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Blood Bank Of San Bernardino And Riverside Counties

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

EIN: 951708743 ✦ San bernardino, CA ✦ Designated as a 501(c)(3)

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Overview

What is Blood Bank Of San Bernardino And Riverside Counties?

The Blood Bank of San Bernardino and Riversides Counties, operating as Lifestream, is a nonprofit organization based in San Bernardino, California. With a team of 573 employees, their mission is to save lives by connecting donors and patients through the gift of blood. They collect blood at fixed sites and blood drives across San Bernardino, Riverside, Orange, Imperial, and Los Angeles counties. Lifestream is renowned for providing specialized blood products, including red cells, plasma, autologous and directed donations, and factors for unique blood conditions. As a leading immunohematology lab in the region, they excel at addressing complex blood-related issues. Through continuing education programs, internships, and lectures, Lifestream contributes significantly to the blood banking and transfusion community's advancement.


Official website here: www.lifestream.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

The Blood Bank of San Bernardino and Riverside Counties has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. With a high overall score of 96%, the organization demonstrates effective financial management and transparency, which enhances donor trust and engagement.

One notable strength of the organization is its governance structure, featuring a majority of independent board members, which supports unbiased decision-making. The charity has established multiple policies, including conflict of interest and whistleblower protections, further reinforcing its commitment to ethical practices. Additionally, the organization boasts a high program expense ratio of 83.38%, indicating that a significant portion of its resources is directed towards its mission-related programs.

While the organization displays many strengths, it is essential for potential donors to consider the broader impact and community feedback regarding its services. Nevertheless, based on the financial and governance metrics available, the Blood Bank of San Bernardino and Riverside Counties stands out as a responsible and mission-driven nonprofit.


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

Is Blood Bank Of San Bernardino And Riverside Counties legitimate?

Blood Bank Of San Bernardino And Riverside Counties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blood Bank Of San Bernardino And Riverside Counties 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: $751,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,270,143

For more financial information, click here


Official website here: www.lifestream.org

What is the mission statement of Blood Bank Of San Bernardino And Riverside Counties?

The nonprofit organization, Lifestream, is dedicated to saving lives by facilitating the connection between blood donors and those in need through the act of donating blood. By collecting and distributing blood and blood products, Lifestream plays a crucial role in the healthcare system. The organization goes beyond simply supplying blood, also manufacturing and preparing specialty blood products for patients. Their mission reaches throughout the communities they serve in Southern California.


Official website here: www.lifestream.org

Who is the CEO of Blood Bank Of San Bernardino And Riverside Counties?

Frederick B Axelrod Md is the President & Ceo of Blood Bank Of San Bernardino And Riverside Counties. The CEO's salary of Blood Bank Of San Bernardino And Riverside Counties is $439,190 and their total compensation is $469,778.


Official website here: www.lifestream.org

What is the revenue of Blood Bank Of San Bernardino And Riverside Counties?

Blood Bank Of San Bernardino And Riverside Counties's revenue in 2022 was $66,404,862.


Official website here: www.lifestream.org

Who are the executives of Blood Bank Of San Bernardino And Riverside Counties and what are their salaries?

The average compensation at Blood Bank Of San Bernardino And Riverside Counties during 2022 was $43,667. There are 573 employees and 197 volunteers at Blood Bank Of San Bernardino And Riverside Counties.


Here are 17 key members and their salaries (Blood Bank Of San Bernardino And Riverside Counties's CEO's salary is $439,190 and their total compensation is $469,778):


Frederick B Axelrod Md (President & Ceo)
  • Compensation: $439,190
  • Related: $0
  • Other: $30,588
Nguyen Le Tuan (Vp Chief Med Offr)
  • Compensation: $308,001
  • Related: $0
  • Other: $27,785
Scott A Miller (Cfo)
  • Compensation: $247,811
  • Related: $0
  • Other: $33,441
Michelle Johnson (Vp Operations)
  • Compensation: $237,109
  • Related: $0
  • Other: $7,493
Julianna H Quarles (Vp Tec/Clin Affair)
  • Compensation: $179,521
  • Related: $0
  • Other: $34,399
Robert J Bayer (Vp Qa & Reg Affrs)
  • Compensation: $158,100
  • Related: $0
  • Other: $15,156
Shirley M Hernandez (Donor Op. Site Rn)
  • Compensation: $146,195
  • Related: $0
  • Other: $16,831
Todd Hooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Proctor Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Prospero Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Romero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Teichert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Corr Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jp Fletcher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thelma Korpman Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Yamanishi Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Patel Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifestream.org

Where can I find the form 990 for Blood Bank Of San Bernardino And Riverside Counties?

Blood Bank Of San Bernardino And Riverside Counties's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lifestream.org

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

Mission Statement of Blood Bank Of San Bernardino And Riverside Counties

Blood Bank of San Bernardino and Riverside Counties, a nonprofit organization, is dedicated to saving lives by facilitating the connection between blood donors and patients in need. Through the selfless act of donating blood, this mission is brought to life. Lifestream, the name of the organization, is committed not only to collecting and supplying blood through various fixed collection sites and drives within Southern California, but also to manufacturing and distributing specialized blood products to patients across the counties it serves. The ultimate goal is to help save lives by bridging the gap between those willing to give and those in vital need of this essential resource.

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Impact




October, 2024

The Blood Bank of San Bernardino and Riverside Counties plays a crucial role in preserving and enhancing health by ensuring a steady supply of blood and specialized blood products to patients in need. By collecting blood at fixed sites and through community drives across multiple counties, it maintains a reliable inventory that is vital for local hospitals and patients.

This organization provides a range of specialized blood products tailored to specific medical requirements, such as red cells and plasma for pediatric patients, high-dose white blood cells for infection treatment, and large-volume apheresis plasma for individuals facing trauma or undergoing transplants. Moreover, it supports patients with bleeding disorders by supplying pooled cryoprecipitate and factor concentrates.

In addition to its core mission of blood collection and supply, the Blood Bank actively engages in advancing the blood banking and transfusion fields. Through educational initiatives, including continuing education programs, internships, and lectures for medical professionals, it fosters a knowledgeable and skilled workforce dedicated to patient care.

By adeptly addressing complex challenges related to rare blood types and providing advanced immunohematology services, the Blood Bank not only saves lives but also builds a supportive healthcare ecosystem that benefits the broader community. Its contribution is vital in times of crisis, as it enables timely access to critical medical resources, thereby making a profound impact on the health and well-being of thousands in the region.




This information is meant to be a general summary of Blood Bank Of San Bernardino And Riverside Counties. 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
$66,404,862 (2022)
Expenses
$60,848,949 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,597,049
  • Program Service Revenue: $57,848,822
  • Gross Receipts: $78,198,106

Assets and Liabilities:

  • Total Assets: $47,106,585
  • Total Liabilities: $14,615,601
  • Net Assets: $32,490,984

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Programs

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

ALL OTHER PROGRAM SERVICE

Revenue

$515,048

BLOOD AND COMPONENT FEES

Revenue

$48,900,695

LABORATORY SERVICES

Revenue

$4,655,902

PLASMA FOR FRACTIONATION

Revenue

$3,777,177

Organization Details

Founding Year

1951

Principal Officer

Frederick B Axelrod Md

Main Address

PO Box 1429, San Bernardino, CA, 92402

NTEE Category

Code: E610 - Health

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