Vitalant
- Assets
- $159.5m
- Revenue
- $66.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 25-1562716
Organization Overview
Vitalant is located in Pittsburgh, PA. The organization was established in 2010. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Vitalant 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 12/2021, Vitalant generated $66.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $62.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 2 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXPERT COMPREHENSIVE MULTIDISCIPLINARY CARE TO PATIENTS WITH HEMOPHILIA AND OTHER BLEEDING AND CLOTTING DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEMOPHILIA CENTER OF WESTERN PENNSYLVANIA PROVIDES COMPREHENSIVE MEDICAL CARE TO PATIENTS WITH HEMOPHILIA AND OTHER BLEEDING AND CLOTTING DISORDERS AND WORKS TO DEVELOP AND SUPPORT EDUCATIONAL, RESEARCH AND THERAPEUTIC SERVICES. THEY OPERATE A 340B DRUG DISTRIBUTION PROGRAM WHICH PROVIDES FUNDS TO SUPPORT PERSONNEL, TO PERFORM OUTREACH CLINICS, TO PROVIDE ON-SITE PHYSICAL THERAPY EVALUATION AND MANAGEMENT, TO PROVIDE GENETIC COUNSELING AND PSYCHOSOCIAL SERVICES. THEY ALSO SUPPORT OTHER 501(C)(3) ORGANIZATIONS THAT PROVIDE EDUCATION AND CAMP OPPORTUNITIES FOR PATIENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Musselman Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jennifer Bou Director/assistant Secretary | OfficerTrustee | 1 | $0 |
Andrea Cortese Hassett PHD Director/president | OfficerTrustee | 1 | $0 |
Darrell Triulzi MD Chair | OfficerTrustee | 1 | $0 |
Bhavi Shah General Counsel & Asst Sec | Officer | 1 | $0 |
Ralph Vassallo MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $246,951 |
| All other contributions, gifts, grants, and similar amounts not included above | $225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,176 |
| Total Program Service Revenue | $65,726,105 |
| Investment income | $188,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$96 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,470,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,611,373 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,028,016 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $259,488 |
| Fees for services: Other | $834,310 |
| Advertising and promotion | $0 |
| Office expenses | $172,498 |
| Information technology | $2,618 |
| Royalties | $0 |
| Occupancy | $415,985 |
| Travel | $5,739 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,253 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,900 |
| Insurance | $28,857 |
| All other expenses | $0 |
| Total functional expenses | $62,297,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $60,766 |
| Accounts receivable, net | $5,607,375 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,367,848 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,060 |
| Investments—publicly traded securities | $148,875,944 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $518,346 |
| Total assets | $159,473,339 |
| Accounts payable and accrued expenses | $45,124 |
| Grants payable | $2,363,435 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,408,559 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $157,064,780 |
| 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 | $159,473,339 |
Grants Awarded
Over the last fiscal year, Vitalant has awarded $2,606,373 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: ESTABLISH A HEMOSTASIS CLINIC | $2,346,373 |
Montclair, NJ PURPOSE: DIAGNOSIS & TREATMENT FOR WOMEN & GIRLS WITH BLEEDING DISORDERS | $135,000 |
Beaver, PA PURPOSE: SUPPORT NEEDS OF HEMOPHILIA PATIENTS AND THEIR FAMILIES | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vitalant has recieved totaling $6,290.
| Awarding Organization | Amount |
|---|---|
American Thrombosis And Hemostasisnetwork Inc Rochester, NY PURPOSE: DATA MANAGEMENT CAPACITY RESEARCH | $6,290 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wheeling Hospital Inc Wheeling, WV | $275,589,761 | $110,733,229 |
Luminis Health Inc Annapolis, MD | $817,492,889 | $110,470,140 |
Mercy Life Center Corporation Pittsburgh, PA | $112,504,753 | $111,350,814 |
Carbon Schiylkill Community Hospital Inc Allentown, PA | $59,769,388 | $99,125,691 |
Thomas Health System Inc S Charleston, WV | $66,489,070 | $891,312 |
Mercy Management Of Southeastern Pennsylvania Newtown Square, PA | $35,720,609 | $73,428,076 |
Mount Nittany Medical Center Health Services Inc State College, PA | $76,955,492 | $122,027,068 |
Archcare New York, NY | $38,938,250 | $96,013,711 |
Hackensack Meridian Health Inc Edison, NJ | $4,603,504,808 | $570,011,580 |
Atlanticare Health System Inc Egg Harbor Township, NJ | $51,745,576 | $84,060,384 |
Hackensack Meridian Health Inc Neptune, NJ | $71,369,061 | $79,547,655 |
Trinity Health Of The Mid-Atlantic Region Newtown Square, PA | $176,808,635 | $95,052,578 |