Warren Professional Building Corpo… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

TM McNulty

Phone

9184817955

Tax Period

2024-01-01 to 2024-12-31

Warren Professional Building Corporation, founded in 1967, is a mid-sized nonprofit that reported $30.1M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $8.4M, a strong 28% operating margin.

Mission

A TITLE HOLDING COMPANY UNDER 501(C)(2) THAT OWNS AND MANAGES PROPERTY USED BY SAINT FRANCIS HEALTH SYSTEM AND ITS HEALTH CARE PROVIDER AFFILIATES AND PHYSICIANS.

Program Service Accomplishments

Program 1

SINCE 1967, WARREN PROFESSIONAL BUILDING CORPORATION ("WPBC") HAS HELPED SUPPORT SAINT FRANCIS HEALTH SYSTEM, INC. ("SFHS"). A PRIMARY PURPOSE OF WPBC IS TO SUPPORT SFHS BY HOLDING, MANAGING...

SINCE 1967, WARREN PROFESSIONAL BUILDING CORPORATION ("WPBC") HAS HELPED SUPPORT SAINT FRANCIS HEALTH SYSTEM, INC. ("SFHS"). A PRIMARY PURPOSE OF WPBC IS TO SUPPORT SFHS BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITIES SO THAT SFHS CAN FOCUS ON HEALTH CARE DELIVERY. WPBC OWNS AND MANAGES BUILDINGS THAT SERVE AS OFFICE AND CLINIC SPACE FOR MEDICAL PROFESSIONALS THAT SERVE PATIENTS IN THE SFHS COMMUNITY. THESE BUILDINGS ARE: - WARREN MEDICAL BUILDING - KELLY MEDICAL BUILDING - WILLIAM MEDICAL BUILDING - NATALIE MEDICAL BUILDING - WARREN CLINIC BUILDINGS 2, 7 AND 11 - BROKEN ARROW MEDICAL OFFICE BUILDING - BISHOPS MEDICAL BUILDING - COWETA MEDICAL OFFICE BUILDING - WARREN CLINIC OWASSO - WARREN CLINIC SOUTH MEMORIAL - WARREN CLINIC BROKEN ARROW KENOSHA - WARREN CLINIC TULSA HILLS - WARREN CLINIC SAND SPRINGS. WPBC HAS A HELPFUL WEBSITE THAT HAS A PATIENT/VISITOR SECTION TO HELP PEOPLE LOCATE THE MEDICAL PROFESSIONALS THEY NEED WITHIN THE BUILDINGS AND WHERE THEY MAY REQUEST ASSISTANCE WITH ACCESS. WPBC ALSO PROVIDES STRATEGIC PROPERTY CONSULTING SERVICES AND EXPERTISE TO SFHS IN EVALUATING AND PLANNING FOR FUTURE REAL ESTATE NEEDS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,159,811

Program Service Revenue $17,971,498

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30,131,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,891,977

Fundraising Expenses $0

Other Expenses $19,796,625

TOTAL EXPENSES $21,688,602

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,131,309	$26,811,031	+0.1%
Expenses	$21,688,602	$22,413,732	0.0%
Net Income	$8,442,707	$4,397,299	+0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$615,987

Total Directors

$508,503

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
T MCNULTY	PRESIDENT	40.0	Officer Director	$404,492	$104,011	$508,503
D WILSON	DIRECTOR OF GUEST SERVICES	35.0	Highest	$116,097	$51,474	$167,571
B TOLOMEO	OPERATIONS MANAGER	35.0	Highest	$134,054	$19,596	$153,650
J CASE	PROPERTY MANAGER	35.0	Highest	$116,802	$31,976	$148,778
S HINSON	Property Manager	35.0	Highest	$115,169	$8,359	$123,528
S MILLER	SECRETARY	40.0	Officer	$90,083	$17,401	$107,484
J-K C WARREN	TRUSTEE/DIRECTOR	1.0	Director	$0	$0	$0
T COOPER	CHAIRMAN AND CEO	10.0	Officer Director	$0	$0	$0
J PIERCE	Treasurer	15.0	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
2024	$30,131,309	$21,688,602	$146,152,198	$8,442,707
2023	$26,811,031	$22,413,732	$143,745,232	$4,397,299
2022	$29,151,742	$20,713,161	$143,023,925	$8,438,581
2021	$24,638,017	$20,490,978	$132,862,964	$4,147,039
2020	$16,086,889	$18,881,052	$127,070,876	$-2,794,163
2019	$19,506,482	$19,183,920	$130,153,071	$322,562
2018	$18,434,190	$18,725,267	$129,702,544	$-291,077

Warren Professional Building Corporation