Coastal Bend Blood Center
- Assets
- $23.1m
- Revenue
- $12.1m
- Investments
- $12.1m
- Employees
- 101
- Location
- Corpus Christi, TX
- Founding
- 03/1970
- Data as of
- 09/2022
- EIN
- 74-1653310
Organization Overview
Coastal Bend Blood Center is located in Corpus Christi, TX. The organization was established in 1970. 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 09/2022, Coastal Bend Blood Center employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Bend Blood Center 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 09/2022, Coastal Bend Blood Center generated $12.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $10.6m during the year ending 09/2022. While expenses have increased by 1.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES BLOOD BANK
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLOOD CENTER DRAWS, MAINTAINS AND PRESERVES BLOOD/BLOOD PRODUCTS FOR HEALTH CARE PROVIDERS IN NUECES/AREA COUNTIES IN TEXAS. THE BLOOD CENTER PROVIDED APPROXIMATELY 47,000 UNITS OF BLOOD PRODUCTS FOR THE YEAR ENDED 9-30-22.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Survant President & CEO | Officer | 50 | $391,010 |
Phillip G Monroe Chief Financial Officer | Officer | 40 | $206,100 |
Erin Survant Director Of Donor Developm | Officer | 40 | $153,947 |
Rodney Senterfitt Immediate Past Chairman | Trustee | 2 | $0 |
Gordon E Landreth Trustee | Trustee | 2 | $0 |
J Michael Neff MD Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gulf Coast Regional Blood Center Testing Blood And Components | 9/29/20 | $786,093 |
Creative Testing Solutions Testing Blood And Components | 9/29/20 | $466,422 |
Gulf Coast Regional Blood Center Testing Blood And Components | 9/29/20 | $786,093 |
Creative Testing Solutions Testing Blood And Components | 9/29/20 | $466,422 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $355,526 |
| Noncash contributions included in lines 1a–1f | $308,019 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,526 |
| Total Program Service Revenue | $11,372,348 |
| Investment income | $228,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,214 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,101,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $5,392,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Fees for services: Other | $199,154 |
| Advertising and promotion | $540,264 |
| Office expenses | $51,080 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,003 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $370,140 |
| Insurance | $154,542 |
| All other expenses | $418,177 |
| Total functional expenses | $10,565,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,278,100 |
| Savings and temporary cash investments | $1,186,247 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,826,227 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $266,524 |
| Prepaid expenses and deferred charges | $217,842 |
| Net Land, buildings, and equipment | $2,630,068 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $12,134,323 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $599,426 |
| Total assets | $23,138,757 |
| Accounts payable and accrued expenses | $1,134,137 |
| Grants payable | $0 |
| 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 | $1,134,137 |
| Net assets without donor restrictions | $22,004,620 |
| Net assets with donor restrictions | $0 |
| 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 | $23,138,757 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coastal Bend Blood Center has recieved totaling $6,700.
| Awarding Organization | Amount |
|---|---|
Alliance For Community Transfusion Services Llc Bedford, TX PURPOSE: GENERAL SUPPORT | $6,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
We Are Blood Austin, TX | $45,026,171 | $52,375,039 |
Lifeshare Blood Center Shreveport, LA | $48,760,940 | $43,868,545 |
The Blood Center New Orleans, LA | $41,493,296 | $29,196,381 |
Gencure San Antonio, TX | $25,453,948 | $11,678,298 |
Coastal Bend Blood Center Corpus Christi, TX | $23,138,757 | $12,101,189 |
Texoma Regional Blood Center Sherman, TX | $3,469,277 | $3,259,302 |
The Blood & Tissue Center Foundation San Antonio, TX | $824,644 | $805,133 |
Alliance For Community Transfusion Services Llc Bedford, TX | $1,059,125 | $581,241 |
Oklahoma Mothers Milk Bank Inc Oklahoma City, OK | $1,060,952 | $559,248 |
Coffee Memorial Blood Center Foundation Amarillo, TX | $7,797,326 | $578,918 |
Lifeshare Blood Centers Foundation Shreveport, LA | $11,282,600 | $758,934 |
Northwest Oklahoma Blood Institute Enid, OK | $2,154,614 | $280,672 |