Overview
What is Opportunity Link Inc?
Opportunity Link Inc is a nonprofit organization based in Northcentral Montana, serving 11 counties and three reservations. Their mission is to support local and regional approaches to prosperity, fostering collaboration among residents to develop a shared vision for sustainability. They work on expanding economic opportunities, improving transportation, infrastructure, and communications systems, and enhancing the quality of life through program scaling and development. Opportunity Link also invests in regional transit services, providing coordination, assessment, and financial support to local transit partners. Additionally, they focus on helping low-income rural residents build wealth assets and increase access to training for financial stability. Their initiatives aim to strengthen the regional economy through collaborative projects, encouraging entrepreneurship and business development.
Official website here: www.opportunitylinkmt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Opportunity Link Inc has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is significant as it indicates the charity's commitment to transparency and effective management of its resources, as evidenced by its perfect scores in areas such as independent board membership, financial audits, and policies on conflicts of interest and whistleblower protections.
The organization demonstrates a robust financial health with an impressive program expense ratio of 83.06%, meaning a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the charity has maintained a low liabilities to assets ratio of 10.27%, suggesting a solid financial position and the ability to meet its obligations.
Overall, Opportunity Link Inc shows exemplary practices in governance and financial management, which are critical for fostering donor trust and ensuring the longevity of its programs. There are no noted limitations in the feedback, positioning the organization as a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Opportunity Link Inc legitimate?
Opportunity Link Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Link 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: $160,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,820
For more financial information, click here
Official website here: www.opportunitylinkmt.org
What is the mission statement of Opportunity Link Inc?
Opportunity Link Inc, a non-profit organization, is dedicated to assisting communities in 11 counties and three reservations, primarily in Northcentral Montana, in achieving and sustaining independence, prosperity, and a better way of life. To accomplish this, the organization strives to support local and regional approaches to building prosperity by bringing residents together to develop a shared vision for local livability while preserving natural assets and cultural identity. Opportunity Link encourages and supports coordinated decision-making and investment at the local-to-regional-to-statewide level to expand economic opportunities, improve transportation, infrastructure, and communications systems, and enhance the quality of life. The organization assists communities in identifying and accessing the resources needed to implement goals and action items contained in their growth policies, which they have deemed essential to meet community development needs. Opportunity Link continues to support efforts to identify relationships between affordable housing, transportation, access to local foods, employment, and business development that strengthen communities.
Official website here: www.opportunitylinkmt.org
Who is the CEO of Opportunity Link Inc?
Richard Sangrey is the Chair of Opportunity Link Inc.
Official website here: www.opportunitylinkmt.org
What is the revenue of Opportunity Link Inc?
Opportunity Link Inc's revenue in 2022 was $500,712.
Official website here: www.opportunitylinkmt.org
Who are the executives of Opportunity Link Inc and what are their salaries?
The average compensation at Opportunity Link Inc during 2022 was $19,040. There are 20 employees and 9 volunteers at Opportunity Link Inc.
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- Compensation: $78,504
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- Other: $17,711
- Compensation: $47,320
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- Other: $14,834
Official website here: www.opportunitylinkmt.org
Where can I find the form 990 for Opportunity Link Inc?
Opportunity Link Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opportunitylinkmt.org
Learn more at the official website: www.opportunitylinkmt.org
Mission Statement of Opportunity Link Inc
Opportunity Link Inc, a non-profit organization, is dedicated to assisting communities in 11 counties and three reservations, striving to help them achieve and sustain independence, prosperity, and a better way of life. The mission of Opportunity Link Inc is centered around supporting local and regional approaches to build prosperity. The organization brings residents together to develop a shared vision for sustaining local livability while preserving the natural assets and cultural identity of the region. Opportunity Link Inc encourages and supports coordinated local-to-regional-to-statewide decision-making and investment, aiming to expand economic opportunities, improve transportation, infrastructure, and communications systems, and enhance the quality of life. The organization serves as a catalyst for regional growth and development, working towards creating new partnerships, providing leadership training, networking, and disseminating information to keep all regional stakeholders connected, informed, and engaged. Through its efforts, Opportunity Link Inc works to increase investment in business and job creation, ultimately contributing to the overall prosperity of the region.
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Impact
July, 2024
Opportunity Link Inc's impact can be seen in the significant strides it has made in assisting 11 counties and 3 reservations in Northcentral Montana to achieve and sustain independence, prosperity, and a better way of life. The organization's coordinated regional planning efforts have brought residents together to develop a shared vision for sustaining local livability while preserving the natural assets and cultural identity of the region. By encouraging and supporting coordinated decision-making and investment at the local-to-regional-to-statewide levels, Opportunity Link has been instrumental in expanding economic opportunities, improving transportation, infrastructure, and communications systems, and enhancing quality of life through both existing and new programs.
One notable achievement is Opportunity Link's leadership as the designated lead agency for the HUD Sustainable Communities Grant, which resulted in a 20-year plan for the region aimed at supporting regional prosperity, community vitality, physical systems, social systems, and natural assets. Through its Vibrant Futures Project, the organization continues to assist communities in implementing the goals and action items outlined in the regional plan, ultimately contributing to community development and growth policies.
Opportunity Link's commitment to creating new partnerships throughout the region has led to the advancement of programming outcomes. By providing leadership training, networking opportunities, and disseminating information, the organization keeps all regional stakeholders connected, informed, and engaged in advocacy and learning efforts that promote increased investment in business and job creation. Through collaborative partnerships with a variety of resource providers, Opportunity Link and its partners offer training and support to build the capacity of decision-makers, conduct research to identify best practices, and map community assets to diversify and strengthen local and regional economies.
Furthermore, the organization's investment in regional public transportation services, including managing North Central Montana Transit, has provided vital mobility options for low-income residents in the region. By offering daily fixed-route bus services between key locations, Opportunity Link has significantly impacted access to employment, education, and healthcare services for rural residents.
Additionally, Opportunity Link's focus on helping low-income rural residents build wealth assets, increasing access to training for financial capabilities, supporting local place-making initiatives, and promoting the production and access to fresh foods all contribute to strengthening the economy of the region and creating new opportunities for employment and business ownership.
In summary, Opportunity Link Inc's impact is multifaceted, ranging from regional planning and transportation services to wealth-building initiatives and economic development projects. Through its collaborative and holistic approach, the organization continues to make a positive difference in the lives of individuals and communities in Northcentral Montana.
This information is meant to be a general summary of Opportunity Link 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,054
- Program Service Revenue: $20,300
- Gross Receipts: $500,712
Assets and Liabilities:
- Total Assets: $1,321,328
- Total Liabilities: $144,882
- Net Assets: $1,176,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNER SHARE COST REI
Revenue
$20,300
Organization Details
Founding Year
2004
Phone
(406) 265-3699Principal Officer
Richard Sangrey
Main Address
PO BOX 80, HAVRE, MT, 59501
Website
www.opportunitylinkmt.orgNTEE Category
Code: L12 - Housing
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