Cooperativa De Ahorro Y Credito San Jose

Organization Overview

Cooperativa De Ahorro Y Credito San Jose is located in Aibonito, PR. As of 12/2021, Cooperativa DE Ahorro Y Credito San Jose employed 71 individuals. Cooperativa DE Ahorro Y Credito San Jose is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Cooperativa DE Ahorro Y Credito San Jose generated $14.0m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $11.2m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NON-PROFIT ORGANIZATION CREATED UNDER THE COMMONWEALTH OF PUERTO RICO. IT'S FINANCIAL INSTITUTION THAT RECEIVES SAVING FUND AS DEPOSIT AND SHARE. ALSO PROVIDE FINANCING SOURCES OF LOAN TO MEMBER AS PERSONAL, MORTGAGE, AUTOMOBILE AND OTHER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ACCOMPLISHES ITS PURPOSES BY MAKING AVAILABLE SAVINGS AND CREDIT AFFORDABLE TO ITS MEMBERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Helvetia Del Caribe Inc
Banking Core
$362,461
Eduardo Brignoni
Consultant
$127,953
View All Vendors

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$9,864,049
Investment income $214,575
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $127,097
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 $13,966,516

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