Overview
What is American Association Of Tissue Banks Inc?
The American Association of Tissue Banks Inc, situated in McLean, Virginia, is a renowned nonprofit organization. Its primary mission is to promote the safety and ethical use of donated human tissue through rigorous standards and education. They offer in-person and online tissue banking education, supporting professional development, and even provide CTBS certification for both members and non-members. With a dedicated workforce of 14 individuals, the American Association of Tissue Banks Inc serves as a critical resource in ensuring the integrity and utility of donated tissue, contributing significantly to the medical and healthcare sectors.
Official website here: www.aatb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The American Association Of Tissue Banks Inc has received a high rating of 96% from Charity Navigator, which reflects its strong performance in accountability and finance. The organization is scored based on a single beacon that indicates a robust commitment to financial management and transparency. This exceptional rating underlines the trustworthiness of the nonprofit in handling resources effectively.
One of the key strengths of the organization is its fully independent board, consisting of 16 members, which enhances governance and oversight. Additionally, the organization demonstrates comprehensive policies in place, including conflict of interest and whistleblower policies, ensuring ethical conduct and accountability. Its program expense ratio of 82.21% suggests that a significant portion of its funds is directed towards its mission-driven programs.
While the organization shows no material diversion of assets and has a favorable liabilities to assets ratio, continuous monitoring of these factors is essential for maintaining stakeholder confidence. Overall, the American Association Of Tissue Banks Inc stands out as a well-managed nonprofit with a solid foundation for continued success.
This AI summary has been generated from information found on Charity Navigator.
Is American Association Of Tissue Banks Inc legitimate?
American Association Of Tissue Banks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Tissue Banks 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: $996,861
Professional Fundraising Fees: $0
Other Salaries and Wages: $995,305
For more financial information, click here
Official website here: www.aatb.org
What is the mission statement of American Association Of Tissue Banks Inc?
The American Association of Tissue Banks Inc serves as the leading standard-setting body, advocating for the safety and appropriate use of donated human tissue. Their primary mission is to promote this through educational programs, both in-person and online, catering to the professional development of its members and non-members, including CTBS certification. The association plays a crucial role in upholding safety standards within the field of tissue banking.
Official website here: www.aatb.org
Who is the CEO of American Association Of Tissue Banks Inc?
Marc Pearce is the Chair of American Association Of Tissue Banks Inc. The CEO's salary of American Association Of Tissue Banks Inc is $440,710 and their total compensation is $479,042.
Official website here: www.aatb.org
What is the revenue of American Association Of Tissue Banks Inc?
American Association Of Tissue Banks Inc's revenue in 2022 was $5,480,581.
Official website here: www.aatb.org
Who are the executives of American Association Of Tissue Banks Inc and what are their salaries?
The average compensation at American Association Of Tissue Banks Inc during 2022 was $142,298. There are 14 employees and 173 volunteers at American Association Of Tissue Banks Inc.
Here are 29 key members and their salaries (American Association Of Tissue Banks Inc's CEO's salary is $440,710 and their total compensation is $479,042):
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- Compensation: $104,966
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- Other: $35,260
Official website here: www.aatb.org
Where can I find the form 990 for American Association Of Tissue Banks Inc?
American Association Of Tissue Banks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aatb.org
Learn more at the official website: www.aatb.org
Mission Statement of American Association Of Tissue Banks Inc
The American Association of Tissue Banks Inc serves as the leading standard-setting body, promoting the safety and appropriate utilization of donated human tissue. Its mission is to ensure the highest standards in tissue banking, thereby safeguarding the health and well-being of those who receive the donated tissue. To achieve this, the organization offers both in-person and online education programs, catering to both its members and non-members. These educational opportunities contribute to the professional development of individuals in the field, including the CTBS certification, further advancing the quality and safety of donated tissue. By setting and upholding these standards, the American Association of Tissue Banks Inc plays a crucial role in fostering trust and confidence in the tissue banking industry, ultimately benefiting the recipients of donated human tissue.
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Impact
July, 2024
The American Association of Tissue Banks Inc's impact lies in promoting the safety and use of donated human tissue. Through their education and membership initiatives, they provide in-person and online tissue banking education to support individual professional development in this critical field. By offering CTBS certification and educational resources, they enhance the expertise of tissue bank professionals, contributing to the quality and safety of donated human tissue. Their mission is vital in ensuring that donated tissues are utilized effectively and ethically, ultimately benefiting patients in need of tissue transplants.
This information is meant to be a general summary of American Association Of Tissue Banks 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: $72,072
- Program Service Revenue: $4,637,030
- Gross Receipts: $6,143,054
Assets and Liabilities:
- Total Assets: $7,132,410
- Total Liabilities: $2,471,384
- Net Assets: $4,661,026
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACCREDITATION FEES
Revenue
$3,042,977
MEETINGS & CONFERENCES
Revenue
$780,364
TISSUE POLICY GROUP
Revenue
$385,569
CERTIFICATION FEES
Revenue
$297,020
DUES
Revenue
$127,300
Organization Details
Founding Year
1976
Phone
(703) 827-9582Principal Officer
Marc Pearce
Main Address
8200 GREENSBORO DRIVE 404, MCLEAN, VA, 22102
Website
www.aatb.orgNTEE Category
Code: E65 - Health
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