Wright-patt Credit Union Inc
Nonprofit profile at a glance
- EIN
- 310278870
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Beavercreek, OH, USA
- Phone
- 8007620047
- Rating confidence
- Limited
Reported finances
- Revenue
- $600,728,000
- Expenses
- $543,282,000
- Assets
- $9,066,358,561
- Liabilities
- $8,236,521,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
36 people listed
Executive titles in this filing
- BRENT DAVID CARROLL (MARKET PRESIDENT - COLUMBUS MARKET (END 03/2024))
- JOSHUA SCOTT HAYES (VICE PRESIDENT, HUMAN RESOURCES)
- TIMOTHY J MISLANSKY (PRESIDENT & CEO)
- BENJAMIN THOMAS REMPE (PRESIDENT OF MYCUMORTGAGE, LLC (END 09/2024))
- PAUL SUTOR (PRESIDENT OF MYCUMORTGAGE, LLC)
Highest reported compensation
- TIMOTHY J MISLANSKY (PRESIDENT & CEO): $1,163,491 total reported compensation
- DANIEL G SMITH (CHIEF FINANCIAL OFFICER): $801,457 total reported compensation
- STEVEN J HARRELL (DIRECTOR, RETIREMENT SOLUTIONS): $589,601 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to help people through life, which includes: to promote thrift among its members; to establish, on a cooperative basis, facilities for savings; to provide credit for provident and productive purposes; to provide assistance to its members for effective use of their assets and resources; and all activities necessary and incidental thereto.
What it reported doing in 2024
Dividends paid to members on approximately 1,178,822 deposit accounts held by approximately 521,206 members (dividends $192,544,958; including a special patronage dividend of $6,750,782).
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 85
- Accountability: 100
- Sustainability: 69
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 90%; rating input score 90; 22nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.6%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 16.69; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 12% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 11.1% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $1.2M · 36 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.7M reported
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 78 filed money-flow records
- Related organizations: 22 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.