Heartland Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,530,809 | 4,127,584 | 403,225 | 21.7 | 23% |
| 2012 | 4,639,970 | 3,815,427 | 824,543 | 26.1 | 28% |
| 2013 | 4,582,333 | 3,959,002 | 623,331 | 27.1 | 29% |
| 2014 | 4,818,906 | 4,018,366 | 800,540 | 29.2 | 32% |
| 2015 | 4,801,887 | 4,131,638 | 670,249 | 30.2 | 32% |
| 2016 | 4,829,300 | 4,258,358 | 570,942 | 30.9 | 32% |
| 2017 | 4,879,581 | 4,365,289 | 514,292 | 31.5 | 32% |
| 2018 | 5,558,163 | 4,707,827 | 850,336 | 31.1 | 33% |
| 2019 | 5,922,149 | 5,229,899 | 692,250 | 30.1 | 31% |
| 2020 | 5,898,437 | 5,878,185 | 20,252 | 27.1 | 11% |
| 2021 | 7,283,732 | 5,040,512 | 2,243,220 | 34.9 | 39% |
| 2022 | 6,871,106 | 5,849,956 | 1,021,150 | 21.8 | 35% |
| 2023 | 8,315,333 | 7,709,814 | 605,519 | 18.6 | 28% |
In its most recent public year (2023), this organization brought in $605,519 more than it spent. Its reserves stood at about 18.6 months of spending, down from 21.7 in 2011. Staff pay was 28% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Heartland Credit Union's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works