Miller-Keystone Blood Center

Legal name: Hcsc - Blood Center

Nonprofit profile at a glance

EIN
231731796
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Bethlehem, PA, US
Phone
610-691-5850
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Blood Supply Related

Official website

Reported finances

Revenue
$32,313,692
Expenses
$31,056,543
Assets
$24,221,875
Liabilities
$3,178,016

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • PETER J CASTAGNA JR (PRESIDENT & CEO (RETIRED 12/2024))
  • RAMI NEMEH (PRESIDENT (EFF 1/2025))
  • MIKE LACZO (VICE PRESIDENT/TREASURER (EFF 4/2025))

Highest reported compensation

  • STEPHEN A GERGAR (VP, FINANCE (RETIRED 4/2025)): $506,052 total reported compensation
  • D KIP KUTTNER DO (VP, MEDICAL DIRECTOR): $411,527 total reported compensation
  • PETER J CASTAGNA JR (PRESIDENT & CEO (RETIRED 12/2024)): $378,622 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To save lives by partnering with our community to provide a continuous supply of blood products and services.

What it reported doing in 2024

The primary mission of the blood center is to provide a safe, adequate blood supply to hospitals mainly in the eastern pa. Counties between philadelphia and scranton and the western counties of New Jersey. The blood center recruits, collects, processes, tests, and distributes about 111,000 blood products yearly. The processing fees generated from these blood products is $29,805,000.the blood center also provides testing services for several hospitals and other blood centers. These client testing services generated $245,000 in revenue on about 8,500 blood tests.in addition, the blood center sells expired blood products to the pharmacuetical industry for inclusion in certain diagnostics and drugs. The sale of these salvage products was $1,525,000.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 65
  • Accountability: 87
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.1%; rating input score 77
  • Program expense ratio: 81.9%; rating input score 82
  • Fundraising efficiency: $2.47 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.8%; rating input score 94; 27th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.9%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.78; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 12th percentile among comparable filings
  • Revenue growth: -0.6% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 21st percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site
  • Where the money goes: 77.1% of revenue deployed · 81.9% of spending went to programs
  • Governance: 15 of 16 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $25.4M in reported program spending
  • Leadership: top reported pay $506K · 21 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.