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Filing year 2024

COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC

Manati, Puerto Rico·EIN 66-0220429·14
Total revenue
$23.9M
Total assets
$312.4M
Total expenses
$18.5M
Reported officers
26
Mission

TO OBTAIN SAVINGS DEPOSITS FROM ITS MEMBERS AS SHARES AND DEPOSITS AND OFFER FINANCING SOURCES FOLLOWING THE COOPERATIVE MOVEMENT PHILOSOPHY.

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Executive President
highest compensated employee
$169k
$180k
Vice President of Finance
vice president
$75k
$80k
Vice President of Operations
vice president
$65k
$70k
Vice President President Commercial and Mortgage
vice president
$56k
$60k
Vice President Administration
vice president
$52k
$55k
Department Manager Systems
key employee
$48k
$51k
Office Compliance
key employee
$46k
$49k
Human Resources Officer
key employee
$44k
$47k
Loan Manager
key employee
$43k
$46k
Internal Auditor
key employee
$43k
$46k
Branch Manager Manati Plaza
key employee
$41k
$43k
Suc Manager Vega Baja
key employee
$40k
$43k
Branch Manager Barceloneta
key employee
$37k
$40k
Branch Manager Cales Center
key employee
$37k
$40k
Branch Manager Express Ciales
key employee
$35k
$37k
Department Manager Collections
key employee
$35k
$37k
Executive Secretary
key employee
$32k
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with national BLS CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 5%
from 2023

From $160k in 2023 to $169k in 2024.

$160k
2023
$169k
2024
In today's dollarsEst.
Up 2% in real terms$176k to $180k

Estimated with national BLS CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$21.2M
$15.2M
2023
$23.9M
$18.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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