also offers online learning through webinars, on-demand courses, and digital resources, many accredited for continuing education. These activities equip providers with the knowledge and tools to improve patient outcomes, enhance donor safety, and advance innovation in the field.
Expenses $4,921,066 · Grants $15,000 · Revenue $4,163,859
-
Publications: AABB is a leading publisher of resources in blood banking, transfusion medicine, and cellular therapies. Our scholarly journal, TRANSFUSION, along with practice standards, books, and other educational materials, advance the acquisition and application of new knowledge across clinical, laboratory, and scientific disciplines. AABB also provides timely information including through newsletters, bulletins, magazines, and the online AABB Hub, keeping professionals connected to the latest research, policy developments, and best practices that support safe and effective patient and donor care.
Expenses $1,460,611 · Revenue $1,605,982
-
The National Blood Exchange (NBE) coordinates the nationwide sharing of blood and blood components, ensuring that hospitals and patients have access to lifesaving products when and where they are needed. By leveraging a network of blood facilities with surplus supplies, NBE facilitates the redistribution of more than 181,000 units of blood and components each year, reducing waste and helping maintain a safe and reliable blood supply across the United States.
Expenses $587,274 · Revenue $1,125,256
-
Membership Services: AABB's membership includes thousands of professionals worldwide dedicated to advancing safe and effective blood and biotherapies, including physicians, scientists, nurses, laboratory experts, and leaders from blood centers, hospitals, and cellular therapy programs. Members gain access to trusted information, professional networks, mentorship, and forums to address scientific, regulatory, and public safety challenges. AABB also provides timely communications that keep members and the public informed about advances and best practices, helping ensure a connected, skilled workforce focused on protecting donors and improving patient care.
Revenue $4,127,778
-
All other programs.
Expenses $3,749,734 · Revenue $61,247
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Meghan Delaney
President
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Jose Cancelas
President-Elect
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Aaron Tobian
Immediate Past President (From 10/24)
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Brian Gannon
Immediate Past President (To 10/24)
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Richard Schafer
Vice President
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
John Hagins
Treasurer
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Delisa English
Secretary
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Caroline Wesonga
Board Director (From 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Celina Montemayor-Garcia
Board Director (To 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Dawn Ward
Board Director
- Total calculated
- $0
- Hours/week
- 2
-
Don Siegel
Board Director (From 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Harpreet Sandhu
Board Director (From 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Jose Mauro Kutner
Board Director (From 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Magali Fontaine
Board Director (To 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Melissa Cushing
Board Director (From 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Nancy Dunbar
Board Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Pampee Young
Board Director
- Total calculated
- $0
- Hours/week
- 2
-
Phil Accooe
Board Director (To 10/24)
- Total calculated
- $0
- Hours/week
- 2
-
Raymond Goodrich
Board Director
- Total calculated
- $0
- Hours/week
- 2
-
Ronit Slotky
Board Director
- Total calculated
- $0
- Hours/week
- 2
-
Sally Campbell-Lee
Board Director
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Suzanne Thibodeaux
Board Director
- Total calculated
- $0
- Hours/week
- 2
-
Wen Lu
Board Director
- Total calculated
- $0
- Hours/week
- 2
-
Debra BenAvram
Chief Executive Officer
- Total calculated
- $881,674
- From this org
- $748,835
- From related orgs
- $0
- Other
- $132,839
- Hours/week
- 35.5 + 2 related
Schedule J breakdown matched by us
- Base
- $623,971
- Bonus
- $90,090
- Other
- $34,774
- Deferred
- $91,089
- Nontaxable benefits
- $41,750
- Filer's total
- $881,674
-
Julia Zimmerman
Chief Comm./Engmt. Offficer
- Total calculated
- $425,941
- From this org
- $272,924
- From related orgs
- $104,111
- Other
- $48,906
- Hours/week
- 26.25 + 11.25 related
Schedule J breakdown matched by us
- Base
- $242,462 + $103,913 related
- Bonus
- $30,000
- Other
- $462 + $198 related
- Deferred
- $7,245 + $3,105 related
- Nontaxable benefits
- $26,989 + $11,567 related
- Filer's total
- $307,158 + $118,783 related
-
Michael Grogan
CFO/CIO (To 07/24)
- Total calculated
- $444,433
- From this org
- $414,815
- From related orgs
- $0
- Other
- $29,618
- Hours/week
- 35.5 + 2 related
Schedule J breakdown matched by us
- Base
- $229,628
- Bonus
- $30,000
- Other
- $155,187
- Deferred
- $7,569
- Nontaxable benefits
- $22,049
- Filer's total
- $444,433
-
Kunal Chavan
CFO/CIO (From 12/24)
- Total calculated
- $13,774
- From this org
- $10,928
- From related orgs
- $0
- Other
- $2,846
- Hours/week
- 35.5 + 2 related
-
Diane Killion
General Counsel
- Total calculated
- $270,758
- From this org
- $257,912
- From related orgs
- $0
- Other
- $12,846
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $241,529
- Bonus
- $8,000
- Other
- $8,383
- Deferred
- $7,313
- Nontaxable benefits
- $5,533
- Filer's total
- $270,758
-
Leah Stone
VP, Public Policy & Advocacy
- Total calculated
- $291,524
- From this org
- $245,537
- From related orgs
- $0
- Other
- $45,987
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $239,547
- Bonus
- $5,000
- Other
- $990
- Deferred
- $7,432
- Nontaxable benefits
- $38,555
- Filer's total
- $291,524
-
Christine Bales
VP, Global and Consulting
- Total calculated
- $270,336
- From this org
- $234,534
- From related orgs
- $0
- Other
- $35,802
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $215,937
- Bonus
- $5,000
- Other
- $13,597
- Deferred
- $6,721
- Nontaxable benefits
- $29,081
- Filer's total
- $270,336
-
Jeffrey Wren
VP, Biotherapies
- Total calculated
- $247,550
- From this org
- $232,359
- From related orgs
- $0
- Other
- $15,191
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $231,699
- Bonus
- $0
- Other
- $660
- Deferred
- $3,510
- Nontaxable benefits
- $11,681
- Filer's total
- $247,550
-
Jackie Thomas
VP, Education
- Total calculated
- $234,378
- From this org
- $223,429
- From related orgs
- $0
- Other
- $10,949
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $212,591
- Bonus
- $8,000
- Other
- $2,838
- Deferred
- $6,388
- Nontaxable benefits
- $4,561
- Filer's total
- $234,378
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 4a
- Michael Grogan received a severance payment of $133,620 during FY 24 which was properly reported on his 2024 W2, 1099, and F990. The terms and conditions of the arrangement is confidential and is available to the IRS upon request.
- Schedule J, Part I, Line 4b
- Debra BenAvram participated in a section 457(f) plan with American Association of Blood Banks in 2024. During the tax year, the organization made a contribution of $59,581 to the plan. This amount is included in deferred compensation in part VII, column F and schedule J, column C.
- Schedule J, Part I, Line 7
- American Association of Blood Banks provided a discretionary bonus to Debra BenAvram during the tax year. The bonus is calculated using a percentage of her base salary as prescribed in her employment contract.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · To fund research, education and training · MD · controlled entity
Directly controlled by American Association of Blood Banks
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513189349310911
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