Elevations Credit Union

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

EIN: 840459116 ✦ Boulder, CO ✦ Designated as a 501(c)(14)

Overview

What is Elevations Credit Union?

Elevations Credit Union is a financial institution based in Boulder, Colorado. They offer a range of banking products and services, including depository accounts and loans, to residents of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties. Their mission is to create solutions for a better life for their members. With a full array of financial solutions, Elevations Credit Union aims to make a positive impact on the lives of those it serves.


Official website here: www.elevationscu.com

Is Elevations Credit Union legitimate?

Elevations Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Elevations 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: $7,309,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,728,888

For more financial information, click here


Official website here: www.elevationscu.com

What is the mission statement of Elevations Credit Union?

Elevations Credit Union is dedicated to creating solutions that enhance members' lives. They serve communities in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties. The credit union offers a comprehensive range of financial products and services, including depository and loan solutions, as well as an ATM/debit program. Their mission goes beyond mere financial transactions, aiming to make a positive impact on their members' lives.


Official website here: www.elevationscu.com

Who is the CEO of Elevations Credit Union?

Gerry Agnes is the President/Ceo of Elevations Credit Union. The CEO's salary of Elevations Credit Union is $1,151,811 and their total compensation is $1,706,923.


Official website here: www.elevationscu.com

What is the revenue of Elevations Credit Union?

Elevations Credit Union's revenue in 2022 was $140,790,639.


Official website here: www.elevationscu.com

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

The average compensation at Elevations Credit Union during 2022 was $75,198. There are 825 employees and 10 volunteers at Elevations Credit Union.

Here are 23 key members and their salaries (Elevations Credit Union's CEO's salary is $1,151,811 and their total compensation is $1,706,923):

    Gerry Agnes (President/Ceo)
  • Compensation: $1,151,811
  • Related: $0
  • Other: $555,112

    • Brian Holst (General Counsel)
  • Compensation: $1,234,189
  • Related: $0
  • Other: $99,154

    • Aaron Staufer (Mortgage Sales Manager)
  • Compensation: $1,181,149
  • Related: $0
  • Other: $20,792

    • Elizabeth Million (Svp Mortgage Sales)
  • Compensation: $1,076,388
  • Related: $0
  • Other: $124,328

    • Todd Peyok (Svp Commercial And Business Banking)
  • Compensation: $989,966
  • Related: $0
  • Other: $130,777

    • Pierre Dupre (Cio (Thru 03/15/2022))
  • Compensation: $1,054,401
  • Related: $0
  • Other: $14,147

    • Michael Calcote (Chief Financial Officer)
  • Compensation: $721,132
  • Related: $0
  • Other: $200,970

    • Cameron White-Ford (Vp Mortgage Sales)
  • Compensation: $839,889
  • Related: $0
  • Other: $29,428

    • Tammy Teitscheid (Chief Human Resource Officer)
  • Compensation: $640,731
  • Related: $0
  • Other: $134,191

    • Raymond Lindley (Chief Operating Officer)
  • Compensation: $596,986
  • Related: $0
  • Other: $160,390

    • Blake Schaefer (Mortgage Sales Manager)
  • Compensation: $719,705
  • Related: $0
  • Other: $29,428

    • Dustin Montoya (Chief Information Officer)
  • Compensation: $175,086
  • Related: $0
  • Other: $86,579

    • Wendy Beswick (Chief Marketing Officer)
  • Compensation: $55,769
  • Related: $0
  • Other: $10,152

    • Kate Brown (Board Of Directors)
  • Compensation: $50,553
  • Related: $0
  • Other: $0

    • Don Cheyne (Board Of Directors - Chair)
  • Compensation: $50,246
  • Related: $0
  • Other: $0

    • Todd Gleeson (Board Of Directors)
  • Compensation: $48,214
  • Related: $0
  • Other: $0

    • Ray Martinez (Board Of Directors - Vice Chair)
  • Compensation: $46,420
  • Related: $0
  • Other: $0

    • Garry Woods (Board Of Directors - Secretary)
  • Compensation: $40,582
  • Related: $0
  • Other: $0

    • Barbara Brohl (Board Of Directors - Treasurer)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Nancy Herbert (Board Of Directors)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Natalie Baumgartner (Board Of Directors)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Monica Coughlin (Board Of Directors)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Carroll Beach (Board Of Directors (Thru 4/2022))
  • Compensation: $22,747
  • Related: $0
  • Other: $0


  • Official website here: www.elevationscu.com

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

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


    Official website here: www.elevationscu.com

    Learn more at the official website: www.elevationscu.com

    Mission Statement of Elevations Credit Union

    Elevations Credit Union, headquartered in Colorado, is committed to creating solutions for a better life for its members. With a mission to serve the communities of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld counties, this financial institution goes beyond offering financial products and services.

    Elevations Credit Union prides itself on providing a comprehensive range of depository and loan solutions for its members. These offerings include everything from savings and checking accounts to mortgages, auto loans, and personal loans. The credit union's ATM and debit program adds convenience to members' lives, allowing them to easily access their funds on the go.

    At the heart of Elevations Credit Union's mission is the belief that finance plays a critical role in people's lives, and the institution is dedicated to helping its members navigate the complexities of financial management. By offering a full suite of financial products and services, Elevations Credit Union empowers its members to make informed decisions, save for the future, and ultimately improve their overall financial well-being.

    In summary, Elevations Credit Union, a Colorado-based financial institution, is passionate about creating solutions for a better life for its members. By delivering a full array of depository and loan products, as well as an ATM/debit program, the credit union is dedicated to empowering its members to take control of their finances and build a brighter future.

    Impact

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




    Thursday, August 15, 2024

    Elevations Credit Union has a significant impact on communities across Colorado by providing comprehensive financial solutions for a better life. Serving multiple counties, including Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer, and Weld, Elevations Credit Union offers a wide range of products and services ranging from depository and loan products to ATM/debit programs. By actively engaging with individuals and businesses in these areas, Elevations Credit Union contributes to the financial well-being and stability of the communities it serves.





    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: $16,596,925
  • Program Service Revenue: $121,882,994
  • Gross Receipts: $141,101,474

    • Assets and Liabilities:
  • Total Assets: $3,294,550,654
  • Total Liabilities: $3,011,449,917
  • Net Assets: $283,100,737
  • Programs

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

    INTEREST ON LOANS TO MEMBERS

    Revenue

    $78,864,504

    GAIN ON SALE OF LOANS

    Revenue

    $16,453,246

    INTERCHANGE INCOME

    Revenue

    $14,735,154

    FEES AND SERVICE CHARGES

    Revenue

    $8,078,836

    WEALTH MANAGEMENT INCOME

    Revenue

    $3,751,254

    Organization Details

    Founding Year

    1952

    Principal Officer

    Gerry Agnes

    Main Address

    PO BOX 9004, BOULDER, CO, 803019004

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Elevations 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.