2024-08-07T10:21:59-07:00 2023-12-31 660824029 Javier F Ortiz Diaz CPA CSP PO Box 312 Aibonito PR 00705 990 2023-01-01 660231533 COOPERATIVA DE AHORRO Y CREDITO SAN JOSE COOP 7877357474 CALLE DEGETAU ESQUINA VIZCARRONDO AIBONITO PR 00705 FERNANDO L FIGUEROA RIVERA FINANCIAL OFFICER 7877357474 2024-07-31 1 1 Javier Ortiz P01425221 7877355971 2024-07-31 2023 2024-08-08 14:25:15Z FERNANDO L FIGUEROA RIVERA CALLE DEGETAU ESQUINA VIZCARRONDO AIBONITO PR 00705 21995808 0 X https://coopsanjose.com/ X COOPERATIVE 1957 PR NON-PROFIT ORGANIZATION CREATED UNDER THE COMMONWEALTH OF PUERTO RICO. IT'S A FINANCIAL INSTITUTION THAT RECEIVES SAVINGS FUNDS AS DEPOSITS AND SHARES. ALSO PROVIDE FINANCING SOURCES OF LOANS TO MEMBERS AS PERSONAL, MORTGAGE, AUTOMOBILE AND OTHERS. 9 9 75 0 0 0 0 0 10216193 11116879 1125251 3406562 4220930 7472367 15562374 21995808 0 0 0 0 3474755 3581067 0 0 0 7996065 10769730 11470820 14350797 4091554 7645011 271976055 297071118 195909025 213070637 76067030 84000481 IT'S A COOPERATIVE LOAN AND SAVINGS ASSOCIATION. 0 0 9900945 0 21995808 THE ORGANIZATION ACCOMPLISHES ITS PURPOSES BY MAKING AVAILABLE SAVINGS AND CREDIT AFFORDABLE TO ITS MEMBERS. 0 0 0 9900945 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 75 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 PR X FERNANDO L FIGUEROA RIVERA 7877357474 CALLE DEGETAU ESQUINA VIZCARRONDO AIBONITO PR 00705 RICKY BERRIOS FIGUEROA CEO 40 0 X 179898 0 0 YAHAIRA SANTIAGO ANDALUZ EXECUTIVE VICE-PRESIDENT 40 0 X 100015 0 0 FERNANDO L FIGUEROA RIVERA FINANCIAL OFFICER 40 0 X 70387 0 0 LUZ E ORTIZ ROSARIO COMPLIANCE OFFICER 40 0 X 64359 0 0 CARLOS H RODRIGUEZ NIEVES MANAGER 40 0 X 61836 0 0 EDANISE SANTIAGO ORTIZ MANAGER 40 0 X 61226 0 0 JASON CALDERA TORRES MANAGER 40 0 X 60801 0 0 HECTOR DE JESUS NUNEZ SYSTEM OFFICER 40 0 X 55057 0 0 ABIMAEL GONZALEZ ROLON SYSTEM OFFICER 40 0 X 53626 0 0 IVETTE M CARTAGENA RIVERA HUMAN RESOURCES OFFICER 40 0 X 53576 0 0 CARMEN ROSARIO GONZALEZ MORTGAGE DEPARTMENT SUPERVISOR 40 0 X 51788 0 0 GLENDA I RIVERA ORTIZ OPERATIONS OFFICER 40 0 X 47651 0 0 SARID BERMUDEZ VAZQUEZ OPERATIONS OFFICER 40 0 X 45699 0 0 MARIA V CORREA RIVERA BILLING SUPERVISOR 40 0 X 45045 0 0 LAURIMAR BERRIOS ROSARIO OPERATIONS OFFICER 40 0 X 44349 0 0 JOHANNA SEGARRA ORTIZ OPERATIONS OFFICER 40 0 X 44299 0 0 LINO ALBERTO ORTIZ TAPIA REGISTER SUPERVISOR 40 0 X 43033 0 0 ANA ELSA ALICEA COLLAZO REGISTER SUPERVISOR 40 0 X 39513 0 0 FELIX X MORALES COLON SYSTEMS OFFICER 40 0 X 30876 0 0 LESTER GUZMAN TIRADO AUDITOR MANAGER 40 0 X 7373 0 0 ZORAIDA SANTOS REYES DIRECTOR BOARD OF DIRECTOR 4 0 X 0 0 2709 EVELYN QUILES ROSARIO VICE PRESIDENT BOARD OF DIRECTOR 4 0 X 0 0 2528 JORGE L SANTOS ORTIZ PRESIDENT BOARD OF DIRECTOR 4 0 X 0 0 2500 CARLOS G VAZQUEZ CARTAGENA DIRECTOR BOARD OF DIRECTOR 4 0 X 0 0 2063 ANGEL A RAMOS APONTE SUB TREASURER BOARD OF DIRECTOR 4 0 X 0 0 1974 RAFAEL SANTOS BALIBREA TREASURER BOARD OF DIRECTOR 4 0 X 0 0 1840 EDGARDO RODRIGUEZ MORALES SUB SECRETARY BOARD OF DIRECTORS 4 0 X 0 0 1518 ESTHER COLON ROCHE SECRETARY BOARD OF DIRECTOR 4 0 X 0 0 1502 REINALDO VIDAL LOPEZ DIRECTOR BOARD OF DIRECTOR 4 0 X 0 0 758 1160407 0 17392 2 0 1 0 HELVETIA DEL CARIBE INC PO BOX 4849 CAROLINA PR 009844849 BANKING CORE 177688 BLUE MORPHO PO BOX 191627 SAN JUAN PR 00919 ADVERTISING 136847 EFICO TERRAZAS DE GUAYNABO CALLE VIOLETA D-22 GUAYNABO PR 00969 CONSULTING 266364 OSCAR LAW GROUP LLC VEREDAS DEL PARQUE 5003 CAROLINA PR 00987 CONSULTING 102070 VPNET PO BOX 193780 SAN JUAN PR 00919 COMMUNICATION 149736 5 0 PROGRAM SERVICE REVENUE 522130 11116879 11116879 0 0 0 0 0 0 11116879 3406562 3406562 0 0 0 0 0 0 0 0 0 0 128941 0 0 0 128941 0 128941 128941 0 0 0 0 COMMISION 522130 664327 664327 0 0 CDFI GRANTS 522130 3991840 3991840 0 0 ATH FEES REVENUE 522130 651704 651704 0 0 2035555 2035555 0 0 7343426 21995808 21995808 0 0 X 0 0 0 0 0 0 0 0 1160597 742851 417746 0 0 0 0 0 1679157 1074592 604565 0 117400 75136 42264 0 338335 216534 121801 0 285578 182769 102809 0 277653 177698 99955 0 1297712 830535 467177 0 55178 0 55178 0 112293 71868 40425 0 2088195 2088195 0 0 536032 343060 192972 0 893524 571855 321669 0 5509143 3525852 1983291 0 14350797 9900945 4449852 0 3245809 3390889 10743942 11694388 170373826 179858651 932831 790773 14677115 7013579 7425012 7663536 73061929 87236938 5436412 5775343 756294 660600 271976055 297071118 5146431 6234145 190762594 206836492 195909025 213070637 X 52180984 52472053 0 0 23886046 31528428 76067030 84000481 271976055 297071118 X 7645011 0 0 0 0 288440 X 0 1 X 1 0 2513313 0 2513313 6594624 0 3003356 3591268 1126531 0 836000 290531 2984543 0 2143625 840918 1458104 0 1030598 427506 7663536 0 SAVINGS ACCOUNTS 159916073 SAVINGS CERTIFICATES OF DEPOSIT 46920419 206836492 21995808 0 0 0 0 0 21995808 0 0 0 21995808 14350797 0 0 0 0 0 14350797 0 0 0 14350797 X 0 0 0 RICKY BERRIOS FIGUEROA CEO 179898 0 0 0 0 0 0 0 0 0 179898 0 0 0 Form 990, Part VI, Section A, Line 6 THE ORGANIZATION HAVE MEMBERS. Form 990, Part VI, Section A, Line 7a ALL MEMBERS ELECT THE GOVERNMENT BODY. Form 990, Part VI, Section A, Line 7b THE DECISION IS TAKEN BY A MAYORITY OF VOTING MEMBERS. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS MAINTAINED ON A TAX FILE IN THE ORGANIZATION OFFICE. UNDER THE COMMONWEALTH OF PUERTO RICO AND LAW 255 IS NOT REQUIRED TO GIVE A COPY TO THE MEMBERS. Form 990, Part VI, Section B, Line 12c THE GOVERNMENT AND REGULATORY AGENCY "CORPORACION PARA LA SUPERVISION DE SEGUROS DE COOPERATIVAS" CARRY OUT A COMPLIANCE AUDIT. Form 990, Part VI, Section B, Line 15 DETERMINED AND PROVIDED BY GOVERNMENT BODY. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MEETS ANNUALLY, OR AS NEEDED BEFORE THE YEAR END PERIOD, AND AT THESE MEETINGS THE BOARD OF DIRECTORS AND THE MANAGEMENT TEAM DISCUSSES THE POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICIES, THE FINANCIAL STATEMENTS AND ITS GOVERNING DOCUMENTS, AND MAKE THE AVAILABLE TO THE GENERAL PUBLIC ON A PER REQUEST BASIS. Form 990, Part IX, Line 24e PROVISION FOR LOAN LOSSES - $2,219,043 CONTRIBUTIONS FOR GRANTS AND COOPERATIVE EDUCATION - $30,122 REPAIRS AND MAINTANANCE - $382,685 RENTS - $20,350 PROGRAMATION - $456,502 COMMUNICATIONS - $154,035 UTILITIES - $159,911 POSTAGE - $15,260 BOARD OF DIRECTORS - $35,738 SERVICES COMMITTEE - $142,135 BANK CHARGE & CREDIT CARDS- $1,494,340 CARRIAGE - $50,154 REPRESENTATION - $7,985 ACTIVITIES - $76,309 COLLECTION EFFORTS - $16,683 SALES AND USE TAX EXPENSES (IVU) - $103,857 REPOSSESSED ASSETS COSTS - $56,185 OTHER EXPENSES - $87,849 Form 990, Part XI, Line 9 SUMMARY OF OTHER CHANGES IN NET ASSETS: BEGINNING BALANCE AT JANUARY 1, 2023 - $76,067,030 CONTRIBUTION OF SHARES NET OF WITHDRAWALS - ($508,931) TRANSFER FOR INACTIVE ACCOUNTS - ($247,462) CHANGE IN UNREALIZED GAIN OR (LOSSES) - $1,044,833 NET ECONOMY $7,645,011 ENDING BALANCE AT DECEMBER 31, 223 CHANGE IN FUND BALANCE - $84,000,481 ON THE DUE DATE THE FINANCIAL INFORMATION WAS NOT COMPLETE. THE ORGANIZATION FILED TIMELY AN EXTENSION REQUEST ON 04/03/2024.