Vitalant

EIN: 860098929 501(c)(3) Health Care

SCOTTSDALE, AZ

Total Revenue
$686,191,950
Total Expenses
$723,148,230
Total Assets
$830,626,770
Net Assets
$602,694,787
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Financial Trends

Organization Details

Formation Year
1943
Legal Domicile
AZ
Phone
4806755600
Tax Period
2023-01-01 to 2023-12-31

Vitalant, founded in 1943, is a major nonprofit in the Health Care sector that reported $686.2M in total revenue in fiscal year 2023.

Mission

UNITE BLOOD AND BIOLOGICS DONORS, TALENT, AND INNOVATION TO SAVE AND IMPROVE LIVES.

Program Service Accomplishments

Program 1
Expenses: $522,502,772 Revenue: $579,070,693

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...

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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 ADVANTAGES AND EFFICIENCIES THAT ARE REALIZED THROUGH STANDARDIZATION AND ECONOMIES OF SCALE. BSD COLLECTS BLOOD FROM VOLUNTEER DONORS, PERFORMS SCREENING AND TESTING ON THE DONATED BLOOD, AND PROCESSES THE WHOLE BLOOD INTO BLOOD COMPONENTS SUCH AS RED CELL PLATELETS AND PLASMA. BLOOD AND BLOOD COMPONENTS ARE THEN STORED AND DISTRIBUTED TO HOSPITALS AND OTHER HEALTH CARE PROVIDERS.

Program 2
Expenses: $44,992,995 Revenue: $63,872,048

VITALANT LABORATORIES (VL) - VITALANT LABORATORIES' STAFF OF HIGHLY TRAINED AND EXPERIENCED PERSONNEL PROVIDE SUPPORT AND EXPERTISE TO HOSPITALS, TRANSFUSION AND TRANSPLANT CENTERS AND OTHER...

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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. VL OPERATES EIGHTEEN LABORATORIES FOR (IRL) IMMUNOHEMATOLOGY REFERENCE LAB, THREE (HLA) HISTOCOMPATIBILITY LABORATORIES AND FOUR (CTL) CELLULAR THERAPY LABORATORIES. TOGETHER THEY SOLVE SOME OF THE MOST COMPLEX IMMUNOHEMATOLOGIC COMPATIBILITY CASES AND ENSURE LIFE-SAVING BLOOD AND CELLULAR THERAPY SERVICES TO HOSPITALS ALL ACROSS THE UNITED STATES. FOR HEALTHCARE FACILITIES IN MULTIPLE STATES, VL ALSO SERVES AS A BLOOD BANK, PROVIDING COMPLETE TRANSFUSION SERVICES INCLUDING PATIENT COMPATIBILITY TESTING AND DELIVERY.

Program 3
Expenses: $34,866,816 Revenue: $31,054,872

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...

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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 $7.0M EACH YEAR. VRI HAS HISTORICALLY BEEN NOTED FOR CONTRIBUTIONS TO INFECTIOUS DISEASE TESTING / MONITORING, EPIDEMIOLOGY / PUBLIC POLICY, AND SELECTED NON-INFECTIOUS RISKS OF TRANSFUSION. RECENT RESEARCH EFFORTS INCLUDE CHARACTERIZATION OF METABOLIC AND GENETIC FACTORS THAT INFLUENCE RED BLOOD CELL STABILITY, AND SINCE THE PANDEMIC, A HOST OF CRITICALLY IMPORTANT STUDIES TO UNDERSTAND SARS-COV-2 EPIDEMIOLOGY, THE SAFETY OF THE BLOOD SUPPLY, THE TIME COURSE OF ITS ANTIBODY RESPONSE/IMMUNITY AND THE EFFICACY OF COVID CONVALESCENT PLASMA. A PUBLIC SERVICE, VRI'S RESEARCH EXTENDS FAR BEYOND ORGANIZATIONAL DEVELOPMENT EFFORTS, BENEFITING PATIENTS ALL OVER THE US (AND THE WORLD) AS WELL AS COMPETING US BLOOD CENTERS, IMPROVING BLOOD PRODUCT QUALITY, RECIPIENT SAFETY, AND THE DONOR EXPERIENCE. VRI SUPPORTS TRAINING PROGRAMS FOR SPECIALISTS IN TRANSFUSION MEDICINE AND THE DEVELOPMENT OF RESEARCH SCIENTISTS IN A HOST OF TRANSFUSION MEDICINE SUBSPECIALTIES. VRI INVESTIGATORS PUBLISHED MORE THAN 100 PEER-REVIEWED ORIGINAL RESEARCH PAPERS IN 2023 ALONG WITH MANY MORE REVIEWS, EDITORIALS, BOOK CHAPTERS AND SCIENTIFIC MEETING ABSTRACTS. TOGETHER, VRI'S 12 INVESTIGATORS, 2 CLINICAL INVESTIGATORS, 16 AFFILIATED INVESTIGATORS, 6 CORE LEADERS, 10 ADMINISTRATIVE STAFF AND ~70 SCIENTISTS, TECHNOLOGISTS AND POST-DOCS HAVE CONTRIBUTED TO MAJOR DISCOVERIES IN TRANSFUSION SAFETY AND EFFICACY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16,961,581
Program Service Revenue $648,909,055
Investment Income $-6,795,247
Other Revenue $27,116,561
TOTAL REVENUE $686,191,950

Expense Breakdown

Grants Paid $1,686,667
Salaries & Benefits $405,826,250
Fundraising Expenses $0
Program Expenses $602,362,583
Other Expenses $315,635,313
TOTAL EXPENSES $723,148,230

Year-over-Year Comparison

2023 2022 Change
Revenue $686,191,950 $699,399,272 0.0%
Expenses $723,148,230 $689,126,228 +0.0%
Net Income $-36,956,280 $10,273,044 -4.6%
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
14
Independent Members
14
Employees
5273
Volunteers
673

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
$3,416,555
Total Directors
15
$647,875
Key Employees
5
$2,842,802
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE/VICE CHAIR 3.0
Officer Director
$40,000 $0 $40,000
N/A TRUSTEE/CHAIR 4.0
Officer Director
$71,750 $0 $71,750
N/A TRUSTEE/SECRETARY & TREASURER (THRU 04/23) 2.0
Officer Director
$34,625 $0 $34,625
N/A TRUSTEE 2.0
Director
$37,500 $0 $37,500
N/A TRUSTEE 2.0
Director
$35,000 $0 $35,000
N/A TRUSTEE 2.0
Director
$43,750 $0 $43,750
N/A TRUSTEE 2.0
Director
$33,750 $0 $33,750
N/A TRUSTEE 2.0
Director
$48,625 $0 $48,625
N/A TRUSTEE 2.0
Director
$33,750 $0 $33,750
N/A TRUSTEE 2.0
Director
$33,750 $0 $33,750
N/A TRUSTEE 2.0
Director
$52,875 $0 $52,875
N/A TRUSTEE 4.0
Director
$54,750 $0 $54,750
N/A TRUSTEE 2.0
Director
$45,500 $0 $45,500
N/A TRUSTEE 2.0
Director
$46,250 $0 $46,250
N/A TRUSTEE (THRU 11/23) 2.0
Director
$36,000 $0 $36,000
N/A EVP/CHIEF LEGAL OFFICER/GENERAL COUNSEL 40.0
Officer
$593,404 $70,723 $664,127
N/A PRESIDENT/CEO 55.0
Officer
$1,199,347 $50,776 $1,250,123
N/A EVP/Chief Financial Officer 40.0
Officer
$545,429 $47,317 $592,746
N/A EVP/CHIEF OPERATIONS OFFICER 55.0
Officer
$698,296 $64,888 $763,184
N/A EVP/CHIEF INFORMATION OFFICER 55.0
Key Emp
$509,849 $59,719 $569,568
N/A EVP/CHIEF OF STAFF 55.0
Key Emp
$438,479 $57,517 $495,996
N/A EVP/CHIEF QUALITY OFFICER 55.0
Key Emp
$547,191 $47,613 $594,804
N/A EVP/CHIEF PEOPLE OFFICER 55.0
Key Emp
$477,968 $65,755 $543,723
N/A EVP/CHIEF MEDICAL & SCIENTIFIC OFFICER 54.0
Key Emp
$587,936 $50,775 $638,711
N/A SVP, RESEARCH & SCIENTIFIC PROGRAMS 45.0
Highest
$526,293 $43,850 $570,143
N/A SVP, CHIEF STRAT MKT DONOR SVC 45.0
Highest
$457,235 $26,036 $483,271
N/A VP, CLINICAL SERVICES 45.0
Highest
$482,435 $64,933 $547,368
N/A VP, CORPORATE MEDICAL DIRECTOR 45.0
Highest
$453,454 $61,413 $514,867
N/A SVP, RESEARCH & SCIENTIFIC PROGRAMS 45.0
Highest
$510,100 $51,308 $561,408
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 $686,191,950 $723,148,230 $830,626,770 $-36,956,280
2022 $699,399,272 $689,126,228 $810,635,110 $10,273,044
2021 $836,631,426 $680,159,506 $765,654,359 $156,471,920
2020 $651,670,836 $630,785,279 $564,968,755 $20,885,557
2019 $526,624,616 $542,313,136 $448,018,347 $-15,688,520
2018 $532,834,898 $547,454,598 $487,696,681 $-14,619,700
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