2024-02-15T18:55:41-06:00 2022-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-01-01 823595539 OPPORTUNITY COMMUNITIES LLC OPPO 6175458309 4 GERRISH AVE CHELSEA MA 02150 KATHLEEN MCGILVRAY CHIEF EXECUTIVE OFFICER 6175458309 2024-02-15 1 KATHLEEN MCGILVRAY 999009999 1 JOLANTA TUCK CPA P01340068 7813803520 2024-02-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHLEEN MCGILVRAY 4 GERRISH AVE CHELSEA MA 02150 3909558 0 X WWW.OPPCOMMUNITIES.ORG X 2017 MA THE MISSION OF OPPORTUNITY COMMUNITIES LLC (OPPCO) IS EXCLUSIVELY CHARITABLE AS A FRESH AND INNOVATIVE BUSINESS MODEL THAT SOLVES A FUNDAMENTAL STRUCTURAL CHALLENGE: RETAINING LOCAL CONTROL OF RESOURCES AND ASSETS, THAT ARE CONTINUALLY REINVESTED BACK INTO THE COMMUNITY, WHILE BENEFITING FROM THE EFFICIENCY AND EFFECTIVENESS OF A LARGER SCALE ENTITY. 9 9 28 7 0 0 1010047 332350 5981525 3576579 66 629 0 0 6991638 3909558 0 0 0 0 4939588 3080387 0 0 354809 1911220 1050289 6850808 4130676 140830 -221118 1253175 860101 1225176 1053220 27999 -193119 X THE MISSION OF OPPORTUNITY COMMUNITIES LLC (OPPCO) IS EXCLUSIVELY CHARITABLE AS A FRESH AND INNOVATIVE BUSINESS MODEL THAT SOLVES A FUNDAMENTAL STRUCTURAL CHALLENGE: RETAINING LOCAL CONTROL OF RESOURCES AND ASSETS, THAT ARE CONTINUALLY REINVESTED BACK INTO THE COMMUNITY, WHILE BENEFITING FROM THE EFFICIENCY AND EFFECTIVENESS OF A LARGER SCALE ENTITY. 0 0 1677629 3576579 MANAGEMENT SERVICES: OPPCO MEMBERS BENEFIT FROM SHARED ADMINISTRATION-FINANCIAL MANAGEMENT, HUMAN RESOURCES, OPERATIONS, DATA AND EVALUATION-AND PROGRAMMATIC CAPACITY IN AREAS THAT BENEFIT FROM SCALE AND TECHNICAL CAPACITY INCLUDING REAL ESTATE DEVELOPMENT, ASSET MANAGEMENT, AND TENANT SERVICES. 1677629 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X WILLIAM MORRISON 6175458309 4 GERRISH AVE CHELSEA MA 02150 CHARLENE BAUER PRESIDENT 1.00 X X 0 0 0 SCOTT POLLACK VICE PRESIDENT 1.00 X X 0 0 0 DAKEYA CHRISTMAS CLERK 1.00 X X 0 0 0 BILL ELSBREE TREASURER 1.00 X X 0 0 0 FAYE DOOKHARAN MEMBER MANAGER 1.00 X 0 0 0 MAGGIE SUPER CHURCH MEMBER MANAGER 1.00 X 0 0 0 SHIRRONDA ALMEIDA DIRECTOR 1.00 X 0 0 0 DAVID LINHART DIRECTOR 1.00 X 0 0 0 ALFONSO SIRA DIRECTOR 1.00 X 0 0 0 ANN HOUSTON CHIEF EXECUTIVE OFFICER 40.00 X 180634 0 34558 WILLIAM MORRISON CHIEF FINANCIAL OFFICER 40.00 X 160361 0 42344 TAMIKA FOWLER VP, HUMAN RESOURCES 40.00 X 128128 0 23289 WILLIAM GORDON SR VP OF REAL ESTATE AND D 40.00 X 175642 0 23128 PATRICK DOBER SR VP OF ASSET MANAGEMENT 40.00 X 118233 0 13042 MARY COONAN SR VP OF LEARNING & EVAL 40.00 X 113611 0 28816 876609 0 165177 6 0 1 0 INSOURCE SERVICES INC 148 LINDEN ST WELLESLEY MA 02482 IT SERVICES 168477 1 332350 332350 MANAGEMENT SERVICE FEE 541610 3576579 3576579 3576579 629 629 3909558 3576579 0 629 X 417897 337454 80443 1826621 951675 706523 168423 38067 38067 610709 152268 370193 88248 187093 95168 74230 17695 7345 7345 19285 19285 557954 440451 117503 163609 163609 302096 302096 4130676 1677629 2098238 354809 394227 645321 855389 202523 3559 12257 1253175 860101 844320 672364 380856 380856 1225176 1053220 X 27999 -193119 27999 -193119 1253175 860101 -221118 0 X 0 0 0 X 229820 157753 793515 1010047 332350 2523485 3425667 4856765 4734139 5981525 3576579 22574675 3655487 5014518 5527654 6991572 3908929 25098160 0 0 0 25098160 66 629 695 66 629 695 3872 3872 3655487 5018390 5527654 6991638 3909558 25102727 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 3,872. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PAYROLL DEPOSITS 380856 380856 X 0 0 0 0 0 0 0 0 0 ANN HOUSTON CHIEF EXECUTIVE OFFICER 180634 0 0 0 0 0 0 0 34558 0 215192 0 0 0 WILLIAM MORRISON CHIEF FINANCIAL OFFICER 160361 0 0 0 0 0 0 0 42344 0 202705 0 0 0 WILLIAM GORDON SR VP OF REAL ESTATE AND D 175642 0 0 0 0 0 0 0 23128 0 198770 0 0 0 TAMIKA FOWLER VP, HUMAN RESOURCES 128128 0 0 0 0 0 0 0 23289 0 151417 0 0 0 FORM 990. PART IV, LINE 12A: THIS 990 IS BEING PREPARED WITH THE BEST AVAILABLE INFORMATION AT THE TIME. UPON COMPLETION OF THE AUDIT, IF THERE ARE ANY SIGNIFICANT CHANGES, APPROPRIATE ACTION WILL BE TAKEN. FORM 990, PART VI, SECTION A, LINE 6 CHANGES TO OPPCO'S BYLAWS ARE MADE BY THE BOARD OF MANAGERS AND SUBJECT TO THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A OPPCO HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PROVIDES A DRAFT OF THE TAX RETURN TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE AUDITOR AND CONSIDERED FOR COMPLIANCE WITH RELEVANT TAX LAWS PRIOR TO BEING APPLIED AND THE TAX RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD EACH YEAR AND THE BOARD SIGNS OFF. ANY NEW CONTRACTS ARE REVIEWED WITH THE CONFLICT OF INTEREST IN MIND. IF ANY POTENTIAL CONFLICT ARISES IT IS REPORTED TO THE BOARD FOR DISCUSSION AND REVIEW. IN ORDER TO AVOID THE REVIEW PROCESS, ANY POTENTIAL CONTRACTS THAT MAY PRESENT THIS PROBLEM ARE TYPICALLY NOT SERIOUSLY CONSIDERED. FORM 990, PART VI, SECTION B, LINE 15 A WRITTEN EVALUATION/REVIEW OF THE CHIEF EXECUTIVE OFFICER IS PREPARED BY EACH OF THE BOARD MANAGERS AND PRESENTED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE PROCESSES AND ASSESSES THE EVALUATIONS AND PROVIDES A RECOMMENDATION ON COMPENSATION TO THE BOARD. THE BOARD MAKES THE ULTIMATE DECISION AS TO COMPENSATION BY A FULL VOTE. THE RECOMMENDATION IS BASED UPON PERFORMANCE AS WELL AS SALARY AND COMPENSATION DATA THAT IS COLLECTED FROM OTHER ORGANIZATIONS INVOLVED IN SIMILAR WORK AND ON A SIMILAR SCALE. THE CHIEF FINANCIAL OFFICER HAS AN ANNUAL PERFORMANCE REVIEW AS DO ALL EMPLOYEES. THE PERFORMANCE REVIEW IS PERFORMED BY THE CHIEF EXECUTIVE OFFICER. SEVERAL FACTORS ARE TAKEN INTO CONSIDERATION, FEEDBACK AND OBSERVATIONS FROM THE BOARD AND THE FINANCE COMMITTEE. AN INCREASE IN SALARY IS GIVEN IF WARRANTED BY JOB PERFORMANCE AND IF THE ECONOMICS OF THE ORGANIZATION AND BUDGET ALLOW FOR IT. THE SALARY IS COMPARED WITH OTHERS IN THE INDUSTRY AND GEOGRAPHIC AREA. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST AT WWW.GUIDESTAR.ORG. OPPCO'S FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 117,503. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,503. MANAGEMENT SERVICE FEES: PROGRAM SERVICE EXPENSES 440,451. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 440,451.