Civic Intelligence

Servicios Mdicos Universitarios Inc

EIN 66-0561027 • 501(c)3 • Carolina, PR

Profile

To be the principal medical education institution of the university of puerto rico and to offer health care services to the residents of puerto rico.

Call Box 6021Carolina, PR 00984-6021
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.38x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.29x

Higher debt load relative to revenue than 46% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

60th percentile

8.3%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$151,199

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

52nd percentile

6.5%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

13%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$52,621,867

Up $3,194,206 (+6.5%) from 2023

Liabilities

Down

$20,176,139

Down $2,531,134 (-11%) from 2023

Net Assets

Up

$32,445,728

Up $5,725,340 (+21%) from 2023

Revenue

Up

$68,960,673

Up $7,950,218 (+13%) from 2023

Expenses

Up

$63,235,333

Up $3,216,659 (+5.4%) from 2023

Net Income

Up

$5,725,340

Up $4,733,559 (+477%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0-$50M-$100MAssets 2010: $31,192,925Liabilities 2010: $92,876,169Net Assets 2010: -$61,683,2442010Assets 2011: $25,811,123Liabilities 2011: $85,059,798Net Assets 2011: -$59,248,6752011Assets 2012: $29,864,195Liabilities 2012: $50,283,185Net Assets 2012: -$20,418,9902012Assets 2013: $32,242,891Liabilities 2013: $46,753,863Net Assets 2013: -$14,510,9722013Assets 2014: $28,262,438Liabilities 2014: $44,910,557Net Assets 2014: -$16,648,1192014Assets 2015: $33,030,222Liabilities 2015: $44,056,326Net Assets 2015: -$11,026,1042015Assets 2016: $34,651,281Liabilities 2016: $42,154,133Net Assets 2016: -$7,502,8522016Assets 2017: $36,519,814Liabilities 2017: $40,078,822Net Assets 2017: -$3,559,0082017Assets 2018: $50,170,542Liabilities 2018: $50,561,815Net Assets 2018: -$391,2732018Assets 2019: $40,882,552Liabilities 2019: $35,678,801Net Assets 2019: $5,203,7512019Assets 2020: $45,317,962Liabilities 2020: $39,135,334Net Assets 2020: $6,182,6282020Assets 2021: $58,931,826Liabilities 2021: $38,282,005Net Assets 2021: $20,649,8212021Assets 2022: $48,189,791Liabilities 2022: $22,461,184Net Assets 2022: $25,728,6072022Assets 2023: $49,427,661Liabilities 2023: $22,707,273Net Assets 2023: $26,720,3882023Assets 2024: $52,621,867Liabilities 2024: $20,176,139Net Assets 2024: $32,445,7282024

Highlighted filing

2024

Assets$52,621,867
Liabilities$20,176,139
Net Assets$32,445,728

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $47,516,9772010Expenses 2011: $49,783,5582011Expenses 2012: $51,133,9342012Expenses 2013: $50,657,6832013Revenue 2014: $42,539,134Expenses 2014: $44,676,281Net Income 2014: -$2,137,1472014Revenue 2015: $52,351,590Expenses 2015: $46,729,575Net Income 2015: $5,622,0152015Revenue 2016: $51,128,434Expenses 2016: $47,605,182Net Income 2016: $3,523,2522016Revenue 2017: $53,052,811Expenses 2017: $49,108,967Net Income 2017: $3,943,8442017Revenue 2018: $56,337,299Expenses 2018: $53,169,564Net Income 2018: $3,167,7352018Revenue 2019: $60,440,162Expenses 2019: $54,845,138Net Income 2019: $5,595,0242019Revenue 2020: $48,919,189Expenses 2020: $47,940,312Net Income 2020: $978,8772020Revenue 2021: $67,665,050Expenses 2021: $47,125,143Net Income 2021: $20,539,9072021Revenue 2022: $60,009,551Expenses 2022: $54,930,765Net Income 2022: $5,078,7862022Revenue 2023: $61,010,455Expenses 2023: $60,018,674Net Income 2023: $991,7812023Revenue 2024: $68,960,673Expenses 2024: $63,235,333Net Income 2024: $5,725,3402024

Highlighted filing

2024

Revenue$68,960,673
Expenses$63,235,333
Net Income$5,725,340

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.6$20.2$32.4$69.0$63.2$5.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.4$22.7$26.7$61.0$60.0$0.99
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.2$22.5$25.7$60.0$54.9$5.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.9$38.3$20.6$67.7$47.1$20.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.3$39.1$6.18$48.9$47.9$0.98
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.9$35.7$5.20$60.4$54.8$5.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.2$50.6$0.39$56.3$53.2$3.17
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$40.1$3.56$53.1$49.1$3.94
2016Detailed filing. Detailed filing data is available for this year.$34.7$42.2$7.50$51.1$47.6$3.52
2015Detailed filing. Detailed filing data is available for this year.$33.0$44.1$11.0$52.4$46.7$5.62
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$44.9$16.6$42.5$44.7$2.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$46.8$14.5$50.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.9$50.3$20.4$51.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$85.1$59.2$49.8
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$92.9$61.7$47.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$68,960,673
Mission and Program Overview

Mission

To be the principal medical education institution of the university of puerto rico and to offer health care services to the residents of puerto rico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,066,663$26,258,068▲ $4,191,405
Cash and Non-Interest-Bearing Accounts$15,302,085$12,164,939▼ $3,137,146
Accounts Receivable$9,793,204$11,707,709▲ $1,914,505
Inventories for Sale or Use$1,027,050$1,132,886▲ $105,836
Prepaid Expenses and Deferred Charges$734,544$922,564▲ $188,020
Total Assets$49,427,661$52,621,867▲ $3,194,206
Other Assets Total$504,115$435,701▼ $68,414
Liabilities
Other Liabilities$12,501,628$12,542,878▲ $41,250
Accounts Payable and Accrued Expenses$10,205,645$7,633,261▼ $2,572,384
Total Liabilities$22,707,273$20,176,139▼ $2,531,134
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,720,388$32,445,728▲ $5,725,340
Total Net Assets Fund Balance$26,720,388$32,445,728▲ $5,725,340
Total Liabilities and Net Assets / Fund Balance$49,427,661$52,621,867▲ $3,194,206

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,907,489$16,593,844$24,501,333
Other Land Buildings$11,784,800$974,768$12,759,568
Leasehold Improvements$6,565,779$5,836,951$12,402,730
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yelitza Sanchez RodriguezExecutive DiFT$151,199$151,199
Yelitza Sanchez RodriguezExecutive Director-$151,199$151,199
Hector Ortiz FigueroaCFOFT$128,481$128,481
Jorge a Flores RodriguezAssociate AdFT$91,202$91,202
Luis M Vidot RomanAbc ManagerFT$84,771$84,771
Yasirie Rios RodriguezNurse DirectFT$81,199$81,199
Elisabel Caban ColonAssociate aFT$77,550$77,550
Waleska Rodriguez CastroHuman ResourFT$75,403$75,403
Juan Nieves BaezCIOFT$74,249$74,249
Glena C Calderon RojasCorp CompliaFT$74,099$74,099
Lizmara Collazo SotomayorUtilizationFT$73,000$73,000
Lizmara Collazo SotomayorUtilization Rev Mana-$73,000$73,000
Lorna L Battistini RuizDirector ofFT$71,107$71,107

Highest Paid Contractors

ContractorServicesLocationCompensation
Cardinal Health Pr 220 INCMedical SuppliePO BOX 70220, SAINTJUST STATION, San Juan, PR 00936$1,603,564
Facilities Engineering SerConstruction CoPO BOX 163, Saint Just, PR 00978$1,573,145
Precise Radiology PscRadiology ServiPMB 439 SUITE 113 100 GRAN BOULEVAR, San Juan, PR 00930$1,218,584
North JanitorialsJanitorial ServPO BOX 362617, San Juan, PR 00936-2617$1,153,066
Jlg Consulting EngineeringConstruction CoPO BOX 9023455, San Juan, PR 00902-3455$1,001,142
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$66,057,015
Investment Income
$599,085
Other Revenue
$2,304,573
Change in Net Assets
$5,725,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$68,960,673
Total Revenue per Audited Statements
$68,960,673
Total Revenue per Form 990
$68,960,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,728,022
Salaries, Compensation, and Employee Benefits$24,507,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,324,209$4,855,909-$20,180,118
Fees for Services Other$7,403,003$3,114,814-$10,517,817
Payroll Taxes$2,359,887$985,046-$3,344,933
Depreciation Depletion-$2,601,494-$2,601,494
All Other Expenses$195,725$1,219,487-$1,415,212
Current Officers, Directors, Trustees, and Key Employees-$835,011-$835,011
Insurance-$688,044-$688,044
Other Expenses$350,033$184,701-$534,734
Fees for Services Legal-$369,306-$369,306
Comp Disqual Persons-$147,249-$147,249
Fees for Services Accounting-$93,745-$93,745
Interest-$39,462-$39,462
Total Functional Expenses$42,432,914$20,802,419$0$63,235,333

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$63,235,333
Total Expenses per Audited Statements$63,235,333
Total Expenses per Form 990$63,235,333
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$5,149,858
Long Term Debt$4,252,471
Reserve for Claims$2,369,146
Current Portion of Long Term Debt$600,349
Opertaring Lease Liab. Net of Curren$100,648
Current Portion of Oper. Lease Liabi$70,406
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The board of directors is composed of: the president of the university of puerto rico, the dean of the medicine school of the medical science campus of the university of puerto rico, a member of the board of trustees of the university of puerto rico, a secretary and three additional members, who are appointed by the president of the university of puerto rico and are ratified by the board of trustees of the university of puerto rico in disposition that one of the three members must be a health care administrator. All the members of the board of directors have the right to vote.

Form 990, Page 6, Part VI, Line 7B

YES

Form 990, Page 6, Part VI, Line 11B

The review process of the form 990 is under the responsibility of the board of directors finance committee of servicios medicos universitarios, inc. Such committee at the same time, delegates this task to the finance director, who performs the review of the 990 form and is authorized to provide the release for the final issuance of the form.

Form 990, Page 6, Part VI, Line 12C

If it is determined that there could be a conflict of interest among the employees of the entity, this must be communicated to the personnel supervisor, who will consult with top management if deemed necessary. In cases where additional information is necessary, the management has to consult with the legal division.

Form 990, Page 6, Part VI, Line 15A

The board of directors approves the compensations of the ceo and the cfo and such compensations are examined every two or three years, depending on the economic situation of the entity.

Form 990, Page 6, Part VI, Line 15B

The board of directors approves the compensations of the ceo and the cfo and such compensations are examined every two or three years, depending on the economic situation of the entity.

Form 990, Page 6, Part VI, Line 19

The company is a component unit of the university and is discretely presented in the university's financial statements.

Filing and Contact Details

Filer

Filer Name
Servicios Mdicos
EIN
66-0561027
Phone
7877571831
Address
CALL BOX 6021, CAROLINA, PR 00984-6021

Signing Officer

Name
Yelitza Sanchez Rodriguez
Title
Executive Director
Phone
7877571831
Signed
2025-05-15

Organization Details

Principal Officer
Yelitza Sanchez Rodriguez
Formed
1998
Legal Domicile
Pr
Voting Board Members
7
Independent Board Members
7
Employees
816
Volunteers
11

Preparer

Firm
Galindez LLC
Address
PO BOX 364152, SAN JUAN, PR 00936-4152
Preparer
Iris Otero-guerra
Phone
7877254545
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

During 2023-2024, the organization self-sustain the economic and physical resources to continue providing medical services along with the following: 1.aurora program results (november 2023): the puerto rico department of health recognized our implementation of the aurora program, a pioneering initiative that, in just two years, has proven effective in reducing premature births. This unique model on the island positions our hospital as a leader in perinatal health. 2.historic accreditation (december 2023): in december 2023, we received, for the first time, full and unconditional accreditation from the joint commission, reaffirming our commitment to excellence, patient safety, and quality healthcare services. 3.collaboration agreement with the lunas project (march 2024): we partnered for the implementation of the "hope in the box" program, which aims to provide direct and tangible support to mothers and fathers during the process of perinatal or neonatal loss through a gift of hope. Each "hope in a box" is intended to promote a healthy grieving process, offering hope and support to those facing perinatal or neonatal loss. 4.recognition in organ donation (april 2024): we were recognized by the u.s. Department of health and human services and lifelink for our exemplary leadership in promoting organ and tissue donation. 5.innovation award (april 2024): we received the team of the year award at the lifelink innovation awards, acknowledging our effective strategies and the extraordinary teamwork demonstrated by our professionals. 6.recognition of our heroes (may 2024): several of our employees were honored by the puerto rico hospital association in categories such as community impact, patient impact, and response to extraordinary events. The story of jennifer snchez and little sarah deeply moved us and reminded us of the true purpose of our vocation. 7.celebrating our legacy (may 2024): during hospital week, we honored the founders of our institution and staff members who have dedicated 40 years of continuous service to our community, highlighting the value of their careers and legacy. 8.center of excellence (december 2024): we ended the year with the re- accreditation as a center of excellence in bariatric and metabolic surgery by the surgical review corporation, remaining the only hospital in puerto rico to hold this prestigious certification. 9.hospital representation at professional meetings and seminars: our institution was represented at events such as the college of health services administrators, the hospital association, ache, ases, and the department of health. 10.capital improvements investment: an ongoing investment of 4,261,591 in capital improvements, including remodeling of patient-use bathrooms, renovation and expansion of the emergency room, intensive care unit and medical gas systems, and the acquisition of an x-ray machine.

Form 990, Part IX, Line 11G

Contracted services 7,403,003 3,114,814 0

Raw XML AppendixShowing 400 of 590 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0TO BE THE PRINCIPAL MEDICAL EDUCATION INSTITUTION OF THE UNIVERSITY OF PUERTO RICO AND TO OFFER HEALTH CARE SERVICES TO THE RESIDENTS OF PUERTO RICO.
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IRS990/Desc0IN GENERAL TERMS THE ORGANIZATION HAS CONTRIBUTED TO THE WELFARE OF THE COMMUNITY SERVED, PROVIDING COMPREHENSIVE HEALTH CARE OF EXCELLENCE TO CAROLINA CITY AND NEIGHBORING TOWNS. THE ORGANIZATION CONTRIBUTES WITH EDUCATIONAL INSTITUTIONS TO PROVIDE FOR THE EDUCATIONAL PREPARATION OF FUTURE HEALTH PROFESSIONALS THAT BENEFITS THE COMMUNITY SERVED. THE ORGANIZATION ALERTS AND PARTICIPATES IN PREVENTIVE HEALTH PROGRAMS FOR THE COMMUNITY TO MAINTAIN AND INCREASE THEIR LEVEL OF HEALTH. IN ADDITION THE ORGANIZATION PERFORMS RESEARCH TO HELP IMPROVE THE QUALITY OF HEALTH SERVICES THAT IS OFFERED TO THE PUBLIC.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0DURING 2023-2024, THE ORGANIZATION SELF-SUSTAIN THE ECONOMIC AND PHYSICAL RESOURCES TO CONTINUE PROVIDING MEDICAL SERVICES ALONG WITH THE FOLLOWING: 1.AURORA PROGRAM RESULTS (NOVEMBER 2023): THE PUERTO RICO DEPARTMENT OF HEALTH RECOGNIZED OUR IMPLEMENTATION OF THE AURORA PROGRAM, A PIONEERING INITIATIVE THAT, IN JUST TWO YEARS, HAS PROVEN EFFECTIVE IN REDUCING PREMATURE BIRTHS. THIS UNIQUE MODEL ON THE ISLAND POSITIONS OUR HOSPITAL AS A LEADER IN PERINATAL HEALTH. 2.HISTORIC ACCREDITATION (DECEMBER 2023): IN DECEMBER 2023, WE RECEIVED, FOR THE FIRST TIME, FULL AND UNCONDITIONAL ACCREDITATION FROM THE JOINT COMMISSION, REAFFIRMING OUR COMMITMENT TO EXCELLENCE, PATIENT SAFETY, AND QUALITY HEALTHCARE SERVICES. 3.COLLABORATION AGREEMENT WITH THE LUNAS PROJECT (MARCH 2024): WE PARTNERED FOR THE IMPLEMENTATION OF THE "HOPE IN THE BOX" PROGRAM, WHICH AIMS TO PROVIDE DIRECT AND TANGIBLE SUPPORT TO MOTHERS AND FATHERS DURING THE PROCESS OF PERINATAL OR NEONATAL LOSS THROUGH A GIFT OF HOPE. EACH "HOPE IN A BOX" IS INTENDED TO PROMOTE A HEALTHY GRIEVING PROCESS, OFFERING HOPE AND SUPPORT TO THOSE FACING PERINATAL OR NEONATAL LOSS. 4.RECOGNITION IN ORGAN DONATION (APRIL 2024): WE WERE RECOGNIZED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES AND LIFELINK FOR OUR EXEMPLARY LEADERSHIP IN PROMOTING ORGAN AND TISSUE DONATION. 5.INNOVATION AWARD (APRIL 2024): WE RECEIVED THE TEAM OF THE YEAR AWARD AT THE LIFELINK INNOVATION AWARDS, ACKNOWLEDGING OUR EFFECTIVE STRATEGIES AND THE EXTRAORDINARY TEAMWORK DEMONSTRATED BY OUR PROFESSIONALS. 6.RECOGNITION OF OUR HEROES (MAY 2024): SEVERAL OF OUR EMPLOYEES WERE HONORED BY THE PUERTO RICO HOSPITAL ASSOCIATION IN CATEGORIES SUCH AS COMMUNITY IMPACT, PATIENT IMPACT, AND RESPONSE TO EXTRAORDINARY EVENTS. THE STORY OF JENNIFER SNCHEZ AND LITTLE SARAH DEEPLY MOVED US AND REMINDED US OF THE TRUE PURPOSE OF OUR VOCATION. 7.CELEBRATING OUR LEGACY (MAY 2024): DURING HOSPITAL WEEK, WE HONORED THE FOUNDERS OF OUR INSTITUTION AND STAFF MEMBERS WHO HAVE DEDICATED 40 YEARS OF CONTINUOUS SERVICE TO OUR COMMUNITY, HIGHLIGHTING THE VALUE OF THEIR CAREERS AND LEGACY. 8.CENTER OF EXCELLENCE (DECEMBER 2024): WE ENDED THE YEAR WITH THE RE- ACCREDITATION AS A CENTER OF EXCELLENCE IN BARIATRIC AND METABOLIC SURGERY BY THE SURGICAL REVIEW CORPORATION, REMAINING THE ONLY HOSPITAL IN PUERTO RICO TO HOLD THIS PRESTIGIOUS CERTIFICATION. 9.HOSPITAL REPRESENTATION AT PROFESSIONAL MEETINGS AND SEMINARS: OUR INSTITUTION WAS REPRESENTED AT EVENTS SUCH AS THE COLLEGE OF HEALTH SERVICES ADMINISTRATORS, THE HOSPITAL ASSOCIATION, ACHE, ASES, AND THE DEPARTMENT OF HEALTH. 10.CAPITAL IMPROVEMENTS INVESTMENT: AN ONGOING INVESTMENT OF 4,261,591 IN CAPITAL IMPROVEMENTS, INCLUDING REMODELING OF PATIENT-USE BATHROOMS, RENOVATION AND EXPANSION OF THE EMERGENCY ROOM, INTENSIVE CARE UNIT AND MEDICAL GAS SYSTEMS, AND THE ACQUISITION OF AN X-RAY MACHINE.
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