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Filing year 2024

COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC

Manati, Puerto Rico·EIN 66-0220429·501(c)(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 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive President
Highest Compensated Employee
Median to 75th percentile
$169k
$180k
Base
$169k
Bonus
Other
Benefits
Vice President of Finance
Board Vice President
25th percentile to median
$75k
$80k
Vice President of Operations
Board Vice President
25th percentile to median
$65k
$70k
Vice President President Commercial and Mortgage
Board Vice President
25th percentile to median
$56k
$60k
Vice President Administration
Board Vice President
25th percentile to median
$52k
$55k
Department Manager Systems
Key Employee
25th percentile to median
$48k
$51k
Office Compliance
Key Employee
25th percentile to median
$46k
$49k
Human Resources Officer
Key Employee
10th to 25th percentile
$44k
$47k
Loan Manager
Key Employee
10th to 25th percentile
$43k
$46k
Internal Auditor
Key Employee
10th to 25th percentile
$43k
$46k
Branch Manager Manati Plaza
Key Employee
10th to 25th percentile
$41k
$43k
Suc Manager Vega Baja
Key Employee
10th to 25th percentile
$40k
$43k
Branch Manager Barceloneta
Key Employee
10th to 25th percentile
$37k
$40k
Branch Manager Cales Center
Key Employee
10th to 25th percentile
$37k
$40k
Branch Manager Express Ciales
Key Employee
10th to 25th percentile
$35k
$37k
Department Manager Collections
Key Employee
10th to 25th percentile
$35k
$37k
Executive Secretary
Key Employee
10th to 25th percentile
$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.

Pay for the position

Highest Compensated Employee pay rose 5% from 2023 to 2024, while revenue rose 13%.

$160k in 2023 to $169k in 2024.
  • Board Vice President pay rose 6% from 2023 to 2024.
  • Key Employee pay rose 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC

What does the Highest Compensated Employee of COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC earn?

In 2024, the Highest Compensated Employee of COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC received $168,600 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC falls between the median and the 75th percentile.

What are COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC's revenue and expenses?

In 2024, COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC reported $23.9M in total revenue and $18.5M in total expenses on its IRS Form 990.

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