Overview
What is New York Blood Center Inc?
New York Blood Center Inc, a renowned nonprofit organization based in New York City, is well-known for its role in the collection, processing, and distribution of blood products. With a mission to provide top-quality blood and stem cell products and related services to hospitals and patients, the organization also conducts innovative research in hematology, blood banking, transfusion medicine, and cellular therapies. This research aims to advance these fields and positively impact public health. Additionally, New York Blood Center develops products, technologies, and services to potentially have worldwide humanitarian impact and trains future leaders in these fields. The organization employs over 2700 individuals and operates under a four-part mission as outlined in its description.
Official website here: www.nybloodcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
New York Blood Center Inc has achieved a 96% score from Charity Navigator, reflecting a high level of accountability and financial health. The organization boasts a strong independent board and demonstrates robust financial management practices. Their commitment to leadership development and adaptability is evident through strategic goals aimed at improving blood inventory levels and community engagement.
However, user reviews from the public present a stark contrast to the charity's financial accolades. Some feedback highlights concerns regarding the compensation of honorary trustees, suggesting a misallocation of funds that could otherwise support animal welfare initiatives. Criticism has also emerged regarding the organization's decision to stop funding for a colony of chimpanzees used in research, leaving their care to others and raising ethical questions about their commitment to all living beings.
While the charity is recognized for its operational success and community impact, these criticisms underscore a need for transparency and alignment of their values with their funding priorities. Prospective donors may want to consider these factors when deciding where to contribute.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is New York Blood Center Inc legitimate?
New York Blood Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Blood Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $10,554,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,656,590
For more financial information, click here
Official website here: www.nybloodcenter.org
What is the mission statement of New York Blood Center Inc?
New York Blood Center Inc is a leading and comprehensive organization dedicated to providing high-quality blood and stem cell products, along with related services, to hospitals and patients. It also conducts innovative research in the fields of hematology, blood banking, transfusion medicine, and cellular therapies, advancing these fields and improving public health. The organization develops products, technologies, and services with the potential for worldwide humanitarian impact and trains the next generation of leaders in these fields. Its mission encompasses blood services, involving the collection, processing, testing, and distribution of blood products to hospitals in the regions served by NYBC divisions.
Official website here: www.nybloodcenter.org
Who is the CEO of New York Blood Center Inc?
Dr Christopher Hillyer is the Principal Officer of New York Blood Center Inc. The CEO's salary of New York Blood Center Inc is $1,923,494 and their total compensation is $2,029,453.
Official website here: www.nybloodcenter.org
What is the revenue of New York Blood Center Inc?
New York Blood Center Inc's revenue in 2022 was $550,372,782.
Official website here: www.nybloodcenter.org
Who are the executives of New York Blood Center Inc and what are their salaries?
The average compensation at New York Blood Center Inc during 2022 was $57,905. There are 2715 employees and 750 volunteers at New York Blood Center Inc.
Here are 48 key members and their salaries (New York Blood Center Inc's CEO's salary is $1,923,494 and their total compensation is $2,029,453):
- Compensation: $1,923,494
- Related: $0
- Other: $105,959
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- Compensation: $280,617
- Related: $0
- Other: $57,282
- Compensation: $482,402
- Related: $0
- Other: $41,969
- Compensation: $413,145
- Related: $0
- Other: $64,659
- Compensation: $66,584
- Related: $0
- Other: $3,471
- Compensation: $816,855
- Related: $0
- Other: $100,349
- Compensation: $494,826
- Related: $0
- Other: $69,291
- Compensation: $652,461
- Related: $0
- Other: $80,157
- Compensation: $312,863
- Related: $0
- Other: $38,483
- Compensation: $195,019
- Related: $0
- Other: $36,293
- Compensation: $285,130
- Related: $0
- Other: $34,993
- Compensation: $333,117
- Related: $0
- Other: $36,624
- Compensation: $291,891
- Related: $0
- Other: $43,859
- Compensation: $360,695
- Related: $0
- Other: $59,228
- Compensation: $280,924
- Related: $0
- Other: $53,895
- Compensation: $386,333
- Related: $0
- Other: $67,162
- Compensation: $309,387
- Related: $0
- Other: $59,474
- Compensation: $422,813
- Related: $0
- Other: $32,090
- Compensation: $282,911
- Related: $0
- Other: $37,712
- Compensation: $380,379
- Related: $0
- Other: $8,958
- Compensation: $313,587
- Related: $0
- Other: $25,430
- Compensation: $299,631
- Related: $0
- Other: $34,521
- Compensation: $372,470
- Related: $0
- Other: $53,204
- Compensation: $336,814
- Related: $0
- Other: $14,124
- Compensation: $348,117
- Related: $0
- Other: $57,778
- Compensation: $312,870
- Related: $0
- Other: $30,962
- Compensation: $321,021
- Related: $0
- Other: $40,538
- Compensation: $366,521
- Related: $0
- Other: $47,715
- Compensation: $298,771
- Related: $0
- Other: $43,244
Official website here: www.nybloodcenter.org
Where can I find the form 990 for New York Blood Center Inc?
New York Blood Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nybloodcenter.org
Learn more at the official website: www.nybloodcenter.org
Mission Statement of New York Blood Center Inc
New York Blood Center Inc, a leading and comprehensive blood center, operates under a four-part mission. This mission is geared towards providing the highest quality blood and stem cell products and related services to hospitals and patients, conducting innovative research in the fields of hematology, blood banking, and transfusion medicine, developing new products, technologies, and services in these fields with worldwide humanitarian impact, and training the next generation of leaders in each of these areas.
The heart of New York Blood Center Inc's mission lies in its blood services. It collects, processes, tests, and distributes blood products to hospitals in the regions served by the center's divisions. The organization's commitment to quality and innovation sets it apart, ensuring that hospitals and patients receive the best possible care.
New York Blood Center Inc's research division is at the forefront of advancements in hematology, blood banking, transfusion medicine, and cellular therapies. Through groundbreaking research, the center poses a significant impact on public health by expanding our understanding of these fields and promoting new treatments and therapies. Additionally, the organization invests in the development of new products, technologies, and services that have the potential to make a difference on a global scale.
Training the next generation of leaders is an integral part of New York Blood Center Inc's mission. By nurturing future professionals, the organization ensures that the fields of hematology, blood banking, transfusion medicine, and cellular therapies continue to thrive and evolve. As a result, New York Blood Center Inc is not only committed to saving lives today but also shaping the future of healthcare.
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Impact
October, 2024
New York Blood Center Inc. plays a pivotal role in both local and global health landscapes by delivering high-quality blood and stem cell products, as well as offering vital medical and consultative services to hospitals and patients. The organization's commitment to advancing hematology, blood banking, and transfusion medicine fosters innovation through its rigorous research initiatives, which not only enhance medical practices but also significantly contribute to public health improvements.
In addition to its core services, New York Blood Center is dedicated to developing new technologies and products that have the potential for humanitarian impact worldwide, addressing critical needs in healthcare systems. Furthermore, the Center emphasizes education and training, ensuring that the next generation of leaders in these specialized fields is well-equipped to continue the advancement of blood-related sciences. This multifaceted impact underscores the New York Blood Center's essential role in promoting health, safety, and innovation in blood services.
This information is meant to be a general summary of New York Blood Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,634,031
- Program Service Revenue: $522,611,703
- Gross Receipts: $550,388,428
Assets and Liabilities:
- Total Assets: $766,718,159
- Total Liabilities: $215,065,306
- Net Assets: $551,652,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD SERVICES
Revenue
$343,783,063
MEDICAL PROGRAMS
Revenue
$178,828,640
Organization Details
Founding Year
1959
Phone
(212) 570-3000Principal Officer
Dr Christopher Hillyer
Main Address
310 EAST 67TH STREET, NEW YORK, NY, 10065
Website
www.nybloodcenter.orgNTEE Category
Code: E610 - Health
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