New York Blood Center
Legal name: New York Blood Center Inc
Nonprofit profile at a glance
- EIN
- 131949477
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2025, Form 990-T 2024
- Location
- RYE, NY, USA
- Phone
- 800-933-2566
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Blood Supply Related
Reported finances
- Revenue
- $629,039,352
- Expenses
- $663,407,327
- Assets
- $865,370,158
- Liabilities
- $303,993,196
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
42 people listed
Executive titles in this filing
- CHRISTOPHER D HILLYER (PRESIDENT & CHIEF EXECUTIVE OFFICER)
- MAHTAB KHAN (VICE PRESIDENT OF FINANCE)
Highest reported compensation
- CHRISTOPHER D HILLYER (PRESIDENT & CHIEF EXECUTIVE OFFICER): $2,678,053 total reported compensation
- JOSEPH MOHR (EVP, CHIEF BUSINESS OFFICER): $966,550 total reported compensation
- DAVID BENCH (EVP, CHIEF FINANCIAL OFFICER): $709,071 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New York Blood Center Enterprises (NYBCe) has proudly served our community since 1964 and is dedicated to helping patients and advancing global public health through a four-part mission: (1) Provide the highest quality blood and stem cell products and related medical and consultative services to hospitals and patients primarily in the greater New York metropolitan area. (2) Conduct the highest quality, novel and innovative research in hematology, blood banking and transfusion medicine, and cellular therapies, thus advancing these fields and positively impacting public health. (3) Develop products, technologies, and services in hematology, blood banking, transfusion medicine, and cellular therapies with the potential to have worldwide humanitarian impact. (4) Train the next generation of leaders in each of these fields.
What it reported doing in 2025
Medical programs: (1) hemophilia services consortium,(2) comprehensive cell solutions (includes apheresis/transfusion services and contract manufacturing), (3) bone marrow program, and (4) national cord blood program (collection, processing, and storage of cord blood units and distribution of these units for treatment or research purposes)
Operating model
- Revenue model
- Earned-program. 97% 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. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 77
- Accountability: 96
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.3%; rating input score 80
- Program expense ratio: 75.2%; rating input score 75
- Fundraising efficiency: $29.58 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.1%; rating input score 94; 27th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.5%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.3; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 80.3% of revenue deployed · 75.2% of spending went to programs
- Governance: 16 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $499M in reported program spending
- Leadership: top reported pay $2.7M · 42 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $33.7M reported
- Consistency: 42 of 42 current checks pass
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 26 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Sustainability: Operating margin scored 6/100.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.