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COOPERATIVE DE AHORRO Y CREDITO DE LARE

EIN 66-0206444 LARES, PR

Largest nonprofits in Puerto Rico

Revenue 2025
$17,047,150
Expenses 2025
$11,917,023

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

As filed

Subsection
14
Classification
1000
Street
PO BOX 362

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

SAVINGS AND CREDIT UNION OPERATION

Activities or mission (Part I)

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

  • INTEREST INCOME AND OTHER INCOME OF 17,047,150 AND TOTAL EXPENSES OF 11,917,023.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Carlos De Jesus

    PRESIDENT

    Total calculated
    $184,665
    From this org
    $169,998
    From related orgs
    $0
    Other
    $14,667
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,998
    Bonus
    $0
    Other
    $0
    Deferred
    $14,167
    Nontaxable benefits
    $0
    Filer's total
    $184,165
  • Jose J Mercado Medina

    MANAGER OF OPERATIONS

    Total calculated
    $92,387
    From this org
    $85,280
    From related orgs
    $0
    Other
    $7,107
    Hours/week
    40
  • Carlos J Centeno Perez

    MANAGER OF DEPARMET CON SYSTEM

    Total calculated
    $80,849
    From this org
    $74,630
    From related orgs
    $0
    Other
    $6,219
    Hours/week
    40
  • Marybelis Acevedo Ortiz

    MANAGER

    Total calculated
    $52,953
    From this org
    $48,880
    From related orgs
    $0
    Other
    $4,073
    Hours/week
    40
  • Johnny Montanez Vargas

    CONTROLLER

    Total calculated
    $74,923
    From this org
    $69,160
    From related orgs
    $0
    Other
    $5,763
    Hours/week
    40
  • Israel Rivera Rivera

    MANAGER

    Total calculated
    $72,783
    From this org
    $67,184
    From related orgs
    $0
    Other
    $5,599
    Hours/week
    40
  • Jaheira Cuevas

    ACCOUNTING SUPERVISOR

    Total calculated
    $67,600
    From this org
    $62,400
    From related orgs
    $0
    Other
    $5,200
    Hours/week
    40
  • Jeannette Jimenez Rodriguez

    MANAGER

    Total calculated
    $56,333
    From this org
    $52,000
    From related orgs
    $0
    Other
    $4,333
    Hours/week
    40
  • Eduard Irizarry Jimenez

    MANAGER

    Total calculated
    $56,897
    From this org
    $52,520
    From related orgs
    $0
    Other
    $4,377
    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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $17,047,150
    Expenses
    $11,917,023
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $15,017,332
    Expenses
    $10,918,826
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $15,865,234
    Expenses
    $10,086,130
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $12,301,363
    Expenses
    $9,119,157
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $12,993,672
    Expenses
    $8,430,499
    Assets (EOY)
    $207,270,857
  • 2020 · 990

    Revenue
    $10,491,899
    Expenses
    $8,054,075
    Assets (EOY)
    $187,333,576
  • 2019 · 990

    Revenue
    $9,527,111
    Expenses
    $12,106,196
    Assets (EOY)
    $154,747,227
  • 2018 · 990

    Revenue
    $8,803,272
    Expenses
    $8,263,186
    Assets (EOY)
    $147,823,270
  • 2017 · 990

    Revenue
    $8,711,472
    Expenses
    $8,006,655
    Assets (EOY)
    $147,537,713
  • 2016 · 990

    Revenue
    $8,576,151
    Expenses
    $8,008,848
    Assets (EOY)
    $135,106,360
  • 2013 · 990

    Revenue
    $9,090,429
    Expenses
    $6,765,562
    Assets (EOY)
    $122,021,907
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $6,481,099
    Assets (EOY)
    $119,815,239

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.