Mission
TO IMPROVE MEMBERS' LIVES.
Executive compensation, broken down
Form 990 · Schedule J · 12 reported individuals · Filing year 2024
President/ceo
$439k
$473k
- Base
- $337k
- Bonus
- $39k
- Other
- $8k
- Benefits
- $24k
Chief Administrative Officer
key employee
$242k
$260k
- Base
- $185k
- Bonus
- $19k
- Other
- $2k
- Benefits
- $13k
Certified Financial Planner
highest compensated employee
$235k
$253k
- Base
- $212k
- Bonus
- —
- Other
- —
- Benefits
- $6k
Chief Lending Officer
key employee
$208k
$223k
- Base
- $145k
- Bonus
- $19k
- Other
- $387
- Benefits
- $11k
Mortgage Loan Officer
highest compensated employee
$199k
$214k
- Base
- $138k
- Bonus
- $42k
- Other
- $4k
- Benefits
- $1k
Chief Financial Officer
$184k
$198k
- Base
- $145k
- Bonus
- $10k
- Other
- $294
- Benefits
- $10k
VP of Information Systems
vice president
$171k
$184k
- Base
- $129k
- Bonus
- $13k
- Other
- $764
- Benefits
- $10k
VP of Mortgage Lending
vice president
$159k
$171k
- Base
- $117k
- Bonus
- $11k
- Other
- $1k
- Benefits
- $10k
Chief Financial Officer
$158k
$170k
- Base
- $101k
- Bonus
- $25k
- Other
- $11k
- Benefits
- $12k
Chief Operating Officer
$133k
$143k
- Base
- $108k
- Bonus
- —
- Other
- —
- Benefits
- $22k
Chairperson
board chair
$2k
$2k
Board Member
board member
$2k
$2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $337k | $39k | $8k | $24k | $439k $473k |
Chief Administrative Officer key employee | $185k | $19k | $2k | $13k | $242k $260k |
Certified Financial Planner highest compensated employee | $212k | — | — | $6k | $235k $253k |
Chief Lending Officer key employee | $145k | $19k | $387 | $11k | $208k $223k |
Mortgage Loan Officer highest compensated employee | $138k | $42k | $4k | $1k | $199k $214k |
Chief Financial Officer | $145k | $10k | $294 | $10k | $184k $198k |
VP of Information Systems vice president | $129k | $13k | $764 | $10k | $171k $184k |
VP of Mortgage Lending vice president | $117k | $11k | $1k | $10k | $159k $171k |
Chief Financial Officer | $101k | $25k | $11k | $12k | $158k $170k |
Chief Operating Officer | $108k | — | — | $22k | $133k $143k |
Chairperson board chair | — | — | — | — | $2k $2k |
Board Member board member | — | — | — | — | $2k $2k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Up 3%
from 2023
From $427k in 2023 to $439k in 2024.
$427k
2023
$439k
2024
$427k
2023
$439k
2024
In today's dollarsEst.
Roughly flat in real terms$471k to $473k
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
Heartland Credit Union reported revenue and expenses across 2 filing years.
RevenueExpenses
$23.5M
$16.6M
2023
$29.7M
$21.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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