Dutch Point Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 066039973 ✦ Wethersfield, CT ✦ Designated as a 501(c)(14)

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Overview

What is Dutch Point Credit Union?

Dutch Point Credit Union is a trusted financial partner, committed to enhancing the financial well-being of its members. Their mission encompasses education, service, and delight, all while delivering Credit Union services. By focusing on education, they empower members with financial knowledge and skills. Through service, they cater to the financial needs of their community, and with delight, they strive to create positive experiences. Dutch Point Credit Union's core objective is to provide essential financial services and resources to its members.


Official website here: www.dutchpoint.org

Is Dutch Point Credit Union legitimate?

Dutch Point Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Dutch Point Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,187,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,728,211

For more financial information, click here


Official website here: www.dutchpoint.org

What is the mission statement of Dutch Point Credit Union?

Dutch Point Credit Union is dedicated to enhancing the financial well-being of its members. As a trusted partner, the credit union strives to achieve this by offering credit union services and providing financial education. Its mission, "educate. Serve. Delight.", reflects its commitment to these goals. Through its financial solutions and educational resources, Dutch Point Credit Union aims to make a positive impact on its members' lives. The credit union's services are designed to meet the financial needs of its members, and its educational initiatives help members make informed decisions about their money. By focusing on both serving its members and delighting them with exceptional experiences, Dutch Point Credit Union sets itself apart as a valued financial partner.


Official website here: www.dutchpoint.org

Who is the CEO of Dutch Point Credit Union?

Charlyn Tanner is the Ceo of Dutch Point Credit Union. The CEO's salary of Dutch Point Credit Union is $412,027 and their total compensation is $632,213.


Official website here: www.dutchpoint.org

What is the revenue of Dutch Point Credit Union?

Dutch Point Credit Union's revenue in 2022 was $16,104,294.


Official website here: www.dutchpoint.org

Who are the executives of Dutch Point Credit Union and what are their salaries?

The average compensation at Dutch Point Credit Union during 2022 was $42,375. There are 116 employees at Dutch Point Credit Union.


Here are 12 key members and their salaries (Dutch Point Credit Union's CEO's salary is $412,027 and their total compensation is $632,213):


Francis R N Proto (Ceo)
  • Compensation: $412,027
  • Related: $0
  • Other: $220,186
Charlyn Tanner (President And Secretary)
  • Compensation: $262,175
  • Related: $0
  • Other: $74,607
Anthony Sacchetti (Chief Member Experience Officer)
  • Compensation: $138,712
  • Related: $0
  • Other: $17,493
Michael Kleinschmitt (Chief Financial Officer)
  • Compensation: $169,291
  • Related: $0
  • Other: $21,910
Michael E Curtin (Vice Chairman)
  • Compensation: $687
  • Related: $0
  • Other: $0
Richard S Zajack (Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Tuell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Aube (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
August L Defrance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Deslippe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven W Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marguerite Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dutchpoint.org

Where can I find the form 990 for Dutch Point Credit Union?

Dutch Point Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dutchpoint.org

Learn more at the official website: www.dutchpoint.org

Mission Statement of Dutch Point Credit Union

Dutch Point Credit Union, with its mission to "educate, serve, and delight," is committed to enhancing the financial well-being of its members. As a reliable partner, the credit union goes beyond just offering credit union services; it strives to make a positive impact on members' financial lives. By incorporating education into its offerings, Dutch Point Credit Union empowers its members to make informed decisions and take control of their finances. Through its dedicated mission, the credit union serves its members with a personalized and enjoyable experience. Providing credit union services is at the heart of Dutch Point Credit Union's operations, as it aims to help members reach their financial goals and build a better financial future.

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Impact




October, 2024

Dutch Point Credit Union positively impacts its members and the community by enhancing financial well-being through a combination of tailored financial solutions and educational initiatives. By focusing on the mission to "educate, serve, and delight," the credit union not only provides essential financial services but also empowers individuals with the knowledge and resources they need to make informed financial decisions. Located in Wethersfield, CT, Dutch Point Credit Union plays a vital role as a trusted partner, helping its members achieve their financial goals while fostering a sense of community and public benefit.




This information is meant to be a general summary of Dutch Point Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$16,104,294 (2022)
Expenses
$12,872,368 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,237,910
  • Program Service Revenue: $12,866,384
  • Gross Receipts: $21,713,366

Assets and Liabilities:

  • Total Assets: $467,297,066
  • Total Liabilities: $421,979,861
  • Net Assets: $45,317,205

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$8,422,119

INTERCHANGE INCOME

Revenue

$2,208,779

FEES AND CHARGES

Revenue

$2,037,437

OTHER INCOME

Revenue

$198,049

Organization Details

Founding Year

1960

Principal Officer

Charlyn Tanner

Main Address

195 SILAS DEANE HIGHWAY, WETHERSFIELD, CT, 061091283

NTEE Category

Code: W60 - Public benefit

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