Bellco Credit Union

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

EIN: 840146595 ✦ Greenwood village, CO ✦ Designated as a 501(c)(14)

Overview

What is Bellco Credit Union?

Bellco Credit Union, located at 7600 E Orchard Road 400N in Greenwood Village, Colorado, is a member-owned organization that offers competitive financial services to its restricted membership. The credit union's primary source of funding comes from its members' income and investments. Bellco is dedicated to planned growth to ensure a stable financial future while maintaining member confidence. The organization's mission is to provide a challenging and rewarding work environment for its employees and contribute to the social and economic well-being of its community. With a total of 337 employees, Bellco Credit Union strives to meet the evolving financial needs of its members.


Official website here: www.bellco.org

Is Bellco Credit Union legitimate?

Bellco Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bellco 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $7,279,224
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,247,156

For more financial information, click here


Official website here: www.bellco.org

What is the mission statement of Bellco Credit Union?

Bellco Credit Union is a progressive, member-owned organization committed to delivering competitive financial services that cater to the evolving needs of its members. The union prioritizes planned growth to ensure a secure financial future, all while maintaining member confidence. Bellco offers a stimulating and rewarding work environment for its employees and contributes to the social and economic well-being of its community.


Official website here: www.bellco.org

Who is the CEO of Bellco Credit Union?

Douglas A Ferraro is the Principal Officer of Bellco Credit Union. The CEO's salary of Bellco Credit Union is $1,630,478 and their total compensation is $1,683,029.


Official website here: www.bellco.org

What is the revenue of Bellco Credit Union?

Bellco Credit Union's revenue in 2022 was $286,970,201.


Official website here: www.bellco.org

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

The average compensation at Bellco Credit Union during 2022 was $99,485. There are 337 employees and 11 volunteers at Bellco Credit Union.

Here are 24 key members and their salaries (Bellco Credit Union's CEO's salary is $1,630,478 and their total compensation is $1,683,029):

    Daniel Kampen (Evp/Cfo)
  • Compensation: $3,551,250
  • Related: $0
  • Other: $336,131

    • Alvin Mccarthy (Commercial Business Officer Iii)
  • Compensation: $2,720,747
  • Related: $0
  • Other: $49,827

    • Greg Lundstrom (Commercial Business Officer Iii)
  • Compensation: $1,928,712
  • Related: $0
  • Other: $38,476

    • Douglas Ferraro (Bod Member/President/Ceo) [Trustee/Director]
  • Compensation: $1,630,478
  • Related: $0
  • Other: $52,551

    • Jack Pargeon (Svp-Finance)
  • Compensation: $419,374
  • Related: $0
  • Other: $238,593

    • John Rivera (Svp/Cro)
  • Compensation: $321,295
  • Related: $0
  • Other: $217,058

    • Rebecca Stembel (Svp-Cmeo)
  • Compensation: $310,863
  • Related: $0
  • Other: $165,064

    • Carrie Fredenburg (Svp-Chro)
  • Compensation: $300,468
  • Related: $0
  • Other: $150,858

    • Steven Lee (Svp-Chief Lending Officer)
  • Compensation: $418,596
  • Related: $0
  • Other: $31,649

    • Juan Carlos Campos (Vp General Counsel/Compliance Officer)
  • Compensation: $323,913
  • Related: $0
  • Other: $41,130

    • John M Ruby (Svp/Clo)
  • Compensation: $295,244
  • Related: $0
  • Other: $57,646

    • Susan Rice (Svp-Commercial Lending)
  • Compensation: $277,193
  • Related: $0
  • Other: $31,283

    • Tim Billings (Vp Treasury & Analytics)
  • Compensation: $275,743
  • Related: $0
  • Other: $27,320

    • Leeann Downey (Svp/Cao)
  • Compensation: $249,697
  • Related: $0
  • Other: $43,481

    • Steven Angelier (Bod/Chairman) [Trustee/Director]
  • Compensation: $59,750
  • Related: $0
  • Other: $0

    • Jane Prancan (Bod Member/ Director)
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • Laura Sonderup (Bod/V. Chair) [Trustee/Director]
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • Walker Fleming (Bod/Director)
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • Andrew Murray (Bod Member/Director)
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • Mark D Goodman (Bod Member/Director)
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • David Powers (Bod Member) [Trustee/Director]
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • Maria Alejandra Spray (Supervisory) [Trustee/Director]
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • C David Kikumoto (Bod Member/ Secretary/Trea) [Trustee/Director]
  • Compensation: $42,250
  • Related: $0
  • Other: $0

    • Pete Kirchhof (Bod Member) [Trustee/Director]
  • Compensation: $42,250
  • Related: $0
  • Other: $0


  • Official website here: www.bellco.org

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

    The Bellco Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bellco.org

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

    Mission Statement of Bellco Credit Union

    Bellco Credit Union, a member-owned organization, is dedicated to offering competitive financial services that cater to the evolving needs of its members. By fostering planned growth and ensuring financial stability, Bellco seeks to provide a solid foundation for the future. The organization is committed to maintaining member confidence and offering a challenging and rewarding work environment for its employees. In turn, Bellco contributes to the social and economic well-being of its community.

    Bellco Credit Union's mission is twofold: first and foremost, it aims to provide top-tier financial services tailored to the ever-changing requirements of its members. Second, Bellco is dedicated to sustaining steady growth that will fund future initiatives while keeping the faith of its members intact. The credit union prides itself on fostering a dynamic work environment, continually challenging and rewarding its employees. Beyond financial services, Bellco extends its reach to the wider community, contributing to the overall health and prosperity of the area it serves.

    Impact

    This information is meant to be a general summary of Bellco Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Bellco Credit Union's impact lies in its commitment to providing competitive financial services to its members, meeting their evolving needs while ensuring financial stability and growth. By offering a challenging and rewarding environment for its employees, Bellco contributes to the social and economic well-being of its community. Through income generated from membership and investment of members' funds, Bellco is able to sustain its operations and deliver valuable services to its restricted membership base in Greenwood Village, CO.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $15,721,907
  • Program Service Revenue: $271,245,768
  • Gross Receipts: $287,274,084

    • Assets and Liabilities:
  • Total Assets: $7,362,214,487
  • Total Liabilities: $6,711,454,808
  • Net Assets: $650,759,679
  • Programs

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

    INCOME ON LOANS

    Revenue

    $231,583,805

    FEES/CHARGES/OTHER

    Revenue

    $39,020,152

    FINANCE & INSURANCE

    Revenue

    $641,811

    Organization Details

    Founding Year

    1936

    Principal Officer

    Douglas A Ferraro

    Main Address

    7600 E ORCHARD ROAD 400N, GREENWOOD VILLAGE, CO, 80111

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Bellco Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.