COOPERATIVA DE CREDITO CABO ROJO

EIN: 660270259 Public & Societal Benefit

CABO ROJO, PR

Total Revenue
$23,999,125
Total Expenses
$20,509,545
Total Assets
$349,338,092
Net Assets
$91,081,206
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
PR
Principal Officer
KERWIN MORALES
Phone
7878511337
Tax Period
2025-01-01 to 2025-12-31

COOPERATIVA DE CREDITO CABO ROJO, founded in 1956, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $24.0M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $20.5M left a modest 15% surplus.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $23,999,125

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $21,393,085
Other Revenue $2,606,040
TOTAL REVENUE $23,999,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,471,503
Fundraising Expenses $0
Program Expenses $0
Other Expenses $14,038,042
TOTAL EXPENSES $20,509,545

Year-over-Year Comparison

2025 2024 Change
Revenue $23,999,125 $22,162,963 +0.1%
Expenses $20,509,545 $18,679,007 +0.1%
Net Income $3,489,580 $3,483,956 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
91
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
6
$736,480
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kerwin Morales Rivera Executive president 60.00
Highest
$224,038 $21,400 $245,438
Jorge I Ferrer Lopez VP of finance 60.00
Key Emp
$147,084 $0 $147,084
Hector L Torres Cardona VP of credit 60.00
Key Emp
$97,586 $0 $97,586
Mayra Figueroa Lopez Software system manager 60.00
Key Emp
$130,216 $0 $130,216
Victor Mendez Zapata VP of Risk and Compliance 60.00
Key Emp
$107,463 $0 $107,463
Mariangely Cruz Aquino VP of Operations 60.00
Key Emp
$121,717 $0 $121,717
Nancy Ferrer Padilla VP of Human Resources 60.00
Key Emp
$132,414 $0 $132,414
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $23,999,125 $20,509,545 $349,338,092 $3,489,580
2024 $22,162,963 $18,679,007 $342,901,686 $3,483,956
2023 $22,910,793 $17,311,095 $325,992,664 $5,599,698
2022 $17,456,223 $13,566,606 $311,426,730 $3,889,617
2021 $13,105,590 $10,821,405 $305,759,931 $2,284,185
2020 $10,914,002 $9,517,369 $224,012,974 $1,396,633
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