2020-11-06T08:07:53-06:00 2019-12-31 390859910 BAKER TILLY US LLP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2019-01-01 364382506 OPPORTUNITY TRANSFORMATION INVESTMENTS INC OPPO 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 RANDY KURTZ TREASURER 8007939455 2020-10-30 1 MARK HEROUX P00959793 3127298000 2020-10-30 24.1.30.194 2020-10-30 11:16:19 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-01-29 14:40:06Z ATUL TANDON 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 641484 0 X WWW.OPPORTUNITY.ORG X 2000 IL TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT (SEE SCH O) FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICRO-FINANCE INSTITUTIONS SERVING THE POOR. 6 5 0 10 0 0 625402 97494 0 0 -357081 -2785260 883135 7226 1151456 -2680540 0 0 0 0 0 492866 0 0 0 2359574 1420909 2359574 1913775 -1208118 -4594315 47593090 41205459 17926086 15944921 29667004 25260538 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS SERVING THE POOR. 0 0 1913775 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS SERVING THE POOR. 1913775 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 0 0 0 0 1 GH NL UK NU 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARGARET TOMASIK 3124875007 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 ATUL TANDON PRESIDENT 3.00 60.00 X X 0 512100 27632 JOHN HART CHAIR 3.00 3.00 X 0 0 0 JANE NELSON DIRECTOR 3.00 3.00 X 0 0 0 MARK THOMPSON DIRECTOR 3.00 3.00 X 0 0 0 JAMES BERGMAN DIRECTOR 3.00 3.00 X 0 0 0 DAVE TOLMIE DIRECTOR 2.00 3.00 X 0 0 0 RONALD GRAY ASST. SECRETARY & TREASURE 34.00 6.00 X 0 206468 39976 RANDY KURTZ CHIEF ADMINISTRATIVE OFFICER 25.00 25.00 X 0 200000 30277 DAVID WIEGMAN SECRETARY & TREASURER 25.00 25.00 X 0 151295 34318 0 1069863 132203 0 0 1 0 OPPORTUNITY INTERNATIONAL INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 ADMINISTRATIVE AND ADVISORY SERVICES 461524 BAKER AND MCKENZIE 300 E RANDOLPH ST SUITE 5000 CHICAGO IL 60601 LEGAL AGREEMENT NEGOTIATIONS 259434 HOGAN LOVELLS INTERNATIONAL LLP HOLBOURN VIADUCT LONDON UK EC1A2FG LEGAL AGREEMENT NEGOTIATIONS 257093 3 97494 97494 90411 90411 446353 3322024 -2875671 -2875671 -2875671 MISCELLANEOUS REVENUE 900099 7226 7226 7226 -2680540 0 0 -2778034 492866 492866 188190 188190 250433 250433 99997 99997 132023 132023 1244 1244 34043 34043 3495 3495 670300 670300 41184 41184 1913775 1913775 0 0 611010 278833 31363 782551 1680434 100000 30107 7226 45240176 40036849 47593090 41205459 3537663 4132484 739563 724758 13648860 11087679 17926086 15944921 X 29667004 25260538 29667004 25260538 47593090 41205459 X -4594315 200611 -12762 X X 0 1 X 1 0 X 11154709 438535 815732 625402 97494 13131872 11154709 438535 815732 625402 97494 13131872 13131872 1011688 890113 814821 657125 90411 3464158 42500 630447 7226 680173 17276203 0.76010 0.80500 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 42,500. 2018 AMOUNT: $ 630,447. 2019 AMOUNT: $ 7,226. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN OI SASL (GHANA) 9537472 C INVESTMENT IN OB SERBIA 22450032 C INVESTMENT IN OPPORTUNITY UGANDA LTD 3466010 C INVESTMENT IN GROWING OPPORTUNITIES FINANCE INDIA 40709 C INVESTMENT IN MFX 250235 C INVESTMENT IN OI CHINA 231863 C INVESTMENT IN SEAF OPPORTUNITY SERBIA 1182770 C INVESTMENT IN DIA VIKAS 3259050 C ALLOWANCE FOR LOSS ON INVESTMENTS -1049909 C MINORITY INVESTMENT IN OIDRC -25175 C MINORITY INVESTMENT IN VF DRC 427777 C SUBSCRIBED STOCK RECEIVABLE 266015 C 40036849 X PART X, LINE 2: OTI HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 740-10 FORMERLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINITY IN INCOME TAXES. THE ONLY SIGNIFICANT TAX POSITION MANAGEMENT HAS IDENTIFIED IS THAT OF OTI'S TAX-EXEMPT STATUS. NO OTHER TAX POSITIONS, CERTAIN OR UNCERTAIN, HAVE BEEN INDENTIFIED. OTI'S U.S. OPERATIONS HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DATED DECEMBER 21, 2000 INDICATING THAT OTI IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C) (3) OF INTERNAL REVENUE CODE, AND ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR CHARITABLE ACTIVITIES. PROGRAM INVESTMENTS- EAST ASIA & THE PACIFIC 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 231863 PROGRAM INVESTMENTS - SOUTH ASIA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 3299759 PROGRAM INVESTMENTS - SUB-SAHARAN AFRICA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENT IN MICROFINANCE INSTITUTIONS 13406083 PROGRAM INVESTMENTS - EUROPE 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 23883036 0 0 0 0 0 0 40820741 0 40820741 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 0 0 0 0 0 0 0 0 0 ATUL TANDON PRESIDENT 0 368100 0 144000 0 0 0 16650 0 10982 0 539732 0 0 RONALD GRAY ASST. SECRETARY & TREASURE 0 206468 0 0 0 0 0 16116 0 23860 0 246444 0 0 RANDY KURTZ CHIEF ADMINISTRATIVE OFFICER 0 200000 0 0 0 0 0 6417 0 23860 0 230277 0 0 DAVID WIEGMAN SECRETARY & TREASURER 0 151295 0 0 0 0 0 10458 0 23860 0 185613 0 0 BETH F J STEPHENSON 2005 TRUST DIRECTOR SERBIA X 125000 72476 0 1 1 SCOTT G STEPHENSON 2005 TRUST HUSBAND OF DIRECTOR SERBIA X 125000 72476 0 1 1 HERVE SARTEAU DIRECTOR SERBIA X 1000000 579806 0 1 1 724758 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS OPPORTUNITY INTERNATIONAL, INC. (SEE SCHEDULE R, PART II). FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER, OPPORTUNITY INTERNATIONAL, INC., IS RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO BAKER TILLY VIRCHOW KRAUSE LLP. TREASURER OF OPPORTUNITY INTERNATIONAL (OI) REVIEWS THE DRAFT PREPARED BY BAKER TILLY VIRCHOW KRAUSE LLP AND DISCUSSES COMMENTS AND QUESTIONS WITH BAKER TILLY VIRCHOW KRAUSE LLP. FINAL DRAFT OF 990 IS PRESENTED TO AUDIT COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, THE 990 IS DISTRIBUTED TO THE OPPORTUNITY INTERNATIONAL BOD AND THE RETURN IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS AN ANNUAL REQUIREMENT FOR ALL EMPLOYEES AND DIRECTORS TO SIGN THE CONFLICT OF INTEREST STATEMENTS. DISCLOSURES ARE TO BE MADE BY EMPLOYEES TO THE VP OF HUMAN RESOURCES, EXCEPTIONS ARE REVIEWED BY THE CEO. IN THE CASE OF THE CEO AND OTHER DIRECTORS, CONFLICTS OF INTEREST ARE REPORTED TO THE FINANCE, RISK, AND AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED, THE RESPONSIBLE PERSON(S) ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPOSED TRANSACTION. THE FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PAID BY RELATED PARTIES AND OPPORTUNITY INTERNATIONAL, INC. USING THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEY - THE CEO'S SALARY IS APPROVED BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSET ADJUSTMENT FOR FINANCIAL STATEMENTS -12,762. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. OPPORTUNITY INTERNATIONAL INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 540907624 TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR IL 501(C)(3) LINE 7 N/A 0 OPPORTUNITY INTERNATIONAL NICARAGUA 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 470994982 ASSIST LOCAL COMMUNITIES CREATE JOBS AND BETTER LIVING CONDITIONS IL 501(C)(3) LINE 7 OPPORTUNITY TRANSFORMATION INVESTMENTS 1 OPPORTUNITY BANK AD NOVI SAD BULEVAR OSLOBODJENJA 2A NOVI SAD RI OTHER DEPOSITORY RI OPPORTUNITY TRANSFORMATION INVESTMENTS C 4358415 174556392 1.00000 1 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED NO D765/3 KWANWE NKRUMAH AVENUE ACCRA GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C 22291 35867220 0.60600 1 OPPORTUNITY TRANSFORMATION INVESTMENTS BV STRAWINSKYLAAN 3127 AMSTERDAM NL AQUIRE INTERESTS IN ENTITIES AND PROPERTY INCLUDING INTELLECTUAL PROPERTY NL OPPORTUNITY TRANSFORMATION INVESTMENTS C -26708 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OPPORTUNITY INTERNATIONAL INC C 97494 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL INC M 188190 CASH TRANSFERRED