2014-03-12T17:40:51-07:00 2013-07-31 990 2012-08-01 660201206 SISTEMA UNIVERSITARIO ANA G MENDEZ INC SIST 7877510178 PO BOX 21345 San Juan Puerto Rico RQ 00928-1345 Alfonso L Davila 7877510178 2014-03-12 2012 2015-11-30 17:44:51Z Jose F Mendez Gonzalez PO Box 21345 San Juan PR 009281345 298745993 0 X www.suagm.edu X 1950 PR Sistema Universitario Ana G. Méndez (SUAGM or the Institution) is a private, nonprofit, educational institution that operates three educational institutions (Universidad Metropolitana, Universidad del Este, and Universidad del Turabo) 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. 13 9 6231 0 213644 213644 43034520 45007435 219172881 216387796 2127986 3071226 14607626 13808495 278943013 278274952 22494828 25102740 0 0 147150439 133305950 0 0 0 109848591 105834734 279493858 264243424 -550845 14031528 362870525 367227318 205418607 192091761 157451918 175135557 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. At last, 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 85713315 515892 196321332 Instruction - These are the expenditures incurred to provide a complete instruction program, allowing the students to obtain a quality higher education. It also includes academic administration expenses which primary function is instructional. Some examples of expenses included in this category are: faculty salaries, expenses incurred by schools, deans, departments and other academic units. 33933506 0 62045 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. 18494602 103014 3166446 Public Service - These are the expenditures incurred for the operation of a non commercial television station providing educational and cultural programs to students and the community. Also included under this category are expenditures from activities developed for community service, mainly high school dropout students, socially and economically challenged students, academically outstanding students, and others. 8776011 67954 174533 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. 16960716 1057340 209215 Student Services - These are the expenditures incurred 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. 9294718 157733 225401 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. 23118338 23275944 31057530 Scholarships - These are expenditures related to scholarhsips and fellowships from restricted and unrestricted funds in the form of grants to students, resulting from selection by the institutions or from an entitlement program. It also includes trainee stipends. The recipients of grants are not required to perform services for the institutions as consideration for the grant to the funding source. 2030811 38019 2264660 Auxiliary Enterprises - These are the expenditures incurred for essentially self supporting operations of the institutions that exist to furnish a service to students, faculty and staff of the institutions, and incidentally to the general public. They include cafeterias, parkings, bookstores, and a printing shop. 60180594 24596990 33931339 198322017 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 6231 1 1 1 0 0 0 0 0 X 13 9 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PR X X Alfonso Davila 7877510178 PO BOX 21345-1345 San Juan PR 009281345 Florabel G Mullick 1 0 X 0 0 0 Antonio J Colorado 1 0 X 0 0 0 Jose Domingo Perez 1 0 X 0 0 0 Zoraida Fonalledas 1 0 X 0 0 0 Juan R Melecio 1 0 X 0 0 0 Victor R Hernandez Mendez 1 0 X 0 0 0 Felix Rodriguez Schmidt 1 0 X 0 0 0 Hector A Jimenez Ramirez 1 0 X 0 0 0 Rene A Leon Rodriguez 1 0 X 0 0 0 Ramiro Millan 1 0 X 0 0 0 Rafael Nadal Arcelay 1 0 X 0 0 0 Jose F Mendez Jr 40 1 X X 210755 4000 17532 Jose F Mendez Gonzalez 40 1 X X 535384 0 12457 Alfonso L Davila Silva 40 1 X 237386 4000 20668 Jorge L Crespo Armaiz 40 0 X 201944 0 16937 Victoria de Jesus 40 0 X 206184 0 17045 Jesus A Diaz Ortiz 40 1 X 189537 4875 17532 Francisco J Bartolomei 40 0 X 221125 0 9227 Federico Matheu Delgado 40 0 X 220765 0 3451 Alberto Maldonado Ruiz 40 1 X 234993 4000 17363 Dennis Alicea Rodriguez 40 0 X 244689 0 19771 Migdalia Torres Rivera 40 0 X 191661 0 19944 Margarita Torres Millan 40 0 X 195669 0 16867 John Navarro Ferreira 40 0 X 174840 0 19898 Luis Zayas Seijo 28 12 X 152392 61586 16282 Juan Arratia 40 0 X 137573 0 2349 Roberto Loran Santos 40 0 X 140707 0 2349 Gladys Betancourt 40 0 X 147446 0 4698 Marcelino Rivera Lopez 40 0 X 134691 0 6365 Sonia Davila Velazquez 40 0 X 130880 0 2349 3908621 78461 243084 64 0 1 1 QB CONSTRUCTION INC PO BOX 362066 San Juan PR 009362066 Construction 4460300 St James Securities Services Inc 1604 Ponce de Leon Avenue Caribe Urb San Juan PR 00926 Security 3065518 National Building Maintenance 855 Hostos Avenue Ponce PR 007161105 Maintenance 2485270 ORTIZ GROUP ENGINEERING CON PO BOX 869 Toa Alta PR 00953 Construction 2412628 BBDO Puerto Rico PO BOX 11854 San Juan PR 009221854 Advertising 1896861 73 0 0 0 0 45007435 0 97800 45007435 Tuition & Fees 611710 213427557 213427557 0 0 Auxiliary Enterprises 611710 1128693 1128693 0 0 Sistema Tv 515100 1831546 1248155 213644 369747 0 0 0 0 216387796 1340365 0 0 1340365 0 0 0 0 0 0 0 0 45626 0 6177 0 39449 0 39449 0 0 39449 20644857 0 18913996 0 1730861 0 1730861 0 0 1730861 0 3679198 1550868 2128330 0 0 2128330 Continuing Education 611710 4824906 4824906 0 0 Miscellaneous Revenues 611710 3388234 3388234 0 0 F & A Recovery 611710 1808644 1808644 0 0 1618932 1618932 0 0 11640716 278274952 227445121 213644 5608752 X 0 0 25102740 25102740 0 0 0 0 3413817 0 3413817 0 0 0 0 0 109333129 93897198 15435931 0 -4647562 130845 -4778407 0 14540952 10464841 4076111 0 10665614 8723359 1942255 0 0 0 0 0 1115391 0 1115391 0 283681 0 283681 0 0 0 0 0 0 0 415997 0 415997 0 15443569 12789174 2654395 0 5189222 446288 4742934 0 12813030 9786147 3026883 0 2250309 1411631 838678 0 0 0 0 0 21742195 21055482 686713 0 2872145 2143775 728370 0 5623 0 5623 0 8914324 8001559 912765 0 6491727 0 6491727 0 0 0 0 0 17988898 0 17988898 0 1452070 1452070 0 0 8856553 2916908 5939645 0 264243424 198322017 65921407 0 0 0 39423125 28625943 2217216 1285406 2042119 1880174 0 0 0 0 0 0 1739870 1670649 5131714 5651581 465582732 204085785 253419396 261496947 45322662 52359389 1516462 1458911 769433 580557 0 0 11288528 12217761 362870525 367227318 32074237 27975315 124245302 118769668 34271252 38549620 14827816 6797158 205418607 192091761 X 144770256 163826872 4218446 2416376 8463216 8892309 157451918 175135557 362870525 367227318 X 14031528 3645924 0 0 0 6187 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2 12 0 0 0 1 0 0 0 0 0 1508897 0 0 X X X X 1 48788239 431293 6283958 0 260768 71576 55171146 48952243 294143 499826 0 497472 460501 48788239 43641749 367354 5658794 0 257742 457912 48952243 38628717 317000 5575242 0 485476 393734 43641749 44520968 80000 -4868206 0 708426 395619 38628717 0.67 0.175 0.155 0 0 0 34907799 34907799 0 268366161 94150664 174215497 0 0 0 0 0 114036724 88427923 25608801 0 48272048 21507198 26764850 261496947 0 Advances for federal government for student loans 217344 Liability for other employee benefits 3896834 Liability for pension benefits 2682980 6797158 X 260012293 3645924 0 0 -23049632 -19403708 279416001 415997 -1557046 -1141049 278274952 250047363 0 0 0 9269567 9269567 240777796 415996 23049632 23465628 264243424 SchD_P02_S00_L09 Schedule D, Part II, Line 9 The Institution does not have any conservation easements recorded on its books as of July 31, 2013. Therefore, there is no need for a disclosure in the financial statements related to conservation easements. However, the Institution owns (as of July 31, 2013) two properties (Land) that were donated to establish an enviromental laboratory for UMET's Enviromental Studies School. They were recorded at the time of donation at market value. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The Universidad del Turabo's Museum and Center for Humanistic Studies (The Museum) has a collection of works of art totaling $1,508,897 as of July 31, 2013. The collection has approximately 3,200 registered objects in three major areas: Archeology, Fine Arts, and Folk Arts. The Museum collects objects of the cultural heritage representative of the central and eastern regions of Puerto Rico. Also, the Museum collects works of art of national relevance that contribute to the understanding of our culture. One of SUAGM's mision is to enhance knowledge through excellence in education and to promote research, innovation and the internationalization of its academic programs. The Museum mission is to collect, preserve, study, and disseminate the artistic and humanistic expressions of our regional and national Puerto Rican Culture for the enjoyment and benefit of the University Community and the general public. Thus, the Museum mission complements that of SUAGM in that it enhances our students and the community's knowledge of their cultural heritage. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The Institution's endowment has three components: Endowment, Quasi Endowment, and Scholarship Edowment. Endowment funds are spent according to the spending policy, as established in the Board of Director's Statement of Investment Policy, Guidelines, and Objectives. The edowment contains donor 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 these grants initiated in the 1980's. Unrestricted funds are available for spending for administrative ( investment management fees, etc.) and operational expenses if approved by the Board of Directors. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Institution follows the guidance contained in ASC Topic 740-10-25, Accounting for Uncertainty in Income Taxes. ASC Topic 740-10-25 prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken. Based upon its evaluation, the Institution concluded that there are no significat uncertain tax positions requiring recognition in its financial statements. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Scholarships: $(23,049,632) SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Property taxes $(6,177) - Cost of goods sold $(1,550,868) = $(1,557,046) SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Cost of good sold: $1,550,868 + Pension - related changes other than net periodic pension cost: $7,718,709 =$9,269,567 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Scholarships: $23,049,632 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The Institution is in compliance with the Rev. proc. 75-50 SchE_P01_S00_L06 Schedule E, Part I, Line 6 Students at the three universities are eligible and receive grants from US and Puerto Rico goverments, mainly Title IV Funds from the Federal Department of Education (DE). Other Sources of financial aid for teacher training, studies in nursing, veterans, the disabled, among others, are provided trough federal agencies (DE, DHHS, Etc.). Our students also receive financial aid in the form of loans through the Federal Family Educational Loan Program. Other sources of aid are available for specific academic programs, like science and mathematics, through the National Science foundation and others. 1 Scholarship and stipends 23979 23049632 0 0 0 College work study 1736 2053108 0 0 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Financial aid assistance is awarded based on US Federal, State, and Private guidelines as required by the corresponding type of assistance. SchI_P03_S00_L00 Schedule I, Part III Scholarships and stipends - Funds provided to students attending any of SUAGM's institutions that meet the requirements of a particular program (such as athletic and honor programs). Also, SUAGM may provide scholarships to students that present significant financial need. Scholarships may cover tuition, books and supplies costs; while stipends may cover other related living costs, like: food, housing and transportation. College work study - Funds may cover student's costs of living. X X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 Jose F Mendez Gonzalez 468378 0 11709 0 55297 0 2000 0 10457 0 547841 0 0 0 Dennis Alicea Rodriguez 231800 0 5795 0 7093 0 14434 0 5337 0 264459 0 0 0 Alberto Maldonado Ruiz 223440 0 5586 0 5967 4000 15128 0 2235 0 252356 4000 0 0 Alfonso L Davila Silva 228309 0 5708 0 3369 4000 15136 0 5532 0 258054 4000 0 0 Federico Matheu Delgado 213087 0 5638 0 2040 0 0 0 3451 0 224216 0 0 0 Francisco J Bartolomei 196997 0 4925 0 19203 0 4758 0 4469 0 230352 0 0 0 Jorge L Crespo Armaiz 193000 0 4825 0 4119 0 14702 0 2235 0 218881 0 0 0 Victoria de Jesus 200715 0 4850 0 619 0 14810 0 2235 0 223229 0 0 0 Migdalia Torres Rivera 173699 0 4395 0 13568 0 14412 0 5532 0 211606 0 0 0 Jesus A Diaz Ortiz 183004 0 4575 0 1958 4875 12000 0 5532 0 207069 4875 0 0 Margarita Torres Millan 188000 0 4700 0 2969 0 14632 0 2235 0 212536 0 0 0 John Navarro Ferreira 169000 0 4225 0 1615 0 14366 0 5532 0 194738 0 0 0 Luis Zayas Seijo 146256 57586 3656 0 2480 4000 14048 0 2235 0 168675 61586 0 0 Jose F Mendez Jr 191723 0 4793 0 14239 4000 12000 0 5532 0 228287 4000 0 0 SchJ_P01_S00_L01a Schedule J, 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 on official business trip may travel in Business Class. Also, the Institution pays travel expenses in Business Class for the President and Vice-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 Companions - The President's spouse accompanies him at the Institution's expense 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 a property that is used as the President's residence. The rent market value of this property is classified and reported as part of the President's compensation. D) Payment for Business Use of Personal Residence - The President owns a property contiguous to the Institution's property provided as residence. The Institution covers expenses related to business activities at this property. E) Health and Social Club Dues or Initiation Fees - The Institution covers the cost of membership at local hotels to be used for activities and representation expenses by Officers. F) Personal Services - The Institution covers the costs of a chauffer for the President and maid services at the President's residence. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Jose F. Méndez Gonzalez: Nonqualified retirement plan - $2,000, Dennis Alicea Rodríguez: Nonqualified retirement plan - $12,000, Alberto Maldonado Ruiz: Nonqualified retirement plan - $12,000, Alfonso L. Dávila: Nonqualified retirement plan - $12,000, Jorge L. Crespo Armaiz: Nonqualified retirement plan - $12,000, Migdalia Torres Rivera: Nonqualified retirement plan - $12,000, Francisco J. Bartolomei: Nonqualified retirement plan - $2,000, Jesus A. Diaz Ortiz: Nonqualified retirement plan - $12,000, Victoria de Jesus: Nonqualified retirement plan - $12,000, John Navarro Ferreira: Nonqualified retirement plan - $12,000, Margarita Torres Millan: Nonqualified retirement plan - $12,000, Jose F. Mendez Jr. Nonqualified retirement plan - $12,000 and Luis Zayas Seijo: Nonqualified retirement plan - $12,000. 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 Adquisition and Construction of educational facilities 0 0 0 A 0 0 30450352 1949750 0 0 580292 0 0 27920310 0 0 2006 0 0 1 1 B 0 0 80415798 5378712 0 0 1407843 0 0 6734996 0 0 2015 1 1 1 1 A 0 1 0 0 0.0088 0 0.0088 1 0 1 B 0 1 0 0 0.0129 0 0.0129 1 0 1 A 0 1 0 0 0 0 1 Royal Bank of Canada 30 1 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 ILEANA CASTRO ROSELLO Chancellor's Spouse 24757 Employment 0 LAURA E APONTE HERNANDEZ Officer's Spouse 35055 Employment 0 CARMEN J RIVERA LOPEZ Dean's Sister 54444 Employment 0 JESUS E DIAZ DE JESUS Officer's Son 21519 Employment 0 RAUL N GOMEZ BETANCOURT Vicechancellor's Son 57007 Employment 0 EILEEN MARIE RODRIGUEZ DOMENECH Officer's Spouse 66870 Employment 0 VICTOR J HERNANDEZ GARCIA Director's Son 30750 Employment 0 JOSELYN GOMEZ BETANCOURT Vicechancellor's Daughter 34149 Employment 0 ANDRES ROBERTO LORAN Vicechancellor's Son 36382 Employment 0 VICTORIA RODRIGUEZ President's Spouse 67182 Employment 0 ALEJANDRO J GOMEZ BETANCOURT Vicechancellor's Son 31750 Employment 0 ANDRES ALFONSO LLOVERAS MENDEZ President's Grandchildren 41819 Employment 0 PRISCILLA LORAN VELAZQUEZ Vicechancellor's Daughter 28569 Employment 0 BBDO Puerto Rico President of BBDO is SUAGM's Director 1896861 Independent Contractor 0 Cancio Nadal Rivera Diaz PSC Partner of Cancio Nadal Rivera Diaz PSC is SUAGM's Director 219636 Independent Contractor 0 X 70 97800 External third party appraisal 0 0 0 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Jose F. Mendez Jr. ,Executive VP, and Jose F. Mendez Gozalez ,President, have a family relationship. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The information required to complied 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 its Controller, and approved by the Vicepresident for Financial Affairs. A copy of this Form 990 was provided to all members of the Board of Directors before filling the form. F990_P06_S0B_L12c 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 Offices. The form is also administered to all employees and faculty members that participate in federally funded projects. This process is administered by the Vicepresidency of Human Resources. The policy is also discussed as part of the training program for new employees and at other activitites involving staff and faculty. A memorandum is distributed through the Insititution's internal communication to all the university's community to make them aware of the conflict of interest policy in force. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The compensation of the organization's President and Officers are reviewed by an independent consulting group which uses comparable data to determine if it is reasonable when compared to their industry. The results are then presented to the Board of Directors for their approval. F990_P06_S0C_L19 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 the Office of Financial Administration of Sponsored Programs website page and through the Vicepresidency of Human Resources. Interim and audited financial statements are routinely distributed to banks and creditors and are also available to the public upon request. F990_P09_S00_L24e Form 990, Part IX, Line 24e Program service expenses: Production and Programming TV Channel $525,771 + Bad debt expenses $68,055 + All other expenses $2,323,081. Management and general expenses: Bad debt expenses $ 3,919,095 + All other expenses $2,020,550. F990_P11_S00_L09 Form 990, Part XI, Line 9 Property Taxes of $6,189