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Illinois · Nonprofit

METEC

METEC (Illinois) receives grants from 5 organizations whose IRS filings report $3,207,687 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,795,750). 2 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
5
Grants received
$3.2M
Net assets
$279k
2/5 repeat fundersgrants exceed reported revenue in one year
01What it does

What Metec does

Mission

Metec's mission is empowering individuals to improve their financial well-being through housing counseling, credit counseling, home ownership, and employment.

As stated on its FY2025 Form 990.

Program

  1. Metec assisted approx. 2,650 families and individuals with housing counseling services and employment programs and assisted 223 individuals with new home purchases. Approx. 42 individuals received emergency rental and mortgage services. Approx 59 individuals received services through the employment assistance program. Finally, approx 1,089 tax returns were prepared free of charge for families and individuals.

    $1,332,761 spent$1,458,102 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,332,761.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($281k) Expenses 100 ($259k) Net assets 100 ($147k)2018 Revenue 123 ($345k) Expenses 123 ($319k) Net assets 127 ($187k)2019 Revenue 91 ($255k) Expenses 108 ($278k) Net assets 121 ($178k)2020 Revenue 123 ($345k) Expenses 124 ($321k) Net assets 147 ($216k)2021 Revenue 102 ($288k) Expenses 119 ($309k) Net assets 138 ($202k)2022 Revenue 240 ($674k) Expenses 227 ($588k) Net assets 196 ($287k)2023 Revenue 328 ($921k) Expenses 303 ($783k) Net assets 290 ($426k)2024 Revenue 331 ($929k) Expenses 424 ($1.1M) Net assets 176 ($259k)2025 Revenue 519 ($1.5M) Expenses 544 ($1.4M) Net assets 190 ($279k)
'17'18'19'20'21'22'23'24'25
Revenue (519)Expenses (544)Net assets (190)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $900k to $478k (−47%).

$168k
$201k
$224k
$394k
$678k
$900k
$478k
$405k
$554k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 53% · 2020 9% · 2021 14% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of METEC’s revenue is contributions — more earned-revenue than three-quarters of its peers (90% for the typical peer).

This organization
Typical peer · 2,735 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$22k
’17
$26k
’18
−$24k
’19
$24k
’20
−$21k
’21
$86k
’22
$138k
’23
−$167k
’24
$51k
’25
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed129913991178
Joined·+3+0+5+0+2+5+1+1
No longer listed·60142350
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $40k → $642k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
$167k
funders
1
2
2
2
3
2
1
1
2

From the IRS filings of METEC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

METEC leans on a few funders — its largest provides 87% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund METEC.

87%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 55% · 2019 58% · 2020 58% · 2021 56% · 2022 92% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

METEC draws 94% of its grant income from funders outside Illinois, across 4 states in all.

IL
NY
PA
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

METEC has grown faster than half of the 1,211 religion nonprofits its size.

Operating margin4% · below the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)23% · above the median

this organization peer median middle 50% of peers· 1,211 religion nonprofits $1M–$10M, FY2025

Government funding METEC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.

Federal$3.6M
grants $3.6Mcontracts $0
22
24
25
26
Top agencies
  • Department of Housing and Urban Development$3.5M
  • Department of the Treasury$79k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like METEC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 1%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for METEC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds METEC?
METEC (Illinois) receives grants from 5 organizations whose IRS filings report $3,207,687 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,795,750). 2 of them have funded it in more than one year.
How many funders does METEC have?
IRS filings report 5 organizations giving $3,207,687 in grants to METEC, 2 of which have funded it in more than one year.
Who is the largest funder of METEC?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $2,795,750 in grants. The full list of funders is on this page.
How can an organization like METEC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Metec →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing