Colorado Credit Union
Nonprofit profile at a glance
- EIN
- 840660269
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Littleton, CO, USA
- Phone
- 303.978.2274
- Rating confidence
- Limited
Reported finances
- Revenue
- $25,703,132
- Expenses
- $23,483,287
- Assets
- $397,895,301
- Liabilities
- $356,519,293
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- MICHAEL WILLIAMS (PRESIDENT/CEO)
- GREGORY HAMILTON (EXECUTIVE VICE PRESIDENT)
- AUDREY SNYDER WILLIS (VICE PRESIDENT OF HR)
- SHAUNA BRAZIL (VICE PRESIDENT OF LENDING)
- CARL MURPHY (VICE PRESIDENT OF RISK MANAGEMENT)
Highest reported compensation
- MICHAEL WILLIAMS (PRESIDENT/CEO): $692,172 total reported compensation
- GREGORY HAMILTON (EXECUTIVE VICE PRESIDENT): $258,323 total reported compensation
- SCOTT SAGER (CHIEF FINANCIAL OFFICER): $235,312 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To positively impact our community by teaching a financial foundation that leads to positive economic development and generational wealth.
What it reported doing in 2024
Provide a wide variety of financial products and services to members ofthe credit union. Over 25,000 members served.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 77
- Accountability: 37
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 16.94; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.9; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 12.9%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 11% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 69th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $692K · 24 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $1.2M reported
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 24 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 12/100.