2024-11-15T09:09:07-06:00 2023-12-31 ERNST & YOUNG US LLP 221 E 4TH STREET STE 2900 CINCINNATI OH 45202 990 2023-01-01 731328882 Laureate Mental Health Corporation % J PIERCE LAUR 9184928100 P O BOX 470372 Tulsa OK 741470372 Thomas E Cooper PRESIDENT 9184928100 2024-11-14 true true JULIE L SPARKS P01268401 5136121400 2024-11-14 2023 2024-10-15 13:58:12Z THOMAS E COOPER P O Box 470372 Tulsa OK 741470372 1500000 false X N/A X 1988 OK SEE SCHEDULE O 4 4 0 8 0 0 1600000 1500000 0 0 0 0 0 0 1600000 1500000 1112940 1112940 0 0 0 0 0 0 0 348 12480 1113288 1125420 486712 374580 501767 876347 0 0 501767 876347 TO PROVIDE SUPPORT TO LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL, INC ("LPCH") AND LAUREATE INSTITUTE FOR BRAIN RESEARCH, INC. ("LIBR") BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITES SO THAT LPCH AND LIBR CAN FOCUS ON DELIVERING HEALTH CARE. false false 1112940 1112940 0 Since 1988 Laureate Mental Health Corporation("LMHC") has provided support to both Laureate Psychiatric Clinic and Hospital, Inc.("LPCH") and Laureate Institute for Brain Research, Inc. ("LIBR"). A primary purpose of LMHC is to support LPCH and LIBR by holding, managing, acquiring and building ancillary real estate facilities so that LPCH and LIBR can focus on delivering health care and health care research. 1112940 true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true true true false false true 0 0 0 false false false false false false false false false false false false X 4 4 true false false false true true false true false false false true false false false false false false OK X J PIERCE 9184928100 6585 S YALE AVE SUITE 900 Tulsa OK 74136 X J-K C Warren Trustee/Chairman & CEO 0.5 1.5 X X 0 0 0 P McKee MD Trustee 0.5 1.5 X 0 0 0 T Cooper Trustee/President 0.5 10.5 X X 0 0 0 C Robertson Trustee 0.5 1.0 X 0 0 0 J Adams Secretary 0.5 1.0 X 0 0 0 P Glenn Treasurer (Ending 7/2023) 0.5 1.0 X 0 0 0 D Dage ASST TREASURER 0.5 1.5 X 0 0 0 J Pierce Treasurer (Beg. 7/2023) 0.5 1.0 X 0 0 0 0 0 0 0 false false false 0 1500000 1500000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1500000 1112940 1112940 0 0 0 0 0 0 0 0 0 0 0 12460 0 12460 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BANK FEES 20 0 20 0 1125420 1112940 12480 0 501767 876347 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 501767 876347 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 501767 876347 501767 876347 501767 876347 374580 X false false false X X 2 LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL 731308273 3 true 1112940 96500 LAUREATE INSTITUTE FOR BRAIN RESEARCH 731328881 4 true 0 16500 2 1112940 113000 true false false false false false false false false false false false false false false true true true X true true Part I, Line 12g(vi) - Laureate Psychiatric Clinic & Hospital (LPCH) Non-monetary support of $80,000 was provided to LPCH in the form of rent-free space. An additional $16,500 of non-monetary support was provided to LPCH in the form of asset management fees not being charged by Laureate Mental Health Corporation (LMHC). Had these fees been charged or a third party been hired to perform these services, there would have been an additional $16,500 of costs for LPCH in 2023. Part I, Line 12g(vi) - Laureate Institute for Brain Research (LIBR) Non-monetary support of $16,500 was provided to LIBR in the form of asset management fees not being charged by Laureate Mental Health Corporation (LMHC). Had these fees been charged or a third party been hired to perform these services, there would have been an additional $16,500 of costs for LIBR in 2023. Part IV, Section D, Line 3 LPCH and LIBR, as LMHC's supported organizations, communicate their real estate needs to LMHC. In addition, there is a relationship through the presence of common governing members for LMHC, LPCH and LIBR that assures the responsiveness of LMHC to its supported organizations. This includes decisions relating to the use of LMHC's income and assets at all times during the tax year. See additional information below regarding Part IV, Section E, Ln 2(A). Part IV, Section E, Line 2(a) Supported Organizations - Laureate Psychiatric Clinic & Hospital (LPCH) and Laureate Institute for Brain Research (LIBR). A primary purpose of Laureate Mental Health Corporation is to support LPCH and LIBR by holding, managing, acquiring and building ancillary real estate so that LPCH Can focus on delivering health care and LIBR can focus on Mental Health Research. Part IV, Section E Line 2(b) But for the support of Laureate Mental Health Corporation, both LPCH and LIBR would have the added responsibility of attending to additional real estate needs. This includes holding title to exempt use assets, managing those assets and acquiring and building real estate facilities. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true Laureate Psych Clinic & Hospital Inc P O Box 470207 Tulsa OK 74147 731308273 501(c)(3) 1112940 General Support of the Organization 1 PART I, LINE 2 FILING ORGANIZATION REVIEWS THE CHARITABLE STATUS OF RECEIVING ORGANIZATION. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION PROVIDES SUPPORT TO LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL, INC., A SUBSIDIARY OF SAINT FRANCIS HEALTH SYSTEM, INC., AND LAUREATE INSTITUTE FOR BRAIN RESEARCH, INC. PRIMARILY BY INVESTING IN MEDICAL RESEARCH THAT BENEFITS PATIENTS AND BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITIES. FORM 990, PART VI, SECTION A, LINE 2 FAMILY OR BUSINESS RELATIONSHIPS AS ACTIVE MEMBERS OF THEIR COMMUNITY, BOARD MEMBERS OF LAUREATE MENTAL HEALTH CORPORATION ("LMHC") HAVE BUSINESS RELATIONSHIPS WITH ONE ANOTHER. FORM 990, PART VI, LINES 6 & 7A DESCRIPTION OF CLASSES OF MEMBERS AND THE NATURE OF THEIR RIGHTS THE MEMBERS ELECT OTHER MEMBERS. THE MEMBERS ALSO ELECT THE BOARD OF LMHC ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED TO REVIEW THE FORM 990 THE FORM 990 INFORMATION IS COMPILED FROM THE ORGANIZATION'S CORPORATE AND ACCOUNTING RECORDS AND PREPARED INTERNALLY. THE COMPLETED FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND EXTERNAL TAX ADVISOR. UPON SATISFACTORY COMPLETION OF THE INTERNAL REVIEW PROCESS, A DRAFT OF THE FORM 990 IS CIRCULATED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW AND SUBSEQUENTLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN ACCORDANCE WITH PUBLIC DISCLOSURE RULES. Laureate Building Corporation P O Box 470372 Tulsa OK 74147 731478020 Support LPCH OK 501(c)(2) N/A LMHC true Laureate Psychiatric Clinic & Hospital P O Box 470207 Tulsa OK 74147 731308273 Psych Hosp OK 501(c)(3) 3 SFHS false Laureate Institute for Brain Research 6655 S Yale Ave Tulsa OK 74136 731328881 Med. Research OK 501(c)(3) 4 NA false false true true false false false false false false false false true false true false false false false false Laureate Building Corporation C 1500000 Actual Amount