2026-03-02T13:20:30-05:00 2025-06-30 660611885 ALVARADO TAX & BUSINESS ADVISORS LLC PO BOX 195598 SAN JUAN PR 009195598 990 2024-07-01 660404491 ATLANTIC UNIVERSITY INC ATLA 7877201022 PO BOX 3918 GUAYNABO PR 00970 RAMON C BARQUIN TORRES PRESIDENT OF THE BOA 7877201022 2026-03-02 true true ALEJANDRO MENDEZ P01334819 7879994400 2026-03-02 2024 2025-03-06 01:10:19Z RAMON C BARQUIN TORRES 12337973 false X HTTP://ATLANTICU.EDU X 1983 PR PROVIDE POST-SECONDARY EDUCATION OF EXCELLENCE. 10 10 225 0 944610 1912382 10864312 9914565 22080 44604 1124103 466422 12955105 12337973 196419 164059 0 6686368 6246353 0 0 8122706 7786459 15005493 14196871 -2050388 -1858898 23734274 24453104 3729407 6307135 20004867 18145969 PROVIDE POST-SECONDARY EDUCATION OF EXCELLENCE. false false 7894950 164059 12337973 PROVIDE POST-SECUNDARY EDUCATION OF EXCELLENCE AS LEADERS IN SCIENCE AND DIGITAL ARTS, CONTRIBUTING TO THE INTEGRAL DEVELOPMENT OF OUR STUDENTS, WHICH ALLOWS THEM TO PERFORM, SUCESSFULLY AND CONTRIBUTE TO THERE COUNTRY. 7894950 true true false false false false false false false false true false false true false false true false true false false false false false false false false false true true false false false true false true true false false false false false false true false false false true 0 0 false 225 true false false false false false false false false false false false false false false X 10 10 true false false false false false false true true false false true true true true true true true true false X ATLANTIC UNIVERSITY INC 7877201022 PO BOX 3918 GUAYNABO PR 00970 X RAMON C BARQUIN TORRES PRESIDENT OF 40.00 X 327475 0 172411 ZAYIRA JORDAN CONDE FORMER OFFIC 40.00 X 153677 0 11077 ALEXANDRA FERNANDEZ NAVARRO SECOND VICEP 32.00 X 120000 0 0 JUAN C RAMIREZ DE ARELLANO FIRST VICEPR 0.25 X 0 0 300 STEFAN ANTONMATTEI TRUSTEE 0.25 X 0 0 100 JOSE M GOMEZ LEON TRUSTEE 0.25 X 0 0 100 ARTURO COLON RODRIGUEZ TRUSTEE 0.25 X 0 0 100 NIVIS GONZALEZ RODRIGUEZ TRUSTEE 0.25 X 0 0 100 YANIRA RUIZ SOTO TRUSTEE 0.25 X 0 0 100 ERNESTO SMITH BRINGAS TREASURER 0.25 X 0 0 0 FRANK ARENAL LA ROSA SECRETARY 0.25 X 0 0 0 601152 184288 4 true true false ALLIED UNIVERSAL PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 304963 WELL DONE 104 CALLE MAYAGUEZ SAN JUAN PR 00917 MAINTENANCE 304469 QUALITY INDUSTRIAL SERVICES PMB 175 39 ST UU-1 SANTA JUANITA BAYAMON PR 00956 A/C MAINTENANCE 174687 3 1912382 1912382 TUITION 611600 9914565 9914565 9914565 44604 44604 IN-KIND CONTRIBUTION 262988 262988 SUMMER WORKSHOP 139891 139891 OTHER REVENUE 63543 63543 466422 12337973 10380987 44604 164059 164059 564475 564475 153677 153677 4988674 1923903 3064771 58325 32605 25720 481202 266166 215036 1350915 287185 1063730 106814 15979 90835 40040 40040 268582 366 268216 15336 12729 2607 591515 460730 130785 388 217 171 256447 226472 29975 2652500 2129547 522953 232407 192898 39509 RENT EXPENSE 811988 673950 138038 REPAIRS & MAINTENANCE EXP 579855 481280 98575 MISCELLANEOUS EXPENSE 553653 97946 455707 CHARITABLE CONTRIBUTIONS 209295 101622 107673 116724 109144 7580 14196871 7894950 6301921 0 2546266 2338406 400066 110914 369153 501099 82204 141206 30374249 13616818 18706326 16757431 1630259 4604048 23734274 24453104 1923460 1829036 148275 271779 5400 1652272 4206320 3729407 6307135 X 20004867 18145969 20004867 18145969 23734274 24453104 -1858898 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2333650 2333650 10865654 2762994 8102660 4977110 3837632 1139478 11264064 6342093 4921971 933771 674099 259672 16757431 OPERATING LEASEING ROU ASSETS NET 2917109 EMPLOYEE RETENTION CREDIT RECEIVABLE 1024590 GRANT RECEIVABLE 429175 OTHER ASSETS 110684 ACCOUNT RECEIVABLE OTHER 94733 VEHICLE UNDER FINANCING LEASE 27757 4604048 12337973 12337973 12337973 14196871 14196871 14196871 true true true false true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE UNIVERSITY POLICIES OF NONDISCRIMINATORY POLICIES ARE PUBLISHED AT THE INSTITUTIONAL CATALOGUE, PAGE 22 AND THE CATALOGUE IS ON THE WEBSITE SCHEDULE E, LINE 4 ALL OF OUR STUDENTS AND STAFF ARE LATINO-AMERICAN. THE UNIVERSITY MAKE NO DISTINCTION AMONG PERSONS BASED UPON RACE, GENDER OR RELIGION AND THEREFORE DO NOT KEEP THESE RECORDS. SCHEDULE E, LINE 6 THE INSTITUTION HAS MANUALS OF PROCEDURES FOR THE FUNDS OF THE "GRANTS- AND WE ALSO HAVE EXTERNAL EVALUATIONS, TO MONITOR THE MANAGEMENT OF THE FUNDS. true PPOHA 97 164059 BOOK VALUE SCHEDULE I, PAGE 1, PART I, LINE 2 WE ARE INCLUDING AN EXTRACT OF SOME OF THE PROCEDURES INCLUDED IN THE MANUALS. ALL "GRANTS" RESPOND TO THESE PROCEDURES X X X X X X false false false true false false false false false RAMON C BARQUIN TORRES PRESIDENT OF THE BOA 327475 172411 327475 172411 ZAYIRA JORDAN CONDE FORMER OFFICER 153677 11077 164754 SCHEDULE J, PAGE 1, PART I, LINE 5A EXPLANATION OF THE NONTAXABLE BENEFITS - THE PREMIUMS OF THE LIFE INSURANCE POLICY WAS PAID BY AUC ON BEHALF OF THE PRESIDENT OF THE BOA AND IT WAS NOT REPORTED AS COMPENSATION. CORPORACION EDUCATIVA RAMON BARQUIN THE BOARD OF TRUSTEE WORKING CAPITAL X 544153 501099 false true true 501099 RAMON BARQUIN TORRES MNGT CONSULTING 499886 SEE STATEMENT ATTACH false ALEXANDRA FERNANDEZ 2ND VP 120000 SEE STATEMENT ATTACH false SCHEDULE L, PART V RAMON BARQUN TORRES RELATIONSHIP WITH ORGANIZATION: PRESIDENT OF THE BOARD OF TRUSTEES & MANAGEMENT CONSULTING AND SUPPORT AS REQUESTED BY THE BOARD OF TRUSTEES. DESCRIPTION: -PROFESSIONAL SERVICES OF REORGANIZATION MATTERS, MEETINGS WITH EXTERNAL AND INTERNAL OFFICIALS -MANAGEMENT OF ALL THE BOARD OF TRUSTEES' TASKS AT ATLANTIC AS EXECUTIVE ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER OF THE PARENT CORPORATION AND ALL ITS SUBSIDIARIES. -MANAGEMENT OF INTERNAL AND EXTERNAL BOARD OF TRUSTEES' RELATIONS, AS WELL AS RELATIONS WITH GOVERNMENT AND POLITICAL AFFAIRS. -IMPLEMENTATION AND DEVELOPMENT OF THE BOARD OF TRUSTEES' DECISIONS AND RESOLUTIONS TO ENSURE COMPLIANCE WITH THE BYLAWS. -HANDLING MATTERS RELATED TO COMPLIANCE POLICIES REQUIRED BY EXTERNAL AGENCIES, BOTH STATE AND FEDERAL. -PROVIDING SUPPORT IN FUNDRAISING WITH STATE, FEDERAL AGENCIES, AND PRIVATE ENTITIES. -PRINCIPAL EXECUTOR OF GOVERNANCE AND ADMINISTRATION OF ATLANTIC ON BEHALF OF THE BOARD OF TRUSTEES WHEN IT IS NOT IN SESSION. -PROVIDING SUPPORT IN STRATEGIC PLANNING, EXPANSION, AND DEVELOPMENT TO THE BOARD OF TRUSTEES. -SERVING AS THE LIAISON OFFICER WITH THE PRESIDENT AND THE ADMINISTRATION REGARDING ALL MATTERS RELATED TO THE BOARD OF TRUSTEES. -ADVISING THE BOARD OF TRUSTEES ON ALL MATTERS THEY DEEM FIT TO ENTRUST TO YOU IN WHICH THEIR INTERESTS ARE INVOLVED AND COORDINATING THE VARIOUS ACTIVITIES OF THE BOARD OF TRUSTEES, INCLUDING THE FUNCTIONING OF ITS COMMITTEES. ALEXANDRA FERNNDEZ RELATIONSHIP WITH ORGANIZATION: SECOND VICE PRESIDENT OF THE BOARD OF TRUSTEES DESCRIPTION: -SECOND VICE PRESIDENT OF THE BOARD OF TRUSTEES AU, WITH ALL THE REQUIREMENTS AND RESPONSIBILITIES THAT SUCH A POSITION ENTAILS. -ENSURE COMPLIANCE WITH BOARD OF TRUSTEES RESOLUTIONS. -ENSURE COMPLIANCE WITH THE BYLAWS OF THE BOARD OF TRUSTEES. IDENTIFY RISKS, LEGAL, REGULATORY, AND OPERATIONAL CONSTRAINTS AFFECTING THE GOVERNANCE OF AU, AND THEREFORE WITHIN THE PURVIEW OF THE BOARD OF TRUSTEES. -ADVISE THE BOARD OF TRUSTEES ON ALL MATTERS ENTRUSTED TO IT, INCLUDING BUT NOT LIMITED TO ALL TYPES OF INQUIRIES, DEMANDS, ADMINISTRATIVE PROCEDURES, REGULATIONS, CONTRACTS, CONTRACTUAL CLAIMS, AND LEGAL ADVICE ON ANY ISSUES IN WHICH THEIR INTERESTS ARE INVOLVED. -LEGAL REPRESENTATION IN LEGAL MATTERS BEFORE THE COURTS OF THE COMMONWEALTH OF PUERTO RICO, FEDERAL COURTS, AND OTHER FORUMS, REGARDING ASSIGNED CASES. THIS INCLUDES ALL RELEVANT LEGAL REPRESENTATION AND APPEARANCES BEFORE VARIOUS FORUMS, INCLUDING BUT NOT LIMITED TO DEPOSITIONS, INTERROGATIONS, MEETINGS, INSPECTIONS, OR ADMINISTRATIVE HEARINGS. -SERVE AS THE LIAISON OF THE BOARD OF TRUSTEES WITH EXTERNAL LEGAL CONSULTANTS AND ADVISORS. FORM 990, PAGE 6, PART VI, LINE 2 RAMON C BARQUIN TORRES PRESIDENT FORM 990, PAGE 6, PART VI, LINE 11B THE REVIEW OF FORM 990 IS CONDUCTED BY THE MANAGEMENT OF THE ORGANIZATION FORM 990, PAGE 6, PART VI, LINE 12C AS PER OUR NEWLY ADOPTED CORPORATE BYLAWS, PREXISTING CORPORATE BYLAWS AND OUR CONFLICT OF INTEREST POLICY IN PLACE SINCE 2015, ANY TRUSTEE AND OFFICER HAS A FIDUCIARY DUTY TO ANNUALLY SUBMIT A SIGNED DISCLOSURE QUESTIONNAIRE AND STATEMENT THAT IS SAFEGUARDED BY THE BOARD SECRETARY OR EXECUTIVE SECRETARY. THOSE TRUSTEES OR OFFICERS HAVE THE SAME RESPONSIBILITY TO DIVULGE ANY CONFLICT OF INTEREST IN REGULAR OR SPECIAL SESSIONS OF THE BOARD AMD ABSTAIN FROM PARTICIPATING IN ANY DETERMINATION THAT CONCERNS THE CONFLICT. THE CONFLICT OF INTEREST OBLIGATION APPLIES TO DIRECTORS AND OTHER UNIVERSITY PERSONNEL VIA THEIR RESPECTIVE EMPLOYMENT CONTRACTS, EMPLOYEE OR FACULTY MANUALS, OR OTHER INSTITUCIONAL POLICIES. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION DETERMINATION PROCESS THE COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES IS DETERMINED THROUGH A STRUCTURED PROCESS THAT INCLUDES THE FOLLOWING: 1. REVIEW AND APPROVAL BY INDEPENDENT PERSONS - COMPENSATION DECISIONS ARE REVIEWED AND APPROVED BY INDIVIDUALS WHO ARE INDEPENDENT AND HAVE NO CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. THIS TYPICALLY INCLUDES THE ORGANIZATION'S BOARD OF DIRECTORS OR A DESIGNATED COMPENSATION COMMITTEE COMPOSED ENTIRELY OF INDEPENDENT MEMBERS. 2. USE OF COMPARABILITY DATA - THE ORGANIZATION OBTAINS AND CONSIDERS COMPARABILITY DATA TO ASSESS THE REASONABLENESS OF COMPENSATION LEVELS. AN INDEPENDENT COMPENSATION STUDY IS CONDUCTED BY HEWITT ASSOCIATES, AN AON COMPANY, WHICH ANALYZES DATA FROM SIMILARLY SITUATED ORGANIZATIONS, CONSIDERING FACTORS SUCH AS BUDGET SIZE, GEOGRAPHIC LOCATION, INDUSTRY SECTOR, AND EXECUTIVE RESPONSIBILITIES. THE ORGANIZATION ALSO USES INDUSTRY COMPENSATION SURVEYS AND OTHER PUBLICLY AVAILABLE DATA FROM COMPARABLE NONPROFIT ORGANIZATIONS TO SUPPORT THE ANALYSIS. 3. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION - THE PROCESS IS CONTEMPORANEOUSLY DOCUMENTED IN BOARD OR COMMITTEE MEETING MINUTES. THE DOCUMENTATION INCLUDES THE COMPARABILITY DATA USED, THE BASIS FOR THE DETERMINATION, AND THE IDENTITY OF THE DECISION-MAKERS. ALL RECORDS ARE RETAINED AS PART OF THE ORGANIZATION'S OFFICIAL RECORDS TO ENSURE COMPLIANCE WITH IRS GUIDELINES AND TRANSPARENCY STANDARDS. HIS PROCESS IS DESIGNED TO ENSURE THAT ALL COMPENSATION DECISIONS ARE FAIR, COMPETITIVE, AND CONSISTENT WITH THE ORGANIZATION'S CHARITABLE MISSION AND REGULATORY OBLIGATIONS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION DETERMINATION POLICY ADOPTED BY THE BOARD OF TRUSTEES APPLICABLE TO THE PRESIDENT, OFFICERS, AND KEY EXECUTIVES PURPOSE THIS POLICY ENSURES THAT THE COMPENSATION OF THE PRESIDENT OF ATLANTIC UNIVERSITY, AS WELL AS OTHER OFFICERS AND KEY EXECUTIVES, IS DETERMINED IN A MANNER THAT IS OBJECTIVE, TRANSPARENT, AND COMPLIANT WITH APPLICABLE IRS REGULATIONS AND BEST PRACTICES FOR NONPROFIT INSTITUTIONS. SCOPE THIS POLICY APPLIES TO THE UNIVERSITY PRESIDENT, EXECUTIVE OFFICERS, AND KEY EMPLOYEES AS DESIGNATED BY THE BOARD OF TRUSTEES AND IN ACCORDANCE WITH IRS DEFINITIONS UNDER SECTION 4958. POLICY GUIDELINES 1. INDEPENDENT REVIEW AND APPROVAL - COMPENSATION DECISIONS SHALL BE REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES OR A DULY AUTHORIZED COMPENSATION COMMITTEE. ALL INDIVIDUALS INVOLVED IN THE APPROVAL PROCESS SHALL BE FREE OF ANY CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION BEING DETERMINED. 2. USE OF COMPARABILITY DATA AND INDUSTRY BENCHMARKS - ATLANTIC UNIVERSITY SHALL RELY ON OBJECTIVE, THIRD-PARTY DATA TO ASSESS THE REASONABLENESS OF PROPOSED COMPENSATION. THIS INCLUDES: -AN INDEPENDENT COMPENSATION STUDY CONDUCTED BY HEWITT ASSOCIATES, AN AON COMPANY -BENCHMARKING AGAINST COMPENSATION LEVELS AT SIMILARLY SITUATED ACADEMIC INSTITUTIONS, CONSIDERING INSTITUTIONAL SIZE, MISSION, GEOGRAPHIC REGION, AND SCOPE OF RESPONSIBILITY -PUBLICLY AVAILABLE COMPENSATION SURVEYS AND FORM 990 FILINGS FROM PEER INSTITUTIONS IN HIGHER EDUCATION 3. CONTEMPORANEOUS DOCUMENTATION - ALL DECISIONS REGARDING COMPENSATION SHALL BE CONTEMPORANEOUSLY DOCUMENTED IN MEETING MINUTES OR BOARD RESOLUTIONS. THE DOCUMENTATION WILL INCLUDE: -SOURCES AND TYPES OF COMPARABILITY DATA CONSIDERED -THE RATIONALE FOR THE DECISION -NAMES OF INDIVIDUALS PARTICIPATING IN THE REVIEW AND APPROVAL -CONFIRMATION THAT NO INDIVIDUAL WITH A CONFLICT OF INTEREST WAS INVOLVED IN THE DELIBERATION 4. THESE RECORDS SHALL BE RETAINED IN ACCORDANCE WITH ATLANTIC UNIVERSITY'S DOCUMENT RETENTION POLICY AND MADE AVAILABLE FOR AUDIT OR REVIEW AS REQUIRED. REVIEW AND AMENDMENT THIS POLICY SHALL BE REVIEWED AT LEAST ONCE EVERY THREE YEARS OR AS OTHERWISE DETERMINED BY THE BOARD OF TRUSTEES, AND MAY BE AMENDED BY MAJORITY VOTE OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE UNIVERSITY GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FORM 990 ARE AVAILABE UPON REQUEST AT THE UNIVERSITY'S ADMINISTRATIVE OFFICE CORPORACION EDUCATIVA RAMON BARQUIN AVE LOMAS VERDES KM 68 GUAYNABO PR 00970 660244040 EDUCATION PR 501C3 2 NA false false false false false false false false false false false false false false false false false false false false