Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo

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

EIN: 660266868 ✦ Coamo, 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 Cristobal Rodriguez Hidalgo?

Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo is a nonprofit organization situated in COAMO, Puerto Rico. The primary focus of this cooperative is to offer financial services, including loans and savings accounts, to its community. The organization's mission extends beyond financial services, as it also makes social investments in the local area by donating funds and contributing to community development. Notably, the cooperative's loan portfolio has seen a significant growth of 25.43%, which means it can now provide more financing options to its members, benefiting the community as a whole. With a team of 56 employees, the cooperative is actively working to improve the financial well-being of its community, primarily serving the low-income sector of Puerto Rico.


Official website here: www.crh.coop

Is Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo legitimate?

Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo 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: $443,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,140,475

For more financial information, click here


Official website here: www.crh.coop

What is the mission statement of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo?

The Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo is committed to providing financial services, primarily focusing on the low-income sector of a community. This includes offering loans, savings accounts, and other related services. Beyond its financial role, the cooperative also invests in the community socially through donations and other means. The organization's loan portfolio saw a significant increase by 25.43%, enabling the community to benefit from expanded financing options.


Official website here: www.crh.coop

Who is the CEO of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo?

Miguel Colon is the Executive President of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo.


Official website here: www.crh.coop

What is the revenue of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo?

Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo's revenue in 2022 was $7,680,274.


Official website here: www.crh.coop

Who are the executives of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo and what are their salaries?

The average compensation at Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo during 2022 was $28,289. There are 56 employees at Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo.


Here are 9 key members and their salaries:


Miguel A Colon Robles (Executive President)
  • Compensation: $101,500
  • Related: $0
  • Other: $0
Juan J Aulet Robles (Finance Accounting Vp)
  • Compensation: $59,458
  • Related: $0
  • Other: $0
Gloria I Vazquez Rivera (Vice President)
  • Compensation: $62,201
  • Related: $0
  • Other: $0
Doris Hernandez Rodriguez (Compliance Officer)
  • Compensation: $47,648
  • Related: $0
  • Other: $0
Emily Santiago Rivera (Virtual Manager)
  • Compensation: $30,705
  • Related: $0
  • Other: $0
Nelson L Reyes Figueroa (Branch Manager)
  • Compensation: $44,985
  • Related: $0
  • Other: $0
Americo Flores Colon (Branch Manager)
  • Compensation: $44,749
  • Related: $0
  • Other: $0
Jorge Rodriguez Rodriguez (Branch Manager)
  • Compensation: $27,585
  • Related: $0
  • Other: $0
Jaime Gonzalez Velazquez (Risk Manager)
  • Compensation: $24,900
  • Related: $0
  • Other: $0


Official website here: www.crh.coop

Where can I find the form 990 for Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo?

Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.crh.coop

Learn more at the official website: www.crh.coop

Mission Statement of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo

Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo, a financial institution, is committed to serving its community by offering loan and savings account services. Primarily catering to the low-income sector of Puerto Rico, the credit union extends its social responsibility beyond financial services by making contributions to the community through donations and other ventures. The organization's lending portfolio experienced a significant growth of 25.43%, enabling it to provide more financing options to its members, thereby benefiting the community as a whole.

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 Cristobal Rodriguez Hidalgo has significantly enhanced the financial landscape for the community in Coamo, Puerto Rico. By increasing its loans portfolio by 25.43%, the cooperative has expanded access to financing options for its members, primarily focusing on the low-income sector. This growth allows individuals and families to secure necessary funds for various needs, promoting economic stability and empowering members to pursue personal and business opportunities.

Additionally, the cooperative's commitment to social investment fosters a sense of community well-being. Through initiatives such as donations and support for local programs, the cooperative contributes to the overall development of Coamo, enhancing the quality of life for its residents. By aligning financial services with community development, Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo plays a vital role in building a stronger, more resilient local economy.




This information is meant to be a general summary of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo. 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
$7,680,274 (2022)
Expenses
$5,794,646 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,696,254
  • Gross Receipts: $7,680,274

Assets and Liabilities:

  • Total Assets: $144,474,692
  • Total Liabilities: $96,812,427
  • Net Assets: $47,662,265

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

Organization Details

Founding Year

1963

Principal Officer

Miguel Colon

Main Address

CARR 150 KM 20 5, COAMO, PR, 00769

NTEE Category

Code: W60 - Public benefit

If you are a representative of Cooperativa De Ahorro Y Credito Cristobal Rodriguez Hidalgo 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.