Heartland Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 390716655 ✦ Madison, WI ✦ Designated as a 501(c)(14)

Overview

What is Heartland Credit Union?

Heartland Credit Union, located at 5325 High Crossing Blvd in Madison, Wisconsin, is a credit union dedicated to offering personalized financial services to its members. With a workforce of 160 employees, the institute manages a diverse range of loans, including 3,039 mortgages and home equity lines, 13,896 consumer loans, and 707 member business loans. Furthermore, the credit union caters to 5,034 credit card accounts. Their mission is to enhance their members' social and economic well-being through quality and cost-effective financial services. As of December 31, 2022, their portfolio saw an increase of 7,972 outstanding loans.


Official website here: www.heartlandcu.org

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,926,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,793,840

For more financial information, click here


Official website here: www.heartlandcu.org

What is the mission statement of Heartland Credit Union?

Heartland Credit Union is committed to delivering quality, cost-effective, and personalized financial services to its members, contributing to their overall social and economic well-being. The credit union's mission is to provide financial solutions tailored to individual needs, enabling members to thrive in their daily lives. During the past year, the number of outstanding loans at Heartland Credit Union grew significantly, with 3,039 mortgages and home equity lines, 13,896 consumer loans, and 707 member business loans. Additionally, the credit union managed 5,034 credit card accounts for its members. By focusing on personalized financial services, Heartland Credit Union aims to help its members achieve financial stability and success.


Official website here: www.heartlandcu.org

Who is the CEO of Heartland Credit Union?

Angela Hanson is the Chair of Heartland Credit Union. The CEO's salary of Heartland Credit Union is $514,004 and their total compensation is $573,993.


Official website here: www.heartlandcu.org

What is the revenue of Heartland Credit Union?

Heartland Credit Union's revenue in 2022 was $24,929,415.


Official website here: www.heartlandcu.org

Who are the executives of Heartland Credit Union and what are their salaries?

The average compensation at Heartland Credit Union during 2022 was $54,499. There are 160 employees and 12 volunteers at Heartland Credit Union.

Here are 21 key members and their salaries (Heartland Credit Union's CEO's salary is $514,004 and their total compensation is $573,993):

    Sally Dischler (President/Ceo)
  • Compensation: $514,004
  • Related: $0
  • Other: $59,989

    • Angela Hanson (Cio/Svp)
  • Compensation: $305,152
  • Related: $0
  • Other: $24,079

    • Steve Farnsworth (Coo/Evp)
  • Compensation: $185,901
  • Related: $0
  • Other: $15,476

    • Shawn Redman (Clo/Svp)
  • Compensation: $164,340
  • Related: $0
  • Other: $15,862

    • Lyle Hansen (Cto)
  • Compensation: $152,251
  • Related: $0
  • Other: $25,484

    • Kevin Featherston-Crowe (Cfo/Svp)
  • Compensation: $149,918
  • Related: $0
  • Other: $21,699

    • Shay Santos (Coo)
  • Compensation: $136,111
  • Related: $0
  • Other: $27,422

    • Robin Marohn (Vp Business Development)
  • Compensation: $126,553
  • Related: $0
  • Other: $21,819

    • Dianne Jentz (Vp Business Lending)
  • Compensation: $123,679
  • Related: $0
  • Other: $8,163

    • Anne Zickus (Chief Experience Officer)
  • Compensation: $106,948
  • Related: $0
  • Other: $21,398

    • Darrel Panzer (Vp Finance)
  • Compensation: $110,468
  • Related: $0
  • Other: $12,202

    • Gregory Johnson (Loan Sales Representaive)
  • Compensation: $109,090
  • Related: $0
  • Other: $11,310

    • Rhonda Hollfelder (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Jones (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Dalton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Digiovanni (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Mayne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theola Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffery Heil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mclellan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.heartlandcu.org

    Where can I find the form 990 for Heartland Credit Union?

    The Heartland Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.heartlandcu.org

    Learn more at the official website: www.heartlandcu.org

    Mission Statement of Heartland Credit Union

    Heartland Credit Union, a leading financial institution, is dedicated to enhancing the economic and social well-being of its members through the provision of quality, cost-effective, and personalized financial services. By focusing on the unique needs of each member, Heartland Credit Union sets itself apart in the financial sector.

    The mission of Heartland Credit Union is twofold. Firstly, it aims to offer financial products and services that cater to the diverse requirements of its members, ensuring they have access to tools that contribute positively to their financial health. Secondly, the credit union is committed to fostering a strong sense of community among its members by creating an environment that prioritizes their social well-being.

    Heartland Credit Union's portfolio comprises a range of loan products, including mortgages and home equity lines, consumer loans, and business loans. In 2022 alone, the institution witnessed an impressive increase of 7,972 outstanding loans. As of December 31, 2022, the credit union served over 3,000 members with mortgage and home equity loans, 13,896 with consumer loans, and 707 with business loans. Additionally, they managed 5,034 credit card accounts for their members. This extensive range of financial solutions is designed to meet the varying financial needs of Heartland Credit Union's diverse membership base.

    By offering personalized financial services, Heartland Credit Union empowers its members to make informed decisions about their financial future. This empowerment not only contributes to the members' financial stability but also fosters a sense of control and independence. Through its mission, Heartland Credit Union plays a vital role in the financial well-being of its members, ultimately enriching their lives.

    Impact

    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.




    Thursday, August 15, 2024

    Heartland Credit Union's impact is significant in providing quality, cost-effective, personalized financial services for its members' well-being. In 2022, the number of outstanding loans increased by 7,972. As of December 31, 2022, the credit union had 3,039 mortgages/home equity lines, 13,896 consumer loans, and 707 member business loans. Additionally, there were 5,034 credit card accounts held by members. Heartland Credit Union's mission to offer members financial services that contribute to their social and economic well-being underscores its positive impact on the community in Madison, WI.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,931,146
  • Program Service Revenue: $22,991,729
  • Gross Receipts: $24,998,829

    • Assets and Liabilities:
  • Total Assets: $601,399,682
  • Total Liabilities: $546,594,620
  • Net Assets: $54,805,062
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $16,253,576

    OTHER OPERATING INCOME

    Revenue

    $4,768,437

    FEE INCOME

    Revenue

    $1,969,716

    Organization Details

    Founding Year

    1936

    Principal Officer

    Angela Hanson

    Main Address

    5325 HIGH CROSSING BLVD, MADISON, WI, 53718

    If you are a representative of Heartland Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.