AMERICAN ASSOCIATION OF BLOOD BANKS

EIN: 362384118 501(c)(3) Health Care

BETHESDA, MD

Total Revenue
$19,556,158
Total Expenses
$21,043,528
Total Assets
$30,853,989
Net Assets
$4,140,067
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
IL
Principal Officer
DEBRA BENAVRAM
Phone
3019076977
Tax Period
2022-01-01 to 2022-12-31

AMERICAN ASSOCIATION OF BLOOD BANKS, founded in 1958, is a mid-sized nonprofit in the Health Care sector that reported $19.6M in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

IMPROVING LIVES BY MAKING TRANSFUSION MEDICINE AND BIOTHERAPIES SAFE, AVAILABLE, AND EFFECTIVE WORLDWIDE.

Program Service Accomplishments

Program 1
Expenses: $676,406 Revenue: $1,042,116

AABB CONSULTING SERVICES IS A LEADER IN PROVIDING EXPERTISE WORLDWIDE IN QUALITY MANAGEMENT AND PROCESS IMPROVEMENT SYSTEMS AND SOLUTIONS TO BLOOD, PLASMA AND TISSUE COLLECTION AND/OR MANAGEMENT...

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AABB CONSULTING SERVICES IS A LEADER IN PROVIDING EXPERTISE WORLDWIDE IN QUALITY MANAGEMENT AND PROCESS IMPROVEMENT SYSTEMS AND SOLUTIONS TO BLOOD, PLASMA AND TISSUE COLLECTION AND/OR MANAGEMENT FACILITIES, TRANSFUSION SERVICES, CLINICAL LABORATORIES, CELLULAR AND RELATEDBIOLOGICAL THERAPY FACILITIES.

Program 2
Expenses: $635,040 Revenue: $204,493

COMMUNICATIONS AND ONLINE PUBLICATIONS:AABB IS THE PREMIER PUBLISHER FOR PUBLICATIONS IN THE BLOOD BANKING, CELLULAR THERAPIES AND TRANSFUSION MEDICINE FIELD. OUR HIGH QUALITY PUBLICATIONS AND...

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COMMUNICATIONS AND ONLINE PUBLICATIONS:AABB IS THE PREMIER PUBLISHER FOR PUBLICATIONS IN THE BLOOD BANKING, CELLULAR THERAPIES AND TRANSFUSION MEDICINE FIELD. OUR HIGH QUALITY PUBLICATIONS AND PRACTICE STANDARDS ARE RELEVANT FOR TODAY'S HEALTHCARE PROFESSIONALS. AABB ADVANCES THE ACQUISITION, TRANSLATION, AND APPLICATION OF NEW KNOWLEDGE IN THE DISCIPLINES OF BASIC, CLINICAL, BEHAVIORAL, MANAGERIAL AND LABORATORY SCIENCES AS THEY APPLY TO TRANSFUSION MEDICINE, CELLULAR AND RELATED BIOLOGICAL THERAPIES THROUGH ITS SCHOLARLY JOURNAL, "TRANSFUSION". IN ADDITION, AABB INFORMS ITS MEMBERS THROUGH DAILY, WEEKLY, AND MONTHLY NEWSLETTERS, BULLETINS, MAGAZINES AND ONLINE PEER TO PEER INTEGRATION THROUGH THE AABB HUB.

Program 3
Expenses: $624,438 Revenue: $5,887,140

ACCREDITATION & EDUCATION:AABB DEVELOPS STANDARDS AND GUIDANCE FOR VOLUNTARY COMPLIANCE AND ACCREDITATION PROCESSES. THESE DEFINE OPTIMAL PATIENT AND DONOR CARE IN TRANSFUSION MEDICINE AND CELLULAR...

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ACCREDITATION & EDUCATION:AABB DEVELOPS STANDARDS AND GUIDANCE FOR VOLUNTARY COMPLIANCE AND ACCREDITATION PROCESSES. THESE DEFINE OPTIMAL PATIENT AND DONOR CARE IN TRANSFUSION MEDICINE AND CELLULAR THERAPIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $342,925
Program Service Revenue $13,401,885
Investment Income $270,628
Other Revenue $5,540,720
TOTAL REVENUE $19,556,158

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,149,368
Fundraising Expenses $173,850
Program Expenses $8,325,016
Other Expenses $11,894,160
TOTAL EXPENSES $21,043,528

Year-over-Year Comparison

2022 2021 Change
Revenue $19,556,158 $17,845,261 +0.1%
Expenses $21,043,528 $15,449,155 +0.4%
Net Income $-1,487,370 $2,396,106 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
19
Independent Members
19
Employees
72
Volunteers
750

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,521,741
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA V DEVINE PRESIDENT 4.00
Officer Director
$0 $0 $0
BRIAN GANNON PRESIDENT-ELECT 4.00
Officer Director
$0 $0 $0
AARON TOBIAN VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
JOSE CANCELAS SECRETARY 3.00
Officer Director
$0 $0 $0
DELISA ENGLISH TREASURER 4.00
Officer Director
$0 $0 $0
DAVID GREEN PAST PRESIDENT 4.00
Officer Director
$0 $0 $0
PHIL ACCOOE AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
SALLY CAMPBELL-LEE AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
MEGHAN DELANEY AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
NANCY DUNBAR AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
MAGALI FONTAINE AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
JERRY A HOLMBERG AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
CELINA MONTEMAYOR AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
RICHARD SCHAFER AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
THOMAS SPITZER AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
JOHN HAGINS APPOINTED DIRECTOR 2.00
Director
$0 $0 $0
LAURIE VAN THOF APPOINTED DIRECTOR 2.00
Director
$0 $0 $0
RACHEL S SMITH REPRESENTATIVE 2.00
Director
$0 $0 $0
JEFFREY WINTERS REPRESENTATIVE 2.00
Director
$0 $0 $0
WEN LU REPRESENTATIVE 2.00
Director
$0 $0 $0
RONIT SLOTKY REPRESENTATIVE 2.00
Director
$0 $0 $0
SUZANNE THIBODEAUX AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
DAWN WARD AT LARGE DIRECTOR 2.00
Director
$0 $0 $0
DEBRA BENAVRAM CEO 35.50
Officer
$670,130 $108,770 $778,900
MICHAEL GROGAN COO/CFO 37.50
Officer
$336,321 $31,590 $367,911
JULIA ZIMMERMAN CHIEF ENGAGEMENT OFFICER 37.50
Officer
$332,858 $42,072 $374,930
LEAH STONE VP, PUBLIC POLICY & ADVOCACY 37.50
Highest
$221,617 $39,490 $261,107
DIANE KILION GENERAL COUNSEL 37.50
Highest
$232,047 $7,905 $239,952
CHRISTINE BALES VP, GLOBAL AND CONSULTING 37.50
Highest
$213,830 $26,643 $240,473
SHARON CARAYIANNIS VP, SCIENCE AND PRACTICE 37.50
Highest
$190,395 $17,437 $207,832
MARGARET BORAZ SENIOR ACCOUNT MANAGER 37.50
Highest
$174,542 $26,618 $201,160
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 No data No data No data No data
2022 $19,556,158 $21,043,528 $30,853,989 $-1,487,370
2022 No data No data No data No data
2021 $17,845,261 $15,449,155 $24,237,461 $2,396,106
2020 $13,848,805 $14,537,128 $22,311,136 $-688,323
2019 $17,686,522 $18,268,259 $18,955,770 $-581,737
2018 $18,142,777 $19,781,571 $19,295,174 $-1,638,794
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