INTER AMERICAN UNIVERSITY OF PUERTO RICO: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- INTER AMERICAN UNIVERSITY OF PUERTO RICO (EIN 66-0177776)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-02-26
- IRS object ID
- 201510579349300106
- Schema version
- 2013v4.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-26T09:52:18-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660177776 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Universidad Interamericana de Puerto Rico | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 7877661912 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 363255 | AddressLine1 |
| City | San Juan | City |
| State | PR | State |
| ZIP Code | 009363255 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Luis R Esquilin | PersonNm |
| Person Title | Vice President of Finance | PersonTitleTxt |
| Phone | 7877661912 | PhoneNum |
| Signature | 2015-02-26 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Manuel J Fernos | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 363255 | AddressLine1 |
| City | San Juan | City |
| State | PR | State |
| ZIP Code | 009363255 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $284,220,795 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.inter.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1912 | FormationYr |
| Legal Domicile State | PR | LegalDomicileStateCd |
| Activity Or Mission | The Universidad Interamericana de Puerto Rico, Inc. is a higher educationinstitution pursuing quality thru academic excellence with emphasis inthe formation of people with high standards, ethical and democraticallyvalues. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $266,292 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $266,292 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $261,929 | PYContributionsGrantsAmt |
| CY Contributions Grants | $91,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $234,401,459 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $248,520,585 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,407,204 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,767,596 | CYInvestmentIncomeAmt |
| PY Other Revenue | $33,013,844 | PYOtherRevenueAmt |
| CY Other Revenue | $31,841,614 | CYOtherRevenueAmt |
| PY Total Revenue | $271,084,436 | PYTotalRevenueAmt |
| CY Total Revenue | $284,220,795 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,152,738 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $163,742,900 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $160,431,584 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $138,793 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $89,314,475 | PYOtherExpensesAmt |
| CY Other Expenses | $83,567,145 | CYOtherExpensesAmt |
| PY Total Expenses | $253,057,375 | PYTotalExpensesAmt |
| CY Total Expenses | $259,151,467 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $18,027,061 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $25,069,328 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $523,891,211 | TotalAssetsBOYAmt |
| Total Assets EOY | $540,876,736 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $132,517,663 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $116,681,715 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $391,373,548 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $424,195,021 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Universidad Interamericana de Puerto Rico, Inc. is a higher educationinstitution pursuing quality thru academic excellence with emphasis inthe formation of people with high standards, ethical and democraticallyvalues. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $192,080,783 | ExpenseAmt |
| Grant | $15,152,738 | GrantAmt |
| Revenue | $282,362,367 | RevenueAmt |
| Desc | During the 2013-14 fiscal year, the University provided educational services for over 44 thousand student on its eleven campus and it centers.Over six thousand educational degrees were granted in several fields ofstudies ranging from Associates up to Doctoral degrees, Optometry degrees and Law degrees. | Desc |
| Total Program Service Expenses | $192,080,783 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | Yes (1) | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | 0 | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Luis R Esquilin | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7877661912 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 363255 | AddressLine1 |
| City | San Juan | City |
| State | PR | State |
| ZIP Code | 009363255 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| Dennis W Hernandez | |||||||
| Chairman of the Board of Trustees | 24.00 | Yes (X) | $0 | $0 | $0 | ||
| Antonio C Rosario | |||||||
| Vice Chairman of the Board of Trustees | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Enrique Sigas | |||||||
| Secretary of the Board of Trustees | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Aida Molinary | |||||||
| Assistant Secretary of the Board of Trustees | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Antonio Pavia | |||||||
| Treasurer of the Board of Trustees | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Jose R Munoz | |||||||
| Assistant Treasurer of the Board of Trustees | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Ramon Ayala | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Aurealis T Baez | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Jorge Farinacci | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Amadeo I D Francis | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Jorge L Fuentes | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Anibal Gonzalez | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Domingo Mas | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Pedro M Mayol | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Juan J Perez | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Felipe Piazza | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Victor Rivera | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Luis A Rodriguez | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Elba Sanchez | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Gloria Santaella | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Eneida Sierra | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Francisco A Colon | |||||||
| Board Member | 8.00 | Yes (X) | $0 | $0 | $0 | ||
| Agnes Mojica | |||||||
| Chancellor | 40.00 | $124,440 | $0 | $5,892 | Yes (X) | ||
| Agustin Echevarria | |||||||
| VP for Academic Affairs and Systemic Planification | 40.00 | $124,092 | $0 | $5,875 | Yes (X) | ||
| Andres Pagan | |||||||
| Dean | 40.00 | $105,840 | $0 | $4,962 | Yes (X) | ||
| Carlos Colon | |||||||
| Chancellor | 40.00 | $93,480 | $0 | $4,644 | Yes (X) | ||
| Elie Agesilas | |||||||
| Chancellor | 40.00 | $103,476 | $0 | $5,144 | Yes (X) | ||
| Irene Fernandez | |||||||
| Chancellor | 40.00 | $99,372 | $0 | $4,939 | Yes (X) | ||
| Ismael Suarez | |||||||
| Chancellor | 40.00 | $93,060 | $0 | $4,623 | Yes (X) | ||
| Juan F Martinez | |||||||
| Chancellor | 40.00 | $88,980 | $0 | $4,419 | Yes (X) | ||
| Julio Fontanet | |||||||
| Chancellor | 40.00 | $131,064 | $0 | $6,223 | Yes (X) | ||
| Luis R Esquilin | |||||||
| VP for Management, Finance and Systemic Services | 40.00 | $121,752 | $0 | $6,058 | Yes (X) | ||
| Marilina Wayland | |||||||
| Chancellor | 40.00 | $144,252 | $0 | $6,823 | Yes (X) | ||
| Norberto Dominguez | |||||||
| VP for Religious Affairs | 40.00 | $70,620 | $0 | $0 | Yes (X) | ||
| Rafael Ramirez | |||||||
| Chancellor | 40.00 | $124,872 | $0 | $6,208 | Yes (X) | ||
| Vilma E Colon | |||||||
| Chancellor | 40.00 | $114,357 | $0 | $5,688 | Yes (X) | ||
| Manuel J Fernos | |||||||
| President of Inter American University of PR | 40.00 | $305,309 | $0 | $4,657 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,844,966 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $76,155 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 31 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Triple-S Inc | |||||
| PO Box 70313 | San Juan | PR | 009360313 | Health Insurance | $10,462,314 |
| Villavicencio & Assoc Const Corp | |||||
| PMB 303 | Guaynabo | PR | 009635375 | Construction Contractors | $1,538,210 |
| Ellucian Company LP | |||||
| 62590 Collections Center DR | Chicago | IL | 60693 | Software and system | $1,466,277 |
| Vissepo & Diez Construction Corp | |||||
| PO Box 3607 | Mayaguez | PR | 006813607 | Construction Contractors | $966,378 |
| Comas & Comas Contactors Corp | |||||
| PO Box 6447 | Mayaguez | PR | 006816447 | Construction Contractors | $889,216 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $91,000 | FundraisingAmt |
| Noncash Contributions | $91,000 | NoncashContributionsAmt |
| Total Contributions | $91,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611310 | $227,147,824 | $227,147,824 |
| Federal Grants and Con | 611310 | $17,251,223 | $17,251,223 |
| Commonwealth of Puerto | 611310 | $4,121,538 | $4,121,538 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $248,520,585 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,767,596 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,767,596 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,501,136 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $91,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,501,136 | TotalRevenueColumnAmt |
| Exclusion | $1,501,136 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Auxilliary Enterprises | 900099 | $10,470,374 | $10,470,374 | |
| Other Sources | 900099 | $2,969,069 | $2,969,069 | |
| Real Estate | 531390 | $266,292 | $266,292 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,634,743 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,634,743 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $30,340,478 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $284,220,795 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $282,362,367 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $266,292 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,501,136 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,152,738 | TotalAmt |
| Program Services | $15,152,738 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,436,140 | TotalAmt |
| Program Services | $5,581,156 | ProgramServicesAmt |
| Management And General | $4,854,984 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,851,130 | TotalAmt |
| Program Services | $99,773,099 | ProgramServicesAmt |
| Management And General | $21,076,963 | ManagementAndGeneralAmt |
| Fundraising | $1,068 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,655,307 | TotalAmt |
| Program Services | $2,915,029 | ProgramServicesAmt |
| Management And General | $740,278 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,210,017 | TotalAmt |
| Program Services | $7,685,826 | ProgramServicesAmt |
| Management And General | $5,524,191 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,278,990 | TotalAmt |
| Program Services | $8,095,890 | ProgramServicesAmt |
| Management And General | $4,183,018 | ManagementAndGeneralAmt |
| Fundraising | $82 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $773,286 | TotalAmt |
| Management And General | $773,286 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $412,500 | TotalAmt |
| Management And General | $412,500 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,022,501 | TotalAmt |
| Program Services | $3,701,059 | ProgramServicesAmt |
| Management And General | $9,320,052 | ManagementAndGeneralAmt |
| Fundraising | $1,390 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,372,071 | TotalAmt |
| Program Services | $1,348,967 | ProgramServicesAmt |
| Management And General | $2,017,812 | ManagementAndGeneralAmt |
| Fundraising | $5,292 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $966,891 | TotalAmt |
| Program Services | $501,598 | ProgramServicesAmt |
| Management And General | $465,026 | ManagementAndGeneralAmt |
| Fundraising | $267 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,421,910 | TotalAmt |
| Program Services | $1,686,410 | ProgramServicesAmt |
| Management And General | $2,735,254 | ManagementAndGeneralAmt |
| Fundraising | $246 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,166 | TotalAmt |
| Program Services | $18,166 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $499,106 | TotalAmt |
| Program Services | $220,462 | ProgramServicesAmt |
| Management And General | $275,581 | ManagementAndGeneralAmt |
| Fundraising | $3,063 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $853,873 | TotalAmt |
| Program Services | $490,377 | ProgramServicesAmt |
| Management And General | $355,132 | ManagementAndGeneralAmt |
| Fundraising | $8,364 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $361,257 | TotalAmt |
| Program Services | $178,312 | ProgramServicesAmt |
| Management And General | $182,945 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,495,692 | TotalAmt |
| Program Services | $364,425 | ProgramServicesAmt |
| Management And General | $1,131,267 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,175,316 | TotalAmt |
| Program Services | $6,633,855 | ProgramServicesAmt |
| Management And General | $9,541,461 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,889,839 | TotalAmt |
| Program Services | $2,422 | ProgramServicesAmt |
| Management And General | $1,887,417 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Real Estate Operations | $440,764 | $440,764 | ||
| Others | $17,665,937 | -$16,902,108 | $34,449,835 | $118,210 |
| Utilities | $14,001,372 | $13,767,808 | $233,564 | |
| Repairs and Maintenance | $3,415,749 | $3,269,708 | $145,359 | $682 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,780,915 | TotalAmt |
| Program Services | $2,902,234 | ProgramServicesAmt |
| Management And General | $878,552 | ManagementAndGeneralAmt |
| Fundraising | $129 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $259,151,467 | TotalAmt |
| Program Services | $192,080,783 | ProgramServicesAmt |
| Management And General | $66,931,891 | ManagementAndGeneralAmt |
| Fundraising | $138,793 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,562,036 | BOYAmt |
| EOY | $40,061,945 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,470,764 | BOYAmt |
| EOY | $7,597,585 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,174,559 | BOYAmt |
| EOY | $4,000,903 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,083,777 | BOYAmt |
| EOY | $12,453,501 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,413,392 | BOYAmt |
| EOY | $5,872,630 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $484,466,894 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $227,041,164 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,932,828 | BOYAmt |
| EOY | $257,425,730 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,567,795 | BOYAmt |
| EOY | $194,970,953 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,686,060 | BOYAmt |
| EOY | $18,493,489 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $523,891,211 | BOYAmt |
| EOY | $540,876,736 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,757,471 | BOYAmt |
| EOY | $20,717,554 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,623,260 | BOYAmt |
| EOY | $4,422 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,511 | BOYAmt |
| EOY | $2,443,722 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,080,691 | BOYAmt |
| EOY | $4,043,349 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,674,730 | BOYAmt |
| EOY | $89,472,668 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,517,663 | BOYAmt |
| EOY | $116,681,715 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,928,817 | BOYAmt |
| EOY | $422,718,169 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,117 | BOYAmt |
| EOY | $213,238 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,263,614 | BOYAmt |
| EOY | $1,263,614 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $391,373,548 | BOYAmt |
| EOY | $424,195,021 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $523,891,211 | BOYAmt |
| EOY | $540,876,736 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $25,069,328 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,752,145 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1263614 | DonorAdvisedFundsHeldCnt |
| Disclosed Org Leg Ctrl | 0 | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | 0 | DisclosedForCharitablePrpsInd |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $171,111,153 | BeginningYearBalanceAmt |
| Contributions | $678,070 | ContributionsAmt |
| Investment Earnings Or Losses | $28,449,283 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$21,051 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$2,685,000 | OtherExpendituresAmt |
| Administrative Expenses | -$1,060,119 | AdministrativeExpensesAmt |
| End Year Balance | $196,472,336 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $151,452,732 | BeginningYearBalanceAmt |
| Contributions | $678,540 | ContributionsAmt |
| Investment Earnings Or Losses | $22,424,080 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$21,663 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$2,500,000 | OtherExpendituresAmt |
| Administrative Expenses | -$922,536 | AdministrativeExpensesAmt |
| End Year Balance | $171,111,153 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $153,531,102 | BeginningYearBalanceAmt |
| Contributions | $678,982 | ContributionsAmt |
| Investment Earnings Or Losses | -$584,745 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$21,928 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,316,447 | OtherExpendituresAmt |
| Administrative Expenses | -$834,232 | AdministrativeExpensesAmt |
| End Year Balance | $151,452,732 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $121,802,665 | BeginningYearBalanceAmt |
| Contributions | $843,807 | ContributionsAmt |
| Investment Earnings Or Losses | $31,658,781 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $75,842 | OtherExpendituresAmt |
| Administrative Expenses | $698,309 | AdministrativeExpensesAmt |
| End Year Balance | $153,531,102 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $106,355,372 | BeginningYearBalanceAmt |
| Contributions | $660,149 | ContributionsAmt |
| Investment Earnings Or Losses | $16,179,505 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $875,654 | OtherExpendituresAmt |
| Administrative Expenses | $516,707 | AdministrativeExpensesAmt |
| End Year Balance | $121,802,665 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.99250 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00640 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00110 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $31,220,822 | InvestmentCostOrOtherBasisAmt |
| Book Value | $31,220,822 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $290,232,950 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $111,296,097 | DepreciationAmt |
| Book Value | $178,936,853 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $153,127,755 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $115,745,067 | DepreciationAmt |
| Book Value | $37,382,688 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $9,885,367 | InvestmentCostOrOtherBasisAmt |
| Book Value | $9,885,367 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $257,425,730 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investments | Desc |
| Book Value | $194,970,953 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $194,970,953 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Loan Payable | $84,092,581 |
| Student Deposits | $125,353 |
| Deferred Compensation | $5,254,734 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $89,472,668 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $276,820,202 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $7,752,145 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $7,752,145 | RevenueNotReportedAmt |
| Revenue Subtotal | $269,068,057 | RevenueSubtotalAmt |
| Other Revenues Not Included | $15,152,738 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $15,152,738 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $284,220,795 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $243,998,729 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $243,998,729 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $15,152,738 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $15,152,738 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $259,151,467 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The University has received several work of arts from distinguished writers, artists, individuals and companies for educational exhibition, preservation and research. |
| Part X, Line 2: | The University recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The University records interest related to unrecognized tax benefits in interest expense and penalties in selling, general, and administrative expenses. |
| Part XI, Line 4b - Other Adjustments: | Students' Scholarships (reduction of Tuition and Fees) |
| Part XII, Line 4b - Other Adjustments: | Students' Scholarships (reduction of Tuition and Fees) |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | As required by federal and state laws the Universidad Interamericana de Puerto Rico includes in most of the documentation its nondiscriminatory policies and statements. |
| Schedule E, Part I, Line 6 | The University receives annually several scholarships, awards, grants and financial aid from federal and state agencies to assist students in their academic goals. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | General Activities - Various | NameOfEvent1Amt |
| Gross Receipts Event1 | $1,592,136 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $1,592,136 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $1,592,136 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $1,592,136 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $1,592,136 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Students' Scholarships | GrantTypeTxt |
| Recipient | 30053 | RecipientCnt |
| Cash Grant | $15,152,738 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Financial aid assistance are awarded based on US, State, and private guidelines as required by the type or source of assistance. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Marilina Wayland | ||||||||||||||
| Chancellor | $137,052 | $0 | $0 | $0 | $7,200 | $0 | $6,823 | $0 | $0 | $0 | $151,075 | $0 | $0 | $0 |
| Manuel J Fernos | ||||||||||||||
| President of Inter American Universi | $221,530 | $0 | $83,779 | $0 | $0 | $0 | $4,657 | $0 | $0 | $0 | $309,966 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | An executive / officer received housing allowance as part of her compensation. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Universidad Interamericana de Puerto Rico | ||||||||
| A | 660177776 | NoneAvail | 2004-12-01 | $36,750,000 | Bonds issued for new educational buildings | 0 | 0 | 0 |
| Universidad Interamericana de Puerto Rico | ||||||||
| B | 660177776 | noneAvail | 2012-08-12 | $58,455,000 | Bonds issued for new educational buildings | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $36,923,760 | $2,519,943 | $1,372,490 | $33,031,327 | 0 | 0 | 0 | Yes (1) | ||
| B | $70,733,761 | $5,017,102 | $898,264 | $9,400,000 | Yes (1) | 0 | 0 | Yes (1) | $55,413,464 | $4,931 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | B | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Equipment | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $85,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, line 3b | The UBT was in Puerto Rico, the subsidiary filed a Puerto Rico corporate tax for its operations. |
| Form 990, Part VI, Section A, line 6 | The Institution has a Board of Trustees that meet monthly to oversee and monitor all business aspects of the organization. |
| Form 990, Part VI, Section A, line 7a | The Board of Trustees has an internal procedure to evaluate, nominate, and vote for the available positions. |
| Form 990, Part VI, Section A, line 8b | Committees are part of the Board of Trustees, determinations made by the Committee members are forwarded, discussed and must be approved by the Board of Trusttees members as a whole. |
| Form 990, Part VI, Section B, line 11 | A printed copy of the 990 return is presented to the Board of Trustees prior formal filing to IRS. The return is compiled and calculated based upon its audited financial statements and supplemental information gathered fro the Universitys internal reporting system. |
| Form 990, Part VI, Section B, line 12c | The Institution has a written policy and a self assessment questionnaire to monitor conflict of interest among key personnel, board of trustees and other related to the Institution, which is done annually. |
| Form 990, Part VI, Section B, line 15 | The Human Resources Office compiles market data, trends, and other information to assess the personnels compensation. In addition, for some positions there are committees being assigned to review and evaluate prospective personnel. |
| Form 990, Part VI, Section C, line 19 | The Institution makes the governing documents, conflict of interest policy, financial statements available to the public upon request and in its web site. |
| Part XII. Line 2.c. | The University Board of Trustees have an Audit Committee that oversees the result of all the audits, compliance and internal audits. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Empresas Interex Inc | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 195274 | AddressLine1 |
| City | Hato Rey | City |
| State | PR | State |
| ZIP Code | 00918 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660517257 | EIN |
| Primary Activities | Real Estate Operations | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | RQ | LegalDomicileForeignCountryCd |
| Total Income | $266,292 | TotalIncomeAmt |
| End Of Year Assets | $1,199,634 | EndOfYearAssetsAmt |