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HEARTLAND CREDIT UNION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HEARTLAND CREDIT UNION (EIN 48-0612011)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201903199349320870
Schema version
2018v3.1
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)
Return2019-11-15T15:17:38-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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
ZIP66061ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJERRY TENBRINKPreparerPersonNm
PTINP00638199PTIN
Phone9138946214PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address97.87.82.114IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-15IPDt
IP Tm15:17:22IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDF81630E7C01E54DA6D3CC5C7C1702BCCB5963A3AtSubmissionCreationDeviceId
At Submission Filing Device Id90B5988E53CBDDD12AFD5F67CACC6EB659604036AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

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$19,906,302GrossReceiptsAmt
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 Employee156TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$113,547TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,450PYContributionsGrantsAmt
CY Contributions Grants$10,000CYContributionsGrantsAmt
PY Program Service Revenue$16,992,356PYProgramServiceRevenueAmt
CY Program Service Revenue$18,867,125CYProgramServiceRevenueAmt
PY Investment Income$330,750PYInvestmentIncomeAmt
CY Investment Income-$346,109CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$17,325,556PYTotalRevenueAmt
CY Total Revenue$18,531,016CYTotalRevenueAmt
PY Grants And Similar Paid$5,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,117CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$33,074PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$31,790CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,502,347PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,582,584CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,893,775PYOtherExpensesAmt
CY Other Expenses$10,637,850CYOtherExpensesAmt
PY Total Expenses$15,434,196PYTotalExpensesAmt
CY Total Expenses$18,262,341CYTotalExpensesAmt
PY Revenues Less Expenses$1,891,360PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$268,675CYRevenuesLessExpensesAmt
Total Assets BOY$306,186,340TotalAssetsBOYAmt
Total Assets EOY$311,284,727TotalAssetsEOYAmt
Total Liabilities BOY$277,763,914TotalLiabilitiesBOYAmt
Total Liabilities EOY$282,602,624TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$28,422,426NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$28,682,103NetAssetsOrFundBalancesEOYAmt
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 26,683 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, 2018, THERE WERE 22,581 LOANS OUTSTANDING TOTALING $257,045,754.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $1,999,960 FOR THE YEAR.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 IndividualsYes (1)GrantsToIndividualsInd
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 With Officer EntYes (1)BusinessRlnWithOfficerEntInd
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 Document7957IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee156EmployeeCnt
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 (14 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
ROY BROXTERMAN
VICE CHAIRMAN2.00Yes (X)$0$0$0
KENDAL PULLIAM
SECRETARY/TREASURER2.00Yes (X)$0$0$0
RICHARD CARLISLE
BOARD MEMBER2.00Yes (X)$0$0$0
JOHN MCCANNON
BOARD MEMBER2.00Yes (X)$0$0$0
CAROLINE PHELPS
BOARD MEMBER2.00Yes (X)$0$0$0
MARK WOLESLAGEL
BOARD MEMBER2.00Yes (X)$0$0$0
DANIEL SPRINGER
PRESIDENT/CEO50.00$233,662$0$22,189Yes (X)
MICHELLE WALN
VP - CULTURE50.00$135,680$0$11,415Yes (X)
ZACHARY CLOBES
VP - TECHNOLOGY50.00$130,580$0$16,853Yes (X)
JEREMY STAUFFACHER
VP - SALES50.00$114,770$0$14,961Yes (X)
JOEL ANDREW
CFO50.00$107,480$0$14,591Yes (X)
JEFF GALLERY
CLO (THROUGH 11/16/2018)50.00$156,352$0$11,134Yes (X)
MICHAEL LORIMOR
AVP - REAL ESTATE50.00$103,858$0$7,642Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$982,382TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$98,785TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
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$505,215
SIMPSON CONSTRUCTION SERVICES
1831 S ANNAWICHITAKS67277CONSTRUCTION SERVICES$362,556
LUMINOUS NEON
1429 W 4TH AVEHUTCHINSONKS67501ADVERTISING/SIGNAGE$252,377
ALOGENT
1717 WEST 6TH STREET STE 112AUSTINTX78703ONLINE BANKING$172,510
TRANSUNION
PO BOX 99506CHICAGOIL60693CREDIT BUREAU$142,378
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$10,000AllOtherContributionsAmt
Total Contributions$10,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$11,814,616$11,814,616
FEES & OTHER INCOME522100$6,938,962$6,938,962
INSURANCE & WARRANTIES524298$81,307$81,307
NON-MEMBER ATM FEES522100$32,240$32,240
FieldValueIRS element (for citing)
Total Program Service Revenue$18,867,125TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$407,999TotalRevenueColumnAmt
Related Or Exempt Func Income$407,999RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$621,178OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$1,375,286OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$754,108OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$754,108TotalRevenueColumnAmt
Related Or Exempt Func Income-$754,108RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,531,016TotalRevenueColumnAmt
Related Or Exempt Func Income$18,407,469RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$113,547UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,000TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$9,117TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$31,790TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$969,667TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,494,770TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$271,847TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$340,766TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$505,534TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$29,605TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$133,861TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$182,859TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$589,846TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,607,239TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$583,290TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$626,224TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$45,458TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$236,439TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$329,012TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$791,082TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$143,316TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROVISION FOR LOAN LOSS$2,030,000
MEMBER DIVIDENDS$1,999,960
LOAN SERVICING$1,023,035
ASSOCIATION DUES$87,979

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$198,645TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$18,262,341TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,420,214BOYAmt
EOY$2,506,642EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,530,453BOYAmt
EOY$11,012,122EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$103,010BOYAmt
EOY$89,196EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$2,400,000BOYAmt
EOY$2,400,000EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$249,707,085BOYAmt
EOY$254,843,999EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$579,181BOYAmt
EOY$700,244EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,845,981LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,649,191LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$13,027,411BOYAmt
EOY$13,196,790EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$11,264,742BOYAmt
EOY$9,660,591EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$9,992,775BOYAmt
EOY$9,871,890EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,161,469BOYAmt
EOY$7,003,253EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$306,186,340BOYAmt
EOY$311,284,727EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,145,599BOYAmt
EOY$1,937,134EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$33,337,725BOYAmt
EOY$19,589,559EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$242,280,590BOYAmt
EOY$261,075,931EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$277,763,914BOYAmt
EOY$282,602,624EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

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$28,422,426BOYAmt
EOY$28,682,103EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,422,426BOYAmt
EOY$28,682,103EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$306,186,340BOYAmt
EOY$311,284,727EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$268,675ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$8,998NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,087,320OtherCostOrOtherBasisAmt
Book Value$2,087,320BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,862,604OtherCostOrOtherBasisAmt
Depreciation$3,555,561DepreciationAmt
Book Value$10,307,043BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,896,057OtherCostOrOtherBasisAmt
Depreciation$4,093,630DepreciationAmt
Book Value$802,427BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,196,790TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE DEPOSITSDesc
Amt$261,075,931Amt
FieldValueIRS element (for citing)
Total Liability$261,075,931TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
TWO $2,500 EDUCATION SCHOLARSHIPS WERE AWARDED2$5,000
C.A.S.H. GRANTS WERE AWARDED TO 13 MEMBER-EDUCATORS13$4,117

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE HEARTLAND CREDIT UNION EDUCATION SCHOLARSHIP PROGRAM AWARDS TWO NON-RENEWABLE $2,500 SCHOLARSHIPS TO STUDENTS ENROLLED FULL-TIME IN AN ACCREDITED COLLEGE, UNIVERSITY OR TECHNICAL SCHOOL. TO BE ELIGIBLE, APPLICANTS MUST BE A HCU PRIMARY ACCOUNT HOLDER. FUNDS ARE PAID DIRECTLY TO THE SCHOOL IN THE STUDENT'S NAME UPON CONFIRMATION OF ENROLLMENT. THE C.A.S.H. (CELEBRATE ACADEMIC SUCCESS WITH HCU) GRANT PROGRAM WAS ESTABLISHED TO SUPPORT THE PROJECTS OF MEMBER-EDUCATORS. APPLICANTS MUST BE A CURRENT HCU MEMBER WHO TEACHES AT ANY K-12 KANSAS SCHOOL. GRANTS ARE SELECTED BASED ON EDUCATIONAL BENEFIT AND AMOUNTS RANGE FROM $25 TO $400.ExplanationTxt

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 (2 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$222,675$0$7,499$0$3,488$0$16,344$0$5,845$0$255,851$0$0$0
JEFF GALLERY
CLO (THROUGH 11/16/2018)$144,321$0$11,931$0$100$0$5,328$0$5,806$0$167,486$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 MAINTAINS A COLLATERAL ASSIGNMENT SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT WITH DANIEL SPRINGER, PRESIDENT/CEO. SEE SCHEDULE L FOR FURTHER DETAILS, INCLUDING THE RELATED LOAN OUTSTANDING AT 12/31/2018.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonDANIEL SPRINGERPersonNm
Relationship With OrgPRESIDENT/CEORelationshipWithOrgTxt
Loan PurposeNONRECOURSE SPLIT DOLLAR PLANLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$2,400,000OriginalPrincipalAmt
Balance Due$2,400,000BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$2,400,000TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
MEMBERS MORTGAGE SERVICES LLC (MMS)
D.SPRINGER, J.ANDREW & K.PULLIAM ARE BOARD MEMBERS OF MMS$129,795SERVICE RELEASE PREMIUMS RECEIVED FROM MMS0
MEMBERS MORTGAGE SERVICES LLC (MMS)
D.SPRINGER, J.ANDREW & K.PULLIAM ARE BOARD MEMBERS OF MMS$449,208GAIN RECEIVED FROM SALE OF MORTGAGES TO FNMA THROUGH MMS0
MEMBERS MORTGAGE SERVICES LLC (MMS)
D.SPRINGER, J.ANDREW & K.PULLIAM ARE BOARD MEMBERS OF MMS$58,250FEES PAID TO MMS FOR MORTGAGE SERVICES PROVIDED FOR MEMBER LOANS AND USE OF MORTGAGE SERVICING TECHNOLOGY FOR IN-HOUSE LOANS0
MEMBERS MORTGAGE SERVICES LLC (MMS)
D.SPRINGER, J.ANDREW & K.PULLIAM ARE BOARD MEMBERS OF MMS$25,632FEES RECEIVED FROM MMS FOR USE OF THE CREDIT UNION'S NETWORKS, TECHNOLOGY AND SUPPORT STAFF0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 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 WITH THE PRESIDENT/CEO AND APPROVES THE FINAL RETURN 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.

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 Total Income-$50ShareOfTotalIncomeAmt
Share Of EOY Assets$120,006ShareOfEOYAssetsAmt
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