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Opportunity Living Foundation

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

EIN: 421443317 ✦ Lake city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Opportunity Living Foundation?

Opportunity Living Foundation is a nonprofit organization situated in Lake City, Iowa, with the address 1890 E Main Street. Their primary objective is to amass and manage funds, both real estate and personal property, with the purpose of advancing their organization's mission. The mission of Opportunity Living Foundation remains unspecified in the provided information, but their goal is to utilize these funds to further their cause.

Is Opportunity Living Foundation legitimate?

Opportunity Living Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Living Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Opportunity Living Foundation?

The Opportunity Living Foundation's mission, as stated, involves maintaining and growing a fund of real and personal property to support and advance its mission. This fund is utilized to further the goals of Opportunity Living, although the specifics of its mission are not provided in the information. It is assumed that the foundation aims to utilize this fund to make a positive impact in its chosen field, but without additional information, the exact nature of this impact remains unclear.

Who is the CEO of Opportunity Living Foundation?

Shannon Mahannah is the Chief Executive Officer of Opportunity Living Foundation. The CEO's salary of Opportunity Living Foundation is $0 and their total compensation is $167,215.

What is the revenue of Opportunity Living Foundation?

Opportunity Living Foundation's revenue in 2023 was $112,740.

Who are the executives of Opportunity Living Foundation and what are their salaries?

There 5 volunteers at Opportunity Living Foundation.


Here are 8 key members and their salaries (Opportunity Living Foundation's CEO's salary is $0 and their total compensation is $167,215):


Shannon Mahannah (Chief Executive Officer)
  • Compensation: $0
  • Related: $158,046
  • Other: $9,169
Jill Westcott (Chief Financial Officer)
  • Compensation: $0
  • Related: $121,345
  • Other: $8,568
Donna Hollers (Rn)
  • Compensation: $0
  • Related: $105,139
  • Other: $5,365
Steve Lane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Wuebker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Clayton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Bellcock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Opportunity Living Foundation?

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

Mission Statement of Opportunity Living Foundation

Opportunity Living Foundation is dedicated to preserving a collection of both real and personal assets. The primary objective of this nonprofit organization is to leverage these resources to advance its mission. By doing so, Opportunity Living seeks to make a significant impact in its chosen field. The specifics of this mission are not explicitly stated in the provided information, but it can be inferred that the foundation aims to utilize its funds to contribute positively to its cause. The nature of this cause remains unclear, as the information provided does not specify the focus area of Opportunity Living Foundation. Nonetheless, the organization's commitment to maintaining a fund for this purpose demonstrates its determination to contribute to its chosen cause in a meaningful way.

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Impact




October, 2024

Opportunity Living Foundation focuses on enhancing the quality of life for individuals through the management and allocation of a dedicated fund. By maintaining and utilizing resources in real and personal property, the Foundation supports initiatives that align with its mission, ultimately fostering greater opportunities for community engagement and individual empowerment in Lake City, IA. Its commitment to philanthropy plays a crucial role in driving positive change and improving the well-being of those it serves.




This information is meant to be a general summary of Opportunity Living Foundation. 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
$112,740 (2023)
Expenses
$125,104 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $92,190
  • Gross Receipts: $147,560

Assets and Liabilities:

  • Total Assets: $2,658,688
  • Total Liabilities: $11,384
  • Net Assets: $2,647,304

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Organization Details

Founding Year

1995

Principal Officer

Shannon Mahannah

Main Address

1890 E Main Street, Lake City, IA, 51449

NTEE Category

Code: T99Z - Philanthropy

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