PROMESA ADMINISTRATIVE SERVICES ORGANIZATION INC PASO: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PROMESA ADMINISTRATIVE SERVICES ORGANIZATION INC PASO (EIN 13-3653276)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-13
IRS object ID: 201303179349304905
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-13T14:34:43-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WithumSmithBrown PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 SPRING STREET	AddressLine1
City	NEW BRUNSWICK	City
State	NJ	State
ZIP Code	08901	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	133653276	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PROMESA ADMINISTRATIVE SERVICES	BusinessNameLine1
Business Name Line2	ORGANIZATIONINC	BusinessNameLine2

Field	Value	IRS element (for citing)
In Care Of Name	% TOMAS DEL RIO	InCareOfName
Name Control	PROM	NameControl
Phone	7182991100	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	311 EAST 175TH STREET	AddressLine1
Address Line2	Suite	AddressLine2
City	BRONX	City
State	NY	State
ZIP Code	10457	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RAUL RUSSI	Name
Title	CEO	Title
Phone	7182991100	Phone
Date Signed	2013-10-18	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Joseph Perez	Name
Phone	7328281614	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RAUL RUSSI	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1776 Clay Ave	AddressLine1
City	Bronx	City
State	NY	State
ZIP Code	10457	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	6672287	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.PROMESA.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1990	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC., ESTABLISHED AS A NOT-FOR-PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE PROMESA ENTITIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	3	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	3	NbrIndependentVotingMembers
Total Nbr Employees	57	TotalNbrEmployees
Total Nbr Volunteers	3	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5490878	ProgramServiceRevenuePriorYear
Program Service Revenue CY	6007294	ProgramServiceRevenueCY
Investment Income Prior Year	0	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	664993	OtherRevenueCurrentYear
Total Revenue Prior Year	5490878	TotalRevenuePriorYear
Total Revenue Current Year	6672287	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	5337577	SalariesEtcPriorYear
Salaries Etc Current Year	5845930	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	153301	OtherExpensePriorYear
Other Expenses Current Year	161364	OtherExpensesCurrentYear
Total Expenses Prior Year	5490878	TotalExpensesPriorYear
Total Expenses Current Year	6007294	TotalExpensesCurrentYear
Revenues Less Expenses CY	664993	RevenuesLessExpensesCY
Total Assets BOY	1336588	TotalAssetsBOY
Total Assets EOY	1988513	TotalAssetsEOY
Total Liabilities BOY	2353997	TotalLiabilitiesBOY
Total Liabilities EOY	2340929	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-1017409	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-352416	NetAssetsOrFundBalancesEOY
Mission Description	PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC., ESTABLISHED AS A NOT-FOR-PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE PROMESA ENTITIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	6007294	Expense
Revenue	6007294	Revenue
Description	PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC. ESTABLISHED AS A NOT-FOR PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE PROMESA ENTITIES. THESE SERVICES INCLUDE HUMAN RESOURCES, FINANCE, ACCOUNTING, ADMINISTRATIVE, INFORMATION TECHNOLOGY, MAINTENANCE, PURCHASING, MISCELLANEOUS, COMPLIANCE Q&A, HOUSEKEEPING, SECURITY, TRANSPORTATION, AND HOUSING. PROMESA ADMINISTRATIVE SERVICES ORG., INC. IS REIMBURSED AT COST FOR ALL EXPENSES INCURRED ON BEHALF OF ALL PROMESA ENTITIES.	Description
Total Program Service Expense	6007294	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	21	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	57	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	3	NbrVotingGoverningBodyMembers
Number Independent Voting Members	3	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	TOMAS DEL RIO	NamePerson
Telephone Number	7182991100	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1776 CLAY AVE	AddressLine1
City	BRONX	City
State	NY	State
ZIP Code	10457	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Highest Compensated EmployeeHighestCompensatedEmployee
MILAGROS BAEZ O'TOOLE
CHAIR	1.0	X	X	0	0	0
CARMEN VILLA-LUGO ESQ
VICE CHAIR	1.0	X	X	0	0	0
EDUARDO ALAYON
TREASURER	1.0	X	X	0	0	0
TOMAS DEL RIO
CFO	0.0		X	0	308464	30338	35.0
RAUL RUSSI
CEO	0.0		X	0	542838	19766	35.0
PAMELA MATTEL
COO	0.0		X	0	307152	29491	35.0
HON HECTOR DIAZ
PRESIDENT	0.0		X	0	240628	9817	35.0
DR SAROJ BAKSHI
MEDICAL DIRECTOR	0.0			0	196374	17817	35.0	X
Roberto Velez
VP of Compliance	0.0			0	177421	30699	35.0	X
RALPH DECLET
VP OF DEVELOPMENT	0.0			0	204608	25823	35.0	X
ADRIENNE ROSELL
ADMINISTRATOR	0.0			0	198352	29194	35.0	X
DAVID COLLYMORE
CHIEF MEDICAL OFFICER	0.0			0	200162	0	35.0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	2375999	TotalReportableCompFrmRltdOrgs
Total Other Compensation	192945	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
ADP
504 CLINTON CENTER	CLINTON	MS	39056	PAYROLL PROCESSING	169433
AVAYA FINANCIAL SERVICES INC
14400 HERTZ QUAIL SPRING PARKWAY	OKLAHOMA CITY	OK	74134	EQUIPMENT LEASING	133254
HISCOCK BARCLAY LLP
80 STATE STREET	ALBANY	NY	12207	LEGAL SERVICES	359703
RICOH AMERICA
5 DEDRICK PLACE	WEST CALDWELL	NJ	07006	EQUIPMENT LEASING	142020

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	SUPERVISORY FEES	Description
Business Code	561000	BusinessCode
Total Revenue Column	6007294	TotalRevenueColumn
Related Or Exempt Function Income	6007294	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	6007294	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	BAD DEBT RECOVERY	Description
Business Code	900099	BusinessCode
Total Revenue Column	664993	TotalRevenueColumn
Related Or Exempt Function Income	664993	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	664993	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	6672287	TotalRevenueColumn
Related Or Exempt Function Income	6672287	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	5845930	Total
Program Services	5845930	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	161364	Total
Program Services	161364	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	0	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6007294	Total
Program Services	6007294	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1064390	BOY
EOY	829292	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	0	BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	272198	BOY
EOY	1159221	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1336588	BOY
EOY	1988513	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2353997	BOY
EOY	2340929	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2353997	BOY
EOY	2340929	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-1017409	BOY
EOY	-352416	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-1017409	BOY
EOY	-352416	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1336588	BOY
EOY	1988513	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	664993	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	X	SupportingOrganization509a3
Supporting Org509a3 Type1	X	SupportingOrg509a3Type1
Certification Checkbox	X	CertificationCheckbox
Contrib By Controlling Individual	false	ContribByControllingIndividual
Contribution By Related Party	false	ContributionByRelatedParty
Contrib By35 Controlled Entity	false	ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation (16 entries)

EINEIN	Type Of OrganizationTypeOfOrganization	Listed In Governing DocListedInGoverningDoc	Supported Organization NotifiedSupportedOrganizationNotified	Organized In USOrganizedInUS	AmountAmount
PROMESA INC
132663328	09	false	true	true	$2,371,918
PROMESA RESIDENTIAL HEALTH CARE FACILITY INC
133676681	04	false	true	true	$1,387,842
PROMESA FOUNDATION INC
133411787	09	false	true	true	$226,736
PROMESA HOUSING DEVELOPMENT FUND CORPORATION INC
133608906	09	false	true	true	$421,634
ACACIA NETWORK HOUSING INC
260076866	07	false	true	true	$951,638
JULIO MARTINEZ MEMORIAL FUND
810623501	07	false	true	true	$81,730
EAST HARLEM COUNCIL FOR COMMUNITY IMPROVEMENT INC
132969933	07	false	true	true	$565,796
ACACIA NETWORK INC
134014082	09	false	true	true	$0
CORPORATION FOR YOUTH ENERGY CORPS INC
133072640	07	false	true	true	$0
GENERAL DEVELOPMENT AND ORIENTATION COUNCIL INC
133333051	07	false	true	true	$0
LA RAMA INC
454797184	07	false	true	true	$0
CAPITAL DISTRICT LATINOS INC
453647494	07	false	true	true	$0
BUFFALO HISPANIC MANAGEMENT COMPANY INC
223035890	09	false	true	true	$0
HISPANOS UNIDOS DE BUFFALO INC
161243094	09	false	true	true	$0
LOISAIDA INC
133023183	09	false	true	true	$0
AUDUBON PARTNERSHIP FOR ECONOMIC DEVELOPMENT LOCAL DEVELOPM
133927797	09	false	true	true	$0

Field	Value	IRS element (for citing)
Total Number Of Supported Orgs	16	TotalNumberOfSupportedOrgs
Sum Of Amounts	6007294	SumOfAmounts

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Current Year Minus3 Years		CurrentYearMinus3Years
Current Year Minus4 Years		CurrentYearMinus4Years
Land		Land
Buildings		Buildings
Leasehold Improvements		LeaseholdImprovements
Equipment		Equipment
Other Land Buildings		OtherLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	DUE FROM AFFILIATES - NET	Description
Book Value	1159221	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1159221	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability
Total Of Amounts	0	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	6672287	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	6672287	RevenueSubtotal
Total Revenue Per Form990	6672287	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	6007294	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	6007294	ExpensesSubtotal
Total Expenses Per Form990	6007294	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	FIN 48 FOOTNOTE	Identifier
Return Reference	Schedule D, Part X, Line 2	ReturnReference
Explanation	PASO is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and New York taxation codes. Accordingly, no provision for income taxes has been reflecteD. PASO follows generally accepted accounting principles related to uncertain tax positions which require tax effects from an uncertain tax position to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. If an uncertain tax position meets the more-likely-than-not threshold, the largest amount of tax benefit that is greater than 50 percent likely to be recognized upon ultimate settlement with the taxing authority is recorded. PASO's primary tax positions relate to its status as a not-for-profit entity exempt from income taxes and classification of activities related to its exempt purpose. Management has evaluated the tax positions reflected in PASO's tax filings and does not believe that any material uncertain tax positions exist. PASO did not record any tax related interest or penalties during the years in question. PASO files forms 990 in the U.S. federal jurisdiction and CHAR 500 in the State of New York jurisdiction. PASO is generally no longer subject to examination by the Internal Revenue Service for years before 2009.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	X	IndependentConsultant
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	true	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
TOMAS DEL RIO
CFO	0	230760	0	50000	0	27704	0	12223	0	18115	0	338802	0	0
RAUL RUSSI
CEO	0	393615	0	139783	0	9440	0	15766	0	4000	0	562604	0	0
PAMELA MATTEL
COO	0	249273	0	50000	0	7879	0	10361	0	19130	0	336643	0	0
HON HECTOR DIAZ
PRESIDENT	0	164574	0	66480	0	9574	0	9305	0	512	0	250445	0	0
DR SAROJ BAKSHI
MEDICAL DIRECTOR	0	192666	0	0	0	3708	0	9627	0	8190	0	214191	0	0
Roberto Velez
VP of Compliance	0	166992	0	10000	0	429	0	8705	0	21994	0	208120	0	0
RALPH DECLET
VP OF DEVELOPMENT	0	179486	0	18000	0	7122	0	9702	0	16121	0	230431	0	0
ADRIENNE ROSELL
ADMINISTRATOR	0	198082	0	0	0	270	0	9657	0	19537	0	227546	0	0
DAVID COLLYMORE
CHIEF MEDICAL OFFICER	0	200000	0	0	0	162	0	0	0	0	0	200162	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Schedule J, Line 7	Identifier
Explanation	bonuses were provided to some officers and key employees. these bonus percentages are approved by the board of directors as part of the overall compensation package on an annual basis.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EXECUTIVE COMPENSATION	PART VI, SECTION B, LINE 15A&B	THE ORGANIZATION PERIODICALLY ENGAGES AN INDEPENDENT AND QUALIFIED COMPENSATION CONSULTANT TO COMPILE AND ANALYZE DETAILED DATA ABOUT THE TYPES AND LEVELS OF COMPENSATION PACKAGES PROVIDED BY ORGANIZATIONS IN PROMESA'S PEER GROUP TO INDIVIDUALS IN POSITIONS SIMILAR TO THE OFFICERS OF PROMESA.
990 APPROVAL PROCESS	PART VI, SECTION B, LINE 11B	THE ORGANIZATION DISTRIBUTES THE 990 AT THE BOARD OF DIRECTORS MEETING. THE BOARD VOTES TO APPROVE THE 990.
COMPLIANCE WITH CONFLICT OF INTEREST POLICY	PART VI, SECTION B, LINE 12C	Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy; b. Has read and understands the policy; c. Has agreed to comply with the policy; and d. Understands the Organization is charitable, and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.
GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC	PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (16 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg
PROMESA INC
311 EAST 175TH STREET	BRONX	NY	10457	132663328	HEALTH SERV	NY	501(c)(3)	9	Acacia	false
PROMESA FOUNDATION INC
311 EAST 175TH STREET	BRONX	NY	10457	133411787	Development	NY	501(c)(3)	11	Acacia	false
EAST HARLEM COUNCIL COMMUNITY IMPROVEMEN
413 EAST 120TH ST	NEW YORK	NY	10035	132969933	HOUSING	NY	501(c)(3)	7	Acacia	false
PROMESA HOUSING DEVELOPMENT FUND
311 EAST 175TH STREET	BRONX	NY	10457	133608906	HOUSING	NY	501(c)(3)	9	Acacia	false
PROMESA RESIDENTIAL HEALTHCARE FACILITY
308 EAST 175TH STREET	BRONX	NY	10457	133676681	HEALTHCARE	NY	501(c)(3)	4	Acacia	false
Acacia Network Inc
300 EAST 175th STREET	BRONX	NY	10457	134014082	ADMIN	NY	501(c)(3)	11	NA	false
CORPORATION FOR YOUTH ENERGY CORPS
300 EAST 175TH STREET	BRONX	NY	10457	133072640	YOUTH PROGRAM	NY	501(c)(3)	7	Acacia	false
ACACIA NETWORK HOUSING INC
1064 FRANKLIN AVENUE	BRONX	NY	10456	260076866	HOUSING	NY	501(c)(3)	7	Acacia	false
GENERAL DEVELOPMENT AND ORIENTATION
717 SOUTHERN BOULEVARD	BRONX	NY	10455	133333051	HOUSING	NY	501(c)(3)	7	Acacia	false
THE JULIO A MARTINEZ MEMORIAL FUND
1064 FRANKLIN AVENUE	BRONX	NY	10456	810623501	DEVELOPMENT	NY	501(c)(3)	7	Acacia	false
La Rama Inc
300 East 175th Street	Bronx	NY	10457	454797184	Housing	NY	502(c)(3)	Applied For	Acacia	false
Capital District Latinos Inc
1776 Clay Avenue	Bronx	NY	10457	453647494	Housing	NY	501(c)(3)	Applied For	Acacia	false
BUFFALO HISPANIC MANAGEMENT COMPANY INC
254 VIRGINIA STREET	BUFFALO	NY	14201	223035890	MANAGEMENT	NY	501(c)(3)	9	ACACIA	false
HISPANOS UNIDOS DE BUFFALO INC
254 VIRGINIA STREET	BUFFALO	NY	14201	161243094	SOCIAL SERVIC	NY	501(c)(3)	7	ACACIA	false
LOISAIDA INC
300 EAST 175TH STREET	BRONX	NY	10457	133023183	ANNUAL FAIR	NY	501(c)(3)	9	ACACIA	false
AUDUBON PARTNERSHIP FOR ECONOMIC DEVELOP
300 EAST 175TH STREET	BRONX	NY	10457	133927797	ECONOMIC DEV	NY	501(c)(3)	7	ACACIA	false

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	PROMESA ENTERPRISES	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	300 EAST 175th STREET	AddressLine1
City	BRONX	City
State	NY	State
ZIP Code	10457	ZIPCode

Field	Value	IRS element (for citing)
EIN	133819522	EIN
Primary Activity	Housing	PrimaryActivity
Legal Domicile State	NY	LegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Acacia	BusinessNameLine1

Field	Value	IRS element (for citing)
Type Of Entity	C-CORP	TypeOfEntity
Controlled Org	false	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg