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Southwest Heritage 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
$13.8M (2023)

Expenses
$11M (2023)

Total Assets
$223M (2023)

Total Liabilities
$196M (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
$13,841,613
Expenses
$11,043,575
Net Income
$2,798,038
Net Assets
$27,374,417
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,966,459
86.5%
Investment Income $1,830,287
13.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,867
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $431,884
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,798,681
34.4%
Assets/Debt
Total Assets $223,216,580
Total Liabilities $195,842,163
Net Assets $27,374,417
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $367,783 $0 $0
Edgar Baiza Jr (Chairman) $8,000 $0 $0
Valerie Newsom (Director) $7,800 $0 $0
Cathy George (Secretary) $7,000 $0 $0
Neil Dobmeier (Director) $6,800 $0 $0
Daina Perkins (Advisory Direct) $5,700 $0 $0
Charles Coon (Treasurer) $5,400 $0 $0
Stewart Mckeehan (Director) $5,200 $0 $0
Robert Brescia (Advisory Direct) $4,200 $0 $0
Fred Ray (Advisory Direct) $3,900 $0 $0
Chris Garrett (Vice Chairman) $3,800 $0 $0
Mary Hunt (Advisory Direct) $3,750 $0 $0
Barbara Nunez (Advisory Direct) $1,650 $0 $0
Charles Hughes (Advisory Direct) $900 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,453,066
Expenses
$8,762,752
Net Income
$2,690,314
Net Assets
$24,975,888
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,727,804
84.9%
Investment Income $1,688,114
14.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $37,148
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $343,833
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,392,729
38.7%
Assets/Debt
Total Assets $215,180,278
Total Liabilities $190,204,390
Net Assets $24,975,888
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $279,533 $0 $0
Valerie Newsom (Director) $8,000 $0 $0
Edgar Baiza Jr (Chairman) $7,400 $0 $0
Cathy George (Secretary) $7,000 $0 $0
Neil Dobmeier (Director) $6,000 $0 $0
Chris Garrett (Vice Chairman) $5,800 $0 $0
Daina Perkins (Advisory Direct) $5,400 $0 $0
Charles Coon (Treasurer) $5,200 $0 $0
Mary Hunt (Advisory Direct) $4,350 $0 $0
Stewart Mckeehan (Director) $4,200 $0 $0
Fred Ray (Advisory Direct) $3,900 $0 $0
Robert Brescia (Advisory Direct) $3,600 $0 $0
Barbara Nunez (Advisory Direct) $3,450 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,246,334
Expenses
$8,714,255
Net Income
$2,532,079
Net Assets
$22,285,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,721,598
86.4%
Investment Income $1,466,539
13.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $58,197
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $319,476
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,299,849
37.9%
Assets/Debt
Total Assets $192,873,869
Total Liabilities $170,588,295
Net Assets $22,285,574
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $244,626 $0 $0
Valerie Newsom (Chairman) $8,800 $0 $0
Robert Brescia (Advisory Direct) $8,700 $0 $0
Cathy George (Secretary) $8,200 $0 $0
Edgar Baiza Jr (Vice Chairman) $7,800 $0 $0
Neil Dobmeier (Director) $6,600 $0 $0
Stewart Mckeehan (Director) $6,200 $0 $0
Daina Perkins (Advisory Direct) $5,850 $0 $0
Charles Coon (Treasurer) $5,800 $0 $0
Chris Garrett (Director) $4,600 $0 $0
Barbara Nunez (Advisory Direct) $4,350 $0 $0
Mary Hunt (Advisory Direct) $4,350 $0 $0
Fred Ray (Advisory Direct) $3,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,038,579
Expenses
$9,526,070
Net Income
$1,512,509
Net Assets
$19,753,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,360,342
93.9%
Investment Income $281,621
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $396,616
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $313,468
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,147,087
33.0%
Assets/Debt
Total Assets $186,153,186
Total Liabilities $166,399,691
Net Assets $19,753,495
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $238,668 $0 $0
Valerie Newsom (Chairman) $8,400 $0 $0
Edgar Baiza Jr (Vice Chairman) $8,400 $0 $0
Robert Brescia (Advisory Direct) $7,950 $0 $0
Cathy George (Secretary) $7,600 $0 $0
Neil Dobmeier (Director) $7,000 $0 $0
Stewart Mckeehan (Director) $7,000 $0 $0
Daina Perkins (Advisory Direct) $5,400 $0 $0
Charles Coon (Treasurer) $5,400 $0 $0
Chris Garrett (Director) $5,200 $0 $0
Barbara Nunez (Advisory Direct) $4,500 $0 $0
Mary Hunt (Advisory Direct) $4,050 $0 $0
Fred Ray (Advisory Direct) $3,900 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,468,959
Expenses
$8,925,323
Net Income
$2,543,636
Net Assets
$18,240,986
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,846,753
94.6%
Investment Income $422,501
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $199,705
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $302,344
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,821,802
31.6%
Assets/Debt
Total Assets $171,605,818
Total Liabilities $153,364,832
Net Assets $18,240,986
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $239,944 $0 $0
Valerie Newsom (Chairman) $8,000 $0 $0
Edgar Baiza Jr (Vice Chairman) $7,600 $0 $0
Cathy George (Secretary) $7,400 $0 $0
Neil Dobmeier (Director) $7,000 $0 $0
Stewart Mckeehan (Director) $5,800 $0 $0
Charles Coon (Treasurer) $5,400 $0 $0
Daina Perkins (Advisory Direct) $4,650 $0 $0
Barbara Nunez (Advisory Direct) $4,200 $0 $0
Mary Hunt (Advisory Direct) $3,900 $0 $0
Chris Garrett (Director) $3,800 $0 $0
Fred Ray (Advisory Direct) $3,600 $0 $0
Robert Brescia (Advisory Direct) $1,050 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,324,536
Expenses
$7,530,672
Net Income
$2,793,864
Net Assets
$15,697,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,792,229
94.8%
Investment Income $423,612
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $108,695
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $258,745
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,467,776
32.8%
Assets/Debt
Total Assets $164,826,203
Total Liabilities $149,128,853
Net Assets $15,697,350
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $210,145 $0 $0
Valerie Newsom (Director) $7,350 $0 $0
Edgar Baiza Jr (Director) $6,600 $0 $0
Cathy George (Secretary) $6,450 $0 $0
Neil Dobmeier (Director) $5,900 $0 $0
Charles Coon (Treasurer) $5,100 $0 $0
Chris Garrett (Chairman) $4,400 $0 $0
Stewart Mckeehan (Director) $4,400 $0 $0
Fred Ray (Advisory Direct) $3,000 $0 $0
Mary Hunt (Advisory Direct) $2,100 $0 $0
Daina Perkins (Advisory Direct) $1,800 $0 $0
Barbara Nunez (Advisory Direct) $1,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,799,352
Expenses
$6,585,540
Net Income
$1,213,812
Net Assets
$12,903,486
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,447,303
95.5%
Investment Income $320,883
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,166
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $206,734
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,084,018
31.6%
Assets/Debt
Total Assets $147,306,160
Total Liabilities $134,402,674
Net Assets $12,903,486
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $165,972 $2,062 $0
Edgar Baiza Jr (Director) $6,300 $0 $0
Neil Dobmeier (Chairman) $6,150 $0 $0
Cathy George (Secretary) $5,700 $0 $0
Chris Garrett (Vice Chairman) $5,400 $0 $0
Valerie Newsom (Director) $4,200 $0 $0
Charles Coon (Treasurer) $4,200 $0 $0
Stewart Mckeehan (Director) $3,750 $0 $0
Fred Ray (Advisory Direct) $3,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,633,053
Expenses
$5,801,277
Net Income
$831,776
Net Assets
$11,689,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,411,302
96.7%
Investment Income $208,579
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,172
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $209,852
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,890,322
32.6%
Assets/Debt
Total Assets $113,327,824
Total Liabilities $101,638,150
Net Assets $11,689,674
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $166,952 $1,736 $0
Edgar Baiza Jr (Director) $6,600 $0 $0
Neil Dobmeier (Chairman) $6,450 $0 $0
Chris Garrett (Vice Chairman) $6,150 $0 $0
Cathy George (Secretary) $5,550 $0 $0
Tony Underwood (Director) $5,250 $0 $0
Charles Coon (Treasurer) $4,200 $0 $0
Stewart Mckeehan (Director) $3,600 $0 $0
Cynthia Winfrey (Advisory Direct) $3,000 $0 $0
Fred Ray (Advisory Direct) $2,100 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,255,394
Expenses
$5,101,951
Net Income
$1,153,443
Net Assets
$10,857,898
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,977,449
95.6%
Investment Income $269,306
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,639
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $207,310
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,706,229
33.4%
Assets/Debt
Total Assets $113,915,164
Total Liabilities $103,057,266
Net Assets $10,857,898
Compensation
Key Employees and Officers Compensation Related Other
Ronny Hayes (C E O) $157,510 $0 $0
Chris Garrett (Chairman) $6,600 $0 $0
Cathy George (Secretary) $5,850 $0 $0
Neil Dobmeier (Vice Chairman) $5,550 $0 $0
Mike Norris (Treasurer) $5,400 $0 $0
Tony Underwood (Advisory Direct) $5,400 $0 $0
Edgar Baiza Sr (Director) $4,650 $0 $0
Edgar Baiza Jr (Director) $4,350 $0 $0
Charles Coon (Director) $4,350 $0 $0
Fred Ray (Advisory Direct) $3,600 $0 $0
Stewart Mckeehan (Advisory Direct) $2,700 $0 $0
D'ann Foster (Director) $1,350 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,814,015
Expenses
$4,609,542
Net Income
$1,204,473
Net Assets
$9,704,455
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,613,098
96.5%
Investment Income $196,185
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,732
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $189,968
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,563,344
33.9%
Assets/Debt
Total Assets $111,028,087
Total Liabilities $101,323,632
Net Assets $9,704,455
Compensation
Key Employees and Officers Compensation Related Other
Neil Dobmeier (Vice Chairman) $6,300 $0 $0
Chris Garrett (Director) $5,700 $0 $0
Mike Norris (Treasurer) $5,250 $0 $0
Cathy George (Secretary) $5,100 $0 $0
Tony Underwood (Advisory Direct) $4,950 $0 $0
D'ann Foster (Chairman) $4,500 $0 $0
Edgar Baiza Sr (Director) $4,200 $0 $0
Charles Coon (Director) $3,900 $0 $0
Dell Rasmussen (Director) $3,300 $0 $0
Stewart Mckeehan (Advisory Direct) $3,000 $0 $0
Fred Ray (Advisory Direct) $2,400 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,942,516
Expenses
$3,921,485
Net Income
$1,021,031
Net Assets
$8,499,982
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,767,965
96.5%
Investment Income $170,509
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,042
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $159,855
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,323,980
33.8%
Assets/Debt
Total Assets $98,910,309
Total Liabilities $90,410,327
Net Assets $8,499,982
Compensation
Key Employees and Officers Compensation Related Other
Ronny Haynes (Ceo) $125,805 $0 $0
Neil Dobmeier (Secretary) $4,800 $0 $0
Edgar Baiza Sr (Director) $4,350 $0 $0
Mike Norris (Director) $3,900 $0 $0
Chris Garrett (Advisory Direct) $3,300 $0 $0
D'ann Foster (Chairman) $3,150 $0 $0
Dell Rasmussen (Treasurer) $2,850 $0 $0
Charles Coon (Advisory Direct) $2,700 $0 $0
Cathy George (Director) $2,400 $0 $0
Fred Ray (Vice Chairman) $2,250 $0 $0
Tony Underwood (Advisory Direct) $2,250 $0 $0
Stewart Mckeehan (Advisory Direct) $2,100 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,721,833
Expenses
$3,501,258
Net Income
$1,220,575
Net Assets
$7,478,951
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,547,912
96.3%
Investment Income $149,631
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,290
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $113,957
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,033,088
29.5%
Assets/Debt
Total Assets $92,343,210
Total Liabilities $84,864,259
Net Assets $7,478,951

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,378,777
Expenses
$3,253,511
Net Income
$1,125,266
Net Assets
$6,258,376
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,216,068
96.3%
Investment Income $118,149
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $19,758
0.5%
Net Inventory Sales $0
Other Revenue $24,802
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $115,495
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $955,836
29.4%
Assets/Debt
Total Assets $75,472,582
Total Liabilities $69,214,206
Net Assets $6,258,376

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

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.
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  • 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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