TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) EDDIE ALICEA......................................................................
PRESIDENT

.................

85,485

(2) ANGEL NEGRON......................................................................
FINANCIAL DI

0.00
.................

44,526

(3) ROSSY FELICIANO SANTIAGO......................................................................
BOARD OF DIR

.................

125

(4) SANTOS NEGRON NEGRON......................................................................
BOARD OF DIR

.................

1,720

(5) ADELITA RIVERA......................................................................
BOARD OD DIR

.................

275

(6) CARMEN B FUENTES......................................................................
BOARD OF DIR

.................

250

(7) DONEL COSME DIAZ......................................................................
BOARD OF DIR

.................

1,355

(8) JOSE A PADILLA ORTIZ......................................................................
BOARD OF DIR

.................

2,140

(9) MILAGROS DELGADO......................................................................
BOARD OF DIR

.................

105

(10) MIGUEL A ROURA RUIZ......................................................................
BOARD OF DIR

.................

1,975

(11) PABLO VAZQUEZ RAMOS......................................................................
BOARD OF DIR

.................

1,950

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	6,530,268
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3	6,530,268
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	6,530,268

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	4,795,304
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3	4,795,304
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b	460,744
c	Add lines 4a and 4b.....................	4c	460,744
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	5,256,048

Return Reference	Explanation
SCHEDULE D, PAGE 4, PART XII, LINE 4B	BOOK / TAX DEPRECIATION DIFFERENCE 460,744

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

COOPERATIVA AC LA SAGRADA FAMILIA

Employer identification number

66-0269897

Return Reference	Explanation
FORM 990, PAGE 2, PART III, LINE 4D	DURING THE FISCAL YEAR ENDED DECEMBER 31,2015 THE INSTITUTION OBTAINED SAVINGS AND DEPOSITS FROM MEMBERS AND PROVIDES FINANCING SOURCES AND CONDITIONS, COMPETITIVE INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY.
FORM 990, PART VI	LINE 6: CLASSES OF MEMBER OR STOCKHOLDERS. THE ORGANIZATION IS COMPOSED OF MEMBER WHO JOIN VOLUNTARILY TO MEET THEIR COMMON ECOMONIC AND SOCIAL NEEDS. LINE 7A: ELECTION OF MEMBERS AND THEIR RIGHTS. THE MEMBERS OF THE ORGANIZATION HAVE THE POWER TO ELECT THE BOARD OF DIRECTORS FOR DIFFERENT TERMS AS PROVIDED BY THE LAW 225. DURING THE ANNUAL MEETING OF MEMBERS; WHICH IS HELD DURING THE SIX MONTHS FOLLOWING THE END OF THE FISCAL YEAR OF THE ORGANIZATION . OTHER COMMITTEES ARE ALSO ELECTED IN THIS ANNUAL MEETING SUCH AS THE SUPERVISORY COMMITTEE. LINE 7B:DECISIONS SUBJECT TO APPROVAL OF MEMBERS. THE BOARD OF DIRECTORS IS IN CHARGE OF THE GOVERNANCE DECISIONS OF THE ORGANIZATION. NEVERTHELESS, AN ADMINISTRATIVE MATTER PRESENTED BY A MEMBER IN THE ANNUAL MEETING OF MEMBERS BY MEANS OF A FORMAL PROPOSAL WHICH IS APPROVED BY THE MAJORITY OF THE VOTES WILL BE MANDATORY FOR THE PRESENT AND ABSENT MEMBERS AS LONG AS IT IS IN ACCORDANCE WITH THE GENERAL REGULATIONS OF THE INSTITUTION AND THE APPLICABLE LAWS. LINE 11B: ORGANIZATION'S PROCESS TO REVIEW FORM 990. WHEN FORM 990 IS READY FOR REVIEW THE BOARD OF DIRECTORS DISCUSS IT WITH THE PRESIDENT OF THE COOPERATIVE AND THE DIRECTORS OF FINANCE. ONCE THIS DISCUSSION IS COMPLETED, THE RETURN IS AUTHORIZED TO BE FILED WITH THE IRS. LINE 12C: ENFORCEMENT OF CONFLICTS POLICY. THE SUPERVISORY COMMITTEE OF THE BOARD OF DIRECTORS PERFORM THIS TASK. IN COMFORMITY WITH THE DISPOSITIONS OF THE LAW NUMBER 225. EVERY TRANSACTION INVOLVING A DIRECTOR,OFFICER OR KEY EMPLOYEE ARE EVALUATED BY THEM. LINE 15A: COMPENSATION PROCESS FOR TOP OFFICIAL. THEBOARD OF DIRECTORS IS INVOLVED IN THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE COOPERATIVE. LINE 15B: COMPENSATION PROCESS FOR OFFICERS. IN THE CASE OF THE KEY EMPLOYEES OF THE INSTITUTION,THE PROCESS IS PERFORMED BY THE EXECUTIVE DIRECTOR ALONG WITH THE HUMAN RESOURCES DIRECTOR. LINE 19: GOVERNING DOCUMENTS DISCLOSURE EXPLANATION. THE COOPERATIVE HAS AVAILABLE ITS FINANCIAL STATEMENTS, MEMBER MANUAL, BROCHURE, AND THE PRIVACITY POLICY TO PUBLIC INSPECTION.
FORM 990, PAGE 6, PART VI, LINE 11B	LINE 11B: ORGANIZATION'S PROCESS TO REVIEW FORM 990. WHEN FORM 990 IS READY FOR REVIEW THE BOARD OF DIRECTORS DISCUSS IT WITH THE PRESIDENT OF THE COOPERATIVE AND THE DIRECTORS OF FINANCE. ONCE THIS DISCUSSION IS COMPLETED, THE RETURN IS AUTHORIZED TO BE FILED WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12C	LINE 12C: ENFORCEMENT OF CONFLICTS POLICY. THE SUPERVISORY COMMITTEE OF THE BOARD OF DIRECTORS PERFORM THIS TASK. IN COMFORMITY WITH THE DISPOSITIONS OF THE LAW NUMBER 225. EVERY TRANSACTION INVOLVING A DIRECTOR,OFFICER OR KEY EMPLOYEE ARE EVALUATED BY THEM.
FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART IX, LINE 24E	REPAIRMENT AND MAINTENANC 0 200,017 0 OTHERS 0 170,065 0 PROV FEE FOR REPOSSED PRO 0 72,000 0 MAIL 0 68,628 0 CONTINUED EDUCATION 0 63,871 0 CREDIT REPORT 0 58,114 0
FORM 990, PART XI	ADDITIONAL INVESTMENT OF MEMBERS 16,854,972 WHIDRAWAL OF SHARES FROM MEMBERS (15,553,304) TRANSFER FROM DORMAT ACCOUNTS 238,136 OTHER TRANSFERS (FROM) TO THE SOCIAL RESERVE, NET (59,893) NON CREDIT PORTION OF THE IMPAIRMENT ON INVESTMENT (216,843) TOTAL 1,264,068
FORM 990, PART XI, LINE 9	1,264,068 TOTAL 1,264,068

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS BY PROMOTING EFECTIVE VALUES, FINANCIAL SOURCES AND THE COOPERATIVE MOVEMENT PHILOSOPHY.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	9
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	62
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	4,467,850	4,580,901
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,037,739	1,158,887
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	826,195	790,480
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	6,331,784	6,530,268
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	77,417	80,124
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,686,514	1,807,105
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	2,498,387	3,368,819
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	4,262,318	5,256,048
19	Revenue less expenses. Subtract line 18 from line 12.......	2,069,466	1,274,220
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	118,513,645	128,006,027
21	Total liabilities (Part X, line 26).............	49,558,878	56,512,972
22	Net assets or fund balances. Subtract line 21 from line 20.....	68,954,767	71,493,055

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 503,638 including grants of $ ) (Revenue $ 6,530,268 )
	DURING THE FISCAL YEAR ENDED DECEMBER 31,2015 THE INSTITUTION OBTAINED SAVINGS AND DEPOSITS FROM MEMBERS AND PROVIDES FINANCING SOURCES AND CONDITIONS, COMPETITIVE INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	DURING THE FISCAL YEAR ENDED DECEMBER 31,2015 THE INSTITUTION OBTAINED SAVINGS AND DEPOSITS FROM MEMBERS AND PROVIDES FINANCING SOURCES AND CONDITIONS, COMPETITIVE INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses503,638

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	130,011	9,895

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

		Business Code
2a	CONSUMER LENDING	4,580,901	4,580,901
b
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....		4,580,901

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			1,158,887	1,158,887
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	COMMISSIONS			380,588	380,588
b	OTHER MISCELLANEOUS			213,388	213,388
c	SERVICE CHARGE ACCOUNTS			196,504	196,504
d	All other revenue ....
e	Total. Add lines 11a–11d ......			790,480
12	Total revenue. See Instructions......			6,530,268	6,530,268

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members	80,124	80,124
5	Compensation of current officers, directors, trustees, and key employees ....	130,011		130,011
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	1,369,925		1,369,925
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	152,186		152,186
10	Payroll taxes ...........	154,983		154,983
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	52,381		52,381
c	Accounting ...........	19,350		19,350
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	155,061		155,061
12	Advertising and promotion ....	86,404		86,404
13	Office expenses .......	77,570		77,570
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	47,119		47,119
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	79,100		79,100
20	Interest ...........	197,381	197,381
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	460,744		460,744
23	Insurance ...	337,964	226,133	111,831
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	IMPAIRMENT ON INVESTMENT	393,591		393,591
b	CREDIT CARD AND ATH SERVI	341,117		341,117
c	PROVISION FOR POSSIBLE LO	250,000		250,000
d	UTILITIES	238,342		238,342
e	All other expenses	632,695		632,695
25	Total functional expenses. Add lines 1 through 24e	5,256,048	503,638	4,752,410	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			2,810,113	1	5,807,948
2	Savings and temporary cash investments .........			30,604,546	2	29,750,000
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....			56,673,095	7	62,839,935
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......			271,408	9	277,707
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	8,918,672
b	Less: accumulated depreciation	10b	4,089,189	4,295,449	10c	4,829,483
11	Investments—publicly traded securities .			19,411,791	11	19,923,057
12	Investments—other securities. See Part IV, line 11 .....			2,997,990	12	3,120,105
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............			792,664	14	632,120
15	Other assets. See Part IV, line 11 ...........			656,589	15	825,672
16	Total assets. Add lines 1 through 15 (must equal line 34)...			118,513,645	16	128,006,027

17	Accounts payable and accrued expenses .....	491,937	17	659,883
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D	49,066,941	25	55,853,089
26	Total liabilities. Add lines 17 through 25..	49,558,878	26	56,512,972

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....	60,828,405	30	63,138,178
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds	8,126,362	32	8,354,877
33	Total net assets or fund balances ...........	68,954,767	33	71,493,055
34	Total liabilities and net assets/fund balances ........	118,513,645	34	128,006,027

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land ...	1,318,946		1,318,946
b	Buildings	2,655,057	1,451,068	1,203,989
c	Leasehold improvements
d	Equipment ...	2,073,604	1,668,996	404,608
e	Other ...	2,871,065	969,125	1,901,940
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				4,829,483

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
DEPOSITS ACCOUNTS	46,949,902
CERTIFICATES OF DEPOSITS	5,777,730
SHARE DRAFTS ACCOUNTS	2,667,821
CHRISTMAS AND SUMMER SPECIAL ACCOUNT	457,636
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	55,853,089
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII