Central Jersey Blood Center Inc
- Assets
- $0.0
- Revenue
- $410.3k
- Investments
- $0.0
- Employees
- 59
- Location
- Summit, NJ
- Founding
- 05/1965
- Data as of
- 12/2019
- EIN
- 22-1769155
Organization Overview
Central Jersey Blood Center Inc is located in Summit, NJ. The organization was established in 1965. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, under the broad grouping of Health Care and related organizations. As of 12/2019, Central Jersey Blood Center Inc employed 59 individuals. Central Jersey Blood Center Inc 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 12/2019, Central Jersey Blood Center Inc generated $410.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO SAVE LIVES BY PROVIDING SAFE, HIGH QUALITY BLOOD PRODUCTS AND SERVICES TO PATIENTS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROCUREMENT OF BLOOD IS FACILITATED BY A VAST NETWORK VOLUNTEER BLOOD DONORS FROM THE COMMUNITY, RELIGIOUS ORGANIZATIONS, THE MILITARY, GOVERNMENT AGENCIES, AND EDUCATIONAL INSTITUTIONS (MOSTLY HIGH SCHOOLS). THESE DONOR VOLUNTEERS ARE SERVICED BY OUR EMPLOYEES WHO EDUCATE THEM ABOUT THE NEED FOR TYPE-SPECIFIC BLOOD PRODUCTS, SCREEN THEM TO ENSURE THE SAFETY OF THE BLOOD SUPPLY AND SKILLFULLY DRAW BLOOD AND BLOOD PRODUCTS, INCREASINGLY USING AUTOMATED TECHNOLOGY TO SELECT THE NEEDED BLOOD COMPONENT. OPERATIONS CEASED IN 2018 WITH FINAL LIQUIDATION IN 2019.
PROCESSING OF BLOOD. THE CENTER OPERATES A MANUFACTURING LABORATORY THAT IS RESPONSIBLE FOR CHECKING, SEPARATING, TESTING, PACKAGING AND DISTRIBUTING BLOOD AND BLOOD DERIVATIVES TO OUR HOSPITAL CLIENTS. OUR MANUFACTURING SERVICES ARE EVALUATED BY SEVERAL AGENCIES, INCLUDING THE FDA, CSL, AABB AND STATES OF NJ AND NY. WE ARE PROUD TO REPORT THAT OUR MANUFACTURING PROCESS HAS CONSISTENTLY MET AND EXCEED ALL STANDARDS AND REGULATIONS MANDATED BY THESE LICENSING AND ACCREDITING ORGANIZATIONS. ALL FUNCTIONS ARE PERFORMED WITH THE HIGHEST LEVEL OF QUALITY AS PRODUCT SAFETY IS PARAMOUNT TO OUR PATIENT POPULATION. OPERATIONS CEASED IN 2018 WITH FINAL LQUIDATION IN 2019.
RECRUITMENT COST. THE CENTER DEVELOPS AND RELIES ON A LARGE DONOR BASE TO MAINTAIN STEADY BLOOD DONATIONS. BLOOD IS PERISHABLE AND THE INVENTORY MUST BE CONTINUOUSLY REPLENISHED TO AVOID SHORTAGES AND ENSURE IMMEDIATE AVAILABILITY OF FRESH PRODUCTS. OUR DEDICATED ACCOUNT MANAGERS WORK HAND-IN-HAND WITH CIVIC ASSOCIATIONS, SCHOOLS, AND BUSINESSES TO RAISE THE AWARENESS OF THIS CRITICAL NEED AND COORDINATE BLOOD DRIVES TO MEET THE DEMANDS OF OUR HOSPITAL CLIENTS. WE HAVE DEVELOPED TARGETED EDUCATIONAL PROGRAMS FOR STUDENTS OF ALL AGES WHICH MEET THE CORE CURRICULUM REQUIREMENTS OF THE STATE OF NEW JERSEY. OPERATIONS CEASED IN 2018 WITH FINAL LQUIDATION IN 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pascal George CEO | Officer | 45 | $281,746 |
Karen Leadbeater CFO | 45 | $150,568 | |
Jeff Bahary Chairmain | OfficerTrustee | 2 | $0 |
Nancy Kegelman Edd Treasurer | OfficerTrustee | 2 | $0 |
G Kevin Callahan ESQ Trustee | OfficerTrustee | 2 | $0 |
Wayne B Hallard Secretary | Trustee | 2 | $0 |
Financial Statements
| 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 | $55 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55 |
| Total Program Service Revenue | $314,744 |
| Investment income | $8,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,249 |
| Net Gain/Loss on Asset Sales | $70,114 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,254 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $281,746 |
| Compensation of current officers, directors, key employees. | $281,746 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,264 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,183 |
| Payroll taxes | $338,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,093 |
| Advertising and promotion | -$5,157 |
| Office expenses | -$230 |
| Information technology | $71,076 |
| Royalties | $0 |
| Occupancy | $220,486 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,132 |
| Interest | $40,665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $189,268 |
| All other expenses | $25,672 |
| Total functional expenses | $1,818,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Jersey Blood Center Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Wawa Foundation Inc Wawa, PA PURPOSE: TO SUPPORT THE FOUNDATION PROGRAM INITIATIVES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Pennsylvania Blood Bank Hummelstown, PA | $15,323,088 | $15,845,054 |
Blood Bank Of Delmarva Inc Newark, DE | $0 | $12,947,614 |
Community Blood Bank Of Erie County Erie, PA | $4,765,344 | $7,315,066 |
Williamsport Area Ambulance Service Cooperative Pittsburgh, PA | $2,645,116 | $6,256,971 |
Pocono Mountain Regional Emergency Medical Services Inc Tobyhanna, PA | $3,234,730 | $3,504,983 |
The Institute For Transfusion Medicine Pittsburgh, PA | $0 | $5,367,258 |
Brooklyn United Methodist Continuum Services Inc Brooklyn, NY | $2,535,884 | $1,632,294 |
Central Jersey Blood Center Inc Summit, NJ | $0 | $410,254 |
Blood Science Foundation Pittsburgh, PA | $54,733,900 | $2,135,841 |
Childrens Cancer And Blood Foundation Inc New York, NY | $3,476,465 | $599,415 |
The Society For The Advancement Of Blood Management Mt Royal, NJ | $551,539 | $474,757 |