Overview
What is San Diego Blood Bank?
The San Diego Blood Bank is a California-based not-for-profit organization, established in 1950, dedicated to connecting diverse communities to save and enhance lives through the provision of blood and biotherapies. They collect, process, store, and distribute blood components that cater to the needs of the communities they serve. Their offerings extend beyond blood, encompassing an array of services to support ongoing and emerging blood and transfusion-related activities and research. The organization primarily relies on volunteer donors for blood collection and acquires a smaller portion from other blood centers. They provide more than 165,000 blood components annually to over 50 hospitals, catering to a population of over 17.6 million in San Diego, Imperial, Orange, Riverside, and Los Angeles counties. By offering free health screenings and technology training programs, the San Diego Blood Bank reaches out to the nearly 3.1 million residents in San Diego and Imperial counties. Their mission includes providing a wide range of blood banking services such as blood collection, component preparation, and various therapeutic apheresis procedures. Additionally, they collaborate with healthcare providers and researchers to improve community wellness and contribute to future medical advances. Over 400 units of whole blood need to be collected daily to meet the demands of hospitals and patients.
Official website here: www.sandiegobloodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The San Diego Blood Bank has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 90%. This high rating indicates that the organization is well-managed and transparent, with a fully independent board of directors and robust financial oversight measures in place. The organization has demonstrated effective governance practices, including the implementation of conflict of interest and whistleblower policies.
Financially, the San Diego Blood Bank shows a solid program expense ratio of 81.98%, meaning that a significant portion of its spending is directed toward its mission-related activities. The organization also has a favorable liabilities to assets ratio of 54.34%, suggesting it maintains a healthy financial position. These factors contribute positively to the trustworthiness and sustainability of the nonprofit.
However, the organization received a lower score in the Culture & Community category at 79%, which may point to areas for improvement in community engagement and organizational culture. While the nonprofit excels in accountability and financial practices, enhancing its community involvement could further strengthen its overall impact and reputation.
This AI summary has been generated from information found on Charity Navigator.
Is San Diego Blood Bank legitimate?
San Diego Blood Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Diego Blood Bank 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: $1,580,488
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,971,161
For more financial information, click here
Official website here: www.sandiegobloodbank.org
What is the mission statement of San Diego Blood Bank?
The San Diego Blood Bank is a California-based not-for-profit organization established in 1950. Its mission is to connect diverse communities and save lives through the collection, processing, storage, and distribution of blood components. The organization ensures that the blood they provide meets or exceeds the needs of each community it serves. In addition to its primary function, the San Diego Blood Bank offers various support services to further advance blood and transfusion-related activities and research.
Official website here: www.sandiegobloodbank.org
Who is the CEO of San Diego Blood Bank?
Douglas Morton is the CEO of San Diego Blood Bank The CEO's salary of San Diego Blood Bank is $403,177 and their total compensation is $421,273.
Official website here: www.sandiegobloodbank.org
What is the revenue of San Diego Blood Bank?
San Diego Blood Bank's revenue in 2024 was $53,436,829.
Official website here: www.sandiegobloodbank.org
Who are the executives of San Diego Blood Bank and what are their salaries?
The average compensation at San Diego Blood Bank during 2024 was $55,545. There are 370 employees and 448 volunteers at San Diego Blood Bank.
Here are 30 key members and their salaries (San Diego Blood Bank's CEO's salary is $403,177 and their total compensation is $421,273):
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- Compensation: $403,177
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Official website here: www.sandiegobloodbank.org
Where can I find the form 990 for San Diego Blood Bank?
San Diego Blood Bank's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sandiegobloodbank.org
Learn more at the official website: www.sandiegobloodbank.org
Mission Statement of San Diego Blood Bank
The San Diego Blood Bank, a California not-for-profit public benefit corporation founded in 1950, is dedicated to connecting diverse communities and saving lives through the provision of blood and biotherapies. This organization collects, processes, stores, and distributes blood components that meet and exceed the requirements of the communities it serves. The San Diego Blood Bank's mission extends beyond just blood donation, encompassing various services in support of ongoing and emerging blood and transfusion-related activities and research.
In simple terms, the San Diego Blood Bank is a lifesaver. It ensures an adequate blood supply for the health and wellbeing of the communities it serves. The organization goes above and beyond by exceeding the needs of its community with high-quality blood components. The San Diego Blood Bank is more than just a blood bank; it is a vital resource for the ongoing and emerging blood and transfusion-related activities and research. With a rich history spanning over seven decades, this dedicated team continues to make a significant impact on lives in need.
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Impact
October, 2024
San Diego Blood Bank plays a crucial role in enhancing public health by connecting diverse communities to save and improve lives through vital blood and biotherapies. It collects, processes, stores, and distributes blood products, which are essential for patients requiring blood transfusions in Southern California's hospitals.
The Blood Bank provides a comprehensive array of blood banking services, including blood collection, component preparation, and specialized procedures like plateletpheresis and plasmapheresis. With a commitment to patient care, it ensures that over 165,000 blood components are delivered annually to more than 50 hospitals across San Diego, Imperial, Orange, Riverside, and Los Angeles counties, serving a population exceeding 17.6 million.
By engaging with community members, the Blood Bank emphasizes the ongoing need for blood donations, requiring over 400 units of whole blood daily to meet hospital demands. Each year, it also offers more than 100,000 volunteer donors free basic health screenings before they donate. Additionally, the organization enhances local healthcare infrastructure by providing free technology training to hospitals and participates in research initiatives aimed at advancing medical treatments.
The Cell Therapy Program, which includes a cord blood program for stem cell transplants, further illustrates the Blood Bank's commitment to innovative therapies that save lives. Overall, San Diego Blood Bank's impactful services foster wellness within the community and contribute to lifesaving medical advances for patients in need.
This information is meant to be a general summary of San Diego Blood Bank. 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 2024.
- Investment Income: $556,928
- Program Service Revenue: $51,087,017
- Gross Receipts: $53,741,379
Assets and Liabilities:
- Total Assets: $38,566,080
- Total Liabilities: $19,864,346
- Net Assets: $18,701,734
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BLOOD AND BLOOD COMPONENTS
Revenue
$48,760,110
RESEARCH AND CELL THERAPY
Revenue
$1,493,406
ALL OF US CONTRACT REVENUE
Revenue
$833,501
Organization Details
Founding Year
1950
Principal Officer
Doug Morton
Website
www.sandiegobloodbank.orgNTEE Category
Code: E60 - Health
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