Better Business Bureau Report for
Gulf Coast Regional Blood Center

Better Business Bureau Report issued April 2012
Better Business Bureau Report expires April 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Gulf Coast Regional Blood Center
Address: 1400 La Concha
  Houston, TX 77054
Phone: 713-790-1200
888-482-5663
Web Address: www.giveblood.org
Also known as:The Blood Center
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Better Business Bureau Comments

Year, State Incorporated: 1975, Texas
Affiliates: None
Stated Purpose: Gulf Coast Regional Blood Center's mission is to partner with the community to help save and sustain lives by providing a safe and adequate supply of blood, blood components and related services.

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Evaluation Conclusions

               

Gulf Coast Regional Blood Center meets the 20 Standards for Charity Accountability.
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Programs

               

Gulf Coast Regional Blood Center aspires to meet all of the red blood cell needs of the patients in the communities we serve. In 2011 The Blood Center collected more than 333,000 donations, enough to help save nearly 1 million lives. The blood helped patients in over 170 hospitals and healthcare facilities in a 26-county region. By providing an adequate blood supply to our service region, they ensure that surgeries proceed as scheduled, therapeutic transfusions continue without disruption and trauma victims receive life-saving blood in a critical time frame.

For the fiscal year ended December 31, 2010, Gulf Coast Regional Blood Center's program expenses were:

  
Collection 40,147,953
Processing 27,020,880
Recruitment 11,144,716
Program support services 7,988,798
Distribution 3,617,969
Marrow donor program 1,394,255
Imports 289,526
Total Program Expenses: $91,604,097
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Governance

               

Chief Executive : Brian Gannon, President & CEO
Compensation*:
 $482,033

Chair of the Board: David M. McClanahan
Chair's Profession / Business Affiliation: CenterPoint Energy, President & CEO

Board Size: 25

Paid Staff Size: 700

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

invitations to fund raising events, grant proposals
Fund raising costs were 27% of related contributions. (Related contributions, which totaled $495,769, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Gulf Coast Regional Blood Center's audited financial statements - consolidated for the fiscal year ended December 31, 2010.

Source of Funds  
Service fees, blood, and blood components 90,621,986
Laboratory services 14,142,129
Investment and other income 1,965,261
National marrow donor fees 1,253,360
Contributions resticted by donor 281,610
National marrow donor contributions 162,790
Contributions - major gift 51,369
Total Income $108,478,505


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Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: Less than 1%  Administrative: 7% 

Total income   $108,478,505
  Program expenses $91,604,097
  Fund raising expenses 131,934
  Administrative expenses 7,405,111
 
Total expenses   $99,141,142
Income in Excess of Expenses   9,337,363
Beginning net assets   49,701,792
Ending net assets   59,039,155
Total liabilities   18,734,706
Total assets   $77,773,861


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Complaints

               

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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