2018-11-15T17:36:19-06:00 2017-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 205 N MICHIGAN AVE 2800 CHICAGO IL 606015927 990 2017-01-01 364382506 OPPORTUNITY TRANSFORMATION INVESTMENTS OPPO 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 DAVID WIEGMAN TREASURER 8007939455 2018-11-14 1 MARK HEROUX P00959793 3127298000 2018-11-14 38.88.202.179 2018-11-14 15:26:02 CS P 08762F0D18350026DDFD606973AA7C1F94B48541 0882A3BD3791635C134A938B8FF3C2B174769BAB 2017 2019-02-21 02:37:17Z DAVID WIEGMAN 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 1811612 0 X WWW.OPPORTUNITY.ORG X 2000 IL TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICRO-FINANCE INSTITUTIONS SERVING THE POOR. X 7 5 0 6 0 0 438535 815732 422471 0 -30387947 -22417396 144455 0 -29382486 -21601664 0 0 0 0 330955 0 0 0 0 3374813 2462546 3705768 2462546 -33088254 -24064210 79794859 53905212 22872024 23006924 56922835 30898288 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 2462546 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MCRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MCROFINANCE INSTITUTIONS SERVING THE POOR. 2462546 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 1 0 1 1 1 0 0 1 0 0 0 0 1 GH NL UK 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X OPPORTUNITY INTERNATIONAL INC 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 VICKI ESCARRA PRESIDENT THROUGH AUGUST 2017 5.00 40.00 X X 0 210572 29559 ATUL TANDON PRESIDENT AS OF AUGUST 2017 5.00 40.00 X X 0 397229 26745 DAVID WIEGMAN SECRETARY & TREASURER 10.00 45.00 X 0 142516 37068 BETH STEPHENSON CHAIR 3.00 3.00 X 0 0 0 JANE NELSON DIRECTOR 3.00 3.00 X 0 0 0 HERVE SARTEAU 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 RONALD GRAY ASSISTANT SECRETARY & TREASURER 10.00 40.00 X 0 276250 48930 DENNIS WALLESTAD VICE PRESIDENT THROUGH JANUARY 2017 10.00 45.00 X 0 6057 16547 0 1032624 158849 0 0 1 0 OPPORTUNITY INTERNATIONAL INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 ADMINISTRATIVE AND ADVISORY SERVICES 795252 1 815732 815732 814821 814821 181057 2 295302 23117974 -114245 -23117972 -23232217 -23232217 -21601664 0 0 -22417396 265084 265084 303140 303140 137875 137875 539727 539727 39862 39862 1937 1937 1315 1315 3562 3562 1107177 1107177 59038 59038 INCOME TAX - OTI BV 3829 3829 2462546 2462546 0 0 3006635 446166 55689 202493 8254529 7815211 89937 98042 68388069 45343300 79794859 53905212 2268120 3110641 1062429 1210257 19541475 18686026 22872024 23006924 X 56922835 30898288 56922835 30898288 79794859 53905212 X -24064210 1426 -1961763 X X 0 1 X 1 0 X 910336 5869996 11154709 438535 815732 19189308 910336 5869996 11154709 438535 815732 19189308 19189308 771734 501649 1011688 890113 814821 3990005 548997 30000 42500 621497 23800810 1209766 0.80620 0.89320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2013 AMOUNT: $ 548,997. 2014 AMOUNT: $ 30,000. 2015 AMOUNT: $ 42,500. 0 INVESTMENT IN OI SASL (GHANA) 9439978 C INVESTMENT IN OB SERBIA 22450032 C INVESTMENT IN OPPORTUNITY UGANDA LTD 2898204 C INVESTMENT IN GROWING OPPORTUNITIES FINANCE INDIA 24004 C INVESTMENT IN BALKAN FUND 32870 C INVESTMENT IN MFX 232733 C INVESTMENT IN OI COLOMBIA FINANCE COMPANY 8853333 C INVESTMENT IN OI CHINA 2446082 C INVESTMENT IN SEAF OPPORTUNITY SERBIA 107820 C INVESTMENT IN DIA VIKAS 2202792 C REDEEMABLE NONCONTROLLING INTEREST 868016 C ALLOWANCE FOR LOSS ON INVESTMENTS -4212564 C 45343300 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 2446082 PROGRAM INVESTMENTS - SOUTH ASIA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 2226796 PROGRAM INVESTMENTS - SUB-SAHARAN AFRICA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENT IN MICROFINANCE INSTITUTIONS 12338182 PROGRAM INVESTMENTS - EUROPE 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 22590721 PROGRAM INVESTMENTS - SOUTH AMERICA 0 0 PROGRAM RELATED INVESTMENTS INVESTMENTS IN MICROFINANCE INSTITUTIONS 8853333 0 0 0 0 0 0 48455114 0 48455114 0 0 1 0 0 0 X 0 0 X X 0 0 0 0 0 0 0 0 0 VICKI ESCARRA PRESIDENT THROUGH AUGUST 2017 0 200000 0 0 0 10572 0 25866 0 3693 0 240131 0 0 ATUL TANDON PRESIDENT AS OF AUGUST 2017 0 360000 0 27944 0 9285 0 10782 0 15963 0 423974 0 0 DAVID WIEGMAN SECRETARY & TREASURER 0 142516 0 0 0 0 0 15164 0 21904 0 179584 0 0 RONALD GRAY ASSISTANT SECRETARY & TREASURER 0 276250 0 0 0 0 0 25862 0 23068 0 325180 0 0 PART I, LINE 1B OTHER TAXABLE INCOME (RELOCATION BENEFIT) WAS GROSSED UP PER EMPLOYMENT OFFER LETTER PART I, LINE 3 COMPENSATION IS PAID BY RELATED PARTIES, OPPORTUNITY INTERNATIONAL, INC. AND OPPORTUNITY, INC. THEY USE THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE BETH F J STEPHENSON 2005 TRUST DIRECTOR SERBIA X 125000 121026 0 1 1 SCOTT G STEPHENSON 2005 TRUST HUSBAND OF DIRECTOR SERBIA X 125000 121026 0 1 1 HERVE SARTEAU DIRECTOR SERBIA X 1000000 968205 0 1 1 1210257 OWNERSHIP INTEREST IN OPPORTUNITY INTERNATIONAL BANK OF MALAWI, LTD. 2017-08-18 1 SALES PRICE FIRST MERCHANT BANK PLC LIVINGSTONE TOWERS GLYN JONES BLANTYRE MI OWNERSHIP INTEREST IN OPPORTUNITY MICROCREDIT ROMANIA IFN S.A. 2017-12-29 1 SALES PRICE DANUBE CAPITAL SRL STR BUZESTI 50-52 E SECTORUL RO 0 0 0 0 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 -1,136,885. LOSS ON FOREIGN EXCHANGE TRANSACTIONS -824,878. FORM 990, 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 INC 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 611748401 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 7571768 144107890 1.00000 1 OPPORTUNITY INTERNATIONAL BANK OF MALAWI LTD PLOTS 046-048 OLD TOWN PRIVATE BA LILONGWE MI OTHER DEPOSITORY MI OPPORTUNITY TRANSFORMATION INVESTMENTS C 368485 1 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED NO D765/3 KWANWE NKRUMAH AVENUE ACCRA GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C 436184 35898250 0.76080 1 OPPORTUNITY INTERNATIONAL COLOMBIA SA FINANCING CO CALLE 70 7-30 BOGOTA CO OTHER DEPOSITORY CO OPPORTUNITY TRANSFORMATION INVESTMENTS C -2903649 30779436 0.73870 1 OPPORTUNITY TRANSFORMATION INVESTMENTS BV STRAWINSKYLAAN 3127 AMSTERDAM NL AQUIRE INTERESTS IN ENTITIES AND PROPERTY INCLUDING INTELLECTUAL PROPERTY NL OPPORTUNITY TRANSFORMATION INVESTMENTS C 18723 5059040 1.00000 0 OPPORTUNITY SHARED SERVICES LTD D765/3 KWAME ACCRA GH COMPUTER SERVICES TO OPPORTUNITY BANKS GH OPPORTUNITY TRANSFORMATION INVESTMENTS C 15365 1.00000 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OPPORTUNITY INTERNATIONAL INC C 815732 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL INC M 265084 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL INC M 530168 CASH TRANSFERRED OPPORTUNITY MICROCREDIT ROMANIA IFN SA D 641333 CASH TRANSFERRED OPPORTUNITY TRANSFORMATION INVESTMENTS BV D 4326960 CASH TRANSFERRED