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EIN 66-0220429

Cooperativa de Ahorro Y Credito de Manati

IRS 501(c) type
501(c)(14)
Num. employees
116
City
Manati
State
Puerto Rico
Year formed
1948
Most recent tax filings
2023-12-01
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.
Also known as...
Cooperativa Ahorro Y Credito Manati
Total revenues
$21,196,699
2023
Total expenses
$15,222,216
2023
Total assets
$295,329,329
2023
Num. employees
116
2023

Program areas at Cooperativa de Ahorro Y Credito de Manati

During the fiscal year ended december 31, 2023 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 de Ahorro Y Credito de Manati

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

Financials for Cooperativa de Ahorro Y Credito de Manati

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,000,000
Program services$13,317,182
Investment income and dividends$1,514,221
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,365,296
Total revenues$21,196,699

Form 990s for Cooperativa de Ahorro Y Credito de Manati

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-07990View PDF
2022-122023-09-09990View PDF
2021-122023-08-25990View PDF
2021-122022-11-01990View PDF
2020-122021-11-12990View PDF
...and 11 more Form 990s

Organizations like Cooperativa de Ahorro Y Credito de Manati

OrganizationLocationRevenue
St Jeans Credit UnionSalem, MA$17,647,270
Oklahomas Credit UnionOklahoma City, OK$43,455,996
Valley Credit Union / Valley Financial Credit UnionBillings, MT$21,078,059
Minnequa Works Credit UnionPueblo, CO$9,391,147
Western Cooperative Credit UnionWilliston, ND$20,687,023
Armco Credit UnionButler, PA$25,147,926
Greenwood Credit UnionWarwick, RI$43,604,859
Frontier Credit UnionIdaho Falls, ID$34,471,344
Ashland Credit UnionAshland, KY$16,845,160
Revity Credit UnionGranite City, IL$24,450,672
Data update history
January 12, 2025
Used new vendors
Identified 2 new vendors, including , and
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
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
1948
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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