Civic Intelligence

Versiti Michigan Inc.

990 • Fiscal year 2011 • EIN 38-1550001

Jul 01, 2010 to Jun 30, 2011 • Filed on Sep 20, 2011

PO Box 170449501-1704
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.12x

Higher debt load relative to assets than 29% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$29,095,062

No earlier filing loaded for comparison.

Net Assets

$25,665,854

No earlier filing loaded for comparison.

Liabilities

$3,429,208

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$36,224,282

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $29,095,062Liabilities 2011: $3,429,208Net Assets 2011: $25,665,8542011Assets 2012: $29,624,512Liabilities 2012: $3,842,689Net Assets 2012: $25,781,8232012Assets 2013: $32,996,918Liabilities 2013: $3,429,026Net Assets 2013: $29,567,8922013Assets 2014: $33,713,554Liabilities 2014: $4,246,457Net Assets 2014: $29,467,0972014Assets 2015: $34,842,679Liabilities 2015: $6,284,042Net Assets 2015: $28,558,6372015Assets 2016: $35,404,153Liabilities 2016: $6,672,254Net Assets 2016: $28,731,8992016Assets 2017: $37,358,913Liabilities 2017: $6,534,165Net Assets 2017: $30,824,7482017Assets 2018: $34,281,735Liabilities 2018: $5,106,361Net Assets 2018: $29,175,3742018Assets 2019: $33,870,208Liabilities 2019: $4,210,048Net Assets 2019: $29,660,1602019Assets 2020: $38,388,950Liabilities 2020: $6,253,924Net Assets 2020: $32,135,0262020Assets 2021: $40,816,832Liabilities 2021: $5,133,321Net Assets 2021: $35,683,5112021Assets 2022: $40,583,920Liabilities 2022: $5,582,670Net Assets 2022: $35,001,2502022Assets 2023: $44,741,001Liabilities 2023: $6,084,583Net Assets 2023: $38,656,4182023Assets 2024: $49,437,276Liabilities 2024: $5,218,402Net Assets 2024: $44,218,8742024

Highlighted filing

2011

Assets$29,095,062
Liabilities$3,429,208
Net Assets$25,665,854

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2011: $36,224,2822011Revenue 2012: $41,439,374Expenses 2012: $41,476,347Net Income 2012: -$36,9732012Revenue 2013: $24,079,616Expenses 2013: $21,181,588Net Income 2013: $2,898,0282013Revenue 2014: $44,041,354Expenses 2014: $41,902,724Net Income 2014: $2,138,6302014Revenue 2015: $47,589,538Expenses 2015: $47,620,881Net Income 2015: -$31,3432015Revenue 2016: $56,801,975Expenses 2016: $57,065,989Net Income 2016: -$264,0142016Revenue 2017: $56,579,937Expenses 2017: $55,139,545Net Income 2017: $1,440,3922017Revenue 2018: $56,063,207Expenses 2018: $56,714,128Net Income 2018: -$650,9212018Revenue 2019: $58,063,694Expenses 2019: $59,125,807Net Income 2019: -$1,062,1132019Revenue 2020: $59,930,263Expenses 2020: $58,580,268Net Income 2020: $1,349,9952020Revenue 2021: $66,476,683Expenses 2021: $63,171,008Net Income 2021: $3,305,6752021Revenue 2022: $65,203,787Expenses 2022: $63,869,912Net Income 2022: $1,333,8752022Revenue 2023: $69,044,445Expenses 2023: $65,377,053Net Income 2023: $3,667,3922023Revenue 2024: $74,790,441Expenses 2024: $69,635,492Net Income 2024: $5,154,9492024

Highlighted filing

2011

Revenue-
Expenses$36,224,282
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Sep 20, 2011
Return Version
2010v3.2
Gross Receipts
$38,028,593
Mission and Program Overview

Mission

The purpose of michigan blood is to provide a safe and adequate blood supply and blood-related services for the communities served by hospital partners throughout the state. Michigan blood is the sole provider of blood for 41 hospital facilities. These hospitals include major medical centers (secondary- and tertiary-care teaching facilities) serving populations totaling more than 2.25 million people. Through donor centers and blood drives in northwest, east-central, west, and southwest michigan, michigan blood recruits and collects blood from volunteer donors to achieve its lifesaving mission. Annually, michigan blood collects approximately 124,000 units of blood from volunteer blood donors and distributes 238,000 blood components.

Filing and Contact Details

Filer

EIN
38-1550001
Raw XML AppendixShowing 400 of 734 raw XML fields

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IRS990/ActivityOrMissionDescription0HELPING PEOPLE MAKE A LIFESAVING DIFFERENCE THROUGH BLOOD PRODUCTS AND SERVICE EXCELLENCE
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IRS990/Description0ALLOGENEIC WHOLE-BLOOD DONATIONVOLUNTEER DONORS GIVE BLOOD AT BLOOD DRIVES AND PERMANENT DONOR CENTERS THROUGHOUT ALL REGIONS OF MICHIGAN BLOOD'S SERVICE AREA. SEE WWW.MIBLOOD.ORG FOR A COMPREHENSIVE LIST OF LOCATIONS.AUTOLOGOUS AND DIRECTED DONATION (DETAILS)BLOOD DONATIONS FOR ONE'S OWN PLANNED USE FOR ELECTIVE SURGERY, OR FOR ANOTHER SPECIFIC PERSON ARE ACCEPTED WITH DOCTOR'S ORDER.DONORS WITH HEMOCHROMATOSIS (DETAILS)MICHIGAN BLOOD HOLDS AN FDA VARIANCE TO ALLOW DONORS WITH HEMOCHROMATOSIS TO DONATE FOR THE VOLUNTEER BLOOD SUPPLY IF OTHERWISE ELIGIBLE.APHERESIS DONATION (DETAILS)SPECIAL APHERESIS EQUIPMENT MAKES IT POSSIBLE TO COLLECT ONE OR MORE SPECIFIC BLOOD COMPONENTS, WHILE RETURNING THE REMAINDER TO THE DONOR. APHERESIS ALLOWS A DONOR TO GIVE A GREATER QUANTITY OF ONE COMPONENT THAN IS POSSIBLE DURING STANDARD WHOLE BLOOD DONATION. THESE LARGER SPECIAL COMPONENTS CAN HELP REDUCE THE NUMBER OF DIFFERENT DONORS TO WHICH A PATIENT IS EXPOSED. THERAPEUTIC APHERESIS (DETAILS)PATIENTS WITH SOME DISEASES SUCH AS TTP, KIDNEY REJECTION, MYASTHENIA GRAVIS, SICKLE CELL DISEASE, OR LEUKEMIA CAN BE TREATED BY THE REMOVAL OF ONE OR MORE BLOOD COMPONENTS USING APHERESIS TECHNOLOGY. MICHIGAN BLOOD STAFF AND EQUIPMENT TRAVEL TO GRAND RAPIDS AREA HOSPITALS TO MAKE THIS SERVICE AVAILABLE AS NEEDED.BLOOD BUS (DETAILS)EACH MICHIGAN BLOOD REGION OPERATES A SELF-CONTAINED DONOR CENTER ON WHEELS. BLOOD BUSES EXPAND OUTREACH INTO SMALL COMMUNITIES THAT REPRESENT LARGE, SPARSELY POPULATED AREAS. IN URBAN AREAS, THE BLOOD BUSES ENABLE BLOOD DRIVE SPONSORSHIP BY GROUPS THAT LACK ON-SITE SPACE OR PERSONNEL TO HOST CONVENTIONAL BLOOD DRIVES. STEM CELL/CORD BLOOD BANK (DETAILS)MICHIGAN BLOOD CORD BLOOD BANK, THE FIRST OF ITS KIND IN MICHIGAN, HAS COLLECTED AND STORED BLOOD FROM MORE THAN 3,200 UMBILICAL CORDS. CORD BLOOD IS RICH IN STEM CELLS AND CORD BLOOD TRANSPLANTATION IS FINDING INCREASING APPLICATION IN CHILDREN AND ADULTS AROUND THE GLOBE SUFFERING FROM CERTAIN LIFE-THREATENING DISEASES. LOCAL AVAILABILITY OF STEM CELL COLLECTION, PROCESSING, STORAGE, AND PRE-TRANSPLANT PREPARATION SUPPORTS A LOCAL STEM CELL TRANSPLANT PROGRAM'S ABILITY TO OFFER ADVANCED MEDICAL CARE, INCREASING CONVENIENCE AND REDUCING STRESS FOR PATIENTS AND FAMILIES WHO PREVIOUSLY HAD TO TRAVEL LONG DISTANCES FOR TRANSPLANT SERVICES. CELLULAR THERAPY (DETAILS)MICHIGAN BLOOD COLLECTS MONONUCLEAR CELLS FROM PROSTATE CANCER PATIENTS TO BE PREPARED BY DENDREON INTO A PERSONALIZED "CANCER VACCINE." OTHER APPLICATIONS OF THIS CELLULAR THERAPY ARE IN THE RESEARCH AND APPROVAL PROCESS. MICHIGAN BLOOD ALSO COLLECTS AND PROCESSES PATIENT WHITE CELLS WITH UV LIGHT TO HELP TREAT GRAFT VS. HOST DISEASE AND CUTANEOUS T-CELL LYMPHOMA.DNA/HLA (DETAILS)THIS LABORATORY USES SPECIAL TECHNIQUES TO CONDUCT TISSUE-TYPING AT THE GENETIC CODE LEVEL TO EVALUATE DONOR-PATIENT COMPATIBILITY BEFORE TRANSPLANTATION. LOCAL AVAILABILITY OF THESE SERVICES HELPS DOCTORS RESPOND FASTER TO URGENT PATIENT NEEDS CAUSED BY AGGRESSIVE DISEASES. MICHIGAN BLOOD LABORATORY SERVICES CAN PROVIDE KEY INFORMATION IN JUST THREE TO FOUR DAYS; USING A DISTANT LAB SERVICE MAY MEAN WAITING SEVERAL WEEKS FOR THE SAME DATA. PATIENTS WITH TRANSFUSION/PREGNANCY-RELATED SENSITIVITIES ALSO BENEFIT FROM THE SERVICES OF THE DNA/HLA LABORATORY WHICH HELPS PHYSICIANS DIAGNOSE, TREAT AND FIND APPROPRIATE BLOOD PRODUCTS. THE DNA/HLA LABORATORY ALSO TYPES PLATELET APHERESIS DONORS TO IDENTIFY LIFE-SAVING MATCHES FOR PATIENTS NEEDING TRANSFUSION.RED CELL REFERENCE LABORATORY (DETAILS)PATIENTS WITH RARE BLOOD TYPES, UNUSUAL BLOOD NEEDS, OR COMPLEX TRANSFUSION-RELATED SENSITIVITIES BENEFIT FROM THE SERVICES OF THE RED CELL REFERENCE LABORATORY, WHICH PROVIDES INFORMATION THAT HELPS PHYSICIANS DIAGNOSE AND TREAT COMPLICATED CASES AND FIND RARE BLOOD TYPES FOR TRANSFUSION. THESE PATIENTS OFTEN ARE CRITICALLY ILL AND MAY SUFFER SERIOUS COMPLICATIONS (INCLUDING DEATH) WITHOUT SPECIAL LABORATORY SERVICES TO HELP THEIR DOCTORS ASSESS THE RISK
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IRS990/MissionDescription0THE PURPOSE OF MICHIGAN BLOOD IS TO PROVIDE A SAFE AND ADEQUATE BLOOD SUPPLY AND BLOOD-RELATED SERVICES FOR THE COMMUNITIES SERVED BY CLIENT HOSPITALS THROUGHOUT THE STATE. MICHIGAN BLOOD IS THE SOLE PROVIDER OF BLOOD FOR 32 HOSPITAL FACILITIES. THESE HOSPITALS INCLUDE MAJOR MEDICAL CENTERS (SECONDARY- AND TERTIARY-CARE TEACHING FACILITIES) SERVING POPULATIONS TOTALING MORE THAN 2.5 MILLION PEOPLE. THROUGH DONOR CENTERS AND BLOOD DRIVES IN NORTHWEST, EAST-CENTRAL, WEST, AND SOUTHWEST MICHIGAN. MICHIGAN BLOOD RECRUITS AND COLLECTS BLOOD FROM VOLUNTEER DONORS TO ACHIEVE ITS LIFESAVING MISSION. ANNUALLY, MICHIGAN BLOOD COLLECTS APPROXIMATELY 124,000 UNITS OF BLOOD FROM VOLUNTEER BLOOD DONORS AND DISTRIBUTES 238,000 BLOOD COMPONENTS.
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IRS990/NumberIndividualsGT100K04
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees0546
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral0120329
IRS990/Occupancy/ProgramServices0800342
IRS990/Occupancy/Total0920671
IRS990/OfficeExpenses/Fundraising0173
IRS990/OfficeExpenses/ManagementAndGeneral0183304
IRS990/OfficeExpenses/ProgramServices0659439
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IRS990/OtherEmployeeBenefits/ProgramServices02088134
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IRS990/OtherExpenses/Description0BLOOD PRODUCT SUPPLIES
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IRS990/OtherExpenses/Description2DUES
IRS990/OtherExpenses/Description3DONOR RECOGNITION
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IRS990/OtherExpenses/ProgramServices1682010
IRS990/OtherExpenses/ProgramServices240542
IRS990/OtherExpenses/ProgramServices364405
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IRS990/OtherExpenses/Total1937227
IRS990/OtherExpenses/Total291283
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IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising044
IRS990/PayrollTaxes/ManagementAndGeneral0130049
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IRS990/PensionPlanContributions/ManagementAndGeneral085498
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IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years0417412
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IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years029455458
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years027818268
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IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years0510987
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years0455206
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years0417412
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IRS990ScheduleA/OtherIncome509/CurrentTaxYear018356
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IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years024882
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.4$5.22$44.2$74.8$69.6$5.15
2023Detailed filing. Detailed filing data is available for this year.$44.7$6.08$38.7$69.0$65.4$3.67
2022Detailed filing. Detailed filing data is available for this year.$40.6$5.58$35.0$65.2$63.9$1.33
2021Detailed filing. Detailed filing data is available for this year.$40.8$5.13$35.7$66.5$63.2$3.31
2020Detailed filing. Detailed filing data is available for this year.$38.4$6.25$32.1$59.9$58.6$1.35
2019Detailed filing. Detailed filing data is available for this year.$33.9$4.21$29.7$58.1$59.1$1.06
2018Summary only. Only limited summary data is available for this year.$34.3$5.11$29.2$56.1$56.7$0.65
2017Detailed filing. Detailed filing data is available for this year.$37.4$6.53$30.8$56.6$55.1$1.44
2016Detailed filing. Detailed filing data is available for this year.$35.4$6.67$28.7$56.8$57.1$0.26
2015Detailed filing. Detailed filing data is available for this year.$34.8$6.28$28.6$47.6$47.6$0.03
2014Detailed filing. Detailed filing data is available for this year.$33.7$4.25$29.5$44.0$41.9$2.14
2013Summary only. Only limited summary data is available for this year.$33.0$3.43$29.6$24.1$21.2$2.90
2012Summary only. Only limited summary data is available for this year.$29.6$3.84$25.8$41.4$41.5$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.1$3.43$25.7$36.2