Joint-County Opportunity Benefit Support Fund
- Assets
- $935.8k
- Revenue
- $435.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-3476160
Organization Overview
Joint-County Opportunity Benefit Support Fund is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joint-County Opportunity Benefit Support Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Joint-County Opportunity Benefit Support Fund generated $435.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $352.3k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Joint-County Opportunity Benefit Support Fund has awarded 16 individual grants totaling $1,556,683. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE JOBS FUND IS THE 501C3 ENTITY CREATED AND SPONSORED BY CHICAGO-BASED COMMUNITY DEVELOPMENT ENTERPRISE, SCORE. TO DATE SCORE HAS ISSUED $40MM IN NEW MARKETS TAX CREDITS TO QUALIFYING PROJECTS LOCATED IN ILLINOIS AND INDIANA. THE JOBS FUND GRANTS FUNDING FOR ELIGIBLE PROGRAMS THAT OFFER JOB TRAINING, EDUCATIONAL PROGRAMMING AND OTHER COMMUNITY BENEFITS PROGRAMS DESIGNED TO SERVE THE COMMUNITIES THAT SCORE ALREADY SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOBS PROVIDED FUNDING TO A JOB READINESS AND BUSINESS PARTNERSHIP WORKFORCE DEVELOPMENT PROGRAM IN THE NORTH LAWNDALE COMMUNITY OF CHICAGO, IL. THE PROGRAM SERVES 150 YOUNG MEN AND WOMEN FROM LOW-INCOME, UNDER SOURCED COMMUNITIES. THE INDIVIDUALS WILL BE BETWEEN THE AGES OF 18 AND 24 AND ARE OUT OF SCHOOL AND OUT OF WORK. THE PROGRAM WILL CONNECT THE INDIVIDUALS TO PROSPECTIVE EMPLOYERS BY MATCHING THEIR SKILLS, EDUCATION AND WORK HISTORY. THE JOB READINESS TRAINING WILL INCLUDE "DRESS FOR SUCCESS", RESUME WRITING, INTERVIEWING SKILLS AND JOB APPLICATIONS.
JOBS PROVIDED FUNDING TO A HOMELESS SHELTER IN AURORA, IL CALLED PUBLIC ACTION TO DELIVER SHELTER (PADS) DBA HESED HOUSE. THE GOALS OF HESED HOUSE IS TO PROVIDE THE BASIC NEEDS OF HOMELESS PERSONS, INCLUDING FOOD AND SHELTER AND TO ADDRESS THE ISSUES ON WHAT MADE THE PERSON HOMELESS AND GET THEM BACK TO INDEPENDENT LIVING. THE HESED HOUSE DEVELOPED A JOB REDINESS TRAINING PROGRAM CALLED HEAT (HESED EMPLOYMENT AND TRAINING). IN THE PROGRAM THE HOMELESS PERSON WORKS IN THE HESED HOUSE FACILITY ON BASIC MAINTENANCE AND CLEANING JOBS WHERE THEY TEACH THEM THE SOFT SKILLS OF GETTING UP IN THE MORNING, PERSONAL HYGIENE AND WORK SKILLS THAT WILL GET THE INDIVIDUAL READY FOR THE WORKPLACE OUTSIDE OF HESED HOUSE.
JOBS PROVIDED FUNDING TO SECOND HELPINGS, A FOOD RESCUE AND DISPENSARY FACILITY THAT SERVICES THE LOW INCOME COMMUNITIES IN THE INDIANAPOLIS, IN AREA. SECOND HELPINGS RESCUES PREPARED AND PERISHABLE FOOD FROM WHOLESALERS, RETAILERS AND RESTAURANTS-PREVENTING UNNECESSARY WASTE. THAT RESCUED FOOD IS USED TO CREATE 4,000 HOT NUTRITIOUS MEALS EACH DAY THAT ARE DISTRIBUTED TO MORE THAN 90 SOCIAL SERVICE AGENCIES THAT FEED PEOPLE IN NEED. IN ADDITION, SECOND HELPINGS TRAINS PERSONS IN LOW INCOME COMMUNITIES FOR CAREERS IN THE FOOD SERVICES INDUSTRY. THIS JOB TRAINING PROGRAM IS WHAT JOBS FUNDED. MORE THAN 840 ADULTS HAVE GRADUATED FROM THE JOB TRAINING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edmund C Woodbury President | Officer | 1 | $0 |
Angela J Woolfolk Treasurer | Officer | 1 | $0 |
Thomas Shanabruch Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $435,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $435,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $435,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $352,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $540,801 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $395,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $935,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $935,801 |
| Total liabilities and net assets/fund balances | $935,801 |
Grants Awarded
Over the last fiscal year, Joint-County Opportunity Benefit Support Fund has awarded $550,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EDDR GRANT FUNDING PURPOSE: COMMUNITY IMPROVEMENT/CAPACITY BUILDING | $250,000 |
Chicago, IL PURPOSE: NATURAL RESOURCES CONSERVATION AND PROTECTION | $250,000 |
Chicago, IL PURPOSE: EMPLOYMENT ASSISTANCE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
16 Tech Community Corporation Indianapolis, IN | $90,414,871 | $43,820,376 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |