Overview
What is Colorado Credit Union?
Colorado Credit Union is a nonprofit organization based in Littleton, Colorado, with a PO Box address in Littleton, CO 80127. With a mission to promote thrift and provide affordable credit to its members, this credit union offers a wide range of financial products and services. It serves over 25,000 members and aims to help them accumulate savings, which can then be used to offer loans to the members. The credit union's core activities include promoting thrift and providing lower cost credit, allowing members the opportunity to save and borrow from their own shares. It has a workforce of 93 employees dedicated to serving its members' financial needs.
Official website here: www.ccu.org
Is Colorado Credit Union legitimate?
Colorado Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Colorado 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: $1,832,047
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,318,925
For more financial information, click here
Official website here: www.ccu.org
What is the mission statement of Colorado Credit Union?
The Colorado Credit Union is dedicated to promoting thrift among its members and offering them the opportunity to accumulate payments on shares. By doing so, the credit union is able to provide lower cost credit to its members. Its mission is twofold: to encourage saving and to lend money to members based on their savings. The credit union provides a diverse range of financial products and services to cater to the needs of its over 25,000 members.
Official website here: www.ccu.org
Who is the CEO of Colorado Credit Union?
Scott Sager is the Board Member of Colorado Credit Union. The CEO's salary of Colorado Credit Union is $375,152 and their total compensation is $416,010.
Official website here: www.ccu.org
What is the revenue of Colorado Credit Union?
Colorado Credit Union's revenue in 2022 was $17,858,120.
Official website here: www.ccu.org
Who are the executives of Colorado Credit Union and what are their salaries?
The average compensation at Colorado Credit Union during 2022 was $44,634. There are 93 employees at Colorado Credit Union.
Here are 25 key members and their salaries (Colorado Credit Union's CEO's salary is $375,152 and their total compensation is $416,010):
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $12,250
- Related: $0
- Other: $0
- Compensation: $375,152
- Related: $0
- Other: $40,858
- Compensation: $81,609
- Related: $0
- Other: $3,644
- Compensation: $236,309
- Related: $0
- Other: $38,663
- Compensation: $77,834
- Related: $0
- Other: $0
- Compensation: $153,172
- Related: $0
- Other: $27,183
- Compensation: $61,281
- Related: $0
- Other: $12,604
- Compensation: $131,521
- Related: $0
- Other: $14,984
- Compensation: $159,913
- Related: $0
- Other: $31,580
- Compensation: $120,657
- Related: $0
- Other: $20,198
- Compensation: $94,878
- Related: $0
- Other: $18,058
- Compensation: $189,022
- Related: $0
- Other: $28,051
- Compensation: $135,437
- Related: $0
- Other: $17,001
- Compensation: $112,009
- Related: $0
- Other: $20,317
- Compensation: $132,399
- Related: $0
- Other: $20,023
Official website here: www.ccu.org
Where can I find the form 990 for Colorado Credit Union?
Colorado Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccu.org
Learn more at the official website: www.ccu.org
Mission Statement of Colorado Credit Union
Colorado Credit Union, a thriving financial institution, is dedicated to the promotion of thrift among its members and the provision of affordable credit. By creating an opportunity for members to accumulate savings in the form of shares, the credit union allows them to access loans using their own accumulated funds. In essence, Colorado Credit Union serves as a platform for its members to save and borrow at lower costs.
Moreover, Colorado Credit Union extends an impressive range of financial products and services to its over 25,000 members. Building on its mission, the credit union aims to foster a culture of saving and financial responsibility within its community. This commitment to member savings not only strengthens the financial stability of individuals but also the credit union as a whole. By offering lower-cost credit, Colorado Credit Union empowers its members to meet their financial goals.
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Impact
October, 2024
Colorado Credit Union significantly impacts its community by promoting thrift and providing lower-cost credit to its over 25,000 members. Located in Littleton, Colorado, the credit union empowers individuals to save and invest in their future by allowing them to accumulate payments on shares. This model not only facilitates access to affordable loans but encourages responsible financial habits among its members.
Through a diverse array of financial products and services, Colorado Credit Union meets the varying needs of its membership base. By focusing on member-first practices, it fosters a sense of community and financial well-being, ultimately contributing to the economic stability of individuals and families in the area. The credit union's commitment to promoting thrift and affordable credit plays a vital role in enhancing the overall quality of life for its members and supports broader economic growth in the region.
This information is meant to be a general summary of Colorado 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: $5,307,451
- Program Service Revenue: $12,541,465
- Gross Receipts: $74,170,537
Assets and Liabilities:
- Total Assets: $373,673,157
- Total Liabilities: $338,140,119
- Net Assets: $35,533,038
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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
$9,066,128
OTHER INCOME
Revenue
$2,827,706
FEES AND CHARGES
Revenue
$647,631
Organization Details
Founding Year
1973
Phone
(303) 978-2274Principal Officer
Scott Sager
Main Address
PO BOX 270010, LITTLETON, CO, 801270001
Website
www.ccu.orgNTEE Category
Code: W60 - Public benefit
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