2024-11-15T19:46:36-07:00 2023-12-31 660913879 CPA Benjamin Rosario Rosario PO BOX 29428 65TH INFANTRY STATION SAN JUAN PUERTO RICO RQ 00778 990 2023-01-01 660217489 COOPERATIVA DE AHORRO Y CREDITO DE AGUADILLA COOP 7878911755 PO BOX 541 AGUADILLA PUERTO RICO RQ 00605 SANDRA LARACUENTE OPERATIONS MANAGER 7878911755 2024-11-15 1 1 Benjamin Rosario P02289221 7879226222 2024-11-15 X 2023 2024-10-15 13:58:12Z Sandra Laracuente PO BOX 541 AGUADILLA PUERTO RICO RQ 00605 8169219 0 X X STATE CREDIT UNION 1948 PR THE ORGANIZATION IS A CREDIT UNION THAT PROVIDED SERVICES OF SAVINGS ACCOUNTS AND LOANS TO MEMBER AND NON MEMBERS. 7 7 45 7 0 0 0 0 0 0 5404921 6758669 1106640 1410550 6511561 8169219 0 0 0 0 1662288 1904577 0 0 0 4071816 5401147 5734104 7305724 777457 863495 137180586 148392243 120863021 131072990 16317565 17319253 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. 0 0 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. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 45 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 0 0 0 1 1 1 0 PR X COOPERATIVA DE AHORRO Y CREDITO DE AGUADILLA 7878911755 PO BOX 541 AGUADILLA PUERTO RICO RQ 00605 Carlos Camacho Executive President 40 0 X 127415 0 0 Sandra Laracuente Gerente Operaciones 40 0 X 44615 0 0 Raul Velez President 4 0 X 0 0 0 Carmen S Pagan Vicepresident 4 0 X 0 0 0 Fe Hurtado Secretary 4 0 X 0 0 0 Henry Falu Treasurer 4 0 X 0 0 0 Agustin Soto Director 4 0 X 0 0 0 Luz Rosaly Director 4 0 X 0 0 0 Heriberto Muriel Treasurer 4 0 X 0 0 0 172030 0 0 0 0 0 0 0 0 0 6207495 6207495 0 0 551174 551174 0 0 0 0 0 0 0 0 0 0 RENT REVENUE 900099 160409 160409 0 0 MEMBER FEES 900099 1250141 1250141 0 0 0 0 0 0 1410550 8169219 8169219 0 0 172030 172030 1248991 1248991 71271 71271 290003 290003 122282 122282 61268 61268 17500 17500 184058 184058 62193 62193 53239 53239 143282 143282 36490 36490 2155776 2155776 198958 198958 573052 573052 LOSSES PR BONDS LAW 220 870180 0 870180 0 PROVISION FOR LOAN LOSSES 318971 0 318971 0 BANK CHARGES 280879 0 280879 0 MAINTENANCE AND REPAIRS 224531 0 224531 0 220770 0 220770 0 7305724 0 7305724 0 13008208 21022503 763452 1105763 88733627 100849629 104324 172092 17281066 5092044 12584264 12189022 8156101 5073232 5309534 8757378 7743700 137180586 148392243 1850502 4617734 7892903 9217755 111119616 117237501 120863021 131072990 X 13337638 13558010 0 0 2979927 3761243 16317565 17319253 137180586 148392243 X 863495 0 0 0 0 138193 X 0 1 X 0 0 4285000 0 4285000 11564218 0 4078024 7486194 0 0 0 0 1375471 0 973480 401991 56377 0 40540 15837 12189022 FORECLOSED ASSETS 1352571 LOSSES FROM PR BONDS LAW 220 6091258 ANNUAL PAYMENT TO REGULATOR 181726 ASSETS IN PROCESS AND OTHER 118145 7743700 MEMBERS SAVINGS 49761422 CHRISTMAS AND SUMMER CLUB 157359 CERTIFICATES OF DEPOSITS 64221558 CHECKING ACCOUNTS 2252948 OTHER SAVINGS ACCOUNTS 844214 117237501 8169219 0 0 0 0 0 8169219 0 0 0 8169219 7305724 0 0 0 0 0 7305724 0 0 0 7305724 Form 990, Part VI, Section A, Line 6 ACCORDING TO THE STATE LAW #255, DEPOSITORS ARE MEMBERS AND OWNERS. Form 990, Part VI, Section A, Line 7a THE COOPERATIVE CELEBRATES EVERY YEAR AN ANNUAL MEETING IN WHICH MEMBERS (DEPOSITORS) ELECT MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Section B, Line 11b THE OPERATION MANAGER AND EXECUTIVE PRESIDENT VERIFIES THE RETURN BEFORE SIGNING IT AND HAS IT AVAILABLE FOR ANY OF THE DIRECTORS UPON REQUEST. Form 990, Part VI, Section B, Line 15 THE BOARD OF DIRECTORS VERIFIES THE SCALE IN THE INDUSTRY AND NEGOTIATE TERMS WITH THE KEY EMPLOYEES. Form 990, Part VI, Section C, Line 19 THE FINANCIAL STATEMENTS ARE PUBLIC BY STATE LAW 255 OF 2002. MANAGEMENT MAINTAINS THE DOCUMENTS AVAILABLE UPON REQUESTS AS LONG AS ANY DOCUMENT DISCLOSED IS MADE ACCORDING TO INTERNAL CONTROLS AND ESTABLISH PROCEDURES. Form 990, Part XI, Line 9 MEMBERS DEPOSITS IN SHARES BY $220,372 AND DORMANT ACCOUNTS WITHDRAWALS BY $82,179. Borinquen Town Corp Carr 107 KM 30 Aguadilla Puerto Rico RQ 00605 660742771 Rent PR N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 FILED AN EXTENSION, NO LATE FILING