Overview
What is Opportunity Inc?
Opportunity Inc, headquartered in Chicago, Illinois, is a publicly supported, tax-exempt corporation dedicated to uplifting individuals living in poverty. Their mission involves empowering these individuals to improve their lives, secure a better future for their children, and strengthen their communities. They achieve this by providing financial solutions and training, while supporting local microfinance organizations that offer innovative methods to empower people, stimulate job creation, and foster vibrant communities.
Official website here: www.opportunity.org
Is Opportunity Inc legitimate?
Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity 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: $107,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,485
For more financial information, click here
Official website here: www.opportunity.org
What is the mission statement of Opportunity Inc?
Opportunity Inc, a tax-exempt organization, aims to empower individuals living in poverty by transforming their lives, securing a better future for their children, and building vibrant communities. They achieve this goal by offering financial solutions and training, supporting local microfinance organizations that provide innovative financial tools to empower people, create jobs, and foster community development. By doing so, Opportunity Inc contributes to the creation of sustainable livelihoods and vibrant communities, thereby impacting societal transformation on a larger scale.
Official website here: www.opportunity.org
What is the revenue of Opportunity Inc?
Opportunity Inc's revenue in 2023 was $331,711.
Official website here: www.opportunity.org
Who are the executives of Opportunity Inc and what are their salaries?
There 5 volunteers at Opportunity Inc.
Here are 8 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $67,694
- Other: $13,776
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- Related: $257,050
- Other: $24,621
- Compensation: $0
- Related: $35,399
- Other: $2,478
Official website here: www.opportunity.org
Where can I find the form 990 for Opportunity Inc?
Opportunity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.opportunity.org
Learn more at the official website: www.opportunity.org
Mission Statement of Opportunity Inc
Opportunity Inc, a tax-exempt and publicly supported corporation, empowers individuals living in poverty to transform their lives, shape their children's futures, and contribute to the betterment of their communities. The organization achieves this by providing financial solutions and training. Opportunity Inc supports local microfinance organizations, which in turn offer innovative financial solutions to empower people, stimulate job creation, and foster the development of thriving communities. By offering these financial solutions and training, Opportunity Inc aims to help those in poverty to uplift themselves and their communities, ultimately breaking the cycle of poverty.
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Impact
October, 2024
Opportunity Inc empowers individuals living in poverty by offering transformative financial solutions and training. By supporting local microfinance organizations, it enables people to access innovative financial resources, fostering job creation and stimulating vibrant community growth.
The impact of Opportunity Inc is multifaceted. Firstly, it directly uplifts individuals and families, providing them with the tools necessary to improve their financial stability and transform their futures. Secondly, through its emphasis on training, the organization equips people with valuable skills, enhancing their employability and prospects for sustainable income.
Additionally, Opportunity Inc plays a vital role in community development. By creating job opportunities and empowering local microfinance institutions, it fosters economic growth and resilience in neighborhoods that need it most. This not only benefits individual lives but also strengthens the fabric of communities, making them more vibrant and sustainable.
Ultimately, Opportunity Inc’s efforts lead to a ripple effect—transforming lives, nurturing brighter futures for children, and fostering stronger, more self-sufficient communities.
This information is meant to be a general summary of Opportunity 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 2023.
- Gross Receipts: $331,711
Assets and Liabilities:
- Total Assets: $73,800
- Total Liabilities: $8,513
- Net Assets: $65,287
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Organization Details
Founding Year
2014
Principal Officer
Deborah Foy
Website
www.opportunity.orgNTEE Category
Code: Q19 - International
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