Laureate Building Corporation

Organization Overview

Laureate Building Corporation is located in Tulsa, OK. The organization was established in 1995. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laureate Building Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 12/2021, Laureate Building Corporation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 1995, LAUREATE BUILDING CORPORATION ("LBC") HAS HELPED SUPPORT LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL, INC. ("LPCH"). A PRIMARY PURPOSE OF LBC IS TO SUPPORT LPCH BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITIES SO THAT LPCH CAN FOCUS ON DELIVERING HEALTH CARE.


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Board, Officers & Key Employees

Name (title)Compensation
P Mckee MD
Vice President
$0
S Miller
Secretary
$0
E Schick
Asst Treasurer (thru 10/13/21)
$0
D Dage
Asst Treasurer (beg. 10/13/21)
$0
T Mcnulty
President
$0
P Glenn
Treasurer
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,231,051
Investment income $1,701
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,232,752

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