Opportunity Neighborhood

Housing & shelter organization based in Elk River, MN. 18 employees. Exempt under §501(c)(3).

MissionTO SUPPORT THE PEOPLE AND STRENGTHEN NEIGHBORHOODS WITHIN AFFORDABLE HOUSING COMMUNITIES, THROUGH COOPERATIVE PARTNERSHIPS.

EIN
41-1923622
State
MN
Sector
Housing & shelter
Budget band
$250K–$500K
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$415K
Total revenue
$509K
Total expenses
$229K
Net assets

Financial health · TY 2024

64
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
30
5.4 months of expenses
Program efficiency
97
88.8% spent on programs
Revenue diversity
68
Mix of program fees, grants & contributions

Leadership compensation

Perry Lofquist
EXECUTIVE DIRECTOR
$74,223
62th percentile vs. peers

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Opportunity Neighborhood Executive Compensation | 990 Data | DoubleNine