Nonprofit · EIN 84-0405947
CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO
Also known as 271 DENVER COMMUNITY CREDIT UNION
Tax-exempt · DENVER, CO 80204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,277,616 | $24,767,445 | $3,510,171 | $410,091,081 | $359,744,293 | $50,346,788 |
| December 31, 2023 | 990 | $22,622,759 | $22,221,479 | $401,280 | $413,726,444 | $367,897,888 | $45,828,556 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $21,846,474
- Investment income
- $6,406,431
- Net gain from sales of assets
- $3,703,661
- Other revenue
- $24,711
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,316,243
- Other salaries and wages
- $4,759,433
- Salaries, compensation and benefits (total)
- $8,488,324
- Professional fundraising fees
- $0
- Legal fees
- $35,558
- Accounting fees
- $128,461
- Occupancy
- $1,522,846
- Travel
- $88,564
- Depreciation
- $386,192
Balance sheet and other
- Total assets, start of year
- $413,726,444
- Total assets, end of year
- $410,091,081
- Total liabilities, end of year
- $359,744,293
- Net assets, end of year
- $50,346,788
- Land, buildings and equipment
- $19,214,146
- Publicly traded securities
- $58,250,910
- Gross unrelated business income
- $24,711
- Gross receipts
- $28,277,616
- Employees
- 118
- Volunteers
- 11
- Year formed
- 1934
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERESSA BONFANTE | CO-CEO Officer | 40 | $448,497 | $27,609 |
| SHANE SILVERNALE | CO-CEO Officer | 40 | $436,444 | $27,912 |
| JOSEPH TASSANO | SENIOR VICE PRESIDENT - OPERATIONS Officer | 40 | $269,148 | $29,909 |
| THERESA SHERRY | VP - FINANCE Officer | 40 | $265,379 | $25,305 |
| PATRICK KELLY | VP - INFORMATION TECHNOLOG Officer | 40 | $241,450 | $18,158 |
| BARBARA RASH | VP HUMAN RESOURCES Officer | 40 | $210,699 | $22,391 |
| RACHAEL CALDERON | VP - STRATEGIC OUTREACH Officer | 40 | $166,738 | $21,426 |
| HOLLY VANDERPOOL | AVP - RETAIL Highest-paid employee | 40 | $146,982 | $13,789 |
| ALAN LANG | AVP - FINANCE Highest-paid employee | 40 | $130,907 | $18,323 |
| EMERY A HARRIS | IT MANAGER Highest-paid employee | 40 | $120,262 | $4,247 |
| LAWRENCE FLEURY III | CONSUMER LENDING MANAGER Highest-paid employee | 40 | $109,114 | $12,749 |
| JILL MONTGOMERY | COLLECTIONS MANAGER Highest-paid employee | 40 | $104,490 | $13,510 |
| JAMES DIPAOLO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TONI SHELTON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JANICE M CORNELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORRIS E MURRAY | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW BLUNT | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| HELEN GONZALES | BOARD SECRETARY/TREASURER Trustee or director | 2 | $0 |
| STEVE NALLEY | SUPERVISORY COMMITTEE CHAIR PERSON Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERESSA BONFANTE | CO-CEO Officer | 40 | $476,812 | $26,991 |
| SHANE SILVERNALE | CO-CEO Officer | 40 | $457,778 | $25,702 |
| JOSEPH TASSANO | VP OF BRANCHES Officer | 40 | $222,073 | $28,107 |
| THERESA SHERRY | VP - FINANCE Officer | 40 | $201,194 | $24,231 |
| PATRICK KELLY | VP - INFORMATION TECHNOLOG Officer | 40 | $186,395 | $16,845 |
| BARBARA RASH | VP HUMAN RESOURCES Officer | 40 | $178,174 | $21,467 |
| RACHAEL CALDERON | VP - STRATEGIC OUTREACH Officer | 40 | $126,065 | $19,726 |
| HOLLY VANDERPOOL | AVP - RETAIL Highest-paid employee | 40 | $113,275 | $12,887 |
| ALAN LANG | AVP - FINANCE Highest-paid employee | 40 | $106,148 | $16,602 |
| EMERY A HARRIS | IT MANAGER Highest-paid employee | 40 | $107,644 | $12,872 |
| JAMES DIPAOLO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TONI SHELTON | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CAROLYN LAWSON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JANICE M CORNELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MORRIS E MURRAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANDY BLUNT | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| HELEN GONZALES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1075 ACOMA ST, DENVER, CO 80204-4034
- Principal officer (990 for 2024)
- SHANE SILVERNALE, 1075 ACOMA STREET, DENVER, CO 80204
- Signed the 990
- SHANE SILVERNALE, CO-CEO
- Phone
- (303) 573-1170
- Website
- WWW.MYZING.COM
- Return prepared by
- SINGERLEWAK LLP
Mission
TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THECREDIT UNION. TO PROMOTE THRIFT AMONG MEMBERS BY AFFORDING THEM THEOPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND TO MAKE LOANS FROMTHESE SHARES TO ITS MEMBERS.
Program accomplishments
- PROVIDE A WIDE VARIETY OF FINANCIAL PRODUCTS AND SERVICES TO THEMEMBERS OF THE CREDIT UNION. OVER 36,000 MEMBERS SERVED.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-0405947
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1948: CREDIT UNIONS CHARTERED IN COLORADO
- Assets (IRS master file)
- $410,091,081
- Income (IRS master file)
- $28,277,616
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,277,616 | $24,767,445 | $410,091,081 | IRS |
| 990 | December 2023 | $22,622,759 | $22,221,479 | $413,726,444 | XML |
| 990 | December 2022 | $20,539,634 | $18,410,903 | $437,413,993 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-0405947).
Questions about CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO
- What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO?
- The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO is 84-0405947.
- Is CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1968.
- Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO?
- The 990 for the year ended December 31, 2024 names SHANE SILVERNALE.
- Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO?
- The 990 for the year ended December 31, 2024 lists 19 people; 12 received compensation from the organization, the highest $448,497 (TERESSA BONFANTE, CO-CEO).
- How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,277,616, expenses of $24,767,445 and total assets of $410,091,081 at year end.
Other nonprofits in DENVER
- UNIVERSITY OF DENVER EIN 84-0404231 · last filed 990 for 2025
- SAINT JOSEPH HOSPITAL EIN 84-0417134 · last filed 990 for 2024
- DENVER HEALTH MEDICAL PLAN INC EIN 84-1354846 · last filed 990 for 2024
- UNIVERSITY OF COLORADO FOUNDATION EIN 84-6049811 · last filed 990 for 2025
- NATIONAL JEWISH HEALTH EIN 74-2044647 · last filed 990 for 2025
- CHARTER FUND INC EIN 05-0620063 · last filed 990 for 2024
- DENVER FOUNDATION EIN 84-6048381 · last filed 990 for 2024
- DANIELS FUND EIN 84-1393308 · last filed 990-PF for 2024