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Nonprofit · EIN 35-1820748

OPPORTUNITY APARTMENTS INC

Tax-exempt · KENDALLVILLE, IN 46755

Financials

$174K$174K2022$191K$173K2023$191K$180K2024
Revenue Expenses · by fiscal year end
Financials of OPPORTUNITY APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$190,577$180,290$10,287$450,189$645,522-$195,333
June 30, 2024990$191,033$173,213$17,820$450,123$655,744-$205,621
June 30, 2023990$174,083$174,472-$389$456,652$680,093-$223,441
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$129,071
of which government grants
$129,071
Program service revenue
$58,342
Investment income
$1,970
Other revenue
$1,194

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,695
Occupancy
$95,701
Travel
$794
Depreciation
$25,294
Program services (functional)
$125,827
Management and general (functional)
$54,463

Balance sheet and other

Total assets, start of year
$450,123
Total assets, end of year
$450,189
Total liabilities, end of year
$645,522
Net assets, end of year
-$195,333
Land, buildings and equipment
$248,092
Net assets without donor restrictions
-$195,333
Gross receipts
$190,577
Employees
0
Volunteers
2
Year formed
1990
State of legal domicile
IN

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
TERESA GREINERMEDICAL DIRECTOR
Highest-paid employee
0.5$395,602
SAMIR ISHAKPHYSICIAN
Highest-paid employee
0.5$334,741
L LAMBERTSONPHYSICIAN
Highest-paid employee
0.5$280,077
STEVE HOWELLPRESIDENT/CEO
Trustee or director, Officer
1$229,332
JACQUES POSEYDIRECTOR
Trustee or director
1$159,835
DOROTHY FUENTESSECRETARY/TREASURER
Trustee or director, Officer
1$119,904
VIRGILIA MUELLERHR DIRECTOR
Highest-paid employee
0.5$112,974
WENDY BODWELLNURSE PRACTITIONER
Highest-paid employee
0.5$108,159
REBECCA CALHOUNDIRECTOR
Trustee or director
1$0
JENNY LANDEZDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TERESA GREINERMEDICAL DIRECTOR
Highest-paid employee
0.5$0$395,009$5,148
SAMIR ISHAKPHYSICIAN
Highest-paid employee
0.5$0$321,764$12,116
MANUEL OZOAPHYSICIAN
Highest-paid employee
0.5$0$254,903$0
STEVE HOWELLPRESIDENT/CEO
Trustee or director, Officer
1$0$241,942$9,893
DOROTHY FUENTESSECRETARY/TREASURER
Trustee or director, Officer
1$0$119,904$5,148
VIRGILIA MUELLERHR DIRECTOR
Highest-paid employee
0.5$0$112,974$5,148
JERRY STONERDIRECTOR
Trustee or director
1$0$112,488$5,148
WENDY BODWELLNURSE PRACTITIONER
Highest-paid employee
0.5$0$108,159$5,148
REBECCA CALHOUNDIRECTOR
Trustee or director
1$0$0$0
JENNY LANDEZDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TERESA GREINERMEDICAL DIRECTOR
Highest-paid employee
0.5$0$379,978$1,732
SAMIR ISHAKPHYSICIAN
Highest-paid employee
0.5$0$284,862$6,378
MANUEL OZOAPHYSICIAN
Highest-paid employee
0.5$0$249,062$0
STEVE HOWELLPRESIDENT/CEO
Trustee or director, Officer
1$0$238,463$2,291
DOROTHY FUENTESSECRETARY/TREASURER
Trustee or director, Officer
1$0$116,617$1,732
VIRGILIA MUELLERHR DIRECTOR
Highest-paid employee
0.5$0$112,370$1,732
JERRY STONERDIRECTOR
Trustee or director
1$0$110,100$1,732
WENDY BODWELLNURSE PRACTITIONER
Highest-paid employee
0.5$0$103,904$172
REBECCA CALHOUNDIRECTOR
Trustee or director
1$0$0$0
JENNY LANDEZDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 817, KENDALLVILLE, IN 46755-0817
In care of
% JERYL W HOLLISTER
Principal officer (990 for 2024)
STEVE HOWELL, PO BOX 817, KENDALLVILLE, IN 46755
Signed the 990
STEVE HOWELL, PRESIDENT / CEO
Phone
(260) 347-2453
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

Mission

OPPORTUNITY APARTMENTS, INC. IS AN INDIANA NOT-FOR-PROFIT AND WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 15 UNIT APARTMENT COMPLEX IN KENDALLVILLE, INDIANA KNOWN AS OPPORTUNITY APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD THAT GOVERN THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA). IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR ELIGIBLE LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY HUD.

990 for the year ended June 30, 2025

Program accomplishments

  • OPPORTUNITY APARTMENTS, INC. IS AN INDIANA NOT-FOR-PROFIT AND WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 15 UNIT APARTMENT COMPLEX IN KENDALLVILLE, INDIANA KNOWN AS OPPORTUNITY APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD THAT GOVERN THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA). IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR ELIGIBLE LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY HUD.
    Expenses $125,827 · revenue $58,342

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
35-1820748
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)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$450,189
Income (IRS master file)
$190,577

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$190,577$180,290$450,189XML
990June 2024$191,033$173,213$450,123XML
990June 2023$174,083$174,472$456,652XML
990June 2022$175,228$184,258$480,204IRS
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 35-1820748).

Questions about OPPORTUNITY APARTMENTS INC

What is the EIN of OPPORTUNITY APARTMENTS INC?
The employer identification number (EIN) of OPPORTUNITY APARTMENTS INC is 35-1820748.
Is OPPORTUNITY APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to OPPORTUNITY APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPPORTUNITY APARTMENTS 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 OPPORTUNITY APARTMENTS 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 OPPORTUNITY APARTMENTS 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 OPPORTUNITY APARTMENTS INC?
The 990 for the year ended June 30, 2025 names STEVE HOWELL.
Who are the officers and directors of OPPORTUNITY APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 10 people; 8 received compensation from the organization, the highest $395,602 (TERESA GREINER, MEDICAL DIRECTOR).
How much revenue does OPPORTUNITY APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $190,577, expenses of $180,290 and total assets of $450,189 at year end.

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