Skip to content

Illinois · Nonprofit

VERSITI ILLINOIS INC

VERSITI ILLINOIS INC (Illinois) receives grants from 2 organizations whose IRS filings report $35,961 to it, the largest being THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK ($35,461). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$65M
Funders on record
2
Grants received
$36k
Net assets
$74M
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Versiti Illinois Inc does

Mission

Versiti illinois, inc. (versiti) is a blood health innovator which enhances lives through discovery, diagnosis and treatment. Versiti expands the frontiers of patient health through the integration of science, medicine and service.

As stated on its FY2024 Form 990.

Program

  1. Versiti illinois 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 illinois. Versiti's comprehensive blood inventory includes red blood cells, platelets, plasma, and specialized products designed to meet patient needs. In 2024, versiti illinois collected total red blood cells and platelets of 142,921, serving 64 hospitals. The organization hosted 2,266 community blood drives, engaging 55,745 volunteer donors who contributed to versiti's lifesaving mission. (continued in schedule o) innovation and community partnerships: during 2024, versiti illinois participated in the we give blood drive partnership with abbott and the big ten conference during the 2024 football season, encouraging blood donations from university supporters throughout illinois. Community outreach: as a vital partner in public health, versiti illinois engaged communities through targeted outreach including the alpha kappa sorority regional conference and blood drive, juneteenth support initiatives, sickle cell disease association of illinois bike-a-thon, and the…

    $51,320,144 spentof which $90,229 as grants$63,758,288 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $51,320,144.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($54M) Expenses 100 ($52M) Net assets 100 ($48M)2019 Revenue 95 ($51M) Expenses 98 ($51M) Net assets 104 ($50M)2020 Revenue 98 ($53M) Expenses 95 ($50M) Net assets 115 ($56M)2021 Revenue 112 ($60M) Expenses 108 ($57M) Net assets 128 ($62M)2022 Revenue 117 ($63M) Expenses 108 ($57M) Net assets 127 ($62M)2023 Revenue 117 ($63M) Expenses 108 ($57M) Net assets 141 ($68M)2024 Revenue 121 ($65M) Expenses 116 ($61M) Net assets 153 ($74M)
2017201920202021202220232024
Revenue (121)Expenses (116)Net assets (153)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $67M to $75M (+13%).

$53M
$55M
$61M
$67M
$67M
$75M
$80M
2017201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of VERSITI ILLINOIS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$1.5M
’17
−$222k
’19
$2.6M
’20
$3.6M
’21
$6.1M
’22
$6.4M
’23
$4.5M
’24
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Chris Miskel

President & CEO

Board chair

Fred Geilfuss

Chair

As listed on its FY2024 Form 990.

2017201920202021202220232024
Listed31333235333537
Joined··+6+7+4+5+4
No longer listed··74632
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income fell $35k → $500.

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VERSITI ILLINOIS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VERSITI ILLINOIS INC leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VERSITI ILLINOIS INC.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of VERSITI ILLINOIS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $500 that is directly attributable, 100% of it comes from funders outside Illinois, across 1 state.

MO

Funder states come from each funder’s own filing. $35k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VERSITI ILLINOIS INC runs a healthier operating margin than half of the 4,580 health nonprofits its size.

Operating margin7% · above the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Organizations like VERSITI ILLINOIS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

18
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 6 related entities

  • Versiti Inc · exempt
  • Versiti Wisconsin Inc · exempt
  • Versiti Michigan Inc · exempt
  • Versiti Blood Research Institute Fndn · exempt
  • Versiti Indiana Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VERSITI ILLINOIS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VERSITI ILLINOIS INC?
VERSITI ILLINOIS INC (Illinois) receives grants from 2 organizations whose IRS filings report $35,961 to it, the largest being THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK ($35,461). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does VERSITI ILLINOIS INC have?
IRS filings report 2 organizations giving $35,961 in grants to VERSITI ILLINOIS INC.
Who is the largest funder of VERSITI ILLINOIS INC?
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK is the largest funder on record, with $35,461 in grants. The full list of funders is on this page.
How can an organization like VERSITI ILLINOIS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing