Heartland Credit Union
Inver Grove, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,315,333↑21% | $7,709,814↑32% | $189,890,064↑8% | — |
| 2022 | $6,871,106↓6% | $5,849,956↑16% | $175,100,407↑5% | — |
| 2021 | $7,283,732↑23% | $5,040,512↓14% | $167,172,062↑13% | — |
| 2020 | $5,898,437 | $5,878,185↑12% | $147,309,051↑21% | — |
| 2019 | $5,922,149↑7% | $5,229,899↑11% | $121,609,939↑4% | — |
| 2018 | $5,558,163↑14% | $4,707,827↑8% | $117,009,588↑2% | — |
| 2017 | $4,879,581↑1% | $4,365,289↑3% | $114,544,401↑7% | — |
| 2016 | $4,829,300↑1% | $4,258,358↑3% | $107,319,574↓1% | — |
| 2015 | $4,801,887 | $4,131,638↑3% | $108,097,614↑9% | — |
| 2014 | $4,818,906↑5% | $4,018,366↑1% | $99,454,648↑4% | — |
| 2013 | $4,582,333↓1% | $3,959,002↑4% | $95,961,405↑5% | — |
| 2012 | $4,639,970↑2% | $3,815,427↓8% | $91,001,549↑5% | — |
| 2011 | $4,530,809 | $4,127,584 | $86,371,378 | — |
Frequently Asked Questions
What does Heartland Credit Union do?▼
Heartland Credit Union is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heartland Credit Union financially healthy?▼
Based on our 9-metric Financial Health Score model, Heartland Credit Union has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Heartland Credit Union generate?▼
Heartland Credit Union reports $9.7M in annual revenue and holds $177.6M in total assets, based on IRS filings.
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