COOPERATIVA AC LA SAGRADA FAMILIA

Address
PO BOX 102
COROZAL, PR 00786
Contact
Website: http://www.sagradafamilia.com
Phone: +1 (787) 859-2650
Nonprofit
NTEE: W61 - Credit Unions
EIN: 66-0269897

Mission

TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS BY PROMOTING EFECTIVE VALUES, FINANCIAL SOURCES AND THE COOPERATIVE MOVEMENT PHILOSOPHY.
 201620152014
Basic features of the organization
Year of formation1961
Subsection501(c)
Organization typeCREDIT UNION
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$145,874.00$130,011.00 
Sum of reportable (W2/1099) compensation$145,874.00$130,011.00 
Number of employees7362 
Number of highly compensated contractors1  
Personnel
Alicea, Eddie
TitlePRESIDENTPRESIDENT 
Name of key/compensated personEDDIE ALICEAEDDIE ALICEA 
Average hours per week working for org40.00  
Reportable compensation from org$97,799.00$85,485.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionOfficerInstitutional trustee 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Delgado, Milagros
Title BOARD OF DIR 
Name of key/compensated person MILAGROS DELGADO 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $105.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Diaz, Donel
TitleBOARD OF DIRBOARD OF DIR 
Name of key/compensated personDONEL COSME DIAZDONEL COSME DIAZ 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$960.00$1,355.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Fuentes, Carmen
Title BOARD OF DIR 
Name of key/compensated person CARMEN B FUENTES 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $250.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Gonzalez, Julia
TitleSECRETARY OF  
Name of key/compensated personJULIA ALICEA GONZALEZ  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$1,960.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Marrero, Andres
TitleBOARD OF DIR  
Name of key/compensated personANDRES ROLON MARRERO  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$1,200.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Marzan, Carlos
TitleBOARD OF DIR  
Name of key/compensated personCARLOS FIGUEROA MARZAN  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$1,920.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Negron, Angel
TitleFINANCIAL DIFINANCIAL DI 
Name of key/compensated personANGEL NEGRONANGEL NEGRON 
Average hours per week working for org40.000.00 
Reportable compensation from org$48,075.00$44,526.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionOfficerInstitutional trustee 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Negron, Santos
Title BOARD OF DIR 
Name of key/compensated person SANTOS NEGRON NEGRON 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $1,720.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Ortiz, Jose
Title BOARD OF DIR 
Name of key/compensated person JOSE A PADILLA ORTIZ 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $2,140.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Ramos, Pablo
TitlePRESIDENT OFBOARD OF DIR 
Name of key/compensated personPABLO VAZQUEZ RAMOSPABLO VAZQUEZ RAMOS 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$1,450.00$1,950.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Rivas, Lisaurie
TitleVICEPRESIDEN  
Name of key/compensated personLISAURIE TORRES RIVAS  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$1,260.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Rivera, Adelita
Title BOARD OD DIR 
Name of key/compensated person ADELITA RIVERA 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $275.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Ruiz, Miguel
TitleBOARD OF DIRBOARD OF DIR 
Name of key/compensated personMIGUEL A ROURA RUIZMIGUEL A ROURA RUIZ 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$1,280.00$1,975.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Santiago, Rossy
Title BOARD OF DIR 
Name of key/compensated person ROSSY FELICIANO SANTIAGO 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $125.00 
Position Individual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Santos, Manuel
TitleSUBSECRETARY  
Name of key/compensated personMANUEL COLON SANTOS  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$1,205.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Vazquez, Nimia
TitleBOARD OF DIR  
Name of key/compensated personNIMIA PEREZ VAZQUEZ  
Reportable compensation from org$0.00  
Other comp, non-reportable, from org and related orgs$550.00  
PositionIndividual trustee or director  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00  
Purpose: mission, activities & accomplishments
Mission or significant activitiesTO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS BY PROMOTING EFECTIVE VALUES, FINANCIAL SOURCES AND THE COOPERATIVE MOVEMENT PHILOSOPHY.TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS BY PROMOTING EFECTIVE VALUES, FINANCIAL SOURCES AND THE COOPERATIVE MOVEMENT PHILOSOPHY. 
Program expenses (total)$536,197.00$503,638.00 
Programs, including revenue & expenses
DURING THE FISCAL YEAR ENDED DECEMBER 31, 2016 THE INSTITUTION OBTAINED SAVINGS AND DEPOSITS FROM MEMBERS AND PROVIDES FNANCING SOURCES AND CONDITIONS, COMPETITIVE INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY.
Program expenses$536,197.00$503,638.00 
Program revenue$6,873,308.00$6,530,268.00 
Program descriptionDURING THE FISCAL YEAR ENDED DECEMBER 31, 2016 THE INSTITUTION OBTAINED SAVINGS AND DEPOSITS FROM MEMBERS AND PROVIDES FNANCING SOURCES AND CONDITIONS, COMPETITIVE INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY.DURING THE FISCAL YEAR ENDED DECEMBER 31,2015 THE INSTITUTION OBTAINED SAVINGS AND DEPOSITS FROM MEMBERS AND PROVIDES FINANCING SOURCES AND CONDITIONS, COMPETITIVE INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY. 
Financial data
Expense categories (totals)
Sum (total functional expenses)$6,325,740.00$5,256,048.00 
Program services (total functional expenses)$536,197.00$503,638.00 
Management & general (total functional expenses)$5,789,543.00$4,752,410.00 
Fundraising (total functional expenses)$0.00$0.00 
Revenue
Total revenue$6,873,308.00$6,530,268.00 
Program service revenue (total)$5,136,718.00$4,580,901.00$4,467,850.00
Revenue from contributions (total) $0.00$0.00
Investment income$831,633.00$1,158,887.00 
Total unrelated business revenue$0.00$0.00 
Other revenue, current yr$904,957.00$790,480.00 
Total revenue from grants, etc., current yr$0.00$0.00 
Gross receipts$6,873,308.00$6,530,268.00 
Other types of revenue
Miscellaneous revenue (total)$904,957.00$790,480.00 
Income from dividends, interest, and similar investments$831,633.00$1,158,887.00 
Net rental income $0.00$0.00
Fees for services
Legal fees (total) $52,381.00 
Fundraising service fees (total)$0.00$0.00 
General management fees (total)$377,384.00  
Accounting service fees (total) $19,350.00 
Assets and liabilities
Total assets$129,086,128.00$128,006,027.00$118,513,645.00
Total assets, beginning of year$128,006,027.00$118,513,645.00 
Total liabilities$57,082,071.00$56,512,972.00$49,558,878.00
Total liabilities, beginning of year$56,512,972.00$49,558,878.00 
Net assets$72,004,057.00$71,493,055.00 
Net assets, beginning of year$71,493,055.00$68,954,767.00 
Other liabilities$56,371,708.00$55,853,089.00 
Intangible assets$471,575.00$632,120.00 
Other assets$1,201,471.00$825,672.00 
Investments: other securities$3,199,121.00$3,120,105.00 
Investments: publicly traded securities$8,869,441.00$19,923,057.00 
Cash: non-interest bearing$16,509,775.00$5,807,948.00 
Cash: non-interest bearing, beginning of year$5,807,948.00$2,810,113.00 
Other financial variables
Revenue less expenses$547,568.00$1,274,220.00 
Advertising (total)$181,828.00$86,404.00 
Savings & temp cash investment$18,325,000.00$29,750,000.00 
Prepaid expenses & deferred charges$275,297.00$277,707.00 
Accounts payable & accrued expenses$710,363.00$659,883.00 
Total net assets or fund balances$72,004,057.00$71,493,055.00 
Depreciation, depletion, amortization$452,016.00$460,744.00 
Governance and accountability
Number of voting members99 
Number of independent voting members99 
Financial sheets auditedTrueTrue 
Tax year start date2016-01-012015-01-01 
Tax year end date2016-12-312015-12-31 
Has local chaptersTrueTrue 
Accounting methodAccrualAccrual 
Metadata about the filing
E-return type990990 
Date e-filing submitted2018-01-122017-01-13 
IRS schema version2016v3.02015v2.1 
Filing identifier201743199349316319201632599349300818 
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