2024-05-15T09:06:28-07:00 2022-12-31 660722537 Llavona Casas CPA PSC CENTRO INTERNACIONAL DE MERCADEO 100 CARR 165 TORRE 1 SUITE 708 GUAYNABO PR 00968 990 2022-01-01 660213182 COOPERATIVA DE AHORRO Y CREDITO DE AIBONITENO COOP 7877354131 PO BOX 422 AIBONITO PR 00705 CARLOS F ORTIZ DIAZ PRESIDENT 7877354131 2023-06-26 1 CARLOS F ORTIZ DIAZ 999009999 1 Fernando Llavona P01474680 7877648664 2023-06-20 X 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z CARLOS F ORTIZ DIAZ CALLE JOSE C VAZQUEZ 100 AIBONTO PR 00705 7819451 0 X X 1950 PR IT IS A NON PROFIT ORGANIZATION AND IS PRIMARILY DEDICATED TO RECEIVE SAVINGS FROM ITS MEMBERS IN THE FORM OF SHARES AND DEPOSITS. 9 9 40 0 0 0 0 0 0 0 5822413 6314749 702805 1504702 6525218 7819451 0 0 0 0 1560552 1741728 0 0 0 4211055 4399446 5771607 6141174 753611 1678277 136698918 142745242 109924231 114211834 26774687 28533408 SAVINGS AND CREDIT UNION OPERATION 0 0 INTEREST INCOME AND OTHER INCOME OF $7,819,451 AND TOTAL EXPENSES OF $6,141,174. 0 0 0 0 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 40 1 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 0 1 1 0 1 0 PR X COOP AHORRO Y CREDITO AIBONITO 7877354131 PO BOX 422 AIBONITO PR 00705 CARLOS F ORTIZ DIAZ PRESIDENT 40 0 X 109990 0 0 HAROL O COLON VP OF OPERATION 40 0 X 53621 0 0 MINERVA RIVERA CARDENALES MANAGER OF PLATAFORM AND SECURITY 40 0 X 51630 0 0 EDGARDO ORTIZ GUITERREZ MANAGER OF COMPLIANCE 40 0 X 46024 0 0 JESSICA ARROYO ALVARADO MANAGER OF CREDIT 40 0 X 42707 0 0 VIANEY TORRES MANAGER OF CHARGES 40 0 X 42592 0 0 JAVIER RODRIGUEZ SUPERVISOR OF INFORMATION SYSTEM 40 0 X 42571 0 0 MARILINA HUERTAS BERRIOS MANAGER OF ACCOUNTING 40 0 X 41614 0 0 ROBERTO MORENO MANAGER OF PLATFORM 40 0 X 37246 0 0 HERIBERTO RODRIGUEZ MANAGER OF CALL CENTER AND MARKETING 40 0 X 28976 0 0 496971 0 0 1 0 0 0 0 0 0 6314749 6314749 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1504702 1504702 0 0 1504702 7819451 7819451 0 0 X 496971 496971 1033486 1033486 65586 65586 145685 145685 160418 160418 298706 298706 126359 126359 17981 17981 57067 57067 513167 513167 323805 323805 623351 623351 UTILITIES 138462 0 138462 0 REPAIR AND MAINTENANCE 436570 0 436570 0 HEALT PLAN 194347 0 194347 0 PROVISION OF BAD LOANS 350000 0 350000 0 1159213 0 1159213 0 6141174 0 6141174 0 29905649 18506009 7850000 6400000 288307 455720 85674959 92936548 5244861 3432486 1979823 1812375 3252955 14896455 3843883 3991020 3903342 3747115 136698918 142745242 536347 712489 109387884 113499345 109924231 114211834 X 19781460 20570315 6843227 7713093 150000 250000 26774687 28533408 136698918 142745242 X 1678277 0 0 0 0 80444 X 0 1 X 0 0 70000 0 70000 1441374 0 1156600 284774 1838123 0 1201683 636440 1833369 0 1064904 768465 61995 0 9299 52696 1812375 DEPOSITS 88750476 CERTIFICATED OF DEPOSITS 24748869 113499345 7819451 0 0 0 0 0 7819451 0 0 0 7819451 6141174 0 0 0 0 0 6141174 0 0 0 6141174 VIANEY TORRES MALDONADO MANAGER OF CHARGES MORTGAGE LOAN X 39000 34871 0 1 1 VIANEY TORRES MALDONADO MANAGER OF CHARGES CONSUMER LOAN X 25358 6305 0 1 1 VIANEY TORRES MALDONADO MANAGER OF CHARGES CONSUMER LOAN X 15000 10775 0 1 1 VIANEY TORRES MALDONADO MANAGER OF CHARGES CONSUMER LOAN X 25000 21918 0 1 1 CARLOS F ORTIZ DIAZ PRESIDENT CONSUMER LOAN X 35000 25129 0 1 1 CARLOS F ORTIZ DIAZ PRESIDENT AUTO LOAN X 39254 18494 0 1 1 CARLOS F ORTIZ DIAZ PRESIDENT MORTGAGE LOAN X 144000 37435 0 1 1 CARLOS F ORTIZ DIAZ PRESIDENT CONSUMER LOAN X 11000 10097 0 1 1 CARLOS F ORTIZ DIAZ PRESIDENT CONSUMER LOAN X 10000 9667 0 1 1 MINERVA RIVERA CARDENALES MANAGEROF PLATAFORM AND SECURITY AUTO LOAN X 33924 14705 0 1 1 MINERVA RIVERA CARDENALES MANAGER PLATAFORM AND SECURITY CONSUMER LOAN X 25000 15373 0 1 1 MINERVA RIVERA CARDENALES MANAGER PLATAFORM AND SECURITY CONSUMER LOAN X 1800 1800 0 1 1 EDGAR ORTIZ GUTIERREZ MANGER OF COMPLIANCE CONSUMER LOAN X 15000 12935 0 1 1 JESSICA ARROYO ALVARADO MANAGER OF CREDIT MORTGAGE LOAN X 85000 63738 0 1 1 JESSICA ARROYO ALVARADO MANAGER OF CREDIT CONSUMER LOAN X 25000 14843 0 1 1 JESSICA ARROYO ALVARADO MANAGER OF CREDIT CONSUMER LOAN X 15000 10883 0 1 1 JAVIER RODRIGUEZ CARATTINI MANAGER OF INFORMATION SYSTEM AUTO LOAN X 28995 21057 0 1 1 JAVIER RODRIGUEZ CARATTINI MANAGER OF INFORMATION SYSTEM CONSUMER LOAN X 2120 2012 0 1 1 MARILINA HUERTAS BERRIOS MANAGER OF ACCOUNTING CONSUMER LOAN X 15000 4636 0 1 1 MARILINA HUERTAS BERRIOS MANAGER OF ACCOUNTING CONSUMER LOAN X 900 246 0 1 1 HERIBERTO RODRIGUEZ ALVARADO MANAGER OF CALL CENTER AND MARKETING CONSUMER LOAN X 33500 17805 0 1 1 HERIBERTO RODRIGUEZ ALVARADO MANAGER OF CALL CENTER AND MARKETING CONSUMER LOAN X 23500 20243 0 1 1 HAROL OSVALDO COLON FONTANEZ VP OPERATION CONSUMER LOAN X 500 182 0 1 1 HAROL OSVALDO COLON FONTANEZ VP OPERATIONS CONSUMER LOAN X 25000 15784 0 1 1 HAROL OSVALDO COLON FONTANEZ VP OPERATION CONSUMER LOAN X 3000 2622 0 1 1 HAROL OSVALDO COLON FONTANEZ VP OPERATIONS MORTGAGE LOAN X 62802 62165 0 1 1 455720 Form 990, Part VI, Section A, Line 6 THE ORGANIZATION HAS MEMBERS CALLED "SOCIOS". EACH MEMBER CONTRIBUTES AT LEAST 120 DOLLARS IN SHARES. Form 990, Part VI, Section A, Line 7a EACH YEAR THE ORGANIZATION PERFORMS ITS ANNUAL STOCKHOLDERS MEETING WHERE MEMBERS OF THE GOVERNING BOARD ARE ELECTED FOR THREE YEAR PERIOD. Form 990, Part VI, Section A, Line 7b ONLY THOSE AFFECTING GENERAL RULES. Form 990, Part VI, Section B, Line 11b THE ORGANIZATION HAS TO SEND EVERY THREE MONTHS A REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS TO THE REGULATOR IN THIS CASE COSSEC. Form 990, Part VI, Section B, Line 15 THE ORGANIZATION HAS TO SEND EVERY THREE MONTHS A REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS TO THE REGULATOR IN THIS CASE COSSEC. Form 990, Part VI, Section C, Line 19 EACH YEAR THE ORGANIZATION PERFORMS ITS ANNUAL STOCKHOLDERS MEETING WHERE MEMBERS OF THE GOVERNING BOARD ARE ELECTED FOR A THREE YEAR PERIOD. ALSO AUDITED FINANCIAL STATEMENTS ARE DISCUSSED BY THE BOARD OF DIRECTORS WITH MEMBERS. FINANCIAL STATEMENTS ARE AVAILABLE FOR EACH MEMBER AT THE ANNUAL MEETING. Form 990, Part IX, Line 24e EDUCATION EXPENSES $19,929; DIRECTOR EXPENSES $70,444; ACTIVITIES $35,835; DONATIONS $25,051; CREDIT REPORT $23,573,; MAINTENANCE OF ATM AND MASTER CARD $ 359,265; BANK FEES $68,359; PROVISION LOSSES REPOSSESSION PROPERTIES $16,442; LOSS ON SPECIAL AMORTIZATION LAW 220 $326,150, OTHER EXPENSES $214,165. Form 990, Part XI, Line 9 INCREASES IN SHARE $788,855; INCREASES IN CAPITAL RESERVE $83,914; INCREASES IN RESERVE FOR SOCIAL CAPITAL $62,545; INCREASES IN CONTINGENCY RESERVE $1,176,490; INCREASES IN CONTINGENCY RESERVE 10% $167,873; DECREASES IN COMPRESSING INCOME $-620,956, SURPLUS $-1,578,277.