Houchin Community Blood Bank
- Assets
- $11.1m
- Revenue
- $18.0m
- Investments
- $6.0m
- Employees
- 126
- Location
- Bakersfield, CA
- Founding
- 11/1954
- Data as of
- 12/2023
- EIN
- 95-1726412
Organization Overview
Houchin Community Blood Bank is located in Bakersfield, CA. 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 12/2023, Houchin Community Blood Bank employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houchin Community 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 12/2023, Houchin Community Blood Bank generated $18.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $18.7m during the year ending 12/2023. While expenses have increased by 5.0% 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
NONPROFIT BLOOD BANK
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT-FOR-PROFIT BLOOD BANK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Shambaugh MD Medical Director | Trustee | 1 | $0 |
Steven Chen MD Director | Trustee | 1 | $0 |
Ken Jones Director | Trustee | 1 | $0 |
Greg Williams MD Director | Trustee | 1 | $0 |
Dan Clifford Director | Trustee | 1 | $0 |
Joseph C Engel Chairman Of The Board | Officer | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,852,424 |
| Investment income | $112,742 |
| 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 | $18,020,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,700 |
| 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. | $338,462 |
| Compensation of current officers, directors, key employees. | $338,462 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,596,243 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $770,048 |
| Payroll taxes | $376,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,881 |
| Fees for services: Accounting | $37,889 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $887,802 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $337 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $237,144 |
| Insurance | $417,273 |
| All other expenses | $1,200,613 |
| Total functional expenses | $18,707,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $360,584 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,947,139 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $420,270 |
| Prepaid expenses and deferred charges | $133,359 |
| Net Land, buildings, and equipment | $589,106 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,017,965 |
| Investments—program-related | $512,747 |
| Intangible assets | $0 |
| Other assets | $91,973 |
| Total assets | $11,073,143 |
| Accounts payable and accrued expenses | $1,779,782 |
| 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 | $80,590 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $600,992 |
| Total liabilities | $2,461,364 |
| Net assets without donor restrictions | $8,611,779 |
| 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 | $11,073,143 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central California Blood Center Fresno, CA | $40,190,279 | $28,107,610 |
Houchin Community Blood Bank Bakersfield, CA | $11,073,143 | $18,020,058 |
Blood Bank Of Hawaii Honolulu, HI | $23,636,921 | $21,436,743 |
Northern California Community Blood Bank Eureka, CA | $4,397,672 | $5,325,737 |
International Council For Commonality In Blood Banking Auto San Bernardino, CA | $4,745,094 | $2,368,810 |
Hawaii Cord Blood Bank Honolulu, HI | $5,263,241 | $622,662 |
Houchin Community Foundation Bakersfield, CA | $14,632,537 | $396,957 |
Blood Bank Real Property Inc Honolulu, HI | $4,506,868 | $172,476 |
Coachella Valley Wellness Foundation Rancho Mirage, CA | $968,666 | $20,307 |
California Blood Bank Society Lodi, CA | $99,284 | $0 |