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Filing year 2023

OPPORTUNITY ALABAMA INC

Birmingham, Alabama·EIN 83-2134053·NTEE S12 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.4M
Total assets
$2.3M
Total expenses
$1.4M
Reported officers
8
Mission

FOUNDED IN 2018, OPPORTUNITY ALABAMA (OPAL) IS AN ECONOMIC DEVELOPMENT ORGANIZATION COMMITTED TO CREATING A NATIONAL MODEL OF SUSTAINABLE ECONOMIC DEVELOPMENT THROUGH COMMUNITY-LED, PLACE-BASED INVESTMENTS. WE HELP UNDERSERVED COMMUNITIES LEVERAGE DIVERSE FUNDING SOURCES FOR PROJECTS AND INITIATIVES THAT IMPROVE QUALITY OF PLACE AND/OR ENHANCE THE BUILT ENVIRONMENT. MOST OF THAT WORK INVOLVES CLOSING ACCESS TO CAPITAL GAPS IN LOW-INCOME COMMUNITIES, IN ECONOMICALLY DISTRESSED COMMUNITIES, AND/OR WITHIN DISADVANTAGED POPULATIONS (INCLUDING, BUT NOT LIMITED TO, MINORITY- AND WOMEN-OWNED BUSINESSES, RESIDENTS OF LOW-INCOME AREAS, ETC.). THROUGH THAT WORK, WE REMEDIATE BLIGHT, IMPROVE GENERAL ECONOMIC AND SOCIETAL CONDITIONS, COMBAT COMMUNITY DETERIORATION, AND/OR PRESERVE THE TRADITIONS, ARCHITECTURE, AND APPEARANCE OF THE COMMUNITIES WE SERVE.

Reported officers (all unpaid)

No paid executives reported in 2023. OPPORTUNITY ALABAMA INC reported 8 unpaid officers and board members on its 990.

Director
Director
Chair
Director
Director
Director
President
Secretary

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Sector benchmark

What Community Improvement & Capacity Building executives earn in Alabama

OPPORTUNITY ALABAMA INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Alabama earns a median of $59,750.

25th percentile
$37k
Median
$59,750
75th percentile
$96k
90th percentile
$137k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 112 organizations across 112 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Alabama
FAQ

Common questions about OPPORTUNITY ALABAMA INC

What are OPPORTUNITY ALABAMA INC's revenue and expenses?

In 2023, OPPORTUNITY ALABAMA INC reported $2.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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