2025-11-15T15:46:39-06:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP 211 CONGRESS STREET SUITE 710 BOSTON MA 02110 990 2024-01-01 823595539 OPPORTUNITY COMMUNITIES LLC OPPO 6175458309 4 GERRISH AVE CHELSEA MA 02150 DAVID GORDON CHIEF FINANCIAL OFFICER 6175458309 2025-11-15 1 1 CHARLES A RHUDA III P00133647 6173301920 2024 2025-03-06 01:10:19Z KATHY MCGILVRAY 4 GERRISH AVE CHELSEA MA 02150 4938939 0 X WWW.OPPCOMMUNITIES.ORG X 2017 MA THE MISSION OF OPPORTUNITY COMMUNITIES LLC (OPPCO) IS EXCLUSIVELY CHARITABLE AS A FRESH ANDINNOVATIVE 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. 12 12 24 25 0 0 148055 275276 4790008 4663561 1474 102 0 0 4939537 4938939 0 0 0 0 3660832 3080302 0 0 88405 1295078 1818499 4955910 4898801 -16373 40138 1013850 864676 915309 725997 98541 138679 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 2455276 4663561 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. 2455276 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 1 55 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X DAVID GORDON 6175458309 4 GERRISH AVE CHELSEA MA 02150 CHARLENE BAUER CLERK 1.00 X X 0 0 0 SCOTT POLLACK PRESIDENT 1.00 X X 0 0 0 DAKEYA CHRISTMAS DIRECTOR 1.00 X 0 0 0 MAGGIE SUPER CHURCH VICE PRESIDENT 1.00 X X 0 0 0 SHIRRONDA ALMEIDA DIRECTOR 1.00 X 0 0 0 DAVID LINHART DIRECTOR 1.00 X 0 0 0 FRANK NITKIEWICZ TREASURER 1.00 X X 0 0 0 ALMA BALONON-ROSEN DIRECTOR 1.00 X 0 0 0 FAITH GLICKMAN ROSSI DIRECTOR 1.00 X 0 0 0 JESSICA BOATRIGHT INTERIM CEO 0.00 X X 0 0 0 ORLANDO JAQUEZ DIRECTOR 1.00 X 0 0 0 MIKKI WILSON DIRECTOR 1.00 X 0 0 0 BIL ELSBREE DIRECTOR 1.00 X 0 0 0 WILLIAM MORRISON FORMER CFO (UNTIL 3/2/24) 1.00 X 45144 0 11772 DAVID GORDON CFO (AS OF 3/3/24) 40.00 X 66603 0 13949 KATHLEEN MCGILVRAY FORMER CEO 1.00 X 193233 0 19464 NANCY TURNER SR VP, RESOURCE DEVELOPMEN 40.00 X 194531 0 49058 TAMIKA FOWLER SR VP, HUMAN RESOURCES 40.00 X 183354 0 33495 VICTORIA GRUBER CONTROLLER 40.00 X 159270 0 44163 ANNE CONWAY VP OF REAL ESTATE SYSTEMS 40.00 X 183202 0 32362 GAIL BERLINGER SVP OF DATA & LEARNING 40.00 X 185128 0 51762 1210465 0 256025 6 0 1 0 INSOURCE SERVICES INC 148 LINDEN ST WELLESLEY MA 02482 IT SERVICES 211731 1 275276 275276 MANAGEMENT SERVICE FEE 541610 4663561 4663561 4663561 102 102 4938939 4663561 0 102 X 137468 80650 53727 3091 2606279 1512568 1039955 53756 289566 48670 226120 14776 46989 10406 34214 2369 13667 13667 28825 28825 1144443 755681 376899 11863 220651 42161 177075 1415 398913 5140 392638 1135 12000 12000 4898801 2455276 2355120 88405 186147 152518 784112 669484 43591 42674 1013850 864676 534453 290326 380856 435671 915309 725997 X 98541 138679 98541 138679 1013850 864676 40138 0 X X 0 1 X 1 0 X 793515 1010047 332350 148055 275276 2559243 4734139 5981525 3576579 4790008 4663561 23745812 5527654 6991572 3908929 4938063 4938837 26305055 0 0 0 26305055 66 629 1474 102 2271 66 629 1474 102 2271 5527654 6991638 3909558 4939537 4938939 26307326 0.99990 0.99980 0.00010 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PAYROLL ADVANCE 435671 435671 4980937 41998 41998 4938939 0 4938939 4995614 41998 54815 96813 4898801 0 4898801 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE AGENCY AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INFORMATION/TAX RETURNS FILED BY THE AGENCY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATION/TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 NANCY TURNER SR VP, RESOURCE DEVELOPMEN 194531 0 0 0 0 0 10950 0 38108 0 243589 0 0 0 GAIL BERLINGER SVP OF DATA & LEARNING 185128 0 0 0 0 0 7019 0 44743 0 236890 0 0 0 TAMIKA FOWLER SR VP, HUMAN RESOURCES 183354 0 0 0 0 0 4949 0 28546 0 216849 0 0 0 ANNE CONWAY VP OF REAL ESTATE SYSTEMS 183202 0 0 0 0 0 2055 0 30307 0 215564 0 0 0 KATHLEEN MCGILVRAY FORMER CEO 193233 0 0 0 0 0 0 0 19464 0 212697 0 0 0 VICTORIA GRUBER CONTROLLER 159270 0 0 0 0 0 18739 0 25424 0 203433 0 0 0 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 990 TO THE BOARD OF DIRECTORS OF THE ORGANIZATION FOR REVIEW. ALL DESIRED CHANGES ARE COMMUNICATED TO THE TAX PREPARER 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 POLICY 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. 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 OTHER: PROGRAM SERVICE EXPENSES 755,681. MANAGEMENT AND GENERAL EXPENSES 376,899. FUNDRAISING EXPENSES 11,863. TOTAL EXPENSES 1,144,443. FORM 990, PART XII, LINE 2C: NO CHANGE