Overview
What is Lbu Holdings Inc?
Lbu Holdings Inc is a nonprofit corporation established primarily to support Los Barrios Unidos Community Clinic, Inc. (LBUCC), a charitable organization based in Dallas, Texas. The main purpose of Lbu Holdings Inc is to provide facilities for LBUCC, ensuring they have the necessary space to carry out their medical care services without charging based on the beneficiary's ability to pay. The revenue generated by Lbu Holdings Inc comes from renting these facilities to LBUCC, while all expenses are directly related to these rental activities. Lbu Holdings Inc is therefore instrumental in facilitating and supporting LBUCC's mission of providing affordable medical care to the community.
Official website here: www.losbarriosunidos.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lbu Holdings Inc has achieved a commendable score of 81%, reflecting a strong focus on accountability and finance. This Three-Star rating indicates that the organization adheres to substantial financial practices, which is particularly evidenced by its perfect scores in various categories such as financial statements, material diversion of assets, and policies related to conflicts of interest and whistleblowing.
The nonprofit boasts an impressive program expense ratio of 98.21%, suggesting that the vast majority of its expenditures are directed towards its mission-related activities rather than administrative costs. Additionally, the organization has implemented strong governance practices, including documented board meeting minutes and a comprehensive document retention policy, which contributes positively to its accountability score.
While the overall rating is favorable, it's important for potential donors and supporters to consider the organization's limited focus as the rating is based entirely on the accountability and finance beacon. Future assessments might benefit from broader evaluations of program effectiveness and community impact to provide a more holistic view of Lbu Holdings Inc's contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lbu Holdings Inc?
88% of 51 reviewers on Facebook recommend Lbu Holdings Inc. Here is a summary of their reviews:
Several users express great satisfaction with the staff, highlighting their kindness and professionalism. Reviews often mention specific personnel, such as Doctor Alba and social worker Vero, who are praised for their support and dedication. The positive testimonials reflect a strong sense of community and appreciation among patients, indicating that they feel well cared for and valued within the organization.
Overall, individuals report a favorable experience, recommending the services and personnel at Lbu Holdings Inc to others. The positive sentiment suggests that the nonprofit is effectively meeting the needs of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Lbu Holdings Inc legitimate?
Lbu Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lbu Holdings Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.losbarriosunidos.org
What is the mission statement of Lbu Holdings Inc?
Lbu Holdings Inc was established for charitable purposes, specifically to support Los Barrios Unidos Community Clinic Inc., a non-profit organization based in Texas. The primary role of Lbu Holdings Inc is to facilitate medical care, disregarding the ability of the patients to pay. This corporation operates exclusively to further the objectives of Los Barrios Unidos Community Clinic Inc., which runs medical clinics in Dallas, Texas. The sole activity of Lbu Holdings Inc is to provide facilities for Los Barrios Unidos Community Clinic Inc., and all revenue generated comes from renting these facilities to the clinic, while all expenses are directly related to these rental activities.
Official website here: www.losbarriosunidos.org
Who is the CEO of Lbu Holdings Inc?
Leonor Marquez is the Board Member of Lbu Holdings Inc. The CEO's salary of Lbu Holdings Inc is $0 and their total compensation is $229,312.
Official website here: www.losbarriosunidos.org
What is the revenue of Lbu Holdings Inc?
Lbu Holdings Inc's revenue in 2022 was -$37,716.
Official website here: www.losbarriosunidos.org
Who are the executives of Lbu Holdings Inc and what are their salaries?
Here are 4 key members and their salaries (Lbu Holdings Inc's CEO's salary is $0 and their total compensation is $229,312):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $229,312
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.losbarriosunidos.org
Where can I find the form 990 for Lbu Holdings Inc?
Lbu Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.losbarriosunidos.org
Learn more at the official website: www.losbarriosunidos.org
Mission Statement of Lbu Holdings Inc
Lbu Holdings Inc, established for charitable purposes, primarily functions to support Los Barrios Unidos Community Clinic (LBUCC), a Texas-based non-profit organization. This corporation is dedicated to facilitating medical care, without regard to the beneficiaries' ability to pay. Lbu Holdings Inc operates exclusively to further the objectives of LBUCC, which runs medical clinics in Dallas, Texas. The sole activity of Lbu Holdings Inc is to provide facilities for LBUCC, with all revenue stemming from the rental of these facilities and all expenses directly related to these rental activities. In essence, Lbu Holdings Inc plays a crucial role in ensuring that LBUCC can continue its mission of providing medical care to those in need, regardless of their financial capabilities.
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Impact
October, 2024
Lbu Holdings Inc plays a crucial role in enhancing access to healthcare for underserved populations in Dallas, Texas. By providing facilities specifically for the Los Barrios Unidos Community Clinic, Inc. (LBUCC), it enables the clinic to offer medical services without considering the financial circumstances of its beneficiaries. This initiative directly addresses healthcare disparities in the community, ensuring that individuals receive the medical attention they need regardless of their ability to pay.
The impact of Lbu Holdings Inc extends beyond just the provision of physical space. It supports a vital healthcare infrastructure that serves a diverse population, contributing to overall community improvement. The rental model ensures that all revenues are reinvested into maintaining and supporting the health services provided by LBUCC, creating a sustainable system for community care. Through its commitment to charitable purposes, Lbu Holdings Inc contributes significantly to fostering healthier communities in Dallas.
This information is meant to be a general summary of Lbu Holdings Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $351,479
Assets and Liabilities:
- Total Assets: $10,145,264
- Total Liabilities: $6,550,867
- Net Assets: $3,594,397
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Organization Details
Founding Year
2015
Phone
(214) 752-3729Principal Officer
Leonor Marquez
Main Address
809 SINGLETON BLVD, DALLAS, TX, 75212
Website
www.losbarriosunidos.orgNTEE Category
Code: S47 - Community improvement
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