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FISCAL YEAR ENDED DECEMBER 31, 2024, THE INSTITUTION OBTAINED DEPOSITS FROM MEMBERS AND CONTINUED PROVIDING TO THEM AND THE COMMUNITY FINANCING SOURCES ALTERNATIVES WITH LOANS AT AFFORDABLE TERMS AS WELL AS ACCESSIBILITY TO TECHNOLOGY IN CHECKING, SAVING AND CREDIT PRODUCTS TO MANAGE THEIR PERSONAL FINANCES. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 117 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PR X COOPERATIVA A C DE MANATI 7878542214 68 PASEOS DEL ATENAS MANATI PR 00674 CANDIDO RIVERA LOPEZ EXECUTIVE PRESIDENT 40 X 248217 0 0 SORRY ADROVET VICE PRESIDENT PRESIDENT COMMERCIAL AND MORTGAGE 40 0 X 92394 0 0 ANDERSON MARTINEZ COLON VICE PRESIDENT OF FINANCE 40 0 X 84835 0 0 JOSEAN PAGAN KUILAN VICE PRESIDENT OF OPERATIONS 40 0 X 68164 0 0 MILAGROS ROMERO VICE PRESIDENT ADMINISTRATION 40 0 X 58966 0 0 IRIS ROMERO DEPARTMENT MANAGER SYSTEMS 40 0 X 53673 0 0 NORAIDA RODRIGUEZ CONCEPCION OFFICE COMPLIANCE 40 0 X 52016 0 0 MARIA MELENDEZ ZAYAS LOAN MANAGER 40 0 X 50294 0 0 BRIGMARIAN SANCHEZ HUMAN RESOURCES OFFICER 40 0 X 49419 0 0 DIANA NEGRON JIMENEZ INTERNAL AUDITOR 40 0 X 48119 0 0 VANESSA ROMERO BRANCH MANAGER MANATI PLAZA 40 X 46099 0 0 SHERLY MUNOZ SUC MANAGER VEGA BAJA 40 0 X 45394 0 0 YOLANDA OTERO BRANCH MANAGER BARCELONETA 40 0 X 41745 0 0 EMILY CARNEVALE BRANCH MANAGER CALES CENTER 40 0 X 41613 0 0 SAGER RODRIGUEZ BRANCH MANAGER EXPRESS CIALES 40 0 X 40690 0 0 LUIS ROBLES DEPARTMENT MANAGER COLLECTIONS 40 0 X 38330 0 0 ZALLIA CARDONA EXECUTIVE SECRETARY 40 0 X 36326 0 0 RICARDO ALVAREZ CLAS BOARD OF DIRECTORS 5 0 X 0 0 0 JOEL ROLON ALINDATO BOARD OF DIRECTORS 10 0 X 0 0 0 ANIBAL DELGADO BOARD OF DIRECTORS 5 0 X 0 0 0 DORIS CLASS BOARD OF DIRECTORS 5 0 X 0 0 0 HECTOR AULET MEJIAS BOARD OF DIRECTORS 5 0 X 0 0 0 HERIBERTO MARTINEZ GONZALEZ BOARD OF DIRECTORS 5 0 X 0 0 0 CARMEN SOTO CABAN BOARD OF DIRECTORS 5 0 X 0 0 0 ANGEL NOGUERAS BOARD OF DIRECTORS 5 0 X 0 0 0 CARMEN TORRES 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0 0 0 0 0 0 0 0 0 248217 0 0 0 MARIA MELENDEZ ZAYAS EMPLOYEE X 128000 102635 0 1 1 IRIS ROMERO REYES EMPLOYEE X 73950 52855 0 1 1 LUIS ROBLES SANCHEZ EMPLOYEE X 20000 12748 0 1 1 IRIS ROMERO REYES EMPLOYEE X 34000 28838 0 1 1 ZALLIA CARDONA GARCIA EMPLOYEE X 69000 66799 0 1 1 IRIS ROMERO REYES EMPLOYEE X 8000 6613 0 1 1 ZALLIA CARDONA GARCIA EMPLOYEE X 13000 11787 0 1 1 LUIS ROBLES SANCHEZ EMPLOYEE X 5000 3594 0 1 1 ZALLIA CARDONA GARCIA EMPLOYEE X 29995 27254 0 1 1 IRIS ROMERO REYES EMPLOYEE X 1700 1475 0 1 1 DIANA NEGRON JIMENEZ EMPLOYEE X 43295 40583 0 1 1 MARIA MELENDEZ ZAYAS EMPLOYEE X 6591 6314 0 1 1 LUIS ROBLES SANCHEZ EMPLOYEE X 1400 1058 0 1 1 DIANA NEGRON JIMENEZ EMPLOYEE X 25000 24782 0 1 1 VANESSA ROMERO ARROCHO EMPLOYEE X 35000 35000 0 1 1 422335 Form 990, Part VI, Section A, Line 6 THE ORGANIZATION HAS MEMBERS CALLED "SOCIOS" WHO JOIN VOLUNTARILY TO MEET THEIR ECONOMIC AND SOCIAL NEEDS. MEMBERS MUST CONTRIBUTE AT LEAST $10 IN SHARES (PAR VALUE) UPON ADMISSION AND AT LEAST $120 ANNUALLY TO ENJOY MEMBER'S BENEFITS. Form 990, Part VI, Section A, Line 7a THE ORGANIZATION'S MEMBERS HAVE THE POWER TO NOMINATE AND ELECT THE MEMBERS OF THE BOARD OF DIRECTORS AT THE ANNUAL MEMBER MEETING. THE BOARD OF DIRECTORS IS IN CHARGE OF GOVERNANCE DECISIONS OF THE ORGANIZATION. Form 990, Part VI, Section B, Line 11b THE RETURN IS REVISED BY THE COMPTROLLER OF THE INSTITUTION. THE EXECUTIVE PRESIDENT AND THE PRESIDENT OF THE BOARD OF DIRECTORS ARE THEN NOTIFIED THAT THE RETURN WAS PREPARED IN ACCORDANCE WITH ALL IRS REQUIREMENTS AND IS AVAILABLE FOR THEIR REVIEW, AS WELL AS THAT OF ANY MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 12c THE COMPLIANCE DEPARTMENT OF THE INSTITUTION IS IN CHARGE OF MONITORING THE PROCESS, TRANSACTIONS, AND ACCOUNT DETAILS, AMONG OTHER ASPECTS, RELATED TO MATTERS RELATED TO CONFLICT OF INTEREST. IN ACCORDANCE WITH THE ETHIC CODE, ALL EMPLOYEES AR REQUIRED TO REPORT ANY VIOLATION. Form 990, Part VI, Section B, Line 15 THE COMPENSATION IS ASSESSED AND COMPARED USING DATA OF SIMILAR POSITIONS IN OTHER CREDIT UNIONS IN PUERTO RICO. Form 990, Part VI, Section C, Line 19 THE CREDIT UNION HAS AVAILABLE ITS FINANCIAL STATEMENTS, MEMBERS, MANUAL BROCHURE, AND PRIVACY POLICY FOR PUBLIC INSPECTION. Form 990, Part IX, Line 24e PROVISION FOR CREDIT LOSSES $2,225,000; BANK SERVICES CHARGES $482,245; SALES TAX $124,676; GOVERNING BODIES EXPENSE $67,599; CREDIT REPORT SERVICES $45,832; DONATIONS AND COMMUNITY AIDS $26,333; HAULING OF FUNDS AND FREIGHT $67,703; SECURITY AND VIGILANCE $85,125; EMPLOYEE ACTIVITIES $72,850; COOPERATIVE EDUCATION AND SEMINARS $105,922; CONTRIBUTION TO LIGA DE COOPERATIVAS DE PUERTO RICO $12,500; REPAIRS TO REPOSSESSED PROPERTIES $196,414; ALLOWANCE AND LOSS IN SALES OF REPOSSESSED PROPERTIES $3,702; DEFERRED ACQUISITION COST AMORTIZATION (GOODWILL) $524,900; OTHER EXPENSES $281,317; Form 990, Part XI, Line 9 ADDITIONAL INVESTMENT IN SHARES FROM MEMBERS $6,949,791; SHARES WITHDRAWALS FROM MEMBERS ($5,382,377); UNDISTRIBUTED EARNINGS CAPITALIZED INTO SHARES $550,000; PREFERRED SHARES EMITTED NET $1,220,500; CLAIMED ACCOUNTS PREVIOUSLY TRANSFERRED TO INDIVISIBLE CAPITAL RESERVE $276,383; CONTRIBUTION TO INDIVISIBLE CAPITAL RESERVE $267,383; CONTRIBUTION TO CONTINGENCY RESERVE $534,765; RELEASE F SPECIAL TEMPORARY RESERVE AS OTHER INCOME $1,838,755; TRANSFER OF SPECIAL TEMPORARY RESERVE TO CONTINGENCY RESERVE ($714,707); SPECIAL TEMPORARY RESERVE TRANSFERRED TO CONTINGENCY RESERVE $714,707; UNDISTRIBUTED EARNINGS TRANSFERRED TO CONTINGENCY RESERVE $3,908,003; DIVIDENDS DECLARED UPON PREFERRED SHARES; (337,500); OTHER CHANGES IN UNDISTRIBUTED EARNINGS ($5,260,151).