Better Business Bureau Report for
Career Transitions Center of Chicago

Better Business Bureau Report issued September 2013
Better Business Bureau Report expires September 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Career Transitions Center of Chicago
Address: 703 W. Monroe St.
  Chicago, IL 60661
Phone: 312-906-9908
Web Address: www.ctcchicago.org
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Better Business Bureau Comments

Year, State Incorporated: 1997, Illinois
Affiliates: None
Stated Purpose: The Career Transitions Center of Chicago’s (CTC) mission is to provide professional, emotional and spiritual support to those seeking a job, looking for meaningful work, or otherwise undergoing a career transition.

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Evaluation Conclusions

              

Career Transitions Center of Chicago meets the 20 Standards for Charity Accountability.
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Programs

              

The Career Transitions Center of Chicago is a vital community resource serving older workers who are experiencing prolonged periods of unemployment. It serves a very diverse group of job seekers, from administrative staff to mid-level managers who have been deeply impacted by the layoffs across corporate, academic and nonprofit sectors. CTC touched the lives of 960 people in FY13. CTC provided its 540 clients with over 190 workshops and 3,272 coaching sessions. CTC delivered over 10 community workshops to 420 people. The overarching goal of CTC is to successfully facilitate the job searches of its clients through training, coaching, and fellowship. Clients can meet once a week with any of the 40 volunteer Job Coaches who provide advice on the job search including skills assessment, development of resumes, letters, etc., plans of action, company/industry research, interviewing, compensation negotiations, networking, and mock interviews. CTC offers 150 workshops annually. CTC offers three weekly Peer Support Groups. CTC has 10 office cubicles/work stations in our Business Center in Downtown Chicago with computers, internet connections and telephones for conducting job search activities. CTC was founded in 1997 as collaboration among five interdenominational faith communities to provide spiritual, emotional and professional support to underemployed and unemployed persons who otherwise could not afford or quality for job placement services. (CTC is not a faith-based organization.) Today, CTC represents an alignment of seven academic institutions, ten faith communities, one professional association, and numerous businesses and philanthropic organizations concerned with supporting people in their search for meaningful employment and sustainable success.

For the fiscal year ended June 30, 2012, Career Transitions Center of Chicago's program expenses were:

  
Program Services 493,745
Total Program Expenses: $493,745
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Governance

              

Chief Executive : Anita C. Jenke, Executive Director
Compensation*: 
$76,000

Chair of the Board: David Crumbaugh
Chair's Profession / Business Affiliation: attorney

Co-Chair of the Board : Jeff Rodewald

Chair's Profession / Business Affiliation: Attorney

Board Size: 14

Paid Staff Size: 4

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 2% of related contributions. (Related contributions, which totaled $525,381, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Career Transitions Center of Chicago's audited financial statements for the fiscal year ended June 30, 2012.

Source of Funds  
Volunteer Career Coaches 256,031
Public Support 252,456
Program Revenue 93,375
Wine tasting fund raising event 16,894
Investment Income 118
Total Income $618,874


chart



Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 2%  Administrative: 8% 

Total income $618,874
Program expenses $493,745
Fund raising expenses 12,952
Administrative expenses 44,843
Total expenses $551,540
Income in Excess of Expenses 67,334
Beginning net assets 118,330
Ending net assets 185,664
Total liabilities 3,615
Total assets $189,279


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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