Bloodsource Inc

“Effective january 1, 2016, blood systems, inc. ('bsi'), an arizona nonprofit corporation, effected a member substitution (acquired) with bloodsource , inc. ('bso') and blood centers of the pacific ('bcp'). Effective january 1, 2016, bcp merged into bso. Bso is the surviving entity. Bcp continues to operate services and programs as previously, now as an integral part of bso. Effective january 1, 2017, bso, merged into bsi. As a result of the merger, bso transferred all its assets to bsi. Bso continues to operate services and programs as previously, now as an integral part of the operations of bsi.”

“Blood systems, inc. (bsi) is the sole corporate member of bloodsource.”

“As the sole member, bsi shall have the right to appoint and remove the officers and directors of bloodsource.”

“In addition to the rights and powers afforded to bsi as the corporate member, bsi has the following rights: (a) authority to operate the corporation in a manner consistent with the corporation's articles of incorporation and bylaws. (b) approve election and removal of directors and officers; (c) approve amendment of the articles of incorporation of the corporation; (d) approve amendment of the bylaws of the corporation; (e) approve merger, consolidation or dissolution of the corporation.”

“The board of trustees terminated with the dissolution of the entity. The cfo and president/ceo of the organization into which the entity was merged (blood systems, inc.) reviewed the draft final form 990 and all schedules prior to filing with the irs.”

“Each year, the board of trustees and senior management are requested to sign and return a conflict of interest form to company counsel. Any conflicts disclosed are discussed in executive session with the board and resolved. In addition, in preparation for the form 990 filing, the trustees, officers and key employees identified are required to respond to a comprehensive conflict of interest and family relationship questionnaire. Any conflicts disclosed are discussed with the board and disclosed appropriately on the form 990.”

“The board of trustees has a compensation and human resource committee whose purpose, among other things, is to hire an independent consulting firm once every 2-3 years to provide data on competitiveness of salaries and benefits for the ceo and other officers of the corporation. The human resource department collects information through surveys and other sources in addition to the independent consulting firm. The members of the human resource and compensation committee of the board are all independent trustees and include no members of management. The recommendations of the committee are reviewed by the entire board prior to approval. Compensation for these individuals is set and approved by the board each year. The results of these discussions, reviews and approvals are documented in the executive minutes of the board meetings. This process was last completed in 2016.”

“Bloodsources governing documents, conflict of interest policy and financial statements are not made available to the public.”

“Program service activity #1 bloodsource, not-for-profit since 1948, has provided blood and services to donors and patients across 38 northern and central california counties, and across the nation when needed. At bloodsource, our mission is simple and lifesaving to provide blood and services to those in need. Because of our blood and marrow donors, volunteers, financial supporters and dedicated employees patients are granted another day through the precious gift of blood. Our community-based, not-for-profit blood center provides blood and services throughout northern and central california and beyond wherever and whenever the need. When you support bloodsource, yes, you do save lives. The bloodsource donor recruitment departments work together with bloodsource collections departments to make giving blood convenient as well as positive experience for blood donors. Together, the departments have assured that a plentiful blood supply is always available for the 77 hospitals served by bloodsource and for blood centers in parts of the united states that depend on bloodsoure to help them meet their local needs. Never in the history of bloodsource have hospitals been advised that patient surgeries or other therapies must be delayed or cancelled due to blood shortages. Working together, the two departments collect more than 270,000 donations annually from donors who give blood at bloodsource blood centers and mobile blood drives. Bloodsource recruits potential donors for the national marrow donor program, and is recognized for the diversity of people who commit to being a marrow donor by registering for be the match donor registry. Built in 2008, bloodsource laboratories is a high-capacity, green technology facility committed to state-of-the-art blood products manufacturing and testing. Bloodsource laboratories is purposefully designed for ready adaptation to the constant advancements in transfusion medicine. Bloodsource staff physicians are globally recognized for their innovative contributions to transfusion medicine. Hospitals, patients and laboratory customers all benefit from sophisticated laboratories offering access to best practices in testing led by our experienced physician team. Strategically located near two air transport hubs, bloodsource operatons collect and distribute blood products both locally as well as across the nation. The immunohematology reference laboratory, one of only 50 accredited laboratories of its kind in the united states, finds donors for patients with rare and unusual antibodies. The histocompatibility laboratory provides tests for marrow/blood stem cell transplantation and solid organ transplantation, as well as hla matched platelets. Bloodsource laboratories hold licenses, registrations and accreditations by the u.s. Food and drug administration, clinical laboratory improvement amendments (clia), department of health and human services, centers for medicare and medicaid services (cms), american society for histocompatibility and immunogenetics (ashi), aabb, european union, california board of registered nursing, california department of health, laboratory field services and international council for commonality in blood banking automation, inc. (iccba). Bloodsource hospital services is literally the link between bloodsource and hospitals in northern and central california and out-of-area resource sharing customers. Blood storage and distribution reside within the hospital services business unit. This group is vital to our relationships between transfusion service personnel at hospitals, and between bloodsource and blood centers across the nation that depend upon bloodsource for help. Bloodsource hospital services is a 24/7 operation and always stands ready to help in times of need, whether it be stat orders from hospitals or in times of disaster. Since our founding in 1948, bloodsource has been collecting blood donations and providing life-saving blood products to our communities and beyond. We are”

“Transfer of net assets to bsi due to merger $ (51,088,917) inherent contributions - acquisition of blood centers $ 25,842,289 pension recapture exp other than net periodic cost $ 237,124 ------------- $ (25,009,504)”