Nonprofit · EIN 62-0598756
MEDIC INC
Tax-exempt · KNOXVILLE, TN 37921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $22,622,816 | $21,941,305 | $681,511 | $30,973,173 | $2,691,282 | $28,281,891 |
| April 30, 2024 | 990 | $20,025,739 | $19,187,782 | $837,957 | $29,837,373 | $2,877,167 | $26,960,206 |
| April 30, 2022 | 990 | $20,441,555 | $18,241,053 | $2,200,502 | $27,972,066 | $2,684,097 | $25,287,969 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $1,579,397
- Program service revenue
- $20,110,671
- Investment income
- $932,748
- Net gain from sales of assets
- $384,956
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,046,517
- Other salaries and wages
- $7,168,865
- Salaries, compensation and benefits (total)
- $10,158,731
- Professional fundraising fees
- $0
- Legal fees
- $48,164
- Accounting fees
- $37,200
- Occupancy
- $857,605
- Travel
- $39,447
- Depreciation
- $664,926
- Program services (functional)
- $18,693,848
- Management and general (functional)
- $3,247,457
Balance sheet and other
- Total assets, start of year
- $29,837,373
- Total assets, end of year
- $30,973,173
- Total liabilities, end of year
- $2,691,282
- Net assets, end of year
- $28,281,891
- Land, buildings and equipment
- $6,916,700
- Publicly traded securities
- $16,569,853
- Net assets without donor restrictions
- $28,275,891
- Net assets with donor restrictions
- $6,000
- Gross receipts
- $25,254,103
- Employees
- 171
- Volunteers
- 97
- Year formed
- 1958
- State of legal domicile
- TN
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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALAN WATSON | PRESIDENT/CEO Officer | 40 | $325,978 | $21,239 |
| TOM WATKINS DO | VP, CMO Officer | 40 | $263,094 | $16,789 |
| DEBBIE CARPER THROUGH 8924 | VP CFO Officer | 40 | $228,871 | $10,312 |
| TRACIE SAVAGE | VP, COO Officer | 40 | $164,261 | $15,976 |
| MARTHA COX | VP CQO Highest-paid employee | 40 | $153,958 | $13,062 |
| STEPHEN SMITH | MANAGER LAB PROCESS AND CO Highest-paid employee | 40 | $118,698 | $11,825 |
| GREG SHAW | DIRECTOR MOBILE COLLECTION Highest-paid employee | 40 | $110,133 | $15,176 |
| SHAWN KIRKPATRICK | DIRECTOR IT Highest-paid employee | 40 | $109,508 | $10,863 |
| NATHAN CASS | DIRECTOR CLINICAL SERVICES Highest-paid employee | 40 | $109,931 | $4,957 |
| JACK BRYAN | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOE MCDONALD | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MITCHELL PANTER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HARRISON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| TIM PANELLA MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACHARY LEWIS MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK J BEUERLEIN MD | DIRECTOR Trustee or director | 1 | $0 |
| STEVE MILLER | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT MASHBURN | DIRECTOR Trustee or director | 1 | $0 |
| TINA MINNICK | DIRECTOR Trustee or director | 1 | $0 |
| JAN VAN DYNE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended April 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM WATKINS DO | VP CMO Officer | 40 | $265,314 | $13,729 |
| ALAN WATSON | PRESIDENT/CEO Officer | 40 | $232,705 | $7,556 |
| JAMES L DECKER | CEO/SPECIAL PROJECT (RET. 12/31/23) Officer | 40 | $207,357 | $16,748 |
| DEBBIE CARPER | VP CFO Officer | 40 | $186,282 | $16,533 |
| TRACIE SAVAGE | VP SR. DIRECTOR OF DONOR SERVICES Key employee | 40 | $166,477 | $15,826 |
| MARTHA COX | VP CQO Officer | 40 | $154,718 | $11,345 |
| STEPHEN SMITH | MANAGER LAB PROCESS AND CONTROL Highest-paid employee | 40 | $119,678 | $10,187 |
| GREG SHAW | DIRECTOR MOBILE COLLECTIONS Highest-paid employee | 40 | $114,146 | $13,966 |
| KRISTY ALTMAN | VP MARKETING/COMMUNICATIONS Highest-paid employee | 40 | $106,358 | $16,485 |
| SHAWN KIRKPATRICK | DIRECTOR IT Highest-paid employee | 40 | $107,080 | $9,652 |
| NATHAN CASS | DIRECTOR CLINICAL SERVICES Highest-paid employee | 40 | $105,148 | $4,459 |
| TIM PANELLA MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACHARY LEWIS MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK J BEUERLEIN MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT MASHBURN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA MINNICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACK BRYAN | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JOE MCDONALD | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MITCHELL PANTER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HARRISON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended April 30, 2022: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES L DECKER | CEO Officer | 40 | $323,915 | $36,903 |
| TOM WATKINS DO | CMO Officer | 40 | $255,266 | $30,801 |
| DEBBIE CARPER | CFO Officer | 40 | $178,591 | $21,268 |
| TRACIE SAVAGE | DIRECTOR OF DONOR SERVICES Highest-paid employee | 40 | $146,675 | $21,150 |
| MARTHA COX | CQO Officer | 40 | $148,551 | $18,668 |
| STEPHEN SMITH | MANAGER LAB PROCESS AND CO Highest-paid employee | 40 | $115,982 | $15,576 |
| GREG SHAW | DIRECTOR FIXED SITE COLLECTIONS Highest-paid employee | 40 | $108,882 | $16,156 |
| JACK BRYAN | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD ISAAC | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| FRANK ROTHERMEL | VICE-CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| RACHEL HURT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CLARENCE VAUGHN III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM PANELLA MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZACHARY LEWIS MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK J BEUERLEIN MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMMETTE JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MITCH REED | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TINA MINNICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 AILOR AVE, KNOXVILLE, TN 37921-6702
- Principal officer (990 for 2024)
- H ALAN WATSON, 1601 AILOR AVENUE, KNOXVILLE, TN 37921
- Signed the 990
- H ALAN WATSON, PRESIDENT AND CEO
- Phone
- (865) 524-3074
- Website
- WWW.MEDICBLOOD.ORG
- Return prepared by
- LBMC PC
Mission
TO ENHANCE THE WELL-BEING OF OUR COMMUNITY BY PROVIDING BLOOD RELATED PRODUCTS AND SERVICES.
Program accomplishments
- COLLECTION, PROCESSING AND DISTRIBUTION OF BLOOD PRODUCTS AND COMPONENTS AND RELATED SERVICES.Expenses $18,693,848 · revenue $20,110,671
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 62-0598756
- 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
- 1981
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E610)
- Assets (IRS master file)
- $30,973,173
- Income (IRS master file)
- $25,254,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $22,622,816 | $21,941,305 | $30,973,173 | XML |
| 990 | April 2024 | $20,025,739 | $19,187,782 | $29,837,373 | XML |
| 990 | April 2023 | $17,198,814 | $17,481,287 | $27,444,219 | IRS |
| 990 | April 2022 | $20,441,555 | $18,241,053 | $27,972,066 | XML |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | 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 62-0598756).
Questions about MEDIC INC
- What is the EIN of MEDIC INC?
- The employer identification number (EIN) of MEDIC INC is 62-0598756.
- Is MEDIC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to MEDIC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEDIC INC 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 MEDIC INC due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEDIC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of MEDIC INC?
- The 990 for the year ended April 30, 2025 names H ALAN WATSON.
- Who are the officers and directors of MEDIC INC?
- The 990 for the year ended April 30, 2025 lists 20 people; 9 received compensation from the organization, the highest $325,978 (ALAN WATSON, PRESIDENT/CEO).
- How much revenue does MEDIC INC have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $22,622,816, expenses of $21,941,305 and total assets of $30,973,173 at year end.
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