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Organizations Human Services Promesa Administrative Services Organization Inc

Promesa Administrative Services Organization Inc

Fiscal year ending 2018. Filed on November 15, 2019.

311 East 175th Street
Bronx, New York 10457

Promesa Administrative Services Organization Inc (EIN: 13-3653276) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Promesa Administrative Services Organization Inc, a 501(c)(3) charitable organization, reported compensation for 8 out of 93 total employees. Among the employees shown here, the average compensation is $442,232. The highest compensated employee at Promesa Administrative Services Organization Inc is Raul Russi with fiscal year 2018 compensation of $831,952.

Revenue, expenses, and employee compensation

Revenue

$10,428,587

Expenses

$10,416,954

Employee compensation

$10,228,650
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raul Russi
Chief Executive Officer
$831,952
$0 $773,181 $58,771
Pamela Mattel
COO (Through 6/30/18)
$530,862
$0 $472,149 $58,713
David Glasel
CLO (Through 6/30/18)
$481,514
$462,253 No related comp$19,261
Jose A Rodriguez
CLO (From 7/1/18)
$414,505
$368,619 No related comp$45,886
Milton Derienzo
Executive Vice President and Chief Financial Officer
$409,973
$398,305 No related comp$11,668
Hon Hector Diaz
President
$321,066
$307,188 No related comp$13,878
Maria del Carmen Arroyo
Senior Vice President of Administration
$306,361
$270,165 No related comp$36,196
Lymaris Albors
Evp/Chief of Staff
$241,624
$0 $232,775 $8,849

Benchmark Employee Compensation

Non-Employee Board Members

Edna Quinones
Treasurer
Erica Y Martinez
Member
Gloria Delgado
Secretary
Henry Comas
Vice Chair
Iris W Ramirez
Chair
Jose Encarnacion
Member
Maria Rivera
Member
Maritza Lopez
Member

Contractors

Adp
Payroll Processing
$550,959
Osis
Medical Billing Syst
$547,602
Ebatiz and Associates
Marketing
$438,858
DE Lage Landen
Equipment Leasing
$431,202
Ltg
Med. Waste Removal
$284,356

Mission Statement

PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC., ESTABLISHED AS A NOT-FOR-PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE ACACIA NETWORK ENTITIES.

Revisions to this organization profile

November 18, 2025:
2024 Promesa Administrative Services Organization Inc 990 filed
November 15, 2024:
2023 Promesa Administrative Services Organization Inc 990 filed
November 15, 2023:
2022 Promesa Administrative Services Organization Inc 990 filed

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