Metec

Organization Overview

Metec is located in Peoria, IL. The organization was established in 2002. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Metec employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metec is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Metec generated $287.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $309.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

METEC'S MISSION IS EMPOWERING INDIVIDUALS TO IMPROVE THEIR FINANCIAL WELL-BEING THROUGH HOUSING COUNSELING, CREDIT COUNSELING, HOME OWNERSHIP, AND EMPLOYMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

METEC ASSISTED APPROX. 620 FAMILIES AND INDIVIDUALS WITH HOUSING COUNSELING SERVICES AND EMPLOYMENT PROGRAMS AND ASSISTED 130 INDIVIDUALS WITH NEW HOME PURCHASES. APPROX. 900 INDIVIDUALS RECEIVED EMERGENCY RENTAL AND MORTGAGE SERVCIES. APPROX 115 INDIVIDUALS RECEIVED SERVICES THROUGH THE EMPLOYMENT ASSISTANCE PROGRAM. FINALLY, APPROX 750 TAX RETURNS WERE PREPARED FREE OF CHARGE FOR FAMILIES AND INDIVIDUALS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $39,984
All other contributions, gifts, grants, and similar amounts not included above$7,836
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$47,820
Total Program Service Revenue$239,993
Investment income $10
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $287,823

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Metec has recieved totaling $5,328.

Awarding OrganizationAmount
Housing Action Illinois

Chicago, IL

PURPOSE: Pass through grant for HUD Comprehensive Housing Counseling Program.

$5,328
View Grant Recipient Profile

Create an account to unlock the data you need.

or