OPPORTUNITY COUNCIL

BELLINGHAM, WA | Whatcom County
Affordable Housing

Overview

OPPORTUNITY COUNCIL
91-0787820
1111 CORNWALL AVE
BELLINGHAM, WA 98225
Whatcom County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • LIHTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
P20

P - Human Services

Human Service Organizations

Organizations that provide a broad range of social services for individuals or families. Use this code for multiservice organizations such as Lutheran Social Services, Catholic Social Services and other community service organizations not specified below that provide a variety of services from throughout the P section or services from the P section in combination with services described in other sections (e.g., an organization that provides family counseling, substance abuse services, employment assistance and services for at - risk youth).

IRS Activity Codes info
380
Low-income housing
408
Community service organization
560
Supplying money, goods or services to the poor
Standard Business Classification (NAICS Code) info
624190
Other Individual and Family Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
REGENCY PARK

 
BELLINGHAM, WA
Amount info
$672,144
Project Year info
2001
Allocation Year info
2000
Total Units info
230
Low-Income Units info
225
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • Nonprofit Sponsor
Special Programs & Financing info
  • Tax Exempt Bond
Targeted Population info
  • Disabled
  • Families

IRS Summary

Income
$73.6M
Revenue
$73.6M
Assets
$30.1M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1977-12
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12
Tax period ending in
2015-12

Nonprofit Location

Physical Address info
1111 CORNWALL AVE
BELLINGHAM, WA 98225
Whatcom County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
13380
MSA/MD info
53
State info
073
County info
0006.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
13380 - Bellingham, WA
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 26.92%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0006.00 Whatcom County
Population
Total Population 1,939 226,523
Total Households 1,301 91,171
Income
Median Family Income (Census*) $37,143 $77,581
Median Family Income (2023 FFIEC est.) $102,600 $102,600
Tract Income Percentage 44.34% N/A
Below Poverty Level 43.6% 12.9%
Unemployment Level 6.4% 4.9%
Housing
Total Housing Units 1,326 100,394
Total Owner-Occupied Units 5.8% 63.0%
Total Renter-Occupied Units 92.3% 37.0%
Total Vacant Units 1.9% 3.9%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

14
Total Voting Members
in Governing Body
info
14
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
David Foreman
(360) 734-5121
Principal Officer info
Greg Winter
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.