MCCORD HOUSE NFP

EIN: 912193489 501(c)(3) Arts, Culture & Humanities

PALOS PARK, IL

Total Revenue
$320,881
Total Expenses
$357,781
Total Assets
$1,283,108
Net Assets
$1,261,585
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
SHARON KUBASAK
Phone
7086710648
Tax Period
2024-05-01 to 2025-04-30

MCCORD HOUSE NFP, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $321K in total revenue in fiscal year 2024. Expenses of $358K exceeded revenue, resulting in a 11% operating deficit.

Mission

MC CORD HOUSE IS ORGANIZED EXCLUSIVELY FOR THE PRESERVATION AND MAINTENANCE OF THE 1834 MC CORD HOUSE AS A HISTORIC STRUCTURE AND TO HAVE IT SERVE AS A LEARNING CENTER FOR THE ARTS AND HISTORY WHILE SHOWCASING THE ARTISTIC WORKS OF COMMUNITY AND REGIONAL ARTISTS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $169,175
Program Service Revenue $151,580
Investment Income $1,830
Other Revenue $-1,704
TOTAL REVENUE $320,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,677
Fundraising Expenses $550
Program Expenses $279,415
Other Expenses $244,104
TOTAL EXPENSES $357,781

Year-over-Year Comparison

2024 2023 Change
Revenue $320,881 $299,984 +0.1%
Expenses $357,781 $328,873 +0.1%
Net Income $-36,900 $-28,889 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
5
Volunteers
77

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENT OLIVEN PRESIDENT 5.00
Officer Director
$0 $0 $0
SHARON KUBASAK TREASURER 2.00
Officer Director
$0 $0 $0
ARLENE ADAMS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
LOIS STANCIAK SECRETARY 2.00
Officer Director
$0 $0 $0
RONETTE MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
NANCY MITCHELL DIRECTOR 2.00
Director
$0 $0 $0
DANIEL MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
JOHN NUGENT DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA WEGLARZ DIRECTOR 2.00
Director
$0 $0 $0
RAMONA KURLAND DIRECTOR 2.00
Director
$0 $0 $0
BEN KUBICKI DIRECTOR 2.00
Director
$0 $0 $0
LINDA BUCHANAN DIRECTOR 2.00
Director
$0 $0 $0
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 $320,881 $357,781 $1,283,108 $-36,900
2024 $299,984 $328,873 $1,308,864 $-28,889
2023 $283,360 $320,606 $1,332,699 $-37,246
2022 $231,846 $317,946 $1,372,048 $-86,100
2021 $196,453 $254,103 $1,460,994 $-57,650
2020 $223,539 $306,535 $1,493,937 $-82,996
2019 $239,609 $289,660 $1,591,776 $-50,051
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MCCORD HOUSE NFP with other nonprofits in Illinois and across the country.