Arapahoe Credit Union

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

EIN: 840476152 ✦ Littleton, CO ✦ Designated as a 501(c)(14)

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Overview

What is Arapahoe Credit Union?

Arapahoe Credit Union is a financial institution based in Littleton, Colorado, specifically at 7201 S BROADWAY, 80122. As a credit union, it primarily offers consumer and real estate loans to its membership, alongside savings and investment accounts. Various delivery channels, like teller lines, shared branching, debit and credit cards, online banking, and bill pay, are employed to provide these services. Beyond financial products, Arapahoe Credit Union engages with its community and the Arapahoe County School District, providing resources for local events. The credit union's mission is to provide innovative financial solutions and quality services, aiming to help meet the daily financial needs and long-term goals of its members, all done through sound fiscal practice.


Official website here: www.arapahoecu.org

Is Arapahoe Credit Union legitimate?

Arapahoe Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Arapahoe 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: $821,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,846,452

For more financial information, click here


Official website here: www.arapahoecu.org

What is the mission statement of Arapahoe Credit Union?

Arapahoe Credit Union, through sound fiscal practices, exists with a mission to offer innovative financial products and deliver high-quality services. This mission aims to assist its members in meeting their daily financial needs and long-term goals. The credit union provides consumer and real estate loans, as well as savings and investment accounts. Various delivery channels are utilized to provide these products, such as teller lines, shared branching, debit and credit cards, online banking, and bill pay. Beyond offering these financial services, Arapahoe Credit Union participates in and provides resources for community events and activities, including those hosted by the Arapahoe County School District.


Official website here: www.arapahoecu.org

Who is the CEO of Arapahoe Credit Union?

Scott Ferndelli is the Director of Arapahoe Credit Union. The CEO's salary of Arapahoe Credit Union is $283,734 and their total compensation is $319,471.


Official website here: www.arapahoecu.org

What is the revenue of Arapahoe Credit Union?

Arapahoe Credit Union's revenue in 2022 was $10,675,326.


Official website here: www.arapahoecu.org

Who are the executives of Arapahoe Credit Union and what are their salaries?

There 9 volunteers at Arapahoe Credit Union.


Here are 11 key members and their salaries (Arapahoe Credit Union's CEO's salary is $283,734 and their total compensation is $319,471):


Bruce Karr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathi Erber (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Schumacher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Mcintosh (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Sexton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Roth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ferndelli (President/Ceo)
  • Compensation: $283,734
  • Related: $0
  • Other: $35,737
Shauna Exstrom (Vp Corp Admin)
  • Compensation: $149,867
  • Related: $0
  • Other: $10,980
Christine Eckhardt (Coo)
  • Compensation: $196,840
  • Related: $0
  • Other: $14,229
Christina Archuleta (Avp Of Finance)
  • Compensation: $109,594
  • Related: $0
  • Other: $20,620


Official website here: www.arapahoecu.org

Where can I find the form 990 for Arapahoe Credit Union?

Arapahoe Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arapahoecu.org

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

Mission Statement of Arapahoe Credit Union

Arapahoe Credit Union, in its mission, strives to uphold sound fiscal practices. Its primary goal is to offer innovative financial products and high-quality services that cater to the daily financial needs and long-term objectives of its members. By doing so, the credit union aims to contribute positively to the financial well-being of its members. Arapahoe Credit Union provides various financial solutions, including consumer loans, real estate loans, savings accounts, and investment options. To ensure accessibility, it utilizes various delivery channels such as teller lines, shared branching, debit and credit cards, online banking, and bill pay. In addition to these services, Arapahoe Credit Union actively participates in and provides resources for community events and initiatives, further demonstrating its commitment to its members.

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Impact




October, 2024

Arapahoe Credit Union significantly impacts its members and the broader community by offering a range of financial products and services designed to meet both daily needs and long-term financial goals. Through sound fiscal practices, it provides consumer and real estate loans, savings and investment accounts, and various delivery channels, including a teller service, shared branching, debit and credit cards, online banking, and bill pay.

In addition to these core services, Arapahoe Credit Union plays an active role in the community by providing resources and support for local events, particularly those related to the Arapahoe County School District. This involvement not only strengthens community ties but also promotes financial literacy and well-being among residents. Overall, Arapahoe Credit Union's commitment to innovative financial solutions and community support enhances the economic stability and quality of life for its members and neighbors in Littleton, Colorado.




This information is meant to be a general summary of Arapahoe 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
$10,675,326 (2022)
Expenses
$9,994,991 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $197,043
  • Program Service Revenue: $10,476,291
  • Gross Receipts: $10,675,326

Assets and Liabilities:

  • Total Assets: $173,082,508
  • Total Liabilities: $159,697,198
  • Net Assets: $13,385,310

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Programs

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

INTEREST MEMBER LOANS

Revenue

$8,708,867

FEES MEMBER SERVICE

Revenue

$1,362,781

LOAN SERVICING INCOME

Revenue

$404,643

Organization Details

Founding Year

1938

Principal Officer

Scott Ferndelli

Main Address

7201 S BROADWAY, LITTLETON, CO, 80122

NTEE Category

Code: W60 - Public benefit

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