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DORT FINANCIAL CREDIT UNION

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Tax-exempt status may be revoked

DORT FINANCIAL CREDIT UNION

EIN 38-1440283 · Mutual & Membership Benefit (Y)

What they do

OPENING DOORS to OUR MEMBERS BY PROVIDING QUALITY FINANCIAL SERVICES.

Before you give

Should I give to this charity?

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Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$91.79spent for every $100 of revenueRevenue covered expenses this year.
$16.11in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,061,297 for BRIAN WALDRON (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$156,681,814
Expenses$143,813,921
Annual surplus $12,867,893 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$156,681,814
Expenses$143,813,921
Assets$2,316,815,802
Income$159,165,795
Grants given$295,360
Average grant$18,460
Stocks and bonds$96,085,015
Accounting fees$386,961
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRIAN WALDRONPRESIDENT/CEO · 50 hrs/week $1,061,297Base $999,612 · Other $61,685
JEREMY ZAGERCHIEF FINANCIAL OFFICER · 50 hrs/week $377,311Base $329,012 · Other $48,299
EDWARD STERLINGCHIEF OPERATING OFFICER · 50 hrs/week $372,242Base $324,145 · Other $48,097
SHARON LOBOCHIEF LENDING OFFICER · 50 hrs/week $362,591Base $317,148 · Other $45,443
MICHAEL ANDERSONCHIEF INFORMATION SYSTEMS OFFICER · 50 hrs/week $336,702Base $296,521 · Other $40,181
DEANA TURCOTTCHIEF HUMAN RESOURCES OFFICER · 50 hrs/week $312,681Base $269,724 · Other $42,957
JOSE CANODIRECTOR OF COMMERCIAL LENDING · 38 hrs/week $279,373Base $248,220 · Other $31,153
ADAM KOISHORCHIEF STRATEGY OFFICER · 50 hrs/week $276,165Base $236,608 · Other $39,557
DANIEL GATFIELDCHIEF RETAIL OFFICER · 50 hrs/week $267,901Base $239,021 · Other $28,880
DEREK DRAKEDIRECTOR OF ENTERPRISE RISK MANAGEMENT · 38 hrs/week $248,623Base $224,628 · Other $23,995
KEVIN CARAGAYCOMMERCIAL LENDING MANAGER · 38 hrs/week $220,818Base $186,740 · Other $34,078
ANNA MORRISREGIONAL BRANCH OPS MANAGER · 38 hrs/week $209,250Base $177,736 · Other $31,514

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

BRIAN WALDRONPRESIDENT/CEO

JEREMY ZAGERCHIEF FINANCIAL OFFICER

EDWARD STERLINGCHIEF OPERATING OFFICER

SHARON LOBOCHIEF LENDING OFFICER

MICHAEL ANDERSONCHIEF INFORMATION SYSTEMS OFFICER

DEANA TURCOTTCHIEF HUMAN RESOURCES OFFICER

JOSE CANODIRECTOR OF COMMERCIAL LENDING

ADAM KOISHORCHIEF STRATEGY OFFICER

DANIEL GATFIELDCHIEF RETAIL OFFICER

DEREK DRAKEDIRECTOR OF ENTERPRISE RISK MANAGEMENT

KEVIN CARAGAYCOMMERCIAL LENDING MANAGER

ANNA MORRISREGIONAL BRANCH OPS MANAGER

KEVIN ALGEODIRECTOR OF CONSUMER LENDING

WAYNE NATZKECHAIRMAN OF THE BOARD

JEFF SELLSDIRECTOR

DOUGLAS KIDDSECOND VICE CHAIR

DIANE PIERCYSECRETARY

DANA STODDARDFIRST VICE CHAIR

BRUCE ALLANTREASURER

BEVERLY KITTLEDIRECTOR

About this charity

Recognized since
January 1956
Location
9048 HOLLY ROAD, GRAND BLANC, MI 48439
County
Genesee
In care of
BRIAN WALDRON
Primary officer
BRIAN WALDRON, PRESIDENT/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
PLANTE & MORAN PLLC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes
Revocation date
May 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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