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Bloodworks

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

EIN: 911019655 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Bloodworks?

Bloodworks is a Seattle-based nonprofit organization with a workforce of 973 employees. Their primary mission is to recruit, collect, test, process, and fractionate whole blood and its components into transfusion-ready products, which are used in nearly 90 hospitals, predominantly located in the Pacific Northwest. Their efforts save lives and contribute to research, innovation, education, and excellence within the fields of blood, medical, and laboratory services.


Official website here: www.bloodworksnw.org

Is Bloodworks legitimate?

Bloodworks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloodworks 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: $3,718,972
Professional Fundraising Fees: $14,500
Other Salaries and Wages: $57,572,873

For more financial information, click here


Official website here: www.bloodworksnw.org

What is the mission statement of Bloodworks?

Bloodworks is dedicated to saving lives through advanced research, innovation, education, and excellence in blood, medical, and laboratory services. In partnership with their community, they strive to make a significant impact by recruiting donors, collecting, testing, processing, and fractionating whole blood and its components into transfusion-ready products. These products, including whole blood, red blood cells, platelets, plasma, and cryoprecipitate, are utilized in nearly ninety hospitals, primarily located in the Pacific Northwest. Their mission encompasses providing essential blood services to improve patient outcomes and ultimately, contribute to prolonging lives.


Official website here: www.bloodworksnw.org

Who is the CEO of Bloodworks?

Curt Bailey is the President & Ceo of Bloodworks. The CEO's salary of Bloodworks is $765,282 and their total compensation is $808,283.


Official website here: www.bloodworksnw.org

What is the revenue of Bloodworks?

Bloodworks's revenue in 2022 was $134,313,338.


Official website here: www.bloodworksnw.org

Who are the executives of Bloodworks and what are their salaries?

The average compensation at Bloodworks during 2022 was $62,993. There are 973 employees and 395 volunteers at Bloodworks.

Here are 26 key members and their salaries (Bloodworks's CEO's salary is $765,282 and their total compensation is $808,283):

    Curt Bailey (President & Ceo) [Trustee/Director]
  • Compensation: $765,282
  • Related: $0
  • Other: $43,001

    • Jose Lopez Md (Chief Scientific Officer)
  • Compensation: $362,984
  • Related: $0
  • Other: $41,447

    • Theresa Nester Md (Co-Chief Medical Officer Med Svcs)
  • Compensation: $338,626
  • Related: $0
  • Other: $32,707

    • Kirsten Alcorn (Co-Chief Medical Officer Med Svcs)
  • Compensation: $334,615
  • Related: $0
  • Other: $31,193

    • Robert Gleason (Treasurer & Cfo)
  • Compensation: $284,316
  • Related: $0
  • Other: $56,146

    • David Lin Md (Executive Director)
  • Compensation: $294,122
  • Related: $0
  • Other: $20,191

    • Vicki Finson (Executive Vice President)
  • Compensation: $279,218
  • Related: $0
  • Other: $31,581

    • Idoia Gimferrer (Ashi Medical Director)
  • Compensation: $260,107
  • Related: $0
  • Other: $45,575

    • Aaron Posey (Executive Vice President)
  • Compensation: $273,061
  • Related: $0
  • Other: $22,397

    • Jill M Johnsen Md (Member, Associate)
  • Compensation: $248,760
  • Related: $0
  • Other: $42,120

    • Jing-Fei Dong Md (Member, Research)
  • Compensation: $246,556
  • Related: $0
  • Other: $42,431

    • Christine Donatelli (Chief Quality Officer)
  • Compensation: $230,815
  • Related: $0
  • Other: $42,585

    • Mark Destree (Executive Vice President)
  • Compensation: $219,528
  • Related: $0
  • Other: $43,943

    • Vitaliana Conforti (General Counsel)
  • Compensation: $243,419
  • Related: $0
  • Other: $19,571

    • Barbara Konkle Md (Former Chief Scientific Officer)
  • Compensation: $188,016
  • Related: $0
  • Other: $18,893

    • Maxine Sellers (Secretary)
  • Compensation: $82,901
  • Related: $0
  • Other: $15,570

    • Sean W Sigmon (Board Chair) [Trustee/Director]
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Mark Hulak (Board Trustee (Thru 4/22))
  • Compensation: $8,000
  • Related: $0
  • Other: $0

    • Josefina Fernandez Mcevoy Esq (Board Trustee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Christine Henningsgaard (Board Trustee)
  • Compensation: $4,000
  • Related: $0
  • Other: $0

    • Gene Farrell Mba (Board Trustee)
  • Compensation: $4,000
  • Related: $0
  • Other: $0

    • Kirsten Aranda Schwab Mba (Board Trustee)
  • Compensation: $2,000
  • Related: $0
  • Other: $0

    • Molly Firth (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trevor Goodby (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miho Dougherty Md Mph (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Jackson (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bloodworksnw.org

    Where can I find the form 990 for Bloodworks?

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


    Official website here: www.bloodworksnw.org

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

    Mission Statement of Bloodworks

    Bloodworks, a leading nonprofit organization, is dedicated to saving lives through research, innovation, education, and excellence in blood, medical, and laboratory services. The mission of Bloodworks is multifaceted, encompassing various aspects of the healthcare industry.

    In collaboration with the community, Bloodworks strives to make a difference by recruiting donors, collecting, testing, processing, and fractionating whole blood and its components into transfusion-ready products. These products include whole blood, red blood cells, platelets, plasma, and cryoprecipitate, which are essential for nearly 90 hospitals, primarily located in the Pacific Northwest.

    Bloodworks' commitment extends beyond the collection and distribution of blood products. The organization invests in research to advance medical knowledge and improve patient care. By fostering innovation, Bloodworks ensures the delivery of cutting-edge solutions that meet the evolving needs of the healthcare sector.

    Education is another essential component of Bloodworks' mission. The organization prioritizes spreading awareness about the importance of blood donation and the impact it has on saving lives. This comprehensive approach to making a difference is what sets Bloodworks apart and underscores its unwavering dedication to saving lives through its research, innovation, education, and excellence in blood, medical, and laboratory services.

    Impact

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




    Thursday, August 15, 2024

    Bloodworks saves lives through research, innovation, education, and excellence in blood, medical, and laboratory services. They recruit donors, collect, test, process, and fractionate whole blood and components into transfusion-ready products for use in nearly 90 hospitals, primarily located in the Pacific Northwest. Their impact is significant in providing crucial resources for healthcare institutions and ultimately helping to save lives in the community.





    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: $649,566
  • Program Service Revenue: $132,170,114
  • Gross Receipts: $144,865,828

    • Assets and Liabilities:
  • Total Assets: $100,462,161
  • Total Liabilities: $25,552,071
  • Net Assets: $74,910,090
  • Programs

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

    SERVICE FEES

    Revenue

    $116,233,427

    RESEARCH REVENUE

    Revenue

    $7,150,416

    BLOOD DERIVATIVES

    Revenue

    $5,730,350

    OTHER PROGRAM SERVICE REVENUE

    Revenue

    $2,594,400

    DELIVERY FEES

    Revenue

    $461,521

    Organization Details

    Founding Year

    1944

    Principal Officer

    Curt Bailey

    Main Address

    921 TERRY AVENUE, SEATTLE, WA, 981041256

    NTEE Category

    Code: E60 - Health

    If you are a representative of Bloodworks 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.