STRATEGY STUDIO / PUBLIC DATA EXPLORER

HEARTLAND CREDIT UNION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
HEARTLAND CREDIT UNION (EIN 48-0612011)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-02
IRS object ID
202323069349303202
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-02T16:53:22-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN810781371PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1J TENBRINK & ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111272 S RIDGEVIEW RDAddressLine1Txt
CityOLATHECityNm
State AbbreviationKSStateAbbreviationCd
ZIP660616454ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN480612011EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HEARTLAND CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHEARBusinessNameControlTxt
Phone6206690177PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 N MONROE STAddressLine1Txt
CityHUTCHINSONCityNm
State AbbreviationKSStateAbbreviationCd
ZIP675022224ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOEL ANDREWPersonNm
Person TitleCFOPersonTitleTxt
Phone6206690177PhoneNum
Signature2023-11-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOELPersonFirstNm
Person LastANDREWPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGERALD TENBRINKPreparerPersonNm
PTINP00638199PTIN
Phone9138946214PhoneNum
Preparation2023-10-25PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDANIEL SPRINGERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 N MONROE STAddressLine1Txt
CityHUTCHINSONCityNm
State AbbreviationKSStateAbbreviationCd
ZIP675022224ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$35,016,266GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.HCU.COOPWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1948FormationYr
Legal Domicile StateKSLegalDomicileStateCd
Activity Or MissionTO PROVIDE HIGH QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee158TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$269,200TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,053PYContributionsGrantsAmt
CY Contributions Grants$3,677CYContributionsGrantsAmt
PY Program Service Revenue$30,367,721PYProgramServiceRevenueAmt
CY Program Service Revenue$32,295,302CYProgramServiceRevenueAmt
PY Investment Income$247,595PYInvestmentIncomeAmt
CY Investment Income$432,070CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$30,631,369PYTotalRevenueAmt
CY Total Revenue$32,731,049CYTotalRevenueAmt
PY Grants And Similar Paid$12,709PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$14,243CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,039,947PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,443,058CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,029,972PYOtherExpensesAmt
CY Other Expenses$16,608,701CYOtherExpensesAmt
PY Total Expenses$20,082,628PYTotalExpensesAmt
CY Total Expenses$27,066,002CYTotalExpensesAmt
PY Revenues Less Expenses$10,548,741PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,665,047CYRevenuesLessExpensesAmt
Total Assets BOY$477,723,732TotalAssetsBOYAmt
Total Assets EOY$598,292,270TotalAssetsEOYAmt
Total Liabilities BOY$431,041,288TotalLiabilitiesBOYAmt
Total Liabilities EOY$544,818,946TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$46,682,444NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$53,473,324NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HIGH QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 36,684 MEMBERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2022, THERE WERE 29,887 LOANS OUTSTANDING TOTALING $519,139,340, INCLUDING PARTICIPATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPAID DIVIDENDS ON DEPOSITS TOTALING $2,940,817 FOR THE YEAR.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18154IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee158EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOEL ANDREWBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6206690177PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 N MONROE STAddressLine1Txt
CityHUTCHINSONCityNm
State AbbreviationKSStateAbbreviationCd
ZIP675022224ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
REX CHRISTNER
CHAIRMAN3.00Yes (X)$0$0$0
CAROLINE PHELPS
VICE CHAIRMAN2.00Yes (X)$0$0$0
SHEILA MEGGERS
SECRETARY/TREASURER2.00Yes (X)$0$0$0
JOHN MCCANNON
BOARD MEMBER2.00Yes (X)$0$0$0
ROY BROXTEMAN
BOARD MEMBER2.00Yes (X)$0$0$0
LIBBY BECK
BOARD MEMBER2.00Yes (X)$0$0$0
MARK WOLESLAGEL
BOARD MEMBER2.00Yes (X)$0$0$0
SHANDI STALLMAN
BOARD MEMBER2.00Yes (X)$0$0$0
KENDALL PULLIAM
BOARD MEMBER2.00Yes (X)$0$0$0
DANIEL SPRINGER
PRESIDENT/CEO50.00$418,489$0$26,987Yes (X)
JOEL ANDREW
CFO50.00$217,863$0$34,724Yes (X)
MICHELLE WALN
CCO50.00$196,431$0$17,081Yes (X)
ZACHARY CLOBES
CTO50.00$196,745$0$26,476Yes (X)
BAMBI STEWART
CLO50.00$175,421$0$31,600Yes (X)
JEREMY STAUFFACHER
CXO50.00$188,666$0$25,397Yes (X)
MICHAEL LORIMOR
VP-REAL ESTATE LENDING50.00$185,651$0$12,984Yes (X)
MONTE CROSS
PRESIDENT-HWS50.00$146,954$0$31,468Yes (X)
AMY BRENNAN
VP-COMMERCIAL LENDING1.00$139,229$0$15,380Yes (X)
ANGELA MEILKE
VP-STRATEGIC INITIATIVES1.00$126,003$0$21,657Yes (X)
SARAH BASS
VP-SALES & SERVICE1.00$119,985$0$12,912Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,111,437TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$256,666TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K14IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
JACK HENRY & ASSOCIATES
PO BOX 609MONETTMO65708CORE PROVIDER$514,886
ALKAMI TECHNOLOGY
PO BOX 122223 DEPT 2223DALLASTX753122223SOFTWARE PROVIDER$364,553
INSIGHT DIRECT USA INC
PO BOX 731069DALLASTX753731069TECHNOLOGY HARDWARE$280,974
NUSOURCE FINANCIAL
9749 HAMILTON ROADEDEN PRAIRIEMN55344ATM PROVIDER$207,038
ARCA
5050 KINGSLEY DRIVECINCINNATIOH45227CASH COIN MACHINE PROVIDER$194,724
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,677AllOtherContributionsAmt
Total Contributions$3,677TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$21,130,464$21,130,464
FEES & OTHER INCOME522100$10,923,332$10,895,638$27,694
INSURANCE & WARRANTIES524298$241,506$241,506
FieldValueIRS element (for citing)
Total Program Service Revenue$32,295,302TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$383,333TotalRevenueColumnAmt
Related Or Exempt Func Income$383,333RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$2,333,954OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$2,285,217OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$48,737OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$48,737TotalRevenueColumnAmt
Related Or Exempt Func Income$48,737RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,731,049TotalRevenueColumnAmt
Related Or Exempt Func Income$32,458,172RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$269,200UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,113TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$4,130TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,555,880TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,325,779TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$336,497TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$594,712TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$630,190TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,479TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$177,396TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$312,302TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$915,300TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,035,479TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,549,747TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$733,059TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$54,347TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$375,724TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$814,974TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$943,183TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$155,710TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROVISION FOR LOAN LOSS$2,944,232
DIVIDENDS ON SHARES$2,940,817
LOAN SERVICING$1,093,318
ASSOCIATION DUES$113,186

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$439,448TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$27,066,002TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,009,031BOYAmt
EOY$2,603,284EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,771,785BOYAmt
EOY$10,557,817EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,646,916BOYAmt
EOY$4,055,882EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$12,998,502BOYAmt
EOY$12,986,620EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$397,372,181BOYAmt
EOY$515,201,306EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$747,635BOYAmt
EOY$920,089EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$22,511,580LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,906,204LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,159,914BOYAmt
EOY$12,605,376EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,659,640BOYAmt
EOY$8,000,365EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$18,220,063BOYAmt
EOY$23,304,491EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,138,065BOYAmt
EOY$8,057,040EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$477,723,732BOYAmt
EOY$598,292,270EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,241,676BOYAmt
EOY$4,784,486EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$14,110,499BOYAmt
EOY$56,091,157EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$411,689,113BOYAmt
EOY$483,943,303EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$431,041,288BOYAmt
EOY$544,818,946EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$46,682,444BOYAmt
EOY$53,473,324EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$46,682,444BOYAmt
EOY$53,473,324EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$477,723,732BOYAmt
EOY$598,292,270EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$5,665,047ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$437,149NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,562,982OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$2,600PoliticalExpendituresAmt
Internal Funds Contributed$2,600InternalFundsContributedAmt
Total Exempt Function Expend$2,600TotalExemptFunctionExpendAmt
Form1120 POL FiledYes (1)Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1CREDIT UNION PAC OF KANSASBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1901 SW TOPEKA BLVDAddressLine1Txt
CityTOPEKACityNm
State AbbreviationKSStateAbbreviationCd
ZIP66612ZIPCd
FieldValueIRS element (for citing)
EIN480949548EIN
Paid Internal Funds$2,600PaidInternalFundsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1:FormAndLineReferenceDesc
ExplanationCONTRIBUTION TO THE CREDIT UNION PAC OF KANSASExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,131,570OtherCostOrOtherBasisAmt
Book Value$2,131,570BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,333,005OtherCostOrOtherBasisAmt
Depreciation$5,400,741DepreciationAmt
Book Value$8,932,264BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$91,494OtherCostOrOtherBasisAmt
Depreciation$30,550DepreciationAmt
Book Value$60,944BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,955,511OtherCostOrOtherBasisAmt
Depreciation$4,474,913DepreciationAmt
Book Value$1,480,598BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$12,605,376TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE DEPOSITSDesc
Amt$483,943,303Amt
FieldValueIRS element (for citing)
Total Liability$483,943,303TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DANIEL SPRINGER
PRESIDENT/CEO$340,264$0$72,808$0$5,417$0$21,339$0$5,648$0$445,476$0$0$0
JOEL ANDREW
CFO$183,723$0$31,061$0$3,079$0$15,802$0$18,922$0$252,587$0$0$0
ZACHARY CLOBES
CTO$161,548$0$33,950$0$1,247$0$14,132$0$12,344$0$223,221$0$0$0
JEREMY STAUFFACHER
CXO$159,593$0$28,406$0$667$0$13,533$0$11,864$0$214,063$0$0$0
MICHELLE WALN
CCO$164,709$0$29,193$0$2,529$0$13,891$0$3,190$0$213,512$0$0$0
BAMBI STEWART
CLO$145,380$0$30,041$0$0$0$12,964$0$18,636$0$207,021$0$0$0
MICHAEL LORIMOR
VP-REAL ESTATE LENDING$125,407$0$60,244$0$0$0$12,984$0$0$0$198,635$0$0$0
MONTE CROSS
PRESIDENT-HWS$103,189$0$42,394$0$1,371$0$11,106$0$20,362$0$178,422$0$0$0
AMY BRENNAN
VP-COMMERCIAL LENDING$119,013$0$20,216$0$0$0$9,732$0$5,648$0$154,609$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE CREDIT UNION PROVIDES REIMBURSEMENT FOR YMCA MEMBERSHIP DUES. THIS BENEFIT IS AVAILABLE TO ALL EMPLOYEES, INCLUDING OFFICERS.
PART I, LINE 3THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND SETS COMPENSATION USING INFORMATION FROM EXTERNAL SOURCES AND SURVEYS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
PART I, LINE 4BTHE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS FOR THE FOLLOWING OFFICERS THROUGH COLLATERAL ASSIGNMENT SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS: DANIEL SPRINGER, PRESIDENT/CEO MICHELLE WALN, CCO ZACHARY CLOBES, CTO JEREMY STAUFFACHER, CXO JOEL ANDREW, CFO BAMBI STEWART, CLO SEE SCHEDULE L FOR FURTHER DETAILS, INCLUDING THE RELATED LOANS OUTSTANDING AT 12/31/2022.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (6 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
DANIEL SPRINGER
PRESIDENT/CEONONRECOURSE SPLIT DOLLAR PLANYes (X)$2,400,000$2,499,4400Yes (1)Yes (1)
MICHELLE WALN
OFFICER-CCONONRECOURSE SPLIT DOLLAR PLANYes (X)$2,500,000$2,500,0000Yes (1)Yes (1)
ZACHARY CLOBES
OFFICER-CTONONRECOURSE SPLIT DOLLAR PLANYes (X)$2,250,000$2,250,0000Yes (1)Yes (1)
JEREMY STAUFFACHER
OFFICER-CXONONRECOURSE SPLIT DOLLAR PLANYes (X)$2,250,000$2,250,0000Yes (1)Yes (1)
JOEL ANDREW
OFFICER-CFONONRECOURSE SPLIT DOLLAR PLANYes (X)$1,925,000$1,931,7470Yes (1)Yes (1)
BAMBI STEWART
OFFICER-CLONONRECOURSE SPLIT DOLLAR PLANYes (X)$1,550,000$1,555,4330Yes (1)Yes (1)
FieldValueIRS element (for citing)
Total Balance Due$12,986,620TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7BCERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER NO SUCH CHANGES WERE MADE DURING THE YEAR.
FORM 990, PART VI, SECTION B, LINE 11BTHE CFO REVIEWS THE FORM 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND SETS COMPENSATION USING INFORMATION FROM EXTERNAL SOURCES AND SURVEYS. SIMILARLY, THE PRESIDENT/CEO DETERMINES COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES AND PRESENTS THIS AS PART OF THE BUDGET PACKAGE TO THE BOARD FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION'S LOBBY AND ON THEIR WEBSITE, PRESENTED AT THE ANNUAL MEETING, AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:EQUITY ACQUIRED PURSUANT TO MERGER WITH FARMERS CREDIT UNION 1,562,982.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MEMBERSOURCE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 N MONROEAddressLine1Txt
CityHUTCHINSONCityNm
State AbbreviationKSStateAbbreviationCd
ZIP67502ZIPCd
FieldValueIRS element (for citing)
EIN742809182EIN
Primary ActivitiesSECURITIES BROKERAGE SERVICESPrimaryActivitiesTxt
Legal Domicile StateKSLegalDomicileStateCd
Entity TypeCEntityTypeTxt
Share Of EOY Assets$119,797ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd