Cooperativa De Ahorro Y Credito Padre Macdonald
Ponce, Ponce Doing business as Maccoop
- UEI
- ZWQSNEZ6H1R2
- CAGE
- 81RY4
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 25-39 Av. Muñoz Rivera, Ponce, 00717, Puerto Rico
- Website
- padremacdonald.com
- Founded
- 1956
- Employees
- 1-10
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Cooperativa De Ahorro Y Credito Padre Macdonald, doing business as Maccoop, is a nonprofit financial services cooperative based in Ponce, Puerto Rico, registered in the System for Award Management (SAM) since February 2018. As a certified Community Development Financial Institution (CDFI), Maccoop provides banking products, lending, and other financial services to underserved members, with a focus on low- and moderate-income communities. The organization primarily receives federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, targeting economic revitalization and community development through strategic financial support and technical assistance.
Maccoop has received multiple federal grant awards that demonstrate its commitment to serving disadvantaged communities and building organizational capacity. These grants include a $300,000 Project Grant in November 2024 for technical assistance and capacity building, a $2,478,839 Equitable Recovery Program (ERP) grant in April 2023 to expand lending and investment activities in communities impacted by the COVID-19 pandemic, and several technical assistance grants totaling $125,000 in 2021 and 2022. The grants are specifically designed to support the organization's efforts to provide financial services to rural and urban low-income communities, help unbanked and underbanked populations build credit, and enable greater access to affordable financial products. The funding supports activities such as personal and professional services, travel, training, equipment acquisition, and establishing loan loss reserve funds, all aimed at promoting economic development and financial inclusion in underserved areas.
Quick answers
Is Cooperativa De Ahorro Y Credito Padre Macdonald registered in SAM.gov?
Yes. Cooperativa De Ahorro Y Credito Padre Macdonald's SAM.gov registration is active through March 6, 2027.
What is Cooperativa De Ahorro Y Credito Padre Macdonald's most recent federal award?
Cooperativa De Ahorro Y Credito Padre Macdonald's most recent federal grant award is To promote economic revitalization and community development through technical assistance awards to build the… (241TA065390G), from Community Development Financial Institutions Fund, on November 21, 2024.
On GovTribe
See Cooperativa De Ahorro Y Credito Padre Macdonald's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors