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← COOPERATIVE DE AHORRO Y CREDITO DE BARRANQUITAS

Form 990 for tax year 2025

Filed by COOPERATIVE DE AHORRO Y CREDITO DE BARRANQUITAS.

Totals

Total revenue
$33,223,285
Total expenses
$23,909,223
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$29,757,492
Other revenue
$3,465,793
Total assets, end of year
$522,414,628
Total liabilities, end of year
$388,967,515
Net assets or fund balances, end of year
$133,447,113
Program services expenses (Part IX)
$0
Management and general expenses
$23,909,223
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2b · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2c · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $29,757,492 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $3,465,793 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $3,465,793

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $530,345 · program services $0 · management and general $530,345 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $4,384,161 · program services $0 · management and general $4,384,161 · fundraising $0

  • 8 · Pension plan contributions

    total $253,025 · program services $0 · management and general $253,025 · fundraising $0

  • 9 · Other employee benefits

    total $605,347 · program services $0 · management and general $605,347 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $2,734,100 · program services $0 · management and general $2,734,100 · fundraising $0

  • 12 · Advertising and promotion

    total $1,079,045 · program services $0 · management and general $1,079,045 · fundraising $0

  • 13 · Office expenses

    total $15,498 · program services $0 · management and general $15,498 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $353,049 · program services $0 · management and general $353,049 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $114,000 · program services $0 · management and general $114,000 · fundraising $0

  • 20 · Interest

    total $4,668,302 · program services $0 · management and general $4,668,302 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $602,876 · program services $0 · management and general $602,876 · fundraising $0

  • 23 · Insurance

    total $1,581,907 · program services $0 · management and general $1,581,907 · fundraising $0

  • 24a · Other expenses: Provision for credit loss

    total $2,433,591 · program services $0 · management and general $2,433,591 · fundraising $0

  • 24b · Other expenses: Amortization

    total $875,589 · program services $0 · management and general $875,589 · fundraising $0

  • 24c · Other expenses: Credit cards maintenances

    total $926,972 · program services $0 · management and general $926,972 · fundraising $0

  • 24d · Other expenses: Repairs and maintenances

    total $410,820 · program services $0 · management and general $410,820 · fundraising $0

  • 24e · All other expenses

    total $2,340,596 · program services $0 · management and general $2,340,596 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,813,530 · end of year $32,372,284

  • 2 · Savings and temporary cash investments

    beginning of year $2,350,000 · end of year $1,600,000

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $3,607,863 · end of year $522,088

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $331,966,419 · end of year $352,998,088

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $19,455,607

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,663,703

  • 10c · Land, buildings and equipment, net

    beginning of year $9,022,950 · end of year $9,791,904

  • 11 · Investments: publicly traded securities

    beginning of year $91,557,054 · end of year $91,447,402

  • 12 · Investments: other securities

    beginning of year $22,007,455 · end of year $23,081,296

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $12,432,918 · end of year $10,601,566

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,521,657 · end of year $4,028,929

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $353,956,595 · end of year $384,938,586

  • 29 · Capital stock, trust principal or current funds

    beginning of year $86,070,498 · end of year $90,805,500

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $30,709,439 · end of year $40,941,613

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,500,000 · end of year $1,700,000

Mission and programs · 2025

Mission

THE ORGANIZATION SAVINGS AND DEPOSITS.

Activities or mission (Part I)

A NON PROFIT ORGANIZATION PRIMARILY DEDICATED TO RECEIVE SAVINGS FORM ITS MEMBERS IN THE FORM OF SHARES AND DEPOSITS.

  • INTEREST INCOME AND OTHER INCOME OF 33,223,285 AND TOTAL EXPENSES OF 19,240,921.

As filed on the 2025 return.

Listed in Part VII

  • Miguel Ortiz Santos

    PRESIDENT

    Total calculated
    $248,304
    From this org
    $240,592
    From related orgs
    $0
    Other
    $7,712
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $240,592
    Bonus
    $0
    Other
    $0
    Deferred
    $7,712
    Nontaxable benefits
    $0
    Filer's total
    $248,304

  • Angel Ortiz Vazquez

    VP OPERATIONS

    Total calculated
    $108,028
    From this org
    $99,851
    From related orgs
    $0
    Other
    $8,177
    Hours/week
    40

  • Carmen Torres Zayas

    VP HUMAN RESOURCES

    Total calculated
    $109,449
    From this org
    $102,623
    From related orgs
    $0
    Other
    $6,826
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $102,997
    Bonus
    $0
    Other
    $0
    Deferred
    $6,826
    Nontaxable benefits
    $0
    Filer's total
    $109,823

  • Luis Gerena Ortiz

    VP CONTABILIDAD Y FINANZAS

    Total calculated
    $90,381
    From this org
    $87,279
    From related orgs
    $0
    Other
    $3,102
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
10 June 2026
IRS schema version
2025v4.0
Source object
202601619349300300

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