CARLOS ALBIZU UNIVERSITY INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: CARLOS ALBIZU UNIVERSITY INC (EIN 66-0234412)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2018-11-15
IRS object ID: 201803199349316115
Schema version: 2017v2.3
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
Form 990
Schedule A
Schedule D
Schedule E
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-15T15:49:49-06:00	ReturnTs
Tax Period End	2018-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	660703468	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FPV & GALINDEZ LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 364152	AddressLine1Txt
City	SAN JUAN	CityNm
State Abbreviation	PR	StateAbbreviationCd
ZIP	009364152	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	660234412	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CARLOS ALBIZU UNIVERSITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CARL	BusinessNameControlTxt
Phone	7877256500	PhoneNum

Foreign Address ForeignAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 9023711	AddressLine1Txt
City	SAN JUAN	CityNm
Province Or State	PUERTO RICO	ProvinceOrStateNm
Country	RQ	CountryCd
Foreign Postal	00902-3711	ForeignPostalCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SYLVIA LOPEZ JORGE	PersonNm
Person Title	EXE. DIR. FINANCE	PersonTitleTxt
Phone	7877256500	PhoneNum
Signature	2018-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	YELITZA LOPEZ RIVERA	PreparerPersonNm
PTIN	P00965097	PTIN
Phone	7877254545	PhoneNum
Preparation	2018-11-15	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	67.203.216.170	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-15	IPDt
IP Tm	17:48:25	IPTm
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	90D20E8A930DC36F105450CD2BDAD0FA11F61980	AtSubmissionCreationDeviceId
At Submission Filing Device Id	4E1151535007CC061BDD6456E2BB67D55083355A	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SYLVIA LOPEZ JORGE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	TARRAGONA D45 VILLA ESPAA	AddressLine1Txt
City	BAYAMON	CityNm
State Abbreviation	PR	StateAbbreviationCd
ZIP	00961	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$32,977,356	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ALBIZU.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1966	FormationYr
Legal Domicile State	PR	LegalDomicileStateCd
Activity Or Mission	CARLOS ALBIZU UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE AND RESEARCH FROM A PURALISTIC AND MULTIDIMENSIONAL PERSPECTIVE. WE EDUCATE STUDENTS TO SERVE A HIGHER COMPLEX AND DIVERSE SOCIETY, WITH SENSITIVITY TO THOSE MOST IN NEED. WE CONTRIBUTE TO OUR COMMUNITIES BY TRAINING PROFESSIONALS WITH MULTICULTURAL COMPETENCIES. WE DISTINGUISH OURSELVES THROUGH AN EDUCATIONAL PHILOSOPHY BASED ON A COMMITMENT TO SOCIAL RESPONSOBILITY, CHARACTERISTIC OF ALL OUR PROGRAMS AND SERVICES.	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	12	VotingMembersIndependentCnt
Total Employee	442	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$2,921,736	PYContributionsGrantsAmt
CY Contributions Grants	$2,351,823	CYContributionsGrantsAmt
PY Program Service Revenue	$23,271,670	PYProgramServiceRevenueAmt
CY Program Service Revenue	$24,349,084	CYProgramServiceRevenueAmt
PY Investment Income	$981,436	PYInvestmentIncomeAmt
CY Investment Income	$617,604	CYInvestmentIncomeAmt
PY Other Revenue	$2,812,105	PYOtherRevenueAmt
CY Other Revenue	$5,251,991	CYOtherRevenueAmt
PY Total Revenue	$29,986,947	PYTotalRevenueAmt
CY Total Revenue	$32,570,502	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$19,439,127	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$20,845,863	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$10,716,112	PYOtherExpensesAmt
CY Other Expenses	$9,224,461	CYOtherExpensesAmt
PY Total Expenses	$30,155,239	PYTotalExpensesAmt
CY Total Expenses	$30,070,324	CYTotalExpensesAmt
PY Revenues Less Expenses	-$168,292	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$2,500,178	CYRevenuesLessExpensesAmt
Total Assets BOY	$46,696,088	TotalAssetsBOYAmt
Total Assets EOY	$50,874,309	TotalAssetsEOYAmt
Total Liabilities BOY	$14,104,280	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$13,834,146	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$32,591,808	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$37,040,163	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	CARLOS ALBIZU UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE AND RESEARCH FROM A PURALISTIC AND MULTIDIMENSIONAL PERSPECTIVE. WE EDUCATE STUDENTS TO SERVE A HIGHER COMPLEX AND DIVERSE SOCIETY, WITH SENSITIVITY TO THOSE MOST IN NEED. WE CONTRIBUTE TO OUR COMMUNITIES BY TRAINING PROFESSIONALS WITH MULTICULTURAL COMPETENCIES. WE DISTINGUISH OURSELVES THROUGH AN EDUCATIONAL PHILOSOPHY BASED ON A COMMITMENT TO SOCIAL RESPONSOBILITY, CHARACTERISTIC OF ALL OUR PROGRAMS AND SERVICES.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$20,739,332	ExpenseAmt
Revenue	$29,601,075	RevenueAmt
Desc	POSTSECONDARY EDUCATION, GENERAL/OTHER: MULTIDISCIPLINARY INSTITUTION THAT PROVIDE QUALITY TRAINING AT BOTH GRADUATE AND UNDERGRADUATE LEVELS. THIS TRAINING IS ADDRESSED TO HELP MINORITIES TO ACHIEVE THEIR GOALS IN A MULTICULTURAL ENVIRONMENT.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	N/A	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	N/A	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$20,739,332	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
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
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	Yes (true)	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 With Officer Ent	false	BusinessRlnWithOfficerEntInd
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	442	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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	12	GoverningBodyVotingMembersCnt
Independent Voting Member	12	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	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	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	CARLOS ALBIZU UNIVERSITY	BusinessNameLine1Txt
Business Name Line2	CARLOS ALBIZU UNIVERSITY	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Phone	7877256500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 9023711	AddressLine1Txt
Address Line2	PO BOX 9023711	AddressLine2Txt
City	SAN JUAN	CityNm
State Abbreviation	PR	StateAbbreviationCd
ZIP	009023711	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Average Hours Per WeekAverageHoursPerWeekRt	OfficerOfficerInd
JULIO F JULI PADR MBA
PRESIDENT/CH	Yes (X)	$0	$0	$0
JAIME PL CORTS MHSA
MEMBER	Yes (X)	$0	$0	$0
ANA I AGOSTO ZAYAS
MEMBER-TREAS	Yes (X)	$0	$0	$0
JAIME L ALBORS BIGAS
MEMBER-SECRE	Yes (X)	$0	$0	$0
JORGE GONZLEZ MONCLOVA PHD
MEMBER	Yes (X)	$0	$0	$0
RUTH C PREVOR PHD
MEMBER	Yes (X)	$0	$0	$0
TERESITA M BOLVAR
MEMBER	Yes (X)	$0	$0	$0
RUTH L GONZLEZ DAZ PSYD
PRESIDENT/CH	Yes (X)	$0	$0	$0
HON MAURICE FERR
EMERITUS MEM	Yes (X)	$0	$0	$0
ENRIQUE RAMOS MELENDEZ
MEMBER	Yes (X)	$0	$0	$0
RICARDO J DEL RIO MORALES
MEMBER	Yes (X)	$0	$0	$0
MARIBEL DEL RIO DEL RIO-ROBERTS
MEMBER	Yes (X)	$0	$0	$0
GUALBERTO RODRGUEZ
EMERITUS MEM	Yes (X)	$0	$0	$0
ADALBERTO RAMREZ
PRESIDENT/CH	Yes (X)	$0	$0	$0
ANGEL M MATOS LUGO
MEMBER	Yes (X)	$0	$0	$0
JOSE I PONS MADERA
PRESIDENT		$256,346	$0	$0	40.00	Yes (X)
GUILLERMO BERNAL
VICEPRESIDEN		$171,687	$0	$0	40.00	Yes (X)
SONIA FELICIANO ROBLES
EXE. DIR. RE		$162,926	$0	$0	40.00	Yes (X)
DIANA BARROSO
MASTER PROG		$151,042	$0	$0	40.00	Yes (X)
ETIONY ALDARONDO
FRM-PROVOST		$145,311	$0	$0	40.00	Yes (X)
CYNTHIA GARCIA COLL
ASSOC DIRECT		$137,666	$0	$0	40.00	Yes (X)
JULIO SANTANA MARINO
CHANCELLOR		$135,184	$0	$0	40.00	Yes (X)
IRENE M BRAVO
HS PROGRAM D		$130,900	$0	$0	40.00	Yes (X)
SYLVIA LOPEZ JORGE
EXE. DIR. FI		$128,413	$0	$0	40.00	Yes (X)
JOSE CABIYA MORALES
FACULTY PHD		$122,188	$0	$0	40.00	Yes (X)
ANGELA RAMOS PEREZ
DIRECTOR HR		$121,267	$0	$0	40.00	Yes (X)
LIZZETTE ALCARAZ
DIR S&L PATH		$116,929	$0	$0	40.00	Yes (X)
EVANGELINA ALONSO
DIRECTOR GCC		$113,250	$0	$0	40.00	Yes (X)
AILEMA FRIGERIO
DIRECTOR		$111,827	$0	$0	40.00	Yes (X)
JAIME VERAY ALICEA
DIRECTOR PHD		$109,771	$0	$0	40.00	Yes (X)
LUIS ALBERTO CAMACHO DIAZ
IT DIRECTOR		$105,944	$0	$0	40.00	Yes (X)
MIGUEL E MARTINEZ LUGO
FACULTY		$105,467	$0	$0	40.00	Yes (X)
CRISTINA MIRANDA PALACIOS
DIRECTOR PLA		$98,307	$0	$0	40.00	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,424,425	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	17	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	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
GVG BUILDERS
ALTURAS DE TORRIMAR C/9 528	GUAYNABO	PR	00969	CONSTRUCTION	$763,018
UNITED HEALTHCARE
PO BOX 94017	PALATINE	IL	600944017	HEALTH	$480,740
FLORIDA POWER LIGHT
GENERAL MAIL FACILITY	MIAMI	FL	331880001	ENERGY SERVICES	$399,350
SELENIS TECHNOLOGIES LLC
30310 SW 152 AVENUE	HOMESTEAD	FL	33033	TECHNOLOGY	$367,450
ELLUCIAN INC
151 SOUTHHALL LN 400	MAITLAND	FL	32751	SOFTWARE	$216,848

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	12	CntrctRcvdGreaterThan100KCnt
Government Grants	$2,055,151	GovernmentGrantsAmt
All Other Contributions	$296,672	AllOtherContributionsAmt
Total Contributions	$2,351,823	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	TUITION REVENUE	Desc
Total Revenue Column	$24,349,084	TotalRevenueColumnAmt
Related Or Exempt Func Income	$24,349,084	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$24,349,084	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$617,604	TotalRevenueColumnAmt
Exclusion	$617,604	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,646,348	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$406,854	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,239,494	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,239,494	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,239,494	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER SOURCES	$2,672,347	$2,672,347
INSURANCE CLAIM RECOVERY	$1,340,150	$1,340,150

Field	Value	IRS element (for citing)
Other Revenue Total	$4,012,497	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$32,570,502	TotalRevenueColumnAmt
Related Or Exempt Func Income	$29,601,075	RelatedOrExemptFuncIncomeAmt
Exclusion	$617,604	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$17,587,555	TotalAmt
Program Services	$14,616,851	ProgramServicesAmt
Management And General	$2,970,704	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,910,290	TotalAmt
Program Services	$1,353,990	ProgramServicesAmt
Management And General	$556,300	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,348,018	TotalAmt
Program Services	$1,093,351	ProgramServicesAmt
Management And General	$254,667	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$210,487	TotalAmt
Program Services	$124,261	ProgramServicesAmt
Management And General	$86,226	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$135,399	TotalAmt
Program Services	$14,300	ProgramServicesAmt
Management And General	$121,099	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,416,928	TotalAmt
Program Services	$646,433	ProgramServicesAmt
Management And General	$770,495	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$589,924	TotalAmt
Program Services	$4,756	ProgramServicesAmt
Management And General	$585,168	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$362,746	TotalAmt
Program Services	$132,191	ProgramServicesAmt
Management And General	$230,555	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$260,955	TotalAmt
Program Services	$131,529	ProgramServicesAmt
Management And General	$129,426	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$59,296	TotalAmt
Program Services	$37,147	ProgramServicesAmt
Management And General	$22,149	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$431,706	TotalAmt
Management And General	$431,706	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$953,577	TotalAmt
Program Services	$211,021	ProgramServicesAmt
Management And General	$742,556	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$317,646	TotalAmt
Program Services	$18,931	ProgramServicesAmt
Management And General	$298,715	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
OTHER EXPENSE	$3,029,358	$2,210,233	$819,125
ADMINISTRATIVE EXPENSE	$1,280,486		$1,280,486
EQUIPMENT EXPENSE	$175,953	$144,338	$31,615

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$30,070,324	TotalAmt
Program Services	$20,739,332	ProgramServicesAmt
Management And General	$9,330,992	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,901,871	BOYAmt
EOY	$3,193,103	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$430,587	BOYAmt
EOY	$286,517	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,361,209	BOYAmt
EOY	$3,652,416	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$540,622	BOYAmt
EOY	$733,941	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$32,353,137	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$10,124,880	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$20,621,009	BOYAmt
EOY	$22,228,257	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$19,840,790	BOYAmt
EOY	$20,780,075	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$46,696,088	BOYAmt
EOY	$50,874,309	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,483,392	BOYAmt
EOY	$3,918,423	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,853,334	BOYAmt
EOY	$1,842,872	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$8,749,151	BOYAmt
EOY	$8,070,215	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$18,403	BOYAmt
EOY	$2,636	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$14,104,280	BOYAmt
EOY	$13,834,146	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$28,197,798	BOYAmt
EOY	$32,104,832	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,394,010	BOYAmt
EOY	$4,935,331	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$32,591,808	BOYAmt
EOY	$37,040,163	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$46,696,088	BOYAmt
EOY	$50,874,309	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$2,500,178	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,948,177	NetUnrlzdGainsLossesInvstAmt
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)
Beginning Year Balance	$943,505	BeginningYearBalanceAmt
Investment Earnings Or Losses	$144,426	InvestmentEarningsOrLossesAmt
Other Expenditures	$105,781	OtherExpendituresAmt
End Year Balance	$982,150	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$643,894	BeginningYearBalanceAmt
Contributions	$417,766	ContributionsAmt
Investment Earnings Or Losses	-$118,155	InvestmentEarningsOrLossesAmt
End Year Balance	$943,505	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$706,234	BeginningYearBalanceAmt
Investment Earnings Or Losses	$11,014	InvestmentEarningsOrLossesAmt
Other Expenditures	$73,354	OtherExpendituresAmt
End Year Balance	$643,894	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,064,396	BeginningYearBalanceAmt
Contributions	$155,645	ContributionsAmt
Investment Earnings Or Losses	-$159,714	InvestmentEarningsOrLossesAmt
Other Expenditures	$354,093	OtherExpendituresAmt
End Year Balance	$706,234	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,199,230	BeginningYearBalanceAmt
Contributions	$25,553	ContributionsAmt
Investment Earnings Or Losses	-$101,566	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$38,000	GrantsOrScholarshipsAmt
Other Expenditures	$20,821	OtherExpendituresAmt
End Year Balance	$1,064,396	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$7,200,000	InvestmentCostOrOtherBasisAmt
Book Value	$7,200,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$16,245,882	InvestmentCostOrOtherBasisAmt
Depreciation	$4,831,753	DepreciationAmt
Book Value	$11,414,129	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$3,118,665	InvestmentCostOrOtherBasisAmt
Depreciation	$379,405	DepreciationAmt
Book Value	$2,739,260	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$2,702,332	InvestmentCostOrOtherBasisAmt
Depreciation	$2,644,111	DepreciationAmt
Book Value	$58,221	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$3,086,258	InvestmentCostOrOtherBasisAmt
Depreciation	$2,269,611	DepreciationAmt
Book Value	$816,647	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$22,228,257	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OBLIGATIONS UNDER CAPITAL LEASE	Desc
Amt	$2,636	Amt

Field	Value	IRS element (for citing)
Total Liability	$2,636	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$34,518,679	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,948,177	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$1,948,177	RevenueNotReportedAmt
Revenue Subtotal	$32,570,502	RevenueSubtotalAmt
Total Revenue Per Form990	$32,570,502	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$30,070,324	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$30,070,324	ExpensesSubtotalAmt
Total Expenses Per Form990	$30,070,324	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE D, PAGE 4, PART XIII	FormAndLineReferenceDesc
Explanation	SCHEDULE D, PART V, LINE 4 - THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO OFFER SCHOLARSHIPS FOR STUDENTS.	ExplanationTxt

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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, LINE 3	THE INSTITUTIONAL CATALOGUE AND OFFICIAL DOCUMENTS DISCLOSE THIS POLICY.
SCHEDULE E, LINE 5	THE INSTITUTION CATALOGUE AND THE OFFICIAL DOCUMENTS DISCLOSE THE NONDISCRIMINATORY POLICY.
SCHEDULE E, LINE 6	THE INSTITUTION RECEIVES FINANCIAL AID FROM THE DEPARTMENT OF EDUCATION.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
JOSE I PONS MADERA
PRESIDENT	$256,346	$256,346
GUILLERMO BERNAL
VICEPRESIDENT	$171,687	$171,687
SONIA FELICIANO ROBLES
EXE. DIR. REC.	$162,926	$162,926
DIANA BARROSO
MASTER PROG DIRECTOR	$151,042	$151,042

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSION	CARLOS ALBIZU UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE AND RESEARCH FROM A PURALISTIC AND MULTIDIMENSIONAL PERSPECTIVE. WE EDUCATE STUDENTS TO SERVE A HIGHER COMPLEX AND DIVERSE SOCIETY, WITH SENSITIVITY TO THOSE MOST IN NEED. WE CONTRIBUTE TO OUR COMMUNITIES BY TRAINING PROFESSIONALS WITH MULTICULTURAL COMPETENCIES. WE DISTINGUISH OURSELVES THROUGH AN EDUCATIONAL PHILOSOPHY BASED ON A COMMITMENT TO SOCIAL RESPONSOBILITY, CHARACTERISTIC OF ALL OUR PROGRAMS AND SERVICES.
FORM 990, PAGE 6, PART VI, LINE 11B	TO COMPLETE THE 990 WE USE SEVERAL METHODS TO REVIEW THE INFORMATION; SUCH AS AUDITED FINANCIAL STATEMENTS, WORKSHEETS AS BACKUP FOR SEVERAL SCHEDULES,REVIEW WITH OTHER INSTITUTIONAL PERSONNEL QUESTIONS CONCERNING SPECIFIC POLICIES AND PRACTICES, AND CERTAIN BOARD COMMITTEES FOR QUESTIONS REGARDING GOVERNANCE AND POLICIES.
FORM 990, PAGE 6, PART VI, LINE 12C	A DOCUMENT "FORMULARIO DE CERTIFICACIN Y DIVULGACIN ANUAL SOBRE CONFLICTO DE INTERESES" IS DISTRIBUTED TO MEMBERS OF THE BOARD ANNUALY, AND WILL ALSO BE DISTRIBUTED TO UNIVERSITY CONSTITUENTS.
FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD OF TRUSTEES HAS CONSTITUTED A COMPENSATION, FINANCE AND PLANNING COMMITTEE THAT IS ON CHARGE OF OVERSEEING COMPENSATION FOR KEY PERSONNEL OF THE INSTITUTION. A WRITTEN EMPLOYMENT CONTRACT IS ALSO IN PLACE FOR THE PRESIDENT OF THE INSTITUTION SIGNED BY THE PRESIDENT OF THE BOARD.
FORM 990, PAGE 6, PART VI, LINE 19	THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.