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Opportunity Incorporated

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

EIN: 581949662 ✦ Laurinburg, NC ✦ Designated as a 501(c)(3)

Overview

What is Opportunity Incorporated?

Opportunity Incorporated, a nonprofit organization based in Laurinburg, North Carolina (PO Box 293), primarily focuses on providing affordable housing solutions for low-income individuals. Their mission involves managing and developing affordable housing services, ensuring that these essential living spaces are made accessible to those in need. The organization's primary activity is the rental of single-family homes for individuals, while also offering management services for these housing units.


Is Opportunity Incorporated legitimate?

Opportunity Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Incorporated 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: $0

For more financial information, click here


What is the mission statement of Opportunity Incorporated?
Who is the CEO of Opportunity Incorporated?
What is the revenue of Opportunity Incorporated?
Who are the executives of Opportunity Incorporated and what are their salaries?
Where can I find the form 990 for Opportunity Incorporated?

Mission Statement of Opportunity Incorporated

Opportunity Incorporated is dedicated to managing and developing affordable housing services for individuals with low income. This nonprofit organization's mission is centered around providing affordable housing solutions, specifically for single-family homes. They offer rental services for these homes and also manage various low-income affordable housing properties. Through their efforts, Opportunity Incorporated aims to make a meaningful impact on the lives of those who need it most, helping to ensure that everyone has access to safe and affordable housing.

Impact

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




Wednesday, July 24, 2024

Opportunity Incorporated's impact lies in providing crucial affordable housing services for low-income individuals. Through the management and development of affordable housing options, the organization offers rental opportunities for single-family housing to those in need. By focusing on this essential need, Opportunity Incorporated directly contributes to improving living conditions and stability for individuals facing economic challenges in Laurinburg, NC. This support helps create a foundation for a better quality of life and a sense of security for those served by the organization.





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 2023.

  • Investment Income: $11,989
  • Program Service Revenue: $472,548
  • Gross Receipts: $484,537

    • Assets and Liabilities:
  • Total Assets: $9,489,312
  • Total Liabilities: $1,515,222
  • Net Assets: $7,974,090
  • Programs

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

    RENTAL INCOME

    Revenue

    $460,859

    MISC RELATED INCOME

    Revenue

    $11,689

    Organization Details

    Principal Officer

    Craig Ellis

    Main Address

    PO BOX 293, LAURINBURG, NC, 28353

    NTEE Category

    Code: L80Z - Housing

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