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Nonprofit · EIN 23-7409172

CARIBBEAN UNIVERSITY

Tax-exempt · BAYAMON, PR 00960

Financials

$16.2M$16.2M2022$16.4M$16.5M2023$15.3M$16.6M2024
Revenue Expenses · by fiscal year end
Financials of CARIBBEAN UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$15,334,967$16,559,149-$1,224,182$50,721,603$27,239,310$23,482,293
June 30, 2024990$16,415,414$16,456,358-$40,944$50,865,893$26,159,418$24,706,475
June 30, 2023990$16,243,819$16,150,445$93,374$51,449,461$26,702,042$24,747,419
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$811,547
of which government grants
$701,291
Program service revenue
$14,523,420
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$597,930
Other salaries and wages
$5,951,968
Salaries, compensation and benefits (total)
$7,438,580
Professional fundraising fees
$0
Occupancy
$962,863
Depreciation
$1,360,196
Program services (functional)
$9,780,493
Management and general (functional)
$6,778,656

Balance sheet and other

Total assets, start of year
$50,865,893
Total assets, end of year
$50,721,603
Total liabilities, end of year
$27,239,310
Net assets, end of year
$23,482,293
Land, buildings and equipment
$37,737,936
Net assets without donor restrictions
$23,352,767
Net assets with donor restrictions
$129,526
Gross receipts
$15,334,967
Employees
377
Volunteers
0
Year formed
1972
State of legal domicile
PR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANA E CUCURELLAEXECUTIVE PRESIDENT
Trustee or director, Officer, Key employee, Highest-paid employee
40$150,599
JESUS SANTIAGOACADEMIC VICE PRESIDET
Key employee, Highest-paid employee
40$125,800
HECTOR GRACIA GRACIAVP FINANZAS
Key employee, Highest-paid employee
40$105,200
VICTOR ADORNO BADILLOEXECUTIVE DIRECTOR
Key employee
40$73,800
ELENA GARCIACOMPLIANCE DIRECTOR
Key employee
40$71,600
LILLIAM MATOS FREYTESVP PLANNNIG AND DEVELOPMENT
Key employee
40$70,931
KENETH OLIVERASSECRETARY OF BOARD OF DIRECTORS
Trustee or director
1$0
TERESITA RIVERADIRECTOR
Trustee or director
1$0
JULIO CAYPRESIDENT OF THE BOARD OF DIRECTORS
Trustee or director
1$0
HERBERT MATTEIDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
ANA E CUCURELLAEXECUTIVE PRESIDENT
Trustee or director, Officer, Key employee
40$163,100
JESUS SANTIAGOACADEMIC VICE PRESIDET
Key employee
40$127,000
HECTOR GRACIA GRACIAVP FINANZAS
Key employee
40$105,200
VICTOR ADORNO BADILLOEXECUTIVE DIRECTOR
Key employee
40$73,800
ELENA GARCIACOMPLIANCE DIRECTOR
Key employee
40$71,600
LILLIAM MATOS FREYTESVP PLANNNIG AND DEVELOPMENT
Key employee
40$70,931
KENETH OLIVERASSECRETARY OF BOARD OF DIRECTORS
Trustee or director
1$0
TERESITA RIVERADIRECTOR
Trustee or director
1$0
JULIO CAYPRESIDENT OF THE BOARD OF DIRECTORS
Trustee or director
1$0
HERBERT MATTEIDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
ANA E CUCURELLAEXECUTIVE PRESIDENT
Trustee or director, Officer, Key employee
40$159,037
HECTOR GRACIA GRACIAVP FINANZAS
Key employee
40$83,033
ELENA GARCIACOMPLIANCE DIRECTOR
Key employee
40$69,693
VICTOR ADORNO BADILLOEXECUTIVE DIRECTOR
Key employee
40$64,078
KENETH OLIVERASSECRETARY OF BOARD OF DIRECTORS
Trustee or director
1$0
TERESITA RIVERADIRECTOR
Trustee or director
1$0
JULIO CAYPRESIDENT OF THE BOARD OF DIRECTORS
Trustee or director
1$0
HERBERT MATTEIDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 493, BAYAMON, PR 00960-0493
Principal officer (990 for 2024)
DRA ANA CUCURELLA, PO BOX 493, BAYAMON, PR 00960
Signed the 990
DRA ANA CUCURELLA, EXECUTIVE PRESIDENT
Phone
(787) 780-0070
Return prepared by
JUAN A VAZQUEZ ALDEA CPA

Mission

Provide Higher Education to sub-graduated, graduated and doctoral students under degree programs.

990 for the year ended June 30, 2025

Program accomplishments

  • Educational services for 2962 undergraduate and 1031 graduate students.
    Expenses $9,780,493 · revenue $14,523,420

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7409172
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$50,721,603
Income (IRS master file)
$15,334,967

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$15,334,967$16,559,149$50,721,603IRS
990June 2024$16,415,414$16,456,358$50,865,893IRS
990June 2023$16,243,819$16,150,445$51,449,461IRS
990June 2022$23,989,672$17,488,018$49,066,068IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7409172).

Questions about CARIBBEAN UNIVERSITY

What is the EIN of CARIBBEAN UNIVERSITY?
The employer identification number (EIN) of CARIBBEAN UNIVERSITY is 23-7409172.
Is CARIBBEAN UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to CARIBBEAN UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARIBBEAN UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CARIBBEAN UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARIBBEAN UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CARIBBEAN UNIVERSITY?
The 990 for the year ended June 30, 2025 names DRA ANA CUCURELLA.
Who are the officers and directors of CARIBBEAN UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 10 people; 6 received compensation from the organization, the highest $150,599 (ANA E CUCURELLA, EXECUTIVE PRESIDENT).
How much revenue does CARIBBEAN UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $15,334,967, expenses of $16,559,149 and total assets of $50,721,603 at year end.

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