Civic Intelligence

Kentucky Blood Center Inc

EIN 61-6058138 • 501(c)3 • Lexington, KY

View Organization Page

Profile

To coordinate the collection and distribution of blood and blood components in order to alleviate public suffering from blood and other ailments.

3121 Beaumont Centre CircleLexington, KY 40513

www.kybloodcenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.06x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.09x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

61st percentile

9.2%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$551,996

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

65th percentile

10.0%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

7.1%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$51,065,534

Up $4,630,488 (+10.0%) from 2023

Liabilities

Up

$3,242,960

Up $687,242 (+27%) from 2023

Net Assets

Up

$47,822,574

Up $3,943,246 (+9.0%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin61st percentile

Revenue

Up

$36,907,670

Up $2,456,623 (+7.1%) from 2023

Expenses

Down

$33,514,183

Down $247,113 (-0.7%) from 2023

Net Income

Up

$3,393,487

Up $2,703,736 (+392%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $25,154,940Liabilities 2010: $2,426,328Net Assets 2010: $22,728,6122010Assets 2011: $26,447,658Liabilities 2011: $1,704,954Net Assets 2011: $24,742,7042011Assets 2012: $28,564,754Liabilities 2012: $1,964,504Net Assets 2012: $26,600,2502012Assets 2013: $30,015,684Liabilities 2013: $1,834,990Net Assets 2013: $28,180,6942013Assets 2014: $33,535,725Liabilities 2014: $1,823,134Net Assets 2014: $31,712,5912014Assets 2015: $34,082,488Liabilities 2015: $1,791,710Net Assets 2015: $32,290,7782015Assets 2016: $34,802,753Liabilities 2016: $1,754,481Net Assets 2016: $33,048,2722016Assets 2017: $36,107,290Liabilities 2017: $1,911,426Net Assets 2017: $34,195,8642017Assets 2018: $38,486,945Liabilities 2018: $2,440,542Net Assets 2018: $36,046,4032018Assets 2019: $39,674,946Liabilities 2019: $2,323,283Net Assets 2019: $37,351,6632019Assets 2020: $42,520,646Liabilities 2020: $5,407,279Net Assets 2020: $37,113,3672020Assets 2021: $45,903,202Liabilities 2021: $4,983,204Net Assets 2021: $40,919,9982021Assets 2022: $45,140,825Liabilities 2022: $2,535,059Net Assets 2022: $42,605,7662022Assets 2023: $46,435,046Liabilities 2023: $2,555,718Net Assets 2023: $43,879,3282023Assets 2024: $51,065,534Liabilities 2024: $3,242,960Net Assets 2024: $47,822,5742024

Highlighted filing

2024

Assets$51,065,534
Liabilities$3,242,960
Net Assets$47,822,574
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0Expenses 2010: $25,537,5432010Expenses 2011: $25,942,1332011Expenses 2012: $26,998,3682012Revenue 2013: $27,431,246Expenses 2013: $26,028,491Net Income 2013: $1,402,7552013Revenue 2014: $28,391,266Expenses 2014: $25,103,988Net Income 2014: $3,287,2782014Revenue 2015: $26,276,433Expenses 2015: $25,502,973Net Income 2015: $773,4602015Revenue 2016: $25,724,712Expenses 2016: $25,157,103Net Income 2016: $567,6092016Revenue 2017: $28,070,156Expenses 2017: $27,214,422Net Income 2017: $855,7342017Revenue 2018: $30,563,640Expenses 2018: $28,775,556Net Income 2018: $1,788,0842018Revenue 2019: $33,241,641Expenses 2019: $31,814,632Net Income 2019: $1,427,0092019Revenue 2020: $31,328,518Expenses 2020: $31,067,301Net Income 2020: $261,2172020Revenue 2021: $36,301,055Expenses 2021: $34,484,768Net Income 2021: $1,816,2872021Revenue 2022: $37,261,354Expenses 2022: $34,031,954Net Income 2022: $3,229,4002022Revenue 2023: $34,451,047Expenses 2023: $33,761,296Net Income 2023: $689,7512023Revenue 2024: $36,907,670Expenses 2024: $33,514,183Net Income 2024: $3,393,4872024

Highlighted filing

2024

Revenue$36,907,670
Expenses$33,514,183
Net Income$3,393,487
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$51,065,534
Liabilities
$3,242,960
Net assets
$47,822,574
Revenue
$36,907,670
Expenses
$33,514,183
Net income
$3,393,487
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.1$3.24$47.8$36.9$33.5$3.39
2023Summary only. Only limited summary data is available for this year.$46.4$2.56$43.9$34.5$33.8$0.69
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.1$2.54$42.6$37.3$34.0$3.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.9$4.98$40.9$36.3$34.5$1.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.5$5.41$37.1$31.3$31.1$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.7$2.32$37.4$33.2$31.8$1.43
2018Summary only. Only limited summary data is available for this year.$38.5$2.44$36.0$30.6$28.8$1.79
2017Summary only. Only limited summary data is available for this year.$36.1$1.91$34.2$28.1$27.2$0.86
2016Summary only. Only limited summary data is available for this year.$34.8$1.75$33.0$25.7$25.2$0.57
2015Detailed filing. Detailed filing data is available for this year.$34.1$1.79$32.3$26.3$25.5$0.77
2014Detailed filing. Detailed filing data is available for this year.$33.5$1.82$31.7$28.4$25.1$3.29
2013Summary only. Only limited summary data is available for this year.$30.0$1.83$28.2$27.4$26.0$1.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$1.96$26.6$27.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.4$1.70$24.7$25.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$2.43$22.7$25.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$37,058,780
Mission and Program Overview

Mission

At kentucky blood center, our mission is to ensure a safe and abundant supply of lifegiving blood to the hospitals we serve. We are here to support our local communities in any way that we are able by being an integral and valued partner in the healthcare arena.

To coordinate the collection and distribution of blood and blood components

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$14,618,584$16,549,509▲ $1,930,925
Land, Buildings, and Equipment, Net$14,016,835$14,773,890▲ $757,055
Accounts Receivable$4,158,542$4,420,185▲ $261,643
Inventories for Sale or Use$2,251,109$2,583,007▲ $331,898
Investments Other Securities$647,734$752,779▲ $105,045
Investments in Publicly Traded Securities$409,730$428,964▲ $19,234
Prepaid Expenses and Deferred Charges$401,135$367,229▼ $33,906
Total Assets$46,435,046$51,065,534▲ $4,630,488
Other Assets Total$9,931,377$11,189,971▲ $1,258,594
Liabilities
Accounts Payable and Accrued Expenses$2,136,911$2,718,083▲ $581,172
Other Liabilities$406,150$524,528▲ $118,378
Deferred Revenue$12,657$349▼ $12,308
Total Liabilities$2,555,718$3,242,960▲ $687,242
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$43,879,328$47,822,574▲ $3,943,246
Total Net Assets Fund Balance$43,879,328$47,822,574▲ $3,943,246
Total Liabilities and Net Assets / Fund Balance$46,435,046$51,065,534▲ $4,630,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,874,014$4,187,881$12,061,895
Equipment$2,431,482$9,130,156$11,561,638
Land$3,531,767-$3,531,767
Leasehold Improvements$936,627$1,486,223$2,422,850
Other Assets Org$10,665,443--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William ReedPresident/CEOFT$477,907$74,089$551,996
Michelle VishCFO/VP & Treasurer of the BoardFT$198,145$50,914$249,059
Liz CountsVP, Technical ServicesFT$163,865$17,915$181,780
Julie HillmanVP, Human ResourcesFT$150,959$16,922$167,881
Kim TurnerVP, Quality and RegulatoryFT$128,670$38,670$167,340
Liz BeckerAssistant VP, Donor ServicesFT$144,337$16,163$160,500
Lisa HonakerVP, Information TechnologyFT$144,468$15,322$159,790
Jill BallSecretary of BoardFT$82,177$24,092$106,269

Board Members and Trustees

NameTitle
Gregory Robbins MdChairman
Angela Dearinger MdLms President
Hope Cottrill MdLms President Elect
David Bensema MdVice Chairman
Amanda Mays BledsoeDirector
Barry MayfieldDirector
Charles Papp MdDirector
Christine Meece MdDirector
Daniel McmahanDirector
David TurnerDirector
Harry RichartDirector
Harvie WilkinsonDirector
Mamata Majmundar MdDirector
Michele RipleyDirector
Scott Stevens MdDirector
Edgar Sam Mcgee MdHonorary Director
Dennis WilliamsMedical Director

Highest Paid Contractors

ContractorServicesLocationCompensation
National Blood Testing CollaborativeTesting Services1625 ROCK MOUNTAIN BLVD, Stone Mountain, GA 30083$2,753,618
Al Post INCConstruction11801 ELECTRON DR, Louisville, KY 40299$606,768
Ky Medical Services FoundationMedical Director ServicesPO BOX 587, Lexington, KY 40586-0587$239,600
BbcsSoftware Maintenance7206 VANDERMARK RD E, Bonney Lake, WA 98391$215,052
C&r AsphaltParking Lot ConstructionPO BOX 8201, Lexington, KY 40586-0587$170,100
Revenue and Support

Revenue Composition

Contributions and Grants
$60,179
Program Service Revenue
$35,068,316
Investment Income
$1,542,168
Other Revenue
$237,007
All Other Contributions
$60,179
Change in Net Assets
$3,393,487

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3,059$35,132Fair Market Value (FMV)
Other Non Cash Contri Table502$20,750Fair Market Value (FMV)
Other Non Cash Contri Table50$500Fair Market Value (FMV)
Food Inventory334$298Fair Market Value (FMV)
Total Noncash Contributions3,945$56,680-

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,878,778
Revenue Not Reported on Financial Statements
$28,892
Revenue Not Reported on Form 990
$700,869
Total Revenue per Audited Statements
$37,579,647
Total Revenue per Form 990
$36,907,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,915,167
Salaries, Compensation, and Employee Benefits$16,530,749
Grants and Similar Amounts Paid$68,267
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,158,998$2,480,433-$12,639,431
Fees for Services Other$2,958,295$31,292-$2,989,587
Depreciation Depletion$961,675$389,093-$1,350,768
Occupancy$1,109,390$136,212-$1,245,602
Advertising$1,170,186--$1,170,186
Other Employee Benefits$910,734$222,124-$1,132,858
Payroll Taxes$791,727$197,233-$988,960
Current Officers, Directors, Trustees, and Key Employees$711,179$237,060-$948,239
Pension Plan Contributions$661,314$159,947-$821,261
Other Expenses$597,130$71,000-$668,130
Office Expenses$581,708$3,360-$585,068
Information Technology$389,994$152,508-$542,502
All Other Expenses$397,948$77,410-$475,358
Insurance$283,166$79,867-$363,033
Travel$224,121$9,998-$234,119
Fees for Services Accounting-$162,765-$162,765
Grants to Domestic Individuals$68,267--$68,267
Conferences and Meetings$12,534$21,117-$33,651
Fees for Service Investment Mgmnt Fees-$28,892-$28,892
Fees for Services Legal$23,359--$23,359
Total Functional Expenses$28,953,948$4,560,235$0$33,514,183

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$33,636,401
Total Expenses per Form 990$33,514,183
Expenses per Audited Statements$33,485,291
Expenses Not Reported on Form 990$151,110
Expenses Not Reported on Financial Statements$28,892
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$524,528
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 will be given to the entire board for review and approval.”

Form 990, Part VI, Section B, Line 12C

“All board members and key employees are required to sign a conflict of interest statement at the first board meeting of each year. The organization's conflict of interest statement is located in its by-laws.”

Form 990, Part VI, Section B, Line 15

“The organization's board analyzes data from industry surveys as well as various forms 990 in order to gather data used in the compensation setting process of its ceo and key employees.”

Form 990, Part VI, Section C, Line 19

“The organization's 990, governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Kentucky Blood Center Inc
EIN
61-6058138
Phone
8592762534
Address
3121 BEAUMONT CENTRE CIRCLE, LEXINGTON, KY 40513

Signing Officer

Name
William Reed
Title
President/CEO
Phone
8592762534
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Reed
Formed
1968
Legal Domicile
Ky
Voting Board Members
18
Independent Board Members
17
Employees
337
Volunteers
17

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
250 W MAIN STREET STE 1400, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The process pertaining to the selection of an independent accountant and oversight of the audit of the financial statements has not changed from the prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 151,110.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 151,110.”

Raw XML AppendixShowing 400 of 867 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm3JULIE HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4KIM TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm5LIZ BECKER
IRS990/Form990PartVIISectionAGrp/PersonNm6LISA HONAKER
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IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID BENSEMA MD
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IRS990/Form990PartVIISectionAGrp/PersonNm15DANIEL MCMAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm16SCOTT STEVENS MD
IRS990/Form990PartVIISectionAGrp/PersonNm17HARRY RICHART
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHELE RIPLEY
IRS990/Form990PartVIISectionAGrp/PersonNm19AMANDA MAYS BLEDSOE
IRS990/Form990PartVIISectionAGrp/PersonNm20CHARLES PAPP MD
IRS990/Form990PartVIISectionAGrp/PersonNm21MAMATA MAJMUNDAR MD
IRS990/Form990PartVIISectionAGrp/PersonNm22ANGELA DEARINGER MD
IRS990/Form990PartVIISectionAGrp/PersonNm23HOPE COTTRILL MD
IRS990/Form990PartVIISectionAGrp/PersonNm24EDGAR SAM MCGEE MD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO/VP & TREASURER OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP, TECHNICAL SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP, HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP, QUALITY AND REGULATORY
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSISTANT VP, DONOR SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP, INFORMATION TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY OF BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEDICAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22LMS PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23LMS PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt24HONORARY DIRECTOR
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IRS990/MissionDesc0AT KENTUCKY BLOOD CENTER, OUR MISSION IS TO ENSURE A SAFE AND ABUNDANT SUPPLY OF LIFEGIVING BLOOD TO THE HOSPITALS WE SERVE. WE ARE HERE TO SUPPORT OUR LOCAL COMMUNITIES IN ANY WAY THAT WE ARE ABLE BY BEING AN INTEGRAL AND VALUED PARTNER IN THE HEALTHCARE ARENA.
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IRS990/OtherExpensesGrp/Desc0BLOOD IMPORTS
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IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
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