Opportunities Ventures Inc

Organization Overview

Opportunities Ventures Inc is located in Winooski, VT. The organization was established in 2003. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunities Ventures Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Opportunities Ventures Inc generated $32.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.9% each year . All expenses for the organization totaled $5.2k during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE CAPITAL & FINANCIAL SERVICES TO INDIVIDUALS AND ORGANIZATIONS WITH LOW INCOME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDEPENDENCE FUND- LOANS TO VERMONTERS WITH DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Katharine Laud
President
$0
Erin Metivier
Treasurer
$0
Shanna Ratner
Secretary
$0
Charles Baker
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$32,563
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,563

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