Friends of Mchenry County College logo

Friends of Mchenry County College

CRYSTAL LAKE, IL EIN: 23-7418071 Website

TOGETHER WITH OUR COMMUNITY WE BUILD FINANCIAL SUPPORT FOR STUDENT LEARNING AND SUCCESS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.8M

+20.5% YoY

Annual Giving

$6.3M

+748.2% YoY

Grant Count

11

+57.1% YoY

Avg Grant Size

$576K

+439.8% YoY

About Friends of Mchenry County College

Based on IRS filings

Friends of Mchenry County College is a nonprofit organization focused on Education, based in CRYSTAL LAKE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.8M in total assets. In 2024, it awarded 11 grants totaling $6.3M. Net investment income was $758K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AuroraChampaignChicagoCrystal LakeDekalbEdwardsvilleFort WorthIowa CityMobileNormalRockfordSewardSpringfieldTerre HauteWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$19,772,906$16,404,668$10,631,591
Revenue$4,639,353$6,410,523$911,060
Expenses$6,614,465$874,633$913,020
Qualifying Distributions
Net Investment Income$757,612$334,819$367,823
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M3 grants202010 grants202113 grants20227 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MCC CATI & UNIVERSITY CE…$5.6MMCC- SCHOLARSHIPS$575KMCC- PROGRAMS$49KNORTHERN ILLINOIS UNIVER…$28KMCC - STUDENT SUCCESS AW…$24KILLINOIS STATE UNIVERSITY$14KUNIVERSITY OF ILLINOIS C…$11KMCC - PASS THROUGH GRANT…$11KUNIVERSITY OF ILLINOIS C…$10KEVANGEL UNIVERSITY$6K

Grant Size Distribution

44 grants across all recorded years

30<$50K3$50–100K4$100–250K3$250–500K2$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN RANKINSPRESIDENT8
ROB GETTYTREASURER8
ANN SCHIRKSECRETARY8
JOHN SCHUETTEVICE PRESIDENT8
LAURIE RETZLAFFBOARD MEMBER4
COLE BREESEBOARD MEMBER4
ALEXA MALOUFBOARD MEMBER4
CHRISTOPHER MERRELLBOARD MEMBER4
ROB REVAKBOARD MEMBER4
COREY TAFOYABOARD MEMBER4
GLORIA VAN HOFBOARD MEMBER4
ERIN BOERMANBOARD MEMBER4
MARY CATHERINE SCHULTZBOARD MEMBER4
RICHARD PAYSONBOARD MEMBER4
LINNEA KOOISTRABOARD MEMBER4
CHARLOTTE DIOGUARDIBOARD MEMBER4
MAGDALENA RIVERABOARD MEMBER4
BRIAN DIBONAEXECUTIVE DIRECTOR40

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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