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Filing year 2023

COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA

Manati, Puerto Rico·EIN 66-0266794·501(c)(14)
Total revenue
$18.7M
Total assets
$203.9M
Total expenses
$13.3M
Reported officers
2
Mission

The most significant activities of the organization is to offer loans to credit union members. Any net income and surplus provided from operations is distributed among members.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

CEO
75th to 90th percentile
$257k
$283k
Base
$257k
Bonus
Other
Benefits
Vicepresident of Operations
Key Employee
25th percentile to median
$80k
$88k

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.

Down 43%
from 2022

From $451k in 2022 to $257k in 2023.

$451k
2022
$257k
2023
In today's dollarsEst.
Down 45% in real terms$517k to $283k

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

Chief Executive Officer pay fell 43% from 2022 to 2023, while revenue rose 64%.

$451k in 2022 to $257k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 LA CANDELARIA reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.4M
$7.9M
2022
$18.7M
$13.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA

What does the Chief Executive Officer of COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA earn?

In 2023, the Chief Executive Officer of COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA received $257,163 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA falls between the 75th and 90th percentiles.

What are COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA's revenue and expenses?

In 2023, COOPERATIVA DE AHORRO Y CREDITO LA CANDELARIA reported $18.7M in total revenue and $13.3M in total expenses on its IRS Form 990.

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