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Heartland Business Capital Inc

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$697k (2023)

Expenses
$604k (2023)

Total Assets
$817k (2023)

Total Liabilities
$318k (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
$697,416
Expenses
$604,157
Net Income
$93,259
Net Assets
$498,675
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,866
2.6%
Program Services $521,300
74.7%
Investment Income $158,250
22.7%
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 $194,573
32.2%
Professional Fundraising Fees $0
Other Salaries and Wages $209,666
34.7%
Assets/Debt
Total Assets $816,937
Total Liabilities $318,262
Net Assets $498,675
Compensation
Key Employees and Officers Compensation Related Other
Brett Larson (Executive Director) $168,015 $0 $26,559
Paul Byers (Director) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Brett Osborn (President) $0 $0 $0
Chris Calvert (Vice President) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Brett Kidd (Treasurer) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0
Casey Wilhm (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$584,292
Expenses
$549,746
Net Income
$34,546
Net Assets
$405,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,824
1.5%
Program Services $533,292
91.3%
Investment Income $42,176
7.2%
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 $191,324
34.8%
Professional Fundraising Fees $0
Other Salaries and Wages $182,505
33.2%
Assets/Debt
Total Assets $737,998
Total Liabilities $332,582
Net Assets $405,416
Compensation
Key Employees and Officers Compensation Related Other
Brett Larson (Executive Director) $165,562 $0 $25,762
Paul Byers (Director) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Brett Osborn (President) $0 $0 $0
Chris Calvert (Vice President) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Brett Kidd (Treasurer) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0
Casey Wilhm (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$740,115
Expenses
$768,837
Net Income
-$28,722
Net Assets
$370,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,869
2.3%
Program Services $712,634
96.3%
Investment Income $10,612
1.4%
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 $249,243
32.4%
Professional Fundraising Fees $0
Other Salaries and Wages $325,675
42.4%
Assets/Debt
Total Assets $709,220
Total Liabilities $338,350
Net Assets $370,870
Compensation
Key Employees and Officers Compensation Related Other
David Long (Former Executive Director) $213,379 $0 $35,864
Brett Larson (Executive Director) $138,195 $0 $22,828
Paul Byers (Director) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Brett Osborn (President) $0 $0 $0
Chris Calvert (Vice President) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Brett Kidd (Treasurer) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0
Casey Wilhm (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$569,155
Expenses
$702,371
Net Income
-$133,216
Net Assets
$399,592
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,711
2.8%
Program Services $514,402
90.4%
Investment Income $35,042
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,000
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $195,521
27.8%
Professional Fundraising Fees $0
Other Salaries and Wages $304,314
43.3%
Assets/Debt
Total Assets $617,973
Total Liabilities $218,381
Net Assets $399,592
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $160,979 $0 $34,542
Brett Larson (Senior Business Developmen) $130,939 $0 $20,968
Paul Byers (Director) $0 $0 $0
Robin Wells (Director) $0 $0 $0
Brett Osborn (Director) $0 $0 $0
Chris Calvert (Director) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Brett Kidd (Director) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0
Casey Wilhm (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$568,738
Expenses
$636,181
Net Income
-$67,443
Net Assets
$532,808
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,187
2.7%
Program Services $482,371
84.8%
Investment Income $71,180
12.5%
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 $196,120
30.8%
Professional Fundraising Fees $0
Other Salaries and Wages $235,155
37.0%
Assets/Debt
Total Assets $686,946
Total Liabilities $154,138
Net Assets $532,808
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $157,360 $0 $38,760
Brett Larson (Senior Business Development Officer) $127,204 $0 $22,348
Paul Byers (Director) $0 $0 $0
Robin Wells (Director) $0 $0 $0
Brett Osborn (Director) $0 $0 $0
Chris Calvert (Director) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Brett Kidd (Director) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0
Casey Wilhm (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$613,751
Expenses
$608,284
Net Income
$5,467
Net Assets
$600,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,498
2.5%
Program Services $550,126
89.6%
Investment Income $48,127
7.8%
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 $205,364
33.8%
Professional Fundraising Fees $0
Other Salaries and Wages $209,829
34.5%
Assets/Debt
Total Assets $749,618
Total Liabilities $149,367
Net Assets $600,251
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $166,659 $0 $38,705
Brett Larson (Vice President) $112,393 $0 $21,184
Paul Byers (President) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Brett Osborn (Treasurer) $0 $0 $0
Chris Calvert (Vice President) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Dale Wassergord (Director) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$595,140
Expenses
$586,012
Net Income
$9,128
Net Assets
$594,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,712
2.6%
Program Services $540,630
90.8%
Investment Income $38,798
6.5%
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 $212,663
36.3%
Professional Fundraising Fees $0
Other Salaries and Wages $192,919
32.9%
Assets/Debt
Total Assets $701,877
Total Liabilities $107,093
Net Assets $594,784
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $139,391 $0 $36,758
Brett Larson (Vice President) $106,232 $0 $21,755
Paul Byers (President) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Brett Osborn (Treasurer) $0 $0 $0
Chris Calvert (Vice President) $0 $0 $0
Bob Mayer (Director) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Dale Wassergord (Director) $0 $0 $0
Kim Curtis (Director) $0 $0 $0
Barbara Hake (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$544,244
Expenses
$559,468
Net Income
-$15,224
Net Assets
$585,656
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,847
2.9%
Program Services $519,316
95.4%
Investment Income $9,081
1.7%
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 $172,130
30.8%
Professional Fundraising Fees $0
Other Salaries and Wages $186,461
33.3%
Assets/Debt
Total Assets $663,478
Total Liabilities $77,822
Net Assets $585,656
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $139,873 $0 $32,257
Brett Larson (Vice President) $107,851 $0 $21,469
Bob Mayer (President) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Brett Bogan (Treasurer) $0 $0 $0
Paul Byers (Vice President) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Dale Wassergord (Director) $0 $0 $0
Chris Calvert (Director) $0 $0 $0
Brett Osborn (Director) $0 $0 $0
Kim Curtis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$567,298
Expenses
$584,011
Net Income
-$16,713
Net Assets
$600,880
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,186
2.9%
Program Services $535,209
94.3%
Investment Income $15,903
2.8%
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 $322,168
55.2%
Professional Fundraising Fees $0
Other Salaries and Wages $78,816
13.5%
Assets/Debt
Total Assets $675,105
Total Liabilities $74,225
Net Assets $600,880
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $155,102 $0 $30,982
Bret Larson (Vice President) $114,964 $0 $21,120
Kellee Hearst (Director) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Dale Wassergord (Director) $0 $0 $0
Chris Calvert (Director) $0 $0 $0
Brett Bogan (Treasurer) $0 $0 $0
Paul Byers (Vice President) $0 $0 $0
Bob Mayer (President) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Kim Curtis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$644,201
Expenses
$676,761
Net Income
-$32,560
Net Assets
$617,593
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,579
2.4%
Program Services $615,423
95.5%
Investment Income $13,199
2.0%
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 $330,803
48.9%
Professional Fundraising Fees $0
Other Salaries and Wages $147,284
21.8%
Assets/Debt
Total Assets $717,239
Total Liabilities $99,646
Net Assets $617,593
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $156,160 $0 $32,053
Bret Larson (Vice President) $119,320 $0 $23,270
John Doull (Director) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Dale Wassergord (Director) $0 $0 $0
Chris Calvert (President) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Paul Byers (Treasurer) $0 $0 $0
Kellee Hearst (Director) $0 $0 $0
Bob Mayer (Vice President) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Richard Noon (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$689,214
Expenses
$732,215
Net Income
-$43,001
Net Assets
$650,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,136
2.3%
Program Services $652,925
94.7%
Investment Income $20,153
2.9%
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 $207,188
28.3%
Professional Fundraising Fees $0
Other Salaries and Wages $291,705
39.8%
Assets/Debt
Total Assets $787,436
Total Liabilities $137,283
Net Assets $650,153
Compensation
Key Employees and Officers Compensation Related Other
David Long (Executive Director) $165,084 $0 $39,779
John Doull (Director) $0 $0 $0
Robin Wells (Secretary) $0 $0 $0
Dale Wassergord (Director) $0 $0 $0
Chris Calvert (President) $0 $0 $0
Brett Bogan (Director) $0 $0 $0
Paul Byers (Treasurer) $0 $0 $0
Kellee Hearst (Director) $0 $0 $0
Bob Mayer (Vice President) $0 $0 $0
Cheri Streeter (Director) $0 $0 $0
Richard Noon (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$729,717
Expenses
$706,243
Net Income
$23,474
Net Assets
$693,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,619
2.6%
Program Services $697,519
95.6%
Investment Income $13,579
1.9%
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 $181,758
25.7%
Professional Fundraising Fees $0
Other Salaries and Wages $293,690
41.6%
Assets/Debt
Total Assets $818,487
Total Liabilities $125,333
Net Assets $693,154

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$627,347
Expenses
$593,899
Net Income
$33,448
Net Assets
$669,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,035
3.0%
Program Services $596,199
95.0%
Investment Income $12,113
1.9%
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 $165,378
27.8%
Professional Fundraising Fees $0
Other Salaries and Wages $215,863
36.3%
Assets/Debt
Total Assets $847,650
Total Liabilities $177,970
Net Assets $669,680

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 »

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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.
  • 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.
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  • 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.

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