Versiti Indiana Inc

Organization Overview

Versiti Indiana Inc is located in Indianapolis, IN. The organization was established in 1954. 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 12/2022, Versiti Indiana Inc employed 681 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Versiti Indiana 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 12/2022, Versiti Indiana Inc generated $82.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $86.6m during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

(SEE SCHEDULE O)VERSITI INDIANA, INC. (VERSITI INDIANA) IS A BLOOD HEALTH INNOVATOR WHO ENHANCES LIVES THROUGH DISCOVERY, DIAGNOSIS AND TREATMENT. VERSITI EXPANDS THE FRONTIERS OF PATIENT HEALTH THROUGH THE INTEGRATION OF SCIENCE, MEDICINE AND SERVICE.

Describe the Organization's Program Activity:

VERSITI INDIANA, INC. (VERSITI) RECRUITS VOLUNTEER BLOOD DONORS, COLLECTS, PROCESSES AND DISTRIBUTES BLOOD AND BLOOD COMPONENTS TO PROVIDE A SAFE AND RELIABLE SUPPLY OF BLOOD FOR HOSPITALS AND OTHER BLOOD CENTERS SERVED. DURING 2022, 132,922 BLOOD UNITS WERE COLLECTED. VERSITI PROVIDES CLINICAL DIAGNOSTIC TESTING SERVICES TO HOSPITALS, PHYSICIAN OFFICES AND OTHER REFERENCE LABORATORIES. DURING 2022, 33,726 TESTS WERE PERFORMED. VERSITI MEDICAL SERVICES PROVIDES MEDICAL AND THERAPEUTIC SERVICES IN PARTNERSHIP WITH LOCAL HOSPITALS. DURING 2022, 80 THERAPEUTIC PROCEDURES WERE PERFORMED.


VERSITI DONOR TESTING LABORATORY PROVIDES INFECTIOUS DISEASE TESTING TO DETERMINE DONOR SUITABILITY AND PRODUCT SAFETY FOR VERSITI AFFILIATES AND OTHER BLOOD CENTER PARTNERS. DURING 2022, 8,152,035 TESTS WERE PERFORMED.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Miskel
President & CEO
$270,149
Thomas Hauske Jr
Chair
$0
Fred Geilfuss
Vice Chair; Legal Advisor
$0
Sherry Husa
Secretary
$0
John Perras
Treasurer
$0
Coreen Dicus-Johnson JD
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Now Courier
Delivery Services
$294,502
Selzer-ornst Construction Company Llc
Contractor
$298,534
Keen Security & Investigative Services L
Security Services
$268,920
Invita Healthcare Technologies
Software Support
$258,799
Creative Testing Solutions
Testing Services
$244,320
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$709
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $12,475
All other contributions, gifts, grants, and similar amounts not included above$2,239
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$15,423
Total Program Service Revenue$80,959,735
Investment income $386,201
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,527,538
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $82,888,897

Grants Awarded

Over the last fiscal year, Versiti Indiana Inc has awarded $1,943,216 in support to 3 organizations.

Grant RecipientAmount

VERSITI BLOOD RESEARCH INSTITUTE FOUNDATION INC

PURPOSE: GENERAL SUPPORT

$1,800,000

COMMUNITY HEALTH NETWORK FOUNDATION INC

PURPOSE: GIVING GIG SPSHP

$19,580

THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER

PURPOSE: PROGRAM SUPPORT

$123,636
View Grant Profile

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