MCHENRY COUNTY ECONOMIC DEVELOPMENT CORPORATON Charity Report

Public IRS 990 nonprofit record

MCHENRY COUNTY ECONOMIC DEVELOPMENT CORPORATON

EIN 36-3849857 · Homeowners & Tenants Associations (L50)

What they do

to PROMOTE THE ECONOMIC HEALTH of McHENRY COUNTY, IL THROUGH RETENTION, EXPANSION and ATTRACTION of COMMERCE and INDUSTRY WHICH is CONDUCIVE to AN OPTIMAL QUALITY of LIFE for ITS CITIZEN

Before you give

Are they doing good?

Easy charity check

Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$76.18spent for every $100 of revenueRevenue covered expenses this year.

$6.10of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.

$0.39in assets for every $1 spent this yearSome assets cannot be spent right away.

56.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$388,469

Expenses$295,954

Annual surplus $92,515 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$18,146 · 6.1% of expenses

See all reported dollar amounts

Revenue$388,469

Expenses$295,954

Assets$115,296

Income$388,469

Contributions$220,925

Management and general$18,146

Accounting fees$1,275

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (11)

COLLEEN ROOSVICE CHAIRMAN

DR CLINTON GABBARDDIRECTOR

JENI HALLATTSECRETARY

JONATHAN KAMANDIRECTOR

KAREN HALSTEADDIRECTOR

KEVIN THURSTONDIRECTOR

MARK PIEKOSEXECUTIVE DIR.

RICHARD MACKDIRECTOR

SHARMELLA HARRISDIRECTOR

STEPHEN BALLOTCHAIRMAN

STEVE RANKINSTREASURER

About this charity

Recognized since: January 1993
Location: 8900 NW HWY 14 A229, CRYSTAL LAKE, IL 60012
County: McHenry
In care of: STEPHEN BALLOT
Primary officer: STEPHEN BALLOT, Chairman

How to reach them

WebsiteVisit the charity’s website Emailsitko@mcedc.com Phone(815) 893-0895

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GEORGE ROACH & ASSOC PC
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations