Overview
What is Lifeshare Blood Center?
Lifeshare Blood Center, located at 8910 Linwood Avenue in Shreveport, Louisiana (71106), is a nonprofit organization dedicated to collecting, processing, and distributing voluntarily donated blood components for patient use. They provide essential apheresis, laboratory, and scientific support services related to the provision of blood components. The mission of Lifeshare Blood Center is to bridge the gap between blood donors and the lives they impact through public education and awareness programs aimed at recruiting volunteers. With a workforce of 604 employees, this organization plays a vital role in ensuring a consistent blood supply for patients in need.
Official website here: www.lifeshare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Lifeshare Blood Center has received a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization scored exceptionally well in various metrics, indicating robust financial health and a commitment to transparency. Their overall score is derived entirely from their accountability and finance score, showcasing their dedication to responsible management of resources.
Key strengths of Lifeshare include having a fully independent board and a comprehensive audit and oversight committee. They maintain a commendable program expense ratio of 78.42%, meaning that a significant portion of their expenditures directly supports their mission. Additionally, they have established policies in place for conflict of interest, whistleblowing, and document retention, which further enhances their credibility and operational integrity.
No significant limitations were noted in the data, highlighting Lifeshare's effective governance and financial practices. Their commitment to transparency and responsible management makes them a trustworthy choice for donors and supporters interested in the vital work of blood donation and community health.
This AI summary has been generated from information found on Charity Navigator.
Is Lifeshare Blood Center legitimate?
Lifeshare Blood Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifeshare Blood Center 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: $1,160,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lifeshare.org
What is the mission statement of Lifeshare Blood Center?
The Lifeshare Blood Center is dedicated to linking donors with the lives they positively impact. Their primary role involves the collection, processing, and distribution of voluntarily donated blood components for patient use. The center also provides apheresis, laboratory, and scientific support services related to the provision of blood components for patients. In addition, public education and awareness campaigns are conducted to recruit volunteer blood donors.
Official website here: www.lifeshare.org
Who is the CEO of Lifeshare Blood Center?
Chad Douglas is the CEO of Lifeshare Blood Center The CEO's salary of Lifeshare Blood Center is $641,586 and their total compensation is $686,749.
Official website here: www.lifeshare.org
What is the revenue of Lifeshare Blood Center?
Lifeshare Blood Center's revenue in 2023 was $48,008,494.
Official website here: www.lifeshare.org
Who are the executives of Lifeshare Blood Center and what are their salaries?
The average compensation at Lifeshare Blood Center during 2023 was $1,991. There are 583 employees and 101000 volunteers at Lifeshare Blood Center.
Here are 25 key members and their salaries (Lifeshare Blood Center's CEO's salary is $641,586 and their total compensation is $686,749):
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- Compensation: $641,586
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- Other: $45,163
- Compensation: $192,411
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- Other: $33,750
- Compensation: $187,362
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- Other: $22,383
- Compensation: $139,476
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- Other: $50,356
- Compensation: $153,998
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- Other: $33,592
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- Compensation: $122,737
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- Compensation: $135,000
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- Compensation: $127,242
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- Compensation: $110,810
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- Other: $28,764
- Compensation: $104,020
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- Other: $28,418
- Compensation: $107,290
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- Other: $7,248
Official website here: www.lifeshare.org
Where can I find the form 990 for Lifeshare Blood Center?
Lifeshare Blood Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lifeshare.org
Learn more at the official website: www.lifeshare.org
Mission Statement of Lifeshare Blood Center
Lifeshare Blood Center, a leading non-profit organization, is dedicated to connecting generous donors with the lives they can significantly impact. Through their mission, they collect, process, and distribute voluntarily donated blood components for the usage of patients in need. The center goes beyond just collecting blood; it performs essential apheresis, laboratory, and scientific support services related to providing blood components for patient use. Moreover, Lifeshare Blood Center conducts public education and awareness programs to recruit volunteer blood donors.
The commitment of Lifeshare Blood Center extends beyond the mere collection and distribution of blood. They take pride in ensuring that every donation is carefully screened, tested, and processed to meet the highest standards for patient safety. Their team of experts work tirelessly to ensure that the blood components reach the intended recipients as quickly and efficiently as possible. By connecting donors with the lives they can save, Lifeshare Blood Center brings hope and new opportunities to countless individuals.
At the heart of Lifeshare Blood Center's mission is the belief that every single donation can make a difference. Whether it's a pint of blood from a first-time donor or a repeat donation from a long-time supporter, every drop contributes to saving lives. The organization's dedication to public education and awareness plays a crucial role in encouraging individuals to donate, ensuring a steady supply of blood components for those in need. Through their various programs and initiatives, Lifeshare Blood Center continues to make a significant impact on the lives of patients and their families.
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Impact
October, 2024
Lifeshare Blood Center plays a vital role in the community by connecting blood donors with patients in need, significantly impacting lives through its essential services. By collecting, processing, and distributing voluntarily donated blood components, Lifeshare ensures that hospitals have the critical resources necessary to treat patients facing medical emergencies, surgeries, and chronic health conditions.
The center also conducts apheresis and provides laboratory and scientific support services, enhancing the quality and safety of the blood supply. Additionally, Lifeshare engages in public education and awareness initiatives to recruit volunteer blood donors, fostering a culture of giving that directly benefits those in need. Through these efforts, Lifeshare Blood Center not only supports individual patients but strengthens the overall health of the community in Shreveport, LA, and beyond.
This information is meant to be a general summary of Lifeshare Blood Center. 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 2023.
- Investment Income: $491,512
- Program Service Revenue: $45,442,563
- Gross Receipts: $48,283,616
Assets and Liabilities:
- Total Assets: $53,017,614
- Total Liabilities: $4,518,934
- Net Assets: $48,498,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD SERVICE FEES
Revenue
$36,197,037
LAB FEES
Revenue
$4,617,648
PLASMA FOR FRACTIONATION
Revenue
$2,650,605
SOURCE PLASMA
Revenue
$1,894,254
PATIENT SERVICES
Revenue
$83,019
Organization Details
Founding Year
1942
Principal Officer
Chad A Douglas
Website
www.lifeshare.orgNTEE Category
Code: E60 - Health
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