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Nonprofiteer
← UNIVERSIDAD CENTRAL DE BAYAMON INC

Form 990 for tax year 2024

Filed by UNIVERSIDAD CENTRAL DE BAYAMON INC.

Totals

Total revenue
$11,346,644
Total expenses
$11,536,082
Contributions and grants received
$129,414
Grants paid
$0
Program service revenue
$10,045,355
Investment income
$997,612
Other revenue
$174,263
Total assets, end of year
$24,627,022
Total liabilities, end of year
$7,109,057
Net assets or fund balances, end of year
$17,517,965
Program services expenses (Part IX)
$6,807,840
Management and general expenses
$4,728,242
Fundraising expenses
$0
Program service expenses (Part III)
$6,807,840

Program services were 59.0% 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.

  • 1e · Government grants (contributions)

    $129,414

  • 2a · Program service revenue: TUITION AND FEES

    total $10,045,355 · related or exempt $10,045,355

  • 3 · Investment income

    total $43,418 · excluded $43,418

  • 7a · Gross sales of assets other than inventory

    securities $954,194

  • 7c · Gain or loss

    securities $954,194

  • 7d · Net gain or loss

    total $954,194 · related or exempt $954,194

  • 11a · Other revenue: AUXILIARY ENTERPRISES

    total $174,263 · related or exempt $174,263

  • 11e · Other revenue, total

    $174,263

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $3,442,713 · program services $2,165,759 · management and general $1,276,954

  • 10 · Payroll taxes

    total $323,504 · program services $229,273 · management and general $94,231

  • 11g · Fees: other

    total $2,629,427 · program services $1,796,926 · management and general $832,501

  • 12 · Advertising and promotion

    total $269,165 · program services $38,734 · management and general $230,431

  • 17 · Travel

    total $47,579 · program services $46,222 · management and general $1,357

  • 20 · Interest

    total $471,377 · program services $454,223 · management and general $17,154

  • 22 · Depreciation, depletion and amortization

    total $1,215,320 · program services $1,215,320

  • 23 · Insurance

    total $507,245 · management and general $507,245

  • 24a · Other expenses: REPAIR AND MAINTENANCE

    total $951,447 · program services $87,266 · management and general $864,181

  • 24b · Other expenses: UTILITIES

    total $700,160 · program services $18,527 · management and general $681,633

  • 24c · Other expenses: MISCELLANEOUS EXPENSE

    total $643,644 · program services $380,827 · management and general $262,817

  • 24d · Other expenses: SUPPLIES

    total $110,255 · program services $98,917 · management and general $11,338

  • 24e · All other expenses

    total $224,246 · program services $275,846 · management and general -$51,600

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,879,049 · end of year $4,281,665

  • 3 · Pledges and grants receivable

    beginning of year $398,749 · end of year $216,231

  • 8 · Inventories for sale or use

    beginning of year $13,240 · end of year $15,398

  • 9 · Prepaid expenses and deferred charges

    beginning of year $509,678 · end of year $863,859

  • 10a · Land, buildings and equipment: cost or other basis

    $45,108,026

  • 10b · Land, buildings and equipment: accumulated depreciation

    $26,694,984

  • 10c · Land, buildings and equipment, net

    beginning of year $19,389,348 · end of year $18,413,042

  • 11 · Investments: publicly traded securities

    beginning of year $1,826,724 · end of year $836,827

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,624,662 · end of year $6,459,831

  • 19 · Deferred revenue

    beginning of year $19,961 · end of year $17,406

  • 25 · Other liabilities

    beginning of year $1,151,180 · end of year $631,820

  • 27 · Net assets without donor restrictions

    beginning of year $15,788,105 · end of year $15,972,809

  • 28 · Net assets with donor restrictions

    beginning of year $1,432,880 · end of year $1,545,156

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

UCB OFFERS MASTER AND BACHELOR DEGREES AND POSTSECONDARY PROGRAMS TO ENTOLLED STUDENTS. MASTER AND BACHELORS DEGREE INCLUDES SCIENCES, BUSINESS ADMINISTRATION AND EDUCATION. POSTSECONDARY PROGRAMS INCLUDE COMPUTER SCIENCES, BUSINESS ADMINISTRATION AND EDUCATIONAL TECHNOLOGY.

Activities or mission (Part I)

UCB OFFERS MASTER AND BACHELOR DEGREES AND POSTSECONDARY PROGRAMS TO ENROLLED STUDENTS. MASTER AND BACHELORS DEGREE INCLUDES SCIENCES, BUSINESS ADMINISTRATION AND EDUCATION.

  • UNIVERSIDAD CENTRAL DE BAYAMON, INC ( UCB ) OFFERS MASTER AND BACHELOR DEGREES AND POSTSECONDARY PROGRAMS TO ENROLLED STUDENTS. MASTER AND BACHELORS DEGRESS INCLUDES SCIENCE, BUSINESS ADMINISTRATION AND EDUCATION. POSTSECONDARY PROGRAMS INCLUDE COMPUTER SCIENCES, BUSINESS ADMINISTRATION AND EDUCATIONAL TECHNOLOGY. THE INSTITUTION ENCOURAGE THE INTEGRAL DEVELOPMENT OF THE HUMAN BEING, SPIRITUAL COMMUNITARY AND PROFESSIONAL.

    Expenses $6,807,840 · Revenue $10,219,618

As filed on the 2024 return.

Listed in Part VII

  • Fr Rafael Gonzalez Padro

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ing Loures Figueroa Cruz

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lcda Irene Reyes Diez

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dr Angelo Sanfilippo Rimmucci

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sr Luis Garcia Lopez

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sra Carmen Mulero Serrano

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Fr Vincent Davila Bernabe Op

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Fr Jimmy Machionda Op

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Fr Jose Santiago Roman Op

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Fr Luis Morrone Op

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sra Julitza Arroyo Vargas

    DIRECTOR HUMAN RESOURCES

    Total calculated
    $55,000
    From this org
    $55,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Maritza Del Valle Guzman

    ACADEMIC DIRECTOR

    Total calculated
    $72,800
    From this org
    $72,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $72,800
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $72,800

  • Oscar Morales Cruz

    INTERIM PRESIDENT

    Total calculated
    $90,009
    From this org
    $90,009
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Sr Angel Valentin Roman

    EXECUTIVE ASSISTANT PRESIDENT

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $100,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $100,000

  • Sr Ismael Velez De La Rosa

    DEAN OF ADMINISTRATION

    Total calculated
    $42,088
    From this org
    $42,088
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Sra Niza E Zayas Marrero

    DEAN OF STUDENTS

    Total calculated
    $53,599
    From this org
    $53,599
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ser Mons Angel Luis Rios Matos

    PRESIDENT - BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    1

  • P Obispo Ruben A Gonzalez Medina

    VICE PRESIDENT BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    1

  • Ser Mons Roberto Gonzalez Nieves

    ARCHBISHOP OF SAN JUAN

    Total calculated
    $0
    Hours/week
    1

  • Ser Mons Alberto Figueroa Morales

    BISHOP OF ARECIBO

    Total calculated
    $0
    Hours/week
    1

  • Ser Mons Eusebio Ramos Morales

    CHAIR ACADEMIC AFFAIRS COMMITTE

    Total calculated
    $0
    Hours/week
    1

  • Ser Mons Luis Miranda Rivera

    BISHOP FAJARDO-HUMACAO

    Total calculated
    $0
    Hours/week
    1

  • Ser Mons Tomas Gonzalez Gonzalez

    AUXILIARY BISHOP SAN JUAN

    Total calculated
    $0
    Hours/week
    1

  • Lcdo Jose A Frontera

    UCB PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ser Piergiorgio Bertoldi

    APOSTOLIC NUNCIO

    Total calculated
    $0
    Hours/week
    1

  • CPA Edna I Jimenez

    CHAIR OF THE FINANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    1

  • CPA Juan Jose Santiago Marrero

    CHAIR OF THE INVESTMENT COMMITTEE

    Total calculated
    $0
    Hours/week
    1

  • Sr Gustavo A Almodovar

    Total calculated
    $0
    Hours/week
    1

  • CPA Jaime Rivera Torres

    Total calculated
    $0
    Hours/week
    1

  • CPA Ismael Falcon Ortega

    CHAIR OF THE AUDIT COMMITTEE

    Total calculated
    $0
    Hours/week
    1

  • Dr Edwin Irizarry Mora

    Total calculated
    $0
    Hours/week
    1

  • Rvdo Diacono Angel Betancourt

    Total calculated
    $0
    Hours/week
    1

  • Lcdo Octavio Capo Perez

    CHAIR STUDENT AFFAIRS COMMITTEE

    Total calculated
    $0
    Hours/week
    1

  • Sr Jose Gonzalez Villafane

    Total calculated
    $0
    Hours/week
    1

  • Lcdo Hector Reichard

    CHAOR OF PLANNING COMMITTEE

    Total calculated
    $0
    Hours/week
    1

  • Sra Soraya M Sesto

    CHAIR OF DEVELOPMENT COMMITTEE

    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

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • Ocar Morales Cruz

    FORMER INTERIM PRESIDENT

    Schedule J breakdown

    Base
    $90,009
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $90,009

Answered yes

  • 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

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.

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
2024
Filed
13 May 2026
IRS schema version
2024v5.1
Source object
202611359349309426

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