PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Heartland Credit Union

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$8.32M (2023)

Expenses
$7.71M (2023)

Total Assets
$190M (2023)

Total Liabilities
$178M (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,315,333
Expenses
$7,709,814
Net Income
$605,519
Net Assets
$11,929,418
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,995,205
84.1%
Investment Income $1,320,128
15.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $870,088
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,315,168
17.1%
Assets/Debt
Total Assets $189,890,064
Total Liabilities $177,960,646
Net Assets $11,929,418
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $273,947 $0 $47,825
Brittany Kloetzke (Vp Of Lending) $120,823 $0 $23,571
Alyssa Karl (Vice President Marketing) $120,054 $0 $23,571
Nathan Dormody (Vp Of Operations) $116,466 $0 $24,157
Justin Houle (Vp/Cfo) $102,449 $0 $17,225
Dale Lieb (Board Director) $0 $0 $0
Gene Traxler (Board Vice Chair) $0 $0 $0
Nanci Lilja (Board Secretary) $0 $0 $0
Rex Carlson (Board Chair) $0 $0 $0
Noel Larson (Board Director) $0 $0 $0
Eric Spandl (Board Director) $0 $0 $0
Ann Young (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,871,106
Expenses
$5,849,956
Net Income
$1,021,150
Net Assets
$10,641,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,863,927
85.3%
Investment Income $1,007,179
14.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $908,920
15.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,155,302
19.7%
Assets/Debt
Total Assets $175,100,407
Total Liabilities $164,458,979
Net Assets $10,641,428
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $264,345 $0 $41,129
Tim Hansen (Executive Vice President/Cfo) $200,770 $0 $24,619
Alyssa Karl (Vice President Marketing) $117,114 $0 $9,917
Brittany Kloetzke (Vp Of Lending) $116,007 $0 $16,036
Nathan Dormody (Vp Of Operations) $106,813 $0 $12,170
Rex Carlson (Board Chair) $0 $0 $0
Gene Traxler (Board Vice Chair) $0 $0 $0
Nanci Lilja (Board Secretary) $0 $0 $0
Jeremy Hjelm (Board Director) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
David Seehusen (Board Director) $0 $0 $0
Kent Zimmer (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,283,732
Expenses
$5,040,512
Net Income
$2,243,220
Net Assets
$14,668,437
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,516,309
89.5%
Investment Income $754,816
10.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,607
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $639,884
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,334,149
26.5%
Assets/Debt
Total Assets $167,172,062
Total Liabilities $152,503,625
Net Assets $14,668,437
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $222,780 $0 $33,924
Tim Hansen (Executive Vice President/Cfo) $155,954 $0 $14,475
Alyssa Karl (Vice President Marketing) $99,702 $0 $6,701
Amy Keller (Vice President Lending) $88,902 $0 $17,446
Rex Carlson (Board Chair) $0 $0 $0
Gene Traxler (Board Vice Chair) $0 $0 $0
Nanci Lilja (Board Secretary) $0 $0 $0
Jeremy Hjelm (Board Director) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
David Seehusen (Board Director) $0 $0 $0
Kent Zimmer (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,898,437
Expenses
$5,878,185
Net Income
$20,252
Net Assets
$13,251,393
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,113,054
86.7%
Investment Income $784,883
13.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $500
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $648,560
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $147,309,051
Total Liabilities $134,057,658
Net Assets $13,251,393
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $218,321 $0 $29,376
Tim Hansen (Senior Vice President/Cfo) $139,961 $0 $12,394
Amy Keller (Vice President Lending) $117,930 $0 $23,781
Alyssa Karl (Vice President Marketing) $100,530 $0 $6,267
Rex Carlson (Board Chair) $0 $0 $0
Gene Traxler (Board Vice Chair) $0 $0 $0
Nanci Lilja (Board Secretary) $0 $0 $0
Jeremy Hjelm (Board Director) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
David Seehusen (Board Director) $0 $0 $0
Kent Zimmer (Board Director) $0 $0 $0
Noel Larson (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,922,149
Expenses
$5,229,899
Net Income
$692,250
Net Assets
$13,099,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,162,152
87.2%
Investment Income $759,947
12.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $50
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $496,503
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,121,771
21.4%
Assets/Debt
Total Assets $121,609,939
Total Liabilities $108,510,190
Net Assets $13,099,749
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $203,318 $0 $23,099
Tim Hansen (Senior Vice President/Cfo) $127,455 $0 $10,318
Amy Keller (Vice President Lending) $110,857 $0 $21,456
Rex Carlson (Board Chair) $0 $0 $0
Gene Traxler (Board Vice Chair) $0 $0 $0
Kent Zimmer (Board Secretary) $0 $0 $0
Jeremy Hjelm (Board Director) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
Nanci Lilja (Board Director) $0 $0 $0
David Seehusen (Board Director) $0 $0 $0
Noel Larson (Associate Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,558,163
Expenses
$4,707,827
Net Income
$850,336
Net Assets
$12,195,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,832,726
86.9%
Investment Income $725,042
13.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $395
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $463,462
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,080,547
23.0%
Assets/Debt
Total Assets $117,009,588
Total Liabilities $104,814,285
Net Assets $12,195,303
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $188,327 $0 $20,856
Tim Hansen (Senior Vice President/Cfo) $124,811 $0 $10,086
Amy Keller (Vice President Lending) $114,840 $0 $4,542
David Seehusen (Board Director) $0 $0 $0
Nanci Lilja (Board Director) $0 $0 $0
Rex Carlson (Board Chair) $0 $0 $0
Jeremy Hjelm (Board Vice Chair) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
Gene Traxler (Board Secretary) $0 $0 $0
Kent Zimmer (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,879,581
Expenses
$4,365,289
Net Income
$514,292
Net Assets
$11,466,256
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,300,868
88.1%
Investment Income $579,326
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$613
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $440,502
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $967,850
22.2%
Assets/Debt
Total Assets $114,544,401
Total Liabilities $103,078,145
Net Assets $11,466,256
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $176,804 $0 $18,928
Tim Hansen (Senior Vice President/Cfo) $119,562 $0 $9,448
Amy Keller (Vice President Lending) $111,356 $0 $4,403
Randy Nelson (Board Director) $0 $0 $0
Nanci Lilja (Board Director) $0 $0 $0
Rex Carlson (Board Chair) $0 $0 $0
Jeremy Hjelm (Board Vice Chair) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
Gene Traxler (Board Secretary) $0 $0 $0
Kent Zimmer (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,829,300
Expenses
$4,258,358
Net Income
$570,942
Net Assets
$10,961,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,311,770
89.3%
Investment Income $499,007
10.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,523
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $419,987
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $942,538
22.1%
Assets/Debt
Total Assets $107,319,574
Total Liabilities $96,358,540
Net Assets $10,961,034
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $163,968 $0 $16,723
Tim Hansen (Senior Vice President/Cfo) $116,873 $0 $9,581
Amy Keller (Vice President Lending) $108,549 $0 $4,293
Randy Nelson (Board Director) $0 $0 $0
Nanci Lilja (Board Director) $0 $0 $0
Rex Carlson (Board Chair) $0 $0 $0
Jeremy Hjelm (Board Vice Chair) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
Gene Traxler (Board Secretary) $0 $0 $0
Kent Zimmer (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,801,887
Expenses
$4,131,638
Net Income
$670,249
Net Assets
$10,390,710
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,326,397
90.1%
Investment Income $447,645
9.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $27,845
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $396,453
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $938,538
22.7%
Assets/Debt
Total Assets $108,097,614
Total Liabilities $97,706,904
Net Assets $10,390,710
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $137,100 $0 $19,493
Tim Hansen (Senior Vice President/Cfo) $113,134 $0 $16,581
Amy Keller (Vice President Lending) $105,928 $0 $4,217
Randy Nelson (Board Director) $0 $0 $0
Michon Potter (Board Director) $0 $0 $0
Nanci Lilja (Board Chair) $0 $0 $0
Rex Carlson (Board Vice Chair) $0 $0 $0
Jeremy Hjelm (Board Secretary) $0 $0 $0
Dale Lieb (Board Director) $0 $0 $0
Cheryl Pexa (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,818,906
Expenses
$4,018,366
Net Income
$800,540
Net Assets
$9,764,012
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,450,712
92.4%
Investment Income $371,872
7.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,678
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $382,808
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $890,948
22.2%
Assets/Debt
Total Assets $99,454,648
Total Liabilities $89,690,636
Net Assets $9,764,012
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President) $117,809 $0 $30,813
Amy Keller (Vice President Lending) $101,203 $0 $21,665
Tim Hansen (Senior Vice President/Cfo) $86,235 $0 $25,083
Randy Nelson (Board Director) $0 $0 $0
Lani Jordan (Board Director) $0 $0 $0
Julie Fox (Board Secretary) $0 $0 $0
Michon Potter (Board Chair) $0 $0 $0
Don Friendshuh (Board Director) $0 $0 $0
Nanci Lilja (Board Vice Chair) $0 $0 $0
Rex Carlson (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,582,333
Expenses
$3,959,002
Net Income
$623,331
Net Assets
$8,924,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,298,309
93.8%
Investment Income $302,366
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$18,342
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $315,282
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $830,763
21.0%
Assets/Debt
Total Assets $95,961,405
Total Liabilities $87,036,839
Net Assets $8,924,566
Compensation
Key Employees and Officers Compensation Related Other
Kathleen Harrington (President/Ceo) $107,609 $0 $19,867
Amy Keller (Vice President Lending) $93,475 $0 $4,439
Tim Hansen (Vice President Finance) $76,096 $0 $13,796
Randy Nelson (Board Director) $0 $0 $0
Lani Jordan (Board Director) $0 $0 $0
Julie Fox (Board Secretary) $0 $0 $0
Michon Potter (Board Chair) $0 $0 $0
Don Friendshuh (Board Director) $0 $0 $0
Nanci Lilja (Board Vice Chair) $0 $0 $0
Rex Carlson (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,639,970
Expenses
$3,815,427
Net Income
$824,543
Net Assets
$8,301,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,340,062
93.5%
Investment Income $325,620
7.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$25,712
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $345,081
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $710,137
18.6%
Assets/Debt
Total Assets $91,001,549
Total Liabilities $82,700,314
Net Assets $8,301,235

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,530,809
Expenses
$4,127,584
Net Income
$403,225
Net Assets
$7,476,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,264,553
94.1%
Investment Income $328,862
7.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$62,606
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $297,433
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $648,555
15.7%
Assets/Debt
Total Assets $86,371,378
Total Liabilities $78,894,686
Net Assets $7,476,692

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

Fiscal Year Ending Dec.
2006

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.
2005

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.
2004

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.

Which Organizations Are Here?

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 »

Get the Data

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.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »