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Opportunity Neighborhood

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

EIN: 411923622 ✦ Elk river, MN ✦ Designated as a 501(c)(3)

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Overview

What is Opportunity Neighborhood?

Opportunity Neighborhood is a dedicated nonprofit organization, situated in Elk River, Minnesota. Their mission is to uplift and strengthen communities within affordable housing complexes through collaborative partnerships. They provide a range of social services, including early childhood programs, out-of-school time and summer activities, community gatherings, courtesy patrol, information and referral services, and case management. These services aim to enhance safety, promote housing stability, and foster family success. Their initiatives are also supported by community partners. During the COVID-19 pandemic, Opportunity Neighborhood resumed in-person early childhood and out-of-school time programming. They also saw improvement in reading fluency among 80% of youth participating in the literacy program during the Ames Lake summer camp. In collaboration with seven community organizations, they successfully revived National Night Out, serving over 250 residents at Ames Lake Neighborhood. Additionally, they secured funding to purchase 10 laptops for students in the Ames After Hours/Ames Teen Group, ensuring social distancing during programming. The organization continues to reassess and redevelop its courtesy programs in light of social changes following George Floyd's murder and the pandemic. They also work closely with community partners, legislators, and funders to secure ongoing funding for their programs.


Official website here: www.opportunityneighborhood.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Opportunity Neighborhood has received a commendable score of 81% from Charity Navigator, reflecting strong accountability and financial management practices. All aspects of their score derive from the Accountability & Finance beacon, where they excelled, particularly in having a fully independent board and a high program expense ratio of 88.24%. Their transparent governance and adherence to policies such as conflict of interest and whistleblower protections further bolster their rating.

User feedback across various platforms highlights the organization’s commitment to community service, particularly for children and families in affordable housing. Many users praise the engaging programs offered, such as the Birth to Five initiative and after-school activities, noting the caring and responsive staff that create a nurturing environment. Events like National Night Out and seasonal celebrations have also been well-received, fostering a sense of community and support among residents.

While the organization is celebrated for its strengths, some users express a desire for continued growth and funding to maintain and expand services. Board members and community members alike recognize the vital role Opportunity Neighborhood plays in creating stability and opportunities for families, emphasizing the importance of sustained support to further enhance their impactful work.


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

What do the Facebook reviews say about Opportunity Neighborhood?

With two reviews available on Facebook, there is a positive sentiment surrounding Opportunity Neighborhood. One user explicitly stated their recommendation, attributing the nonprofit's quality to an individual named Danny, suggesting that his involvement greatly enhances the organization’s appeal and effectiveness.

Though limited, the existing feedback indicates that patrons have a favorable impression of the nonprofit and its atmosphere. The mention of a specific employee highlights the importance of personal connections and strong interpersonal relationships within the organization.

Overall, while the number of reviews is small and there is no official rating yet, the comments suggest that Opportunity Neighborhood could have a supportive and engaging environment.


This AI summary has been generated from reviews found on Facebook.

Is Opportunity Neighborhood legitimate?

Opportunity Neighborhood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Neighborhood 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: $106,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,670

For more financial information, click here


Official website here: www.opportunityneighborhood.org

What is the mission statement of Opportunity Neighborhood?

Opportunity Neighborhood's mission is centered around supporting individuals and strengthening communities within affordable housing neighborhoods. This is accomplished through collaborative partnerships. The organization aims to enhance community safety, promote housing stability, and foster opportunities for family success. They achieve these objectives through various services such as early childhood programs, out-of-school time and summer activities, community gatherings, courtesy patrol, information and referral, and case management services. These services are provided in conjunction with community partners. In 2022, Opportunity Neighborhood resumed in-person early childhood and out-of-school time programming after COVID-19 closures, collaborated with community organizations to bring back National Night Out, and secured funding for laptop purchases for students. They also continue to re-evaluate and redevelop their courtesy programs in response to societal changes.


Official website here: www.opportunityneighborhood.org

Who is the CEO of Opportunity Neighborhood?

Perry Lofquist is the Secretary of Opportunity Neighborhood.


Official website here: www.opportunityneighborhood.org

What is the revenue of Opportunity Neighborhood?

Opportunity Neighborhood's revenue in 2022 was $590,160.


Official website here: www.opportunityneighborhood.org

Who are the executives of Opportunity Neighborhood and what are their salaries?

The average compensation at Opportunity Neighborhood during 2022 was $28,856. There are 19 employees and 10 volunteers at Opportunity Neighborhood.


Here are 5 key members and their salaries:


Sue Willman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Bluford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schirber (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Spilseth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Lofquist (Executive Director)
  • Compensation: $103,953
  • Related: $0
  • Other: $2,100


Official website here: www.opportunityneighborhood.org

Where can I find the form 990 for Opportunity Neighborhood?

Opportunity Neighborhood's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.opportunityneighborhood.org

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

Mission Statement of Opportunity Neighborhood

Opportunity Neighborhood, a nonprofit organization, is committed to supporting individuals and strengthening communities within affordable housing neighborhoods through cooperative partnerships. Their primary mission is to enhance community safety, promote housing stability, and increase opportunities for family success within these communities. They achieve these goals by offering a variety of services such as early childhood programs, out-of-school time and summer programs, community gatherings, courtesy patrol, information and referral, and case management services. These services are provided not only by Opportunity Neighborhood but also in collaboration with community partners.

In the pursuit of their mission, Opportunity Neighborhood has made significant strides. For instance, they resumed in-person early childhood and out-of-school time programming following mandatory closures due to the COVID-19 pandemic. Their literacy program during the summer camp at Ames Lake saw 80% of participating youth either maintain or improve their reading fluency. They also collaborated with seven community organizations to revive National Night Out after social distancing requirements forced cancellations in 2020 and 2021, serving over 250 residents at Ames Lake Neighborhood. Furthermore, they secured funding to purchase ten laptops for Ames After Hours/Ames Teen Group students, enabling them to participate in programming while maintaining social distancing.

These accomplishments demonstrate Opportunity Neighborhood's dedication to supporting the people and strengthening neighborhoods within affordable housing communities through collaborative partnerships. Their mission is to create an environment where individuals can thrive and communities can prosper, fostering a sense of safety, stability, and opportunity for all.

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Impact




July, 2024

Opportunity Neighborhood has a significant impact by supporting people and strengthening neighborhoods within affordable housing communities. Through their coordinated social services at various affordable housing sites, such as Polynesian Village, Eden Park Apartments, and Ames Lake Neighborhood, Opportunity Neighborhood aims to increase community safety, housing stability, and opportunities for family success. Their services, including early childhood programs, out-of-school time activities, community gatherings, courtesy patrol, information and referral, and case management, have proven to be effective in achieving their goals.

In 2022, Opportunity Neighborhood accomplished several milestones despite the challenges posed by the COVID-19 pandemic. They resumed in-person early childhood and out-of-school time programming, with 80% of youth participating in the literacy program at Ames Lake seeing improvements in reading fluency. Furthermore, they collaborated with community organizations to bring back events like National Night Out, serving over 250 residents, and secured funding for essential resources like laptops for program participants.

Opportunity Neighborhood's commitment to re-evaluating and adapting their programs based on social changes, alongside their efforts to secure ongoing funding through partnerships with community organizations, legislators, and funders, underscores their dedication to making a positive impact on the lives of individuals and neighborhoods within affordable housing communities.




This information is meant to be a general summary of Opportunity Neighborhood. 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
$590,160 (2022)
Expenses
$654,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,791
  • Program Service Revenue: $450,703
  • Gross Receipts: $590,160

Assets and Liabilities:

  • Total Assets: $388,181
  • Total Liabilities: $4,327
  • Net Assets: $383,854

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Programs

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

COURTESY SERVICES

Revenue

$366,873

PROJECT FEE INCOME

Revenue

$54,254

RESIDENT SERVICES

Revenue

$29,576

Organization Details

Founding Year

1998

Principal Officer

Perry Lofquist

Main Address

PO BOX 953, ELK RIVER, MN, 55330

NTEE Category

Code: L22 - Housing

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