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Opportunity Neighborhood

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411923622 ✦ Elk river, MN ✦ Designated as a 501(c)(3)

Overview

What is Opportunity Neighborhood?

Opportunity Neighborhood is a dedicated nonprofit organization, situated in Elk River, Minnesota. Their mission is to uplift and strengthen communities within affordable housing complexes through collaborative partnerships. They provide a range of social services, including early childhood programs, out-of-school time and summer activities, community gatherings, courtesy patrol, information and referral services, and case management. These services aim to enhance safety, promote housing stability, and foster family success. Their initiatives are also supported by community partners. During the COVID-19 pandemic, Opportunity Neighborhood resumed in-person early childhood and out-of-school time programming. They also saw improvement in reading fluency among 80% of youth participating in the literacy program during the Ames Lake summer camp. In collaboration with seven community organizations, they successfully revived National Night Out, serving over 250 residents at Ames Lake Neighborhood. Additionally, they secured funding to purchase 10 laptops for students in the Ames After Hours/Ames Teen Group, ensuring social distancing during programming. The organization continues to reassess and redevelop its courtesy programs in light of social changes following George Floyd's murder and the pandemic. They also work closely with community partners, legislators, and funders to secure ongoing funding for their programs.


Official website here: www.opportunityneighborhood.org

Is Opportunity Neighborhood legitimate?

Opportunity Neighborhood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Neighborhood 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: $106,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,670

For more financial information, click here


Official website here: www.opportunityneighborhood.org

What is the mission statement of Opportunity Neighborhood?

Opportunity Neighborhood's mission is centered around supporting individuals and strengthening communities within affordable housing neighborhoods. This is accomplished through collaborative partnerships. The organization aims to enhance community safety, promote housing stability, and foster opportunities for family success. They achieve these objectives through various services such as early childhood programs, out-of-school time and summer activities, community gatherings, courtesy patrol, information and referral, and case management services. These services are provided in conjunction with community partners. In 2022, Opportunity Neighborhood resumed in-person early childhood and out-of-school time programming after COVID-19 closures, collaborated with community organizations to bring back National Night Out, and secured funding for laptop purchases for students. They also continue to re-evaluate and redevelop their courtesy programs in response to societal changes.


Official website here: www.opportunityneighborhood.org

Who is the CEO of Opportunity Neighborhood?

Perry Lofquist is the Secretary of Opportunity Neighborhood.


Official website here: www.opportunityneighborhood.org

What is the revenue of Opportunity Neighborhood?

Opportunity Neighborhood's revenue in 2022 was $590,160.


Official website here: www.opportunityneighborhood.org

Who are the executives of Opportunity Neighborhood and what are their salaries?

The average compensation at Opportunity Neighborhood during 2022 was $28,856. There are 19 employees and 10 volunteers at Opportunity Neighborhood.

Here are 5 key members and their salaries:

    Perry Lofquist (Executive Director)
  • Compensation: $103,953
  • Related: $0
  • Other: $2,100

    • Sue Willman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Bluford (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Schirber (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Spilseth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.opportunityneighborhood.org

    Where can I find the form 990 for Opportunity Neighborhood?

    The Opportunity Neighborhood’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.opportunityneighborhood.org

    Learn more at the official website: www.opportunityneighborhood.org

    Mission Statement of Opportunity Neighborhood

    Opportunity Neighborhood, a nonprofit organization, is committed to supporting individuals and strengthening communities within affordable housing neighborhoods through cooperative partnerships. Their primary mission is to enhance community safety, promote housing stability, and increase opportunities for family success within these communities. They achieve these goals by offering a variety of services such as early childhood programs, out-of-school time and summer programs, community gatherings, courtesy patrol, information and referral, and case management services. These services are provided not only by Opportunity Neighborhood but also in collaboration with community partners.

    In the pursuit of their mission, Opportunity Neighborhood has made significant strides. For instance, they resumed in-person early childhood and out-of-school time programming following mandatory closures due to the COVID-19 pandemic. Their literacy program during the summer camp at Ames Lake saw 80% of participating youth either maintain or improve their reading fluency. They also collaborated with seven community organizations to revive National Night Out after social distancing requirements forced cancellations in 2020 and 2021, serving over 250 residents at Ames Lake Neighborhood. Furthermore, they secured funding to purchase ten laptops for Ames After Hours/Ames Teen Group students, enabling them to participate in programming while maintaining social distancing.

    These accomplishments demonstrate Opportunity Neighborhood's dedication to supporting the people and strengthening neighborhoods within affordable housing communities through collaborative partnerships. Their mission is to create an environment where individuals can thrive and communities can prosper, fostering a sense of safety, stability, and opportunity for all.

    Impact

    This information is meant to be a general summary of Opportunity Neighborhood. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Opportunity Neighborhood has a significant impact by supporting people and strengthening neighborhoods within affordable housing communities. Through their coordinated social services at various affordable housing sites, such as Polynesian Village, Eden Park Apartments, and Ames Lake Neighborhood, Opportunity Neighborhood aims to increase community safety, housing stability, and opportunities for family success. Their services, including early childhood programs, out-of-school time activities, community gatherings, courtesy patrol, information and referral, and case management, have proven to be effective in achieving their goals.

    In 2022, Opportunity Neighborhood accomplished several milestones despite the challenges posed by the COVID-19 pandemic. They resumed in-person early childhood and out-of-school time programming, with 80% of youth participating in the literacy program at Ames Lake seeing improvements in reading fluency. Furthermore, they collaborated with community organizations to bring back events like National Night Out, serving over 250 residents, and secured funding for essential resources like laptops for program participants.

    Opportunity Neighborhood's commitment to re-evaluating and adapting their programs based on social changes, alongside their efforts to secure ongoing funding through partnerships with community organizations, legislators, and funders, underscores their dedication to making a positive impact on the lives of individuals and neighborhoods within affordable housing communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,791
  • Program Service Revenue: $450,703
  • Gross Receipts: $590,160

    • Assets and Liabilities:
  • Total Assets: $388,181
  • Total Liabilities: $4,327
  • Net Assets: $383,854
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COURTESY SERVICES

    Revenue

    $366,873

    PROJECT FEE INCOME

    Revenue

    $54,254

    RESIDENT SERVICES

    Revenue

    $29,576

    Organization Details

    Founding Year

    1998

    Principal Officer

    Perry Lofquist

    Main Address

    PO BOX 953, ELK RIVER, MN, 55330

    NTEE Category

    Code: L22 - Housing

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