Fiscal year ending 2020. Filed on November 15, 2021.
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 2020 IRS Form 990 filing, Promesa Foundation Inc, a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $542,139. The highest compensated employee at Promesa Foundation Inc is Raul Russi with fiscal year 2020 compensation of $903,720.
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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.
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