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