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Grace Clinic Of Lubbock

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203856995 ✦ Renton, WA ✦ Designated as a 501(c)(3)

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Overview

What is Grace Clinic Of Lubbock?

Grace Clinic of Lubbock is a nonprofit organization situated in Lubbock, Texas, dedicated to providing quality healthcare services. The organization is part of Providence, a comprehensive healthcare system serving communities across seven states, with a workforce of over 117,000 caregivers. Grace Clinic offers various healthcare services, including walk-in clinics, primary care, obstetrics, pain management, podiatry, and orthopedics, along with outpatient surgical center pharmacy, imaging, and laboratory services. The organization's mission is rooted in expressing God's healing love, especially for the poor and vulnerable populations. Providence is committed to advancing equitable access to quality care and reducing social, racial, and economic disparities through its social responsibility framework. This framework includes a stronger commitment to diversity, equity, and inclusion, along with environmental stewardship. As of September 30, 2022, Providence reported a 13% reduction in carbon emissions in key categories since its 2019 baseline.


Official website here: www.gracehealthsystem.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Grace Clinic of Lubbock has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in its operations and governance. The overall score of 63% reflects concerns particularly in the areas of board independence and financial health. The clinic does not have any independent board members, which may raise questions about its governance practices and decision-making processes.

Despite these challenges, Grace Clinic demonstrates strengths in its financial oversight, having received full points for its audit and oversight committee and for its policies on conflict of interest and whistleblower protections. Additionally, the organization shows a commendable program expense ratio of approximately 68%, suggesting that a significant portion of its funds is directed toward its programs and services, which is a positive aspect for stakeholders.

On the downside, the organization reported a concerning liabilities to assets ratio of 295.27%, indicating potential financial instability. Furthermore, the absence of the tax form on its website may hinder transparency and accessibility of information for donors and the public. Overall, while Grace Clinic has solid aspects, it must address governance and financial issues to improve its standing.


This AI summary has been generated from information found on Charity Navigator.

Is Grace Clinic Of Lubbock legitimate?

Grace Clinic Of Lubbock is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Clinic Of Lubbock submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,166,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,721,234

For more financial information, click here


Official website here: www.gracehealthsystem.com/

What is the mission statement of Grace Clinic Of Lubbock?

Grace Clinic of Lubbock is dedicated to expressing God's healing love through serving all, with a particular focus on those who are poor and vulnerable. They advocate for vulnerable populations and needed reforms in healthcare, transforming care by keeping people healthy and making services more convenient, accessible, and affordable for everyone. The organization is committed to providing high-quality, compassionate care regardless of coverage or ability to pay. Through community benefit programs and other high-impact investments, they work to ensure basic health needs are met and remove barriers to care, building community resilience, and innovating for the future. Grace Clinic of Lubbock is a comprehensive healthcare organization serving millions of lives and enhancing the health of communities across multiple states.


Official website here: www.gracehealthsystem.com/

Who is the CEO of Grace Clinic Of Lubbock?

Vanessa Reasoner is the Ceo of Grace Clinic Of Lubbock. The CEO's salary of Grace Clinic Of Lubbock is $0 and their total compensation is $442,764.


Official website here: www.gracehealthsystem.com/

What is the revenue of Grace Clinic Of Lubbock?

Grace Clinic Of Lubbock's revenue in 2022 was $42,563,308.


Official website here: www.gracehealthsystem.com/

Who are the executives of Grace Clinic Of Lubbock and what are their salaries?

The average compensation at Grace Clinic Of Lubbock during 2022 was $86,005. There are 301 employees at Grace Clinic Of Lubbock.


Here are 22 key members and their salaries (Grace Clinic Of Lubbock's CEO's salary is $0 and their total compensation is $442,764):


Alejandro Verdugo (Physician)
  • Compensation: $1,158,720
  • Related: $0
  • Other: $67,320
Jitendra Vasandani Md (Physician)
  • Compensation: $1,183,202
  • Related: $0
  • Other: $33,966
Hemmo Bosscher (Physician)
  • Compensation: $757,816
  • Related: $0
  • Other: $48,364
Bhupesh Dihenia Md (Director)
  • Compensation: $720,472
  • Related: $0
  • Other: $38,006
Robin Minielly Md (Physician)
  • Compensation: $645,574
  • Related: $0
  • Other: $52,096
Ramakrishnan Ranganath Md (Director)
  • Compensation: $322,748
  • Related: $333,091
  • Other: $38,853
Elias Ghandour (Physician)
  • Compensation: $643,061
  • Related: $0
  • Other: $45,657
James Kelly (Frmr Off. - Vp Senior Corp Counsel)
  • Compensation: $0
  • Related: $604,046
  • Other: $83,353
Shelly Hook Md (Director)
  • Compensation: $471,719
  • Related: $0
  • Other: $47,752
Duncan Burkholder Md (Director/Chair)
  • Compensation: $422,284
  • Related: $0
  • Other: $43,372
Vanessa Reasoner (Ceo)
  • Compensation: $0
  • Related: $414,969
  • Other: $27,795
Rebecca Raedeke Md (Director)
  • Compensation: $388,980
  • Related: $0
  • Other: $43,004
Jared Brinker Md (Director)
  • Compensation: $341,156
  • Related: $0
  • Other: $43,262
Wael Qubti Md (Director)
  • Compensation: $344,353
  • Related: $0
  • Other: $32,140
Patti May Md (Director)
  • Compensation: $335,404
  • Related: $0
  • Other: $39,991
Melonie Pipes (Frmr Off. - Cov Cfo)
  • Compensation: $0
  • Related: $280,291
  • Other: $36,858
Adam Spivey (Cfo)
  • Compensation: $0
  • Related: $266,060
  • Other: $38,171
Benjamin Fluhman (Director)
  • Compensation: $243,931
  • Related: $0
  • Other: $40,451
Lindzi Timberlake (Secretary)
  • Compensation: $0
  • Related: $225,368
  • Other: $22,300
Craig Renfroe (Director Of Finance)
  • Compensation: $0
  • Related: $212,449
  • Other: $30,083
Lisa Martin (Director)
  • Compensation: $142,322
  • Related: $0
  • Other: $14,969
Tyson Purdy Md (Director)
  • Compensation: $70,860
  • Related: $0
  • Other: $0


Official website here: www.gracehealthsystem.com/

Where can I find the form 990 for Grace Clinic Of Lubbock?

Grace Clinic Of Lubbock's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gracehealthsystem.com/

Learn more at the official website: www.gracehealthsystem.com/

Mission Statement of Grace Clinic Of Lubbock

Grace Clinic of Lubbock, a steadfast organization, expresses God's healing love through the ministry of Jesus. They are committed to serving all, with a particular focus on the poor and vulnerable populations. As a comprehensive healthcare organization, they strive to advocate for vulnerable communities and needed reforms in healthcare. Grace Clinic of Lubbock pursues innovative ways to transform healthcare by keeping people healthy and making services more convenient, accessible, and affordable for everyone.

With a team of over 117,000 caregivers across five states, Grace Clinic of Lubbock operates in hospitals, clinics, and a range of services. They serve millions of lives and enhance the health of the American West, aiming to transform care for the next generation and beyond. Their community benefit programs and high-impact investments work to ensure basic health needs are met, remove barriers to care, build community resilience, and innovate for the future.

Grace Clinic of Lubbock's mission is to live out their shared commitment to the poor and vulnerable, serving as a vital safety net for those in need. They are dedicated to responding to community needs and continuing their over 100-year tradition of serving the disadvantaged. Their social responsibility framework includes a stronger commitment to diversity, equity, inclusion, and environmental stewardship. They have implemented an environmental stewardship system strategy to reduce waste, conserve energy and water, support local agriculture partnerships, and lessen their carbon footprint. Grace Clinic of Lubbock's dedication to the community can be seen in their environmental initiatives and the provision of various healthcare services, including primary care, obstetrics, pain management, and outpatient surgical center pharmacy, imaging, and laboratory services.

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Impact




October, 2024

Grace Clinic of Lubbock significantly impacts the local community by providing essential healthcare services to those who are often underserved and vulnerable. With a commitment to high-quality, compassionate care, the clinic ensures that individuals receive necessary medical attention regardless of their financial situation or insurance coverage.

Offering a range of services, including primary care, obstetrics, pain management, podiatry, orthopedics, and outpatient surgical procedures, the clinic addresses diverse health needs. By facilitating convenient access to healthcare, Grace Clinic helps to remove barriers that often prevent people from seeking treatment. Through advocacy and innovative solutions, the clinic also works toward systemic healthcare reforms that benefit the community at large.

In an increasingly uncertain world, Grace Clinic stands as a vital safety net, reflecting a steadfast commitment to community health and well-being. This dedication not only enhances the lives of individuals but fosters broader community resilience and promotes equitable access to quality healthcare.




This information is meant to be a general summary of Grace Clinic Of Lubbock. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$42,563,308 (2022)
Expenses
$42,560,164 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,144
  • Program Service Revenue: $42,560,164
  • Gross Receipts: $42,563,308

Assets and Liabilities:

  • Total Assets: $17,342,298
  • Total Liabilities: $51,207,005
  • Net Assets: -$33,864,707

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT REVENUE

Revenue

$29,871,917

INTER-AFFILIATE REV.

Revenue

$6,880,045

OTHER OPERATING REV.

Revenue

$5,808,202

Organization Details

Founding Year

2018

Principal Officer

Vanessa Reasoner

Main Address

1801 LIND AVE SW ATTN TAX DEPT, RENTON, WA, 98057

NTEE Category

Code: E22 - Health

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