Form 990 for tax year 2024
Filed by BLOOD CENTER FOUNDATION OF THE INLAND NORTHWEST.
Totals
- Total revenue
- $569,802
- Total expenses
- $462,319
- Contributions and grants received
- $192,747
- Grants paid
- $288,369
- Program service revenue
- $0
- Investment income
- $594,532
- Other revenue
- -$217,477
- Total assets, end of year
- $9,141,600
- Total liabilities, end of year
- $654
- Net assets or fund balances, end of year
- $9,140,946
- Program services expenses (Part IX)
- $384,549
- Management and general expenses
- $77,770
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $384,549
Program services were 83.2% 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.
-
1c · Fundraising events
$192,162
-
1f · All other contributions, gifts and grants
$585
-
3 · Investment income
total $219,886 · excluded $219,886
-
7a · Gross sales of assets other than inventory
securities $1,559,476
-
7b · Less cost or other basis and sales expenses
securities $1,184,830
-
7c · Gain or loss
securities $374,646
-
7d · Net gain or loss
total $374,646 · excluded $374,646
-
8a · Fundraising events: gross income
$48,480
-
8a · Fundraising events: contributions included on line 1c
$192,162
-
8b · Fundraising events: direct expenses
$288,641
-
8c · Net income from fundraising events
total -$240,161 · excluded -$240,161
-
9a · Gaming: gross income
$40,865
-
9b · Gaming: direct expenses
$18,181
-
9c · Net income from gaming
total $22,684 · excluded $22,684
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $288,369 · program services $288,369
-
5 · Compensation of officers, directors and key employees
total $99,979 · program services $83,982 · management and general $15,997
-
10 · Payroll taxes
total $7,873 · program services $6,613 · management and general $1,260
-
11c · Fees: accounting
total $11,535 · management and general $11,535
-
11f · Fees: investment management
total $47,915 · management and general $47,915
-
13 · Office expenses
total $1,613 · program services $1,355 · management and general $258
-
17 · Travel
total $977 · program services $821 · management and general $156
-
19 · Conferences, conventions and meetings
total $149 · program services $125 · management and general $24
-
23 · Insurance
total $1,506 · program services $1,265 · management and general $241
-
24a · Other expenses: Dues & Subscriptions
total $2,403 · program services $2,019 · management and general $384
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $291,726 · end of year $58,765
-
2 · Savings and temporary cash investments
beginning of year $246,753 · end of year $254,276
-
3 · Pledges and grants receivable
beginning of year $382,715 · end of year $382,715
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $3,111
-
11 · Investments: publicly traded securities
beginning of year $7,752,072 · end of year $8,442,733
-
17 · Accounts payable and accrued expenses
beginning of year $41,369 · end of year $654
-
27 · Net assets without donor restrictions
beginning of year $482,275 · end of year $300,662
-
28 · Net assets with donor restrictions
beginning of year $8,149,622 · end of year $8,840,284
Mission and programs · 2024
Mission
The Blood Center Foundation Inland Northwest exists for the purpose of directly and indirectly supporting the charitable, educational and other tax-exempt activities of Vitalant in Spokane, WA and its surrounding community.
Activities or mission (Part I)
To invest in healthcare education, research and technology throughout the Inland Northwest.
-
Identify and cultivate potential donors, receive contributions in support of the mission, oversee investment of the endowment, review grant requests, and distribute funds to those grant recipients chosen from the selection process.
Expenses $384,549 · Grants $288,369
As filed on the 2024 return.
Listed in Part VII
-
Patrick Schmidt
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Jolene Severs
Vice-Chair
- Total calculated
- $0
- Hours/week
- 2
-
Steven McCormick From 0324
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Bruna
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Hawkins Until 0324
Director
- Total calculated
- $0
- Hours/week
- 2
-
Sid Kasuga PhD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Anthony Frei From 0924
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael Martinez From 0924
Ex Officio Dir./Vitalant Regional Dir.
- Total calculated
- $66,297
- From this org
- $0
- From related orgs
- $57,291
- Other
- $9,006
- Hours/week
- 2 + 38 related
-
Christopher Montague
Director
- Total calculated
- $0
- Hours/week
- 2
-
Vanessa Shafer
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bhavi Shah
Ex Officio Director/Vitalant EVP
- Total calculated
- $802,757
- From this org
- $0
- From related orgs
- $731,723
- Other
- $71,034
- Hours/week
- 2 + 53 related
Schedule J breakdown matched by us
- Base
- $0 + $470,567 related
- Bonus
- $0 + $249,672 related
- Other
- $0 + $11,484 related
- Deferred
- $0 + $23,000 related
- Nontaxable benefits
- $0 + $48,034 related
- Filer's total
- $0 + $802,757 related
-
Tricia Cheevers
Executive Director
- Total calculated
- $111,084
- From this org
- $0
- From related orgs
- $99,019
- Other
- $12,065
- Hours/week
- 40
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- The Organization does not establish the compensation of the Executive Director. Compensation is determined by a related organization and the organization relied on a related organization to establish compensation.
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
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) · Blood banking and research · AZ
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523219349317657
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