Overview
What is Cooperativa De Ahorro Y Credito San Rafael De Que?
Cooperativa De Ahorro Y Credito San Rafael De Que is a nonprofit organization located in Quebrillas, Puerto Rico. With a primary focus on financial services, it primarily caters to the low-income sector of the region. The cooperative offers savings, loans, and financing services, aiming to promote saving among its members. Besides its financial services, this credit union also invests in the community by providing financial aid. According to the provided data, the cooperative has around 64 employees and reported an interest income and other income of $11,862,672, while its total expenses were $8,492,097.
Official website here: www.sanrafael.coop
Is Cooperativa De Ahorro Y Credito San Rafael De Que legitimate?
Cooperativa De Ahorro Y Credito San Rafael De Que is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa De Ahorro Y Credito San Rafael De Que 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: $246,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,503,880
For more financial information, click here
Official website here: www.sanrafael.coop
What is the mission statement of Cooperativa De Ahorro Y Credito San Rafael De Que?
The mission of Cooperativa De Ahorro Y Credito San Rafael De Que is centered around providing financial services to the low-income sector. This includes offering loans, savings, and accounts. Additionally, the credit union makes a social investment in the community. Their primary objective is to promote saving among its members by encouraging the deposit of savings and providing financing services.
Official website here: www.sanrafael.coop
Who is the CEO of Cooperativa De Ahorro Y Credito San Rafael De Que?
Sara Jimenez is the Presidente Ejecutiva of Cooperativa De Ahorro Y Credito San Rafael De Que.
Official website here: www.sanrafael.coop
What is the revenue of Cooperativa De Ahorro Y Credito San Rafael De Que?
Cooperativa De Ahorro Y Credito San Rafael De Que's revenue in 2022 was $11,862,672.
Official website here: www.sanrafael.coop
Who are the executives of Cooperativa De Ahorro Y Credito San Rafael De Que and what are their salaries?
The average compensation at Cooperativa De Ahorro Y Credito San Rafael De Que during 2022 was $27,343. There are 64 employees at Cooperativa De Ahorro Y Credito San Rafael De Que.
Here are 3 key members and their salaries:
- Compensation: $116,089
- Related: $0
- Other: $0
- Compensation: $69,556
- Related: $0
- Other: $0
- Compensation: $60,414
- Related: $0
- Other: $0
Official website here: www.sanrafael.coop
Where can I find the form 990 for Cooperativa De Ahorro Y Credito San Rafael De Que?
Cooperativa De Ahorro Y Credito San Rafael De Que's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanrafael.coop
Learn more at the official website: www.sanrafael.coop
Mission Statement of Cooperativa De Ahorro Y Credito San Rafael De Que
Cooperativa de Ahorro y Crédito San Rafael de Que, a credit union, is dedicated to serving the low-income sector of Puerto Rico. Its primary mission is to promote savings among its members by offering financial services in the form of loans and savings accounts. This nonprofit organization goes beyond its financial services, making a significant social investment in the community. By providing these financial services, Cooperativa de Ahorro y Crédito San Rafael de Que aims to contribute positively to the economic well-being of its members. The interest income and other revenue generated by the credit union in 2021 amounted to $11,862,672, while its total expenses for the same period were $8,492,097. This financial data suggests that the credit union is effectively managing its resources to serve its members and the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cooperativa De Ahorro Y Credito San Rafael De Que plays a significant role in enhancing the financial stability and economic empowerment of low-income individuals in Puerto Rico. By offering financial services such as loans, savings accounts, and other financial products, the organization enables its members to access crucial resources that might otherwise be unavailable to them.
With an interest income of $11,862,672 and total expenses amounting to $8,492,097, the cooperative efficiently manages its operations while prioritizing the financial health of its community. Its focus on promoting savings among members fosters a culture of financial responsibility and accessibility, helping individuals build their financial futures.
Beyond financial services, the cooperative invests in social initiatives that benefit the local community, furthering its impact on the social and economic landscape of Quebradillas. By championing financial literacy and responsible borrowing practices, Cooperativa De Ahorro Y Credito San Rafael De Que not only contributes to individual financial well-being but also enhances the overall economic vitality of the region.
This information is meant to be a general summary of Cooperativa De Ahorro Y Credito San Rafael De Que. 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 2022.
- Investment Income: $10,235,564
- Gross Receipts: $11,862,672
Assets and Liabilities:
- Total Assets: $218,574,543
- Total Liabilities: $164,549,063
- Net Assets: $54,025,480
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1957
Phone
(787) 895-2050Principal Officer
Sara Jimenez
Main Address
PO BOX 1531, QUEBRADILLAS, PR, 00678
Website
www.sanrafael.coopNTEE Category
Code: W60 - Public benefit
If you are a representative of Cooperativa De Ahorro Y Credito San Rafael De Que 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.