Overview
What is Oklahoma Blood Institute?
The Oklahoma Blood Institute (OBI) is a leading nonprofit organization based in Oklahoma City, Oklahoma. With 1,344 employees, they are the sixth largest blood center in the United States, managing approximately 250,000 life-saving donations annually. Their advanced technological infrastructure and exceptional medical expertise enable them to provide safe and sufficient blood to 244 area hospitals. OBI's unwavering commitment to safety and the relentless efforts of their medical and laboratory staff ensure that donated blood remains safe and accessible to save lives. Their mission is to act as the vital link between blood donors and patients, ensuring the security and wellbeing of their communities and healthcare partners by meeting their blood transfusion and healthcare needs.
Official website here: www.obi.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Oklahoma Blood Institute has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The high score is derived solely from its accountability and finance practices, showcasing the organization's effective governance and responsible use of resources.
One of the key strengths of the Oklahoma Blood Institute is its independent board composition, with 75% of board members being independent. This indicates a high level of oversight and potential for unbiased decision-making. Additionally, the organization maintains solid financial health, evidenced by a low liabilities-to-assets ratio and a high program expense ratio, ensuring that the majority of funds are directed toward its mission.
While the organization excels in various financial metrics and policies, ongoing transparency and adherence to high standards of accountability will continue to be crucial as it strives to maintain its positive reputation and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Blood Institute legitimate?
Oklahoma Blood Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Blood Institute 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: $4,955,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,610,117
For more financial information, click here
Official website here: www.obi.org
What is the mission statement of Oklahoma Blood Institute?
The Oklahoma Blood Institute (OBI) is dedicated to serving as the crucial link between blood donors and patients in need. Its mission is to ensure the security of communities and healthcare partners by providing safe and adequate blood for transfusions. With an annual management of over 250,000 life-saving donations, OBI maintains a sophisticated technological infrastructure and possesses rare medical expertise to meet the blood transfusion and healthcare needs of 244 hospitals. Through rigorous safety measures and the tireless efforts of its medical and laboratory staff, OBI guarantees that the donated blood is safe and available to save lives.
Official website here: www.obi.org
Who is the CEO of Oklahoma Blood Institute?
Randall Stark is the President/Ceo/Medical Director of Oklahoma Blood Institute. The CEO's salary of Oklahoma Blood Institute is $742,599 and their total compensation is $823,518.
Official website here: www.obi.org
What is the revenue of Oklahoma Blood Institute?
Oklahoma Blood Institute's revenue in 2022 was $135,084,699.
Official website here: www.obi.org
Who are the executives of Oklahoma Blood Institute and what are their salaries?
The average compensation at Oklahoma Blood Institute during 2022 was $41,343. There are 1344 employees and 4250 volunteers at Oklahoma Blood Institute.
Here are 44 key members and their salaries (Oklahoma Blood Institute's CEO's salary is $742,599 and their total compensation is $823,518):
- Compensation: $742,599
- Related: $0
- Other: $80,919
- Compensation: $15,570
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $306,974
- Related: $0
- Other: $57,819
- Compensation: $289,883
- Related: $0
- Other: $38,398
- Compensation: $268,793
- Related: $0
- Other: $24,576
- Compensation: $232,444
- Related: $0
- Other: $50,798
- Compensation: $219,952
- Related: $0
- Other: $42,493
- Compensation: $206,105
- Related: $0
- Other: $42,609
- Compensation: $210,274
- Related: $0
- Other: $35,692
- Compensation: $199,159
- Related: $0
- Other: $32,353
- Compensation: $187,097
- Related: $0
- Other: $41,265
- Compensation: $179,398
- Related: $0
- Other: $46,102
- Compensation: $274,437
- Related: $0
- Other: $39,319
- Compensation: $261,170
- Related: $0
- Other: $38,656
- Compensation: $186,689
- Related: $0
- Other: $43,103
- Compensation: $178,252
- Related: $0
- Other: $47,522
- Compensation: $170,355
- Related: $0
- Other: $43,139
- Compensation: $160,114
- Related: $0
- Other: $51,041
- Compensation: $121,419
- Related: $0
- Other: $34,065
- Compensation: $128,072
- Related: $0
- Other: $25,754
- Compensation: $140,398
- Related: $0
- Other: $11,450
- Compensation: $131,447
- Related: $0
- Other: $18,625
- Compensation: $131,666
- Related: $0
- Other: $13,846
Official website here: www.obi.org
Where can I find the form 990 for Oklahoma Blood Institute?
Oklahoma Blood Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.obi.org
Learn more at the official website: www.obi.org
Mission Statement of Oklahoma Blood Institute
The Oklahoma Blood Institute (OBI), a major blood center in the United States, is dedicated to saving lives by ensuring a steady supply of safe and adequate blood for transfusion and healthcare needs in the region. With an annual management of over 250,000 donations, OBI plays a vital role in the healthcare ecosystem, providing blood products to 244 area hospitals.
The mission of Oklahoma Blood Institute is threefold: firstly, to serve as the donor-to-patient lifelines by providing communities and medical partners with the security of meeting their blood transfusion and healthcare needs; secondly, to implement rigorous safety measures and harness superior technological infrastructure to deliver safe blood; and finally, to rely on the tireless efforts of medical and laboratory staff to ensure the availability of donated blood for those in need.
OBI's complex technological infrastructure and rare medical expertise enable it to meet the intricate demands of the healthcare sector, providing blood that adheres to the highest safety standards. This commitment to safety is essential in addressing the critical role blood plays in various medical treatments and surgeries. The organization's unwavering focus on the wellbeing of patients is underscored by its rigorous selection process for donors and meticulous testing of every blood donation. This attention to detail ensures the safety and suitability of the blood for transfusions, ultimately saving countless lives.
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Impact
October, 2024
Oklahoma Blood Institute (OBI) plays a critical role in saving lives by ensuring a steady supply of safe blood for patients in need. As the sixth largest blood center in the United States, OBI facilitates around 250,000 life-saving donations annually, serving 244 hospitals across the region. Its extensive technological infrastructure, combined with specialized medical expertise, allows for the effective management and distribution of blood products, meeting vital transfusion and healthcare needs.
OBI’s rigorous safety measures and the dedication of its medical and laboratory staff guarantee that every unit of donated blood is both safe and ready for use, significantly impacting the health outcomes of patients in emergencies and for those undergoing medical treatments. By acting as a vital link between donors and patients, Oklahoma Blood Institute ensures that communities have access to essential blood supplies, reinforcing the importance of blood donation and its role in public health.
This information is meant to be a general summary of Oklahoma Blood Institute. 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: $176,054
- Program Service Revenue: $132,137,754
- Gross Receipts: $135,481,559
Assets and Liabilities:
- Total Assets: $100,987,193
- Total Liabilities: $22,815,330
- Net Assets: $78,171,863
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$117,687,627
LABORATORY FEES
Revenue
$9,298,748
PATIENT CARE SERVICES FEES
Revenue
$4,200,002
CELL THERAPY
Revenue
$506,261
DERIVATIVES
Revenue
$445,116
Organization Details
Founding Year
1977
Phone
(405) 297-5700Principal Officer
Randall Stark
Main Address
1001 N LINCOLN BLVD, OKLAHOMA CITY, OK, 731043251
Website
www.obi.orgNTEE Category
Code: E61Z - Health
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