270 Elevations Credit Union, Boulder Chapter Blacks In Government in Boulder, Colorado (CO)

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270 Elevations Credit Union, Boulder Chapter Blacks In Government
Employer Identification Number (EIN)840459116
Name of Organization270 Elevations Credit Union
Secondary NameBoulder Chapter Blacks In Government
In Care of NameRichard L Shields
Address325 Broadway Ws1, Boulder, CO 80305
Websitehttp://www.bignet.org
ActivitiesGovernment instrumentality or agency (see also 254), Loans or credit reporting
SubsectionCredit Union
Ruling Date08/1968
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,143,995,462
Amount of Income$56,587,174
Form 990 Revenue Amount$56,587,174


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$56,587,174
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$45,506,723
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$5,453,479
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$2,866,650
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $167,380,258
Less: cost or other basis and sales expenses (Securities / Other)$0 / $164,513,608
Gain or (loss) (Securities / Other)$0 / $2,866,650
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,760,322
Statement of Functional Expenses (for 2011)
Total functional expenses$47,650,534
Compensation of current officers, directors, trustees, and key employees$1,044,731
Other salaries and wages$16,025,619
Payroll taxes$1,323,863
Professional fundraising services$0
Other$29,256,321
Balance Sheet (for 2011)
Total assets$1,143,995,462
Total liabilities$1,038,834,956
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$1,038,834,956
Total net assets or fund balances$105,160,506
Retained earnings, endowment, accumulated income, or other funds$105,160,506
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralCredit Unions Chartered In Colorado, Group Return1560 Broadway Ste 950, Denver, CO 80202-6000CO1936-06$0
SubordinateCredit Unions Chartered In The State Of Colorado, 33 Bellco Credit Union7600 E Orchard Rd 400 N, Greenwood Village, CO 80111CO1968-08$285,727,078
SubordinateCredit Unions Chartered In The State Of Colorado, 255 Suncorp Corporate Credit Union11080 Circle Point Rd Ste 500, Westminster, CO 80020-2787CO1968-08$95,297,951
SubordinatePublic Service Credit Union, 43 Public Service Credit Union7055 E Evans Ave 3rd Flr, Denver, CO 80224-2403CO1968-08$75,487,459
SubordinateCredit Unions Chartered In The State Of Colorado, 19 Credit Union Of Colorado1390 Logan St, Denver, CO 80203-2309CO1968-08$67,180,501
Subordinate270 Elevations Credit Union, Boulder Chapter Blacks In Government325 Broadway Ws1, Boulder, CO 80305CO1968-08$56,587,174
SubordinateCredit Unions Chartered In The State Of Colorado, 3 Credit Union Of Denver9305 W Alameda Ave, Lakewood, CO 80226-2830CO1968-08$33,862,787
SubordinateNorlarco Credit Union, 236 Norlarco Credit UnionPO BOX 528, Fort Collins, CO 80522CO1968-08$29,736,273
SubordinateCredit Unions Chartered In The State Of Colorado, 269 Red Rocks Credit Union9325 Dorchester St Ste 200, Hghlnds Ranch, CO 80129-2519CO1968-08$26,942,496
SubordinateCredit Unions Chartered In The State Of Colorado, Sooper Credit Union5590 W Evans Ave, Denver, CO 80227-3714CO1968-08$14,187,520
SubordinateCredit Unions Chartered In The State Of Colorado, Co State Aux Org6511 So Allison St, Littleton, CO 80123CO1968-08$12,965,438
SubordinateCredit Unions Chartered In The State Of Colorado, 181 Boulder Valley Credit Union5505 Arapahoe Ave, Boulder, CO 80303-1334CO1968-08$9,845,021
SubordinateCredit Unions Chartered In The State Of Colorado, 78 Jeffco Credit Union355 Union Blvd, Lakewood, CO 80228-6516CO1968-08$9,411,272
SubordinateCredit Unions Chartered In The State Of Colorado, 147 Aventa Credit Union2735 Dublin Blvd, Colorado Spgs, CO 80918-1360CO1968-08$9,403,461
SubordinateLowry Credit Union, Gateway Credit Unon Incorporated14305 E Alameda Ave, Aurora, CO 80012-2549CO1936-06$8,788,030
SubordinateCredit Unions Chartered In The State Of Colorado, 85 Coors Credit Union816 Washington Ave, Golden, CO 80401-1046CO1968-08$8,616,010
SubordinateCredit Unions Chartered In The State Of Colorado, 260 Minnequa Works Credit Union1549 E Abriendo Ave, Pueblo, CO 81004-3403CO1968-08$8,284,054
SubordinateNorbel Credit Union, 58 Norbel Credit Union1260 S Hover St Ste A, Longmont, CO 80501-7925CO1968-08$8,229,569
SubordinateColorado Credit Union, 264 Colorado Credit Union8331 S Continental Divide Rd, Littleton, CO 80127-4231CO$7,863,080
SubordinateCredit Unions Chartered In The State Of Colorado, 268 Community Financl Credit Union6855 W 119th Ave, Broomfield, CO 80020-2813CO1968-08$7,414,838
Number of affiliated organizations
Colorado56
Total56

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