KENTUCKY BLOOD CENTER INC

EIN: 616058138 501(c)(3) Health Care

LEXINGTON, KY

Total Revenue
$34,451,047
Total Expenses
$33,761,296
Total Assets
$46,435,046
Net Assets
$43,879,328
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
KY
Principal Officer
WILLIAM REED
Phone
8592762534
Tax Period
2022-07-01 to 2023-06-30

KENTUCKY BLOOD CENTER INC, founded in 1968, is a mid-sized nonprofit in the Health Care sector that reported $34.5M in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year.

Mission

TO COORDINATE THE COLLECTION AND DISTRIBUTION OF BLOOD AND BLOOD COMPONENTS

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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 $37,978
Program Service Revenue $33,290,692
Investment Income $891,429
Other Revenue $230,948
TOTAL REVENUE $34,451,047

Expense Breakdown

Grants Paid $57,065
Salaries & Benefits $15,823,598
Fundraising Expenses $0
Program Expenses $29,597,929
Other Expenses $17,880,633
TOTAL EXPENSES $33,761,296

Year-over-Year Comparison

2022 2021 Change
Revenue $34,451,047 $37,261,354 -0.1%
Expenses $33,761,296 $34,031,954 0.0%
Net Income $689,751 $3,229,400 -0.8%
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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Governance

Voting Members
21
Independent Members
20
Employees
342
Volunteers
20

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
3
$814,545
Total Directors
21
$497,264
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM REED PRESIDENT/CEO 40.00
Officer Director
$439,105 $58,159 $497,264
DENNIS WILLIAMS MEDICAL DIRECTOR 40.00
Director
$0 $0 $0
GREGORY ROBBINS MD CHAIRMAN 0.30
Director
$0 $0 $0
DAVID BENSEMA MD VICE CHAIRMAN 0.30
Director
$0 $0 $0
HARVIE WILKINSON DIRECTOR 0.30
Director
$0 $0 $0
CHRISTINE MEECE MD DIRECTOR 0.30
Director
$0 $0 $0
HUNT RAY DIRECTOR 0.30
Director
$0 $0 $0
ELLEN WILLIAMS DIRECTOR 0.30
Director
$0 $0 $0
ROBERT GRANACHER JR MD DIRECTOR 0.30
Director
$0 $0 $0
LOWELL ANTHONY MD DIRECTOR 0.30
Director
$0 $0 $0
DAVID TURNER DIRECTOR 0.30
Director
$0 $0 $0
BARRY MAYFIELD DIRECTOR 0.30
Director
$0 $0 $0
DANIEL MCMAHAN DIRECTOR 0.30
Director
$0 $0 $0
SCOTT STEVENS MD DIRECTOR 0.30
Director
$0 $0 $0
HARRY RICHART DIRECTOR 0.30
Director
$0 $0 $0
MICHELE RIPLEY DIRECTOR 0.30
Director
$0 $0 $0
AMANDA MAYS BLEDSOE DIRECTOR 0.30
Director
$0 $0 $0
CHARLES PAPP MD DIRECTOR 0.30
Director
$0 $0 $0
MAMATA MAJMUNDAR MD DIRECTOR 0.30
Director
$0 $0 $0
LEE DOSSETT MD LMS PRESIDENT 0.30
Director
$0 $0 $0
ANGELA DEARINGER MD LMS PRESIDENT ELECT 0.30
Director
$0 $0 $0
MICHELLE VISH CFO/VP 40.00
Officer
$179,367 $39,348 $218,715
JILL BALL SECRETARY OF BOARD 40.00
Officer
$79,841 $18,725 $98,566
LIZ COUNTS VP, TECHNICAL SERVICES 40.00
Highest
$146,667 $15,787 $162,454
JULIE HILLMAN VP, HUMAN RESOURCES 40.00
Highest
$138,966 $15,550 $154,516
LISA HONAKER VP, INFORMATION TECHNOLOGY 40.00
Highest
$143,603 $15,115 $158,718
KIM TURNER VP, QUALITY AND REGULATORY 40.00
Highest
$126,763 $32,208 $158,971
MANDY BRAJUHA VP, EXTERNAL RELATIONS 40.00
Highest
$127,013 $20,586 $147,599
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $34,451,047 $33,761,296 $46,435,046 $689,751
2022 $37,261,354 $34,031,954 $45,140,825 $3,229,400
2021 $36,301,055 $34,484,768 $45,903,202 $1,816,287
2020 $31,328,518 $31,067,301 $42,520,646 $261,217
2019 $33,241,641 $31,814,632 $39,674,946 $1,427,009
2018 $30,563,640 $28,775,556 $38,486,945 $1,788,084
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