Opportunity Village Foundation

Organization Overview

Opportunity Village Foundation is located in Las Vegas, NV. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Opportunity Village Foundation employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opportunity Village Foundation 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 06/2022, Opportunity Village Foundation generated $10.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $38.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPPORTUNITY VILLAGE FOUNDATION RAISES FUNDS THROUGH VARIOUS FUNDRAISING EFFORTS, SUCH AS, THE MAGICAL FOREST AND THE LAS VEGAS GREAT SANTA RUN. THESE FUNDS ARE USED TO SERVE PEOPLE OF NEVADA WITH INTELLECTUAL DISABILITIES BY ENHANCING THEIR LIVES AND THE LIVES OF THEIR FAMILIES. CAPITAL CAMPAIGNS ARE UNDERTAKEN TO PROVIDE THE FACILITIES AND ONGOING OPERATING DOLLARS FOR THESE PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPPORTUNITY VILLAGE FOUNDATION PROVIDES MILLIONS OF DOLLARS EACH YEAR IN OPERATING SUBSIDIES FOR OPPORTUNITY VILLAGE THAT ENABLE OPPORTUNITY VILLAGE TO SERVE PEOPLE WITH INTELLECTUAL DISABILITIES BY PROVIDING VOCATIONAL TRAINING, COMMUNITY EMPLOYMENT, DAY SERVICES, ADVOCACY, AND ARTS AND SOCIAL RECREATION.


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Board, Officers & Key Employees

Name (title)Compensation
West Allen
Chairperson
$0
John Cannito
2nd Vice Cha
$0
Sheila Delutri
1st Vice Cha
$0
Debra Mele-Blanchard
Past Chairpe
$0
Mike Morrissey
Secretary
$0
Scott Nielson
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kga Architecture
Construction
$267,414
Jma Architecture Studios
Construction
$253,561
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,583,046
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,587,945
Noncash contributions included in lines 1a–1f $38,230
Total Revenue from Contributions, Gifts, Grants & Similar$5,170,991
Total Program Service Revenue$0
Investment income $1,805,324
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,976,204
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,952,519

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Opportunity Village Foundation has recieved totaling $122,380.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$70,000
Nevada Community Foundation Inc

Las Vegas, NV

PURPOSE: CHARITABLE

$17,132
Eleanor Hutchinson Parker Foundation Inc

San Diego, CA

PURPOSE: GENERAL

$12,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$11,000
R&r Partners Foundation Inc

Las Vegas, NV

PURPOSE: TO FURTHER THE FOUNDATIONS' INITIATIVE TO SUPPORT OTHER CHARITABLE ORGANIZATIONS.

$6,500
The Central National-Gottesman Foundation

Purchase, NY

PURPOSE: GENERAL PURPOSE

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,325,087
Earnings-$1,249,521
Net Contributions$69,000
Ending Balance$7,144,566

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