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Organizations Human Services Promesa Administrative Services Organization Inc

Promesa Administrative Services Organization Inc

Fiscal year ending 2020. Filed on November 15, 2021.

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 2020 IRS Form 990 filing, Promesa Administrative Services Organization Inc, a 501(c)(3) charitable organization, reported compensation for 10 out of 96 total employees. Among the employees shown here, the average compensation is $423,872. The highest compensated employee at Promesa Administrative Services Organization Inc is Raul Russi with fiscal year 2020 compensation of $903,990.

Revenue, expenses, and employee compensation

Revenue

$10,598,327

Expenses

$10,730,389

Employee compensation

$10,531,533
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raul Russi
President and Chief Executive Officer
$903,990
$0 $837,889 $66,101
Jose A Rodriguez
Chief Legal Officer
$551,872
$515,162 No related comp$36,710
Lymaris Albors
Chief Operating Officer
$535,248
$0 $501,299 $33,949
Maria del Carmen Arroyo
Senior Vice President, Operations
$437,569
$400,859 No related comp$36,710
Milton Derienzo
Chief Financial Officer
$402,694
$402,694 No related compNo other comp
David Collymore
CMO
$317,161
$302,546 No related comp$14,615
Steve Kadin
Senior Vice President, Finance
$316,163
$291,504 No related comp$24,659
Giamara M Rosado
Svp/Executive Director Counsel
$292,797
$252,487 No related comp$40,310
Jesus Pedrosa
Senior Vice President Facilities
$247,723
$217,170 No related comp$30,553
Katrina Jones
Senior Vice President
$233,503
$203,607 No related comp$29,896

Benchmark Employee Compensation

Non-Employee Board Members

Edna Quinones
Treasurer
Erica Y Martinez
Secretary
Maria Rivera
Vice Chair
Maritza Lopez
Member
Milagros Baez O'Toole
Chair

Contractors

Adp
Payroll Processing
$627,398
Constructure Technologies LLC
IT Consulting
$273,692
Greenberg Traurig
Legal
$169,709
The Mirram Group
Consulting
$132,000
Sera Security Services LLC
Security
$127,437

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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