New England Organ Bank Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEOB IS THE FEDERALLY DESIGNATED ORGAN PROCUREMENT ORGANIZATION COORDINATING ORGAN DONATION FOR ALL OF OPTN REGION 1 INCLUDING CONNECTICUT, MAINE, MASSACHUSETTS, NEW HAMPSHIRE, RHODE ISLAND, AND A PORTION OF VERMONT. NEOB IS THE OLDEST INDEPENDENT OPO IN THE COUNTRY AND SERVES 192 ACUTE CARE HOSPITALS AND 14 TRANSPLANT CENTERS.
- Income
- $99.4 million
- Spending
- $89.6 million
- Spent on programs
- 83%
- Reserves
- 10.4 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 0
- Volunteers
- 1,000
- Highest pay
- $751,068, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100.
Reserves
28 of 35Spendable reserves would cover 10.4 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1583% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2514 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $74.5 million spent. THE ORGAN DONATION SERVICES PROGRAM AT NEW ENGLAND ORGAN BANK, INC. IS DESIGNED TO EFFECTIVELY COORDINATE AND MAXIMIZE THE DONATION OF ORGANS FOR TRANSPLANT IN NEW ENGLAND ORGAN BANK, INC'S DESIGNATED SERVICE AREA. IN ORDER TO FULFILL THIS CORE MISSION AS AN ORGAN PROCUREMENT ORGANIZATION, COORDINATORS ARE AVAILABLE 24 HOURS A DAY TO RESPOND ONSITE AT HOSPITALS WITHIN NEW ENGLAND ORGAN BANK, INC. SERVICE AREA WHEN A POTENTIAL ORGAN DONOR HAS BEEN REFERRED AND IDENTIFIED. THIS INCLUDES EVALUATING EVERY POTENTIAL ORGAN DONOR'S SUITABILITY FOR ORGAN DONATION, OBTAINING AUTHORIZATION FROM, OR DISCLOSING A DONOR'S REGISTERED STATUS TO, THE DONOR LEGAL NEXT OF KIN, MAINTAINING CLINICAL SUPPORT THROUGHOUT THE ORGAN RECOVERY PROCESS, AND MANAGING THE COMPLEX LOGISTICS OF THE SURGICAL RECOVERY, PRESERVATION, PACKAGING, TRANSPORTATION AND APPROPRIATE ALLOCATION OF DONATED ORGANS TO RECIPIENTS. AS PART OF THIS SERVICE, COORDINATORS PROVIDE SUPPORT AND INFORMATION ABOUT DONATION TO FAMILIES. IF A PATIENT AUTHORIZED DONATION THROUGH A DONOR REGISTRY, THE COORDINATORS WORK WITH THE FAMILY TO CARRY-OUT THE PATIENT'S DECISION. IF THE PATIENT HAD NOT MADE A DONATION DECISION, THE COORDINATORS WORK WITH FAMILY TO OBTAIN AUTHORIZATION FOR DONATION. THE ORGAN DONATION SERVICES PROGRAM IS FOCUSED ON INCREASING THE NUMBER OF ORGANS AVAILABLE FOR TRANSPLANTATION BY INCREASING THE CONVERSION RATE OF POTENTIAL ORGAN DONORS TO ACTUAL ORGAN DONORS AND BY MAXIMIZING THE PLACEMENT OF ORGANS FOR TRANSPLANT. THE NEW ENGLAND ORGAN BANK, INC. SERVES FOURTEEN TRANSPLANT CENTERS. NEW ENGLAND ORGAN BANK, INC. ALLOCATES ORGANS FOR TRANSPLANT REGIONALLY AND NATIONALLY THROUGH OPTN NATIONAL SYSTEM. DURING 2024, THERE WERE 648 ORGAN DONORS, 2,027 ORGANS WERE RECOVERED, AND 1,570 ORGANS WERE TRANSPLANTED.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1969.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.