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EIN 66-0190521

Cooperativa de Ahorro Y Credito de Arecibo

IRS 501(c) type
501(c)(14)
Num. employees
296
City
Arecibo
State
Puerto Rico
Year formed
1947
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Cooperativa de Ahorro Y Credito de Arecibo primarily receives savings from its members in the form of shares and deposits, operating as a non-profit organization. The credit union generates income of $37,267,661 and has total expenses of $32,183,531 resulting in a gain in excess of expenses of $5,084,130. Additionally, it provides savings and deposits services to its members.
Also known as...
Cooperativa de Ahorro Y Credito de Esquina Ruiz Gandia; Cooperativa Ac de Arecibo
Total revenues
$44,038,603
2022
Total expenses
$34,323,202
2022
Total assets
$794,614,801
2022
Num. employees
296
2022

Program areas at Cooperativa de Ahorro Y Credito de Arecibo

The credit union generated income of $44,038,603. The credit union had total expenses of $34,323,202 gain in excess of expenses was of $9,715,401.

Personnel at Cooperativa de Ahorro Y Credito de Arecibo

NameTitleCompensation
Ana M RodriguezVice President Operations$77,671
Idalia OrtizVice President of Finance / Controller$89,797
Wilfredo Gonzalez IrrizaryVice President of Administrative$68,465
Luis GerenaExecutive President
Willian MendezPresident
...and 1 more key personnel

Financials for Cooperativa de Ahorro Y Credito de Arecibo

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$32,541,331
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$11,497,272
Total revenues$44,038,603

Form 990s for Cooperativa de Ahorro Y Credito de Arecibo

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-12990View PDF
2021-122022-11-14990View PDF
2020-122021-11-08990View PDF
2019-122021-06-08990View PDF
2018-122019-11-22990View PDF
...and 14 more Form 990s

Organizations like Cooperativa de Ahorro Y Credito de Arecibo

OrganizationLocationRevenue
Golden Plains Credit UnionGarden City, KS$44,194,863
ELGA Credit UnionGrand Blanc, MI$86,734,421
Telcomm Credit UnionSpringfield, MO$13,563,264
University of Illinois Community Credit UnionChampaign, IL$29,419,590
Navigator Credit UnionPascagoula, MS$26,230,497
Azura Credit UnionTopeka, KS$38,277,046
Western Cooperative Credit UnionWilliston, ND$16,661,044
Cooperativa de Ahorro Y Credito San JoseAibonito, PR$15,562,374
Sharon and Crescent United Credit UnionSharon, MA$40,886,511
Armco Credit UnionButler, PA$20,970,795
Data update history
January 24, 2024
Updated personnel
Identified 2 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
Calle Capitan Abreu Esquina Ruiz Ga
Arecibo, PR 00612
Metro area
Arecibo, PR
County
Arecibo Municipio, PR
Website URL
coopaca.com/ 
Phone
(787) 878-2095
IRS details
EIN
66-0190521
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1947
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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