Overview
What is Cooperativa De Ahorro Y Credito De Aguada?
Cooperativa De Ahorro Y Credito De Aguada is a nonprofit organization, based in Aguada, Puerto Rico. Its primary purpose is to encourage savings among its members by offering savings deposits and various financing services, such as personal loans, mortgage loans, commercial loans, and resolving credit lines. The cooperative aims to provide these financial services at lower costs than other financial institutions, thereby acting as a reliable financial source for its partners. The cooperative's mission is to promote savings among its members through its financial offerings, ultimately contributing to financial stability within its community.
Official website here: www.coopaguada.com
Is Cooperativa De Ahorro Y Credito De Aguada legitimate?
Cooperativa De Ahorro Y Credito De Aguada is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa De Ahorro Y Credito De Aguada 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,047,139
For more financial information, click here
Official website here: www.coopaguada.com
What is the mission statement of Cooperativa De Ahorro Y Credito De Aguada?
Cooperativa De Ahorro Y Credito De Aguada's mission is centered around encouraging saving among its members. This is achieved through savings deposits and financing services. The primary objective of the cooperative is to serve as a deposit receiver from its members, offering them a more affordable financing option compared to other financial institutions. The cooperative provides various financial services, such as savings and checking accounts, personal loans, mortgage loans, commercial loans, and resolving credit lines, among others. By offering these services, Cooperativa De Ahorro Y Credito De Aguada aims to promote financial well-being among its members.
Official website here: www.coopaguada.com
Who is the CEO of Cooperativa De Ahorro Y Credito De Aguada?
Patricia E Colon is the Trustee of Cooperativa De Ahorro Y Credito De Aguada.
Official website here: www.coopaguada.com
What is the revenue of Cooperativa De Ahorro Y Credito De Aguada?
Cooperativa De Ahorro Y Credito De Aguada's revenue in 2021 was $7,181,261.
Official website here: www.coopaguada.com
Who are the executives of Cooperativa De Ahorro Y Credito De Aguada and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.coopaguada.com
Where can I find the form 990 for Cooperativa De Ahorro Y Credito De Aguada?
Cooperativa De Ahorro Y Credito De Aguada's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.coopaguada.com
Learn more at the official website: www.coopaguada.com
Mission Statement of Cooperativa De Ahorro Y Credito De Aguada
Cooperativa De Ahorro Y Credito De Aguada, as a cooperative, is dedicated to promoting savings among its members. This is achieved through the collection of savings deposits and the provision of financing services. The primary objective of the cooperative is to offer a more cost-effective source of financing compared to other financial institutions. It accomplishes this by receiving savings and stock deposits from its members and utilizing these funds to provide various financial services. These services include savings and checking accounts, personal loans, mortgage loans, commercial loans, and resolving credit lines, among others. By promoting savings and offering affordable financing options, Cooperativa De Ahorro Y Credito De Aguada aims to empower its members financially.
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Impact
October, 2024
Cooperativa De Ahorro Y Credito De Aguada significantly impacts its members and the community by promoting savings and providing accessible financing options. By encouraging members to save through deposit accounts, the cooperative fosters financial stability and encourages responsible money management.
The cooperative offers a range of financial services, including personal, mortgage, and commercial loans, often at lower rates than traditional financial institutions. This not only enhances financial inclusion but also empowers members to pursue personal and business goals without the burden of excessive debt. By offering these financial services, the cooperative supports local economic development, enabling members to invest in homes, businesses, and other essential needs.
Additionally, the cooperative's mission to promote saving and financial literacy contributes to long-term community sustainability, as it nurtures a culture of saving and economic self-sufficiency within the region. Overall, Cooperativa De Ahorro Y Credito De Aguada plays a vital role in improving the financial well-being of its members and supporting the local economy.
This information is meant to be a general summary of Cooperativa De Ahorro Y Credito De Aguada. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2021.
- Investment Income: $6,237,235
- Gross Receipts: $7,181,261
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1948
Phone
(787) 868-2115Principal Officer
Patricia E Colon
Website
www.coopaguada.comNTEE Category
Code: W60 - Public benefit
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