Vitalant FY2022 filing

Tax-deductible

Scottsdale, AZ501(c)(3)Since 1943Health CareEIN 86-0098929

Blood Banking and Research. See Schedule O for more information.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$9.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $30.3M a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9.7M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $5.3M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$235.5M
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$699.4M
-16% vs prior year
Spent
$689.1M
To programs
85%
Net assets
$575.1M
By yearFY2020–FY2024
Revenue
$699.4M
FY2022▼ -16%
Revenue by fiscal year
FY2020$651.7M
FY2021$836.6M
FY2022$699.4M
FY2023$686.2M
FY2024$739.6M
Expenses
$689.1M
FY2022▲ +1%
Expenses by fiscal year
FY2020$630.8M
FY2021$680.2M
FY2022$689.1M
FY2023$723.1M
FY2024$738.9M
Net assets
$575.1M
FY2022▲ +2%
Net assets by fiscal year
FY2020$325.0M
FY2021$563.1M
FY2022$575.1M
FY2023$602.7M
FY2024$655.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $583.9M Management & general 15% · $105.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

30 people listed on the 990; $9.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$1,427,666Pt VII · Sec A
EVP, Chief Operations Officer
$771,733Pt VII · Sec A
EVP/Chief Medical & Scientific Officer
$701,821Pt VII · Sec A
EVP/Clo, General Counsel
$662,580Pt VII · Sec A
SVP/Research & Scientific Prog
$627,573Pt VII · Sec A
EVP/Chief Information Officer
$623,655Pt VII · Sec A
EVP/Chief Quality Officer
$616,925Pt VII · Sec A
$598,658Pt VII · Sec A

David Green’s $1.8M as President/CEO is at the 79th percentile of top reported officer pay among 1747 $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

NameFY2024FY2023FY2022FY2021FY2020
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.

See Vitalant executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Collects and researches blood donations to advance medical treatments.

Provided by the organization

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3 program services account for $583.9M of program spending, described in the organization's own filed words · FY2022.
01

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…

$507.1Mprogram expense
02

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.

$40.8Mprogram expense
03

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 $5.0m and $6.0m each year.

$35.9Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 32 grants · $8.5M · 2020–2024
University of PittsburghPA · FY2024$1,500,000
AabbMD · FY2024$75,000
Unm FoundationFY2024$41,790
Flights for Life INCAZ · FY2024$25,000
Foothills Food BankAZ · FY2024$10,000
Sierra Sacramento Valley Med SocCA · FY2024$9,422
University of PittsburghPA · FY2023$1,500,000
AabbMD · FY2023$75,000
Unm FoundationFY2023$41,790
Flights for Life INCAZ · FY2023$25,000
Sierra Sacramento Valley Med SocCA · FY2023$8,470
University of PittsburghPA · FY2022$1,500,000
See all 32 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$699.4M
Ln 12
Fees for servicesLn 2g$624.0M
Investment incomeLn 3$39.8M
Other incomeLn 4–11$28.1M
Money outPt IX
$689.1M
Ln 25
Programscol B$583.9M
Managementcol C$105.3M
Owns and owesPt X
$575.1M
net assets · Ln 32
Cash and savingsLn 1–2$71.8M
Total assetsLn 16$810.6M
LiabilitiesLn 26$235.5M
PeoplePt VI, VII
30
listed · VII A
PaidVII A28
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.6M
Noncash giftsLn 1g$744K
Fees for servicesLn 2g$624.0M
Investment incomeLn 3$39.8M
Other incomeLn 4–11$28.1M
Gains on assetsLn 7$33.0M
Total revenueLn 12$699.4M
Assets in detailPt X, end of year
CashLn 1$71.7M
SavingsLn 2$111K
Cash and savings togetherLn 1–2$71.8M
InvestmentsLn 11–13$330.7M
Land, buildings, equipmentLn 10c$191.3M
Other assetsLn 15$5.2M
Total assetsLn 16$810.6M
LiabilitiesLn 26$235.5M
Net assetsLn 32$575.1M
OperationsPt I, VI
EmployeesI 55,200
VolunteersI 6475
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$84.7M$71.8M
InvestmentsLn 11–13$356.4M$330.7M
Land, buildings, equipmentLn 10c$165.7M$191.3M
Total assetsLn 16$765.7M$810.6M
LiabilitiesLn 26$202.5M$235.5M
Net assetsLn 32$563.1M$575.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.9M$1.9M
Pay of current officers, directors and key staffLn 5$7.6M$0$7.6M$0
Other salaries and wagesLn 7$293.1M$253.1M$40.0M$0
Pension plan contributionsLn 8$13.7M$10.9M$2.8M$0
Other employee benefitsLn 9$38.5M$34.3M$4.2M$0
Payroll taxesLn 10$21.5M$18.5M$3.0M$0
Legal feesLn 11b$888K$0$888K$0
Accounting feesLn 11c$401K$0$401K$0
Investment management feesLn 11f$321K$0$321K$0
Other fees for servicesLn 11g$10.3M$5.2M$5.1M$0
Advertising and promotionLn 12$6.6M$1.1M$5.5M$0
Office expensesLn 13$46.6M$37.5M$9.2M$0
Information technologyLn 14$19.1M$9.5M$9.5M$0
OccupancyLn 16$44.1M$38.4M$5.7M$0
TravelLn 17$14.2M$13.4M$786K$0
InterestLn 20$480K$0$480K$0
Depreciation, depletion and amortizationLn 22$16.2M$11.2M$5.0M$0
InsuranceLn 23$5.9M$5.3M$543K$0
Other expenses (24a–d)Ln 24$144.8M$142.7M$2.0M$0
All other expensesLn 24e$3.0M$837K$2.2M$0
Total functional expensesLn 25$689.1M$583.9M$105.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $739.6M$738.9M$700K$655.5M 990 PDF
FY2023 $686.2M$723.1M−$37.0M$602.7M 990 PDF
FY2022 Viewing $699.4M$689.1M$10.3M$575.1M 990 PDF
FY2021 $836.6M$680.2M$156.5M$563.1M 990 PDF
FY2020 $651.7M$630.8M$20.9M$325.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $699,399,272 across 11 lines filed
VIII-1d Related organizations$3,634,976
VIII-1f All other contributions, gifts and grants$3,952,120
VIII-1g Noncash contributions (included above)$744,500
VIII-1h Total contributions, gifts and grants$7,587,096
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $623,991,770 · Unrelated business $0 · Excluded from tax $0$623,991,770
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $6,753,708$6,753,708
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $27,642$27,642
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,932,386$1,932,386
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $33,008,276$33,008,276
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $26,098,394 · Unrelated business $0 · Excluded from tax $0$26,098,394
VIII-12 Total revenueRelated to mission $650,090,164 · Unrelated business $0 · Excluded from tax $41,722,012$699,399,272
Part IX · Statement of functional expenses $689,126,228 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $1,864,493$1,864,493
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $7,586,679 · Fundraising $0$7,586,679
IX-7 Other salaries and wagesPrograms $253,079,686 · Management $40,025,800 · Fundraising $0$293,105,486
IX-8 Pension plan contributionsPrograms $10,856,723 · Management $2,824,942 · Fundraising $0$13,681,665
IX-9 Other employee benefitsPrograms $34,288,103 · Management $4,241,531 · Fundraising $0$38,529,634
IX-10 Payroll taxesPrograms $18,505,741 · Management $2,976,260 · Fundraising $0$21,482,001
IX-11b Legal feesPrograms $0 · Management $888,099 · Fundraising $0$888,099
IX-11c Accounting feesPrograms $0 · Management $401,386 · Fundraising $0$401,386
IX-11f Investment management feesPrograms $0 · Management $321,401 · Fundraising $0$321,401
IX-11g Other fees for servicesPrograms $5,188,035 · Management $5,136,008 · Fundraising $0$10,324,043
IX-12 Advertising and promotionPrograms $1,133,151 · Management $5,478,984 · Fundraising $0$6,612,135
IX-13 Office expensesPrograms $37,487,549 · Management $9,156,225 · Fundraising $0$46,643,774
IX-14 Information technologyPrograms $9,534,065 · Management $9,541,230 · Fundraising $0$19,075,295
IX-16 OccupancyPrograms $38,441,292 · Management $5,673,901 · Fundraising $0$44,115,193
IX-17 TravelPrograms $13,377,974 · Management $786,078 · Fundraising $0$14,164,052
IX-20 InterestPrograms $0 · Management $479,864 · Fundraising $0$479,864
IX-22 Depreciation, depletion and amortizationPrograms $11,194,183 · Management $5,020,725 · Fundraising $0$16,214,908
IX-23 InsurancePrograms $5,341,578 · Management $543,345 · Fundraising $0$5,884,923
IX-24 Other expenses (24a–d)Programs $142,725,725 · Management $2,034,393 · Fundraising $0$144,760,118
IX-24e All other expensesPrograms $837,467 · Management $2,153,612 · Fundraising $0$2,991,079
IX-25 Total functional expensesPrograms $583,855,765 · Management $105,270,463 · Fundraising $0$689,126,228
Part X · Balance sheet $810,635,110 assets, 21 lines filed
Asset lines not itemized here account for $225,251; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $84,392,677$71,724,969
X-2 Savings and temporary cash investmentsStart of year $291,827$110,576
X-4 Accounts receivableStart of year $129,136,767$105,395,447
X-8 Inventories for sale or useStart of year $18,162,854$19,324,190
X-9 Prepaid expenses and deferred chargesStart of year $9,896,251$10,550,791
X-10c Land, buildings and equipment, netStart of year $165,655,323$191,272,378
X-11 Publicly traded securitiesStart of year $324,132,166$281,792,701
X-12 Other securitiesStart of year $500,000$2,808,716
X-13 Program-related investmentsStart of year $31,770,164$46,104,561
X-14 Intangible assets$76,164,325
X-15 Other assetsStart of year $1,299,793$5,161,205
X-16 Total assetsStart of year $765,654,359$810,635,110
X-17 Accounts payable and accrued expensesStart of year $91,164,788$81,171,924
X-18 Grants payableStart of year $20,715,747$1,026,072
X-19 Deferred revenueStart of year $4,051,697$2,758,473
X-25 Other liabilitiesStart of year $69,330,337$127,969,348
X-26 Total liabilitiesStart of year $202,509,567$235,505,675
X-27 Net assets without donor restrictionsStart of year $562,870,158$574,975,087
X-28 Net assets with donor restrictionsStart of year $274,634$154,348
X-32 Total net assets or fund balancesStart of year $563,144,792$575,129,435
X-33 Total liabilities and net assetsStart of year $765,654,359$810,635,110
Part XI · Reconciliation of net assets $575,129,435 net assets at year end
XI-1 Total revenue$699,399,272
XI-2 Total expenses$689,126,228
XI-3 Revenue less expenses$10,273,044
XI-4 Net assets at start of year$563,144,792
XI-5 Net unrealized gains (losses) on investments−$40,555,460
XI-9 Other changes in net assets$42,267,059
XI-10 Net assets at end of year$575,129,435

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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