Nonprofit · EIN 11-2730462
SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC
Tax-exempt · BROOKLYN, NY 11217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,816,751 | $3,795,307 | $21,444 | $2,469,087 | $1,918,551 | $550,536 |
| June 30, 2024 | 990 | $3,708,605 | $3,614,382 | $94,223 | $2,333,584 | $1,804,492 | $529,092 |
| June 30, 2023 | 990 | $3,497,237 | $3,342,551 | $154,686 | $2,481,729 | $2,046,860 | $434,869 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,764,718
- of which government grants
- $3,606,639
- Program service revenue
- $54,232
- Investment income
- $192
- Net income from fundraising events
- -$25,854
- Other revenue
- -$2,391
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $194,989
- Other salaries and wages
- $1,515,754
- Salaries, compensation and benefits (total)
- $2,117,807
- Professional fundraising fees
- $0
- Legal fees
- $2,711
- Accounting fees
- $42,953
- Occupancy
- $347,027
- Travel
- $7,609
- Depreciation
- $5,383
- Program services (functional)
- $3,327,601
- Management and general (functional)
- $467,706
Balance sheet and other
- Total assets, start of year
- $2,333,584
- Total assets, end of year
- $2,469,087
- Total liabilities, end of year
- $1,918,551
- Net assets, end of year
- $550,536
- Land, buildings and equipment
- $21,534
- Net assets without donor restrictions
- $550,536
- Gross receipts
- $3,848,755
- Employees
- 48
- Volunteers
- 100
- Year formed
- 1983
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISETTE SOSA-DICKSON | EXECUTIVE DIRECTOR Officer | 40 | $156,803 | $44,292 |
| YVONNE COTTO | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 40 | $110,742 | $15,355 |
| DAMARIS SANTIAGO | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ROSE GAYNUS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EDWIN SALAS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| YOLANDA DIAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNIE MCQUEEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISETTE SOSA-DICKSON | EXECUTIVE DIRECTOR Officer | 40 | $150,073 | $41,416 |
| YVONNE COTTO | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 40 | $102,042 | $14,893 |
| DAMARIS SANTIAGO | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ROSE GAYNUS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EDWIN SALAS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| YOLANDA DIAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNIE MCQUEEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISETTE SOSA-DICKSON | EXECUTIVE DIRECTOR Officer | 40 | $150,143 | $38,387 |
| YVONNE COTTO | ASSOCIATE DIRECTOR Highest-paid employee | 40 | $102,270 | $13,425 |
| DAMARIS SANTIAGO | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ROSE GAYNUS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EDWIN SALAS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| YOLANDA DIAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNIE MCQUEEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 460 ATLANTIC AVE, BROOKLYN, NY 11217-1704
- Principal officer (990 for 2024)
- DAMARIS SANTIAGO, 460 ATLANTIC AVENUE, BROOKLYN, NY 11217
- Signed the 990
- DAMARIS SANTIAGO, CHAIRPERSON
- Phone
- (718) 643-0232
- Website
- WWW.RAICES.US
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
RAICES' MISSION IS TO RESPOND TO THE UNMET NEEDS OF THE LATINO, AFRICAN-AMERICAN AND LOW-INCOME COMMUNITY AND SEEK TO IMPROVE THEIR QUALITY OF LIFE THROUGH ADVOCACY AND THE DIRECT PROVISION OF TARGETED SERVICES WITH WORK ACROSS THE GENERATIONS AND A PARTICULAR EMPHASIS ON THE NEEDS OF OLDER ADULTS.
Program accomplishments
- THE SPANISH SPEAKING ELDERLY COUNCIL-RAICES (RAICES) THROUGH ITS NINE (9) SENIOR CENTERS, ITS OUTPATIENT MENTAL HEALTH CLINIC AND THE RAICES ACCESS PROGRAM PROVIDES CONGREGATE BREAKFASTS, CONGREGATE LUNCH, CASE ASSISTANCE, NUTRITION EDUCATION, EDUCATIONAL AND RECREATIONAL ACTIVITIES, CELEBRATION OF CULTURAL EVENTS, HEALTH PROMOTION, OUTREACH SERVICES, BENEFIT AND ENTITLEMENT COUNSELING, MENTAL HEALTH INTERVENTION, AND OTHER SOCIAL SERVICES, TO APPROXIMATELY 2,074 HISPANIC, BLACK AND LOW INCOME PARTICIPANTS ON A YEARLY BASIS. THROUGH THESE SERVICES IN FISCAL YEAR 2025, RAICES PROVIDED 4,560 CASE ASSISTANCE AND 5,032 INFORMATION AND REFERRAL.Expenses $3,327,601 · revenue $54,232
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-2730462
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,469,087
- Income (IRS master file)
- $3,848,755
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,816,751 | $3,795,307 | $2,469,087 | XML |
| 990 | June 2024 | $3,708,605 | $3,614,382 | $2,333,584 | XML |
| 990 | June 2023 | $3,497,237 | $3,342,551 | $2,481,729 | XML |
| 990 | June 2022 | $3,320,048 | $3,217,183 | $947,855 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 11-2730462).
Questions about SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC
- What is the EIN of SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC?
- The employer identification number (EIN) of SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC is 11-2730462.
- Is SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPANISH SPEAKING ELDERLY COUNCIL - RAICES 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 SPANISH SPEAKING ELDERLY COUNCIL - RAICES 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 SPANISH SPEAKING ELDERLY COUNCIL - RAICES 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 SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC?
- The 990 for the year ended June 30, 2025 names DAMARIS SANTIAGO.
- Who are the officers and directors of SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $156,803 (LISETTE SOSA-DICKSON, EXECUTIVE DIRECTOR).
- How much revenue does SPANISH SPEAKING ELDERLY COUNCIL - RAICES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,816,751, expenses of $3,795,307 and total assets of $2,469,087 at year end.
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