2025-11-07T07:14:31-06:00 2024-12-31 060530830 SEWARD AND MONDE CPA'S 296 STATE STREET NORTH HAVEN CT 064732165 990 2024-01-01 066039973 DUTCH POINT CREDIT UNION DUTC 8605632617 195 SILAS DEANE HIGHWAY WETHERSFIELD CT 061091283 CHARLYN TANNER PRESIDENT AND CEO 8605632617 2025-11-06 1 1 ATHANASIOS PARTALAS P01529855 2032489341 2024 2025-03-06 01:10:19Z CHARLYN TANNER 195 SILAS DEANE HIGHWAY WETHERSFIELD CT 061091283 24860255 0 X WWW.DUTCHPOINT.ORG X 1960 CT OUR MISSION IS "EDUCATE. SERVE. DELIGHT." WHILE PROVIDING CREDIT UNION SERVICES. 9 8 88 0 0 0 1790589 0 15829282 18566445 3991168 6293810 0 0 21611039 24860255 7500 10500 0 0 5769701 6542493 0 0 0 11440688 15370491 17217889 21923484 4393150 2936771 475467935 510778790 425893938 458266962 49573997 52511828 EDUCATE. SERVE. DELIGHT. 0 0 PROVIDE CREDIT UNION SERVICES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 6853 0 1 88 1 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MICHAEL KLEINSCHMITT CFO 8602575244 195 SILAS DEANE HIGHWAY WETHERSFIELD CT 061091283 CHARLYN TANNER PRESIDENT, CEO & SECRETARY 40.00 X X 353076 0 167405 MICHAEL E CURTIN CHAIRMAN OF BOARD 2.00 X X 789 0 0 ROBERT BOURNE VICE CHAIRMAN 2.00 X X 0 0 0 TIMOTHY TUELL TREASURER 2.00 X X 0 0 0 NOEL AUBE DIRECTOR 2.00 X 0 0 0 PATRICK DORNFRIED DIRECTOR 2.00 X 0 0 0 MAISA LAHAM ASSISTANT TREASURER 2.00 X X 0 0 0 MARGUERITE ROSE DIRECTOR 2.00 X 0 0 0 DIANE DEL ROSSO DIRECTOR 2.00 X 0 0 0 MICHAEL KLEINSCHMITT CHIEF FINANCIAL OFFICER 40.00 X 201791 0 44866 STACEY COLLINS CHIEF EXPERIENCE OFFICER 40.00 X 209829 0 19227 LISA KAYE VP NETWORK AND SECURITY 40.00 X 119101 0 8735 COLLETTE GIARRATANO VP OPERATIONS 40.00 X 118551 0 9523 OCTAVIA GAINES VP LENDING 40.00 X 116426 0 31308 ROBERT PELLEGATTO VP HUMAN RESOURCES 40.00 X 113255 0 39104 SUZANNE MURPHY VP CORE SOLUTIONS 40.00 X 108766 0 19880 1341584 0 340048 8 0 1 0 SOLIDUS INC 1450 MAIN STREET EAST HARTFORD CT 06108 CONSTRUCTION SERVICES 1206808 JACK HENRY PO BOX 609 MONETT MO 65708 CORE 392509 CONVERGINT TECHNOLOGIES 4 RESEARCH DRIVE BETHEL CT 06801 ITMS 299531 CT COMPUTER SERVICES INC 101 EAST SUMMER STREET PLANTSVILLE CT 06479 IT PROVIDER 291110 4 INTEREST ON LOANS 522100 13852328 13852328 INTERCHANGE INCOME 522100 2257784 2257784 FEES AND CHARGES 522100 2040456 2040456 OTHER INCOME 522100 415877 415877 18566445 6293810 6293810 24860255 24860255 0 0 10500 993343 4352149 93668 710785 392548 17952 67420 375281 399797 700753 1376517 702131 82987 8494946 317580 LOAN EXPENSES 1089354 DEBIT CARD EXPENSES 865549 PROVISION FOR LOAN LOSS 431627 ATM EXPENSES 292438 156159 21923484 1982451 2361311 41994138 57811202 876773 916773 246348184 254298709 970407 1056993 8525198 4631150 2402153 3894048 154040 162436 169996099 177500976 10743690 12776342 475467935 510778790 2507202 3552673 423386736 454714289 425893938 458266962 X 0 0 0 0 49573997 52511828 49573997 52511828 475467935 510778790 2936771 1060 0 X 0 1 X 1 0 783483 783483 3428386 2247724 1180662 359582 325910 33672 2342921 2057516 285405 1610826 1610826 3894048 397138 C FEDERAL AGENCY SECURITIES 137370733 C FHLB 237800 C BANK NOTES & CERTIFICATES OF DEPOSIT 17403206 C MORTGAGE BACKED SECURITIES 21592099 C ESCORP 500000 C 177500976 MEMBERS' SHARES 452832719 OPERATING LEASE LIABILITIES 1881570 454714289 24861315 1060 1060 24860255 0 24860255 21923484 0 21923484 0 21923484 1 SCHOLARSHIP 5 10500 PART I, LINE 2: ANNUALLY CREDIT UNION MEMBERS ACCEPTED AT AN ACCREDITED 2 OR 4 YEAR UNIVERSITY OR COLLEGE AS FULL-TIME FRESHMEN ARE AWARDED A SCHOLARSHIP RANGING FROM $1,000 TO $2,500. THE SCHOLARSHIP IS AWARDED BASED UPON THE JUDGING OF THE STUDENT'S ACADEMIC ACHIEVEMENT, EXTRACURRICULAR ACTIVITIES, WORK EXPERIENCE AND A WRITTEN ESSAY. THE FUNDS ARE SUBMITTED DIRECTLY TO THE ACADEMIC INSTITUTION ON BEHALF OF THE STUDENT. NO FURTHER MONITORING OF THE AWARD IS DEEMED NECESSARY. X X X X 0 1 0 CHARLYN TANNER PRESIDENT, CEO & SECRETARY 300000 0 20000 0 33076 0 128202 0 39203 0 520481 0 0 0 MICHAEL KLEINSCHMITT CHIEF FINANCIAL OFFICER 180180 0 18000 0 3611 0 15173 0 29693 0 246657 0 0 0 STACEY COLLINS CHIEF EXPERIENCE OFFICER 189829 0 20000 0 0 0 0 0 19227 0 229056 0 0 0 ROBERT PELLEGATTO VP HUMAN RESOURCES 107255 0 6000 0 0 0 8280 0 30824 0 152359 0 0 0 PART I, LINE 4B CERTAIN OFFICERS PARTICIPATE IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. THEY ARE NOT VESTED IN THIS PLAN. THE CURRENT YEAR NON VESTED DEFERRAL IS INCLUDED IN SCHEDULE J, PART II, COLUMN C. FRANCIS R N PROTO FORMER CEO DEMAND LOAN X 596773 596773 0 1 1 CHARLYN TANNER PRESIDENT/CEO & DIRECTOR DEMAND LOAN X 320000 320000 0 1 1 916773 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS MAINTAINING A MINIMUM DEPOSIT BALANCE WITH THE ORGANIZATION ARE CONSIDERED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS IN GOOD STANDING MAY VOTE FOR DIRECTORS AS TERMS EXPIRE. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE RETURN ARE PROVIDED TO THE GOVERNING BOARD PRIOR TO FILING. PRIOR TO FINALIZING THE RETURN A COPY IS PROVIDED TO THE PRESIDENT AND CFO FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS THEIR CONFLICT OF INTEREST POLICY WITH DIRECTORS, OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE PUBLISHED ON THEIR WEB SITE.