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Nonprofiteer
← GULF COAST REGIONAL BLOOD CENTER

Form 990 for tax year 2023

Filed by GULF COAST REGIONAL BLOOD CENTER.

Totals

Total revenue
$125,814,644
Total expenses
$115,118,787
Contributions and grants received
$496,083
Grants paid
$78,883
Program service revenue
$121,189,615
Investment income
$3,329,202
Other revenue
$799,744
Total assets, end of year
$168,078,185
Total liabilities, end of year
$15,973,487
Net assets or fund balances, end of year
$152,104,698
Program services expenses (Part IX)
$104,292,628
Management and general expenses
$10,826,159
Fundraising expenses
$0
Program service expenses (Part III)
$104,292,628

Program services were 90.6% 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

    $496,083

  • 1g · Noncash contributions included above

    $396,464

  • 2a · Program service revenue: SERVICE FEES FOR BLOOD COMPONENTS

    total $101,206,625 · related or exempt $101,206,625

  • 2b · Program service revenue: LABORATORY SERVICES

    total $17,855,288 · related or exempt $17,855,288

  • 2c · Program service revenue: CELLULAR THERAPIES FEES

    total $2,127,702 · related or exempt $2,127,702

  • 3 · Investment income

    total $3,187,025 · excluded $3,187,025

  • 6a · Gross rents

    real property $1,082

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,082

  • 6d · Net rental income or loss

    total $1,082 · excluded $1,082

  • 7a · Gross sales of assets other than inventory

    securities $245,000 · other assets $266,888

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

    securities $244,615 · other assets $125,096

  • 7c · Gain or loss

    securities $385 · other assets $141,792

  • 7d · Net gain or loss

    total $142,177 · unrelated business $20,182 · excluded $121,995

  • 11a · Other revenue: PURCHASE REBATES

    total $321,214 · excluded $321,214

  • 11b · Other revenue: 403B VESTED REFUND

    total $198,102 · excluded $198,102

  • 11c · Other revenue: PARKING REVENUE

    total $38,670 · unrelated business $38,670

  • 11d · All other revenue

    total $240,676 · excluded $240,676

  • 11e · Other revenue, total

    $798,662

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,383 · program services $22,383

  • 2 · Grants to domestic individuals

    total $56,500 · program services $56,500

  • 5 · Compensation of officers, directors and key employees

    total $3,034,729 · program services $1,196,171 · management and general $1,838,558

  • 7 · Other salaries and wages

    total $43,862,471 · program services $40,973,497 · management and general $2,888,974

  • 8 · Pension plan contributions

    total $2,496,975 · program services $2,306,021 · management and general $190,954

  • 9 · Other employee benefits

    total $5,519,519 · program services $4,607,957 · management and general $911,562

  • 10 · Payroll taxes

    total $3,293,218 · program services $3,023,940 · management and general $269,278

  • 11b · Fees: legal

    total $127,840 · management and general $127,840

  • 11c · Fees: accounting

    total $94,320 · management and general $94,320

  • 11g · Fees: other

    total $105,261 · program services $51,908 · management and general $53,353

  • 12 · Advertising and promotion

    total $4,782,403 · program services $4,763,112 · management and general $19,291

  • 13 · Office expenses

    total $2,114,527 · program services $1,294,362 · management and general $820,165

  • 14 · Information technology

    total $2,091,063 · program services $1,908,079 · management and general $182,984

  • 16 · Occupancy

    total $2,672,709 · program services $2,263,267 · management and general $409,442

  • 17 · Travel

    total $891,862 · program services $875,426 · management and general $16,436

  • 19 · Conferences, conventions and meetings

    total $418,556 · program services $250,480 · management and general $168,076

  • 20 · Interest

    total $39,459 · program services $35,523 · management and general $3,936

  • 22 · Depreciation, depletion and amortization

    total $4,006,902 · program services $3,709,838 · management and general $297,064

  • 23 · Insurance

    total $2,167,992 · management and general $2,167,992

  • 24a · Other expenses: COLLECTION & LAB SUPPLY

    total $16,318,810 · program services $16,315,653 · management and general $3,157

  • 24b · Other expenses: REAGENTS

    total $10,713,500 · program services $10,713,500

  • 24c · Other expenses: BLOOD COMPONENT IMPORTS

    total $6,282,446 · program services $6,282,446

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $2,708,515 · program services $2,700,743 · management and general $7,772

  • 24e · All other expenses

    total $1,296,827 · program services $941,822 · management and general $355,005

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,936,467 · end of year $7,769,464

  • 2 · Savings and temporary cash investments

    beginning of year $244,615 · end of year $12,734,494

  • 4 · Accounts receivable

    beginning of year $15,526,451 · end of year $17,735,742

  • 8 · Inventories for sale or use

    beginning of year $5,735,643 · end of year $6,691,339

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,874,676 · end of year $2,357,561

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

    $93,173,694

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

    $58,652,768

  • 10c · Land, buildings and equipment, net

    beginning of year $31,584,646 · end of year $34,520,926

  • 11 · Investments: publicly traded securities

    beginning of year $70,076,558 · end of year $80,256,728

  • 15 · Other assets

    beginning of year $5,949,424 · end of year $6,011,931

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,893,460 · end of year $11,501,073

  • 19 · Deferred revenue

    beginning of year $242,751 · end of year $241,964

  • 25 · Other liabilities

    beginning of year $4,454,738 · end of year $4,230,450

  • 27 · Net assets without donor restrictions

    beginning of year $133,332,531 · end of year $152,099,653

  • 28 · Net assets with donor restrictions

    beginning of year $5,000 · end of year $5,045

Mission and programs · 2023

Mission

TO MAINTAIN AND SUPPORT A REGIONAL BLOOD SUPPLY TO SERVICE PRIMARILY THE NEEDS OF PATIENTS AND DONORS IN THE AREAS WE SERVE.

Activities or mission (Part I)

SEE SCHEDULE O. TO MAINTAIN AND SUPPORT A REGIONAL BLOOD SUPPLY TO SERVICE PRIMARILY THE NEEDS OF PATIENTS AND DONORS IN THE AREAS WE SERVE.

  • TRANSFUSION SERVICES - GULF COAST REGIONAL BLOOD CENTER ("THE BLOOD CENTER OR "GCRBC") COLLECTED OVER 312,000 UNITS OF BLOOD AND BLOOD COMPONENTS FROM VOLUNTARY DONORS. WE SHIPPED MORE THAN 354,000 UNITS TO AREA HOSPITALS AND SURGICAL CENTERS. IN 2023, GULF COAST REGIONAL BLOOD CENTER RECEIVED $301,635 OF IN-KIND CONTRIBUTIONS IN SUPPORT OF ITS PROGRAMS. THIS SUPPORT IS IN ADDITION TO THE $101,206,625 OF REVENUE SHOWN ABOVE.

    Expenses $87,095,787 · Grants $78,883 · Revenue $101,206,625

  • THE BLOOD CENTER PERFORMS 14 DIFFERENT TESTS ON EVERY UNIT OF BLOOD COLLECTED. OUR CONSULTATION AND REFERENCE LABORATORY SERVE AS A COMPATIBILITY TESTING SERVICE AND PROVIDES SUITABLE, SAFE AND EFFECTIVE BLOOD AND BLOOD COMPONENTS FOR TRANSFUSION TO PATIENTS IN OVER 100 FACILITIES. THE LABORATORY ALSO FUNCTIONS AS A REFERENCE LABORATORY FOR CLIENTS AND AREA HOSPITALS PERFORMING AND EVALUATING A WIDE VARIETY OF TESTS TO RESOLVE COMPLEX SEROLOGICAL PATIENT PROBLEMS. CONSULTATION AND REFERENCE ALSO REGISTERS RARE DONORS WITH THE AMERICAN RARE DONOR PROGRAM (ARDP) AND PROVIDES AND RECEIVES RARE UNITS THROUGH ARDP.

    Expenses $15,365,796 · Revenue $17,855,288

  • CELLULAR THERAPY SERVICES - THE BLOOD CENTER PERFORMS SPECIALIZED CELLULAR COLLECTIONS BY APHERESIS FOR PATIENTS WITH SPECIFIC TYPES OF CANCERS, INFECTIOUS DISEASES, AND AUTOIMMUNE DISORDERS. THE COLLECTED PRODUCTS ARE FURTHER MODIFIED BY BIOMEDICAL COMPANIES FOR REINFUSION TO THE PATIENTS AS A MEANS OF DISEASE TREATMENT OR DEVELOPMENT OF NOVEL THERAPEUTICS AND ADVANCED TREATMENT REGIMENS.

    Expenses $1,831,045 · Revenue $2,127,702

As filed on the 2023 return.

Listed in Part VII

  • ELIZABETH TORRES MD

    CHAIRMAN - FORMER VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • HENRY NOEY

    VICE CHAIRMAN - FORMER TREASURER

    Total calculated
    $0
    Hours/week
    1

  • RANDY PRYOR

    TREASURER - FORMER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EVAN G PIVALIZZA MD

    SECRETARY - FORMER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEANNA BAMBURG

    TRUSTEE - NEW SEPT 2023

    Total calculated
    $0
    Hours/week
    1

  • BRAD BUSLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BRYAN COTTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HATTIE E HENDERSON MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SEAN MURPHY

    TRUSTEE - NEW JAN 2023

    Total calculated
    $0
    Hours/week
    1

  • AMY L NELSON JD CTFA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICK TOWNSEND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHAD WILSON MD

    TRUSTEE - NEW MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • R PATRICK WOOD MD

    TRUSTEE - NEW MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • KHUSH NARIMAN

    FORMER CHAIRMAN - JAN TO MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • GREG BERNICA

    TRUSTEE - JAN TO MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • KENNETH L MATTOX MD

    TRUSTEE - JAN TO MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL E SPEER MD

    TRUSTEE - JAN TO MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • KAREN TELLEPSEN

    TRUSTEE - JAN TO MARCH 2023

    Total calculated
    $0
    Hours/week
    1

  • BRIAN G GANNON

    PRESIDENT AND CEO

    Total calculated
    $739,765
    From this org
    $677,124
    From related orgs
    $0
    Other
    $62,641
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $545,898
    Bonus
    $103,671
    Other
    $27,555
    Deferred
    $51,644
    Nontaxable benefits
    $10,997
    Filer's total
    $739,765

  • ELIZABETH A HARTWELL

    CMO

    Total calculated
    $502,418
    From this org
    $468,026
    From related orgs
    $0
    Other
    $34,392
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $424,989
    Bonus
    $33,131
    Other
    $9,906
    Deferred
    $29,700
    Nontaxable benefits
    $4,692
    Filer's total
    $502,418

  • ERIC EATON

    CFO

    Total calculated
    $403,828
    From this org
    $366,304
    From related orgs
    $0
    Other
    $37,524
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $333,339
    Bonus
    $29,611
    Other
    $3,354
    Deferred
    $28,880
    Nontaxable benefits
    $8,644
    Filer's total
    $403,828

  • THERESA L PINA

    VP-OPERATIONS

    Total calculated
    $344,327
    From this org
    $309,310
    From related orgs
    $0
    Other
    $35,017
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $281,735
    Bonus
    $26,386
    Other
    $1,189
    Deferred
    $26,373
    Nontaxable benefits
    $8,644
    Filer's total
    $344,327

  • MARC D LEWIS

    VP-OPERATIONS

    Total calculated
    $350,638
    From this org
    $303,596
    From related orgs
    $0
    Other
    $47,042
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $275,366
    Bonus
    $26,386
    Other
    $1,844
    Deferred
    $26,373
    Nontaxable benefits
    $20,669
    Filer's total
    $350,638

  • CHERI J JENNINGS

    DIR. TECH SERVICES

    Total calculated
    $183,750
    From this org
    $165,385
    From related orgs
    $0
    Other
    $18,365
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $145,740
    Bonus
    $13,378
    Other
    $6,267
    Deferred
    $13,674
    Nontaxable benefits
    $4,691
    Filer's total
    $183,750

  • MICHELE D WALKER

    DIR. DC ADMIN

    Total calculated
    $165,250
    From this org
    $158,547
    From related orgs
    $0
    Other
    $6,703
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $144,870
    Bonus
    $12,602
    Other
    $1,075
    Deferred
    $485
    Nontaxable benefits
    $6,218
    Filer's total
    $165,250

  • JAMIE R NOBLES

    DIR. FACILITIES ADMIN

    Total calculated
    $172,668
    From this org
    $153,502
    From related orgs
    $0
    Other
    $19,166
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $140,468
    Bonus
    $12,576
    Other
    $458
    Deferred
    $12,921
    Nontaxable benefits
    $6,245
    Filer's total
    $172,668

  • RHONDA PERGUSON

    DIR. HOSPITAL SERVICES

    Total calculated
    $172,085
    From this org
    $153,336
    From related orgs
    $0
    Other
    $18,749
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $139,494
    Bonus
    $12,011
    Other
    $1,831
    Deferred
    $12,531
    Nontaxable benefits
    $6,218
    Filer's total
    $172,085

  • BARTON R BLOCK

    ASSOCIATE VP MIS

    Total calculated
    $236,148
    From this org
    $217,974
    From related orgs
    $0
    Other
    $18,174
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $198,885
    Bonus
    $17,553
    Other
    $1,536
    Deferred
    $18,174
    Nontaxable benefits
    $0
    Filer's total
    $236,148

  • RICK J JI

    SENIOR LAB SPECIALIST

    Total calculated
    $232,033
    From this org
    $202,523
    From related orgs
    $0
    Other
    $29,510
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $197,275
    Bonus
    $4,475
    Other
    $773
    Deferred
    $23,347
    Nontaxable benefits
    $6,163
    Filer's total
    $232,033

  • CONNIE FOLAND

    DIR. HR/RISK MGMT/E&T

    Total calculated
    $223,916
    From this org
    $198,701
    From related orgs
    $0
    Other
    $25,215
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $175,576
    Bonus
    $15,665
    Other
    $7,460
    Deferred
    $18,970
    Nontaxable benefits
    $6,245
    Filer's total
    $223,916

  • JULIE BARBARY

    DIR. BUSINESS OPS

    Total calculated
    $189,007
    From this org
    $178,902
    From related orgs
    $0
    Other
    $10,105
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $163,419
    Bonus
    $14,266
    Other
    $1,217
    Deferred
    $10,105
    Nontaxable benefits
    $0
    Filer's total
    $189,007

  • MICHAEL S BELL

    DIR. BUILDING & FLEET

    Total calculated
    $190,989
    From this org
    $170,795
    From related orgs
    $0
    Other
    $20,194
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $153,950
    Bonus
    $13,562
    Other
    $3,283
    Deferred
    $13,976
    Nontaxable benefits
    $6,218
    Filer's total
    $190,989

  • SUSAN N ROSSMANN MD PHD

    MEDICAL DIRECTOR - FORMER CMO

    Total calculated
    $409,416
    From this org
    $362,509
    From related orgs
    $0
    Other
    $46,907
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $270,367
    Bonus
    $38,921
    Other
    $53,221
    Deferred
    $36,743
    Nontaxable benefits
    $10,164
    Filer's total
    $409,416

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

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 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 1A
GROSS UP PAYMENTS ARE PROVIDED ON VEHICLE ALLOWANCE FOR THE CEO.
PART I, LINE 3
ALL EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD. COMPENSATION AMOUNTS ARE DETERMINED BASED ON INDEPENDENT SURVEYS AND COMPARABLE DATA TO ORGANIZATIONS OUR SIZE FOR NON-PROFITS, OTHER BLOOD CENTERS, AND GENERAL INDUSTRY. THIS PROCESS WAS LAST UNDERTAKEN IN DECEMBER 2022. ALL OTHER MANAGEMENT POSITIONS' (DIRECTORS) COMPENSATION ARE BASED ON COMPENSATION REVIEWS PERFORMED BY OUR HUMAN RESOURCES DEPARTMENT. THE HR DEPARTMENT OBTAINS INDEPENDENT SURVEYS FOR THESE POSITIONS AND OTHER COMPARABLE DATA TO DETERMINE THEIR RECOMMENDATION OF THE COMPENSATION. ALL SALARY RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE EXECUTIVES. THIS PROCESS WAS LAST UNDERTAKEN IN DECEMBER 2022.
PART I, LINE 4B
THE CEO PARTICIPATES IN AN EXECUTIVE DEFERRED COMPENSATION (457F) NONVESTED PLAN. NONQUALIFIED CONTRIBUTIONS TO THE PLAN FOR BRIAN G. GANNON FOR 2023 WAS $21,944.
PART I, LINE 6
ALL EMPLOYEES PARTICIPATE IN A BONUS PLAN THAT IS DEPENDENT ON ACHIEVING COMPANY-WIDE GOALS. ONE GOAL IS TIED TO NET REVENUES OVER EXPENSES. PAYOUT PERCENTAGES FOR EXECUTIVES ARE SET BY THE COMPENSATION COMMITTEE AND ARE APPROVED BY THE COMPENSATION COMMITTEE AND BOARD PRIOR TO PAYMENT FOR ALL EXECUTIVES.

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

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 corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
3 February 2025
IRS schema version
2023v6.0
Source object
202510349349300941

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