SUNCOAST COMMUNITIES BLOOD BANK INC DBA SUNCOAST BLOOD CENTERS

EIN: 590873275 501(c)(3) Health Care

BRADENTON, FL

Total Revenue
$19,086,761
Total Expenses
$18,034,304
Total Assets
$21,218,376
Net Assets
$16,381,543
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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
FL
Principal Officer
SCOTT BUSH
Phone
9419541600
Tax Period
2023-10-01 to 2024-09-30

SUNCOAST COMMUNITIES BLOOD BANK INC DBA SUNCOAST BLOOD CENTERS, founded in 1965, is a mid-sized nonprofit in the Health Care sector that reported $19.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $18.0M left a modest 6% surplus.

Mission

SUNCOAST COMMUNITIES BLOOD BANK (SCBB) PROVIDES A RELIABLE SUPPLY OF QUALITY BLOOD PRODUCTS AND SERVICES TO HOSPITALS AND HEALTH CENTERS IN NEED. OUR SINGULAR PURPOSE IS TO COLLECT, TEST, PROCESS, MATCH, STORE AND DISTRIBUTE ALL THE BLOOD PRODUCTS REQUIRED TO SERVE THE HOSPITALS AND HEALTH CENTERS IN OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $17,206,522 Revenue: $17,535,649

SUNCOAST COMMUNITIES BLOOD BANK (SCBB) PROVIDES A RELIABLE SUPPLY OF QUALITY BLOOD PRODUCTS AND SERVICES TO 10 HOSPITALS AND HEALTH CENTERS IN FOUR COUNTIES. IN FISCAL YEAR 2023, SUNCOAST COMMUNITIES...

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SUNCOAST COMMUNITIES BLOOD BANK (SCBB) PROVIDES A RELIABLE SUPPLY OF QUALITY BLOOD PRODUCTS AND SERVICES TO 10 HOSPITALS AND HEALTH CENTERS IN FOUR COUNTIES. IN FISCAL YEAR 2023, SUNCOAST COMMUNITIES BLOOD BANK COLLECTED 32,991 UNITS OF ALLOGENEIC RED BLOOD CELLS AND 7,580 UNITS OF PLATLETS FROM 17,656 DONORS. OVER THE COURSE OF THE YEAR, SUNCOAST COMMUNITIES BLOOD BANK SUPPLIED OVER 43,319 BLOOD PRODUCTS TO THE PATIENTS IN LOCAL HOSPITALS. THIRTEEN TESTS (11 FOR INFECTIOUS DISEASES) ARE PERFORMED ON EACH UNIT OF DONATED BLOOD PRODUCTS. IN ADDITION, SCBB PARTICIPATES IN MONONUCLEAR CELLULAR THERAPY, A TREATMENT PROGRAM FOR LATE STAGE PROSTATE CANCER. SUNCOAST COMMUNITIES BLOOD BANK IS FULLY-ACCREDITED BY THE AABB (FORMERLY THE AMERICAN ASSOCIATION OF BLOOD BANKS), EXCEEDS ALL STANDARDS SET FORTH BY THE FDA (FOOD AND DRUG ADMINISTRATION) AND IS CERTIFIED BY CLIA (CLINICAL LABORATORY IMPROVEMENT AMENDMENTS). WE ARE PROUD OF THESE ACCREDITATIONS AND CERTIFICATIONS BECAUSE IT MEANS THAT OUR BLOOD BANK RANKS AMONG THE BEST IN THE NATION WHEN IT COMES TO QUALITY AND SAFETY.SUNCOAST ADDED A CONVALESCENT PLASMA PROGRAM IN APRIL 2020. THIS WAS IN RESPONSE TO COVID AND THE NEED FOR THIS PLASMA TO TREAT COVID PATIENTS.SUNCOAST ALSO BECAME ONE OF THE NATIONAL SURGE SUPPLY CENTERS (SSC) FOR THE US TO STORE CONVALESCENT PLASMA (CCP) FROM OTHER BLOOD CENTERS IN THE US AND SHIP THESE UNITS TO HOSPITALS OR BLOOD CENTERS IN NEED ACROSSS THE US.SUNCOAST CREATED A NEW BLOOD DONOR PROGRAM CALLED THE CONCIERGE "AT HOME" DONOR PROGRAM WHERE WE DROVE A MINI VEHICLE TO THE DONOR'S HOUSE SO THEY COULD DONATE WITHOUT LEAVING THEIR PREMISES. WE ACQUIRED 3 VEHICLES AND A SMALL TEAM TO OVERSEE THIS NEW PROGRAM.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $809,499
Program Service Revenue $16,330,218
Investment Income $707,001
Other Revenue $1,240,043
TOTAL REVENUE $19,086,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,070,916
Fundraising Expenses $186,626
Program Expenses $17,206,522
Other Expenses $9,963,388
TOTAL EXPENSES $18,034,304

Year-over-Year Comparison

2023 2022 Change
Revenue $19,086,761 $17,274,572 +0.1%
Expenses $18,034,304 $16,784,504 +0.1%
Net Income $1,052,457 $490,068 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
7
$634,000
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE DOUGLAS VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
BRIAN LEIDEL TREASURER 3.00
Officer Director
$0 $0 $0
CAROLINE STRICKLAND SECRETARY 3.00
Officer Director
$0 $0 $0
STEVE BRANHAM PAST PRESIDENT 3.00
Director
$0 $0 $0
TERESA KONCICK PAST PRESIDENT 4.00
Director
$0 $0 $0
JAMEY DODSON PRESIDENT 4.00
Officer Director
$0 $0 $0
KRISTINE RUSSELL DIRECTOR 3.00
Director
$0 $0 $0
MIGUEL R PELAYO JR DIRECTOR 3.00
Director
$0 $0 $0
SCOTT BUSH CEO 40.00
Officer
$287,000 $17,000 $304,000
YEKATERINA CHIARO CFO 40.00
Officer
$170,000 $10,000 $180,000
DONALD BRIAN CAMPBELL COO 40.00
Officer
$140,000 $10,000 $150,000
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 $19,086,761 $18,034,304 $21,218,376 $1,052,457
2023 $17,274,572 $16,784,504 $20,690,792 $490,068
2022 $15,397,834 $16,396,685 $19,628,068 $-998,851
2021 $21,750,691 $16,633,713 $21,571,666 $5,116,978
2020 $14,659,492 $14,321,804 $18,088,647 $337,688
2019 $15,497,492 $14,502,137 $13,640,523 $995,355
2018 $14,431,514 $13,939,394 $10,071,311 $492,120
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