Overview
What is The Blood Center?
The Blood Center is a non-profit organization dedicated to offering transfusion services to its client hospitals. Their primary functions include conducting blood cross matches and antibody identifications. By providing these essential services, they contribute significantly to the healthcare community. The Blood Center's mission reflects its commitment to the wellbeing of patients in need of transfusions.
Official website here: www.thebloodcenter.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Blood Center has achieved an impressive 96% score, reflecting strong performance in accountability and finance. This top-tier rating highlights the organization’s commitment to transparency and rigorous financial oversight, ensuring that donations are effectively utilized to support their mission. The organization boasts a fully independent board, with 94% of its members being independent, which further enhances its governance structure.
Strengths noted in the evaluation include a high program expense ratio of 80.48%, indicating that a significant majority of its expenditures are directed toward program services rather than administrative costs. Additionally, the absence of material diversion of assets and a robust audit and oversight committee underscores the organization’s dedication to ethical practices and financial integrity. Comprehensive policies on conflict of interest, whistleblowing, and document retention are also well-established.
While the rating is exceptionally positive, the data does not indicate any specific limitations or areas of concern. Overall, The Blood Center demonstrates exemplary performance in financial accountability and governance, making it a trustworthy choice for donors looking to support a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Blood Center legitimate?
The Blood Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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: $682,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thebloodcenter.org
What is the mission statement of The Blood Center?
The Blood Center is a non-profit organization dedicated to serving the transfusion needs of healthcare facilities. Their primary mission is to provide essential blood cross matching and antibody identification services to their client hospitals. By offering these crucial transfusion services, The Blood Center plays a vital role in ensuring the well-being of patients requiring blood transfusions. The organization's commitment to community service is evident through its continuous provision of these indispensable medical services. The Blood Center's team of experts meticulously processes and identifies compatible blood types for transfusions, ensuring the highest standard of care for their clients' patients. With a focus on quality and reliability, The Blood Center has established a strong reputation in the healthcare community for its essential contributions to patient care.
Official website here: www.thebloodcenter.org
Who is the CEO of The Blood Center?
William Billy Weales is the Director of The Blood Center. The CEO's salary of The Blood Center is $452,850 and their total compensation is $475,132.
Official website here: www.thebloodcenter.org
What is the revenue of The Blood Center?
The Blood Center's revenue in 2022 was $25,375,359.
Official website here: www.thebloodcenter.org
Who are the executives of The Blood Center and what are their salaries?
The average compensation at The Blood Center during 2022 was $2,566. There are 266 employees and 31324 volunteers at The Blood Center.
Here are 20 key members and their salaries (The Blood Center's CEO's salary is $452,850 and their total compensation is $475,132):
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- Compensation: $452,850
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Official website here: www.thebloodcenter.org
Where can I find the form 990 for The Blood Center?
The Blood Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebloodcenter.org
Learn more at the official website: www.thebloodcenter.org
Mission Statement of The Blood Center
The Blood Center, a renowned non-profit organization, is committed to delivering essential transfusion services to its client hospitals. Its primary focus lies in conducting blood cross matches and identifying antibodies, ensuring a precise and compatible blood transfusion process for those in need.
As a community service provider, The Blood Center plays a crucial role in the healthcare landscape. By offering transfusion services, it contributes significantly to saving lives and improving patient outcomes. The organization's expertise and dedication ensure that hospitals receive accurate and timely blood transfusion services, contributing to the overall well-being of the communities they serve.
The Blood Center's mission extends beyond merely providing transfusion services. By maintaining a robust and reliable network, the organization ensures the continuity of care for its clients and their patients. This commitment to quality and reliability is a testament to The Blood Center's unwavering dedication to its mission and the communities it serves.
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Impact
October, 2024
The Blood Center plays a vital role in the healthcare system by delivering essential transfusion services, including blood cross-matching and antibody identification, to hospitals in the New Orleans area. This support ensures that patients receive the precise blood products they need during critical medical procedures, thereby enhancing patient safety and outcomes. By maintaining a reliable supply of blood and facilitating accurate testing, The Blood Center directly contributes to the community’s overall health and well-being, helping to save lives and support those in need during medical emergencies and routine surgeries.
This information is meant to be a general summary of The 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 2022.
- Investment Income: $346,215
- Program Service Revenue: $25,026,743
- Gross Receipts: $25,375,359
Assets and Liabilities:
- Total Assets: $40,306,027
- Total Liabilities: $2,500,177
- Net Assets: $37,805,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD AND COMPONENTS
Revenue
$18,145,007
REFERENCE LAB
Revenue
$4,595,237
OUTSIDE TESTING
Revenue
$1,971,554
THERAPEUTIC APHERESIS
Revenue
$314,945
Organization Details
Founding Year
1960
Phone
(504) 524-1322Principal Officer
William Billy Weales
Main Address
2609 CANAL STREET, NEW ORLEANS, LA, 70119
Website
www.thebloodcenter.orgNTEE Category
Code: E610 - Health
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