Northern Illinois Blood Bank Inc
- Assets
- $12.4m
- Revenue
- $11.2m
- Investments
- $32.4k
- Employees
- 106
- Location
- Rockford, IL
- Founding
- 06/1955
- Data as of
- 06/2024
- EIN
- 36-2334632
Organization Overview
Northern Illinois Blood Bank Inc, operating under the name Rock River Valley Blood Center, is located in Rockford, IL. The organization was established in 1955. 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 06/2024, Rock River Valley Blood Center employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock River Valley Blood Center 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 06/2024, Rock River Valley Blood Center generated $11.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $11.4m during the year ending 06/2024. While expenses have increased by 1.7% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ROCK RIVER VALLEY BLOOD CENTER, IN PARTNERSHIP WITH OUR COMMUNITY, IS DEDICATED TO PROVIDING SAFE, HIGH VALUE BLOOD PRODUCTS AND SERVICES TO PEOPLE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL REVENUES AND SERVICES OF THE BLOOD CENTER ARE ATTRIBUTABLE TO ITS BLOOD SERVICES PROGRAM OF PROVIDING THE COMMUNITY AND THOSE IN NEED WITH SAFE, HIGH VALUE BLOOD AND BLOOD PRODUCTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Malkow Acting Chairman | OfficerTrustee | 0.25 | $0 |
Billy Gregory Treasurer | OfficerTrustee | 0.25 | $0 |
W Stephen Minore MD Treasurer/acting Vice-Chai | OfficerTrustee | 0.25 | $0 |
Wendy Lawler Secretary | OfficerTrustee | 0.2 | $0 |
John Dorsey MD Director | Trustee | 0.13 | $0 |
Mary Linn Green Director | Trustee | 0.13 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quick Delivery Service Inc Delivery Services | 6/29/24 | $274,768 |
National Blood Testing Cooperative Blood Testing | 6/29/24 | $1,124,867 |
Hema Terra Techologies Llc Dba Invita H Software Platform Support And Licensing | 6/29/24 | $141,613 |
Blood Bank Computer Systems Inc Biologics Management Software Solutions | 6/29/24 | $101,299 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,640 |
| Total Program Service Revenue | $10,800,327 |
| Investment income | $69,681 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,037 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,193,471 |
| 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. | $173,111 |
| Compensation of current officers, directors, key employees. | $173,111 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,258,642 |
| Pension plan accruals and contributions | $68,598 |
| Other employee benefits | $511,952 |
| Payroll taxes | $328,053 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,916 |
| Fees for services: Accounting | $61,749 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $17,039 |
| Fees for services: Other | $0 |
| Advertising and promotion | $336,180 |
| Office expenses | $103,499 |
| Information technology | $335,730 |
| Royalties | $0 |
| Occupancy | $392,020 |
| Travel | $93,436 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $477,268 |
| Insurance | $163,119 |
| All other expenses | $982,734 |
| Total functional expenses | $11,435,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,777 |
| Savings and temporary cash investments | $105,590 |
| Pledges and grants receivable | $50,000 |
| Accounts receivable, net | $1,704,402 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $194,217 |
| Inventories for sale or use | $617,439 |
| Prepaid expenses and deferred charges | $291,903 |
| Net Land, buildings, and equipment | $4,218,782 |
| Investments—publicly traded securities | $2,662,283 |
| Investments—other securities | $32,377 |
| Investments—program-related | $897,326 |
| Intangible assets | $0 |
| Other assets | $1,248,233 |
| Total assets | $12,381,329 |
| Accounts payable and accrued expenses | $665,565 |
| 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 | $200,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $899,209 |
| Total liabilities | $1,764,774 |
| Net assets without donor restrictions | $10,566,555 |
| Net assets with donor restrictions | $50,000 |
| 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 | $12,381,329 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeserve Blood Center Johnston, IA | $80,851,188 | $47,032,025 |
Kentucky Blood Center Inc Lexington, KY | $45,903,202 | $36,301,055 |
Community Blood Center Inc Appleton, WI | $32,424,281 | $20,016,205 |
Community Blood Center Of The Ozarks Springfield, MO | $30,431,959 | $21,199,939 |
Northern Illinois Blood Bank Inc Rockford, IL | $12,381,329 | $11,193,471 |
Blood Center Of Northcentral Wisconsin Inc Wausau, WI | $5,589,265 | $3,775,847 |
Western Kentucky Regional Blood Center Inc Owensboro, KY | $3,508,441 | $3,589,756 |
Greenwood Band Parents Organization Inc Greenwood, IN | $128,331 | $180,385 |
Hemophilia Of Iowa Inc Des Moines, IA | $421,465 | $189,415 |
South Central Association Of Blood Banks Lexington, KY | $192,648 | $179,117 |
Educational & Scientific Fdtn Of The Ill State Medical Society Inc Chicago, IL | $2,298,972 | $114,545 |
Comprehensive Bleeding Disorders Center Dunlap, IL | $776,923 | $0 |
Blood4us Naperville, IL | $1,050 | $0 |