- Revenue 2024
- $11,178,035
- Expenses 2024
- $7,962,421
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 541
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 · 2024
Mission
LOCAL CREDIT UNION, SAVINGS AND LOAN FOR MEMBERS. THESE ENTITIES ARE EXEMPT FROM INCOME TAXES, MUNICIPAL LICENSES AND PROPERTY TAX UNDER THE STATE LAW APPLIED TO COOPERATIVES. THESE ENTITIES DO NOT RECEIVE ANY FEDERAL OR STATE GRANT, NEITHER DONATIONS. THE MAIN ACTIVITY IS TO PROVIDE LOANS AND TO OFFER DIFFERENT SAVINGS ACCOUNTS.
Activities or mission (Part I)
THE ORGANIZATION IS A CREDIT UNION THAT PROVIDED SERVICES OF SAVINGS ACCOUNTS AND LOANS TO MEMBER AND NON MEMBERS.
-
LOCAL CREDIT UNION, SAVINGS AND LOAN FOR MEMBERS. THESE ENTITIES ARE EXEMPT FROM INCOME TAXES, MUNICIPAL LICENSES AND PROPERTY TAX UNDER THE STATE LAW APPLIED TO COOPERATIVES. THESE ENTITIES DO NOT RECEIVE ANY FEDERAL OR STATE GRANT, NEITHER DONATIONS. THE MAIN ACTIVITY IS TO PROVIDE LOANS AND TO OFFER DIFFERENT SAVINGS ACCOUNTS.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Carlos Camacho
General Manager
- Total calculated
- $148,475
- From this org
- $148,475
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Sandra Laracuente
Operation Manager
- Total calculated
- $56,269
- From this org
- $56,269
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Raul Velez
President
- Total calculated
- $0
- Hours/week
- 4
-
Carmen S Pagan
Vicepresident
- Total calculated
- $0
- Hours/week
- 4
-
Fe Hurtado
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Henry Falu
Director
- Total calculated
- $0
- Hours/week
- 4
-
Agustin Soto
Treasurer(2)
- Total calculated
- $0
- Hours/week
- 4
-
Maria Moreno Acosta
Director
- Total calculated
- $0
- Hours/week
- 4
-
Heriberto Muriel
Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
Ana M Sein Lorenzo
Subsecretary
- Total calculated
- $0
- Hours/week
- 4
-
Heriberto Badillo Cortes
Director
- Total calculated
- $0
- Hours/week
- 4
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $11,178,035
- Expenses
- $7,962,421
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $8,169,219
- Expenses
- $7,305,724
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $6,511,561
- Expenses
- $5,734,104
- 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
- $6,490,918
- Expenses
- $6,407,005
- Assets (EOY)
- $124,747,566
-
2020 · 990
- Revenue
- $5,213,688
- Expenses
- $6,403,410
- Assets (EOY)
- $111,852,553
-
2019 · 990
- Revenue
- $5,849,426
- Expenses
- $5,310,769
- Assets (EOY)
- $100,512,880
-
2018 · 990
- Revenue
- $4,095,388
- Expenses
- $5,428,946
- Assets (EOY)
- $107,411,642
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
-
$10,500
2023 CREDIT UNION IMPACT CAPACITY BUILDING
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
Borinquen Town Corp
Rent · PR
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 2024, the newest we have parsed for this organization.