2024-05-15T14:52:48-05:00 2023-06-30 KRESTON PR LLC 1509 FD ROOSEVELT AVENUE SUITE 303 GUAYNABO PR 00968 990 2022-07-01 660191965 PONTIFICAL CATHOLIC UNIVERSITY OF PUERTO RICO PONT 7876512000 2250 BLVD LUIS A FERRE SUITE 523 PONCE PR 007179997 JOSE A FRONTERA AGENJO VICE PRESIDENT OF FINANCE 7876512000 2024-04-30 true JOSE FRONTERA AGENJO true FRANK SANCHEZ RUIZ P02478685 7876414611 2024-05-15 2022 2023-04-26 12:10:37Z JORGE IVAN VELEZ AROCHO 81484578 false 0928 X WWW.PUCPR.COM X 1948 PR The Pontifical Catholic University of Puerto Rico as an university and catholic institute, has the mission to celebrate and promote the life and of the human person and educate, according to Gospel 18 18 1280 0 32567622 19348192 61717712 55199103 -9720584 6675394 0 84564750 81222689 0 0 38159119 41593895 0 0 45963939 22527382 84123058 64121277 441692 17101412 162858216 175289999 26300228 21630599 136557988 153659400 The university accomplished their mission through a dynamic educational experience, critical and creative, sorrounded by Christian friendship and comitted to find the answers and solutions to the challenge of the culture, the Caribbean, global and Puerto Rican reality. false false 59153182 76254594 Postsecondary Education - The Pontifical Catholic University of Puerto Rico is an institution of higher education. Its main purpose is to serve Puerto Rico as a university and Catholic Institution. The University aims among other things: Providestudents with the opportunity to acquire a Humanistic-Christian formation that will guarantee their presence in society as conscious members of human values in the light of the mystery of Christ. Contribute to the Christian education of leaders in different professions in accordance with the belief of the Roman Catholic Church. Serve all believers in Puerto Rico by being an effective help in schools, colleges, seminaries and cultural centers. To serve as guide of Catholic culture in this country. Contribute to the preparation of professionals in the field of education to help enrich our education system. 4968095 4968095 Scholarship Programs: To provide the students with special grant-awards like: Athletics awards, Parroquial awards, Cooperative teachers, extended fees, Honor students, Fatima Brother, Chorus, Religious teaching, Seminary students, Theater, Workshop, Adopted schools and various other projects. 64121277 true false false false false false false false false true true false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 1280 true false false false false false false false false false X 18 18 false false false false false false false true true false false false true true true false true false false false X THE ORGANIZATION 7876512000 2250 BLVD LUIS A FERRE SUITE 523 PONCE PR 00717 JOSE A FRONTERA AGENJO VICE PRESIDENT OF FINANCE 40 X 149232 0 0 LUIS V BADILLO LOZANO DEAN ARCHITECTURE SCHOOL 40 X 134682 0 0 JORGE I VELEZ AROCHO PRESIDENT 40 X X 130991 0 0 LILLIAM VELAZQUEZ ZAMORA BUSINESS ADM GRADUATE DIRECTOR 40 X 111468 0 0 FERNANDO MORENO ORAMA DEAN LAW SCHOOL 40 X 120462 0 0 P OBISPO RUBEN GONZALEZ MEDINA VICE PRESIDENT 5 X X 87352 0 0 MONS ANGEL LUIS RIOS MATOS BOARD PRESIDENT 1 X 0 0 0 MONS ALBERTO FIGUEROA MORALES BOARD MEMBER 1 X 0 0 0 MONS ROBERTO GONZALEZ NIEVES BOARD MEMBER 1 X 0 0 0 MONS EUSEBIO RAMOS MORALES BOARD MEMBER 1 X 0 0 0 MONS LUIS F MIRANDA RIVERA BOARD MEMBER 1 X 0 0 0 LCDO HECTOR REICHARD BOARD MEMBER 1 X 0 0 0 EDNA I JIMENEZ BOARD MEMBER 1 X 0 0 0 CPA JUAN JOSE SANTIAGO MARRERO BOARD MEMBER 1 X 0 0 0 SORAYA M SESTO BOARD MEMBER 1 X 0 0 0 LCDO FERMIN CONTRERAS GOMEZ BOARD MEMBER 1 X 0 0 0 ENID TORO DE BAEZ BOARD MEMBER 1 X 0 0 0 GUSTAVO A ALMODOVAR ALMODOVAR BOARD MEMBER 1 X 0 0 0 LCDA JEANNETTE VECCHINI LUGO BOARD MEMBER 1 X 0 0 0 ING ROXANA TORRES LANAUSE BOARD MEMBER 1 X 0 0 0 PROF ELSIE RUIZ SANTANA BOARD MEMBER 1 X 0 0 0 LCDO HECTOR JIMENEZ JUERBE BOARD MEMBER 1 X 0 0 0 734187 5 false false false AIREKO CONSTRUCTION MANAGEMENT INDUSTRIAL PARK NORTH LOT CAGUAS PR 00725 CONSTRUCTION 1533306 JM CARIBBEAN BUILDERS PMB 958 PO BOX 2500 TOA BAJA PR 00951 CONTRUCTION 1306002 GOTAY CONSTRUCTION CORP PO BOX 8525 PONCE PR 00732 CONSTRUCTION 1048610 ST JAMES SECURITY SERVICE URB CARIBE 1604 AE PONCE DE LEON SAN JUAN PR 00926 SECURITY SERVICE 818502 SERRALLES CONSTRUCTION CORP PO BOX 801072 COTO LAUREL PR 00780 CONSTRUCTION 776262 23 19010780 337412 19348192 TUITION AND FEES 611310 50205566 50205566 OTHER SOURCES 611710 4993537 4993537 55199103 1930960 1930960 5006323 261645 244 4744678 -244 4744434 4744678 81222689 57130063 4744678 X 734187 734187 33972249 33972249 1819690 1819690 5067769 5067769 6569435 6569435 824148 824148 980243 980243 1793599 1793599 205703 205703 18694 18694 6458253 6458253 2119406 2119406 EQUIPMENT REPAIR AND MAINTENANCE 750805 750805 UTILITIES AND TELEPHONE 4742636 4742636 STUDENT AID 1689014 1689014 OTHER MISCELLANEOUS 1358737 1358737 -4983291 -4983291 64121277 64121277 0 0 32363289 29008808 1624801 2075037 3502840 1893162 87517 76955 2484578 2779141 192313016 113968434 65428929 78344582 54413010 60764603 2953252 347711 162858216 175289999 10325670 10931711 15974558 10698888 26300228 21630599 X 129665955 146754599 6892033 6904801 136557988 153659400 162858216 175289999 17101412 X false true X true true true X 0 0 0 0 false false false 6892033 12768 6904801 6910292 -18259 6892033 6754014 156248 6910262 1748998 5000000 5016 6754014 472944 1433270 -1506 155710 1748998 0.26 0.74 false false false 3694776 3694776 58787349 23218228 35569121 40883509 30259384 10624125 73887722 60490822 13396900 15059660 15059660 78344582 DEPOSIT HELD IN CUSTODY FOR OTHERS 330777 OBLIGATIONS UNDER CAPITAL LEASES 64563 REFUNDABLE GOVERNMENTAL LOAN FUNDS 3207557 LIABILITY FOR PENSION BENEFITS 6748399 OPERATING LEASE LIABILITY 347592 10698888 81222689 81222689 81222689 64121277 64121277 64121277 PART V, LINE 4 Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipulations and must be maintained permanently by the University. Generally the donors of theses assets allows the University to use all or part of the income earned on related investments for general or specific purposes. Temporarily Restricted Net Assets are subject to donor-imposed stipulations and may or will meet either actions of the University and/or passage of time. PART X, LINE 2 Schedule D, Part X, Line 2 - On July 2009 the University adopted FASB Interpretation (FIN) No. 48, Accounting for Uncertainty in Income Taxes (ASC 740-10-50-15), which clarifies the accounting for uncertainty in income taxes recognized in a company s financial statements in accordance with FASB ASC 740. FIN No.48 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The interpretation also provides guidence on the recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The adoption of ASC 740-10-50-15 did not have any effect on the University sfinancial position or changes in net assets. PART XIII Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipulations and must be maintained permanently by the University. Generally the donors of theses assets allows the University to use all or part of the income earned on related investments for general or specific purposes. Temporarily Restricted Net Assets are subject to donor-imposed stipulations and may or will meet either actions of the University and/or passage of time. PART X, LINE 2 - Schedule D, Part X, Line 2 - On July 2009 the University adopted FASB Interpretation (FIN) No. 48, Accounting for uncertainty in income taxes (ASC 740-10-50-15), which clarifies the accounting for uncertainty in income taxes recognized in a company s financial statements in accordance with FASB ASC 740. FIN No.48 prescribes a recognition treshold and measurement attribute for the financial statement recognition and measurement for a tax position taken or expected to be taken in a tax return. The interpretation also provides guidence on the recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The adoption of ASC 740-10-50-15 did not have any effect on the University s financial position or changes in net assets. true true true true true true true false false false false false false false false true false true SCHEDULE E - LINE 6 The University received during the year 2022-23 Federal Funds from the following governmental agencies: US Deparment of Education, US Deparment of Health and Human Services, USA Deparment of Agriculture and the National Highway Traffic Safety Administration The financial aid has provided curriculum enhancement, infrastructure improvement, student scholarships and stipends, professional development and community support. Through this assistance the Institution had the recourse to empower and support student retention and fulfill our mission. PART II Schedule E, Part 1, Line 3 - The Pontifical Catholic University of Puerto Rico is an educational community in which they hold the ideas of free inquiry, thought, expression and personal freedom. The exercise and preservation of the freedoms and rights require respect for the rights of all members of the community so that everyone can enjoy the same degree. According to these, its racially nondiscriminatory policy is publicized on new student s admission forms and the university catalogues. Also through its Catholic Radio Station. PART IX, LINE 11g Part 1 Summary, Line 1 - (Continuation) according to Gospel values, in the disciplines of the current scientific knowledge, to build a better local and global world. Schedule D, Part V, Line 4 - Permanently Restricted Net Assets are subject to donor-imposed stipulations and must be maintained permanently by the University. Generally the donors of these assets allows the University to use all or part of the income earned on related investments for general or specific purposes. Temporarily Restricted Net Assets are subject to donor-imposed stipulations and may or will meet either actions of the University and/or passage of time. PART X, LINE 2 - Schedule D, Part X, Line 2 - On July 2009 the University adopted FASB Interpretation (FIN) No. 48, Accounting for uncertainty in income taxes (ASC 740-10-50-15), which clarifies the accounting for uncertainty in income taxes recognized in a company s financial statements in accordance with FASB ASC 740. FIN No.48 prescribes a recognition treshold and measurement attribute for the financial statement recognition and measurement for a tax position taken or expected to be taken in a tax return. The interpretation also provides guidence on the recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The adoption of ASC 740-10-50-15 did not have any effect on the University s financial position or changes in net assets. PART IX, LINE 11g - Expenses related in conection with payment to independent contractors, including but not limited to: legal, professional, advisory, security, technology, maintenance and repairs, construction and other type of services. PART IX, LINE 24e Change in liability for pension benefit PART VI, SECTION B, LINE 12c The nominees for any position within the institution and when is recruiting are evaluated thoroughly. On their meetings, the Board has been and is attentive to any situation that might be a conflict of interest among its members and the institution. Similarly supervisors observe the implementation of the conflict of interest policy and are responsible for alerting any situations that arises.