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Cooperativa Ac La Sagrada Familia

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

EIN: 660269897 ✦ Corozal, PR ✦ Designated as a 501(c)(14)

Overview

What is Cooperativa Ac La Sagrada Familia?

Cooperativa Ac La Sagrada Familia is a nonprofit cooperative based in Corozal, Puerto Rico. During the fiscal year ending December 31, 2022, the institution accepted deposits from members and continued to provide them with financing alternatives through affordable loans and accessible technology for checking, saving, and credit products. Their mission is to enhance the quality of life of their members by promoting effective values, financial sources, and the cooperative movement philosophy. They employ 74 individuals.


Official website here: www.sagradacoop.com

Is Cooperativa Ac La Sagrada Familia legitimate?

Cooperativa Ac La Sagrada Familia is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa Ac La Sagrada Familia 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: $256,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,641,212

For more financial information, click here


Official website here: www.sagradacoop.com

What is the mission statement of Cooperativa Ac La Sagrada Familia?

The cooperative, known as Cooperativa Ac La Sagrada Familia, strives to enhance the quality of life for its members. It achieves this goal by advocating for effective values and financial resources, as well as fostering the cooperative movement philosophy. During the fiscal year ending December 31, 2022, the institution acquired deposits from members and provided them with financing alternatives through affordable loans. Moreover, the cooperative offers accessible technology for checking, saving, and credit products, allowing members to manage their personal finances effectively.


Official website here: www.sagradacoop.com

Who is the CEO of Cooperativa Ac La Sagrada Familia?

Eddie Alicea is the Director of Cooperativa Ac La Sagrada Familia.


Official website here: www.sagradacoop.com

What is the revenue of Cooperativa Ac La Sagrada Familia?

Cooperativa Ac La Sagrada Familia's revenue in 2022 was $13,502,561.


Official website here: www.sagradacoop.com

Who are the executives of Cooperativa Ac La Sagrada Familia and what are their salaries?

The average compensation at Cooperativa Ac La Sagrada Familia during 2022 was $25,650. There are 74 employees at Cooperativa Ac La Sagrada Familia.

Here are 12 key members and their salaries:

    Eddie Alicea (President)
  • Compensation: $135,199
  • Related: $0
  • Other: $0

    • Hector J Motta Berrios (Dir Of Opera)
  • Compensation: $56,223
  • Related: $0
  • Other: $0

    • Angel Negron (Financial Di)
  • Compensation: $55,555
  • Related: $0
  • Other: $0

    • Julia Alicea Gonzalez (Board Presid) [Trustee/Director]
  • Compensation: $1,685
  • Related: $0
  • Other: $0

    • Giana B Garcia Jimenez (Secretary Of) [Trustee/Director]
  • Compensation: $1,515
  • Related: $0
  • Other: $0

    • Israel Caldero Perez (Director)
  • Compensation: $1,340
  • Related: $0
  • Other: $0

    • Donel Cosme Diaz (Board Vice P) [Trustee/Director]
  • Compensation: $1,140
  • Related: $0
  • Other: $0

    • Nimia Perez Vazquez (Board Of Dir) [Trustee/Director]
  • Compensation: $1,130
  • Related: $0
  • Other: $0

    • Manuel Colon Santos (Director)
  • Compensation: $1,005
  • Related: $0
  • Other: $0

    • Fernando Colon Santos (Director)
  • Compensation: $850
  • Related: $0
  • Other: $0

    • Miguel A Roura Ruiz (Board Of Dir) [Trustee/Director]
  • Compensation: $720
  • Related: $0
  • Other: $0

    • Carlos Figueroa Marzan (Sub Secretar) [Trustee/Director]
  • Compensation: $530
  • Related: $0
  • Other: $0


  • Official website here: www.sagradacoop.com

    Where can I find the form 990 for Cooperativa Ac La Sagrada Familia?

    The Cooperativa Ac La Sagrada Familia’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sagradacoop.com

    Learn more at the official website: www.sagradacoop.com

    Mission Statement of Cooperativa Ac La Sagrada Familia

    Cooperativa Ac La Sagrada Familia, a forward-thinking cooperative, is committed to enhancing the lives of its members. By championing effective values and financial resources, it fosters a stronger cooperative movement philosophy. The institution's core mission is to uplift its members, enabling them to manage their finances more efficiently.

    During the previous fiscal year, Cooperativa Ac La Sagrada Familia succeeded in attracting substantial deposits from its members. In return, the cooperative continued to provide them with accessible financing alternatives, offering loans at reasonable terms. This financial assistance empowers the members to build a solid foundation for their future. Furthermore, the cooperative extends access to advanced technology for checking, saving, and credit products, ensuring its members can effectively manage their personal finances. By doing so, Cooperativa Ac La Sagrada Familia plays a pivotal role in promoting financial literacy and stability among its members.

    Impact

    This information is meant to be a general summary of Cooperativa Ac La Sagrada Familia. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cooperativa Ac La Sagrada Familia's impact is evident in how they have empowered their members in Corozal, Puerto Rico, to improve their quality of life through access to financial resources and the cooperative movement philosophy. By providing affordable loans and technology-based financial products, the cooperative has enabled individuals to manage their personal finances effectively. In doing so, Cooperativa Ac La Sagrada Familia has contributed to the economic development and well-being of both its members and the community at large.





    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: $1,496,890
  • Program Service Revenue: $8,339,899
  • Gross Receipts: $13,502,561

    • Assets and Liabilities:
  • Total Assets: $276,590,884
  • Total Liabilities: $146,230,835
  • Net Assets: $130,360,049
  • Programs

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

    MEMBERS'LOANS INTERESTS

    Revenue

    $8,339,899

    Organization Details

    Founding Year

    1961

    Principal Officer

    Eddie Alicea

    Main Address

    PO BOX 102, COROZAL, PR, 00786

    NTEE Category

    Code: W610 - Public benefit

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