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Nonprofiteer
← FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC

Form 990 for tax year 2022

Filed by FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION INC.

Totals

Total revenue
$44,931,282
Total expenses
$52,727,138
Contributions and grants received
$46,759,330
Grants paid
$40,902,034
Program services expenses (Part IX)
$41,419,532
Management and general expenses
$3,001,915
Fundraising expenses
$8,305,691
Program service expenses (Part III)
$41,419,532

Program services were 78.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ADALIO T SANCHEZ

    VICE CHAIR/CHAIR AS OF 6/2023

    Total calculated
    $0
    Hours/week
    1
  • ALBERT R TANO

    MEMBERSHIP & BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ANDRE L TEIXEIRA

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • CANDIDO J VIYELLA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CARLOS A SABATER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CARMEL J BARRAU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHAD MOSS

    ATHLETICS SUB-CO CHAIR

    Total calculated
    $0
    Hours/week
    1
  • CLAUDIA PUIG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CRISTINA DI MAURO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID M ZINN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DEANNE BUTCHEY

    EX-OFFICIO - UNTIL 8/31/2022

    Total calculated
    $322,350
    From this org
    $0
    From related orgs
    $284,796
    Other
    $37,554
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $284,796 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $17,698 related
    Nontaxable benefits
    $0 + $19,856 related
    Filer's total
    $0 + $322,350 related
  • ELIZABETH M BEJAR

    EX-OFFICIO

    Total calculated
    $564,494
    From this org
    $0
    From related orgs
    $498,978
    Other
    $65,516
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $498,978 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $43,672 related
    Nontaxable benefits
    $0 + $21,844 related
    Filer's total
    $0 + $564,494 related
  • ELLIOT N STONE

    REAL ESTATE SUB-COM CHAIR

    Total calculated
    $0
    Hours/week
    1
  • FRANCIS A HONDAL

    DIRECTOR - UNTIL 3/29/2023

    Total calculated
    $0
    Hours/week
    1
  • FRANCISCO LOPEZ JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GERALD C GRANT JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GINA C DUARTE ROMERO

    EX-OFFICIO - UNTIL 4/20/2023

    Total calculated
    $31,370
    From this org
    $0
    From related orgs
    $31,370
    Other
    $0
    Hours/week
    1 + 40 related
  • HUMBERTO CABANAS

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • IRA D GILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAMES W LOEWENHERZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JASON A SALTZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JEFFREY L HORSTMYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JILL M GRANAT

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • JONATHAN E PERLMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JUAN CARLOS ALEXANDER

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • JUAN J MARTINEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JUAN R FIGUEREO

    FOUNDATION ENTERPRISE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • LATESSA DOTSON HALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARCEL L NAVARRO

    INVESTMENT SUB-COM CHAIR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL A KAPPITT

    CAMPAIGN & MARKETING CHAIR

    Total calculated
    $0
    Hours/week
    1
  • NOEL C BARENGO

    EX-OFFICIO

    Total calculated
    $208,694
    From this org
    $0
    From related orgs
    $172,998
    Other
    $35,696
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,998 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $15,840 related
    Nontaxable benefits
    $0 + $19,856 related
    Filer's total
    $0 + $208,694 related
  • NOEL J GUILLAMA-ALVAREZ

    CAMPAIGN BUDGET TASK CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ORLANDO ROCHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RAKESH AND RACHANEE SARNA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RICHARD BRILLIANT

    LONG-TERM STRATEGIC CHAIR

    Total calculated
    $0
    Hours/week
    1
  • RICHARD P TONKINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT A BAER SR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT M NAMOFF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SANTANA WAY

    EX-OFFICIO/FIU STUDENT GOVERNMENT

    Total calculated
    $4,674
    From this org
    $0
    From related orgs
    $4,674
    Other
    $0
    Hours/week
    1 + 5 related
  • SERGIO ABREU JR

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • STEWART L APPELROUTH

    AUDIT SUB COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • T GENE PRESCOTT

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • THOMAS C RAGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TINA M VIDAL-DUART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • VALENTINA CASANOVA

    EX-OFFICIO - UNTIL 5/2/2023

    Total calculated
    $7,544
    From this org
    $0
    From related orgs
    $7,544
    Other
    $0
    Hours/week
    1 + 40 related
  • WALTER B GONZALEZ JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • YOLANGEL HERNANDEZ SUAREZ

    DIRECTOR

    Total calculated
    $405,262
    From this org
    $0
    From related orgs
    $378,053
    Other
    $27,209
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $378,053 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $27,166 related
    Nontaxable benefits
    $0 + $43 related
    Filer's total
    $0 + $405,262 related
  • ADRIANNE PERDOMO

    CONTROLLER & INTERIM ASST. TREASURER AS OF 5/5/23

    Total calculated
    $151,293
    From this org
    $36,656
    From related orgs
    $83,930
    Other
    $30,707
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $36,656 + $83,930 related
    Bonus
    $0
    Other
    $0
    Deferred
    $3,973 + $9,097 related
    Nontaxable benefits
    $5,361 + $12,276 related
    Filer's total
    $45,990 + $105,303 related
  • HOWARD R LIPMAN

    CEO - UNTIL 5/30/2023

    Total calculated
    $506,913
    From this org
    $307,917
    From related orgs
    $150,976
    Other
    $48,020
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,917 + $150,976 related
    Bonus
    $0
    Other
    $0
    Deferred
    $17,570 + $8,615 related
    Nontaxable benefits
    $14,651 + $7,184 related
    Filer's total
    $340,138 + $166,775 related
  • MILAGROS GARCIA-CHICA

    ASST TREASURER - UNTIL 5/5/23

    Total calculated
    $197,724
    From this org
    $8,827
    From related orgs
    $154,329
    Other
    $34,568
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $8,827 + $154,329 related
    Bonus
    $0
    Other
    $0
    Deferred
    $796 + $13,916 related
    Nontaxable benefits
    $1,074 + $18,782 related
    Filer's total
    $10,697 + $187,027 related
  • PABLO G ORTIZ

    INTERIM CEO AS OF 5/30/2023

    Total calculated
    $364,001
    From this org
    $0
    From related orgs
    $278,045
    Other
    $85,956
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $278,045 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $64,194 related
    Nontaxable benefits
    $0 + $21,762 related
    Filer's total
    $0 + $364,001 related
  • ADY ARGUELLES

    DEVELOPMENT OFFICER

    Total calculated
    $223,889
    From this org
    $187,709
    From related orgs
    $0
    Other
    $36,180
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,709
    Bonus
    $0
    Other
    $0
    Deferred
    $16,954
    Nontaxable benefits
    $19,226
    Filer's total
    $223,889
  • CAROLYN JACKSON

    AVP - UNTIL 6/1/2023

    Total calculated
    $210,015
    From this org
    $171,825
    From related orgs
    $0
    Other
    $38,190
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,825
    Bonus
    $0
    Other
    $0
    Deferred
    $18,964
    Nontaxable benefits
    $19,226
    Filer's total
    $210,015
  • LINDA LEE MENAGE

    CCO/INTERIM CDO

    Total calculated
    $251,639
    From this org
    $213,032
    From related orgs
    $0
    Other
    $38,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,032
    Bonus
    $0
    Other
    $0
    Deferred
    $19,381
    Nontaxable benefits
    $19,226
    Filer's total
    $251,639
  • MELISSA HERNANDEZ

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $215,309
    From this org
    $188,974
    From related orgs
    $0
    Other
    $26,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,974
    Bonus
    $0
    Other
    $0
    Deferred
    $17,131
    Nontaxable benefits
    $9,204
    Filer's total
    $215,309
  • RAFAEL PROHIAS

    GENERAL COUNSEL

    Total calculated
    $227,423
    From this org
    $0
    From related orgs
    $195,011
    Other
    $32,412
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $195,011 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $21,563 related
    Nontaxable benefits
    $0 + $10,849 related
    Filer's total
    $0 + $227,423 related

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

  • 4a · Severance or change-of-control payment

Answered no

  • 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)

PART I, LINE 3
THE ORGANIZATION RELIED ON FLORIDA INTERNATIONAL UNIVERSITY (FIU), A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO. THE PROCESS TO HIRE THE ORGANIZATION'S CEO INCLUDES A WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE ORGANIZATION'S BOARD OF DIRECTORS. THE PROCESS TO HIRE OTHER OFFICERS OR KEY EMPLOYEES INCLUDES A DETAILED REVIEW OF FIU'S COMPENSATION DEPARTMENT, WHICH INCLUDES AN ANALYSIS OF COMPARABLE SALARIES WITHIN FIU AND THE FLORIDA STATE UNIVERSITY SYSTEM.
PART I, LINE 4A
THE ASSISTANT VICE PRESIDENT, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $19,661 DURING THE FISCAL YEAR.

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

The 10 largest by cash amount. The API serves every itemized grant.

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
15 October 2023
IRS schema version
2022v5.0
Source object
202441179349300709

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.