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Medic Inc

Medic Regional Blood Center

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

EIN: 620598756 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

Overview

What is Medic Inc?

Medic Inc, located at 1601 Ailor Avenue in Knoxville, Tennessee (37921), operates as a nonprofit organization specializing in the collection, processing, and distribution of blood products and related services. Their mission is to ensure the well-being of the community by providing a safe, adequate, and economical supply of blood and related components. With a workforce of 176 employees, Medic Inc, also known as Medic Regional Blood Center, is dedicated to enhancing community health through the provision of essential blood and blood product services.


Official website here: www.medicblood.org

Is Medic Inc legitimate?

Medic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medic 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: $1,065,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,133,994

For more financial information, click here


Official website here: www.medicblood.org

What is the mission statement of Medic Inc?

Medic Inc is dedicated to improving community well-being by ensuring a safe, sufficient, and affordable supply of blood and blood-related products and services. Their primary mission is centered around the collection, processing, and distribution of these essentials. Through their efforts, they aim to enhance the health and well-being of individuals in need. By providing a reliable source for these critical resources, Medic Inc plays a vital role in supporting the medical needs of their community. Their commitment extends to maintaining the highest safety standards, ensuring adequate quantities, and keeping costs economical.


Official website here: www.medicblood.org

Who is the CEO of Medic Inc?

H Alan Watson is the Ceo (As Of 3/13/23) of Medic Inc. The CEO's salary of Medic Inc is $0 and their total compensation is $0.


Official website here: www.medicblood.org

What is the revenue of Medic Inc?

Medic Inc's revenue in 2023 was $17,198,814.


Official website here: www.medicblood.org

Who are the executives of Medic Inc and what are their salaries?

The average compensation at Medic Inc during 2023 was $40,905. There are 176 employees and 34 volunteers at Medic Inc.

Here are 20 key members and their salaries (Medic Inc's CEO's salary is $0 and their total compensation is $0):

    James L Decker (Ceo (Through 4/30/23))
  • Compensation: $327,448
  • Related: $0
  • Other: $55,392

    • Tom Watkins Do (Cmo)
  • Compensation: $258,164
  • Related: $0
  • Other: $45,912

    • Debbie Carper (Cfo)
  • Compensation: $180,611
  • Related: $0
  • Other: $36,663

    • Tracie Savage (Director Of Donor Services)
  • Compensation: $145,982
  • Related: $0
  • Other: $42,396

    • Martha Cox (Cqo)
  • Compensation: $150,236
  • Related: $0
  • Other: $25,252

    • Stephen Smith (Manager Lab Process And Co)
  • Compensation: $118,448
  • Related: $0
  • Other: $22,976

    • Greg Shaw (Director Fixed Site Collec)
  • Compensation: $108,866
  • Related: $0
  • Other: $28,186

    • Nathan Cass (Specialty Collections Manager)
  • Compensation: $100,228
  • Related: $0
  • Other: $11,156

    • Jack Bryan (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Isaac (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Rothermel (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Panter (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Panella Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zachary Lewis Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank J Beuerlein Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitch Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Minnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Watson (Ceo (As Of 3/13/23))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.medicblood.org

    Where can I find the form 990 for Medic Inc?

    The Medic Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.medicblood.org

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

    Mission Statement of Medic Inc

    Medic Inc, a vital community organization, strives to enhance the well-being of the population by ensuring a safe, sufficient, and affordable supply of blood and blood-related products and services. This mission is carried out through the collection, processing, and distribution of these essential items and associated services. By providing this essential service, Medic Inc plays a crucial role in addressing the health needs of individuals within the community. The organization's commitment to maintaining a reliable and economical blood supply is a testament to its dedication to the welfare of its constituents.

    Impact

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




    Thursday, August 15, 2024

    Medic Inc's impact lies in its crucial role in enhancing the well-being of the community by ensuring a safe, adequate, and economical supply of blood and blood-related products and services. Through its collection, processing, and distribution of blood products and components, Medic Inc plays a vital role in supporting healthcare services and saving lives. Its efforts directly contribute to the availability of essential resources for medical treatments and emergencies, ultimately benefiting the health and welfare of the community it serves.





    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 2023.

  • Investment Income: $385,105
  • Program Service Revenue: $16,792,480
  • Gross Receipts: $19,643,047

    • Assets and Liabilities:
  • Total Assets: $27,444,219
  • Total Liabilities: $2,541,596
  • Net Assets: $24,902,623
  • Programs

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

    BLOOD SERVICE

    Revenue

    $16,732,993

    OTHER PROGRAM REVENUE

    Revenue

    $33,178

    TEMPORARY COVERAGE CREDITS

    Revenue

    $26,309

    Organization Details

    Founding Year

    1958

    Principal Officer

    H Alan Watson

    Main Address

    1601 AILOR AVENUE, KNOXVILLE, TN, 37921

    NTEE Category

    Code: E610 - Health

    If you are a representative of Medic Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.