2023-05-15T16:35:06-05:00 2022-06-30 660830970 KRESTON PR LLC 1509 FD ROOSEVELT SUITE 303 GUAYNABO PR 00968 990 2021-07-01 660191965 PONTIFICAL CATHOLIC UNIVERSITY OF PUERTO RICO PONT 7876512000 2250 BLVD LUIS A FERRE SUITE 523 PONCE PR 007179997 JOSE A FRONTERA AGENJO VICE PRESIDENT OF FINANCE 7876512000 2023-05-12 true JOSE FRONTERA AGENJO FRANK SANCHEZ RUIZ P02478685 7876414611 2023-05-15 2021 2023-04-26 12:10:37Z JORGE IVAN VELEZ AROCHO 2250 BLVD LUIS A FERRE SUITE 523 PONCE PR 007179997 116088962 false 0928 X WWW.PUCPR.EDU X 1948 PR The Pontifical Catholic University of Puerto Rico as an university and catholic institute, has the mission to celebrate and promote the life and (Continued on Schedule O). 20 20 1187 0 28908581 32567622 55424388 61717712 12936743 -9720584 0 97269712 84564750 0 0 42822825 38159119 0 0 18452134 45963939 61274959 84123058 35994753 441692 161066580 162858216 24950284 26300228 136116296 136557988 The university accomplished their mission through a dynamic educational experience, critical and creative, surrounded by Christian friendship and committed to find the answers and solutions to the challenges of the culture, the Caribbean, global and Puerto Rican reality. false false 59971318 60413010 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: Provide students 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. 24151740 24151740 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. 84123058 true false false false false false false false false true true false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 1187 true false false false false false false false false false false X 20 20 false false false false false false false true true false false false true true true false true false false false X THE ORGANIZATION 7876512000 2250 BLVD LUIS A FERRE SUITE 523 PONCE PR 007179997 JOSE A FRONTERA AGENJO VICE PRESIDENT OF FINANCE 40 X 143282 0 0 LUIS V BADILLO LOZANO DEAN ARCHITECTURE SCHOOL 40 X 132882 0 0 JORGE I VELEZ AROCHO PRESIDENT 40 X X 129491 0 0 LILLIAN VELAZQUEZ ZAMORA BUSINESS ADM GRADUATE DIRECTOR 40 X 108262 0 0 FERNANDO MORENO ORAMA DEAN LAW SCHOOL 40 X 116812 0 0 P OBISPO RUBEN GONZALEZ MEDINA VICE PRESIDENT 5 X X 85852 0 0 MONS ANGEL LUIS RIOS MATOS BOARD PRESIDENT 1 X 0 0 0 MONS EUSEBIO RAMOS MORALES PRESIDENT ACADEMIC AFFAIRS 1 X 0 0 0 MONS ROBERTO GONZALEZ NIEVES BOARD MEMBER 1 X 0 0 0 ALBERTO A FIGUEROA MORALES BOARD MEMBER 1 X 0 0 0 HECTOR JIMENEZ JUARBE BOARD MEMBER 1 X 0 0 0 HECTOR REICHARD BOARD MEMBER 1 X 0 0 0 FERMIN CONTRERAS GOMEZ BOARD MEMBER 1 X 0 0 0 EDNA I JIMENEZ PRESIDENT FINANCE COMMITTEE 1 X 0 0 0 JOSE M RAMIREZ TIO BOARD MEMBER 1 X 0 0 0 SORAYA M SESTO PRESIDENT AUDIT COMMITTEE 1 X 0 0 0 ENID TORO DE BAEZ BOARD MEMBER 1 X 0 0 0 GUSTAVO ALMODOVAR ALMODOVAR BOARD MEMBER 1 X 0 0 0 JEANNETTE VECCHINI LUGO BOARD MEMBER 1 X 0 0 0 LUIS FRANCISCO MIRANDA RIVERA BOARD MEMBER 1 X 0 0 0 JOSE JUAN SANTIAGO MARRERO PRESIDENT INVESTMENT COMMITTEE 1 X 0 0 0 ROXANA TORRES LANAUSE STUDENT REPRENSENTATIVE 1 X 0 0 0 MONS ALVARO CORRADA DEL RIO BOARD MEMBER 1 X 0 0 0 ELSIE RUIZ SANTANA FACULTY REPRESENTATIVE 1 X 0 0 0 716581 5 false false false ST JAMES SECURITY SERVICES CARIBE 1604 AVE PONCE DE LEON SAN JUAN PR 00926 SECURITY 939121 SCOTT M FAVRE PUBLIC ADJUSTER LLC VIG PLAZA 1215 PONCE DE LEON 301 SAN JUAN PR 009070073 CONSULTING 901235 RISK MANAGEMENT UNION PLAZA 416 AVE PONCE DE LEON SAN JUAN PR 00918 COLLECTION 756000 AIREKO CONSTRUCTION MANAGEMENT INDUSTRIAL PARK NORTH LOT 20 CAGUAS PR 00725 CONSTRUCTION 657114 GOTAY CONSTRUCTION CORP PO BOX 8525 PONCE PR 00732 CONSTRUCTION 503297 24 32216339 351283 32567622 TUITION AND FEES 611310 48568846 48568846 OTHER SOURCES 611710 13148866 13148866 61717712 2261543 2261543 19542085 31520882 3330 -11978797 -3330 -11982127 -11982127 84564750 63979255 -11982127 X 716581 716581 32735003 32735003 -150378 -150378 4857913 4857913 6375079 6375079 491015 491015 816574 816574 1729946 1729946 99734 99734 33669 33669 5481367 5481367 1636696 1636696 EQUIPMENT REPAIR AND MAINTENANCE 898330 898330 UTILITIES AND TELEPHONE 4124778 4124778 STUDENT AID 22087682 22087682 OTHER MISCELLANEOUS 471465 471465 1717604 1717604 84123058 84123058 0 0 23470143 32363289 9626534 1624801 4305054 3502840 97748 87517 3260147 2484578 173002504 107573575 59402883 65428929 60902342 54413010 1729 2953252 161066580 162858216 9013511 10325670 15936773 15974558 24950284 26300228 X 129206034 129665955 6910262 6892033 136116296 136557988 161066580 162858216 441692 X false true X true true true X 0 0 0 0 false false false 6910292 -18259 6892033 6754014 156248 6910262 1748998 5000000 5016 6754014 472944 1433270 -1506 155710 1748998 586410 18413 131879 472944 0.26 0.74 false false false 3694776 3694776 55584687 21851838 33732849 37948599 28761327 9187272 69324239 56960410 12363829 6450203 6450203 65428929 DEPOSIT HELD IN CUSTODY FOR OTHERS 349708 OBLIGATIONS UNDER CAPITAL LEASES 164596 REFUNDABLE GOVERNMENTAL LOAN FUNDS 5345826 LIABILITY FOR PENSION BENEFITS 10114428 15974558 84564750 84564750 84564750 84023128 84023128 84023128 PART XIII Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipilations and must be maintained permanently by the University. Generally the donors of theses assets permit the University to use all or partof 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. 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 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. true true true true true true true false false false false false false false false true false true SCHEDULE E - LINE 6 The University received during the year 2021-22 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. 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. FORM 990 - SUPPLEMENTAL INFORMATION Part 1 Summary, Line 1 - (Continuation) of the human person and educate, accorging to Gospel values, in the disciplines of the current scientific knowledge, to build a better local and global world.