Daymet Credit Union

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

EIN: 310616172 ✦ Dayton, OH ✦ Designated as a 501(c)(14)

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Overview

What is Daymet Credit Union?

Daymet Credit Union is a state-chartered credit union, headquartered in Dayton, Ohio, with a postal address at PO Box 13087. Its primary mission is to offer financial services and products to its members, including credit card and line of credit loans, vehicle loans, mortgage loans, and various other loan options. The credit union contributes to the prosperity and financial growth of its members by providing innovative services, support, and education. As of 2022, Daymet Credit Union employs a team of 29 individuals, demonstrating its commitment to serving its members effectively.


Official website here: www.daymetcu.com

What do the Facebook reviews say about Daymet Credit Union?

72% of the 20 reviewers on Facebook recommend Daymet Credit Union. Here is a summary of their reviews:

Overall, many customers appreciate the strong sense of community and family atmosphere that the credit union fosters. A few reviewers highlight the personal connection and supportive environment that make them feel welcomed and valued as members.

However, the recommendation rate suggests that there are mixed feelings, with some individuals feeling less satisfied with certain aspects of the services. While positive sentiments about the family-oriented approach are prominent, it's clear that there are areas for improvement based on the varied experiences shared.


This AI summary has been generated from reviews found on Facebook.

Is Daymet Credit Union legitimate?

Daymet Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Daymet 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: $587,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,514,701

For more financial information, click here


Official website here: www.daymetcu.com

What is the mission statement of Daymet Credit Union?

Daymet Credit Union, as a state-chartered credit union, is committed to providing its members with financial services and products. Daymet Credit Union, Inc. contributes to their members' prosperity and financial growth through innovative services, support, and education. By offering credit card and line of credit loans, vehicle loans, mortgage loans, and other loans to its members in 2022, the credit union aims to support its members' financial needs. This approach allows Daymet Credit Union to contribute to its members' financial growth and well-being.


Official website here: www.daymetcu.com

Who is the CEO of Daymet Credit Union?

Steven Shore is the Director of Daymet Credit Union. The CEO's salary of Daymet Credit Union is $224,349 and their total compensation is $224,349.


Official website here: www.daymetcu.com

What is the revenue of Daymet Credit Union?

Daymet Credit Union's revenue in 2022 was $5,514,846.


Official website here: www.daymetcu.com

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

The average compensation at Daymet Credit Union during 2022 was $72,496. There are 29 employees at Daymet Credit Union.


Here are 11 key members and their salaries (Daymet Credit Union's CEO's salary is $224,349 and their total compensation is $224,349):


Amelia V Law (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen R Norris (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Rogers (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Kiley (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica A Osbourne (Treasurer/Finanical Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Mcguffey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Kabel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Clark (Svp Of Operations)
  • Compensation: $132,785
  • Related: $0
  • Other: $0
Christopher Sadlier (Director Of Finance)
  • Compensation: $123,613
  • Related: $0
  • Other: $0
Jaime Crooks (Vp Of Marketing)
  • Compensation: $106,941
  • Related: $0
  • Other: $0
Steven D Shore (President & Ceo)
  • Compensation: $224,349
  • Related: $0
  • Other: $0


Official website here: www.daymetcu.com

Where can I find the form 990 for Daymet Credit Union?

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


Official website here: www.daymetcu.com

Learn more at the official website: www.daymetcu.com

Mission Statement of Daymet Credit Union

Daymet Credit Union, as a state-chartered credit union, is dedicated to providing its members with a variety of financial services and products. Their mission, in simpler terms, is to contribute to the prosperity and financial growth of their members by offering innovative services, support, and education. Daymet Credit Union, Inc., through its operations, aims to support its members' financial needs by providing credit card and line of credit loans, vehicle loans, mortgage loans, and other loan options in 2022. Their commitment to their members' financial well-being is evident in their wide range of loan offerings. By offering these financial services, Daymet Credit Union seeks to empower its members and support their financial growth.

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Impact




October, 2024

Daymet Credit Union plays a significant role in fostering financial wellbeing and prosperity within the Dayton community. By offering a variety of financial services and products, including credit card and line of credit loans, vehicle loans, mortgage loans, and other lending options, Daymet empowers its members to achieve their financial goals.

In 2022, the credit union provided essential lending services that cater to the diverse needs of its members, supporting them in making significant purchases, investing in their education, and managing everyday expenses. Through innovative offerings and a commitment to member education, Daymet Credit Union contributes to financial growth and stability, enhancing the overall economic landscape of Dayton, Ohio. Additionally, its focus on support and community engagement ensures that members are equipped with the knowledge and resources necessary for informed financial decision-making, fostering a culture of financial literacy and empowerment.




This information is meant to be a general summary of Daymet 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
$5,514,846 (2022)
Expenses
$4,902,039 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $311,946
  • Program Service Revenue: $5,202,900
  • Gross Receipts: $5,514,846

Assets and Liabilities:

  • Total Assets: $121,460,418
  • Total Liabilities: $112,882,866
  • Net Assets: $8,577,552

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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

$3,967,490

OTHER INCOME

Revenue

$1,235,410

Organization Details

Founding Year

1957

Principal Officer

Steven Shore

Main Address

PO BOX 13087, DAYTON, OH, 45413

NTEE Category

Code: W60 - Public benefit

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