Laureate Building Corporation

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

EIN: 731478020 ✦ Tulsa, OK ✦ Designated as a 501(c)(2)

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Overview

What is Laureate Building Corporation?

Laureate Building Corporation, established since 1995, serves as a title holding company under Section 501(C)(2). Its primary role is to support Laureate Psychiatric Clinic and Hospital (LPCH) by managing and acquiring ancillary real estate facilities. By doing so, LPCH can focus its efforts on delivering healthcare services, allowing Laureate Building Corporation to contribute to this mission in a supportive capacity. The corporation is based in Tulsa, Oklahoma, with a specific address not provided in the information. Its main activity lies in holding and managing properties used by LPCH and its healthcare provider affiliates and physicians.

Is Laureate Building Corporation legitimate?

Laureate Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Laureate Building Corporation 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

What is the mission statement of Laureate Building Corporation?

Laureate Building Corporation, functioning as a title holding company under Section 501(C)(2), primarily supports Laureate Psychiatric Clinic and Hospital and its affiliated healthcare providers and physicians. Its main objective is to manage and acquire ancillary real estate facilities, enabling Laureate Psychiatric Clinic and Hospital to solely focus on delivering healthcare services. Since its establishment in 1995, Laureate Building Corporation has been instrumental in aiding Laureate Psychiatric Clinic and Hospital by holding and managing properties.

Who is the CEO of Laureate Building Corporation?

Timothy M Mcnulty is the Director of Laureate Building Corporation.

What is the revenue of Laureate Building Corporation?

Laureate Building Corporation's revenue in 2022 was $1,248,277.

Who are the executives of Laureate Building Corporation and what are their salaries?

There 7 volunteers at Laureate Building Corporation.


Here are 7 key members and their salaries:


J-K C Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
P Mckee Md (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Mcnulty (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
P Glenn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Dage (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laureate Building Corporation?

Laureate Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laureate Building Corporation

Laureate Building Corporation, as a title holding company under section 501(C)(2), plays a crucial role in supporting Laureate Psychiatric Clinic and Hospital, as well as its healthcare provider affiliates and physicians. This organization's primary purpose is to aid LPCH by managing, acquiring, and building ancillary real estate facilities. By handling these responsibilities, Laureate Building Corporation enables LPCH to focus solely on delivering high-quality healthcare services. As a result, the corporation's mission is to ensure the success and growth of LPCH's facilities, thereby enabling the organization to provide top-notch medical care to its patients. Since its inception in 1995, Laureate Building Corporation has demonstrated a strong commitment to supporting LPCH's mission and has contributed significantly to its growth and development.

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Impact




October, 2024

Laureate Building Corporation has made a significant impact in the Tulsa community since 1995 by supporting the operations of Laureate Psychiatric Clinic and Hospital. By acquiring and managing real estate facilities, LBC allows the clinic to concentrate on delivering essential healthcare services. This strategic focus not only enhances the clinic's capabilities but also strengthens the overall mental health infrastructure in the region. Through its efforts, Laureate Building Corporation plays a vital role in community improvement, facilitating access to important mental health resources for those in need.




This information is meant to be a general summary of Laureate Building Corporation. 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
$1,248,277 (2022)
Expenses
$1,897,978 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,878
  • Program Service Revenue: $1,243,399
  • Gross Receipts: $1,248,277

Assets and Liabilities:

  • Total Assets: $4,454,230
  • Total Liabilities: $0
  • Net Assets: $4,454,230

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Programs

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

RENTAL INCOME

Revenue

$1,243,399

Organization Details

Founding Year

1995

Principal Officer

Timothy M Mcnulty

Main Address

P O Box 470372, Tulsa, OK, 741470372

NTEE Category

Code: S47 - Community improvement

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