2018-11-14T17:33:36-06:00 2017-12-31 ERNST & YOUNG US LLP 1900 SCRIPPS CENTER 312 WALNUT ST CINCINNATI OH 45202 990 2017-01-01 237275389 William K Warren Medical Research Center INC % PA GLENN WILL 9184817955 PO BOX 470372 TULSA OK 741470372 T E COOPER PRESIDENT AND CEO 9184817955 2018-11-14 true TRICIA M JOHNSON P00627205 5136121400 98.28.167.80 31049020183185000007 2018-11-14 P 7313A187C73CF691EAD51F96A22D84CA4FB2EFCC E75E4AF8E999B2DA84673B904CC4ABFA422FD78A 2017 2019-02-21 02:37:17Z TE COOPER 6585 S YALE AVE SUITE 1040 TULSA OK 74136 87598007 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. 5 4 2 0 54940 10564 2237021 8518919 2323304 2297639 1771354 1792679 208670 159951 6540349 12769188 2030000 500000 0 0 216301 246526 0 0 0 1349333 1007492 3595634 1754018 2944715 11015170 316985896 327945963 175301 120198 316810595 327825765 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 1183735 500000 2297639 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. 1183735 true true false false false false false false false false true false false true false false false false false false true 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 7 0 true 2 true true true false false false false false false false false false X 5 4 true false false false true true false true true false false true false false false false true false OK X PA GLENN 9184817955 6585 S YALE AVENUE SUITE 1040 TULSA OK 74136 W K WARREN JR CHAIRMAN 0.5 0.0 X X 0 0 0 J-K C WARREN TRUSTEE/VICE PRESIDENT 0.5 1.0 X X 0 0 0 T COOPER PRESIDENT and CEO 1.0 10.0 X X 0 0 0 J HENRY JR TRUSTEE 0.5 0.0 X 0 0 0 P MCKEE MD TRUSTEE 10.0 0.0 X 0 0 0 M BUNTZ TREASURER 2.0 1.0 X 0 0 0 R YOUNG SECRETARY 0.5 0.0 X 0 0 0 T EDMONDSON ASST SECRETARY 0.5 0.0 X 0 0 0 P GLENN ASST TREASURER 10.0 30.0 X 0 142660 38691 D KOSCHMEDER Information Technology Manager 30.0 10.0 X 123446 0 20843 123446 142660 59534 1 false true false 0 8518919 7868919 8518919 BUILDING RENTALS ADJACENT TO SFHS 532000 2297639 2297639 2297639 2006824 2006824 0 0 0 0 0 74614674 74828819 -214145 -214145 -214145 0 0 0 0 0 0 0 0 0 SERVICE FEES 561499 54940 54940 MISCELLANEOUS 105011 105011 159951 12769188 2297639 54940 1897690 500000 500000 0 0 0 0 0 180839 180839 23741 23741 28221 28221 13725 13725 18287 2250 16037 59635 3169 56466 34490 34490 0 0 154290 154290 0 0 815 815 3163 3163 0 0 4819 4819 0 0 0 0 432680 428205 4475 11303 11303 AD VALOREM TAXES 109829 109829 BICYCLE PROGRAM EXPENSES 89904 89904 LANDSCAPE & STORMWATER MGMT 33378 33378 MISCELLANEOUS 54899 17000 37899 1754018 1183735 570283 0 1230602 306823 10038389 3660211 0 0 192257 204294 0 0 0 0 0 0 0 0 0 0 59730659 4285998 55651387 55444661 36512945 47419669 4000000 4253444 0 0 0 0 209360316 216656861 316985896 327945963 175301 120198 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 175301 120198 X 0 0 0 0 316810595 327825765 316810595 327825765 316985896 327945963 11015170 X X false false false X X 1 SAINT FRANCIS HEALTH SYSTEM INC 731501972 3 true 8021000 16731000 1 8021000 16731000 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 2017 (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 $7,431,000. 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. At no cost to SFHS, the Tulsa Townies, LLC (a direct subsidiary of WMRC) provided exclusive marketing rights and sponsorship benefits to SFHS. This free service to the public generated 15,228 bicycles checked out in 2017 and promoted the health and wellness of the community. WMRC incurred costs to operate and maintain the system in 2017 in the amount of $90,000. Also Tulsa Townies through Tulsa Tough, Inc. provided a grant of $300,000 to the "Tulsa Bike Share " which is a public-private partnership that provides a bicycle transit system in Tulsa, Oklahoma. C. WMRC provided financial support as successor in interest to the Saint Francis Hospital of Tulsa Medical Research Institute in the amount of $200,000. This involved direct support of the cancer research program based at the University of Oklahoma Health Sciences Center. 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 $4,087,000 of costs for SFHS. B. As contributions are received by WMRC, it is able to hold and invest funds until needed for a specific project. Contributions were received in 2017 of $8,518,000. Because of the significant amount of funds invested, 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. Investment returns of $4,090,000 and the contribution of $8,518,000 are both considered non-monetary until actually spent. C. WMRC and its subsidiaries contracted with an Ad Valorem tax consultant to analyze our property valuations. As a result of his report to the taxing authority, the valuation of several properties was reduced resulting in a $36,000 tax savings. D. Additional non-monetary support WMRC provides to SFHS is a preservation of assets ultimately to be used for the benefit of SFHS. For example, over time, annual costs savings of $1,095,000 have been realized due to janitorial and operational changes implemented by WMRC. 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, aquiring and building ancillary real estate facilites 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. 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 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. 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 and acquiring and building its real estate facilities. 43001999 43001999 16700000 4282050 12417950 2340 0 2340 26320 3948 22372 55444661 INVESTMENT IN AFFILIATE 216656627 DEPOSITS 234 216656861 Central America and the Caribbean Investments 2000000 2000000 2000000 false false false false false false true OU HEALTH SCIENCES CENTER 1100 N LINDSAY AVE OKLAHOMA CITY OK 73104 736017987 501(c)(3) 200000 CANCER RESEARCH Tulsa Tough Inc 824b East Admiral Blvd Tulsa OK 74120 273283740 501(c)(3) 300000 Support " The Machine" Tulsa Bike Share program 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 P GLENN ASST TREASURER 0 112660 0 30000 0 0 13132 25559 0 181351 X 4 7867755 FMV X 6 TREES 6 1164 0 false false false 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 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 Treasurer, 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 1997 WMRC WMRC-GLENPOOL #1 LLC 6585 S YALE AVE STE 900 TULSA OK 74136 472665908 SUPPORT SFHS OK 0 2936 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 & AFFIL 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 0 305 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 0.62380 false false true false false false false false false false false false false false false false false false false WARREN PROFESSIONAL BUILDING CORPORATION B 7296311 CASH