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EIN 86-3348840

Better Opportunity Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2021
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
The Better Opportunity Fund promotes community development by directing efforts towards improving the social and economic conditions of low-income individuals and residents of economically distressed communities who lack access to capital or financial services. Rather than simply providing aid, the fund issued one mortgage to a member of the community in 2022, providing an avenue for progress through accessible capital.
Total revenues
$10,045
2022
Total expenses
$53,569
2022
Total assets
$1,011,484
2022
Num. employees
0
2022

Program areas at Better Opportunity Fund

Better Opportunity Fund issues mortgages to low-income individuals and families who lack access to adequate capital. In 2022, Better Opportunity Fund issued one mortgage to a member of the community.

Personnel at Better Opportunity Fund

NameTitleCompensation
Vishal GargPresident$0
Paula TuffinSecretary$0
Nicholas CalamariTreasurer$0

Financials for Better Opportunity Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$9,214
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$831
Total revenues$10,045

Form 990s for Better Opportunity Fund

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF

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Data update history
July 6, 2023
Updated personnel
Identified 6 new personnel
May 21, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsCharities
Issues
Community improvement
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
175 Greenwich St Floor 59
New York, NY 10007
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
better.com/b/better-opportunity-fund 
Phone
(503) 778-5215
IRS details
EIN
86-3348840
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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