Skip to content
Nonprofiteer
← TULSA ROYALTIES COMPANY

Form 990 for tax year 2022

Filed by TULSA ROYALTIES COMPANY.

Totals

Total revenue
$3,658,107
Total expenses
$3,658,315
Contributions and grants received
$0
Grants paid
$3,253,000
Program services expenses (Part IX)
$3,253,000
Management and general expenses
$405,315
Fundraising expenses
$0
Program service expenses (Part III)
$3,253,000

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Heath Thomas

    Vice President

    Total calculated
    $242,577
    From this org
    $0
    From related orgs
    $193,018
    Other
    $49,559
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $189,792 related
    Bonus
    $0
    Other
    $0 + $3,225 related
    Deferred
    $0 + $5,106 related
    Nontaxable benefits
    $0 + $45,575 related
    Filer's total
    $0 + $243,698 related

  • Randy L Smith

    Vice President for Operations/Treasurer

    Total calculated
    $175,321
    From this org
    $0
    From related orgs
    $152,574
    Other
    $22,747
    Hours/week
    0.5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,796 related
    Bonus
    $0
    Other
    $0 + $1,778 related
    Deferred
    $0 + $1,423 related
    Nontaxable benefits
    $0 + $22,183 related
    Filer's total
    $0 + $176,180 related

  • Lester Kasterke

    Assistant Secretary

    Total calculated
    $124,282
    From this org
    $0
    From related orgs
    $101,357
    Other
    $22,925
    Hours/week
    0.5 + 50 related

  • Ben Stewart

    President

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Robert Morris

    President

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Gabbert

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • John Lee

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Matt Brooks

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Matt Brown

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Aubrey Chapin

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Steve Hall

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Justin Sampler

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Rhonda Mikles

    Director

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
28 March 2023
IRS schema version
2022v5.0
Source object
202331359349306033

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.