Impactlife
- Assets
- $53.2m
- Revenue
- $87.7m
- Investments
- $0.0
- Employees
- 1,032
- Location
- Davenport, IA
- Founding
- 09/1975
- Data as of
- 12/2021
- EIN
- 42-0859501
Organization Overview
Impactlife is located in Davenport, IA. The organization was established in 1975. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, under the broad grouping of Health Care and related organizations. As of 12/2021, Impactlife employed 1,032 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impactlife 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, Impactlife generated $87.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $77.6m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Impactlife has awarded 17 individual grants totaling $166,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPACTLIFE'S MISSION IS TO PROVIDE WORLD-CLASS BLOOD PRODUCTS AND SERVICES TO COMMUNITIES IN NEED.
Describe the Organization's Program Activity:
SEE SCHEDULE O FOR DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Parejko President / Chief Executive Officer | OfficerTrustee | 40 | $559,170 |
Darren Klocke Chief Financial Officer | Officer | 40 | $264,389 |
Jeannine Mccullough Former Vice President, Blood Services - 11/19/21 | Officer | 40 | $258,107 |
Nancy Kelting Former Vice President, Business Development | Officer | 40 | $185,456 |
Jennifer Feeney Vice President, Human Resources | Officer | 40 | $182,309 |
Pete Lux Vice President, Donor Services | 40 | $140,668 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crossroads Courier Freight | 12/30/21 | $798,666 |
National Blood Testing Cooperative Testing | 12/30/21 | $7,322,031 |
Title 21 Software Software | 12/30/21 | $340,810 |
It Synergistics Software | 12/30/21 | $409,606 |
Ics Construction Services Construction | 12/30/21 | $388,498 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,700 |
| Related organizations | $0 |
| Government grants | $7,152,507 |
| All other contributions, gifts, grants, and similar amounts not included above | $567,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,740,223 |
| Total Program Service Revenue | $79,856,630 |
| Investment income | $25,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,257 |
| Net Income from Fundraising Events | -$912 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $87,660,123 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,980 |
| 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. | $1,615,712 |
| Compensation of current officers, directors, key employees. | $87,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,437,225 |
| Pension plan accruals and contributions | $947,919 |
| Other employee benefits | $4,352,122 |
| Payroll taxes | $2,305,565 |
| Fees for services: Management | $34,463 |
| Fees for services: Legal | $110,596 |
| Fees for services: Accounting | $57,405 |
| Fees for services: Lobbying | $9,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $591,749 |
| Advertising and promotion | $740,862 |
| Office expenses | $2,625,846 |
| Information technology | $1,509,055 |
| Royalties | $0 |
| Occupancy | $1,697,600 |
| Travel | $1,207,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,710,861 |
| Interest | $117,813 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,690,071 |
| Insurance | $1,059,697 |
| All other expenses | $1,159,791 |
| Total functional expenses | $77,584,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $370,538 |
| Savings and temporary cash investments | $7,510,688 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,487,881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $71,656 |
| Inventories for sale or use | $3,315,345 |
| Prepaid expenses and deferred charges | $1,545,139 |
| Net Land, buildings, and equipment | $30,885,121 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,040,862 |
| Total assets | $53,227,230 |
| Accounts payable and accrued expenses | $6,466,832 |
| Grants payable | $0 |
| Deferred revenue | $134,670 |
| 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 | $6,601,502 |
| Net assets without donor restrictions | $46,412,057 |
| Net assets with donor restrictions | $213,671 |
| 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 | $53,227,230 |
Grants Awarded
Over the last fiscal year, Impactlife has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Davenport, IA PURPOSE: GENERAL SUPPORT | $15,000 |
Urbana, IL PURPOSE: GENERAL SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Impactlife has recieved totaling $481,279.
| Awarding Organization | Amount |
|---|---|
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HEALTH | $480,899 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $380 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Versiti Wisconsin Inc Milwaukee, WI | $135,380,410 | $186,827,160 |
Impactlife Davenport, IA | $53,227,230 | $87,660,123 |
Innovative Blood Resources St Paul, MN | $46,399,796 | $62,700,542 |
Versiti Illinois Inc Aurora, IL | $67,173,441 | $60,198,808 |
Lifeserve Blood Center Des Moines, IA | $80,703,832 | $54,407,994 |
Community Blood Center Inc Appleton, WI | $38,245,245 | $21,183,323 |
Community Blood Center Of The Ozarks Springfield, MO | $29,264,230 | $16,189,941 |
Northern Illinois Blood Bank Inc Rockford, IL | $10,413,345 | $13,769,569 |
Blood Center Of Northcentral Wisconsin Inc Wausau, WI | $5,598,313 | $2,668,833 |
American Donor Services Inc Cottage Grove, MN | $2,480,593 | $2,191,857 |
Hemophilia Of Iowa Inc Des Moines, IA | $412,563 | $133,363 |
Comprehensive Bleeding Disorders Center Dunlap, IL | $815,639 | $0 |