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Nonprofiteer
← LIFESHARE BLOOD CENTER

Form 990 for tax year 2024

Filed by LIFESHARE BLOOD CENTER.

Totals

Total revenue
$46,476,156
Total expenses
$46,762,244
Contributions and grants received
$77,650
Grants paid
$133,780
Program service revenue
$44,694,391
Investment income
$750,483
Other revenue
$953,632
Total assets, end of year
$42,061,673
Total liabilities, end of year
$4,883,518
Net assets or fund balances, end of year
$37,178,155
Program services expenses (Part IX)
$36,752,798
Management and general expenses
$9,918,655
Fundraising expenses
$90,791
Program service expenses (Part III)
$36,752,798

Program services were 78.6% 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

    $77,650

  • 2a · Program service revenue: BLOOD SERVICE FEES

    total $36,078,981 · related or exempt $36,078,981

  • 2b · Program service revenue: LAB FEES

    total $4,393,984 · related or exempt $4,393,984

  • 2c · Program service revenue: PLASMA FOR FRACTIONATION

    total $2,996,199 · related or exempt $2,996,199

  • 2d · Program service revenue: SOURCE PLASMA

    total $1,134,821 · related or exempt $1,134,821

  • 2e · Program service revenue: PATIENT SERVICES

    total $90,406 · related or exempt $90,406

  • 3 · Investment income

    total $626,508 · excluded $626,508

  • 6a · Gross rents

    real property $81,924

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $81,924

  • 6d · Net rental income or loss

    total $81,924 · excluded $81,924

  • 7a · Gross sales of assets other than inventory

    securities $113,730 · other assets $23,232

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

    securities $12,987 · other assets $0

  • 7c · Gain or loss

    securities $100,743 · other assets $23,232

  • 7d · Net gain or loss

    total $123,975 · excluded $123,975

  • 10a · Gross sales of inventory

    $469,840

  • 10b · Cost of goods sold

    $421,433

  • 10c · Net income from sales of inventory

    total $48,407 · related or exempt $48,407

  • 11a · Other revenue: OTHER INCOME

    total $866,419 · related or exempt $866,419

  • 11b · Other revenue: PARTNERSHIP INCOME

    total -$43,118 · unrelated business -$43,118

  • 11e · Other revenue, total

    $823,301

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $133,780 · program services $133,780

  • 5 · Compensation of officers, directors and key employees

    total $1,467,598 · program services $1,006,142 · management and general $456,200 · fundraising $5,256

  • 6 · Compensation of disqualified persons

    total $17,165,661 · program services $11,768,268 · management and general $5,335,912 · fundraising $61,481

  • 8 · Pension plan contributions

    total $857,626 · program services $556,100 · management and general $297,765 · fundraising $3,761

  • 9 · Other employee benefits

    total $2,685,711 · program services $1,818,874 · management and general $852,120 · fundraising $14,717

  • 10 · Payroll taxes

    total $1,331,071 · program services $939,272 · management and general $386,946 · fundraising $4,853

  • 11c · Fees: accounting

    total $71,739 · management and general $71,739

  • 11f · Fees: investment management

    total $2,989 · management and general $2,989

  • 11g · Fees: other

    total $1,393,512 · program services $1,230,361 · management and general $163,151

  • 12 · Advertising and promotion

    total $123,728 · program services $119,972 · management and general $3,756

  • 16 · Occupancy

    total $606,324 · program services $434,058 · management and general $172,266

  • 17 · Travel

    total $289,417 · program services $64,758 · management and general $224,264 · fundraising $395

  • 22 · Depreciation, depletion and amortization

    total $2,216,364 · program services $1,981,542 · management and general $234,822

  • 23 · Insurance

    total $730,663 · program services $162,512 · management and general $568,151

  • 24a · Other expenses: COLLECTIONS EXPENSE

    total $4,573,092 · program services $4,573,092

  • 24b · Other expenses: OUTSOURCE CONTRACT TEST

    total $3,948,131 · program services $3,948,131

  • 24c · Other expenses: DONOR RECRUITMENT

    total $1,951,982 · program services $1,657,343 · management and general $294,639

  • 24d · Other expenses: VEHICLE EXPENSES

    total $1,157,306 · program services $1,010,194 · management and general $147,112

  • 24e · All other expenses

    total $6,055,550 · program services $5,348,399 · management and general $706,823 · fundraising $328

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,992,335 · end of year $6,746,660

  • 2 · Savings and temporary cash investments

    beginning of year $375,000

  • 4 · Accounts receivable

    beginning of year $6,084,497 · end of year $6,317,951

  • 7 · Other notes and loans receivable

    beginning of year $672,619 · end of year $458,334

  • 8 · Inventories for sale or use

    beginning of year $2,025,653 · end of year $1,970,181

  • 9 · Prepaid expenses and deferred charges

    beginning of year $929,696 · end of year $1,482,526

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

    $38,259,308

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

    $15,448,601

  • 10c · Land, buildings and equipment, net

    beginning of year $21,474,147 · end of year $22,810,707

  • 11 · Investments: publicly traded securities

    beginning of year $7,431,275

  • 12 · Investments: other securities

    beginning of year $1,359,729 · end of year $1,391,367

  • 14 · Intangible assets

    beginning of year $500,000 · end of year $568,086

  • 15 · Other assets

    beginning of year $395,295 · end of year $315,861

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,074,589 · end of year $3,963,906

  • 25 · Other liabilities

    beginning of year $1,069,055 · end of year $919,612

  • 27 · Net assets without donor restrictions

    beginning of year $50,580,925 · end of year $37,178,155

  • 28 · Net assets with donor restrictions

    beginning of year $515,677 · end of year $0

Mission and programs · 2024

Mission

THE MISSION OF LIFESHARE BLOOD CENTER IS TO CONNECT DONORS AND THE LIVES THEY IMPACT.

  • COLLECT, PROCESS, AND DISTRIBUTE VOLUNTARILY DONATED BLOOD COMPONENTS FOR USE BY PATIENTS. PERFORM APHERESIS, LABORATORY AND SCIENTIFIC SUPPORT SERVICES RELATED TO PROVISION OF BLOOD COMPONENTS FOR USE BY PATIENTS. CONDUCT PUBLIC EDUCATION AND AWARENESS PROGRAMS FOR THE PURPOSE OF RECRUITING VOLUNTEER BLOOD DONORS.

    Expenses $34,418,196 · Grants $133,780 · Revenue $44,474,396

  • LIFESHARE BIOLOGICS: HOME TO THREE STATE-OF-THE-ART CLEANROOMS, RATED ISO 8, 7, AND 6, WITH A BIOSAFETY LAMINAR FLOW HOOD RATEDISO 5. OUR TEAMS ISOLATE, EXPAND, AND FREEZE HUMAN PLACENTALMESENCHYMAL STROMAL/STEM CELLS (MSC), AS WELL AS HUMAN UMBILICAL CORDENDOTHELIAL CELLS (HUVEC) AND AMNION.

    Expenses $513,577

  • PELICAN PLASMA: COLLECT PLASMA - THE MOST LIQUID PORTION OF YOUR BLOODTHAT HELPS TRANSPORT NUTRIENTS, ENZYMES, WASTE AND OTHER MATTERTHROUGHOUT YOUR BODY.

    Expenses $1,821,025 · Revenue $1,134,821

As filed on the 2024 return.

Listed in Part VII

  • TOM SIMMS III

    TRUSTEE, CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • JOHN VANHOOSE

    TRUSTEE, VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • VERNI HOWARD

    TRUSTEE, SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • WALTER SANCHEZ

    TRUSTEE, PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • O MICHAEL HARRIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MARGARET WALLACE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • WILLIAM HANKINS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JOHN MATESSINO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • VICTOR SOOTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • MERRILEE LEATHERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • JOYCE BURGES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • LOUIS RAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • CHAD DOUGLAS

    PRESIDENT, CEO

    Total calculated
    $746,327
    From this org
    $697,644
    From related orgs
    $0
    Other
    $48,683
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $697,644
    Bonus
    $0
    Other
    $0
    Deferred
    $35,893
    Nontaxable benefits
    $12,790
    Filer's total
    $746,327

  • MONICA KALVELAGE

    COO

    Total calculated
    $258,783
    From this org
    $220,569
    From related orgs
    $0
    Other
    $38,214
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,569
    Bonus
    $0
    Other
    $0
    Deferred
    $12,976
    Nontaxable benefits
    $25,238
    Filer's total
    $258,783

  • CARRIE HRISAFI-JOSAN

    CFO

    Total calculated
    $254,443
    From this org
    $228,680
    From related orgs
    $0
    Other
    $25,763
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,680
    Bonus
    $0
    Other
    $0
    Deferred
    $13,211
    Nontaxable benefits
    $12,552
    Filer's total
    $254,443

  • LORI BATTON

    CAO

    Total calculated
    $171,825
    From this org
    $150,228
    From related orgs
    $0
    Other
    $21,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,228
    Bonus
    $0
    Other
    $0
    Deferred
    $9,045
    Nontaxable benefits
    $12,552
    Filer's total
    $171,825

  • NELSON HELLWIG

    EXEC. DIRECTOR

    Total calculated
    $291,179
    From this org
    $251,846
    From related orgs
    $0
    Other
    $39,333
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,846
    Bonus
    $0
    Other
    $0
    Deferred
    $14,107
    Nontaxable benefits
    $25,226
    Filer's total
    $291,179

  • GERI VENABLE

    COO, PLASMA SERVICES

    Total calculated
    $208,627
    From this org
    $170,478
    From related orgs
    $0
    Other
    $38,149
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,478
    Bonus
    $0
    Other
    $0
    Deferred
    $10,636
    Nontaxable benefits
    $27,513
    Filer's total
    $208,627

  • TIM PETERSON

    MEDICAL DIRECTOR

    Total calculated
    $130,449
    From this org
    $123,065
    From related orgs
    $0
    Other
    $7,384
    Hours/week
    19

  • GEORGE JONES

    EXEC. DIRECTOR QUALITY & R

    Total calculated
    $144,083
    From this org
    $125,022
    From related orgs
    $0
    Other
    $19,061
    Hours/week
    40

  • CHELSEA SHEPPARD

    MEDICAL DIRECTOR

    Total calculated
    $144,586
    From this org
    $136,402
    From related orgs
    $0
    Other
    $8,184
    Hours/week
    20

  • TERESA STEWART

    EXEC. DIRECTOR BLOOD OPERATIONS

    Total calculated
    $151,035
    From this org
    $128,179
    From related orgs
    $0
    Other
    $22,856
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,179
    Bonus
    $0
    Other
    $0
    Deferred
    $7,837
    Nontaxable benefits
    $15,019
    Filer's total
    $151,035

  • JARED FRY

    SR. DIRECTOR -LABORATORY S

    Total calculated
    $161,966
    From this org
    $129,085
    From related orgs
    $0
    Other
    $32,881
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,085
    Bonus
    $0
    Other
    $0
    Deferred
    $7,643
    Nontaxable benefits
    $25,238
    Filer's total
    $161,966

  • CARLOS COCKERHAM

    SR. DIRECTOR - INFORMATION

    Total calculated
    $141,835
    From this org
    $109,870
    From related orgs
    $0
    Other
    $31,965
    Hours/week
    40

  • MICHAEL NAQUIN

    EXEC. DIRECTOR PROCUREMENT

    Total calculated
    $118,352
    From this org
    $110,733
    From related orgs
    $0
    Other
    $7,619
    Hours/week
    40

  • TERESA FOOTMAN

    ACTS PURCHASING MANAGER

    Total calculated
    $121,786
    From this org
    $103,547
    From related orgs
    $0
    Other
    $18,239
    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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • I T SYNERGISTICS

    UNRELATED · SOFTWARE DESIGN FOR USE BY BLOOD BANKS · MS · 25% owned · share of income -$43,118 · share of assets $47,889 · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
22 December 2025
IRS schema version
2024v5.2
Source object
202503569349301405

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