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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 Housing & Shelter Opportunity Apartments Inc.

Opportunity Apartments Inc.

Fiscal year ending 2022. Filed on May 4, 2023.

PO Box 817
Kendallville, Indiana 46755

Opportunity Apartments Inc. (EIN: 35-1820748) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2022 IRS Form 990 filing, Opportunity Apartments Inc., a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $268,754. The highest compensated employee at Opportunity Apartments Inc. is Teresa Greiner with fiscal year 2022 compensation of $382,507.

Revenue, expenses, and employee compensation

Revenue

$175,228

Expenses

$184,258

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Teresa Greiner
Medical Director
$382,507
$0 $382,507 No other comp
Basem Alsarraj
Physician
$316,448
$0 $314,718 $1,730
Samir Ishak
Physician
$312,251
$0 $305,874 $6,377
Manuel Ozoa
Physician
$254,826
$0 $254,826 No other comp
Steve Howell
President and Chief Executive Officer
$237,193
$0 $235,463 $1,730
Virgilia Mueller
Human Resources Director
$109,301
$0 $109,301 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dorothy Fuentes
Secretary and Treasurer
$120,315
$0 $118,585 $1,730
Jerry Stoner
Director
$90,242
$0 $88,550 $1,692
Rebecca Calhoun
Director
No compensation reported
Jenny Landez
Director
No compensation reported

Mission Statement

OPPORTUNITY APARTMENTS, INC. IS AN INDIANA NOT-FOR-PROFIT AND WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 15 UNIT APARTMENT COMPLEX IN KENDALLVILLE, INDIANA KNOWN AS OPPORTUNITY APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. THE ORGANIZATION HAS EXECUTED THE STANDARD REGULATORY AGREEMENTS WITH HUD THAT GOVERN THE OPERATIONS OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA). IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR ELIGIBLE LOW INCOME FAMILIES OR PERSONS AS PROVIDED BY HUD.

Revisions to this organization profile

March 5, 2025:
2024 Opportunity Apartments Inc. 990 filed
February 1, 2024:
2023 Opportunity Apartments Inc. 990 filed
May 4, 2023:
2022 Opportunity Apartments Inc. 990 filed

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