INTER AMERICAN UNIVERSITY OF PUERTO RICO: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- INTER AMERICAN UNIVERSITY OF PUERTO RICO (EIN 66-0177776)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-17
- IRS object ID
- 201410769349300506
- Schema version
- 2012v2.1
- 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 B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-17T08:50:15-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660177776 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Universidad Intermericana de Puerto Rico | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 7877661912 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 363255 | AddressLine1 |
| City | San Juan | City |
| State | PR | State |
| ZIP Code | 009363255 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Luis R Esquilin | Name |
| Title | Vice President of Finance | Title |
| Phone | 7877661912 | Phone |
| Date Signed | 2014-03-17 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Manuel J Fernos | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 363255 | AddressLine1 |
| City | San Juan | City |
| State | PR | State |
| ZIP Code | 009363255 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 264218336 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.inter.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1912 | YearFormation |
| State Legal Domicile | PR | StateLegalDomicile |
| Activity Or Mission Description | The Universidad Interamericana de Puerto Rico, Inc. is a higher educationinstitution pursuing quality thru academic excellence with emphasis inthe formation of people with high standards, ethical and democraticallyvalues. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 272521 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 272521 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 200664 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 261929 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 255594595 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 234401459 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3660290 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3414308 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7860323 | OtherRevenuePriorYear |
| Other Revenue Current Year | 26140640 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 267315872 | TotalRevenuePriorYear |
| Total Revenue Current Year | 264218336 | 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 | 163354027 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 159984009 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 213851 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 92349009 | OtherExpensePriorYear |
| Other Expenses Current Year | 93073366 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 255703036 | TotalExpensesPriorYear |
| Total Expenses Current Year | 253057375 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 11612836 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 11160961 | RevenuesLessExpensesCY |
| Total Assets BOY | 502216538 | TotalAssetsBOY |
| Total Assets EOY | 523891211 | TotalAssetsEOY |
| Total Liabilities BOY | 128870051 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 132517663 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 373346487 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 391373548 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The Universidad Interamericana de Puerto Rico, Inc. is a higher educationinstitution pursuing quality thru academic excellence with emphasis inthe formation of people with high standards, ethical and democraticallyvalues. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 180878395 | Expense |
| Revenue | 262061126 | Revenue |
| Description | During the 2012-13 fiscal year, the University provided educational services for over 44 thousand student on its eleven campus and it centers.Over six thousand educational degrees were granted in several fields ofstudies ranging from Associates up to Doctoral degrees, Optometry degrees and Law degrees. | Description |
| Total Program Service Expense | 180878395 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 1 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| 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 | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 0 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | 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 | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| 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 | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Luis R Esquilin | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7877661912 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 363255 | AddressLine1 |
| City | San Juan | City |
| State | PR | State |
| ZIP Code | 009363255 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (39 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| Luis A Plaza | |||||||
| Chairman of the Board of Trustees | 8.00 | X | 0 | 0 | 0 | ||
| Antonio C Rosario | |||||||
| Vice Chairman of the Board of Trustees | 8.00 | X | 0 | 0 | 0 | ||
| Enrique Sigas | |||||||
| Secretary of the Board of Trustees | 8.00 | X | 0 | 0 | 0 | ||
| Aida Molinary | |||||||
| Assistant Secretary of the Board of Trustees | 8.00 | X | 0 | 0 | 0 | ||
| Antonio Pavia | |||||||
| Treasurer of the Board of Trustees | 8.00 | X | 0 | 0 | 0 | ||
| Jose R Munoz | |||||||
| Assistant Treasurer of the Board of Trustees | 8.00 | X | 0 | 0 | 0 | ||
| Ramon Ayala | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Aurealis T Baez | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Gloria Cordero | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Jorge Farinacci | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Amadeo I D Francis | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Jorge L Fuentes | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Anibal Gonzalez | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Dennis W Hernandez | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Domingo Mas | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Pedro M Mayol | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Juan J Perez | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Felipe Piazza | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Victor Rivera | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Luis A Rodriguez | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Elba Sanchez | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Gloria Santaella | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Eneida Sierra | |||||||
| Board Member | 8.00 | X | 0 | 0 | 0 | ||
| Manuel J Fernos | |||||||
| President of Inter American University of PR | 40.00 | 221200 | 0 | 78401 | X | ||
| Elie Agesilas | |||||||
| Chancellor | 40.00 | 103416 | 0 | 5141 | X | ||
| Rafael Ramirez | |||||||
| Chancellor | 40.00 | 124747 | 0 | 6207 | X | ||
| Irene Fernandez | |||||||
| Chancellor | 40.00 | 99372 | 0 | 4939 | X | ||
| Juan F Martinez | |||||||
| Chancellor | 40.00 | 88980 | 0 | 4419 | X | ||
| Ismael Suarez | |||||||
| Chancellor | 40.00 | 93060 | 0 | 4623 | X | ||
| Carlos Colon | |||||||
| Chancellor | 40.00 | 93480 | 0 | 4644 | X | ||
| Marilina Wayland | |||||||
| Chancellor | 40.00 | 144252 | 0 | 6823 | X | ||
| Vilma E Colon | |||||||
| Chancellor | 40.00 | 113412 | 0 | 5641 | X | ||
| Agnes Mojica | |||||||
| Chancellor | 40.00 | 124440 | 0 | 5892 | X | ||
| Julio Fontanet | |||||||
| Chancellor | 40.00 | 22744 | 0 | 1037 | X | ||
| Andres Pagan | |||||||
| Dean | 40.00 | 105773 | 0 | 4959 | X | ||
| Agustin Echevarria | |||||||
| VP for Academic Affairs and Systemic Planification | 40.00 | 124092 | 0 | 5875 | X | ||
| Luis R Esquilin | |||||||
| VP for Management, Finance and Systemic Services | 40.00 | 121752 | 0 | 6058 | X | ||
| Norberto Dominguez | |||||||
| VP for Religious Affairs | 40.00 | 70485 | 0 | 0 | X | ||
| Luis M Negron | |||||||
| Former Dean | 40.00 | 96699 | 0 | 2427 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1747904 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 147086 | TotalOtherCompensation |
| Number Individuals GT100 K | 31 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Triple-S Inc | |||||
| PO Box 70313 | San Juan | PR | 009360313 | Health Insurance | 11030713 |
| Marsh Saldana Inc | |||||
| PO Box 9023549 | San Juan | PR | 009023549 | Property, Casualty and Other Insurance | 3500623 |
| Tripoli Construction Inc | |||||
| PO Box 11239 | San Juan | PR | 009221239 | Construction Contractors | 2534448 |
| Villavicencio & Assoc Construction Corp | |||||
| PMB 303 35 Juan C Borbon Suite 67 | Guaynabo | PR | 009635375 | Construction Contractors | 1894627 |
| Ellucian Company LP | |||||
| 62590 Collections Center DR | Chicago | IL | 60693 | Software and systems providers | 1635717 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 261929 | FundraisingEvents |
| Noncash Contributions | 261929 | NoncashContributions |
| Total Contributions | 261929 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition and Fees | 611310 | 213161297 | 213161297 |
| Federal Grants and Con | 611310 | 17381311 | 17381311 |
| Commonwealth of Puerto | 611310 | 3858851 | 3858851 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 234401459 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3414308 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3414308 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1622760 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 261929 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1622760 | TotalRevenueColumn |
| Exclusion | $1,622,760 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Auxilliary Enterprises | 900099 | 9983704 | 9983704 | |
| Other Sources | 900099 | 2571724 | 2571724 | |
| Real Estate | 531390 | 272521 | 272521 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11689931 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11689931 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 24517880 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 264218336 | TotalRevenueColumn |
| Related Or Exempt Function Income | 262061126 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 272521 | UnrelatedBusinessRevenue |
| Exclusion | $1,622,760 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10576761 | Total |
| Program Services | 5658429 | ProgramServices |
| Management And General | 4918332 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 121035324 | Total |
| Program Services | 99786616 | ProgramServices |
| Management And General | 21248708 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3696240 | Total |
| Program Services | 2950398 | ProgramServices |
| Management And General | 745842 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12196740 | Total |
| Program Services | 6901776 | ProgramServices |
| Management And General | 5294964 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12478944 | Total |
| Program Services | 8325823 | ProgramServices |
| Management And General | 4153121 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 421727 | Total |
| Management And General | 421727 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 341300 | Total |
| Management And General | 341300 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12939396 | Total |
| Program Services | 3834629 | ProgramServices |
| Management And General | 9104767 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3132242 | Total |
| Program Services | 1355442 | ProgramServices |
| Management And General | 1773703 | ManagementAndGeneral |
| Fundraising | 3097 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1253903 | Total |
| Program Services | 545591 | ProgramServices |
| Management And General | 708312 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4034469 | Total |
| Program Services | 1431975 | ProgramServices |
| Management And General | 2602494 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27491 | Total |
| Program Services | 27491 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 751707 | Total |
| Program Services | 396795 | ProgramServices |
| Management And General | 353583 | ManagementAndGeneral |
| Fundraising | 1329 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 936008 | Total |
| Program Services | 569642 | ProgramServices |
| Management And General | 359782 | ManagementAndGeneral |
| Fundraising | 6584 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 386745 | Total |
| Program Services | 233752 | ProgramServices |
| Management And General | 152993 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4151624 | Total |
| Program Services | 2279133 | ProgramServices |
| Management And General | 1872491 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17030403 | Total |
| Program Services | 6502548 | ProgramServices |
| Management And General | 10527855 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1792881 | Total |
| Management And General | 1792881 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Other Expenditures | 43527924 | 38991630 | 4336453 | 199841 |
| Rent | 2345546 | 1086725 | 1255821 | 3000 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 253057375 | Total |
| Program Services | 180878395 | ProgramServices |
| Management And General | 71965129 | ManagementAndGeneral |
| Fundraising | 213851 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41025042 | BOY |
| EOY | 35562036 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12860062 | BOY |
| EOY | 8470764 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5012390 | BOY |
| EOY | 4174559 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13433897 | BOY |
| EOY | 14083777 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5001263 | BOY |
| EOY | 7413392 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 468976751 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 213043923 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250723395 | BOY |
| EOY | 255932828 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149438696 | BOY |
| EOY | 169567795 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24721793 | BOY |
| EOY | 28686060 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 502216538 | BOY |
| EOY | 523891211 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22315864 | BOY |
| EOY | 22757471 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2323606 | BOY |
| EOY | 1623260 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1269066 | BOY |
| EOY | 1381511 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12692867 | BOY |
| EOY | 12080691 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90268648 | BOY |
| EOY | 94674730 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 128870051 | BOY |
| EOY | 132517663 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 365769919 | BOY |
| EOY | 389928817 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6312954 | BOY |
| EOY | 181117 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1263614 | BOY |
| EOY | 1263614 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 373346487 | BOY |
| EOY | 391373548 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 502216538 | BOY |
| EOY | 523891211 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 11160961 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 6866100 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| 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 B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 1263614 | NumberDAFsHeld |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 151452732 | BeginningOfYearBalance |
| Contributions | 678540 | Contributions |
| Investment Earnings Or Losses | 22424080 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -21663 | GrantsOrScholarships |
| Other Expenditures | -2500000 | OtherExpenditures |
| Administrative Expenses | -922536 | AdministrativeExpenses |
| End Of Year Balance | 171111153 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 153531102 | BeginningOfYearBalance |
| Contributions | 678982 | Contributions |
| Investment Earnings Or Losses | -584745 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -21928 | GrantsOrScholarships |
| Other Expenditures | -1316447 | OtherExpenditures |
| Administrative Expenses | -834232 | AdministrativeExpenses |
| End Of Year Balance | 151452732 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 121802665 | BeginningOfYearBalance |
| Contributions | 843807 | Contributions |
| Investment Earnings Or Losses | 31658781 | InvestmentEarningsOrLosses |
| Other Expenditures | 75842 | OtherExpenditures |
| Administrative Expenses | 698309 | AdministrativeExpenses |
| End Of Year Balance | 153531102 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 106355372 | BeginningOfYearBalance |
| Contributions | 660149 | Contributions |
| Investment Earnings Or Losses | 16179505 | InvestmentEarningsOrLosses |
| Other Expenditures | 875654 | OtherExpenditures |
| Administrative Expenses | 516707 | AdministrativeExpenses |
| End Of Year Balance | 121802665 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 136375478 | BeginningOfYearBalance |
| Contributions | 10167 | Contributions |
| Investment Earnings Or Losses | -28939825 | InvestmentEarningsOrLosses |
| Other Expenditures | 721270 | OtherExpenditures |
| Administrative Expenses | 460678 | AdministrativeExpenses |
| End Of Year Balance | 106355372 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.99150 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.00740 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00110 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 29532539 | InvestmentCostOrOtherBasis |
| Book Value | 29532539 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 282604936 | InvestmentCostOrOtherBasis |
| Depreciation | 102812523 | Depreciation |
| Book Value | 179792413 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 148307169 | InvestmentCostOrOtherBasis |
| Depreciation | 110231400 | Depreciation |
| Book Value | 38075769 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 8532107 | InvestmentCostOrOtherBasis |
| Book Value | 8532107 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 255932828 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Investments | Description |
| Book Value | 169567795 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 169567795 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Deposits Held in Trust | 18559304 |
| Real Estate | 8231395 |
| Debt Issue Cost | 1895361 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 28686060 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Loan Payable | $89,701,777 |
| Student Deposits | $108,962 |
| Deferred Compensation | $4,863,991 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 94674730 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 271084436 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 6866100 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 6866100 | RevenueNotRptdF990 |
| Revenue Subtotal | 264218336 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 264218336 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 253057375 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 253057375 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 253057375 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 4: | The University has received several work of arts from distinguished writers, artists, individuals and companies for educational exhibition, preservation and research. | |
| 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 positions 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 in which the change in judgment occurs. The University records interest related to unrecognized tax benefits in interest expense and penalties in selling, general, and administrative expenses. | Description of Uncertain Tax Positions Under FIN 48: |
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 |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | As required by federal and state laws the Universidad Interamericana de Puerto Rico includes in most of the documentation its nondiscriminatory policies and statements. |
| Explanation of Government Financial Assistance | 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. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | General Activities | NameOfEvent1 |
| Gross Receipts Event1 | 1884689 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 1884689 | GrossRevenueEvent1 |
| Gross Receipts Total | 1884689 | GrossReceiptsTotal |
| Gross Revenue Total Events | 1884689 | GrossRevenueTotalEvents |
| Net Income Summary | 1884689 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Students' Scholarships | TypeOfGrant |
| Number Of Recipients | 41173 | NumberOfRecipients |
| Amount Of Cash Grant | 16285833 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Financial aid assistance are awarded based on US, State, and private guidelines as required by the type or source of assistance. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manuel J Fernos | ||||||||||||||
| President of Inter American Universi | 221200 | 0 | 0 | 0 | 0 | 0 | 78401 | 0 | 0 | 0 | 299601 | 0 | 0 | 0 |
| Marilina Wayland | ||||||||||||||
| Chancellor | 137052 | 0 | 0 | 0 | 7200 | 0 | 6823 | 0 | 0 | 0 | 151075 | 0 | 0 | 0 |
| Luis M Negron | ||||||||||||||
| Former Dean | ||||||||||||||
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | An executive / officer received housing allowance as part of her compensation. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Universidad Interamericana de Puerto Rico | ||||||||
| A | 660177776 | NoneAvail | 2004-12-01 | 36575000 | Bonds issued for new educational buildings | 0 | 0 | 0 |
| Universidad Interamericana de Puerto Rico | ||||||||
| B | 660177776 | NoneAvail | 2012-08-12 | 58455000 | Bonds issued for new educational buildings | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | B | BondReferenceCd |
| Total Proceeds | 63876350 | TotalProceeds |
| Amount In Reserve Fund | 5017102 | AmountInReserveFund |
| Issuance Costs From Proceeds | 899764 | IssuanceCostsFromProceeds |
| Capital Expenditures | 9400000 | CapitalExpenditures |
| Year Of Subst Completion | 2012 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | B | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 28850 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Space Usage | Description |
| Number Of Contributions | 24 | NumberOfContributions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation for Not Filing Form 990-T | Form 990, Part V, line 3b | The UBT was in Puerto Rico, the subsidiary filed a Puerto Rico corporate tax for its operations. |
| Form 990, Part VI, Section A, line 6 | The Institution has a Board of Trustees that meet monthly to oversee and monitor all business aspects of the organization. | |
| Form 990, Part VI, Section A, line 7a | The Board of Trustees has an internal procedure to evaluate, nominate, and vote for the available positions. | |
| Form 990, Part VI, Section B, line 11 | A printed copy of the 990 return is presented to the Board of Trustees prior formal filing to IRS. The return is compiled and calculated based upon its audited financial statements and supplemental information gathered fro the Universitys internal reporting system. | |
| Form 990, Part VI, Section B, line 12c | The Institution has a written policy and a 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 | The Human Resources Office compiles market data, trends, and other information to assess the personnels compensation. In addition, for some positions there are committees being assigned to review and evaluate prospective personnel. | |
| Form 990, Part VI, Section C, line 19 | The Institution makes the governing documents, conflict of interest policy, financial statements available to the public upon request. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Empresas Interex Inc | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 195274 | AddressLine1 |
| City | Hato Rey | City |
| State | PR | State |
| ZIP Code | 00918 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 660517257 | EIN |
| Primary Activities | Real Estate Operations | PrimaryActivities |
| Legal Domicile Foreign Country | RQ | LegalDomicileForeignCountry |
| Total Income | 272521 | TotalIncome |
| EOY Assets | 13452123 | EOYAssets |