EDP UNIVERSITY OF PUERTO RICO INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- EDP UNIVERSITY OF PUERTO RICO INC (EIN 66-0277132)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202241339349309509
- Schema version
- 2020v4.0
- 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 | 2022-05-13T16:48:53-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 660714530 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY PUERTO RICO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 366202 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009366202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660277132 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDP UNIVERSITY OF PUERTO RICO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDPU | BusinessNameControlTxt |
| Phone | 7877653560 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 192303 | AddressLine1Txt |
| City | SAN JUAN | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 009192303 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ING GLADYS T NIEVES VAZQUEZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7877653560 | PhoneNum |
| Signature | 2022-05-13 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GLADYS | PersonFirstNm |
| Person Last | NIEVES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSE RODRIGUEZ | PreparerPersonNm |
| PTIN | P01442998 | PTIN |
| Phone | 7876228855 | PhoneNum |
| Preparation | 2022-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ING GLADYS T NIEVES VAZQUEZ | PrincipalOfficerNm |
| Gross Receipts | $28,833,873 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.EDPUNIVERSITY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | PR | LegalDomicileStateCd |
| Activity Or Mission | TO OFFER GRADUATE AND UNDERGRADUATE ACADEMIC PROGRAMS THAT PROMOTE ACTIVE LEARNING AND THE INTEGRAL DEVELOPMENT OF STUDENTS, AS THEY ARE THE CENTER OF THE EDCUCATIONAL PROCESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 438 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,291,902 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,050,209 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,613,372 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $26,217,848 | CYProgramServiceRevenueAmt |
| PY Investment Income | $35,608 | PYInvestmentIncomeAmt |
| CY Investment Income | $93,415 | CYInvestmentIncomeAmt |
| PY Other Revenue | $733,877 | PYOtherRevenueAmt |
| CY Other Revenue | $472,401 | CYOtherRevenueAmt |
| PY Total Revenue | $28,674,759 | PYTotalRevenueAmt |
| CY Total Revenue | $28,833,873 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,484,364 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,648,536 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,756,951 | PYOtherExpensesAmt |
| CY Other Expenses | $14,669,518 | CYOtherExpensesAmt |
| PY Total Expenses | $26,241,315 | PYTotalExpensesAmt |
| CY Total Expenses | $26,318,054 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,433,444 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,515,819 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $23,961,239 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,458,514 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,407,887 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,389,343 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,553,352 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,069,171 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO OFFER GRADUATE AND UNDERGRADUATE ACADEMIC PROGRAMS THAT PROMOTE ACTIVE LEARNING AND THE INTEGRAL DEVELOPMENT OF STUDENTS, AS THEY ARE THE CENTER OF THE EDUCATIONAL PROCESS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $14,803,185 | ExpenseAmt |
| Revenue | $28,833,873 | RevenueAmt |
| Desc | DURING THE YEAR ENDED JUNE 30, 2021, THE INSTITUTION PROVIDED TECHNOLOGICAL AND SOCIO HUMANISTIC HIGHER EDUCATIONAL SERVICES TO OVER 2,800 STUDENTS. THERE WERE SEVERAL PROJECTS THAT SERVED FIRST YEAR STUDENTS ON THEIR PERSONAL DEVELOPMENT CURRICULUM INTEGRATION AND COUNSELING. | Desc |
| Total Program Service Expenses | $14,803,185 | 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 | false | 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 | Yes (true) | 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 | 438 | 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 |
| 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 | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE FINANCE DEPT OF EDP UNIVERSITY | PersonNm |
| Phone | 7877653560 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 560 PONCE DE LEON AVENUE | AddressLine1Txt |
| City | HATO REY | CityNm |
| State Abbreviation | PR | StateAbbreviationCd |
| ZIP | 00918 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CPA RAFAEL DEL VALLE | |||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CPA LUIS F CRUZ | |||||||
| TREASURY & V | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LCDO JOSE A ALVARADO VAZQUEZ | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR JAN J COT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ING HECTOR RAMOS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR ALVIN CARDONA RIVERA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS GLADYS B NIEVES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MS SACHA DELGADO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DRA ROSA CASTRO AVILA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LCDA GRYMARYS DE JESUS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MRS ADA H JIMENEZ ZUBRZYCKI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LCDA SYLMA COLLAZO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MR MARC ZUBRZYCKI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ING GLADYS T NIEVES VAZQUEZ | |||||||
| PRESIDENT | 40.00 | $150,000 | $0 | $0 | Yes (X) | ||
| DRA MARILYN PASTRANA MURIEL | |||||||
| VICE-PRESIDE | 40.00 | $120,000 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $270,000 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 2 | 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 | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ANTHOLOGY INC | ||||||
| DEPT 9908 | PO BOX 850001 | ORLANDO | FL | 32885 | CONSULTING | $588,195 |
| OMEGA INVESTIGATION SERVICES CORP | ||||||
| PO BOX 345 | SAINT JUST | PR | 00978 | SECURITY | $501,107 | |
| HERNANDEZ BUILDING MANAGEMENT | ||||||
| PO BOX 3788 | BAYAMON | PR | 00958 | SERVICES | $201,600 | |
| MANRESA COMPANY INC | ||||||
| 8015 NW 8 ST A-205 | MIAMI | FL | 33126 | CONSULTING | $126,000 | |
| ISMAEL HERNANDEZ PASTRANA | ||||||
| CALLE ALMENDRO BUZON 139 | SAN LORENZO VALLEY | SAN LORENZO | PR | 00754 | CONTRACTOR | $123,352 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,050,209 | GovernmentGrantsAmt |
| Total Contributions | $2,050,209 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Total Revenue Column | $26,217,848 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,217,848 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $26,217,848 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $93,415 | TotalRevenueColumnAmt |
| Exclusion | $93,415 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| OTHER REVENUE, NET | $394,144 | $394,144 |
| EDU SUPPORT SERV AND ACT | $78,257 | $78,257 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $472,401 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,833,873 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,690,249 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $93,415 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,000 | TotalAmt |
| Program Services | $67,500 | ProgramServicesAmt |
| Management And General | $202,500 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,261,338 | TotalAmt |
| Program Services | $6,478,835 | ProgramServicesAmt |
| Management And General | $2,782,503 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,894 | TotalAmt |
| Program Services | $44,191 | ProgramServicesAmt |
| Management And General | $39,703 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,127,637 | TotalAmt |
| Program Services | $701,066 | ProgramServicesAmt |
| Management And General | $426,571 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $905,667 | TotalAmt |
| Program Services | $626,501 | ProgramServicesAmt |
| Management And General | $279,166 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,395,134 | TotalAmt |
| Program Services | $2,993,441 | ProgramServicesAmt |
| Management And General | $1,401,693 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,443 | TotalAmt |
| Program Services | $9,250 | ProgramServicesAmt |
| Management And General | $103,193 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,500 | TotalAmt |
| Management And General | $32,500 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,190,421 | TotalAmt |
| Program Services | $2,178,613 | ProgramServicesAmt |
| Management And General | $11,808 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290,290 | TotalAmt |
| Program Services | $235,904 | ProgramServicesAmt |
| Management And General | $54,386 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,722 | TotalAmt |
| Program Services | $130,484 | ProgramServicesAmt |
| Management And General | $83,238 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,212,453 | TotalAmt |
| Program Services | $85,992 | ProgramServicesAmt |
| Management And General | $1,126,461 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,444 | TotalAmt |
| Program Services | $68,787 | ProgramServicesAmt |
| Management And General | $48,657 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,857 | TotalAmt |
| Program Services | $13,114 | ProgramServicesAmt |
| Management And General | $133,743 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,172 | TotalAmt |
| Management And General | $78,172 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,166,816 | TotalAmt |
| Management And General | $1,166,816 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,083 | TotalAmt |
| Program Services | $32,307 | ProgramServicesAmt |
| Management And General | $155,776 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| OTHER EXPENSES | $2,473,887 | $551,650 | $1,922,237 |
| PROVISION FOR BAD DEBTS | $771,451 | $771,451 | |
| UTILITIES AND TELEPHONE | $664,183 | $65,198 | $598,985 |
| EDUCATIONAL EXPENSES | $520,529 | $425,219 | $95,310 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,133 | TotalAmt |
| Program Services | $95,133 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,318,054 | TotalAmt |
| Program Services | $14,803,185 | ProgramServicesAmt |
| Management And General | $11,514,869 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,850 | BOYAmt |
| EOY | $11,350 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,364,056 | BOYAmt |
| EOY | $7,339,649 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,983,486 | BOYAmt |
| EOY | $9,187,748 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,920 | BOYAmt |
| EOY | $232,854 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $18,448,044 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,585,828 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,150,437 | BOYAmt |
| EOY | $7,862,216 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $815,935 | BOYAmt |
| EOY | $1,422,942 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,699 | BOYAmt |
| EOY | $374,355 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,856 | BOYAmt |
| EOY | $27,400 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,961,239 | BOYAmt |
| EOY | $26,458,514 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,830,023 | BOYAmt |
| EOY | $1,596,639 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,800,346 | BOYAmt |
| EOY | $3,447,609 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,777,518 | BOYAmt |
| EOY | $3,345,095 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,407,887 | BOYAmt |
| EOY | $8,389,343 | 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 | $15,553,352 | BOYAmt |
| EOY | $18,069,171 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,553,352 | BOYAmt |
| EOY | $18,069,171 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,961,239 | BOYAmt |
| EOY | $26,458,514 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,515,819 | 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 |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $132,663 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | -$7,137 | AdministrativeExpensesAmt |
| End Year Balance | $1,125,526 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,443,216 | OtherCostOrOtherBasisAmt |
| Depreciation | $604,385 | DepreciationAmt |
| Book Value | $2,838,831 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,559,477 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,002,745 | DepreciationAmt |
| Book Value | $1,556,732 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,065,548 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,899,319 | DepreciationAmt |
| Book Value | $1,166,229 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,379,803 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,079,379 | DepreciationAmt |
| Book Value | $2,300,424 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,862,216 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $28,833,873 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $28,833,873 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $28,833,873 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,318,054 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $26,318,054 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $26,318,054 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | BOOK / TAX DEPRECIATION DIFFERENCE 1,166,816 |
| SCHEDULE D, PAGE 4, PART XIII | DURING THE FISCAL YEAR 2021, THE BOARD OF TRUSTEES CREATED AN ENDOWMENT FUND TO PROVIDE SCHOLARSHIP AND GRANTS TO "FUNDACIN UNIVERSITARIA ANIBAL NIEVES NIEVES- AND TO PROVIDE SHCOLARSHIP. |
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 | false | 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 (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | IT WAS INCLUDED IN THE CATALOG DELIVERED TO THE STUDENTS AND PUBLISHED IN THE ORGANIZATION WEBSITE. |
| SCHEDULE E, LINE 4 | THERE WERE NO CONTRIBUTIONS REQUESTED DURING FISCAL YEAR. |
| SCHEDULE E, LINE 6 | SCHEDULE E ADDITIONAL INFORMATION |
| SCHEDULE E | SCH E - FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION FOR THE YEAR ENDED JUNE 30, 2021, THE INSTITUTION RECEIVED FROM THE DEPARTMENT OF EDUCATION EMERGENCY ASSITANCE GRANTS FOR THE AMOUNT OF 3,837 AND 423,437 FROM A PROGRAM DEDICATED TO PROMOTE POSTBACCALAUREATE OPPORTUNITIES FOR HISPANIC AMERICANS. IN ADDITION, RECEIVED FROM THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT HIGHER EDUCATION EMERGENCY RELIEF FUNDS IN THE AMOUNT OF 1,432,719. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEE PART V SUPPLEMENTAL INFORMATIO | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | TO COMPLETE PART IV: BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF INTERESTED PERSON: NIEVES ESTATE PROPERTIES, INC. (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: ENTITY MORE THAN 35% OWNED BY GLADYS T. VAZQUEZ-FORMER CHAIR OF THE BOARD OF TRUSTEES. (C) AMOUNT OF TRANSACTION: 681,644 (D) DESCRIPTION OF TRANSACTION: RENTAL OF REAL PROPERTY (E) SHARING OF ORGANIZATION'S REVENUES? NO TO COMPLETE PART IV: BUSINESS TRANSCTIONS INVOLVING INTERESTED PERSONS (A) NAME OF INTERESTED PERSON: SNOW VALLEY INVESTMENTS, INC. (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: ENTITY MORE THAN 35% OWNED BY GLADYS T. NIEVES (C) AMOUNT OF TRANSACTION: 135,700 (D) DESCRIPTION OF TRANSACTION: RENTAL OF REAL PROPERTY (E) SHARING OF ORGANIZATION'S REVENUE? NO TO COMPLETE PART IV: BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF INTERESTED PERSON: SANND CORPORATION (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: ENTITY MORE THAN 35% OWNED BY GLADYS T. VAZQUEZ-FORMER CHAIR OF THE BOARD OF TRUSTEES (C) AMOUNT OF TRANSACTION: 51,131 (D) DESCRIPTION OF TRANSACTION: RENTAL OF REAL PROPERTY (E) SHARING OF ORGANIZATION'S REVENUES? NO | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 2 | GLADYS B. NIEVES VAZQUEZ FAMILY GLADYS T. NIEVEZ VAZQUEZ FAMILY GLADYS T. VAZQUEZ FAMILY |
| FORM 990, PAGE 6, PART VI, LINE 11B | WHEN THE FORM 990 IS READY FOR REVIEW, THE BOARD OF TRUSTEES DISCUSSED IT WITH THE PRESIDENT OF THE INSTITUTION AND THE VICE PRESIDENT OF FINANCE. ONCE IT'S DISCUSSION IS COMPLETED AND ALL THE POINTS CLEARED, THE RETURN IS AUTHORIZED TO BE FILED WITH THE IRS. IN ADDITION, THE RETURN IS ALSO REVIEWED BY THE TREASURER OF THE INSTITUTION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE MEMBERS OF THE BOARD OF TRUSTEES HAVE A COPY OF THE CONFLICT OF INTEREST POLICY AND RECEIVED ANNUAL ORIENTATION OF THE EVENTS THAY COULD REPRESENT A CONFLICT OF INTEREST. BESIDES, THERE IS AN ANNUAL CONFLICT OF INTEREST CERTIFICATION SIGNED BY EACH MEMBER OF THE BOARD OF TRUSTEES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | ALL SALARIES AND BENEFITS FOR SENIOR MANAGEMENT POSITIONS ARE EVALUATED BY AN EXTERNAL CONSULTANT HIRED BY THE INSTITUION.THE EVALUATION REPORT INCLUDED AN ANALYSIS OF JOB DESCRIPTIONS AND SALARY RANGES BETWEEN CATEGORIES IN COMPARISON WITH THE LOCAL MARKET. WHEN A MANAGERIAL POSITION IS HIRED, THESE PREDETERMINED COMPENSATION AND BENEFITS RANGES ARE USED AND COMPARED TO CURRENT MARKET. ONLY THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION OF THE PRESIDENT OF THE INSTITUTION BASED ON THE BEFORE MENTIONED EVALUATION, OR ANY OTHER INDEPENDENT ANALYSIS THAT THEY DEEM NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE INSTITUTION HIRES AN EXTERNAL CONSULTANT TO PERFORM A PERIODIC EVALUATIONS OF THE SALARIES AND BENEFITS OF ALL MAIN POSITIONS AND COMPARE THEM WITH THE CURRENT MARKET. WHEN A MANAGERIAL POSITION IS HIRED, THE COMPENSATION PACKAGE IS DETERMINED BASED ON THE EVALUATION PERFORMED AND THE CURRENT MARKET. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE INSTITUTION HAS ITS GOVERNING DOCUMENTS WITH THE SECRETARY OF THE BOARD OF TRUSTEES, AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE 1,166,816 |
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