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EIN 66-0220429

Cooperativa Ahorro Y Credito Manati

IRS 501(c) type
501(c)(14)
Num. employees
88
City
Manati
State
Puerto Rico
Year formed
1986
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Cooperativa Ahorro Y Credito Manati obtains savings deposits from its members as shares and deposits and provides financing sources in accordance with the cooperative movement philosophy. During the fiscal year ended December 31, 2022, the institution obtained deposits from members and continued providing financing alternatives with loans at affordable terms as well as accessibility to technology in checking.
Total revenues
$12,946,475
2022
Total expenses
$9,981,215
2022
Total assets
$217,103,471
2022
Num. employees
88
2022

Program areas at Cooperativa Ahorro Y Credito Manati

During the fiscal year ended december 31, 2022 the institution obtained deposit from members and continue providing to them and the community financing sources alternatives with loans at affordable terms as well as accessibility to technology in checking, saving adn credit products to manage their personal finances.

Personnel at Cooperativa Ahorro Y Credito Manati

NameTitleCompensation
Anderson MartinezController$66,846
Candido RiveraExecutive President$175,427

Financials for Cooperativa Ahorro Y Credito Manati

RevenuesFYE 12/2022
Total grants, contributions, etc.$125,000
Program services$9,329,756
Investment income and dividends$1,557,544
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$212,765
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,721,410
Total revenues$12,946,475

Form 990s for Cooperativa Ahorro Y Credito Manati

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-09990View PDF
2021-122023-08-25990View PDF
2021-122022-11-01990View PDF
2020-122021-11-12990View PDF
2019-122021-06-07990View PDF
...and 10 more Form 990s

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OrganizationLocationRevenue
Western Cooperative Credit UnionWilliston, ND$16,661,044
GCS Credit UnionGranite City, IL$20,228,716
Frontier Credit UnionIdaho Falls, ID$34,471,344
Ashland Credit UnionAshland, KY$16,845,160
Valley Credit Union / Valley Financial Credit UnionBillings, MT$21,078,059
Oklahomas Credit UnionOklahoma City, OK$35,089,977
Mainstreet Credit UnionLenexa, KS$16,948,261
Minnequa Works Credit UnionPueblo, CO$7,236,388
Armco Credit UnionButler, PA$20,970,795
Greenwood Credit UnionWarwick, RI$35,042,007
Data update history
November 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 7, 2023
Updated personnel
Identified 1 new personnel
October 30, 2023
Updated personnel
Identified 1 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 25, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
PO Box 30562
Manati, PR 00674
Metro area
San Juan-Bayamon-Caguas, PR
County
Manati Municipio, PR
Website URL
coopmanati.com/ 
Phone
(787) 854-2214
IRS details
EIN
66-0220429
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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