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Opportunity Enterprises Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 383781390 ✦ Auburn, ME ✦ Designated as a 501(c)(3)

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Overview

What is Opportunity Enterprises Inc?

Opportunity Enterprises Inc is a nonprofit organization situated in Auburn, Maine, specifically at 400 Center Street. Their primary mission is to support and empower adults with developmental disabilities, enabling their growth, independence, and recovery. They achieve this by providing assistance in their respective homes and the communities they reside in. With a dedicated workforce of 205 individuals, Opportunity Enterprises Inc is committed to enhancing the lives of those with developmental disabilities, fostering their integration into society and promoting their overall well-being.


Official website here: www.opportunityenterprises.org

What are the reviews and ratings of this charity?

Charity Navigator rates Opportunity Enterprises Inc with an 81% score, earning it a Three-Star out of Four Star rating. This rating reflects strong accountability and finance practices, with notable commendations for its independent board members and solid program expense ratio, indicating efficient use of funds toward its mission.

The organization demonstrates good governance through its comprehensive policies on conflict of interest and whistleblower protections, alongside a responsible liabilities to assets ratio. However, it faces limitations due to the absence of financial statements and a posted tax form on its website, which affects its overall transparency evaluation.

User reviews from GreatNonprofits were not available for insight into personal experiences with the nonprofit. Therefore, while the organizational strengths are significant, potential supporters may want to look further into firsthand accounts if considering engagement or donations.


This AI summary has been generated from information found on Charity Navigator.

Is Opportunity Enterprises Inc legitimate?

Opportunity Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Enterprises Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $90,709
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,248,212

For more financial information, click here


Official website here: www.opportunityenterprises.org

What is the mission statement of Opportunity Enterprises Inc?

Opportunity Enterprises Inc's mission is centered around promoting the growth, independence, and recovery of adults with developmental disabilities. The organization accomplishes this by providing support in their homes and the communities they reside in. By doing so, Opportunity Enterprises Inc aims to empower these individuals, enabling them to lead fulfilling lives with as much autonomy as possible. The organization's activities are designed to foster personal growth and enhance their overall well-being, ultimately contributing to their recovery and improved quality of life.


Official website here: www.opportunityenterprises.org

Who is the CEO of Opportunity Enterprises Inc?

Christine Vincent is the Chair of Opportunity Enterprises Inc. The CEO's salary of Opportunity Enterprises Inc is $90,709 and their total compensation is $90,737.


Official website here: www.opportunityenterprises.org

What is the revenue of Opportunity Enterprises Inc?

Opportunity Enterprises Inc's revenue in 2023 was $8,325,476.


Official website here: www.opportunityenterprises.org

Who are the executives of Opportunity Enterprises Inc and what are their salaries?

The average compensation at Opportunity Enterprises Inc during 2023 was $21,165. There are 205 employees and 62 volunteers at Opportunity Enterprises Inc.


Here are 6 key members and their salaries (Opportunity Enterprises Inc's CEO's salary is $90,709 and their total compensation is $90,737):


Craig Yates (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Royer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryce Worcester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ellen Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Sanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Vincent (Ceo)
  • Compensation: $90,709
  • Related: $0
  • Other: $28


Official website here: www.opportunityenterprises.org

Where can I find the form 990 for Opportunity Enterprises Inc?

Opportunity Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.opportunityenterprises.org

Learn more at the official website: www.opportunityenterprises.org

Mission Statement of Opportunity Enterprises Inc

Opportunity Enterprises Inc, a nonprofit organization, is committed to fostering the growth, independence, and recovery of adults with developmental disabilities. This mission is carried out by providing support to these individuals in their own homes and within the communities they reside in. The organization's primary goal is to empower these adults, enabling them to lead fulfilling and independent lives.

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Impact




July, 2024

Opportunity Enterprises Inc makes a significant impact by promoting the growth, independence, and recovery of individuals with developmental disabilities. By serving adults in their homes and communities, this organization plays a crucial role in enhancing the quality of life for individuals facing these challenges. Through their mission to empower and support individuals with developmental disabilities, Opportunity Enterprises Inc is instrumental in advocating for inclusivity and providing valuable resources and services to enhance the well-being of those they serve.




This information is meant to be a general summary of Opportunity Enterprises Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,325,476 (2023)
Expenses
$7,442,943 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,603
  • Program Service Revenue: $8,117,276
  • Gross Receipts: $8,325,476

Assets and Liabilities:

  • Total Assets: $5,854,808
  • Total Liabilities: $1,063,310
  • Net Assets: $4,791,498

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MAINECARE PAYMENTS

Revenue

$7,944,124

CUPCAKERY INCOME

Revenue

$113,021

CAMP INCOME

Revenue

$41,433

ROOM & BOARD PAYMENTS

Revenue

$17,277

MISCELLANEOUS REVENUE

Revenue

$1,421

Organization Details

Founding Year

2008

Principal Officer

Christine Vincent

Main Address

400 CENTER STREET, AUBURN, ME, 04210

NTEE Category

Code: E60 - Health

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