MCHENRY COUNTY FEDERATION OF TEACH… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

MARIA SANDALL

Phone

8153341642

Tax Period

2024-07-01 to 2025-06-30

MCHENRY COUNTY FEDERATION OF TEACHERS LOCAL 1642 is a small nonprofit that reported $562K in total revenue in fiscal year 2024. Expenses of $520K left a modest 7% surplus.

Mission

TO REPRESENT AND EDUCATE THE TEACHERS AND SCHOOL EMPLOYEES OF SCHOOL DISTRICT 200, AND THE STATE SUPPORT STAFF OF MCHENRY COUNTY COLLEGE IN ILLINOIS

Program Service Accomplishments

Program 1

TO NEGOTIATE AND ADMINISTER THE COLLECTIVE BARGAINING AGREEMENT, HANDLE MEMBER GRIEVANCES AND PERFORM ITS DUTIES AS THE EXCLUSIVE REPRESTATIVE IN DEALING WITH THE EMPLOYER IN LABOR MANAGEMENT DUTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $558,996

Investment Income $2,525

Other Revenue $0

TOTAL REVENUE $561,521

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $18,097

Fundraising Expenses $0

Other Expenses $499,297

TOTAL EXPENSES $519,894

Year-over-Year Comparison

	2024	2023	Change
Revenue	$561,521	$540,494	+0.0%
Expenses	$519,894	$623,834	-0.2%
Net Income	$41,627	$-83,340	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$8,397

Total Directors

$17,399

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLINA GIRALDO	PRESIDENT	5.00	Officer Director	$3,362	$0	$3,362
YAMILEX SALINAS	VICE PRESIDE	5.00	Officer Director	$1,571	$0	$1,571
ALISON DOYLE	COMM SECRETA	5.00	Officer Director	$1,571	$0	$1,571
ERIC SCHLEUTERMANN	TREASURER	5.00	Officer Director	$1,893	$0	$1,893
MARIA SANDALL	SECRETARY	5.00	Director	$1,571	$0	$1,571
TRACY CUBERT	DIRECTOR	5.00	Director	$571	$0	$571
ED CORNETT	DIRRECTOR	5.00	Director	$571	$0	$571
CAROL CERNEY	DIRECTOR	5.00	Director	$286	$0	$286
SCOTT WIZNIAK	DIRECTOR	5.00	Director	$286	$0	$286
DEBORAH DECHANT	DIRECTOR	5.00	Director	$286	$0	$286
JOANN COUGHLAN	DIRECTOR	5.00	Director	$286	$0	$286
JOE MEIJER	DIRECTOR	5.00	Director	$286	$0	$286
LISA VANCE	DIRECTOR	5.00	Director	$286	$0	$286
PAIGE KOHLEY	DIRECTOR	5.00	Director	$286	$0	$286
TODD CLEMENT	DIRECTOR	5.00	Director	$286	$0	$286
KATHERINE LOSER	DIRECTOR	5.00	Director	$286	$0	$286
SARAH JANECZEKO	DIRECTOR	5.00	Director	$286	$0	$286
JAKE FRITZ	DIRECTOR	5.00	Director	$571	$0	$571
JULIA BECK	DIRECTOR	5.00	Director	$571	$0	$571
CARLINE MICK	DIRECTOR	5.00	Director	$286	$0	$286
BECKY GOERS-HEIDER	DIRECTOR	5.00	Director	$286	$0	$286
DAVE BEHRENS	DIRECTOR	5.00	Director	$571	$0	$571
PEYTON SPANBAUER	DIRECTOR	5.00	Director	$286	$0	$286
ASHLEY LYND	DIRECTOR	5.00	Director	$286	$0	$286
ALEX BENN	DIRECTOR	5.00	Director	$286	$0	$286
LAURA LAUNGERHAUSEN	DIRECTOR	5.00	Director	$286	$0	$286

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$561,521	$519,894	$203,455	$41,627
2024	$540,494	$623,834	$161,828	$-83,340
2023	$519,126	$481,497	$245,168	$37,629
2022	$532,352	$526,525	$207,539	$5,827
2021	$527,238	$529,093	$201,712	$-1,855
2020	$561,388	$542,386	$203,567	$19,002
2019	$567,812	$559,687	$184,565	$8,125

MCHENRY COUNTY FEDERATION OF TEACHERS LOCAL 1642