2025-11-12T15:07:05-06:00 2024-12-31 840919886 JONES MERTSCHING CPAS PC 32186 CASTLE COURT SUITE 220 EVERGREEN CO 80439 990 2024-01-01 840818111 OPTIONS CREDIT UNION OPTI 3038601117 5935 S ZANG ST 4 LITTLETON CO 80127 SHERRY ESPINOZA CEO 3038601117 2025-11-12 1 1 ERIC L JONES CPA P00634170 3034809090 2025-11-12 2024 2025-03-06 01:10:19Z SHERRY ESPINOZA 5935 S ZANG ST 4 LITTLETON CO 80127 356928 0 X WWW.OPTIONSCREDITUNION.COM X 1979 CO OPTIONS CREDIT UNION (FORMALLY LEGAL COMMUNITY CREDIT UNION OF COLORADO) WAS FOUNDED IN 1979 FOR THE PURPOSE OF PROVIDING AN ALTERNATIVE FINANCIAL SERVICE, FOCUSING ON PERSONALIZED CUSTOMER SERVICE, FOR OUR COMMUNITY. 5 5 0 9 0 0 0 0 334627 340917 13816 14011 1124 2000 349567 356928 0 0 0 0 127743 135579 0 0 0 238382 230883 366125 366462 -16558 -9534 5480692 4834333 5033025 4396200 447667 438133 OPTIONS CREDIT UNION (FORMALLY LEGAL COMMUNITY CREDIT UNION OF COLORADO) WAS FOUNDED IN 1979 FOR THE PURPOSE OF PROVIDING AN ALTERNATIVE FINANCIAL SERVICE, FOCUSING ON PERSONALIZED CUSTOMER SERVICE, FOR OUR COMMUNITY. 0 0 THE CREDIT UNION IS OWNED BY APPROXIMATELY 700 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. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 65 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X THE CREDIT UNION 3038601117 5935 S ZANG ST 4 LITTLETON CO 80127 DAWN MCNIGHT DIRECTOR 1.00 X 0 0 0 CARRIE HALE SECRETARY 1.00 X 0 0 0 DAN CUHLANE VICE CHAIR 1.00 X 0 0 0 TIM GAFFIGAN CHAIRMAN 2.00 X 0 0 0 ALISA STEFFEN TREASURER 1.00 X 0 0 0 SHERRY ESPINOZA CEO 40.00 X 87179 0 37 87179 0 37 0 0 0 0 0 INTEREST MEMBER LOANS 522100 283026 283026 FEES MEMBER SERVICE 522100 34796 34796 OTHER OPERATING INCOME 522100 23095 23095 340917 14011 14011 OTHER NON OPERATING IN 522100 2000 2000 2000 356928 342917 0 14011 X 87216 38467 20 9876 46230 1113 34411 142 5876 DIVIDENDS & INTEREST -M 65168 OFFICE OPERATIONS EXPEN 62815 LOAN SERVICING EXPENSE 20052 MISCELLANEOUS 2117 -7041 366462 24108 32970 527066 437616 4793099 4159551 16447 15776 128406 61734 3404 66672 20000 20000 96568 101748 5480692 4834333 33183 20158 4999842 4376042 5033025 4396200 X 0 0 0 0 447667 438133 447667 438133 5480692 4834333 -9534 0 X 0 0 0 128406 61734 66672 66672 MEMBER SHARES, DEPOSITS AND CERTIFICATES 4376042 4376042 FORM 990, PART 1,LINE 5 &PART V, LINE 2A NUMBER OF EMPLOYEES IS REPORTED AS ZERO AS THE CREDIT UNION DOES NOT FILE FORM W-3. GUSTO PAYROLL SERVICE, AS COMMON PAYMASTER, FILES FORM W-3 UNDER THEIR OWN FEIN TO REPORT THE COMPENSATION OF ALL CREDIT UNION EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - ANY MEMBER OF THE DENVER BAR ASSOCIATION OR COLORADO BAR ASSOCIATION, EMPLOYEES OF THE DENVER OR COLORADO BAR ASSOCIATION, EMPLOYEES OF MEMBERS OF THE DENVER OR COLORADO BAR ASSOCIATIONS, TENANTS/EMPLOYEES OF THE 1900 GRANT STREET BUILDING AND CREEKSIDE AT COLUMBINE OFFICE PARK, MEMBERS OF THE PPIAC, MEMBERS OF THE RMPA, EMPLOYEES OF THE COAL MINE CENTRE GROUP, AND FAMILY MEMBERS OF THE ABOVE. IN 2015, MEMBERS OF CONSUMERS UNITED ASSOCIATION WERE ADDED AS POTENTIAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE MEMBERS ELECT THE GOVERNING BODY BY VOTE. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MERGER - REQUIRES TWO THIRDS MAJORITY VOTE OF VOTING MEMBERS. CHARTER CONVERSION - REQUIRES TWO THIRDS MAJORITY VOTE OF VOTING MEMBERS. DISSOLUTION AND LIQUIDATION - REQUIRES MAJORITY VOTE OF ENTIRE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND THEN REVIEWED BY THE CREDIT UNION'S CEO BEFORE IT IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTOR COMPLIANCE WITH CONFLICT OF INTEREST POLICY IS MONITORED BY THE CEO AND THE SUPERVISORY COMMITTEE QUARTERLY. A CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY ALL STAFF AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION EVALUATION IS COMPLETED ANNUALLY BY THE BOARD OF DIRECTORS. ALL OTHER STAFF POSITIONS ARE EVALUATED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FOR REVIEW IN THE OFFICE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER 46,230.