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Nonprofit · EIN 84-0417233

CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO

Also known as 27 SUNWEST EDUCATIONAL CREDIT UNION

Tax-exempt · PUEBLO, CO 81005

Financials

$10.2M$8.3M2023$12.2M$10.2M2024
Revenue Expenses · by fiscal year end
Financials of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,177,500$10,196,796$1,980,704$215,496,913$193,778,099$21,718,814
December 31, 2023990$10,156,671$8,335,951$1,820,720$208,549,423$189,567,727$18,981,696
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,632,769
Investment income
$1,472,674
Net rental income
$61,235
Net gain from sales of assets
-$62
Other revenue
$72,057

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$708,900
Other salaries and wages
$1,778,554
Salaries, compensation and benefits (total)
$3,051,265
Professional fundraising fees
$0
Legal fees
$15,303
Accounting fees
$38,500
Occupancy
$224,079
Travel
$38,159
Depreciation
$302,636

Balance sheet and other

Total assets, start of year
$208,549,423
Total assets, end of year
$215,496,913
Total liabilities, end of year
$193,778,099
Net assets, end of year
$21,718,814
Land, buildings and equipment
$4,405,189
Gross unrelated business income
$10,822
Gross receipts
$12,177,500
Employees
47
Volunteers
9
Year formed
1935
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.

NameTitleHours / weekCompensationOther / benefits
Leslie ShepardPresident/CEO
Officer
45$180,906$110,812
Amy GalassiniExecutive Vice President/CFO
Officer
45$125,227$52,420
Jeff MeigsDirector of IT
Officer
45$116,801$15,234
Michael ShoafChief Lending Officer
Officer
45$119,806$6,783
Amy GasperettiVP Member Experience
Officer
45$70,770$6,164
Jennings GarrettVP Member Experience
Officer
45$31,329$1,555
Henry RomanBoard Vice-Chairperson
Trustee or director
3$2,063$0
Gloria Santistevan-FeebackBoard Member
Trustee or director
3$1,349$0
Lita MartinezBoard Secretary
Trustee or director
3$1,256$0
David NiccoliBoard Chairperson
Trustee or director
5$0$0
Andy BeemanBoard Treasurer
Trustee or director
3$0$0
Patrick GarciaBoard Member
Trustee or director
3$0$0
Fred IngoBoard Member thru January 25, 2024
Trustee or director
3$0$0
Michael IngoBoard Member from March 27, 2024
Trustee or director
3$0$0
Beritt OdomBoard Member
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
Leslie ShepardPresident/CEO
Officer
45$155,447$16,242
Amy GalassiniVice President of Finance
Officer
45$115,061$14,652
Jeff MeigsDirector of IT
Officer
45$103,562$14,202
Michael ShoafVice President of Lending
Officer
45$109,451$6,289
Alexander KrinskyVice President of IT
Officer
45$60,953$11,512
Amy GasperettiVP of Member Experience
Officer
45$51,143$3,355
Andy BeemanBoard Treasurer
Trustee or director
3$668$0
David NiccoliBoard Chairperson
Trustee or director
5$0$0
Henry RomanBoard Vice-Chairperson
Trustee or director
3$0$0
Lita MartinezBoard Secretary
Trustee or director
3$0$0
Patrick GarciaBoard Member
Trustee or director
3$0$0
Fred IngoBoard Member
Trustee or director
3$0$0
Gloria Santistevan-FeebackBoard Member
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
4141 SOVEREIGN CIR, PUEBLO, CO 81005-1876
In care of
% SUNWEST EDUCATIONAL CREDIT UNION
Principal officer (990 for 2024)
Leslie Shepard, 4141 Sovereign Circle, Pueblo, CO 81005
Signed the 990
Amy Galassini, Chief Financial Officer
Phone
(719) 561-0804

Mission

SunWest Credit Union will create a place where people feel they belong and can have all of their financial needs met, proactively engage with our members and our community, offer easily accessible financial products and services that meet our members' needs, and grow our financial strength so we can continuously develop offerings relevant to our members' changing lives.

990 for the year ended December 31, 2024

Program accomplishments

  • The credit union is owned by 11,666 members. The credit union provides services such as consumer lending, deposit/checking account services, home banking, bill pay, and other financial services.
    Expenses $10,196,796

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-0417233
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
Assets (IRS master file)
$215,496,913
Income (IRS master file)
$12,177,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,177,500$10,196,796$215,496,913XML
990December 2023$10,156,671$8,335,951$208,549,423XML
990December 2022$8,082,151$6,178,034$203,642,289IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 84-0417233).

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 84-0417233.
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 Leslie Shepard.
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 15 people; 9 received compensation from the organization, the highest $180,906 (Leslie Shepard, President/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 $12,177,500, expenses of $10,196,796 and total assets of $215,496,913 at year end.

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