NonprofitsOpportunity Resource Fund

Human Services

Opportunity Resource Fund

LANSING, MI

Total revenue

$3.3M

Total expenses

$3.1M

Net assets

$9.4M

Grants received

$939K

18 grants

EIN

382784136

Tax year

2024

Mission

Promotes affordable home and small business ownership to benefit and strengthen MI Communities.

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$1.6M
Investment income$13K
Other revenue
Total revenue$3.3M

Expenses

Grants paid$20K
Salaries & benefits$1.7M
Fundraising$40K
Other expenses$1.4M
Total expenses$3.1M
Total assets$30.6M
Net assets$9.4M

People

15 listed

NameRoleCompensation

Christine Narayanan

President/CEO

Board

$241K

40 hrs/wk

Kevin Fitzgerald

VP of Finance/CFO

Board

$188K

40 hrs/wk

Joseph Heaphy

Trustee

Board

2 hrs/wk

Omar Cuevas

Trustee

Board

2 hrs/wk

Anika Goss

Trustee

Board

2 hrs/wk

Curtis Smith

Trustee

Board

2 hrs/wk

Raymond Henney

Trustee

Board

2 hrs/wk

Tarik Bazzy

Trustee

Board

2 hrs/wk

Carol Tarnowsky

Secretary

Board

2 hrs/wk

Sonali Allen

Secretary (ended 8/24)

Board

2 hrs/wk

Thomas Johnson

Treasurer

Board

2 hrs/wk

Sheilah P Clay

Vice Chair

Board

2 hrs/wk

Marc Craig

Board Chair

Board

4 hrs/wk

Robert Hunt

Immediate Past Chair

Board

2 hrs/wk

CHARLES TURNER

Director of Single Family Lending

Staff

$102K

40 hrs/wk

Independent contractors

Blue Horizon Construction

Construction

$145K

Reliable Building Solutions

Construction

$145K

Grants received

Showing 18 of 18

FromAmountPurposeYear
$167K
OPERATING SUPPORT
2023
$8K
AFFORDABLE LOAN PROGRAMS DONATION
2023
$153K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING PROGRAM/GENERAL OPERATIONS
2022
$25K
PROJECT/PROGRAM - SMALL AND MINORITY BUSINESS FINANCING PILOT
2022
$10K
Justice Fund
2022
$1K
Matching Gifts Program
2022
$125K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$25K
Justice Fund Initiative Homeownership Program
2021
$20K
INGHAM COUNTY SUNRISE GRANT - NON PROFIT
2021
$1K
Matching Gift Program
2021
$147K
For grant recipient's exempt purposes
2020
$50K
COVID-19 GRANT
2020
$25K
To provide technical assistance and help originate Payment Protection Program loans to stimulate economic recovery in a low-income community.
2020

Funded by

$939K from 14 funders · 18 grants · 2018–2024

Opportunity Finance Network

$175K · 2 grants · 2020–2021

Community Reinvestment Fund Inc

$167K · 1 grant · 2023

Community Foundation For Southeast

$153K · 1 grant · 2022

Local Initiatives Support Corporation

$76K · 2 grants · 2020–2024

Charles Stewart Mott Foundation

$25K · 1 grant · 2020

Cdv5 Foundation

$25K · 1 grant · 2022

Details

EIN382784136
NTEE codeP80
Subsection03
Ruling date2001-11
Formed1985
Employees19
Volunteers12
OPPORTUNITY RESOURCE FUND — Mission, Financials & Grants Received | Grantivo