Opportunity Headquarters Inc
- Assets
- $931.8k
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Syracuse, NY
- Founding
- 03/2000
- Data as of
- 04/2022
- EIN
- 16-1549946
Organization Overview
Opportunity Headquarters Inc is located in Syracuse, NY. The organization was established in 2000. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 04/2022, Opportunity Headquarters Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Headquarters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Opportunity Headquarters Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $3.2m during the year ending 04/2022. While expenses have increased by 8.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A CONSTRUCTION CREW THAT PERFORMS WORK ON AND REVITALIZES PROPERTIES PRIMARILY IN LOW AND MODERATE-INCOME NEIGHBORHOOD OR PRIMARILY FOR LOW AND MODERATE-INCOME BENEFICIARIES. ALSO PROVIDES SERVICES THAT SUPPORT THE COMMUNITY AT LARGE WITH ACTIVITIES SUCH AS PROVIDING OPPORTUNITIES FOR MINORITY AND WOMEN BUSINESS ENTERPRISES, ADVANCING GEEN AND SUSTAINABLE BUILDING PRACTICES AND SUPPORTING JOB TRAINING EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING APPRENTICE TRAINING OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS, ESPECIALLY MINORITIES AND WOMEN, INTERESTED IN SECURING PERMANENT EMPLOYMENT IN THE CONSTRUCTION TRADE. THE ORGANIZATION ALSO RENOVATES AND BUILDS NEW PROPERTIES IN DISTRESSED PARTS OF OUR COMMUNITY IN ORDER TO REVITALIZE THE NEIGHBORHOODS IN WHICH THESE HOMES ARE LOCATED. THE PROPERTIES ARE PRIMARILY DEVELOPED FOR LOW AND MODERATE INCOME PEOPLE OR ARE LOCATED IN LOW AND MODERATE INCOME NEIGHBORHOODS. IN PERFORMING THESE CONSTRUCTION SERVICES, EXTRA EMPHASIS IS PLACED ON GREEN AND SUSTAINABLE BUILDING TECHNOLOGIES THAT ASSIST THE RESIDENTS LIVING IN THE PROPERTIES AND ARE KIND TO OUR ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gladys J Smith Secretary/director | OfficerTrustee | 1 | $0 |
Celina Defrancis Assistant Secretary/treasu | OfficerTrustee | 1 | $0 |
Syeisha Byrd Treasurer/director | OfficerTrustee | 1 | $0 |
Kerry Quaglia President/director | OfficerTrustee | 1 | $0 |
Tricia Bauer CFO | Officer | 1 | $0 |
Charles Pierce-El Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Courcy Enterprises Inc Construction | 4/29/22 | $229,574 |
Donai Inc Construction | 4/29/22 | $181,614 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,335 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,335 |
| Total Program Service Revenue | $3,074,511 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,257,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $582,174 |
| Pension plan accruals and contributions | $6,893 |
| Other employee benefits | $13,514 |
| Payroll taxes | $46,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,872 |
| Advertising and promotion | $0 |
| Office expenses | $104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,842 |
| Travel | $2,195 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,775 |
| Interest | $3,511 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,756 |
| Insurance | $478,394 |
| All other expenses | $0 |
| Total functional expenses | $3,153,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,495 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $91,364 |
| Net Land, buildings, and equipment | $98,042 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $377,918 |
| Total assets | $931,819 |
| Accounts payable and accrued expenses | $106,495 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $84,347 |
| Total liabilities | $190,842 |
| Net assets without donor restrictions | $740,977 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $931,819 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home Headquarters Inc Syracuse, NY | $61,706,462 | $11,933,384 |
Depaul Properties Inc Rochester, NY | $60,046,501 | $8,018,697 |
Isles Inc Trenton, NJ | $25,476,363 | $9,864,108 |
Beech Interplex Inc Philadelphia, PA | $34,852,112 | $5,583,039 |
Center Communities Of Brookline Inc Boston, MA | $21,612,727 | $5,843,127 |
Crispus Attucks Association Of York Pennsylvania York, PA | $24,303,531 | $5,790,154 |
Hrca Brookline Housing 1550 Beacon Plaza Boston, MA | $18,498,571 | $4,652,823 |
North Shore Community Development Coalition Inc Salem, MA | $17,290,346 | $6,893,056 |
Troy Rehabilitation And Improvement Program Inc Troy, NY | $4,527,116 | $4,140,655 |
Opportunity Headquarters Inc Syracuse, NY | $931,819 | $3,257,864 |
Rebuilding Together-Saratoga County Ballston Spa, NY | $1,364,946 | $2,773,949 |
Mutual Housing Association Of Southwestern Connecticut Inc Trumbull, CT | $16,772,020 | $2,661,661 |