Promesa Foundation Inc

Fiscal year ending 2016. Filed on November 6, 2017.

311 East 175th Street
Bronx, New York 10457

Promesa Foundation Inc (EIN: 13-3411787) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Promesa Foundation Inc, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $323,519. The highest compensated employee at Promesa Foundation Inc is Raul Russi with fiscal year 2016 compensation of $616,980.

Revenue, expenses, and employee compensation

Revenue

$2,694,139

Expenses

$2,422,458

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

PROMESA FOUNDATION, INC. WAS CREATED AS A DEVELOPMENT ARM FOR THE ENTIRE ACACIA NETWORK ORGANIZATION. THE FOUNDATION WORKS TO RAISE FUNDS FOR ACACIA NETWORK'S MANY OPERATING PROGRAMS. THE GOAL OF THE FOUNDATION IS TO DEVELOP STREAMS OF FUNDING AND PARTNERSHIPS WITH THE CORPORATE SECTOR TO SUPPORT AND EXPAND ITS OPERATIONS. THE MUTUAL PURPOSE OF ACACIA NETWORK IS TO BE A LEADER IN THE HEALTH AND HUMAN SERVICES ARENA BY PROVIDING AN ARRAY OF SERVICES IN HEALTH, EDUCATION, EMPLOYMENT, ECONOMIC AND COMMUNITY DEVELOPMENT, AND HOUSING ACTIVITIES.

Other organizations also named Promesa Foundation

Revisions to this organization profile

November 12, 2025:
2024 Promesa Foundation Inc 990 filed
November 13, 2024:
2023 Promesa Foundation Inc 990 filed
November 15, 2023:
2022 Promesa Foundation Inc 990 filed

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