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COOPERATIVA DE AHORRO Y CREDITO DE ARECIBO

EIN 66-0190521 ARECIBO, PR

Largest nonprofits in Puerto Rico

Revenue 2024
$51,688,505
Expenses 2024
$48,479,637

Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
14
Street
CALLE CAPITAN ABREU ESQUINA RUIZ GA

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

TO IMPROVE THE QUALITY OF LINE OF OUR MEMBERS BY PROMOTING EFECTIVE VALUES, FINANCIAL SOURCES AND THE COOPERATIVE MOVEMENT PHILOSOPHY.

Activities or mission (Part I)

TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS BY PROMOTING EFECTIVE VALUES, FINANCIAL SOURCES AND THE COOPERATIVE MOVEMENT PHILOSOPHY.

  • DURING THE FISCAL YEAR ENDED DECEMBER 31, 2024 THE INSTITUTION OBTAINED DEPOSIT FROM MEMBERS AND CONTINUE PROVIDING TO THEM AND THE COMMUNITY FINANCING SOURCES ALTERNATIVES WITH LOANS AT AFFORDABLE TERMS AS WELL AS ACCESSIBILITY TO TECHNOLOGY IN CHECKING, SAVING AND CREDIT PRODUCTS TO MANAGE THEIR PERSONAL FINANCES.

    Expenses $45,168,370 · Revenue $50,956,954

  • DURING THE FISCAL YEAR ENDED DECEMBER 31, 2024 THE INSTITUTION OBTAINED DEPOSIT FROM MEMBERS AND CONTINUE PROVIDING TO THEM AND THE COMMUNITY FINANCING SOURCES ALTERNATIVES WITH LOANS AT AFFORDABLE TERMS AS WELL AS ACCESSIBILITY TO TECHNOLOGY IN CHECKING, SAVING AND CREDIT PRODUCTS TO MANAGE THEIR PERSONAL FINANCES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

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.

  • Luis A Galarza Perez

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Felipe D Ruiz Sosa

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Roberto Juarbe De Arce

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Domingo Salicrup De Jesus

    SUB SECRETAR

    Total calculated
    $0
    Hours/week
    2
  • Luis G Rivera Marchand

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Rogelio Gonzalez Villanueva

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Myrna Y Rosario Galarza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jose A Gonzalez Rivera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Nilda H Diaz Diaz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Wilfredo Gonzalez Irrizary

    INTERIM PRES

    Total calculated
    $119,784
    From this org
    $108,267
    From related orgs
    $0
    Other
    $11,517
    Hours/week
    60
  • Luis Genera Perez

    FORMER PRESI

    Total calculated
    $82,248
    From this org
    $77,903
    From related orgs
    $0
    Other
    $4,345
    Hours/week
    60
  • Ana M Rodriguez Soto

    VP OF OPERAT

    Total calculated
    $104,683
    From this org
    $95,463
    From related orgs
    $0
    Other
    $9,220
    Hours/week
    60
  • Idalia Ortiz Rodirguez

    VP FIN, & IN

    Total calculated
    $105,582
    From this org
    $101,462
    From related orgs
    $0
    Other
    $4,120
    Hours/week
    60

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
    $51,688,505
    Expenses
    $48,479,637
    Contributions
    $731,551
    Grants paid
    $0
  • 2023
    Revenue
    $48,904,768
    Expenses
    $35,374,361
    Contributions
    $3,770,791
    Grants paid
    $0
  • 2022
    Revenue
    $44,038,603
    Expenses
    $34,323,202
    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
    $37,267,661
    Expenses
    $32,183,531
    Assets (EOY)
    $793,590,464
  • 2020 · 990

    Revenue
    $34,446,812
    Expenses
    $30,888,927
    Assets (EOY)
    $714,602,958
  • 2019 · 990

    Revenue
    $32,828,294
    Expenses
    $30,518,604
    Assets (EOY)
    $602,935,285
  • 2018 · 990

    Revenue
    $32,248,247
    Expenses
    $30,073,857
    Assets (EOY)
    $594,474,338
  • 2017 · 990

    Revenue
    $31,765,215
    Expenses
    $34,152,934
    Assets (EOY)
    $595,713,547
  • 2016 · 990

    Revenue
    $33,371,604
    Expenses
    $36,694,670
    Assets (EOY)
    $584,129,316
  • 2015 · 990

    Revenue
    $33,720,237
    Expenses
    $32,367,985
    Assets (EOY)
    $598,852,725
  • 2014 · 990

    Revenue
    $32,095,631
    Expenses
    $28,992,892
    Assets (EOY)
    $603,044,498
  • 2013 · 990

    Revenue
    $32,197,310
    Expenses
    $27,621,046
    Assets (EOY)
    $570,589,949
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $27,367,292
    Assets (EOY)
    $558,242,313

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. Showing the 10 most recent; the API carries the rest.

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

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

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.