World Federation Of Hemophilia Usa, operating under the name Wfh Usa, is located in Albany, NY. The organization was established in 1997. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wfh USA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Wfh USA generated $1.1b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $1.1b during the year ending 12/2023. While expenses have increased by 19.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AFFILIATED TO THE WORLD FEDERATION OF HEMOPHILIA AN INTERNATIONAL CHARITABLE ORGANIZATION BASED IN MONTREAL THE MISSION OF THE WORLD FEDERATION OF HEMOPHILIA USA IS TO ADVANCE THE GLOBAL MISSION OF WFH WITHIN THE US TO IMPROVE AND SUSTAIN CARE FOR PEOPLE WITH INHERITED BLEEDING DISORDERS AROUND THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WFH HUMANITARIAN AID PROGRAM IMPROVES THE LACK OF ACCESS TO CARE AND TREATMENT BY PROVIDING SUPPORT TO NATIONAL MEMBER ORGANIZATIONS HEMOPHILIA TREATMENT CENTRES AND HEALTHCARE PRACTITIONERS IN EMERGING COUNTRIES. THIS SUPPORT COMES IN THE FORM OF EDUCATION TRAINING AND DONATED FACTOR AND NON-FACTOR REPLACEMENT THERAPY. NOTABLY THE MAJORITY OF THE ORGANIZATIONS NET SURPLUS $60,410K OF $60,424K IS TIED TO DONATED PHARMACEUTICAL PRODUCTS AWAITING TO BE DISTRIBUTED TO RECIPIENTS IN EMERGING COUNTRIES AS PART OF THE PROGRAM. WFH USA PROVIDES TENS OF THOUSANDS OF PEOPLE WITH HEMOPHILIA RELIABLE ACCESS TO CARE ENABLING PROPHYLAXIS AND ELECTIVE SURGERIES IN OVER SIXTY COUNTRIES WORLDWIDE. PER THE COLLABORATION AGREEMENT WITH THE WFH WFH USA IS EXCLUSIVELY RESPONSIBLE FOR SOLICITING IN-KIND CONTRIBUTIONS OF PHARMACEUTICAL PRODUCTS AND MONETARY DONATIONS FOR THE PROGRAM. WFH USA PERIODICALLY GRANTS THE RECEIVED CONTRIBUTIONS TO THE WFH AS NEEDED TO CARRY OUT THE PROGRAM.
OTHER PROGRAMS INCLUDING THE SOLIDARITY PROGRAM AND AWARENESS BUILDING SUPPORT THE DEVELOPMENT OF WFHS NATIONAL MEMBER ORGANIZATIONS ENSURE WFHS TIMELY RESPONSE TO EMERGING NEEDS PROVIDE RELIEF DURING CRISES AND RAISE AWARENESS OF BLEEDING DISORDERS IN THE USA AND WORLDWIDE.
THE WFH TRAINING AND EDUCATION PROGRAM PROVIDES THE GLOBAL BLEEDING DISORDERS COMMUNITY WITH THE INFORMATION AND TOOLS REQUIRED TO IMPROVE ACCESS TO DIAGNOSIS AND ENSURE RELIABLE ACCESS TO SAFE TREATMENT AND CARE. TRAINING AND EDUCATION MAY BE DELIVERED THROUGH HEALTHCARE DEVELOPMENT PROGRAMS IN-PERSON AND VIRTUAL WORKSHOPS AND EDUCATIONAL EVENTS AND THE DEVELOPMENT AND DISTRIBUTION OF EDUCATIONAL RESOURCES THAT ARE AVAILABLE IN PRINTED AND ELECTRONIC FORMAT. IN ACCORDANCE WITH THE COLLABORATION AGREEMENT BETWEEN WFH USA AND THE WFH WFH USA PERIODICALLY GRANTS CONTRIBUTIONS RECEIVED TO SUPPORT THE WFH TRAINING AND EDUCATION PROGRAMS TO THE WFH AS NEEDED TO CARRY OUT THE WFHS RESPONSIBILITIES WITH RESPECT TO THE WFH TRAINING AND EDUCATION PROGRAM.
THE WFH RESEARCH AND DATA COLLECTION PROGRAM INCLUDES THE ANNUAL GLOBAL SURVEY THE WORLD BLEEDING DISORDER REGISTRY THE GENE THERAPY REGISTRY AND THEIR ACCOMPANYING EDUCATION AND CAPACITY-BUILDING PROGRAMS. THE OBJECTIVE OF THIS PROGRAM IS TO PROVIDE NATIONAL MEMBER ORGANIZATIONS NMOS AND HEMOPHILIA TREATMENT CENTERS HTCS WITH THE TOOLS TO INCREASE THEIR CAPACITY THE FRAMEWORK TO COLLECT DATA ON PEOPLE WITH BLEEDING DISORDERS AND THE EDUCATION AND TRAINING TO USE THAT DATA TO CONDUCT RESEARCH AND ADVOCATE FOR BETTER CARE. IN ACCORDANCE WITH THE COLLABORATION AGREEMENT BETWEEN THE WFH USA AND THE WFH WFH USA PERIODICALLY GRANTS CONTRIBUTIONS RECEIVED TO SUPPORT THE WFH RESEARCH PROGRAM TO THE WFH AS NEEDED TO CARRY OUT THE WFHS RESPONSIBILITIES WITH RESPECT TO THE WFH RESEARCH PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Stolte President | OfficerTrustee | 1 | $0 |
Len Valentino Vice-President | OfficerTrustee | 1 | $0 |
Sean Singh Treasurer | OfficerTrustee | 1 | $0 |
Alain Baumann Secretary | OfficerTrustee | 4 | $0 |
Paula Bell Director | Trustee | 1 | $0 |
Amy Dunn Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,131,275,449 |
Noncash contributions included in lines 1a–1f | $1,125,857,688 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,131,275,449 |
Total Program Service Revenue | $0 |
Investment income | $21,376 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,131,296,825 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,067,532,407 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $194,712 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,218 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,518 |
Fees for services: Other | $24,468 |
Advertising and promotion | $5,999 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $28,108 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,103 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,000 |
All other expenses | $0 |
Total functional expenses | $1,070,872,912 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $265,133 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $354,729 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $435,020,873 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,318,832 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $436,959,567 |
Accounts payable and accrued expenses | $309,970 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $309,970 |
Net assets without donor restrictions | $435,561,558 |
Net assets with donor restrictions | $1,088,039 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $436,959,567 |