Joint-county Opportunity Benefit Support Fund

Nonprofit profile at a glance

EIN
463476160
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Chicago, IL, USA
Phone
3127842768
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Economic Development

Reported finances

Revenue
$176,836
Expenses
$3,617
Assets
$760,203
Liabilities
$347

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • EDMUND C WOODBURY (PRESIDENT)

People named in this filing

  • EDMUND C WOODBURY (PRESIDENT)
  • BRIAN MUNIN (SECRETARY)
  • MICHAEL REICHER (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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.

What it reported doing in 2025

Jobs has provided a low interest loan to genesis - affordable management llc for predevelopment costs for the tax credit conversion of dorchester square apartments, 1882 dorchester street, franklin va. The sponsor can use predevelopment funds for consulting, engineering and architecture. Dorchester square is a 128-unit garden community located at 1698 dorchester street in franklin va, originally built in 1974. Franklin is 44 miles west of norfolk va, and is part of the southeast Virginia planning area, which consists of all major communities of the hampton roads area (norfolk, chesapeake, Virginia beach, portsmouth). The property unit mix has 18 1-br, 51 2-br, 34 3-br and 25 4-br units and is covered by a 100% project-based section 8 rental assistance contract, which was recently renewed for 20 years. The property was built in 1974, then rehabilitated as part of a 2003 lihtc syndication, and remains subject to a lura. This project would be a resyndication. The property is a garden-style development on 11 acres within reasonable distance of services, and features laundry access, outside amenities including an outside congregationjobs also provided a source loan to primecare in conjunction with a nmtc closing by the borrower. The proceeds of the loan shall be used solely by borrower to fund a portion of the fund loan on the nmtc closing date.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 98%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 210.18; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.