Overview
What is Hcsc - Blood Center?
The Hcsc-Blood Center is a non-profit, 501(c)(3) organization that plays a vital role in the healthcare industry, primarily serving hospitals in Berks, Bucks, Carbon, Dauphin, Lehigh, Luzerne, Northampton, and Schuylkill, Hunterdon, and Warren counties in Pennsylvania and New Jersey. Their mission is to provide blood products to these medical facilities and ensure a consistent supply for the treatment and care of their patients.
Official website here: www.giveapint.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
HCSC - Blood Center has earned an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization has a high score of 92 in the Accountability & Finance category, underpinned by a solid independent board composition with 86% of its members being independent. Critical governance aspects are well-managed, as evidenced by excellent audit committee scores and a favorable liabilities to assets ratio of 23.31%.
The nonprofit showcases a commendable program expense ratio of 81.63%, indicating that a significant portion of its resources is directed toward its programs. This efficiency suggests a commitment to maximizing the impact of its donations on blood collection and related services. The organization has established various policies such as conflict of interest and document retention, contributing to its transparency and operational integrity.
However, a notable limitation is the absence of a whistleblower policy, which may raise concerns regarding internal reporting mechanisms and accountability. While overall governance and financial management appear robust, addressing this gap could further strengthen stakeholder trust and organizational resilience.
This AI summary has been generated from information found on Charity Navigator.
Is Hcsc - Blood Center legitimate?
Hcsc - Blood Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hcsc - Blood Center 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: $329,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,596,486
For more financial information, click here
Official website here: www.giveapint.org
What is the mission statement of Hcsc - Blood Center?
The Hcsc-Blood Center is a not-for-profit, 501(c)(3) community organization with a mission to serve the healthcare industry, primarily hospitals, by providing essential blood products. It is an independent entity catering to the blood needs of 21 hospitals in various counties, including Berks, Bucks, Carbon, Dauphin, Lehigh, Luzerne, Northampton, Schuylkill, Hunterdon, and Warren in Pennsylvania and New Jersey. The organization's primary objective is to ensure a steady and reliable supply of blood products to these hospitals. By doing so, it plays a crucial role in supporting the healthcare system and ultimately contributing to improved patient care.
Official website here: www.giveapint.org
Who is the CEO of Hcsc - Blood Center?
Peter J Castagna Jr is the President & Ceo of Hcsc - Blood Center. The CEO's salary of Hcsc - Blood Center is $0 and their total compensation is $859,849.
Official website here: www.giveapint.org
What is the revenue of Hcsc - Blood Center?
Hcsc - Blood Center's revenue in 2023 was $29,348,700.
Official website here: www.giveapint.org
Who are the executives of Hcsc - Blood Center and what are their salaries?
The average compensation at Hcsc - Blood Center during 2023 was $54,091. There are 202 employees and 125 volunteers at Hcsc - Blood Center.
Here are 20 key members and their salaries (Hcsc - Blood Center's CEO's salary is $0 and their total compensation is $859,849):
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- Related: $805,176
- Other: $54,673
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- Related: $400,217
- Other: $55,607
- Compensation: $333,468
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- Other: $13,475
- Compensation: $0
- Related: $469,339
- Other: $41,125
- Compensation: $49,913
- Related: $0
- Other: $23,977
- Compensation: $0
- Related: $269,326
- Other: $22,270
Official website here: www.giveapint.org
Where can I find the form 990 for Hcsc - Blood Center?
Hcsc - Blood Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.giveapint.org
Learn more at the official website: www.giveapint.org
Mission Statement of Hcsc - Blood Center
Hcsc- Blood Center, a 501(c)(3) community organization, serves a vital role in the healthcare industry by providing blood products primarily to hospitals. Based in various counties including Berks, Bucks, Carbon, Dauphin, Lehigh, Luzerne, Northampton, and Schuylkill, Hunterdon and Warren New Jersey, this independent, not-for-profit organization is the sole blood provider to 21 hospitals in the region.
The mission of Hcsc- Blood Center is to ensure an adequate and reliable supply of blood and its components for the hospitals they serve. They prioritize the wellbeing of the patients and healthcare providers in the community by providing essential blood products when needed. Hcsc- Blood Center's commitment to this cause is unwavering, as they cover a wide geographic area and support the hospitals in their mission to save lives. The organization's dedication to the healthcare industry is paramount to the continuity of effective patient care and treatment in the region.
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Impact
October, 2024
Hcsc - Blood Center plays a crucial role in the healthcare ecosystem by ensuring a reliable supply of blood products to 21 hospitals across multiple counties in Pennsylvania and New Jersey. By serving as the sole blood provider in these regions, it directly supports critical medical procedures, emergency care, and life-saving treatments. The Blood Center's operations enable hospitals to meet patient needs effectively, contributing to improved health outcomes within the community.
Through its dedicated services, Hcsc - Blood Center enhances the capacity of healthcare facilities to manage transfusions, surgeries, and trauma care, thereby improving overall patient care. The organization fosters community engagement by orchestrating blood donation drives, educating the public about the importance of blood donation, and cultivating a culture of giving within the areas it serves. This commitment not only addresses immediate healthcare needs but also builds long-term resilience in the healthcare system.
This information is meant to be a general summary of Hcsc - Blood Center. 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 2023.
- Investment Income: $195,252
- Program Service Revenue: $28,157,147
- Gross Receipts: $29,359,491
Assets and Liabilities:
- Total Assets: $21,936,131
- Total Liabilities: $5,115,213
- Net Assets: $16,820,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD PROCESSING
Revenue
$28,157,147
Organization Details
Founding Year
1969
Phone
(610) 791-2222Principal Officer
Peter J Castagna Jr
Main Address
2171 28TH STREET SW, ALLENTOWN, PA, 18103
Website
www.giveapint.orgNTEE Category
Code: E61 - Health
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