Versiti Wisconsin
Versiti Wisconsin reported $281.0 million in revenue and $263.6 million in expenses for calendar year 2024. Of every $100 it spent, $86.65 went to program services, $13.35 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.3% of the total. Government grants made up 11.6%. The highest compensation it reported for one person was $1,680,265 (PRESIDENT & CEO). 211 people received more than $100,000 in reportable compensation. Revenue rose 63% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $264MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $281MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 16.8% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.6% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,680,265 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.64% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 211 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseVersiti operates the comprehensive center for bleeding disorders (ccbd) under a federal subaward agreement of the social security act, providing specialized diagnosis, treatment, and supportive care to patients with inherited and acquired bleeding and clotting disorders. As part of versiti's mission to improve patient outcomes, ccbd delivers comprehensive care through a multidisciplinary team of hematologists, nurses, social workers, and specialized staff. In 2024, ccbd provided critical services to patients with bleeding disorders and their families, including for hemophilia a and b, von…
Versiti Wisconsin recruits volunteer blood donors and collects, processes, and distributes blood products as part of its mission to provide a safe and reliable blood supply for hospitals and healthcare systems across wisconsin. Versiti's comprehensive blood inventory includes red blood cells, platelets, plasma, and specialized products designed to meet patient needs. In 2024, Versiti Wisconsin collected total red blood cells and platelets of 152,765, serving 62 hospitals. The organization hosted 2,808 community blood drives, engaging 56,626 volunteer donors who contributed to versiti's…
Versiti research advances scientific discovery and patient care through comprehensive support of blood-related research, education, and community engagement programs. Rooted in its nonprofit mission, versiti enables groundbreaking blood research while fostering the next generation of scientists and improving the lives of patients afflicted by blood disorders. In 2024, versiti researchers published 122 peer-reviewed manuscripts with 45 featuring vbri faculty as lead or senior authors, including 5 publications in journals with impact factors exceeding 30. 7 in journals with impact factors…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 23.00 hrs/week | $713,940 | $908,656 | $57,669 | $1,680,265 |
| EVP & GENERAL COUNSEL Officer, 23.00 hrs/week | $379,102 | $482,498 | $66,046 | $927,646 |
| EVP & CHIEF OPERATING OFFICER Officer, 24.00 hrs/week | $357,615 | $455,150 | $53,592 | $866,357 |
| EVP&CFO-THRU 3/24;BUS DEV-AS OF 3/24 Officer, 23.00 hrs/week | $329,433 | $419,278 | $29,876 | $778,587 |
| EVP & CHIEF SCIENTIFIC OFFICER Officer, 48.00 hrs/week | $637,080 | $33,530 | $39,231 | $709,841 |
| EVP & CHIEF LABORATORY OFFICER Officer, 24.00 hrs/week | $264,400 | $336,515 | $65,430 | $666,345 |
| EVP & CHIEF HR OFFICER Officer, 24.00 hrs/week | $251,504 | $320,098 | $56,792 | $628,394 |
| EVP & CHIEF MED. OFF. - AS OF 7/24 Officer, 50.00 hrs/week | $471,868 | $0 | $65,850 | $537,718 |
211 people received more than $100,000 in reportable compensation from Versiti Wisconsin (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b18 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,342
- Volunteers Part I, line 6289
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MORTENSON CONSTRUCTION Contractor | $6,364,631 |
| HGA Building design firm | $3,359,610 |
| MEDICAL COLLEGE OF WISCONSIN INC Research services | $2,878,711 |
| HEALTH RESEARCH INC Research services | $790,499 |
| CERNER CORPORATION Software support | $785,249 |
Individuals listed as contractors are left out. 35 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to Versiti Wisconsin totaling $1.6M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Versiti Wisconsin's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Versiti Wisconsin, you can publish a response that is linked from this page.
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Of every $100 Versiti Wisconsin spent in 2024, $86.65 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Mymichigan HealthMidland, MI · revenue $280M · programs 77.8% · FY2025
- New York Queens Medicine & Surgery PcFlushing, NY · revenue $282M · programs 85.2% · 2024
- Atrium Medical CenterDayton, OH · revenue $280M · programs 97.0% · 2024
- Geisinger-Lewistown HospitalDanville, PA · revenue $282M · programs 94.0% · 2024
- Big Bend Community Based CARETallahassee, FL · revenue $280M · programs 98.6% · FY2025
Questions people ask
How much of Versiti Wisconsin's spending goes to programs?
In calendar year 2024, Versiti Wisconsin reported that 86.7% of its $263.6 million in expenses went to program services, 13.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Versiti Wisconsin pay its top executive?
The largest total compensation Versiti Wisconsin reported for one person in calendar year 2024 was $1,680,265, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Versiti Wisconsin get its money?
Of $281.0 million in revenue in calendar year 2024, 16.8% came from contributions and grants (including 11.6% from government grants) and 81.3% from program service revenue (Form 990, Part VIII).
Is Versiti Wisconsin a registered charity?
The IRS lists EIN 39-0807235 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513159349304706 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403039349301230 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313059349301721 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349318100 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143159349307599 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043179349304434 · read the filing
All filings for EIN 39-0807235: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.