Sistema Universitario Ana G Mendez Incorporado

Organization Overview

Sistema Universitario Ana G Mendez Incorporado is located in San Juan, PR. The organization was established in 1981. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 07/2021, Sistema Universitario Ana G Mendez Incorporado employed 3,850 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sistema Universitario Ana G Mendez Incorporado is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2021, Sistema Universitario Ana G Mendez Incorporado generated $297.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $281.6m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

INSTRUCTION - THE INSTITUTION PROVIDES A COMPLETE INSTRUCTION PROGRAM, ALLOWING THE STUDENTS TO OBTAIN A HIGHER EDUCATION OF QUALITY. IT ALSO SUPPORTS ITS STUDENTS THROUGH 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 OTHER. CAFETERIAS, PARKING, PRINTING SHOP ARE ALSO MADE AVAILABLE FOR THE BENEFIT OF STUDENTS, FACULTY AND STAFF.


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.


SCHOLARSHIP - THE INSTITUTION'S SCHOLARSHIP PROGRAM PROVIDES GRANTS TO STUDENTS, RESULTING FROM SELECTION BY THE INSTITUTIONS OR FROM AN ENTITLEMENT PROGRAM. IT ALSO PROVIDES TRAINEE STIPENDS. THE RECIPIENTS OF GRANTS ARE NOT REQUIRED TO PERFORM SERVICES FOR THE INSTITUTIONS AS CONSIDERATION FOR THE GRANTS, NOT ARE THEY EXPECTED TO REPAY THE AMOUNT OF THE GRANT TO THE FUNDING SOURCE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Globe Executive Solution Inc
Security
$2,939,556
Glu
Marketing
$2,291,085
Sajo Garcia Creative Marketing Design Llc
Marketing
$2,129,448
Well Done Llc
Maintenance
$1,596,712
Inteira Corp
Contractor
$1,153,559
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $82,057,544
All other contributions, gifts, grants, and similar amounts not included above$1,138,207
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$83,195,751
Total Program Service Revenue$200,924,783
Investment income $1,545,723
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $37,130
Net Gain/Loss on Asset Sales $43,513
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $194,704
Miscellaneous Revenue$0
Total Revenue $297,586,867

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Sistema Universitario Ana G Mendez Incorporado has recieved totaling $148,140.

Awarding OrganizationAmount
Educational Credit Management Corporation

Minneapolis, MN

PURPOSE: Project Success Emergency Aid

$75,000
University Of Miami

Coral Gables, FL

PURPOSE: RESEARCH

$47,140
Wiggins Foundation Inc

Wilmington, DE

PURPOSE: NATUROPATHIC MEDICINE PROGRAM AT THE GURABO CAMPUS

$10,000
Arts Midwest

Minneapolis, MN

PURPOSE: CARES Relief Funding

$8,000
Arts Midwest

Minneapolis, MN

PURPOSE: CARES Relief Funding

$8,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$70,898,473
Earnings$5,240,748
Admin Expense$772,000
Net Contributions$25,000
Other Expense$1,012,433
Ending Balance$74,379,788

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