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Opportunity Builders A Not For Profit Development Corporation

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

EIN: 770381783 ✦ Oakdale, CA ✦ Designated as a 501(c)(3)

Overview

What is Opportunity Builders A Not For Profit Development Corporation?

Opportunity Builders A Not-For-Profit Development Corporation is a charitable organization based in Oakdale, California. With a mission to provide affordable housing and services, they have constructed and leased over 1,000 housing units, thereby offering accommodations to over 2,000 low-income residents. The organization is actively involved in more than a dozen affordable housing collaborations, overseeing social services within these partnerships. With a team of three dedicated individuals, Opportunity Builders continues to strive towards enhancing affordable living options for individuals with limited financial resources.


Official website here: www.opportunitybuilders.org

Is Opportunity Builders A Not For Profit Development Corporation legitimate?

Opportunity Builders A Not For Profit Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Builders A Not For Profit Development Corporation 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: $60,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,678

For more financial information, click here


Official website here: www.opportunitybuilders.org

What is the mission statement of Opportunity Builders A Not For Profit Development Corporation?

Opportunity Builders A Not-for-Profit Development Corporation is committed to providing a mission of affordable housing and services to low-income individuals. The organization has constructed and leased over a thousand units, thereby offering housing to over 2,000 low-income residents. In addition to offering housing, Opportunity Builders is actively involved in over a dozen affordable housing partnerships, where it not only builds housing but also oversees social services within these collaborations.


Official website here: www.opportunitybuilders.org

Who is the CEO of Opportunity Builders A Not For Profit Development Corporation?

Eric D Kjeldgaard is the President And Executive Di of Opportunity Builders A Not For Profit Development Corporation.


Official website here: www.opportunitybuilders.org

What is the revenue of Opportunity Builders A Not For Profit Development Corporation?

Opportunity Builders A Not For Profit Development Corporation's revenue in 2022 was $461,531.


Official website here: www.opportunitybuilders.org

Who are the executives of Opportunity Builders A Not For Profit Development Corporation and what are their salaries?

The average compensation at Opportunity Builders A Not For Profit Development Corporation during 2022 was $53,884. There are 3 employees at Opportunity Builders A Not For Profit Development Corporation.

Here are 4 key members and their salaries:

    Eric D Kjeldgaard (President And Executive Di) [Trustee/Director]
  • Compensation: $60,973
  • Related: $0
  • Other: $0

    • Chris Delposen (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Krispin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Fletcher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.opportunitybuilders.org

    Where can I find the form 990 for Opportunity Builders A Not For Profit Development Corporation?

    The Opportunity Builders A Not For Profit Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.opportunitybuilders.org

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

    Mission Statement of Opportunity Builders A Not For Profit Development Corporation

    Opportunity Builders, a not-for-profit development corporation, is dedicated to providing a crucial service to low-income individuals. Their mission, in essence, is to offer affordable housing and accompanying services. This organization has demonstrated its commitment by constructing and leasing over a thousand units, thereby providing affordable housing to over 2,000 residents. Beyond just housing, Opportunity Builders is actively involved in 12 affordable housing partnerships, where they not only construct residences but also oversee the implementation and management of social services within these partnerships. This holistic approach to affordable housing ensures that the residents not only have a roof over their heads but also have access to necessary support services, thereby improving their overall quality of life.

    Impact

    This information is meant to be a general summary of Opportunity Builders A Not For Profit Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Opportunity Builders A Not For Profit Development Corporation has made a significant impact by providing over one thousand units of affordable housing to low-income individuals in Oakdale, CA. This initiative has positively impacted the lives of over 2,000 residents by offering them a safe and stable living environment. Additionally, the organization's involvement in over 12 affordable housing partnerships demonstrates its commitment to creating and overseeing social services that further support the well-being of residents in these communities. Through these efforts, Opportunity Builders contributes to addressing the critical need for affordable housing and improving the quality of life for low-income individuals in the area.





    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: $235,680
  • Program Service Revenue: $225,851
  • Gross Receipts: $461,531

    • Assets and Liabilities:
  • Total Assets: $9,867,412
  • Total Liabilities: $3,570,597
  • Net Assets: $6,296,815
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $91,272

    DEVELOPER FEES

    Revenue

    $49,671

    PARTNERSHIP MANAGEMENT

    Revenue

    $46,545

    TAX CREDIT COMPLIANCE

    Revenue

    $38,363

    Organization Details

    Founding Year

    1994

    Principal Officer

    Eric D Kjeldgaard

    Main Address

    PO BOX 37, OAKDALE, CA, 95361

    NTEE Category

    Code: L20 - Housing

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