L&B DEPP-UCEPP 5500 PRESTON ROAD INC

EIN: 201331127 Community Improvement

DALLAS, TX

Total Revenue
$2,565,293
Total Expenses
N/A
Total Assets
$71,050,177
Net Assets
$32,212,536
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
DE
Principal Officer
CHRISTINE M MULLIS
Phone
2149890800
Tax Period
2025-01-01 to 2025-12-31

L&B DEPP-UCEPP 5500 PRESTON ROAD INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

THE COMPANY IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY AND REMITTING THE ENTIRE AMOUNT OF INCOME (LESS EXPENSES) FROM SUCH PROPERTY TO THE TAX-EXEMPT ORGANIZATIONS THAT ARE SHAREHOLDERS IN THE CORPORATION. A DETAILED LIST OF SHAREHOLDERS IS AVAILABLE UPON WRITTEN REQUEST BY CONTACTING: JENNIFER HANSON, C/O L&B REALTY ADVISORS LLP, 5910 NORTH CENTRAL EXPRESSWAY, SUITE 1200, DALLAS, TX, 75206.

Program Service Accomplishments

Program 1

ACQUIRING REAL PROPERTY AND REMITTING THE ENTIRE AMOUNT OF THE INCOME (LESS EXPENSES) FROM SUCH PROPERTY TO THE TAX-EXEMPT ORGANIZATIONS THAT ARE SHAREHOLDERS IN THE CORPORATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $13,519
Other Revenue $2,551,774
TOTAL REVENUE $2,565,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $2,565,293 $1,876,139 +0.4%
Expenses N/A N/A N/A
Net Income N/A $1,876,139 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE M MULLIS CHAIRMAN OF THE BOARD/CEO 1.00
Officer Director
$0 $0 $0
JENNIFER A HANSON SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
CORINNE HOFFMAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SCOTT CRONISTER VICE PRESIDENT 1.00
Officer
$0 $0 $0
MERRILL CURTIS VICE PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,565,293 No data $71,050,177 No data
2024 No data No data No data No data
2023 $854,718 No data $64,841,440 No data
2022 $554,797 No data $72,732,882 No data
2021 $2,496,636 No data $65,877,207 No data
2020 $2,571,576 No data $69,173,011 No data
2019 $2,601,000 No data $68,878,348 No data
2018 $2,565,162 No data $66,012,669 No data
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