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Filing year 2024

ELEVATIONS CREDIT UNION

Boulder, Colorado·EIN 84-0459116·501(c)(14)
Total revenue
$216.4M
Total assets
$3.4B
Total expenses
$182M
Reported officers
24
Mission

TOGETHER WE CREATE SOLUTIONS FOR A BETTER LIFE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$3.6M
$3.8M
Base
$829k
Bonus
$462k
Other
$2.3M
Benefits
$15k
Chief Financial Officer
Above 90th percentile
$1.3M
$1.4M
Base
$526k
Bonus
$202k
Other
$510k
Benefits
$19k
Mortgage Loan Originator
Highest Compensated Employee
Above 90th percentile
$877k
$933k
Base
Bonus
Other
$844k
Benefits
$19k
VP Wealth Management
Board Vice President
Above 90th percentile
$830k
$883k
Base
$177k
Bonus
Other
$624k
Benefits
$15k
SVP Lending
Senior Vice President
Above 90th percentile
$703k
$748k
Base
$211k
Bonus
Other
$466k
Benefits
$13k
General Counsel
Key Employee
Above 90th percentile
$682k
$726k
Base
$473k
Bonus
$176k
Other
Benefits
$19k
VP Mortgage Sales
Board Vice President
Above 90th percentile
$675k
$718k
Base
$174k
Bonus
Other
$466k
Benefits
$21k
Mortgage Sales Manager
Highest Compensated Employee
Above 90th percentile
$667k
$710k
Base
$80k
Bonus
Other
$564k
Benefits
$10k
Chief Operating Officer
Above 90th percentile
$666k
$709k
Base
$464k
Bonus
$169k
Other
Benefits
$19k
Chief People Officer
Key Employee
Above 90th percentile
$626k
$667k
Base
$429k
Bonus
$164k
Other
Benefits
$19k
Chief Technology Officer
Key Employee
Above 90th percentile
$547k
$583k
Base
$369k
Bonus
$144k
Other
Benefits
$21k
Chief Marketing Officer
Key Employee
Above 90th percentile
$507k
$540k
Base
$364k
Bonus
$120k
Other
Benefits
$10k
Chair
Board Chair
Median to 75th percentile
$64k
$68k
Vice Chair
Board Vice Chair
75th to 90th percentile
$53k
$56k
Treasurer
Officer (Unspecified)
$53k
$56k
Director
Board Member
Median to 75th percentile
$52k
$55k
Director
Board Member
Median to 75th percentile
$50k
$53k
Secretary
Officer (Unspecified)
$50k
$53k
Director
Board Member
Median to 75th percentile
$50k
$53k
Director
Board Member
Median to 75th percentile
$46k
$49k
Chair Until Apr 2024
Board Chair
Median to 75th percentile
$40k
$43k
Director Until Apr 2024
Board Member
Median to 75th percentile
$29k
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Up 173%
from 2023

From $1.3M in 2023 to $3.6M in 2024.

$1.3M
2023
$3.6M
2024
In today's dollarsEst.
Up 166% in real terms$1.4M to $3.8M

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 189% from 2023 to 2024, while revenue rose 14%.

$1.2M in 2023 to $3.6M in 2024.
  • Chief Financial Officer pay rose 61% from 2023 to 2024.
  • Highest Compensated Employee pay rose 29% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ELEVATIONS CREDIT UNION reported revenue and expenses across 2 filing years.

RevenueExpenses
$190.5M
$162.9M
2023
$216.4M
$182M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ELEVATIONS CREDIT UNION

What does the Chief Executive Officer of ELEVATIONS CREDIT UNION earn?

In 2024, the Chief Executive Officer of ELEVATIONS CREDIT UNION received $3,569,553 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ELEVATIONS CREDIT UNION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ELEVATIONS CREDIT UNION falls in the top 10%.

What are ELEVATIONS CREDIT UNION's revenue and expenses?

In 2024, ELEVATIONS CREDIT UNION reported $216.4M in total revenue and $182M in total expenses on its IRS Form 990.

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