Civic Intelligence

Cooperativa De Ahorro Y Credito Hatillo

EIN 66-0237982 • 501(c)14 • Hatillo, PR

View Organization Page

Profile

To obtain saving deposits from its members as sheres and deposits and financing sources in accordance with the cooperativae movement philosophy.

PO Box 95Hatillo, PR 00659-0095

www.haticoop.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

6th percentile

0.70x

Higher debt load relative to assets than 6% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

8th percentile

10.24x

Higher debt load relative to revenue than 8% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Net Margin

95th percentile

31%

Higher net margin than 95% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

3rd percentile

$51,494

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)14 • $100M-$250M nonprofits • Source year 2024

Asset Growth

26th percentile

0.1%

Faster asset growth than 26% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

33%

Faster revenue growth than 96% of similar nonprofits.

501(c)14 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$148,356,627

Up $143,490 (+0.1%) from 2023

Liabilities

Up

$103,159,239

Up $1,673,560 (+1.6%) from 2023

Net Assets

Down

$45,197,388

Down $1,530,070 (-3.3%) from 2023

Operations
Liabilities / Revenue8th percentileNet Margin95th percentile

Revenue

Up

$10,077,612

Up $2,498,855 (+33%) from 2023

Expenses

Up

$6,923,756

Up $1,215,569 (+21%) from 2023

Net Income

Up

$3,153,856

Up $1,283,286 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2012: $125,633,860Liabilities 2012: $75,885,173Net Assets 2012: $49,748,6772012Assets 2013: $127,209,667Liabilities 2013: $69,357,709Net Assets 2013: $57,851,9582013Assets 2014: $126,422,581Liabilities 2014: $65,057,872Net Assets 2014: $61,364,7092014Assets 2015: $127,171,534Liabilities 2015: $63,357,618Net Assets 2015: $63,813,9162015Assets 2016: $121,913,596Liabilities 2016: $60,413,998Net Assets 2016: $61,499,5982016Assets 2017: $119,442,703Liabilities 2017: $61,258,543Net Assets 2017: $58,184,1602017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $120,576,105Liabilities 2019: $67,707,951Net Assets 2019: $52,868,1542019Assets 2020: $132,373,549Liabilities 2020: $81,272,737Net Assets 2020: $51,100,8122020Assets 2021: $145,726,446Liabilities 2021: $96,746,056Net Assets 2021: $48,980,3902021Assets 2022: $149,166,933Liabilities 2022: $99,233,910Net Assets 2022: $49,933,0232022Assets 2023: $148,213,137Liabilities 2023: $101,485,679Net Assets 2023: $46,727,4582023Assets 2024: $148,356,627Liabilities 2024: $103,159,239Net Assets 2024: $45,197,3882024

Highlighted filing

2024

Assets$148,356,627
Liabilities$103,159,239
Net Assets$45,197,388
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2012: $7,764,874Expenses 2012: $5,865,224Net Income 2012: $1,899,6502012Revenue 2013: $2,570,957Expenses 2013: $5,241,886Net Income 2013: -$2,670,9292013Revenue 2014: $7,344,606Expenses 2014: $4,907,924Net Income 2014: $2,436,6822014Revenue 2015: $7,084,840Expenses 2015: $4,839,619Net Income 2015: $2,245,2212015Revenue 2016: $6,945,739Expenses 2016: $4,723,665Net Income 2016: $2,222,0742016Revenue 2017: $5,833,177Expenses 2017: $4,663,411Net Income 2017: $1,169,7662017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $5,999,849Expenses 2019: $5,355,301Net Income 2019: $644,5482019Revenue 2020: $6,497,398Expenses 2020: $5,706,038Net Income 2020: $791,3602020Revenue 2021: $10,204,313Expenses 2021: $9,103,075Net Income 2021: $1,101,2382021Revenue 2022: $7,701,719Expenses 2022: $5,736,927Net Income 2022: $1,964,7922022Revenue 2023: $7,578,757Expenses 2023: $5,708,187Net Income 2023: $1,870,5702023Revenue 2024: $10,077,612Expenses 2024: $6,923,756Net Income 2024: $3,153,8562024

Highlighted filing

2024

Revenue$10,077,612
Expenses$6,923,756
Net Income$3,153,856
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$148,356,627
Liabilities
$103,159,239
Net assets
$45,197,388
Revenue
$10,077,612
Expenses
$6,923,756
Net income
$3,153,856
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$148$103$45.2$10.1$6.92$3.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$148$101$46.7$7.58$5.71$1.87
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$149$99.2$49.9$7.70$5.74$1.96
2021Detailed filing. Detailed filing data is available for this year.$146$96.7$49.0$10.2$9.10$1.10
2020Summary only. Only limited summary data is available for this year.$132$81.3$51.1$6.50$5.71$0.79
2019Summary only. Only limited summary data is available for this year.$121$67.7$52.9$6.00$5.36$0.64
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$119$61.3$58.2$5.83$4.66$1.17
2016Summary only. Only limited summary data is available for this year.$122$60.4$61.5$6.95$4.72$2.22
2015Summary only. Only limited summary data is available for this year.$127$63.4$63.8$7.08$4.84$2.25
2014Summary only. Only limited summary data is available for this year.$126$65.1$61.4$7.34$4.91$2.44
2013Summary only. Only limited summary data is available for this year.$127$69.4$57.9$2.57$5.24$2.67
2012Summary only. Only limited summary data is available for this year.$126$75.9$49.7$7.76$5.87$1.90
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 28, 2021
Return Version
2020v4.0
Gross Receipts
$10,204,313
Mission and Program Overview

Mission

To obtain saving deposits from its members as sheres and deposits and financing sources in accordance with the cooperativae movement philosophy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$64,531,595$63,815,520▼ $716,075
Investments Other Securities$20,960,353$39,771,550▲ $18,811,197
Cap Stk Tr Prin Current Funds$38,268,381$38,358,932▲ $90,551
Cash and Non-Interest-Bearing Accounts$17,715,412$22,247,904▲ $4,532,492
Pd in Cap Srpls Land Bldg Eqp Fund$12,482,431$10,621,458▼ $1,860,973
Investments Program Related$4,939,548$5,167,583▲ $228,035
Savings and Temporary Cash Investments$8,075,000$3,825,000▼ $4,250,000
Land, Buildings, and Equipment, Net$4,208,150$3,313,624▼ $894,526
Accounts Receivable$710,165$538,011▼ $172,154
Rtn Earn Endowment Incm Other Fnds$350,000$0▼ $350,000
Prepaid Expenses and Deferred Charges$187,473$232,870▲ $45,397
Total Assets$132,373,549$145,726,446▲ $13,352,897
Other Assets Total$11,045,853$6,814,384▼ $4,231,469
Liabilities
Other Liabilities$80,354,121$95,637,866▲ $15,283,745
Accounts Payable and Accrued Expenses$918,616$1,108,190▲ $189,574
Total Liabilities$81,272,737$96,746,056▲ $15,473,319
Net Assets / Fund Balance
Total Net Assets Fund Balance$51,100,812$48,980,390▼ $2,120,422
Total Liabilities and Net Assets / Fund Balance$132,373,549$145,726,446▲ $13,352,897

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,646,717$856,405$0
Other Land Buildings$53,546$22,319$0
Land$1,032,220-$0
Equipment$266,450$2,247,773$0
Leasehold Improvements$314,691$727,541$0
Other Securities$39,771,550--
Compensation and Service Providers
Top Officer Pay3rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Luis Gerena RuizExecutive PresidentFT$85,383$85,383

Highest Paid Contractors

ContractorServicesLocationCompensation
Adecco Personal ServicesProfesional Services9 PR 869, Catano, PR 00962$213,293
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$6,176,515
Other Revenue
$4,027,798
Change in Net Assets
$1,101,238

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,204,313
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$10,204,313
Total Revenue per Form 990
$10,204,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,329,875
Salaries, Compensation, and Employee Benefits$1,773,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$4,681,840-$4,681,840
Other Salaries and Wages-$1,248,019-$1,248,019
Insurance-$584,195-$584,195
Interest-$399,066-$399,066
Depreciation Depletion-$316,450-$316,450
Fees for Services Other-$288,916-$288,916
Other Employee Benefits-$230,816-$230,816
Office Expenses-$151,549-$151,549
Other Expenses$0$146,599$0$146,599
Payroll Taxes-$118,790-$118,790
Advertising-$102,932-$102,932
Pension Plan Contributions-$90,192-$90,192
Current Officers, Directors, Trustees, and Key Employees-$85,383-$85,383
Conferences and Meetings-$6,540-$6,540
Total Functional Expenses$0$9,103,075$0$9,103,075

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,103,075
Total Expenses per Audited Statements$9,103,075
Total Expenses per Form 990$9,103,075
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Depositos$85,603,621
Certificared of Deposits$10,034,245
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is composed of members who join voluntarily to meet their common economic and social needs.”

Form 990, Part VI, Section A, Line 7A

“Each year the organization performs its annual stockholders meeting, where members of the governing board are elected for three year period.”

Form 990, Part VI, Section A, Line 7B

“Only those affecting general rules.”

Form 990, Part VI, Section B, Line 11B

“The organization has to send every three months a report on compliance with laws and regulations to the regulator in this case cossec.”

Form 990, Part VI, Section B, Line 12C

“The organization has to send every three months a report on compliance with laws and regulations to the regulator in this case cossec.”

Form 990, Part VI, Section B, Line 15

“The board of directors performs its annual stockholders meeting where members of the governing board are elected for a three-year period. Also audited financial statements are discussed by the board of director with members. Financial statements are available for each member at the annual meeting.”

Form 990, Part VI, Section C, Line 19

“Also the ceo has an employment formal contract or agreement each year the organization performs its annual stockholdrs meeting where members of the governing board are elected for a three-year period. Also audited financial statements are discussed by the board of directors with members. Financial statements are available for each member at the annual meeting.”

Filing and Contact Details

Filer

Filer Name
Cooperativa De Ahorro Y Credito Hatillo
EIN
66-0237982
Phone
7878983735
Address
PO BOX 95, HATILLO, PR 00659-0095

Signing Officer

Name
Luis Gerena
Title
Executive President
Phone
7878983735
Signed
2021-12-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis Gerena
Formed
1958
Legal Domicile
Pr
Voting Board Members
7
Independent Board Members
7
Employees
38
Volunteers
18

Preparer

Firm
Llavona Casas CPA PSC
Address
CENTRO INTERNACIONAL DE MERCADEO, TORRE 1 100 CARR 165 SUITE 708, GUAYNABO, PR 00968
Preparer
Fernando Llavona
Phone
7877648664
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Program expenses 17,082; education $18,645; director expenses $37,355; maintenance of atm y mastercard $305,639; fees and affliliations $5,493; donations $26,475; provision losses repossession properties $142,424 adn other expenses $129,798; loss on special amortization law 220 $3,998,929.”

Form 990, Part XI, Line 9

“Increases in share $90,551; increases in capital reserve $55,062; increases in reserve for social capital $37,789; increases in contingency reserve $1,046,176; decreases especial temporal reserve $-3,000,000, surplus $-1,451,238.”

Raw XML Appendix400 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0918616
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01108190
IRS990/AccountsReceivableGrp/BOYAmt0710165
IRS990/AccountsReceivableGrp/EOYAmt0538011
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OBTAIN SAVING DEPOSITS FROM ITS MEMBERS AS SHERES AND DEPOSITS AND FINANCING SOURCES IN ACCORDANCE WITH THE COOPERATIVAE MOVEMENT PHILOSOPHY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0102932
IRS990/AdvertisingGrp/TotalAmt0102932
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04681840
IRS990/AllOtherExpensesGrp/TotalAmt04681840
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd00
IRS990/BooksInCareOfDetail/PersonNm0LUIS GERENAN
IRS990/BooksInCareOfDetail/PhoneNum07878983735
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 95
IRS990/BooksInCareOfDetail/USAddress/CityNm0HATILLO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0006590095
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt038268381
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt038358932
IRS990/CashNonInterestBearingGrp/BOYAmt017715412
IRS990/CashNonInterestBearingGrp/EOYAmt022247904
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt085383
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085383
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt06540
IRS990/ConferencesMeetingsGrp/TotalAmt06540
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0213293
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt09 PR 869
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CATANO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd000962
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ADECCO PERSONAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc0PROFESIONAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06176515
IRS990/CYOtherExpensesAmt07329875
IRS990/CYOtherRevenueAmt04027798
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01101238
IRS990/CYSalariesCompEmpBnftPaidAmt01773200
IRS990/CYTotalExpensesAmt09103075
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010204313
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0316450
IRS990/DepreciationDepletionGrp/TotalAmt0316450
IRS990/Desc0DURING THE FISCAL YEAR ENDED ON JUNE 30, 2021 THE INSTITUION OBTAINED SAVING DEPOSITS FROM ITS MEMBERS AS SHARES AND DEPOSITS PROVIDING FINANCING TERMS AND CONDITION, INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0288916
IRS990/FeesForServicesOtherGrp/TotalAmt0288916
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0LUIS GERENA RUIZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt085383
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010204313
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0584195
IRS990/InsuranceGrp/TotalAmt0584195
IRS990/InterestGrp/ManagementAndGeneralAmt0399066
IRS990/InterestGrp/TotalAmt0399066
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06176515
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06176515
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt020960353
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt039771550
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04939548
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05167583
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03854038
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04208150
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03313624
IRS990/LandBldgEquipCostOrOtherBssAmt07167662
IRS990/LegalDomicileStateCd0PR
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt04027798
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04027798
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0TO OBTAIN SAVING DEPOSITS FROM ITS MEMBERS AS SHERES AND DEPOSITS AND FINANCING SOURCES IN ACCORDANCE WITH THE COOPERATIVAE MOVEMENT PHILOSOPHY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt051100812
IRS990/NetAssetsOrFundBalancesEOYAmt048980390
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0151549
IRS990/OfficeExpensesGrp/TotalAmt0151549
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011045853
IRS990/OtherAssetsTotalGrp/EOYAmt06814384
IRS990/OtherChangesInNetAssetsAmt0-3221660
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0230816
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0230816
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1ALLOWANCE FOR DOUBFUL ACCOUNTS
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0119363
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1350000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2182425
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3146599
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0119363
IRS990/OtherExpensesGrp/TotalAmt1350000
IRS990/OtherExpensesGrp/TotalAmt2182425
IRS990/OtherExpensesGrp/TotalAmt3146599
IRS990/OtherLiabilitiesGrp/BOYAmt080354121
IRS990/OtherLiabilitiesGrp/EOYAmt095637866
IRS990/OtherRevenueTotalAmt04027798
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01248019
IRS990/OtherSalariesAndWagesGrp/TotalAmt01248019
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt064531595
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt063815520
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0118790
IRS990/PayrollTaxesGrp/TotalAmt0118790
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt012482431
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt010621458
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt090192
IRS990/PensionPlanContributionsGrp/TotalAmt090192
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0187473
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0232870
IRS990/PrincipalOfficerNm0LUIS GERENA
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0130091
IRS990/PYInvestmentIncomeAmt02881
IRS990/PYOtherExpensesAmt03744487
IRS990/PYOtherRevenueAmt0446751
IRS990/PYProgramServiceRevenueAmt06047766
IRS990/PYRevenuesLessExpensesAmt0791360
IRS990/PYSalariesCompEmpBnftPaidAmt01831460
IRS990/PYTotalExpensesAmt05706038
IRS990/PYTotalRevenueAmt06497398
IRS990/ReconcilationRevenueExpnssAmt01101238
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0350000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08075000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03825000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01646717
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0856405
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02503122
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0266450
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02247773
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02514223
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09103075
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt01032220
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01032220
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0314691
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0727541
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01042232
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt053546
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022319
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt075865
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt085603621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110034245
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITOS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERTIFICARED OF DEPOSITS
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt039771550
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESMENT TO HELT TO MATURITY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010204313
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03313624
IRS990ScheduleD/TotalBookValueSecuritiesAmt039771550
IRS990ScheduleD/TotalExpensesPerForm990Amt09103075
IRS990ScheduleD/TotalLiabilityAmt095637866
IRS990ScheduleD/TotalRevenuePerForm990Amt010204313
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010204313
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09103075
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS COMPOSED OF MEMBERS WHO JOIN VOLUNTARILY TO MEET THEIR COMMON ECONOMIC AND SOCIAL NEEDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR THE ORGANIZATION PERFORMS ITS ANNUAL STOCKHOLDERS MEETING, WHERE MEMBERS OF THE GOVERNING BOARD ARE ELECTED FOR THREE YEAR PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONLY THOSE AFFECTING GENERAL RULES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS TO SEND EVERY THREE MONTHS A REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS TO THE REGULATOR IN THIS CASE COSSEC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS TO SEND EVERY THREE MONTHS A REPORT ON COMPLIANCE WITH LAWS AND REGULATIONS TO THE REGULATOR IN THIS CASE COSSEC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS PERFORMS ITS ANNUAL STOCKHOLDERS MEETING WHERE MEMBERS OF THE GOVERNING BOARD ARE ELECTED FOR A THREE-YEAR PERIOD. ALSO AUDITED FINANCIAL STATEMENTS ARE DISCUSSED BY THE BOARD OF DIRECTOR WITH MEMBERS. FINANCIAL STATEMENTS ARE AVAILABLE FOR EACH MEMBER AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALSO THE CEO HAS AN EMPLOYMENT FORMAL CONTRACT OR AGREEMENT EACH YEAR THE ORGANIZATION PERFORMS ITS ANNUAL STOCKHOLDRS MEETING WHERE MEMBERS OF THE GOVERNING BOARD ARE ELECTED FOR A THREE-YEAR PERIOD. ALSO AUDITED FINANCIAL STATEMENTS ARE DISCUSSED BY THE BOARD OF DIRECTORS WITH MEMBERS. FINANCIAL STATEMENTS ARE AVAILABLE FOR EACH MEMBER AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROGRAM EXPENSES 17,082; EDUCATION $18,645; DIRECTOR EXPENSES $37,355; MAINTENANCE OF ATM Y MASTERCARD $305,639; FEES AND AFFLILIATIONS $5,493; DONATIONS $26,475; PROVISION LOSSES REPOSSESSION PROPERTIES $142,424 ADN OTHER EXPENSES $129,798; LOSS ON SPECIAL AMORTIZATION LAW 220 $3,998,929.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INCREASES IN SHARE $90,551; INCREASES IN CAPITAL RESERVE $55,062; INCREASES IN RESERVE FOR SOCIAL CAPITAL $37,789; INCREASES IN CONTINGENCY RESERVE $1,046,176; DECREASES ESPECIAL TEMPORAL RESERVE $-3,000,000, SURPLUS $-1,451,238.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0132373549
IRS990/TotalAssetsEOYAmt0145726446
IRS990/TotalAssetsGrp/BOYAmt0132373549
IRS990/TotalAssetsGrp/EOYAmt0145726446
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09103075
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt09103075
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081272737
IRS990/TotalLiabilitiesEOYAmt096746056
IRS990/TotalLiabilitiesGrp/BOYAmt081272737
IRS990/TotalLiabilitiesGrp/EOYAmt096746056
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt051100812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt048980390
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt085383
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010204313
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010204313
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0132373549
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0145726446
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 95
IRS990/USAddress/CityNm0HATILLO
IRS990/USAddress/StateAbbreviationCd0PR
IRS990/USAddress/ZIPCd0006590095
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.HATICOOP.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LUIS GERENA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07878983735
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COOPERATIVA DE AHORRO Y CREDITO HATILLO
ReturnHeader/Filer/BusinessNameControlTxt0COOP
ReturnHeader/Filer/EIN0660237982
ReturnHeader/Filer/PhoneNum07878983735
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 95
ReturnHeader/Filer/USAddress/CityNm0HATILLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PR
ReturnHeader/Filer/USAddress/ZIPCd0006590095
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0660722537
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Llavona Casas CPA PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0CENTRO INTERNACIONAL DE MERCADEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0TORRE 1 100 CARR 165 SUITE 708
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GUAYNABO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd000968
ReturnHeader/PreparerPersonGrp/PhoneNum07877648664
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Fernando Llavona
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-01-28T15:04:58-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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