Overview
What is Cooperativa Ahorro Y Credito Manati?
Cooperativa Ahorro Y Credito Manati is a Puerto Rican cooperative based in Manati. During the last fiscal year, they successfully acquired savings deposits from their members, acting as a cooperative in line with their philosophy. These deposits enable them to provide affordable financing alternatives to the community through loans and offer accessible technology for checking, saving, and credit products. With a workforce of 88 employees, their mission remains committed to obtaining savings deposits and delivering financing resources to their members.
Official website here: www.coopmanati.com
Is Cooperativa Ahorro Y Credito Manati legitimate?
Cooperativa Ahorro Y Credito Manati is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa Ahorro Y Credito Manati 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: $295,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,160,007
For more financial information, click here
Official website here: www.coopmanati.com
What is the mission statement of Cooperativa Ahorro Y Credito Manati?
Cooperativa Ahorro Y Credito Manati's mission is centered around obtaining savings deposits from its members and using them to provide financing sources in accordance with the cooperative movement philosophy. During the fiscal year ended December 31, 2022, the institution successfully acquired deposits from its members and offered them, as well as the community, alternative financing options through affordable term loans. Additionally, Cooperativa Ahorro Y Credito Manati strives to make technology accessible for managing personal finances by providing checking, saving, and credit products.
Official website here: www.coopmanati.com
Who is the CEO of Cooperativa Ahorro Y Credito Manati?
Candido Rivera is the Board Treasu of Cooperativa Ahorro Y Credito Manati.
Official website here: www.coopmanati.com
What is the revenue of Cooperativa Ahorro Y Credito Manati?
Cooperativa Ahorro Y Credito Manati's revenue in 2022 was $12,946,475.
Official website here: www.coopmanati.com
Who are the executives of Cooperativa Ahorro Y Credito Manati and what are their salaries?
The average compensation at Cooperativa Ahorro Y Credito Manati during 2022 was $27,898. There are 88 employees at Cooperativa Ahorro Y Credito Manati.
Here are 12 key members and their salaries:
- Candido Rivera (Executive Pr)
- Anderson Martinez (Controller)
- Anibal Delgado (Board Secret) [Trustee/Director]
- Doris Class Nieves (Board Of Dir) [Trustee/Director]
- Angel Nogueras (Board Of Dir) [Trustee/Director]
- Carmen Soto (Board Of Dir) [Trustee/Director]
- Heriberto Martinez Gonzalez (Board Of Dir) [Trustee/Director]
- Maria Freytes Colon (Board Of Dir) [Trustee/Director]
- Ricardo Alvarez (Board Treasu) [Trustee/Director]
- Carlos Colon (Board Of Dir) [Trustee/Director]
- Hector Aulet Mejias (Board Of Dir) [Trustee/Director]
- Joel Rolon Alindato (Board Of Dir) [Trustee/Director]
Official website here: www.coopmanati.com
Where can I find the form 990 for Cooperativa Ahorro Y Credito Manati?
The Cooperativa Ahorro Y Credito Manati’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.coopmanati.com
Learn more at the official website: www.coopmanati.com
Mission Statement of Cooperativa Ahorro Y Credito Manati
Cooperativa Ahorro Y Credito Manati, a leading cooperative, is dedicated to acquiring savings deposits from its members as shares and deposits. With a strong commitment to the cooperative movement philosophy, this institution provides financing sources to its members and the community. During the fiscal year ending on December 31, 2022, Cooperativa Ahorro Y Credito Manati successfully obtained deposits from its members and continued to offer them, as well as the community, accessible financing alternatives with affordable terms.
The cooperative not only provides essential financial services, but it also extends its reach to offer technology-driven checking, saving, and credit products. By doing so, Cooperativa Ahorro Y Credito Manati empowers its members to effectively manage their personal finances. The institution's unwavering focus on cooperative principles enables it to make a significant impact in the financial lives of its members.
Impact
This information is meant to be a general summary of Cooperativa Ahorro Y Credito Manati. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cooperativa Ahorro Y Credito Manati's impact lies in its mission to provide its members and the community with accessible financing sources through savings deposits and affordable loans. By offering technological advancements in banking services such as checking, savings, and credit products, the institution empowers individuals to manage their personal finances effectively. This initiative contributes to financial inclusion and promotes economic stability within the community of Manati, 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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERS' LOANS INTEREST
Revenue
$9,329,756
Organization Details
Phone
(787) 854-2214
Principal Officer
Candido Rivera
Main Address
PO BOX 30562, MANATI, PR, 00674
Website
www.coopmanati.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Cooperativa Ahorro Y Credito Manati 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.