Overview
What is We Are Blood?
We Are Blood is a nonprofit organization based in Austin, Texas, specifically at 4300 North Lamar Boulevard. Their primary focus is ensuring a safe and sufficient supply of donated blood for hospitals in Central Texas. They carry out this mission by recruitment of volunteer blood donors, collection, testing, processing, storage, and distribution of blood and blood components. The organization is committed to upholding the quality and excellence of the community's donated blood gifts. With a team of 272 employees, We Are Blood aims to provide essential human blood and allograft tissue services to meet the transfusion demands of area hospitals.
Official website here: www.weareblood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
We Are Blood has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization's score is based entirely on their accountability and finance metrics, indicating a high level of transparency in their operations. With a 96% accountability score, We Are Blood demonstrates effective governance and responsible stewardship of donations.
Key strengths of We Are Blood include a fully independent board, with all 13 members meeting the criteria for independence. The organization has a robust oversight structure, highlighted by a strong audit and oversight committee. Their financial health is also notable, with a program expense ratio of 87.84%, showing that a significant portion of their resources is directed towards their programs and services.
Despite the strong ratings, it is always beneficial for nonprofits to continue seeking improvement and maintain stakeholder engagement. This proactive approach will further enhance their reputation and effectiveness in fulfilling their mission. Overall, We Are Blood stands out as a reliable and well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is We Are Blood legitimate?
We Are Blood is a legitimate nonprofit organization registered as a 501(c)(3) entity. We Are Blood 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: $1,620,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,465,177
For more financial information, click here
Official website here: www.weareblood.org
What is the mission statement of We Are Blood?
We Are Blood is dedicated to supplying hospitals with human blood and tissue services, ensuring a safe and sufficient inventory for transfusion needs. The organization places great importance on maintaining the highest standards of quality and excellence in their operations. To achieve this, they recruit volunteer blood donors, manage the collection, testing, processing, storage, and distribution of blood and its components. Their ultimate goal is to safeguard the community's donated blood and tissue gifts, providing essential resources for Central Texas hospitals.
Official website here: www.weareblood.org
Who is the CEO of We Are Blood?
Jeff Cox is the CEO of We Are Blood The CEO's salary of We Are Blood is $247,866 and their total compensation is $277,325.
Official website here: www.weareblood.org
What is the revenue of We Are Blood?
We Are Blood's revenue in 2023 was $64,133,512.
Official website here: www.weareblood.org
Who are the executives of We Are Blood and what are their salaries?
The average compensation at We Are Blood during 2023 was $47,911. There are 294 employees and 452 volunteers at We Are Blood.
Here are 24 key members and their salaries (We Are Blood's CEO's salary is $247,866 and their total compensation is $277,325):
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- Compensation: $261,301
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- Other: $30,146
- Compensation: $247,866
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- Compensation: $324,022
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- Compensation: $260,191
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- Compensation: $181,352
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- Compensation: $141,070
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- Compensation: $136,932
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- Compensation: $133,743
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- Other: $21,772
- Compensation: $159,647
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- Other: $28,547
Official website here: www.weareblood.org
Where can I find the form 990 for We Are Blood?
We Are Blood's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.weareblood.org
Learn more at the official website: www.weareblood.org
Mission Statement of We Are Blood
We Are Blood, a renowned nonprofit organization, is dedicated to providing human blood and allograft tissue services to hospitals in a reliable and uncompromising manner. By soliciting volunteer blood donors and managing the collection, testing, processing, storage, and distribution of blood and blood components, this esteemed center ensures a safe and adequate supply for the transfusion needs of Central Texas hospitals. We Are Blood places great emphasis on safeguarding the community's gifts of donated blood and tissue, continually striving for excellence in service.
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Impact
October, 2024
We Are Blood plays a crucial role in ensuring the health and well-being of the Central Texas community by securing a safe and adequate supply of donated blood. By actively soliciting volunteer blood donors, the organization facilitates the essential collection, testing, processing, storage, and distribution of blood and blood components to local hospitals. This not only addresses the immediate transfusion needs of patients but also helps to foster a culture of compassion and community support.
Through its unwavering commitment to quality and excellence, We Are Blood safeguards the community's gifts of donated blood and tissue, providing a vital service that enhances the lives of countless individuals facing medical challenges. Their impact is felt directly in hospitals across Central Texas, where every donation may mean the difference between life and death for patients in need. Additionally, by engaging citizens in the donation process, We Are Blood strengthens community ties and raises awareness about the importance of blood donation as a life-saving act.
This information is meant to be a general summary of We Are Blood. 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: $447,602
- Program Service Revenue: $61,736,599
- Gross Receipts: $65,663,335
Assets and Liabilities:
- Total Assets: $58,920,421
- Total Liabilities: $28,915,091
- Net Assets: $30,005,330
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TISSUE SERVICE REVENUE
Revenue
$33,052,378
BLOOD SERVICE REVENUES
Revenue
$28,684,221
Organization Details
Founding Year
1951
Principal Officer
Marshall Cothran
Website
www.weareblood.orgNTEE Category
Code: E61Z - Health
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