2013-11-13T14:34:43-06:00 2012-12-31 WithumSmithBrown PC 1 SPRING STREET NEW BRUNSWICK NJ 08901 990 2012-01-01 133653276 PROMESA ADMINISTRATIVE SERVICES ORGANIZATIONINC % TOMAS DEL RIO PROM 7182991100 311 EAST 175TH STREET Suite BRONX NY 10457 RAUL RUSSI 7182991100 2013-10-18 true Joseph Perez 7328281614 2012 2016-02-24 21:20:13Z RAUL RUSSI 1776 Clay Ave Bronx NY 10457 6672287 false X WWW.PROMESA.ORG X 1990 NY PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC., ESTABLISHED AS A NOT-FOR-PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE PROMESA ENTITIES. 3 3 57 3 0 0 0 5490878 6007294 0 0 0 664993 5490878 6672287 0 0 0 0 5337577 5845930 0 0 0 153301 161364 5490878 6007294 664993 1336588 1988513 2353997 2340929 -1017409 -352416 PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC., ESTABLISHED AS A NOT-FOR-PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE PROMESA ENTITIES. false false 6007294 6007294 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. 6007294 true false false false false false false false false false false false false true false true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 21 0 true 57 true false false false false false false false false false false X 3 3 false false false false false false false true true false false true true true true true true true true false NY X X TOMAS DEL RIO 7182991100 1776 CLAY AVE BRONX NY 10457 MILAGROS BAEZ O'TOOLE 1.0 X X 0 0 0 CARMEN VILLA-LUGO ESQ 1.0 X X 0 0 0 EDUARDO ALAYON 1.0 X X 0 0 0 TOMAS DEL RIO 0.0 35.0 X 0 308464 30338 RAUL RUSSI 0.0 35.0 X 0 542838 19766 PAMELA MATTEL 0.0 35.0 X 0 307152 29491 HON HECTOR DIAZ 0.0 35.0 X 0 240628 9817 DR SAROJ BAKSHI 0.0 35.0 X 0 196374 17817 Roberto Velez 0.0 35.0 X 0 177421 30699 RALPH DECLET 0.0 35.0 X 0 204608 25823 ADRIENNE ROSELL 0.0 35.0 X 0 198352 29194 DAVID COLLYMORE 0.0 35.0 X 0 200162 0 0 2375999 192945 0 false true false 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 4 0 SUPERVISORY FEES 561000 6007294 6007294 6007294 0 0 0 0 0 0 0 0 0 0 BAD DEBT RECOVERY 900099 664993 664993 664993 6672287 6672287 0 0 0 0 0 0 5845930 5845930 0 0 0 0 0 0 0 0 0 0 0 0 0 0 161364 161364 0 0 0 0 0 0 0 6007294 6007294 0 0 1064390 829292 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 272198 1159221 1336588 1988513 2353997 2340929 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2353997 2340929 X -1017409 -352416 0 0 0 0 -1017409 -352416 1336588 1988513 664993 X false true X true false X X X false false false PROMESA INC 132663328 09 false true true 2371918 PROMESA RESIDENTIAL HEALTH CARE FACILITY INC 133676681 04 false true true 1387842 PROMESA FOUNDATION INC 133411787 09 false true true 226736 PROMESA HOUSING DEVELOPMENT FUND CORPORATION INC 133608906 09 false true true 421634 ACACIA NETWORK HOUSING INC 260076866 07 false true true 951638 JULIO MARTINEZ MEMORIAL FUND 810623501 07 false true true 81730 EAST HARLEM COUNCIL FOR COMMUNITY IMPROVEMENT INC 132969933 07 false true true 565796 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 16 6007294 DUE FROM AFFILIATES - NET 1159221 1159221 0 0 6672287 6672287 6672287 6007294 6007294 6007294 FIN 48 FOOTNOTE Schedule D, Part X, Line 2 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. X X X false false false false false false false true false TOMAS DEL RIO 0 230760 0 50000 0 27704 0 12223 0 18115 0 338802 0 0 RAUL RUSSI 0 393615 0 139783 0 9440 0 15766 0 4000 0 562604 0 0 PAMELA MATTEL 0 249273 0 50000 0 7879 0 10361 0 19130 0 336643 0 0 HON HECTOR DIAZ 0 164574 0 66480 0 9574 0 9305 0 512 0 250445 0 0 DR SAROJ BAKSHI 0 192666 0 0 0 3708 0 9627 0 8190 0 214191 0 0 Roberto Velez 0 166992 0 10000 0 429 0 8705 0 21994 0 208120 0 0 RALPH DECLET 0 179486 0 18000 0 7122 0 9702 0 16121 0 230431 0 0 ADRIENNE ROSELL 0 198082 0 0 0 270 0 9657 0 19537 0 227546 0 0 DAVID COLLYMORE 0 200000 0 0 0 162 0 0 0 0 0 200162 0 0 Schedule J, Line 7 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. 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. 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 PROMESA ENTERPRISES 300 EAST 175th STREET BRONX NY 10457 133819522 Housing NY Acacia C-CORP false false false false false false false false false false false false false false false false true false false