Heartland Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,423,752 | 9,353,697 | 1,070,055 | 20.1 | 32% |
| 2012 | 12,713,961 | 10,002,898 | 2,711,063 | 22.1 | 34% |
| 2013 | 13,113,812 | 10,539,083 | 2,574,729 | 23.5 | 38% |
| 2014 | 12,656,657 | 11,284,856 | 1,371,801 | 23.6 | 40% |
| 2015 | 14,475,603 | 12,791,707 | 1,683,896 | 22.5 | 37% |
| 2016 | 16,580,585 | 13,956,853 | 2,623,732 | 22.9 | 39% |
| 2017 | 17,325,556 | 15,434,196 | 1,891,360 | 22.1 | 41% |
| 2018 | 18,531,016 | 18,262,341 | 268,675 | 18.8 | 35% |
| 2019 | 20,614,936 | 20,028,387 | 586,549 | 17.6 | 35% |
| 2020 | 27,221,484 | 20,497,382 | 6,724,102 | 21.2 | 38% |
| 2022 | 32,731,049 | 27,066,002 | 5,665,047 | 23.7 | 33% |
| 2023 | 37,223,696 | 37,008,797 | 214,899 | 17.4 | 26% |
In its most recent public year (2023), this organization brought in $214,899 more than it spent. Its reserves stood at about 17.4 months of spending, down from 20.1 in 2011. Staff pay was 26% 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