Totals
- Total revenue
- $38,853,089
- Total expenses
- $33,200,619
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $28,148,099
- Investment income
- $2,961,451
- Other revenue
- $7,743,539
- Total assets, end of year
- $884,527,149
- Total liabilities, end of year
- $128,739,925
- Net assets or fund balances, end of year
- $755,787,224
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: INTEREST ON LOANS
total $28,148,099 · related or exempt $28,148,099
-
3 · Investment income
total $2,961,451 · related or exempt $2,961,451
-
11a · Other revenue: FEE INCOME
total $3,238,790 · related or exempt $3,238,790
-
11b · Other revenue: OTHER OPERATING INCOME
total $3,116,661 · related or exempt $3,116,661
-
11c · Other revenue: INSURANCE COMMISSIONS
total $1,207,241 · unrelated business $1,207,241
-
11d · All other revenue
total $180,847 · related or exempt $180,847
-
11e · Other revenue, total
$7,743,539
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,262,604
-
7 · Other salaries and wages
total $11,465,458
-
9 · Other employee benefits
total $4,345,581
-
11b · Fees: legal
total $93,188
-
11c · Fees: accounting
total $131,465
-
11g · Fees: other
total $1,669,809
-
12 · Advertising and promotion
total $1,223,573
-
13 · Office expenses
total $1,793,773
-
14 · Information technology
total $1,616,416
-
16 · Occupancy
total $911,092
-
17 · Travel
total $425,917
-
20 · Interest
total $4,768,987
-
22 · Depreciation, depletion and amortization
total $1,432,606
-
23 · Insurance
total $17,626
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $32,646
-
24b · Other expenses: LOAN SERVICING EXPENSE
total $810,594
-
24c · Other expenses: PROVISION FOR LOAN LOSS
total $533,191
-
24d · Other expenses: CASH OVER & SHORT
total $394,790
-
24e · All other expenses
total $271,303
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,755,000 · end of year $7,654,522
-
4 · Accounts receivable
beginning of year $512,092 · end of year $375,416
-
7 · Other notes and loans receivable
beginning of year $621,263,557 · end of year $695,421,863
-
9 · Prepaid expenses and deferred charges
beginning of year $1,475,018 · end of year $1,535,236
-
10a · Land, buildings and equipment: cost or other basis
$32,376,980
-
10b · Land, buildings and equipment: accumulated depreciation
$18,156,402
-
10c · Land, buildings and equipment, net
beginning of year $14,740,251 · end of year $14,220,578
-
12 · Investments: other securities
beginning of year $146,917,698 · end of year $143,902,393
-
15 · Other assets
beginning of year $16,323,253 · end of year $21,417,141
-
17 · Accounts payable and accrued expenses
beginning of year $4,774,897 · end of year $6,198,048
-
23 · Secured mortgages and notes payable
beginning of year $102,250,000 · end of year $122,250,000
-
25 · Other liabilities
beginning of year $168,912 · end of year $291,877
-
29 · Capital stock, trust principal or current funds
beginning of year $635,330,279 · end of year $698,685,393
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $52,223,295 · end of year $42,862,345
-
31 · Retained earnings, endowment or other funds
beginning of year $14,239,486 · end of year $14,239,486
Mission and programs · 2022
Mission
TO PROVIDE SAVINGS AND LOAN PRODUCTS TO MEMBERS.
-
STATE CHARTERED COOPERATIVE FINANCIAL INSTITUTION
As filed on the 2022 return.
Listed in Part VII
-
Travis MarkleyTRAVIS MARKLEY
PRESIDENT/CEO
- Total calculated
- $503,674
- From this org
- $449,019
- From related orgs
- $0
- Other
- $54,655
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $449,019
- Bonus
- $0
- Other
- $0
- Deferred
- $32,025
- Nontaxable benefits
- $22,630
- Filer's total
- $503,674
-
Joe WardJOE WARD
CHIEF FINANCIAL OFFICER
- Total calculated
- $254,559
- From this org
- $213,891
- From related orgs
- $0
- Other
- $40,668
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $213,891
- Bonus
- $0
- Other
- $0
- Deferred
- $21,444
- Nontaxable benefits
- $19,224
- Filer's total
- $254,559
-
Charles KingCHARLES KING
EVP CHIEF ADMINISTRATIVE OFFICER
- Total calculated
- $254,523
- From this org
- $210,397
- From related orgs
- $0
- Other
- $44,126
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $210,397
- Bonus
- $0
- Other
- $0
- Deferred
- $21,496
- Nontaxable benefits
- $22,630
- Filer's total
- $254,523
-
Russell WilkieRUSSELL WILKIE
EVP & CHIEF EXPERIENCE OFFICER
- Total calculated
- $249,846
- From this org
- $207,517
- From related orgs
- $0
- Other
- $42,329
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $207,517
- Bonus
- $0
- Other
- $0
- Deferred
- $21,068
- Nontaxable benefits
- $21,261
- Filer's total
- $249,846
-
Jay AndersonJAY ANDERSON
PRESIDENT-HOOSIER HILLS INVEST
- Total calculated
- $246,574
- From this org
- $209,062
- From related orgs
- $0
- Other
- $37,512
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $209,062
- Bonus
- $0
- Other
- $0
- Deferred
- $15,694
- Nontaxable benefits
- $21,818
- Filer's total
- $246,574
-
James AldridgeJAMES ALDRIDGE
SVP TECHNOLOGY & INNOVATION
- Total calculated
- $230,965
- From this org
- $209,419
- From related orgs
- $0
- Other
- $21,546
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $209,419
- Bonus
- $0
- Other
- $0
- Deferred
- $20,487
- Nontaxable benefits
- $1,059
- Filer's total
- $230,965
-
Steve HawkinsSTEVE HAWKINS
SVP COMMERCIAL SERVICES
- Total calculated
- $230,939
- From this org
- $192,822
- From related orgs
- $0
- Other
- $38,117
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $192,822
- Bonus
- $0
- Other
- $0
- Deferred
- $18,893
- Nontaxable benefits
- $19,224
- Filer's total
- $230,939
-
Katherine BeauchampKATHERINE BEAUCHAMP
SVP HUMAN RESOURCES & TALENT MANAGEMENT
- Total calculated
- $188,183
- From this org
- $155,976
- From related orgs
- $0
- Other
- $32,207
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $155,976
- Bonus
- $0
- Other
- $0
- Deferred
- $16,077
- Nontaxable benefits
- $16,130
- Filer's total
- $188,183
-
Sarah EvansSARAH EVANS
SVP RISK MANAGEMENT
- Total calculated
- $185,629
- From this org
- $153,551
- From related orgs
- $0
- Other
- $32,078
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $153,551
- Bonus
- $0
- Other
- $0
- Deferred
- $15,948
- Nontaxable benefits
- $16,130
- Filer's total
- $185,629
-
R Alan CummingsR ALAN CUMMINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennie EdwardsJENNIE EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sally Gogel FisherSALLY GOGEL FISHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Keith WilkinsonKEITH WILKINSON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Jay BrownJAY BROWN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Leo MeadowsLEO MEADOWS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Brian JohnsonBRIAN JOHNSON
TREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
HOOSIER HILLS INSURANCE LLC
INSURANCE SALES · IN · income $816,659 · assets $3,903,877
Directly controlled by HOOSIER HILLS CREDIT UNION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311329349303286
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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