Lifebanc

Lifebanc

Cleveland, OH 441285919
Tax ID34-1525159

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About this organization

Revenue

$38,525,896

Expenses

$36,563,549

Mission

SAVE AND HEAL LIVES THROUGH ORGAN, EYE AND TISSUE PROCUREMENT & ORGAN PRESERVATION.

About

Lifebanc is the Northeast Ohio nonprofit organization working to save and heal lives through organ and tissue donation. Saving and healing lives since 1986, Lifebanc began as one of the original organ procurement organizations in the United States and is a leader in the field and a highly respected organization regionally and nationally. Lifebanc serves the Northeast Ohio population of over four million people and works with 80 hospitals in a 20-county area. Volunteers and staff work to educate the public about organ and tissue donation, encourage individuals to designate their donation decision and offer grief support services to families touched by donation. Lifebanc is governed by a volunteer board of directors; comprised of community members, clinicians, recipients and donor family members, who drive organizational strategy with the vision of a future where organ, eye and tissue donation is embraced as an honor and a personal responsibility. In 2018, organ, eye and tissue donors in Northeast Ohio saved more lives in 2018 than any previous year. Lifebanc helped to facilitate the gifts of 162 organ donors and 841 tissue and eye donors. Organ donors in Northeast Ohio donated 497 organs that saved the lives of 434 people in 2018. The amount of people saved by organ donors from Northeast Ohio each year has risen 41% since 2014. Organs from donors in Northeast Ohio were transplanted to recipients in 18 states and the District of Columbia. Many life-saving and healing procedures utilize donated tissue. The gifts of tissue donors will save the lives of burn victims, repair damaged hearts, give back mobility and restore sight to tens of thousands of people. Lifebanc provides extensive care for the families of donors that begins at their first moment of need and extends for up to two years past the gifts of the donation. Included in that care is free grief support in the form of individual counseling with a licensed therapist, group counseling, and host of other activities. In 2018, Lifebanc communicated with 2,203 families, provided 572 hours of individual counseling, and offered five support groups. Lifebanc also helps coordinate anonymous communication between donor families and recipients and facilitated 682 communications in 2018. Despite the increase in organ, eye and tissue donors there remains a critical organ shortage in the United States. There are currently 113,735 people waiting for a life-saving organ transplant across the country. There are 1,765 people waiting in Northeast Ohio alone. In 2018, 345 people in Northeast Ohio either died waiting for an organ or became too sick to transplant. The best chance those still waiting have at receiving the life-saving transplant they need is by increasing the number of people who register their wishes to be an organ, eye and tissue donor. In 2018, over 62,000 people in Northeast Ohio registered for the first time on the Ohio Donor Registry. In 2018, 345 people in Northeast Ohio either died waiting for an organ or became too sick to transplant. The best chance those still waiting have at receiving the life-saving transplant they need is by increasing the number of people who register their wishes to be an organ, eye and tissue donor. In 2018, over 62,000 people in Northeast Ohio registered for the first time on the Ohio Donor Registry. THE WORLD-RECORD FOR LUNGS TRANSPLANTED THIS YEAR.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “Lifebanc saves and heals lives through organ and tissue donation for transplantation. pursuing a future when the decision to donate is an honor and everyone waiting receives a transplant. lifebanc's values are integrity, inclusion, service, commitment and dignity.”.

When referring to its actions, they were outlined as: “Save and heal lives through organ, eye and tissue procurement & organ preservation.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as OH.
  • The non-profit's address in 2020 is noted in the filing as 4775 RICHMOND ROAD, CLEVELAND, OH, 441285919.
  • The non-profit's form for 2020 reports a total of 188 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,962,347.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 20 independent voting members.
  • The organization was formed in 1986.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $11,471,500 in salary, compensation, and benefits to its employees.
  • The organization pays $343,170 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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