Skip to content
Nonprofiteer
← UNIVERSIDAD DEL SAGRADO CORAZON INC

Form 990 for tax year 2022

Filed by UNIVERSIDAD DEL SAGRADO CORAZON INC.

Totals

Total revenue
$45,401,808
Total expenses
$47,782,185
Contributions and grants received
$13,146,558
Grants paid
$1,614,240
Program service revenue
$31,276,649
Investment income
-$292,514
Other revenue
$1,271,115
Total assets, end of year
$72,829,085
Total liabilities, end of year
$30,071,720
Net assets or fund balances, end of year
$42,757,365
Program services expenses (Part IX)
$30,515,400
Management and general expenses
$17,266,785
Fundraising expenses
$0
Program service expenses (Part III)
$30,515,400

Program services were 63.9% 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.

  • 1c · Fundraising events

    $108,085

  • 1e · Government grants (contributions)

    $11,861,740

  • 1f · All other contributions, gifts and grants

    $1,176,733

  • 1g · Noncash contributions included above

    $49,981

  • 2a · Program service revenue: TUITIONS AND FEES

    total $28,561,348 · related or exempt $28,561,348

  • 2b · Program service revenue: SALES AND SERVICES OF AUXILAR

    total $1,855,678 · related or exempt $1,855,678

  • 2c · Program service revenue: SALES AND SERVICES OF EDUCATI

    total $859,623 · related or exempt $859,623

  • 3 · Investment income

    total $559,710 · excluded $559,710

  • 7a · Gross sales of assets other than inventory

    securities $17,256,628

  • 7b · Less cost or other basis and sales expenses

    securities $18,108,852

  • 7c · Gain or loss

    securities -$852,224

  • 7d · Net gain or loss

    total -$852,224 · excluded -$852,224

  • 8a · Fundraising events: contributions included on line 1c

    $108,085

  • 11a · Other revenue: OTHER SOURCES

    total $1,271,115 · related or exempt $1,271,115

  • 11e · Other revenue, total

    $1,271,115

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,614,240 · program services $1,614,240

  • 5 · Compensation of officers, directors and key employees

    total $2,193,128 · management and general $2,193,128

  • 7 · Other salaries and wages

    total $17,460,712 · program services $15,899,219 · management and general $1,561,493

  • 8 · Pension plan contributions

    total $1,823,818 · management and general $1,823,818

  • 9 · Other employee benefits

    total $1,480,136 · program services $1,083,852 · management and general $396,284

  • 10 · Payroll taxes

    total $1,913,538 · program services $1,357,262 · management and general $556,276

  • 11b · Fees: legal

    total $50,367 · management and general $50,367

  • 11g · Fees: other

    total $3,981,406 · program services $1,751,116 · management and general $2,230,290

  • 12 · Advertising and promotion

    total $1,224,858 · program services $37,851 · management and general $1,187,007

  • 20 · Interest

    total $814,655 · management and general $814,655

  • 22 · Depreciation, depletion and amortization

    total $4,169,813 · program services $2,592,792 · management and general $1,577,021

  • 23 · Insurance

    total $688,461 · program services $421,752 · management and general $266,709

  • 24a · Other expenses: MAINTENANCE AND FACILITIE

    total $6,382,720 · program services $3,596,714 · management and general $2,786,006

  • 24b · Other expenses: MATERIALS AND SUPPLIES

    total $2,619,674 · program services $1,339,464 · management and general $1,280,210

  • 24c · Other expenses: OTHER EXPENSES

    total $1,364,627 · program services $821,138 · management and general $543,489

  • 24d · Other expenses: OTHER SCHOLARSHIPS

    total $32 · management and general $32

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $786,062 · end of year $1,325,893

  • 4 · Accounts receivable

    beginning of year $2,698,893 · end of year $2,571,277

  • 8 · Inventories for sale or use

    beginning of year $603,017 · end of year $605,985

  • 9 · Prepaid expenses and deferred charges

    beginning of year $320,277 · end of year $206,663

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

    $120,903,793

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

    $75,940,945

  • 10c · Land, buildings and equipment, net

    beginning of year $42,563,522 · end of year $44,962,848

  • 11 · Investments: publicly traded securities

    beginning of year $25,287,254 · end of year $22,678,966

  • 15 · Other assets

    beginning of year $477,453 · end of year $477,453

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,499,288 · end of year $6,241,811

  • 19 · Deferred revenue

    beginning of year $1,573,004 · end of year $2,114,174

  • 20 · Tax-exempt bond liabilities

    beginning of year $15,793,519 · end of year $14,796,330

  • 24 · Unsecured notes and loans payable

    beginning of year $10,514,379 · end of year $6,919,405

  • 27 · Net assets without donor restrictions

    beginning of year $24,554,773 · end of year $27,729,262

  • 28 · Net assets with donor restrictions

    beginning of year $13,801,515 · end of year $15,028,103

Mission and programs · 2022

Mission

THE UNIVERSIDAD DEL SAGRADO CORAZON (SAGRADO) IS AN INDEPENDENT, NONPROFIT, CATHOLIC UNIVERSITY, COMMITTED TO THE EDUCATION OF THE WHOLE PERSON THROUGH STRONG FOUNDATION IN THE LIBERAL ARTS. SAGRADO IS PART OF PUERTO RICOS OLDEST PRIVATE, CONTINUING EDUCATIONAL PROJECT AND IS DEFINED BY A DEEPLY HELD MISSION THAT REFLECTS A DOUBLE COMMITMENT TO SOLIDARITY. THE FIRST PART OF THE MISSION STATES THAT WE SEEK TO EDUCATE PERSONS IN INTELLECTUAL FREEDOM AND MORAL CONSCIENCE. SAGRADO AIMS TO EDUCATE PERSONS, EACH IN HIS OR HER OWN INDIVIDUALITY AND WHOLENESS, TO DEVELOP THEIR OWN JUDGEMENT AND EXERCISE THEIR OWN ETHICAL RESPONSIBILITY. THE SECOND PART STATES THAT SAGRADO EDUCATES PERSONS WHO ARE WILLING TO PARTICIPATE IN THE CONSTRUCTION OF A MORE AUTHENTICALLY CHRISTIAN PUERTO RICAN SOCIETY, DEFINED AS A COMMUNITY OF SOLIDARITY IN JUSTICE AND PEACE. SAGRADOS ACADEMIC PROGRAMS AIM TO ACHIEVE THE MISSION OF DOUBLE SOLIDARITY WITHIN THE CONTEXT OUTLINED BY THE VISION OF THE WORLD AS THE CLASSRO

  • WE OFFER 29 UNDERGRADUATE BACHELORS DEGREES AND 9 GRADUATE DEGREE PROGRAM WITHIN 5 ACADEMIC PROGRAMS: (A) THE FERR RANGEL SCHOOL OF COMMUNICATION, (B) THE SCHOOL OF ARTS, DESIGN AND CREATIVE INDUSTRIES, (C) THE BUSINESS ADMINISTRATION SCHOOL, (D) THE SCHOOL OF HEALTH AND SCIENCES. AT THIS TIME THERE ARE 51 MINOR CONCENTRATIONS AND (E) THE GENERAL EDUCATION UNIT. ALL OF THE UNDERGRADUATE AND GRADUATE PROGRAMS HAVE BEEN APPROVED BY THE STATE LICENSING AUTHORITY THE BOARD OF POSTSECUNDARY INSTITUTIONS (IN SPANISH JUNTA DE INSTITUCIONES POSTSECUNDARIAS) AND THE UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. VARIOUS ACADEMIC PROGRAMS ALSO HAVE THEIR PROFESSIONAL ACCREDITATION. HTTPS://WWW.SAGRADO.EDU/EN/ACCREDITATIONS/.

    Expenses $28,901,160 · Revenue $31,276,649

  • SAGRADO OFFERS A CO-CURRICULAR EXPERIENCE THAT SUPPORTS THE STUDENTS CURRICULAR AND ACADEMIC PROGRAM SUCH AS: COLLABORATIVE INNOVATION CENTER (NEEUKO) IS A MULTIDISCIPLINARY SPACE THAT PROVIDES ACCESS TO DESIGN AND INNOVATION TOOLS AND SERVICES TO STUDENTS AND MEMBERS OF THE SURROUNDING COMMUNITIES. ITS FOCUS IS TO PROMOTE THE DEVELOPMENT OF IDEAS, PROJECTS AND BUSINESSES AND CONTRIBUTE TO THE AREAS OF ECONOMIC GROWTH. ELEMENTO 360 IS A STUDENT-RUN COMMUNICATION FIRM THAT PROVIDES PROFESSIONAL COMMUNICATION, MARKETING, AND PRODUCTION SERVICES TO CLIENTS SUCH AS NON- PROFIT ORGANIZATIONS, AND SMALL AND MEDIUM ENTERPRISES (PYMES). ENTREMEDIOS IS A STUDENT-RUN CONTENT-GENERATING SPACE THAT PROVIDES A HANDS-ON LEARNING EXPERIENCE FOR STUDENTS THROUGH THE PRODUCTION OF JOURNALISTIC MATERIAL TO BE PUBLISHED IN PUERTO RICOS LOCAL MEDIA AND OTHER INDEPENDENT MEDIA. SAGRADO INTERNATIONAL PROVIDES STUDENTS THE OPPORTUNITY TO STUDY ABROAD THROUGH DIFFERENT TYPES OF PROGRAMS THAT VARY IN DURATION AND CONTENT. ART GALLERY OFFERS ITS EXHIBITION SPACE TO STUDENTS, PROFESSIONAL ARTISTS, ART TEACHERS, AND EMERGING ARTISTS FROM THE COMMUNITY. STUDIO OF CREATIVE TECHNOLOGIES (STUDIO LAB) IS A LABORATORY AND DIGITAL PRODUCTION CENTER DESIGNED TO CREATE 3D ANIMATION, VISUALIZATION AND IMMERSIVE MEDIA FOR MULTIPLE USES AND PURPOSES. THE SOFIA CENTER PROVIDES STUDENTS WITH OPPORTUNITIES WITH SERVICE LEARNING AND VOLUNTEER SERVICES.

  • SAGRADO OFFERS A VARIETY OF SUPPORT SERVICES GEARED TOWARDS FACILITATION THE APPROPRIATE ACADEMIC AND PERSONAL DEVELOPMENT OF STUDENTS. THE OFFICE OF INTEGRATED ASSISTANCE OFFERS SERVICES RELATED TO STATE AND FEDERAL FINANCIAL AID PROGRAMS. INSTITUTIONAL AND PRIVATE SCHOLARSHIPS SEEK TO SUPPORT ELIGIBLE STUDENTS WHO ARE COMMITTED TO THEIR STUDIES. AMONG OTHERS, WE OFFER THE FOLLOWING INSTITUTIONAL SCHOLARSHIPS HTTPS://WWW.SAGRADO.EDU/BECAS-SAGRADO/ ATHLETIC SCHOLARSHIPS AVAILABLE TO ELIGIBLE STUDENTS WHO MEET ADMISSION STANDARDS TO COVER ALL OR PART OF THE EXPENSES ASSOCIATED WITH HIS/HER STUDIES. THE EXCEPTIONAL STUDENT FUND IS A PROGRAM BY WHICH AN INDIVIDUAL OR BUSINESS PROVIDES SUBSTANTIAL FINANCIAL SUPPORT FOR A STUDENT TO COMPLETE AN ACADEMIC PROGRAM. THE GOAL OF THIS PROGRAM IS TO SUPPORT THE ACADEMIC EXCELLENCE AND LEADERSHIP OF THOSE STUDENTS WHO HAVE SIGNIFICANT FINANCIAL NEED TO COVER THE COSTS OF THE STUDIES. THE SAGRADO ACHIEVERS PROGRAM PROVIDES FINANCIAL SUPPORT FOR SO THAT STUDENTS CAN COMPLETE THEIR UNIVERSITY STUDIES WITHIN THE TIME ESTABLISHED IN THEIR STUDY PLAN. SAGRADO NURSING ACHIEVERS PRIMARY-CARE PROGRAM PROVIDES AN EDUCATIONAL OPPORTUNITY SCHOLARSHIP TO STUDENTS WHO ARE INTERESTED IN COMPLETING A NURSING CAREER IN A FACE-TO-FACE PROGRAM AND WHO COME FROM ECONOMICALLY DISADVANTAGED BACKGROUNDS. PRIVATE SCHOLARSHIPS PROVIDES FINANCIAL SUPPORT FOR A STUDENT TO COMPLETE AN ACADEMIC PROGRAM IN A GIVEN DISCIPLINE. THE PROFESSIONAL EXPERIENCES CENTER (SAGRADO CAREERS) OFFERS SERVICES THAT CONTRIBUTE TO THE STUDENTS PROFESSIONAL DEVELOPMENT AND PLACEMENT AND INCREASE THEIR EMPLOYABILITY BY INTEGRATING RELEVANT WORK EXPERIENCES WITH ACADEMIC TRAINING. STUDENT ADVISORY SERVICES HAS A TEAM OF ADVISORS WHO SUPPORT STUDENTS TO ACHIEVE THEIR ACADEMIC AND PROFESSIONAL GOALS THROUGH EVALUATION, ANALYSIS AND THE SEARCH FOR OPPORTUNITIES FOR DEVELOPMENT. AMONG THE SERVICES AVAILABLE ARE: ACADEMIC ADVISORS, EQUITY AND ACCESSIBILITY ADVISORS AND FINANCIAL ADVISORS. SOFIA CENTER PROVIDES PSYCHO-SPIRITUAL ACCOMPANIMENT SERVICES TO STUDENTS AND CONTRIBUTES IN THE FORMATION OF LEADERS THROUGH EXPERIENCES AND PROGRAMS FOCUSED ON SOCIAL ACTION, SERVICE LEARNING, AND VOLUNTEERING, AND PROJECTS DIRECTED TO THE DIALOGUE BETWEEN THEOLOGY AND THE DIFFERENT SCIENTIFIC AND HUMANISTIC DISCIPLINES.

  • THE OFFICE OF STUDENT AFFAIRS OFFERS A VARIETY OF SERVICES THAT PROMOTE THE STUDENTS EXTRACURRICULAR ACTIVITIES THAT WE CALL STUDENT LIFE AND SERVE TO FACILITATE THE STUDENTS COMPREHENSIVE DEVELOPMENT, PERSONAL GROWTH AND THE ACHIEVEMENT OF ACADEMIC GOALS. RESIDENCES. SAGRADO HAS TWO UNIVERSITY RESIDENCES TO PROVIDE ACCOMMODATION TO STUDENTS: WOMENS RESIDENCE (WITH 177 DOUBLE ROOMS) AND MENS RESIDENCES (WITH 98 DOUBLE ROOMS). THE UNIVERSITY RESIDENCES ARE OPEN 24 HOURS A DAY, 7 DAYS A WEEK DURING EACH ACADEMIC PERIOD, EXCEPT DURING PERIODS OF ACADEMIC RECESS OR INSTITUTIONAL CLOSURES. ATHLETIC AND RECREATIONAL ACTIVITIES. SAGRADO IS A MEMBER OF PUERTO RICOS INTERUNIVERSITY ATHLETIC LEAGUE (KNOWN IN SPANISH AS LAI). THE ATHLETIC PROGRAM IS ORIENTED TO THE PROMOTION AND PARTICIPATION OF STUDENTS IN ALL SPORTS ACTIVITIES. IT IS A FUNDAMENTAL PART OF STUDENT LIFE AT SAGRADO, WHOSE OBJECTIVE IS TO CONTRIBUTE TO THE STUDENTS PHYSICAL, MENTAL, AND ACADEMIC GROWTH AND ITS INTEGRAL WELL-BEING. THE STUDENT COUNCIL. IT IS THE STUDENTS REPRESENTATIVE BODY THAT IS ELECTED BY THE STUDENTS ANNUALLY. IT ENCOURAGES AND CHANNELS THE STUDENT BODYS EFFECTIVE PARTICIPATION IN INSTITUTIONAL LIFE. STUDENTS ORGANIZATIONS. THE STUDENT BODY HAS FULL FREEDOM OF ASSOCIATION WITHIN A MUTUAL RESPECT FRAMEWORK THAT HELPS MAINTAIN A CLIMATE OF SOLIDARITY AND APPROPRIATE HUMAN RELATIONS. STUDENT ORGANIZATIONS PARTICIPATE IN ACTIVITIES THAT ARE COMPATIBLE WITH EXISTING STANDARDS.

    Expenses $1,614,240 · Grants $1,614,240

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gilberto J Marxuach Torros

    PRESIDENT

    Total calculated
    $348,100
    From this org
    $348,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $300,000
    Bonus
    not reported
    Other
    $48,100
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $348,100

  • Rosana Lopez Santos

    VP - FINANCE

    Total calculated
    $193,800
    From this org
    $193,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $133,177
    Bonus
    not reported
    Other
    $60,623
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $193,800

  • Anuchka Ramos Ruiz

    PROVOST

    Total calculated
    $129,325
    From this org
    $129,325
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Camelia C Fernandez Romeu

    VP HUMAN RES

    Total calculated
    $125,600
    From this org
    $125,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Zahira Banks Espinosa

    HUMAN RESOUR

    Total calculated
    $118,787
    From this org
    $118,787
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Miguel A Mercado Morales

    EXECUTIVE VP

    Total calculated
    $113,596
    From this org
    $113,596
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Sara E Tolosa Ramirez

    VP - DEV. &

    Total calculated
    $112,600
    From this org
    $112,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Gabriel Paizy Damiani

    DEAN SCHOOL

    Total calculated
    $106,460
    From this org
    $106,460
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Dennis R Roman Roa

    DEAN BUSINES

    Total calculated
    $106,375
    From this org
    $106,375
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Sandra Santiago Alvarado

    VP - OPERATI

    Total calculated
    $105,600
    From this org
    $105,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Miriam B Quintero Casanovas

    AUX. VP - AC

    Total calculated
    $105,600
    From this org
    $105,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Javier J Hernandez Acosta

    DEAN EADIC

    Total calculated
    $98,710
    From this org
    $98,710
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Nadjah Negron Cartagena

    DEAN - SCHOO

    Total calculated
    $97,350
    From this org
    $97,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Karla J Aguirre Astacio

    AUX. VP - EN

    Total calculated
    $92,040
    From this org
    $92,040
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Militza Maldonado Agusty

    EX DIR. PROF

    Total calculated
    $90,600
    From this org
    $90,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Kiebelle Gonzalez Santiago

    DEAN S. HEAL

    Total calculated
    $88,989
    From this org
    $88,989
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Nadesha K Gonzalez Nieves

    DEAN - GENER

    Total calculated
    $85,163
    From this org
    $85,163
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Vanessa Negron Ubinas

    VP COMM. OFF

    Total calculated
    $57,308
    From this org
    $57,308
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Raul Rosado Pagan

    CIO

    Total calculated
    $17,125
    From this org
    $17,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

  • Bernardo Bravo Acosta

    BOARD MEMBER

    Total calculated
    $0

  • Rafael Colon Colon

    GENERAL COUN

    Total calculated
    $0
    Hours/week
    40 + 40 related

  • Marisol Vega Couto

    BOARD MEMBER

    Total calculated
    $0

  • Francisco Diaz-Masso

    BOARD MEMBER

    Total calculated
    $0

  • Jorge Junquera Diez

    BOARD MEMBER

    Total calculated
    $0

  • Jaime Luis Fonalledas Ferraiuoli

    BOARD MEMBER

    Total calculated
    $0

  • Vanessa Lugo Flores

    BOARD MEMBER

    Total calculated
    $0

  • Juan Antonio Larrea French

    BOARD MEMBER

    Total calculated
    $0

  • Angel L Perez Galarza

    BOARD MEMBER

    Total calculated
    $0

  • Angel Torres Irizarry

    BOARD CHAIR

    Total calculated
    $0

  • Greetchen Diaz Muoz

    BOARD MEMBER

    Total calculated
    $0

  • Federico J Sanchez Ortiz

    BOARD MEMBER

    Total calculated
    $0

  • Carlos J Ramirez Padilla

    BOARD MEMBER

    Total calculated
    $0

  • Felix M Villamil Pagani

    BOARD MEMBER

    Total calculated
    $0

  • Ana Margarita Hernandez Perez

    BOARD MEMBER

    Total calculated
    $0

  • Ingrid Rivera Rocafort

    BOARD MEMBER

    Total calculated
    $0

  • Tere Loubriel Rosado

    BOARD SECRET

    Total calculated
    $0

  • Imma De Stefanis Rscj

    BOARD MEMBER

    Total calculated
    $0

  • Samuel Cespedes Sabater

    BOARD VICE-C

    Total calculated
    $0

  • Father Tim Howe Sj

    BOARD MEMBER

    Total calculated
    $0

  • Rafael Alvarez Sweeting

    BOARD MEMBER

    Total calculated
    $0

  • Antonio J Tejera Rocafort

    CFO

    Total calculated
    $0

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

  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4
ROSANA LOPEZ SANTOS 60,023 0 0 ZAHIRA BANKS ESPINOSA 38,750 0 0 MIGUEL A. MERCADO MORALES 52,500 0 0 KIEBELLE GONZALEZ SANTIAGO 32,269 0 0
SCHEDULE J, PAGE 1, PART I, LINE 7
THE PRESIDENT, THE VICE-PRESIDENTS, AUXILIARY VICE-PRESIDENTS AND DEANS ARE ELIGIBLE TO RECEIVE A DISCRETIONARY BONUS DEPENDING ON EACH INDIVIDUALS PERFORMANCE AND THE RESULTS OF THE UNIVERSITYS OBJECTIVES.
SCHEDULE J, PART III
THE BOARD OF TRUSTEES REVIEWS THE PRESIDENTS COMPENSATION PURSUANT TO THE UNIVERSITYS BY-LAWS. THE BOARDS INSTITUTIONAL GOVERNANCE COMMITTEE REVIEWS THE PRESIDENTS PERFORMANCE AND REPORTS ITS RECOMMENDATIONS TO THE BOARD. THE REVIEW AND DECISIONS ARE DOCUMENTED IN THE MINUTE OF THE BOARD AND ITS INSTITUTIONAL GOVERNANCE COMMITTEE.

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
22 March 2024
IRS schema version
2022v5.0
Source object
202400829349300655

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.