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Lufkin Vision Acquisitions

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

EIN: 820563768 ✦ Lufkin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lufkin Vision Acquisitions?

Lufkin Vision Acquisitions is a nonprofit organization with a mission to provide office space for healthcare professionals. Initially connected with Catholic Health Initiatives (CHI) during its 2018 fiscal year, the organization underwent a transformation following CHI's name change to CommonSpirit Health on February 1, 2019, in conjunction with the alignment of Catholic ministries with Dignity Health. Lufkin Vision Acquisitions focuses on acquiring real estate properties, which can be rented, sold to the public, or donated directly to the Memorial Health System of East Texas. The organization's primary aim is to support the medical community by offering appropriate workspaces.

Is Lufkin Vision Acquisitions legitimate?

Lufkin Vision Acquisitions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lufkin Vision Acquisitions submitted a form 990EZ, 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.

What is the mission statement of Lufkin Vision Acquisitions?

Lufkin Vision Acquisitions' primary mission is to offer office space for healthcare professionals. The organization acquires real estate, which it either rents out, sells to the public, or donates directly to a healthcare system. This initiative aims to support the medical field by providing suitable workspaces for healthcare professionals. Prior to 2019, Lufkin Vision Acquisitions was associated with Catholic Health Initiatives, which later changed its name to CommonSpirit Health due to a merger with Dignity Health.

Who is the CEO of Lufkin Vision Acquisitions?

Leslie Leach is the President of Lufkin Vision Acquisitions. The CEO's salary of Lufkin Vision Acquisitions is $0 and their total compensation is $0.

What is the revenue of Lufkin Vision Acquisitions?

Lufkin Vision Acquisitions's revenue in 2022 was $13,517.

Who are the executives of Lufkin Vision Acquisitions and what are their salaries?


Here are 4 key members and their salaries (Lufkin Vision Acquisitions's CEO's salary is $0 and their total compensation is $0):


Leslie Leach (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
D David Hearne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monte Bostwick (Market Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelli Brooks (Vp Of Finance & Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lufkin Vision Acquisitions?

Lufkin Vision Acquisitions's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lufkin Vision Acquisitions

Lufkin Vision Acquisitions, as a mission-driven organization, is dedicated to providing office space for healthcare professionals. This entity, in its mission, seeks to acquire real estate properties that can be utilized as rentals, sold to the public, or even donated directly to the Memorial Health System of East Texas. The primary goal of Lufkin Vision Acquisitions is to contribute to the healthcare sector by offering suitable workspaces for medical professionals. In the year ending June 30, 2018, Lufkin Vision Acquisitions was affiliated with Catholic Health Initiatives, which later underwent a name change to CommonSpirit Health in February 1, 2019, following the alignment of Catholic ministries with Dignity Health. This transition did not affect Lufkin Vision Acquisitions' mission, which remains focused on providing office spaces for healthcare professionals, contributing to the overall wellbeing of the community.

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Impact




October, 2024

Lufkin Vision Acquisitions plays a crucial role in enhancing healthcare accessibility in Lufkin, Texas, by providing essential office space for healthcare professionals. This access to professional office settings fosters a collaborative environment for medical providers, ultimately improving patient care and community health outcomes.

By acquiring real properties that can be rented, sold, or donated, the organization supports the operational needs of healthcare facilities and professionals in the region. This initiative not only addresses the logistical challenges faced by healthcare providers but also contributes to the economic growth of the local community. In aligning with larger health systems like CommonSpirit Health, Lufkin Vision Acquisitions reinforces a commitment to quality care, ensuring that healthcare resources are effectively utilized and accessible to those in need within East Texas.

The impact of Lufkin Vision Acquisitions extends beyond mere real estate transactions; it embodies a strategic approach to strengthening the healthcare infrastructure, promoting the well-being of the community, and fostering an environment where healthcare professionals can thrive.




This information is meant to be a general summary of Lufkin Vision Acquisitions. 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
$13,517 (2022)
Expenses
$36 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $13,517
  • Gross Receipts: $13,517

Assets and Liabilities:

  • Total Assets: $35,271
  • Total Liabilities: $1,221,401
  • Net Assets: -$1,186,130

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Organization Details

Principal Officer

Leslie Leach

Main Address

PO BOX 1447, LUFKIN, TX, 75901

NTEE Category

Code: T30 - Philanthropy

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