CSCharityScored
27

Mchenry County Economic Development Corporation

Other · Crystal Lake, Illinois

8900 Us Highway 14, Crystal Lake, IL 60012-2738

EIN: 363849857· Founded: Mar 1993· 33 years active· Filing Year: 2023

Annual Revenue

$350K

Total Expenses

$384K

Total Assets

$22K

Program Spending

24%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$109K

28.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$161K

Total Payroll

$270K

70% of total expenses

Where the Money Goes

24%
Programs: 24%
Payroll: 70%
Other overhead: 76%
Program Revenue$91K (26%)
Total Expenses$384K (100%)
Payroll$270K (70%)
Overhead (non-program)76%

Trust Score Breakdown

Program Spending Ratio

24% of expenses go to programs

40%

Revenue & Stability

$350K annual revenue

15%

Executive Compensation

$109K total officer comp (28.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$22K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.