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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Florida Opportunity Fund Inc.

Florida Opportunity Fund Inc.

Fiscal year ending 2019. Filed on July 13, 2020.

800 N Magnolia Ave No 1100
Orlando, Florida 32803

Florida Opportunity Fund Inc. (EIN: 41-2262408) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Florida Opportunity Fund Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $130,735. The highest compensated employee at Florida Opportunity Fund Inc. is Robert Schlotman with fiscal year 2019 compensation of $156,585.

Revenue, expenses, and employee compensation

Revenue

$7,257,843

Expenses

$4,416,766

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Schlotman
Vice President
$156,585
$0 $129,401 $27,184
Brian Russell Marcus
President, 7/1/18 - 3/31/19
$104,884
$0 $90,978 $13,906

Benchmark Employee Compensation

Non-Employee Board Members

Aaron J Ripin
Director
Andrew A Hyltin
Chairman, 7/1/18 - 11/30/18
Brian Nicholas
VICE Chairman, 7/1/18 - 11/30/18
Daniel Schwartz
Chair
Eduardo Fernandez
Director
Jeffery Jonasen
Director
Rick Rosen
Director

Contractors

Arsenal Venture Partners
Management
$3,962,097
Foley & Lardner
Legal
$206,500

Mission Statement

THE FLORIDA OPPORTUNITY FUND ("FOF OR THE "FUND") IDENTIFIES AND INVESTS IN A DIVERSIFIED, HIGH-QUALITY PORTFOLIO OF SEED AND EARLY STAGE VENTURE CAPITAL FUNDS THAT TARGETS IN WHOLE OR IN PART OPPORTUNITIES WITHIN FLORIDA. IN ADDITION, THE FUND SEEKS TO ACHIEVE A SUPERIOR INTERNAL RATE OF RETURN ON PRIVATE EQUITY INVESTMENTS WHILE CONTRIBUTING TO FLORIDA'S ECONOMIC DEVELOPMENTS; FOSTER THE CREATION, RETENTION, AND GROWTH OF COMPANIES IN FLORIDA; AND ENCOURAGE THE DEVELOPMENT AND GROWTH OF A VIBRANT FLORIDA-BASED VENTURE CAPITAL INVESTMENT COMMUNITY.

Revisions to this organization profile

May 13, 2025:
2024 Florida Opportunity Fund Inc. 990 filed
May 13, 2025:
2023 Florida Opportunity Fund Inc. 990 filed
May 15, 2023:
2022 Florida Opportunity Fund Inc. 990 filed

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