2019-06-24T18:41:46-07:00 2018-12-31 660722537 Llavona Casas CPA PSC CENTRO INTERNACIONAL DE MERCADEO TO TORRE 1 10 CARR 165 SUITE 7 GUAYNABO PR 00968 990 2018-01-01 660224450 COOPERATIVA DE AHORRO Y CREDITO SAN RAFAEL COOP 7878952050 PO BOX 1531 QUEBRADILLAS PR 00678 SARA JIMENEZ PRESIDENT 7878952050 2019-06-19 1 Fernando Llavona P01474680 7877648664 2019-06-03 196.12.173.10 2018 2019-02-21 02:37:17Z SARA JIMENEZ PO BOX 1531 QUEBRADILLAS PR 00678 10150937 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 60 0 0 0 0 0 8654249 8419331 828422 1731606 9482671 10150937 0 0 0 0 1715052 1502105 0 0 0 6485335 7089952 8200387 8592057 1282284 1558880 178873972 183766613 122994835 126228172 55879137 57538441 TO PROMOTE THE SAVING AMONG ITS MEMBERS BY SAVING DEPOSITS AND FINANCING SERVICES 0 0 INTEREST INCOME AND OTHER INCOME OF$10,150,937 AND TOTAL EXPENSES OF $8,592,057. 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 0 0 0 1 X 0 0 1 60 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 LARITZA MILLET TORRES DIRECTOR OF FINANCE 0 45 X 39253 0 0 ANNIE RODRIGUEZ VP OPERATIONS 0 45 X 43103 0 0 SARA M JIMENEZ GONZALEZ PRESIDENTE EJECUTIVA 0 55 X 88589 0 0 170945 0 0 0 0 0 0 FISERV PO BOX 745148 ATLANTA GA 303745148 PROGRAMMING SYSTEM 304458 MANPOWER INC 21271 NETWORK PLACE CHICAGO IL 606781212 PROFESIONAL SERVICES 141971 2 0 0 8419331 8419331 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1731606 1731606 0 0 1731606 10150937 10150937 0 0 X 170945 170945 1239259 1239259 91901 91901 627917 627917 247954 247954 161085 161085 86070 86070 20055 20055 39881 39881 1361446 1361446 338533 338533 577887 577887 PROVISION FOR LOAN LOSSES 580000 0 580000 0 REPAIRS AND MAINTENANCE 330698 0 330698 0 UTILITIES 198791 0 198791 0 MAINTENANCE OF ATM 234000 0 234000 0 2285635 0 2285635 0 8592057 0 8592057 0 16195048 15371364 18225000 17525000 76533 161547 93414826 96206058 9742077 6735426 3160374 3006651 25816471 28990988 7233163 8862508 14752557 13642497 178873972 183766613 1486834 1179540 121508001 125048632 122994835 126228172 X 40093344 40719420 15485793 16469021 300000 350000 55879137 57538441 178873972 183766613 X 1558880 0 0 0 0 100424 X 0 1 X 1 0 629695 0 629695 2630155 0 1181493 1448662 1321627 0 962883 358744 5044666 0 4539908 504758 115934 0 51142 64792 3006651 INTEREST RECEIVABLE 1050170 GOODWILL 893333 OTHER ASSETS 11698994 13642497 DEPOSITS 97327151 CERTIFICATE OF DEPOSITS 27721481 125048632 10150937 0 0 0 0 0 10150937 0 0 0 10150937 8592057 0 0 0 0 0 8592057 0 0 0 8592057 Form 990, Part V, Line 3b ALL INCOME ID FORM RELATED BUSSINESS Form 990, Part V, Line 13a THE COOPERATIVE DOES NOT ISSUE QUILIFIED HEALTH PLANS Form 990, Part V, Line 14b THE COOPERATIVE DO NOT RECEIVED PAYMENT OF TANNING SERVICES. Form 990, Part VI, Section A, Line 1a ALL MEMBERS OF GOBERNING BODYHAVE ANLY 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 ELCT 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 HE GOVERNING BODY EVALUATED THE EXECUTION AND APPROVE THE COMPENSATION IF ANY. 15b. THE EXECUTIVE PRESIDENT RECOMMEND THE COMPENSATION OF EMPLOYEE AND THE GOVERNING BODY APPROVE. Form 990, Part VI, Section C, Line 19 THE COOPERATIVE PUBLIC THE DOCUMENTS IN THE ANNUAL MEETING. Form 990, Part IX, Line 24e LOSS IN ESPECIAL INVESTMENT $708,262, EMPLOYEES RETIREMENT $75,675, EMPLOYEES MEDIC PLAN $239,235, INSURANCE IN SHARE AND DEPOSITS $205,054, AMORTIZATION $42,454, DELIVERY EXPENSES $68,676, BANK SERVICES $71,876, LOSS IN COLLECTIONS IN LOANS ON DEFAULT $348,569, EDUCATION $32,275, DIRECTOR EXPENSES $56,879, ACTIVITIES $52,571, DONATIONS $25,132, OTHER EXPENSES $230,510 Form 990, Part XI, Line 9 INCRESES IN SHARES $626,076; INCRESES IN INDIVISIBLE CAPITAL RESERVE $182,623; INCRESES RESERVE REQUIRED BY COSSEC $740,468; INCRESES IN RESERVE FOR CONTINGENCIES AND DEVELOPMENT $390,468, DECREASES IN COMPREHENSIVE COMPREHENSIVE NET LOSS $330,331; SURPLUS $ 1,508,880