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Cooperativa Ac La Sagrada Familia

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

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

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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

What do the Facebook reviews say about Cooperativa Ac La Sagrada Familia?

76% of 51 reviewers on Facebook recommend Cooperativa Ac La Sagrada Familia. Here is a summary of their reviews:

Many users express satisfaction with the cooperative's services, highlighting the positive and caring attitude of the staff towards clients. The sentiment suggests that the organization genuinely embodies the spirit of community and support, which resonates well with those who interact with them.

Overall, it appears that customers appreciate the familial atmosphere of the cooperative, indicating that it delivers on its promise of creating a supportive environment. This encouragement and warmth contribute positively to their experience as clients.


This AI summary has been generated from reviews found on Facebook.

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 tax deductible.


Heare 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:


Manuel Colon Santos (Director)
  • Compensation: $1,005
  • Related: $0
  • Other: $0
Fernando Colon Santos (Director)
  • Compensation: $850
  • Related: $0
  • Other: $0
Nimia Perez Vazquez (Board Of Dir)
  • Compensation: $1,130
  • Related: $0
  • Other: $0
Donel Cosme Diaz (Board Vice P)
  • Compensation: $1,140
  • Related: $0
  • Other: $0
Giana B Garcia Jimenez (Secretary Of)
  • Compensation: $1,515
  • Related: $0
  • Other: $0
Carlos Figueroa Marzan (Sub Secretar)
  • Compensation: $530
  • Related: $0
  • Other: $0
Miguel A Roura Ruiz (Board Of Dir)
  • Compensation: $720
  • Related: $0
  • Other: $0
Israel Caldero Perez (Director)
  • Compensation: $1,340
  • Related: $0
  • Other: $0
Julia Alicea Gonzalez (Board Presid)
  • Compensation: $1,685
  • Related: $0
  • Other: $0
Eddie Alicea (President)
  • Compensation: $135,199
  • Related: $0
  • Other: $0
Angel Negron (Financial Di)
  • Compensation: $55,555
  • Related: $0
  • Other: $0
Hector J Motta Berrios (Dir Of Opera)
  • Compensation: $56,223
  • Related: $0
  • Other: $0


Official website here: www.sagradacoop.com

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

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.

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Impact




October, 2024

Cooperativa Ac La Sagrada Familia significantly enhances the quality of life for its members in Corozal, Puerto Rico, by promoting effective values and the philosophy of the cooperative movement. It achieves this by providing affordable financial solutions, including loans and access to technology for managing personal finances.

In the fiscal year ending December 31, 2022, the cooperative secured deposits from its members, demonstrating trust and engagement within the community. The institution not only offers financing options but also ensures that its members have access to tools that help them make informed financial decisions. Through these efforts, Cooperativa Ac La Sagrada Familia fosters economic stability and empowerment, contributing to the overall well-being of its members and the surrounding community.




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.


Financials

This financial information is from Propublica.

Revenue
$13,502,561 (2022)
Expenses
$9,614,230 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,496,890
  • 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

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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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