2015-10-29T08:33:41-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2014-01-01 364382506 OPPORTUNITY TRANSFORMATION INVESTMENTS OPPO 8007939455 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 RICHARD C JOHN SECRETARY & TREASURER 8007939455 2015-10-29 1 ROBERT J NOWAK CPA MST P00527435 6305738600 2014 2016-02-25 16:41:14Z RICHARD C JOHN 550 W VAN BUREN STREET SUITE 200 CHICAGO IL 60607 6910577 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. 9 6 0 6 0 0 910336 6378928 0 0 -3152321 -6382524 548997 30000 -1692988 26404 0 0 0 0 0 139812 0 0 0 2446305 2804554 2446305 2944366 -4139293 -2917962 116984836 134156498 20530014 39909297 96454822 94247201 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 TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS SERVING THE POOR. 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 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 0 0 0 0 1 RI 0 0 0 0 0 0 0 0 X 9 6 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 & DIRECTOR 10.00 45.00 X X 0 423927 43368 BETH STEPHENSON CHAIR 2.50 2.50 X X 0 0 0 RICHARD JOHN DIRECTOR, TREASURER & SECRETARY 10.00 45.00 X X 0 170383 19800 DAVID SIMMS DIRECTOR, PRESIDENT OIUS & CHIEF DEVELOPMENT OFFIC 5.00 50.00 X X 0 304033 41603 JANE NELSON DIRECTOR 2.50 2.50 X 0 0 0 HERVE SARTEAU DIRECTOR 2.50 2.50 X 0 0 0 MARK THOMPSON DIRECTOR 2.50 2.50 X 0 0 0 PETER THORRINGTON DIRECTOR 2.50 2.50 X 0 0 0 MARK LINSZ DIRECTOR 2.50 2.50 X 0 0 0 STEVE LAVEY VICE PRESIDENT 10.00 45.00 X 0 247118 37361 DENNIS RIPLEY ASSISTANT TREASURER & SECRETARY 10.00 45.00 X 0 241146 36846 0 1386607 178978 0 0 1 0 OPPORTUNITY INTERNATIONAL INC 550 W VAN BUREN STREET 2122 YORK CHICAGO IL 60607 INVESTMENT & ADMIN SERVICES 1318929 1 6378928 6378928 501649 501649 6884173 -6884173 -6884173 -6884173 MISCELLANEOUS INCOME 522100 30000 30000 30000 26404 0 0 -6352524 139812 139812 439643 439643 219704 219704 110508 110508 879286 879286 118890 118890 35881 35881 30695 30695 907606 907606 11551 11551 25163 25163 SUPPLIES 39393 39393 TRAINING 18451 18451 MISCELLANEOUS EXPENSE 16219 16219 FOREIGN CURRENCY LOSS 15536 15536 -63972 -63972 2944366 0 2944366 0 2250774 5461839 62958 355936 15749762 29534191 0 104430 151439 11551 0 139888 98921342 98560214 116984836 134156498 2302053 929307 12500 12500 875000 875000 17340461 38092490 20530014 39909297 X 96454822 94247201 96454822 94247201 116984836 134156498 X -2917962 201409 508932 X X 0 1 X 1 0 X 9346082 11568046 21477477 910336 6378928 49680869 9346082 11568046 21477477 910336 6378928 49680869 49680869 246569 537847 938241 771734 501649 2996040 570721 40000 30000 548997 30000 1219718 53896627 0.92180 0.92720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 151439 11551 139888 139888 INVESTMENT IN ZAMBUKO PRIVATE LTD. 250000 C INVESTMENT IN OI SASL (GHANA) 7989343 C INVESTMENT IN OIBM (MALAWI) 12433654 C INVESTMENT IN SERBIA 20160192 C SUBSCRIBED STOCK RECEIVABLE 3609750 C INVESTMENT IN BANCO OPORTUNIDADE MOZAMBIQUE 4103913 C INVESTMENT IN BALKAN FUND 1260245 C INVESTMENT IN URWEGO OPPORTUNITY BANK 3663956 C INVESTMENT IN OPPORTUNITY KENYA LTD 6667066 C INVESTMENT IN OPPORTUNITY UGANDA LTD 8851898 C INVESTMENT IN OK BANK PHILIPPINES 144021 C INVESTMENT IN GROWING OPPORTUNITIES FINANCE INDIA 10484 C INVESTMENT IN OPPORTUNITY TANZANIA LTD 7931384 C INVESTMENT IN OPPORTUNITY MICROCREDIT ROMANIA - MAJORITY 2397588 C INVESTMENT IN OPPORTUNITY DRC 6000000 C INVESTMENT IN MFX 209858 C INVESTMENT IN OI COLOMBIA FINANCE COMPANY 7636220 C INVESTMENT IN OI CHINA 3989900 C INVESTMENT IN OK BANK - PREFERRED STOCK 1235000 C INVESTMENT IN SEAF OPPORTUNITY SERBIA 15742 C 98560214 X 96726307 -52247 91216801 91164554 5561753 -5535349 -5535349 26404 99255532 96311166 96311166 2944366 0 2944366 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 UNCERTAINTY 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 IDENTIFIED. PART XI, LINE 2D - OTHER ADJUSTMENTS: BANKING ACTIVITY 91,216,801. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY MISCELLANEOUS INCOME 30,000. INTERCOMPANY INTEREST INCOME 497,561. INTERCOMPANY CAPITAL LOSSES -2,374,083. REALIZED LOSSES NOT ON FINANCIALS -3,688,827. PART XII, LINE 2D - OTHER ADJUSTMENTS: BANKING ACTIVITY 96,564,822. UNREALIZED CURRRENCY EXCHANGE GAIN -253,656. PROGRAM INVESTMENTS - EAST ASIA & THE PACIFIC 0 0 PROGRAM RELATED INVESTMENTS 5368921 PROGRAM INVESTMENTS - SOUTH ASIA 0 0 PROGRAM RELATED INVESTMENTS 10484 PROGRAM INVESTMENTS - SUB-SAHARAN AFRICA 0 0 PROGRAM RELATED INVESTMENTS 57891214 PROGRAM INVESTMENTS - EUROPE 0 0 PROGRAM RELATED INVESTMENTS 23833767 PROGRAM INVESTMENTS - SOUTH AMERICA 0 0 PROGRAM RELATED INVESTMENTS 7636220 0 0 0 0 0 0 94740606 0 94740606 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 VICKI ESCARRA PRESIDENT & DIRECTOR 0 323927 0 100000 0 0 0 29750 0 13618 0 467295 0 0 RICHARD JOHN DIRECTOR, TREASURER & SECRETARY 0 170383 0 0 0 0 0 11952 0 7848 0 190183 0 0 DAVID SIMMS DIRECTOR, PRESIDENT OIUS & CHIEF DEV 0 304033 0 0 0 0 0 21473 0 20130 0 345636 0 0 STEVE LAVEY VICE PRESIDENT 0 247118 0 0 0 0 0 17500 0 19861 0 284479 0 0 DENNIS RIPLEY ASSISTANT TREASURER & SECRETARY 0 211146 0 30000 0 0 0 17133 0 19713 0 277992 0 0 MLO OPERATIONS X 91950 141728 0 1 1 ASODENIC OPERATIONS & LOAN FUNDS X 130000 130000 0 1 1 J HAMILTON X 125000 125000 0 1 1 HIGO INVESTMENTS INSTALLMENT NOTE FOR PURCHASE OF OPPORTUNITY MEXICO X 550000 550000 0 1 1 OPPORTUNITY FINANCE SOUTH AFRICA OPERATIONS & LOAN FUNDS X 1266000 0 1 1 PETER THORRINGTON GRILLE FOUNDATIO DIRECTOR GENERAL PURPOSE X 500000 500000 0 1 1 MARK THOMPSON NATIONAL CHRISTIAN F DIRECTOR GENERAL PURPOSE X 250000 250000 0 1 1 THUTHUKANI FINANCIAL SERVICES OPERATIONS & LOAN FUNDS X 1232252 1232252 0 1 1 ASPIRE OPERATIONS & LOAN FUNDS X 176666 176666 0 1 1 3105646 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 11 STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO CLIFTONLARSONALLEN LLP. CONTROLLER AND CFO OF OPPORTUNITY INTERNATIONAL AND CEO OF OTI REVIEW THE DRAFT PREPARED BY CLA AND DISCUSS COMMENTS AND QUESTIONS WITH CLA. FINAL DRAFT OF 990 IS PRESENTED TO THE OPPORTUNITY FINANCE COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, A RECOMMENDATION IS MADE TO THE OI BOARD OF DIRECTORS TO APPROVE THE 990. IF APPROVED, 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 CHIEF EXECUTIVE OFFICER. IN THE CASE OF THE CEO OR AND OTHER DIRECTORS CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD CHAIR, OR IN THE CASE OF THE BOARD CHAIR TO THE CHAIR OF THE RISK & AUDIT COMMITTEE. IF A CONFLICT OF INTEREST IS DETERMINED THE RESPONSIBLE PERSON ARE RECUSED/EXCLUDED FROM ALL DISCUSSIONS IN CONNECTION WITH THE PROPSED TRANSACTION. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CHOOSES NOT TO COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS ARE AVAILABLE ON THE OPPORTUNITY INTERNATIONAL WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OSS GHANA NET ASSET CONTRIBUTION 508,932. FORM 990, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. 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 BANK AD NOVI SAD BULEVAR OSLOBODJENJA 2A NOVI SAD SERBIA RI OTHER DEPOSITORY RI OPPORTUNITY TRANSFORMATION INVESTMENTS C 14945363 103717250 1.00000 1 BANCO OPORTUNIDADE DE MOZAMBIQUE SA AV 24 DE JULHO 4136 BAIRRO DE MALANGA MAPUTO MZ OTHER DEPOSITORY MZ OPPORTUNITY TRANSFORMATION INVESTMENTS C 2622536 8491273 0.64700 1 OPPORTUNITY INTERNATIONAL BANK OF MALAWI LTD PLOTS 046-048 OLD TOWN PRIVATE BA LILONGWE MI OTHER DEPOSITORY MI OPPORTUNITY TRANSFORMATION INVESTMENTS C 9191127 23759629 0.56600 1 URWEGO OPPORTUNITY BANK OF RWANDA SA BP 748 NYARUGENGE PLOT NO1230 AVE KIGALI RW OTHER DEPOSITORY RW OPPORTUNITY TRANSFORMATION INVESTMENTS C 3130733 12460549 0.49900 1 OPPORTUNITY KENYA LIMITED 1ST FLOOR GEOMAP CENTRE MATUMBATO NAIROBI KE OTHER DEPOSITORY KE OPPORTUNITY TRANSFORMATION INVESTMENTS C 2226789 8727068 0.88000 1 OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED NO D765/3 KWAMWE NKRUMAH AVENUE A GH OTHER DEPOSITORY GH OPPORTUNITY TRANSFORMATION INVESTMENTS C 9457192 26562223 0.64600 1 OPPORTUNITY UGANDA LIMITED PLOT 7A JOHN BABIHA AVE KOLOLO PO KAMPALA UG OTHER DEPOSITORY UG OPPORTUNITY TRANSFORMATION INVESTMENTS C 733765 22113929 0.85700 1 OPPORTUNITY TANZANIA LIMITED PLOT 320 REGENT ESTATE PO BOX 802 DAR-ES-SALAAM TZ OTHER DEPOSITORY TZ OPPORTUNITY TRANSFORMATION INVESTMENTS C 6000851 4113876 0.67500 1 OPPORTUNITY MICROCREDIT ROMANIA IFN SA NO 183 1 DECEMBRIE BLVD TARGA MURES RO OTHER DEPOSITORY RO OPPORTUNITY TRANSFORMATION INVESTMENTS C 1179012 7709860 0.66500 1 OPPORTUNITY INTERNATIONAL DRC SPRL 1527 AVENUE COLONEL MONDJIBA QUART KINSHASA/NGALIEMA CG OTHER DEPOSITORY CG OPPORTUNITY TRANSFORMATION INVESTMENTS C 2974709 6264282 1.00000 1 OPPORTUNITY INTERNATIONAL COLUMBIA SA FINANCING CO CALLE 70 7 - 30 BOGOTA CO OTHER DEPOSITORY CO OPPORTUNITY TRANSFORMATION INVESTMENTS C 2968940 24716809 0.71100 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OPPORTUNITY INTERNATIONAL INC M 1318929 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL INC C 6378928 CASH TRANSFERRED OPPORTUNITY BANK AD NOVI SAD D 7387920 CASH TRANSFERRED BANCO OPORTUNIDADE DE MOZAMBIQUE SA D 1000000 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL BANK OF MALAWI LTD D 3000000 CASH TRANSFERRED OPPORTUNITY KENYA LIMITED D 1545843 CASH TRANSFERRED URWEGO OPPORTUNITY BANK OF RWANDA SA D 280400 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL SAVINGS & LOANS LIMITED D 1123244 CASH TRANSFERRED OPPORTUNITY UGANDA LIMITED D 2000000 CASH TRANSFERRED OPPORTUNITY MICROCREDIT ROMANIA IFN SA D 2000000 CASH TRANSFERRED OPPORTUNITY INTERNATIONAL DRC SPRL D 500000 CASH TRANSFERRED