2023-08-10T10:21:09-05:00 2022-12-31 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-01-01 310546041 1307 DAY AIR CREDIT UNION % DEANNA DAHLING 1307 9376432160 3501 WILMINGTON PIKE KETTERING OH 45429 WILLIAM BURKE CEO 9376432160 2023-11-15 true WILLIAM BURKE 999009999 Lauren R Denton P01571860 2604604000 3 2022 2023-04-26 12:10:37Z WILLIAM BURKE 3501 WILMINGTON PIKE KETTERING OH 45429 45475364 false X WWW.DAYAIR.ORG X 1945 OH TO PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 9 9 132 10 415694 0 1826265 525192 30468432 33731489 1218 -144453 0 0 32295915 34112228 0 0 0 0 7797243 8339536 0 0 0 12259988 15145402 20057231 23484938 12238684 10627290 609648361 676371659 530114054 595081558 79534307 81290101 TO PROVIDE FINANCIAL SERVICES TO MEMBERS. false false DAY AIR CREDIT UNION, INC., HEADQUARTERED IN DAYTON, OHIO, PROVIDES A BROAD RANGE OF FINANCIAL SERVICES TO ITS MEMBERS. THE CREDIT UNION'S PRIMARY SERVICES INCLUDE GRANTING SECURED AND UNSECURED CONSUMER AND REAL ESTATE LENDING AS WELL AS PROVIDING CHECKING AND SAVINGS SERVICES. THE CREDIT UNION'S MEMBERS AND BRANCHES ARE LOCATED THROUGHOUT THE DAYTON, OHIO AREA. false true false false false false false false false true false false false true false false true false false false false false false false false false false false true false true false false false false false false false false true false false false true 10756 0 132 true true true false false false false false false false X 9 9 false false false false true true false true true false true true true true true true true true true true false OH X DEANNA DAHLING 9376432160 3501 WILMINGTON PIKE KETTERING OH 45429 WILLIAM BURKE CEO 40.0 0.0 X 679827 0 32351 LUKE NEFF FINANCIAL PLANNER 40.0 0.0 X 317552 0 40144 JANNELL EICHSTAEDT CHIEF EXPERIENCE OFFICER 40.0 0.0 X 266718 0 30850 JOHN THEOBALD CHIEF LENDING OFFICER 40.0 0.0 X 261473 0 35956 DEANNA DAHLING VP OF FINANCE 40.0 0.0 X 201517 0 36541 JOSH TODD DIRECTOR OF MORTGAGES 40.0 0.0 X 147270 0 7180 JOE ECKLEY DIRECTOR OF MARKETING 40.0 0.0 X 135775 0 13699 MONICA PERKINS REAL ESTATE LOAN OFFICER 40.0 0.0 X 132552 0 7440 APRIL BOWMAN DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 123541 0 14803 MIKE CONWAY BOARD MEMBER 1.0 0.0 X 0 0 0 AL BERTLEFF VICE CHAIRMAN 1.0 0.0 X X 0 0 0 BRIAN HAYES BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN WECKESSER SECRETARY 1.0 0.0 X X 0 0 0 MALLORY COAKLEY BOARD MEMBER 1.0 0.0 X 0 0 0 MELISSA BAUER BOARD MEMBER (START 04/22) 1.0 0.0 X 0 0 0 PATSY MERCURI BOARD MEMBER 1.0 0.0 X 0 0 0 RAY WAGONER TREASURER 1.0 0.0 X X 0 0 0 TIM BROWN CHAIRMAN 1.0 0.0 X X 0 0 0 2266225 0 218964 15 false true false CUANSWERS 6000 28TH ST SE SUITE 100 GRAND RAPIDS MI 49546 CORE SYSTEM 1197198 NEWGROUND INTERNATIONAL PO BOX 6228 CAROL STREAM IL 60197 BUILDING DESIGN 666066 DAYTON DRAGONS 220 N PATTERSON BLVD DAYTON OH 45402 MARKETING 572063 ATM SOLUTIONS 551 NORTHLAND BLVD FOREST PARK OH 45240 ATM SERVICING 272715 CMG DAYTON PO BOX 83192 CHICAGO IL 60691 ADVERTISING 149575 8 525192 525192 INTEREST ON LOANS 522100 22031761 22031761 FEE & OTHER INCOME 522100 5616356 5200662 415694 SERVICE FEE INCOME 522100 3711476 3711476 INTEREST - INV. SECURITIES 522100 2371896 2371896 33731489 0 0 0 0 0 0 11218683 11363136 -144453 -144453 -144453 0 0 0 0 0 0 0 0 0 0 34112228 33315795 415694 -144453 0 0 0 0 1545233 0 5477567 258329 617006 441401 0 4565 82366 0 0 0 416057 1077768 674134 0 0 560752 0 0 0 4607819 0 299190 73135 SERVICE & DATA PROCESSING 3599423 OTHER EXPENSES 578846 LOAN SERVICING 1698008 BAD DEBT EXPENSE 1473339 23484938 8734244 6527689 11131387 256183 0 0 0 0 11055583 11340822 0 0 465674704 563008380 0 0 0 0 8229183 2466654 4564503 5762529 88959451 68117203 8721633 6292713 0 0 0 0 10806856 15066140 609648361 676371659 8011196 8923898 0 0 0 0 0 0 0 0 0 0 0 0 10791842 17856022 511311016 568301638 530114054 595081558 X 0 0 0 0 79534307 81290101 79534307 81290101 609648361 676371659 10627290 -8871496 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1150376 1150376 3621879 1606351 2015528 1491893 18057 1473836 1249183 577984 671199 715852 264262 451590 5762529 0 MEMBERS' SHARES & DEPOSITS 558813638 NONMEMBER DEPOSITS 9488000 568301638 25240732 -8871496 -8871496 34112228 34112228 23484938 23484938 23484938 PART X, LINE 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X true true X X X X X X false true false JANNELL EICHSTAEDT CHIEF EXPERIENCE OFFICER 173218 56000 37500 11976 18874 297568 37500 DEANNA DAHLING VP OF FINANCE 128517 43000 30000 9897 26644 238058 30000 JOHN THEOBALD CHIEF LENDING OFFICER 175473 56000 30000 9312 26644 297429 30000 WILLIAM BURKE CEO 429160 88167 162500 13500 18851 712178 162500 JOSH TODD DIRECTOR OF MORTGAGES 113270 34000 6071 1109 154450 LUKE NEFF FINANCIAL PLANNER 308552 9000 13500 26644 357696 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: TRAVEL FOR COMPANIONS IS PROVIDED TO THE CEO AND BOARD OF DIRECTORS TO FURTHER THE BUSINESS ACTIVITIES OF THE CREDIT UNION. INCOME IS REPORTED TO THE INDIVIDUALS RECEIVING THE BENEFIT ON THE APPLICABLE FORMS WHEN REQUIRED. SCHEDULE J, PART I, LINE 4B IN 2022 THE ORGANIZATION DISTRIBUTED AMOUNTS FROM THE 457(F) PLAN: WILLIAM BURKE: $162,500 DEANNA DAHLING: $ 30,000 JANNELL EICHSTAEDT:$ 37,500 JOHN THEOBALD: $ 30,000 WILLIAM BURKE CEO SPLIT DOLLAR LIFE IN X 5079657 5750202 false true true DEANNA DAHLING VP OF FINANCE SPLIT DOLLAR LIFE IN X 763420 770752 false true true JOHN THEOBALD CLO SPLIT DOLLAR LIFE IN X 1216177 1226062 false true true JANNELL EICHSTAEDT CXO SPLIT DOLLAR LIFE IN X 3599932 3593804 false true true 11340820 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS: MEMBERSHIP IS OPEN TO ANYONE WHO LIVES, WORKS, WORSHIPS OR ATTENDS SCHOOL IN MONTGOMERY, GREENE, WARREN, BUTLER, CLARK, CHAMPAIGN, DARKE, PREBLE, AND MIAMI COUNTIES IN OHIO AS DESCRIBED IN THE ORGANIZATIONS BYLAWS AND COMMUNITY CHARTER. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF THE GOVERNING BODY: THE BOARD OF DIRECTORS IS THE GOVERNING BODY AND CONSISTS OF NINE DIRECTORS. NINE BOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING HELD IN APRIL. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE FORM 990 IS REVIEWED BY THE CEO AND VP OF FINANCE PRIOR TO FILING WITH THE IRS. THE BOARD OF DIRECTORS RECEIVE A COPY OF THE FORM 990 BEFORE IT IS FILED. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: THE ORGANIZATION REQUIRES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM TO BE COMPLETED BY THE BOARD OF DIRECTORS, THE OFFICERS AND KEY EMPLOYEES. THESE FORMS ARE REVIEWED BY THE BOARD OF DIRECTORS. IF A CONFLICT OF INTEREST DOES ARISE THE INDIVIDUAL WITH A CONFLICT IS RECUSED FROM THE DISCUSSION AND VOTING ON THE ISSUE. IF A POTENTIAL CONFLICT OF INTEREST DOES ARISE DURING THE YEAR IT IS THE RESPONSIBILITY OF THE INDIVIDUAL TO COMMUNICATE THIS CONFLICT TO THE APPROPRIATE INDIVIDUALS. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF COMPENSATION: COMPENSATION OF CEO IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND SET USING COMPARABLE SURVEYS FROM THIRD PARTY INDEPENDENT CONSULTANTS. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION FOR OTHER OFFICERS IS SET ANNUALLY BY MANAGEMENT USING COMPARABLE SALARY SURVEY DATA FROM THIRD PARTY CONSULTANTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS: FINANCIAL STATEMENTS ARE POSTED ON THE WEBSITE. ADDITIONALLY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. DAY AIR INSURANCE LLC 3501 WILMINGTON PIKE KETTERING OH 45429 463139477 INSURANCE OH 64236 156159 DAY AIR CU