2024-11-15T10:24:08-07:00 2023-12-31 660699931 AJ Hernandez & Co CPA PSC PO Box 191529 San Juan PR 00919 990 2023-01-01 660497943 INDUSTRY UNIVERSITY RESEARCH CENTER INC INDU 7876713006 PO BOX 363074 SAN JUAN PR 009363074 Ivan Lugo Executive Director 7877724604 2024-11-13 1 1 Andres J Hernandez-Concepcion P01611934 7877584416 2024-11-13 2023 2024-10-15 13:58:12Z INDUNIV Ivan Lugo PO Box 363074 San Juan PR 00936 243872 0 X X 1992 PR To promote and catalyze effective collaboration among industry, academia and government to stimulate the development of knowledge base capabilities in our institutions, and workforce, promoting research & innovation in the biosciences. Positioning Puerto Rico as a global best practice location of choice for new business opportunities in the biopharmaceutical, Medical Device, and Agbio sectors. 21 21 0 40 0 0 192500 187500 30662 53948 90 384 922 2040 224174 243872 0 0 0 0 0 220585 0 0 0 244388 34368 244388 254953 -20214 -11081 45736 227277 10000 202622 35736 24655 To stimulate the research applied on pharmaceutical, chemical and related industries, establish bridges between the academy, industry and government in science and technology areas, promote the research and industrial development, and to canalize and monitor designated funds for infrastructure development, special independent research projects and workforce development. 0 0 17137 0 53948 To stimulate the research applied on pharmaceutical, chemical and related industries, establish bridges between the academy, industry and government in science and technology areas, promote the research and industrial development, and to canalize and monitor designated funds for infrastructure development, special independent research projects and workforce development. 0 0 0 17137 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Industry University Research Center Inc 7877724604 Bld Nildet 9 Lopategi St 2nd Floor Guaynabo PR 00969 Ivan Lugo Executive Director 40 0 X X 132470 0 0 Rafael Defendini President of the Board 3 0 X 0 0 0 Luis A Ferrao MD Vice President of the Board 3 0 X 0 0 0 Danaise Carrion Secretary of the Board 3 0 X 0 0 0 Gustavo Hermida Treasurer of the Board 3 0 X 0 0 0 Lucy Crespo Director 3 0 X 0 0 0 Manuel Cidre Director 3 0 X 0 0 0 Wanda Maldonado Director 3 0 X 0 0 0 Israel Cotto Director 3 0 X 0 0 0 Peter Melendez Director 3 0 X 0 0 0 Damaso Bermudez Director 3 0 X 0 0 0 Pablo Hernandez Director 3 0 X 0 0 0 Carlos Ceinos Director 3 0 X 0 0 0 Lilliam Rodriguez Director 3 0 X 0 0 0 Ana Martorel Perez Director 3 0 X 0 0 0 Miguel Pereira Director 3 0 X 0 0 0 Juan Leonardo Negron Director 3 0 X 0 0 0 Shelly Cruz Director 3 0 X 0 0 0 Fernando Lodono Director 3 0 X 0 0 0 Carlos Gierbolini Director 3 0 X 0 0 0 Elizabeth Plaza Director 3 0 X 0 0 0 Alejandro Toro Past President of the Board 3 0 X 0 0 0 132470 0 0 1 1 0 0 0 0 187500 0 0 0 0 0 187500 53948 53948 0 0 53948 384 384 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2040 2040 0 0 2040 243872 56372 0 0 220585 0 220585 0 7031 0 7031 1127 1127 3171 3171 8 8 4061 4061 Bio Week 8761 8761 0 0 Bio Convention 6243 6243 0 0 Bio Retreat 1383 1383 0 0 IFPACK 750 750 0 0 1833 1833 254953 17137 237816 0 29811 23832 0 0 0 0 15925 203445 0 0 0 0 0 0 0 0 0 0 18495 18495 0 0 0 0 0 0 0 0 0 0 0 0 45736 227277 10000 22 0 0 0 202600 0 0 0 0 0 0 0 0 0 0 0 10000 202622 X 35736 24655 0 0 35736 24655 45736 227277 -11081 0 0 0 0 0 X 0 0 0 X 291950 206336 247327 224084 243488 1213185 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 291950 206336 247327 224084 243488 1213185 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1213185 234 172 157 90 384 1037 0 0 0 0 234 172 157 90 384 1037 0 0 0 0 0 0 0 0 292184 206508 247484 224174 243872 1214222 0.99915 0 0.00085 0 X 0 0 0 0 0 0 0 0 0 0 0 18495 0 18495 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 Ivan Lugo Executive Director 132470 0 0 0 0 0 0 0 0 0 132470 0 0 0 Form 990, Part VI, Section A, Line 6 The Organization has Members. Each member pays a membership fee depending on the classification that it falls under according their volume of business, universities pay a membership fee based on the number of students, public universities do not pay any fees, and governmental organizations can participate through biddings. As of year-end the Organization had 17 members. Form 990, Part VI, Section B, Line 11b The form is reviewed by the Executive Director and then is discussed with the Executive Committee of the Board of Directors for approval. Once approved, the form is signed by the Executive Director and filed. Form 990, Part VI, Section B, Line 12c Each director and member of the board of directors' signs and agreement of no conflict of interests and confidentiality and the staff signs the agreement as part of the contract. Form 990, Part VI, Section B, Line 15 Executive Director's compensation is proposed in a Board of Directors meeting for approval as part of the Organization's Annual Budget. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are made available to the public upon request. An extension was filed in a timely manner.