Lifeserve Blood Center in Des Moines, Iowa (IA)

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Lifeserve Blood Center
Employer Identification Number (EIN)272092557
Name of OrganizationLifeserve Blood Center
In Care of NameStacy Sime
Address431 E Locust St, Des Moines, IA 50309-1909
SubsectionCharitable Organization
Ruling Date05/2010
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$36,083,324
Amount of Income$49,929,327
Form 990 Revenue Amount$41,366,912
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Blood Supply Related


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Amount of income in 2013: $49,929,327 (it was $53,962,144 in 2012)
This organization: 

 $49,929,327
Other organizations performing similar types of work: 

 $1,513,971

Assets in 2013: $36,083,324 (it was $31,820,233 in 2012)
This organization: 

 $36,083,324
Other organizations performing similar types of work: 

 $1,462,583

Expenses in 2013: $36,880,323
This organization: 

 $36,880,323
Other organizations performing similar types of work: 

 $1,209,879

Income to expenses ratio in 2013: 1.4
Lifeserve Blood Center: 

 1.4
Other organizations performing similar types of work: 

 1.1

Number of employees in 2013: 422
Lifeserve Blood Center: 

 422
Other organizations performing similar types of work: 

 8

Employees paid over $100,000 in 2013: 2.6%
This organization: 

 2.6%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 0.2%
Lifeserve Blood Center: 

 0.2%
Other organizations performing similar types of work: 

 9.5%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?YesYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoYes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2010201120122013
The number reported in Box 3 of Form 109647
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return410422
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$825,595$1,026,299
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$83,226$93,125
Total number of individuals who received more than $100,000 of reportable compensation from the organization56
Total number of independent contractors who received more than $100,000 of compensation from the organization45
Statement of Revenue
2010201120122013
Total revenue$144,398$31,967,974$42,041,307$41,366,912
Contributions, Gifts, Grants and Other Similar Amounts$0$28,967$34,167$81,033
Program Service Revenue$142,965$31,321,656$41,593,858$40,355,265
621500$25,835,644$24,398,386
621500$9,147,098$8,661,986
621500$2,284,835$2,612,348
621500$2,068,776$2,055,874
621500$1,643,130$1,850,161
All other program service revenue$614,375$776,510
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,433$232,064$374,018$463,130
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$163,576$34,413$428,786
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$8,825,647 / $0$11,926,528 / $18,795$8,973,499 / $9,851
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$8,662,071 / $0$11,910,910 / $0$8,554,564 / $0
Gain or (loss) (Securities / Other)$0 / $0$163,576 / $0$15,618 / $18,795$418,935 / $9,851
Net income/loss from fundraising events$0$0$-713$-6,179
Gross income from fundraising events$0$2,160$9,214$1,672
Less: direct expenses$0$2,160$9,927$7,851
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$0$221,711$5,564$44,877
900099$5,564$44,877
All other revenue$0$0
Statement of Functional Expenses
2010201120122013
Total functional expenses$20,409$31,109,276$37,705,692$36,880,323
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$15,000$16,250
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$424,016$637,456$414,897
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$0$9,959,203$11,345,716$12,116,866
Pension plan accruals and contributions$243,159$247,554
Other employee benefits$1,239,845$1,345,766
Payroll taxes$0$883,358$920,609$991,606
Fees for services (non-employees)
Management$0$0
Legal$50,783$43,801
Accounting$84,180$26,296
Lobbying$10,000$10,000
Professional fundraising services$0$0$0$0
Investment management fees$79,765$94,346
Other$374,670$470,099
Advertising and promotion$427,556$283,002
Office expenses$716,688$815,688
Information technology$0$0
Royalties$0$0
Occupancy$1,039,092$1,042,202
Travel$429,409$479,290
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$22,472$31,412
Interest$73,565$48,868
Payments to affiliates$0$0
Depreciation, depletion, and amortization$1,131,320$1,073,580
Insurance$402,992$467,648
Other expenses$7,111,711$6,188,585
Other expenses$5,057,105$5,000,677
Other expenses$4,173,558$3,432,715
Other expenses$1,937,567$2,082,127
Other expenses$181,474$157,048
Balance Sheet
2010201120122013
Total assets$22,691,238$27,284,564$31,820,233$36,083,324
Cash - non-interest-bearing$2,611,507$2,973,243
Savings and temporary cash investments$11,114,304$14,199,983
Pledges and grants receivable, net$0$0
Accounts receivable, net$4,106,753$4,308,298
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$19,640
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$1,092,204$1,194,275
Prepaid expenses and deferred charges$335,468$351,163
Land, buildings, and equipment: cost or other basis$8,491,899$8,744,386
Investments - publicly traded securities$0$0
Investments - other securities$3,641,699$3,689,673
Investments - program-related$0$0
Intangible assets$0$0
Other assets$426,399$602,663
Total liabilities$2,518,290$4,970,606$4,519,145$3,747,672
Accounts payable and accrued expenses$2,647,756$2,572,332
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$2,346,289$1,871,389$1,175,340
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$20,172,948$22,313,958$27,301,088$32,335,652
Unrestricted net assets$27,301,088$32,335,652
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$113,557,911
Subtotal$113,557,911
Gifts, grants, contributions, and membership fees received$144,167
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$113,413,744
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$114,663,997
Public support$113,557,911
Subtotal$1,070,645
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,070,645
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$35,441
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Qualtex Laboratories6211 Ih 10 West, San Antonio, TX 78201-2023TX2007-05$125,053,850
2Lifeserve Blood Center431 E Locust St, Des Moines, IA 50309-1909IA2010-05$49,929,327
3Community Blood Centers Laboratory Services Inc1700 N State Road 7, Lauderhill, FL 33313-5006FL2010-11$6,083,969
4Williamsport Area Ambulance Service Cooperative700 High St, Williamsport, PA 17701-3100PA2012-02$4,433,273
5Safe Blood For Africa Corp1025 Thomasjefferson St Nw 525, Washington, DC 20007-5201DC2001-09$1,494,865
6Houchin Community Foundation11515 Bolthouse Dr, Bakersfield, CA 93311-8822CA2012-10$1,450,251
7The Foundation For Americas Blood Centers725 15th St Nw Ste 700, Washington, DC 20005-2109DC1997-07$717,180
8Cellular Analytics Inc970 Linwood Avenue, Paramus, NJ 07653NJ2010-02$520,380
9Oklahoma Mothers Milk Bank Inc4 Ne 10th Street Pmb 167, Oklahoma City, OK 73104OK2011-08$218,352
10Donna Frett Organ Donation Foundation106 S Ronda Rd, Mchenry, IL 60050-6233IL2010-10$62,155
11Alliance For Community Transfusion Services Llc2205 Highway 121, Bedford, TX 76021-5950TX2014-11$16,403
12Pint And A Half Association26 Huntington Rd, Edison, NJ 08820-3109NJ2007-03$350
13Banners Blood Bank444 B St, Springfield, OR 97477-4612OR2002-09$0
14Blood Research Institute16205 Norton Rd, Healdsburg, CA 95448-8186CA1999-01$0
15Blood Without Borders Inc7760 France Ave Suite 1100, Minneapolis, MN 55435MN2014-01$0
16Childrens Cord Blood Bank & Research FoundationPo Box 141216, Staten Island, NY 10314NY2008-08$0
17Cleveland County Sickle Cell Support Group Inc2330 China Ave, Shelby, NC 28150-2911NC1999-06$0
18Community Wellness Collective1221 Good Hope Rd Se, Washington, DC 20020DC2014-12$0
19Gencure6211 I-10 West, San Antonio, TX 78201TX2014-07$0
20Healing Hearts Support Group1 Perkins Sq, Akron, OH 44308-1063OH1998-04$0
Number of organizations performing similar types of work
Arizona1
California6
Colorado1
District of Columbia3
Florida3
Georgia2
Hawaii1
Iowa1
Illinois3
Louisiana2
Minnesota2
Missouri1
North Carolina3
New Jersey3
New York1
Ohio5
Oklahoma2
Oregon1
Pennsylvania5
Texas4
Virginia2
Wisconsin1
Wyoming1
Total54

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