2023-04-20T10:48:43-05:00 2022-07-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2021-08-01 412096004 ANA G MENDEZ UNIVERSITY INC ANAG 4075636501 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 NICHOLAS NATALIZIO VP OF ADMIN. AND OPERATIONS 4075636501 2023-04-20 1 NICHOLAS NATALIZIO XXX-XX-XXXX HARRY E HARP CPA P00176471 4077405400 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z NICHOLAS NATALIZIO 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 55828300 0 X WWW.AGMU.EDU X 2003 DE TO PROVIDE INSTRUCTIONAL ACTIVITIES FOR THE PURPOSE OF IMPROVING STUDENTS' CAPABILITIES. 6 5 1185 0 0 0 3232400 3417510 34017484 51406624 -75662 12954 0 991212 37174222 55828300 35148 60647 0 0 18343586 35052970 0 0 0 17624146 20614274 36002880 55727891 1171342 100409 13019844 37164923 14225883 38371222 -1206039 -1206299 ANA G MENDEZ UNIVERSITY INC.'S MISSION IS TO IMPROVE STUDENTS' CAPABILITIES BY PROVIDING A REGULAR FACULTY AND A REGULARLY ENROLLED BODY OF STUDENTS AT LOCATIONS, INCLUDING ONLINE, WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. 0 0 37806403 60647 52397836 ANA G MENDEZ UNIVERSITY, INC. OPERATES ACCELERATED, DUAL LANGUAGE EDUCATIONAL PROGRAMS THAT EDUCATE STUDENTS NOT ONLY IN THEIR AREA OF SPECIALTY, BUT MAXIMIZE STUDENTS' LINGUISTIC SKILLS IN ENGLISH AND IN SPANISH THROUGH CREATING EDUCATIONAL PRODUCTS AND SERVICES DESIGNED TO MEET THE NEEDS AND EXPECTATIONS OF THE COMMUNITY, FACILITATING ACCESS TO QUALITY HIGHER EDUCATION, ESTABLISHING EDUCATIONAL FACILITIES TO SERVE SPECIFIC MARKETS AND DEVELOPING STRATEGIC PARTNERSHIPS WITH OTHER EDUCATIONAL ENTITIES. 37806403 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 192 0 1185 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4075636501 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 JOSE F MENDEZ MENDEZ PRESIDENT 40.00 X X 284986 0 9764 HERMINIO MARTINEZ CHAIR 5.00 X X 0 0 0 MIGDALIA TORRES BOARD MEMBER 5.00 X 0 0 0 DELIA CASTILLO DE COLORADO BOARD MEMBER 5.00 X 0 0 0 RENE SOTO TORRES BOARD MEMBER 5.00 X 0 0 0 SHERLEY RIVERA BOARD MEMBER 5.00 X 0 0 0 NICHOLAS NATALIZIO EXECUTIVE VICE PRESIDENT 40.00 X 211953 0 1268 GINO Q NATALICCHIO CHANCELLOR 40.00 X 169259 0 1479 SYNDIA NAZARIO-CARDONA ASSOC. VP OF GOVERNMENT AF 40.00 X 182987 0 189 RICARDO RODRIGUEZ DOMENECH EXECUTIVE ADVISOR TO THE PRESIDENT 40.00 X 180597 0 0 NANCY WOELKI DIRECTOR OF NURSING 40.00 X 141726 0 0 ALEX RODRIGUEZ VP OF ADMINISTRATION 40.00 X 138607 0 0 LUIS A BURGOS FELICIANO FULL TIME FACULTY 40.00 X 121200 0 0 RICARDO REYES ASSOCIATE VP OF OPERATIONS & IT 40.00 X 118237 0 0 JOSE F ROJAS FT NURSING FACULTY 40.00 X 115777 0 0 ILIA Y MATOS FORMER VICE CHANCELLOR OF INSTITU 40.00 X 167765 0 0 1833094 0 12700 13 1 1 0 GLU CORP 175 SW 7TH ST SUITE 1818 MIAMI FL 33130 ADVERTISING SERVICES 1171275 CISNEROS INTERACTIVE PUERTO RICO 700 NW 1ST AVENUE STE 1700 MIAMI FL 33136 ADVERTISING SERVICES 586358 TARGET MARKETING SERVICES IN 1510 AVE ROOSEVELT STE 6B-2 GUAYNABO PR 00968 TALENT AGENCY 389310 BBG EXECUTIVE SEARCH LLC 7150 EAST CAMELBACK RD 444 SCOTTSDALE AZ 85251 RECRUITMENT 272750 ELEVEN 11 COMMUNICATIONS 8321 NEMOURS PARKWAY ORLANDO FL 32827 ADVERTISING SERVICES 225562 17 3417510 3417510 EDUCATION SERVICE FEES 611310 51406624 51406624 51406624 12954 0 12954 12954 12954 OTHER EDUCATION SERVICE FEES 611310 646789 646789 OTHER INCOME 611310 304278 304278 GRADUATION FEES 611310 40145 40145 991212 55828300 52397836 0 12954 60647 60647 1010969 345636 665333 27787348 24882678 2904670 3881109 2777899 1103210 2373544 2088202 285342 456776 365421 91355 79258 29575 49683 2176880 1103691 1073189 6300243 6300243 843917 729585 114332 499604 382281 117323 3480999 3203992 277007 600159 600159 57226 32927 24299 201216 6092 195124 4259448 735425 3524023 300512 271778 28734 OTHER EXPENSES 473204 273121 200083 STUDENT SERVICES 384947 55270 329677 GRADUATION EXPENSES 301780 271602 30178 SUPPLIES AND EQUIPMENT 136725 129201 7524 61380 61380 55727891 37806403 17921488 0 1907284 1459161 4191363 4009740 835582 1070595 26365267 10946456 5831478 15418811 254137 15206616 13019844 37164923 1538943 4293341 613172 496545 5074403 12362053 6999365 21219283 14225883 38371222 X -1206039 -1206299 -1206039 -1206299 13019844 37164923 X 100409 -100669 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8676977 190604 8486373 3215963 2299509 916454 8112856 5711352 2401504 6359471 2744991 3614480 15418811 DEPOSITS 255469 OTHER RECEIVABLES 192918 INVESTMENT DEFERRED COMPENSATION 20000 RIGHT OF USE ASSET - LEASES 14738229 15206616 DUE TO SUAGM 5733250 FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 148534 DEFERRED PAYROLL TAXES 192165 DEFERRED COMPENSATION LIABILITY 131991 RIGHT OF USE ASSET - LEASES 14924875 DEFERRED INTEREST PAYABLE 62931 UNEARNED INCOME 25537 21219283 X 55727631 -100669 -100669 55828300 0 55828300 55727891 0 55727891 0 55727891 PART X, LINE 2: AGMU WAS FORMED AS A CORPORATION UNDER THE LAWS OF THE STATE OF DELAWARE IN APRIL 2003. DURING THE YEAR ENDED JULY 31, 2018, AGMU APPLIED FOR TAX-EXEMPT STATUS IN CONNECTION WITH ITS CORPORATE RESTRUCTURING. IN SEPTEMBER 2018, AGMU WAS GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WITH AN EFFECTIVE DATE OF AUGUST 23, 2017. ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. AS OF JULY 31, 2022, WITH CERTAIN EXCEPTIONS, AGMU IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL OR STATE TAXING AUTHORITIES FOR ANY YEARS PRIOR TO THE THREE MOST RECENT TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST SWAP AGREEMENTS -100,669. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMATORY POLICY IS LISTED IN STUDENT ADMISSIONS PACKETS AS WELL AS THE EMPLOYEE HANDBOOK. ANA G MENDEZ UNIVERSITY, INC. DOES NOT EXCLUDE PARTICIPATION, OR DENY BENEFITS OR DISCRIMINATE AGAINST ANY PERSON BECAUSE OF AGE, RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, NATIONAL ORIGIN, DISABILITY, SOCIAL STATUS; POLITICAL AFFILIATION, POLITICAL IDEAS, OR RELIGIOUS; OR BEING A VICTIM OR PERCEIVED AS A VICTIM OF DOMESTIC VIOLENCE, SEXUAL OR STALKLING AGGRESSION; OR BEING MILITARY, EX-MILITARY, SERVE, OR HAVE SERVED IN THE ARMED FORCES OF THE UNITED STATES, OR HOLD VETERAN STATUS, OR ANY OTHER CATEGORY PROTECTED BY LAW. 1 EMPLOYEE SCHOLARSHIPS 19 60647 PART I, LINE 2: REQUESTS FOR FINANCIAL AID ARE EVALUATED BY THE EMPLOYEE TUITION BENEFIT PROGRAM COMMITTEE. DISBURSEMENTS ARE MADE TO THE EMPLOYEE STUDENT ACCOUNT TO COVER QUALIFIED EDUCATION COSTS UPON RECEIVING A PASSING GRADE. NO STUDENT MAY DEFRAY SCHOLARSHIP FUNDS FOR PERSONAL MATTERS, ACCORDINGLY, THE FILING ORGANIZATION DOES NOT UNDERTAKE FURTHER MONITORING ONCE THE SCHOLARSHIP IS AWARDED. X X X 1 0 0 0 0 0 0 0 0 JOSE F MENDEZ MENDEZ PRESIDENT 240236 0 36549 0 8201 0 0 0 9764 0 294750 0 0 0 NICHOLAS NATALIZIO EXECUTIVE VICE PRESIDENT 181311 0 21884 0 8758 0 1079 0 189 0 213221 0 0 0 SYNDIA NAZARIO-CARDONA ASSOC. VP OF GOVERNMENT AF 164611 0 3000 0 15376 0 0 0 189 0 183176 0 0 0 RICARDO RODRIGUEZ DOMENECH EXECUTIVE ADVISOR TO THE PRESIDENT 165000 0 12582 0 3015 0 0 0 0 0 180597 0 0 0 GINO Q NATALICCHIO CHANCELLOR 102421 0 23410 0 43428 0 1400 0 79 0 170738 0 0 0 ILIA Y MATOS FORMER VICE CHANCELLOR OF INSTITU 153434 0 0 0 14331 0 0 0 0 0 167765 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED IN ITS ENTIRETY BY FINANCE MANAGEMENT. ANY QUESTIONS ARE RESOLVED WITH THE INDEPENDENT ACOUNTING FIRM THAT PREPARES THE RETURN. IN ADDITION, A COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY SHALL BE FURNISHED TO EACH DIRECTOR, COMMITTEE MEMBER, OFFICER, AND STAFF MEMBER. EACH NEW DIRECTOR, COMMITTEE MEMBER, OFFICER, AND STAFF MEMBER SHALL BE ADVISED OF THE POLICY UPON UNDERTAKING HIS OR HER RESPECTIVE DUTIES. EACH DIRECTOR, COMMITTEE MEMBER, OFFICER, AND STAFF MEMBER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES A COMPARATIVE PROCESS FOR DETERMINING APPROPRIATE AND JUST COMPENSATION FOR ITS PRESIDENT, OTHER OFFICERS, AND KEY EMPLOYEES, INCLUDING REVIEW AND APPROVAL BY THE ORGANIZATION'S INDEPENDENT BOARD OF DIRECTORS. THE PROCESS INCLUDES THE USE OF COMPARABILITY DATA OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN OTHER NON-PROFIT ORGANIZATIONS OF SIMILAR SIZE AND FUNCTION. THIS PROCESS INCLUDES CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT -100,669. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.