Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

VERSITI INC is a nonprofit organization focused on supporting blood banks and health-related initiatives, with a mission dedicated to charitable, scientific, and educational purposes in blood transfusion services and research. With an operating budget of $33.9 million and total revenue of $33.8 million for the filing year 2024, the organization is financially robust, relying on diverse funding sources without a single funder contributing 50% or more of its revenue. More information can be found on their website at www.versiti.org.

Mission Statement

(SEE SCHEDULE O)VERSITI SUPPORTS CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF ITS AFFILIATES AND OTHER SIMILAR ENTITIES ENGAGED IN BLOOD TRANSFUSION, SERVICES AND RESEARCH.
Revenues
$33.8M
Expenses
$34M
Net Income:
-$281.3K
Assets
$112.5M
Liabilities
$112.1M
Net Assets:
+$350K
Operating Budget
$33.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$8K
Largest grant received
$23K
R
Robert H Manegold
Board Member
G
Greg Wesley
Board Member
P
Peter Ziegler
Board Member

Frequently Asked Questions

What is VERSITI INC’s budget?
In 2024, VERSITI INC reported an annual operating budget of around $33.9 million. More detailed financial information is available to registered users.
What causes does VERSITI INC support?
VERSITI INC supports work in Blood banks and Health.
Where does VERSITI INC operate?
VERSITI INC is headquartered in Milwaukee, WI.
Who funded VERSITI INC recently?
In 2024, VERSITI INC received grants from THE GALAXY FOUNDATION INC, CHARTER MANUFACTURING COMPANY FOUNDATION INC, and THE HEMOPHILIA ALLIANCE GROUP PURCHASING ORGANIZATION. More information on this organization’s funders is available to registered users.
What is the largest grant VERSITI INC received in 2024?
The largest grant to VERSITI INC in 2024 exceeds $23 thousand.