Overview
What is Heartland Credit Union?
Heartland Credit Union is a nonprofit organization situated in Inver Grove Heights, Minnesota, with a specific address at 5500 South Robert Trail, 55077. The credit union serves approximately 11,086 members, offering them a variety of deposit accounts. Heartland Credit Union's mission is to help its members make the most of their money. They achieve this by managing and distributing dividends and interest on these accounts. The credit union has a workforce of 42 individuals dedicated to this purpose.
Official website here: www.heartlandcu.com
Is Heartland Credit Union legitimate?
Heartland Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Heartland Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $870,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,315,168
For more financial information, click here
Official website here: www.heartlandcu.com
What is the mission statement of Heartland Credit Union?
Heartland Credit Union's mission is centered around serving its members. Its primary objective is to help members maximize the value from their financial resources. This is achieved through the provision of various deposit accounts, on which dividends and interest are paid. The credit union's activities are geared towards fostering financial growth and prosperity for its members.
Official website here: www.heartlandcu.com
What is the revenue of Heartland Credit Union?
Heartland Credit Union's revenue in 2023 was $8,315,333.
Official website here: www.heartlandcu.com
Who are the executives of Heartland Credit Union and what are their salaries?
The average compensation at Heartland Credit Union during 2023 was $53,299. There are 41 employees and 13 volunteers at Heartland Credit Union.
Here are 12 key members and their salaries:
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- Other: $0
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- Compensation: $120,054
- Related: $0
- Other: $23,571
- Compensation: $120,823
- Related: $0
- Other: $23,571
- Compensation: $102,449
- Related: $0
- Other: $17,225
- Compensation: $273,947
- Related: $0
- Other: $47,825
- Compensation: $116,466
- Related: $0
- Other: $24,157
Official website here: www.heartlandcu.com
Where can I find the form 990 for Heartland Credit Union?
Heartland Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heartlandcu.com
Learn more at the official website: www.heartlandcu.com
Mission Statement of Heartland Credit Union
Heartland Credit Union, as a financial institution, is dedicated to assisting its members in maximizing the value of their financial resources. Its primary objective is to help members derive the most benefit from their money. This mission is achieved through the provision of various deposit accounts, where dividends and interest are paid to members. The credit union serves approximately 11,086 members, with approximately 20,907 deposit accounts in its portfolio.
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Impact
October, 2024
Heartland Credit Union plays a vital role in the financial well-being of its community. With approximately 20,907 deposit accounts managed for around 11,086 members, the credit union offers valuable financial services that help individuals and families maximize their savings potential. By providing dividends and interest on these accounts, Heartland Credit Union encourages members to save, invest, and grow their financial resources.
Located in Inver Grove Heights, MN, Heartland Credit Union is dedicated to ensuring that its members benefit the most from their money. Through their commitment to member service and personal finance education, they empower individuals to take control of their financial futures. Their efforts not only enhance the financial literacy of their members but also contribute positively to the overall economic health of the community they serve.
This information is meant to be a general summary of Heartland Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,320,128
- Program Service Revenue: $6,995,205
- Gross Receipts: $8,315,333
Assets and Liabilities:
- Total Assets: $175,100,407
- Total Liabilities: $164,458,979
- Net Assets: $10,641,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$5,146,666
OTHER INCOME
Revenue
$1,155,768
FEE INCOME
Revenue
$692,771
Organization Details
Founding Year
1939
Principal Officer
Kathleen Harrington
Website
www.heartlandcu.comNTEE Category
Code: W60 - Public benefit
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