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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>BOOK / TAX DEPRECIATION DIFFERENCE 1,166,816</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XIII</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>IT WAS INCLUDED IN THE CATALOG DELIVERED TO THE STUDENTS AND PUBLISHED IN THE ORGANIZATION WEBSITE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>THERE WERE NO CONTRIBUTIONS REQUESTED DURING FISCAL YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHEDULE E ADDITIONAL INFORMATION</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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          <PersonNm>SEE PART V SUPPLEMENTAL INFORMATIO</PersonNm>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>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>
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    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>GLADYS B. NIEVES VAZQUEZ FAMILY GLADYS T. NIEVEZ VAZQUEZ FAMILY GLADYS T. VAZQUEZ FAMILY</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTION HAS ITS GOVERNING DOCUMENTS WITH THE SECRETARY OF THE BOARD OF TRUSTEES, AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>BOOK / TAX DEPRECIATION DIFFERENCE 1,166,816</ExplanationTxt>
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</Return>
