2024-11-14T09:17:21-06:00 2023-12-31 341663731 ZINNER & CO LLP 3201 ENTERPRISE PARKWAY SUITE 410 CLEVELAND OH 441227329 990 2023-01-01 208376689 THE ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION ABRA 2168960360 25001 EMERY ROAD 150 CLEVELAND OH 44128 WOUTER VAN'T HOF CORD BLOOD BANK DIRECTOR 2168960360 2024-11-12 1 0 SUSAN D KRANTZ P00233254 2168310733 2024-11-11 2023 2024-10-15 13:58:12Z CLEVELAND CORD BLOOD CENTER WOUTER VAN'T HOF 25001 EMERY ROAD 150 CLEVELAND OH 44128 11019642 0 X WWW.CLEVELANDCORDBLOOD.ORG X 2006 OH THE ORGANIZATION'S VISION STATEMENT: A WORLD IN WHICH CORD BLOOD THERAPIES ENHANCE QUALITY OF LIFE FOR ALL.THE ORGANIZATION'S CORE VALUES ARE QUALITY, COLLABORATION, INNOVATION, LEADERSHIP, COMPASSION, AND INTEGRITY. 8 7 44 7 0 0 3423515 6894622 3909545 4047931 108 44187 0 32902 7333168 11019642 0 0 0 0 3497547 2959130 0 0 81354 3863805 3979997 7361352 6939127 -28184 4080515 4418427 7998477 2327320 1826855 2091107 6171622 THE ORGANIZATION IS ADVANCING UMBILICAL CORD BLOOD CELL THERAPY TREATMENTS: SAVING LIVES, ENHANCING HEALTH, AND EXPANDING KNOWLEDGE ONE BIRTH AT A TIME. 0 0 4753323 3304535 THE ORGANIZATION HAS BEEN ESTABLISHED TO HARVEST, PROCESS, AND UTILIZE UMBILICAL CORD BLOOD ("UCB") STEM CELLS FOR CLINICAL TRANSPLANTATION, MEDICAL RESEARCH, AND DISTRIBUTION, AND TO PROVIDE EDUCATION TO PHYSICIANS AND THE PUBLIC AT LARGE ON ADVANCES IN THE UTILIZATION OF UCB-DERIVED STEM CELLS FOR THE TREATMENT OF CANCER AND OTHER DISEASES. 606641 BEGINNING IN 2014, THE FOUNDATION PERFORMS LABORATORY RESEARCH IN CELLULAR THERAPEUTICS WITH TWO STUDIES CURRENTLY IN PROGRESS. 899046 743396 IN 2020, THE CORD BLOOD CENTER ESTABLISHED A CELL THERAPY INCUBATOR TO OFFER NEW TECHNOLOGIES FOR CELL PROCESSING AND DISTRIBUTE CORD BLOOD BASED PRODUCTS. 6259010 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 25 0 1 44 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 OH MN GA CA X WOUTER VAN'T HOF 2168960360 25001 EMERY ROAD 150 CLEVELAND OH 44128 X BRUCE GOODMAN CHAIRMAN, DIRECTOR 2.00 X X 0 0 0 DAVID WOOLF SECRETARY, DIRECTOR 1.00 X X 0 0 0 BARBARA DROBNEY TREASURER, DIRECTOR 2.00 X X 0 0 0 PAMELA PLOTT DIRECTOR 1.00 X 0 0 0 NANCY COOK DIRECTOR 1.00 X 0 0 0 DAWN WILLIAMS DIRECTOR 1.00 X 0 0 0 ALEXANDER KATZ DIRECTOR 1.00 X 0 0 0 MARCIE FINNEY FORMER EXECUTIVE DIRECTOR 40.00 X 183101 0 4238 WOUTER VAN'T HOF CORD BLOOD BANK DIRECTOR 40.00 X 178477 0 9008 MARY LAUGHLIN MEDICAL DIRECTOR 25.00 X 122808 0 762 484386 0 14008 3 0 1 0 JES DEVELOPMENT LTD 3201 ENTERPRISE PARKWAY SUITE 150 BEACHWOOD OH 44122 RENTED SPACE 288254 1 458664 6435958 6894622 EARNED REVENUES - CLINICAL UCB 541700 1786570 1786570 MISCELLANEOUS PROGRAM 541700 612068 612068 EARNED REVENUES - RESEARCH UCB 541700 561625 561625 HRSA CONTRACT 541700 498365 498365 REIMBURSED SALARIES/EXPENSES 541700 487953 487953 101350 101350 4047931 44187 44187 MISC REVENUE 900099 32902 32902 32902 11019642 4047931 0 77089 484386 450570 28816 5000 1964783 1827619 116883 20281 319442 287370 27497 4575 190519 170769 17799 1951 33172 7783 6452 18937 71969 59384 12585 259433 182970 65854 10609 161599 150514 10705 380 55666 35671 17387 2608 PROFESSIONAL FEES 1309457 1146662 162795 0 LAB EXPENSES 1191615 1187383 4232 0 EQUIPMENT RENTAL & MAIN 292802 288055 4747 0 POSTAGE & SHIPPING 269290 267012 2278 0 334994 197248 120733 17013 6939127 6259010 598763 81354 234773 533325 22504 4540 982622 4673866 484088 547493 49698 61496 103173 144384 4892217 4204500 847606 687717 437150 518827 1256813 826829 4418427 7998477 780463 742539 1546857 1084316 2327320 1826855 X 1082174 1637755 1008933 4533867 2091107 6171622 4418427 7998477 4080515 0 X X 0 1 X 1 0 X 510090 2928468 868277 3423515 6894622 14624972 4279919 3945497 4717237 3909545 4047931 20900129 4790009 6873965 5585514 7333060 10942553 35525101 458659 2536510 290498 2239661 6410414 11935742 648073 1011277 1761479 851911 468798 4741538 1106732 3547787 2051977 3091572 6879212 16677280 18847821 5158 1481 209 117 44187 51152 5158 1481 209 117 44187 51152 6296 6828 9064 32902 55090 4801463 6882274 5594787 7333177 11019642 35631343 0.52900 0.62630 0.00140 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1103747 587527 516220 2945691 2778526 167165 842779 838447 4332 687717 DEPOSITS 5599 COSTS TO ESTABLISH SUBSIDIARIES 12285 RIGHT OF USE ASSETS 808945 826829 DEFERRED LEASE INCENTIVE 40762 CURRENT PORTION OF DEFERRED LEASE INCENTIVES 27541 CURRENT PORTION OF TERM LOANS 91712 OPERATING LEASE LIABILITY 817581 LINE OF CREDIT 106720 1084316 X 11019642 0 11019642 0 11019642 6939127 0 6939127 0 6939127 PART X, LINE 2: THE ORGANIZATIONS FOLLOW THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATIONS INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE ORGANIZATIONS ACTIVITIES, THE ORGANIZATIONS BELIEVE THEIR POSITIONS OF CURRENT TAX-EXEMPT STATUS ARE CORRECT BASED ON CURRENT FACTS AND CIRCUMSTANCES. MANAGEMENT DOES NOT CONSIDER ANY OF THE ACTIVITY OF THE ORGANIZATIONS TO BE UNRELATED BUSINESS INCOME THAT COULD RESULT IN INCOME TAX. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THERE WAS NO TAX RELATED INTEREST OR PENALTIES REFLECTED IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES OR IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. X X X 0 0 0 0 0 0 0 0 0 WOUTER VAN'T HOF CORD BLOOD BANK DIRECTOR 148477 0 0 0 30000 0 0 0 9008 0 187485 0 0 0 MARCIE FINNEY FORMER EXECUTIVE DIRECTOR 164135 0 0 0 18966 0 0 0 4238 0 187339 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B CURRENTLY THERE ARE NO ACTIVE COMMITTEES OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE RETURN IS PROVIDED FIRST TO MANAGEMENT AND THEN TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT PRIOR TO FILING. ONCE FINALIZED, A COPY OF THE FORM 990, AS FILED WITH THE IRS, IS SUPPLIED TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE COMPLETED AND SIGNED BY EACH DIRECTOR, OFFICER AND KEY EMPLOYEE. ALL KNOWN POTENTIAL CONFLICTS ARE LISTED AND SHARED WITH THE BOARD OF DIRECTORS. SHOULD A DECISION COME TO THE BOARD INVOLVING ONE OF THE STATED CONFLICTS, THE INDIVIDUAL WILL FOLLOW THE WRITTEN CONFLICT OF INTEREST POLICY AND DISCLOSE HIS OR HER CONFLICT, PROVIDE ANY INFORMATION DESIRED BY THE BOARD, AND RECUSE HIM OR HERSELF FROM THE MEETING FOR THE DELIBERATIONS AND THE VOTE ON THE MATTER INVOLVING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DUE TO THE SMALL NUMBER OF NONPROFIT CORD BLOOD BANKS IN THE UNITED STATES, SALARY INFORMATION IS AVAILABLE FOR THE OFFICERS AND KEY EMPLOYEES ON 990S FILED ON CANDID.ORG. IN ADDITION, THE BOARD MEMBERS, WHO ARE EITHER DIRECTORS OF ANOTHER NONPROFIT ORGANIZATION AND HAVE THEIR OWN ORGANIZATION TO COMPARE WITH THE CLEVELAND CORD BLOOD CENTER OR OWNERS AND OFFICERS OF SMALL BUSINESSES, USE THEIR KNOWLEDGE OF THE INDUSTRY TO DETERMINE REASONABLENESS OF THE COMPENSATION. THE FULL BOARD APPROVES THE COMPENSATION BY FORMAL VOTE AT A BOARD MEETING, WHICH IS DOCUMENTED IN THE MINUTES OR BY SIGNED WRITTEN CONSENT WITHOUT A MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FORMS 990 ARE AVAILABLE ON CANDID.ORG AND SOME OF ITS ORGANIZING DOCUMENTS ARE AVAILABLE ON THE OHIO SECRETARY OF STATE'S WEBSITE. FORM 990, PART VII, LINE 1A MARCIE FINNEY LEFT AS EXECUTIVE DIRECTOR ON OCTOBER 8, 2024. FORM 990, PART XII, LINE 2C THE PROCESS USED BY THE FULL BOARD THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. ADVANCED-IMMUNE CELLULAR THERAPEUTICS LLC 25001 EMERY ROAD 150 CLEVELAND OH 44128 844121128 CONDUCTS PRECLINICAL RESEARCH, FOCUSED ON ENHANCING TREG CELLS OH 75112 THE ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION CLEVELAND CELL THERAPY INCUBATOR LLC 25001 EMERY ROAD 150 CLEVELAND OH 44128 844085190 ADVANCEMENT OF NEW CELL PROCESSING TECHNOLOGIES AND PRODUCTS OH 949996 780034 THE ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION APPLIX BACT CELL THERAPEUTICS LLC 25001 EMERY ROAD 150 CLEVELAND OH 44128 863656067 CONDUCTS PRECLINICAL RESEARCH, FOCUSED ON DEVELOPING A WOUND HEALING PRODUCT OH 67519 THE ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION