2023-09-28T20:11:37-05:00 2022-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-01-01 431896922 HEARTLAND CREDIT UNION CHARITABLE FOUNDATION INC HEAR 8004425762 6801 PARKWOOD BLVD 300 PLANO TX 75024 LISA ALTHOFF SIMMONS INTERIM CEO 9132972480 2023-09-22 1 LISA ALTHOFF SIMMONS 999009999 1 X VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X LISA ALTHOFF-SIMMONS 6800 COLLEGE BLVD SUITE 300 OVERLAND PARK KS 66211 448128 0 X CORNERSTONELEAGUE.COOP/FOUNDATION X 1980 MO TO PROMOTE CREDIT UNION DEVELOPMENT THROUGHOUT THE STATES OF MISSOURI AND KANSAS. X 12 12 0 12 0 0 108367 184381 0 0 2697 7245 172164 145539 283228 337165 166850 286850 0 0 0 0 0 0 0 25510 30858 192360 317708 90868 19457 807102 0 24822 0 782280 0 X THE HEARTLAND CREDIT UNION CHARITABLE FOUNDATION (HCUCF) INVESTS IN AND THROUGH CREDIT UNIONS TO ENHANCE THEIR ABILITY TO SERVE THEIR MEMBERS AND THEIR COMMUNITY. 0 1 286850 286850 HCUCF PROVIDES GRANTS, SCHOLARSHIPS AND SERVICES TO SUPPORT THE PROFESSIONAL DEVELOPMENT, CAPACITY BUILDING AND COMMUNITY DEVELOPMENT NEEDS OF CREDIT UNIONS IN MISSOURI AND KANSAS. 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. 286850 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X LAUREN LAY CONTROLLER AT PLEXCITY 9022126028 2100 E ROUTE 66 SUITE 101 GLENDORA CA 91740 MICHAEL DOUGHERTY CHAIR 2.00 X X 0 0 0 RICK NICHOLS VICE CHAIR 2.00 X X 0 0 0 JASON PEACH SECRETARY/TREASUER 2.00 X X 0 0 0 LINDA ALLEN DIRECTOR 1.00 X 0 0 0 DEONNE CHRISTENSEN DIRECTOR 1.00 X 0 0 0 EVAN WILSON DIRECTOR 1.00 X 0 0 0 BRENDA KLIEWER DIRECTOR 1.00 X 0 0 0 ASHLEY BAUTISTA DIRECTOR 1.00 X 0 0 0 JIM STRUBEL DIRECTOR 1.00 X 0 0 0 JEAN HUGHES DIRECTOR 1.00 X 0 0 0 DAN SPRINGER DIRECTOR 2.00 X 0 0 0 LORETTA RONEY DIRECTOR 2.00 X 0 0 0 BRAD DOUGLAS FORMER PRESIDENT & CEO 2.00 38.00 X 0 487398 25074 LISA ALTHOFF-SIMMONS INTERIM CEO 2.00 38.00 X 0 280418 38549 ANDREA ROBINSON EXC. DIRECTOR OF HCUCF 2.00 38.00 X 0 145554 24097 0 913370 87720 0 1 1 0 0 184381 184381 7245 7245 256502 110963 145539 145539 337165 0 0 152784 286850 286850 6500 6500 5130 5130 14078 14078 MISC EXPENSE 2935 2935 BOARD & COMMITTEES 2215 2215 317708 286850 30858 0 759108 0 0 0 47994 0 0 0 0 0 0 0 0 0 0 0 0 807102 0 1222 0 23600 0 24822 0 X 613434 0 168846 0 782280 0 807102 0 X 19457 -24495 -777242 X X 0 1 X 1 0 X 101834 133368 249101 108368 184380 777051 101834 133368 249101 108368 184380 777051 0 0 0 777051 2736 5188 6236 2697 7245 24102 2736 5188 6236 2697 7245 24102 65219 145965 57421 172163 145539 586307 169789 284521 312758 283228 337164 1387460 0.56010 0.62890 0.01740 0.01270 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2018 AMOUNT: $ 65,219. 2019 AMOUNT: $ 145,965. 2020 AMOUNT: $ 57,421. 2021 AMOUNT: $ 172,163. 2022 AMOUNT: $ 145,539. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 440065 102900 102900 337165 0 337165 445103 127395 127395 317708 0 317708 FOUNDATION BASH 82524 82524 34210 GOLF TOURNAMENT 173944 173944 76752 34 34 1 256502 256502 110963 110963 145539 1 MULTIPLI CREDIT UNION 818 N BENTON AVE SPRINGFIELD MO 65802 440443995 501(C)(14) 10000 0 FMV FINANCIAL WELLNESS GRANT NEIGHBORS CREDIT UNION 6300 S LINDBERGH BLVD ST LOUIS MO 63123 430496315 501(C)(14) 9500 0 FMV DISASTER RELIEF GRANT SKYWARD CREDIT UNION FOUR CESSNA BLVD WICHITA KS 67215 486107341 501(C)(14) 6000 0 FMV COMMUNITY DEVELOPMENT GRANT TOGETHER CREDIT UNION PO BOX 27057 ST LOUIS MO 63118 430160998 501(C)(1) 6650 0 FMV COMMUNITY DEVELOPMENT GRANT ARSENAL CREDIT UNION 3780 VOGEL ROAD ARNOLD MO 63010 430663009 501(C)(14) 10000 0 FMV COMMUNITY DEVELOPMENT GRANT CREDIT UNION OF AMERICA PO BOX 47528 WICHITA KS 67209 480477295 501(C)(14) 10000 0 FMV COMMUNITY DEVELOPMENT GRANT ELECTRO SAVINGS CREDIT UNION 1850 CRAIGSHIRE ROAD NO 203 ST LOUIS MO 63146 430605018 501(C)(14) 8000 0 FMV DISASTER RELIEF GRANT CIVIC CENTRAL CREDIT UNION 400 EAST MILLER STREET JEFFERSON CITY JEFFERSON CITY MO 65101 440524890 501(C)(14) 8399 0 FMV COMMUNITY DEVELOPMENT GRANT KANSAS CITY CREDIT UNION 5110 ARARAT DRIVE KANSAS CITY MO 64129 440502044 501(C)(14) 10729 0 FMV COMMUNITY & PROFESSIONAL DEVELOPMENT GRANT; DISASTER RELIEF GRANT VOLT CREDIT UNION PO BOX 1217 SPRINGFIELD MO 65801 440444090 501(C)(14) 5395 0 FMV FINANCIAL WELLNESS GRANT WEST COMMUNITY CREDIT UNION 4161 HOGHWAY K OFALLON MO 63368 430603999 501(C)(14) 17000 0 FMV COMMUNITY DEVELOPMENT GRANT; AND DISASTER RELIEF GRANT 0 11 PART I, LINE 2: ALL GRANT REQUESTS ARE REVIEWED AND EVALUATED AGAINST POLICIES TO ENSURE EQUITABLE TREATMENT. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT A PROPOSAL WITH STATED NEED, GOALS, TIMELINE, AND OUTCOMES MEASUREMENTS. AN IMPACT COMMITTEE COMPRISED OF HCUCF BOARD MEMBERS AND INDUSTRY VOLUNTEERS REVIEW PROPOSALS AND MAKE FUNDING RECOMMENDATIONS WHICH ARE SUBMITTED FOR APPROVAL TO THE HCUCF BOARD OF DIRECTORS. THOSE RECEIVING GRANTS ARE REQUIRED TO SUBMIT WRITTEN REPORTS WITHIN 12 MONTHS DOCUMENTING HOW THE FUNDS AWARDED WERE USED AND THE MEASUREMENT OF THEIR INTENDED RESULTS. ALL SUPPORTING DOCUMENTATION IS RETAINED AS REQUIRED BY POLICY. HCUCF EXECUTIVE DIRECTOR REVIEWS THOSE REPORTS FOR ACCURACY, CONSISTENCY WITH STATED GOALS, OVERALL RESULTS AND FINANCIAL ACCOUNTABILITY. 1 1 0 0 0 0 0 0 0 BRAD DOUGLAS FORMER PRESIDENT & CEO 0 0 0 35476 0 451922 0 13333 0 11741 0 512472 0 0 LISA ALTHOFF-SIMMONS INTERIM CEO 0 224418 0 56000 0 0 0 8776 0 29773 0 318967 0 0 ANDREA ROBINSON EXC. DIRECTOR OF HCUCF 0 136547 0 9007 0 0 0 11993 0 12104 0 169651 0 0 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. CASH-NON INTEREST BEARING 2023-01-01 299885 FAIR MARKET VALUE 756039968 CORNERSTONE CREDIT UNION FOUNDATION 6801 PARKWOOD BLVD STE 300 PLANO TX 75024 501(C)(3) RECEIVABLES 2023-01-01 38726 FAIR MARKET VALUE 756039968 CORNERSTONE CREDIT UNION FOUNDATION 6801 PARKWOOD BLVD STE 300 PLANO TX 75024 501(C)(3) INVESTMENTS 2023-01-01 500000 FAIR MARKET VALUE 756039968 CORNERSTONE CREDIT UNION FOUNDATION 6801 PARKWOOD BLVD STE 300 PLANO TX 75024 501(C)(3) PREPAID EXPENSE 2023-01-01 4000 FMV 756039968 CORNERSTONE CREDIT UNION FOUNDATION 6801 PARKWOOD BLVD STE 300 PLANO TX 75024 501(C)(3) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: BOARD MEMBERS:LINDA ALLEN, MICHAEL DOUGHERTY, EVAN WILSON AND ASHLEY BAUTISTA PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THE BOARD MEMBERS LISTED ABOVE ALL BECAME BOARD MEMBERS OF CORNERSTONE CREDIT UNION FOUNDATION. FORM 990, PART III, LINE 3 EFFECTIVE JANUARY 1, 2023, HEARTLAND CREDIT UNION FOUNDATION CEASED OPERATIONS AND MERGED WITH CORNERSTONE CREDIT UNION FOUNDATION. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION IS MANAGED BY HEARTLAND CREDIT UNION ASSOCIATION(HCUA). HCUA PROVIDES MANAGEMENT SERVICES, ADMINISTRATIVE AND OPERATING EMPLOYEES, AND CERTAIN OTHER ADMINISTRATIVE AND OPERATING SERVICES TO THE FOUNDATION. NO ADMINISTRATIVE OR MANAGEMENT FEE WAS CHARGED FOR FY 2023. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 1, 2023, HEARTLAND CREDIT UNION CHARITABLE FOUNDATION MERGED WITH CORNERSTONE CREDIT UNION FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS RECEIVED FROM THE CPA FIRM, THE OUTSOURCED ACCOUNTANTS REVIEW THE REPORT AND FORWARD TO THE EXECUTIVE DIRECTOR/MANAGEMENT LIAISON WHO DISTRIBUTES THE REPORT TO THE FOUNDATION BOARD. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORM IS SIGNED BY EACH BOARD MEMBER ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED DUE TO MERGER -777,242. FORM 990, PART III, LINE 2C RFP PROCESS TO CHOOSE A NEW FIRM EVERY 3 TO 5 YEARS. COMPTROLLER SENDS FINANCIAL REPORTS TO MANAGEMENT LIAISON TO REVIEW WITH THE FOUNDATION BOARD AT LEAST QUARTERLY. AUDIT IS REVIEWED WITH THE FOUNDATION BOARD AT THE NEXT MEETING SUBSEQUENT TO RECEIPT OF THE FINISHED AUDIT REPORT. THERE WAS NO CHANGE IN THE SELECTION OR OVERSIGHT PROCESS DURING THE YEAR. HEARTLAND CREDIT UNION ASSOCIATION 2043 WOODLAND PARKWAY SUITE 200 ST LOUIS MO 63146 474430428 SUPPORT FOR MEMBER CREDIT UNIONS MO 501(C)(6) 0 SHARED FINANCIAL SOLUTIONS INC 6800 COLLEGE BLVD SUITE 300 OVERLAND PARK KS 66211 475418967 OPERATIONAL SUPPORT FOR CREDIT UNIONS MO HEARTLAND CREDIT UNION ASSOCIATION C 5847104 10474411 1.00000 0 CREDIT UNION POLITICAL ACTION COMMITTEE OF MISSOURI 2043 WOODLAND PARKWAY SUITE 200 ST LOUIS MO 63146 431310669 PROMOTE CREDIT UNION DEVELOPMENT AND SUPPORTS MISSOURI MO N/A C 0 CREDIT UNION POLITICAL ACTION COMMITTEE OF KANSAS 2043 WOODLAND PARKWAY SUITE 200 ST LOUIS MO 63146 480949548 PROMOTE CREDIT UNION DEVELOPMENT AND SUPPORTS KANSAS KS N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 HEARTLAND CREDIT UNION ASSOCIATION O 102900 ALLOCATED VALUE OF DONATED TIME HEARTLAND CREDIT UNION ASSOCIATION M COST HEARTLAND CREDIT UNION ASSOCIATION N COST