OPPORTUNITY RESOURCE FUND
EIN 38-2784136 · Centers to Support the Independence of Specific Populations (P80)
What they do
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.
Financial picture
About this charity
- Recognized since
- January 2001
- Location
- 330 Marshall Street 105, Lansing, MI 48912
- County
- Ingham
- In care of
- Byna Elliott
- Primary officer
- Byna Elliott, President/CEO
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990
- Tax preparer
- MANER COSTERISAN PC
- NTEE classification
- Centers to Support the Independence of Specific Populations (P80)
- IRS tax category
- Centers to Support the Independence of Specific Populations
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Activity
- 380000000
- Organization
- 1