Civic Intelligence

Legal Community Credit Union of Colorado

990 • Fiscal year 2019 • EIN 84-0818111

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

Organization ProfileWWW.COLORADOLEGAL.ORG

View Organization Page

5935 S Zang St No 4Littleton, CO 80127

(303) 860-1117

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

0.93x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

13.25x

Higher debt load relative to revenue than 23% of similar nonprofits.

2019 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2019

Net Margin

12th percentile

-4.0%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$72,063

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2019 filings • 501(c)14 • $5M-$10M nonprofits • Source year 2019

Asset Growth

82nd percentile

4.8%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-3.5%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)14 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$5,675,997

Up $261,402 (+4.8%) from 2018

Net Assets

Down

$410,414

Down $15,962 (-3.7%) from 2018

Liabilities

Up

$5,265,583

Up $277,364 (+5.6%) from 2018

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin12th percentile

Revenue

Down

$397,405

Down $14,204 (-3.5%) from 2018

Expenses

Up

$413,367

Up $25,337 (+6.5%) from 2018

Net Income

Down

-$15,962

Down $39,541 (-168%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,395,581Liabilities 2010: $4,062,979Net Assets 2010: $332,6022010Assets 2011: $3,662,912Liabilities 2011: $3,368,512Net Assets 2011: $294,4002011Assets 2012: $3,939,237Liabilities 2012: $3,615,904Net Assets 2012: $323,3332012Assets 2013: $4,115,901Liabilities 2013: $3,749,531Net Assets 2013: $366,3702013Assets 2014: $4,193,085Liabilities 2014: $3,833,042Net Assets 2014: $360,0432014Assets 2015: $4,816,816Liabilities 2015: $4,447,973Net Assets 2015: $368,8432015Assets 2016: $5,041,092Liabilities 2016: $4,662,119Net Assets 2016: $378,9732016Assets 2017: $5,162,428Liabilities 2017: $4,759,631Net Assets 2017: $402,7972017Assets 2018: $5,414,595Liabilities 2018: $4,988,219Net Assets 2018: $426,3762018Assets 2019: $5,675,997Liabilities 2019: $5,265,583Net Assets 2019: $410,4142019Assets 2020: $6,029,950Liabilities 2020: $5,601,049Net Assets 2020: $428,9012020Assets 2021: $5,003,841Liabilities 2021: $4,542,405Net Assets 2021: $461,4362021Assets 2022: $5,294,854Liabilities 2022: $4,830,629Net Assets 2022: $464,2252022Assets 2023: $5,480,692Liabilities 2023: $5,033,025Net Assets 2023: $447,6672023Assets 2024: $4,834,333Liabilities 2024: $4,396,200Net Assets 2024: $438,1332024

Highlighted filing

2019

Assets$5,675,997
Liabilities$5,265,583
Net Assets$410,414
Open 2019 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $387,5392010Expenses 2011: $394,4782011Revenue 2012: $340,077Expenses 2012: $311,144Net Income 2012: $28,9332012Revenue 2013: $326,060Expenses 2013: $283,023Net Income 2013: $43,0372013Revenue 2014: $263,752Expenses 2014: $270,079Net Income 2014: -$6,3272014Revenue 2015: $291,811Expenses 2015: $283,011Net Income 2015: $8,8002015Revenue 2016: $339,897Expenses 2016: $329,767Net Income 2016: $10,1302016Revenue 2017: $357,659Expenses 2017: $333,835Net Income 2017: $23,8242017Revenue 2018: $411,609Expenses 2018: $388,030Net Income 2018: $23,5792018Revenue 2019: $397,405Expenses 2019: $413,367Net Income 2019: -$15,9622019Revenue 2020: $358,996Expenses 2020: $340,509Net Income 2020: $18,4872020Revenue 2021: $338,341Expenses 2021: $305,806Net Income 2021: $32,5352021Revenue 2022: $317,940Expenses 2022: $315,151Net Income 2022: $2,7892022Revenue 2023: $349,567Expenses 2023: $366,125Net Income 2023: -$16,5582023Revenue 2024: $356,928Expenses 2024: $366,462Net Income 2024: -$9,5342024

Highlighted filing

2019

Revenue$397,405
Expenses$413,367
Net Income-$15,962
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$397,405
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,625,838$4,661,291▲ $35,453
Savings and Temporary Cash Investments$566,648$825,763▲ $259,115
Rtn Earn Endowment Incm Other Fnds$426,376$410,414▼ $15,962
Cash and Non-Interest-Bearing Accounts$59,148$31,428▼ $27,720
Land, Buildings, and Equipment, Net$29,665$22,111▼ $7,554
Investments Other Securities$20,000$20,000→ $0
Prepaid Expenses and Deferred Charges$7,396$9,356▲ $1,960
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,414,595$5,675,997▲ $261,402
Other Assets Total$105,900$106,048▲ $148
Liabilities
Other Liabilities$4,974,622$5,250,208▲ $275,586
Accounts Payable and Accrued Expenses$13,597$15,375▲ $1,778
Total Liabilities$4,988,219$5,265,583▲ $277,364
Net Assets / Fund Balance
Total Net Assets Fund Balance$426,376$410,414▼ $15,962
Total Liabilities and Net Assets / Fund Balance$5,414,595$5,675,997▲ $261,402

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,111$115,467$137,578
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sherry EspinozaCEOFT$72,063$72,063

Board Members and Trustees

NameTitle
Dawn McnightChairman
Dan CuhlaneVice Chair
Alexandra GarzaDirector
Carrie HaleDirector
Lisa CulpepperDirector
Anita MarchantSecretary
Deanna AlbrechtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$389,921
Investment Income
$7,484
Other Revenue
$0
Change in Net Assets
$-15,962
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$254,773
Salaries, Compensation, and Employee Benefits$158,594
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$73,817
Current Officers, Directors, Trustees, and Key Employees---$72,063
Fees for Services Other---$48,174
Occupancy---$27,179
Other Expenses---$17,628
Depreciation Depletion---$11,386
Payroll Taxes---$10,827
All Other Expenses---$3,109
Advertising---$2,012
Other Employee Benefits---$1,887
Travel---$676
Interest---$10
Total Functional Expenses$0$0$0$413,367
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Shares, Deposits and Certificates$5,250,208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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.”

Filing and Contact Details

Filer

Filer Name
Options Credit Union
EIN
84-0818111
Phone
3038601117
Address
5935 S ZANG ST NO 4, LITTLETON, CO 80127

Signing Officer

Name
Sherry Espinoza
Title
CEO
Phone
3038601117
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Espinoza
Formed
1979
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Jones Mertsching Cpas Pc
Address
32186 CASTLE COURT SUITE 220, EVERGREEN, CO 80439
Preparer
Eric L Jones CPA
Phone
3034809090
Supplemental Narrative

Additional Explanations

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 IX, Line 11G

“OTHER 48,174.”

Raw XML Appendix347 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013597
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015375
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPTIONS 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.
IRS990/AdvertisingGrp/TotalAmt02012
IRS990/AllOtherExpensesGrp/TotalAmt03109
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE CREDIT UNION
IRS990/BooksInCareOfDetail/PhoneNum03038601117
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05935 S ZANG ST 4
IRS990/BooksInCareOfDetail/USAddress/CityNm0LITTLETON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080127
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt059148
IRS990/CashNonInterestBearingGrp/EOYAmt031428
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt072063
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07484
IRS990/CYOtherExpensesAmt0254773
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0389921
IRS990/CYRevenuesLessExpensesAmt0-15962
IRS990/CYSalariesCompEmpBnftPaidAmt0158594
IRS990/CYTotalExpensesAmt0413367
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0397405
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt011386
IRS990/Desc0THE CREDIT UNION IS OWNED BY APPROXIMATELY 800 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.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/TotalAmt048174
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DAWN MCNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm1CARRIE HALE
IRS990/Form990PartVIISectionAGrp/PersonNm2ALEXANDRA GARZA
IRS990/Form990PartVIISectionAGrp/PersonNm3LISA CULPEPPER
IRS990/Form990PartVIISectionAGrp/PersonNm4DAN CUHLANE
IRS990/Form990PartVIISectionAGrp/PersonNm5DEANNA ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm6ANITA MARCHANT
IRS990/Form990PartVIISectionAGrp/PersonNm7SHERRY ESPINOZA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt772063
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0397405
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt010
IRS990/InvestmentIncomeGrp/ExclusionAmt07484
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07484
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt020000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt020000
IRS990/IRPDocumentCnt061
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0115467
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029665
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022111
IRS990/LandBldgEquipCostOrOtherBssAmt0137578
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OPTIONS 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0426376
IRS990/NetAssetsOrFundBalancesEOYAmt0410414
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt027179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0105900
IRS990/OtherAssetsTotalGrp/EOYAmt0106048
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01887
IRS990/OtherExpensesGrp/Desc0OFFICE OPERATIONS EXPEN
IRS990/OtherExpensesGrp/Desc1DIVIDENDS & INTEREST -M
IRS990/OtherExpensesGrp/Desc2PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc3LOAN SERVICING EXPENSE
IRS990/OtherExpensesGrp/TotalAmt068161
IRS990/OtherExpensesGrp/TotalAmt138448
IRS990/OtherExpensesGrp/TotalAmt237990
IRS990/OtherExpensesGrp/TotalAmt317628
IRS990/OtherLiabilitiesGrp/BOYAmt04974622
IRS990/OtherLiabilitiesGrp/EOYAmt05250208
IRS990/OtherSalariesAndWagesGrp/TotalAmt073817
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04625838
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04661291
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt010827
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07396
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09356
IRS990/PrincipalOfficerNm0SHERRY ESPINOZA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST MEMBER LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEES MEMBER SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0318503
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147612
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt223806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0318503
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223806
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08781
IRS990/PYOtherExpensesAmt0224048
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0402828
IRS990/PYRevenuesLessExpensesAmt023579
IRS990/PYSalariesCompEmpBnftPaidAmt0163982
IRS990/PYTotalExpensesAmt0388030
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0411609
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-15962
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0426376
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0410414
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0566648
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0825763
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022111
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0115467
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0137578
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05250208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SHARES, DEPOSITS AND CERTIFICATES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022111
IRS990ScheduleD/TotalLiabilityAmt05250208
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NUMBER 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 7A EXPLANATION - THE MEMBERS ELECT THE GOVERNING BODY BY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LINE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DIRECTOR 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CEO'S COMPENSATION EVALUATION IS COMPLETED ANNUALLY BY THE BOARD OF DIRECTORS. ALL OTHER STAFF POSITIONS ARE EVALUATED BY THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS ARE AVAILABLE FOR REVIEW IN THE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER 48,174.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART 1,LINE 5 &PART V, LINE 2A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05414595
IRS990/TotalAssetsEOYAmt05675997
IRS990/TotalAssetsGrp/BOYAmt05414595
IRS990/TotalAssetsGrp/EOYAmt05675997
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0413367
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04988219
IRS990/TotalLiabilitiesEOYAmt05265583
IRS990/TotalLiabilitiesGrp/BOYAmt04988219
IRS990/TotalLiabilitiesGrp/EOYAmt05265583
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0426376
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0410414
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0389921
IRS990/TotalReportableCompFromOrgAmt072063
IRS990/TotalRevenueGrp/ExclusionAmt07484
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0389921
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0397405
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05414595
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05675997
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0676
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05935 S ZANG ST NO 4
IRS990/USAddress/CityNm0LITTLETON
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080127
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.COLORADOLEGAL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRY ESPINOZA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03038601117
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPTIONS CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0OPTI
ReturnHeader/Filer/EIN0840818111
ReturnHeader/Filer/PhoneNum03038601117
ReturnHeader/Filer/USAddress/AddressLine1Txt05935 S ZANG ST NO 4
ReturnHeader/Filer/USAddress/CityNm0LITTLETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080127
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B73A8CD59F8E320325ACAFFA3C9A9E2EF09CBD1F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.78.23.173
ReturnHeader/FilingSecurityInformation/IPDt02020-11-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MS
ReturnHeader/FilingSecurityInformation/IPTm009:31:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0840919886
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JONES MERTSCHING CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032186 CASTLE COURT SUITE 220
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EVERGREEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080439
ReturnHeader/PreparerPersonGrp/PhoneNum03034809090
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC L JONES CPA
ReturnHeader/ReturnTs02020-11-11T09:31:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,675,997
Liabilities
$5,265,583
Net assets
$410,414
Revenue
$397,405
Expenses
$413,367
Net income
-$15,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$4.40$0.44$0.36$0.37$0.01
2023Summary only. Only limited summary data is available for this year.$5.48$5.03$0.45$0.35$0.37$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$4.83$0.46$0.32$0.32$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$4.54$0.46$0.34$0.31$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.03$5.60$0.43$0.36$0.34$0.02
2019Detailed filing. Detailed filing data is available for this year.$5.68$5.27$0.41$0.40$0.41$0.02
2018Summary only. Only limited summary data is available for this year.$5.41$4.99$0.43$0.41$0.39$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$4.76$0.40$0.36$0.33$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.04$4.66$0.38$0.34$0.33$0.01
2015Summary only. Only limited summary data is available for this year.$4.82$4.45$0.37$0.29$0.28$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.19$3.83$0.36$0.26$0.27$0.01
2013Detailed filing. Detailed filing data is available for this year.$4.12$3.75$0.37$0.33$0.28$0.04
2012Summary only. Only limited summary data is available for this year.$3.94$3.62$0.32$0.34$0.31$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$3.37$0.29$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$4.06$0.33$0.39
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)14 • $5M-$10M nonprofits