Carter Bloodcare
- Assets
- $110.4m
- Revenue
- $147.3m
- Investments
- $901.1k
- Employees
- 1,186
- Location
- Bedford, TX
- Founding
- 12/1964
- Data as of
- 12/2023
- EIN
- 75-1035606
Organization Overview
Carter Bloodcare is located in Bedford, TX. The organization was established in 1964. 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 12/2023, Carter Bloodcare employed 1,186 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carter Bloodcare 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 12/2023, Carter Bloodcare generated $147.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $144.5m during the year ending 12/2023. While expenses have increased by 3.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CARTER BLOODCARE SAVES LIVES BY MAKING TRANSFUSION POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARTER BLOODCARE IS THE PRIMARY PROVIDER OF BLOOD COMPONENTS AND TRANSFUSION SERVICES FOR MORE THAN 200 TEXAS HEALTH CARE FACILITIES. THESE FACILITIES INCLUDE OUR REGION'S CHILDREN'S HOSPITALS, CENTRAL TRAUMA CENTERS, MAJOR CANCER CENTERS, AND TRANSPLANT CENTERS.IN 2023, CARTER BLOODCARE PROVIDED OVER 440,000 BLOOD COMPONENTS FOR AREA PATIENTS. PHYSICIANS ORDER BLOOD FOR MANY PATIENTS EACH DAY WITHIN CARTER BLOODCARE'S SERVICE AREA, AND MOST PATIENTS RECEIVE MORE THAN ONE TRANSFUSION.CARTER BLOODCARE OFFERS BLOOD DONORS AND PATIENTS MANY CONVENIENT DONATION OPPORTUNITIES AT OUR NETWORK OF 25 DONOR CENTERS THROUGHOUT NORTH, CENTRAL AND EAST TEXAS. WE ALSO OPERATE AN AVERAGE OF 20-25 DAILY BLOOD DRIVES IN THE COMMUNITY. TO MEET THE NEEDS OF PATIENTS, WE MUST REGISTER ABOUT 1,000 BLOOD DONORS EACH DAY.IN ADDITION TO PROVIDING BLOOD COMPONENTS FOR PATIENTS, CARTER BLOODCARE ALSO PROVIDES SPECIALIZED LABORATORY AND PATIENT CARE SERVICES AND PHYSICIAN CONSULTATION. CARTER BLOODCARE PARTICIPATES IN THE EDUCATION OF PROFESSIONALS IN TRANSFUSION MEDICINE AND MEDICAL TECHNOLOGISTS SPECIALIZING IN BLOOD BANKING.CARTER BLOODCARE SAVES LIVES BY MAKING TRANSFUSION POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merlyn H Sayers Mbbch PHD CEO | Officer | 50 | $941,277 |
Shankar Goudar Cio | Officer | 50 | $414,142 |
Billy Smith VP Regional Ops | Officer | 50 | $379,194 |
William Crews Medical Director | 50 | $346,983 | |
Frances Compton Medical Director | 50 | $288,835 | |
Nicole DE Simone Medical Director | 50 | $306,757 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Creative Testing Solutions Testing | 12/30/23 | $11,634,129 |
Star Delivery Service Delivery | 12/30/23 | $1,708,342 |
C & D Couriers Inc Courier Pickup | 12/30/23 | $668,594 |
Jennifer Eileen England Dba 717 Media Group Advertising | 12/30/23 | $660,189 |
Star Delivery Of East Texas Delivery | 12/30/23 | $505,505 |
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 | $745,216 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $745,216 |
| Total Program Service Revenue | $143,835,984 |
| Investment income | $1,472,744 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $738,871 |
| Net Rental Income | $434,292 |
| Net Gain/Loss on Asset Sales | $41,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $147,283,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $750,000 |
| 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. | $4,882,863 |
| Compensation of current officers, directors, key employees. | $2,971,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,963,610 |
| Pension plan accruals and contributions | $2,133,561 |
| Other employee benefits | $9,486,814 |
| Payroll taxes | $4,369,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $264,282 |
| Fees for services: Accounting | $69,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $922,192 |
| Advertising and promotion | $1,488,661 |
| Office expenses | $30,417,187 |
| Information technology | $2,342,454 |
| Royalties | $0 |
| Occupancy | $5,078,395 |
| Travel | $942,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $144,415 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,357,684 |
| Insurance | $966,532 |
| All other expenses | $0 |
| Total functional expenses | $144,534,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,937,201 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,540,975 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,996,614 |
| Prepaid expenses and deferred charges | $2,835,768 |
| Net Land, buildings, and equipment | $47,272,934 |
| Investments—publicly traded securities | $578,728 |
| Investments—other securities | $901,090 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,335,495 |
| Total assets | $110,398,805 |
| Accounts payable and accrued expenses | $11,794,730 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,114,459 |
| 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 | $12,080,384 |
| Total liabilities | $25,989,573 |
| Net assets without donor restrictions | $81,649,393 |
| Net assets with donor restrictions | $2,759,839 |
| 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 | $110,398,805 |