Overview
What is Versiti Illinois Inc?
Versiti Illinois Inc, located at 1200 N Highland Avenue, Aurora, Illinois, is a renowned nonprofit organization. Their primary mission revolves around recruiting volunteer blood donors, collecting, processing, and distributing blood and blood components to ensure a safe and dependable supply for hospitals and other blood centers. In 2022, Versiti Illinois collected an impressive 138,907 blood units. Beyond their blood donation services, Versiti Illinois also offers clinical diagnostic testing to hospitals, physician offices, and reference laboratories, executing 24,254 tests in 2022. This integration of science, medicine, and service allows Versiti Illinois to enhance lives through discovery, diagnosis, and treatment. With a dedicated workforce of 571 employees, Versiti Illinois strives to expand the frontiers of patient health.
Official website here: www.versiti.org
What are the reviews and ratings of this charity?
96% - Four-Star out of Four Star rating from Charity Navigator.
Versiti Illinois Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a high level of transparency and fiscal responsibility, which is crucial for building trust with donors and stakeholders. The rating is based entirely on the Accountability & Finance beacon, showcasing the nonprofit's dedication to maintaining robust financial practices.
One of the notable strengths of Versiti Illinois Inc is its governance structure, featuring a majority of independent board members and a well-sized board that supports effective oversight. The organization also excels in financial statements, having an active audit and oversight committee, and is free from material diversion of assets. This level of governance ensures that funds are used effectively to further its mission.
While the organization has shown remarkable financial health, with an impressive program expense ratio of over 86%, it is essential for donors to keep in mind that maintaining high accountability standards requires continuous monitoring of performance. Overall, Versiti Illinois Inc stands out as a responsible and effective nonprofit committed to ethical practices and program excellence.
This AI summary has been generated from information found on Charity Navigator.
Is Versiti Illinois Inc legitimate?
Versiti Illinois Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Versiti Illinois 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: $1,097,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,567,177
For more financial information, click here
Official website here: www.versiti.org
What is the mission statement of Versiti Illinois Inc?
Versiti Illinois, a pioneering organization in the field of blood health, enhances lives through discovery, diagnosis, and treatment. By integrating science, medicine, and service, Versiti expands the boundaries of patient health. Volunteer blood donors are recruited, and the collected blood and blood components are processed and distributed safely and reliably to hospitals and other blood centers. In 2022, over 138,907 blood units were collected. Furthermore, Versiti offers clinical diagnostic testing services to hospitals, physician offices, and reference laboratories, conducting 24,254 tests during the same year.
Official website here: www.versiti.org
Who is the CEO of Versiti Illinois Inc?
Chris Miskel is the President & Ceo of Versiti Illinois Inc. The CEO's salary of Versiti Illinois Inc is $243,135 and their total compensation is $1,401,640.
Official website here: www.versiti.org
What is the revenue of Versiti Illinois Inc?
Versiti Illinois Inc's revenue in 2022 was $62,881,816.
Official website here: www.versiti.org
Who are the executives of Versiti Illinois Inc and what are their salaries?
The average compensation at Versiti Illinois Inc during 2022 was $32,687. There are 571 employees and 75 volunteers at Versiti Illinois Inc.
Here are 33 key members and their salaries (Versiti Illinois Inc's CEO's salary is $243,135 and their total compensation is $1,401,640):
- Compensation: $243,135
- Related: $1,107,611
- Other: $50,894
- Compensation: $127,406
- Related: $580,404
- Other: $51,630
- Compensation: $117,741
- Related: $536,372
- Other: $60,544
- Compensation: $107,407
- Related: $489,296
- Other: $52,363
- Compensation: $105,907
- Related: $482,462
- Other: $58,277
- Compensation: $0
- Related: $589,520
- Other: $37,160
- Compensation: $86,473
- Related: $393,936
- Other: $58,097
- Compensation: $84,538
- Related: $385,116
- Other: $50,698
- Compensation: $77,145
- Related: $351,441
- Other: $58,761
- Compensation: $58,938
- Related: $268,496
- Other: $49,780
- Compensation: $57,393
- Related: $261,459
- Other: $30,199
- Compensation: $239,103
- Related: $0
- Other: $30,173
- Compensation: $190,989
- Related: $0
- Other: $22,160
- Compensation: $130,482
- Related: $90,674
- Other: $47,599
- Compensation: $0
- Related: $195,264
- Other: $4,469
- Compensation: $131,053
- Related: $0
- Other: $43,476
- Compensation: $146,660
- Related: $0
- Other: $8,611
- Compensation: $0
- Related: $138,846
- Other: $13,788
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Official website here: www.versiti.org
Where can I find the form 990 for Versiti Illinois Inc?
Versiti Illinois 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 Illinois Inc
Versiti Illinois, a pioneering blood health innovator, enhances lives through groundbreaking discoveries, accurate diagnoses, and effective treatments. By seamlessly merging science, medicine, and service, Versiti pushes the boundaries of patient care.
The organization's primary focus is on collecting, processing, and distributing a safe and dependable blood supply for hospitals and other blood centers. During the previous year, over 138,900 units of blood were meticulously gathered, ensuring that a steady stream of life-saving resources is always available. Versiti's mission extends beyond blood collection, as it also offers clinical diagnostic testing services to hospitals, physician offices, and other reference laboratories. In 2022, these tests totaled 24,254, providing valuable insights to help medical professionals make informed decisions for their patients.
Versiti Illinois' tireless dedication to innovation and patient care empowers it to save lives and improve health outcomes. The organization's unwavering commitment to recruit volunteer blood donors and maintain a reliable blood supply is a testament to its unyielding mission. With every blood unit collected and diagnostic test performed, Versiti continues to expand the frontiers of patient health, enhancing lives and creating a better future for all.
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Impact
October, 2024
Versiti Illinois Inc plays a crucial role in enhancing health outcomes in the community through its innovative approach to blood health. The organization actively recruits volunteer blood donors and manages the entire process of blood collection, processing, and distribution. In 2022, it successfully collected 138,907 blood units, ensuring a safe and reliable supply for hospitals and blood centers in the region.
In addition to blood donation services, Versiti provides vital clinical diagnostic testing to hospitals, physician offices, and other laboratories. The organization performed 24,254 tests in 2022, contributing significantly to the accuracy of diagnoses and the overall quality of patient care. By integrating science, medicine, and service, Versiti Illinois advances patient health and supports the medical community in delivering essential healthcare services. Their work not only meets immediate medical needs but also fosters public trust and encourages community participation in the life-saving act of blood donation.
This information is meant to be a general summary of Versiti Illinois 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: $2,736,198
- Program Service Revenue: $60,144,207
- Gross Receipts: $91,685,369
Assets and Liabilities:
- Total Assets: $66,698,055
- Total Liabilities: $5,018,157
- Net Assets: $61,679,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD SERVICES
Revenue
$57,285,241
DIAGNOSTIC LABORATORIES
Revenue
$2,858,966
Organization Details
Founding Year
1943
Phone
(630) 892-7055Principal Officer
Chris Miskel
Main Address
1200 N HIGHLAND AVENUE, AURORA, IL, 60506
Website
www.versiti.orgNTEE Category
Code: E61Z - Health
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