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Heartland Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

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

Details

According to its Dec. 2022 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
$24.9M (2022)

Expenses
$23.4M (2022)

Total Assets
$601M (2022)

Total Liabilities
$547M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,929,415
Expenses
$23,441,081
Net Income
$1,488,334
Net Assets
$54,805,062
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,991,729
92.2%
Investment Income $1,951,715
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$20,569
Net Inventory Sales $0
Other Revenue $6,540
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,926,034
8.2%
Professional Fundraising Fees $0
Other Salaries and Wages $6,793,840
29.0%
Assets/Debt
Total Assets $601,399,682
Total Liabilities $546,594,620
Net Assets $54,805,062
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President/Ceo) $514,004 $0 $59,989
Angela Hanson (Cio/Svp) $305,152 $0 $24,079
Steve Farnsworth (Coo/Evp) $185,901 $0 $15,476
Shawn Redman (Clo/Svp) $164,340 $0 $15,862
Lyle Hansen (Cto) $152,251 $0 $25,484
Kevin Featherston Crowe (Cfo/Svp) $149,918 $0 $21,699
Shay Santos (Coo) $136,111 $0 $27,422
Robin Marohn (Vp Business Development) $126,553 $0 $21,819
Dianne Jentz (Vp Business Lending) $123,679 $0 $8,163
Darrel Panzer (Vp Finance) $110,468 $0 $12,202
Gregory Johnson (Loan Sales Representaive) $109,090 $0 $11,310
Anne Zickus (Chief Experience Officer) $106,948 $0 $21,398
Rhonda Hollfelder (Chair) $0 $0 $0
Marc Jones (Vice Chair) $0 $0 $0
Jim Dalton (Treasurer) $0 $0 $0
David Digiovanni (Secretary) $0 $0 $0
Andrew Baker (Director) $0 $0 $0
Lisa Mayne (Director) $0 $0 $0
Theola Carter (Director) $0 $0 $0
Jeffery Heil (Director) $0 $0 $0
John Mclellan (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,786,981
Expenses
$14,427,614
Net Income
$2,359,367
Net Assets
$32,145,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,687,566
99.4%
Investment Income $115,541
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$16,943
Net Inventory Sales $0
Other Revenue $817
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,248,230
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,650,972
32.2%
Assets/Debt
Total Assets $399,175,240
Total Liabilities $367,029,672
Net Assets $32,145,568
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President/Ceo) $279,118 $0 $24,677
Steve Farnsworth (Coo/Evp) $171,762 $0 $15,802
Angela Hanson (Cio/Svp) $153,692 $0 $9,899
April Oshiro (Residential Mortgage Lende) $150,730 $0 $17,583
Shawn Redman (Clo/Svp) $129,492 $0 $12,803
Kevin Featherston Crowe (Cfo/Svp) $126,784 $0 $13,844
Lyle Hansen (Cto) $119,933 $0 $22,111
Rhonda Hollfelder (Chair) $0 $0 $0
Marc Jones (Vice Chair) $0 $0 $0
Jim Dalton (Treasurer) $0 $0 $0
David Digiovanni (Secretary) $0 $0 $0
Andrew Baker (Director) $0 $0 $0
Lisa Mayne (Director) $0 $0 $0
Jim Drogue (Director Part Year) $0 $0 $0
Lucy Harr (Director Part Year) $0 $0 $0
Matt Davis (Director Part Year) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,946,169
Expenses
$15,396,730
Net Income
$2,549,439
Net Assets
$29,465,497
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,733,754
98.8%
Investment Income $209,552
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,142
0.0%
Net Fundraising $0
Sales of Assets -$2,279
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,477,181
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,152,621
27.0%
Assets/Debt
Total Assets $362,351,818
Total Liabilities $332,886,321
Net Assets $29,465,497
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President/Ceo) $278,998 $0 $24,855
April Oshiro (Residential Mortgage Lender) $167,823 $0 $19,109
Steve Farnsworth (Coo/Evp) $166,942 $0 $15,761
Shawn Redman (Clo/Svp) $125,734 $0 $12,835
Angela Hanson (Cio/Svp) $124,090 $0 $8,091
Kevin Crowe (Cfo/Svp) $122,782 $0 $13,683
Dianne Jentz (Vp Business Lending) $122,666 $0 $8,008
Lyle Hansen (Cto) $116,427 $0 $22,097
Jeffery Rauch (Vp Real Estate Lending) $109,561 $0 $12,508
Rhonda Hollfelder (Chair) $730 $0 $0
Lucy Harr (Vice Chair) $730 $0 $0
Jim Dalton (Treasurer) $730 $0 $0
Jim Drogue (Director) $730 $0 $0
Marc Jones (Secretary) $730 $0 $0
Matt Davis (Director) $730 $0 $0
Andrew Baker (Director) $730 $0 $0
Dale Burmester (Director Part Year) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,291,865
Expenses
$14,330,318
Net Income
$2,961,547
Net Assets
$27,531,832
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,657,353
96.3%
Investment Income $603,130
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $34,824
0.2%
Net Fundraising $0
Sales of Assets -$3,442
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,132,413
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,119,453
28.7%
Assets/Debt
Total Assets $312,350,469
Total Liabilities $284,818,637
Net Assets $27,531,832
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President/Ceo) $279,648 $0 $32,906
Steve Farnsworth (Executive Vice President) $162,825 $0 $15,281
Shawn Redman (Clo/Svp) $122,030 $0 $12,375
Kevin Crowe (Cfo/Svp) $119,299 $0 $12,434
Dianne Jentz (Vp Business Lending) $119,041 $0 $7,727
Angela Hanson (Cio/Svp) $118,136 $0 $7,606
Lyle Hansen (Cto) $91,792 $0 $19,863
Lois Grans (Director) $4,480 $0 $0
Rhonda Hollfelder (Chair) $1,090 $0 $0
Lucy Harr (Vice Chair) $1,090 $0 $0
James Drogue (Secretary) $1,090 $0 $0
Marc Jones (Director) $1,090 $0 $0
Dale Burmester (Director) $1,090 $0 $0
Jim Dalton (Treasurer) $865 $0 $0
Kari Juadis (Director) $655 $0 $0
Matt Davis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,910,630
Expenses
$13,464,441
Net Income
$2,446,189
Net Assets
$26,193,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,477,077
97.3%
Investment Income $361,585
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $71,968
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $898,452
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $4,077,238
30.3%
Assets/Debt
Total Assets $288,430,135
Total Liabilities $262,236,880
Net Assets $26,193,255
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President/Ceo) $248,335 $0 $28,983
Steve Farnsworth (Executive Vice President) $148,944 $0 $12,730
Dianne Jentz (Vp Business Lending) $113,053 $0 $6,287
Kevin Crow (Cfo/Svp) $109,797 $0 $10,342
Shawn Redman (Clo/Svp) $99,053 $0 $9,639
Angela Hanson (Cio/Svp) $98,336 $0 $5,373
Lois Grans (Vice Chair) $1,090 $0 $0
Rhonda Hollfelder (Chair) $1,090 $0 $0
Marc Jones (Treasurer) $1,090 $0 $0
James Drogue (Secretary) $1,090 $0 $0
Dale Burmester (Director) $1,090 $0 $0
Lucy Harr (Director) $1,090 $0 $0
Kari Juadis (Director) $1,040 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,249,289
Expenses
$12,265,034
Net Income
$1,984,255
Net Assets
$24,187,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,728,467
96.3%
Investment Income $304,224
2.1%
Bond Proceeds $0
Royalties $38,511
0.3%
Rental Property Income $76,960
0.5%
Net Fundraising $0
Sales of Assets $101,127
0.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $720,073
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,768,134
30.7%
Assets/Debt
Total Assets $267,720,548
Total Liabilities $243,532,667
Net Assets $24,187,881
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President Ceo) $249,383 $0 $23,837
Steve Farnsworth (Executive Vice President) $144,830 $0 $21,868
Greg Johnson (Lending Sales Rep) $110,815 $0 $10,507
John Wagner (Vp Lending) $109,816 $0 $9,768
Kevin Crowe (Vp Finance) $105,229 $0 $10,746
Lois Grans (Vice Chair) $0 $0 $0
Rhonda Hollfelder (Chair) $0 $0 $0
Marc Jones (Treasurer) $0 $0 $0
James Drogue (Secretary) $0 $0 $0
Paul Beloungy (Director) $0 $0 $0
Robert Christensen (Director) $0 $0 $0
Lucy Harr (Director) $0 $0 $0
Dale Burmester (Director) $0 $0 $0
Kari Juadis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,662,407
Expenses
$11,874,695
Net Income
$1,787,712
Net Assets
$22,633,512
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,443,593
98.4%
Investment Income $194,362
1.4%
Bond Proceeds $0
Royalties $36,856
0.3%
Rental Property Income $48,195
0.4%
Net Fundraising $0
Sales of Assets -$60,599
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $576,422
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,666,987
30.9%
Assets/Debt
Total Assets $247,239,554
Total Liabilities $224,606,042
Net Assets $22,633,512
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President Ceo) $250,592 $0 $20,980
Steve Farnsworth (Executive Vice President) $135,136 $0 $21,077
April Oshiro (Residential Mortgage Lender) $106,165 $0 $14,091
John Wagner (Vp Lending) $104,529 $0 $10,322
Lois Grans (Vice Chair) $0 $0 $0
Rhonda Hollfelder (Chair) $0 $0 $0
Marc Jones (Treasurer) $0 $0 $0
James Drogue (Director) $0 $0 $0
Paul Beloungy (Secretary) $0 $0 $0
Robert Christiansen (Director) $0 $0 $0
Lucy Harr (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,198,909
Expenses
$10,833,184
Net Income
$1,365,725
Net Assets
$21,383,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,907,880
97.6%
Investment Income $297,015
2.4%
Bond Proceeds $0
Royalties $36,069
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$42,055
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $471,352
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,512,861
32.4%
Assets/Debt
Total Assets $235,756,758
Total Liabilities $214,373,275
Net Assets $21,383,483
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President Ceo) $230,959 $0 $73,654
Steve Farnsworth (Executive Vice President) $130,829 $0 $50,239
Kurt Johnson (Cfo) $117,603 $0 $15,045
Lois Grans (Vice Chair) $0 $0 $0
Rhonda Hollfelder (Chair) $0 $0 $0
Marc Jones (Treasurer) $0 $0 $0
James Drouge (Director) $0 $0 $0
Paul Beloungy (Secretary) $0 $0 $0
Robert Christianson (Director) $0 $0 $0
Lucy Harr (Director) $0 $0 $0
Phil Frye (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,721,710
Expenses
$10,414,369
Net Income
$1,307,341
Net Assets
$20,559,467
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,454,616
97.7%
Investment Income $147,206
1.3%
Bond Proceeds $0
Royalties $34,094
0.3%
Rental Property Income $76,436
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,358
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $440,613
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,493,182
33.5%
Assets/Debt
Total Assets $226,832,327
Total Liabilities $206,272,860
Net Assets $20,559,467
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President Ceo) $202,956 $0 $54,411
Steve Farnsworth (Executive Vice President) $126,069 $0 $35,672
Kurt Johnson (Cfo) $111,588 $0 $12,694
Lois Grans (Vice Chair) $0 $0 $0
Dennis Reinen (Chair) $0 $0 $0
Marc Jones (Treasurer) $0 $0 $0
Rhonda Ledin (Director) $0 $0 $0
Paul Beloungy (Director) $0 $0 $0
Robert Christianson (Director) $0 $0 $0
Lucy Harr (Secretary) $0 $0 $0
Phil Frye (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,834,544
Expenses
$10,245,128
Net Income
$1,589,416
Net Assets
$18,853,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,374,318
96.1%
Investment Income $97,401
0.8%
Bond Proceeds $0
Royalties $33,199
0.3%
Rental Property Income $83,390
0.7%
Net Fundraising $0
Sales of Assets $6,858
0.1%
Net Inventory Sales $0
Other Revenue $239,378
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $407,706
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,256,731
31.8%
Assets/Debt
Total Assets $213,458,902
Total Liabilities $194,605,591
Net Assets $18,853,311
Compensation
Key Employees and Officers Compensation Related Other
Sally Dischler (President Ceo) $187,776 $0 $56,679
Steve Farnsworth (Executive Vice President) $120,013 $0 $33,676
Kurt Johnson (Cfo) $99,917 $0 $2,892
Lois Grans (Vice Chair) $0 $0 $0
Dennis Reinen (Chair) $0 $0 $0
Marc Jones (Treasurer) $0 $0 $0
Rhonda Ledin (Director) $0 $0 $0
Paul Beloungy (Director) $0 $0 $0
Robert Christianson (Director) $0 $0 $0
Lucy Harr (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,951,969
Expenses
$10,514,068
Net Income
$1,437,901
Net Assets
$15,322,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,784,495
98.6%
Investment Income $101,959
0.9%
Bond Proceeds $0
Royalties $32,852
0.3%
Rental Property Income $69,525
0.6%
Net Fundraising $0
Sales of Assets -$36,862
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $316,960
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,053,630
29.0%
Assets/Debt
Total Assets $191,475,493
Total Liabilities $176,152,988
Net Assets $15,322,505

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,407,391
Expenses
$10,776,854
Net Income
$630,537
Net Assets
$14,182,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,967,084
96.1%
Investment Income $111,686
1.0%
Bond Proceeds $0
Royalties $28,167
0.2%
Rental Property Income $79,915
0.7%
Net Fundraising $0
Sales of Assets $14,298
0.1%
Net Inventory Sales $0
Other Revenue $206,241
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $284,812
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,718,530
25.2%
Assets/Debt
Total Assets $176,492,504
Total Liabilities $162,310,423
Net Assets $14,182,081

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

Fiscal Year Ending Dec.
2007

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.

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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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