Vitalant
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Collects and researches blood donations to advance medical treatments. For fiscal year 2024 it reported $739.6M in revenue, $738.9M in expenses, and $655.5M in net assets.Pt I
Summary of the Filing
Where the work happens
Blood Services Division
Blood banking the primary purpose of the blood services division (BSD) is to provide a safe and stable supply of blood and blood components to hospitals and medical facilities. The strength of BSD is that it operates as local blood centers that are part of the community and yet has access to a large networked organization with all the…
Vitalant Laboratories (vl)
Vitalant laboratories' staff of highly trained and experienced personnel provide support and expertise to hospitals, transfusion and transplant centers and other healthcare facilities for their transfusion medicine needs.
Vitalant Research Institute (vri)
The vitalant research institute carries out studies funded by extramural grants (nih and other agencies) and receives intramural funding from vitalant between $7.0m and $10.0m each year. Vri has historically been noted for contributions to infectious disease testing / monitoring, epidemiology / public policy, and selected non-infectious…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
David Green’s $1.8M as President/CEO is at the 79th percentile of top reported officer pay among 1754 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| David Green | $1,752,599 | $1,199,347 | $1,427,666 | $1,074,156 | $1,037,437 |
| Robert Van Tuyle | $870,577 | $698,296 | $771,733 | $638,317 | $597,553 |
| Ralph Vassallo MD | $760,485 | — | — | — | — |
| Bhavi Shah | $731,723 | $593,404 | $662,580 | $587,550 | $518,423 |
| Maureen Musselman | $705,819 | $545,429 | $598,658 | $375,677 | $76,950 |
| Ralph Vassallo | — | $587,936 | $701,821 | $599,966 | $570,758 |
| Mary Beth Bassett | $661,204 | $547,191 | $616,925 | $516,193 | $492,149 |
| Anthony Bobos | $660,057 | $509,849 | $623,655 | $511,517 | $482,551 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 86% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 8% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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