Overview
What is Credit Unions Chartered In The State Of Colorado?
Credit Unions Chartered In The State Of Colorado, specifically identified as 225 Shambhala Credit Union, is a community-focused nonprofit credit union situated in Boulder, Colorado. With a small team of two employees, they provide financial services to their approximately 300 members. Their offerings include interest-bearing certificates of deposit, IRA accounts, and savings accounts. Operating within a church and school-based community, they offer deposit and loan services, as well as financial counseling, to their members. This credit union is committed to serving its local community in Colorado.
Official website here: www.shambhalacreditunion.org
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: $60,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.shambhalacreditunion.org
What is the mission statement of Credit Unions Chartered In The State Of Colorado?
Credit Unions Chartered In The State of Colorado is committed to providing financial services, specifically savings and loan services, to individuals within its community-based field of membership. This credit union operates with a mission to serve approximately 300 members, offering deposit and loan services and financial counseling. The organization's primary activity involves offering interest-bearing certificates of deposit, IRA deposits, and savings accounts to qualifying members, thereby contributing to the financial well-being of its community.
Official website here: www.shambhalacreditunion.org
Who is the CEO of Credit Unions Chartered In The State Of Colorado?
Carlos Pacheco is the Director of Credit Unions Chartered In The State Of Colorado.
Official website here: www.shambhalacreditunion.org
What is the revenue of Credit Unions Chartered In The State Of Colorado?
Credit Unions Chartered In The State Of Colorado's revenue in 2021 was $165,483.
Official website here: www.shambhalacreditunion.org
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 2021 was $30,386. There are 2 employees and 8 volunteers at Credit Unions Chartered In The State Of Colorado.
Here are 8 key members and their salaries:
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- Compensation: $50,002
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- Compensation: $10,770
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- Other: $0
Official website here: www.shambhalacreditunion.org
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 2021 and can be accessed here.
Official website here: www.shambhalacreditunion.org
Learn more at the official website: www.shambhalacreditunion.org
Mission Statement of Credit Unions Chartered In The State Of Colorado
Credit Unions Chartered In The State Of Colorado, as a community credit union, is dedicated to providing financial services to its approximately 300 members. Its mission, in simple terms, is to offer savings and loan services to individuals who fall within its community-based field of membership. This nonprofit organization believes in fostering a sense of community and serves as a financial resource for its members.
The services offered by Credit Unions Chartered In The State Of Colorado are diverse and tailored to meet the financial needs of its members. It provides interest-bearing certificates of deposit, individual retirement account (IRA) deposit services, and savings accounts to those who qualify. By offering these financial products, the credit union aims to contribute to the financial stability and well-being of its members. Furthermore, the credit union also offers financial counseling, providing valuable advice and guidance to help its members manage their finances effectively.
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Impact
October, 2024
Credit Unions Chartered In The State Of Colorado plays a significant role in the financial landscape of its community in Boulder. By serving approximately 300 members, the credit union fosters a strong sense of community through its church and school-based activities. It offers essential financial services, including deposit and loan options, which empower members to manage their finances effectively.
The availability of interest-bearing certificates of deposit, IRA deposit accounts, and savings accounts provides members with opportunities to grow their savings and plan for their financial future. Additionally, the credit union's financial counseling services help individuals navigate their financial challenges and make informed decisions. Overall, the organization enhances financial literacy and stability within its membership base, contributing positively to the broader community's economic well-being.
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $2,677
- Program Service Revenue: $162,806
- Gross Receipts: $165,483
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS FROM
Revenue
$139,036
FEES, CHARGES, & OTHER
Revenue
$23,770
Organization Details
Founding Year
1976
Phone
(303) 444-9003Principal Officer
Carlos Pacheco
Main Address
1345 SPRUCE STREET, BOULDER, CO, 80302
Website
www.shambhalacreditunion.orgNTEE Category
Code: W60 - Public benefit
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