One Thirteen Credit Union

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

EIN: 840685552 ✦ Colorado springs, CO ✦ Designated as a 501(c)(14)

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Overview

What is One Thirteen Credit Union?

One Thirteen Credit Union is a credit union situated in Colorado Springs, Colorado. Established as a state-chartered entity, its primary goal is to provide financial services to its members. As a credit union, it operates with a community-oriented focus, offering various financial products and services to its members. This nonprofit organization serves the local Colorado Springs community, contributing to the financial well-being of its members.


Official website here: www.113creditunion.com

Is One Thirteen Credit Union legitimate?

One Thirteen Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. One Thirteen 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,585

For more financial information, click here


Official website here: www.113creditunion.com

What is the mission statement of One Thirteen Credit Union?

One Thirteen Credit Union, as a credit union based in Colorado, has a mission to operate as a state-chartered institution. Their primary objective is to serve its members by adhering to the principles of a credit union, which is to promote financial well-being and provide financial services to its members. While the provided information is limited, it implies that One Thirteen Credit Union aims to provide financial services in a manner that aligns with the regulatory framework of a state-chartered credit union. The specific services or programs offered by the credit union are not detailed in the provided information.


Official website here: www.113creditunion.com

Who is the CEO of One Thirteen Credit Union?

Jaclyn Robertson is the Board Member of One Thirteen Credit Union.


Official website here: www.113creditunion.com

What is the revenue of One Thirteen Credit Union?

One Thirteen Credit Union's revenue in 2022 was $437,101.


Official website here: www.113creditunion.com

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

The average compensation at One Thirteen Credit Union during 2022 was $62,292. There are 2 employees and 12 volunteers at One Thirteen Credit Union.


Here are 7 key members and their salaries:


Adam Flory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Grimaldo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Hernandez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mondragon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rigdon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim Sharpton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Todd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.113creditunion.com

Where can I find the form 990 for One Thirteen Credit Union?

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


Official website here: www.113creditunion.com

Learn more at the official website: www.113creditunion.com

Mission Statement of One Thirteen Credit Union

One Thirteen Credit Union, as a state-chartered credit union, is dedicated to serving its members effectively. Its mission, in simple terms, is to operate as a credit union, a financial institution that is member-owned and -led, providing financial services to its members. This credit union, while not specified in the provided information, likely aims to promote financial well-being and empowerment among its members by offering various financial products and services. The mission of One Thirteen Credit Union is rooted in its state charter, which signifies its commitment to serving its community and members in a responsible and accountable manner.

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Impact




October, 2024

One Thirteen Credit Union plays a significant role in enhancing the financial well-being of its members and the broader community in Colorado Springs, CO. By operating as a state-chartered credit union, it provides access to affordable financial services tailored to the needs of its members. This includes offering competitive loan rates, savings accounts, and financial education resources that promote smart financial management.

The credit union’s focus on community impact fosters a sense of belonging and trust among its members, encouraging them to participate in local initiatives and support one another. This connection not only strengthens individual financial health but also contributes to the overall economic vitality of Colorado Springs. Through its services and community engagement, One Thirteen Credit Union helps empower individuals and families, creating a positive ripple effect throughout the region.




This information is meant to be a general summary of One Thirteen 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
$437,101 (2022)
Expenses
$415,507 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,078
  • Program Service Revenue: $402,023
  • Gross Receipts: $437,101

Assets and Liabilities:

  • Total Assets: $8,947,097
  • Total Liabilities: $8,252,951
  • Net Assets: $694,146

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Programs

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

INTEREST ON LOANS

Revenue

$261,657

FEE INCOME

Revenue

$124,525

MISCELLANEOUS INCOME

Revenue

$15,841

Organization Details

Founding Year

1958

Principal Officer

Jaclyn Robertson

Main Address

3505 N CHESTNUT ST, COLORADO SPRINGS, CO, 80907

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