Texoma Regional Blood Center
- Assets
- $3.5m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 32
- Location
- Sherman, TX
- Founding
- 01/1975
- Data as of
- 09/2022
- EIN
- 75-1463651
Organization Overview
Texoma Regional Blood Center is located in Sherman, TX. The organization was established in 1975. 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 09/2022, Texoma Regional Blood Center employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texoma Regional 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 09/2022, Texoma Regional Blood Center generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $3.2m during the year ending 09/2022. While expenses have increased by 2.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLLECTION, PROCESSING, AND SELLING OF BLOOD AND BLOOD COMPONENTS TO AREA HOSPITALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION, PROCESSING, AND SELLING OF BLOOD AND BLOOD COMPONENTS TO AREA HOSPITALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Braddock Executive Direc | Officer | 40 | $98,484 |
Kathy Matthews Chairman | OfficerTrustee | 0 | $0 |
Christine Weinzapfel Vice Chairman | OfficerTrustee | 0 | $0 |
Barr Antilla Treasurer | OfficerTrustee | 0 | $0 |
Judy Kelley Trustee | Trustee | 0 | $0 |
Susan Baker Trustee | Trustee | 0 | $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 | $85,878 |
| Noncash contributions included in lines 1a–1f | $60,955 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,878 |
| Total Program Service Revenue | $3,055,890 |
| Investment income | $69,361 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,173 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,259,302 |
| 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. | $98,484 |
| Compensation of current officers, directors, key employees. | $29,545 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $716,631 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $161,864 |
| Payroll taxes | $67,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,380 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,452 |
| Office expenses | $23,925 |
| Information technology | $37,814 |
| Royalties | $0 |
| Occupancy | $152,154 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,410 |
| Interest | $1,139 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,784 |
| Insurance | $23,789 |
| All other expenses | $81,026 |
| Total functional expenses | $3,152,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,463 |
| Savings and temporary cash investments | $194,599 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $188,152 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $101,203 |
| Prepaid expenses and deferred charges | $26,832 |
| Net Land, buildings, and equipment | $354,865 |
| Investments—publicly traded securities | $1,744,762 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $608,401 |
| Total assets | $3,469,277 |
| Accounts payable and accrued expenses | $192,500 |
| 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 | $19,539 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,684 |
| Total liabilities | $214,723 |
| Net assets without donor restrictions | $3,241,221 |
| Net assets with donor restrictions | $13,333 |
| 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 | $3,469,277 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texoma Regional Blood Center has recieved totaling $61.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Bend Blood Center Corpus Christi, TX | $23,138,757 | $12,101,189 |
Texoma Regional Blood Center Sherman, TX | $3,469,277 | $3,259,302 |
The Blood & Tissue Center Foundation San Antonio, TX | $824,644 | $805,133 |
Alliance For Community Transfusion Services Llc Bedford, TX | $1,059,125 | $581,241 |
Oklahoma Mothers Milk Bank Inc Oklahoma City, OK | $1,060,952 | $559,248 |
Coffee Memorial Blood Center Foundation Amarillo, TX | $7,797,326 | $578,918 |
Lifeshare Blood Centers Foundation Shreveport, LA | $11,282,600 | $758,934 |
Northwest Oklahoma Blood Institute Enid, OK | $2,154,614 | $280,672 |