Overview
What is Datcu?
Datcu is a credit union based in Corinth, Texas, with the address 5940 I35E. They are dedicated to providing their members with a diverse range of competitively priced and efficiently delivered financial services. Their mission is to cater to the financial needs of their members, offering a wide selection of loans. The organization employs 273 individuals.
Official website here: www.datcu.org
Is Datcu legitimate?
Datcu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Datcu 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: $5,530,376
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,318,127
For more financial information, click here
Official website here: www.datcu.org
What is the mission statement of Datcu?
Datcu is committed to offering its membership a diverse selection of competitively priced and expeditiously delivered services. The mission of Datcu is to provide an extensive range of services that cater to the financial needs of its members effectively. The organization extends loans of various kinds to its members.
Official website here: www.datcu.org
Who is the CEO of Datcu?
Glen Mckenzie is the CEO of Datcu The CEO's salary of Datcu is $1,503,373 and their total compensation is $1,563,123.
Official website here: www.datcu.org
What is the revenue of Datcu?
Datcu's revenue in 2023 was $83,447,213.
Official website here: www.datcu.org
Who are the executives of Datcu and what are their salaries?
The average compensation at Datcu during 2023 was $70,859. There are 266 employees and 8 volunteers at Datcu.
Here are 20 key members and their salaries (Datcu's CEO's salary is $1,503,373 and their total compensation is $1,563,123):
- Compensation: $1,885
- Related: $0
- Other: $0
- Compensation: $1,697
- Related: $0
- Other: $0
- Compensation: $713
- Related: $0
- Other: $0
- Compensation: $1,697
- Related: $0
- Other: $0
- Compensation: $1,839
- Related: $0
- Other: $0
- Compensation: $1,813
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,503,373
- Related: $0
- Other: $59,750
- Compensation: $964,665
- Related: $0
- Other: $70,319
- Compensation: $742,296
- Related: $0
- Other: $67,288
- Compensation: $651,585
- Related: $0
- Other: $69,656
- Compensation: $386,830
- Related: $0
- Other: $37,970
- Compensation: $285,197
- Related: $0
- Other: $59,043
- Compensation: $254,423
- Related: $0
- Other: $56,143
- Compensation: $278,103
- Related: $0
- Other: $34,094
- Compensation: $198,402
- Related: $0
- Other: $61,622
- Compensation: $203,071
- Related: $0
- Other: $31,096
- Compensation: $195,733
- Related: $0
- Other: $47,167
- Compensation: $168,277
- Related: $0
- Other: $27,779
- Compensation: $126,006
- Related: $0
- Other: $38,684
Official website here: www.datcu.org
Where can I find the form 990 for Datcu?
Datcu's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.datcu.org
Learn more at the official website: www.datcu.org
Mission Statement of Datcu
Datcu, a mission-driven organization, strives to cater to its members by offering an extensive selection of competitively priced and swiftly delivered services. The primary objective of Datcu is to fulfill the financial requirements of its membership with efficiency and affordability. The credit union extends loans of various types to its members, ensuring they have access to the financial resources they need. By prioritizing affordability and efficiency, Datcu aims to make a positive impact on the lives of its members. Through its wide range of services, Datcu positions itself as a reliable financial partner for its members in their time of need.
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Impact
October, 2024
Datcu significantly enhances the financial well-being of its members by offering a broad spectrum of competitively priced services. With a mission centered on delivering efficient financial solutions, Datcu provides loans of all types to meet diverse member needs. This commitment to accessible financial services helps empower the community in Corinth, TX, ensuring that individuals have the support necessary to achieve their financial goals. By focusing on member satisfaction and affordability, Datcu plays a vital role in promoting economic stability and opportunity within the community.
This information is meant to be a general summary of Datcu. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,119,904
- Program Service Revenue: $78,255,309
- Gross Receipts: $83,447,213
Assets and Liabilities:
- Total Assets: $1,575,386,776
- Total Liabilities: $1,350,925,607
- Net Assets: $224,461,169
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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
$63,759,311
OTHER OPERATIONS
Revenue
$9,730,586
FEE INCOME
Revenue
$4,765,412
Organization Details
Founding Year
1936
Principal Officer
Glen Mckenzie
Website
www.datcu.orgNTEE Category
Code: W60 - Public benefit
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