irs program accomplishments · form 990 part iii · fy2025
What they reported doing
- #1 primary $176.73MMEDICAL PROGRAMS: (1) HEMOPHILIA SERVICES CONSORTIUM,(2) COMPREHENSIVE CELL SOLUTIONS (INCLUDES APHERESIS/TRANSFUSION SERVICES AND CONTRACT MANUFACTURING), (3) BONE MARROW PROGRAM, AND (4) NATIONAL CORD BLOOD PROGRAM (COLLECTION, PROCESSING, AND STORAGE OF CORD BLOOD UNITS AND DISTRIBUTION OF THESE UNITS FOR TREATMENT OR RESEARCH PURPOSES)
- #2 $12.48MRESEARCH PROGRAM: THE NEW YORK BLOOD CENTER OPERATES AWIDE-RANGING PROGRAM OF RESEARCH INTO THE PROPERTIES OF BLOOD ANDBLOOD RELATED DISEASES.
named programs · 6 · from sources
What they call their work
Bone Marrow Program
Provides bone marrow and stem cell products for transplantation and therapeutic use
Comprehensive Cell Solutions
Provides apheresis, transfusion services, and contract manufacturing of cellular therapies
Hemophilia Services Consortium
Offers specialized care and support services for individuals with hemophilia and related bleeding disorders
Lindsley F. Kimball Research Institute (LFKRI)
Conducts foundational and clinical research in hematology, transfusion medicine, and blood-related diseases
National Cord Blood Program
Collects, processes, stores, and distributes cord blood units for treatment and research purposes
Transfusion Medicine Fellowship Program
ACGME-accredited training program for physicians specializing in transfusion medicine
activities · 6 groups
What they do
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Blood and Marrow Donation Drives 2 activities
- Blood collection and distributionCollects blood donations through fixed donor centers and mobile blood drives, and distributes over 1 million blood products annually—including red blood cells, plasma, and platelets—to more than 400 hospitals and medical facilities in the region. Services include whole blood and platelet donations, donor eligibility screening, and use of sterile, disposable materials for each donation to ensure safety.
- Blood emergency response and public outreachDeclares blood emergencies and issues public calls for immediate donations during periods of critically low supply, such as in anticipation of increased demand during summer trauma season. Updates donor eligibility policies, such as lifting deferrals for donors with potential exposure to Mad Cow Disease (vCJD) if other criteria are met.
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Medical Professional Education & Training 1 activity
- Donor education and training programsOffers on-demand eLearning courses in transfusion medicine qualifying for P.A.C.E. credit, educational modules for residents in immunohematology, and tailored resources for laboratory science students in blood banking. Also trains physicians through an ACGME-accredited Transfusion Medicine Fellowship program, having trained over 100 physicians since 1987.
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Bleeding and Blood Disorder Support Services 1 activity
- Donor health support and educationProvides medical follow-up and educational resources for donors with elevated blood pressure, low hematocrit, or low hemoglobin. Offers free therapeutic blood donations and operates a hereditary hemochromatosis program, along with rebooking support and educational materials on iron deficiency and maintaining iron balance, especially for younger women and frequent donors.
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Diagnostic Testing and Imaging Services 1 activity
- Laboratory testing servicesConducts over 450,000 laboratory tests annually, including genomics testing, antibody investigations, and molecular analysis of blood groups, serving medical professionals globally. Also supplies specialty blood products, including outdated, transfusable, and non-transfusable units, to research institutions and pharmaceutical companies for research and clinical development.
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Biomedical Research and Innovation 1 activity
- Research on blood and blood-related diseasesConducts research on the properties of blood and blood-related diseases, leading to the discovery and licensing of novel blood-related products, techniques, therapies, and diagnostics for development and commercialization.
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Living Donor Transplant Support 1 activity
- Specialty medical and transfusion servicesProvides apheresis and transfusion services, hemophilia care, bone marrow services, and a national cord blood program for collection, processing, storage, and distribution of cord blood units for treatment or research. Also performs over 12,500 specialized clinical procedures annually to support diverse patient needs.
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financials · form 990 · fy2025
revenue
Total revenue$629.04M
Contributions & grants$15.45M2%
Program service revenue$599.82M95%
Investment income$11.09M2%
Other revenue$2.68M
expenses
Total expenses$663.41M
Program expenses75%
Admin / overhead25%
Fundraising0%
Salaries & benefits$263.64M
Grants paid out$257K
Largest expense lineCompensation
balance sheet
Total assets$865.37M
Cash$42.10M
Investments$328.54M
Liabilities$303.99M
Net assets$561.38M
Liquid reserves6.7 mo
6 years on record · 2019–2025 · YoY revenue +3.8%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 25
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| CHRISTOPHER D HILLYER | PRESIDENT & CHIEF EXECUTIVE OFFICER | 50 | $2.68M |
| JOSEPH MOHR | EVP, CHIEF BUSINESS OFFICER | 50 | $967K |
| DAVID BENCH | EVP, CHIEF FINANCIAL OFFICER | 50 | $709K |
| VAUGHN RATCHFORD | SVP, CHIEF REAL ESTATE OFFICER | 50 | $646K |
| BETSY JETT | SVP, QUALITY AND REGULATORY AFFAIRS | 50 | $574K |
| RICHARD KIERNAN | SVP, CHIEF HUMAN RESOURCES OFFICER | 50 | $523K |
| MEGHAN WOOD | VP, VENTURES & BUSINESS DEVELOPMENT | 50 | $520K |
| BRUCE SACHAIS | SVP, CHIEF MEDICAL OFFICER | 50 | $513K |
| ANDREA CEFARELLI | EVP, CHIEF OPERATING OFFICER | 50 | $498K |
| PATRICIA KILLEEN | SVP, LOGISTICS, OPS EXCELLENCE | 50 | $490K |
| JEANNIE MASCOLINO | VP, BLOOD OPERATIONS NYBC | 50 | $468K |
| SHILPI BANERJEE | SVP, GENERAL COUNSEL AND SECRETARY | 50 | $440K |
| LARRY LUCHSINGER | SVP, CHIEF SCIENTIFIC OFFICER | 50 | $425K |
| ERIC SENALDI | DEPUTY CHIEF MEDICAL OFFICER | 50 | $422K |
| ADRIAN DAVID | EVP, CHIEF OPERATING OFFICER | 50 | $403K |
| MAHTAB KHAN | VICE PRESIDENT OF FINANCE | 50 | $389K |
| ERIC GEHRIE | DEPUTY CHIEF MEDICAL OFFICER | 50 | $384K |
| JONATHAN BARBA | VP, INFORMATION TECHNOLOGY | 50 | $379K |
| JO ANNE VALENTINO | SVP COMPREHENSIVE CELL SOLUTIONS | 50 | $376K |
| MONIQUE BROWN GEORGE | VP, HUMAN RESOURCES | 50 | $375K |
| CLAY RICH | SVP, DEPUTY COO BLOOD AND LAB OPERATIONS | 50 | $341K |
| DAVID GRAHAM | SVP ENTERPRISE DONOR ENGAGEMENT | 50 | $310K |
| JED GORLIN | VP, MEDICAL & REGULATORY AFFAIRS | 50 | $294K |
| DONNA STRAUSS | SVP, ENTERPRISE LABORATORY SERVICES | 50 | $219K |
| SARAH VOSSOUGHI | SVP ENTERPRISE LABORATORY SERVICES | 50 | $200K |
relationships · 13
Who they work with
- AABB Interorganizational Task Force on Donor Hemoglobin Deferrals Partner — Collaborates on the development and updating of pre-donation educational materials about iron deficiency and hemoglobin deferrals.
- Donor Plus Partner — Collaborates on the development and operation of the Donor Plus app for donor engagement and scheduling.
- EatingWell.com Partner — Provides a resource for donors seeking information on iron-rich foods.
- FDA Government — Follows FDA guidance on blood donor screening based on individual donor assessment.
- Hematology.org Partner — Provides additional information and educational resources for donors on iron and hemoglobin topics.
- Hemophilia Services Consortium Network — Participates in the Hemophilia Services Consortium as part of its medical programs.
- Lindsley F. Kimball Research Institute Partner — Research institute under New York Blood Center Enterprises conducting hematology and transfusion medicine research.
- New Jersey Blood Services Partner — Collaborates with New York Blood Center to declare blood emergencies and manage regional blood supply.
- New York Blood Center Enterprises Network — Parent operating entity through which NYBC delivers services nationally via multiple divisions
- The Amazing Mets Foundation Funder — Provided a $150,000 grant to support the development of the new Queens donor center.
- local hospitals Partner — Receives blood supply from NYBC for patient care.
- pharmaceutical companies Partner — Supplies specialty blood products for research and clinical advancements.
- research institutions Partner — Supplies specialty blood products for research and clinical advancements.
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Community-Engaged Blood Collectionmethodology: community-drivenBy enabling local organizations to host blood drives and framing donation as a collective community effort, NYBC expands blood collection because decentralized, community-led initiatives increase public participation and access.
- Donor Health Optimization Modelmethodology: donor_health_educationBy educating donors on iron loss and recommending supplementation, NYBC sustains long-term donor health and donation capacity because maintaining iron stores prevents deferrals and supports repeat donation.
- Hemaceutical™ Product Developmentmethodology: Hemaceutical™ StrategyBy acquiring, licensing, or co-developing technologies to pharmaceuticalize blood products, NYBC advances transfusion medicine because transforming biological materials into standardized, scalable therapeutics increases clinical impact and global access.
- Individualized Donor Assessment for Inclusive Eligibilitymethodology: individual-donor-assessmentBy using individual risk-based assessments instead of categorical deferrals based on sexual or gender identity, NYBC increases blood supply while maintaining safety because personalized screening improves equity and donor participation without compromising safety standards.
- Translational Research Modelmethodology: translational_researchBy conducting innovative research in hematology and transfusion medicine and translating findings into clinical applications, NYBC improves health outcomes because research grounded in real-world blood resources leads to actionable medical advances.