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Nonprofit · EIN 13-2987263

INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC

Tax-exempt · BRONX, NY 10457

Financials

$5.5M$6.3M2022$6M$5.9M2023$5.7M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,684,400$5,862,345-$177,945$2,921,496$5,545,891-$2,624,395
June 30, 2024990$6,012,386$5,905,183$107,203$2,968,957$5,415,407-$2,446,450
June 30, 2023990$5,515,656$6,281,434-$765,778$2,787,527$5,341,180-$2,553,653
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,446,477
of which government grants
$5,281,079
Program service revenue
$237,923
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,699,118
Salaries, compensation and benefits (total)
$3,366,030
Professional fundraising fees
$0
Travel
$81,308
Depreciation
$31,155
Program services (functional)
$4,977,663
Management and general (functional)
$884,682

Balance sheet and other

Total assets, start of year
$2,968,957
Total assets, end of year
$2,921,496
Total liabilities, end of year
$5,545,891
Net assets, end of year
-$2,624,395
Land, buildings and equipment
$101,666
Net assets without donor restrictions
-$2,624,395
Gross receipts
$5,684,400
Employees
82
Year formed
1978
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAUL RUSSIPRESIDENT
Officer
40$0$896,597$101,830
LYMARIS ALBORSCHIEF EXEC.
Officer
40$0$836,684$56,068
JOSE R RODRIGUEZCHIEF LEGAL
Officer
40$0$562,331$30,262
VICKY GATELLCHIEF FINAN
Officer
40$0$442,213$46,781
ANGEL AUDIFFREDVICE CHAIR
Trustee or director, Officer
2$0$0$0
HENRY COMASCHAIR
Trustee or director, Officer
2$0$0$0
DEBORAH QUINONESMEMBER
Trustee or director
2$0$0$0
WILFRED RENTATREASURER
Trustee or director, Officer
2$0$0$0
ANTHONY RIVERASECRETARY
Trustee or director
2$0$0$0
MARIA DEL CARMEN ARROYCHIEF ADMINI
Officer
–$0$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAUL RUSSIPRESIDENT
Officer
–$0$909,372$70,634
LYMARIS ALBORSCHIEF EXEC.
Officer
–$0$803,886$39,079
JOSE R RODRIGUEZCHIEF LEGAL
Officer
–$0$602,553$37,084
VICKY GATELLCHIEF FINAN
Officer
–$0$454,869$42,707
ANGEL AUDIFFREDVICE CHAIR
Trustee or director, Officer
2$0$0$0
ANGEL CRUZ ESQMEMBER
Trustee or director
2$0$0$0
KALEB H SANCHEZ ESQCHAIR
Trustee or director
2$0$0$0
DEBORAH QUINONESMEMBER
Trustee or director
2$0$0$0
WILFRED RENTATREASURER
Trustee or director, Officer
2$0$0$0
ANTHONY RIVERASECRETARY
Trustee or director
2$0$0$0
MARIA DEL CARMEN ARROYCHEIF ADMINI
Officer
–$0$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAUL RUSSIPRESIDENT
Officer
1$0$861,432$66,912
LYMARIS ALBORSCEO
Officer
–$0$748,860$35,449
JOSE R RODRIGUEZCLO
Officer
–$0$560,176$39,706
VICKY GATELLCFO
Officer
–$0$432,484$39,706
MARIA DEL CARMEN ARROYCHEIF ADMINI
Officer
–$0$414,259$39,706
ANGEL AUDIFFREDSECRETARY
Trustee or director, Officer
2$0$0$0
ANGEL CRUZ ESQMEMBER
Trustee or director
2$0$0$0
KALEB H SANCHEZ ESQCHAIR
Trustee or director
2$0$0$0
DEBORAH QUINONESMEMBER
Trustee or director
2$0$0$0
WILFRED RENTATREASURER
Trustee or director, Officer
2$0$0$0
ANTHONY RIVERAMEMBER
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
311 E 175TH ST, BRONX, NY 10457-5859
Principal officer (990 for 2024)
RAUL RUSSI
Signed the 990
RAUL RUSSI, PRESIDENT
Phone
(347) 649-3083
Return prepared by
VARGAS & RIVERA CPA'S LLP

Mission

SOCIAL SERVICES AGENCY TARGETING PRIMARILY THE HISPANIC/MINORITY ELDERLY. THE AGENCY IS MULTI SERVICE AND MULTICULTURAL SERVICE.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION OPERATES OLDER ADULT CENTERS THAT PROVIDES SERVICES AND PROGRAMS TO OVER 1000 PARTICIPANTS IN THE NYC BOROUGHS OF MANHATTAN, QUEENS AND THE BRONX. PARTICIPANTS ENROLLED THE OLDER ADULTS CENTERS BENEFIT FROM A VARIETY OF SERVICES AND RESOURCES INCLUDING WELLNESS CHECKS, DAILY MEALS, AND RECREATIONAL ACTIVITIES AND THEY GAIN VALUABLE KNOWLEDGE AND SKILLS THROUGH WORKSHOPS AND CLASSES ON A VARIETY OF TOPICS. THE PROGRAMS ALSO OFFERS BILINGUAL, CULTURALLY RESPONSIVE SOCIAL SERVICES, ADVOCACY, INFORMATION, AND COUNSELING IN A WELCOMING AND FRIENDLY ENVIRONMENT.
    Expenses $4,977,663

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-2987263
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P810)
Assets (IRS master file)
$2,921,496
Income (IRS master file)
$5,684,400

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,684,400$5,862,345$2,921,496IRS
990June 2024$6,012,386$5,905,183$2,968,957IRS
990June 2023$5,515,656$6,281,434$2,787,527XML
990June 2022$4,333,867$4,453,008$3,005,158IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2987263).

Questions about INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC

What is the EIN of INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC?
The employer identification number (EIN) of INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC is 13-2987263.
Is INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC?
The 990 for the year ended June 30, 2025 names RAUL RUSSI.
Who are the officers and directors of INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does INSTITUTE FOR THE PUERTO RICAN HISPANIC ELDERLY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,684,400, expenses of $5,862,345 and total assets of $2,921,496 at year end.

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