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Nonprofit · EIN 23-7109952

OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC

Tax-exempt · PHILADELPHIA, PA 19106

Financials

$13.6M$9.3M2022$17.6M$12.5M2023$8.2M$12.6M2024
Revenue Expenses · by fiscal year end
Financials of OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,221,164$12,604,492-$4,383,328$9,237,405$3,879,062$5,358,343
June 30, 2024990$17,551,240$12,495,950$5,055,290$13,846,567$4,104,896$9,741,671
June 30, 2023990$13,587,422$9,321,633$4,265,789$7,925,111$3,239,390$4,685,721
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,382,366
Membership dues
$61,630
Program service revenue
$4,692,346
Investment income
$113,534
Net gain from sales of assets
-$4,809
Other revenue
$32,918

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$3,794,592
Salaries, compensation and benefits (total)
$4,716,342
Professional fundraising fees
$0
Legal fees
$39,694
Occupancy
$214,992
Program services (functional)
$11,401,048
Management and general (functional)
$1,203,444

Balance sheet and other

Total assets, start of year
$13,846,567
Total assets, end of year
$9,237,405
Total liabilities, end of year
$3,879,062
Net assets, end of year
$5,358,343
Publicly traded securities
$3,078,788
Net assets without donor restrictions
$5,358,343
Gross receipts
$8,225,973
Employees
52
Volunteers
0
Year formed
1971
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES TALTONCHAIR
Trustee or director, Officer
1$0
JACINDA ADAMSDIRECTOR
Trustee or director
1$0
NICHOLE BARNES-MARSHALLDIRECTOR
Trustee or director
1$0
REUBEN BLACKWELLDIRECTOR
Trustee or director
1$0
JOYCE CHESTERDIRECTOR
Trustee or director
1$0
GREG CUNNINGHAMDIRECTOR
Trustee or director
1$0
WILLIAM DIGGSDIRECTOR
Trustee or director
1$0
ALLISON GREEN-JOHNSONDIRECTOR
Trustee or director
1$0
RONALD HARPERDIRECTOR
Trustee or director
1$0
JOHN HOWEDIRECTOR
Trustee or director
1$0
DIMITRIUS HUTCHERSONDIRECTOR
Trustee or director
1$0
PIERCE KEATINGDIRECTOR
Trustee or director
1$0
JOE MCFERRIN IIDIRECTOR
Trustee or director
1$0
DELORES SHELTONDIRECTOR
Trustee or director
1$0
PAUL SWEENDIRECTOR
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
DR HERMAN WALKERDIRECTOR
Trustee or director
1$0
REV ALYN WALLERDIRECTOR
Trustee or director
1$0
LINDA WHITEDIRECTOR
Trustee or director
1$0
KEITH WYCHEDIRECTOR
Trustee or director
1$0
LOUIS J KING IIPRESIDENT AND C.E.O.
Officer
37.5$0
STEVEN THOMASCHIEF OF STAFF
Officer
37.5$0
990 for the year ended June 30, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
LOUIS J KING IIPRESIDENT AND C.E.O.
Officer
37.5$329,284$54,517
STEVEN THOMASCHIEF OF STAFF
Highest-paid employee
37.5$182,596$0
JAMES TALTONCHAIR
Trustee or director, Officer
1$0$0
JACINDA ADAMSDIRECTOR
Trustee or director
1$0$0
NICHOLE BARNES-MARSHALLDIRECTOR
Trustee or director
1$0$0
REUBEN BLACKWELLDIRECTOR
Trustee or director
1$0$0
JOYCE CHESTERDIRECTOR
Trustee or director
1$0$0
GREG CUNNINGHAMDIRECTOR
Trustee or director
1$0$0
WILLIAM DIGGSDIRECTOR
Trustee or director
1$0$0
ALLISON GREEN-JOHNSONDIRECTOR
Trustee or director
1$0$0
RONALD HARPERDIRECTOR
Trustee or director
1$0$0
JOHN HOWEDIRECTOR
Trustee or director
1$0$0
DIMITRIUS HUTCHERSONDIRECTOR
Trustee or director
1$0$0
PIERCE KEATINGDIRECTOR
Trustee or director
1$0$0
JOE MCFERRIN IIDIRECTOR
Trustee or director
1$0$0
DELORES SHELTONDIRECTOR
Trustee or director
1$0$0
PAUL SWEENDIRECTOR
Trustee or director
1$0$0
DR HERMAN WALKERDIRECTOR
Trustee or director
1$0$0
REV ALYN WALLERDIRECTOR
Trustee or director
1$0$0
LINDA WHITEDIRECTOR
Trustee or director
1$0$0
KEITH WYCHEDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
LOUIS J KING IIPRESIDENT AND C.E.O.
Officer
37.5$255,277$12,913
DANA RAPOPORTPRINCIPAL
Highest-paid employee
37.5$111,045$13,808
STEVEN THOMASCHIEF OF STAFF
Highest-paid employee
37.5$118,058$6,278
JAMES TALTONCHAIR
Trustee or director, Officer
1$0$0
JOE MCFERRIN IIFIRST VICE-CHAIR
Trustee or director, Officer
1$0$0
LINDA WHITETREASURER
Trustee or director, Officer
1$0$0
RONALD HARPERSECRETARY
Trustee or director, Officer
1$0$0
JACINDA ADAMSDIRECTOR
Trustee or director
1$0$0
NICHOLE BARNES-MARSHALLDIRECTOR
Trustee or director
1$0$0
JOYCE CHESTERDIRECTOR
Trustee or director
1$0$0
GREG CUNNINGHAMDIRECTOR
Trustee or director
1$0$0
DIMITRIUS HUTCHERSONDIRECTOR
Trustee or director
1$0$0
PIERCE KEATINGDIRECTOR
Trustee or director
1$0$0
DELORES SHELTONDIRECTOR
Trustee or director
1$0$0
PAUL SWEENDIRECTOR
Trustee or director
1$0$0
DR HERMAN WALKERDIRECTOR
Trustee or director
1$0$0
REV ALYN WALLERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
520 WALNUT ST STE 1170, PHILADELPHIA, PA 19106-3602
In care of
% LOUIS J KING II
Principal officer (990 for 2024)
LOUIS J KING II, 520 WALNUT STREET 1170, PHILADELPHIA, PA 191063602
Signed the 990
DARRELL K GILES, CHIEF FINANCIAL OFFICER
Phone
(215) 236-4500
Return prepared by
GJC CPA'S & ADVISORS

Mission

TO PROVIDE EDUCATION, TRAINING, AND EMPLOYMENT SERVICES IN PHILADELPHIA, PENNSYLVANIA, AND TO PROVIDE TECHNICAL ASSISTANCE TO AFFILIATED ORGANIZATIONS NATIONWIDE, THAT WILL ENABLE ECONOMICALLY DISADVANTAGED AND UNEMPLOYED PEOPLE OF ALL RACES AND BACKGROUNDS TO BECOME PRODUCTIVE AND MORE FULFILLED MEMBERS OF AMERICAN SOCIETY

990 for the year ended June 30, 2025

Program accomplishments

  • TRAINING AND TECHNICAL ASSISTANCE - PROVIDES EDUCATION, TRAINING, AND EMPLOYMENT SERVICES THROUGH A NATIONAL NETWORK OF LOCAL AFFILIATED ORGANZIATIONS THAT WILL ENABLE ECONOMICALLY DISADVANTAGED AND UNEMPLOYED PEOPLE OF ALL RACES AND BACKGROUNDS TO BECOME PRODUCTIVE AND MORE FULFILLED MEMBERS OF AMERICAN SOCIETY
    Expenses $11,401,048 · revenue $4,725,264

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7109952
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Group exemption
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P200)
Group exemption
9180
Assets (IRS master file)
$9,237,405
Income (IRS master file)
$8,225,973

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,221,164$12,604,492$9,237,405IRS
990June 2024$17,551,240$12,495,950$13,846,567IRS
990June 2023$13,587,422$9,321,633$7,925,111XML
990June 2022$7,427,143$7,528,192$1,588,093IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7109952).

Questions about OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC

What is the EIN of OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC?
The employer identification number (EIN) of OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC is 23-7109952.
Is OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC?
The 990 for the year ended June 30, 2025 names LOUIS J KING II.
Who are the officers and directors of OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC?
The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does OPPORTUNITIES INDUSTRIALIZATION CENTER OF AMERICA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,221,164, expenses of $12,604,492 and total assets of $9,237,405 at year end.

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