Credit Unions Chartered In State Of Co 85 On Tap Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 840442238 ✦ Golden, CO ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In State Of Co 85 On Tap Credit Union?

Credit Unions Chartered In State Of Co 85 On Tap Credit Union is a nonprofit financial institution based in Golden, Colorado, with over 19,000 members. This credit union offers a diverse range of financial products and services to its members, promoting thrift and providing lower-cost credit. By encouraging members to save and accumulate payments on shares, the credit union enables loans from these savings to be made to fellow members. The mission of the credit union is to foster thrift and offer affordable credit opportunities among its members. The organization employs 76 people and serves its community from its location at 4690 Table Mountain Drive STE 200.


Official website here: www.ontapcu.org

Is Credit Unions Chartered In State Of Co 85 On Tap Credit Union legitimate?

Credit Unions Chartered In State Of Co 85 On Tap Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In State Of Co 85 On Tap Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,206,536
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,720,585

For more financial information, click here


Official website here: www.ontapcu.org

What is the mission statement of Credit Unions Chartered In State Of Co 85 On Tap Credit Union?

Credit Union 85 On Tap promotes thrift and offers affordable credit to its members. By enabling members to save and borrow from their own accumulated funds, the credit union fosters a culture of saving among its community. With a wide range of financial products and services, the credit union caters to the needs of its 19,000+ members, fostering financial growth and stability.


Official website here: www.ontapcu.org

Who is the CEO of Credit Unions Chartered In State Of Co 85 On Tap Credit Union?

Tracie Wilcox is the President/Ceo of Credit Unions Chartered In State Of Co 85 On Tap Credit Union. The CEO's salary of Credit Unions Chartered In State Of Co 85 On Tap Credit Union is $257,209 and their total compensation is $277,766.


Official website here: www.ontapcu.org

What is the revenue of Credit Unions Chartered In State Of Co 85 On Tap Credit Union?

Credit Unions Chartered In State Of Co 85 On Tap Credit Union's revenue in 2022 was $15,901,792.


Official website here: www.ontapcu.org

Who are the executives of Credit Unions Chartered In State Of Co 85 On Tap Credit Union and what are their salaries?

The average compensation at Credit Unions Chartered In State Of Co 85 On Tap Credit Union during 2022 was $64,831. There are 76 employees and 7 volunteers at Credit Unions Chartered In State Of Co 85 On Tap Credit Union.


Here are 17 key members and their salaries (Credit Unions Chartered In State Of Co 85 On Tap Credit Union's CEO's salary is $257,209 and their total compensation is $277,766):


Toni Houck (Chairman)
  • Compensation: $25,750
  • Related: $0
  • Other: $0
Dan Sung (Vice Chair)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Kirsten Johnson (Secretary/Treasurer)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
David Engle (Board Member)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Dean Valdez (Board Member)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Ralph Norman (Board Member)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Kenneth Hehir (Board Member)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Tracie Wilcox (President/Ceo)
  • Compensation: $257,209
  • Related: $0
  • Other: $20,557
Janelle Herrera (Vp Marketing)
  • Compensation: $137,667
  • Related: $0
  • Other: $21,680
Chris Bokovitz (Cio)
  • Compensation: $136,274
  • Related: $0
  • Other: $19,695
Amy Phillips (Chief Financial Officer)
  • Compensation: $156,280
  • Related: $0
  • Other: $15,510
Laurie Jensen (Member Engagement/Retail D)
  • Compensation: $127,760
  • Related: $0
  • Other: $14,081
Tony Nieto (Vp Of Lending)
  • Compensation: $144,898
  • Related: $0
  • Other: $22,043
Daisy Perez (Executive At Large)
  • Compensation: $138,896
  • Related: $0
  • Other: $7,694
Gene Lamansky (Controller)
  • Compensation: $116,113
  • Related: $0
  • Other: $20,303
Leslie Larson (Mortgage Consultant)
  • Compensation: $108,135
  • Related: $0
  • Other: $13,070
Michael Shepherd (Director Of Business Services)
  • Compensation: $114,586
  • Related: $0
  • Other: $13,409


Official website here: www.ontapcu.org

Where can I find the form 990 for Credit Unions Chartered In State Of Co 85 On Tap Credit Union?

Credit Unions Chartered In State Of Co 85 On Tap Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ontapcu.org

Learn more at the official website: www.ontapcu.org

Mission Statement of Credit Unions Chartered In State Of Co 85 On Tap Credit Union

Credit Unions Chartered In State Of Co 85 On Tap Credit Union is a mission-driven financial institution dedicated to promoting thrift and providing affordable credit to its members. By offering an opportunity for members to save and accumulate payments on shares, the credit union enables them to borrow from these savings, thereby reducing the cost of credit.

The credit union's primary goal is to help its members save money and improve their financial situations. By providing a range of financial products and services, it ensures that members have access to tools that facilitate their financial growth. With over 19,000 members served, the credit union has had a significant impact on the community.

Credit Unions Chartered In State Of Co 85 On Tap Credit Union's commitment to its members goes beyond just financial services. It aims to foster a savings culture among its members, empowering them to build a better financial future. The credit union's mission is to provide lower cost credit, making financial services more accessible to a broader population. In doing so, it helps to bridge the gap between those who have access to traditional banking services and those who may be underserved by the financial industry.

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Impact




October, 2024

Credit Unions Chartered In State Of Co 85 On Tap Credit Union plays a significant role in fostering financial well-being in its community. By prioritizing thrift, the credit union actively encourages its 19,000 members to save and access affordable credit. This commitment translates into a variety of financial products and services tailored to meet the needs of the members, which helps enhance their financial stability.

Located in Golden, CO, On Tap Credit Union offers its members an opportunity to accumulate savings through share accounts and provides accessible loan options funded by these savings. This strategy not only promotes responsible financial behavior but also strengthens the local economy by ensuring that members can secure the funds they need at lower costs compared to traditional financial institutions.

The emphasis on promoting thrift among members not only aids individual financial goals but also cultivates a shared sense of community investment. By supporting its members with financial education and resources, On Tap Credit Union helps foster economic empowerment and stability, benefitting not just its members, but the broader Golden community as well.




This information is meant to be a general summary of Credit Unions Chartered In State Of Co 85 On Tap Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$15,901,792 (2022)
Expenses
$13,663,927 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,156,334
  • Program Service Revenue: $14,740,544
  • Gross Receipts: $26,482,123

Assets and Liabilities:

  • Total Assets: $371,088,494
  • Total Liabilities: $341,639,664
  • Net Assets: $29,448,830

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS TO MEMBERS

Revenue

$10,924,643

OTHER INCOME

Revenue

$2,245,503

FEES AND OTHER CHARGES TO MEMBERS

Revenue

$1,570,398

Organization Details

Founding Year

1954

Principal Officer

Tracie Wilcox

Main Address

4690 TABLE MOUNTAIN DRIVE STE 200, GOLDEN, CO, 80403

NTEE Category

Code: W60 - Public benefit

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