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Dutch Point Credit Union Inc

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$21.6M (2023)

Expenses
$17.2M (2023)

Total Assets
$475M (2023)

Total Liabilities
$426M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,611,039
Expenses
$17,217,889
Net Income
$4,393,150
Net Assets
$49,573,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,790,589
8.3%
Program Services $15,829,282
73.2%
Investment Income $3,852,300
17.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $138,868
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $808,124
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,837,039
22.3%
Assets/Debt
Total Assets $475,467,935
Total Liabilities $425,893,938
Net Assets $49,573,997
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Ceo Former) $377,120 $0 $37,500
Charlyn Tanner (President, Ceo & Secretary) $338,010 $0 $71,317
Michael Kleinschmitt (Chief Financial Officer) $185,967 $0 $40,549
Anthony Sacchetti (Chief Member Experience Officer) $165,604 $0 $22,661
Richard S Zajack (Chairman Of Board) $1,015 $0 $0
Michael E Curtin (Vice Chairman) $0 $0 $0
Timothy Tuell (Treasurer) $0 $0 $0
Noel Aube (Director) $0 $0 $0
Robert Bourne (Director) $0 $0 $0
Patrick Dornfried (Director) $0 $0 $0
Maisa Laham (Director) $0 $0 $0
Marguerite Rose (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,104,294
Expenses
$12,872,368
Net Income
$3,231,926
Net Assets
$45,317,205
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,866,384
79.9%
Investment Income $2,385,618
14.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $852,292
5.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,187,246
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,728,211
29.0%
Assets/Debt
Total Assets $467,297,066
Total Liabilities $421,979,861
Net Assets $45,317,205
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Ceo) $412,027 $0 $220,186
Charlyn Tanner (President And Secretary) $262,175 $0 $74,607
Michael Kleinschmitt (Chief Financial Officer) $169,291 $0 $21,910
Anthony Sacchetti (Chief Member Experience Officer) $138,712 $0 $17,493
Michael E Curtin (Vice Chairman) $687 $0 $0
Richard S Zajack (Chairman Of Board) $0 $0 $0
Timothy Tuell (Treasurer) $0 $0 $0
Noel Aube (Director) $0 $0 $0
August L Defrance (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Marguerite Rose (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,078,655
Expenses
$11,156,431
Net Income
$1,922,224
Net Assets
$42,381,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,591,306
88.6%
Investment Income $1,428,664
10.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $58,685
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $897,470
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,432,539
30.8%
Assets/Debt
Total Assets $439,784,551
Total Liabilities $397,403,002
Net Assets $42,381,549
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Secretary, President, Ceo) $702,677 $0 $252,387
Charlyn Tanner (Executive Vice President & Cfo) $153,785 $0 $23,638
Anthony Sacchetti (Chief Member Experience Officer) $123,938 $0 $15,882
Richard S Zajack (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
August L Defrance (Treasurer) $0 $0 $0
Michael E Curtin (Director) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Timothy Tuell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,404,884
Expenses
$12,255,604
Net Income
$1,149,280
Net Assets
$39,910,174
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,759,148
87.7%
Investment Income $1,998,594
14.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$352,858
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $726,594
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,310,493
27.0%
Assets/Debt
Total Assets $402,719,315
Total Liabilities $362,809,141
Net Assets $39,910,174
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Secretary, President, Ceo) $325,605 $0 $85,520
Charlyn Tanner (Executive Vice President & Cfo) $159,775 $0 $25,890
Anthony Sacchetti (Chief Member Experience Officer) $122,648 $0 $15,595
Richard S Zajack (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
August L Defrance (Treasurer) $0 $0 $0
Michael E Curtin (Director) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Timothy Tuell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,523,882
Expenses
$12,840,178
Net Income
$2,683,704
Net Assets
$39,230,655
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,275,292
79.1%
Investment Income $3,137,810
20.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $110,780
0.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $709,907
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,413,288
26.6%
Assets/Debt
Total Assets $338,763,138
Total Liabilities $299,532,483
Net Assets $39,230,655
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Secretary, President, Ceo) $314,483 $0 $90,986
Charlyn Tanner (Executive Vice President & Cfo) $150,097 $0 $28,862
Anthony Sacchetti (Chief Member Development) $116,955 $0 $15,891
August L Defrance (Treasurer) $844 $0 $0
Michael E Curtin (Director) $790 $0 $0
Richard S Zajack (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Timothy Tuell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,246,373
Expenses
$11,323,676
Net Income
$2,922,697
Net Assets
$36,055,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,490,053
80.7%
Investment Income $2,581,487
18.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $174,833
1.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $682,133
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,267,842
28.9%
Assets/Debt
Total Assets $311,502,357
Total Liabilities $275,446,858
Net Assets $36,055,499
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Secretary, President, Ceo) $305,207 $0 $90,150
Charlyn Tanner (Executive Vice President & Cfo) $145,390 $0 $26,660
Anthony Sacchetti (Chief Member Development) $114,967 $0 $15,261
Richard S Zajack (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
August L Defrance (Treasurer) $0 $0 $0
Michael E Curtin (Director) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Timothy Tuell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,602,425
Expenses
$10,374,138
Net Income
$2,228,287
Net Assets
$33,797,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,386,023
82.4%
Investment Income $2,022,198
16.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $194,204
1.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,142,518
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,579,305
24.9%
Assets/Debt
Total Assets $300,419,546
Total Liabilities $266,622,124
Net Assets $33,797,422
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Director, President, Ceo) $768,484 $0 $88,373
Charlyn Tanner (Executive Vice President & Cfo) $138,046 $0 $25,326
Anthony Sacchetti (Chief Member Development) $99,809 $0 $14,078
Dorothy J Sullivan (Past Secretary) $13,496 $0 $0
August L Defrance (Treasurer) $1,068 $0 $0
Michael E Curtin (Secretary) $641 $0 $0
Michael W Dwyer (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Richard S Zajack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,458,009
Expenses
$9,358,862
Net Income
$2,099,147
Net Assets
$30,889,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,914,703
86.5%
Investment Income $1,402,413
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $140,893
1.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $637,097
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,831,703
30.3%
Assets/Debt
Total Assets $284,501,786
Total Liabilities $253,612,140
Net Assets $30,889,646
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Director, President, Ceo) $273,017 $0 $85,697
Charlyn Tanner (Chief Financial Officer) $121,954 $0 $23,060
Anthony Sacchetti (Chief Member Development Officer) $104,857 $0 $12,723
Dorothy J Sullivan (Secretary) $12,141 $0 $0
Michael W Dwyer (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
August L Defrance (Treasurer) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Richard S Zajack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,662,797
Expenses
$9,284,371
Net Income
$1,378,426
Net Assets
$27,518,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,317,618
87.4%
Investment Income $1,191,479
11.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $153,700
1.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $612,071
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,664,523
28.7%
Assets/Debt
Total Assets $248,722,010
Total Liabilities $221,203,217
Net Assets $27,518,793
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Director, President, Ceo) $269,140 $0 $86,904
Charlyn Tanner (Chief Financial Officer) $118,618 $0 $19,304
Anthony Sacchetti (Chief Member Development O) $102,525 $0 $9,200
Dorothy J Sullivan (Secretary) $16,892 $0 $0
August L Defrance (Treasurer) $1,066 $0 $0
Michael W Dwyer (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Richard S Zajack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,318,620
Expenses
$9,293,776
Net Income
$1,024,844
Net Assets
$26,532,969
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,267,727
89.8%
Investment Income $932,099
9.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $118,794
1.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $563,714
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,670,095
28.7%
Assets/Debt
Total Assets $232,767,066
Total Liabilities $206,234,097
Net Assets $26,532,969
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Director, President, Ceo) $253,015 $0 $82,309
Charlyn Tanner (Chief Financial Officer) $115,895 $0 $19,141
Anthony Sacchetti (Chief Member Development Officer) $84,075 $0 $7,783
Michael W Dwyer (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
August L Defrance (Treasurer) $0 $0 $0
Dorothy J Sullivan (Secretary) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Richard S Zajack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,206,493
Expenses
$8,135,944
Net Income
$2,070,549
Net Assets
$25,614,288
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,361,311
81.9%
Investment Income $702,446
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $68,642
0.7%
Net Inventory Sales $0
Other Revenue $1,074,094
10.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $607,622
7.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,278,177
28.0%
Assets/Debt
Total Assets $227,206,231
Total Liabilities $201,591,943
Net Assets $25,614,288
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Francis R N Proto (Director, President, Ceo) $240,287 $0 $81,951
Charlyn Tanner (Chief Financial Officer) $113,415 $0 $20,120
Pauline Davis (Chief Operations Officer) $106,217 $0 $25,472
Michael W Dwyer (Chairman Of Board) $0 $0 $0
John L Gombotz (Vice Chairman) $0 $0 $0
August L Defrance (Treasurer) $0 $0 $0
Dorothy J Sullivan (Secretary) $0 $0 $0
Robert E Deroehn (Director) $0 $0 $0
Roland Deslippe (Director) $0 $0 $0
Steven W Miller (Director) $0 $0 $0
Richard S Zajack (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,750,264
Expenses
$7,929,838
Net Income
$820,426
Net Assets
$21,556,965
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,839,470
89.6%
Investment Income $914,392
10.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,598
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $585,657
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,126,061
26.8%
Assets/Debt
Total Assets $194,669,913
Total Liabilities $173,112,948
Net Assets $21,556,965

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,698,493
Expenses
$8,202,568
Net Income
$495,925
Net Assets
$20,662,444
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,623,538
87.6%
Investment Income $1,058,085
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,870
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,043,603
24.9%
Assets/Debt
Total Assets $186,394,480
Total Liabilities $165,732,036
Net Assets $20,662,444

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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