Innovative Blood Resources in Saint Paul, Minnesota (MN)

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Innovative Blood Resources
Employer Identification Number (EIN)410693869
Name of OrganizationInnovative Blood Resources
Address737 Pelham Blvd, Saint Paul, MN 55114-1739
ActivitiesScientific research (diseases), Contact or sponsored scientific research for industry, Health clinic
SubsectionScientific Organization
Ruling Date12/1949
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$10,000,000 to $49,999,999
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$43,183,688
Amount of Income$66,238,805
Form 990 Revenue Amount$62,952,903
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Blood Supply Related


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Amount of income in 2014: $66,238,805
Innovative Blood Resources: 

 $66,238,805
Other organizations performing similar types of work: 

 $53,168,021

Assets in 2014: $43,183,688
Innovative Blood Resources: 

 $43,183,688
Other organizations performing similar types of work: 

 $40,846,230

Expenses in 2014: $53,592,026
Innovative Blood Resources: 

 $53,592,026
Other organizations performing similar types of work: 

 $53,098,022

Income to expenses ratio in 2014: 1.2
Innovative Blood Resources: 

 1.2
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 81.0%
Innovative Blood Resources: 

 81.0%
Other organizations performing similar types of work: 

 84.3%

Number of employees in 2014: 541
This organization: 

 541
Other organizations performing similar types of work: 

 445

Employees paid over $100,000 in 2014: 3.9%
Innovative Blood Resources: 

 3.9%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 14.9%
Innovative Blood Resources: 

 14.9%
Other organizations performing similar types of work: 

 0.4%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?YesYes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 10964134
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return527541
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$2,191,119$1,915,262
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$251,999$167,117
Total number of individuals who received more than $100,000 of reportable compensation from the organization1212
Total number of independent contractors who received more than $100,000 of compensation from the organization119
Statement of Revenue
201220132014
Total revenue$52,509,032$50,989,998$62,952,903
Contributions, Gifts, Grants and Other Similar Amounts$512,135$432,545$9,394,038
Program Service Revenue$51,567,060$50,182,656$53,006,759
621500$35,246,362$40,002,025
621500$9,627,227$9,576,869
621500$3,270,655$2,915,625
621500$1,764,056$418,727
621500$182,280$73,973
All other program service revenue$92,076$19,540
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$21,959$28,567$21,610
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$-6,364$3,881$70,309
Gross amount from sales of assets other than inventory (Securities / Other)$3,545,376 / $7,322$3,146,616 / $4,500$3,246,317 / $0
Less: cost or other basis and sales expenses (Securities / Other)$3,551,740 / $7,322$3,129,947 / $17,288$3,173,053 / $2,955
Gain or (loss) (Securities / Other)$-6,364 / $0$16,669 / $-12,788$73,264 / $-2,955
Net income/loss from fundraising events$-72,503$-74,668$-72,011
Gross income from fundraising events$81,525$52,869$37,883
Less: direct expenses$154,028$127,537$109,894
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$486,745$417,017$532,198
900099$417,017$532,198
All other revenue$0$0
Statement of Functional Expenses
201220132014
Total functional expenses$50,468,759$50,143,074$53,592,026
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$1,622,497$1,813,664$1,369,843
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$15,973,319$15,648,992$18,106,563
Pension plan accruals and contributions$329,720$405,520
Other employee benefits$2,907,144$3,757,399
Payroll taxes$1,098,120$1,148,384$1,302,177
Fees for services (non-employees)
Management$41,760$41,964
Legal$69,751$114,892
Accounting$52,182$60,466
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$681,624$798,308
Advertising and promotion$282,960$203,906
Office expenses$2,072,479$2,113,671
Information technology$598,804$576,698
Royalties$0$0
Occupancy$1,473,822$1,815,111
Travel$737,826$763,197
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$92,495$152,506
Interest$211,767$217,022
Payments to affiliates$0$0
Depreciation, depletion, and amortization$2,091,561$2,654,457
Insurance$254,144$258,114
Other expenses$11,847,146$9,890,405
Other expenses$5,909,501$6,870,103
Other expenses$915,026$867,788
Other expenses$663,570$795,773
Other expenses$0$456,143
Balance Sheet
201220132014
Total assets$31,274,684$31,173,738$43,183,688
Cash - non-interest-bearing$3,656,816$7,704,161
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$0$0
Accounts receivable, net$7,195,975$7,084,592
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$1,293,600$1,365,033
Prepaid expenses and deferred charges$303,612$410,278
Land, buildings, and equipment: cost or other basis$11,488,064$17,962,235
Investments - publicly traded securities$6,935,671$7,463,922
Investments - other securities$300,000$1,085,431
Investments - program-related$0$0
Intangible assets$0$107,952
Other assets$0$84
Total liabilities$9,252,333$8,536,052$8,558,165
Accounts payable and accrued expenses$4,871,764$5,434,028
Grants payable$0$0
Deferred revenue$88,715$13,800
Tax-exempt bond liabilities$3,156,082$2,784,399$2,435,841
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$802,268$559,214$526,183
Unsecured notes and loans payable to unrelated third parties$243,793$175,327$103,362
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$56,633$44,951
Total net assets or fund balances$22,022,351$22,637,686$34,625,523
Unrestricted net assets$22,574,134$34,510,729
Temporarily restricted net assets$63,552$114,794
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$132,563,668
Subtotal$262,573,450
Gifts, grants, contributions, and membership fees received$11,266,433
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$251,307,017
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$130,009,782
Amounts received from disqualified persons$50,469
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$129,959,313
Total support$265,493,304
Public support$262,573,450
Subtotal$87,952
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$87,952
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$2,831,902
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$17,505,483$19,359,196$22,599,764$29,643,614$29,743,383$31,567,767$32,278,133$35,508,873
Contributions, gifts, grants, and similar amounts received$35,000$353,461$42,424$425,546$165,829$246,555$363,186$400,532
Contributions to donor advised funds$0$0
Direct public support$35,000$353,461$42,424$425,546$165,829$246,555$363,186$400,532
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$18,897,165$21,103,832$25,578,382$35,968,876$37,093,811$38,052,577$36,769,689$41,934,899
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$97,640$31,743$18,279$37,013$71,531$333,993$557,213$68,999
Dividends and interest from securities$0$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$247,188$-82,076$-793,461$951,295$82,464
Gross amount from sales of assets other than inventory$0$0$0$543,817$0$8,950$28,895,261$8,575,969
Less: cost or other basis and sales expenses$0$0$0$296,629$82,076$802,411$27,943,966$8,493,505
Net income or (loss) from special events and activities$0$43,997$51,514$51,704$9,702$51,716$-35,611$-32,688
Gross revenue$0$43,997$51,514$51,704$88,301$106,246$0$6,000
Less: direct expenses other than fundraising expenses$0$0$0$0$78,599$54,530$35,611$38,688
Gross profit or (loss) from sales of inventory$-1,879,470$-2,311,299$-3,288,373$-7,371,528$-7,523,998$-6,449,915$-6,372,942$-7,091,663
Gross sales of inventory, less returns and allowances$998,511$1,324,112$1,589,234$1,767,948$1,821,007$1,917,654$2,319,059$2,793,533
Less: cost of goods sold$2,877,981$3,635,411$4,877,607$9,139,476$9,345,005$8,367,569$8,692,001$9,885,196
Other revenue$355,148$137,462$197,538$284,815$8,584$126,302$45,303$146,330
Total expenses$16,237,953$19,318,482$20,949,421$24,833,054$26,912,034$28,683,432$31,938,834$34,528,149
Program services$12,836,205$14,435,996$15,707,273$18,644,576$20,130,611$22,184,291$25,737,093$27,954,959
Management and general$3,335,826$4,767,467$5,189,868$5,869,276$6,465,272$6,152,329$5,923,626$6,096,393
Fundraising$65,922$115,019$52,280$319,202$316,151$346,812$278,115$476,797
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$7,917,808$7,958,522$8,433,765$14,419,425$14,531,696$14,707,634$17,117,909$17,777,028
Excess or (deficit) for the year$1,267,530$40,714$1,650,343$4,810,560$2,831,349$2,884,335$339,299$980,724
Net assets or fund balances at beginning of year$6,650,278$7,917,808$7,958,522$8,433,765$14,419,425$14,531,696$14,707,634$17,117,909
Other changes in net assets or fund balances$0$0$-1,175,100$1,175,100$-2,719,078$-2,708,397$2,070,976$-321,605
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$34,528,149$27,954,959$6,096,393$476,797
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$1,282,215$415,086$862,662$4,467
Compensation of former officers, directors, key employees, etc.$67,316$30,292$37,024$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$13,253,183$11,609,179$1,440,545$203,459
Pension plan contributions not included above$402,122$324,895$71,710$5,517
Employee benefits not included above$3,388,120$2,537,314$807,217$43,589
Payroll taxes$954,049$761,338$177,827$14,884
Professional fundraising fees$0$0$0$0
Accounting fees$42,125$0$42,125$0
Legal fees$40,899$0$40,899$0
Supplies$3,326,333$3,122,148$185,934$18,251
Telephone$221,787$153,010$63,286$5,491
Postage and shipping$1,125,233$1,090,149$12,085$22,999
Occupancy$1,235,636$742,582$489,489$3,565
Equipment rental and maintenance$1,470,874$1,163,864$302,422$4,588
Printing and publications$107,939$19,145$48,721$40,073
Travel$477,860$383,431$87,126$7,303
Conferences, conventions, and meetings$21,474$9,824$11,650$0
Interest$345,776$0$345,776$0
Depreciation, depletion, etc.$1,857,568$1,675,290$166,318$15,960
Other expenses not covered above$4,907,640$3,917,412$903,577$86,651
Balance Sheets
20002001200220032004200520062007
Total assets$11,172,391$11,065,527$11,907,245$20,971,961$24,183,909$34,031,987$31,875,508$29,166,007
Cash - non-interest-bearing$1,928,310$1,416,603$1,343,402$2,739,511$1,388,932$2,554,636$1,722,084$3,005,559
Savings and temporary cash investments$1,145,138$952,694$953,882$1,290,039$2,978,511$1,243,971$0$0
Accounts receivable less allowance for doubtful accounts$2,740,787$3,072,059$5,027,450$5,984,200$6,292,124$6,495,505$5,864,398$6,645,126
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$557,709$587,147$390,086$828,494$674,941$778,468$1,333,719$1,724,513
Prepaid expenses and deferred charges$925,900$1,126,139$345,699$633,199$428,737$500,825$407,289$416,655
Investments - publicly-traded securities$2,789,350$1,300,137
Investments - other securities$0$0$0$451,600$2,153,367$5,519,875$246,185$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$275,000$275,000$458,957$592,120
Land, buildings, and equipment less accumulated depreciation$3,874,547$3,910,885$3,846,726$7,387,142$7,839,878$13,462,201$15,280,040$15,481,897
Other assets, including program-related investments$0$0$0$1,657,776$2,152,419$3,201,506$3,773,486$0
Total liabilities$3,254,583$3,107,005$3,473,480$6,552,536$9,652,213$19,324,353$14,757,599$11,388,979
Accounts payable and accrued expenses$1,541,430$1,321,437$2,175,801$2,347,411$5,644,652$10,045,815$7,872,492$5,117,255
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$39,818$280,595$250,040$241,125$197,364$157,440$91,050$78,974
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$1,576,667$1,249,676$897,460$3,785,310$3,556,604$9,008,752$6,483,284$6,067,869
Other liabilities$96,668$255,297$150,179$178,690$253,593$112,346$310,773$124,881
Total liabilities and net assets/fund balances$11,172,391$11,065,527$11,907,245$20,971,961$24,183,909$34,031,987$31,875,508$29,166,007
Total net assets or fund balances$7,917,808$7,958,522$8,433,765$14,419,425$14,531,696$14,707,634$17,117,909$17,777,028
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$17,505,483$19,359,196$22,599,764$29,643,614$29,743,383$31,567,767$32,278,133$35,508,873
Total revenue, gains, and other support per audited financial statements$20,383,464$22,994,607$27,477,371$38,783,090$39,166,987$39,989,866$39,540,414$45,148,832
Other expenses$2,877,981$3,635,411$4,877,607$9,139,476$9,423,604$8,422,099$8,822,062$9,923,747
Net unrealized gains on investments$0$0$0$0$0$0$94,450$-137
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$2,877,981$3,635,411$4,877,607$9,139,476$9,423,604$8,422,099$8,727,612$9,923,884
Other revenue$0$0$0$0$0$0$1,559,781$283,788
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$1,559,781$283,788
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$16,237,953$19,318,482$20,949,421$24,833,054$26,912,034$28,683,432$31,938,834$34,528,149
Total expenses and losses per audited financial statements$19,115,934$22,953,893$25,827,028$33,972,530$36,335,638$37,105,531$40,243,732$36,580,239
Other revenue$2,877,981$3,635,411$4,877,607$9,139,476$9,423,604$8,422,099$8,727,612$9,923,884
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$2,877,981$3,635,411$4,877,607$9,139,476$9,423,604$8,422,099$8,727,612$9,923,884
Other expenses$0$0$0$0$0$0$422,714$7,871,794
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$422,714$7,871,794
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$303,875$88,400$0
40$176,344$47,025$0
40$113,557$29,008$0
40$280,168$68,964$0
40$140,098$34,776$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings17
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
Loans and AdvancesCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
$0$56,407$10,909$0
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006368
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$265,105$34,843,236
Program service revenue
Program service revenue 1000000$000$0$32,625,060
Program service revenue 2000000$000$0$8,651,878
Program service revenue 3000000$000$0$490,510
Program service revenue 4000000$000$0$99,282
Program service revenue 5000000$000$0$68,169
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$68,999$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$82,464$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$-32,688$0
Gross profit or (loss) from sales of inventory000000$000$0$-7,091,663
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$146,330$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$191,565$24,191$0
$117,265$5,398$0
$100,326$20,365$0
$94,612$14,703$0
$98,703$4,987$0
Total number of other employees paid over $50,00058
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
19992000200120022003200420052006
Total$16,479,046$19,029,805$20,995,219$26,438,552$37,570,237$38,897,378$38,516,122$37,735,391
Gifts, grants, and contributions received$163,063$35,000$353,461$42,424$425,546$165,829$246,555$363,186
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$16,277,321$18,897,165$20,472,553$26,180,311$36,822,863$38,651,434$37,809,272$36,769,689
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$38,662$97,640$31,743$18,279$37,013$71,531$333,993$557,213
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$137,462$197,538$284,815$8,584$126,302$45,303
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Blood Systems Inc6210 E Oak St, Scottsdale, AZ 85257-1101AZ1975-06$535,286,487
2Oneblood Inc8669 Commodity Circle, Orlando, FL 32819-9054FL1994-01$480,604,968
3New York Blood Center Inc310 E 67th St, New York, NY 10065-6275NY1961-02$407,263,669
4Bloodworks921 Tmy Avenue, Seattle, WA 98104WA1980-01$172,030,477
5Bloodcenter Of Wisconsin Inc638 N 18th St, Milwaukee, WI 53233-2121WI1994-07$162,999,136
6Carter Bloodcare2205 Highway 121, Bedford, TX 76021-5950TX1964-12$152,331,882
7Gulf Coast Regional Blood Center1400 La Concha Ln, Houston, TX 77054-1802TX1975-04$115,776,522
8Bloodsource Inc10536 Peter Amccuen Blvd, Sacramento, CA 95655CA1951-10$95,151,719
9Community Blood Centers Of South Florida Inc1700 N State Road 7, Lauderhill, FL 33313-5006FL1977-10$88,299,650
10Innovative Blood Resources737 Pelham Blvd, Saint Paul, MN 55114-1739MN1949-12$66,238,805
11Central Indiana Regional Blood Center3450 N Meridian St, Indianapolis, IN 46208-4437IN1954-03$63,517,887
12South Texas Blood & Tissue Center6211 Ih 10 W, San Antonio, TX 78201-2023TX1975-06$62,327,816
13Blood Bank Of San Bernardino And Riverside Counties IncPO BOX 1429, Sn Bernrdno, CA 92402-1429CA1952-04$61,464,587
14Institute For Transfusion Medicine, Central Blood Bank875 Greentree Road, Pittsburgh, PA 15220-3508PA2010-03$53,168,021
15Rhode Island Blood Center405 Promenade St, Providence, RI 02908-4811RI1969-05$44,201,847
16Blood Bank Of Delmarva Inc100 Hygeia Dr, Newark, DE 19713-2047DE1980-08$41,195,243
17Blood Connection Incorporated1099 Bracken Rd, Piedmont, SC 29673-9644SC1978-02$36,021,879
18The Blood Center2609 Canal St, New Orleans, LA 70119-6409LA1973-11$31,264,003
19Central California Blood Bank4343 W Herndon Ave, Fresno, CA 93722-3794CA1958-09$25,469,578
20Blood Bank Of Hawaii2043 Dillingham Blvd, Honolulu, HI 96819-4024HI1949-03$22,804,432
Number of organizations performing similar types of work
Arizona1
California3
District of Columbia1
Delaware1
Florida4
Hawaii1
Iowa1
Illinois1
Indiana1
Louisiana1
Maryland1
Minnesota1
New York1
Pennsylvania1
Rhode Island1
South Carolina1
Tennessee1
Texas3
Washington1
Wisconsin1
Total27

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