Opportunity Inc

Organization Overview

Opportunity Inc is located in Laurinburg, NC. The organization was established in 1991. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity 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 06/2023, Opportunity Inc generated $484.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $589.2k during the year ending 06/2023. While expenses have increased by 23.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO MANAGE AND DEVELOP AFFORDABLE HOUSING SERVICES FOR LOW INCOME INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL OF LOW INCOME SINGLE FAMILY HOUSING TO INDIVIDUALS AND MANAGEMENT SERVICES FOR LOW INCOME AFFORDABLE HOUSING.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Coble
Secretary
$0
Catherine Stubbs
Director
$0
Nancy Walker
Director
$0
Greg Wood
Vice-Chairma
$0
Craig Ellis
Chairman
$0
Karen Laviner
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$472,548
Investment income $11,989
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 $484,537

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