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Nonprofit · EIN 66-0270259

COOPERATIVA DE CREDITO CABO ROJO

Tax-exempt · CABO ROJO, PR 00623

Financials

$22.9M$17.3M2023$22.2M$18.7M2024$24M$20.5M2025
Revenue Expenses · by fiscal year end
Financials of COOPERATIVA DE CREDITO CABO ROJO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$23,999,125$20,509,545$3,489,580$349,338,092$258,256,886$91,081,206
December 31, 2024990$22,162,963$18,679,007$3,483,956$342,901,686$255,127,855$87,773,831
December 31, 2023990$22,910,793$17,311,095$5,599,698$325,992,664$241,722,814$84,269,850
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$21,393,085
Other revenue
$2,606,040

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$6,471,503
Salaries, compensation and benefits (total)
$6,471,503
Professional fundraising fees
$0
Occupancy
$267,541
Depreciation
$849,804
Management and general (functional)
$20,509,545

Balance sheet and other

Total assets, start of year
$342,901,686
Total assets, end of year
$349,338,092
Total liabilities, end of year
$258,256,886
Net assets, end of year
$91,081,206
Land, buildings and equipment
$9,939,500
Publicly traded securities
$45,227,657
Gross receipts
$23,999,125
Employees
91
Volunteers
19
Year formed
1956
State of legal domicile
PR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Kerwin Morales RiveraExecutive president
Highest-paid employee
60$224,038$21,400
Jorge I Ferrer LopezVP of finance
Key employee
60$147,084$0
Nancy Ferrer PadillaVP of Human Resources
Key employee
60$132,414$0
Mayra Figueroa LopezSoftware system manager
Key employee
60$130,216$0
Mariangely Cruz AquinoVP of Operations
Key employee
60$121,717$0
Victor Mendez ZapataVP of Risk and Compliance
Key employee
60$107,463$0
Hector L Torres CardonaVP of credit
Key employee
60$97,586$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
Kerwin Morales RiveraExecutive president
Highest-paid employee
60$200,000$36,000
Jorge I Ferrer LopezVP of finance
Key employee
60$120,434$0
Mayra Figueroa LopezSoftware system manager
Key employee
60$114,096$0
Mariangely Cruz AquinoVP of Operations
Key employee
60$107,945$0
Nancy Ferrer PadillaVP of Human Resources
Key employee
60$104,887$0
Victor Mendez ZapataVP of Risk and Compliance
Key employee
60$103,906$0
Hector L Torres CardonaVP of credit
Key employee
60$55,582$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Kerwin Morales RiveraExecutive president
Highest-paid employee
60$200,848
Jorge I Ferrer LopezVP of finance
Key employee
60$95,625
Mayra Figueroa LopezSoftware system manager
Key employee
60$89,152
Mariangely Cruz AquinoHuman resources director
Key employee
60$83,758
Victor Mendez ZapataInternal auditor
Key employee
60$82,633
Luisette Ayala SantanaVP of credit
Key employee
60$54,837

Address and contacts

Address (IRS master file)
CARR 100 KM 70 BO M, CABO ROJO, PR 00623-0000
In care of
% KERWIN MORALES
Principal officer (990 for 2025)
KERWIN MORALES, PO BOX 99, CABO ROJO, PR 006230099
Signed the 990
Jorge Ferrrer, VP of Finance
Phone
(787) 851-1337
Return prepared by
GONZALEZ TORRES & CO CPA PSC

Mission

A non profit organization engaged primarily to received savings from its members in the form of shares and deposits.

990 for the year ended December 31, 2025

Program accomplishments

  • The credit union keeps providing financial services to its members and to the community. The credit union is providing financing options to the members that need it.
    grants $20,509,545 · revenue $23,999,125

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
66-0270259
Tax-exempt status
501(c)(14): State-chartered credit union
Donations deductible
No
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$349,338,092
Income (IRS master file)
$23,999,125

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$23,999,125$20,509,545$349,338,092XML
990December 2024$22,162,963$18,679,007$342,901,686XML
990December 2023$22,910,793$17,311,095$325,992,664XML
990December 2022$17,456,223$13,566,606$311,426,730IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 66-0270259).

Questions about COOPERATIVA DE CREDITO CABO ROJO

What is the EIN of COOPERATIVA DE CREDITO CABO ROJO?
The employer identification number (EIN) of COOPERATIVA DE CREDITO CABO ROJO is 66-0270259.
Is COOPERATIVA DE CREDITO CABO ROJO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 2005.
Are donations to COOPERATIVA DE CREDITO CABO ROJO tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COOPERATIVA DE CREDITO CABO ROJO file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COOPERATIVA DE CREDITO CABO ROJO due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COOPERATIVA DE CREDITO CABO ROJO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COOPERATIVA DE CREDITO CABO ROJO?
The 990 for the year ended December 31, 2025 names KERWIN MORALES.
Who are the officers and directors of COOPERATIVA DE CREDITO CABO ROJO?
The 990 for the year ended December 31, 2025 lists 7 people; 7 received compensation from the organization, the highest $224,038 (Kerwin Morales Rivera, Executive president).
How much revenue does COOPERATIVA DE CREDITO CABO ROJO have?
On its 990 for the year ended December 31, 2025 it reported revenue of $23,999,125, expenses of $20,509,545 and total assets of $349,338,092 at year end.

Other nonprofits in CABO ROJO

All nonprofits in CABO ROJO · Puerto Rico · Public and societal benefit