~$600M-revenue nonprofit organ/tissue organization paid its CEO over $3.5M in one year
LifeNet Health, 501(c)(3) organ-procurement/tissue organization, Virginia, EIN 52-1273592
LifeNet Health, a 501(c)(3) categorized by the IRS as an organ-and-tissue bank, reported total revenue of $598,564,898 in FY2024 (and $535,478,299 in FY2023). Its Form 990 lists the CEO role as the highest-compensated officer, with total compensation of $3,545,517 in FY2024.
Lifenet Health — Nonprofit Explorer, ProPublica (IRS Form 990)
Large nonprofit organ/tissue organization files alongside multiple related LifeNet entities
LifeNet Health and related/affiliated LifeNet entities (IRS Form 990 filers)
ProPublica's Nonprofit Explorer confirms EIN 52-1273592 corresponds to LifeNet Health (Virginia Beach, VA), an IRS Form 990 filer. A separate LifeNet Services Inc (EIN 45-4996122) also files, and LifeNet Health publicly describes multiple divisions (Bio-Implants, Tissue Services, Transplant Services, an Institute of Regenerative Medicine, and a foundation). The precise Schedule R parent/subsidiary and any for-profit-affiliate structure should be confirmed against the filed Schedule R (and the separate entity's own filing) before characterizing the structure as a commercialization vehicle.
Lifenet Health / Lifenet Services Inc — Nonprofit Explorer, ProPublica
LifeNet Health reported ~$599M total revenue (2024); a major nonprofit OPO/tissue processor
LifeNet Health (Virginia), EIN 52-1273592
Per IRS Form 990 data on ProPublica, LifeNet Health, a Virginia-based 501(c)(3) organ-and-tissue bank, reported total revenue of $598,564,898 in 2024 (up from $260.2M in 2015). A reform-advocacy review separately cited a ~$411.9M tissue-procurement revenue figure attributed to LifeNet's 2019 Form 990; LifeNet's total reported revenue for 2019 was $441.1M.
LifeNet Health, IRS Form 990 via ProPublica Nonprofit Explorer (EIN 52-1273592)
A nonprofit OPO/tissue processor reported ~$598M revenue and ~$3.5M CEO compensation
LifeNet Health (Virginia), EIN 52-1273592
LifeNet Health, a tax-exempt nonprofit classified as an 'Organ and Tissue Banks' organization that functions as both a federally designated OPO and a tissue processor, reported total revenue of about $598.6M and total assets of about $650.8M in FY2024 per its IRS Form 990, up from about $156.9M in FY2011. Its highest-paid executive, the chief executive officer, received about $3.55M in total compensation in the most recent year reported.
LifeNet Health - Nonprofit Explorer, ProPublica (IRS Form 990)