2025-05-09T15:53:50-05:00 2024-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2023-07-01 911019655 BLOODWORKS BLOO 2062926500 921 TERRY AVENUE SEATTLE WA 981041256 JEFF PERRY CFO 2069541042 2025-05-08 1 1 EMINA O CRESSWELL CPA P01217304 2063026500 2025-05-08 2023 2025-03-06 01:10:19Z CURT BAILEY 921 TERRY AVENUE SEATTLE WA 981041256 164192632 0 X WWW.BLOODWORKSNW.ORG X 1944 WA SAVING LIVES THROUGH RESEARCH, INNOVATION, EDUCATION & EXCELLENCE IN BLOOD, MEDICAL & LAB SERVICES. 11 10 1005 314 0 0 10966183 1086985 141976529 157050934 643850 777462 660839 907866 154247401 159823247 610064 517048 0 0 85979058 91569230 0 0 313818 63787370 67957242 150376492 160043520 3870909 -220273 112716614 112280040 31722072 28747511 80994542 83532529 SAVING LIVES THROUGH RESEARCH, INNOVATION, EDUCATION AND EXCELLENCE IN BLOOD, MEDICAL AND LABORATORY SERVICES IN PARTNERSHIP WITH OUR COMMUNITY. 0 0 125627786 0 148053425 RECRUIT DONORS, COLLECT, TEST, PROCESS AND FRACTIONATE WHOLE BLOOD AND COMPONENTS INTO TRANSFUSION READY PRODUCTS (WHOLE BLOOD, RED BLOOD CELLS, PLATELETS, PLASMA AND CRYOPRECIPITATE) FOR USE IN NEARLY 90 HOSPITALS, PRIMARILY LOCATED IN THE PACIFIC NORTHWEST. 10165518 517048 8997509 WE ARE A RESEARCH INSTITUTE WITH OVER 75 YEARS OF RESEARCH AND DISCOVERIES. BLOODWORKS SCIENTISTS HAVE TRANSFORMED PATIENT CARE WITH BREAKTHROUGHS IN TRANSFUSION MEDICINE, BLOOD BIOLOGY, BLOOD STORAGE, CANCER THERAPIES, ORGAN TRANSPLANTATION. BLOODWORKS' SCIENTISTS CAN BE FOUND IN MEDICAL SCHOOLS AND AT SCIENTIFIC FORUMS SHARING THE LATEST BLOOD SCIENCE WITH DOCTORS FROM AROUND THE REGION - AND AROUND THE WORLD. 135793304 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 288 0 1 1005 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 WA OR X JEFF PERRY 2069541042 921 TERRY AVENUE SEATTLE WA 981041256 CURT BAILEY PRESIDENT & CEO 40.00 X X 968288 0 39012 VICKI FINSON EXECUTIVE VICE PRESIDENT (THRU 7/23) 40.00 X 460283 0 16474 JOSE LOPEZ MD CHIEF SCIENTIFIC OFFICER 40.00 X 408542 0 38566 DAVID LIN MD VICE PRESIDENT 40.00 X 424462 0 19800 THERESA NESTER MD CO-CHIEF MEDICAL OFFICER MED SVCS 40.00 X 394120 0 38566 KIRSTEN ALCORN MD CO-CHIEF MEDICAL OFFICER MED SVCS 40.00 X 391803 0 28666 ROBERT GLEASON TREASURER & CFO (THRU 6/24) 40.00 X 353586 0 53554 SUE NIXON EXECUTIVE VICE PRESIDENT 40.00 X 311183 0 27843 JOSEPH VETTO CHIEF INFORMATION OFFICER 40.00 X 294444 0 41349 IDOIA GIMFERRER ASHI MEDICAL DIRECTOR 40.00 X 285256 0 43238 AARON POSEY EXECUTIVE VICE PRESIDENT 40.00 X 294829 0 26385 JING-FEI DONG MD MEMBER, RESEARCH 40.00 X 279410 0 35207 MARK DESTREE EXECUTIVE VICE PRESIDENT 40.00 X 270050 0 43615 CHRISTINE DONATELLI CHIEF QUALITY & COMPLIANCE OFFICER 40.00 X 272252 0 35183 MAXINE SELLERS SECRETARY 40.00 X 95880 0 15201 MOLLY FIRTH BOARD CHAIR (THRU 1/24) 1.00 X X 8000 0 0 TREVOR GOOBY BOARD VICE CHAIR/ BOARD CHAIR 1.00 X X 8000 0 0 JEFF PERRY CFO (FROM 6/24) 40.00 X 0 0 0 CHRISTINE HENNINGSGAARD BOARD TRUSTEE 1.00 X 6000 0 0 GENE FARRELL MBA BOARD TRUSTEE 1.00 X 4000 0 0 ORLANDO WILLIAMS BOARD TRUSTEE 1.00 X 2000 0 0 DREW CORRIGAN BOARD TRUSTEE 1.00 X 0 0 0 JOYCE JACKSON BOARD TRUSTEE 1.00 X 0 0 0 MIHO DOUGHERTY MD MPH BOARD TRUSTEE 1.00 X 0 0 0 KIRSTEN ARANDA SCHWAB MBA BOARD TRUSTEE (THRU 6/24) 1.00 X 0 0 0 SEAN W SIGMON BOARD TRUSTEE (THRU 6/24) 1.00 X 0 0 0 5532388 0 502659 180 0 1 0 MEDIA PLUS 160 ROY STREET SEATTLE WA 98109 MARKETING CONSULTANT 558937 DS CONNECT LLC 15122 SE 107TH STREET RENTON WA 98509 MARKETING CONSULTANT 464144 DEGREE 37 LLC 14594 NW TREE TOP LANE SEABECK WA 98380 CONSULTANTS 441232 BLOOD BANK COMPUTER SYSTEMS 7206 VANDERMARK RD E BONNEY LAKE WA 98391 SOFTWARE MAINTENANCE 379334 NORTHWEST LOSS PREVENTION INC 13300 BOTHELL EVERETT HIGHWAY SUIT MILL CREEK WA 98104 SECURITY SERVICES 372097 31 1086985 1086985 BLOOD AND LABORATORY SERVICE FEES 541900 126687328 126687328 BIOLOGICAL PRODUCT FEES 339110 11873224 11873224 RESEARCH REVENUE 541700 8997509 8997509 APHERESIS THERAPEUTIC FEES 541900 5447937 5447937 OTHER BLOOD BANK SERVICES 541900 2059180 2059180 1985756 1985756 157050934 800374 800374 1801714 893848 907866 907866 907866 3438658 13967 3373605 101932 65053 -87965 -22912 -22912 159823247 157050934 0 1685328 164671 164671 352377 352377 4380914 2590293 1790621 70228621 59248643 10764038 215940 3846467 3235196 601680 9591 6758428 5672135 1065961 20332 6354800 5186087 1151599 17114 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EARNINGS IS FOR MEDICAL RESEARCH AS WELL AS AN ANNUAL LECTURE SERIES. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. ANY UNRELATED BUSINESS INCOME GENERATED IS NOT SIGNIFICANT; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE ORGANIZATION HAS ADOPTED ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ACCOUNTING STANDARDS PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR UNCERTAIN TAX POSITIONS. AS OF JUNE 30, 2024 AND 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL REVENUE 893,848. JOINT VENTURE INVESTMENT BOOK/TAX ADJUSTMENT 2,474. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL REVENUE 893,848. 1 UNIVERSITY OF WASHINGTON 4333 BROOKLYN AVE NE SEATTLE WA 981959472 916001537 PUBLIC UNIVERSITY 58181 0 MOLECULAR AND TRANSLATIONAL STUDIES IN HEMATOLOGIC DISORDERS SWEDISH MEDICAL CENTER 747 BROADWAY SEATTLE WA 981224307 910433740 501(C)3 57538 0 COLD-STORED PLATELETS TO TREAT BLEEDING IN CARDIAC SURGERY PATIENTS BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 770303411 741613878 501(C)3 31004 0 WILLIBRAND FACTOR IN TRAUMATIC BRAIN INJURY WA INSTITUTE FOR COAGULATION 701 PIKE ST SUITE 1900 SEATTLE WA 98101 832302258 501(C)3 17948 0 VON WILLIBRAND FACOTR IN PREGNANCY (VIP) STUDY 4 0 RESEARCH PARTICIPANTS FOR BLOOD STUDIES 736 352377 PART I, LINE 2: MONITORING/REVIEW/PROCEDURES: PRIOR TO ISSUING A SUBAWARD, BLOODWORKS REVIEWS THE ENTITY ON WWW.SAM.GOV FOR DEBARMENT OR SUSPENSION FROM RECEIVING FEDERAL FUNDS AND CONFIRMS THE CCR STANDING OF THE ENTITY. GRANT AND CONTRACTS SPECIALIST REVIEWS THIS INFORMATION ANNUALLY. IN ADDITION, BLOODWORKS RECEIVES AND REVIEWS THE ANNUAL OMB SINGLE AUDIT FOR OUR SUBRECIPIENTS AND ADDRESSES ANY FINDINGS FROM THE AUDIT. THE SUBAWARD IDENTIFIES THE MAXIMUM AMOUNT OF AWARD AND BLOODWORKS STAFF VERIFIES THAT THE PAYMENTS DO NOT EXCEED THIS AMOUNT. SUBRECIPIENTS ARE SELECTED BASED ON THE NEEDS OF THE AWARD AND WHICH ORGANIZATION IS ABLE TO BEST PARTNER WITH THE PRINCIPAL INVESTIGATOR. X 0 1 X X X X 1 0 0 0 0 0 0 1 0 CURT BAILEY PRESIDENT & CEO 824045 0 135843 0 8400 0 13200 0 25812 0 1007300 0 0 0 VICKI FINSON EXECUTIVE VICE PRESIDENT (THRU 7/23) 188446 0 20852 0 250985 0 6919 0 9555 0 476757 0 0 0 JOSE LOPEZ MD CHIEF SCIENTIFIC OFFICER 388721 0 19521 0 300 0 29700 0 8866 0 447108 0 0 0 DAVID LIN MD VICE PRESIDENT 321589 0 102393 0 480 0 19800 0 0 0 444262 0 0 0 THERESA NESTER MD CO-CHIEF MEDICAL OFFICER MED SVCS 353867 0 39773 0 480 0 29700 0 8866 0 432686 0 0 0 KIRSTEN ALCORN MD CO-CHIEF MEDICAL OFFICER MED SVCS 353904 0 37333 0 566 0 19800 0 8866 0 420469 0 0 0 ROBERT GLEASON TREASURER & CFO (THRU 6/24) 333420 0 18853 0 1313 0 29700 0 23854 0 407140 0 0 0 SUE NIXON EXECUTIVE VICE PRESIDENT 294526 0 15877 0 780 0 18507 0 9336 0 339026 0 0 0 JOSEPH VETTO CHIEF INFORMATION OFFICER 279251 0 14413 0 780 0 18683 0 22666 0 335793 0 0 0 IDOIA GIMFERRER ASHI MEDICAL DIRECTOR 284749 0 0 0 507 0 17942 0 25296 0 328494 0 0 0 AARON POSEY EXECUTIVE VICE PRESIDENT 272010 0 22339 0 480 0 17519 0 8866 0 321214 0 0 0 JING-FEI DONG MD MEMBER, RESEARCH 278630 0 0 0 780 0 25582 0 9625 0 314617 0 0 0 MARK DESTREE EXECUTIVE VICE PRESIDENT 248664 0 21386 0 0 0 25634 0 17981 0 313665 0 0 0 CHRISTINE DONATELLI CHIEF QUALITY & COMPLIANCE OFFICER 256283 0 15189 0 780 0 17202 0 17981 0 307435 0 0 0 PART I, LINE 1A DURING THE MONTH OF JUNE 2023, BLOODWORKS PAID $2,900 PER PERSON IN SOCIAL CLUB INITIATION FEES AND DUES FOR THREE EXECUTIVES, TOTALLING $8,700. THIS WAS TREATED AS TAXABLE FRINGE BENEFITS TO THE EMPLOYEES AND SUBJECT TO WITHHOLDING FOR INCOME TAX, SOCIAL SECURITY AND MEDICARE FOR THE TAX YEAR 2023. PART I, LINE 4A VICKY FINSON RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $250,555 IN 2023. PART I, LINE 7 THE BOARD DETERMINES ACHIEVEMENT AND APPROPRIATE PAYMENT FOR BONUSES DUE THE CEO, AS SPECIFIED IN HIS CONTRACT. ALL OTHER EMPLOYEE BONUSES, WHERE APPLICABLE, ARE STRUCTURED AND PAID BASED ON MANAGEMENT DETERMINATION OF ELIGIBILITY AND ACHIEVEMENT OF STATED GOALS. THE BOARD OF TRUSTEES COMPENSATION AND TALENT COMMITTEE PROVIDES OVERSIGHT AND GUIDANCE TO THE CEO IN HIS ADMINISTRATION OF EXECUTIVE TEAM INCENTIVE BONUSES. HUMAN RESOURCES REVIEWS AND MAINTAINS EMPLOYMENT AGREEMENTS (CEO) AND OFFER LETTERS (AT-WILL EMPLOYEES - ALL EXCEPT THE CEO). FORM 990, PART VI, SECTION B, LINE 11B INTERNALLY, DATA FOR THE FORM 990 IS PREPARED BY THE ACCOUNTING DEPARTMENT AND REVIEWED BY THE CONTROLLER AND THE CHIEF FINANCIAL OFFICER. THE FORM 990 IS THEN PREPARED BY OUR CPA FIRM. IN ADDITION TO INTERNAL REVIEW, THE DRAFT FORM 990 IS PROVIDED TO MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BLOODWORKS HAS ALL HUMAN RESOURCE POLICIES (INCLUDING CONFLICT OF INTEREST) ONLINE AND ACCESSIBLE. ANY CHANGES ARE HIGHLIGHTED AND SENT TO ALL EMPLOYEES. UPON HIRE AND UPON MAJOR POLICY CHANGES, EMPLOYEE SIGNS ACKNOWLEDGEMENT FORM TO EVIDENCE THAT THEY ARE RESPONSIBLE TO READ AND BECOME ACQUAINTED WITH THE POLICIES. ANNUALLY BOARD MEMBERS MUST SIGN A FORM AND DISCLOSE CONFLICTS OF INTEREST. THESE ARE REVIEWED BY THE BOARD CHAIR AND PRESIDENT. IF A CONFLICT OF INTEREST EXISTS, AN INTERESTED PERSON MAY MAKE A PRESENTATION, BUT MUST LEAVE THE MEETING DURING ANY DISCUSSION OF THE MATTER. THE CHAIRPERSON MAY, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES. THE BOARD OR COMMITTEE SHALL EXERCISE DUE DILIGENCE TO DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT DOES NOT CREATE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION BASED ON RESEARCH OF OTHER COMPARABLE ORGANIZATIONS AND INDUSTRY STANDARDS PERFORMED BY A COMPENSATION CONSULTING FIRM. IN MARCH 2023, AN OUTSIDE CONSULTING FIRM PROVIDED TRENDS IN BOTH PERFORMANCE INCREASES AND BONUSES FOR CEOS. THE BOARD USED THIS INFORMATION IN THE PRESIDENT'S COMPENSATION REVIEW. KEY EMPLOYEE AND OFFICER SALARIES ARE REVIEWED AGAINST MARKET DATA WITH CONSIDERATION OF INTERNAL EQUITY. MARKET DATA INCLUDES ANNUAL SURVEY FROM INDUSTRY ASSOCIATION AND COMPARISON TO ADDITIONAL REGIONAL AND NATIONAL MARKET DATA APPROXIMATELY EVERY TWO TO THREE YEARS. IN ADDITION, MEDICAL STAFF SALARIES ARE REVIEWED AGAINST UNIVERSITY RANGES FOR PHYSICIANS OF LIKE SPECIALTIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. BLOODWORKS HAS ALL HUMAN RESOURCE POLICIES (INCLUDING CONFLICT OF INTEREST) ONLINE AND ACCESSIBLE. FORM 990, PART XI, LINE 9: PASSTHROUGH INVESTMENTS 2,474. THE ALLIANCE FOR COMMUNITY TRANSFUSION SERVICES LLC 2205 HIGHWAY 121 BEDFORD TX 76021 454624346 SUPPORTING ORGANIZATION TX 501(C)(3) LINE 12B, II N/A 0 CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST WA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0