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Vitalant

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860098929 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Vitalant?

Vitalant is a renowned nonprofit organization based in Scottsdale, Arizona, dedicated to ensuring a safe and plentiful supply of blood and blood components for hospitals and healthcare providers. Operating locally while connected to a comprehensive network, Vitalant collects donated blood, performs necessary screenings and tests, and processes it into components such as red cells and plasma. With a team of over 5,000 employees, they strive to inspire individuals to donate blood, maintain top-quality standards, and advance research within the field of transfusion medicine. Vitalant, one of the oldest and largest nonprofit community blood service providers in the United States, caters to nearly 900 hospitals and healthcare partners, supporting patients in need across 40 states.


Official website here: www.vitalant.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 96%

Vitalant has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization scored 100% in all key areas assessed, including an entirely independent board and effective oversight of financial statements, indicating a robust governance structure. The absence of material asset diversion and the presence of comprehensive policies further bolster its credibility in the nonprofit sector.

User feedback highlights the positive impact of Vitalant on individuals in need, with donors expressing gratitude for the opportunity to contribute to their mission. One donor specifically mentioned the privilege of helping others through the organization's services, underscoring the meaningful work done by Vitalant in the community. This sentiment suggests that the organization's programs resonate well with both beneficiaries and supporters.

While the available data presents a strong overall picture of Vitalant, there are no detailed critiques or limitations noted in the feedback. The high program expense ratio of 83.68% indicates a significant investment in direct services, which is crucial for maximizing the impact of their efforts. Overall, Vitalant appears to be a well-managed organization focused on delivering effective assistance to those in need.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Vitalant legitimate?

Vitalant is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vitalant 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: $7,586,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,105,486

For more financial information, click here


Official website here: www.vitalant.org

What is the mission statement of Vitalant?

Vitalant is a nonprofit community blood service provider dedicated to making a difference in people's lives. They bring together talented individuals and inspire blood donations to ensure a safe and abundant blood supply. Vitalant's mission includes advancing cutting-edge research and embracing continuous quality improvement. The organization plays a vital role in supplying comprehensive transfusion medicine services to nearly 900 hospitals and healthcare partners, providing essential resources for patients in need across 40 states.


Official website here: www.vitalant.org

Who is the CEO of Vitalant?

Unavailable The CEO's salary of Vitalant is $1,427,666 and their total compensation is $1,499,331.


Official website here: www.vitalant.org

What is the revenue of Vitalant?

Vitalant's revenue in 2022 was $699,399,272.


Official website here: www.vitalant.org

Who are the executives of Vitalant and what are their salaries?

The average compensation at Vitalant during 2022 was $55,052. There are 5462 employees and 437 volunteers at Vitalant.


Here are 30 key members and their salaries (Vitalant's CEO's salary is $1,427,666 and their total compensation is $1,499,331):


Bill Gates (Trustee/Vice Chair)
  • Compensation: $41,000
  • Related: $0
  • Other: $0
James T Schraith (Trustee/Chair)
  • Compensation: $84,516
  • Related: $0
  • Other: $0
Paul E Stander Md (Trustee/Secretary/Treasurer)
  • Compensation: $37,375
  • Related: $0
  • Other: $0
Cindy Elkins (Trustee (Eff 11/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifford Lowell Md Phd (Trustee)
  • Compensation: $31,500
  • Related: $0
  • Other: $0
Heather J Allen Md (Trustee)
  • Compensation: $42,000
  • Related: $0
  • Other: $0
Jeffrey Shumway (Trustee (Eff 11/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Lewis (Trustee)
  • Compensation: $48,875
  • Related: $0
  • Other: $0
Jonathan Waters Md (Trustee)
  • Compensation: $28,750
  • Related: $0
  • Other: $0
Kathleen S Pushor (Trustee)
  • Compensation: $41,750
  • Related: $0
  • Other: $0
Linda J Blessing Phd (Trustee (Thru 04/22))
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Patricia Abrego-Santucci (Trustee)
  • Compensation: $41,375
  • Related: $0
  • Other: $0
Robert S Cole (Trustee)
  • Compensation: $61,625
  • Related: $0
  • Other: $0
Ron W Waeckerlin Md (Trustee)
  • Compensation: $42,750
  • Related: $0
  • Other: $0
Sunny P Chico (Trustee)
  • Compensation: $44,125
  • Related: $0
  • Other: $0
William A Dittman Md (Trustee)
  • Compensation: $42,750
  • Related: $0
  • Other: $0
Bhavi Shah (Evp/Clo, General Counsel)
  • Compensation: $662,580
  • Related: $0
  • Other: $69,673
David Green (President/Ceo)
  • Compensation: $1,427,666
  • Related: $0
  • Other: $71,665
Maureen Musselman (Evp/Cfo)
  • Compensation: $598,658
  • Related: $0
  • Other: $48,376
Robert Van Tuyle (Evp, Chief Operations Officer)
  • Compensation: $771,733
  • Related: $0
  • Other: $72,059
Anthony Bobos (Evp/Chief Information Officer)
  • Compensation: $623,655
  • Related: $0
  • Other: $71,526
Dirk Johnson (Evp/Blood Operations & Chief Of Staff)
  • Compensation: $514,862
  • Related: $0
  • Other: $61,388
Mary Beth Bassett (Evp/Chief Quality Officer)
  • Compensation: $616,925
  • Related: $0
  • Other: $46,695
Peter Michaelson (Evp/Chief People Officer)
  • Compensation: $532,894
  • Related: $0
  • Other: $66,419
Ralph Vassallo (Evp/Chief Medical & Scientific Officer)
  • Compensation: $701,821
  • Related: $0
  • Other: $44,959
Brian Custer (Svp, Research & Scientific Programs)
  • Compensation: $487,221
  • Related: $0
  • Other: $42,941
Charles Wilcox Iii (Division Vp, Blood Services)
  • Compensation: $503,003
  • Related: $0
  • Other: $44,557
Clifford Numark (Svp, Chief Strat Mkt Donor Svc)
  • Compensation: $527,311
  • Related: $0
  • Other: $28,313
Kevin Land (Vp, Clinical Services)
  • Compensation: $527,752
  • Related: $0
  • Other: $66,849
Michael Busch Md (Svp/Research & Scientific Prog)
  • Compensation: $627,573
  • Related: $0
  • Other: $60,890


Official website here: www.vitalant.org

Where can I find the form 990 for Vitalant?

Vitalant's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vitalant.org

Learn more at the official website: www.vitalant.org

Mission Statement of Vitalant

Vitalant, a leading nonprofit community blood service provider, is dedicated to making a significant impact on people's lives. By bringing together exceptional individuals, the organization inspires donors to give blood, ensuring a safe and generous blood supply. Vitalant's mission extends beyond mere blood banking, as it also invests in cutting-edge research and embraces continuous quality improvement.

Through its extensive network, Vitalant supplies comprehensive transfusion medicine services to over 890 hospitals and healthcare partners across 40 states, catering to patients in need. The organization's unwavering commitment to excellence has positioned it as one of the oldest and largest nonprofit blood service providers in the nation. By fostering a culture of innovation and quality, Vitalant plays a vital role in enhancing the lives of countless individuals.

In its quest to save lives, Vitalant collects and processes donated blood, meticulously screening each unit to ensure its safety and suitability for patients. The organization's relentless pursuit of knowledge and advancement drives its investment in research, which helps to develop new treatments and improve existing ones. Vitalant's commitment to quality is reflected in its rigorous testing processes and dedication to providing the best possible care for those in need.

Through its various initiatives, Vitalant aims to not only meet the immediate needs of patients but also contribute to long-term improvements in healthcare. The organization's unwavering dedication to its mission has made a profound difference in the lives of countless individuals, inspiring hope and renewed vitality.

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Impact




October, 2024

Vitalant plays a crucial role in the healthcare ecosystem, significantly impacting the lives of patients across the United States. By facilitating blood banking and research, Vitalant ensures a safe and stable supply of blood and blood components, which are vital for various medical treatments and emergencies in nearly 900 hospitals and healthcare partners across 40 states.

The organization effectively engages communities to inspire individual blood donation, creating a strong network of volunteer donors. This community-centric approach not only raises awareness about the importance of blood donation but also fosters a sense of collective responsibility toward health and wellness.

Through rigorous screening and testing processes, Vitalant guarantees the quality and safety of the blood collected, while its sophisticated infrastructure allows it to produce and distribute essential blood components, such as red cells, platelets, and plasma.

Moreover, Vitalant is committed to advancing transfusion medicine through cutting-edge research and continuous quality improvement, ensuring that it stays at the forefront of medical advancements and adapts to the changing needs of healthcare providers and patients alike. Overall, by connecting individuals to a critical resource, Vitalant significantly enhances the quality of care available to those in need, making a profound difference in countless lives.




This information is meant to be a general summary of Vitalant. 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.

Revenue
$699,399,272 (2022)
Expenses
$689,126,228 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,761,984
  • Program Service Revenue: $623,991,770
  • Gross Receipts: $718,961,993

Assets and Liabilities:

  • Total Assets: $810,635,110
  • Total Liabilities: $235,505,675
  • Net Assets: $575,129,435

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BLOOD & COMPONENT SRV FEE

Revenue

$490,751,693

LABORATORY SERVICES

Revenue

$74,319,034

PLASMA FOR FRACTIONATION

Revenue

$34,890,983

RESEARCH CONTRACTS

Revenue

$23,605,572

PHARMACEUTICAL PRODUCTS

Revenue

$424,488

Organization Details

Founding Year

1943

Main Address

9305 E VIA DE VENTURA, SCOTTSDALE, AZ, 85258

NTEE Category

Code: E610 - Health

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