Wisconsin · Nonprofit
VERSITI WISCONSIN INC
VERSITI WISCONSIN INC (Wisconsin) receives grants from 47 organizations whose IRS filings report $23,052,462 to it, the largest being THE MEDICAL COLLEGE OF WISCONSIN INC ($13,409,086). 29 of them have funded it in more than one year.
- Revenue FY2024
- $281M
- Funders on record
- 47
- Grants received
- $23M
- Net assets
- $138M
What Versiti Wisconsin Inc does
Mission
Versiti wisconsin, 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.
Programs
Versiti operates the comprehensive center for bleeding disorders (ccbd), under a federal subaward agreement of the social security act. Ccbd provides critical services to bleeding and clotting disorder patients and their families. As a covered entity under the federal 340b drug discount program, versiti is eligible to access certain specialty pharmaceuticals at discounted pricing. Pharmaceutical net income is program income and funds are restricted to activities and expenditures that further eligible projects and program objectives; including patient care, education, support services, approved grant research and other costs. Versiti provides these specialty pharmacy products to home care patients and hospital systems. During 2023, 14,889 vials of specialty pharmacy products were provided.
$48,514,048 spentof which $114,000 as grants$54,436,294 earned by the program24% of program spendingVersiti recruits volunteer blood donors, collects, processes and distributes blood and blood components to provide a safe and reliable supply of blood for hospitals and other blood centers served. During 2023, 149,369 blood units were collected.
$43,276,164 spentof which $33,700 as grants$52,112,157 earned by the program22% of program spendingVersiti research advances the scientific and medical understanding of blood biology and blood disease to improve health. During 2023, versiti had 34 investigators.
$36,936,818 spentof which $3,817,200 as grants19% of program spendingA. Versiti wisconsin, inc. (versiti) provides clinical diagnostic testing services to hospitals, physician offices and other reference laboratories. During 2023, 140,128 tests were performed.b. Versiti organ and tissue donation combines procurement services and education to enhance the lives of patients and provides guidance to the families of potential donors. During 2023, 354 organs were transplanted and 522 muskuloskeletal donors were seen.c. Versiti medical services provides medical and therapeutic services in partnership with local hospitals. During 2023, 3,267 therapeutic procedures were performed.d. Versiti donor testing laboratory provides infectious disease testing to determine donor suitability and product safety for versiti affiliates and other blood center partners.the combined totals for diagnostic laboratory, organ and tissue donation, medical services, and donor testing laboratory are summarized below.
$69,522,551 spentof which $6,628 as grants$88,564,383 earned by the program35% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $198,249,581.
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.
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 $142M to $189M (+33%).
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.
Government-grant reliance: 2017 8% · 2019 8% · 2020 9% · 2021 8% · 2022 10% · 2023 9% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
17% of VERSITI WISCONSIN INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base narrowed from 20 funders to 11 funders, grant income fell $3.8M → $3.0M.
9 of 47 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $61M from one payer (the payer shares this organization's board, largest Versiti Blood Research Institute Foundation Inc). These are real filings, and they are not money VERSITI WISCONSIN INC raised.
From the IRS filings of VERSITI WISCONSIN INC’s funders (the co-funder graph). Top 30 of 47 funders by total. 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 WISCONSIN INC leans on a few funders — its largest provides 58% of grant income and the top three 77%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
98% 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 WISCONSIN INC.
Largest funder’s share by year: 2017 47% · 2018 66% · 2019 77% · 2020 30% · 2021 65% · 2022 46% · 2023 66% — growing more concentrated.
“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.
How long its funders stay
36% of VERSITI WISCONSIN INC's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
65% of VERSITI WISCONSIN INC's grant income comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $577k arriving through sponsors registered in 7 states 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.
Against its field
VERSITI WISCONSIN INC runs a healthier operating margin than half of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Government funding VERSITI WISCONSIN INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $184.3M on record.
- Department of Health and Human Services$146.0M
- Department of Veterans Affairs$25.5M
- Department of Defense$12.8M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like VERSITI WISCONSIN 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 Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
70%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 9 related entities
- Rcrc Independent Review Board LLC · disregarded
- Quantigen LLC · disregarded
- Pearl Irb LLC · disregarded
- Versiti Blood Research Institute Fndn · exempt
- Versiti Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for VERSITI WISCONSIN 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.
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 WISCONSIN INC?
- VERSITI WISCONSIN INC (Wisconsin) receives grants from 47 organizations whose IRS filings report $23,052,462 to it, the largest being THE MEDICAL COLLEGE OF WISCONSIN INC ($13,409,086). 29 of them have funded it in more than one year.
- How many funders does VERSITI WISCONSIN INC have?
- IRS filings report 47 organizations giving $23,052,462 in grants to VERSITI WISCONSIN INC, 29 of which have funded it in more than one year.
- Who is the largest funder of VERSITI WISCONSIN INC?
- THE MEDICAL COLLEGE OF WISCONSIN INC is the largest funder on record, with $13,409,086 in grants. The full list of funders is on this page.
- How can an organization like VERSITI WISCONSIN INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 47 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