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Cooperative De Ahorro Y Credito De Barranquitas

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$31.2M (2023)

Expenses
$20.9M (2023)

Total Assets
$469M (2023)

Total Liabilities
$364M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,231,571
Expenses
$20,896,132
Net Income
$10,335,439
Net Assets
$104,985,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,916,305
67.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,315,266
33.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,454,111
16.5%
Assets/Debt
Total Assets $469,342,802
Total Liabilities $364,357,570
Net Assets $104,985,232
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $222,903 $0 $0
Angel Ortiz Vazquez (Vp Operations) $94,388 $0 $0
Carmen Torres Zayas (Vp Human Resources) $83,576 $0 $0
Ada Morales La Santa (Manager) $65,408 $0 $0
Damaris Ramirez Ocasio (Manager) $60,263 $0 $0
Jorge Luis Gines Lopez (Manager) $59,601 $0 $0
Jose H Perez Maldonado (Manager) $56,469 $0 $0
Rosa G Hernandez Santiago (Manager Of Tecnology And Security) $53,353 $0 $0
Carlos J Rivera Rosados (Manager) $52,783 $0 $0
Ivelisse Morales Marrero (Manager) $48,962 $0 $0
Luis R Lopez Roman (Compliance And Internal Auditor) $48,038 $0 $0
Wilfredo Sepulveda Pinto (Manager) $47,739 $0 $0
Ivelisse Santiago Rodriguez (Administrative Assistant) $46,918 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,608,978
Expenses
$16,231,881
Net Income
$3,377,097
Net Assets
$95,671,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $16,384,233
83.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,224,745
16.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $626,390
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,212,445
13.6%
Assets/Debt
Total Assets $439,753,173
Total Liabilities $344,082,069
Net Assets $95,671,104
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $114,891 $0 $0
Carmen Torres Zayas (Vp Human Resources) $79,941 $0 $0
Angel Ortiz Vazquez (Vp Operations) $64,870 $0 $0
Ada Morales La Santa (Manager) $54,103 $0 $0
Damaris Ramirez Ocasio (Manager) $51,218 $0 $0
Jose H Perez Maldonado (Manager) $49,231 $0 $0
Carlos J Rivera Rosados (Manager) $48,030 $0 $0
Wilfredo Sepulveda Pinto (Manager) $41,972 $0 $0
Ivelisse Morales Marrero (Compliance Officer) $41,147 $0 $0
Rosa G Hernandez Santiago (Manager Of Tecnology And Security) $40,999 $0 $0
Jorge Luis Gines Lopez (Manager) $39,988 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,940,942
Expenses
$13,693,966
Net Income
$4,246,976
Net Assets
$80,361,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $13,453,494
75.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,487,448
25.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $557,863
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,772,147
12.9%
Assets/Debt
Total Assets $321,931,771
Total Liabilities $241,569,893
Net Assets $80,361,878
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $138,513 $0 $0
Carmen Torres Zayas (Vp Human Resources) $73,582 $0 $0
Angel Ortiz Vazquez (Vp Operations) $63,251 $0 $0
Ada Morales La Santa (Manager) $53,502 $0 $0
Damaris Ramirez Ocasio (Manager) $51,113 $0 $0
Jose H Perez Maldonado (Manager) $47,281 $0 $0
Rosa G Hernandez Santiago (Manager Of Tecnology And Security) $44,943 $0 $0
Carlos J Rivera Rosados (Manager) $44,452 $0 $0
Ivelisse Morales Marrero (Compliance Officer) $41,226 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,637,496
Expenses
$12,200,674
Net Income
$2,436,822
Net Assets
$72,352,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,761,496
87.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,876,000
12.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $471,179
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,659,502
13.6%
Assets/Debt
Total Assets $283,206,052
Total Liabilities $210,853,093
Net Assets $72,352,959
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $110,901 $0 $0
Carmen Torres Zayas (Vp Human Resources) $69,139 $0 $0
Angel Ortiz Vazquez (Vp Operations) $55,737 $0 $0
Ada Morales La Santa (Manager) $44,326 $0 $0
Damaris Ramirez Ocasio (Manager) $42,152 $0 $0
Jose H Perez Maldonado (Manager) $40,017 $0 $0
Rosa G Hernandez Santiago (Manager Of Tecnology And Security) $37,432 $0 $0
Carlos J Rivera Rosados (Manager) $37,162 $0 $0
Ivelisse Morales Marrero (Compliance Officer) $34,313 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,886,163
Expenses
$12,247,499
Net Income
$1,638,664
Net Assets
$66,253,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,632,331
83.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,253,832
16.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $501,089
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,569,208
12.8%
Assets/Debt
Total Assets $233,803,526
Total Liabilities $167,549,863
Net Assets $66,253,663
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $110,421 $0 $0
Carmen Torres Zayas (Vp Human Resources) $68,094 $0 $0
Angel Ortiz Vazquez (Vp Operations) $60,021 $0 $0
Wandaliz Rodriguez Rodriguez (Manager Of Compliance) $51,942 $0 $0
Ada Morales La Santa (Manager) $47,824 $0 $0
Damaris Ramirez Ocasio (Manager) $45,750 $0 $0
Jose H Perez Maldonado (Manager) $43,381 $0 $0
Alexis Colon Lugo (Manager Of Tecnology And Security) $36,887 $0 $0
Carlos J Rivera Rosados (Manager) $36,769 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,854,944
Expenses
$11,795,373
Net Income
$1,059,571
Net Assets
$61,370,787
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,772,469
83.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,082,475
16.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $414,756
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,583,591
13.4%
Assets/Debt
Total Assets $224,256,586
Total Liabilities $162,885,799
Net Assets $61,370,787
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $90,000 $0 $0
Carmen Torres Zayas (Vp Human Resources) $56,556 $0 $0
Angel Ortiz Vazquez (Vp Operations) $46,200 $0 $0
Ada Morales La Santa (Manager) $39,900 $0 $0
Damaris Ramirez Ocasio (Manager) $38,100 $0 $0
Jose H Perez Maldonado (Manager) $36,000 $0 $0
Wandaliz Rodriguez Rodriguez (Manager Of Compliance) $36,000 $0 $0
Alexis Colon Lugo (Manager Of Tecnology And Security) $36,000 $0 $0
Carlos J Rivera Rosados (Manager) $36,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,451,855
Expenses
$10,501,049
Net Income
$950,806
Net Assets
$59,059,763
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,449,349
91.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,002,506
8.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $378,756
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,534,391
14.6%
Assets/Debt
Total Assets $212,928,591
Total Liabilities $153,868,828
Net Assets $59,059,763
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Miguel Ortiz Santos (President) $90,000 $0 $0
Carmen Torres Zayas (Vp Human Resources) $56,556 $0 $0
Angel Ortiz Vazquez (Vp Operations) $46,200 $0 $0
Ada Morales La Santa (Manager) $39,900 $0 $0
Damaris Ramirez Ocasio (Manager) $38,100 $0 $0
Jose H Perez Maldonado (Manager) $36,000 $0 $0
Wandaliz Rodriguez Rodriguez (Manager Of Compliance) $36,000 $0 $0
Alexis Colon Lugo (Manager) $36,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,417,878
Expenses
$10,856,383
Net Income
$1,561,495
Net Assets
$56,905,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $10,949,673
88.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,468,205
11.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $555,826
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,459,107
13.4%
Assets/Debt
Total Assets $201,441,289
Total Liabilities $144,535,351
Net Assets $56,905,938
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Matos (President) $110,004 $0 $0
Miguel A Ortiz Santos (Vp Operations) $64,003 $0 $0
Luis A Soto (Vice President Of Finance) $63,403 $0 $0
Moises Morales Figueroa (Vp Sistemas) $56,556 $0 $0
Carmen Torres Zayas (Vp Human Resources) $51,000 $0 $0
Angel Ortiz Vazquez (Manager) $38,100 $0 $0
Damaris Ramirez Ocasio (Manager) $38,100 $0 $0
Jose H Perez Maldonado (Manager) $36,000 $0 $0
Wandaliz Rodriguez Rodriguez (Manager Of Compliance) $36,000 $0 $0
Evelyn Luna Luna (Executive Secretary Board) $35,396 $0 $0
Ivelisse Santiago Rodriguez (Administrative Assistant) $27,264 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,674,917
Expenses
$10,367,049
Net Income
$2,307,868
Net Assets
$53,596,898
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,430,612
90.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,244,305
9.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $330,763
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,705,605
16.5%
Assets/Debt
Total Assets $198,528,193
Total Liabilities $144,931,295
Net Assets $53,596,898
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Willian Matos (President) $110,004 $0 $0
Luis A Soto (Vice President Of Finance) $63,403 $0 $0
Moises Morales Figueroa (Vp Sistemas) $56,556 $0 $0
Carmen Torres Zayas (Vp Human Resources) $51,000 $0 $0
Miguel A Ortiz Santos (Vp Operations) $49,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,037,505
Expenses
$10,722,170
Net Income
$2,315,335
Net Assets
$48,987,374
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,472,830
88.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,564,675
12.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,047,727
19.1%
Assets/Debt
Total Assets $193,631,737
Total Liabilities $144,644,363
Net Assets $48,987,374
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Matos (President) $110,004 $0 $0
Luis A Soto (Vice President Of Finance) $61,003 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,133,510
Expenses
$10,433,326
Net Income
$1,700,184
Net Assets
$44,300,931
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,197,522
92.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $935,988
7.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,142,128
20.5%
Assets/Debt
Total Assets $187,739,107
Total Liabilities $143,438,176
Net Assets $44,300,931
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Matos (President) $110,004 $0 $0
Luis A Soto (Vice President Of Finance) $61,003 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,044,816
Expenses
$11,344,619
Net Income
$1,700,197
Net Assets
$45,911,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,307,319
86.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,737,497
13.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $306,197
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,918,502
16.9%
Assets/Debt
Total Assets $189,040,934
Total Liabilities $143,129,010
Net Assets $45,911,924

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,569,377
Expenses
$12,627,740
Net Income
$941,637
Net Assets
$45,848,250
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11,715,623
86.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,853,754
13.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $233,300
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,962,840
15.5%
Assets/Debt
Total Assets $182,854,774
Total Liabilities $137,006,524
Net Assets $45,848,250

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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