Overview
What is Opportunity Alabama Inc?
Opportunity Alabama Inc, established in 2018, is an economic development organization based in Birmingham, Alabama. Their mission is to bring communities, investors, and projects together, aiming to improve the quality of life in underserved areas across Alabama. Through their Community Growth Accelerator Program, they collaborate with local leaders to identify and execute catalytic real estate projects or initiatives. These projects focus on speed to market, cost efficiency, and community impact, ultimately benefiting the local economy. Opportunity Alabama leverages diverse funding sources to support projects that enhance the built environment, improve economic resilience, and de-risk meaningful real estate projects, such as workforce housing, mixed-use developments, historic revitalization, and more.
Official website here: www.opportunityalabama.com
Is Opportunity Alabama Inc legitimate?
Opportunity Alabama Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Alabama 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $528,539
For more financial information, click here
What is the mission statement of Opportunity Alabama Inc?
Opportunity Alabama Inc, established in 2018, serves as an economic development organization. Its primary objective is to foster collaboration between communities, investors, and projects, aiming to enhance and preserve the quality of life across Alabama. The organization utilizes diverse funding sources to support projects and initiatives that improve the built environment, de-risk meaningful real estate projects, and boost economic resilience. Opportunity Alabama Inc works with developers, property owners, economic development professionals, local community leaders, and investors to promote projects such as new workforce housing, mixed-use development, historic revitalization, and industrial development, among others. The ultimate goal of Opportunity Alabama Inc is to advance the quality of life for Alabama's underserved communities.
Official website here: www.opportunityalabama.com
Who is the CEO of Opportunity Alabama Inc?
Alexander Flachsbart is the Director of Opportunity Alabama Inc.
Official website here: www.opportunityalabama.com
What is the revenue of Opportunity Alabama Inc?
Opportunity Alabama Inc's revenue in 2022 was $1,234,598.
Official website here: www.opportunityalabama.com
Who are the executives of Opportunity Alabama Inc and what are their salaries?
- Myla Calhoun (Director)
- Alexander Flachsbart (President) [Trustee/Director]
- Dan Ruth (Secretary) [Trustee/Director]
- Anoop Mishra (Director)
- Greg Barker (Chair) [Trustee/Director]
- James Outland (Director)
- Tony Smoke (Director)
- Wendi Boyen (Director)
Official website here: www.opportunityalabama.com
Where can I find the form 990 for Opportunity Alabama Inc?
The Opportunity Alabama Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.opportunityalabama.com
Learn more at the official website: www.opportunityalabama.com
Mission Statement of Opportunity Alabama Inc
Opportunity Alabama Inc, established in 2018, serves as an economic development organization with a mission to bridge the gap between communities, investors, and projects. This organization strives to preserve and enhance the quality of life in Alabama's underserved areas through catalytic development. By leveraging diverse funding sources, Opportunity Alabama aids in the realization of projects and initiatives that improve the built environment, bolster economic resilience, and decrease the risk associated with significant real estate projects.
The organization collaborates with developers, property owners, economic development professionals, local community leaders, and investors to support projects that propel communities forward. These projects encompass a wide range of ventures, including new workforce housing, mixed-use developments, historic revitalization, industrial development, and more. Opportunity Alabama Inc's ultimate objective is to elevate the quality of life for Alabama's underserved communities.
Impact
This information is meant to be a general summary of Opportunity Alabama Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Opportunity Alabama Inc has a significant impact on underserved communities in Alabama by facilitating catalytic development projects that preserve and enhance the quality of place. Through their Community Growth Accelerator program, they work closely with local leaders to identify and support real estate projects and economic development initiatives that have a tangible impact on communities. By leveraging diverse funding sources and working with developers, property owners, and investors, they help advance projects such as workforce housing, mixed-use development, historic revitalization, and industrial development. In doing so, Opportunity Alabama aims to improve economic resilience and overall quality of place for Alabama's underserved communities.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2018
Phone
(334) 425-4166
Principal Officer
Alexander Flachsbart
Main Address
1320 1ST AVE S, BIRMINGHAM, AL, 35233
Website
www.opportunityalabama.com
NTEE Category
Code: S12 - Community improvement
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