2026-06-15T12:58:26+00:00 2025-07-31 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-08-01 412096004 ANA G MENDEZ UNIVERSITY INC ANAG 4075636501 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 CARMELO TORRES REYES VP OF FINANCIAL AFFAIRS 4075636501 2026-06-15 true true April Arnold P01559426 5612991820 2026-06-15 2024 2025-03-06 01:10:19Z CARMELO TORRES REYES 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 71895598 false X WWW.AGMU.EDU X 2003 DE AGMU WILL STRIVE TO BE THE PREMIER PRIVATE NOT-FOR-PROFIT HISPANIC SERVING INSTITUTION IN THE STATE OF FLORIDA. 7 6 644 6 0 208812 75745359 71217418 -236317 0 203816 469368 75712858 71895598 123755 209863 0 36647807 30060452 0 0 36991793 35337899 73763355 65608214 1949503 6287384 44130973 34709371 42513400 28516674 1617573 6192697 AGMU IS AN ACCREDITED POST-SECONDARY INSTITUTION COMMITTED TO DELIVERING ACADEMIC EXCELLENCE TO HISPANICS AND THE COMMUNITY AT LARGE THROUGH FACE-TO-FACE AND DISTANCE LEARNING MODALITIES. AGMU PROVIDES THE HIGHEST QUALITY EDUCATION, SERVICE, AND CONTINUING EDUCATION IN A BILINGUAL CULTURE AND ENVIRONMENT. WE STRIVE TO PROMOTE INNOVATION, RESEARCH, INCLUSION, AND COMMUNITY ENGAGEMENT WITH APPRECIATION AND RESPECT FOR DIVERSITY. false false 28875507 209863 71686786 ANA G MENDEZ UNIVERSITY, INC. OPERATES ACCELERATED, DUAL LANGUAGE EDUCATIONAL PROGRAMS THAT EDUCATE STUDENTS NOT ONLY IN THEIR AREA OF SPECIALTY, BUT MAXIMIZE STUDENTS' LINGUISTIC SKILLS IN ENGLISH AND IN SPANISH THROUGH CREATING EDUCATIONAL PRODUCTS AND SERVICES DESIGNED TO MEET THE NEEDS AND EXPECTATIONS OF THE COMMUNITY, FACILITATING ACCESS TO QUALITY HIGHER EDUCATION, ESTABLISHING EDUCATIONAL FACILITIES TO SERVE SPECIFIC MARKETS AND DEVELOPING STRATEGIC PARTNERSHIPS WITH OTHER EDUCATIONAL ENTITIES. 28875507 true true false false false false false false false false true false false true true true true true true false false false false false false false false false true true false false false false false false false false true false false false false false false true false false false false true 34 0 true 644 true false false false false false false false false false false false false X 7 6 true false false false true true true true true false false false true true true true true true true true false false X CARMELO TORRES REYES VP OF FINANCIAL AFFAIRS 4075636501 5575 S SEMORAN BLVD SUITE 505 ORLANDO FL 32822 HERMINIO MARTINEZ BOARD PRESIDENT 5.0 1.0 X X 0 0 0 JOSE F MENDEZ MENDEZ PRESIDENT 9.0 31.0 X X 380320 936560 67613 DELIA CASTILLO DE COLORADO BOARD MEMBER 5.0 1.0 X 0 0 0 MARGARITA T MILLAN BOARD MEMBER 1.0 1.0 X 0 120000 0 MIGDALIA TORRES RIVERA BOARD MEMBER 5.0 1.0 X 0 0 0 RENE A SOTO TORRES BOARD MEMBER 5.0 1.0 X 0 0 0 UBALDO CATASUS BOARD MEMBER 5.0 1.0 X 0 0 0 CARMELO TORRES REYES VP OF FINANCIAL AFFAIRS 10.0 30.0 X 222000 253407 47504 EDGARDO C ROSALY MANFREDI VP OF ACADEMIC AFFAIRS 10.0 40.0 X 9807 216617 45344 PAUL COLBERG VP OF IT & ACADEMIC TECHNOLOGY 10.0 40.0 X 96000 287122 47470 VICTORIA DE JESUS VP OF HUMAN RESOURCES 10.0 40.0 X 121000 262494 43354 WALID EL HAGE AROCHO VP OF ADMINISTRATIVE AFFAIRS 10.0 40.0 X 96000 215149 45854 RAFAEL NADAL ARCELAY LEGAL COUNSELOR 10.0 30.0 X 324952 337008 63829 RICARDO RODRIGUEZ DOMENECH EXECUTIVE ADVISOR TO THE PRESIDENT 12.0 28.0 X 356000 389479 59468 ALEX RODRIGUEZ ASSOCIATE VP OF ENROLLMENT 40.0 0 X 150039 0 11681 GLORIVETTE PEREZ VALENTIN DEAN OF ACADEMIC AFFAIRS 40.0 0 X 152466 0 10681 JOSE E MALDONADO ROJAS FULL TIME FACULTY PR 40.0 0 X 137623 0 0 PATRICK HEYMAN DEAN OF SCHOOL OF HEALTH SCIENCES 40.0 0 X 164037 0 0 SYNDIA NAZARIO-CARDONA ASSOC. VP OF GOVERNMENT AFFAIRS 40.0 0 X 233478 0 2797 2443722 3017836 445595 30 false true false Graham Companies 6843 main Street Miami Lakes FL 33014 Rental Services 1746537 Nisan Realty 5575 South Semoran Boulevard Suite Orlando FL 32822 Rental Services 1498895 Glu Corp 175 Southwest 7th Street Suite 1401 Miami FL 33130 Advertising 1032431 Five 9 Inc 4000 Executive Parkway San Ramon San Ramon CA 94583 IT Applications 781903 Orlando Events Center Enterprises LLC 400 West Church Street 250 Orlando FL 32805 Sponsorship 714127 29 208812 208812 TUITION & FEES 611310 70051996 70051996 ADMINISTRATION SERVICE FEES 611310 1165422 1165422 0 0 0 0 71217418 0 0 0 0 GRADUATION FEES 611310 250045 250045 OTHER INCOME 611310 219323 219323 0 0 0 0 469368 71895598 71686786 0 0 X 209863 209863 1766041 199770 1566271 310765 204587 106178 23086245 16161305 6924940 69286 45613 23673 2951695 1943198 1008497 1876420 1235309 641111 494858 494858 196151 196151 10090425 1268775 8821650 0 2730903 2730903 545845 224096 321749 1761196 723060 1038136 5532239 426562 5105677 939431 385684 553747 30184 12392 17792 1086123 1086123 3119617 464537 2655080 525165 525165 BAD DEBT EXPENSE 3699689 3699689 OTHER EXPENSES 2801302 938328 1862974 STUDENT SERVICES 532173 218484 313689 SPONSORSHIPS 491325 201714 289611 761273 312541 448732 0 65608214 28875507 36732707 0 10067732 2743694 1754800 1754780 1580947 2417809 0 0 0 0 387258 233108 31680510 14068564 19025672 17611946 0 0 11314564 9948034 44130973 34709371 3359259 5570615 2542022 589524 0 0 10805020 9566973 25807099 12789562 42513400 28516674 X 1617573 6192697 1617573 6192697 44130973 34709371 6287384 -1712260 0 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11855010 838920 11016090 2728814 2407862 320952 8197554 6864068 1333486 8899132 3957714 4941418 17611946 DEPOSITS 131088 RIGHT OF USE ASSET - LEASES 9816946 ESCROW 9948034 Federal Income Taxes DUE TO SUAGM 2433434 RIGHT OF USE ASSET - LEASES 10356128 12789562 X 71895598 0 0 71895598 0 0 71895598 65608214 0 0 65608214 0 0 65608214 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote AGMU WAS FORMED AS A CORPORATION UNDER THE LAWS OF THE STATE OF DELAWARE IN APRIL 2003. DURING THE YEAR ENDED JULY 31, 2018, AGMU APPLIED FOR TAX-EXEMPT STATUS IN CONNECTION WITH ITS CORPORATE RESTRUCTURING. IN SEPTEMBER 2018, AGMU WAS GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WITH AN EFFECTIVE DATE OF AUGUST 23, 2017. ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. AS OF JULY 31, 2025, WITH CERTAIN EXCEPTIONS, AGMU IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL OR STATE TAXING AUTHORITIES FOR ANY YEARS PRIOR TO THE THREE MOST RECENT TAX YEARS. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE NONDISCRIMATORY POLICY IS LISTED IN STUDENT ADMISSIONS PACKETS AS WELL AS THE EMPLOYEE HANDBOOK. ANA G MENDEZ UNIVERSITY, INC. DOES NOT EXCLUDE PARTICIPATION, OR DENY BENEFITS OR DISCRIMINATE AGAINST ANY PERSON BECAUSE OF AGE, RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, NATIONAL ORIGIN, DISABILITY, SOCIAL STATUS; POLITICAL AFFILIATION, POLITICAL IDEAS, OR RELIGIOUS; OR BEING A VICTIM OR PERCEIVED AS A VICTIM OF DOMESTIC VIOLENCE, SEXUAL OR STALKLING AGGRESSION; OR BEING MILITARY, EX-MILITARY, SERVE, OR HAVE SERVED IN THE ARMED FORCES OF THE UNITED STATES, OR HOLD VETERAN STATUS, OR ANY OTHER CATEGORY PROTECTED BY LAW. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY PARTICIPATES IN THE FEDERAL PELL GRANT PROGRAM AND THE FEDERAL FAMILY DIRECT LOAN PROGRAM. true SCHOLARSHIPS 27 116538 PRESIDENTIAL SCHOLARSHIPS 13 89325 OTHER SCHOLARSHIP 4 4000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds REQUESTS FOR FINANCIAL AID ARE EVALUATED BY THE EMPLOYEE TUITION BENEFIT PROGRAM COMMITTEE. DISBURSEMENTS ARE MADE TO THE EMPLOYEE STUDENT ACCOUNT TO COVER QUALIFIED EDUCATION COSTS UPON RECEIVING A PASSING GRADE. NO STUDENT MAY DEFRAY SCHOLARSHIP FUNDS FOR PERSONAL MATTERS. ACCORDINGLY, THE FILING ORGANIZATION DOES NOT UNDERTAKE FURTHER MONITORING ONCE THE SCHOLARSHIP IS AWARDED. X X X X true false X X X X X X false false false false false false false false false JOSE F MENDEZ MENDEZ PRESIDENT 330320 560000 50000 78000 0 298560 24000 24000 10681 8932 415001 969492 0 0 PAUL COLBERG VP OF IT & ACADEMIC TECHNOLOGY 96000 210000 0 45000 0 32122 12000 24000 0 11470 108000 322592 0 0 VICTORIA DE JESUS VP OF HUMAN RESOURCES 121000 205998 0 50000 0 6496 12000 24000 0 7354 133000 293848 0 0 WALID EL HAGE AROCHO VP OF ADMINISTRATIVE AFFAIRS 96000 157500 0 50000 0 7649 12000 24000 0 9854 108000 249003 0 0 CARMELO TORRES REYES VP OF FINANCIAL AFFAIRS 222000 196200 0 50000 0 7207 12000 24000 0 11504 234000 288911 0 0 EDGARDO C ROSALY MANFREDI VP OF ACADEMIC AFFAIRS 9807 153417 0 50000 0 13200 12000 24000 0 9344 21807 249961 0 0 RICARDO RODRIGUEZ DOMENECH EXECUTIVE ADVISOR TO THE PRESIDENT 296000 274401 0 55000 60000 60078 24000 24000 0 11468 380000 424947 0 0 RAFAEL NADAL ARCELAY LEGAL COUNSELOR 264952 216000 0 50000 60000 71008 24000 24000 6048 9781 355000 370789 0 0 SYNDIA NAZARIO-CARDONA ASSOC. VP OF GOVERNMENT AFFAIRS 163003 0 600 0 69875 0 1000 0 1797 0 236275 0 0 0 PATRICK HEYMAN DEAN OF SCHOOL OF HEALTH SCIENCES 128101 0 600 0 35336 0 0 0 0 0 164037 0 0 0 GLORIVETTE PEREZ VALENTIN DEAN OF ACADEMIC AFFAIRS 116226 0 600 0 35640 0 0 0 10681 0 163147 0 0 0 ALEX RODRIGUEZ ASSOCIATE VP OF ENROLLMENT 139319 0 600 0 10120 0 1000 0 10681 0 161720 0 0 0 Schedule J, Part I, Line 1a Discretionary spending account DISCRETIONARY SPENDING ACCOUNTS ARE AVAILABLE FOR ELIGIBLE OFFICERS AND DIRECTORS FOR REASONABLE EXPENSES INCURRED IN THE PERFORMANCE OF THEIR DUTIES. Schedule J, Part I, Line 1a Housing allowance or residence for personal use HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE- THE INSTITUTION OWNS AND RENTS SEVERAL PROPERTIES THAT ARE USED AS RESIDENCES FOR THE PRESIDENT'S AND EXECUTIVE MEMBERS OF HIS STAFF. THE RENT MARKET VALUE OF THESE PROPERTIES ARE CLASSIFIED AND REPORTED AS NONTAXABLE TO THE RECIPIENTS. Schedule J, Part I, Line 1a Health or social club dues or initiation fees HEALTH AND SOCIAL CLUB DUES OR INITIATION FEES-THE INSTITUTION COVERS THE COST OF MEMBERSHIP AT LOCAL HOTELS TO BE USED FOR OFFICIAL ACTIVITIES. THE COSTS ARE REPORTED AS NONTAXABLE TO THE RECIPIENTS. Schedule J, Part I, Line 1a Personal services PERSONAL SERVICES- THE INSTITUTION COVERS THE COST OF A CHAUFFEUR FOR THE PRESIDENT AND MAID SERVICES AT THE PRESIDENT'S RESIDENCE. THE COSTS ARE REPORTED AS NONTAXABLE TO THE RECIPIENTS. Vicente Rodriguez Family of key employee, Ricardo Rodriguez Domenech 71490 Employment false Andres Lloveras Mendez Family of Director, Jose F. Mendez 122275 Employment false Eileen Rodriguez Domenech Spouse of Director, Jose F. Mendez 42000 Employment false Jaime Nadal Bosch Family of Key employee, Rafael Nadal Arcelay 75000 Independent Contractor false Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE ORGANIZATION USES A COMPARATIVE PROCESS FOR DETERMINING APPROPRIATE AND REASONABLE COMPENSATION FOR ITS PRESIDENT, OTHER OFFICERS, AND KEY EMPLOYEES, INCLUDING REVIEW AND APPROVAL BY THE ORGANIZATION'S INDEPENDENT BOARD OF DIRECTORS. THE PROCESS INCLUDES THE USE OF COMPARABILITY DATA OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN OTHER NON-PROFIT ORGANIZATIONS OF SIMILAR SIZE AND FUNCTION. THIS PROCESS INCLUDES CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JOSE F. MENDEZ (PRESIDENT) AND RICARDO RODRIGUEZ DOMENECH (EXECUTIVE ADVISOR TO THE PRESIDENT) - Family relationship Form 990, Part VI, Line 6 Classes of members or stockholders Ana G. Mendez University is controlled by the Sistema Universitario Ana G. Mendez ("SUAGM"), a nonprofit, nonstock corporation incorporated under the laws of the Puerto Rico, and for all intents and purposes, the Corporation operates as a wholly controlled subsidiary of SUAGM. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Board of Directors shall consist of the seven directors including (i) the President and CEO, who is also the President of SUAGM, and (ii) six (6) additional directors (collectively, the "Appointed Directors individually, an "Appointed Director"), who shall be appointed by the Board of Directors of the Sistema Universitario Ana G. Mendez ("SUAGM Board"). Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The Board of Directors of the Sistema Universitario Ana G. Mendez ("SUAGM Board") may remove any Appointed Director at any time, with or without cause. An Appointed Director who is removed from the SUAGM Board will also be considered to have been removed from the Board of Ana G. Mendez University. Form 990, Part VI, Line 11b Review of form 990 by governing body THE RETURN IS REVIEWED IN ITS ENTIRETY BY FINANCE MANAGEMENT. ANY QUESTIONS ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE RETURN. IN ADDITION, A COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy A COPY OF THE CONFLICT OF INTEREST POLICY SHALL BE FURNISHED TO EACH DIRECTOR, COMMITTEE MEMBER, OFFICER, AND STAFF MEMBER. EACH NEW DIRECTOR, COMMITTEE MEMBER, OFFICER, AND STAFF MEMBER SHALL BE ADVISED OF THE POLICY UPON UNDERTAKING HIS OR HER RESPECTIVE DUTIES. EACH DIRECTOR, COMMITTEE MEMBER, OFFICER, AND STAFF MEMBER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. If the Board of Directors or committee determines that an interested person has in fact has failed to appropriately disclose an actual or possible conflict of interest, it shall take whatever disciplinary action, corrective action, or both, it deems appropriate in its sole and unreviewable discretion. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees OTHER PROFESSIONAL SERVICES - Total Expense: 2318078, Program Service Expense: 951688, Management and General Expenses: 1366390, Fundraising Expenses: ; BANK FEES - Total Expense: 772347, Program Service Expense: 317087, Management and General Expenses: 455260, Fundraising Expenses: ; UAGM REIMBURSEMENT - Total Expense: 7000000, Program Service Expense: , Management and General Expenses: 7000000, Fundraising Expenses: ; SISTEMA UNIVERSITARIO ANA G MENDEZ INC PO BOX 21345 SANJUAN PR 009281345 660201206 HIGHER EDUCATION PR 501(c)(3) 2 NA false false false false false true false false false false false false true true false false true true true false