Credit Unions Chartered In The State Of Colorado

Valley Educators Credit Union

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

EIN: 840528869 ✦ Alamosa, CO ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In The State Of Colorado?

Credit Unions Chartered in the State of Colorado, specifically referencing 183 Valley Educators Credit Union, is a nonprofit organization that operates as a State Chartered Credit Union. Their primary mission is to offer savings, checking, and loan services to their members. As a State Chartered Credit Union, they are authorized to operate within Colorado and provide financial assistance to their members. Their activities focus on facilitating monetary transactions and offering credit solutions, thereby contributing to the financial well-being of their members.

Is Credit Unions Chartered In The State Of Colorado legitimate?

Credit Unions Chartered In The State Of Colorado is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Colorado 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: $67,059
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,350

For more financial information, click here

What is the mission statement of Credit Unions Chartered In The State Of Colorado?

Credit Unions Chartered in the state of Colorado, such as 183 Valley Educators Credit Union, are dedicated to serving their members. Their primary mission is to offer savings and checking accounts, alongside loan services. These state-chartered credit unions aim to provide financial assistance to their members, fostering financial well-being within their community. By offering these services, they contribute to the financial stability and growth of their members.

Who is the CEO of Credit Unions Chartered In The State Of Colorado?

Laura Schell is the Treasurer of Credit Unions Chartered In The State Of Colorado.

What is the revenue of Credit Unions Chartered In The State Of Colorado?

Credit Unions Chartered In The State Of Colorado's revenue in 2022 was $410,696.

Who are the executives of Credit Unions Chartered In The State Of Colorado and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Colorado during 2022 was $32,352. There are 4 employees at Credit Unions Chartered In The State Of Colorado.


Here are 5 key members and their salaries:


Gary Godwin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kolupke (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Montano (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Velasquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Schell (Treasurer)
  • Compensation: $67,059
  • Related: $0
  • Other: $0
Where can I find the form 990 for Credit Unions Chartered In The State Of Colorado?

Credit Unions Chartered In The State Of Colorado's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Credit Unions Chartered In The State Of Colorado

Credit Unions Chartered in the State of Colorado, represented by 183 Valley Educators Credit Union, is dedicated to serving its members by offering savings, checking, and loan services. This mission-driven organization, as a State Chartered Credit Union, stands committed to providing financial assistance and support to its members, fostering financial stability and growth within the community. By offering a range of financial services, Credit Unions Chartered in the State of Colorado empowers its members to manage their finances effectively, promoting financial independence and security.

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Impact




October, 2024

Credit Unions Chartered in the State of Colorado play a significant role in the financial landscape of the region by providing essential banking services such as savings accounts, checking accounts, and loans to their members. By serving the community, these credit unions foster financial stability and empower individuals to achieve their financial goals.

For instance, the Valley Educators Credit Union in Alamosa offers a range of financial products tailored to meet the unique needs of its members, contributing to their overall well-being. By focusing on member satisfaction and financial education, these institutions help cultivate a sense of community and support economic growth.

Moreover, as local entities, they reinvest their earnings back into the community, supporting local initiatives and enhancing public benefit. This local orientation not only strengthens the financial security of individuals but also supports broader community development efforts in Colorado. Overall, Credit Unions Chartered in the State of Colorado serve a vital purpose in enhancing access to financial services and improving the quality of life for their members.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Colorado. 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
$410,696 (2022)
Expenses
$276,588 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $410,696
  • Gross Receipts: $410,696

Assets and Liabilities:

  • Total Assets: $5,862,063
  • Total Liabilities: $4,765,112
  • Net Assets: $1,096,951

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Programs

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

Consumer Lending

Revenue

$410,696

Organization Details

Founding Year

1959

Principal Officer

Laura Schell

Main Address

910 MAIN ST, ALAMOSA, CO, 811012462

NTEE Category

Code: W60 - Public benefit

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