2023-05-12T14:21:40-07:00 2022-12-31 990 2022-01-01 736101744 TULSA ROYALTIES COMPANY TULS 4055855130 500 W University Shawnee OK 74804 Randy Smith Vice Pres for Operations/Treas 4055855810 2023-03-28 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Randy Smith 500 W University Shawnee OK 74804 3658107 0 X X 1951 OK To provide financial support of Oklahoma Baptist University, an exempt organization providing Christian higher education to approximately 1,300 students from all over the United States and many other countries. 7 7 0 16 0 0 0 0 0 0 895 2782 2722790 3655325 2723685 3658107 2418750 3253000 0 0 0 0 0 0 0 304823 405315 2723573 3658315 112 -208 214 6 0 0 214 6 Tulsa Royalties Company is a supporting organization, created to provide financial support of Oklahoma Baptist University, an exempt organization. Oklahoma Baptist University is a Christian liberal arts university which transforms lives by equipping students to pursue academic excellence, integrate faith with all areas of knowledge, engage a diverse world and live worthy of the high calling of God in Christ. 0 0 3253000 3253000 0 Contributions of financial support for Oklahoma Baptist University. Financial support funds special projects, including campus improvement projects, capital expenditures and retirement of debt. 0 0 0 3253000 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X X Lester Kasterke 4055855130 500 W University Shawnee OK 74804 Heath Thomas Vice President 0.5 50 X X 0 193018 49559 Randy L Smith Vice President for Operations/Treasurer 0.5 50 X X 0 152574 22747 Lester Kasterke Assistant Secretary 0.5 50 X X 0 101357 22925 Ben Stewart President 0.5 0.5 X X X 0 0 0 Robert Morris President 0.5 X 0 0 0 Michael Gabbert Director 0.5 X X 0 0 0 John Lee Director 0.5 X 0 0 0 Matt Brooks Director 0.5 X 0 0 0 Matt Brown Director 0.5 X 0 0 0 Aubrey Chapin Director 0.50 X 0 0 0 Steve Hall Director 0.50 X 0 0 0 Justin Sampler Director 0.50 X 0 0 0 Rhonda Mikles Director 0.5 X X 0 0 0 0 446949 95231 0 1 1 0 0 0 0 2782 0 0 2782 0 0 0 0 3655325 0 0 3655325 0 0 0 0 0 3658107 0 0 3658107 3253000 3253000 153904 153904 86 86 Production Taxes 250897 0 250897 0 Ad Valorem Taxes 428 0 428 0 3658315 3253000 405315 0 214 6 214 6 0 0 X 0 0 0 0 214 6 214 6 214 6 -208 0 0 0 0 0 X 0 1 X 1 0 X X 1 Oklahoma Baptist University 730579264 2 1 3253000 0 1 3253000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 Schedule D, Part I, Line 4 The organization holds mineral assets which are restricted to be used by the supported organization, Oklahoma Baptist University. The mineral assets are fully depleted, and therefore, have $0 book value on December 31, 2022 cash basis financial statements. However, these mineral assets are income producing. As a supporting organization of Oklahoma Baptist University, the income is used to provide contributions to Oklahoma Baptist University to fund special projects such as campus improvements and capital expenditures as well as the retirement of debt. Schedule D, Part V, Line 4 The organization holds mineral assets which are restricted to be used by the supported organization, Oklahoma Baptist University. The mineral assets are fully depleted, and therefore, have a $0 book value on December 31, 2022 cash basis financial statements. However, these mineral assets are income producing. As a supporting organization of Oklahoma Baptist University, the income is used to provide contributions to Oklahoma Baptist University to fund special projects such as campus improvements and capital expenditures as well as the retirement of debt. 1 Oklahoma Baptist University 500 W University Shawnee OK 74804 730579264 501(c)3 3253000 0 Cash Special projects on the campus of Oklahoma Baptist University 1 0 Schedule I, Part I, Line 2 The organization only makes grants to the supported organization, Oklahoma Baptist University. 0 0 0 0 0 0 0 0 0 Heath Thomas Vice President 0 189792 0 0 0 3225 0 5106 0 45575 0 243698 0 0 Randy L Smith Vice President for Operations/Treasurer 0 150796 0 0 0 1778 0 1423 0 22183 0 176180 0 0 Form 990, Part VI, Section A, Line 6 The organization's bylaws designate the trustees of Oklahoma Baptist University as members of the corporation Form 990, Part VI, Section A, Line 7a The organization's bylaws designate the trustees of Oklahoma Baptist University as members of the corporation. The members elect directors of the organization. Form 990, Part VI, Section B, Line 11b A draft copy of Form 990 is provided to the governing body for their review prior to filing. Form 990, Part VI, Section B, Line 12c Conflict of Interest statements are submitted annually by officers and directors. These statements are reviewed by the governing board and issues, if any, are resolved to the satisfaction of the governing board. Form 990, Part VI, Section B, Line 15 The organization's officers, including the CEO and CFO, are not compensated by the organization; therefore, this question is not applicable. Information provided on Part VII, Section A, Line 1a and Schedule J is provided because some officers receive compensation from Oklahoma Baptist University which is a related organization. Form 990, Part VI, Section C, Line 18 The organization does not have a website. The organization provides its governing documents, conflict of interest policy and financial statements upon request. Form 990, Part VI, Section C, Line 19 The organization does not have a website so the organization provides its governing documents, conflicts of interest policy and financial statements upon request. Oklahoma Baptist University 500 W University Shawnee OK 74804 730579264 Christian higher education OK 501(c)3 line 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Oklahoma Baptist University b 3253000 Cash gift