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Nonprofit · EIN 20-8376689

ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION

Tax-exempt · CLEVELAND, OH 44128

Financials

$5.6M$6.9M2021$11M$6.9M2023$4.4M$6.7M2024
Revenue Expenses · by fiscal year end
Financials of ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,435,828$6,678,493-$2,242,665$5,796,721$1,867,764$3,928,957
December 31, 2023990$11,019,642$6,939,127$4,080,515$7,998,477$1,826,855$6,171,622
December 31, 2021990$5,594,758$6,922,515-$1,327,757$3,248,318$1,153,296$2,095,022
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$784,125
of which government grants
$175,000
Program service revenue
$3,935,281
Investment income
-$283,694
Net gain from sales of assets
-$286,627
Other revenue
$116

Expenses

Grants and similar amounts paid
$293,803
Compensation of officers, directors and key employees
$484,386
Other salaries and wages
$1,505,018
Salaries, compensation and benefits (total)
$2,406,364
Professional fundraising fees
$0
Occupancy
$192,626
Depreciation
$127,045
Program services (functional)
$5,972,932
Management and general (functional)
$640,490
Fundraising (functional)
$65,071

Balance sheet and other

Total assets, start of year
$7,998,477
Total assets, end of year
$5,796,721
Total liabilities, end of year
$1,867,764
Net assets, end of year
$3,928,957
Land, buildings and equipment
$572,144
Net assets without donor restrictions
$559,059
Net assets with donor restrictions
$3,369,898
Gross receipts
$4,782,805
Employees
51
Volunteers
8
Year formed
2006
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WOUTER VAN'T HOFCORD BLOOD BANK DIRECTOR
Key employee
40$178,477$9,008
MARCIE FINNEYFORMER EXECUTIVE DIRECTOR
Former
40$183,101$4,238
MARY LAUGHLINMEDICAL DIRECTOR
Highest-paid employee
25$122,808$762
BRUCE GOODMANCHAIRMAN, DIRECTOR
Trustee or director, Officer
2$0$0
DAVID WOOLFSECRETARY OF THE BOARD OF DIRECTORS
Trustee or director, Officer
1$0$0
BARBARA DROBNEYTREASURER, DIRECTOR
Trustee or director, Officer
2$0$0
PAMELA PLOTTDIRECTOR
Trustee or director
1$0$0
NANCY COOKDIRECTOR
Trustee or director
1$0$0
DAWN WILLIAMSDIRECTOR
Trustee or director
1$0$0
EMILY CHAMBERLINDIRECTOR
Trustee or director
1$0$0
DAWN WILLIAMSDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
WOUTER VAN'T HOFCORD BLOOD BANK DIRECTOR
Key employee
40$178,477$9,008
MARCIE FINNEYFORMER EXECUTIVE DIRECTOR
Officer
40$183,101$4,238
MARY LAUGHLINMEDICAL DIRECTOR
Highest-paid employee
25$122,808$762
BRUCE GOODMANCHAIRMAN, DIRECTOR
Trustee or director, Officer
2$0$0
DAVID WOOLFSECRETARY, DIRECTOR
Trustee or director, Officer
1$0$0
BARBARA DROBNEYTREASURER, DIRECTOR
Trustee or director, Officer
2$0$0
PAMELA PLOTTDIRECTOR
Trustee or director
1$0$0
NANCY COOKDIRECTOR
Trustee or director
1$0$0
DAWN WILLIAMSDIRECTOR
Trustee or director
1$0$0
ALEXANDER KATZDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2021: 7 people
NameTitleHours / weekCompensationOther / benefits
MARCIE FINNEYEXECUTIVE DIRECTOR
Officer
40$182,944$26,055
WOUTER VAN'T HOFCORD BLOOD BANK DIRECTOR
Key employee
40$176,692$14,875
MARY J LAUGHLINMEDICAL DIRECTOR
Trustee or director
25$162,806$0
ALEXANDER KATZDIRECTOR
Trustee or director
1$0$0
BRUCE GOODMANCHAIRMAN, DIRECTOR
Trustee or director, Officer
2$0$0
DAVID WOOLFDIRECTOR
Trustee or director
1$0$0
BARBARA DROBNEYTREASURER, DIRECTOR
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
25001 EMERY ROAD SUITE 225, CLEVELAND, OH 44128-5626
In care of
% MARCIE FINNEY
Principal officer (990 for 2024)
WOUTER VAN'T HOF, 25001 EMERY ROAD 150, CLEVELAND, OH 44128
Signed the 990
WOUTER VAN'T HOF, CORD BLOOD BANK DIRECTOR
Phone
(216) 896-0360
Return prepared by
ZINNER & CO LLP

Mission

THE ORGANIZATION IS ADVANCING UMBILICAL CORD BLOOD CELL THERAPY TREATMENTS: SAVING LIVES, ENHANCING HEALTH, AND EXPANDING KNOWLEDGE ONE BIRTH AT A TIME.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $4,448,941 · revenue $3,234,180
  • BEGINNING IN 2014, THE FOUNDATION PERFORMED LABORATORY RESEARCH IN CELLULAR THERAPEUTICS WITH ALL RESEARCH PAUSED AS OF MARCH 2024.
    Expenses $133,020
  • IN 2020, THE CORD BLOOD CENTER ESTABLISHED A CELL THERAPY INCUBATOR TO OFFER NEW TECHNOLOGIES FOR CELL PROCESSING AND DISTRIBUTE CORD BLOOD BASED PRODUCTS.
    Expenses $720,014 · revenue $701,101
  • NATIONAL CORD BLOOD NETWORK (NCBN) IS AN UNINCORPORATED ASSOCIATION OF MEDICAL PROVIDERS AND INSTITUTIONS WITH THE MISSION TO ESTABLISH CORD BLOOD TRANSPLANT AS A CURATIVE THERAPY FOR PATIENTS WITH HEMATOLOGIC MALIGNANCIES IN U.S. TRANSPLANT CENTERS.
    Expenses $670,957 · grants $293,803

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8376689
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H30)
Assets (IRS master file)
$5,796,721
Income (IRS master file)
$4,782,805

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,435,828$6,678,493$5,796,721IRS
990December 2023$11,019,642$6,939,127$7,998,477XML
990December 2022$7,333,168$7,361,352$4,418,427IRS
990December 2021$5,594,758$6,922,515$3,248,318XML
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8376689).

Questions about ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION

What is the EIN of ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION?
The employer identification number (EIN) of ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION is 20-8376689.
Is ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION?
The 990 for the year ended December 31, 2024 names WOUTER VAN'T HOF.
Who are the officers and directors of ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $178,477 (WOUTER VAN'T HOF, CORD BLOOD BANK DIRECTOR).
How much revenue does ABRAHAM J AND PHYLLIS KATZ CORD BLOOD FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,435,828, expenses of $6,678,493 and total assets of $5,796,721 at year end.

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