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Filing year 2024

ELEVATIONS CREDIT UNION

Boulder, Colorado·EIN 84-0459116·14
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 · Schedule J · 22 reported individuals · Filing year 2024

$3.6M
$3.8M
Base
$829k
Bonus
$462k
Other
$2.3M
Benefits
$15k
Chief Financial Officer
$1.3M
$1.4M
Base
$526k
Bonus
$202k
Other
$510k
Benefits
$19k
Mortgage Loan Originator
highest compensated employee
$877k
$933k
Base
Bonus
Other
$844k
Benefits
$19k
VP Wealth Management
vice president
$830k
$883k
Base
$177k
Bonus
Other
$624k
Benefits
$15k
SVP Lending
senior vice president
$703k
$748k
Base
$211k
Bonus
Other
$466k
Benefits
$13k
General Counsel
key employee
$682k
$726k
Base
$473k
Bonus
$176k
Other
Benefits
$19k
VP Mortgage Sales
vice president
$675k
$718k
Base
$174k
Bonus
Other
$466k
Benefits
$21k
Mortgage Sales Manager
highest compensated employee
$667k
$710k
Base
$80k
Bonus
Other
$564k
Benefits
$10k
Chief Operating Officer
$666k
$709k
Base
$464k
Bonus
$169k
Other
Benefits
$19k
Chief People Officer
key employee
$626k
$667k
Base
$429k
Bonus
$164k
Other
Benefits
$19k
Chief Technology Officer
key employee
$547k
$583k
Base
$369k
Bonus
$144k
Other
Benefits
$21k
Chief Marketing Officer
key employee
$507k
$540k
Base
$364k
Bonus
$120k
Other
Benefits
$10k
Chair
board chair
$64k
$68k
Vice Chair
board vice chair
$53k
$56k
Treasurer
officer (unspecified)
$53k
$56k
Director
board member
$52k
$55k
Director
board member
$50k
$53k
Secretary
officer (unspecified)
$50k
$53k
Director
board member
$50k
$53k
Director
board member
$46k
$49k
Chair Until Apr 2024
board chair
$40k
$43k
Director Until Apr 2024
board member
$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.

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.
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