NFP500

#375 of 500 · Member & Benefit Funds

Credit Unions Chartered In The State Of Colorado

EIN 84-0146595 · CO · NTEE n/a · Form 990, fiscal 2023

This is a group tax return filed under a 501(c)(14) exemption covering state-chartered credit unions in Colorado, with Bellco Credit Union serving as the primary/associated organization. Based in the Denver metro area (Englewood/Greenwood Village), Bellco is a not-for-profit member-owned financial cooperative chartered by Colorado in 1936, originally serving Mountain Bell employees and now offering deposit accounts, loans, mortgages, and related banking services to members across a broad field of membership. The filing reflects aggregated financials for the covered Colorado credit unions.

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Financials, fiscal 2023

Revenue
$411.7M
Expenses
$368.1M
Total assets
$8.26B
Net assets
$700.4M
Operating margin
10.6%
1-year growth
43.5%
5-year growth (CAGR)
12.8%
Reserve (years of spending)
22.8
Contributions share
n/a
Programme spending
86.2%
Fundraising cost
n/a
Executive pay share
1.98%
Employees
372
Revenue per employee
$1.1M
Grants paid
$465K
Years filing
55

NFP Health Score: 77 / 100

Financial 64 · Governance 90 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$254.7M
2020$242.6M
2021$233.1M
2022$287.0M
2023$411.7M