Dak-Minn Blood Bank
- Assets
- $328.6k
- Revenue
- $112.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 02/1987
- Data as of
- 12/2021
- EIN
- 36-3453164
Organization Overview
Dak-Minn Blood Bank is located in Grand Forks, ND. The organization was established in 1987. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dak-Minn Blood Bank 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 12/2021, Dak-Minn Blood Bank generated $112.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $84.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BLOOD AND ITS DERIVATIVES TO PATIENTS AND INSTITUTIONS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACQUISITION, PROCESSING AND DISTRIBUTION OF BLOOD AND BLOOD DERIVATIVES TO HEALTHCARE FACILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike St Onge President | OfficerTrustee | 1 | $0 |
Joel Arnason Vice President | OfficerTrustee | 1 | $0 |
Phil Kraemer Treasurer | OfficerTrustee | 1 | $0 |
Gerald Bass Secretary | OfficerTrustee | 1 | $0 |
Terri Hintz Donor Center Supervisor | OfficerTrustee | 20 | $0 |
Dale Neppel Member | Trustee | 1 | $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 | $459 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $459 |
| Total Program Service Revenue | $110,621 |
| Investment income | $1,588 |
| 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 | $112,668 |
| 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. | $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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $78,545 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $84,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $255,845 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,750 |
| 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 | $328,595 |
| Accounts payable and accrued expenses | $19,117 |
| 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 | $19,117 |
| Net assets without donor restrictions | $309,478 |
| 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 | $328,595 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dak-Minn Blood Bank has recieved totaling $6,006.
| Awarding Organization | Amount |
|---|---|
Altru Health Foundation Grand Forks, ND PURPOSE: FACILITY ENHANCEMENTS, PROGRAM SUPPORT | $6,006 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graceville Health Center Graceville, MN | $5,039,622 | $9,748,613 |
Sharon S Richardson Community Hospice Inc Sheboygan Falls, WI | $14,309,775 | $11,390,948 |
Morris Health Services Morris, MN | $9,143,705 | $10,207,568 |
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |
Liberty County Hospital And Nursing Home Inc Chester, MT | $12,173,365 | $13,056,537 |
Beulah Community Nursing Home Beulah, ND | $9,353,635 | $10,834,879 |
Daniels Memorial Hospital Scobey, MT | $9,757,742 | $12,630,463 |
Rainbow Health Minnesota St Paul, MN | $2,857,145 | $9,913,931 |
Good Neighbor Community Health Center Columbus, NE | $3,785,700 | $11,406,577 |
Mother Of Mercy Albany, MN | $9,496,821 | $9,924,077 |
Intermountain Planned Parenthood Inc Billings, MT | $5,577,016 | $8,791,620 |
Lakeview Methodist Health Care Center Fairmont, MN | $33,007,495 | $10,103,045 |