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Greater Metropolitan Community Blood Service Inc

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

EIN: 237368352 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

Overview

What is Greater Metropolitan Community Blood Service Inc?

Greater Metropolitan Community Blood Service Inc, located in Yonkers, New York, operates as a nonprofit organization with a primary focus on the sale of blood. This entity acquires blood through both purchases and donations from various groups. The obtained blood is then sold, with service charges, primarily to hospitals. These hospitals, in turn, distribute the blood to those in need. The organization employs a team of 29 individuals, contributing to the provision of this essential resource.


Is Greater Metropolitan Community Blood Service Inc legitimate?

Greater Metropolitan Community Blood Service Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Metropolitan Community Blood Service Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,311,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,948,640

For more financial information, click here


What is the mission statement of Greater Metropolitan Community Blood Service Inc?
Who is the CEO of Greater Metropolitan Community Blood Service Inc?
What is the revenue of Greater Metropolitan Community Blood Service Inc?
Who are the executives of Greater Metropolitan Community Blood Service Inc and what are their salaries?
Where can I find the form 990 for Greater Metropolitan Community Blood Service Inc?

Mission Statement of Greater Metropolitan Community Blood Service Inc

Greater Metropolitan Community Blood Service Inc, as a blood bank, plays a vital role in the medical community. Its mission, in simple terms, is to collect, store, and distribute blood. This is achieved through a unique approach. The organization purchases blood from donor groups and also receives donations directly. Once acquired, the blood is then sold to hospitals at a service charge. These hospitals, in turn, distribute the blood to those in need, ensuring that it reaches individuals who require it for various medical procedures and emergencies. This process allows Greater Metropolitan Community Blood Service Inc to provide a lifesaving resource to the community, bridging the gap between blood donors and recipients. By serving as a mediator, the organization ensures that the blood supply is maintained and that hospitals can efficiently meet the demands of their patients.

Impact

This information is meant to be a general summary of Greater Metropolitan Community Blood Service Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Greater Metropolitan Community Blood Service Inc's impact is significant in improving the community by providing a crucial service of supplying blood to hospitals. By facilitating the sale of blood through a blood bank model, this entity ensures that hospitals have a sufficient supply of blood to meet the needs of patients in need. Through partnerships with groups that donate blood and through their own procurement efforts, Greater Metropolitan Community Blood Service Inc plays a vital role in ensuring access to life-saving blood products. This directly contributes to the well-being and health of individuals in the community who require blood transfusions for various medical conditions.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $-4,718,293
  • Program Service Revenue: $0
  • Gross Receipts: $75,633,145

    • Assets and Liabilities:
  • Total Assets: $66,123,197
  • Total Liabilities: $175,197
  • Net Assets: $65,948,000
  • Organization Details

    Principal Officer

    Laura Petitti

    Main Address

    1150 Yonkers Avenue, Yonkers, NY, 10704

    NTEE Category

    Code: S80 - Community improvement

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