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 12/2023, Metec employed 15 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 12/2023, Metec generated $921.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $783.1k during the year ending 12/2023. While expenses have increased by 10.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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. 2000 FAMILIES AND INDIVIDUALS WITH HOUSING COUNSELING SERVICES AND EMPLOYMENT PROGRAMS AND ASSISTED 189 INDIVIDUALS WITH NEW HOME PURCHASES. APPROX. 800 INDIVIDUALS RECEIVED EMERGENCY RENTAL AND MORTGAGE SERVCIES. APPROX 40 INDIVIDUALS RECEIVED SERVICES THROUGH THE EMPLOYMENT ASSISTANCE PROGRAM. FINALLY, APPROX 900 TAX RETURNS WERE PREPARED FREE OF CHARGE FOR FAMILIES AND INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Hudelson-Schmidgall
Executive Dir.
$61,040
Maria Warner
Director
$0
Teri Shepherd
Director
$0
Kristie Adams
Director
$0
Vashti Schwarz
Director
$0
Latoya Brown
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,491
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,491
Total Program Service Revenue$919,559
Investment income $236
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 $921,286

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