UNIVERSIDAD CENTRAL DE BAYAMON INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: UNIVERSIDAD CENTRAL DE BAYAMON INC (EIN 66-0259904)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-02-12
IRS object ID: 201330469349301938
Schema version: 2011v1.2
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 O
Schedule R
Reasonable Cause Explanation

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-02-12T12:57:09-07:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	660765480	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Torres Llompart Sanchez Ruiz LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 270233	AddressLine1
City	San Juan	City
State	PR	State
ZIP Code	009270233	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	660259904	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSIDAD CENTRAL DE BAYAMON INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	UNIV	NameControl
Phone	7877863030	Phone

Foreign Address ForeignAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1725	AddressLine1
City	BAYAMON	City
Province Or State	PUERTO RICO	ProvinceOrState
Country	RQ	Country
Postal Code	00960	PostalCode

Officer Officer

Field	Value	IRS element (for citing)
Name	LILLIAN NEGRON	Name
Title	PRESIDENT	Title
Phone	7877863030	Phone
Date Signed	2013-02-12	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Sylvia Reyes	Name
PTIN	P01515034	PTIN
Phone	7877584620	Phone
Date Prepared	2013-02-12	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	LILIAN NEGRON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1725	AddressLine1
City	BAYAMON	City
State	PR	State
ZIP Code	00960	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	12764148	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.UCB.EDU.PR	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1970	YearFormation
State Legal Domicile	PR	StateLegalDomicile
Activity Or Mission Description	UCB offers Master and Bachelor degrees and postsecondary programs to enrolled students (aprox 2500). Master and Bachelor degrees offered includes: Sciences, Business Administration and Education. Postsecondary programs include Computer Sciences, Business Administration and Educational Technology.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	16	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	16	NbrIndependentVotingMembers
Total Nbr Employees	315	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	1704877	ContributionsGrantsPriorYear
Contributions Grants Current Year	1450979	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	12756902	ProgramServiceRevenuePriorYear
Program Service Revenue CY	10659092	ProgramServiceRevenueCY
Investment Income Prior Year	592837	InvestmentIncomePriorYear
Investment Income Current Year	361716	InvestmentIncomeCurrentYear
Other Revenue Prior Year	474571	OtherRevenuePriorYear
Other Revenue Current Year	226037	OtherRevenueCurrentYear
Total Revenue Prior Year	15529187	TotalRevenuePriorYear
Total Revenue Current Year	12697824	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	6512628	SalariesEtcPriorYear
Salaries Etc Current Year	6900509	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	6495496	OtherExpensePriorYear
Other Expenses Current Year	6044426	OtherExpensesCurrentYear
Total Expenses Prior Year	13008124	TotalExpensesPriorYear
Total Expenses Current Year	12944935	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2521063	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-247111	RevenuesLessExpensesCY
Total Assets BOY	34285895	TotalAssetsBOY
Total Assets EOY	32276100	TotalAssetsEOY
Total Liabilities BOY	13168582	TotalLiabilitiesBOY
Total Liabilities EOY	13283375	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	21117313	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	18992725	NetAssetsOrFundBalancesEOY
Mission Description	UCB offers Master and Bachelor degrees and postsecondary programs to enrolled students (aprox 2,500). Master and Bachelors degree includes Science, Business Administration and Education. Postsecondary programs include Computer Sciences, Business Administration and Educational Technology. The institution encourge the integral development of the human being, spiritual comunitary and professional.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	11100364	Expense
Grants	0	Grants
Revenue	12110071	Revenue
Description	UCB offers Master and Bachelor degrees and postsecondary programs to enrolled students (aprox 2,500). Master and Bachelors degree includes Science, Business Administration and Education. Postsecondary programs include Computer Sciences, Business Administration and Educational Technology. The institution encourge the integral development of the human being, spiritual comunitary and professional.	Description
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	11100364	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	315	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	16	NbrVotingGoverningBodyMembers
Number Independent Voting Members	16	NumberIndependentVotingMembers
Family Or Business Relationship	1	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	0	WhistleblowerPolicy
Document Retention Policy	0	DocumentRetentionPolicy
Compensation Process CEO	0	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	FINANCE OFFICE	NamePerson
Telephone Number	7877863030	TelephoneNumber

Address Foreign AddressForeign

Field	Value	IRS element (for citing)
Address Line1	AVE ZAYA VERDE	AddressLine1
Address Line2	URB VALENCIA	AddressLine2
City	BAYAMON	City
Province Or State	PR	ProvinceOrState
Country	RQ	Country
Postal Code	00930	PostalCode

Form990 Part VII Section A Form990PartVIISectionA (27 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
ROSIMAR FERRER NIEVES
ADMINISTRATION DEAN	40	X	53561	0	4119
NIZA ZAYAS
STUDENT DEAN	40	X	46292	0	4105
ENID RIVERA
BUDGET DIRECTOR	40	X	41726	0	1810
PEDRO BERMUDEZ
DEVELOMENT DIRECTOR	40	X	50444	0	6125
ANNETTE VALENTIN
LIBRARY DIRECTOR	40	X	37383	0	1799
PURA ECHANDI
ACADEMIC AFFAIRS DEAN/ DIRECTOR	40	X	69538	0	3823
NIDIA COLON QUINTANA
BUSINESS ADMINISTRATION DIRECTOR	40	X	44729	0	1815
CAROLINE GONZALEZ
EDUCATIONAL DEPARTMENT/ DIRECTOR	40	X	45215	0	6109
OSCAR CRUZ CUEVAS
HUMANITIES DEPARTMENT DIRECTOR	40	X	44215	0	6109
WANDA APONTE
CEDEPT DIRECTOR	40	X	32793	0	82
MIRIAM SILVA
DIRECTOR CENTRO DE CUIDO DE NINOS	40	X	27934	0	910
JOSE M TORAL
PRESIDENT BOT	2	X	0	0	0
P MARCOS ESPINEL
PRESIDENT FOUNDERS COUNCIL	2	X	0	0	0
RAFAEL VAZQUEZ
TRUSTEE	2	X	0	0	0
FR OSCAR MORALES CRUZ
TRUSTEE	2	X	0	0	0
FR ANGEL VALENTIN ROMAN
TRUSTEE	2	X	0	0	0
FR MARIO A RODRIGUEZ
TRUSTEE	2	X	0	0	0
FR YAMIL SAMALOT
TRUSTEE	2	X	0	0	0
CARMEN QUINONES
TRUSTEE	2	X	0	0	0
ING BETZAIDA MARRERO
TRUSTEE	2	X	0	0	0
DRA MAYRA ROSARIO
TRUSTEE	2	X	0	0	0
CPA PABLO MORALES
TRUSTEE	2	X	0	0	0
LILLIAN NEGRON COLON
PRESIDENT	40	X	98100	0	5672	X
VIRNA RIVERA
HUMAN RESOURCES DIRECTOR	40	X	28800	0	3813
PEDRO ROBLES CENTENO
SCIENCE DEPARTMENT DIRECTOR	40	X	27830	0	1471
NITZA MARQUEZ
GRADUATE PROGRAM DIRECTOR	40	X	45692	0	2292
MARIBEL ARIAS
DIRECTOR CENTRO DE CUIDO DE NINOS	40	X	12784	0	889

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	707036	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	50943	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressForeign/AddressLine1	CityAddressOfContractor/AddressForeign/City	Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState	CountryAddressOfContractor/AddressForeign/Country	Postal CodeAddressOfContractor/AddressForeign/PostalCode	Description Of ServicesDescriptionOfServices	CompensationCompensation	Address Line2AddressOfContractor/AddressForeign/AddressLine2
TEN MARKETING
PO BOX 367153	SAN JUAN	PR	RQ	00936-7153	MARKETING	228001
MULTI-CLEAN
B16 CALLE 1	RIO PIEDRAS	PUERTO RICO	RQ	00926	MAINTENANCE	135683	URB FAIRVIEW

Field	Value	IRS element (for citing)
Federated Campaigns	0	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	0	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	1450979	GovernmentGrants
All Other Contributions	0	AllOtherContributions
Noncash Contributions	0	NoncashContributions
Total Contributions	1450979	TotalContributions

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10659092	TotalRevenueColumn
Related Or Exempt Function Income	10659092	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	10659092	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	238478	TotalRevenueColumn
Related Or Exempt Function Income	238478	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	189562	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	66324	Securities
Other	0	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	123238	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	123238	TotalRevenueColumn
Related Or Exempt Function Income	123238	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Cntrbtns Rprtd Fundraising Events	0	CntrbtnsRprtdFundraisingEvents

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	AUXILIARY ENTERPRISES	Description
Business Code	611310	BusinessCode
Total Revenue Column	226037	TotalRevenueColumn
Related Or Exempt Function Income	226037	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	226037	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	12697824	TotalRevenueColumn
Related Or Exempt Function Income	11246845	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	757979	Total
Program Services	413412	ProgramServices
Management And General	344567	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	5229682	Total
Program Services	4949570	ProgramServices
Management And General	280112	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	72646	Total
Program Services	59554	ProgramServices
Management And General	13092	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	296378	Total
Program Services	228565	ProgramServices
Management And General	67813	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	543824	Total
Program Services	466105	ProgramServices
Management And General	77719	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	52127	Total
Management And General	52127	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	42652	Total
Program Services	0	ProgramServices
Management And General	42652	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	680925	Total
Program Services	583970	ProgramServices
Management And General	96955	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	379097	Total
Program Services	379097	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	124953	Total
Program Services	65732	ProgramServices
Management And General	59221	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	70099	Total
Program Services	51009	ProgramServices
Management And General	19090	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	74300	Total
Program Services	19208	ProgramServices
Management And General	55092	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	613932	Total
Program Services	613932	ProgramServices
Management And General	0	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1107813	Total
Program Services	1107813	ProgramServices
Management And General	0	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	239768	Total
Program Services	237340	ProgramServices
Management And General	2428	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
UTILITIES	928304	928304	0
STUDENT RELATED EXPENSES	1224510	668816	555694
BAD DEBT EXPENSE	7519	7519	0
OPERATIONAL EXPENSES	498427	320418	178009

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	12944935	Total
Program Services	11100364	ProgramServices
Management And General	1844571	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2404610	BOY
EOY	1900480	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2747450	BOY
EOY	2864920	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	21410	BOY
EOY	20500	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	153241	BOY
EOY	460263	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	39873398	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	20258346	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	20976330	BOY
EOY	19615052	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	2777740	BOY
EOY	5243523	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	5205114	BOY
EOY	2171362	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	34285895	BOY
EOY	32276100	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3225377	BOY
EOY	3217022	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1439627	BOY
EOY	1858988	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	7417078	BOY
EOY	7230615	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1086500	BOY
EOY	976750	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	13168582	BOY
EOY	13283375	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	18702976	BOY
EOY	18992725	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2414337	BOY
EOY	0	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	21117313	BOY
EOY	18992725	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	34285895	BOY
EOY	32276100	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-247111	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1877477	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	956765	OtherCostOrOtherBasis
Book Value	956765	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	17745772	OtherCostOrOtherBasis
Depreciation	5649736	Depreciation
Book Value	12096036	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	7211749	OtherCostOrOtherBasis
Depreciation	3871281	Depreciation
Book Value	3340468	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	10703205	OtherCostOrOtherBasis
Depreciation	7798156	Depreciation
Book Value	2905049	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	3255907	OtherCostOrOtherBasis
Depreciation	2939173	Depreciation
Book Value	316734	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	19615052	TotalOfBookValueLandBuildings

Other Securities OtherSecurities

Field	Value	IRS element (for citing)
Description	Fixed Income Investments	Description
Book Value	2171362	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Securities	2171362	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
PAYROLL TAX WITHHELD	$368,632
OBLIGATIONS UNDER CAPITAL LEASES	$608,118

Field	Value	IRS element (for citing)
Total Of Amounts	976750	TotalOfAmounts
Total Revenue	12697824	TotalRevenue
Total Expenses	12944935	TotalExpenses
Excess Or Deficit For Year	-247111	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-531063	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	$0	OtherAmount
Total Adjustments	-531063	TotalAdjustments
Excess Or Deficit Per FS	-778174	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	12697824	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	0	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	0	OtherRevenues
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	12697824	RevenueSubtotal
Investment Expenses Not Included	0	InvestmentExpensesNotIncluded
Other Revenues Not Included	0	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	12697824	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	13475998	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	531063	OtherExpensesIncluded
Expenses Not Rptd F990	531063	ExpensesNotRptdF990
Expenses Subtotal	12944935	ExpensesSubtotal
Investment Expenses Not Included2	0	InvestmentExpensesNotIncluded2
Other Expenses Not Included	0	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	12944935	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	SchD_P13_S00_L02d	Identifier
Return Reference	Schedule D, Part XIII, Line 2d	ReturnReference
Explanation	Unrealized loss on Investment	Explanation

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchE_P01_S00_L03	Schedule E, Part I, Line 3	The advertising of the university includes the non discriminatory statement.
SchE_P01_S00_L06	Schedule E, Part I, Line 6	The Organization receive grants for students from the Puerto Rico Higher Education Council.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0A_L02	Form 990, Part VI, Section A, Line 2	Family relations- Luz Vallellanes assistant of the president is the mother of Diorvanessa Jimenez, principal assistant of office systems; Fray Angel Valentin, trustee and Annette Valentin, library director are brothers.
F990_P06_S0B_L11b	Form 990, Part VI, Section B, Line 11b	The return is prepared by the certified public accountants (CPA) using the audited financial statements information. Then, the CPA send a drat to the Administration Dean, for its review. If everything is correct, the return is approved to be send to the IRS.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	The board of directors verify and approve all contracts.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	The organization has the financial statements publish in the clearing house office. The conflict of interest policy is available in the university catalog.
F990_P11_S00_L05	Form 990, Part XI, Line 5	The other changes in fund balances represent a unrealized gain on investment of $531,063 and a prior year adjustment of $1,346,414

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	CENTRO DE ESTUDIOS DOMINICOS DEL CARIBE	BusinessNameLine1

Address Foreign AddressForeign

Field	Value	IRS element (for citing)
Address Line1	URB VALENCIA	AddressLine1
City	BAYAMON	City
Province Or State	PR	ProvinceOrState
Country	RQ	Country
Postal Code	00930	PostalCode

Field	Value	IRS element (for citing)
Primary Activities	RELIGIOUS SEMINARS AND EDUCATION	PrimaryActivities
Legal Domicile State	PR	LegalDomicileState
Direct Controlling Entity NA	N/A	DirectControllingEntityNA

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Reasonable Cause Explanation ReasonableCauseExplanation

Field	Value	IRS element (for citing)
Explanation	An extension of time was granted by the IRS	Explanation