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Promesa Administrative Services Organization Inc
Bronx, NY · EIN 133653276 · Form 990 · FY2024 · NTEE P020 · Human Services · Large ($10M-$50M)
revenue
$12.4M
expenses
$12.6M
net assets
$-393K
employees
0
volunteers
9
program ratio
100%
mission · from form 990

TO PROVIDE ALL SUPERVISORY AND ADMIN SERVICES FOR EACH OF THE ACACIA NETWORK ENTITIES.

profile · synthesized from sources

Promesa Administrative Services Organization Inc is a nonprofit based in the Bronx, NY, that provides supervisory and administrative services to entities within the Acacia Network. As a supporting organization, it does not directly serve external beneficiary populations but enables the operations of affiliated service-providing organizations. Its mission is focused on centralized administrative support for a network of human services entities.

named programs · 1 · from sources

What they call their work

Administrative Services
Provides centralized supervisory, financial, HR, and operational management support to all Acacia Network entities
activities · 1 group

What they do

  • Nonprofit Capacity Building Services 1 activity
    • Providing supervisory and administrative services for Acacia Network entities
      Offers centralized supervisory and administrative support to all entities within the Acacia Network, ensuring operational coherence and management oversight.
financials · form 990 · fy2024
revenue
Total revenue$12.40M
Contributions & grants$00%
Program service revenue$12.40M100%
Investment income$00%
Other revenue$0
expenses
Total expenses$12.62M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$12.40M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$15.21M
Cash$190K
Investments$0
Liabilities$15.60M
Net assets$-393K
Liquid reserves0.2 mo
3 years on record · 2020–2024 · YoY revenue +0.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 14
NameTitleHours/wkCompensation
RAUL RUSSI PRESIDENT 0 $998K
LYMARIS ALBORS CHIEF EXECUTIVE OFFICER 0 $893K
JOSE A RODRIGUEZ CHIEF LEGAL OFFICER/ EXEC V.P 0 $593K
VICKY GATELL CHIEF FINANCIAL OFFICER 0 $489K
DAVID COLLYMORE CMO/SENIOR VP CLINICAL AFFAIRS 0 $478K
MARIA DEL CARMEN ARROYO CHIEF ADMINISTRATIVE OFFICER 0 $475K
STEVE KADIN EXECUTIVE V.P OF FINANCE 0 $353K
GIAMARA M ROSADO SVP/EXECUTIVE DEPUTY COUNSEL 0 $317K
JESUS PEDROSA V.P. SPECIAL CAPITAL PROJECTS 0 $289K
KATRINA JONES SVP HR & TALENT MANAGEMENT 0 $286K
GABRIELA GONZALEZ SVP OF EA & STRATEGIC PLANNING 0 $240K
EDITH M TURNBULL DIRECTOR OF PROCUREMENT 0 $203K
SYED S AHMED CORPORATE RISH MNG/DEPUTY COU 0 $195K
ERIK ALICEA DIRECTOR OF HUMAN RESOURCES 0 $151K
board members · 9
  • CARMEN J VILLA-LUGO ESQ — CHAIR
  • CARMEN S MELERO — BOARD MEMBER
  • ELIZER RODRIGUES ESQ — BOARD MEMBER
  • FEDERICO PEREZ — BOARD MEMBER
  • GILBERT HERNANDEZ — SECRETARY
  • HENRY COMAS — VICE CHAIR
  • KALEB H SANCHEZ ESQ — BOARD MEMBER
  • WALTER MACK ESQ — BOARD MEMBER
  • WILFRED RENTA — TREASURER
relationships · 1

Who they work with

  • Acacia Network Partner — Provides supervisory and administrative services for all Acacia Network entities.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.