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Nonprofit · EIN 52-1273592

LIFENET HEALTH

Also known as LIFENET

Tax-exempt · VIRGINIA BCH, VA 23453

Financials

$535.5M$520.2M2023$598.6M$580.5M2024
Revenue Expenses · by fiscal year end
Financials of LIFENET HEALTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$598,564,898$580,539,536$18,025,362$650,791,984$249,726,982$401,065,002
December 31, 2023990$535,478,299$520,247,214$15,231,085$637,718,043$257,704,610$380,013,433
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$175,716
of which government grants
$120,553
Program service revenue
$587,707,741
Investment income
$3,602,675
Net gain from sales of assets
$635,644
Other revenue
$7,078,766

Expenses

Grants and similar amounts paid
$101,124
Compensation of officers, directors and key employees
$6,473,802
Other salaries and wages
$147,932,084
Salaries, compensation and benefits (total)
$196,223,115
Professional fundraising fees
$0
Legal fees
$2,574,575
Accounting fees
$422,880
Occupancy
$13,229,446
Travel
$7,555,280
Depreciation
$13,287,148
Program services (functional)
$496,197,866
Management and general (functional)
$84,341,670

Balance sheet and other

Total assets, start of year
$637,718,043
Total assets, end of year
$650,791,984
Total liabilities, end of year
$249,726,982
Net assets, end of year
$401,065,002
Land, buildings and equipment
$86,813,679
Publicly traded securities
$52,844,777
Net assets without donor restrictions
$401,065,002
Gross receipts
$768,516,495
Employees
1,721
Volunteers
105
Year formed
1982
State of legal domicile
VA

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
MR RONY THOMASCEO
Trustee or director, Officer
40$3,545,517$572,453
MR DOUGLAS WILSONEXECUTIVE VP
Key employee
40$945,386$239,307
MR ALAN BORTNICKCHIEF ADMINISTRATIVE OFFICER
Highest-paid employee
40$689,050$239,228
MR DANIEL OSBORNECHIEF GROWTH OFFICER
Highest-paid employee
40$682,578$237,144
MR MICHAEL POOLEEVP, GLOBAL OPERATIONS
Highest-paid employee
40$664,933$211,939
MR JAMES BIBBSCHIEF HUMAN RESOURCES OFFICER
Highest-paid employee
40$620,078$245,989
MR J PHILIP JONESVP/SECRETARY/CFO
Officer
40$546,918$242,595
MR DARRELL JESSEEVP, LS COMMERCIAL OPERATIONS
Highest-paid employee
40$640,402$113,630
DR JOHN HERRECHAIRMAN
Trustee or director
3$55,000$0
DR LEE RILEYDIRECTOR
Trustee or director
2$36,500$0
DR JOHN CARDEAVICE CHAIRMAN
Trustee or director
2$27,500$0
MRS YVONNE WILDDIRECTOR
Trustee or director
2$27,500$0
DR MARK REYNOLDSDIRECTOR
Trustee or director
2$27,500$0
MRS LINDA CROSSDIRECTOR
Trustee or director
2$27,500$0
DR ADAM LANDSMANDIRECTOR
Trustee or director
2$27,500$0
5 more people on this return
NameTitleHours / weekCompensation
DR KEVIN BONNERDIRECTOR
Trustee or director
2$27,500
DR LENNEAL HENDERSONDIRECTOR
Trustee or director
2$27,500
REV JONATHAN BARTONDIRECTOR
Trustee or director
2$27,500
MR F BLAIR WIMBUSHDIRECTOR
Trustee or director
2$27,500
DR GERALD BOWERSDIRECTOR (ENDED 11/02/24)
Trustee or director
2$26,000
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
MR RONY THOMASCEO
Trustee or director, Officer
40$2,948,491$569,789
MR DOUG WILSONEXECUTIVE VP
Key employee
40$830,337$144,269
MR DANIEL OSBORNECHIEF GROWTH OFFICER
Highest-paid employee
40$589,595$159,599
MR ALAN BORTNICKSVP, ADMINISTRATION
Highest-paid employee
40$567,125$161,538
MR MICHAEL POOLEEVP, GLOBAL OPERATIONS
Highest-paid employee
40$553,690$134,489
MR DARRELL JESSEECHIEF COMMERCIAL OFFICER
Highest-paid employee
40$540,051$111,121
MR MICHAEL PLEWSVP, QUALITY & RC
Highest-paid employee
40$562,848$61,027
MR J PHILIP JONESVP/SECRETARY/CFO
Officer
40$428,549$168,205
DR JOHN HERRECHAIRMAN
Trustee or director, Officer
3$27,500$0
DR GERALD BOWERSDIRECTOR
Trustee or director
2$15,000$0
MRS LINDA CROSSDIRECTOR
Trustee or director
2$15,000$0
DR MARK REYNOLDSDIRECTOR
Trustee or director
2$15,000$0
DR LENNEAL HENDERSONDIRECTOR
Trustee or director
2$15,000$0
DR LEE RILEYDIRECTOR
Trustee or director
2$15,000$0
DR ADAM LANDSMANDIRECTOR
Trustee or director
2$15,000$0
DR KEVIN BONNERDIRECTOR
Trustee or director
2$15,000$0
MRS YVONNE WILDDIRECTOR
Trustee or director
2$15,000$0
MR F BLAIR WIMBUSHDIRECTOR
Trustee or director
2$15,000$0
DR JOHN CARDEAVICE CHAIRMAN
Trustee or director
2$11,500$0
REV JONATHAN BARTONDIRECTOR
Trustee or director
2$11,500$0
MRS ANN LANGEDIRECTOR (END 11/11/23)
Trustee or director
2$0$0
DR WILLIAM GREERDIRECTOR (END 8/30/23)
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1864 CONCERT DR, VIRGINIA BCH, VA 23453-1903
In care of
% GORDON BERKSTRESSER
Principal officer (990 for 2024)
RONY THOMAS, 1864 CONCERT DR, VIRGINIA BEACH, VA 23453
Signed the 990
J PHILIP JONES, SECRETARY/CFO
Phone
(757) 464-4761
Return prepared by
KPMG LLP

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • PROCESSING AND DISTRIBUTION OF HUMAN ALLOGRAFT TISSUE FOR TRANSPLANTATION.
    Expenses $414,774,659 · grants $101,124 · revenue $506,437,527
  • ORGAN RECOVERY AND TRANSPLANTATION SERVICES.
    Expenses $76,480,979 · revenue $88,262,640
  • ORGAN AND TISSUE CALL CENTER SERVICES.
    Expenses $4,942,228 · revenue $86,340

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
52-1273592
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E65)
Assets (IRS master file)
$650,791,984
Income (IRS master file)
$768,516,495

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$598,564,898$580,539,536$650,791,984XML
990-TDecember 2024–––IRS
990December 2023$535,478,299$520,247,214$637,718,043XML
990-TDecember 2023–––IRS
990December 2022$456,633,012$443,032,293$551,891,048IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 52-1273592).

Questions about LIFENET HEALTH

What is the EIN of LIFENET HEALTH?
The employer identification number (EIN) of LIFENET HEALTH is 52-1273592.
Is LIFENET HEALTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to LIFENET HEALTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFENET HEALTH 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 LIFENET HEALTH 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 LIFENET HEALTH 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 LIFENET HEALTH?
The 990 for the year ended December 31, 2024 names RONY THOMAS.
Who are the officers and directors of LIFENET HEALTH?
The 990 for the year ended December 31, 2024 lists 20 people; 20 received compensation from the organization, the highest $3,545,517 (MR RONY THOMAS, CEO).
How much revenue does LIFENET HEALTH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $598,564,898, expenses of $580,539,536 and total assets of $650,791,984 at year end.

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