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Wheat State 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
$2.27M (2023)

Expenses
$2.18M (2023)

Total Assets
$23.5M (2023)

Total Liabilities
$21.2M (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
$2,274,023
Expenses
$2,183,290
Net Income
$90,733
Net Assets
$2,370,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,164,827
95.2%
Investment Income $102,876
4.5%
Bond Proceeds $0
Royalties $6,320
0.3%
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 $113,850
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $515,629
23.6%
Assets/Debt
Total Assets $23,529,648
Total Liabilities $21,159,445
Net Assets $2,370,203
Compensation
Key Employees and Officers Compensation Related Other
Doug Cheatum (President/Ceo) $91,504 $0 $22,346
Leland Bittle (Chairperson) $0 $0 $0
Larry Gray (Vice Chairperson) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Susan Schmelzer (Board Member) $0 $0 $0
Jo Lafleur (Board Member) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,999,955
Expenses
$1,852,150
Net Income
$147,805
Net Assets
$2,279,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,969,833
98.5%
Investment Income $21,873
1.1%
Bond Proceeds $0
Royalties $8,249
0.4%
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 $101,638
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $342,370
18.5%
Assets/Debt
Total Assets $24,510,704
Total Liabilities $22,231,234
Net Assets $2,279,470
Compensation
Key Employees and Officers Compensation Related Other
Doug Cheatum (President/Ceo) $82,682 $0 $18,956
Leland Bittle (Chairperson) $0 $0 $0
Larry Gray (Vice Chairperson) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0
Susan Schmelzer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,993,886
Expenses
$1,615,342
Net Income
$378,544
Net Assets
$2,131,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,974,645
99.0%
Investment Income $11,320
0.6%
Bond Proceeds $0
Royalties $6,300
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,621
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $96,501
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $323,899
20.1%
Assets/Debt
Total Assets $23,509,307
Total Liabilities $21,377,642
Net Assets $2,131,665
Compensation
Key Employees and Officers Compensation Related Other
Doug Cheatum (President/Ceo) $78,163 $0 $18,338
Leland Bittle (Chairperson) $0 $0 $0
Larry Gray (Vice Chairperson) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0
Susan Schmelzer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,714,990
Expenses
$1,552,520
Net Income
$162,470
Net Assets
$1,753,121
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,100
0.2%
Program Services $1,673,690
97.6%
Investment Income $31,892
1.9%
Bond Proceeds $0
Royalties $6,308
0.4%
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 $91,717
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $307,621
19.8%
Assets/Debt
Total Assets $22,695,201
Total Liabilities $20,942,080
Net Assets $1,753,121
Compensation
Key Employees and Officers Compensation Related Other
Doug Cheatum (President/Ceo) $73,338 $0 $18,379
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0
Susan Schmelzer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,741,659
Expenses
$1,559,549
Net Income
$182,110
Net Assets
$1,590,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
0.3%
Program Services $1,701,695
97.7%
Investment Income $28,672
1.6%
Bond Proceeds $0
Royalties $6,292
0.4%
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 $92,045
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $307,144
19.7%
Assets/Debt
Total Assets $18,943,002
Total Liabilities $17,352,351
Net Assets $1,590,651
Compensation
Key Employees and Officers Compensation Related Other
Doug Cheatum (President/Ceo) $72,797 $0 $19,248
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0
Sue Smelzer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,770,459
Expenses
$1,692,222
Net Income
$78,237
Net Assets
$1,408,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,048
0.1%
Program Services $1,740,652
98.3%
Investment Income $21,824
1.2%
Bond Proceeds $0
Royalties $5,935
0.3%
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 $104,585
6.2%
Professional Fundraising Fees $0
Other Salaries and Wages $300,177
17.7%
Assets/Debt
Total Assets $19,109,676
Total Liabilities $17,701,135
Net Assets $1,408,541
Compensation
Key Employees and Officers Compensation Related Other
Doug Cheatum (President/Ceo (Current)) $63,731 $0 $18,583
Larry Schmitz Ii (President/Ceo (Through 3/2/2018)) $18,582 $0 $3,029
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0
David Holloway (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,776,730
Expenses
$1,979,255
Net Income
-$202,525
Net Assets
$1,330,304
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,757,780
98.9%
Investment Income $28,252
1.6%
Bond Proceeds $0
Royalties $5,695
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,997
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $89,205
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $371,902
18.8%
Assets/Debt
Total Assets $20,009,108
Total Liabilities $18,678,804
Net Assets $1,330,304
Compensation
Key Employees and Officers Compensation Related Other
Larry Schmitz Ii (President/Ceo) $75,248 $0 $13,957
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Linda Burnside (Secretary/Treasurer) $0 $0 $0
Forrest Ehmke (Board Member) $0 $0 $0
David Holloway (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,695,966
Expenses
$1,724,642
Net Income
-$28,676
Net Assets
$1,532,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,677,364
98.9%
Investment Income $24,964
1.5%
Bond Proceeds $0
Royalties $6,375
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,737
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,743
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $377,404
21.9%
Assets/Debt
Total Assets $20,984,925
Total Liabilities $19,452,096
Net Assets $1,532,829
Compensation
Key Employees and Officers Compensation Related Other
Larry Schmitz Ii (President/Ceo) $75,022 $0 $20,721
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Wilma Thompson (Secretary/Treasurer) $0 $0 $0
Linda Burnside (Secretary/Treasurer (Current)) $0 $0 $0
Forrest Ehmke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,540,068
Expenses
$1,513,862
Net Income
$26,206
Net Assets
$1,561,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,500,373
97.4%
Investment Income $33,884
2.2%
Bond Proceeds $0
Royalties $7,489
0.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,678
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,434
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $347,980
23.0%
Assets/Debt
Total Assets $19,869,632
Total Liabilities $18,308,127
Net Assets $1,561,505
Compensation
Key Employees and Officers Compensation Related Other
Larry Schmitz Ii (President/Ceo) $72,738 $0 $22,696
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Mike Costello (Secretary/Treasurer) $0 $0 $0
Wilma Thompson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,270,693
Expenses
$1,333,631
Net Income
-$62,938
Net Assets
$1,535,299
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,229,743
96.8%
Investment Income $50,844
4.0%
Bond Proceeds $0
Royalties $4,334
0.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,228
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $96,650
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $352,991
26.5%
Assets/Debt
Total Assets $19,716,782
Total Liabilities $18,181,483
Net Assets $1,535,299
Compensation
Key Employees and Officers Compensation Related Other
Larry Schmitz Ii (President/Ceo) $70,140 $0 $26,510
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Wilma Thompson (Secretary/Treasurer (Current)) $0 $0 $0
Mike Costello (Secretary/Treasurer (Former)) $0 $0 $0
Linda Burnside (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,102,130
Expenses
$1,072,700
Net Income
$29,430
Net Assets
$1,598,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,033,011
93.7%
Investment Income $60,331
5.5%
Bond Proceeds $0
Royalties $8,788
0.8%
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 $86,718
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $307,903
28.7%
Assets/Debt
Total Assets $17,902,699
Total Liabilities $16,304,462
Net Assets $1,598,237
Compensation
Key Employees and Officers Compensation Related Other
Larry Schmitz Ii (President/Ceo) $66,996 $0 $19,722
Leland Bittle (Chairman) $0 $0 $0
Larry Gray (Vice Chairman) $0 $0 $0
Mike Costello (Secretary/Treasurer) $0 $0 $0
Wilma Thompson (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,203,744
Expenses
$1,160,619
Net Income
$43,125
Net Assets
$1,570,068
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,135,833
94.4%
Investment Income $56,013
4.7%
Bond Proceeds $0
Royalties $11,898
1.0%
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 $82,608
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $292,919
25.2%
Assets/Debt
Total Assets $17,339,070
Total Liabilities $15,769,002
Net Assets $1,570,068

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,386,209
Expenses
$1,317,126
Net Income
$69,083
Net Assets
$1,528,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,359,378
98.1%
Investment Income $68,458
4.9%
Bond Proceeds $0
Royalties $7,563
0.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$49,190
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $206,185
15.7%
Professional Fundraising Fees $0
Other Salaries and Wages $184,434
14.0%
Assets/Debt
Total Assets $17,959,486
Total Liabilities $16,431,113
Net Assets $1,528,373

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.

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.

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