EIN 84-0186846

Credit Union of Denver

Name: Credit Union of Denver financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(14)

Num. employees

190

City

Lakewood

State

Colorado

Year formed

1931

Most recent tax filings

2022-12-01

NTEE code, primary

W60: Financial Institutions, Credit Unions

Description

Credit Union of Denver empowers approximately 66,000 members to reach their financial goals by providing superior value, products and service. The Credit Union offers a variety of financial services, including consumer lending, mortgage lending, checking and savings accounts, certificates and IRAs. In addition, the Credit Union provides ATM access and debit and credit cards to its members so they can easily manage their finances.

Related structure

Credit Union of Denver is child organization, under the parent exemption from Credit Unions Chartered in Colorado.

Total revenues

$40,883,372

2022

Total expenses

$31,851,614

2022

Total assets

$1,093,899,387

2022

Num. employees

190

2022

Program areas at Credit Union of Denver

The Credit Union is owned by approximately 68,000 members. The Credit Union provides financial services to its members, such as consumer lending, mortgage lending, checking, savings, certificate, and ira accounts, atm, debit and Credit cards, and other financial services. The Credit Union returned approximately $5.4 million in the form of interest and dividends by offering competitive savings products.

Personnel at Credit Union of Denver

Name	Title	Compensation	Date of data
Keith Cowling	Chief Executive Officer	$525,716	2022-12-31
Tamara Dankers	Chief Operating Officer	$259,653	2022-12-31
Scott Collins	Chief Financial Officer	$253,388	2023-11-09
Donna Riley	Vice President It and Finance Sys	$208,000	2022-12-31
Sherri Hollis	Operations Director	$104,543	2021-12-31
...and 10 more key personnel

Financials for Credit Union of Denver

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$33,894,647	$32,473,236	4.4%
Investment income and dividends	$6,959,954	$4,944,592	40.8%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-10,075	$227,906	-104.4%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$38,846	$2,273,946	-98.3%
Total revenues	$40,883,372	$39,919,680	2.4%

Form 990s for Credit Union of Denver

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-09	990	View PDF
2021-12	2022-11-10	990	View PDF
2020-12	2021-11-12	990	View PDF
2018-12	2020-01-27	990	View PDF
2017-12	2019-02-21	990	View PDF
...and 8 more Form 990s

Organizations like Credit Union of Denver

Organization	Type	Location	Revenue
Arapahoe Credit Union (ACU)	501(c)(14)	Littleton, CO	$10,675,326
Credit Unions Chartered in the State of Colorado - 85 Coors Credit Union	501(c)(14)	Golden, CO	$15,901,792
Colorado Credit Union	501(c)(14)	Littleton, CO	$17,858,120
Zing Credit Union - 271 Denver Community Credit Union	501(c)(14)	Denver, CO	$20,539,634
Aventa Credit Union	501(c)(14)	Colorado Springs, CO	$15,058,799
Premier Members Credit Union (PMCU)	501(c)(14)	Broomfield, CO	$64,549,250
Partner Colorado Credit Union - 4 Partner Credit Union	501(c)(14)	Arvada, CO	$100,266,157
Red Rocks Credit Union	501(c)(14)	Littleton, CO	$16,547,965
Sooper Credit Union	501(c)(14)	Arvada, CO	$32,901,529
Elevations Credit Union	501(c)(14)	Boulder, CO	$140,790,639

Data update history

January 23, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 23, 2024

Updated personnel

Identified 6 new personnel

July 15, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 13, 2023

Used new vendors

Identified 4 new vendors, including , , , and

July 9, 2023

Used new vendors

Identified 5 new vendors, including , , , , and

Nonprofit Types

Credit unionsChapter / child organizations

Issues

No issues found

Characteristics

MembershipsState / local levelProvides scholarships

General information

Address: 9305 W Alameda Ave; Lakewood, CO 80226
Metro area: Denver-Aurora-Lakewood, CO
County: Jefferson County, CO
Website URL: cudenver.com/
Phone: (303) 234-1700
Facebook page: Credit-Union-of-Denver

IRS details

EIN: 84-0186846
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1931
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: W60: Financial Institutions, Credit Unions
NAICS code, primary: 522130: Credit Unions
Parent/child status: Child within group exemption

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Credit Union of Denver

Program areas at Credit Union of Denver

Personnel at Credit Union of Denver

Financials for Credit Union of Denver

Form 990s for Credit Union of Denver

Organizations like Credit Union of Denver

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