Overview
What is Lifesouth Community Blood Centers Inc?
Lifesouth Community Blood Centers Inc is a Florida, Georgia, and Alabama-based nonprofit organization with a mission to save lives by collecting and processing blood and blood components from volunteer donors. With over 1,500 employees, Lifesouth ensures a safe and adequate blood supply for more than 135 hospitals in the three states. In addition to blood collection and processing, Lifesouth offers compatibility testing, immunology reference laboratory services, and provides special antigen blood products and specialized testing. In 2022, they added and cryopreserved 330 new cord blood units for transplantation worldwide. Lifesouth's training programs focus on medical technology, blood banking technology, and transfusion medicine. Their primary goal is to meet and exceed the needs of each community they serve by maintaining a safe and diverse blood supply.
Official website here: www.lifesouth.org
What are the reviews and ratings of this charity?
100% rating - Four-Star out of Four Star rating from Charity Navigator.
Lifesouth Community Blood Centers Inc has achieved an impressive Four-Star rating, reflecting its strong commitment to accountability and financial management. The organization scored a full 100% in this category, indicating that it maintains robust practices in governance, transparency, and fiscal responsibility. The majority of its board members are independent, ensuring that decisions are made with integrity and without conflicts of interest.
The nonprofit demonstrates excellent financial health, with a high program expense ratio of 91.59%, meaning that a significant portion of its funds directly supports its mission. Additionally, the organization has no reported issues concerning the diversion of assets, which further emphasizes its reliability and ethical management of resources. Lifesouth Community Blood Centers Inc also maintains comprehensive policies for conflict of interest and whistleblower protection, contributing to a culture of accountability.
While the financial indicators and management structures appear strong, the summary does not disclose any specific challenges or areas for improvement within the organization. Overall, Lifesouth Community Blood Centers Inc stands out as a highly accountable and financially responsible nonprofit, effectively channeling its resources towards its mission of blood donation and community health.
This AI summary has been generated from information found on Charity Navigator.
Is Lifesouth Community Blood Centers Inc legitimate?
Lifesouth Community Blood Centers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifesouth Community Blood Centers 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: $931,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,235,559
For more financial information, click here
Official website here: www.lifesouth.org
What is the mission statement of Lifesouth Community Blood Centers Inc?
Lifesouth Community Blood Centers Inc is dedicated to collecting volunteer blood donations and ensuring a safe and sufficient blood supply for hospitals within the communities they serve. Their mission extends beyond just providing blood components; they also offer various services to support ongoing and emerging blood and transfusion-related activities. With approximately 295,000 donations in FY 2022, each unit is rigorously tested to maintain an adequate and safe blood supply. They provide compatibility testing, immunology reference laboratory services, and supply special antigen blood products and specialized testing for hospitals. In 2022, Lifesouth safely added and cryopreserved 330 new cord blood units for transplantation worldwide. Additionally, they operate a medical technology training program and a specialist program in blood banking technology and transfusion medicine.
Official website here: www.lifesouth.org
Who is the CEO of Lifesouth Community Blood Centers Inc?
Kimberly E Kinsell is the Ceo-Retired of Lifesouth Community Blood Centers Inc. The CEO's salary of Lifesouth Community Blood Centers Inc is $695,011 and their total compensation is $723,577.
Official website here: www.lifesouth.org
What is the revenue of Lifesouth Community Blood Centers Inc?
Lifesouth Community Blood Centers Inc's revenue in 2022 was $120,702,410.
Official website here: www.lifesouth.org
Who are the executives of Lifesouth Community Blood Centers Inc and what are their salaries?
The average compensation at Lifesouth Community Blood Centers Inc during 2022 was $26,202. There are 1533 employees and 200 volunteers at Lifesouth Community Blood Centers Inc.
Here are 35 key members and their salaries (Lifesouth Community Blood Centers Inc's CEO's salary is $695,011 and their total compensation is $723,577):
- Compensation: $695,011
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- Other: $28,566
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- Compensation: $178,771
- Related: $0
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Official website here: www.lifesouth.org
Where can I find the form 990 for Lifesouth Community Blood Centers Inc?
Lifesouth Community Blood Centers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifesouth.org
Learn more at the official website: www.lifesouth.org
Mission Statement of Lifesouth Community Blood Centers Inc
Lifesouth Community Blood Centers Inc is a life-saving organization dedicated to collecting volunteer blood donations and ensuring a safe and sufficient blood supply for hospitals in the communities they serve. By collecting and processing blood and blood components in Florida, Georgia, and Alabama, Lifesouth not only meets but exceeds the demand for blood in these areas.
This non-profit goes beyond simply providing blood, offering a range of services in support of ongoing and emerging blood and transfusion-related activities. With approximately 295,000 donations in FY 2022, each unit collected undergoes rigorous testing to ensure a safe and adequate supply for more than 135 hospitals.
In addition to blood collection and testing, Lifesouth offers compatibility testing, immunohematology reference laboratory services, and supplies special antigen blood products and specialized testing. In the past year, Lifesouth tested over 9,581 patient samples and performed over 53,650 tests, administered over 1,200 therapeutic procedures, and safely added and cryopreserved 330 new cord blood units for transplantation worldwide. Moreover, Lifesouth operates a medical technology training program and a specialist program in blood banking technology and transfusion medicine. This commitment to innovation and expertise strengthens the organization's ability to save lives through the collection and distribution of essential blood components.
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Impact
October, 2024
Lifesouth Community Blood Centers Inc plays a vital role in saving lives by ensuring an adequate and safe supply of blood components to hospitals across Florida, Georgia, and Alabama. In the fiscal year 2022, Lifesouth collected approximately 295,000 volunteer blood donations, which are meticulously tested to guarantee safety before being distributed to over 135 hospitals in the region.
Beyond blood collection, Lifesouth provides essential compatibility testing and immunohematology reference laboratory services, which are crucial for effective patient treatments. They conducted more than 53,650 tests and supported over 3,800 cross matches and 2,300 antibody screens, contributing significantly to patient care.
In addition, Lifesouth administers over 1,200 therapeutic procedures for patients each year, enhancing treatment options for various medical conditions. Their umbilical cord bank has also made strides, cryopreserving 330 new cord blood units in 2022, making them available for transplantation worldwide.
Lifesouth’s impact extends to education as well, operating training programs in medical technology and blood banking technology, which cultivate the next generation of professionals in this essential field. Their commitment to providing a safe blood supply and a spectrum of related medical services underscores their integral role in supporting community health and responding to the ongoing and emerging needs in blood and transfusion-related activities.
This information is meant to be a general summary of Lifesouth Community Blood Centers 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: $218,008
- Program Service Revenue: $119,675,253
- Gross Receipts: $122,149,832
Assets and Liabilities:
- Total Assets: $90,664,002
- Total Liabilities: $29,445,620
- Net Assets: $61,218,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROCESSING FEES-BLOOD & COMPO
Revenue
$119,675,253
Organization Details
Founding Year
1974
Phone
(352) 224-1600Principal Officer
Kimberly E Kinsell
Main Address
4039 NEWBERRY ROAD, GAINESVILLE, FL, 326072342
Website
www.lifesouth.orgNTEE Category
Code: E61Z - Health
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