PONTIFICAL CATHOLIC UNIVERSITY OF PUERTO RICO: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PONTIFICAL CATHOLIC UNIVERSITY OF PUERTO RICO (EIN 66-0191965)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202411369349310526
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T14:52:48-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRESTON PR LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1509 FD ROOSEVELT AVENUE SUITE 303 | AddressLine1Txt |
| City | GUAYNABO | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 00968 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660191965 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PONTIFICAL CATHOLIC UNIVERSITY OF PUERTO RICO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PONT | BusinessNameControlTxt |
| Phone | 7876512000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2250 BLVD LUIS A FERRE SUITE 523 | AddressLine1Txt |
| City | PONCE | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 007179997 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSE A FRONTERA AGENJO | PersonNm |
| Person Title | VICE PRESIDENT OF FINANCE | PersonTitleTxt |
| Phone | 7876512000 | PhoneNum |
| Signature | 2024-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSE | PersonFirstNm |
| Person Last | FRONTERA AGENJO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK SANCHEZ RUIZ | PreparerPersonNm |
| PTIN | P02478685 | PTIN |
| Phone | 7876414611 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JORGE IVAN VELEZ AROCHO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $81,484,578 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PUCPR.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1948 | FormationYr |
| Legal Domicile State | PR | LegalDomicileStateCd |
| Activity Or Mission | The Pontifical Catholic University of Puerto Rico as an university and catholic institute, has the mission to celebrate and promote the life and of the human person and educate, according to Gospel | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 1280 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $32,567,622 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,348,192 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $61,717,712 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $55,199,103 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$9,720,584 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,675,394 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $84,564,750 | PYTotalRevenueAmt |
| CY Total Revenue | $81,222,689 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $38,159,119 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $41,593,895 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $45,963,939 | PYOtherExpensesAmt |
| CY Other Expenses | $22,527,382 | CYOtherExpensesAmt |
| PY Total Expenses | $84,123,058 | PYTotalExpensesAmt |
| CY Total Expenses | $64,121,277 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $441,692 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $17,101,412 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $162,858,216 | TotalAssetsBOYAmt |
| Total Assets EOY | $175,289,999 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $26,300,228 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,630,599 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $136,557,988 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $153,659,400 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The university accomplished their mission through a dynamic educational experience, critical and creative, sorrounded by Christian friendship and comitted to find the answers and solutions to the challenge of the culture, the Caribbean, global and Puerto Rican reality. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $59,153,182 | ExpenseAmt |
| Revenue | $76,254,594 | RevenueAmt |
| Desc | Postsecondary Education - The Pontifical Catholic University of Puerto Rico is an institution of higher education. Its main purpose is to serve Puerto Rico as a university and Catholic Institution. The University aims among other things: Providestudents with the opportunity to acquire a Humanistic-Christian formation that will guarantee their presence in society as conscious members of human values in the light of the mystery of Christ. Contribute to the Christian education of leaders in different professions in accordance with the belief of the Roman Catholic Church. Serve all believers in Puerto Rico by being an effective help in schools, colleges, seminaries and cultural centers. To serve as guide of Catholic culture in this country. Contribute to the preparation of professionals in the field of education to help enrich our education system. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,968,095 | ExpenseAmt |
| Revenue | $4,968,095 | RevenueAmt |
| Desc | Scholarship Programs: To provide the students with special grant-awards like: Athletics awards, Parroquial awards, Cooperative teachers, extended fees, Honor students, Fatima Brother, Chorus, Religious teaching, Seminary students, Theater, Workshop, Adopted schools and various other projects. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $64,121,277 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1280 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7876512000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2250 BLVD LUIS A FERRE SUITE 523 | AddressLine1Txt |
| City | PONCE | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 00717 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JOSE A FRONTERA AGENJO | ||||||
| VICE PRESIDENT OF FINANCE | 40 | Yes (X) | $149,232 | $0 | $0 | |
| LUIS V BADILLO LOZANO | ||||||
| DEAN ARCHITECTURE SCHOOL | 40 | Yes (X) | $134,682 | $0 | $0 | |
| JORGE I VELEZ AROCHO | ||||||
| PRESIDENT | 40 | Yes (X) | $130,991 | $0 | $0 | Yes (X) |
| LILLIAM VELAZQUEZ ZAMORA | ||||||
| BUSINESS ADM GRADUATE DIRECTOR | 40 | Yes (X) | $111,468 | $0 | $0 | |
| FERNANDO MORENO ORAMA | ||||||
| DEAN LAW SCHOOL | 40 | Yes (X) | $120,462 | $0 | $0 | |
| P OBISPO RUBEN GONZALEZ MEDINA | ||||||
| VICE PRESIDENT | 5 | Yes (X) | $87,352 | $0 | $0 | Yes (X) |
| MONS ANGEL LUIS RIOS MATOS | ||||||
| BOARD PRESIDENT | 1 | $0 | $0 | $0 | Yes (X) | |
| MONS ALBERTO FIGUEROA MORALES | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| MONS ROBERTO GONZALEZ NIEVES | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| MONS EUSEBIO RAMOS MORALES | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| MONS LUIS F MIRANDA RIVERA | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| LCDO HECTOR REICHARD | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| EDNA I JIMENEZ | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| CPA JUAN JOSE SANTIAGO MARRERO | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| SORAYA M SESTO | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| LCDO FERMIN CONTRERAS GOMEZ | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| ENID TORO DE BAEZ | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| GUSTAVO A ALMODOVAR ALMODOVAR | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| LCDA JEANNETTE VECCHINI LUGO | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| ING ROXANA TORRES LANAUSE | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| PROF ELSIE RUIZ SANTANA | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| LCDO HECTOR JIMENEZ JUERBE | ||||||
| BOARD MEMBER | 1 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $734,187 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AIREKO CONSTRUCTION MANAGEMENT | |||||
| INDUSTRIAL PARK NORTH LOT | CAGUAS | PR | 00725 | CONSTRUCTION | $1,533,306 |
| JM CARIBBEAN BUILDERS | |||||
| PMB 958 PO BOX 2500 | TOA BAJA | PR | 00951 | CONTRUCTION | $1,306,002 |
| GOTAY CONSTRUCTION CORP | |||||
| PO BOX 8525 | PONCE | PR | 00732 | CONSTRUCTION | $1,048,610 |
| ST JAMES SECURITY SERVICE | |||||
| URB CARIBE 1604 AE PONCE DE LEON | SAN JUAN | PR | 00926 | SECURITY SERVICE | $818,502 |
| SERRALLES CONSTRUCTION CORP | |||||
| PO BOX 801072 | COTO LAUREL | PR | 00780 | CONSTRUCTION | $776,262 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 23 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $19,010,780 | GovernmentGrantsAmt |
| All Other Contributions | $337,412 | AllOtherContributionsAmt |
| Total Contributions | $19,348,192 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $50,205,566 | $50,205,566 |
| OTHER SOURCES | 611710 | $4,993,537 | $4,993,537 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $55,199,103 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,930,960 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,930,960 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,006,323 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $261,645 | SecuritiesAmt |
| Other | $244 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,744,678 | SecuritiesAmt |
| Other | -$244 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,744,434 | TotalRevenueColumnAmt |
| Exclusion | $4,744,678 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $81,222,689 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57,130,063 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,744,678 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,187 | TotalAmt |
| Program Services | $734,187 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,972,249 | TotalAmt |
| Program Services | $33,972,249 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,819,690 | TotalAmt |
| Program Services | $1,819,690 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,067,769 | TotalAmt |
| Program Services | $5,067,769 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,569,435 | TotalAmt |
| Program Services | $6,569,435 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $824,148 | TotalAmt |
| Program Services | $824,148 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $980,243 | TotalAmt |
| Program Services | $980,243 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,793,599 | TotalAmt |
| Program Services | $1,793,599 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,703 | TotalAmt |
| Program Services | $205,703 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,694 | TotalAmt |
| Program Services | $18,694 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,458,253 | TotalAmt |
| Program Services | $6,458,253 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,119,406 | TotalAmt |
| Program Services | $2,119,406 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| EQUIPMENT REPAIR AND MAINTENANCE | $750,805 | $750,805 |
| UTILITIES AND TELEPHONE | $4,742,636 | $4,742,636 |
| STUDENT AID | $1,689,014 | $1,689,014 |
| OTHER MISCELLANEOUS | $1,358,737 | $1,358,737 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$4,983,291 | TotalAmt |
| Program Services | -$4,983,291 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,121,277 | TotalAmt |
| Program Services | $64,121,277 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,363,289 | BOYAmt |
| EOY | $29,008,808 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,624,801 | BOYAmt |
| EOY | $2,075,037 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,502,840 | BOYAmt |
| EOY | $1,893,162 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,517 | BOYAmt |
| EOY | $76,955 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,484,578 | BOYAmt |
| EOY | $2,779,141 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $192,313,016 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $113,968,434 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,428,929 | BOYAmt |
| EOY | $78,344,582 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,413,010 | BOYAmt |
| EOY | $60,764,603 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,953,252 | BOYAmt |
| EOY | $347,711 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,858,216 | BOYAmt |
| EOY | $175,289,999 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,325,670 | BOYAmt |
| EOY | $10,931,711 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,974,558 | BOYAmt |
| EOY | $10,698,888 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,300,228 | BOYAmt |
| EOY | $21,630,599 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,665,955 | BOYAmt |
| EOY | $146,754,599 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,892,033 | BOYAmt |
| EOY | $6,904,801 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,557,988 | BOYAmt |
| EOY | $153,659,400 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,858,216 | BOYAmt |
| EOY | $175,289,999 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $17,101,412 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Public Support PY509 | 0 | PublicSupportPY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
| Investment Income PY | 0 | InvestmentIncomePYPct |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,892,033 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $12,768 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,904,801 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,910,292 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$18,259 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,892,033 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,754,014 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $156,248 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,910,262 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,748,998 | BeginningYearBalanceAmt |
| Contributions | $5,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,016 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,754,014 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $472,944 | BeginningYearBalanceAmt |
| Contributions | $1,433,270 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,506 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $155,710 | GrantsOrScholarshipsAmt |
| End Year Balance | $1,748,998 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.26 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.74 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,694,776 | InvestmentCostOrOtherBasisAmt |
| Book Value | $3,694,776 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $58,787,349 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $23,218,228 | DepreciationAmt |
| Book Value | $35,569,121 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $40,883,509 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $30,259,384 | DepreciationAmt |
| Book Value | $10,624,125 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $73,887,722 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $60,490,822 | DepreciationAmt |
| Book Value | $13,396,900 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $15,059,660 | InvestmentCostOrOtherBasisAmt |
| Book Value | $15,059,660 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $78,344,582 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSIT HELD IN CUSTODY FOR OTHERS | $330,777 |
| OBLIGATIONS UNDER CAPITAL LEASES | $64,563 |
| REFUNDABLE GOVERNMENTAL LOAN FUNDS | $3,207,557 |
| LIABILITY FOR PENSION BENEFITS | $6,748,399 |
| OPERATING LEASE LIABILITY | $347,592 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,698,888 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $81,222,689 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $81,222,689 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $81,222,689 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $64,121,277 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $64,121,277 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $64,121,277 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4 | Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipulations and must be maintained permanently by the University. Generally the donors of theses assets allows the University to use all or part of the income earned on related investments for general or specific purposes. Temporarily Restricted Net Assets are subject to donor-imposed stipulations and may or will meet either actions of the University and/or passage of time. |
| PART X, LINE 2 | Schedule D, Part X, Line 2 - On July 2009 the University adopted FASB Interpretation (FIN) No. 48, Accounting for Uncertainty in Income Taxes (ASC 740-10-50-15), which clarifies the accounting for uncertainty in income taxes recognized in a company s financial statements in accordance with FASB ASC 740. FIN No.48 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The interpretation also provides guidence on the recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The adoption of ASC 740-10-50-15 did not have any effect on the University sfinancial position or changes in net assets. |
| PART XIII | Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipulations and must be maintained permanently by the University. Generally the donors of theses assets allows the University to use all or part of the income earned on related investments for general or specific purposes. Temporarily Restricted Net Assets are subject to donor-imposed stipulations and may or will meet either actions of the University and/or passage of time. PART X, LINE 2 - Schedule D, Part X, Line 2 - On July 2009 the University adopted FASB Interpretation (FIN) No. 48, Accounting for uncertainty in income taxes (ASC 740-10-50-15), which clarifies the accounting for uncertainty in income taxes recognized in a company s financial statements in accordance with FASB ASC 740. FIN No.48 prescribes a recognition treshold and measurement attribute for the financial statement recognition and measurement for a tax position taken or expected to be taken in a tax return. The interpretation also provides guidence on the recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The adoption of ASC 740-10-50-15 did not have any effect on the University s financial position or changes in net assets. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E - LINE 6 | The University received during the year 2022-23 Federal Funds from the following governmental agencies: US Deparment of Education, US Deparment of Health and Human Services, USA Deparment of Agriculture and the National Highway Traffic Safety Administration The financial aid has provided curriculum enhancement, infrastructure improvement, student scholarships and stipends, professional development and community support. Through this assistance the Institution had the recourse to empower and support student retention and fulfill our mission. |
| PART II | Schedule E, Part 1, Line 3 - The Pontifical Catholic University of Puerto Rico is an educational community in which they hold the ideas of free inquiry, thought, expression and personal freedom. The exercise and preservation of the freedoms and rights require respect for the rights of all members of the community so that everyone can enjoy the same degree. According to these, its racially nondiscriminatory policy is publicized on new student s admission forms and the university catalogues. Also through its Catholic Radio Station. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IX, LINE 11g | Part 1 Summary, Line 1 - (Continuation) according to Gospel values, in the disciplines of the current scientific knowledge, to build a better local and global world. Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipulations and must be maintained permanently by the University. Generally the donors of these assets allows the University to use all or part of the income earned on related investments for general or specific purposes. Temporarily Restricted Net Assets are subject to donor-imposed stipulations and may or will meet either actions of the University and/or passage of time. PART X, LINE 2 - Schedule D, Part X, Line 2 - On July 2009 the University adopted FASB Interpretation (FIN) No. 48, Accounting for uncertainty in income taxes (ASC 740-10-50-15), which clarifies the accounting for uncertainty in income taxes recognized in a company s financial statements in accordance with FASB ASC 740. FIN No.48 prescribes a recognition treshold and measurement attribute for the financial statement recognition and measurement for a tax position taken or expected to be taken in a tax return. The interpretation also provides guidence on the recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The adoption of ASC 740-10-50-15 did not have any effect on the University s financial position or changes in net assets. PART IX, LINE 11g - Expenses related in conection with payment to independent contractors, including but not limited to: legal, professional, advisory, security, technology, maintenance and repairs, construction and other type of services. |
| PART IX, LINE 24e | Change in liability for pension benefit |
| PART VI, SECTION B, LINE 12c | The nominees for any position within the institution and when is recruiting are evaluated thoroughly. On their meetings, the Board has been and is attentive to any situation that might be a conflict of interest among its members and the institution. Similarly supervisors observe the implementation of the conflict of interest policy and are responsible for alerting any situations that arises. |
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