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Employer Identification Number 66-0287790

COOPERATIVA DE AHORRO Y CREDITO ORIENTAL is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:COOPERATIVA DE AHORRO Y CREDITO ORIENTAL
Employer identification number (EIN):66-0287790
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration COOPERATIVA DE AHORRO Y CREDITO ORIENTAL 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PROVIDE FINANCCIAL SERVICES AS LOANS, SAVINGS AND ACCOUNTS MAINLY TO LOW INCOME SECTOR OF PEOPLE IN PUERTO RICO. ALSO, CREDIT UNION MAKE A SOCILA INVESMENT IN THE COMMUNITY.
Number of Employees123
Number of Volunteers9
Year Formed1956

Organization Governance

Legal DomicilePR
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 17,168,425
Investment Income from current yearUSD $ 18,665,604
Other Revenue from prior yearUSD $ 8,920,187
Other Revenue from current yearUSD $ 8,708,380
Gross receipts from all sourcesUSD $ 30,373,984
Net assets / fund balances at end of fiscal yearUSD $ 117,443,052
Net assets / fund balances at beginning of fiscal yearUSD $ 135,441,482
Total liabilities at end of fiscal yearUSD $ 319,481,644
Total liabilities at beginning of fiscal yearUSD $ 293,858,591
Total assets at end of fiscal yearUSD $ 436,924,696
Total assets at beginning of fiscal yearUSD $ 429,300,073
Revenues less expenses for current yearUSD $ 5,277,974
Revenues less expenses for previous yearUSD $ 3,907,211
Total expenses for current yearUSD $ 25,096,010
Total expenses for previous yearUSD $ 22,181,401
Other expenses in current yearUSD $ 19,162,712
Other expenses in previous yearUSD $ 15,506,017
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,933,298
Employee salary and benefits paid in previous yearUSD $ 6,675,384
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 30,373,984
Total revenue in previous fiscal yearUSD $ 26,088,612
Contributions and grants from current yearUSD $ 3,000,000
Contributions and grants from previous yearUSD $ 0
Revenue from membership duesUSD $ 0
Total of other revenueUSD $ 8,708,380
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 16,013,809
Investment Income from current yearUSD $ 17,168,425
Other Revenue from prior yearUSD $ 7,447,143
Other Revenue from current yearUSD $ 8,920,187
Gross receipts from all sourcesUSD $ 26,088,612
Net assets / fund balances at end of fiscal yearUSD $ 135,441,482
Net assets / fund balances at beginning of fiscal yearUSD $ 150,307,306
Total liabilities at end of fiscal yearUSD $ 293,858,591
Total liabilities at beginning of fiscal yearUSD $ 282,733,899
Total assets at end of fiscal yearUSD $ 429,300,073
Total assets at beginning of fiscal yearUSD $ 433,041,205
Revenues less expenses for current yearUSD $ 3,907,211
Revenues less expenses for previous yearUSD $ 5,446,310
Total expenses for current yearUSD $ 22,181,401
Total expenses for previous yearUSD $ 18,014,642
Other expenses in current yearUSD $ 15,506,017
Other expenses in previous yearUSD $ 13,153,763
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,675,384
Employee salary and benefits paid in previous yearUSD $ 4,860,879
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 26,088,612
Total revenue in previous fiscal yearUSD $ 23,460,952
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 8,920,187
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 14,685,579
Investment Income from current yearUSD $ 16,013,809
Other Revenue from prior yearUSD $ 5,663,930
Other Revenue from current yearUSD $ 7,447,143
Gross receipts from all sourcesUSD $ 23,460,952
Net assets / fund balances at end of fiscal yearUSD $ 150,307,306
Net assets / fund balances at beginning of fiscal yearUSD $ 133,108,243
Total liabilities at end of fiscal yearUSD $ 282,733,899
Total liabilities at beginning of fiscal yearUSD $ 231,938,242
Total assets at end of fiscal yearUSD $ 433,041,205
Total assets at beginning of fiscal yearUSD $ 365,046,485
Revenues less expenses for current yearUSD $ 5,446,310
Revenues less expenses for previous yearUSD $ 3,656,715
Total expenses for current yearUSD $ 18,014,642
Total expenses for previous yearUSD $ 16,692,794
Other expenses in current yearUSD $ 13,153,763
Other expenses in previous yearUSD $ 12,428,549
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,860,879
Employee salary and benefits paid in previous yearUSD $ 4,264,245
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 23,460,952
Total revenue in previous fiscal yearUSD $ 20,349,509
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 7,447,143
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 12,991,410
Investment Income from current yearUSD $ 14,685,579
Other Revenue from prior yearUSD $ 5,971,185
Other Revenue from current yearUSD $ 5,663,930
Gross receipts from all sourcesUSD $ 20,349,509
Net assets / fund balances at end of fiscal yearUSD $ 133,108,243
Net assets / fund balances at beginning of fiscal yearUSD $ 112,004,919
Total liabilities at end of fiscal yearUSD $ 231,938,242
Total liabilities at beginning of fiscal yearUSD $ 172,628,892
Total assets at end of fiscal yearUSD $ 365,046,485
Total assets at beginning of fiscal yearUSD $ 284,633,811
Revenues less expenses for current yearUSD $ 3,656,715
Revenues less expenses for previous yearUSD $ 2,558,193
Total expenses for current yearUSD $ 16,692,794
Total expenses for previous yearUSD $ 16,404,402
Other expenses in current yearUSD $ 12,428,549
Other expenses in previous yearUSD $ 12,000,012
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,264,245
Employee salary and benefits paid in previous yearUSD $ 4,404,390
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 20,349,509
Total revenue in previous fiscal yearUSD $ 18,962,595
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 5,663,930

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 660287790

USA Mailing Address
PO BOX 876
HUMACAO
PR
007920876
Date first seen: 2010-07-13
Date last seen: 2019-07-16
USA Mailing Address
PO BOX 876
HUMACAO
PR
00792
Date first seen: 2015-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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