Overview
What is Versiti Michigan Inc?
Versiti Michigan Inc, based in Grand Rapids, Michigan, is a leading blood health innovator that enhances lives through advanced discovery, diagnostics, and treatment. With a team of over 650 employees, they collect, process, and distribute blood and blood components to ensure a safe and reliable supply for hospitals and other blood centers. In 2022, they successfully collected 161,643 blood units and performed 2,347 therapeutic procedures. Beyond blood services, Versiti Medical Services collaborates with local hospitals to provide medical and therapeutic services, and they offer clinical diagnostic testing to hospitals, physician offices, and reference laboratories, completing 12,555 tests in 2022.
Official website here: www.versiti.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Versiti Michigan Inc has received a 96% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This score is derived entirely from the Accountability & Finance beacon, which demonstrates the organization’s effective governance and financial management. The charity boasts a fully independent board and has received perfect scores in several areas, including material diversion of assets and financial oversight, which are crucial for donor confidence.
User feedback from GreatNonprofits highlights positive personal experiences with Versiti. One donor shared a heartfelt account of their first blood donation experience, emphasizing the organization’s role in supporting community health through blood collection. This reflects Versiti's impact on individual lives and its reputation for fostering trust among its volunteers and donors.
While the organization excels in financial management and user satisfaction, the data does not mention any specific challenges or limitations. Overall, Versiti Michigan Inc stands out as a reputable nonprofit, committed to transparency and effective service delivery in the healthcare sector.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Versiti Michigan Inc legitimate?
Versiti Michigan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Versiti Michigan 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: $1,218,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,746,394
For more financial information, click here
Official website here: www.versiti.org
What is the mission statement of Versiti Michigan Inc?
Versiti Michigan Inc, as a blood health innovator, enhances lives through discovery, diagnosis, and treatment. By integrating science, medicine, and service, Versiti pushes the boundaries of patient health. In 2022, this organization collected, processed, and distributed over 161,000 blood units to ensure a safe and reliable supply for hospitals and other blood centers. Beyond blood donations, Versiti Medical Services collaborates with local hospitals to provide medical and therapeutic procedures for their patients. Last year, they performed approximately 2,300 such procedures. Moreover, Versiti offers clinical diagnostic testing services to hospitals, physician offices, and reference laboratories. Over 12,500 tests were carried out in 2022.
Official website here: www.versiti.org
Who is the CEO of Versiti Michigan Inc?
Chris Miskel is the President & Ceo of Versiti Michigan Inc. The CEO's salary of Versiti Michigan Inc is $270,149 and their total compensation is $1,401,640.
Official website here: www.versiti.org
What is the revenue of Versiti Michigan Inc?
Versiti Michigan Inc's revenue in 2022 was $65,203,787.
Official website here: www.versiti.org
Who are the executives of Versiti Michigan Inc and what are their salaries?
The average compensation at Versiti Michigan Inc during 2022 was $33,638. There are 653 employees and 209 volunteers at Versiti Michigan Inc.
Here are 33 key members and their salaries (Versiti Michigan Inc's CEO's salary is $270,149 and their total compensation is $1,401,640):
- Compensation: $270,149
- Related: $1,080,597
- Other: $50,894
- Compensation: $141,562
- Related: $566,248
- Other: $51,630
- Compensation: $130,823
- Related: $523,290
- Other: $60,544
- Compensation: $119,340
- Related: $477,363
- Other: $52,363
- Compensation: $117,673
- Related: $470,696
- Other: $58,277
- Compensation: $0
- Related: $589,520
- Other: $37,160
- Compensation: $96,082
- Related: $384,327
- Other: $58,097
- Compensation: $93,931
- Related: $375,723
- Other: $50,698
- Compensation: $85,718
- Related: $342,868
- Other: $58,761
- Compensation: $399,846
- Related: $0
- Other: $28,627
- Compensation: $65,487
- Related: $261,947
- Other: $49,780
- Compensation: $63,771
- Related: $255,081
- Other: $30,199
- Compensation: $182,699
- Related: $0
- Other: $32,816
- Compensation: $0
- Related: $195,264
- Other: $4,469
- Compensation: $120,170
- Related: $0
- Other: $43,407
- Compensation: $155,128
- Related: $0
- Other: $3,852
- Compensation: $133,384
- Related: $0
- Other: $21,652
- Compensation: $0
- Related: $138,846
- Other: $13,788
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.versiti.org
Where can I find the form 990 for Versiti Michigan Inc?
Versiti Michigan 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 Michigan Inc
Versiti Michigan, a pioneering blood health innovator, enhances lives through the integration of science, medicine, and service. With a commitment to discovery, diagnosis, and treatment, Versiti Michigan expands the frontiers of patient health.
This prominent organization is dedicated to recruiting volunteer blood donors, collecting, processing, and distributing blood and blood components. Ensuring a safe and reliable supply, Versiti Michigan provides hospitals and other blood centers with essential resources. In the year 2022, an impressive 161,643 blood units were successfully collected.
Versiti Michigan's reach extends beyond blood donations. Through its Medical Services division, the organization partners with local hospitals to deliver medical and therapeutic services. In 2022, a remarkable 2,347 therapeutic procedures were carried out.
Moreover, Versiti Michigan offers Clinical Diagnostic Testing Services to hospitals, physician offices, and reference laboratories. In the previous year, 12,555 tests were skillfully conducted, contributing significantly to accurate diagnoses and effective treatments. Versiti Michigan's unwavering dedication to improving patient health makes it a vital partner in the healthcare ecosystem.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Versiti Michigan Inc significantly impacts community health and healthcare systems through its comprehensive blood health initiatives. The organization excels in recruiting volunteer blood donors, ensuring a safe and reliable supply of blood for hospitals and other medical facilities. In 2022 alone, it collected 161,643 blood units, illustrating its crucial role in meeting the critical need for blood transfusions.
Beyond blood donation, Versiti Michigan integrates medical and therapeutic services, partnering with local hospitals to provide essential support. In 2022, it performed 2,347 therapeutic procedures, contributing to patient care and recovery. Additionally, its clinical diagnostic testing services further enhance healthcare by conducting 12,555 tests for hospitals and physician offices, helping to diagnose and treat various conditions effectively.
Through these initiatives, Versiti Michigan not only enhances individual health outcomes but also strengthens the overall healthcare infrastructure in the region, making a profound difference in the lives of patients and their families.
This information is meant to be a general summary of Versiti Michigan 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: $1,022,800
- Program Service Revenue: $63,618,408
- Gross Receipts: $76,731,545
Assets and Liabilities:
- Total Assets: $40,583,920
- Total Liabilities: $5,582,670
- Net Assets: $35,001,250
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD SERVICES
Revenue
$55,169,565
MEDICAL SERVICES
Revenue
$6,632,772
DIAGNOSTIC LABORATORIES
Revenue
$1,816,071
Organization Details
Founding Year
1955
Phone
(616) 774-2300Principal Officer
Chris Miskel
Main Address
1036 FULLER AVE NE, GRAND RAPIDS, MI, 49503
Website
www.versiti.orgNTEE Category
Code: E61Z - Health
If you are a representative of Versiti Michigan Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.