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)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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 tax deductible.


Heare 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?

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.

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 Jose plays a significant role in enhancing the financial well-being of its members and the community in Aibonito, Puerto Rico. As a cooperative financial institution, it fosters a culture of saving and provides accessible financing options that are crucial for individual and community growth.

By accepting deposits and shares, it encourages members to save, which helps build a sense of financial security and discipline. The affordability and accessibility of its loan products, including personal, mortgage, and automobile loans, allow members to meet their essential needs, purchase homes, and invest in personal development. This not only improves their quality of life but also stimulates local economic activity.

Additionally, the cooperative model promotes a strong sense of community and mutual support among its members. By prioritizing the needs of its member-owners, Cooperativa De Ahorro Y Credito San Jose cultivates trust and participation, ultimately contributing to the economic empowerment of individuals and families in Aibonito and surrounding areas.

Through these efforts, the organization significantly impacts financial literacy and economic resilience within the community, making it a vital resource for those seeking to achieve their financial goals.




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.


Financials

This financial information is from Propublica.

Revenue
$15,562,374 (2022)
Expenses
$11,470,820 (2022)
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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

If you are a representative of Cooperativa De Ahorro Y Credito San Jose 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.