2011-11-15T14:01:16-06:00 2010-12-31 CLIFTON GUNDERSON LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2010-01-01 540907624 OPPORTUNITY INTERNATIONAL INC D/B/A OPPORTUNITY INTERNATIONAL-US OPPO 6306454100 2122 YORK ROAD NO 150 OAK BROOK IL 60523 RICHARD C JOHN 6306454100 2011-11-15 1 ROBERT J NOWAK CPA MST 6305738600 2010 2016-03-07 17:11:31Z RICHARD C JOHN 2122 YORK ROAD OAK BROOK IL 60523 79330922 0 X WWW.OPPORTUNITY.ORG X 1971 IL OPPORTUNITY INTERNATIONAL, INC., D/B/A OPPORTUNITY INTERNATIONAL-US, IS A TAX-EXEMPT, PUBLICLY SUPPORTED CHRISTIAN-BASED CORPORATION WHOSE PURPOSE IS TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR BY ASSISTING IN THE ESTABLISHMENT OF SMALL AND MICRO BUSINESSES IN DEVELOPING COUNTRIES, 26 25 144 80 0 0 36784569 16394946 65168171 59274734 -885400 2241882 1195139 1419360 102262479 79330922 9721954 14259211 0 0 10561458 10958565 0 0 6390075 80957945 85634994 101241357 110852770 1021122 -31521848 98820868 87879375 28503322 36503692 70317546 51375683 X OPPORTUNITY INTERNATIONAL, INC., D/B/A OPPORTUNITY INTERNATIONAL-US, IS A TAX-EXEMPT, PUBLICLY SUPPORTED CHRISTIAN-BASED CORPORATION WHOSE PURPOSE IS TO CREATE EMPLOYMENT AND IMPROVE INCOME FOR THE POOR BY ASSISTING IN THE ESTABLISHMENT OF SMALL AND MICRO BUSINESSES IN DEVELOPING COUNTRIES, 0 0 70194363 38576232 GRANTS FOR REVOLVING LOANS: OI PROVIDED FUNDS TO APPROX. 46 PARTNER AGENCIES IN APPROXIMATELY 28 COUNTRIES FOR SMALL BUSINESS LOANS. THESE LOANS RESULTED IN THE CREATION OF STRENGTHENING OVER 200,000 JOBS. SEE ATTACHED ANNUAL REPORT. 15731772 7731772 7731772 OI PROVIDED FUNDS FOR PARTNER AGENCIES LENDING OPERATIONS. PARTNER AGENCIES PROVIDED CONSULTING VISITS WITH POOR BORROWERS AND POOR PARTICIPANTS ATTENDED SEVERAL SMALL BUSINESS TRAINING SEMINARS. 6527439 6527439 6527439 OI PROVIDED SUPPORT TO PARTNER AGENCIES VIA THE HOME OFFICE IN CHICAGO AND REGIONAL OFFICES. SUPPORT IN THE FORM OF OVERSIGHT, OPERATIONS CONSULTING AND PARTNER AGENCY STAFF TRAINING 2735. 9346082 9346082 9346082 OI GRANTED FUNDS TO AFFILIATE OPPORTUNITY TRANSFORMATION INVESTMENTS, INC. 9346082 9346082 9346082 101799656 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 1 0 1 0 0 0 1 1 1 1 0 0 1 81 0 1 144 1 0 1 RP 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA CT GA IL KS KY ME MD MA MI MN MS NJ NM NY NC OH OR PA RI SC TN VA WA WI AZ FL NH CO X X RICHARD C JOHN 6302424108 2122 YORK ROAD OAK BROOK IL 60523 BRADLEY BELL 5.00 X 0 0 0 JILL DAILEY SMITH 5.00 X 0 0 0 DAWN FELLER 5.00 X 0 0 0 BETTY JANE HESS 5.00 X 0 0 0 JULIE HINDMARSH 5.00 X 0 0 0 RICHARD HOEFS 5.00 X 0 0 0 JOHN MCKAY 5.00 X 0 0 0 JEFFREY S MEYER 5.00 X 0 0 0 THEODORE D MOSER 5.00 X 0 0 0 BETSY S PERDUE 5.00 X 0 0 0 DEBORAH A FARRINGTON 5.00 X 0 0 0 PETER THORRINGTON 5.00 X 0 0 0 MARK VASELKIV 5.00 X 0 0 0 SUSAN GILLETTE 5.00 X 0 0 0 DAVID L SIMMS 5.00 X 0 0 0 TERRENCE A WATSON 5.00 X 0 0 0 STEVE D COSLER 5.00 X 0 0 0 KADITA TSHIBAKA 5.00 X X 0 0 0 JESSICA JACKLEY 5.00 X 0 0 0 NATHANIEL SUTTON 5.00 X 0 0 0 MARK A THOMPSON 5.00 X 0 0 0 RODNEY DAMMEYER 5.00 X 0 0 0 SANDRA DAVIS 5.00 X 0 0 0 JIM HAMILTON 5.00 X 0 0 0 PETER KING 5.00 X 0 0 0 BILL MORGENSTERN 55.00 X X 190791 0 20263 DENNIS W RIPLEY 55.00 X X 171992 0 29792 RICHARD C JOHN 55.00 X X 142557 0 22849 RONALD C NORGLE 55.00 X 88500 0 6339 MARK K LUTZ 55.00 X 165591 0 20932 CHARLENE CALDWELL 55.00 X 145753 0 18619 DAVID M KNIBBE 55.00 X 160473 0 30135 CONNIE STRYJAK 55.00 X 131014 0 22178 MICHAEL GALLAGHER 55.00 X 129136 0 27240 1325807 0 198347 22 0 1 0 KPMG LLP 302 E WACKER DR CHICAGO IL 60601 AUDITING SERVICES 201180 DR YSP THORAT 226 TARABAI PK KOLHAPUR IN CONSULTING 142287 TWO DEGREES LLC PO BOX 84904 SEATTLE WA 98124 CONSULTING 141462 COSMUS JUMA KOWUCHE PO BOX 25957 NAIROBI KE CONSULTING 140033 DIPANKAR MAHALANOBIS PO BOX 7132 KAMPALA UG CONSULTING 133368 13 1627328 14767618 1428303 16394946 MICRO FINANCE REVENUE 522100 59274734 59274734 59274734 754451 754451 1487431 1487431 1487431 1487431 OTHER INCOME 522100 1419360 1419360 1419360 79330922 62181525 0 754451 14259211 14259211 10958565 4722551 1245591 4990423 3734073 3400619 185197 148257 569966 273343 249963 46660 1528478 775589 121862 631027 180993 56325 69170 55498 10437988 10366088 71900 481670 143949 337721 102170 69190 31980 1000 OTI BANKING OPERATING E 49838638 49838638 PROVISION FOR LOAN LOSS 9584290 9584290 0 0 GOVERNMENT AGREEMENT CL 8000000 8000000 DONOR ADVISED GRANT EXP 697116 697116 0 0 SUPPLIES & OTHER OFFICE 669645 268123 250422 151100 -190033 -655376 99233 366110 110852770 101799656 2663039 6390075 38476118 37742587 41476096 28002257 1449520 15473325 17627674 1664025 728068 2483002 1758742 1085395 724260 505591 483328 140318 1121681 98820868 87879375 7444584 19927143 43091 30199 325000 21015647 16221350 28503322 36503692 X 4112483 -681979 61197438 47050037 5007625 5007625 70317546 51375683 98820868 87879375 X -31521848 12579985 X X 0 1 1 X 1 1 X 44332069 60101811 41814855 36784569 16394946 199428250 44332069 60101811 41814855 36784569 16394946 199428250 44067168 155361082 971548 1078779 1026301 739124 754451 4570203 -140991 -2888808 885749 1195139 1630652 681741 204680194 283337508 0.75900 0.79140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7 1178480 197116 1121681 1 1 6047147 179065 6226212 5744978 302169 6047147 5491846 253132 5744978 1.00000 0 0 2483002 1758742 724260 724260 79330922 110852770 -31521848 -59091 12639076 12579985 -18941863 90405672 -59091 11133841 11074750 79330922 0 79330922 112332390 1479620 1479620 110852770 0 110852770 PART XI, LINE 8 - OTHER ADJUSTMENTS: FOREIGN CURRENCY TRANSLATION GAIN (LOSS) -3,049,695. INVESTMENT IN BANKING AND INSURANCE 220,274. MICRO-FINANCE ACTIVITY 12,721,165. OTHER CHANGE IN NET ASSETS 2,000,000. OTHER CHANGE IN NET ASSETS -113,808. MINORITY INTEREST 861,140. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATING ENTRIES FROM FINANCIAL STATEMENTS -1,649,566. INCOME RELATED TO OPPORTUNITY TRANSFORMATION INVESTMENTS, INC. 12,783,407. PART XIII, LINE 2D - OTHER ADJUSTMENTS: INTERCOMPANY ELIMINATING ENTRIES FROM FINANCIAL STATEMENTS -17,500. OPPORTUNITY TRANSFORMATION INVESTMENTS EXPENSE ON SEPARATE TAX RETURN 1,497,120. 0 UNITED KINGDOM 1 14 PROGRAM SERVICES PROVIDE THE POOR ACCESS TO AFFORDABLE INSURANCE PRODUCTS 2037678 14 0 14 2037678 0 2037678 X CHINA LOAN FUNDS 333725 WIRE TRANSFER PHILIPPINES TRAINING, EQUIPMENT, PROJECT OPERATING COSTS AND EDUCATION SCHOLARSHIPS 554668 WIRE TRANSFER GHANA TRAINING, EQUIPMENT, PROJECT OPERATING COSTS 129677 WIRE TRANSFER UGANDA LOAN FUNDS & TRAINING 385603 WIRE TRANSFER MALAWI TRAINING, EQUIPMENT, PROJECT OPERATING COSTS 183906 WIRE TRANSFER COLOMBIA TRAINING, EQUIPMENT, PROJECT OPERATING COSTS 115785 WIRE TRANSFER NICARAGUA TRAINING, EQUIPMENT, PROJECT OPERATING COSTS 576000 WIRE TRANSFER INDIA MANAGEMENT SALARIES, TRAINING AND EQUIPMENT 97681 WIRE TRANSFER RWANDA TRAINING, EQUIPMENT, AND LOAN FUNDS 622995 WIRE TRANSFER KENYA TRAINING 7500 WIRE TRANSFER TANZANIA TRAINING, EQUIPMENT, PROJECT OPERATING COSTS 48662 WIRE TRANSFER SOUTH AFRICA LOAN FUNDS 75000 WIRE TRANSFER MOZAMBIQUE MANAGEMENT SALARIES, TRAINING AND EQUIPMENT 795334 WIRE TRANSFER DOMINICAN REPUBLIC LOAN FUNDS 182968 WIRE TRANSFER 9 11 0 0 1 0 0 0 1 HABITAT FOR HUMANITY 121 HABITAT STREET AMERICUS GA 31709 911914868 501(C)(3) 513987 0 HOUSING FOR CAREGIVERS OF ORPHANS & VULNERABLE CHILDREN. 1 X X X X 1 0 0 0 0 0 0 1 0 BILL MORGENSTERN 190791 0 0 0 0 0 0 0 20263 0 211054 0 0 0 DENNIS W RIPLEY 136992 0 35000 0 0 0 10356 0 19436 0 201784 0 0 0 RICHARD C JOHN 142557 0 0 0 0 0 9509 0 13340 0 165406 0 0 0 MARK K LUTZ 165591 0 0 0 0 0 11140 0 9792 0 186523 0 0 0 CHARLENE CALDWELL 130753 0 15000 0 0 0 11496 0 7123 0 164372 0 0 0 DAVID M KNIBBE 160473 0 0 0 0 0 10482 0 19653 0 190608 0 0 0 CONNIE STRYJAK 131014 0 0 0 0 0 8875 0 13303 0 153192 0 0 0 MICHAEL GALLAGHER 117136 0 12000 0 0 0 8067 0 19173 0 156376 0 0 0 PART I, LINE 7 THE NON-FIXED PAYMENTS ARE ADDITIONAL PAY FOR ACHIEVING SPECIFIED TARGETS AND GOALS. C CRANE X 350000 200000 0 1 1 J HAMILTON X 125000 125000 0 1 1 325000 LIAM MONAGHAN SON-IN-LAW OF THE CHAIRMAN OF THE BOARD 10885 COMPENSATION PAID FOR CONSULTING SERVICES 0 X 15813 COMPARABLE VALUE X 73 966487 MARKET VALUE X 1 9500 COMPARABLE VALUE X 13 17500 COST X COMPUTER EQUIPMENT 10 312849 MARKET VALUE X PROFESSIONAL FEES 2 102431 COMPARABLE VALUE X TRAVEL EXPENSES 4 3723 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 STAFF PREPARES DETAILED INFORMATION FROM INTERNAL REPORTS AND AUDITED FINANCIAL STATEMENTS AND SENDS TO CLIFTON GUNDERSON. CONTROLLER AND CFO OF OPPORTUNITY INTERNATIONAL REVIEW THE DRAFT PREPARED BY CG AND DISCUSS COMMENTS AND QUESTIONS WITH CG. FINAL DRAFT OF 990 IS PRESENTED TO FINANCE COMMITTEE FOR REVIEW. AFTER REVIEW IS COMPLETE, A RECOMMENDATION IS MADE TO THE OPPORTUNITY INTERNATIONAL BOD TO APPROVE THE 990. IF APPROVED, THE RETURN IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IT IS AN ANNUAL REQUIREMENT TO SIGN THE CONFLICT OF INTEREST STATEMENTS. ALL CONFLICTS ARE REVIEWED BY DESIGNATED BOARD MEMBERS. FINANCE DEPARTMENT MONITORS RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S TOP OFFICERS MUST BE APPROVED BY A COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST POLICY IS NOT PUBLISHED. FINANCIAL STATEMENTS ARE AVAILABLE ON THE OPPORTUNITY INTERNATIONAL WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -59,091. FOREIGN CURRENCY TRANSLATION GAIN (LOSS) -3,049,695. INVESTMENT IN BANKING AND INSURANCE 220,274. MICRO-FINANCE ACTIVITY 12,721,165. OTHER CHANGE IN NET ASSETS 2,000,000. OTHER CHANGE IN NET ASSETS -113,808. MINORITY INTEREST 861,140. TOTAL TO FORM 990, PART XI, LINE 5: 12,579,985. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. OPPORTUNITY LOAN GUARANTEE FUND I LLC 2122 YORK ROAD OAK BROOK IL 60523 SUPPORT MFI'S IN DEVELOPING COUNTRIES TO INCREASE LOANS TO THE POOR IL -222928 7308705 OPPORTUNITY INTERNATIONAL MICRO INSURANCE AGENCY HOLDINGS LLC 2122 YORK ROAD OAK BROOK IL 60523 205488780 PROVIDE THE POOR ACCESS TO AFFORDABLE AND APPROPRIATE INSURANCE PRODUCTS IL 845317 7262263 OPPORTUNITY INTERNATIONAL OPPORTUNITY TRANSFORMATION INVESTMENTS 2122 YORK ROAD OAK BROOK IL 60523 364382506 TO INVEST AND HOLD OWNERSHIP POSITIONS IN MICRO-FINANCE INSTITUTIONS. IL 501(C)(3) 170(B)(1)(A)(VI) OPPORTUNITY INTERNATIONAL 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 OPPORTUNITY TRANSFORMATION INVESTMENTS B 9346082 OPPORTUNITY TRANSFORMATION INVESTMENTS K 344690