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Nonprofit · EIN 91-1019655

BLOODWORKS

Tax-exempt · SEATTLE, WA 98104

Financials

$154.2M$150.4M2022$159.8M$160M2023$167.5M$165.1M2024
Revenue Expenses · by fiscal year end
Financials of BLOODWORKS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$167,526,090$165,053,315$2,472,775$116,926,915$27,913,573$89,013,342
June 30, 2024990$159,823,247$160,043,520-$220,273$112,280,040$28,747,511$83,532,529
June 30, 2023990$154,247,401$150,376,492$3,870,909$112,716,614$31,722,072$80,994,542
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,114,093
Program service revenue
$164,669,504
Investment income
$847,100
Net rental income
$895,393
Net gain from sales of assets
-$255,612
Other revenue
$895,393

Expenses

Grants and similar amounts paid
$368,077
Compensation of officers, directors and key employees
$4,279,992
Other salaries and wages
$73,139,334
Salaries, compensation and benefits (total)
$95,394,333
Professional fundraising fees
$0
Legal fees
$610,838
Accounting fees
$203,500
Occupancy
$9,092,286
Travel
$556,463
Depreciation
$5,440,707
Program services (functional)
$139,893,747
Management and general (functional)
$24,776,644
Fundraising (functional)
$382,924

Balance sheet and other

Total assets, start of year
$112,280,040
Total assets, end of year
$116,926,915
Total liabilities, end of year
$27,913,573
Net assets, end of year
$89,013,342
Land, buildings and equipment
$32,617,698
Publicly traded securities
$32,892,576
Net assets without donor restrictions
$84,571,013
Net assets with donor restrictions
$4,442,329
Gross receipts
$176,296,599
Employees
1,041
Volunteers
342
Year formed
1944
State of legal domicile
WA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CURT BAILEYPRESIDENT & CEO
Trustee or director, Officer
40$974,485$91,785
JOSE LOPEZ MDCHIEF SCIENTIFIC OFFICER
Key employee
40$429,395$40,661
THERESA NESTER MDCO-CHIEF MEDICAL OFFICER MED SVCS
Key employee
40$395,202$40,661
KIRSTEN ALCORN MDCO-CHIEF MEDICAL OFFICER MED SVCS
Key employee
40$393,470$40,661
SUE NIXONEXECUTIVE VICE PRESIDENT
Key employee
40$341,595$30,473
JOSEPH VETTOCHIEF INFORMATION OFFICER
Highest-paid employee
40$309,880$47,153
AARON POSEYEXECUTIVE VICE PRESIDENT
Highest-paid employee
40$312,866$28,232
IDOIA GIMFERRERASHI MEDICAL DIRECTOR
Highest-paid employee
40$290,013$46,519
CHRISTINE DONATELLICHIEF QUALITY & COMPLIANCE OFFICER
Key employee
40$290,280$43,482
STOLLA MORITZMEMBER, ASSISTANT
Highest-paid employee
40$290,230$27,137
JEFF PERRYTREASURER & CFO
Officer
40$305,045$11,372
DAVID LIN MDVICE PRESIDENT (THRU 6/24)
Highest-paid employee
40$294,942$15,027
ROBERT GLEASONFORMER TREASURER & CFO (THRU 6/24)
Officer
40$233,033$29,206
MICHAEL CHARAPATAEXECUTIVE VICE PRESIDENT
Key employee
40$218,648$13,280
MARK DESTREEEXECUTIVE VICE PRESIDENT (THRU 4/25)
Key employee
40$152,620$22,440
10 more people on this return
NameTitleHours / weekCompensationOther / benefits
MAXINE SELLERSSECRETARY
Officer
40$97,093$16,414
TREVOR GOOBYBOARD CHAIR
Trustee or director, Officer
1$8,000$0
GENE FARRELL MBABOARD VICE CHAIR
Trustee or director, Officer
1$6,000$0
CHRISTINE HENNINGSGAARDBOARD TRUSTEE
Trustee or director
1$4,000$0
JANET CAMPBELLBOARD TRUSTEE
Trustee or director
1$4,000$0
ORLANDO WILLIAMSBOARD TRUSTEE
Trustee or director
1$4,000$0
DREW CORRIGANBOARD TRUSTEE
Trustee or director
1$0$0
JOYCE JACKSONBOARD TRUSTEE
Trustee or director
1$0$0
KRISTY HILDENBOARD TRUSTEE
Trustee or director
1$0$0
MIHO DOUGHERTY MD MPHBOARD TRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
CURT BAILEYPRESIDENT & CEO
Trustee or director, Officer
40$968,288$39,012
VICKI FINSONEXECUTIVE VICE PRESIDENT (THRU 7/23)
Key employee
40$460,283$16,474
JOSE LOPEZ MDCHIEF SCIENTIFIC OFFICER
Key employee
40$408,542$38,566
DAVID LIN MDVICE PRESIDENT
Highest-paid employee
40$424,462$19,800
THERESA NESTER MDCO-CHIEF MEDICAL OFFICER MED SVCS
Key employee
40$394,120$38,566
KIRSTEN ALCORN MDCO-CHIEF MEDICAL OFFICER MED SVCS
Key employee
40$391,803$28,666
ROBERT GLEASONTREASURER & CFO (THRU 6/24)
Officer
40$353,586$53,554
SUE NIXONEXECUTIVE VICE PRESIDENT
Key employee
40$311,183$27,843
JOSEPH VETTOCHIEF INFORMATION OFFICER
Highest-paid employee
40$294,444$41,349
IDOIA GIMFERRERASHI MEDICAL DIRECTOR
Highest-paid employee
40$285,256$43,238
AARON POSEYEXECUTIVE VICE PRESIDENT
Highest-paid employee
40$294,829$26,385
JING-FEI DONG MDMEMBER, RESEARCH
Highest-paid employee
40$279,410$35,207
MARK DESTREEEXECUTIVE VICE PRESIDENT
Key employee
40$270,050$43,615
CHRISTINE DONATELLICHIEF QUALITY & COMPLIANCE OFFICER
Key employee
40$272,252$35,183
MAXINE SELLERSSECRETARY
Officer
40$95,880$15,201
MOLLY FIRTHBOARD CHAIR (THRU 1/24)
Trustee or director, Officer
1$8,000$0
TREVOR GOOBYBOARD VICE CHAIR/ BOARD CHAIR
Trustee or director, Officer
1$8,000$0
CHRISTINE HENNINGSGAARDBOARD TRUSTEE
Trustee or director
1$6,000$0
GENE FARRELL MBABOARD TRUSTEE
Trustee or director
1$4,000$0
ORLANDO WILLIAMSBOARD TRUSTEE
Trustee or director
1$2,000$0
JEFF PERRYCFO (FROM 6/24)
Officer
40$0$0
DREW CORRIGANBOARD TRUSTEE
Trustee or director
1$0$0
JOYCE JACKSONBOARD TRUSTEE
Trustee or director
1$0$0
MIHO DOUGHERTY MD MPHBOARD TRUSTEE
Trustee or director
1$0$0
KIRSTEN ARANDA SCHWAB MBABOARD TRUSTEE (THRU 6/24)
Trustee or director
1$0$0
SEAN W SIGMONBOARD TRUSTEE (THRU 6/24)
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
CURT BAILEYPRESIDENT & CEO
Trustee or director, Officer
40$809,099$38,012
JOSE LOPEZ MDCHIEF SCIENTIFIC OFFICER
Key employee
40$392,961$36,316
THERESA NESTER MDCO-CHIEF MEDICAL OFFICER MED SVCS
Key employee
40$364,580$34,099
KIRSTEN ALCORN MDCO-CHIEF MEDICAL OFFICER MED SVCS
Key employee
40$357,180$26,590
ROBERT GLEASONTREASURER & CFO
Officer
40$307,293$51,304
DAVID LIN MDEXECUTIVE DIRECTOR
Highest-paid employee
40$327,663$18,300
VICKI FINSONEXECUTIVE VICE PRESIDENT
Key employee
40$291,808$29,484
IDOIA GIMFERRERASHI MEDICAL DIRECTOR
Highest-paid employee
40$270,783$42,343
MORTIZ STOLLAMEMBER, ASSISTANT
Highest-paid employee
40$274,402$25,547
MARK DESTREEEXECUTIVE VICE PRESIDENT
Key employee
40$252,211$42,010
SUE NIXONEXECUTIVE VICE PRESIDENT
Key employee
40$264,275$25,203
AARON POSEYEXECUTIVE VICE PRESIDENT
Highest-paid employee
40$265,042$21,852
CHRISTINE DONATELLICHIEF QUALITY & COMPLIANCE OFFICER
Key employee
40$252,185$33,952
VITALIANA CONFORTIGENERAL COUNSEL
Highest-paid employee
40$263,396$19,392
MAXINE SELLERSSECRETARY
Officer
40$91,748$14,918
GENE FARRELL MBABOARD TRUSTEE
Trustee or director
1$6,000$0
CHRISTINE HENNINGSGAARDBOARD TRUSTEE
Trustee or director
1$6,000$0
MOLLY FIRTHBOARD CHAIR
Trustee or director, Officer
1$4,000$0
TREVOR GOOBYBOARD TRUSTEE
Trustee or director
1$4,000$0
KIRSTEN ARANDA SCHWAB MBABOARD TRUSTEE
Trustee or director
1$2,000$0
SEAN W SIGMONBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
MIHO DOUGHERTY MD MPHBOARD TRUSTEE
Trustee or director
1$0$0
JOYCE JACKSONBOARD TRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
921 TERRY AVE, SEATTLE, WA 98104-1239
Principal officer (990 for 2024)
JEFF PERRY, 921 TERRY AVENUE, SEATTLE, WA 981041256
Signed the 990
JEFF PERRY, TREASURER & CFO
Phone
(206) 292-6500
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

SAVING LIVES THROUGH RESEARCH, INNOVATION, EDUCATION AND EXCELLENCE IN BLOOD, MEDICAL AND LABORATORY SERVICES IN PARTNERSHIP WITH OUR COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • RECRUIT DONORS, COLLECT, TEST, PROCESS AND FRACTIONATE WHOLE BLOOD AND COMPONENTS INTO TRANSFUSION READY PRODUCTS (WHOLE BLOOD, RED BLOOD CELLS, PLATELETS, PLASMA AND CRYOPRECIPITATE) FOR USE IN NEARLY 90 HOSPITALS, PRIMARILY LOCATED IN THE PACIFIC NORTHWEST.
    Expenses $129,198,623 · revenue $157,424,656
  • WE ARE A RESEARCH INSTITUTE WITH OVER 75 YEARS OF RESEARCH AND DISCOVERIES. BLOODWORKS SCIENTISTS HAVE TRANSFORMED PATIENT CARE WITH BREAKTHROUGHS IN TRANSFUSION MEDICINE, BLOOD BIOLOGY, BLOOD STORAGE, CANCER THERAPIES, ORGAN TRANSPLANTATION. BLOODWORKS' SCIENTISTS CAN BE FOUND IN MEDICAL SCHOOLS AND AT SCIENTIFIC FORUMS SHARING THE LATEST BLOOD SCIENCE WITH DOCTORS FROM AROUND THE REGION - AND AROUND THE WORLD.
    Expenses $10,695,124 · grants $368,077 · revenue $7,244,848

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
91-1019655
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
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E610)
Assets (IRS master file)
$116,926,915
Income (IRS master file)
$176,296,599

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$167,526,090$165,053,315$116,926,915IRS
990June 2024$159,823,247$160,043,520$112,280,040IRS
990June 2023$154,247,401$150,376,492$112,716,614XML
990June 2022$134,313,338$136,370,220$100,462,161IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 91-1019655).

Questions about BLOODWORKS

What is the EIN of BLOODWORKS?
The employer identification number (EIN) of BLOODWORKS is 91-1019655.
Is BLOODWORKS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to BLOODWORKS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLOODWORKS 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 BLOODWORKS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLOODWORKS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BLOODWORKS?
The 990 for the year ended June 30, 2025 names JEFF PERRY.
Who are the officers and directors of BLOODWORKS?
The 990 for the year ended June 30, 2025 lists 25 people; 21 received compensation from the organization, the highest $974,485 (CURT BAILEY, PRESIDENT & CEO).
How much revenue does BLOODWORKS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $167,526,090, expenses of $165,053,315 and total assets of $116,926,915 at year end.

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