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Nonprofiteer
← HEARTLAND CREDIT UNION CHARITABLE FOUNDATION INC

Form 990 for tax year 2022

Filed by HEARTLAND CREDIT UNION CHARITABLE FOUNDATION INC.

Totals

Total revenue
$337,165
Total expenses
$317,708
Contributions and grants received
$184,381
Grants paid
$286,850
Program service revenue
$0
Investment income
$7,245
Other revenue
$145,539
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$286,850
Management and general expenses
$30,858
Fundraising expenses
$0
Program service expenses (Part III)
$286,850

Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1f · All other contributions, gifts and grants

    $184,381

  • 3 · Investment income

    total $7,245 · excluded $7,245

  • 8a · Fundraising events: gross income

    $256,502

  • 8b · Fundraising events: direct expenses

    $110,963

  • 8c · Net income from fundraising events

    total $145,539 · excluded $145,539

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $286,850 · program services $286,850

  • 11c · Fees: accounting

    total $6,500 · management and general $6,500

  • 11g · Fees: other

    total $5,130 · management and general $5,130

  • 12 · Advertising and promotion

    total $14,078 · management and general $14,078

  • 24a · Other expenses: MISC EXPENSE

    total $2,935 · management and general $2,935

  • 24b · Other expenses: BOARD & COMMITTEES

    total $2,215 · management and general $2,215

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $759,108 · end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $47,994 · end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,222 · end of year $0

  • 19 · Deferred revenue

    beginning of year $23,600 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $613,434 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $168,846 · end of year $0

Mission and programs · 2022

Mission

THE HEARTLAND CREDIT UNION CHARITABLE FOUNDATION (HCUCF) INVESTS IN AND THROUGH CREDIT UNIONS TO ENHANCE THEIR ABILITY TO SERVE THEIR MEMBERS AND THEIR COMMUNITY.

Activities or mission (Part I)

TO PROMOTE CREDIT UNION DEVELOPMENT THROUGHOUT THE STATES OF MISSOURI AND KANSAS.

  • HCUCF PROVIDES GRANTS, SCHOLARSHIPS AND SERVICES TO SUPPORT THE PROFESSIONAL DEVELOPMENT, CAPACITY BUILDING AND COMMUNITY DEVELOPMENT NEEDS OF CREDIT UNIONS IN MISSOURI AND KANSAS.

    Expenses $286,850 · Grants $286,850

  • IN 2023, HEARTLAND CREDIT UNION CHARITABLE FOUNDATION MERGED WITH A LIKE SIZE ORGANIZATION WITH SIMILAR CORE VALUES. THIS OPPORTUNITY WILL DOUBLE THE SIZE OF HEARTLAND CREDIT UNION CHARITABLE FOUNDATION IN BOTH INFRASTRUCTURE AND ASSETS.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Dougherty

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Rick Nichols

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Jason Peach

    SECRETARY/TREASUER

    Total calculated
    $0
    Hours/week
    2

  • Linda Allen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deonne Christensen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Evan Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brenda Kliewer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ashley Bautista

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Strubel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jean Hughes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Springer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Loretta Roney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Brad Douglas Former

    PRESIDENT & CEO

    Total calculated
    $512,472
    From this org
    $0
    From related orgs
    $487,398
    Other
    $25,074
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $35,476 related
    Other
    $0 + $451,922 related
    Deferred
    $0 + $13,333 related
    Nontaxable benefits
    $0 + $11,741 related
    Filer's total
    $0 + $512,472 related

  • Lisa Althoff-Simmons

    INTERIM CEO

    Total calculated
    $318,967
    From this org
    $0
    From related orgs
    $280,418
    Other
    $38,549
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $224,418 related
    Bonus
    $0 + $56,000 related
    Other
    $0
    Deferred
    $0 + $8,776 related
    Nontaxable benefits
    $0 + $29,773 related
    Filer's total
    $0 + $318,967 related

  • Andrea Robinson

    EXC. DIRECTOR OF HCUCF

    Total calculated
    $169,651
    From this org
    $0
    From related orgs
    $145,554
    Other
    $24,097
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $136,547 related
    Bonus
    $0 + $9,007 related
    Other
    $0
    Deferred
    $0 + $11,993 related
    Nontaxable benefits
    $0 + $12,104 related
    Filer's total
    $0 + $169,651 related

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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINES 4A-B
THE ORGANIZATION ADOPTED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) ON MARCH 28, 2019 TO PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO TWO OF THE EXECUTIVES. BRAD DOUGLAS RECEIVED A SEVERANCE PAYMENT.

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SHARED FINANCIAL SOLUTIONS INC

    C · OPERATIONAL SUPPORT FOR CREDIT UNIONS · MO · 100% owned · share of income $5,847,104 · share of assets $10,474,411

    Directly controlled by HEARTLAND CREDIT UNION ASSOCIATION

  • CREDIT UNION POLITICAL ACTION COMMITTEE OF MISSOURI

    C · PROMOTE CREDIT UNION DEVELOPMENT AND SUPPORTS MISSOURI · MO

  • CREDIT UNION POLITICAL ACTION COMMITTEE OF KANSAS

    C · PROMOTE CREDIT UNION DEVELOPMENT AND SUPPORTS KANSAS · KS

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2022
Filed
22 September 2023
IRS schema version
2022v5.0
Source object
202342719349301769

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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