2015-02-26T09:52:18-06:00 2014-06-30 990 2013-07-01 660177776 Universidad Interamericana de Puerto Rico UNIV 7877661912 PO Box 363255 San Juan PR 009363255 Luis R Esquilin Vice President of Finance 7877661912 2015-02-26 2013 2016-02-25 16:41:14Z Manuel J Fernos PO Box 363255 San Juan PR 009363255 284220795 0 X www.inter.edu X 1912 PR 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. 22 0 0 0 266292 266292 261929 91000 234401459 248520585 3407204 3767596 33013844 31841614 271084436 284220795 0 15152738 0 0 163742900 160431584 0 0 138793 89314475 83567145 253057375 259151467 18027061 25069328 523891211 540876736 132517663 116681715 391373548 424195021 X 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. 0 0 192080783 15152738 282362367 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. 192080783 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 1 1 1 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 X 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 0 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 1 1 FL NY PR X Luis R Esquilin 7877661912 PO Box 363255 San Juan PR 009363255 Dennis W Hernandez Chairman of the Board of Trustees 24.00 X 0 0 0 Antonio C Rosario Vice Chairman of the Board of Trustees 8.00 X 0 0 0 Enrique Sigas Secretary of the Board of Trustees 8.00 X 0 0 0 Aida Molinary Assistant Secretary of the Board of Trustees 8.00 X 0 0 0 Antonio Pavia Treasurer of the Board of Trustees 8.00 X 0 0 0 Jose R Munoz Assistant Treasurer of the Board of Trustees 8.00 X 0 0 0 Ramon Ayala Board Member 8.00 X 0 0 0 Aurealis T Baez Board Member 8.00 X 0 0 0 Jorge Farinacci Board Member 8.00 X 0 0 0 Amadeo I D Francis Board Member 8.00 X 0 0 0 Jorge L Fuentes Board Member 8.00 X 0 0 0 Anibal Gonzalez Board Member 8.00 X 0 0 0 Domingo Mas Board Member 8.00 X 0 0 0 Pedro M Mayol Board Member 8.00 X 0 0 0 Juan J Perez Board Member 8.00 X 0 0 0 Felipe Piazza Board Member 8.00 X 0 0 0 Victor Rivera Board Member 8.00 X 0 0 0 Luis A Rodriguez Board Member 8.00 X 0 0 0 Elba Sanchez Board Member 8.00 X 0 0 0 Gloria Santaella Board Member 8.00 X 0 0 0 Eneida Sierra Board Member 8.00 X 0 0 0 Francisco A Colon Board Member 8.00 X 0 0 0 Agnes Mojica Chancellor 40.00 X 124440 0 5892 Agustin Echevarria VP for Academic Affairs and Systemic Planification 40.00 X 124092 0 5875 Andres Pagan Dean 40.00 X 105840 0 4962 Carlos Colon Chancellor 40.00 X 93480 0 4644 Elie Agesilas Chancellor 40.00 X 103476 0 5144 Irene Fernandez Chancellor 40.00 X 99372 0 4939 Ismael Suarez Chancellor 40.00 X 93060 0 4623 Juan F Martinez Chancellor 40.00 X 88980 0 4419 Julio Fontanet Chancellor 40.00 X 131064 0 6223 Luis R Esquilin VP for Management, Finance and Systemic Services 40.00 X 121752 0 6058 Marilina Wayland Chancellor 40.00 X 144252 0 6823 Norberto Dominguez VP for Religious Affairs 40.00 X 70620 0 0 Rafael Ramirez Chancellor 40.00 X 124872 0 6208 Vilma E Colon Chancellor 40.00 X 114357 0 5688 Manuel J Fernos President of Inter American University of PR 40.00 X 305309 0 4657 1844966 0 76155 31 0 1 0 Triple-S Inc PO Box 70313 San Juan PR 009360313 Health Insurance 10462314 Villavicencio & Assoc Const Corp PMB 303 Guaynabo PR 009635375 Construction Contractors 1538210 Ellucian Company LP 62590 Collections Center DR Chicago IL 60693 Software and system 1466277 Vissepo & Diez Construction Corp PO Box 3607 Mayaguez PR 006813607 Construction Contractors 966378 Comas & Comas Contactors Corp PO Box 6447 Mayaguez PR 006816447 Construction Contractors 889216 5 91000 91000 91000 Tuition and Fees 611310 227147824 227147824 Federal Grants and Con 611310 17251223 17251223 Commonwealth of Puerto 611310 4121538 4121538 248520585 3767596 3767596 1501136 91000 0 1501136 1501136 Auxilliary Enterprises 900099 10470374 10470374 Other Sources 900099 2969069 2969069 Real Estate 531390 266292 266292 16634743 16634743 30340478 284220795 282362367 266292 1501136 15152738 15152738 10436140 5581156 4854984 120851130 99773099 21076963 1068 3655307 2915029 740278 13210017 7685826 5524191 12278990 8095890 4183018 82 773286 773286 412500 412500 13022501 3701059 9320052 1390 3372071 1348967 2017812 5292 966891 501598 465026 267 4421910 1686410 2735254 246 18166 18166 499106 220462 275581 3063 853873 490377 355132 8364 361257 178312 182945 1495692 364425 1131267 16175316 6633855 9541461 1889839 2422 1887417 Real Estate Operations 440764 440764 Others 17665937 34449835 -16902108 118210 Utilities 14001372 233564 13767808 Repairs and Maintenance 3415749 145359 3269708 682 3780915 2902234 878552 129 259151467 192080783 66931891 138793 35562036 40061945 8470764 7597585 4174559 4000903 14083777 12453501 7413392 5872630 484466894 227041164 255932828 257425730 169567795 194970953 28686060 18493489 523891211 540876736 22757471 20717554 1623260 4422 1381511 2443722 12080691 4043349 94674730 89472668 132517663 116681715 X 389928817 422718169 181117 213238 1263614 1263614 391373548 424195021 523891211 540876736 25069328 7752145 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1263614 0 0 X X X X 0 171111153 678070 28449283 -21051 -2685000 -1060119 196472336 151452732 678540 22424080 -21663 -2500000 -922536 171111153 153531102 678982 -584745 -21928 -1316447 -834232 151452732 121802665 843807 31658781 75842 698309 153531102 106355372 660149 16179505 875654 516707 121802665 0.99250 0.00640 0.00110 0 0 31220822 31220822 290232950 111296097 178936853 153127755 115745067 37382688 9885367 9885367 257425730 Investments 194970953 F 194970953 Loan Payable 84092581 Student Deposits 125353 Deferred Compensation 5254734 89472668 X 276820202 7752145 7752145 269068057 15152738 15152738 284220795 243998729 0 243998729 15152738 15152738 259151467 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) 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. X X 0 General Activities - Various 1592136 1592136 1592136 1592136 1592136 0 Students' Scholarships 30053 15152738 0 Part I, Line 2: Financial aid assistance are awarded based on US, State, and private guidelines as required by the type or source of assistance. X 0 1 X X X 0 1 0 0 0 0 0 0 0 Marilina Wayland Chancellor 137052 0 0 0 7200 0 6823 0 0 0 151075 0 0 0 Manuel J Fernos President of Inter American Universi 221530 0 83779 0 0 0 4657 0 0 0 309966 0 0 0 Part I, Line 1a An executive / officer received housing allowance as part of her compensation. A Universidad Interamericana de Puerto Rico 660177776 NoneAvail 2004-12-01 36750000 Bonds issued for new educational buildings 0 0 0 B Universidad Interamericana de Puerto Rico 660177776 noneAvail 2012-08-12 58455000 Bonds issued for new educational buildings 0 0 0 A 36923760 2519943 1372490 33031327 0 0 0 1 B 55413464 70733761 5017102 898264 9400000 4931 1 0 0 1 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 B 1 X Equipment 2 85000 FMV 0 0 0 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. Empresas Interex Inc PO Box 195274 Hato Rey PR 00918 660517257 Real Estate Operations RQ 266292 1199634