2024-07-17T18:04:52-07:00 2023-12-31 660722537 Llavona Casas CPA PSC CENTRO INTERNACIONAL DE MERCADEO TORRE 1 100 CARR 165 SUITE 708 GUAYNABO PR 00968 990 2023-01-01 660224450 COOPERATIVA DE AHORRO Y CREDITO SAN RAFAEL DE QUE COOP 7878952050 PO BOX 1531 QUEBRADILLAS PR 00678 SARA JIMENEZ PRESIDNET 7878952050 2024-07-11 1 1 Fernando Llavona P01474680 7877648664 2024-07-08 X 2023 2024-08-08 14:25:15Z SARA JIMENEZ PO BOX 1531 QUEBRADILLA PR 00678 20006028 0 X WWW.SANRAFAEL.COOP X CREDIT UNION 1957 PR TO PROVIDE FINANCIAL SERVICES AS LOANS, SAVINGS AND ACCOUNTS MAINLY TO LOW INCOME SECTOR OF THE PUERTO RICO. ALSO, CREDIT UNION MAKE A SOCIAL INVESTMENT IN THE COMMUNITY. 9 9 56 0 0 0 0 0 0 5909828 10235564 12315660 1627108 1780540 11862672 20006028 0 0 0 0 2000894 2426300 0 0 0 6491203 7759418 8492097 10185718 3370575 9820310 218574543 226668640 164549063 160800355 54025480 65868285 TO PROMOTE THE SAVING AMONG ITS MEMBERS BY SAVING DEPOSITS AND FINANCING SERVICES 0 0 INTEREST INCOME AND OTHER INCOME OF$20,006,028 AND TOTAL EXPENSES OF $10,185,718. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 0 0 1 X 0 0 1 56 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 1 1 0 PR X COOPERATIVA DE A C SAN RAFAEL 7878952050 PO BOX1531 QUEBRADILLAS PR 00678 SARA M JIMENEZ GONZALEZ PRESIDENTE EJECUTIVA 55 0 X 118843 0 0 ANNIE RODRIGUEZ VP OPERATIONS 45 0 X 70789 0 0 LARITZA MILLET TORRES DIRECTOR OF FINANCE 45 0 X 62862 0 0 252494 0 0 1 0 0 0 FISERV PO BOX 745148 ATLANTA GA 303745148 PROGRAM SERVICE 316886 CARIBBEAN TEMPORARY SERVICES 1431 Ave de la Constitucion Suite 7 SAN JUAN PR 00910 CONSULTING 126202 2 0 CDFI FUNDS 522130 5909828 5909828 0 0 0 0 0 0 5909828 12315660 12315660 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1780540 1780540 0 0 1780540 20006028 20006028 0 0 252494 252494 1628332 1628332 84228 84228 280896 280896 180350 180350 675262 675262 439826 439826 140657 140657 0 101593 101593 24748 24748 43063 43063 1788194 1788194 413525 413525 960724 960724 PROVISION FOR LOAN LOSSES 1050251 0 1050251 0 REPAIRS AND MAINTENANCE 685213 0 685213 0 UTILITIES 185601 0 185601 0 MAINTENANCE OF ATM 364291 0 364291 0 886470 886470 10185718 0 10185718 0 25281013 17109854 9675000 8100044 162362 126664 107665704 123835885 11345867 8007597 3150203 3338270 60136045 60186200 9719749 10140093 2784467 3831630 218574543 226668640 1205082 1393495 163343981 159406860 164549063 160800355 X 45546227 45812514 7836253 18655771 643000 1400000 54025480 65868285 218574543 226668640 X 9820310 0 0 0 0 2022495 X 0 1 X 1 0 799695 0 799695 2808546 0 1492858 1315688 1978216 0 1507104 471112 5604149 0 4919860 684289 155261 0 87775 67486 3338270 DEPOSITS Y CERTIFICATED OF DEPOSITS 159406860 159406860 Form 990, Part V, Line 3b ALL INCOME ID FROM RELATED BUSSINESS. Form 990, Part V, Line 13a THE COOPERATIVE DOES NOT ISSUE QUALIFIED HEALTH PLANS. Form 990, Part V, Line 14b THE COOPREATIVE DO NOT RECEIVED PAYMENT OF TANNING SERVICES. Form 990, Part VI, Section A, Line 1a ALL MEMBERS OF GOVERMENT BODY HAVE ONLY ONE VOTE. Form 990, Part VI, Section A, Line 6 ALL PEOPLE IN THE COOPERATIVE ARE CLASSIFIED AS STOCKHOLDERS. Form 990, Part VI, Section A, Line 7a ALL STOCKHOLDERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Section B, Line 11b THE COOPERATIVE CONTRACT AN EXTERNAL CPA FIRM TO PREPARE AND REVIEW THE FORM 990. Form 990, Part VI, Section B, Line 15 THE BOARD OF DIRECTORS PERFORMS ANNUAL EVALUATION OVER CEO PERFORMANCE ALSO THE CEO HAS AN EMPLOYMENT FORMAL CONTRACT OR AGREEMENT. Form 990, Part VI, Section C, Line 19 THE COOPERATIVE PUBLIC THE DOCUMENTS IN THE ANNUAL MEETING. Form 990, Part XI, Line 9 INCREASES IN SHARES $266,287; INCREASES IN INDIVISIBLE CAPITAL RESERVE $91,798; INCREASES IN CONTIGENCIES RESERVE 10% $391,048; INCREASES IN RESERVE FOR CONTIGENCIES AND DEVELOMENT $8,476,738; INCREASES IN COMPREHENSIVE LOSS $1,859,934; CHANGE SURPLUS $-9,063,310.