Cooperativa De Ahorro Y Credito De Sabana Grande

Organization Overview

Cooperativa De Ahorro Y Credito De Sabana Grande is located in Sabana Grande, PR. Cooperativa DE Ahorro Y Credito DE Sabana Grande is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS A CREDIT UNION THAT USED TO PROVIDE SERVICES OF SAVINGS ACCOUNTS AND LOANS TO MEMBER AND NON MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOCAL CREDIT UNION, SAVINGS AND LOAN FOR MEMBERS. THESE ENTITIES ARE EXEMPT FROM INCOME TAXES, MUNICIPAL LICENSES AND PROPERTY TAX UNDER THE STATE LAW APPLIED TO COOPERATIVES. THESE ENTITIES DO NOT RECEIVE ANY FEDERAL OR STATE GRANT, NEITHER DONATIONS. THE MAIN ACTIVITY IS TO PROVIDE LOANS AND TO OFFER DIFFERENT SAVINGS ACCOUNTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $0

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$7,701,719

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