Heartland Community College
1500 West Raab Road
Normal, Illinois 61761-9446
Phone: 309-268-8000
Heartland Community College
1500 West Raab Road
Normal, Illinois 61761-9446
Phone: 309-268-8000
FACTS AND FIGURES
2022-2024 marked the highest number of Career and Technical Education (CTE) completers in College history.
Minority completions
increased
52%
from FY22
to FY24.
Top Transfer Destination
90% of traditional
college-age students
(under 25) in long-term certificate programs or
AAS programs are
employed in career jobs within 6 months of completing their program.
(IL Community College Board)
The number of students *including Associate in Applied Science (AAS) receiving certificates is up 72% from 2019-2020.
52 Customized Training Agreements
with local businesses
and organizations.
Students in professional development programs in FY24
Professional Development with Continuing Education
Careers and Certificates
Opportunities for Kids
Last year, Challenger Learning Center hosted over 2,750 STEM education missions for 40+ elementary and middle school partners.
1,100+ K-12 students attended Kids@Heartland programs in FY24.
Health Sciences
HEARTLAND
FACTS, FIGURES, AND FINANCIALS
The 3 largest
Nursing graduating classes in College history
(2022-2024)
Employment Placement (2023 graduates)
Radiography • Physical Therapy Assistant
NET POSITION |
College | Percentage | Foundation |
|---|---|---|---|
| Invested in capital assets, net of debt | $65,948,544 | 73% | |
| Unrestricted | $3,392,762 | 4% | $3,079,364 |
| Restricted | $20,653,897 | 23% | $14,277,374 |
| TOTAL NET POSITION | $89,995,203 | 100% | $17,356,738 |
REVENUES |
College | Foundation | |
|---|---|---|---|
| Tuition & Fees | $14,368,179 | ||
| Auxiliary | $563,225 | ||
| State Grants | $14,943,320 | ||
| Federal Grants | $8,784,118 | ||
| Nongovernmental Grants | $1,200,837 | ||
| Property Taxes | $31,862,305 | ||
| Investment Income | $3,495,502 | $1,270,503 | |
| Contributions by State | $5,839,331 | ||
| Other Support | $3,111,330 | $364,067 | |
| Annual Campaign/Gifts | $1,462,505 | ||
| Fundraising | $238,076 |
| TOTAL REVENUES | $84,168,147 | $3,335,151 |
EXPENSES |
College | Foundation | |
|---|---|---|---|
| Instruction | $20,610,644 | ||
| Academic Support | $3,100,397 | ||
| Student Services | $3,907,349 | ||
| Public Services | $3,854,924 | ||
| Institutional Support | $15,615,381 | $503,592 | |
| Operations & Maintenance | $1,847,130 | ||
| Auxiliary Enterprises | $3,830,257 | ||
| Research | $123,632 | ||
| Depreciation | $6,162,133 | ||
| Scholarships, Student Grants, & Waivers | $10,180,640 | ||
| Interest, Service Charges, & Issuance Costs | $2,446,959 | ||
| General Administrative | $1,893,008 | ||
| Fundraising | $107,726 |
| TOTAL EXPENSES | $71,679,446 | $2,504,326 |
| CHANGE IN NET POSITIONS | $12,488,701 | $830,825 |
COLLEGE
FOUNDATION
Heartland Community College saw an increase in net position of 14.91% from FY23 to FY24.
FY 2024 FINANCIAL REPORT
As of and for the Fiscal Year Ended June 30, 2024
Student Completions
FY22-24
FY 2024 Financial Report
NET POSITION |
College | Percentage | Foundation |
|---|---|---|---|
| Invested in capital assets, net of debt | $65,948,544 | 73% | |
| Unrestricted | $3,392,762 | 4% | $3,079,364 |
| Restricted | $20,653,897 | 23% | $14,277,374 |
| Total Net Position | $89,995,203 | 100% | $17,356,738 |
REVENUES |
College | Foundation |
|---|---|---|
| Tuition & Fees | $14,368,179 | |
| Auxiliary | $563,225 | |
| State Grants | $14,943,320 | |
| Federal Grants | $8,784,118 | |
| Nongovernmental Grants | $1,200,837 | |
| Property Taxes | $31,862,305 | |
| Investment Income | $3,495,502 | $1,270,503 |
| Contributions by State | $5,839,331 | |
| Other Support | $3,111,330 | $364,067 |
| Annual Campaign/Gifts | $1,462,505 | |
| Fundraising | $238,076 | |
| Total Revenues | $84,168,147 | $3,335,151 |
EXPENSES |
College | Foundation |
|---|---|---|
| Instruction | $20,610,644 | |
| Academic Support | $3,100,397 | |
| Student Services | $3,907,349 | |
| Public Services | $3,854,924 | |
| Institutional Support | $15,615,381 | $503,592 |
| Operations & Maintenance | $1,847,130 | |
| Auxiliary Enterprises | $3,830,257 | |
| Research | $123,632 | |
| Depreciation | $6,162,133 | |
| Scholarships, Student Grants, & Waivers | $10,180,640 | |
| Interest, Service Charges, & Issuance Costs | $2,446,959 | |
| General Administrative | $1,893,008 | |
| Fundraising | $107,726 | |
| Total Expenses | $71,679,446 | $2,504,326 |
| Change in Net Positions | $12,488,701 | $830,825 |
Student Completions
FY22-24
2022-2024 marked the highest number of Career and Technical Education (CTE) completers in College history.
Minority completions increased 52% from FY22 to FY24.
Top Transfer Destination
52 Customized Training Agreements
with local businesses
and organizations.
Students in professional development programs in FY24
Professional Development with Continuing Education
90% of traditional
college-age students
(under 25) in long-term certificate programs or
AAS programs are
employed in career jobs within 6 months of completing their program.
(IL Community College Board)
The number of students *including Associate in Applied Science (AAS) receiving certificates is up 72% from 2019-2020.
Careers
and Certificates
Opportunities for Kids
Last year, Challenger Learning Center hosted over 2,750 STEM education missions for 40+ elementary and middle school partners.
1,100+ K-12 students attended Kids@Heartland programs in FY24.
Health Sciences
The 3 largest Nursing graduating classes
in College history
(2022-2024)
Employment Placement (2023 graduates)
Radiography • Physical Therapy Assistant
FY 2024 FINANCIAL REPORT
TOTAL NET POSITION
COLLEGE
FOUNDATION
Heartland
Community College saw an increase
in net position
of 14.9% from
FY23 to FY24.
FY 2024 FINANCIAL REPORT
As of and for the Fiscal Year Ended June 30, 2024
TOTAL NET POSITION
NET POSITION |
College | Percentage | Foundation |
|---|---|---|---|
| Invested in capital assets, net of debt | $69,211,162 | 77% | |
| Unrestricted | $130,194 | 0% | $3,079,364 |
| Restricted | $20,653,897 | 23% | $14,277,374 |
| TOTAL NET POSITION | $89,995,253 | 100% | $17,356,738 |
REVENUES |
College | Foundation |
|---|---|---|
| Tuition & Fees | $14,368,179 | |
| Auxiliary | $563,225 | |
| State Grants | $14,352,621 | |
| Federal Grants | $9,380,177 | |
| Nongovernmental Grants | $1,195,477 | |
| Property Taxes | $31,862,305 | |
| Investment Income | $3,495,502 | $1,270,503 |
| Contributions by State | $5,839,331 | |
| Other Support | $3,111,330 | $364,067 |
| Annual Campaign/Gifts | $1,462,505 | |
| Fundraising | $238,076 |
| TOTAL REVENUES | $84,168,147 | $3,335,151 |
EXPENSES |
College | Foundation |
|---|---|---|
| Instruction | $16,508,221 | |
| Academic Support | $3,100,393 | |
| Student Services | $3,907,344 | |
| Public Services | $3,854,920 | |
| Institutional Support | $15,987,609 | $503,592 |
| Operations & Maintenance | $5,577,291 | |
| Auxiliary Enterprises | $3,830,254 | |
| Research | $123,632 | |
| Depreciation | $6,162,133 | |
| Scholarships, Student Grants, & Waivers | $10,180,640 | |
| Interest, Service Charges, & Issuance Costs | $2,446,959 | |
| General Administrative | $1,893,008 | |
| Fundraising | $107,726 |
| TOTAL EXPENSES | $71,679,396 | $2,504,326 |
| CHANGE IN NET POSITIONS | $12,488,751 | $830,825 |
* The Heartland Community College Foundation is included and presented as a component unit as required by Governmental Accounting Standards Board No. 61.
* The Heartland Community College Foundation is included and presented as a component unit as required by Governmental Accounting Standards Board No. 61.