2023-06-14T16:27:15-05:00 2022-07-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2021-08-01 660201206 SISTEMA UNIVERSITARIO ANA G MENDEZ INC SIST 7877510178 PO BOX 21345 SAN JUAN PR 009281345 CARMELO TORRES VP FOR FINANCIAL AFFAIRS 7877510178 2023-06-14 1 CARMELO TORRES 999009999 HARRY E HARP CPA P00176471 4077405400 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CARMELO TORRES PO BOX 21345 SAN JUAN PR 009281345 324117695 0 X WWW.UAGM.EDU X 1950 PR SISTEMA UNIVERSITARIO ANA G. MENDEZ INCORPORADO (SUAGM OR THE INSTITUTION) IS A PRIVATE, NONPROFIT, EDUCATIONAL INSTITUTION THAT OPERATES FOUR EDUCATIONAL INSTITUTIONS (CUPEY CAMPUS, CAROLINA CAMPUS, GURABO CAMPUS, ONLINE CAMPUS AND A NONCOMMERCIAL PUBLIC TELEVISION STATION (SISTEMA TV) IN PUERTO RICO. SUAGM PROMOTES CULTURAL, SOCIAL, ECONOMIC DEVELOPMENT, AND WELL-BEING OF THE PUERTORICAN SOCIETY. ALL INSTITUTIONS, COLLEGES, PROGRAMS OR SCHOOLS ESTABLISHED, DIRECTED AND SUPERVISED BY SUAGM WILL BE NON-SECTARIAN, COEDUCATIONAL, AND WILL NOT PERMIT DISCRIMINATION, ON THE BASIS OF RACE, GENDER, COLOR, NATIONAL ORIGIN, SOCIAL STATUS, PHYSCIAL OR MENTAL HANDICAP, NOR ON THE BASIS OF POLITICAL, RELIGIOUS OR SOCIAL BELIEFS. 11 5 3848 0 0 16638 83195751 113346546 200924783 182064923 1589236 848168 11877097 6902259 297586867 303161896 12437192 12933638 0 0 105133163 96351641 0 0 0 154728134 155777340 272298489 265062619 25288378 38099277 365299403 376051884 150276239 124755190 215023164 251296694 X OUR MISSION IS TO PROVIDE OUR STUDENTS WITH AN ATMOSPHERE OF ACADEMIC FREEDOM AND INTELLECTUAL CHALLENGE, THE NECESSARY RESOURCES TO HELP THEM DEVELOP HIGH CULTURAL AND ETHICAL VALUES, CRITICAL THINKING, AND INTELLECTUAL CURIOSITY, LINGUISTIC AND TECHNOLOGICAL SKILLS AS WELL AS PERSONAL AND PROFESSIONAL SKILLS REQUIRED FOR SUCCESS IN THEIR PROFESSIONS AND THEIR DAILY LIVES. ALSO WE PROMOTE THE INTEGRAL DEVELOPMENT OF A DIVERSE STUDENT POPULATION THROUGH RESEARCH, CRITICAL-CREATIVE THINKING, THE CONSTRUCTION OF KNOWLEDGE AND ITS APPLICATION. FURTHERMORE, WE PROMOTE THE DEVELOPMENT OF ETHICAL PRINCIPLES AND VALUES THAT WILL ALLOW THEM TO CONTRIBUTE TO THE WELLBEING OF THE COMMUNITY THROUGH THEIR KNOWLEDGE OF SOCIAL SYSTEMS AND THEIR ROLE AS RESPONSIBLE CITIZENS. 0 0 53592037 164121 166964788 INSTRUCTION - THE INSTITUTION PROVIDES A COMPLETE INSTRUCTION PROGRAM, ALLOWING THE STUDENTS TO OBTAIN A HIGHER EDUCATION OF QUALITY. IT ALSO SUPPORTS ITS STUDENTS THROUGH ACTIVITIES OTHER THAN FORMAL INSTRUCTION THAT CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT SUCH AS: STUDENT ACTIVITIES, CULTURAL EVENTS, INTRAMURAL ATHLETICS AND OTHER. CAFETERIAS, PARKING, PRINTING SHOP ARE ALSO MADE AVAILABLE FOR THE BENEFIT OF STUDENTS, FACULTY AND STAFF. 31617506 204457 OPERATING AND MAITENANCE - THESE ARE THE EXPENDITURES INCURRED FOR ACTIVITIES TO PROVIDE SERVICES AND MAINTENANCE OF CAMPUS GROUNDS AND FACILITIES THAT ARE USED FOR EDUCATIONAL AND GENERAL PURPOSES. THESE INCLUDE: ENERGY, WATER AND ANY OTHER UTILITIES NECESSARY FOR THE OPERATION OF PLANT. IT ALSO INCLUDES CUSTODIAL AND JANITORIAL SERVICES FOR BUILDINGS, MAINTENANCE OF GROUNDS, DISASTER PREPAREDNESS, HAZARDOUS WASTE DISPOSAL, AND LOGISTICAL SERVICES SUCH AS CENTRAL RECEIVING. 12106209 876319 81948 STUDENT SERVICE - THESE ARE THE EXPENDITURES FOR ACTIVITIES OTHER THAN FORMAL INSTRUCTION THAT CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT SUCH AS: STUDENT ACTIVITIES, CULTURAL EVENTS, INTRAMURAL ATHLETICS AND OTHERS. 11713508 11713508 SCHOLARSHIP - THE INSTITUTION'S SCHOLARSHIP PROGRAM PROVIDES GRANTS TO STUDENTS, RESULTING FROM SELECTION BY THE INSTITUTIONS OR FROM AN ENTITLEMENT PROGRAM. IT ALSO PROVIDES TRAINEE STIPENDS. THE RECIPIENTS OF GRANTS ARE NOT REQUIRED TO PERFORM SERVICES FOR THE INSTITUTIONS AS CONSIDERATION FOR THE GRANTS, NOT ARE THEY EXPECTED TO REPAY THE AMOUNT OF THE GRANT TO THE FUNDING SOURCE. 1901014 97534 19360665 ACADEMIC SUPPORT - THESE ARE THE EXPENDITURES INCURRED FOR ACTIVITIES AND SERVICES TO PURSUE THE PRIMARY MISSION OF THE INSTITUTION: INSTRUCTION AND RESEARCH. INCLUDES EXPENDITURES SUCH AS LIBRARY BOOKS, AUDIOVISUAL MATERIALS, THOSE RELATED TO STUDENTS RETENTION, PRESERVATION AND DISPLAY OF EDUCATIONAL AND HISTORICAL MATERIALS, SCIENTIFIC DISPLAYS AND ART OBJECTS. 3255197 59139 736010 PUBLIC SERVICES - THE INSTITUTION OPERATES A NON COMMERCIAL TELEVISION STATION PROVIDING EDUCATIONAL AND CULTURAL PROGRAMS TO STUDENTS AND THE COMMUNITY. SPECIFICALLY, THE ORGANIZATION AIMS TO REACH HIGH SCHOOL DROPOUT STUDENTS, SOCIALLY AND ECONOMICALLY CHALLENGED STUDENTS, ACADEMICALLY OUTSTANDING STUDENTS, AND OTHERS. 2275248 23017 135890 RESEARCH - THESE ARE EXPENDITURES INCURRED FOR ACTIVITIES DEVELOPED TO GENERATE RESEARCH OUTCOMES THAT ARE CARRIED OUT WITHIN ACADEMIC DEPARTMENTS. THE RESEARCH PROJECTS ARE COMMISSIONED BY EXTERNAL AGENCIES OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTIONS. 445976 1029930 AUXILIARY ENTERPRISES - THESE ARE THE EXPENDITURES INCURRED FOR ESSENTIALLY SELF SUPPORTING OPERATIONS THAT EXIST TO FURNISH A SERVICE TO STUDENTS, FACULTY AND STAFF, AND INCIDENTALLY TO THE GENERAL PUBLIC. THEY INCLUDE CAFETERIAS, PARKINGS, BOOKSTORES, AND A PRINTING SHOP. 19590943 11893198 21262495 116906695 1 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 3848 1 1 1 0 0 0 0 0 0 0 0 0 X 11 5 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 PR X MARIEL J MARTINEZ 7877510178 PO BOX 21345-1345 SAN JUAN PR 009281345 JOSE MENDEZ MENDEZ DIRECTOR/PRESIDENT 31.00 9.00 X X 942445 284986 30337 RAFAEL A NADAL ARCELAY LEGAL COUNSELOR 40.00 X 397840 0 18108 WILFREDO COSME ORTIZ DIRECTOR 1.00 X 0 0 0 RENE A SOTO TORRES DIRECTOR 1.00 5.00 X 0 0 0 DELIA CASTILLO DE COLORADO DIRECTOR 1.00 5.00 X 0 0 0 HECTOR M CABRERA OLIVERAS DIRECTOR 1.00 X 0 0 0 RITA DIMARTINO DIRECTOR 1.00 X 0 0 0 MIGDALIA TORRES RIVERA DIRECTOR 1.00 5.00 X 0 0 0 MARIA J RODRIGUEZ MARTINEZ DIRECTOR 1.00 X 0 0 0 RAMIRO MILLAN CATASUS DIRECTOR 1.00 X 0 0 0 HERMINIO MARTINEZ DIRECTOR 1.00 5.00 X 0 0 0 RICARDO RODRIGUEZ DOMENECH EXECUTIVE VP/ DIRECTOR OF OPERATIONS 28.00 12.00 X 397859 180597 18414 CARMELO TORRES REYES VICE PRESIDENT 40.00 X 261009 0 21646 VICTORIA DE JESUS VP HR 40.00 X 273154 0 17386 ADA SOLA FERNANDEZ ASSOCIATE VP 40.00 X 239037 0 2988 GINO Q NATALICCHIO CHANCELLOR UAGM 23.00 17.00 X 233303 169259 18517 PAUL COLBERG VICE PRESIDENT 40.00 X 225656 0 18873 WALID EL HAGE AROCHO VP OF ADMINISTRATION 40.00 X 216133 0 14275 RAFAEL F NADAL BOSCH VP INTERNATIONAL MATTERS 40.00 X 171744 0 14742 JOSE E MALDONADO ROJAS VP ADM CENTRAL (BEG. 07/21) 40.00 X 165893 0 9358 JOHN NAVARRO FERREIRA INTERNAL AUDIT DIRECTOR 40.00 X 193330 0 21120 ANGEL TOLEDO LOPEZ CHANCELLOR UAGM 40.00 X 201576 0 17222 FELIX HUERTAS GONZALEZ CHANCELLOR UAGM 40.00 X 191824 0 16485 ELIGIO DAVID MENDEZ PAGAN CHANCELLOR UAGM 40.00 X 230503 0 16223 JOSE VIVALDI OLIVER DEAN 40.00 X 228523 0 2742 CARLOS PADIN BIBILONI ASSOCIATE VP 40.00 X 183097 0 8335 ANGELA LUISA CANDELARIO FERNANDEZ PROFESSOR 40.00 X 151443 0 2466 KARLO J MALAVE LLAMAS ASSOCIATE PROFESSOR 40.00 X 145683 0 4356 MILDRED HUERTAS SOLA VP ADM CENTRAL (END. 05/21) 40.00 X 276293 0 7838 MAYRA CRUZ VP ACADEMIC AFFAIRS (END. 09/21) 40.00 X 202526 0 19181 5528871 634842 300612 22 1 1 0 SAJO GARCIA CREATIVE MARKETING DESIGN LL CALLE FRANCIA 1555 SANTURCE PR 00911 MARKETING 3558339 GLOBE EXECUTIVE SOLUTIONS INC 1220 AV AMERICO MIRANDA SAN JUAN PR 00921 SECURITY 2820280 GLU 175 SW 7TH ST SUITE 1818 MIAMI FL 33130 MARKETING 2752391 WELL DONE LLC 104 CALLE MAYAGUEZ SAN JUAN PR 00917 MAINTENANCE 1762932 CARIBE GENERAL CONSTRUCTORS INC 2053 PONCE BYPASS SUITE 201 PONCE PR 00717 GENERAL CONTRACTOR 1338144 58 112626392 720154 113346546 TUITION & FEES 611710 180705646 180705646 AUXILIARY ENTERPRISES 611710 1159760 1159760 SISTEMA TV 515100 199517 77785 121732 182064923 1768956 1768956 56843 6595 50248 50248 50248 19994352 20915140 -920788 -920788 -920788 315578 34064 281514 281514 MISCELLANEUS REVENUES 611710 4918900 4918900 F & B RECOVERY 611710 935820 935820 CONTINUING EDUCATION 611710 417000 417000 298777 298777 6570497 303161896 188513688 0 1301662 X 12933638 12933638 5865865 5865865 68193237 53876958 14316279 2116305 242712 1873593 12436792 4404573 8032219 7739442 5072478 2666964 989075 989075 367325 367325 236919 236919 73018240 4442308 68575932 4303383 29890 4273493 11010858 4683561 6327297 2953246 427870 2525376 16719550 16496585 222965 1128387 562327 566060 1987144 1438945 548199 5618265 5618265 17487328 5551393 11935935 3464085 3464085 BAD DEBT EXPENSES 8410311 483717 7926594 OTHER EXPENSES 6829445 1800696 5028749 PRODUCTION AND PROGRAMI 1253779 5884 1247895 265062619 116906695 148155924 0 26310017 17332705 164754 164714 450 450 129023 119064 4777019 5251545 587039851 344872351 226702946 242167500 68771742 67413427 38443452 43602479 365299403 376051884 63767607 36641958 76155123 5364473 68669128 4989036 19444104 150276239 124755190 X 204153487 240416902 10869677 10879792 215023164 251296694 365299403 376051884 X 38099277 27238 -1852985 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 12.00 0 0 1 0 0 2628133 X X X X 0 75392222 10000 -1160496 236744 646685 73358297 70898473 25000 5481182 1012433 75392222 68422955 21352 3510321 1039416 16739 70898473 67798448 12886 1745342 1086553 47167 68422955 64959250 71975 4022356 1171748 83385 67798448 0.89000 0.11000 0 0 35588794 35588794 332727265 176364979 156362286 5363291 5006598 356693 169430265 137390282 32039983 43930236 26110492 17819744 242167500 RIGHT OF USE ASSETS (ASC 842) 13872992 BILLED & UNBILLED GRANTS AND CONTRACTS 14678688 ASSET FOR PENSION BENEFITS 6297426 OTHER RECEIVABLES 2524727 AGMUS VENTURE RECEIVABLES 6052143 OTHER ASSETS 176503 43602479 LIABILITY FOR OTHER EMPLOYEE BENEFITS (ANNUITIES) 4364812 RIGHT OF USE LIABILITY (ASC 842) 13872992 OTHER LIABILITIES 1206300 19444104 X 287980909 27238 -11713508 -11686270 299667179 236919 3257798 3494717 303161896 251707379 -1404813 -1404813 253112192 236919 11713508 11950427 265062619 PART II, LINE 9: THE INSTITUTION DOES NOT HAVE ANY CONSERVATION EASEMENTS RECORDED ON ITS BOOKS AS OF JULY 31,2022. THEREFORE, THERE IS NO NEED FOR A DISCLOSURE IN THE FINANCIAL STATEMENTS RELATED TO CONSERVATION OF EASEMENTS. HOWEVER, THE INSTITUTION OWNS (AS OF JULY 3,2022) TWO PROPERTIES (LAND) THAT WERE DONATED TO ESTABLISH AN ENVIRONMENTAL LABORATORY FOR CUPEY'S CAMPUS ENVIRONMENTAL STUDIES SCHOOL. THEY WERE RECORDED AT THE TIME OF DONATION AT MARKET VALUE. PART III, LINE 4: THE GURABO'S CAMPUS MUSEUM AND CENTER FOR HUMANISTIC STUDIES (THE MUSEUM) HAS A COLLECTION OF WORKS OF ART TOTALING $2,628,133 AS JULY 31,2022. THE COLLECTION'S OBJECT ARE CATEGORIZED IN THREE MAJOR AREAS: ARCHEOLOGY, FINE ARTS AND FOLK ARTS. THE MUSEUM COLLECTS OBJECTS OF CULTURAL HERITAGE REPRESENTATIVE OF PUERTO RICO'S CENTRAL AND EASTERN REGIONS. ALSO, THE MUSEUM COLLECTS WORKS OF ARTS OF NATIONAL RELEVANCE THAT CONTRIBUTE TO THE UNDERSTANDING OF THE PUERTORRICAN CULTURE. THE MUSEUM MISSION IS TO COLLECT, PRESERVE, STUDY AND DISSEMINATE THE ARTISTIC AND HUMANISTIC EXPRESSION OF OUR REGIONAL AND NATIONAL PUERTO RICO CULTURE FOR THE ENJOYMENT AND BENEFIT OF THE UNIVERSITY COMMUNITY AND THE GENERAL PUBLIC. THUS, THE MUSEUM'S MISSION COMPLEMENTS THAT OF SUAGM IN THAT IN ENHANCES OUR STUDENTS AND THE COMMUNITY'S KNOWLEDGE OF THEIR CULTURAL HERITAGE. PART V, LINE 4: THE INSTITUTION'S ENDOWMENT HAS THREE COMPONENTS: ENDOWMENT,; QUASI ENDOWMENT, AND SCHOLARSHIPS ENDOWMENT FUNDS ARE SPENT ACCORDING TO THE SPENDING POLICY, AS ESTABLISHED IN THE BOARD OF DIRECTOR'S STATEMENTS OF INVESTMENT POLICY, GUIDELINES AND OBJECTIVES. THE ENDOWMENT CONTAINS DONORS RESTRICTED FUNDS, MAINLY FOR SCHOLARSHIPS AND FUNDS RELATED TO THE ENDOWMENT CHALLENGE GRANT (TITLE III PROGRAM), THAT PROVIDED FUNDS TO THE INSTITUTION THAT WERE MATCHED DOLLAR PER DOLLAR AND WHICH PRINCIPAL IS RESTRICTED FOR A PERIOD OF TWENTY (20) YEARS. RESTRICTIONS UNDER THE TITLE III PROGRAM HAVE BEEN SUBSTANTIALLY COMPLETED, AS THESES GRANTS INITIATED IN THE 1980'S. UNRESTRICTED FUNDS ARE AVAILABLE FOR SPENDING FOR ADMINISTRATIVE (INVESTMENT MANAGEMENT FEES, AMONG OTHERS) AND OPERATIONAL EXPENSES IF APPROVED BY THE BOARD OF DIRECTORS. PART X, LINE 2: THE INSTITUTION FOLLOWS THE GUIDANCE CONTAINED IN ASC TOPIC 740-10-25. ACCOUNTING FOR UNCERTAINLY INCOME TAXES, ASC 740-10-25 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTABLE FOR FINANCIAL STATEMENTS RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. BASED UPON ITS EVALUATION, THE INSTITUTION CONCLUDE THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITION REQUIRING RECOGNITION N ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -11,713,508. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS -34,064. ENDOWMENT RETURN USED IN SUPPORT OF OPERATIONS 646,685. INCOME LOSS ON INVESTMENT SUBSIDIARY 1,206,300. PENSION RELATED CHANGES OTHER THAN NET PERIODIC COST 1,438,877. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSG 34,064. PENSION RELATED CHANGES OTHER THAN NET PERIODIC COST -1,438,877. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 11,713,508. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE INSTITUTION IS IN COMPLIANCE WITH REV. PROC. 75-70. SCHEDULE E, PART I, LINE 6 THE INSTITUTION PARTICIPATES IN NUMEROUS FEDERAL AND STATE PROGRAMS, WHICH ARE AUDITED ANNUALLY IN ACCORDANCE WITH RELATED REGULATIONS. STUDENTS AT SUAGM'S INSTITUTIONS ARE ELIGIBLE AND RECEIVE GRANTS FROM US AND PUERTO RICO GOVERNMENTS, MAINLY TITLE IV FUNDS FROM THE FEDERAL DEPARTMENT OF EDUCATION (DE). OTHER SOURCES OF FINANCIAL AID FOR TEACHER TRAINING, STUDIES IN NURSING, VETERANS, DISABLE, AMONG OTHERS, ARE PROVIDED THROUGH FEDERAL AGENCIES (DE, DHHS, ETC). 1 COLLEGE WORK STUDY. 721 1220130 SCHOLARSHIPS AND STIPENDS 22951 11713508 PART I, LINE 2: FINANCIAL AID ASSITANCE IS AWARDED BASED ON US FEDERAL STATE, AND PRIVATE GUIDELINES AS REQUIRED BY THE CORRESPONDING TYPE OF ASSISTANCE. X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 JOSE MENDEZ MENDEZ DIRECTOR/PRESIDENT 663369 240236 38669 36549 240407 8201 13568 0 7005 9764 963018 294750 0 0 RICARDO RODRIGUEZ DOMENECH EXECUTIVE VP/ DIRECTOR OF OPERATIONS 250024 165000 68550 12582 79285 3015 14108 0 4306 0 416273 180597 0 0 GINO Q NATALICCHIO CHANCELLOR UAGM 187169 102421 32210 23410 13924 43428 14296 1400 2742 79 250341 170738 0 0 RAFAEL A NADAL ARCELAY LEGAL COUNSELOR 317884 0 21660 0 58296 0 15024 0 3084 0 415948 0 0 0 VICTORIA DE JESUS VP HR 248722 0 20318 0 4114 0 14644 0 2742 0 290540 0 0 0 MILDRED HUERTAS SOLA VP ADM CENTRAL (END. 05/21) 270193 0 600 0 5500 0 5843 0 1995 0 284131 0 0 0 CARMELO TORRES REYES VICE PRESIDENT 235292 0 20056 0 5661 0 14641 0 7005 0 282655 0 0 0 ELIGIO DAVID MENDEZ PAGAN CHANCELLOR UAGM 218984 0 5625 0 5894 0 13481 0 2742 0 246726 0 0 0 PAUL COLBERG VICE PRESIDENT 201936 0 14052 0 9668 0 14567 0 4306 0 244529 0 0 0 ADA SOLA FERNANDEZ ASSOCIATE VP 237947 0 600 0 490 0 1388 0 1600 0 242025 0 0 0 JOSE VIVALDI OLIVER DEAN 210400 0 5283 0 12840 0 0 0 2742 0 231265 0 0 0 WALID EL HAGE AROCHO VP OF ADMINISTRATION 192536 0 18976 0 4621 0 14275 0 0 0 230408 0 0 0 MAYRA CRUZ VP ACADEMIC AFFAIRS (END. 09/21) 188198 0 4428 0 9900 0 12176 0 7005 0 221707 0 0 0 ANGEL TOLEDO LOPEZ CHANCELLOR UAGM 183380 0 4996 0 13200 0 14480 0 2742 0 218798 0 0 0 JOHN NAVARRO FERREIRA INTERNAL AUDIT DIRECTOR 177450 0 8680 0 7200 0 14115 0 7005 0 214450 0 0 0 FELIX HUERTAS GONZALEZ CHANCELLOR UAGM 181706 0 4981 0 5137 0 13743 0 2742 0 208309 0 0 0 CARLOS PADIN BIBILONI ASSOCIATE VP 179985 0 3112 0 0 0 1330 0 7005 0 191432 0 0 0 RAFAEL F NADAL BOSCH VP INTERNATIONAL MATTERS 154615 0 13015 0 4114 0 12000 0 2742 0 186486 0 0 0 JOSE E MALDONADO ROJAS VP ADM CENTRAL (BEG. 07/21) 145455 0 13598 0 6840 0 6616 0 2742 0 175251 0 0 0 ANGELA LUISA CANDELARIO FERNANDEZ PROFESSOR 150843 0 600 0 0 0 866 0 1600 0 153909 0 0 0 KARLO J MALAVE LLAMAS ASSOCIATE PROFESSOR 141592 0 3251 0 840 0 1614 0 2742 0 150039 0 0 0 PART I, LINE 1A A) FIRST CLASS OR CHARTER TRAVEL- THE INSTITUTION'S TRAVEL POLICY ESTABLISHES THAT THE PRESIDENT MAY TRAVEL IN FIRST CLASS AND THOSE OFFICERS THAT TRAVEL WITH THE PRESIDENT OF OFFICIAL BUSINESS TRIP MAY TRAVEL IN BUSINESS CLASS. ALSO, THE INSTITUTION PAYS TRAVEL EXPENSES IN BUSINESS CLASS FOR THE PRESIDENT OF THE BOARD WHEN TRAVELLING TO BOARD RELATED ACTIVITIES OR SEMINARS SUCH AS THE BOARD'S ANNUAL SEMINAR THE ASSOCIATION OF GOVERNING BOARD'S CONFERENCE, AMONG OTHERS. B) TRAVEL FOR COMPANION- THE PRESIDENT'S SPOUSE ACCOMPANIES HIM AT THE INSTITUTION'S EXPENSES WHEN HE TRAVELS ON OFFICIAL BUSINESS TRIP AND SO DO THE SPOUSES OF THE MEMBERS OF THE BOARD AND OFFICERS ON CERTAIN BUSINESS ACTIVITIES. C) HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE- THE INSTITUTION OWNS AND RENT SEVERAL PROPERTIES THAT ARE USED AS RESIDENCE FOR THE PRESIDENT'S AND EXECUTIVE MEMBERS OF HIS STAFF. THE RENT MARKET VALUE OF THESE PROPERTIES ARE CLASSIFIED AND REPORTED. D) HEALTH AND SOCIAL CLUB DUES OR INITIATION FEES- THE INSTITUTION COVERS THE COST OF MEMBERSHIP AT LOCAL HOTELS TO BE USED FOR OFFICIAL ACTIVITIES. E) PERSONAL SERVICES- THE INSTITUTION COVERS THE COST OF A CHAUFFER FOR THE PRESIDENT AND MAID SERVICES AT THE PRESIDENT'S RESIDENCE. PART I, LINE 3 JOSE F. MENDEZ: NONQUALIFED RETIREMENT PLAN- $12,000, VICTORIA DE JESUS: NONQUALIFED RETIREMENT PLAN- $12,000, JOHN NAVARRO: NONQUALIFED RETIREMENT PLAN- $12,000, RICARDO L. RODRIGUEZ: NONQUALIFED RETIREMENT PLAN- $12,000, ELIGIO DAVID MENDEZ: NONQUALIFED RETIREMENT PLAN- $12,000, RAFAEL NADAL ARCELAY: NONQUALIFED RETIREMENT PLAN- $12,000, RAFAEL NADAL BOSCH: NONQUALIFED RETIREMENT PLAN- $12,000, CARMELO TORRES: NONQUALIFED RETIREMENT PLAN- $12,000, GINO NATALICCHIO: NONQUALIFED RETIREMENT PLAN- $12,000, WALID EL HAGE: NONQUALIFED RETIREMENT PLAN- $12,000, PAUL COLBERG: NONQUALIFED RETIREMENT PLAN- $12,000, MAYRA CRUZ : NONQUALIFED RETIREMENT PLAN- $10,000, JOSE F MALDONADO: NONQUALIFED RETIREMENT PLAN- $6,000, MILDRED HUERTAS: NONQUALIFED RETIREMENT PLAN- $5,000 A AFICA BOND 2006 690660050 745227EN0 2006-04-11 30450352 ACQUISITION AND CONSTRUCTION OF EDUCATIONAL FACILITIES 0 0 0 B AFICA BOND 2012 690660050 745272FA7 2012-06-27 80415798 ACQUISITION AND CONSTRUCTION OF EDUCATIONAL FACILITIES 0 0 0 A 30450352 30450352 580292 27920310 2006 0 0 1 1 B 80415798 80415798 5378712 44547059 1412539 25800000 3277488 2016 1 0 1 1 A 0 1 0 0 0.01430 0.01430 1 0 1 B 0 1 0 0 0.01930 0.01930 1 0 1 A 0 1 0 0 0 0 1 ROYAL BANK OF CANADA 30.000000000000 1 0 1 B 0 1 0 1 0 0 0 0 1 A 1 B 1 ANDRES A LLOVERAS MENDEZ FAMILY OF DIRECTOR 89143 EMPLOYMENT 0 BUFETE CANCIO NADAL DIAZ BOARD OF DIRECTOR MEMBER 576160 INDEPENDENT CONTRACTOR 0 CALAPEDI LLC BOARD OF DIRECTOR MEMBER 17296 INDEPENDENT CONTRACTOR 0 CAROLYN GARIN FAMILY OF DIRECTOR 62729 EMPLOYMENT 0 EILEEN M RODRIGUEZ DOMENECH FAMILY OF DIRECTOR 76477 EMPLOYMENT 0 FABIOLA A TRIGO RODRIGUEZ FAMILY OF DIRECTOR 73231 EMPLOYMENT 0 JOSE F MENDEZ LLOVERAS FAMILY OF DIRECTOR 30106 EMPLOYMENT 0 JOSE MENDEZ SANTOS FAMILY OF DIRECTOR 52937 EMPLOYMENT 0 LAURA A APONTE HERNANDEZ FAMILY OF FORMER KEY EMPLOYEE 55653 INDEPENDENT CONTRACTOR 0 MARIA A RODRIGUEZ MARTINEZ FAMILY OF DIRECTOR 180000 INDEPENDENT CONTRACTOR 0 MIGDALIA TORRES DIRECTOR & INDEPENDENT CONTRACTOR 30268 INDEPENDENT CONTRACTOR 0 RAFAEL F NADAL BOSCH FAMILY OF DIRECTOR 171745 EMPLOYMENT 0 RAMIRO MILLAN CATASUS DIRECTOR & INDEPENDENT CONTRACTOR 132000 INDEPENDENT CONTRACTOR 0 RAUL DE JESUS DE JESUS FAMILY OF DIRECTOR 34211 EMPLOYMENT 0 RENOVA SOLUTIONS BOARD OF DIRECTOR MEMBER 9394 INDEPENDENT CONTRACTOR 0 RICARDO RODRIGUEZ DOMENECH FAMILY OF DIRECTOR 397858 EMPLOYMENT 0 FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION REQUIRED TO COMPILE FORM 990 WAS BASED ON THE INSTITUTION'S AUDITED FINANCIAL STATEMENTS. SUPPLEMENTAL INFORMATION WAS GATHERED FROM SUAGM'S ACCOUNTING SYSTEM. FOR THIS REPORTING PERIOD, THE FORM 990 WAS PREPARED BY THE INSTITUTION'S ACCOUNTING OFFICE, REVIEWED BY THE ASSOCIATE VP FOR ACCOUNTING AND DISBURSEMENTS, AND APPROVED BY THE VICE PRESIDENT FOR FINANCIAL AFFAIRS. A COPY OF THIS FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING IT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY COMPLETE A FORM TO DISCLOSE CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST. THE PROCESS IS CONDUCTED BY THE SECRETARY OF THE BOARD AND FORMS ARE KEPT IN FILE AT THE BOARD'S OFFICE. ALSO, A CONFLICT OF INTEREST DISCLOSURE IS ADMINISTERED TO ALL EMPLOYEES AND FACULTY MEMBERS THAT PARTICIPATE IN FEDERALLY FUNDED PROJECTS. THIS PROCESS IS ADMINISTERED BY THE VICE-PRESIDENCY OF HUMAN RESOURCES. THE POLICY IS ALSO DISCUSSED AS PART OF THE TRAINING PROGRAM FOR NEW EMPLOYEES AND AT OTHER ACTIVITIES INVOLVING STAFF AND FACULTY. A MEMORANDUM IS DISTRIBUTED THROUGH THE INSTITUTION'S INTERNAL COMMUNICATION TO ALL THE UNIVERSITY'S COMMUNITY TO MAKE THEM AWARE OF THE CONFLICT OF INTEREST POLICY IN FORCE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT AND OFFICER ARE REVIEWED BY AN INDEPENDENT CONSULTING GROUP WHICH USES COMPARABLE DATA TO THEIR INDUSTRY. THE RESULTS OF THE PRESIDENT'S COMPENSATION IS THEN PRESENTED TO THE BOARD OF DIRECTOR FOR ITS APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICE OF THE SECRETARY OF THE BOARD OF DIRECTORS. THE CONFLICT OF INTEREST POLICY IS AVAILABLE THROUGH WEBSITE AND THROUGH THE VICE-PRESIDENCY OF HUMAN RESOURCES. INTERIM AND AUDITED FINANCIAL STATEMENTS ARE ROUTINELY DISTRIBUTED TO BANKS AS CREDITORS AND ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST THROUGH THE VICE-PRESIDENCY FOR FINANCIAL AFFAIRS. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 2,184,820. MANAGEMENT AND GENERAL EXPENSES 4,625,848. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,810,668. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,257,488. MANAGEMENT AND GENERAL EXPENSES 63,950,084. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,207,572. FORM 990, PART XI, LINE 9: INCOME LOSS ON INVESTMENT SUBSIDIARY -1,206,300. ENDOWMENT RETURN USED IN SUPPORT OF OPERATIONS -646,685. ANA G MENDEZ UNIVERSITY INC 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 412096004 FL 501(C)(3) LINE 2 SISTEMA UNIVERSITARIO ANA G MENDEZ INC 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 ANA G MNDEZ UNIVERSITY INC A 37535 FAIR MARKET VALUE ANA G MNDEZ UNIVERSITY INC D 4326901 FAIR MARKET VALUE ANA G MNDEZ UNIVERSITY INC M 51406624 FAIR MARKET VALUE ANA G MNDEZ UNIVERSITY INC P 1873375 FAIR MARKET VALUE ANA G MNDEZ UNIVERSITY INC Q 2460286 FAIR MARKET VALUE