Cooperativa De Ahorro Y Credito San Jose

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 660231533 ✦ Aibonito, PR ✦ Designated as a 501(c)(14)

Overview

What is Cooperativa De Ahorro Y Credito San Jose?

Cooperativa de Ahorro Y Credito San Jose is a non-profit financial cooperative based in Aibonito, Puerto Rico. Established under the Commonwealth of Puerto Rico, this organization functions as a savings and loan association, accepting deposits and shares from its members while offering various types of loans including personal, mortgage, automobile, and others. The primary mission of the cooperative is to make accessible affordable savings and credit to its members.


Official website here: www.coopsanjose.com/

Is Cooperativa De Ahorro Y Credito San Jose legitimate?

Cooperativa De Ahorro Y Credito San Jose is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa De Ahorro Y Credito San Jose 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: $1,097,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,691,850

For more financial information, click here


Official website here: www.coopsanjose.com/

What is the mission statement of Cooperativa De Ahorro Y Credito San Jose?

Cooperativa De Ahorro Y Credito San Jose is a non-profit financial institution designed to make affordable savings and credit accessible to its members. Established under the Commonwealth of Puerto Rico, the cooperative functions as a loan and savings association, allowing individuals to deposit and share their savings while accessing various types of loans, including personal, mortgage, automobile, and others. The organization's primary objective is to provide financial services to its members, contributing to their financial well-being and stability.


Official website here: www.coopsanjose.com/

Who is the CEO of Cooperativa De Ahorro Y Credito San Jose?

Fernando L Figueroa Rivera is the Ceo of Cooperativa De Ahorro Y Credito San Jose. The CEO's salary of Cooperativa De Ahorro Y Credito San Jose is $176,956 and their total compensation is $176,956.


Official website here: www.coopsanjose.com/

What is the revenue of Cooperativa De Ahorro Y Credito San Jose?

Cooperativa De Ahorro Y Credito San Jose's revenue in 2022 was $15,562,374.


Official website here: www.coopsanjose.com/

Who are the executives of Cooperativa De Ahorro Y Credito San Jose and what are their salaries?

The average compensation at Cooperativa De Ahorro Y Credito San Jose during 2022 was $38,736. There are 72 employees at Cooperativa De Ahorro Y Credito San Jose.

Here are 28 key members and their salaries (Cooperativa De Ahorro Y Credito San Jose's CEO's salary is $176,956 and their total compensation is $176,956):

    Ricky Berrios Figueroa (Ceo)
  • Compensation: $176,956
  • Related: $0
  • Other: $0

    • Yahaira Santiago Andaluz (Executive Vice-President)
  • Compensation: $92,909
  • Related: $0
  • Other: $0

    • Luz E Ortiz Rosario (Compliance Officer)
  • Compensation: $61,383
  • Related: $0
  • Other: $0

    • Fernando L Figueroa Rivera (Financial Officer)
  • Compensation: $60,559
  • Related: $0
  • Other: $0

    • Jason Caldera Torres (Manager)
  • Compensation: $55,793
  • Related: $0
  • Other: $0

    • Carlos H Rodriguez Nieves (Manager)
  • Compensation: $55,793
  • Related: $0
  • Other: $0

    • Edanise Santiago Ortiz (Manager)
  • Compensation: $55,793
  • Related: $0
  • Other: $0

    • Carmen Rosario Gonzalez (Mortgage Department Supervisor)
  • Compensation: $52,246
  • Related: $0
  • Other: $0

    • Ivette M Cartagena Rivera (Human Resources Officer)
  • Compensation: $51,237
  • Related: $0
  • Other: $0

    • Hector De Jesus Nunez (System Officer)
  • Compensation: $50,445
  • Related: $0
  • Other: $0

    • Abimael Gonzalez Rolon (System Officer)
  • Compensation: $49,051
  • Related: $0
  • Other: $0

    • Glenda I Rivera Ortiz (Operations Officer)
  • Compensation: $46,542
  • Related: $0
  • Other: $0

    • Maria V Correa Rivera (Billing Supervisor)
  • Compensation: $43,246
  • Related: $0
  • Other: $0

    • Sarid Bermudez Vazquez (Operations Officer)
  • Compensation: $41,944
  • Related: $0
  • Other: $0

    • Johanna Segarra Ortiz (Operations Officer)
  • Compensation: $41,935
  • Related: $0
  • Other: $0

    • Laurimar Berrios Rosario (Operations Officer)
  • Compensation: $41,917
  • Related: $0
  • Other: $0

    • Lino Alberto Ortiz Tapia (Register Supervisor)
  • Compensation: $41,294
  • Related: $0
  • Other: $0

    • Ana Elsa Alicea Collazo (Register Supervisor)
  • Compensation: $37,810
  • Related: $0
  • Other: $0

    • Felix X Morales Colon (Systems Officer)
  • Compensation: $24,079
  • Related: $0
  • Other: $0

    • Evelyn Quiles Rosario (Vice President Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $4,162

    • Jorge L Santos Ortiz (President Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $2,734

    • Rafael Santos Balibrea (Treasurer Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $2,484

    • Edgardo Rodriguez Morales (Sub Secretary Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $2,190

    • Angel A Ramos Aponte (Sub Treasurer Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $2,035

    • Reinaldo Vidal Lopez (Vice President Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $1,224

    • Esther Colon Roche (Secretary Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $700

    • Zoraida Santos Reyes (Director Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $510

    • Carlos G Vazquez Cartagena (Director Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $150


  • Official website here: www.coopsanjose.com/

    Where can I find the form 990 for Cooperativa De Ahorro Y Credito San Jose?

    The Cooperativa De Ahorro Y Credito San Jose’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.coopsanjose.com/

    Learn more at the official website: www.coopsanjose.com/

    Mission Statement of Cooperativa De Ahorro Y Credito San Jose

    Cooperativa de Ahorro y Credito San Jose, a non-profit financial institution based in Puerto Rico, is dedicated to making affordable savings and credit available to its members. As a cooperative loan and savings association, the organization receives deposits and shares from its members, which it then utilizes to provide various types of loans, including personal, mortgage, and automobile loans.

    The mission of Cooperativa de Ahorro y Credito San Jose is to act as a financial institution that caters to its members' financial needs. By operating under the umbrella of a cooperative, the organization is able to offer competitive savings and credit options that cater to the unique financial circumstances of its members. Through its lending services, the cooperative aims to help individuals and families access the funding they need to meet their financial goals, whether it be for personal expenses or larger purchases such as homes or vehicles.

    Additionally, Cooperativa de Ahorro y Credito San Jose is committed to providing essential financial services to its members. Its role as a non-profit organization sets it apart from traditional financial institutions, as it prioritizes the wellbeing of its members above profit. By offering affordable savings and credit options, the cooperative empowers its members to take control of their financial futures and build a better life for themselves and their families.

    Impact

    This information is meant to be a general summary of Cooperativa De Ahorro Y Credito San Jose. 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 San Jose's impact can be seen in its mission to provide affordable savings and credit to its members in Aibonito, Puerto Rico. By operating as a cooperative loan and savings association, the organization helps individuals access financing sources such as personal, mortgage, automobile, and other loans. This plays a crucial role in supporting the financial well-being and economic development of the community it serves. Through its activities, Cooperativa De Ahorro Y Credito San Jose contributes to promoting financial inclusion and stability in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,125,251
  • Program Service Revenue: $10,216,193
  • Gross Receipts: $15,562,374

    • Assets and Liabilities:
  • Total Assets: $271,976,055
  • Total Liabilities: $195,909,025
  • Net Assets: $76,067,030
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENUE

    Revenue

    $10,216,193

    Organization Details

    Founding Year

    1957

    Principal Officer

    Fernando L Figueroa Rivera

    Main Address

    CALLE DEGETAU ESQUINA VIZCARRONDO, AIBONITO, PR, 00705

    NTEE Category

    Code: W60 - Public benefit

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