2014-08-14T15:37:03-05:00 2013-12-31 611416081 THE CURCHIN GROUP LLC 200 SCHULZ DR STE 400 RED BANK NJ 077016745 990 2013-01-01 221769155 CENTRAL JERSEY BLOOD CENTER INC CENT 7328425750 494 SYCAMORE AVENUE SHREWSBURY NJ 07702 PASCAL GEORGE CEO 7328425750 2014-08-05 1 DAVID FERULLO P00183139 7327470500 2013 2015-11-30 17:44:51Z PASCAL GEORGE 494 SYCAMORE AVENUE SHREWSBURY NJ 07702 10663873 0 X WWW.CJBCBLOOD.ORG X 1964 NJ TO SAVE LIVES BY PROVIDING SAFE, HIGH QUALITY BLOOD PRODUCTS AND SERVICES TO PATIENTS IN NEED. 19 19 103 50 0 0 1050 8917 10222058 10469798 65015 52189 -5227 12093 10282896 10542997 0 0 0 0 4696375 5101334 0 0 37954 5878600 5529903 10574975 10631237 -292079 -88240 8494705 8353165 1116433 840826 7378272 7512339 X SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT.CJBC WAS FOUNDED WITH A VISION TO SAVE LIVES BY PROVIDING SAFE, HIGH QUALITY BLOOD PRODUCTS AND SERVICES TO PATIENTS IN NEED. ENTRUSTED TO COLLECT, PROCESS AND DISTRIBUTE THIS PROCELESS LIFE SOURCE, WE CARRY OUT OUR MISSION THROUGH THE SELFLESS GIVING OF VOLUNTEER BLOOD DONORS; OUR DEDICATED AND CARING STAFF AND VOLUNTEERS; AND OUR PARTNERSHIP WITH MEDICAL PROFESSIONALS AND REGULATORS TO ENSURE THE SAFETY OF THE BLOOD SUPPLY AND TO ADVANCE THE BODY OF KNOWLEDGE IN BLOOD MANAGEMENT. WITH THREE BLOOD DONOR CENTERS IN NEW JERSEY, OUR ORGANIZATION HAS GROWN INTO ONE OF THE PREMIER BLOOD CENTERS OF NJ. WE BELIEVE THAT PEOPLE CAN GIVE OF THEMSELVES AND MAKE A HUGE DIFFERENCE IN THE LIVES OF OTHERS.WHEN YOU DONATE BLOOD, YOU CAN HELP TREAT PREMATURE BABIES, BURN AND TRAUMA VICTIMS, PATIENTS SUFFERING FROM LEUKEMIA AND OTHER CANCERS, CARDIAC DISEASE, AND MANY OTHER CONDITIONS THAT DEPEND ON BLOOD PRODUCTS FOR RECOVERY. 0 0 3377418 355620 PROCUREMENT OF BLOOD IS FACILITATED BY A VAST NETWORK VOLUNTEER BLOOD DONORS FROM THE COMMUNITY, RELIGIOUS ORGANIZATIONS, THE MILITARY, GOVERNMENT AGENCIES, AND EDUCATIONAL INSTITUTIONS (MOSTLY HIGH SCHOOLS). THESE DONOR VOLUNTEERS ARE SERVICED BY OUR EMPLOYEES WHO EDUCATE THEM ABOUT THE NEED FOR TYPE-SPECIFIC BLOOD PRODUCTS, SCREEN THEM TO ENSURE THE SAFETY OF THE BLOOD SUPPLY AND SKILLFULLY DRAW BLOOD AND BLOOD PRODUCTS, INCREASINGLY USING AUTOMATED TECHNOLOGY TO SELECT THE NEEDED BLOOD COMPONENT. TO ENHANCE DONOR CONVENIENCE, THE CENTER OPERATES 3 (THREE) DONOR CENTERS THAT ACCOUNTED FOR APPROXIMATELY 11,000 DONOR UNITS AND MOST OF THE SPECIALIZED COLLECTIONS. CONTINUED ON SCHEDULE OPROCUREMENT OF BLOOD CONTINUED: IN ADDITION, THE CENTER SPONSORED 431 MOBILE DRIVES THAT ACCOUNTED FOR APPROXIMATELY 14,000 DONOR UNITS. 4038773 10122170 PROCESSING OF BLOOD. THE CENTER OPERATES A MANUFACTURING LABORATORY THAT IS RESPONSIBLE FOR CHECKING, SEPARATING, TESTING, PACKAGING AND DISTRIBUTING BLOOD AND BLOOD DERIVATIVES TO OUR HOSPITAL CLIENTS. OUR MANUFACTURING SERVICES ARE EVALUATED BY SEVERAL AGENCIES, INCLUDING THE FDA, CSL, AABB AND STATES OF NJ AND NY. WE ARE PROUD TO REPORT THAT OUR MANUFACTURING PROCESS HAS CONSISTENTLY MET AND EXCEED ALL STANDARDS AND REGULATIONS MANDATED BY THESE LICENSING AND ACCREDITING ORGANIZATIONS. ALL FUNCTIONS ARE PERFORMED WITH THE HIGHEST LEVEL OF QUALITY AS PRODUCT SAFETY IS PARAMOUNT TO OUR PATIENT POPULATION. 1021890 RECRUITMENT COST. THE CENTER DEVELOPS AND RELIES ON A LARGE DONOR BASE TO MAINTAIN STEADY BLOOD DONATIONS. BLOOD IS PERISHABLE AND THE INVENTORY MUST BE CONTINUOUSLY REPLENISHED TO AVOID SHORTAGES AND ENSURE IMMEDIATE AVAILABILITY OF FRESH PRODUCTS. OUR DEDICATED ACCOUNT MANAGERS WORK HAND-IN-HAND WITH CIVIC ASSOCIATIONS, SCHOOLS, AND BUSINESSES TO RAISE THE AWARENESS OF THIS CRITICAL NEED AND COORDINATE BLOOD DRIVES TO MEET THE DEMANDS OF OUR HOSPITAL CLIENTS. WE HAVE DEVELOPED TARGETED EDUCATIONAL PROGRAMS FOR STUDENTS OF ALL AGES WHICH MEET THE CORE CURRICULUM REQUIREMENTS OF THE STATE OF NEW JERSEY. THE CENTER UTILIZES MARKETING CAMPAIGNS TO HELP EXPAND OUR DONOR POPULATION AND BRAND AWARENESS AND CAPITALIZES ON SOCIAL MEDIA NETWORKS TO HELP US RESPOND TO URGENT NEEDS AND CRITICAL SHORTAGES. 8438081 1 1 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 103 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X THE ORGANIZATION 7328425750 494 SYCAMORE AVENUE SHREWSBURY NJ 07702 DON J SUMMA CHAIRMAN 2.00 X X 0 0 0 JEFF BAHARY VICE CHAIRMAN 2.00 X X 0 0 0 HERBERT J WILLIAMS SECRETARY 2.00 X X 0 0 0 GARY V CATARELLA TREASURER 2.00 X X 0 0 0 J PUTNAM BRODSKY MD TRUSTEE 2.00 X 0 0 0 ERIC N BURKETT MD TRUSTEE 2.00 X 0 0 0 G KEVIN CALLAHAN ESQ TRUSTEE 2.00 X 0 0 0 PATRICIA B CARLESIMO TRUSTEE 2.00 X 0 0 0 STEPHEN O COTTRELL TRUSTEE 2.00 X 0 0 0 M CLAIRE FRENCH TRUSTEE 2.00 X 0 0 0 MARGIE A GANDOLFI TRUSTEE 2.00 X 0 0 0 NANCY KEGELMAN EDD TRUSTEE 2.00 X 0 0 0 JOHN T GRIBBIN TRUSTEE 2.00 X 0 0 0 RICHARD W HOGAN JD TRUSTEE 2.00 X 0 0 0 DEAN Q LIN TRUSTEE 2.00 X 0 0 0 PETER B SELIGMAN TRUSTEE 2.00 X 0 0 0 WALTER SINOPOLI MD TRUSTEE 2.00 X 0 0 0 DEANNA SPERLING MAS RN NE-BC TRUSTEE 2.00 X 0 0 0 MICHAEL A PALLADINO PHD TRUSTEE 2.00 X 0 0 0 PASCAL GEORGE CEO 45.00 X 213710 0 10411 CHRISTOPHER NASTO - EFF 9313 CFO 45.00 X 39846 0 3240 253556 0 13651 1 0 1 0 CREATIVE TESTING SOLUTIONS PO BOX 29874 PHOENIX AZ 85038 BLOOD TESTING SERVICES 1060295 GEER CONTRACTING 2310 ROMANO BLVD WALL NJ 07719 OFFICE RENOVATIONS 193869 MEDIWARE PO BOX 204176 DALLAS TX 75320 SOFTWARE MAINTENANCE 139144 ENCON MECHANICAL 3433 SUNSET AVE OCEAN NJ 07712 HVAC SYSTEM INSTALL 113311 4 8917 8917 PROCESSING FEES 900099 10111788 10111788 SALVAGE PLASMA 900099 355620 355620 OTHER OPERATING REVENUE 900099 2390 2390 10469798 52189 52189 78284 120876 -42592 -42592 -42592 BCX INVESTMENT INCOME 900099 46693 46693 MISCELLANEOUS INCOME 900099 7992 7992 54685 10542997 10477790 0 56290 317202 317202 3616645 2837141 752704 26800 164022 108955 55067 668554 578758 89796 334911 241894 91220 1797 23714 23714 32936 32936 320652 218387 98800 3465 99371 99371 162486 99186 63225 75 42504 34003 8501 371997 271931 100066 105316 103456 1641 219 37782 15018 18596 4168 414086 182692 231394 180233 124225 54578 1430 OUTSOURCE TESTING 1090286 1090286 BLOOD PURCHASES 1059756 1059756 DONOR SUPPLIES 1039669 1039669 LAB SUPPLIES 167965 167965 381150 165388 215762 10631237 8438081 2155202 37954 590699 110730 977279 1006070 308691 246424 121606 214473 8950729 5634185 3386518 3316544 3000279 3273857 84110 110971 25523 74096 8494705 8353165 1107402 788262 43533 9031 9031 1116433 840826 X 7378272 7507084 5255 7378272 7512339 8494705 8353165 -88240 222307 0 X X 0 1 X 1 0 X 1050 670 1720 13056651 10832665 10297583 10222058 10469798 54878755 13056651 10832665 10297583 10223108 10470468 54880475 0 0 0 54880475 97131 102810 65238 84043 98882 448104 97131 102810 65238 84043 98882 448104 6146 7992 14138 13153782 10935475 10362821 10313297 10577342 55342717 0.99160 0.99130 0.00810 0.00870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 305968 305968 1488114 931868 556246 2943077 1259728 1683349 1193848 1133336 60512 3019722 2309253 710469 3316544 CERTIFICATES OF DEPOSIT 248000 F STOCK & EQUITY FUNDS 964611 F REAL ESTATE INVESTMENT FUND 416812 F MONEY MARKET FUNDS 1644434 F 3273857 SECURITY DEPOSITS 9031 9031 X 10877263 222307 222307 10654956 -111959 -111959 10542997 10743196 111959 111959 10631237 0 10631237 PART IV, LINE 2B: THE ORGANIZATION IS THE CUSTODIAN OF A DEFERRED COMPENSATION PLAN HELD FOR THE BENEFIT OF THE CEO. PART X, LINE 2: CENTRAL JERSEY BLOOD CENTER, INC. IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICES AS A TAX-EXEMPT ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES IS NECESSARY. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012. THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAIN INCOME TAX POSITIONS, WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS INCOME TAX RETURNS. THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNRECOGNIZED TAX BENEFITS THAT WILL SIGNIFICANTLY INCREASE OR DECREASE OVER THE NEXT TWELVE (12) MONTHS, NOR HAS THE ORGANIZATION INCURRED ANY INTEREST OR PENALTIES RELATED TO INCOME TAX EXPENSE DURING THE YEARS ENDED DECEMBER 31, 2013 AND 2012. GENERALLY, IN ACCORDANCE WITH THE STATUTES OF LIMITATIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR RETURNS FILED FOR YEARS BEFORE 2010. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE NETTED WITH RENTAL INCOME ON FORM 990 -120,876. CONTRIBUTIONS NETTED WITH FUNDRAISING EXPENSE ON FINANCIAL STATEMENTS 8,917. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE NETTED WITH RENTAL INCOME ON FORM 990 120,876. CONTRIBUTIONS NETTED WITH FUNDRAISING EXPENSE ON FINANCIAL STATEMENTS -8,917. 1 X X X 1 1 0 0 0 0 0 0 0 PASCAL GEORGE CEO 195710 0 18000 0 0 0 8155 0 2256 0 224121 0 0 0 PART I, LINES 4A-B JOHN PRESTI, FORMER CFO, RECEIVED SEVERANCE OF $26,227. THE CEO PARTICIPATES IN A NON-QUALIFIED 457(B) DEFERRED COMPENSATION PLAN THAT IS APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CEO AND CFO. A COPY IS ALSO PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL ARE REQUIRED TO READ AND SIGN THE POLICY. IF ANY CHANGES ARISE, THEY ARE TO NOTIFY HUMAN RESOURCES IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 OFFICER AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION IS COMPARED TO NON-PROFTS AND OTHER COMPARABLE DATA. THE CEO HAS A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE PRIOR YEARS.