2026-05-15T15:00:47-07:00 2025-06-30 990 2024-07-01 660177776 INTER AMERICAN UNIVERSITY OF PUERTO RICO INTE 7877661912 PO Box 363255 San Juan PR 00936 Julio Micheo Martinez Finance VP 7877661912 2026-03-23 1 2024 2025-03-06 01:10:19Z Julio Micheo Martinez PO BOX 363255 SAN JUAN PR 009363255 247725714 0 X www.inter.edu X 1912 PR THE UNIVERSIDAD INTERAMERICANA DE PUERTO RICO, INC. IS A HIGHER EDUCATION INSTITUTION PURSUING QUALITY THRU ACADEMIC EXCELLENCE WITH EMPHASIS IN THE FORMATION OF PEOPLE WITH HIGH STANDARDS, ETHICAL AND DEMOCRATECALLY VALUES. 16 16 2694 0 1273832 0 39137030 35278816 163901268 171694997 11780619 9877328 26408731 29529297 241227648 246380438 9874559 9558725 0 0 125674972 124707322 0 0 43090 108753341 116706351 244302872 250972398 -3075224 -4591960 785275436 812184680 80690835 78471768 704584601 733712912 THE UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC, IS A HIGHER EDUCATION INSTITUTION PURSUING QUALITY THRU ACADEMIC EXCELLENCE WITH EMPHASIS IN THE FORMATION OF PEOPLE WITH HIGHER STANDARDS, ETHICAL AND DEMOCRATICALLY VALUES. 0 0 167459374 9558725 246380438 DURING THE 2024-2025 FISCAL YEAR, THE UNIVERSITY PROVIDED EDUCATIONAL SERVICES FOR OVER 25,069 STUDENTS ON ITS CAMPUS AND CENTERS. OVER 5,307 EDUCATIONAL DEGREES WERE GRANTED IN SEVERAL FIELDS OF STUDIES RANGING FROM ASSOCIATES UP TO DOCTORAL DEGREES, OPTOMETRY DEGREES AND LAW DEGREES. 0 0 0 167459374 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 1 2694 1 0 1 PM 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 FL X JULIO MICHEO 7877661912 PO BOX 363255 SAN JUAN PR 00936 RAFAEL RAMIREZ PRESIDENT 40 X X 181020 0 9021 ORLANDO GONZALEZ GONZALEZ VP OF FINANCE 40 0 X X 143940 0 6000 MARILINA LUCCA WAYLAND CHANCELLOR 40 0 X 138432 0 6892 JULIO FONTANET MALDONADO DEAN 40 X 126204 0 6280 VILMA COLON ACOSTA CHANCELLOR 40 0 X 115464 0 5743 JACQUELINE ALVAREZ PENA VP ACADEMIC AFFAIRS 40 0 X 121100 0 0 ANDRES PAGAN FIGUEROA DEAN 40 0 X 110400 0 5490 ELIE AGESILAS CHANCELLOR 40 0 X 110220 0 5481 CARLOS OLIVARES CHANCELLOR 40 0 X 109260 0 5433 VILMA MARTINEZ TORO DEAN 40 0 X 108600 0 5400 KAREN WOOLCOCK RODRIGUEZ DEAN 40 0 X 108600 0 3600 JUAN NEGRON BERRIOS CHANCELLOR 40 0 X 103134 0 5127 JOSE ROMERO VAZQUEZ CHANCELLOR 40 0 X 96855 0 4813 RAFAEL CANALES PASTRANA CHANCELLOR 40 0 X 96600 0 4800 VICTOR FELIBERTY RUBERTE DEAN 40 0 X 85368 0 4239 EVELYN CASTILLO SORRENTINI DEAN 40 0 X 75216 0 3731 NORBERTO DOMINGUEZ RODRIGUEZ VP OF RELIGIOUS AFFAIRS 40 0 X 71520 0 3546 NYDIA FELICIANO BURGOS DEAN 40 0 X 39194 0 1938 ANTHONY RIVERA GONZALEZ DEAN 40 0 X 29580 0 1109 REBECA ACEVEDO RIVERA DEAN 40 0 X 22684 0 1134 ELIEZER ALVAREZ DIAZ VICE CHAIRMAN 10 0 X 0 0 0 RAMON AYALA CUERVOS BOARD MEMBER 10 0 X 0 0 0 GLORIA CORDERO GONZALEZ BOARD MEMBER 10 0 X 0 0 0 JUAN G FELICIANO VALERA BOARD MEMBER 10 0 X 0 0 0 JOSE A FIGUEROA SANTAELLA BOARD MEMBER 10 0 X 0 0 0 JORGE L FUENTES BENEJAN BOARD MEMBER 40 0 X 0 0 0 SAMUEL LIZARDI RIVERA TREASURER OF THE BOARD 10 0 X 0 0 0 DOMINGO MAS RIVERA CHAIRMAN OF THE BOARD 10 0 X 0 0 0 AIDA N MOLINARY DE LA CRUZ ASSISTANT SECRETARY 10.00 0 X 0 0 0 MANUELITA MUNOZ RIVERA DEPUTY TREASURER 10 0 X 0 0 0 ANTONIO R PAVIA BIBILONI BOARD MEMEBER 10 0 X 0 0 0 FELIPE PIAZZA VAZQUEZ BOARD MEMBER 10 0 X 0 0 0 VICTOR RIVERA HERNANDEZ BOARD MEMBER 10 0 X 0 0 0 MARCELINA VELEZ DE SANTIAGO SECRETARY OF THE BOARD 10 0 X 0 0 0 CARMEN L NARVAEZ CUEVAS BOARD MEMBER 10 X 0 0 0 IRIS DALILA SANTONI ORTIZ BOARD MEMBER 10 0 X 0 0 0 1993391 0 89777 12 1 1 0 TRIPLE S SALUD PO BOX 363628 SAN JUAN PR 00936 INSURANCE 9911547 AIG INSURANCE CO OF PUERTO RICO PO BOX 10181 SAN JUAN PR 00908 INSURANCE 3162656 US GUARD LLC PR 110 KM 119 AGUADILLA PR 00603 SECURITY 2933943 ELLUCIAN 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 606930625 SOFTWARE 2138196 COOP AHORRO Y CREDITO-INTERMETRO PO Box 195346 SAN JUAN PR 009195346 FINANCIAL AND NON-FINANCIAL SERVICES 2084322 150 0 0 585669 0 34693147 0 0 35278816 TUITION AND FEES 611310 171694997 171694997 0 0 0 0 0 0 171694997 6068251 0 0 6068251 0 0 0 0 0 0 0 0 0 0 5154353 0 0 1345276 5154353 -1345276 3809077 -2524676 1179400 5154353 585669 AUXILIARY ENTERPRISES 900099 22585241 22585241 0 0 OTHER SOURCES 900099 6718016 6718016 0 0 REVENUE FROM EXTERNAL SUBSISIARY 611310 226040 131608 94432 0 0 0 0 0 29529297 246380438 198605186 1273832 11222604 0 0 9558725 9558725 2139869 2139869 98470275 83865926 14600670 3679 2697548 2101529 596019 12025685 8180380 3845305 9373945 6359722 3013942 281 737543 180 737363 348873 348873 65000 0 65000 23720855 13513581 10204414 2860 3630185 1194127 2436058 703314 413951 289363 4239225 1237213 3002012 1393 1393 425352 286915 131810 6627 471857 363423 108434 911971 633060 278911 1601747 1066823 534924 28192329 15662771 12528698 860 6097785 10928 6086857 UTILITIES 15827420 2260338 13567082 ADMINISTRATIVE EXPENSES 8606668 8008317 585002 13349 STUDENT RELATED EXPENSES 4572921 4509074 53810 10037 EDUCATIONAL LAB MATERIAL 2553577 2525233 26964 1380 13998336 5705765 8288554 4017 250972398 167459374 83469934 43090 104657908 112852760 682333 10430057 11517062 3012364 4130929 0 0 673692 645831 0 9325665 9437789 715615844 413183319 323236254 302432525 322096594 358111601 11842902 12373850 785275436 812184680 29519078 28248591 3086582 5155597 37291030 33022899 940543 646912 9853602 11397769 80690835 78471768 X 702184166 731155782 2400435 2557130 704584601 733712912 785275436 812184680 -4591960 33720271 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5 0 0 0 0 0 2557130 0 0 0 0 279663 0 0 X X X X 0 322378718 194554 42480447 -16849 5584021 692982 358793565 291417203 130627 36580220 15977 5373238 360117 322378718 265727340 557302 30714079 7467 5198293 375758 291417203 321375638 558107 -50992436 23345 4710664 479960 265727340 260807934 638864 72935175 18968 12476943 510424 321375638 0.9928 0.0055 0.0017 0 0 0 46841763 46841763 0 373442178 247213548 126228630 0 41613747 2640053 38973694 0 176931598 113417080 63514518 0 76786558 49912638 26873920 302432525 0 0 DOMESTIC AND INTERANATIONAL EQUITY 233618945 F FIXED INCOME 74455475 F HEDGE FUNDS 33933157 F ALL ASSETS 16104024 F 358111601 0 DEFERRED COMPENSATION 7535935 OPERATING LEASE LIABILITY 3629528 STUDENTS' DEPOSIT 232306 11397769 X 280100709 33720271 0 0 0 33720271 246380438 0 0 0 246380438 241413673 0 0 0 0 0 241413673 0 9558725 9558725 250972398 Schedule D, Part III, Line 4 THE UNIVERSITY HAS RECEIVED SEVERAL WORK OF ARTS FROM DISTINGUISHED WRITERS, ARTISTS, INDIVIDUALS AND COMPANIES FOR EDUCATIONAL EXHIBITION PRESENTATION AND RESEARCH. Schedule D, Part V, Line 4 THE INVESTMENT COMMITTEE IN COMPLIANCE WITH THE MANDATE OF BOARD OF TRUSTEES WILL DEFINE, IMPLEMENT, REVIEW, EVALUATE AND MODIFY WHERE APPROPRIATE, THE INVESTMENT POLICY FOR THE MANAGEMENT OF THE INTER AMERICAN UNIVERSITY ENDOWMENT ASSETS BASED ON SUCH POLICY. THE GOAL OF THE INVESTMENT PROGRAM FOR THE ENDOWMENT IS TO PROVIDE A REAL TOTAL RETURN FROM ASSETS INVESTED THAT WILL PRESERVE THE PURCHASING POWER OF THE ENDOWMENT ASSETS WHILE GENERATING AN INCOME STREAM TO SUPPORT THE ACTIVITIES OF THE COLLEGES AND UNITS OF THE UNIVERSITY. Schedule D, 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 PROVISIONS 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 OF WHICH THE CHANGE IN JUDGEMENT OCCURS. THE UNIVERSITY RECORDS INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES UNDER THE INSTITUTIONAL SUPPORT EXPENSES. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY IF THE UNIVERSITY HAS TAKEN ANY UNCERTAIN TAX POSITION THAT MORE LIKELY THAN THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE PUERTO RICO DEPARTMENT OF TREASURY. MANAGEMENT HAS ANALYZED THAT TAX POSITIONS TAKEN BY THE UNIVERSITY AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2d External Subsidiaries Revenues: $131,608. Schedule D, Part XII, Line 4b STUDENTS SCHOLARSHIPS $9,558,725. 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 INC 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. THE UNIVERSITY PARTICIPATES IN VARIOUS FEDERALLY FUND PROGRAMS OF THE U.S. DEPARTMENT OF EDUCATION (THE DEPARTMENT). INCLUDING PROGRAMS OF THE STUDENT FINANCIAL ASSISTANCE UNDER TITLE IV OF THE HIGHER EDUCATION ACT OF 1965 AS AMENDED. THESE FINANCIAL ASSISTANCE PROGRAMS ARE ROUTINELY SUBJECT TO FINANCIAL AND COMPLIANCE AUDITS IN ACCORDANCE WITH THE PROVISIONS OF THE OFFICE OF MANAGEMENT AND BUDGET UNIFORM ADMINISTRATIVE REQURIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS, OR COMPLIANCE AUDITS BY THE GRANTOR AND/OR FEDERAL AGENCY. THE REPORTS ON THE AUDITS OF THESE PROGRAMS WHICH ARE CONDUCTED PURSUANT TO THE REGULATORY REQUIREMENTS BY THE EXTERNAL AUDITORS FOR THE UNIVERSITY, ARE REQUIRED TO BE SUBMITTED TO THE DEPARTMENT AND VARIOUS GOVERNMENT AGENCIES. SUCH GOVERNMENT AGENCIES HAVE THE AUTHORITY TO DETERMINE LIABILITIES AS WELL AS TO LIMIT, SUSPEND, OR TERMINATE STUDENT FINANCIAL ASSISTANCE PROGRAMS. REVENUE FROM U.S. GOVERNMENT AND COMMONWEALTH OF PUERTO RICO GRANTS, AND CONTRACTS IS RECOGNIZED AS IT IS SPENT IN ACCORDANCE WITH THE CORRESPONDING AGREEMENT. FUNDS RECEIVED FOR STUDENT FINANCIAL ASSISTANCE (PRINCIPALLY, PELL GRANT AND DIRECT LOANS) THAT ARE AWARDED DIRECTLY TO STUDENTS ARE EXCLUDED FROM REVENUE AND EXPENSSES. TEMPORARILY RESTRICTED NET ASSETS CONSIST MAINLY OF FEDERAL GRANTS RECEIVED FROM THE DEPARTMENT UNDER THE TITLE V PROGRAM, STRENGTHENING INSTITUTIONS PROGRAM GRANT, TOGETHER WITH THE INCOME EARNED ON THAT AMOUNT. THE UNIVERSITY MATCHES THIS GRANT IN ACCORDANCE WITH DONOR STIPULATIONS. 1 Central America and the Caribbean 1 4 Program Services EDUCATIONAL-TUITION 275208 1 4 275208 0 0 1 0 0 0 Schedule F, Part I, Line 2 THE UNIVERSITY USES THE SAME PROCEDURES AND GUIDELINES TO ASSIGN GRANTS TO STUDENTS IN FOREIGN LOCATION (PANAMA). STUDENTS WHO QUALIFY FOR GRANTS MEET THE SAME GUIDELINES AND COMPLIANCE STRUCTURE AS PUERTO RICO/US BASED STUDENTS. GENERAL ACTIVITIES 585669 0 585669 0 0 0 0 0 0 0 0 585669 0 585669 0 0 0 0 0 0 0 585669 1 STUDENT SCHOLARSHIP 13000 9558725 0 Schedule I, Part I, Line 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. FINANCIAL AID ASSISTANCE ARE AWARDED BASED ON US, STATE AND PRIVATE GUIDELINES AS REQUIRED BY THE TYPE OR SOURCE OF ASSISTANCE. X 1 1 X X X 0 1 1 0 0 0 0 0 0 RAFAEL RAMIREZ PRESIDENT 181020 0 0 0 0 0 9021 0 0 0 190041 0 0 0 ANDRES PAGAN FIGUEROA DEAN 110400 0 0 0 0 0 5490 0 0 0 115890 0 0 0 Schedule J, Part I, Line 1a An executive/Officer received housing allowances as part of her compensation. Schedule J, Part I, Line 4 NONQUALIFIED:RAFAELRAMIREZ 35,341; ANDRES PAGAN:3,000. A UNIVERSIDAD INTERAMERICANA DE PUERTO RICO 660177776 745272EC4 2004-12-01 36923760 VARIOUS PROJECT 0 0 0 B UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC 660177776 745272FP4 2012-08-07 63876350 SEE PART VI 0 0 0 C UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC 660177776 745272GT5 2019-05-22 23006312 SEE PART VI 0 0 0 A 0 0 36923760 2519943 0 0 1372490 0 0 33031327 0 0 2017 0 0 1 1 B 48554552 0 63876350 5017102 0 0 904696 0 0 9400000 0 0 2015 0 0 1 1 C 0 0 23006312 1643296 0 0 540540 0 0 20822476 0 0 2021 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 Schedule K, Part I-12/01/2004 36,923,760 UNIVERSIDAD INTERAMERICANA DE PUERTO RICO UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC. PUERTO RICO INDUSTRIAL TOURIST VARIOUS PROJECTS. Schedule K, Part I-08/07/2012 63,876,350 UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC. FACILITIES FINANCING AUTHORITY REVENUE BOND REFUNDING AND VARIOUS PROJECTS. Schedule K, Part I-05/22/2019 23,006,312 UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC UNIVERSIDAD INTERAMERICANA DE PUERTO RICO INC. PUERTO RICO INDUSTRIAL TOURIST EDU REVENUE BOND METRO DORMITORIES. Form 990, Part VI, Section A, Line 7a THE BOARD OF TRUSTEES HAS AN INTERNAL PROCEDURE TO EVALUATE, NOMINATE, AND VOTE FOR THE POSITIONS. Form 990, Part VI, Section B, Line 11b A PRINTED COPY OF THE 990 RETURN IS PRESENTED TO THE BOARD OF TRUSTEES PRIOR FORMAL FILING TO THE IRS. THE RETURN IS COMPILED AND CALCULATED BASED UPON ITS AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION GATHERED FROM THE UNIVERSITY'S INTERNAL REPORTING SYSTEM. Form 990, Part VI, Section B, Line 12c THE INSTITUTION HAS A WRITTEN POLICY AND 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 a. THE HUMAN RESOURCES OFFICE COMPLIES MARKET DATA, TRENDS, AND OTHER INFORMATION TO ASSESS THE PERSONNEL'S COMPENSATIONS. IN ADDITION, FOR SOME POSITIONS THERE ARE COMMITTEES BEING ASSIGNED TO REVIEW AND EVALUATE PROSPECTIVE PERSONNEL. b. THE COMPENSATION OF OFFICERS, DIRECTORS AND KEY EMPLOYEES IS BASED ON COMPARATIVE DATA FOR THE PROFESSIONAL DISCIPLINE IN THE MARKET AND WITH OTHER HIGHER EDUCATION INSTITUTIONS IN PUERTO RICO. Form 990, Part VI, Section C, Line 19 THE INSTITUTION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND IN ITS WEB SITE. CENTRO UNIVERSITARIO INTER PANAMA CALLE LUIS BONILLA 117 CIUDAD DEL SABER PM PM 0843-03081 878211062 EDUCATION PM 131608 633342 INTER EMPRESAS INTEREX PO BOX 195274 HATO REY PR 00918 660517257 REAL ESTATE PR INTER C 87689 2680566 1 0 INTER AGRICOLA CORP CALL BOX 10004 GUAYAMA PR 00785 660859450 AGRICULTURE PR INTER C 6743 431061 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0