Opportunity Resource Fund (OppFund) promotes affordable housing, small business ownership, single family mortgages, strong communities, and fosters social and economic justice by providing loans and development services throughout the state of Michigan. By making funds available to those denied access to traditional capital, OppFund is breaking the cycle of poverty and assisting in the revitalization of Michigan neighborhoods and communities. Pre and post loan closing development services are a provision of services offered to individuals, nonprofits, and business owners.OppFund is a certified community development financial institution and functions as a revolving loan fund. It accepts socially motivated investments from individuals, not for profit organizations and banks with interest rates ranging generally from zero to three percent. These investment dollars are pooled to provide loans at affordable rates for real estate development, small business and homeownership loans.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in Michigan.
- Base
- $241k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $188k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $241k | — | — | — | $243k $261k |
VP of Finance/cfo Vice President 75th to 90th percentilevs Human Services peers nationwide | $188k | — | — | — | $190k $204k |
Director of Single Family Lending Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $115k $124k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Opportunity Resource Fund equaled 8% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 19%
from 2023
From $204k in 2023 to $243k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 19% from 2023 to 2024, while revenue fell 19%.
- Vice President pay rose 8% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Opportunity Resource Fund
What does the Chief Executive Officer of Opportunity Resource Fund earn?
In 2024, the Chief Executive Officer of Opportunity Resource Fund received $242,501 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Opportunity Resource Fund compare with similar nonprofits?
Compared with the same role at Human Services organizations in Michigan, the 2024 pay of the Chief Executive Officer at Opportunity Resource Fund falls in the top 10%. In 2024, the highest total compensation at Opportunity Resource Fund equaled 8% of the organization's total expenses. The median for human services organizations is 8%.
What are Opportunity Resource Fund's revenue and expenses?
In 2024, Opportunity Resource Fund reported $3.3M in total revenue and $3.1M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more