Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- PR-2, Manatí, 00674, Puerto Rico
- Website
- candelcoop.coop
- Founded
- 1957
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
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About the company
Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria (Candelcoop) is a non-profit credit union providing personalized financial services to members and clients in Puerto Rico, including savings accounts, loans, and more. As a certified Community Development Financial Institution (CDFI), Candelcoop has received multiple federal grants from the Department of the Treasury's Community Development Financial Institutions Fund to expand lending, investments, financial services and technical assistance to underserved communities.
Specifically, Candelcoop has been awarded federal funding under the following CDFI programs: The CDFI Equitable Recovery Program to respond to economic impacts of the COVID-19 pandemic through expanded lending and grantmaking ($3.7 million); the CDFI Program to promote economic revitalization and community development via organizational capacity building ($667,900 and $125,000); the Small Dollar Loan Program to increase affordable small dollar lending options ($271,988); and the Native Initiatives Program to foster economic self-determination in native communities. Grant awards have supported various eligible activities including loan funds, loan loss reserves, staffing, technology, training, and more. As a prime recipient, Candelcoop carries out award activities directly through its own operations to serve its mission of community and economic empowerment, with no known subrecipients.
Quick answers
Is Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria registered in SAM.gov?
Yes. Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria's SAM.gov registration is active through January 12, 2027.
What is Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria's CAGE code?
Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria's CAGE code is 8HJ98, and its Unique Entity ID (UEI) is RAVBH81KTEQ3.
What is Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria's most recent federal award?
Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria's most recent federal grant award is To provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand… (22ERP061116G), from Community Development Financial Institutions Fund, on April 10, 2023.
On GovTribe
See Cooperativa De Ahorro Y Credito Nuestra Senora De La Candelaria's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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