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Nonprofit · EIN 72-0725401

THE BLOOD CENTER

Tax-exempt · NEW ORLEANS, LA 70119

Financials

$26.3M$24.3M2023$28M$26M2024$30.5M$26.2M2025
Revenue Expenses · by fiscal year end
Financials of THE BLOOD CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$30,535,789$26,179,785$4,356,004$54,805,722$2,629,643$52,176,079
December 31, 2024990$27,990,976$25,990,097$2,000,879$48,477,729$2,743,796$45,733,933
December 31, 2023990$26,309,432$24,264,365$2,045,067$44,641,960$2,835,729$41,806,231
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,800,340
of which government grants
$2,798,778
Program service revenue
$27,054,143
Investment income
$528,352
Other revenue
$152,954

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$748,572
Salaries, compensation and benefits (total)
$11,585,877
Professional fundraising fees
$0
Legal fees
$9,564
Accounting fees
$255,044
Occupancy
$629,684
Travel
$36,218
Depreciation
$1,093,470
Program services (functional)
$21,578,720
Management and general (functional)
$4,601,065

Balance sheet and other

Total assets, start of year
$48,477,729
Total assets, end of year
$54,805,722
Total liabilities, end of year
$2,629,643
Net assets, end of year
$52,176,079
Land, buildings and equipment
$11,526,138
Publicly traded securities
$27,532,722
Net assets without donor restrictions
$52,176,079
Gross receipts
$30,535,789
Employees
250
Volunteers
36,035
Year formed
1960
State of legal domicile
LA

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILLIAM C WEALESDIRECTOR, PRESIDENT & CEO
Trustee or director, Officer
50$494,465$98,107
CARRIE MADONAVP OF FINANCE
Highest-paid employee
50$161,172$5,647
GARY HIGGINSVP OF ADMINISTRATION
Highest-paid employee
50$152,523$5,781
TIMOTHY PETERSONMEDICAL DIRECTOR & VICE PR
Key employee
50$156,000$0
MICHAEL LOTTINGERBIOMEDICAL TECH
Highest-paid employee
40$140,005$4,308
KIM BOSENBERGIT DIRECTOR
Highest-paid employee
40$103,536$4,141
STEVE WORLEYDIRECTOR
Trustee or director
1$0$0
ROBERT TREUTING MDDIRECTOR
Trustee or director
1$0$0
PETER WANEKDIRECTOR
Trustee or director
1$0$0
PAUL SALLESDIRECTOR
Trustee or director
1$0$0
NADIA DE LA HOUSSAYEDIRECTOR
Trustee or director
1$0$0
JAMES DONELONDIRECTOR
Trustee or director
1$0$0
MONIQUE BARIEL-CAREYDIRECTOR
Trustee or director
1$0$0
DRJENNIFER AVEGNODIRECTOR
Trustee or director
1$0$0
DRMATTHEW STARKDIRECTOR
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
BRYAN BODEDIRECTOR
Trustee or director
1$0
BRIAN ROTOLODIRECTOR
Trustee or director
1$0
DR JOSHIA LOWENTRITTDIRECTOR
Trustee or director
1$0
BRET CLESIBOARD CHAIRMAN
Trustee or director, Officer
1$0
PAUL D BERGERONDIRECTOR, BOARD SECRETARY
Trustee or director, Officer
1$0
ROBERT BALESVICE CHAIR
Trustee or director, Officer
1$0
RONALD R UPDEGRAFFDIRECTOR, BOARD TREASURER
Trustee or director, Officer
1$0
ANN KOPPELDIRECTOR
Trustee or director
1$0
JILL NALTYDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 23 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM C WEALESDIRECTOR, PRESIDENT & CEO
Trustee or director, Officer
50$489,879$99,086
CARRIE MADONAVP OF FINANCE
Highest-paid employee
40$160,438$5,499
TIMOTHY PETERSONMEDICAL DIRECTOR & VICE PRESIDENT
Key employee
50$156,000$0
GARY HIGGINSVP OF ADMINISTRATION
Highest-paid employee
40$146,104$868
CHRISTOPHER BARRLAB DIRECTOR
Highest-paid employee
40$138,147$5,526
KIM BOSENBERGIT DIRECTOR
Highest-paid employee
40$101,502$7,747
MICHAEL LOTTINGERBIOMEDICAL TECH
Highest-paid employee
40$101,723$0
BRYAN BODEDIRECTOR
Trustee or director
1$0$0
MONIQUE BARIEL-CAREYDIRECTOR
Trustee or director
1$0$0
PAUL SALLESDIRECTOR
Trustee or director
1$0$0
JAMES DONELONDIRECTOR
Trustee or director
1$0$0
STEVE WORLEYDIRECTOR
Trustee or director
1$0$0
ROBERT TREUTING MDDIRECTOR
Trustee or director
1$0$0
DRMATTHEW STARKDIRECTOR
Trustee or director
1$0$0
DRJENNIFER AVEGNODIRECTOR
Trustee or director
1$0$0
ROBERT BALESVICE CHAIR
Trustee or director, Officer
1$0$0
BRET CLESIBOARD CHAIRMAN
Trustee or director, Officer
1$0$0
PETER WANEKDIRECTOR
Trustee or director
1$0$0
RONALD R UPDEGRAFFDIRECTOR, BOARD TREASURER
Trustee or director, Officer
1$0$0
PAUL D BERGERONDIRECTOR, BOARD SECRETARY
Trustee or director, Officer
1$0$0
DR JOSHIA LOWENTRITTDIRECTOR
Trustee or director
1$0$0
NADIA DE LA HOUSSAYEDIRECTOR
Trustee or director
1$0$0
BRIAN ROTOLODIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM C WEALESDIRECTOR, PRESIDENT & CEO
Trustee or director, Officer
50$433,556$49,530
IAN STEPHENSVICE PRESIDENT LAB OPERATIONS & HOSPITAL RESOURCES
Officer
50$178,050$0
TIMOTHY PETERSONMEDICAL DIRECTOR
Highest-paid employee
50$156,000$0
CARRIE MADONACONTROLLER
Highest-paid employee
40$143,263$5,231
CHRISTOPHER BARRDIRECTOR OF LAB OPERATIONS
Highest-paid employee
45$136,194$5,447
BRYAN BODEDIRECTOR
Trustee or director
1$0$0
MATTHEW FRENCHDIRECTOR
Trustee or director
1$0$0
MONIQUE BARIEL CAREYDIRECTOR
Trustee or director
1$0$0
PAUL SALLESDIRECTOR
Trustee or director
1$0$0
JOHN STASSI IIDIRECTOR
Trustee or director
1$0$0
JAMES DONELONDIRECTOR
Trustee or director
1$0$0
MEREDITH REEDDIRECTOR
Trustee or director
1$0$0
STEVE WORLEYDIRECTOR
Trustee or director
1$0$0
ROBERT TREUTING MDDIRECTOR
Trustee or director
1$0$0
DRMATTHEW STARKDIRECTOR
Trustee or director
1$0$0
DRJENNIFER AVEGNODIRECTOR
Trustee or director
1$0$0
ROBERT BALESDIRECTOR
Trustee or director
1$0$0
BRET CLESIDIRECTOR
Trustee or director
1$0$0
PETER WANEKDIRECTOR, CHAIRMAN
Trustee or director, Officer
1$0$0
RONALD R UPDEGRAFFDIRECTOR, BOARD TREASURER
Trustee or director, Officer
1$0$0
PAUL D BERGERONDIRECTOR, BOARD SECRETARY
Trustee or director, Officer
1$0$0
JENNIFER AVEGNODIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2609 CANAL ST, NEW ORLEANS, LA 70119-6409
Principal officer (990 for 2025)
WILLIAM BILLY WEALES, 2609 CANAL STREET, NEW ORLEANS, LA 70119
Signed the 990
WILLIAM BILLY WEALES, DIRECTOR, PRESIDENT, & CEO
Phone
(504) 524-1322
Return prepared by
LAPORTE APAC

Mission

THE BLOOD CENTER IS A NON-PROFIT, COMMUNITY SERVICE ORGANIZATION GUIDED BY A VOLUNTEER, INDEPENDENT 18-MEMBER BOARD OF DIRECTORS, COMPRISED OF COMMUNITY LEADERS AND HOSPITAL REPRESENTATIVES. THE STAFF IS COMPOSED OF OVER 200 PROFESSIONALS, (CONTINUED ON SCHEDULE O)

990 for the year ended December 31, 2025

Program accomplishments

  • BLOOD AND COMPONENTS - THE BLOOD CENTER RECRUITS, COLLECTS, PROCESSES AND DISTRIBUTES BLOOD AND BLOOD COMPONENTS FOR OVER 40 HOSPITALS AND HEALTHCARE FACILITIES. THE BLOOD PRODUCTS ARE PROVIDED TO THE FACILITIES ON A FEE FOR SERVICE BASIS.
    Expenses $18,931,514 · revenue $23,278,556
  • OUTSIDE TESTING - THE BLOOD CENTER PROVIDES INFECTIOUS DISEASE TESTING TO DETERMINE THE SUITABILITY OF DONATED BLOOD, PLATELETS AND PLASMA. THIS TESTING IS PERFORMED FOR HOSPITALS AND OTHER HEALTH CARE ORGANIZATIONS LOCATED PRIMARILY IN LOUISIANA AND MISSISSIPPI.
    Expenses $1,149,639 · revenue $1,823,966
  • REFERENCE LAB - PROVIDES TRANSFUSION SERVICES (BLOOD CROSS MATCH AND ANTIBODY IDENTIFICATION) TO CLIENT HOSPITALS, TO ENSURE SAFE AND EFFECTIVE BLOOD AND BLOOD COMPONENTS FOR TRANSFUSION TO PATIENTS AT OVER 40 FACILITIES. THE REFERENCE LAB ALSO RESOLVES COMPLEX SEROLOGICAL CASES AND PROVIDES RARE BLOOD UNITS THROUGH THE AMERICAN RARE DONOR PROGRAM (ARDP).
    Expenses $1,162,667 · revenue $1,517,384
  • OTHER RELATED AREAS INCLUDED IN OTHER PROGRAM SERVICES IS THERAPEUTIC APHERESIS. THERAPEUTIC APHERESIS IS THE PROCESS OF REMOVING ABNORMAL OR PATHOLOGIC SUBSTANCES FROM A PATIENT'S BLOOD USING AUTOMATED BLOOD CELL SEPARATOR EQUIPMENT, WHILE RETURNING ALL OTHER BLOOD COMPONENTS. RED BLOOD CELLS, WHITE BLOOD CELLS, PLASMA, OR PLATELETS MAY BE SELECTIVELY REMOVED, AS REQUSTED BY THE PATIENT'S PHYSICIAN. EXAMPLES WOULD BE THE REMOVAL OF ABNORMAL RED BLOOD CELLS IN A SICKLE CELL ANEMIA PATIENT, LEUKEMIA CELLS PRIOR TO CHEMOTHERAPY, PLASMA IN PATIENTS WITH ABNORMAL ANTIBODY PRODUCTION OR PLATELETS IN PATIENTS WITH HIGH COUNTS AT RISK FOR STROKE. THE BLOOD CENTER NURSING STAFF, UNDER THE SUPERVISION OF THE MEDICAL DIRECTOR, BRINGS THE LATEST MOBILE THERAPEUTIC APHERESIS TECHNOLOGY DIRECTLY TO THE PATIENT'S BEDSIDE.
    Expenses $334,900 · revenue $413,780
  • OTHER
    revenue $173,411

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-0725401
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
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E610)
Assets (IRS master file)
$54,805,722
Income (IRS master file)
$30,535,789

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$30,535,789$26,179,785$54,805,722XML
990December 2024$27,990,976$25,990,097$48,477,729XML
990December 2023$26,309,432$24,264,365$44,641,960XML
990December 2022$25,375,359$24,609,274$40,306,027IRS
990December 2021–––IRS
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 72-0725401).

Questions about THE BLOOD CENTER

What is the EIN of THE BLOOD CENTER?
The employer identification number (EIN) of THE BLOOD CENTER is 72-0725401.
Is THE BLOOD CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to THE BLOOD CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE BLOOD CENTER 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 THE BLOOD CENTER due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BLOOD CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of THE BLOOD CENTER?
The 990 for the year ended December 31, 2025 names WILLIAM BILLY WEALES.
Who are the officers and directors of THE BLOOD CENTER?
The 990 for the year ended December 31, 2025 lists 24 people; 6 received compensation from the organization, the highest $494,465 (WILLIAM C WEALES, DIRECTOR, PRESIDENT & CEO).
How much revenue does THE BLOOD CENTER have?
On its 990 for the year ended December 31, 2025 it reported revenue of $30,535,789, expenses of $26,179,785 and total assets of $54,805,722 at year end.

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