NEW YORK BLOOD CENTER INC Charity Report

Public IRS 990 nonprofit record

NEW YORK BLOOD CENTER INC

EIN 13-1949477 · Health Care (E610)

What they do

AS ONE of THE MOST PREEMINENT and COMPREHENSIVE BLOOD CENTERS IN THE WORLD, NEW YORK BLOOD CENTER OPERATES UNDER A FOUR-PART MISSION.SPECIFICALLY, NYBC EXISTS:- to PROVIDE THE HIGHEST QUALITY BLOOD and STEM CELL PRODUCTS and RELATED MEDICAL and CONSULTATIVE SERVICES to HOSPITALS and PATIENTS.- to CONDUCT THE HIGHEST QUALITY, NOVEL and INNOVATIVE RESEARCH IN THE FIELDS of HEMATOLOGY, BLOOD BANKING and TRANSFUSION MEDICINE, and CELLULAR THERAPIES, THUS ADVANCING THESE FIELDS and POSITIVELY IMPACTING THE PUBLIC HEALTH- to DEVELOP PRODUCTS, TECHNOLOGIES, and SERVICES IN THE FIELDS of HEMATOLOGY, BLOOD BANKING, and TRANSFUSION MEDICINE and CELLULAR THERAPIES, WITH THE POTENTIAL to HAVE WORLDWIDE HUMANITARIAN IMPACT- to TRAIN THE NEXT GENERATION of LEADERS IN EACH of THESE FIELDS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.33%of revenue went to mission work75.2% of expenses · Program services

0.08%of revenue went to fundraising0.1% of expenses

$105.46spent for every $100 of revenueSpending was higher than revenue this year.

26.05%of revenue went to management and office costs24.7% of expenses

$1.30in assets for every $1 spent this yearSome assets cannot be spent right away.

2.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $34,367,975 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,678,053 for CHRISTOPHER D HILLYER (PRESIDENT & CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$629,039,352

Mission workProgram services$499,002,16479.33% of revenue75.2% of expenses

ManagementOffice and general costs$163,882,88426.05% of revenue24.7% of expenses

FundraisingAsking for donations$522,2790.08% of revenue0.1% of expenses

Total expenses$663,407,327105.46% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 75.2% mission · 24.7% management · 0.1% fundraisingTotal expenses: 105.46% of revenue

2024Expense mix: 77.6% mission · 22.3% management · 0.1% fundraisingTotal expenses: 107.75% of revenue

2023Expense mix: 88.3% mission · 11.5% management · 0.1% fundraisingTotal expenses: 106.15% of revenue

2022Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 99.60% of revenue

2021Expense mix: 91.0% mission · 8.9% management · 0.1% fundraisingTotal expenses: 98.90% of revenue

2020Expense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 91.42% of revenue

2019Expense mix: 90.6% mission · 9.4% management · 0.0% fundraisingTotal expenses: 99.86% of revenue

2018Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 99.16% of revenue

Money in and money out

Revenue$629,039,352

Expenses$663,407,327

Annual shortfall $34,367,975 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$499,002,164 · 75.2% of expenses

Management and office costs$163,882,884 · 24.7% of expenses

Fundraising$522,279 · 0.1% of expenses

See all reported dollar amounts

Revenue$629,039,352

Expenses$663,407,327

Assets$865,370,158

Income$734,783,426

Contributions$15,448,313

Mission work (program services)$499,002,164

Fundraising$522,279

Grants given$95,000

Average grant$19,000

Management and general$163,882,884

Executive compensation (total)$7,135,115

Stocks and bonds$939,285

Accounting fees$266,372

Investing fees$2,222,518

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTOPHER D HILLYERPRESIDENT & CHIEF EXECUTIVE OFFICER · 50 hrs/week $2,678,053Base $2,555,660 · Other $122,393

JOSEPH MOHREVP, CHIEF BUSINESS OFFICER · 50 hrs/week $966,550Base $884,985 · Other $81,565

DAVID BENCHEVP, CHIEF FINANCIAL OFFICER · 50 hrs/week $709,071Base $618,470 · Other $90,601

VAUGHN RATCHFORDSVP, CHIEF REAL ESTATE OFFICER · 50 hrs/week $646,010Base $571,759 · Other $74,251

BETSY JETTSVP, QUALITY AND REGULATORY AFFAIRS · 50 hrs/week $574,170Base $526,442 · Other $47,728

RICHARD KIERNANSVP, CHIEF HUMAN RESOURCES OFFICER · 50 hrs/week $522,916Base $462,125 · Other $60,791

MEGHAN WOODVP, VENTURES & BUSINESS DEVELOPMENT · 50 hrs/week $520,178Base $445,797 · Other $74,381

BRUCE SACHAISSVP, CHIEF MEDICAL OFFICER · 50 hrs/week $512,983Base $451,374 · Other $61,609

ANDREA CEFARELLIEVP, CHIEF OPERATING OFFICER · 50 hrs/week $498,391Base $454,288 · Other $44,103

PATRICIA KILLEENSVP, LOGISTICS, OPS EXCELLENCE · 50 hrs/week $490,274Base $432,772 · Other $57,502

JEANNIE MASCOLINOVP, BLOOD OPERATIONS NYBC · 50 hrs/week $468,240Base $399,423 · Other $68,817

SHILPI BANERJEESVP, GENERAL COUNSEL AND SECRETARY · 50 hrs/week $439,925Base $419,487 · Other $20,438

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (42)

CHRISTOPHER D HILLYERPRESIDENT & CHIEF EXECUTIVE OFFICER

JOSEPH MOHREVP, CHIEF BUSINESS OFFICER

DAVID BENCHEVP, CHIEF FINANCIAL OFFICER

VAUGHN RATCHFORDSVP, CHIEF REAL ESTATE OFFICER

BETSY JETTSVP, QUALITY AND REGULATORY AFFAIRS

RICHARD KIERNANSVP, CHIEF HUMAN RESOURCES OFFICER

MEGHAN WOODVP, VENTURES & BUSINESS DEVELOPMENT

BRUCE SACHAISSVP, CHIEF MEDICAL OFFICER

ANDREA CEFARELLIEVP, CHIEF OPERATING OFFICER

PATRICIA KILLEENSVP, LOGISTICS, OPS EXCELLENCE

JEANNIE MASCOLINOVP, BLOOD OPERATIONS NYBC

SHILPI BANERJEESVP, GENERAL COUNSEL AND SECRETARY

LARRY LUCHSINGERSVP, CHIEF SCIENTIFIC OFFICER

ERIC SENALDIDEPUTY CHIEF MEDICAL OFFICER

ADRIAN DAVIDEVP, CHIEF OPERATING OFFICER

MAHTAB KHANVICE PRESIDENT OF FINANCE

ERIC GEHRIEDEPUTY CHIEF MEDICAL OFFICER

JONATHAN BARBAVP, INFORMATION TECHNOLOGY

JO ANNE VALENTINOSVP COMPREHENSIVE CELL SOLUTIONS

MONIQUE BROWN GEORGEVP, HUMAN RESOURCES

CLAY RICHSVP, DEPUTY COO BLOOD AND LAB OPERATIONS

DAVID GRAHAMSVP ENTERPRISE DONOR ENGAGEMENT

JED GORLINVP, MEDICAL & REGULATORY AFFAIRS

DONNA STRAUSSSVP, ENTERPRISE LABORATORY SERVICES

SARAH VOSSOUGHISVP ENTERPRISE LABORATORY SERVICES

JORDANA SCHWARTZSVP - GENERAL COUNSEL/SECRETARY

YVES DENIZETRUSTEE

ARIEL FISHMANTRUSTEE

THERESA RAGOZINETRUSTEE

AVERY AUGUSTTRUSTEE

ROBERT A SCHWARTZTRUSTEE

PHILIP J FALIVENETRUSTEE

PAUL M TORGERSONTRUSTEE

DAVID DRISCOLLTRUSTEE

OWEN GARRICKTRUSTEE

MARK SCHMIDTLEINTRUSTEE

MARC KRAMERTRUSTEE

JAIME SHAMONKITRUSTEE

JUNG CHOITRUSTEE

AARON R MARCUTRUSTEE

JOHN L ROSENTHALTRUSTEE

JOHN FERRETTITRUSTEE

About this charity

Recognized since: January 1961
Location: 310 E 67TH ST, NEW YORK, NY 10065-6275
County: New York
In care of: % GAIL SHAYO
Primary officer: DAVID BENCH, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(212) 570-3000 Officer phone(212) 570-3100

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Health Care (E610)
IRS tax category: Blood and Organ Banks
Grant-giving organization: Yes