The Bleeding And Clotting Disorders Institute is located in Peoria, IL. The organization was established in 2010. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 06/2023, Bleeding And Clotting Disorders Institute employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bleeding And Clotting Disorders Institute 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 06/2023, Bleeding And Clotting Disorders Institute generated $11.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $9.8m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 years. 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
TO PROVIDE OPTIMAL COMPREHENSIVE, FAMILY-ORIENTED CARE FOR PERSONS WITH BLEEDING, CLOTTING & OTHER BLOOD DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIAGNOSIS AND TREATMENT OF BLEEDING DISORDERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol Merna Vice President | OfficerTrustee | 1 | $0 |
Dr Matt Mischler President | OfficerTrustee | 1 | $0 |
Girish Despande MD Director | Trustee | 1 | $0 |
Jason Barth Treasurer | OfficerTrustee | 1 | $0 |
Michael Tarantino MD Ceo/cmo/secretary | OfficerTrustee | 40 | $383,997 |
Patrick Dills Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $37,668 |
Related organizations | $0 |
Government grants | $77,448 |
All other contributions, gifts, grants, and similar amounts not included above | $10,629 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $125,745 |
Total Program Service Revenue | $827,786 |
Investment income | $404,838 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $63,238 |
Net Income from Gaming Activities | $4,815 |
Net Income from Sales of Inventory | $10,322,348 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,748,770 |
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. | $855,290 |
Compensation of current officers, directors, key employees. | $391,299 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,511,257 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,165,750 |
Payroll taxes | $380,474 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $76,499 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $146,553 |
Advertising and promotion | $0 |
Office expenses | $48,673 |
Information technology | $125,193 |
Royalties | $0 |
Occupancy | $1,100,556 |
Travel | $55,281 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $15,021 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $63,373 |
Insurance | $164,280 |
All other expenses | $180,882 |
Total functional expenses | $9,808,319 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,534,940 |
Savings and temporary cash investments | $2,000,000 |
Pledges and grants receivable | $12,177 |
Accounts receivable, net | $8,948,199 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,243,515 |
Prepaid expenses and deferred charges | $278,741 |
Net Land, buildings, and equipment | $252,805 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $8,475,235 |
Total assets | $36,745,612 |
Accounts payable and accrued expenses | $2,171,866 |
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 | $8,675,402 |
Total liabilities | $10,847,268 |
Net assets without donor restrictions | $25,898,344 |
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 | $36,745,612 |