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Versiti Indiana Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 350991629 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Versiti Indiana Inc?

Versiti Indiana Inc, based in Indianapolis, Indiana, is a leading nonprofit organization dedicated to saving lives through the collection, processing, and distribution of blood and blood components. With a workforce of 681 employees, Versiti Indiana plays a vital role in providing a reliable blood supply for hospitals and other blood centers. In addition to blood services, the organization offers clinical diagnostic testing and medical therapeutic services in partnership with local hospitals. During the year 2022, they collected an impressive 132,922 blood units and performed 33,726 tests. Versiti Indiana's mission extends beyond Indiana, ensuring the life-saving resource is available where it's needed.


Official website here: www.versiti.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Versiti Indiana Inc demonstrates a strong commitment to accountability and financial management, achieving a high score of 96% in this area. The organization maintains an independent board, with 93% of its members being independent, ensuring that oversight is effective and transparent. Their robust financial practices include a solid audit and oversight committee, and they have successfully avoided any material diversion of assets, indicating responsible stewardship of donor funds.

However, user feedback from Great Nonprofits highlights some concerns. A long-time donor reported feeling poorly treated after a specific incident, which suggests that while the organization excels in financial accountability, there may be shortcomings in customer service or donor relations. This discrepancy points to a need for Versiti Indiana Inc to address donor experiences more effectively to foster long-term relationships.

Overall, while the organization showcases impressive financial health and operational integrity, addressing donor feedback is crucial for improving overall satisfaction and maintaining its strong reputation in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Versiti Indiana Inc legitimate?

Versiti Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Versiti Indiana 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: $1,609,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,113,310

For more financial information, click here


Official website here: www.versiti.org

What is the mission statement of Versiti Indiana Inc?

Versiti Indiana, a pioneering organization in blood health, enhances lives through discovery, diagnosis, and treatment. The team at Versiti links volunteer donors with patients in need by recruiting, collecting, processing, testing, labeling, and distributing blood daily. They are a community blood program, supplying life-saving resources first in Indiana and then where it's required. In 2022, over 132,922 blood units were collected. Versiti offers clinical diagnostic testing services to hospitals, physician offices, and reference laboratories, performing a total of 33,726 tests in 2022. Additionally, Versiti Medical Services partners with local hospitals to provide medical and therapeutic services. During the same year, 80 therapeutic procedures were carried out.


Official website here: www.versiti.org

Who is the CEO of Versiti Indiana Inc?

Chris Miskel is the President & Ceo of Versiti Indiana Inc. The CEO's salary of Versiti Indiana Inc is $270,149 and their total compensation is $1,401,640.


Official website here: www.versiti.org

What is the revenue of Versiti Indiana Inc?

Versiti Indiana Inc's revenue in 2022 was $82,888,897.


Official website here: www.versiti.org

Who are the executives of Versiti Indiana Inc and what are their salaries?

The average compensation at Versiti Indiana Inc during 2022 was $34,835. There are 681 employees and 79 volunteers at Versiti Indiana Inc.


Here are 35 key members and their salaries (Versiti Indiana Inc's CEO's salary is $270,149 and their total compensation is $1,401,640):


Chris Miskel (President & Ceo)
  • Compensation: $270,149
  • Related: $1,080,597
  • Other: $50,894
Thomas Hauske Jr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Geilfuss (Vice Chair; Legal Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Husa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Perras (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coreen Dicus-Johnson Jd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ginsburg Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Hanson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Kent (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Manegold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey S Mcdonald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Thornton-Bias (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Wesley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Alan Whaley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ziegler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bautista (Evp & Chief Operating Officer)
  • Compensation: $141,562
  • Related: $566,248
  • Other: $51,630
Bart Reuter (Evp & General Counsel)
  • Compensation: $130,823
  • Related: $523,290
  • Other: $60,544
Anthony Watkins (Evp & Chief Financial Officer)
  • Compensation: $117,673
  • Related: $470,696
  • Other: $58,277
Gitesh Dubal (Evp & Chief Marketing Officer)
  • Compensation: $119,340
  • Related: $477,363
  • Other: $52,363
James Weidner (Evp & Chief Hr Officer)
  • Compensation: $93,931
  • Related: $375,723
  • Other: $50,698
Lynne Briggs (Vp & Chief Information Officer)
  • Compensation: $85,718
  • Related: $342,868
  • Other: $58,761
Bradley Pietz (Evp & Chief Laboratory Officer)
  • Compensation: $96,082
  • Related: $384,327
  • Other: $58,097
Dan Waxman Md (Vp Transfusion Medicine)
  • Compensation: $84,571
  • Related: $338,287
  • Other: $38,466
Lora Poore (Vp Laboratory Services)
  • Compensation: $258,718
  • Related: $0
  • Other: $39,173
Alexandra Pieper (Vp & Chief Quality Officer)
  • Compensation: $65,487
  • Related: $261,947
  • Other: $49,780
Joshua J Field Md (Sr Med Dir(Int Ch Med Off)-Thru 4/22)
  • Compensation: $0
  • Related: $138,846
  • Other: $13,788
Micheal Deininger Md (Evp & Chief Scientific Officer)
  • Compensation: $0
  • Related: $589,520
  • Other: $37,160
Barbara Bryant (Evp & Chief Med Off - As Of 11/2022)
  • Compensation: $0
  • Related: $195,264
  • Other: $4,469
Julie Cruz Md (Senior Medical Director)
  • Compensation: $355,485
  • Related: $0
  • Other: $27,379
Penny Schroeder (Avp & Sr Dr Donor Testing Labs)
  • Compensation: $191,342
  • Related: $0
  • Other: $9,644
Beth Hughes (Senior Consultant Of Quality)
  • Compensation: $112,282
  • Related: $0
  • Other: $9,073
Heidi E Seitz (Reg Manager Donor Recruitment)
  • Compensation: $116,163
  • Related: $0
  • Other: $43,943
Harry R O'Dell (Database Analyst)
  • Compensation: $118,523
  • Related: $0
  • Other: $28,996
Margaret Mcelligott (Former Vp & Chief Quality Officer)
  • Compensation: $63,771
  • Related: $255,081
  • Other: $30,199


Official website here: www.versiti.org

Where can I find the form 990 for Versiti Indiana Inc?

Versiti Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.versiti.org

Learn more at the official website: www.versiti.org

Mission Statement of Versiti Indiana Inc

Versiti Indiana, a pioneering organization in the field of blood health, enhances lives through the fusion of science, medicine, and service. Their mission is twofold: first, they steward Indiana's blood supply by linking volunteer donors with patients in need. Versiti recruits, collects, processes, tests, labels, and distributes blood and blood components daily, ensuring a safe and reliable supply for hospitals and other blood centers. In 2022, they collected an impressive 132,922 blood units.

Secondly, Versiti Indiana offers clinical diagnostic testing services to hospitals, physician offices, and reference laboratories. In the same year, they performed a significant number of tests totaling 33,726. Furthermore, Versiti Medical Services collaborates with local hospitals to provide medical and therapeutic services. During 2022, they conducted 80 therapeutic procedures. Versiti Indiana's unwavering commitment to community is evident in their mission to save lives by managing the blood supply and providing essential diagnostic and therapeutic services.

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Impact




October, 2024

Versiti Indiana Inc significantly impacts the healthcare landscape by ensuring a safe and reliable supply of blood for hospitals across the state. By actively recruiting volunteer blood donors, the organization collects, processes, and distributes blood and blood components, fulfilling a critical need for patients in emergency situations and those undergoing medical treatments.

In 2022, Versiti Indiana collected over 132,000 units of blood, illustrating its pivotal role in maintaining the health and well-being of the community. In addition to blood donation services, Versiti also provides clinical diagnostic testing, conducting more than 33,000 tests for hospitals and laboratories to facilitate accurate diagnoses. Their medical services, including therapeutic procedures performed in collaboration with local hospitals, further enhance patient care, with 80 successful treatments conducted in the same year.

By linking volunteer donors to patients in need, Versiti Indiana not only supports immediate medical requirements but also plays an essential role in advancing blood health through innovation and dedicated service. Their commitment ensures that hospitals are equipped with the necessary blood resources, ultimately saving lives and improving health outcomes in Indiana and beyond.




This information is meant to be a general summary of Versiti Indiana 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.

Revenue
$82,888,897 (2022)
Expenses
$86,577,919 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,913,739
  • Program Service Revenue: $80,959,735
  • Gross Receipts: $98,528,168

Assets and Liabilities:

  • Total Assets: $44,844,226
  • Total Liabilities: $8,556,131
  • Net Assets: $36,288,095

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BLOOD SERVICES

Revenue

$52,521,021

DONOR TESTING LABORATORY

Revenue

$24,006,237

DIAGNOSTIC LABORATORIES

Revenue

$4,057,014

MEDICAL SERVICES

Revenue

$375,463

Organization Details

Founding Year

1952

Principal Officer

Chris Miskel

Main Address

3450 NORTH MERIDIAN STREET, INDIANAPOLIS, IN, 46208

NTEE Category

Code: E610 - Health

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