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Nonprofit · EIN 13-3023183

LOISAIDA INC

Tax-exempt · BRONX, NY 10457

Financials

$969K$902K2022$567K$778K2023$674K$693K2024
Revenue Expenses · by fiscal year end
Financials of LOISAIDA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$674,243$693,496-$19,253$1,562,288$1,198,352$363,936
June 30, 2024990 (amended)$567,059$778,249-$211,190$1,566,434$1,183,245$383,189
June 30, 2023990 (amended)$968,854$901,964$66,890$1,572,672$978,293$594,379
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$673,343
of which government grants
$523,982
Program service revenue
$0
Investment income
$0
Other revenue
$900

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$256,025
Salaries, compensation and benefits (total)
$318,008
Professional fundraising fees
$0
Legal fees
$79
Accounting fees
$29,162
Occupancy
$67,470
Travel
$84
Depreciation
$48,791
Program services (functional)
$528,036
Management and general (functional)
$165,460

Balance sheet and other

Total assets, start of year
$1,566,434
Total assets, end of year
$1,562,288
Total liabilities, end of year
$1,198,352
Net assets, end of year
$363,936
Land, buildings and equipment
$962,500
Net assets without donor restrictions
$363,936
Gross receipts
$719,197
Employees
5
Volunteers
6
Year formed
1979
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
1$0$896,597$101,830
LYMARIS ALBORSCHIEF EXECUTIVE OFFICER
Officer
1$0$836,684$56,068
JOSE A RODRIGUEZCHIEF LEGAL OFFICER
Officer
1$0$562,331$30,262
VICKY GATELLCHIEF FINANCIAL OFFICER
Officer
1$0$442,213$46,781
HENRY COMASCHAIR
Trustee or director, Officer
2$0$0$0
ANGEL AUDIFFREDVICE CHAIR
Trustee or director, Officer
2$0$0$0
WILFRED RENTATREASURER
Trustee or director, Officer
2$0$0$0
ANTHONY RIVERASECRETARY
Trustee or director, Officer
2$0$0$0
MARLENE PERALTABOARD MEMBER
Trustee or director
2$0$0$0
DEBORAH QUINONESBOARD MEMBER
Trustee or director
2$0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAUL RUSSIPRESIDENT
Officer
1$0$909,372$70,634
LYMARIS ALBORSCHIEF EXECUTIVE OFFICER
Officer
1$0$803,886$39,079
JOSE A RODRIGUEZCHIEF LEGAL OFFICER
Officer
1$0$602,553$37,084
VICKY GATELLCHIEF FINANCIAL OFFICER
Officer
1$0$454,869$42,707
KALEB H SANCHEZ ESQCHAIR
Trustee or director, Officer
2$0$0$0
ANGEL AUDIFFREDVICE CHAIR
Trustee or director, Officer
2$0$0$0
WILFRED RENTATREASURER
Trustee or director, Officer
2$0$0$0
ANTHONY RIVERASECRETARY
Trustee or director, Officer
2$0$0$0
MR ANGEL CRUZ ESQBOARD MEMBER
Trustee or director
2$0$0$0
DEBORAH QUINONESBOARD MEMBER
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RAUL RUSSIPRESIDENT
Officer
1$0$861,432$73,959
LYMARIS ALBORSCHIEF EXECUTIVE OFFICER
Officer
1$0$748,860$46,446
JOSE A RODRIGUEZCHIEF LEGAL OFFICER
Officer
1$0$560,176$40,861
VICKY GATELLCHIEF FINANCIAL OFFICER
Officer
1$0$432,484$41,248
Kaleb H Sanchez EsqCHAIR
Trustee or director, Officer
2$0$0$0
Angel AudiffredVICE CHAIR
Trustee or director, Officer
2$0$0$0
Wilfred RentaTREASURER
Trustee or director, Officer
2$0$0$0
Anthony RiveraSECRETARY
Trustee or director, Officer
2$0$0$0
Mr Angel Cruz EsqBOARD MEMBER
Trustee or director
2$0$0$0
Deborah QuinonesBOARD MEMBER
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
311 E 175TH ST, BRONX, NY 10457-5859
In care of
% VICKY GATELL
Principal officer (990 for 2024)
Raul Russi, 311 East 175th Street, Bronx, NY 10457
Signed the 990
Raul Russi, President & CEO
Phone
(347) 649-3234
Return prepared by
WithumSmithBrown PC

Mission

TO BUILD A CONNECTION BETWEEN COMMUNITY, LEARNERS, ARTISTS AND SCHOLARS THROUGH AFFORDABLE EDUCATION OPPORTUNITIES IN CULTURAL FIELDS, S.T.E.A.M. DESIGN AND EVERYDAY LIFE. (SEE SCHEDULE O)

990 for the year ended June 30, 2025

Program accomplishments

  • TO ADDRESS THE SERIOUS ECONOMIC AND SOCIAL DISENFRANCHISEMENT OF POOR AND LOW INCOME LATINO RESIDENTS, WITH EMPLOYMENT AND TRAINING OPPORTUNITIES, COMPREHENSIVE YOUTH DEVELOPMENT INITIATIVES. SINCE REOPENING IN 2014 ALL OUR PROGRAMS HAVE BEEN CAREFULLY CURATED AND DELIVERED BY A CORE GROUP OF HIGHLY COMMITTED EDUCATORS, ARTISTS, PHOTOGRAPHERS, DANCERS, ETC. AMONG THIS CORE GROUP OF FREELANCE INSTRUCTORS AND TEACHING ARTISTS ARE DOCTORS, RESEARCHERS AND PROFESSORS, AN AWARD WINING THEATER TROUPE, MONTESSORI-CERTIFIED TEACHERS, AMONG OTHERS. DELIVERED MORE THAN TWENTY (20) TRANS-GENERATIONAL COMMUNITY AND YOUTH EVENTS. SERVED FIVE HUNDRED (500) PEOPLE THAT ATTENDED THE CENTER. DEVELOPED TWO DISTINCT WEBSITES AND A SOLID SOCIAL MEDIA PRESENCE. REVAMPED AND EXTENDED THE LOISAIDA INC. ANNUAL FESTIVAL.THE NEW COMMUNITY CENTER FACILITY IS APPROXIMATELY 10,000 FEET ON TWO LEVELS WITHIN THE 710 EAST 9TH STREET BUILDING, WHICH ALSO HAS A RESIDENTIAL COMPONENT OF 55 UNITS OF HOUSING FOR YOUTH AGING OUT OF THE NYC FOSTER CARE SYSTEM. THE FIRST LEVEL OF THE TOTALLY ACCESSIBLE COMMUNITY CENTER SPACE HAS ITS OWN PRIVATE ENTRANCE, OFFICE SPACE, AND HOUSES THE MULTIMEDIA ARTS AND TECHNOLOGY. THE PERFORMANCE/MULTIPURPOSE SPACE, DRESSING ROOM, AND COMPLETE GALLEY KITCHEN, AS WELL AS ACCESSIBLE BATHROOM FACILITIES, AND TWO LARGE PRIVATE OPEN AIR SPACES, ARE LOCATED ON THIS LEVEL. THE SECOND GROUND FLOOR/CELLAR LEVEL, WHICH HAS ITS OWN STREET ACCESS, HOUSES ADDITIONAL OFFICE SPACE AND THE TEACHING COMMERCIAL KITCHEN, AS WELL AS THREE LARGE MULTIPURPOSE ACTIVITY ROOMS, ONE OF WHICH WILL BE A YOUTH LOUNGE AND RECREATION SPACE. THE COMMUNITY CENTER HAS ITS OWN ELEVATOR, WHICH ALLOWS FOR EASE OF USE, ACCESSIBILITY, AND TRANSPORT FROM BOTH LEVELS. EDUCATION & TRAINING CAPACITY: OUR FACILITY WAS CREATED WITH EDUCATION AND TRAINING AT THE FOREFRONT OF ITS CORE CAPABILITIES. WE HAVE ACCOMPLISHED THIS BY MIRRORING THE STANDARDS AND REQUIREMENT NEEDED TO BECOME A CERTIFIED TRAINING CENTER FOR OUR MAJOR SOFTWARE PACKAGES. BY ACCOMPLISHING THIS TASK OUR STUDENTS ARE GIVEN AN OPPORTUNITY TO LEARN A MULTITUDE OF APPLICATIONS THAT CAN FOSTER THEIR KNOWLEDGE IN THE AREAS OF MEDIA, WRITING, AND OFFICE SKILLS. ONE OF OUR CLASSROOM/LABS HAS BEEN CONFIGURED WITH SPECIFICATIONS REQUIRED TO ULTIMATELY BECOME AN APPLE AUTHORIZED TRAINING CENTER. PRODUCTION: OUR FACILITY PROVIDES AN IN-HOUSE PRODUCTION AND LIVE STUDIO/VIEWING SPACE ON SITE,AND HAS THE CAPACITY TO PROVIDE AND SUPPORT A WIDE BREATH OF REAL WORLD TOOLS IN THE FIELD OF MEDIA. IN EXPOSING OUR YOUTH TO THIS LEVEL OF CAPACITY, WE ENHANCE THEIR EMPLOYABILITY, ENTREPRENEURIAL OPPORTUNITIES, AND PROVIDE A FOUNDATION OF KNOWLEDGE FOR THEM THAT WILL BE LIFE-CHANGING.
    Expenses $528,036

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
13-3023183
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
1982
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P400)
Assets (IRS master file)
$1,562,288
Income (IRS master file)
$719,197

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$674,243$693,496$1,562,288IRS
990June 2024$567,059$778,249$1,566,434XML
990June 2023$1,247,513$870,883$1,903,412XML
990June 2022$537,891$675,012$1,355,551IRS
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 13-3023183).

Questions about LOISAIDA INC

What is the EIN of LOISAIDA INC?
The employer identification number (EIN) of LOISAIDA INC is 13-3023183.
Is LOISAIDA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to LOISAIDA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOISAIDA 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 LOISAIDA 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 LOISAIDA 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 LOISAIDA INC?
The 990 for the year ended June 30, 2025 names Raul Russi.
Who are the officers and directors of LOISAIDA INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does LOISAIDA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $674,243, expenses of $693,496 and total assets of $1,562,288 at year end.

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