Overview
What is Elevations Credit Union?
Elevations Credit Union is a financial institution based in Boulder, Colorado. They offer a range of banking products and services, including depository accounts and loans, to residents of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties. Their mission is to create solutions for a better life for their members. With a full array of financial solutions, Elevations Credit Union aims to make a positive impact on the lives of those it serves.
Official website here: www.elevationscu.com
Is Elevations Credit Union legitimate?
Elevations Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Elevations 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: $7,309,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,728,888
For more financial information, click here
Official website here: www.elevationscu.com
What is the mission statement of Elevations Credit Union?
Elevations Credit Union is dedicated to creating solutions that enhance members' lives. They serve communities in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties. The credit union offers a comprehensive range of financial products and services, including depository and loan solutions, as well as an ATM/debit program. Their mission goes beyond mere financial transactions, aiming to make a positive impact on their members' lives.
Official website here: www.elevationscu.com
Who is the CEO of Elevations Credit Union?
Gerry Agnes is the President/Ceo of Elevations Credit Union. The CEO's salary of Elevations Credit Union is $1,151,811 and their total compensation is $1,706,923.
Official website here: www.elevationscu.com
What is the revenue of Elevations Credit Union?
Elevations Credit Union's revenue in 2022 was $140,790,639.
Official website here: www.elevationscu.com
Who are the executives of Elevations Credit Union and what are their salaries?
The average compensation at Elevations Credit Union during 2022 was $75,198. There are 825 employees and 10 volunteers at Elevations Credit Union.
Here are 23 key members and their salaries (Elevations Credit Union's CEO's salary is $1,151,811 and their total compensation is $1,706,923):
- Compensation: $50,553
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $46,420
- Related: $0
- Other: $0
- Compensation: $50,246
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $22,747
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $48,214
- Related: $0
- Other: $0
- Compensation: $40,582
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $1,151,811
- Related: $0
- Other: $555,112
- Compensation: $721,132
- Related: $0
- Other: $200,970
- Compensation: $1,234,189
- Related: $0
- Other: $99,154
- Compensation: $1,054,401
- Related: $0
- Other: $14,147
- Compensation: $596,986
- Related: $0
- Other: $160,390
- Compensation: $640,731
- Related: $0
- Other: $134,191
- Compensation: $175,086
- Related: $0
- Other: $86,579
- Compensation: $55,769
- Related: $0
- Other: $10,152
- Compensation: $839,889
- Related: $0
- Other: $29,428
- Compensation: $989,966
- Related: $0
- Other: $130,777
- Compensation: $1,076,388
- Related: $0
- Other: $124,328
- Compensation: $1,181,149
- Related: $0
- Other: $20,792
- Compensation: $719,705
- Related: $0
- Other: $29,428
Official website here: www.elevationscu.com
Where can I find the form 990 for Elevations Credit Union?
Elevations Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elevationscu.com
Learn more at the official website: www.elevationscu.com
Mission Statement of Elevations Credit Union
Elevations Credit Union, headquartered in Colorado, is committed to creating solutions for a better life for its members. With a mission to serve the communities of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties, this financial institution goes beyond offering financial products and services.
Elevations Credit Union prides itself on providing a comprehensive range of depository and loan solutions for its members. These offerings include everything from savings and checking accounts to mortgages, auto loans, and personal loans. The credit union's ATM and debit program adds convenience to members' lives, allowing them to easily access their funds on the go.
At the heart of Elevations Credit Union's mission is the belief that finance plays a critical role in people's lives, and the institution is dedicated to helping its members navigate the complexities of financial management. By offering a full suite of financial products and services, Elevations Credit Union empowers its members to make informed decisions, save for the future, and ultimately improve their overall financial well-being.
In summary, Elevations Credit Union, a Colorado-based financial institution, is passionate about creating solutions for a better life for its members. By delivering a full array of depository and loan products, as well as an ATM/debit program, the credit union is dedicated to empowering its members to take control of their finances and build a brighter future.
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Impact
October, 2024
Elevations Credit Union creates a significant impact in the communities it serves throughout Colorado, specifically in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties. Focused on the mission of providing solutions for a better life, it offers a comprehensive range of financial products and services. These include various depository and loan options, as well as an ATM/debit program, all designed to meet the diverse needs of its members.
By prioritizing community well-being, Elevations Credit Union plays a vital role in enhancing financial literacy and empowering individuals to achieve their financial goals. This engagement fosters economic resilience and contributes to the overall growth and stability of the regions it serves. Through its commitment to local communities, Elevations Credit Union not only addresses immediate financial needs but also cultivates long-lasting relationships that promote a healthier financial future for many residents.
This information is meant to be a general summary of Elevations 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,596,925
- Program Service Revenue: $121,882,994
- Gross Receipts: $141,101,474
Assets and Liabilities:
- Total Assets: $3,294,550,654
- Total Liabilities: $3,011,449,917
- Net Assets: $283,100,737
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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
$78,864,504
GAIN ON SALE OF LOANS
Revenue
$16,453,246
INTERCHANGE INCOME
Revenue
$14,735,154
FEES AND SERVICE CHARGES
Revenue
$8,078,836
WEALTH MANAGEMENT INCOME
Revenue
$3,751,254
Organization Details
Founding Year
1952
Phone
(303) 443-4672Principal Officer
Gerry Agnes
Main Address
PO BOX 9004, BOULDER, CO, 803019004
Website
www.elevationscu.comNTEE Category
Code: W60 - Public benefit
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