Overview
What is Cooperativa De Ahorro Y Credito Vega Alta?
Cooperativa De Ahorro Y Credito Vega Alta is a Puerto Rican non-profit organization primarily dedicated to collecting savings from its members through share contributions. Acting as a savings and credit union, the cooperative generates income from interest and various sources, amassing a total of $21,743,565. With total expenses amounting to $18,855,071, the cooperative effectively operates within its means. Based in Puerto Rico, Cooperativa De Ahorro Y Credito Vega Alta functions as a financial institution catering to its local community.
Official website here: www.vegacooppr.com
Is Cooperativa De Ahorro Y Credito Vega Alta legitimate?
Cooperativa De Ahorro Y Credito Vega Alta is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa De Ahorro Y Credito Vega Alta submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $600,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,443,125
For more financial information, click here
Official website here: www.vegacooppr.com
What is the mission statement of Cooperativa De Ahorro Y Credito Vega Alta?
Cooperativa De Ahorro Y Credito Vega Alta functions as a non-profit organization, primarily focused on collecting savings from its members in the form of shares. This cooperative operates as a savings and credit union. Its operations yield significant income, totaling $21,743,565, which includes interest income and other earnings. The cooperative also manages expenses amounting to $18,855,071. The mission of Cooperativa De Ahorro Y Credito Vega Alta is centered around managing savings and providing financial services to its members.
Official website here: www.vegacooppr.com
Who is the CEO of Cooperativa De Ahorro Y Credito Vega Alta?
Ruben Morales is the President of Cooperativa De Ahorro Y Credito Vega Alta.
Official website here: www.vegacooppr.com
What is the revenue of Cooperativa De Ahorro Y Credito Vega Alta?
Cooperativa De Ahorro Y Credito Vega Alta's revenue in 2022 was $13,579,909.
Official website here: www.vegacooppr.com
Who are the executives of Cooperativa De Ahorro Y Credito Vega Alta and what are their salaries?
The average compensation at Cooperativa De Ahorro Y Credito Vega Alta during 2022 was $34,195. There are 89 employees at Cooperativa De Ahorro Y Credito Vega Alta.
Here are 3 key members and their salaries:
- Ruben Morales (President)
- Victor Torres (Vice President Information Systems)
- Nancy Colon (Vice President Administration)
Official website here: www.vegacooppr.com
Where can I find the form 990 for Cooperativa De Ahorro Y Credito Vega Alta?
The Cooperativa De Ahorro Y Credito Vega Alta’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.vegacooppr.com
Learn more at the official website: www.vegacooppr.com
Mission Statement of Cooperativa De Ahorro Y Credito Vega Alta
Cooperativa de Ahorro y Credito Vega Alta, a prominent non-profit organization, is primarily committed to collecting savings from its members in the form of shares. The cooperative functions as a savings and credit union, generating income from interest and various other sources, amounting to $21,743,565. Concurrently, its total expenses stand at $18,855,071. This organization has a mission to provide financial services to its members, fostering sustainable economic growth within its community. By encouraging members to save and offering credit when needed, Cooperativa de Ahorro y Credito Vega Alta empowers individuals to improve their financial well-being and build a more stable future. The cooperative's focus on savings and credit is instrumental in making financial resources accessible to its members, enabling them to meet their financial goals and overcome short-term financial challenges.
Impact
This information is meant to be a general summary of Cooperativa De Ahorro Y Credito Vega Alta. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cooperativa De Ahorro Y Credito Vega Alta's impact is primarily focused on providing a platform for its members to save and access credit services. By receiving savings in the form of shares, the cooperative enables its members to build financial stability and gain access to much-needed financial resources. Through its activities, Cooperativa De Ahorro Y Credito Vega Alta contributes to the economic development and well-being of its members and the community it serves in Puerto Rico.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1953
Phone
(787) 883-4360
Principal Officer
Ruben Morales
Website
www.vegacooppr.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Cooperativa De Ahorro Y Credito Vega Alta and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.