Red Rocks Credit Union

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

EIN: 840808889 ✦ Littleton, CO ✦ Designated as a 501(c)(14)

Overview

What is Red Rocks Credit Union?

Red Rocks Credit Union is a financial cooperative, owned by approximately 17,000 members, situated in Littleton, Colorado (80120). They offer a wide range of financial services to their members, including consumer lending, shared branching, deposit and transactional services, mortgage lending, home banking, bill payment, and more. Their mission is to empower and support their members' aspirations, enabling them to reach their hopes and dreams to the fullest.


Official website here: www.redrocks.org

Is Red Rocks Credit Union legitimate?

Red Rocks Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Red Rocks 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: $1,798,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,125,105

For more financial information, click here


Official website here: www.redrocks.org

What is the mission statement of Red Rocks Credit Union?

The Red Rocks Credit Union is committed to encouraging, enabling, and underwriting the hopes, dreams, and aspirations of its members to maximize their impact. With approximately 17,000 members, the credit union offers various financial services to help its members achieve their financial goals. These services include consumer lending, shared branching, deposit and transactional services, mortgage lending, home banking, bill payment, and more. The credit union's mission is geared towards unlocking the full potential of its members by providing them with the necessary financial tools and resources.


Official website here: www.redrocks.org

Who is the CEO of Red Rocks Credit Union?

Darius Wise is the President/Interim Ceo of Red Rocks Credit Union. The CEO's salary of Red Rocks Credit Union is $124,115 and their total compensation is $124,913.


Official website here: www.redrocks.org

What is the revenue of Red Rocks Credit Union?

Red Rocks Credit Union's revenue in 2022 was $16,547,965.


Official website here: www.redrocks.org

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

Here are 20 key members and their salaries (Red Rocks Credit Union's CEO's salary is $124,115 and their total compensation is $124,913):

    Darius Wise (President/Interim Ceo)
  • Compensation: $415,250
  • Related: $0
  • Other: $30,630

    • Elizabeth Guerrero (Cfo)
  • Compensation: $342,333
  • Related: $0
  • Other: $29,106

    • Patrick T Ahern (Former Ceo)
  • Compensation: $295,000
  • Related: $0
  • Other: $0

    • Amber Muhammad (Vp, Hr)
  • Compensation: $186,094
  • Related: $0
  • Other: $12,737

    • Jill Hepp (Vp Lending)
  • Compensation: $149,955
  • Related: $0
  • Other: $19,228

    • Christina Maul (Vp Risk Management)
  • Compensation: $150,695
  • Related: $0
  • Other: $17,581

    • Roderick Washington (Senior Vp)
  • Compensation: $126,716
  • Related: $0
  • Other: $15,141

    • Catherine Capilupi (Director Of Sales And Service)
  • Compensation: $120,992
  • Related: $0
  • Other: $12,934

    • David Brooks (Interim Ceo)
  • Compensation: $124,115
  • Related: $0
  • Other: $798

    • Jeremey Couch (Mortgage Loan Officer)
  • Compensation: $103,151
  • Related: $0
  • Other: $12,084

    • Kathryn Shut (Vp Of Data Enablement)
  • Compensation: $102,036
  • Related: $0
  • Other: $10,549

    • Benjamin Cornella (It Manager)
  • Compensation: $102,271
  • Related: $0
  • Other: $7,578

    • Helen Gibson (Senior Vp)
  • Compensation: $58,612
  • Related: $0
  • Other: $7,364

    • Joe Massaquoi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany Watts (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cesar Amicarella (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Agnes Audebert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Mensing (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Price-Valenzuela (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joeri Carty (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.redrocks.org

    Where can I find the form 990 for Red Rocks Credit Union?

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


    Official website here: www.redrocks.org

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

    Mission Statement of Red Rocks Credit Union

    Red Rocks Credit Union, a member-owned financial institution, is dedicated to encouraging, enabling, and underwriting the hopes, dreams, and aspirations of its approximately 17,000 members to maximize their impact. The credit union's mission is geared towards empowering its members with access to a wide range of financial services that cater to their diverse needs.

    In practice, Red Rocks Credit Union offers various financial services including consumer lending, shared branching services, deposit and transactional services, mortgage lending, home banking, bill payment, and more. These offerings aim to provide members with the necessary resources to manage their financial lives effectively. By offering these services, the credit union enables its members to make informed financial decisions and ultimately reach their goals.

    Red Rocks Credit Union's commitment to its members goes beyond just providing financial services. Its mission is deeply rooted in the belief that every member has the potential to make a difference in their lives and communities. By underwriting the hopes, dreams, and aspirations of its members, the credit union plays a crucial role in helping them achieve their full potential. Through its various offerings, Red Rocks Credit Union strives to be a trusted partner in its members' financial journeys, empowering them to make the most of their resources and build a strong financial foundation for their future.

    Impact

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




    Thursday, August 15, 2024

    Red Rocks Credit Union has a significant impact by providing essential financial services to its approximately 17,000 members. Through consumer lending, shared branching services, deposit/transactional services, mortgage lending, home banking, bill payment, and other financial services, the credit union enables its members to pursue their hopes, dreams, and aspirations with maximum impact. This empowers individuals and families in Littleton, CO, to achieve financial stability and progress towards their goals.





    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: $602,400
  • Program Service Revenue: $15,878,132
  • Gross Receipts: $16,547,965

    • Assets and Liabilities:
  • Total Assets: $346,576,542
  • Total Liabilities: $316,713,989
  • Net Assets: $29,862,553
  • Programs

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

    INTEREST MEMBER LOANS

    Revenue

    $14,232,134

    FEES MEMBER SERVICE

    Revenue

    $830,920

    VISA CHECK CARD INCOME

    Revenue

    $593,752

    OTHER OPERATING INCOME

    Revenue

    $214,915

    INCOME SALE OF MORTGAGES

    Revenue

    $6,411

    Organization Details

    Founding Year

    1979

    Principal Officer

    Darius Wise

    Main Address

    8195 SOUTH PARK LANE, LITTLETON, CO, 80120

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Red Rocks 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.