Caribbean University Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237409172 ✦ Designated as a 501(c)(3)

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Overview

What is Caribbean University Inc?

Caribbean University Inc, located in Bayamon, Puerto Rico, is a nonprofit institution dedicated to providing higher education to over 3200 students, including undergraduates and graduates. With a workforce of 341 employees, the university offers degree programs to sub-graduates, graduates, and doctoral students. The organization's mission is to expand knowledge and opportunities through education. Students can pursue their academic goals at this esteemed institution, which aims to foster a vibrant learning environment.


Official website here: www.caribbean.edu

What are the reviews and ratings of this charity?

Charity Navigator rating: 76%, Three-Star out of Four Star rating.

Caribbean University Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The charity's score is derived entirely from its Accountability & Finance metrics, where it scored well in areas such as having a majority independent board and a robust audit process. Despite its strong governance practices, the organization could improve its financial ratios related to program expenses, indicating that a larger portion of its budget may not be directed towards program services.

User feedback highlights the university's impact on economically disadvantaged students, especially those who are first-generation college attendees. A five-star review noted the organization's commitment to helping students from poor families, showcasing its role in providing educational opportunities to those who might otherwise struggle to access higher education. This positive feedback points to the university's valuable contribution to its community.

However, there is a noted limitation regarding its whistleblower policy, which is missing. This could raise potential concerns about transparency and internal accountability. Overall, while Caribbean University Inc shows promise in its mission and governance, addressing identified weaknesses could enhance its operational effectiveness and public trust.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Caribbean University Inc legitimate?

Caribbean University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caribbean University Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,648,770

For more financial information, click here


Official website here: www.caribbean.edu

What is the mission statement of Caribbean University Inc?

Caribbean University Inc is dedicated to expanding educational opportunities for students at various academic levels. Their mission involves offering degree programs to sub-graduates, graduates, and doctoral students. In providing higher education, the institution aims to equip students with the knowledge and skills necessary for their personal and professional growth. With a focus on academic excellence, the university serves 2480 undergraduate and 798 graduate students, providing them with a well-rounded learning experience. Through its academic programs, Caribbean University Inc strives to prepare students for successful careers and contribute to their overall development.


Official website here: www.caribbean.edu

Who is the CEO of Caribbean University Inc?

Dra Ana Cucurella is the Principal Officer of Caribbean University Inc.


Official website here: www.caribbean.edu

What is the revenue of Caribbean University Inc?

Caribbean University Inc's revenue in 2022 was $23,989,672.


Official website here: www.caribbean.edu

Who are the executives of Caribbean University Inc and what are their salaries?

The average compensation at Caribbean University Inc during 2022 was $16,565. There are 341 employees at Caribbean University Inc.


Here are 8 key members and their salaries:


Ana E Cucurella (President)
  • Compensation: $167,500
  • Related: $0
  • Other: $0
Hector Gracia Gracia (Vp Finanzas)
  • Compensation: $76,000
  • Related: $0
  • Other: $0
Elena Garcia (Compliance Director)
  • Compensation: $66,880
  • Related: $0
  • Other: $0
Victor Adorno Badillo (Executive Director)
  • Compensation: $60,420
  • Related: $0
  • Other: $0
Keneth Oliveras (Secretary Of Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresita Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Cay (President Of The Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Mattei (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.caribbean.edu

Where can I find the form 990 for Caribbean University Inc?

Caribbean University Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.caribbean.edu

Learn more at the official website: www.caribbean.edu

Mission Statement of Caribbean University Inc

Caribbean University Inc, a distinguished institution, is dedicated to the pursuit of higher education for individuals holding sub-graduate, graduate, and doctoral degrees. The organization's primary objective is to open the doors of academic opportunity for these students, enabling them to advance their knowledge and skills within their chosen fields.

Through its various degree programs, Caribbean University Inc extends its reach to over 3278 students, 2480 of whom are pursuing undergraduate studies and 798 who are furthering their education at the graduate level. The institution is committed to providing a well-rounded educational experience, ensuring that each student is equipped with the necessary tools to succeed in their academic endeavors and beyond.

Caribbean University Inc's unwavering dedication to education is a beacon of hope for students seeking to expand their horizons and improve their lives. The institution's mission, in essence, is to empower individuals to unlock their full potential and contribute positively to their communities and the world at large. By offering degree programs that cater to a diverse range of fields, Caribbean University Inc fosters a learning environment that encourages intellectual growth, personal development, and the pursuit of excellence.

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Impact




October, 2024

Caribbean University Inc makes a significant impact by providing higher education opportunities to a diverse population of students. With educational services catering to 2,480 undergraduate and 798 graduate students, the university plays a vital role in fostering academic growth and professional development in the region. Its mission is focused on delivering quality educational programs, which not only empower individuals but also contribute to the overall advancement of the community. By supporting sub-graduated, graduated, and doctoral students, Caribbean University Inc helps build a skilled workforce, enhances socioeconomic mobility, and encourages lifelong learning, ultimately benefiting both students and society at large.




This information is meant to be a general summary of Caribbean University Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$23,989,672 (2022)
Expenses
$17,488,018 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,324,881
  • Program Service Revenue: $10,811,348
  • Gross Receipts: $23,989,672

Assets and Liabilities:

  • Total Assets: $49,066,068
  • Total Liabilities: $24,412,023
  • Net Assets: $24,654,045

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$10,097,951

OTHER SOURCE

Revenue

$713,397

Organization Details

Founding Year

1972

Principal Officer

Dra Ana Cucurella

NTEE Category

Code: B42 - Education

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