2014-02-14T11:14:45-07:00 2013-06-30 660718138 NEXIA CARDONA & CO CPA PSC 1250 PONCE DE LEON AVE SUITE 500 SAN JUAN PR 00907 990 2012-07-01 660234412 CARLOS ALBIZU UNIVERSITY CARL 7877256500 PO Box 9023711 San Juan RQ 00902-3711 Sylvia Lopez 7877256500 2013-11-26 1 GABRIEL VIERA P01535014 7875220300 2014-02-04 2012 2015-11-30 17:44:51Z Carlos Albizu University PO Box 9023711 San Juan PR 009023711 27699732 0 X www.albizu.edu X 1966 PR Carlos Albizu University is an institution of higher education dedicated to academic excellence and research from a puralistic and multidimensional perspective. We educatestudents able to serve a higher complex and diverse society, with sensitivity to those most in need. We contribute to the improvement the quality in our communities by training professionals with multicultural competencies. We distinguish ourselves through an educational philosophy based on a commitment to social responsibility, characteristic of all our programs and services. 11 0 502 0 0 0 2298340 1562656 20929982 20321115 1013563 462141 5123434 5089787 29365319 27435699 0 0 0 0 12646676 13071252 0 0 431879 12500069 11013995 25146745 24085247 4218574 3350452 44520296 48343038 15245301 15834273 29274995 32508765 Carlos Albizu University is an institution of higher education dedicated to academic excellence and research from a puralistic and multidimensional perspective. We educate students able to serve a higher complex and diverse society, with sensitivity to those most in need. We contribute to the improvement the quality in our communities by training professionals with multicultural competencies. We distinguish ourselves through an educational philosophy based on a commitment to social responsibility, characteristic of all our programs and services. 0 0 17408810 0 0 Postsecondary Education, General/Other: Multidisciplinary institution that provide quality training at both graduate and undergraduate levels. This training is address to help minorities to achieve their goals in a multicultural environment. 0 0 0 Mental Health Clinic 0 0 0 17408810 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 2562 0 1 502 1 0 0 0 0 0 0 X 11 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 FL PR X Carlos Albizu University 7877256500 PO Box 9023711 San Juan Puerto Rico RQ 009020-3711 Dr Ileana Rodriguez Garcia 37.5 0 X 168300 0 0 Ram Sarup Lamba 37.5 0 X 114731 0 0 Dr Carmen Roca 37.5 0 X 155982 0 0 Dr Jose Cabiya 37.50 0 X 94673 0 0 Dra Ana Pi 37.5 0 X 124218 0 0 Irene M Bravo 37.5 0 X 115830 0 0 Anabel Alvarez Jimenez 37.5 0 X 105768 0 0 Diana Barroso 37.5 0 X 96000 0 0 Rafael Martinez 37.5 0 X 94225 0 0 1069727 0 0 6 0 1 0 Ellucian 4375 Fair Lakes Court Fairfax VA 22033 Technology 292132 Novoa Electrical Contractors Inc 1580 West 38th Place Suite 3 Hialeah FL 33012 Electrical Repair 159652 Cobimet Inc PO Box 12383 San Juan PR 00914 Consulting 125668 Scalas Group Inc 9125 SW 147 Ct Miami FL 33196 Custodial 115340 ABM Security Services Inc 5447 Hghway 70 Suite 20 Morehead City NC 28557 Security 108720 5 0 0 0 0 1562656 0 0 1562656 Tuition Revenue 611310 20321115 20321115 0 0 0 0 0 0 20321115 462141 462141 0 0 0 0 0 0 0 0 0 0 917204 0 190232 73801 726972 -73801 653171 653171 0 0 0 0 0 Contributions 611310 3929441 3929441 0 0 Gain in obligation under interest swap 611310 538255 538255 0 0 Unrealized loss of investments 611310 -378192 -378192 0 0 347112 347112 0 0 4436616 27435699 25873043 0 0 0 0 0 0 0 0 0 0 155982 155982 0 0 0 0 0 0 9925841 8141282 1381760 402799 566696 489310 72913 4473 1474892 1110356 353297 11239 947841 829652 109833 8356 0 0 0 0 237050 133663 103387 0 66269 66269 0 0 0 0 0 0 0 0 0 0 0 0 275341 135247 140094 0 967221 649768 317453 0 259704 251304 8255 145 325043 325043 0 0 0 0 0 0 2019953 687796 1332157 0 236588 146856 88054 1678 0 0 0 0 42554 35749 6805 0 380206 0 380206 0 0 0 0 0 1228179 665129 563050 0 495708 99665 396043 0 EQUIPMENT EXPENSE 757355 566729 189182 1444 SUBSCRPTIONS & MEMBERSHIPS 453584 415653 37424 507 BOND AGREEMENT 473045 364970 108075 0 STUDENT EXPENSE 568349 537801 30548 0 2227846 1600586 626022 1238 24085247 17408810 6244558 431879 6044505 7919663 299374 24714 497289 573242 3459811 1734256 0 0 0 0 0 0 0 0 572963 662117 24338688 6812789 17646065 17525899 15903792 19805249 0 0 0 0 0 0 96497 97898 44520296 48343038 1594650 1854119 0 0 3993167 2060925 0 0 0 0 0 0 9657484 11919229 0 0 0 15245301 15834273 X 25667548 28619249 3607447 3889516 0 0 29274995 32508765 44520296 48343038 X 3350452 0 0 0 0 -116682 X 0 1 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1213132 1950335 758098 0 0 0 3921565 1000477 170873 41782 0 0 0 1213132 943265 0 57212 0 0 0 1000477 874614 4636 64770 0 0 755 943265 819190 10325 51437 0 0 6338 874614 0 0 1 0 0 7200000 0 7200000 5676522 0 1900285 3776237 5318977 0 1621403 3697574 3929634 0 2993384 936250 2213555 0 297717 1915838 17525899 27699732 0 0 0 0 0 27699732 0 -264033 -264033 27435699 24349280 0 0 0 0 0 24349280 0 -264033 -264033 24085247 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The intended uses of the organization's endowment funds is to offer scholarships for students. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Rent Expense SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rent Expense 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The Institutional catalogue and official documents disclose this policy. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The Institution receives financial aid from the Department of Education. X 1 1 X 0 0 0 0 0 0 0 0 0 Dr Carmen Roca 155982 0 0 0 0 0 7799 0 3300 0 167081 0 0 Dra Ana Pi 124218 0 0 0 0 0 6211 0 2500 0 132929 0 0 0 Irene M Bravo 115830 0 0 0 0 0 5792 0 2500 0 124122 0 0 0 Anabel Alvarez Jimenez 105768 0 0 0 0 0 5288 0 3300 0 114356 0 0 0 Diana Barroso 96000 0 0 0 0 0 4800 0 2400 0 103200 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The President of the Institution is the only official who receives housing allowance, the written employment contract stipulates an allowance in the amount of $24,000 annually. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b To complete the 990 we use several methods for review of information; such as audited financial statements, worksheets as backup for several schedules, review with other institutional personnel for questions concerning specific policies and practices, and certain Board committees for questions regarding governance and policies. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c A document "Formulario de Certificacion y Divulgacion Anual sobre Conflicto de Intereses" is distributed to members of the Board annually, and will also be distributed to University constituents. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 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. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 This documents are available upon request F990_P11_S00_L09 Form 990, Part XI, Line 9 As per Financial Statements there are Non recurring expenses of $116,683 Mental Health Community PO Box 902371 San Juan Puerto Rico RQ 00902-3711 660569832 Phsycological Services RQ In Process In Process Mental Health Community 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 Mental Health Community q 364970 Contribution from UCA to CA Mental Health Community q 193305 In kind UCA to CA Mental Health Community p 507780 As per the amount billed for mediacal & retirement plan, insurance, and others. We currently had a valid extension of time to file form 990.