OPPORTUNITY TRANSFORMATION INVESTMENTS INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- OPPORTUNITY TRANSFORMATION INVESTMENTS INC (EIN 36-4382506)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201123199349306497
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T14:01:27-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTON GUNDERSON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 W 22ND ST STE 1100 | AddressLine1 |
| City | OAK BROOK | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364382506 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY TRANSFORMATION INVESTMENTS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OPPO | NameControl |
| Phone | 6306454100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2122 YORK ROAD NO 150 | AddressLine1 |
| City | OAK BROOK | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD C JOHN | Name |
| Title | SECRETARY & TREASURER | Title |
| Phone | 6306454100 | Phone |
| Date Signed | 2011-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT J NOWAK CPA MST | Name |
| Phone | 6305738600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEN VANDER WEELE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2122 YORK ROAD | AddressLine1 |
| City | OAK BROOK | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14449997 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.OPPORTUNITY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICRO-FINANCE INSTITUTIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 8 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6645946 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9346082 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3400044 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4848885 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2791 | OtherRevenuePriorYear |
| Other Revenue Current Year | 255030 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 10048781 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14449997 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1676447 | OtherExpensePriorYear |
| Other Expenses Current Year | 2217872 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1676447 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2217872 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8372334 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 12232125 | RevenuesLessExpensesCY |
| Total Assets BOY | 71080173 | TotalAssetsBOY |
| Total Assets EOY | 81624228 | TotalAssetsEOY |
| Total Liabilities BOY | 12564805 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10561044 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 58515368 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 71063184 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | TO INVEST IN AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS AS THEY CONVERT FROM NONGOVERNMENTAL ORGANIZATIONS TO COMMERCIAL MICROFINANCE INSTITUTIONS. | Description |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | MJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY INTERNATIONAL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6306454100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2122 YORK ROAD SUITE 150 | AddressLine1 |
| City | OAK BROOK | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| BRAD BELL | |||||||
| CHAIRMAN | 5.00 | X | 0 | 0 | 0 | ||
| JAMES HAMILTION | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| RICHARD JOHN | |||||||
| DIRECTOR, SECRETARY, & TRE | 5.00 | X | 0 | 142557 | 22849 | X | |
| DEBBY FARRINGTON | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| DAVID SIMMS | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| KEN VANDER WEELE | |||||||
| PRESIDENT & DIRECTOR | 40.00 | X | 0 | 0 | 0 | X | |
| MARK VASELKIV | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| KADITA TSHIBAKA | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| BILL MORGENSTERN | |||||||
| DIRECTOR | 5.00 | X | 0 | 190791 | 20263 | ||
| RODNEY DAMMEYER | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| DENNIS RIPLEY | |||||||
| ASSISTANT SECRETARY | 5.00 | 0 | 171992 | 29792 | X | ||
| RD DAMMEYER | |||||||
| DIRECTOR | 5.00 | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 505340 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 72904 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| OPPORTUNITY INTERNATIONAL NETWORK | |||||
| 2122 YORK ROAD SUITE 150 | OAK BROOK | IL | 60523 | INVESTMENT ADVISORY SERVICES | 739379 |
| OPPORTUNITY INTERNATIONAL INC | |||||
| 2122 YORK ROAD SUITE 150 | OAK BROOK | IL | 60523 | ADMINISTRATIVE SERVICES | 344690 |
| BAKER AND MCKENZIE | |||||
| 130 E RANDOLPH | CHICAGO | IL | 60601 | LEGAL SERVICES | 332718 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| All Other Contributions | 9346082 | AllOtherContributions |
| Total Contributions | 9346082 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 246569 | TotalRevenueColumn |
| Exclusion | $246,569 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4602316 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4602316 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4602316 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4602316 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 522100 | BusinessCode |
| Total Revenue Column | 255030 | TotalRevenueColumn |
| Exclusion | $255,030 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 255030 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14449997 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4602316 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $501,599 | ExclusionAmount |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 344690 | Total |
| Management And General | 344690 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1181518 | Total |
| Management And General | 1181518 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128897 | Total |
| Management And General | 128897 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12011 | Total |
| Management And General | 12011 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| FOREIGN CURRENCY LOSS | 550326 | 550326 |
| TELEPHONE | 265 | 265 |
| SHIPPING | 165 | 165 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2217872 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 2217872 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3666987 | BOY |
| EOY | 4067560 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8304 | BOY |
| EOY | 357503 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19635433 | BOY |
| EOY | 20274359 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47357988 | BOY |
| EOY | 55969764 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 889647 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 411461 | BOY |
| EOY | 65395 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71080173 | BOY |
| EOY | 81624228 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114805 | BOY |
| EOY | 111044 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12450000 | BOY |
| EOY | 10450000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12564805 | BOY |
| EOY | 10561044 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58515368 | BOY |
| EOY | 71063184 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58515368 | BOY |
| EOY | 71063184 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71080173 | BOY |
| EOY | 81624228 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 12232125 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 315691 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9958510 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8923285 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7397512 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6645946 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9346082 | CurrentTaxYear |
| Total | 42271335 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9958510 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8923285 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7397512 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6645946 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9346082 | CurrentTaxYear |
| Total | 42271335 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 42271335 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13087 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 167305 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 61910 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 126367 | CurrentTaxYearMinus1Year |
| Current Tax Year | 246569 | CurrentTaxYear |
| Total | 615238 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 308441 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 122644 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus1 Year | 108925 | CurrentTaxYearMinus1Year |
| Current Tax Year | 570721 | CurrentTaxYear |
| Total | 1110731 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 43997304 | TotalSupport |
| Public Support Pertcentage170 | 0.96080 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95230 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (19 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENT IN ZAMBUKO PRIVATE LTD. | 250000 | C |
| INVESTMENT IN OI SASL (GHANA) | 4175949 | C |
| INVESTMENT IN OIBM (MALAWI) | 4534729 | C |
| INVESTMENT IN OI MEXICO | 4547755 | C |
| INVESTMENT IN SERBIA | 12930195 | C |
| DEV. FINANCE EQUITY PARTNERS | 199742 | C |
| INVESTMENT IN OPPORTUNITY FINANCE LTD, SOUTH AFRICA | 5822517 | C |
| SUBSCRIBED STOCK RECEIVABLE | 2637499 | C |
| INVESTMENT IN BANCO OPORTUNIDADE MOZAMBIQUE | 2060042 | C |
| INVESTMENT IN BALKAN FUND | 1745202 | C |
| INVESTMENT IN URWEGO OPPORTUNITY BANK | 2658309 | C |
| INVESTMENT IN OPPORTUNITY KENYA LTD | 1054662 | C |
| INVESTMENT IN OPPORTUNITY UGANDA LTD | 4547179 | C |
| INVESTMENT IN OK BANK PHILIPPINES | 757794 | C |
| INVESTMENT IN GROWING OPPORTUNITIES FINANCE INDIA | 314558 | C |
| INVESTMENT IN GOF - PREFERRED STOCK | 2036044 | C |
| INVESTMENT IN OPPORTUNITY TANZANIA LTD | 2200000 | C |
| INVESTMENT IN OPPORTUNITY MICROCREDIT ROMANIA - MAJORITY | 1497588 | C |
| INVESTMENT IN OPPORTUNITY DRC | 2000000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 55969764 | TotalOfBookValueProgramRelated |
| Total Revenue | 14449997 | TotalRevenue |
| Total Expenses | 2217872 | TotalExpenses |
| Excess Or Deficit For Year | 12232125 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 315691 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 315691 | TotalAdjustments |
| Excess Or Deficit Per FS | 12547816 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 71837869 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 315691 | NetUnrealizedGainsInvestments |
| Other Revenues | 59274734 | OtherRevenues |
| Revenue Not Rptd F990 | 59590425 | RevenueNotRptdF990 |
| Revenue Subtotal | 12247444 | RevenueSubtotal |
| Other Revenues Not Included | 2202553 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2202553 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14449997 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 73493019 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 71995899 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 71995899 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1497120 | ExpensesSubtotal |
| Other Expenses Not Included | 720752 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 720752 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2217872 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | BANKING ACTIVITY 59,274,734. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT INCOME FROM AFFILIATE 1,649,332. MISCELLANEOUS EXPENSES RECLASSED AS INCOME 553,221. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | BANKING ACTIVITY 71,995,899. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE ON DEBT ELIMINATED UPON CONSOLIDATION 167,531. MISCELLANEOUS EXPENSES RECLASSED AS INCOME 553,221. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD JOHN | |||||||||||||
| 0 | 142557 | 0 | 0 | 0 | 0 | 0 | 9509 | 0 | 13340 | 0 | 165406 | 0 | 0 |
| BILL MORGENSTERN | |||||||||||||
| 0 | 190791 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20263 | 0 | 211054 | 0 | 0 |
| DENNIS RIPLEY | |||||||||||||
| 0 | 136992 | 0 | 35000 | 0 | 0 | 0 | 10356 | 0 | 19436 | 0 | 201784 | 0 | 0 |
Schedule L IRS990ScheduleL
Loan Table LoanTable (20 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| GHANASAT | ||||||
| OPERATIONS & LOAN FUNDS | X | $1,250,000 | 1250000 | 0 | 1 | 1 |
| MLO | ||||||
| OPERATIONS | X | $91,950 | 200986 | 0 | 1 | 1 |
| OPPORTUNITY BANK MALAWI | ||||||
| OPERATIONS | X | $309,539 | 1069000 | 0 | 1 | 1 |
| OPPORTUNITY FINANCE SOUTH AFRICA | ||||||
| OPERATIONS & LOAN FUNDS | X | $1,266,000 | 800000 | 0 | 1 | 1 |
| OPPORTUNITY KENYA LTD | ||||||
| OPERATIONS & LOAN FUNDS | X | $49,549 | 3753825 | 0 | 1 | 1 |
| ASODENIC | ||||||
| OPERATIONS & LOAN FUNDS | X | $130,000 | 130000 | 0 | 1 | 1 |
| OPPORTUNITY UGANDA LTD | ||||||
| OPERATIONS & LOAN FUNDS | X | $1,000,000 | 2000000 | 0 | 1 | 1 |
| OIBM MALAWI | ||||||
| OPERATIONS & LOAN FUNDS | X | $1,000,000 | 2000000 | 0 | 1 | 1 |
| BANCO OPPORTUNITY MOZAMBIQUE | ||||||
| OPERATIONS | X | $280,489 | 0 | 0 | 1 | 1 |
| URWEGO OPPORTUNITY RWANDA | ||||||
| OPERATIONS & LOAN FUNDS | X | $347,000 | 168000 | 0 | 1 | 1 |
| OPPORTUNITY TANZANIA LTD | ||||||
| OPERATIONS & LOAN FUNDS | X | $700,000 | 460000 | 0 | 1 | 1 |
| OI AN HUI CHINA | ||||||
| OPERATIONS & LOAN FUNDS | X | $257,500 | 50000 | 0 | 1 | 1 |
| OISL (GHANA) | ||||||
| OPERATIONS & LOAN FUNDS | X | $1,000,000 | 1000000 | 0 | 1 | 1 |
| URWEGO OPPORTUNITY RWANDA | ||||||
| OPERATIONS & LOAN FUNDS | X | $1,000,000 | 0 | 0 | 1 | 1 |
| OISL (GHANA) | ||||||
| OPERATIONS & LOAN FUNDS | X | $186,000 | 1026504 | 0 | 1 | 1 |
| OPPORTUNITY UGANDA LTD | ||||||
| OPERATIONS & LOAN FUNDS | X | $200,000 | 0 | 0 | 1 | 1 |
| TSKI (PHILIPPINES) | ||||||
| OPERATIONS & LOAN FUNDS | X | $236,337 | 248411 | 0 | 1 | 1 |
| OPPORTUNITY KENYA LTD | ||||||
| OPERATIONS & LOAN FUNDS | X | $97,707 | 119613 | 0 | 1 | 1 |
| OPORTUNIDAD MICROFINANZAS MEXICO | ||||||
| OPERATIONS & LOAN FUNDS | X | $22,375 | 0 | 0 | 1 | 1 |
| OPPORTUNITY FINANCE SOUTH AFRICA | ||||||
| OPERATIONS & LOAN FUNDS | X | $200,000 | 200000 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 14476339 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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 CLIFTON GUNDERSON. CONTROLLER AND CFO OF OPPORTUNITY INTERNATIONAL AND CEO OF OTI REVIEW THE DRAFT PREPARED BY CG AND DISCUSS COMMENTS AND QUESTIONS WITH CG. 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. | |
| IT IS AN ANNUAL REQUIREMENT TO SIGN THE CONFLICT OF INTEREST STATEMENTS. ALL CONFLICTS ARE REVIEWED BY DESIGNATED BOARD MEMBERS. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE ORGANIZATION CHOOSES NOT TO COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| 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 VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 315,691. | FORM 990, PART XI, LINE 5: |
| THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XI, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (13 entries)
| Address Line1AddressForeign/AddressLine1 | CountryAddressForeign/Country | Primary ActivitiesPrimaryActivities | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Total IncomeTotalIncome | EOY AssetsEOYAssets |
|---|---|---|---|---|---|
| OPPORTUNITY BANK ALBANIA | |||||
| ALBANIA | AL | PROVIDE LOANS | AL | -3949842 | 52768360 |
| OPPORTUNITY BANK NOVI SAD | |||||
| SERBIA | RI | PROVIDE LOANS | RI | -4672277 | 67015858 |
| OPORTUNIDAD MICROFINANZAS SA DE CV | |||||
| MEXICO | MX | PROVIDE LOANS | MX | 83334 | 2406125 |
| BANCO OPORTUNIDADE DE MOCAMBIQUE SARL | |||||
| MOZAMBIQUE | MZ | PROVIDE LOANS | MZ | -759800 | 6563736 |
| OPPORTUNITY INTERNATIONAL-SAVINGS & LOAN | |||||
| GHANA | GH | PROVIDE LOANS | GH | -1179426 | 24872842 |
| OPPORTUNITY INTERNATIONAL BANK MALAWI | |||||
| MALAWI | MI | PROVIDE LOANS | MI | 986519 | 61875317 |
| URWEGO OPPORTUNITY BANK RWANDA | |||||
| RWANDA | RW | PROVIDE LOANS | RW | -550037 | 10907164 |
| OPPORTUNITY FINANCE LIMITED | |||||
| SOUTH AFRICA | SF | PROVIDE LOANS | SF | -332183 | 5704925 |
| OPPORTUNITY KENYA LIMITED | |||||
| KENYA | KE | PROVIDE LOANS | KE | -567598 | 5135401 |
| OPPORTUNITY TANZANIA LIMITED | |||||
| TANZANIA | TZ | PROVIDE LOANS | TZ | -2003611 | 3515686 |
| OPPORTUNITY UGANDA LIMITED | |||||
| UGANDA | UG | PROVIDE LOANS | UG | -939579 | 14222094 |
| OPPORTUNITY INTERNATIONAL DRC SPRL | |||||
| DEMOCRATIC REPUBLIC OF CONGO | CG | PROVIDE LOANS | CG | -332333 | 1859696 |
| OPPORTUNITY MICROCREDIT ROMANIA IFN SA | |||||
| ROMANIA | RO | PROVIDE LOANS | RO | 767072 | 16917054 |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY INTERNATIONAL INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2122 YORK ROAD | AddressLine1 |
| City | OAK BROOK | City |
| State | IL | State |
| ZIP Code | 60523 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540907624 | EIN |
| Primary Activities | TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR. | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| OPPORTUNITY INTERNATIONAL INC | |
| L | 344690 |
| OPPORTUNITY INTERNATIONAL INC | |
| C | 9346082 |