2025-11-17T12:48:05-05:00 2024-12-31 ERNST & YOUNG US LLP 221 E 4TH STREET STE 2900 CINCINNATI OH 45202 990 2024-01-01 237275389 William K Warren Medical Research Center INC % J PIERCE WILL 9184817955 PO BOX 470372 TULSA OK 741470372 THOMAS COOPER PRESIDENT AND CEO 9184817955 2025-11-17 true true JULIE L SPARKS P01268401 5136121400 2025-11-17 2024 2025-03-06 01:10:19Z TE COOPER 6585 S YALE AVE SUITE 1040 TULSA OK 74136 30406875 false X NONE X 1973 OK Provides support to Saint Francis Health System primarily by managing, acquiring, and building ancillary real estate facilities and supporting medical research. 6 4 2 8 96793 0 8890546 10016160 2060171 1295768 196201 4496314 499577 375476 11646495 16183718 338949 642949 0 0 330454 393866 0 0 0 2534480 768731 3203883 1805546 8442612 14378172 357115670 371435533 62531 4222 357053139 371431311 TO PROVIDE SUPPORT TO SAINT FRANCIS HEALTH SYSTEM, INC. ("SFHS") BY SUPPORTING MEDICAL RESEARCH AND BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITIES SO THAT SFHS CAN FOCUS ON HEALTH CARE DELIVERY. false false 1170712 642949 1295768 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. 1170712 true true false false false false false false false false true false false true false false false false false false false false false false false false false true false true false false false false false false false false true false false false true true true true true false true 5 0 true 2 true true true false false false false false false false false false false false X 6 4 true false false false true true false true true false false true false false false false true false OK X J PIERCE 9184817939 PO BOX 470372 TULSA OK 741370372 T MCNULTY DIRECTOR 1.0 40.0 X 0 404492 104011 D KOSCHMEDER Information Technology Manager 30.0 10.0 X 193333 0 56997 W K WARREN JR CHAIRMAN 0.5 0.0 X X 0 0 0 J-K C WARREN TRUSTEE/VICE PRESIDENT 0.5 6.0 X X 0 0 0 T COOPER PRESIDENT and CEO 1.0 10.0 X X 0 0 0 P MCKEE MD Trustee (Thru 02/2024) 0.5 0.0 X 0 0 0 C ROBERTSON TRUSTEE 0.5 39.0 X 0 0 0 L REYNOLDS TRUSTEE (Beg 02/2024) 0.5 0.0 X 0 0 0 J ADAMS SECRETARY 0.5 0.0 X 0 0 0 D MCMANUS ASST SECRETARY 0.5 0.0 X 0 0 0 J PIERCE Treasurer 1.0 15.0 X 0 0 0 193333 404492 161008 1 false true false 0 10016160 6985000 10016160 BUILDING RENTALS ADJACENT TO SFHS 532000 1295768 1295768 0 0 1295768 1294644 1294644 0 3108 3108 0 0 0 17424827 14223157 3201670 3201670 3201670 0 0 0 0 0 0 0 0 0 SERVICE FEES 561499 96793 96793 MISCELLANEOUS 900099 249824 249824 UBI TAX REFUND 25751 25751 372368 16183718 1295768 96793 4774997 642949 642949 0 0 0 0 0 263081 263081 80372 80372 31945 31945 18468 18468 9920 9920 17142 17142 18304 18304 0 0 143820 143820 0 0 6004 6004 4868 4868 0 9216 9216 1728 1728 0 0 0 0 1480 1480 17613 17613 AD VALOREM TAXES 108602 108602 LANDSCAPE & STORMWATER MGMT 110394 110394 MISCELLANEOUS 20275 9401 10874 FENCING OF WOODED AREA 299365 299365 0 1805546 1170711 634835 0 235631 447076 7965333 6404643 0 0 121057 118179 0 0 0 0 0 0 0 0 0 0 43087411 32971 43127920 43054440 30170989 30949127 14585287 17392804 0 0 0 0 260909453 273069264 357115670 371435533 16035 4222 0 0 46496 0 0 0 0 0 0 0 0 0 0 0 0 0 62531 4222 X 0 0 0 0 357053139 371431311 357053139 371431311 357115670 371435533 14378172 X X false false false X X 1 SAINT FRANCIS HEALTH SYSTEM INC 731501972 3 true 7352080 5384892 1 7352080 5384892 true true false false false false false false false false false false false false false true true true X true true Part I, Line 12G(v) - AMOUNT OF MONETARY SUPPORT PROVIDED TO SAINT FRANCIS A. Amounts expended in tax year 2024 (in terms of depreciation) by WMRC AND ITS SECTION 501(C)(2) SUBSIDIARY, WARREN PROFESSIONAL BUILDING CORPORATION ("WPBC"), to SFHS to operate real estate in support of SFHS and its affiliates was in the amount of $7.01 million. Note that depreciation is a reflection of actual funds expended in the current and prior years and is a method of reflecting the cost over the life of the assets. In some years, WMRC expends larger amounts to construct or purchase assets. WMRC has chosen to present depreciation as representative of the amount spent on behalf of and in support of SFHS. B. WMRC contributed $339K to SFHS in 2024 to support the Saint Francis School of Nursing. Part I, Line 12G(vi) - ESTIMATE OF FMV OF NON MONETARY SUPPORT PROVIDED A. WMRC and its subsidiaries do not impute a typical and customary asset management fee, property management fee, construction management fees or leasing commissions on its SFHS-related properties. Had these fees been charged or a third party been hired to perform these services, there would have been an additional $2.72 million in costs for SFHS. B. As contributions are received by WMRC, it is able to hold and invest funds until needed for a specific project. In 2024, WMRC received $2.4 million from The William K. Warren Foundation to be used as monetary support for SFHS in the future. C. WMRC actively manages its investment portfolio, and has flexibility with its structure, enabling it to take a market-facing approach with regard to asset allocation and level of risk. Had these fees been incurred or a third-party been hired to manage these funds, there would have been an additional cost of $245K. D. WMRC, through its subsidiary, provided $17k in non-monetary support to SFHS in the form of rent-free storage space. E. When accounting for unreimbursed costs, SFHS entities have not been charged rent for, and the annual cash expended by WMRC that results in operating losses on the buildings does not include, an imputed value of the land that SFHS entities fully or partially occupy. In other words, land does not generate a depreciation expense, rents charged do not bear this expense, and therefore, SFHS entities receive additional support because of this. Part IV, SECTION A, LINE 2 - SUPPORTED ORGANIZATION WMRC supports Saint Francis Health System, As an IRC Sec 509(a)(3), Type III Functionally Integrated entity. WMRC's primary purpose 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. WMRC's similarly operated for the benefit and support of, carry out the purposes of, or be operated in connection with the various hospitals, clinics, or other not-for-profit entities owned or operated by Saint Francis Health System which are organized and operated so as to qualify for exemption under section 501(c)(3) of the Code, or one or more other publicly supported organizations such as, hospitals, medical research organizations, educational organizations or other publicly supported organizations which are organized and operated exclusively for charitable, scientific or; educational purposes within the meaning of section 501(c)(3) of the Code, and which have related or similar purposes to those of the said Saint Francis Health System, Inc. for the promotion of health; to provide for better and improved medical care, and medical research. PART IV, SECTION D, LINE 3 A COMMON TRUSTEE AND COMMON BOARD MEMBERSHIP ENSURE A SIGNIFICANT VOICE, INCLUDING COMMUNICATION WITH REGARD TO SFHS'S REAL ESTATE NEEDS. Part IV, Section E, Line 2(A) Supported Organization: Saint Francis Health System. WMRC supports SFHS by holding, managing, acquiring, and building ancillary real estate facilities for SFHS. 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 by Saint Francis Hospital to house departments. WMRC also provides strategic property consulting services and expertise to SFHS in evaluating and planning for future real estate needs. In order to determine that WMRC directs substantially all its activities to support SFHS, WMRC sits in on meetings with SFHS, responds to requests for action, and is generally responsive to the needs of the SFHS. Part IV, SECTION E, LINE 2(B) But for the support of WMRC, SFHS would have the responsibility of attending to significant other real estate needs. This includes holding title to its exempt use assets, managing, acquiring, and building its real estate facilities. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 43048889 43048889 0 0 0 0 0 0 0 0 0 38522 32971 5551 43054440 INVESTMENT IN AFFILIATE 273069264 273069264 true SAINT FRANCIS HEALTH SYSTEM INC 6161 South Yale Ave Tulsa OK 74136 731501972 501(c)(3) 338949 SFHS School of Nursing TULSA DAY CENTER 415 WEST ARCHER TULSA OK 74103 731557819 501(c)(3) 304000 Outreach Program (Program Support) 2 0 Schedule I, Part 1, Ln 2 Filing organization reviews the charitable status of receiving organization. X true true false false false false false false false false false D KOSCHMEDER Information Technology Manager 168333 0 25000 0 0 0 34275 0 22722 0 250330 0 0 0 T MCNULTY DIRECTOR 0 312492 0 92000 0 0 0 75322 0 28689 0 508503 0 0 HEALTH CLUB FEES EMPLOYEES ARE ENCOURAGED TO JOIN A NEARBY HEALTH CLUB. THE EMPLOYER PAYS 50% OF THE FEES AND THE EMPLOYEE IS RESPONSIBLE FOR THE REMAINING 50%. THE COST TO THE ORGANIZATION IS APPROXIMATELY $20 PER MONTH PER EMPLOYEE AND IS INCLUDED AS A TAXABLE FRINGE BENEFIT ON RESPECTIVE EMPLOYEE'S W-2. X 1 6985000 LAND APPRAISAL 0 false false false Real estate - other ON AUGUST 27, 2024 WMRC received a gift entailing 20 acres of land in South Tulsa from The William K. Warren Foundation. Subsequently, WMRC donated the land to it's wholly-owned subsidiary, Warren professional Building Corporation. FORM 990, PART VI, LINE 2 As active members of their community, board members of the William K. Warren Medical Research Center, Inc. ("WMRC") have business relationships with one another. Also, W. K. Warren, Jr. and John-Kelly C. Warren have a family relationship. FORM 990, PART VI, LINES 6 & 7A THE MEMBERS ELECT OTHER MEMBERS. THE MEMBERS ALSO ELECT THE BOARD OF WMRC ON AN ANNUAL BASIS. FORM 990, PART VI, LINES 11A & 11B The Form 990 information was compiled from the organization's corporate and accounting records by internal accounting staff, who prepared the Form 990. The completed Form 990 was reviewed by the organization's CEO and external tax advisor. Upon satisfactory completion of the review process, a draft of the Form 990 was circulated to the organization's Board of Directors for review. The Form 990 was then filed with the Internal Revenue Service. FORM 990, PART VI, LINE 15B A COMPENSATION COMMITTEE CONSISTING OF THE CHAIRMAN OF WMRC AND A DIRECTOR OF WPBC (WHO IS NOT PAID BY WPBC) MEET ANNUALLY TO DETERMINE EMPLOYEE COMPENSATION. SALARY SURVEY INFORMATION PROVIDED BY A THIRD-PARTY CONSULTANT IS CONSIDERED. FORM 990, PART VI, LINE 19 The organization makes its governing documents and financial statements available to the public upon request in accordance with the public disclosure rules. Tulsa Townies LLC PO BOX 470372 TULSA OK 74147 061810816 SUPPORT SFHS OK 0 3189 WMRC WARREN PROFESSIONAL BUILDING CORPORATION PO BOX 470372 TULSA OK 74147 730769414 SUPPORT SFHS OK 501(C)(2) N/A WMRC true SAINT FRANCIS HEALTH SYSTEM INC 6161 SOUTH YALE AVE TULSA OK 74136 731501972 HEALTH SYSTEM OK 501(c)(3) 12-TYPE II NA false MEDICAL PROF BUILDING SERVICES inc PO BOX 470372 TULSA OK 74147 731153065 BLDG MAINT OK WPBC C CORP 0 31019 1.00000 true 103 memorial center property owners asso 6585 south yale suite 1040 tulsa OK 74136 820995057 COMMON AREA MAINT OK WPBC C Corp 0 0 1.00000 true false true false false false false false false false false false false false false false true true false false WARREN PROFESSIONAL BUILDING CORPORATION B 5174811 CASH WARREN PROFESSIONAL BUILDING CORPORATION B 6985000 LAND APPRAISAL WARREN PROFESSIONAL BUILDING CORPORATION P 139112 CASH WARREN PROFESSIONAL BUILDING CORPORATION Q 141499 CASH