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Metec

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371410246 ✦ Peoria, IL ✦ Designated as a 501(c)(3)

Overview

What is Metec?

Metec is a nonprofit organization situated at 2605 W Krause St, Peoria, Illinois. Their primary mission is to empower individuals to enhance their financial well-being. They achieve this through various means, including housing counseling, credit counseling, home ownership, and employment assistance programs. Metec's initiatives have been instrumental in supporting approximately 790 families and individuals, helping 160 individuals purchase new homes, and providing emergency rental and mortgage services to around 750 individuals. Moreover, their employment assistance program has served about 90 individuals. Metec's services extend to preparing over 895 tax returns free of charge for families and individuals in need. With a team of 14 dedicated employees, Metec continues its commitment to improving financial stability and independence for its community.


Official website here: www.metechrc.org

Is Metec legitimate?

Metec is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metec submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $77,611
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,015

For more financial information, click here


Official website here: www.metechrc.org

What is the mission statement of Metec?

Metec's mission is centered around empowering individuals to enhance their financial well-being. This is achieved through various means, including housing counseling, credit counseling, facilitating home ownership, and employment assistance programs. The organization aims to make a positive impact on the financial lives of individuals, helping them navigate various financial challenges. In 20XX, Metec provided housing counseling services and employment programs to approximately 790 families and individuals, assisted 160 individuals with new home purchases, offered emergency rental and mortgage services to 750 individuals, and provided services through the employment assistance program to around 90 individuals. Additionally, Metec prepared approximately 895 tax returns free of charge for families and individuals.


Official website here: www.metechrc.org

Who is the CEO of Metec?

Leslie Vallar is the President of Metec.


Official website here: www.metechrc.org

What is the revenue of Metec?

Metec's revenue in 2022 was $673,976.


Official website here: www.metechrc.org

Who are the executives of Metec and what are their salaries?

The average compensation at Metec during 2022 was $17,616. There are 14 employees and 26 volunteers at Metec.

Here are 9 key members and their salaries:

    Julie Hudelson-Schmidgall (Executive Dir.)
  • Compensation: $57,491
  • Related: $0
  • Other: $0

    • Maria Warner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teri Shepherd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristie Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Ngui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vashti Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Kaiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Vallar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.metechrc.org

    Where can I find the form 990 for Metec?

    The Metec’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.metechrc.org

    Learn more at the official website: www.metechrc.org

    Mission Statement of Metec

    Metec, an organization dedicated to empowerment, aims to enhance the financial well-being of individuals. Through its housing counseling, credit counseling, home ownership, and employment programs, Metec seeks to make a significant impact. The nonprofit's mission is centered around assisting families and individuals in improving their financial standing, providing them with the necessary tools and resources to achieve stability and prosperity.

    By offering housing counseling services, Metec helps individuals navigate the often complex world of home ownership. This includes providing guidance on mortgage options, budgeting, and other aspects of homeownership. Additionally, the organization provides credit counseling to help individuals improve their credit scores and manage their debt effectively.

    Metec's employment programs are another key component of its mission. By assisting individuals with job placement and career development, the organization helps individuals improve their earning potential and achieve financial independence. Metec's employment assistance program has been instrumental in this regard, providing support to over 90 individuals in finding new job opportunities.

    Furthermore, Metec offers emergency rental and mortgage services to individuals in need. This critical service helps prevent homelessness and provides a safety net for those facing financial hardship. In addition, the organization has prepared over 895 tax returns free of charge for families and individuals, helping them maximize their tax refunds and improve their financial situations.

    In summary, Metec is a mission-driven organization that empowers individuals to improve their financial well-being. Through its comprehensive range of services, Metec provides housing counseling, credit counseling, home ownership, and employment assistance to families and individuals in need. By doing so, Metec plays a crucial role in helping individuals achieve financial stability and independence.

    Impact

    This information is meant to be a general summary of Metec. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Metec's impact can be seen through its efforts in empowering individuals to improve their financial well-being. The organization has assisted approximately 790 families and individuals with housing counseling services and employment programs. Additionally, they have helped 160 individuals with new home purchases and provided emergency rental and mortgage services to around 750 individuals. Metec has also supported approximately 90 individuals through their employment assistance program. Moreover, the organization has prepared approximately 895 tax returns free of charge for families and individuals. These collective efforts have made a significant difference in the lives of many in the Peoria, IL community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24
  • Program Service Revenue: $656,784
  • Gross Receipts: $673,976

    • Assets and Liabilities:
  • Total Assets: $900,430
  • Total Liabilities: $613,016
  • Net Assets: $287,414
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GOV'T CONTRACTS/GRANTS

    Revenue

    $633,798

    PROGRAM SERVICE FEES

    Revenue

    $22,986

    Organization Details

    Founding Year

    2001

    Principal Officer

    Leslie Vallar

    Main Address

    2605 W KRAUSE ST, PEORIA, IL, 61605

    NTEE Category

    Code: X99 - Religion related

    If you are a representative of Metec and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.