William K Warren Medical Research Center Inc

William K Warren Medical Research Center Inc Overview

William K Warren Medical Research Center Inc is located in Tulsa, OK. The organization was established in 1973. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. As of 12/2019, William K Warren Medical Research Center Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, William K Warren Medical Research Center Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $5.5m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES SUPPORT TO SAINT FRANCIS HEALTH SYSTEM PRIMARILY BY MANAGING, ACQUIRING, AND BUILDING ANCILLARY REAL ESTATE FACILITIES AND SUPPORTING MEDICAL RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 1973, THE WILLIAM K. WARREN MEDICAL RESEARCH CENTER, INC. ("WMRC") HAS HELPED SUPPORT SAINT FRANCIS HEALTH SYSTEM, INC. ("SFHS"). A PRIMARY PURPOSE OF WMRC IS TO SUPPORT SFHS BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITIES SO THAT SFHS CAN FOCUS ON HEALTH CARE DELIVERY. FOR EXAMPLE, WMRC, BOTH DIRECTLY AND THROUGH ITS 501(C)(2) TITLE HOLDING SUBSIDIARY, OWNS AND OPERATES A NUMBER OF LARGE MEDICAL OFFICE BUILDINGS USED BY SAINT FRANCIS PHYSICIANS AND WHICH HOUSE DEPARTMENTS OF SAINT FRANCIS HOSPITAL. WMRC ALSO PROVIDES STRATEGIC PROPERTY CONSULTING SERVICES AND EXPERTISE TO SFHS IN EVALUATING AND PLANNING FOR FUTURE REAL ESTATE NEEDS.


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William K Warren Medical Research Center Inc Board, Officers & Key Employees

Name (title)Compensation
D Koschmeder
Information Technology Manager
$141,769
W K Warren Jr
Chairman
$0
T Cooper
President And CEO
$0
J-K C Warren
Trustee/vice President
$0
P Glenn
Asst Treasurer
$0
M Buntz
Treasurer Through 8/6/19
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,120,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,120,000
Total Program Service Revenue$2,698,198
Investment income $3,317,300
Tax Exempt Bond Proceeds $0
Royalties $64,572
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,704,140
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,972,663

William K Warren Medical Research Center Inc Grants Awarded

Over the last fiscal year, William K Warren Medical Research Center Inc has awarded $500,000 in support to 2 organizations.

Grant RecipientAmount

Tulsa, OK

PURPOSE: Support " The Machine" Tulsa Bike Share program

$300,000

OU HEALTH SCIENCES CENTER

PURPOSE: CANCER RESEARCH

$200,000
View Grant Profile

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