Civic Intelligence

The Blood Center

EIN 72-0725401 • 501(c)3 • New Orleans, LA

View Organization Page

Profile

The blood center is a non-profit, community service organization guided by a volunteer, independent 18-member board of directors, comprised of community leaders and hospital representatives. The staff is composed of over 200 professionals, (continued on schedule o)

2609 Canal StreetNew Orleans, LA 70119

thebloodcenter.org

Siviq Scores

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

Liabilities / Assets

28th percentile

0.06x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.10x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

57th percentile

7.1%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

60th percentile

8.6%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.4%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$48,477,729

Up $3,835,769 (+8.6%) from 2023

Liabilities

Down

$2,743,796

Down $91,933 (-3.2%) from 2023

Net Assets

Up

$45,733,933

Up $3,927,702 (+9.4%) from 2023

Operations
Liabilities / Revenue24th percentileNet Margin57th percentile

Revenue

Up

$27,990,976

Up $1,681,544 (+6.4%) from 2023

Expenses

Up

$25,990,097

Up $1,725,732 (+7.1%) from 2023

Net Income

Down

$2,000,879

Down $44,188 (-2.2%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$60M$40M$20M$0Assets 2010: $26,285,363Liabilities 2010: $7,095,653Net Assets 2010: $19,189,7102010Assets 2011: $28,013,980Liabilities 2011: $6,142,366Net Assets 2011: $21,871,6142011Assets 2012: $27,998,930Liabilities 2012: $5,818,843Net Assets 2012: $22,180,0872012Assets 2013: $28,169,977Liabilities 2013: $5,779,996Net Assets 2013: $22,389,9812013Assets 2014: $27,159,174Liabilities 2014: $4,741,818Net Assets 2014: $22,417,3562014Assets 2015: $26,008,631Liabilities 2015: $5,171,004Net Assets 2015: $20,837,6272015Assets 2016: $25,173,929Liabilities 2016: $5,354,840Net Assets 2016: $19,819,0892016Assets 2017: $29,130,813Liabilities 2017: $3,977,539Net Assets 2017: $25,153,2742017Assets 2018: $30,793,228Liabilities 2018: $4,101,817Net Assets 2018: $26,691,4112018Assets 2019: $32,293,814Liabilities 2019: $1,763,099Net Assets 2019: $30,530,7152019Assets 2020: $37,773,703Liabilities 2020: $2,069,585Net Assets 2020: $35,704,1182020Assets 2021: $41,493,296Liabilities 2021: $2,031,772Net Assets 2021: $39,461,5242021Assets 2022: $40,306,027Liabilities 2022: $2,500,177Net Assets 2022: $37,805,8502022Assets 2023: $44,641,960Liabilities 2023: $2,835,729Net Assets 2023: $41,806,2312023Assets 2024: $48,477,729Liabilities 2024: $2,743,796Net Assets 2024: $45,733,9332024

Highlighted filing

2024

Assets$48,477,729
Liabilities$2,743,796
Net Assets$45,733,933
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $4,891,5912010Expenses 2011: $31,854,3522011Expenses 2012: $31,603,5642012Revenue 2013: $31,264,003Expenses 2013: $31,054,109Net Income 2013: $209,8942013Revenue 2014: $29,530,167Expenses 2014: $29,502,792Net Income 2014: $27,3752014Revenue 2015: $27,291,659Expenses 2015: $28,871,388Net Income 2015: -$1,579,7292015Revenue 2016: $26,136,279Expenses 2016: $27,154,817Net Income 2016: -$1,018,5382016Revenue 2017: $32,946,421Expenses 2017: $27,229,635Net Income 2017: $5,716,7862017Revenue 2018: $27,252,314Expenses 2018: $25,606,242Net Income 2018: $1,646,0722018Revenue 2019: $29,929,059Expenses 2019: $26,930,730Net Income 2019: $2,998,3292019Revenue 2020: $30,777,141Expenses 2020: $26,579,389Net Income 2020: $4,197,7522020Revenue 2021: $29,196,381Expenses 2021: $26,707,447Net Income 2021: $2,488,9342021Revenue 2022: $25,375,359Expenses 2022: $24,609,274Net Income 2022: $766,0852022Revenue 2023: $26,309,432Expenses 2023: $24,264,365Net Income 2023: $2,045,0672023Revenue 2024: $27,990,976Expenses 2024: $25,990,097Net Income 2024: $2,000,8792024

Highlighted filing

2024

Revenue$27,990,976
Expenses$25,990,097
Net Income$2,000,879
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,477,729
Liabilities
$2,743,796
Net assets
$45,733,933
Revenue
$27,990,976
Expenses
$25,990,097
Net income
$2,000,879
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.5$2.74$45.7$28.0$26.0$2.00
2023Detailed filing. Detailed filing data is available for this year.$44.6$2.84$41.8$26.3$24.3$2.05
2022Detailed filing. Detailed filing data is available for this year.$40.3$2.50$37.8$25.4$24.6$0.77
2021Detailed filing. Detailed filing data is available for this year.$41.5$2.03$39.5$29.2$26.7$2.49
2020Detailed filing. Detailed filing data is available for this year.$37.8$2.07$35.7$30.8$26.6$4.20
2019Detailed filing. Detailed filing data is available for this year.$32.3$1.76$30.5$29.9$26.9$3.00
2018Detailed filing. Detailed filing data is available for this year.$30.8$4.10$26.7$27.3$25.6$1.65
2017Detailed filing. Detailed filing data is available for this year.$29.1$3.98$25.2$32.9$27.2$5.72
2016Detailed filing. Detailed filing data is available for this year.$25.2$5.35$19.8$26.1$27.2$1.02
2015Detailed filing. Detailed filing data is available for this year.$26.0$5.17$20.8$27.3$28.9$1.58
2014Detailed filing. Detailed filing data is available for this year.$27.2$4.74$22.4$29.5$29.5$0.03
2013Detailed filing. Detailed filing data is available for this year.$28.2$5.78$22.4$31.3$31.1$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.0$5.82$22.2$31.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.0$6.14$21.9$31.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.3$7.10$19.2$4.89
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 8, 2025
Return Version
2024v5.2
Gross Receipts
$28,067,855
Mission and Program Overview

Mission

The blood center is a non-profit, community service organization guided by a volunteer, independent 18-member board of directors, comprised of community leaders and hospital representatives. The staff is composed of over 200 professionals, (continued on schedule o)

The blood center is a non-profit, community service organization (continued on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,678,819$21,001,533▲ $2,322,714
Land, Buildings, and Equipment, Net$11,885,596$11,237,930▼ $647,666
Cash and Non-Interest-Bearing Accounts$5,229,033$7,996,806▲ $2,767,773
Accounts Receivable$3,564,711$3,272,160▼ $292,551
Savings and Temporary Cash Investments$1,327,457$1,395,804▲ $68,347
Inventories for Sale or Use$1,188,052$1,189,271▲ $1,219
Investments Program Related$490,058$562,824▲ $72,766
Prepaid Expenses and Deferred Charges$561,731$492,241▼ $69,490
Other Notes and Loans Receivable, Net$468,318$329,427▼ $138,891
Pledges and Grants Receivable$101,327$11,369▼ $89,958
Total Assets$44,641,960$48,477,729▲ $3,835,769
Other Assets Total$1,146,858$988,364▼ $158,494
Liabilities
Accounts Payable and Accrued Expenses$1,911,475$1,989,302▲ $77,827
Other Liabilities$924,254$754,494▼ $169,760
Total Liabilities$2,835,729$2,743,796▼ $91,933
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$41,806,231$45,733,933▲ $3,927,702
Total Net Assets Fund Balance$41,806,231$45,733,933▲ $3,927,702
Total Liabilities and Net Assets / Fund Balance$44,641,960$48,477,729▲ $3,835,769

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,382,619$6,951,039$13,333,658
Equipment$2,490,336$8,006,205$10,496,541
Land$1,947,839-$1,947,839
Leasehold Improvements$273,168$162,268$435,436
Other Land Buildings$143,968$5,482$149,450
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
William C WealesDirector, President & CEOFT$379,011$209,954$588,965
Carrie MadonaVP of FinanceFT$137,474$28,463$165,937
Timothy PetersonMedical Director & Vice PresidentFT$156,000-$156,000
Gary HigginsVP of AdministrationFT$146,104$868$146,972
Christopher BarrLab DirectorFT$138,147$5,526$143,673
Kim BosenbergIt DirectorFT$101,502$7,747$109,249
Michael LottingerBiomedical TechFT$101,723-$101,723

Board Members and Trustees

NameTitle
Bret ClesiBoard Chairman
Robert BalesVice Chair
Brian RotoloDirector
Bryan BodeDirector
Dr Joshia LowentrittDirector
Drjennifer AvegnoDirector
Drmatthew StarkDirector
James DonelonDirector
Monique Bariel-careyDirector
Nadia De La HoussayeDirector
Paul SallesDirector
Peter WanekDirector
Robert Treuting MdDirector
Steve WorleyDirector
Paul D BergeronDirector, Board Secretary
Ronald R UpdegraffDirector, Board Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
National Blood Testing CoopLab Services2609 CANAL ST, New Orleans, LA 70119$2,154,720
Open ForceCourier Services20860 N TATUM BLVD SUITE 240, Phoenix, AZ 85050$933,447
GpiSoftware Support4900 WOODWAY DRIVE 680, Houston, TX 77056$197,297
Gulf South Coach Systems LLCRepair & Maintenance741 BONNABEL BLVD, Metairie, LA 70005$166,015
InvitaSoftware Support180 W OSTEND STREET SUITE 267A, Baltimore, MD 21230$140,887
Revenue and Support

Revenue Composition

Contributions and Grants
$1,787
Program Service Revenue
$27,701,095
Investment Income
$316,656
Other Revenue
$-28,562
All Other Contributions
$1,787
Change in Net Assets
$2,000,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,917,306
Salaries, Compensation, and Employee Benefits$11,072,791
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$6,667,712$1,468,242-$8,135,954
Fees for Services Other$1,145,970$1,411,250-$2,557,220
Office Expenses$1,299,385--$1,299,385
Other Employee Benefits$973,955$304,399-$1,278,354
Insurance$532,463$656,085-$1,188,548
Depreciation Depletion$1,175,649--$1,175,649
Current Officers, Directors, Trustees, and Key Employees$610,526$134,439-$744,965
Advertising$730,919--$730,919
Payroll Taxes$516,045$161,284-$677,329
Occupancy$270,557$333,372-$603,929
Fees for Services Accounting$125,865$155,088-$280,953
Pension Plan Contributions$179,948$56,241-$236,189
Other Expenses$129,051--$129,051
All Other Expenses-$89,291-$89,291
Fees for Service Investment Mgmnt Fees-$52,896-$52,896
Conferences and Meetings$36,181--$36,181
Travel$29,820--$29,820
Fees for Services Legal$6,903$8,505-$15,408
Total Functional Expenses$21,159,005$4,831,092$0$25,990,097
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
Lt Operating Lease Liability$507,856
St Operating Lease Liability$200,869
Reserve for Blood Assurance Plan Claims$30,000
Lt Finance Lease Liability$11,110
St Finance Lease Liability$4,659
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 is provided to all members of the board for review and comment with a specific timeline for completion of their review before submission.”

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

“At the time of hire, each employee reviews the conflict of interest form, has an opportunity to ask questions about the policy, and signs a document stating that they have reviewed and understand the policy. This is a part of the employees permanent record, and applies to all employees. Senior management of the blood center (directors, vice presidents, ceo, and members of the board of directors) are required to review and sign a conflict of interest form on an annual basis.”

Form 990, Part VI, Section B, Line 15

“Directors are not compensated and officers are compensated based on set performance measures and surveys of other like-sized entities within the industry. The board of directors sets the policies. An independent compensation committee reviews comparability data from other similar non-profit blood centers and the performance of all officers and sets their compensation accordingly. Their decisions are documented comtemporaneously.”

Form 990, Part VI, Section C, Line 19

“All governing documents, the conflict of interest policy, and financial statements of the blood center are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Blood Center
EIN
72-0725401
Phone
5045241322
Address
2609 CANAL STREET, NEW ORLEANS, LA 70119

Signing Officer

Name
William Billy Weales
Title
Director, President, & CEO
Phone
5045241322
Signed
2025-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Billy Weales
Formed
1960
Legal Domicile
La
Voting Board Members
17
Independent Board Members
16
Employees
247
Volunteers
34,533

Preparer

Firm
Laporte Apac
Address
111 VETERANS MEMORIAL BLVD 600, METAIRIE, LA 70005-4958
Preparer
Melanie Garofalo CPA
Phone
5048355522
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 & Part III, Line 1

“The blood center is a non-profit, community service organization guided by a volunteer, independent 18-member board of directors, comprised of community leaders and hospital representatives. The staff is composed of over 200 professionals, ranging from donation center medical staff, technicians who test and process blood, community outreach staff, and administrators who all work together to maintain a healthy blood supply. As the vital intermediary between donors and patients, the blood center is tasked with the critical service of educating the community about the great need for blood donations. In addition to providing easy-to-access donation facilities and offering mobile blood drives, the blood center organizes various educational outreach and donor programs, as well as promotional events in order to recruit enough donors to maintain the blood supply. The most significant accomplishment the blood center makes each day is helping to save lives in our community. The blood center serves anyone who needs blood or blood products in south louisiana and southern mississippi, as well as anyone who wishes to make the gift of life by being a blood donor.”

FORM 990, PART XI, LINE 9:

“Book/tax difference on national blood collaborative, llc k-1 28,562.”

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. The organization believes that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the combined financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in non-operating expense. No such charges were incurred in the years ended december 31, 2024 and 2023, respectively.”

Raw XML AppendixShowing 400 of 733 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/TitleTxt0DIRECTOR, PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR, BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR, BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEDICAL DIRECTOR & VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP OF ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt20LAB DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21IT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22BIOMEDICAL TECH
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IRS990/MissionDesc0THE BLOOD CENTER IS A NON-PROFIT, COMMUNITY SERVICE ORGANIZATION GUIDED BY A VOLUNTEER, INDEPENDENT 18-MEMBER BOARD OF DIRECTORS, COMPRISED OF COMMUNITY LEADERS AND HOSPITAL REPRESENTATIVES. THE STAFF IS COMPOSED OF OVER 200 PROFESSIONALS, (CONTINUED ON SCHEDULE O)
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IRS990/OtherRevenueMiscGrp/Desc0NATIONAL BLOOD COLLABORATIVE, LLC
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