Civic Intelligence

L&B Ucepp Inc

990EZ • Fiscal year 2021 • EIN 20-1903956

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 25, 2022

Organization ProfileN/A
5910 N Central Expressway 1200Dallas, TX 75206

(214) 989-0800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

6.61x

Higher debt load relative to assets than 99% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

100th percentile

82933.00x

Higher debt load relative to revenue than 100% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

1st percentile

-26947586%

Higher net margin than 1% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-48%

Faster asset growth than 8% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

40%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$87,809

Down $80,138 (-48%) from 2020

Net Assets

Down

-$492,722

Down $660,669 (-393%) from 2020

Liabilities

Up

$580,531

Up $580,531 from 2020

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$7

Up $2 (+40%) from 2020

Expenses

Up

$1,886,338

Up $1,862,321 (+7754%) from 2020

Net Income

Down

-$1,886,331

Down $1,862,319 (-7756%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2011: $354,934Liabilities 2011: $4,494Net Assets 2011: $350,4402011Assets 2012: $306,377Liabilities 2012: $4,207Net Assets 2012: $302,1702012Assets 2013: $459,518Liabilities 2013: $5,006Net Assets 2013: $454,5122013Assets 2014: $436,526Liabilities 2014: $4,208Net Assets 2014: $432,3182014Assets 2015: $344,338Liabilities 2015: $0Net Assets 2015: $344,3382015Assets 2016: $389,639Liabilities 2016: $346Net Assets 2016: $389,2932016Assets 2017: $387,660Liabilities 2017: $0Net Assets 2017: $387,6602017Assets 2018: $205,878Liabilities 2018: $366Net Assets 2018: $205,5122018Assets 2019: $191,959Liabilities 2019: $0Net Assets 2019: $191,9592019Assets 2020: $167,947Liabilities 2020: $0Net Assets 2020: $167,9472020Assets 2021: $87,809Liabilities 2021: $580,531Net Assets 2021: -$492,7222021Assets 2022: $60,571Liabilities 2022: $674,573Net Assets 2022: -$614,0022022

Highlighted filing

2021

Assets$87,809
Liabilities$580,531
Net Assets-$492,722
Open 2021 Filing

Operations Trend

Revenue Growth71st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $20,4642011Expenses 2012: $19,8502012Revenue 2013: $11,744,818Expenses 2013: $14,796Net Income 2013: $11,730,0222013Revenue 2014: $4,864,699Expenses 2014: $15,255Net Income 2014: $4,849,4442014Revenue 2015: $3,354,835Expenses 2015: $107,743Net Income 2015: $3,247,0922015Revenue 2016: $3,353,332Expenses 2016: $13,180Net Income 2016: $3,340,1522016Revenue 2017: $1,648,228Expenses 2017: $12,604Net Income 2017: $1,635,6242017Revenue 2018: $552Expenses 2018: $12,803Net Income 2018: -$12,2512018Revenue 2019: $17Expenses 2019: $13,570Net Income 2019: -$13,5532019Revenue 2020: $5Expenses 2020: $24,017Net Income 2020: -$24,0122020Revenue 2021: $7Expenses 2021: $1,886,338Net Income 2021: -$1,886,3312021Revenue 2022: $0Expenses 2022: $113,382Net Income 2022: -$113,3822022

Highlighted filing

2021

Revenue$7
Expenses$1,886,338
Net Income-$1,886,331
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 25, 2022
Return Version
2021v4.2
Gross Receipts
$7
Mission and Program Overview

Mission

The company is organized for the exclusive purpose of acquiring real property and remitting the net income from such property to the tax-exempt organizations which are beneficiaries of the organization.

The company is organized for the exclusive purpose of acquiring real property and remitting the net income from such property to the tax-exempt organizations that are beneficiaries of the organization.

Program Services

DescriptionGrantsExpenses
THE COMPANY IS IN THE PROCESS OF ACQUIRING REAL ESTATE. ITS TAX-EXEMPT BENEFICIARY IS THE UNION CARBIDE EMPLOYEES' PENSION PLAN (TAX ID NUMBER 13-6076164).$0$1,886,338
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINE M MULLISChairman Of The Board/CEO-$0--
DANIEL L PLUMLEEPresident-$0--
JENNIFER A HANSONTreasurer And Secretary-$0--
CORINNE HOFFMANVice President-$0--
DAVID CASTILLEJOSVice President (Through Oct 2021)-$0--
Filing and Contact Details

Filer

Filer Name
L&b Ucepp Inc
EIN
20-1903956
Phone
2149890800
Address
5910 N CENTRAL EXPRESSWAY 1200, DALLAS, TX 75206

Signing Officer

Name
Jennifer Hanson
Title
Treasurer and Secretary
Phone
2149890800
Signed
2022-04-25
Discuss with paid preparer
Yes

Preparer

Firm
Moss Adams Llp
Address
13727 NOEL ROAD STE 300, DALLAS, TX 75240
Preparer
Steven Talbot
Phone
9724582296
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 7.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: general and administrative expenses. Amount: 1,306,786. Description: asset management fees. Amount: 579,552. Total to form 990-ez, line 16: 1,886,338.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: contribution. Amount: 1,225,662.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 6,000. End of year amount: 6,360.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 0. End of year amount: 580,531.”

Raw XML Appendix136 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0L&B REALTY ADVISORS LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum02149890800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05910 NORTH CENTRAL EXPRESSWAY SUITE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt01200
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075206
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0161947
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt081449
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0L&B REALTY ADVISORS LLP
IRS990EZ/CompensationOfHghstPdCntrctGrp/CompensationAmt01286554
IRS990EZ/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt0INCENTIVE FEE
IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/AddressLine1Txt05910 N CENTRAL EXPRESSWAY SUITE 120
IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/CityNm0DALLAS
IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/StateAbbreviationCd0TX
IRS990EZ/CompensationOfHghstPdCntrctGrp/USAddress/ZIPCd075206
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1886331
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0167947
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087809
IRS990EZ/GrossReceiptsAmt07
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt07
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0167947
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-492722
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0167947
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-492722
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTINE M MULLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANIEL L PLUMLEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER A HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CORINNE HOFFMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID CASTILLEJOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN OF THE BOARD/CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER AND SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT (THROUGH OCT 2021)
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06360
IRS990EZ/OtherChangesInNetAssetsAmt01225662
IRS990EZ/OtherExpensesTotalAmt01886338
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE COMPANY IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING REAL PROPERTY AND REMITTING THE NET INCOME FROM SUCH PROPERTY TO THE TAX-EXEMPT ORGANIZATIONS THAT ARE BENEFICIARIES OF THE ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE COMPANY IS IN THE PROCESS OF ACQUIRING REAL ESTATE. ITS TAX-EXEMPT BENEFICIARY IS THE UNION CARBIDE EMPLOYEES' PENSION PLAN (TAX ID NUMBER 13-6076164).
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01886338
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0580531
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt01886338
IRS990EZ/TotalProgramServiceExpensesAmt01886338
IRS990EZ/TotalRevenueAmt07
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: GENERAL AND ADMINISTRATIVE EXPENSES. AMOUNT: 1,306,786. DESCRIPTION: ASSET MANAGEMENT FEES. AMOUNT: 579,552. TOTAL TO FORM 990-EZ, LINE 16: 1,886,338.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CONTRIBUTION. AMOUNT: 1,225,662.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 6,000. END OF YEAR AMOUNT: 6,360.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 580,531.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER HANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER AND SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02149890800
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0L&B UCEPP INC
ReturnHeader/Filer/BusinessNameControlTxt0L&BU
ReturnHeader/Filer/EIN0201903956
ReturnHeader/Filer/PhoneNum02149890800
ReturnHeader/Filer/USAddress/AddressLine1Txt05910 N CENTRAL EXPRESSWAY 1200
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075206
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910189318
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSS ADAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013727 NOEL ROAD STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075240
ReturnHeader/PreparerPersonGrp/PhoneNum09724582296
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN TALBOT
ReturnHeader/ReturnTs02022-05-10T15:16:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HANSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,809
Liabilities
$580,531
Net assets
-$492,722
Revenue
$7
Expenses
$1,886,338
Net income
-$1,886,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.67$0.61$0.00$0.11$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.09$0.58$0.49$0.00$1.89$1.89
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.00$0.02$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.00$0.01$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.00$0.01$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.65$0.01$1.64
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$3.35$0.01$3.34
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$3.35$0.11$3.25
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.43$4.86$0.02$4.85
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.45$11.7$0.01$11.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.30$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.00$0.35$0.02