2023-05-10T09:16:21-05:00 2022-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2021-07-01 911019655 BLOODWORKS BLOO 2062926500 921 TERRY AVENUE SEATTLE WA 981041256 ROBERT GLEASON CHIEF FINANCIAL OFFICER 2066896680 2023-05-08 1 ROBERT GLEASON 999009999 COLLEEN RAMIRES P01251320 2063026500 2023-05-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CURT BAILEY 921 TERRY AVENUE SEATTLE WA 981041256 144865828 0 X WWW.BLOODWORKSNW.ORG X 1944 WA SAVING LIVES THROUGH RESEARCH, INNOVATION, EDUCATION & EXCELLENCE IN BLOOD, MEDICAL & LAB SERVICES. 10 9 973 395 0 0 1055564 875217 180405501 132170114 3531332 649566 768629 618441 185761026 134313338 639793 897816 0 0 75240750 76002114 8000 14500 323707 97568164 59455790 173456707 136370220 12304319 -2056882 105722670 100462161 25451520 25552071 80271150 74910090 SAVING LIVES THROUGH RESEARCH, INNOVATION, EDUCATION AND EXCELLENCE IN BLOOD, MEDICAL AND LABORATORY SERVICES IN PARTNERSHIP WITH OUR COMMUNITY. 0 0 103538219 125019698 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. 9721252 897816 7150416 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, AND TREATMENT OF CLOTTING DISORDERS. 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. 113259471 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 304 0 1 973 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 WA OR X ROBERT GLEASON 2066896680 921 TERRY AVENUE SEATTLE WA 981041256 CURT BAILEY PRESIDENT & CEO 40.00 X X 765282 0 43001 JOSE LOPEZ MD CHIEF SCIENTIFIC OFFICER 40.00 X 362984 0 41447 THERESA NESTER MD CO-CHIEF MEDICAL OFFICER MED SVCS 40.00 X 338626 0 32707 KIRSTEN ALCORN CO-CHIEF MEDICAL OFFICER MED SVCS 40.00 X 334615 0 31193 ROBERT GLEASON TREASURER & CFO 40.00 X 284316 0 56146 DAVID LIN MD EXECUTIVE DIRECTOR 40.00 X 294122 0 20191 VICKI FINSON EXECUTIVE VICE PRESIDENT 40.00 X 279218 0 31581 IDOIA GIMFERRER ASHI MEDICAL DIRECTOR 40.00 X 260107 0 45575 AARON POSEY EXECUTIVE VICE PRESIDENT 40.00 X 273061 0 22397 JILL M JOHNSEN MD MEMBER, ASSOCIATE 40.00 X 248760 0 42120 JING-FEI DONG MD MEMBER, RESEARCH 40.00 X 246556 0 42431 CHRISTINE DONATELLI CHIEF QUALITY OFFICER 40.00 X 230815 0 42585 MARK DESTREE EXECUTIVE VICE PRESIDENT 40.00 X 219528 0 43943 VITALIANA CONFORTI GENERAL COUNSEL 40.00 X 243419 0 19571 BARBARA KONKLE MD FORMER CHIEF SCIENTIFIC OFFICER 40.00 X 188016 0 18893 MAXINE SELLERS SECRETARY 40.00 X 82901 0 15570 SEAN W SIGMON BOARD CHAIR 1.00 X X 8000 0 0 MARK HULAK BOARD TRUSTEE (THRU 4/22) 1.00 X 8000 0 0 JOSEFINA FERNANDEZ MCEVOY ESQ BOARD TRUSTEE 1.00 X 6000 0 0 CHRISTINE HENNINGSGAARD BOARD TRUSTEE 1.00 X 4000 0 0 GENE FARRELL MBA BOARD TRUSTEE 1.00 X 4000 0 0 KIRSTEN ARANDA SCHWAB MBA BOARD TRUSTEE 1.00 X 2000 0 0 MOLLY FIRTH BOARD VICE CHAIR 1.00 X X 0 0 0 TREVOR GOODBY BOARD TRUSTEE 1.00 X 0 0 0 MIHO DOUGHERTY MD MPH BOARD TRUSTEE 1.00 X 0 0 0 JOYCE JACKSON BOARD TRUSTEE 1.00 X 0 0 0 4684326 0 549351 120 1 1 0 MEDIA PLUS 160 ROY STREET SEATTLE WA 98109 MARKETING CONSULTING 534691 ALPHA MEDIA LLC 1211 SW 5TH AVENUE SUITE 600 PORTLAND OR 97204 MARKETING CONSULTING 500500 DEGREE 37 LLC 14594 NW TREE TOP LANE SEABECK WA 98380 CONSULTING 500187 BLOOD BANK COMPUTER SYSTEMS 7206 VANDERMARK ROAD E BONNEY LAKE WA 98391 SOFTWARE SERVICES 358231 RELIABLE COMMERCIAL CLEANING INC 1609 CENTRAL AVENUE S SUITE K KENT WA 98032 COMMERCIAL CLEANING SERVICES 347845 26 169219 705998 19662 875217 SERVICE FEES 541900 116233427 116233427 RESEARCH REVENUE 541700 7150416 7150416 BLOOD DERIVATIVES 339110 5730350 5730350 OTHER PROGRAM SERVICE REVENUE 900099 2594400 2594400 DELIVERY FEES 480000 461521 461521 132170114 1045353 1045353 1403614 780551 623063 623063 623063 9323264 5800 9391700 333151 -68436 -327351 -395787 -395787 42466 169219 47088 -4622 -4622 134313338 132170114 0 1268007 459516 459516 438300 438300 3718972 2096016 1622956 69690 69690 57572873 47936079 9443244 193550 3639377 3018035 615092 6250 6031000 4919386 1092239 19375 4970202 4129477 825477 15248 247904 247904 82337 82337 14500 14500 118813 118813 3416553 2323702 1092851 2527931 2330809 185191 11931 3309340 1624188 1685152 4571964 3745221 812711 14032 7424747 5962334 1437124 25289 161275 124144 37131 188614 84256 104358 130951 124819 6132 6124311 3378143 2732733 13435 1231989 1002681 225343 3965 DRUGS AND SUPPLIES 27685756 27685756 TRANSPORTATION 2233305 1931738 301567 136370220 113259471 22787042 323707 18421612 15800704 1514184 1225567 15936089 19529582 2887556 3102986 2305001 2326785 138086342 103685574 38186593 34400768 25844683 23043659 0 525000 626952 507110 105722670 100462161 15451520 15552071 10000000 10000000 25451520 25552071 X 75585608 70911160 4685542 3998930 80271150 74910090 105722670 100462161 X -2056882 -3571216 267038 X 0 1 X 1 1 1 X 1034605 1671845 2127883 1055564 875217 6765114 194400628 204928770 188563455 180405501 132170114 900468468 174748 174695 246583 68256 42466 706748 195609981 206775310 190937921 181529321 133087797 907940330 222500 189870 912458 205704 273443 1803975 0 222500 189870 912458 205704 273443 1803975 906136355 2862117 2980178 2168237 2140210 2448967 12599709 2862117 2980178 2168237 2140210 2448967 12599709 198472098 209755488 193106158 183669531 135536764 920540039 0.98440 0.98450 0.01370 0.01360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3372908 252677 -433513 3192072 3357519 12000 285917 282528 3372908 3342638 12000 250073 247192 3357519 3660095 14000 204975 536432 3342638 3800128 -238400 100678 2311 3660095 0.00000 1.00000 0.00000 0 0 1509887 1509887 60625656 39878276 20747380 7389470 6297885 1091585 57602436 50045179 7557257 10958893 7464234 3494659 34400768 X 131717986 -3571216 -3571216 135289202 118813 -1094677 -975864 134313338 137079046 827639 827639 136251407 118813 118813 136370220 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUND 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, 2022 AND 2021, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL REVENUE -780,551. FUNDRAISING FEES NETTED WITH FUNDRAISING REVENUE -47,088. JOINT VENTURE INVESTMENT BOOK/TAX ADJUSTMENT -267,038. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH RENTAL REVENUE 780,551. FUNDRAISING FEES NETTED WITH FUNDRAISING REVENUE 47,088. BLOODWORKS GIVING CAMPAIGN 211685 169219 42466 20057 9715 5500 11816 211685 169219 42466 20057 9715 5500 11816 47088 -4622 1 REGENTS OF THE UNIVERSITY OF COLORADO 13199 E MONTVIEW BLVD SUITE 100 AURORA CO 80045 846000555 PUBLIC UNIVERSITY 11000 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY OREGON HEALTH SCIENCES UNIVERSITY 3181 SW SAM JACKSON PARK RD L106OPAM PORTLAND OR 972393098 931176109 PUBLIC UNIVERSITY 11000 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY UNIVERSITY OF WASHINGTON GRANT CONTRACT ACCOUNTING BOX 354966 SEATTLE WA 981954966 916001537 PUBLIC UNIVERSITY 248262 0 COMPREHENSIVE CHARACTERIZATION OF MISSENSE MUTANTS IN FACTOR IX UNIVERSITY OF WASHINGTON 4333 BROOKLYN AVE NE SEATTLE WA 981959472 916001537 PUBLIC UNIVERSITY 57658 0 MOLECULAR AND TRANSLATIONAL STUDIES IN HEMATOLOGIC DISORDERS UNIVERSITY OF UTAH 30 N MEDICAL DR RM 28200 SALT LAKE CITY UT 84132 876000525 PUBLIC UNIVERSITY 13000 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 770303411 741613878 501(C)(3) 30227 0 WILLEBRAND FACTOR IN TRAUMATIC BRAIN INJURY SWEDISH MEDICAL CENTER 747 BROADWAY SEATTLE WA 981224307 910433740 501(C)(3) 12525 0 COLD-STORED PLATELETS TO TREAT BLEEDING IN CARDIAC SURGERY PATIENTS YALE UNIVERSITY SCHOOL OF MEDICINE PO BOX 208087 NEW HAVEN CT 065208087 060646973 501(C)(3) 11000 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY WA INSTITUTE FOR COAGULATION 701 PIKE STREET STE 1900 SEATTLE WA 98101 832302258 501(C)(3) 27244 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY VANDERBILT UNIVERSITY MEDICAL CENTER 3322 WEST END AVE STE 1000 NASHVILLE TN 27203 352528741 501(C)(3) 11000 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND 1430 TULANE AVENUE NEW ORLEANS LA 70112 720423889 501(C)(3) 18800 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY BLEEDING & CLOTTING DISORDERS INSTITUTE 9128 N LINDBERGH DR PEORIA IL 61615 272050459 501(C)(3) 7800 0 VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY 12 0 RESEARCH PARTICIPANTS FOR BLOOD STUDIES 882 438300 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 X X X 0 0 0 0 0 0 0 1 0 CURT BAILEY PRESIDENT & CEO 602610 0 154272 0 8400 0 17350 0 25651 0 808283 0 0 0 JOSE LOPEZ MD CHIEF SCIENTIFIC OFFICER 329814 0 15874 0 17296 0 32622 0 8825 0 404431 0 0 0 THERESA NESTER MD CO-CHIEF MEDICAL OFFICER MED SVCS 305853 0 31770 0 1003 0 32707 0 0 0 371333 0 0 0 KIRSTEN ALCORN CO-CHIEF MEDICAL OFFICER MED SVCS 304292 0 30323 0 0 0 21726 0 9467 0 365808 0 0 0 ROBERT GLEASON TREASURER & CFO 280045 0 3641 0 630 0 32332 0 23814 0 340462 0 0 0 DAVID LIN MD EXECUTIVE DIRECTOR 291692 0 0 0 2430 0 20191 0 0 0 314313 0 0 0 VICKI FINSON EXECUTIVE VICE PRESIDENT 235543 0 43045 0 630 0 14053 0 17528 0 310799 0 0 0 IDOIA GIMFERRER ASHI MEDICAL DIRECTOR 259600 0 0 0 507 0 20418 0 25157 0 305682 0 0 0 AARON POSEY EXECUTIVE VICE PRESIDENT 235363 0 34693 0 3005 0 13572 0 8825 0 295458 0 0 0 JILL M JOHNSEN MD MEMBER, ASSOCIATE 245630 0 2500 0 630 0 28487 0 13633 0 290880 0 0 0 JING-FEI DONG MD MEMBER, RESEARCH 245614 0 0 0 942 0 24521 0 17910 0 288987 0 0 0 CHRISTINE DONATELLI CHIEF QUALITY OFFICER 227355 0 3070 0 390 0 18784 0 23801 0 273400 0 0 0 MARK DESTREE EXECUTIVE VICE PRESIDENT 211189 0 8339 0 0 0 26033 0 17910 0 263471 0 0 0 VITALIANA CONFORTI GENERAL COUNSEL 239780 0 3009 0 630 0 10763 0 8808 0 262990 0 0 0 BARBARA KONKLE MD FORMER CHIEF SCIENTIFIC OFFICER 178783 0 0 0 9233 0 14480 0 4413 0 206909 0 0 0 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 2022, 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: BOOK/TAX DIFFERENCE 267,038. 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