Totals
- Total revenue
- $70,387,635
- Total expenses
- $41,914,895
- Contributions and grants received
- $0
- Grants paid
- $115,542
- Program service revenue
- $68,130,002
- Investment income
- $2,185,633
- Other revenue
- $72,000
- Total assets, end of year
- $1,575,386,776
- Total liabilities, end of year
- $1,350,925,607
- Net assets or fund balances, end of year
- $224,461,169
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: INTEREST ON LOANS
total $51,343,964 · related or exempt $51,343,964
-
2b · Program service revenue: OTHER OPERATIONS
total $12,353,762 · related or exempt $12,293,152 · unrelated business $60,610
-
2c · Program service revenue: FEE INCOME
total $4,432,276 · related or exempt $4,350,732 · unrelated business $81,544
-
3 · Investment income
total $1,852,709 · excluded $1,852,709
-
6a · Gross rents
real property $72,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $72,000
-
6d · Net rental income or loss
total $72,000 · unrelated business $72,000
-
7a · Gross sales of assets other than inventory
other assets $332,924
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $332,924
-
7d · Net gain or loss
total $332,924 · excluded $332,924
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $115,042
-
2 · Grants to domestic individuals
total $500
-
4 · Benefits paid to or for members
total $4,294,767
-
5 · Compensation of officers, directors and key employees
total $3,982,459
-
7 · Other salaries and wages
total $13,521,769
-
8 · Pension plan contributions
total $937,697
-
9 · Other employee benefits
total $2,152,308
-
10 · Payroll taxes
total $977,522
-
11b · Fees: legal
total $90,660
-
11c · Fees: accounting
total $171,115
-
11g · Fees: other
total $57,807
-
12 · Advertising and promotion
total $374,908
-
13 · Office expenses
total $152,384
-
14 · Information technology
total $4,903,982
-
16 · Occupancy
total $1,338,555
-
17 · Travel
total $58,097
-
19 · Conferences, conventions and meetings
total $129,262
-
22 · Depreciation, depletion and amortization
total $2,125,807
-
23 · Insurance
total $274,893
-
24a · Other expenses: TAXES
total $101,957
-
24b · Other expenses: LOAN SERVICING EXPENSE
total $1,887,860
-
24c · Other expenses: PROVISION FOR LOAN LOSS
total $1,018,353
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $930,238
-
24e · All other expenses
total $2,316,953
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $202,021,572 · end of year $84,488,494
-
2 · Savings and temporary cash investments
beginning of year $2,272,514 · end of year $6,896,685
-
7 · Other notes and loans receivable
beginning of year $1,175,270,538 · end of year $1,381,518,967
-
9 · Prepaid expenses and deferred charges
beginning of year $2,448,176 · end of year $3,084,274
-
10a · Land, buildings and equipment: cost or other basis
$57,146,052
-
10b · Land, buildings and equipment: accumulated depreciation
$15,489,247
-
10c · Land, buildings and equipment, net
beginning of year $42,568,607 · end of year $41,656,805
-
13 · Investments: program-related
beginning of year $33,366,844 · end of year $41,329,461
-
15 · Other assets
beginning of year $14,270,309 · end of year $16,412,090
-
17 · Accounts payable and accrued expenses
beginning of year $7,761,920 · end of year $8,491,486
-
25 · Other liabilities
beginning of year $1,268,468,211 · end of year $1,342,434,121
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $195,988,429 · end of year $224,461,169
Mission and programs · 2022
Mission
DATCU'S MISSION IS TO PROVIDE OUR MEMBERSHIP WITH A WIDE ARRAY OF COMPETITIVELY PRICED AND EFFICIENTLY DELIVERED SERVICES TO MEET THEIR FINANCIAL NEEDS.
Activities or mission (Part I)
PROVIDING MEMBERS WITH A WIDE ARRAY OF COMPETITIVELY PRICED AND EFFICIENTLY DELIVERED SERVICES.
-
LOANS OF ALL TYPES ARE MADE TO MEMBERS OF THE CREDIT UNION.
-
SAVINGS ACCOUNTS FOR MEMBERS OF THE CREDIT UNION.
-
CHECKING ACCOUNTS FOR MEMBERS OF THE CREDIT UNION.
As filed on the 2022 return.
Listed in Part VII
-
Valarie FosterVALARIE FOSTER
DIRECTOR
- Total calculated
- $1,817
- From this org
- $1,817
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Dr Ronald AldridgeDR RONALD ALDRIDGE
CHAIR
- Total calculated
- $1,258
- From this org
- $1,258
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Dr Jamie WilsonDR JAMIE WILSON
VICE CHAIR
- Total calculated
- $1,940
- From this org
- $1,940
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Michael FosterMICHAEL FOSTER
DIRECTOR
- Total calculated
- $1,890
- From this org
- $1,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Robert RamirezROBERT RAMIREZ
DIRECTOR
- Total calculated
- $974
- From this org
- $974
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Lee HowellLEE HOWELL
SECRETARY
- Total calculated
- $1,940
- From this org
- $1,940
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Gary GoldsmithGARY GOLDSMITH
DIRECTOR
- Total calculated
- $2,095
- From this org
- $2,095
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Glen McKenzieGLEN MCKENZIE
PRESIDENT/CEO
- Total calculated
- $1,411,607
- From this org
- $1,355,098
- From related orgs
- $0
- Other
- $56,509
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $798,722
- Bonus
- $230,571
- Other
- $325,805
- Deferred
- $24,400
- Nontaxable benefits
- $32,109
- Filer's total
- $1,411,607
-
Melanie VestMELANIE VEST
EVP, CFO
- Total calculated
- $856,101
- From this org
- $789,838
- From related orgs
- $0
- Other
- $66,263
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $522,243
- Bonus
- $93,000
- Other
- $174,595
- Deferred
- $24,400
- Nontaxable benefits
- $41,863
- Filer's total
- $856,101
-
Jon MadsenJON MADSEN
EVP, COO
- Total calculated
- $713,261
- From this org
- $649,697
- From related orgs
- $0
- Other
- $63,564
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $421,006
- Bonus
- $78,000
- Other
- $150,691
- Deferred
- $24,400
- Nontaxable benefits
- $39,164
- Filer's total
- $713,261
-
James HendersonJAMES HENDERSON
EVP, CIO
- Total calculated
- $643,389
- From this org
- $577,595
- From related orgs
- $0
- Other
- $65,794
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $374,041
- Bonus
- $70,000
- Other
- $133,554
- Deferred
- $24,400
- Nontaxable benefits
- $41,394
- Filer's total
- $643,389
-
Robert HallROBERT HALL
VP OF INFORMATION SYSTEMS
- Total calculated
- $346,186
- From this org
- $308,979
- From related orgs
- $0
- Other
- $37,207
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,273
- Bonus
- $32,500
- Other
- $3,206
- Deferred
- $22,333
- Nontaxable benefits
- $14,874
- Filer's total
- $346,186
-
Janice SheppardJANICE SHEPPARD
SENIOR VP - REAL ESTATE
- Total calculated
- $281,348
- From this org
- $249,298
- From related orgs
- $0
- Other
- $32,050
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,300
- Bonus
- $20,503
- Other
- $45,495
- Deferred
- $17,366
- Nontaxable benefits
- $14,684
- Filer's total
- $281,348
-
Craig NeuCRAIG NEU
VP OF LENDING
- Total calculated
- $295,889
- From this org
- $238,624
- From related orgs
- $0
- Other
- $57,265
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,471
- Bonus
- $30,000
- Other
- $17,153
- Deferred
- $18,323
- Nontaxable benefits
- $38,942
- Filer's total
- $295,889
-
Susan PassarielloSUSAN PASSARIELLO
VP OF MARKETING
- Total calculated
- $247,784
- From this org
- $182,985
- From related orgs
- $0
- Other
- $64,799
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,582
- Bonus
- $17,306
- Other
- $1,097
- Deferred
- $15,275
- Nontaxable benefits
- $49,524
- Filer's total
- $247,784
-
David FrazierDAVID FRAZIER
VP CONTROLLER
- Total calculated
- $265,023
- From this org
- $209,977
- From related orgs
- $0
- Other
- $55,046
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,811
- Bonus
- $27,000
- Other
- $166
- Deferred
- $16,176
- Nontaxable benefits
- $38,870
- Filer's total
- $265,023
-
Sonya ThompsonSONYA THOMPSON
VP PRODUCT DEVELOPMENT
- Total calculated
- $252,379
- From this org
- $220,080
- From related orgs
- $0
- Other
- $32,299
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,966
- Bonus
- $23,400
- Other
- $714
- Deferred
- $15,980
- Nontaxable benefits
- $16,319
- Filer's total
- $252,379
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART II, COLUMN F
- AMOUNTS REPORTED ON PART II, COLUMN F FOR EMPLOYEES 1-4 & EMPLOYEE 7 INCLUDE CONTRIBUTIONS UNDER A 457(F) DEFERRED COMPENSATION PLAN THAT WERE ACCRUED IN THE PRIOR YEAR. THESE AMOUNTS WERE INCLUDED IN TAXABLE WAGES AND PROPERLY REPORTED ON THE EMPLOYEES' 2022 FORMS W-2, BOX 5.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
LEWISVILLE ISD EDUCATION FOUNDATION
$20,000
GENERAL OPERATIONS
-
CHILDREN'S ADOVACY CENTER
$15,000
GENERAL OPERATIONS
-
UNITED WAY OF DENTON COUNTY
$15,000
GENERAL OPERATIONS
-
NORTH TEXAS STATE FAIR
$12,500
GENERAL OPERATIONS
-
HEALTH SERVICES OF NORTH TEXAS
$10,000
GENERAL OPERATIONS
-
SERVE DENTON
$10,000
GENERAL OPERATIONS
-
UNIVERSITY OF NORTH TEXAS
$10,000
GENERAL OPERATIONS
-
COMMUNITIES IN SCHOOL OF NORTH TEXAS
$9,600
GENERAL OPERATIONS
-
CASA OF DENTON COUNTY
$7,500
GENERAL OPERATIONS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
DATCU INSURANCE SERVICES LLC
C · INSURANCE · TX · 100% owned · share of income $1,119,823 · share of assets $3,788,012 · controlled entity
Directly controlled by DATCU
-
controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312449349300646
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.