Totals
- Total revenue
- $16,243,819
- Total expenses
- $16,150,445
- Contributions and grants received
- $2,941,526
- Grants paid
- $0
- Program service revenue
- $13,302,293
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $51,449,461
- Total liabilities, end of year
- $26,702,042
- Net assets or fund balances, end of year
- $24,747,419
- Program services expenses (Part IX)
- $9,568,815
- Management and general expenses
- $6,581,630
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $9,568,815
Program services were 59.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$2,941,526
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: TUITIONS AND FEES
total $10,858,246 · related or exempt $10,858,246 · unrelated business $0 · excluded $0
-
2b · Program service revenue: OTHER SOURCES INCOME
total $2,444,047 · related or exempt $2,444,047 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $5,649,329 · program services $4,209,196 · management and general $1,440,133
-
10 · Payroll taxes
total $661,508 · program services $421,751 · management and general $239,757
-
11g · Fees: other
total $1,557,248 · program services $52,655 · management and general $1,504,593
-
12 · Advertising and promotion
total $598,884 · program services $598,884
-
16 · Occupancy
total $1,368,209 · program services $1,079,689 · management and general $288,520
-
20 · Interest
total $1,045,563 · program services $825,081 · management and general $220,482
-
22 · Depreciation, depletion and amortization
total $1,474,049 · program services $1,108,289 · management and general $365,760
-
23 · Insurance
total $558,699 · program services $440,884 · management and general $117,815
-
24a · Other expenses: SECURITY
total $583,836 · program services $0 · management and general $583,836 · fundraising $0
-
24b · Other expenses: SCHOLARSHIPS & ESTIPENDS
total $475,544 · program services $468,392 · management and general $7,152 · fundraising $0
-
24c · Other expenses: SOFWATRE AND LICENCES
total $876,638 · program services $0 · management and general $876,638 · fundraising $0
-
24e · All other expenses
total $1,300,938 · program services $363,994 · management and general $936,944
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,569,519 · end of year $9,813,518
-
4 · Accounts receivable
beginning of year $2,355,032 · end of year $2,403,542
-
9 · Prepaid expenses and deferred charges
beginning of year $195,509 · end of year $253,223
-
10a · Land, buildings and equipment: cost or other basis
$67,196,706
-
10b · Land, buildings and equipment: accumulated depreciation
$28,440,410
-
10c · Land, buildings and equipment, net
beginning of year $39,723,126 · end of year $38,756,296
-
15 · Other assets
beginning of year $222,882 · end of year $222,882
-
17 · Accounts payable and accrued expenses
beginning of year $2,508,446 · end of year $7,341,136
-
23 · Secured mortgages and notes payable
beginning of year $21,903,577 · end of year $19,360,906
-
27 · Net assets without donor restrictions
beginning of year $24,524,519 · end of year $24,617,893
-
28 · Net assets with donor restrictions
beginning of year $129,526 · end of year $129,526
Mission and programs · 2022
Mission
Provide Higher Education to sub-graduated, graduated and doctoral students under degree programs.
Activities or mission (Part I)
Provide Higher Education to sub-graduated, graduated, and doctoral students under degree programs.
-
Educational services for 3450 undergraduate and 1075 graduate students.
Expenses $9,568,815 · Revenue $10,858,246
As filed on the 2022 return.
Listed in Part VII
-
Ana E CucurellaANA E CUCURELLA
EXECUTIVE PRESIDENT
- Total calculated
- $159,037
- From this org
- $159,037
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,937
- Bonus
- $13,100
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $159,037
-
Hector Gracia GraciaHECTOR GRACIA GRACIA
VP FINANZAS
- Total calculated
- $83,033
- From this org
- $83,033
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Elena GarciaELENA GARCIA
COMPLIANCE DIRECTOR
- Total calculated
- $69,693
- From this org
- $69,693
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Victor Adorno BadilloVICTOR ADORNO BADILLO
EXECUTIVE DIRECTOR
- Total calculated
- $64,078
- From this org
- $64,078
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Keneth OliverasKENETH OLIVERAS
SECRETARY OF BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Teresita RiveraTERESITA RIVERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julio CayJULIO CAY
PRESIDENT OF THE BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Herbert MatteiHERBERT MATTEI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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, and on a Form 990-PF Part VIII's — 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
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
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
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a
- THE RESIDENT OF THE PRESIDENTE IS IN A HOUSE POPERTY OF THE UNIVERSITY.
- Schedule J, Part I, Line 3
- THE PRESIDENT HAS A WRITTEN CONTRACT WITH THE ORGANIZATION
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421349349307527
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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