Nonprofit · EIN 58-1949662
OPPORTUNITY INC
Tax-exempt · LAURINBURG, NC 28353
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $738,771 | $855,460 | -$116,689 | $9,261,525 | $1,582,302 | $7,679,223 |
| June 30, 2024 | 990 | $702,018 | $880,196 | -$178,178 | $9,366,643 | $1,570,731 | $7,795,912 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $738,160
- Investment income
- $611
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $363,990
- Program services (functional)
- $623,787
- Management and general (functional)
- $231,673
Balance sheet and other
- Total assets, start of year
- $9,366,643
- Total assets, end of year
- $9,261,525
- Total liabilities, end of year
- $1,582,302
- Net assets, end of year
- $7,679,223
- Land, buildings and equipment
- $6,920,414
- Net assets without donor restrictions
- $7,679,223
- Gross receipts
- $738,771
- Employees
- 0
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL COBLE | SECRETARY Trustee or director | – | $0 |
| CATHERINE STUBBS | DIRECTOR Trustee or director | – | $0 |
| NANCY WALKER | DIRECTOR Trustee or director | – | $0 |
| CRAIG ELLIS | CHAIRMAN Officer | – | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL COBLE | SECRETARY Trustee or director | 0 | $0 |
| CATHERINE STUBBS | DIRECTOR Trustee or director | 0 | $0 |
| NANCY WALKER | DIRECTOR Trustee or director | 0 | $0 |
| CRAIG ELLIS | CHAIRMAN Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 293, LAURINBURG, NC 28353-0293
- In care of
- % NANCY F WALKER
- Principal officer (990 for 2024)
- CRAIG ELLIS, 1207 DUNBAR DRIVE, LAURINBURG, NC 28352
- Signed the 990
- CRAIG ELLIS, CHAIRMAN
- Phone
- (910) 276-2582
- Return prepared by
- GREGORY T REDMAN CPA
Mission
TO MANAGE AND DEVELOP AFFORDABLE HOUSING SERVICES FOR LOW INCOME INDIVIDUALS.
Program accomplishments
- RENTAL OF LOW INCOME SINGLE FAMILY HOUSING TO INDIVIDUALS AND MANAGEMENT SERVICES FOR LOW INCOME AFFORDABLE HOUSING.Expenses $623,787 · revenue $738,160
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1949662
- 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
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $9,261,525
- Income (IRS master file)
- $738,771
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $738,771 | $855,460 | $9,261,525 | XML |
| 990 | June 2024 | $702,018 | $880,196 | $9,366,643 | XML |
| 990 | June 2023 | $484,537 | $589,238 | $9,489,312 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 58-1949662).
Questions about OPPORTUNITY INC
- What is the EIN of OPPORTUNITY INC?
- The employer identification number (EIN) of OPPORTUNITY INC is 58-1949662.
- Is OPPORTUNITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to OPPORTUNITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OPPORTUNITY 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 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 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 INC?
- The 990 for the year ended June 30, 2025 names CRAIG ELLIS.
- Who are the officers and directors of OPPORTUNITY INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does OPPORTUNITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $738,771, expenses of $855,460 and total assets of $9,261,525 at year end.
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All nonprofits in LAURINBURG · North Carolina · Housing and shelter