SISTEMA UNIVERSITARIO ANA G MENDEZ INCORPORADO

EIN: 660201206 501(c)(3) Education

SAN JUAN, PR

Total Revenue
$178,161,790
Total Expenses
$188,875,934
Total Assets
$360,884,234
Net Assets
$254,314,167
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
PR
Principal Officer
JOSE F MENDEZ MENDEZ
Phone
7877510178
Tax Period
2023-08-01 to 2024-07-31

SISTEMA UNIVERSITARIO ANA G MENDEZ INCORPORADO, founded in 1950, is a major nonprofit in the Education sector that reported $178.2M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

SISTEMA UNIVERSITARIO ANA G. MENDEZ INCORPORADO (SUAGM OR THE INSTITUTION) IS A PRIVATE, NONPROFIT, EDUCATIONAL INSTITUTION THAT OPERATES THREE EDUCATIONAL INSTITUTIONS (CUPEY CAMPUS, CAROLINA CAMPUS, GURABO CAMPUS) 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,884,601
Program Service Revenue $144,527,315
Investment Income $1,814,019
Other Revenue $14,935,855
TOTAL REVENUE $178,161,790

Expense Breakdown

Grants Paid $10,833,662
Salaries & Benefits $93,821,988
Fundraising Expenses $0
Program Expenses $119,740,312
Other Expenses $84,220,284
TOTAL EXPENSES $188,875,934

Year-over-Year Comparison

2023 2022 Change
Revenue $178,161,790 $204,504,806 -0.1%
Expenses $188,875,934 $195,126,505 0.0%
Net Income $-10,714,144 $9,378,301 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
6
Employees
3268
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$4,537,758
Total Directors
12
$2,055,215
Key Employees
2
$455,350
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSE F MENDEZ MENDEZ DIRECTOR/PRESIDENT 31.00
Officer Director
$885,105 $62,268 $1,350,352
RAFAEL NADAL ARCELAY LEGAL COUNSELOR 30.00
Officer Director
$337,348 $58,469 $704,863
RITA DIMARTINO DIRECTOR 1.00
Director
$0 $0 $0
RENE A SOTO TORRES BOD PRESIDENT 1.00
Director
$0 $0 $0
MIGDALIA TORRES RIVERA DIRECTOR 1.00
Director
$0 $0 $0
HERMINIO MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
DELIA CASTILLO DE COLORADO DIRECTOR 1.00
Director
$0 $0 $0
WILFREDO COSME ORTIZ DIRECTOR 1.00
Director
$0 $0 $0
MARIA J RODRIGUEZ MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
OSCAR JIMENEZ MARTIR DIRECTOR 1.00
Director
$0 $0 $0
MARGARITA T MILLAN DIRECTOR 1.00
Director
$0 $0 $0
UBALDO CATASUS DIRECTOR 1.00
Director
$0 $0 $0
RICARDO RODRIGUEZ DOMENECH EXECUTIVE VP/CHIEF OF STAFF 28.00
Officer
$369,129 $56,075 $749,313
CARMELO TORRES REYES VP OF FINANCIAL AFFAIRS 30.00
Officer
$238,907 $42,715 $410,372
VICTORIA DE JESUS VP OF HUMAN RESOURCES 40.00
Officer
$266,955 $30,530 $297,485
JOHN NAVARRO FERREIRA INTERNAL AUDITOR 40.00
Officer
$186,700 $35,200 $221,900
RAFAEL NADAL BOSCH VP INTERNATIONAL AFFAIRS 40.00
Officer
$191,479 $30,519 $221,998
WALID EL HAGE AROCHO VP ADMINISTRATIVE AFFAIRS 40.00
Officer
$223,162 $28,205 $251,367
PAUL COLBERG VP TELECOMMUNICATIONS AND TECHNOLOGY 40.00
Officer
$294,530 $35,578 $330,108
SHAIANA NEGRON PAGAN DEAN VETERINARY SCHOOL 40.00
Key Emp
$216,502 $0 $216,502
EDGARDO C ROSALY MANFREDI VP ACADEMIC AFFAIRS 40.00
Key Emp
$213,792 $25,056 $238,848
JAIME NADAL BOSCH DOCTOR 40.00
Highest
$204,007 $29,291 $233,298
CARLOS PADIN ASSOCIATE VP 40.00
Highest
$176,561 $9,454 $186,015
AMAURY MALAVE SANABRIA FACULTY 40.00
Highest
$142,243 $6,762 $149,005
LIZBETH RIVERA MEJIAS ASSOCIATE OF VP FINANCIAL AID 40.00
Highest
$141,291 $0 $141,291
ZORAIDA ORTIZ MUOZ CEO OF GURABO CAMPUS 1.00
Highest
$132,900 $5,496 $138,396
JOSE MALDONADO VP ACADEMIC AFFAIRS (END. 03/23) 40.00
$123,698 $5,446 $129,144
GINO Q NATALICCHIO CHANCELLOR UAGM (END. 07/23) 23.00
$251,223 $25,074 $516,290
JOSE VIVALDI OLIVER DEAN DENTAL SCHOOL (END. 07/24) 40.00
$225,340 $6,563 $231,903
ANTHONY RIVERA GONZALEZ CEO OF CAROLINA CAMPUS (END. 07/24) 40.00
$154,396 $4,003 $158,399
LORNA MARTINEZ TOLEDO CEO OF CUPEY CAMPUS (END. 12/23) 40.00
$203,029 $5,393 $208,422
MARIA ANTONIA RODRIGUEZ MARTINEZ DEAN (END. 09/23) 40.00
$191,850 $0 $191,850
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $178,161,790 $188,875,934 $360,884,234 $-10,714,144
2023 $204,504,806 $195,126,505 $369,235,544 $9,378,301
2022 $303,161,896 $265,062,619 $376,051,884 $38,099,277
2021 $297,586,867 $281,553,590 $365,299,406 $16,033,277
2020 $285,744,138 $279,985,709 $347,576,651 $5,758,429
2019 $283,434,343 $294,338,944 $358,405,546 $-10,904,601
2018 $309,599,909 $305,263,184 $363,505,893 $4,336,725
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