2024-08-22T12:32:27-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 1145 BROADWAY SUITE 1300 TACOMA WA 98402 990 2023-01-01 750813379 DATCU DATC 9403878585 5940 I35E CORINTH TX 76210 GLEN MCKENZIE CEO 9403878585 2024-08-21 1 0 ROSALINDA MARIKAR CPA P01684134 2532721555 2023 2024-08-08 14:25:15Z GLEN MCKENZIE 5940 I35E CORINTH TX 76210 83447213 0 X WWW.DATCU.ORG X 1936 TX PROVIDING MEMBERS WITH A WIDE ARRAY OF COMPETITIVELY PRICED AND EFFICIENTLY DELIVERED SERVICES. 7 7 266 8 230027 107047 0 0 68130002 78255309 2185633 5119904 72000 72000 70387635 83447213 115542 802184 4294767 14205422 21571755 23188218 0 0 0 15932831 20827432 41914895 59023256 28472740 24423957 1575386776 1569597722 1350925607 1328419839 224461169 241177883 DATCU'S MISSION IS TO PROVIDE OUR MEMBERSHIP WITH A WIDE ARRAY OF COMPETITIVELY PRICED AND EFFICIENTLY DELIVERED SERVICES TO MEET THEIR FINANCIAL NEEDS. 0 0 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. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 34660 0 1 266 1 1 1 0 0 0 0 0 1 0 X 7 7 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 0 0 X GLEN MCKENZIE 9403878585 5940 I35E CORINTH TX 76210 DR JAMIE WILSON CHAIR 1.00 X X 1885 0 0 LEE HOWELL VICE CHAIR 1.00 X X 1697 0 0 ROBERT RAMIREZ SECRETARY 1.00 X X 713 0 0 VALARIE FOSTER DIRECTOR 1.00 X 1697 0 0 MICHAEL FOSTER DIRECTOR 1.00 X 1839 0 0 GARY GOLDSMITH DIRECTOR 1.00 X 1813 0 0 LORI RAPP DIRECTOR 1.00 X 0 0 0 GLEN MCKENZIE CEO 40.00 X 1503373 0 59750 MELANIE VEST PRESIDENT 40.00 X 964665 0 70319 JON MADSEN EVP, COO 40.00 X 742296 0 67288 JAMES HENDERSON EVP, CIO 40.00 X 651585 0 69656 ROBERT HALL SVP TECHNOLOGY STRATEGY & SOLUTIONS 40.00 X 386830 0 37970 CRAIG NEU SVP LENDING 40.00 X 285197 0 59043 DAVID FRAZIER SVP OPERATIONS 40.00 X 254423 0 56143 SONYA THOMPSON SVP IS 40.00 X 278103 0 34094 SUSAN PASSARIELLO VP OF MARKETING 40.00 X 198402 0 61622 KAYLA WALDING VP HR 40.00 X 203071 0 31096 DEANNA PETERSON VP OPERATIONS 40.00 X 195733 0 47167 KERRY CRISTALES VP CONTROLLER 40.00 X 168277 0 27779 ANTHONY YATES SR. PROGRAMMER 40.00 X 126006 0 38684 5967605 0 660611 19 0 1 0 0 INTEREST ON LOANS 522100 63759311 63759311 OTHER OPERATIONS 522100 9730586 9641853 88733 FEE INCOME 522100 4765412 4696118 69294 78255309 5119904 5119904 72000 0 72000 72000 72000 83447213 78097282 230027 5119904 801684 500 14205422 5530376 13318127 934851 2377970 1026894 121221 166741 50871 755859 98457 4918227 1296430 55541 130637 1883145 288312 TAXES 81492 PROVISION FOR LOAN LOSS 5057132 LOAN SERVICING EXPENSE 2426980 REPAIRS AND MAINTENANCE 759939 2736448 59023256 84488494 92205786 6896685 6751936 1381518967 1372392390 3084274 5421747 58146924 16883463 41656805 41263461 41329461 34358354 16412090 17204048 1575386776 1569597722 8491486 12980239 1342434121 1315439600 1350925607 1328419839 X 0 0 0 0 224461169 241177883 224461169 241177883 1575386776 1569597722 X 24423957 -7707243 X 0 0 0 8988143 8988143 37436723 7062231 30374492 11722058 9821232 1900826 41263461 REGULAR SHARES 528836910 CHECKING & SAVINGS ACCTS 361351236 IRA ACCTS 53339519 CERTIFICATES & MM ACCTS 371566529 HEALTH SAVINGS ACCTS 345406 1315439600 0 CASA OF DENTON COUNTY 614 N BELL AVE DENTON TX 76209 501(C)(3) 7500 0 GENERAL OPERATIONS CHILDREN'S ADOVACY CENTER 1854 CAIN DRIVE LEWISVILLE TX 75077 501(C)(3) 15000 0 GENERAL OPERATIONS COMMUNITIES IN SCHOOL OF NORTH TEXAS PO BOX 295543 LEWISVILLE TX 75029 501(C)(3) 10000 0 GENERAL OPERATIONS HEALTH SERVICES OF NORTH TEXAS 4401 N I35 SUITE 312 DENTON TX 76207 501(C)(3) 10000 0 GENERAL OPERATIONS LEWISVILLE ISD PO BOX 217 LEWISVILLE TX 75067 501(C)(3) 125000 0 GENERAL OPERATIONS LEWISVILLE ISD EDUCATION FOUNDATION 400 WEST MAIN STREET LEWISVILLE TX 75057 501(C)(3) 25000 0 GENERAL OPERATIONS NORTH TEXAS STATE FAIR PO BOX 1695 DENTON TX 76202 501(C)(3) 12500 0 GENERAL OPERATIONS SERVE DENTON 306 N LOOP 288 SUITE 100 DENTON TX 76209 501(C)(3) 10000 0 GENERAL OPERATIONS UNITED WAY OF DENTON COUNTY 1314 TEASLEY LANE DENTON TX 76205 501(C)(3) 15000 0 GENERAL OPERATIONS UNIVERSITY OF NORTH TEXAS 1155 UNION CIR DENTON TX 76205 501(C)(3) 500000 0 GENERAL OPERATIONS 10 PART I, LINE 2: DATCU CONTRIBUTES TO CHARITABLE CAUSES AND OTHER WELL-RESPECTED ORGANIZATIONS IN THE COMMUNITY AND DOES NOT FEEL ADDITIONAL MONITORING OF FUNDS GRANTED IS NECESSARY. X X 1 1 X X X 0 1 0 GLEN MCKENZIE CEO 832159 0 319725 0 351489 0 26400 0 33350 0 1563123 0 0 0 MELANIE VEST PRESIDENT 577289 0 183750 0 203626 0 26400 0 43919 0 1034984 0 0 0 JON MADSEN EVP, COO 444489 0 129000 0 168807 0 26400 0 40888 0 809584 0 0 0 JAMES HENDERSON EVP, CIO 386804 0 114000 0 150781 0 26400 0 43256 0 721241 0 0 0 ROBERT HALL SVP TECHNOLOGY STRATEGY & SOLUTIONS 316102 0 55120 0 15608 0 22333 0 15637 0 424800 0 0 0 CRAIG NEU SVP LENDING 227574 0 44096 0 13527 0 18323 0 40720 0 344240 0 0 0 SONYA THOMPSON SVP IS 237820 0 30765 0 9518 0 17366 0 16728 0 312197 0 0 0 DAVID FRAZIER SVP OPERATIONS 203172 0 39686 0 11565 0 15275 0 40868 0 310566 0 0 0 SUSAN PASSARIELLO VP OF MARKETING 178587 0 18718 0 1097 0 17294 0 44328 0 260024 0 0 0 DEANNA PETERSON VP OPERATIONS 171450 0 20901 0 3382 0 15724 0 31443 0 242900 0 0 0 KAYLA WALDING VP HR 179538 0 23400 0 133 0 15309 0 15787 0 234167 0 0 0 KERRY CRISTALES VP CONTROLLER 149407 0 18720 0 150 0 12722 0 15057 0 196056 0 0 0 ANTHONY YATES SR. PROGRAMMER 120560 0 5296 0 150 0 0 0 38684 0 164690 0 0 0 PART II, COLUMN F AMOUNTS REPORTED ON PART II, COLUMN F FOR EMPLOYEES 1-8 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' 2023 FORMS W-2, BOX 5. FORM 990, PART VI, SECTION A, LINE 6 DATCU IS A MEMBER OWNED CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP OF CREDIT UNION ELECTS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B DATCU DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED WITH A COPY OF THE RETURN PRIOR TO FILING IN ONE OF THEIR REGULAR MONTHLY BOARD PACKAGES. IT IS REVIEWED AND ACCEPTED AT THAT MEETING. FORM 990, PART VI, SECTION B, LINE 12C DATCU'S CONFLICT OF INTEREST POLICY SAYS, IN PART: BOARD OF DIRECTORS, OFFICERS AND EMPLOYEES ARE PROHIBITED FROM SELF-DEALING OR TAKING ADVANTAGE OF THEIR POSITION IN A TRANSACTION AND ACTING FOR THEIR OWN INTERESTS RATHER THAN FOR THE INTERESTS OF THE MEMBERS. EMPLOYEES UNSURE AS TO WHETHER A CERTAIN TRANSACTION, ACTIVITY, OR RELATIONSHIP CONSTITUTES A CONFLICT OF INTEREST SHOULD DISCUSS IT WITH THE CEO OR PRESIDENT AND INTERNAL AUDITOR FOR CLARIFICATION. A WRITTEN QUARTERLY REPORT OF ALL REPORTED ACTIVITIES ARE PRESENTED TO THE CEO OR PRESIDENT AND THE AUDIT COMMITTEE BY THE INTERNAL AUDITOR. IF A BOARD MEMBER IDENTIFIES A POTENTIAL CONFLICT, THEY ARE REQUIRED TO NOTIFIY THE CEO & CHAIRMAN. THE CONFLICTED BOARD MEMBER WOULD RECUSE THEMSELVES FROM VOTING ON ANY MATTERS RELATING TO THE CONFLICT OF INTEREST. IF AN EMPLOYEE OR SOMEONE WITH WHOM AN EMPLOYEE HAS A CLOSE RELATIONSHIP (A FAMILY MEMBER OR CLOSE COMPANION) HAS A FINANCIAL OR EMPLOYMENT RELATIONSHIP WITH A COMPETITOR, MEMBER, SUPPLIER OR POTENTIAL SUPPLIER, THE EMPLOYEE MUST DISCLOSE THIS FACT IN WRITING TO THE CEO OR PRESIDENT. EMPLOYEES SHOULD BE AWARE THAT IF THEY ENTER INTO A PERSONAL RELATIONSHIP WITH A SUBORDINATE EMPLOYEE OR WITH AN EMPLOYEE OF A COMPETITOR, SUPPLIER, OR MEMBER, A CONFLICT OF INTEREST MAY EXIST THAT REQUIRES FULL DISCLOSURE TO THE CREDIT UNION. A WRITTEN QUARTERLY REPORT OF ALL REPORTED ACTIVITIES WILL BE PRESENTED TO THE CEO OR PRESIDENT AND THE AUDIT COMMITTEE BY THE INTERNAL AUDITOR. FORM 990, PART VI, SECTION B, LINE 15A SALARIES ARE REVIEWED ANNUALLY, AND ARE BASED ON EMPLOYEE AND CREDIT UNION PERFORMANCE, AND THE MARKET SALARIES FOR EACH POSITION AS OBTAINED FROM A THIRD PARTY COMPENSATION STUDY. THE BOARD REVIEWS THE ABOVE INFORMATION AND APPROVES THE COMPENSATION PACKAGE FOR THE CEO WHICH IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR CREDIT LOSSES -7,707,243. DATCU INSURANCE SERVICES LLC 5940 S 135 CORINTH TX 76210 208580099 INSURANCE TX DATCU C 956684 4001338 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 DATCU INSURANCE SERVICES LLC A 72000 COST DATCU INSURANCE SERVICES LLC O 486435 COST DATCU INSURANCE SERVICES LLC Q 52467 COST