COOPERATIVA DE AHORRO Y CREDITO DE MOROVIS
PO BOX 577, MOROVIS, PR 00687

Total Revenue
$4,391,671
Total Expenses
$4,138,351
Net Assets
$24,424,956

Organizations Filed Purposes: TO PROVIDE FINANCIAL SERVICES AS LOANS, SAVINGS AND ACCOUNTS MAINLY TO LOW INCOME SECTOR OF PEOPE IN PUERTO RICO. ALSO, CREDIT UNION MAKEA SOCIAL INVESMENT IN THE COMMUNITY.

THE PRIMARY PURPOSE OF THE COOPERATIVE IS TO RECEIVE DEPOSITS FROM ITS PARTNERS IN THE FORM OF SAVINGS AND STOCK, AND PROVIDE A SOURCE OF FINANCING AT LOWER COST THAN OFFERED BY OTHER FINANCIAL INSTITUTIONS. THE COOPERATIVE OFFERS A VARIETY OF FINANCIAL SERVICES, INCLUDING BUT NOT LIMITED TO SAVINGS AND CHECKING ACCOUNTS, PERSONAL LOANS, MORTGAGE LOANS, COMMERCIAL LOANS, RESOLVING CREDIT LINES AND OTHERS FINANCING SERVICES. INTEREST INCOME OF $4,391,671 AND TOTAL EXPENSES OF $4,138,351.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Maria S Marrero NegronEXECUTIVE PRESIDENT40$118,097
Maria Ocasio CintronVP OPERATIONS40$65,662
Yajaira Rivera NazarioCONTROLLER40$58,198
Javier ClaudioOFFICER OF COMPLIANCE40$19,924
Maite Matos GarciaOFFICER OF COMPLIANCE40$1,384

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022599349300637_public.xml