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Blood Assurance Inc

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

EIN: 620842419 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

Overview

What is Blood Assurance Inc?

Blood Assurance Inc, a regional blood bank based in Chattanooga, Tennessee, serves communities in Tennessee, Georgia, Alabama, and North Carolina. With a dedicated volunteer donor base, the nonprofit interviewed over 110,000 individuals in 2022, producing 112,510 blood components. These life-saving products were provided to approximately 71 healthcare facilities, ensuring a constant supply through 15 fixed locations and 18 mobile buses. The organization's mission is to draw blood from volunteers and distribute it to the healthcare facilities they serve. With a workforce of 435 employees, Blood Assurance Inc plays a crucial role in sustaining the health and wellbeing of countless individuals.


Official website here: www.bloodassurance.org

Is Blood Assurance Inc legitimate?

Blood Assurance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blood Assurance 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: $1,055,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,846,106

For more financial information, click here


Official website here: www.bloodassurance.org

What is the mission statement of Blood Assurance Inc?

Blood Assurance Inc is a regional blood bank that relies on an all-volunteer donor base to collect blood and provide essential blood products to healthcare facilities. In 2022, the organization interviewed over 110,000 individuals, resulting in the production of 112,510 units of blood components. These lifesaving products were distributed to approximately 71 healthcare facilities in Tennessee, Georgia, Alabama, and North Carolina. Every day, around 560 donors must be seen to maintain a consistent supply for their customers. They achieve this through a combination of fixed locations and mobile buses.


Official website here: www.bloodassurance.org

Who is the CEO of Blood Assurance Inc?

Jb Gaskins is the Ceo of Blood Assurance Inc. The CEO's salary of Blood Assurance Inc is $283,898 and their total compensation is $297,481.


Official website here: www.bloodassurance.org

What is the revenue of Blood Assurance Inc?

Blood Assurance Inc's revenue in 2022 was $36,146,635.


Official website here: www.bloodassurance.org

Who are the executives of Blood Assurance Inc and what are their salaries?

The average compensation at Blood Assurance Inc during 2022 was $31,959. There are 435 employees at Blood Assurance Inc.

Here are 27 key members and their salaries (Blood Assurance Inc's CEO's salary is $283,898 and their total compensation is $297,481):

    Jb Gaskins (Ceo) [Trustee/Director]
  • Compensation: $283,898
  • Related: $0
  • Other: $13,583

    • Elizabeth Culler (Cmo)
  • Compensation: $278,900
  • Related: $0
  • Other: $18,254

    • Christopher Swafford (Coo)
  • Compensation: $235,589
  • Related: $0
  • Other: $15,801

    • Jennifer Cochran Reynolds (Cao)
  • Compensation: $146,792
  • Related: $0
  • Other: $13,201

    • Mona Dilbeck (Technical Di)
  • Compensation: $123,554
  • Related: $0
  • Other: $4,932

    • Gordon Smith (Cfo)
  • Compensation: $110,772
  • Related: $0
  • Other: $0

    • Charles Wouters (Nurse Direct)
  • Compensation: $105,202
  • Related: $0
  • Other: $0

    • Theodore W Kieffer (Med Dir Nash)
  • Compensation: $104,293
  • Related: $0
  • Other: $0

    • Dewayne Belew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chip Catlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Cope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Theodore Feintuch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Germ (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Harlan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Henson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Biram Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Johnson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Darrell Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William Rock Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Main (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Moore (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Mosley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Pence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Reynolds (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Perry (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bloodassurance.org

    Where can I find the form 990 for Blood Assurance Inc?

    The Blood Assurance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bloodassurance.org

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

    Mission Statement of Blood Assurance Inc

    Blood Assurance Inc, a regional blood bank, is committed to saving lives by drawing blood from an all-volunteer donor base and supplying healthcare facilities with essential blood and blood products. With a mission to serve communities in Tennessee, Georgia, Alabama, and North Carolina, the organization conducted interviews with over 110,000 individuals during 2022 to support its lifesaving efforts. From these interactions, Blood Assurance produced 112,510 units of blood components, which were provided to approximately 71 healthcare facilities.

    To ensure a consistent blood supply for its customers, Blood Assurance requires the donation of blood from 560 or more donors daily. This need is met through a combination of fixed locations and mobile buses, which enable its dedicated volunteer base to contribute to the organization's vital mission. By harnessing the power of volunteers, Blood Assurance is able to maintain an unwavering commitment to providing blood products on schedule, ultimately contributing to the wellbeing of countless individuals in the communities it serves.

    Impact

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




    Thursday, August 15, 2024

    Blood Assurance Inc's impact is significant in providing life-saving blood and blood products to communities across Tennessee, Georgia, Alabama, and North Carolina. In 2022, the organization interviewed over 110,000 individuals and produced over 112,000 units of blood components to supply approximately 71 healthcare facilities in 60 counties. Their daily operations, which involve seeing over 560 donors, are supported by a network of fixed locations and mobile buses that engage an all-volunteer donor base. This allows Blood Assurance Inc to ensure a steady supply of blood products for those in need, making a tangible difference in the healthcare sector.





    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: $619,027
  • Program Service Revenue: $35,187,472
  • Gross Receipts: $38,247,890

    • Assets and Liabilities:
  • Total Assets: $36,513,788
  • Total Liabilities: $8,690,710
  • Net Assets: $27,823,078
  • Programs

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

    BLOOD PRODUCTS & RELATED SERV

    Revenue

    $35,187,472

    Organization Details

    Founding Year

    1970

    Principal Officer

    Jb Gaskins

    Main Address

    705 E 4TH STREET, CHATTANOOGA, TN, 37403

    NTEE Category

    Code: E61Z - Health

    If you are a representative of Blood Assurance 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.