Mission
PROMESA ADMINISTRATIVE SERVICES ORGANIZATION, INC., ESTABLISHED AS A NOT-FOR-PROFIT, PROVIDES ALL SUPERVISORY/ADMIN SERVICES FOR EACH OF THE ACACIA NETWORK ENTITIES.
Public Charity
Promesa Administrative Services Organization Inc
Promesa Administrative Services Organization Inc is a nonprofit organization categorized as Public Charity based in Bronx, NY. Its most recent IRS filing (2024) reports revenue of $12.4M, expenses of $12.6M, total assets of $15.2M.
EIN: 133653276
Bronx, NY
Management & Technical Assistance
NTEE: P02
Latest filing: 2024
Total Revenue$12.4M
Total Expenses$12.6M
Total Assets$15.2M
Grant Records0
Filing Years2019–2024
Where $100 goes at Promesa Administrative Services Organization Inc
How Promesa Administrative Services Organization Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Promesa Administrative Services Organization, inc., Established as a not-for profit, provides all supervisory/admin services for each of the acacia network entities
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CHAIR
Carmen J Villa-Lugo Esq
BOARD MEMBER
Carmen S Melero
CMO/SENIOR VP CLINICAL AFFAIRS
David Collymore
DIRECTOR OF PROCUREMENT
Edith M Turnbull
BOARD MEMBER
Elizer Rodrigues Esq
DIRECTOR OF HUMAN RESOURCES
Erik Alicea
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $12.4M | $12.6M | $15.2M |
| 2023 | $12.3M | $12.3M | $12.5M |
| 2022 | $11.7M | $11.5M | $11.0M |
| 2020 | $10.6M | $10.7M | $7.1M |
| 2019 | $10.9M | $10.9M | $5.9M |
Between 2019 and 2024, reported annual revenue grew from $10.9M to $12.4M (+14%), with total assets most recently reported at $15.2M.
Interactive year-over-year charts and full filing details available with membership.