Nonprofit · EIN 84-0519638
CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO
Also known as PEOPLES CREDIT UNION
Tax-exempt · SPRINGFIELD, CO 81073
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,231,711 | $4,084,002 | $1,147,709 | $73,538,911 | $59,506,952 | $14,031,959 |
| December 31, 2024 | 990 | $4,607,281 | $4,405,062 | $202,219 | $70,151,177 | $57,305,780 | $12,845,397 |
| December 31, 2023 | 990 | $3,792,096 | $2,916,835 | $875,261 | $66,445,218 | $53,788,441 | $12,656,777 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,644,400
- Investment income
- $587,311
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $109,000
- Other salaries and wages
- $975,181
- Salaries, compensation and benefits (total)
- $1,427,552
- Professional fundraising fees
- $0
- Legal fees
- $2,216
- Accounting fees
- $28,746
- Occupancy
- $80,016
- Depreciation
- $141,675
- Program services (functional)
- $4,084,002
Balance sheet and other
- Total assets, start of year
- $70,151,177
- Total assets, end of year
- $73,538,911
- Total liabilities, end of year
- $59,506,952
- Net assets, end of year
- $14,031,959
- Land, buildings and equipment
- $1,553,776
- Gross unrelated business income
- $3,001
- Gross receipts
- $5,231,711
- Employees
- 21
- Volunteers
- 11
- Year formed
- 1956
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Spencer Homsher | CEO Officer, Highest-paid employee | 40 | $109,000 |
| Larkin Smith | Board Chair Trustee or director, Officer | 1 | $0 |
| Dawn Rodarmel | Vice Chair Trustee or director, Officer | 1 | $0 |
| Bill Hall | Treasurer Trustee or director, Officer | 1 | $0 |
| Wendi Rider | Secretary Trustee or director, Officer | 1 | $0 |
| Jose Morris | Director Trustee or director | 1 | $0 |
| Linda Lusk | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Spencer Homsher | CEO Officer, Highest-paid employee | 40 | $87,994 |
| Linda Lusk | Board Chair Trustee or director, Officer | 1 | $0 |
| James Faull | Vice Chair Trustee or director, Officer | 1 | $0 |
| Dawn Rodarmel | Treasurer Trustee or director, Officer | 1 | $0 |
| Larkin Smith | Secretary Trustee or director, Officer | 1 | $0 |
| Dennis Jordan | Director Trustee or director | 1 | $0 |
| Bill Hall | Director Trustee or director | 1 | $0 |
| Wendi Rider | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deann Billings | CEO Officer, Highest-paid employee | 40 | $122,000 |
| Linda Lusk | Board Chair Trustee or director, Officer | 1 | $0 |
| James Faull | Vice Chair Trustee or director, Officer | 1 | $0 |
| Dawn Rodarmel | Treasurer Trustee or director, Officer | 1 | $0 |
| Larkin Smith | Secretary Trustee or director, Officer | 1 | $0 |
| Dennis Jordan | Director Trustee or director | 1 | $0 |
| Bill Hall | Director Trustee or director | 1 | $0 |
| Wendi Rider | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 125 MAIN ST, SPRINGFIELD, CO 81073-1119
- Principal officer (990 for 2025)
- Spencer Homsher, 125 Main St, Springfield, CO 81073
- Signed the 990
- Spencer Homsher, CEO
- Phone
- (719) 523-6250
- Website
- www.peoples-cu.org
- Return prepared by
- Greg R Schmidt CPA
Mission
State Chartered Credit Union
Program accomplishments
- Share Accounts: Peoples Credit Union provides share accounts paying dividends quarterly.
- Checking Accounts: Peoples Credit Union provides checking accounts for its members.
- Loans: Peoples Credit Union provides loans of all types.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-0519638
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1948: CREDIT UNIONS CHARTERED IN COLORADO
- Assets (IRS master file)
- $73,538,911
- Income (IRS master file)
- $5,231,711
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,231,711 | $4,084,002 | $73,538,911 | IRS |
| 990 | December 2024 | $4,607,281 | $4,405,062 | $70,151,177 | XML |
| 990 | December 2023 | $3,792,096 | $2,916,835 | $66,445,218 | XML |
| 990 | December 2022 | $3,034,890 | $2,302,119 | $65,589,501 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-0519638).
Questions about CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO
- What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO?
- The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO is 84-0519638.
- Is CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1968.
- Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO?
- The 990 for the year ended December 31, 2025 names Spencer Homsher.
- Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $109,000 (Spencer Homsher, CEO).
- How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF COLORADO have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,231,711, expenses of $4,084,002 and total assets of $73,538,911 at year end.
Other nonprofits in SPRINGFIELD
- OGALLALA COMMONS INC EIN 33-1144011 · last filed 990 for 2024
- BERNARD C & HAZEL NEILL FOUNDATION INC EIN 84-1179022 · last filed 990-PF for 2025
- EMMA BELLE TOLBERT CHARITABLE TR EIN 84-6355695 · last filed 990-PF for 2024
- BLUE ROSE RANCH INC EIN 20-4541576 · last filed 990 for 2025
- BACA FAIR & RODEO INC EIN 87-0742926 · last filed 990-EZ for 2025
- SPRINGFIELD COUNCIL FOR THE ARTS AND HUMANITIES EIN 84-1246867 · last filed 990-EZ for 2025
- RUTHERFORD FOUNDATION EIN 84-0751642 · last filed 990-PF for 2024
- BACA COUNTY ECONOMIC DEVELOPMENT COMMISSION EIN 84-1240077 · last filed 990-EZ for 2025