Dort Financial Credit Union

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

EIN: 381440283 ✦ Grand blanc, MI ✦ Designated as a 501(c)(14)

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Overview

What is Dort Financial Credit Union?

Dort Financial Credit Union is a Michigan-based financial institution serving over 104,000 members. With a total asset value of $1.25 billion, they offer various financial services and products, including regular shares, share drafts, certificates of deposit, and Individual Retirement Accounts (IRAs). The organization's mission is to provide quality financial services to its members, opening doors to better financial opportunities. Dort Financial Credit Union proudly employs a team of 360 individuals dedicated to serving their community.


Official website here: www.dortonline.org

Is Dort Financial Credit Union legitimate?

Dort Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Dort Financial 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: $1,760,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,128,889

For more financial information, click here


Official website here: www.dortonline.org

What is the mission statement of Dort Financial Credit Union?

Dort Financial Credit Union is dedicated to delivering quality financial services to its member base. Their mission is to open doors for their members by providing these essential services. They offer various accounts including regular shares, share draft, certificates of deposit, and IRA accounts, collectively totaling over a billion dollars in assets. The credit union serves approximately 104,884 members.


Official website here: www.dortonline.org

Who is the CEO of Dort Financial Credit Union?

Brian Waldron is the Chairman Of The Board of Dort Financial Credit Union. The CEO's salary of Dort Financial Credit Union is $228,896 and their total compensation is $259,814.


Official website here: www.dortonline.org

What is the revenue of Dort Financial Credit Union?

Dort Financial Credit Union's revenue in 2022 was $82,148,923.


Official website here: www.dortonline.org

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

The average compensation at Dort Financial Credit Union during 2022 was $44,138. There are 360 employees and 7 volunteers at Dort Financial Credit Union.


Here are 18 key members and their salaries (Dort Financial Credit Union's CEO's salary is $228,896 and their total compensation is $259,814):


Wayne Natzke (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Stoddard (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Kidd (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Sells (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Allan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Piercy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Kittle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Waldron (President/Ceo)
  • Compensation: $452,357
  • Related: $0
  • Other: $15,709
Vicki Hawkins (President/Ceo - Part Year)
  • Compensation: $228,896
  • Related: $0
  • Other: $30,918
Jeremy Zager (Cfo)
  • Compensation: $274,105
  • Related: $0
  • Other: $45,134
Deana Turcott (Vp Human Resources)
  • Compensation: $201,088
  • Related: $0
  • Other: $37,166
Daniel Gatfield (Vp Operations)
  • Compensation: $208,993
  • Related: $0
  • Other: $28,168
Michael Anderson (Vp Information Systems)
  • Compensation: $201,622
  • Related: $0
  • Other: $36,647
Sharon Lobo (Vp Lending)
  • Compensation: $145,188
  • Related: $0
  • Other: $5,111
Laura Nestor (Director Of Marketing - Part Year)
  • Compensation: $131,584
  • Related: $0
  • Other: $26,037
Drew Goodrich (Investment Advisor)
  • Compensation: $163,751
  • Related: $0
  • Other: $32,723
Brett Husted (Network Administrator)
  • Compensation: $138,657
  • Related: $0
  • Other: $23,361
Kevin Caragay (Commercial Lending Manager)
  • Compensation: $149,397
  • Related: $0
  • Other: $31,973


Official website here: www.dortonline.org

Where can I find the form 990 for Dort Financial Credit Union?

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


Official website here: www.dortonline.org

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

Mission Statement of Dort Financial Credit Union

Dort Financial Credit Union, a leading financial institution, is dedicated to opening doors for its members by providing quality financial services. With a mission to serve, the credit union offers various financial products and services, including regular shares, share draft accounts, certificates of deposit, and Individual Retirement Accounts (IRAs). These offerings amount to a significant total of $1,250,354,935, catering to a diverse membership base of 104,884 individuals. By prioritizing the needs of its members, Dort Financial Credit Union strives to create opportunities for financial growth and stability.

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Impact




October, 2024

Dort Financial Credit Union significantly impacts its community by providing essential financial services and products to its 104,884 members. With a strong emphasis on accessibility and quality, it offers regular shares, share drafts, certificates of deposit, and IRA accounts, collectively totaling over $1.25 billion. Located in Grand Blanc, MI, Dort Financial is dedicated to opening doors for its members, ensuring they have the financial tools necessary to achieve their goals and improve their economic well-being. This commitment not only strengthens individual financial health but also contributes to the overall economic vitality of the community.




This information is meant to be a general summary of Dort Financial 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
$82,148,923 (2022)
Expenses
$62,306,924 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,714,349
  • Program Service Revenue: $77,434,574
  • Gross Receipts: $84,281,644

Assets and Liabilities:

  • Total Assets: $1,504,357,827
  • Total Liabilities: $1,309,505,757
  • Net Assets: $194,852,070

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Programs

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

MEMBER LOAN INCOME

Revenue

$54,074,999

FEE/OTHER INCOME

Revenue

$23,359,575

Organization Details

Founding Year

1951

Principal Officer

Brian Waldron

Main Address

9048 HOLLY ROAD, GRAND BLANC, MI, 48439

NTEE Category

Code: W60 - Public benefit

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