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Cooperativa De Ahorro Y Credito Industria Biofarmaceutica

  • Carolina, PR
  • EIN: 66-0347008

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

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

Summary charts: organization finances over time

Revenue
$5.27M (2023)

Expenses
$5.4M (2023)

Total Assets
$91.1M (2023)

Total Liabilities
$62.9M (2023)

Source: Form 990 tax filings from 2013 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
$5,268,671
Expenses
$5,398,723
Net Income
-$130,052
Net Assets
$28,176,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,692,459
89.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $576,212
10.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $363,015
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,123,738
20.8%
Assets/Debt
Total Assets $91,053,391
Total Liabilities $62,876,544
Net Assets $28,176,847
Compensation
Key Employees and Officers Compensation Related Other
Rafael Flores Perez (Executive President Past) $141,647 $0 $6,600
Pedro Quinones Ramos (Gerente De Operaciones) $86,454 $0 $6,000
Gil J Ramos Ortiz (Comptroller) $61,101 $0 $3,600
Adriano De La Nuez (Gerente It) $59,005 $0 $3,600
Antonio Cruz Rodriguez (Executive President Actual) $14,808 $0 $0
Jose J Arce Rivera (Board Presidente) $0 $0 $0
Julio Cesar Ramrez Toro (Board Vicepresident) $0 $0 $0
Carlos J Bonilla Agosto (Treasurer) $0 $0 $0
Jose A Villanueva Negrn (Sub Treasurer) $0 $0 $0
Leilani Mullen Wilt (Secretary) $0 $0 $0
Luis A Rivera Rodrguez (Sub Secretary) $0 $0 $0
Mara Del Carmen Warren Gonzlez (Vocal) $0 $0 $0
Benigno Robles Belardo (Vocal) $0 $0 $0
Carlos A Arroyo Franco (Vocal) $0 $0 $0
Ernesto Arroyo Hernndez (Vocal) $0 $0 $0
Carlos Yainel Hernndez Melendez (Vocal) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 29, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,549,857
Expenses
$4,281,215
Net Income
$268,642
Net Assets
$27,120,654
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,707,234
81.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $842,623
18.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $479,891
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $647,404
15.1%
Assets/Debt
Total Assets $84,736,317
Total Liabilities $57,615,663
Net Assets $27,120,654
Compensation
Key Employees and Officers Compensation Related Other
Rafael Flores Perez (President) $136,071 $0 $6,600
Pedro Quinones (Vp Operations) $75,386 $0 $6,000
Adriano De La Nuez (Vp Information) $53,076 $0 $3,600
Sandra Ferrer (Supervisor) $50,987 $0 $50
Zuleima Vargas (Supervisor) $43,737 $0 $350
Carmen Sanchez (Supervisor) $42,965 $0 $225
Monica Hernandez (Supervisor) $38,419 $0 $25
Gil Ramos (Controller) $20,900 $0 $1,500
Jose J Arce Rivera (Board President) $0 $0 $0
Carlos A Arroyo Franco (Board Vicepresident) $0 $0 $0
Carlos J Bonilla Agosto (Treasurer) $0 $0 $0
Leilani Mullen Wilt (Secretary) $0 $0 $0
Luis A Rivera Rodriguez (Sub Secretary) $0 $0 $0
Benigno Robles Belardo (Vocal) $0 $0 $0
Julio C Ramirez Toro (Vocal) $0 $0 $0
Jose A Villanueva Negron (Sub Treasurer) $0 $0 $0
Maria Del Carmen Warren Gonzalez (Vocal) $0 $0 $0
Ernesto Arroyo Hernandez (Vocal) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 8, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,436,098
Expenses
$4,172,393
Net Income
$263,705
Net Assets
$27,738,307
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,442,677
77.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $993,421
22.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $453,131
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $605,729
14.5%
Assets/Debt
Total Assets $82,865,454
Total Liabilities $55,127,147
Net Assets $27,738,307
Compensation
Key Employees and Officers Compensation Related Other
Rafael Flores Perez (President) $125,474 $0 $2,988
Pedro Quinones (Vp Operations) $61,038 $0 $1,202
Jorge Hernandez (Controller) $55,613 $0 $1,163
Adriano De La Nuez (Vp Information) $52,790 $0 $1,337
Zuleima Vargas (Supervisor) $44,899 $0 $982
Sandra Ferrer (Supervisor) $44,803 $0 $986
Carmen Sanchez (Supervisor) $36,812 $0 $892
Monica Hernandez (Supervisor) $31,702 $0 $803
Jose Arce Rivera (Board President) $0 $0 $0
Carlos Arroyo Franco (Board Vicepresident) $0 $0 $0
Neftali Rosa Rivera (Treasurer) $0 $0 $0
Luis Rivera Rodriguez (Secretary) $0 $0 $0
Maria Del Carmen Warren (Vocal) $0 $0 $0
Benigno Robles Belardo (Vocal) $0 $0 $0
Jose Villanueva Negron (Vocal) $0 $0 $0
Leilani Mullen Wilt (Vocal) $0 $0 $0
Carlos Bonilla Agosto (Vocal) $0 $0 $0
Julio C Ramirez Toro (Vocal) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,740,650
Expenses
$3,892,503
Net Income
-$151,853
Net Assets
$27,351,173
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,369,549
90.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $371,101
9.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $411,615
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $612,485
15.7%
Assets/Debt
Total Assets $84,682,807
Total Liabilities $57,331,634
Net Assets $27,351,173
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rafael Flores Perez (President) $111,416 $0 $3,000
Pedro Quinones (Vp Operations) $56,935 $0 $1,200
Adriano De La Nuez (Vp Information) $53,015 $0 $1,337
Jorge Hernandez (Controller) $42,719 $0 $0
Sandra Ferrer (Supervisor) $41,070 $0 $956
Zuleima Vargas (Supervisor) $40,562 $0 $952
Carmen Sanchez (Supervisor) $35,006 $0 $874
Monica Hernandez (Supervisor) $30,892 $0 $784
Jose Arce Rivera (Board President) $0 $0 $0
Carlos Arroyo Franco (Board Vicepresident) $0 $0 $0
Limarie Nogueras Figueroa (Treasurer) $0 $0 $0
Luis Rivera Rodriguez (Secretary) $0 $0 $0
Maria Del Carmen Warren (Subsecretary) $0 $0 $0
Benigno Robles Belardo (Vocal) $0 $0 $0
Jose Villanueva Negron (Vocal) $0 $0 $0
Neftali Rosa Rivera (Vocal) $0 $0 $0
Carlos Bonilla Agosto (Vocal) $0 $0 $0
+ View more people

Document Links

990
Filed on July 8, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,870,421
Expenses
$4,275,268
Net Income
-$404,847
Net Assets
$27,434,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,428,773
88.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $441,648
11.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $299,716
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $559,050
13.1%
Assets/Debt
Total Assets $70,697,227
Total Liabilities $43,262,680
Net Assets $27,434,547
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rafael Flores Perez (President) $110,079 $0 $0
Pedro Quinones (Vp Operations) $55,351 $0 $0
Adriano De La Nuez (Vp Information) $52,690 $0 $0
Antonio Cruz Rodriguez (Controller) $49,295 $0 $0
Xiomara N Medina Jimenez (Supervisor) $32,301 $0 $0
+ View more people

Document Links

990
Filed on Nov. 3, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,583,286
Expenses
$4,270,717
Net Income
-$687,431
Net Assets
$29,007,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,189,600
89.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $393,686
11.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $248,375
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $563,186
13.2%
Assets/Debt
Total Assets $72,293,160
Total Liabilities $43,285,287
Net Assets $29,007,873
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rafael Flores Perez (President) $95,112 $0 $0
Antonio Cruz (Controller) $51,911 $0 $0
Pedro Quinones (Vp Operations) $51,262 $0 $0
Adriano De La Nuez (Vp Information) $50,090 $0 $0
+ View more people

Document Links

990
Filed on Nov. 10, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,689,157
Expenses
$4,116,517
Net Income
-$427,360
Net Assets
$31,398,052
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,216,209
87.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $472,948
12.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $239,978
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $628,658
15.3%
Assets/Debt
Total Assets $73,681,142
Total Liabilities $42,283,090
Net Assets $31,398,052
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Maribel Colon (President) $79,211 $0 $0
Pedro Quinones (Vp Operations) $54,859 $0 $0
Antonio Cruz (Controller) $53,247 $0 $0
Adriano De La Nuez (Vp Information) $52,661 $0 $0
+ View more people

Document Links

990
Filed on Oct. 30, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,353,411
Expenses
$4,350,657
Net Income
$2,754
Net Assets
$36,357,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,673,647
84.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $679,764
15.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $259,168
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $806,450
18.5%
Assets/Debt
Total Assets $73,617,434
Total Liabilities $37,260,065
Net Assets $36,357,369
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Maribel Colon (President) $90,070 $0 $0
Antonio Cruz (Controller) $57,194 $0 $0
Pedro Quinones (Vp Operations) $56,589 $0 $0
Adriano De La Nuez (Vp Information) $55,315 $0 $0
+ View more people

Document Links

990
Filed on July 21, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,716,786
Expenses
$3,277,008
Net Income
$1,439,778
Net Assets
$50,966,814
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,270,256
90.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $446,530
9.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $250,070
7.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $74,931,737
Total Liabilities $23,964,923
Net Assets $50,966,814
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Maribel Colon (President) $86,390 $0 $0
Adriano De La Nuez (Vp Information) $56,359 $0 $0
Pedro Quinones (Vp Operations) $54,730 $0 $0
Antonio Cruz (Comptroller) $52,590 $0 $0
+ View more people

Document Links

990
Filed on May 31, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,412,938
Expenses
$2,880,705
Net Income
$1,532,233
Net Assets
$51,026,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,990,487
90.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $422,451
9.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $214,219
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $608,892
21.1%
Assets/Debt
Total Assets $72,892,080
Total Liabilities $21,865,936
Net Assets $51,026,144
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Maribel Colon (President) $82,548 $0 $0
Pedro Quinones (Vp Operations) $55,559 $0 $0
Adriano De La Nuez (Vp Information) $52,577 $0 $0
Antonio Cruz (Comptroller) $23,535 $0 $0
+ View more people

Document Links

990
Filed on July 31, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,084,525
Expenses
$2,772,145
Net Income
$1,312,380
Net Assets
$49,241,327
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,408,327
83.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $676,198
16.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $294,737
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $501,859
18.1%
Assets/Debt
Total Assets $69,246,053
Total Liabilities $20,004,726
Net Assets $49,241,327
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Maribel Colon (President) $71,408 $0 $0
Tania Hernandez (Comptroller) $62,481 $0 $0
Griselle Bracero (Manager) $62,029 $0 $0
Adriano De La Nuez (Vp Information) $52,419 $0 $0
Pedro Quinones (Vp Operations) $46,400 $0 $0
+ View more people

Document Links

990
Filed on Aug. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated