ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT Charity Report

Public IRS 990 nonprofit record

ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT

EIN 31-1719434 · Urban & Community Economic Development (S31)

What they do

ACCION OPPORTUNITY FUNDS MISSION is to DELIVER AFFORDABLE CAPITAL and RESPONSIBLE FINANCIAL SOLUTIONS to UNDERSERVED ENTREPRENEURS and COMMUNITIES, WITH A SPECIAL FOCUS ON LOW-INCOME PEOPLE, PEOPLE of COLOR, and WOMEN.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.61%of revenue went to mission work84.4% of expenses · Program services

2.12%of revenue went to fundraising2.6% of expenses

$82.50spent for every $100 of revenueRevenue covered expenses this year.

10.76%of revenue went to management and office costs13.0% of expenses

$4.38in assets for every $1 spent this yearSome assets cannot be spent right away.

43.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $642,302 for WILLIAMS WATSON (NATIONAL SALES MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$71,138,134

Mission workProgram services$49,522,43669.61% of revenue84.4% of expenses

ManagementOffice and general costs$7,657,92610.76% of revenue13.0% of expenses

FundraisingAsking for donations$1,509,2562.12% of revenue2.6% of expenses

Revenue left after expensesReported annual surplus$12,448,51617.50% of revenueShown in gray on the chart

Total expenses$58,689,61882.50% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.4% mission · 13.0% management · 2.6% fundraisingTotal expenses: 82.50% of revenue

2023Expense mix: 81.8% mission · 14.1% management · 4.1% fundraisingTotal expenses: 124.78% of revenue

2022Expense mix: 80.6% mission · 13.3% management · 6.1% fundraisingTotal expenses: 101.94% of revenue

2021Expense mix: 73.3% mission · 21.5% management · 5.2% fundraisingTotal expenses: 62.68% of revenue

2020Expense mix: 72.4% mission · 22.4% management · 5.2% fundraisingTotal expenses: 70.64% of revenue

2019Expense mix: 78.2% mission · 16.3% management · 5.6% fundraisingTotal expenses: 78.64% of revenue

2018Expense mix: 77.9% mission · 14.8% management · 7.3% fundraisingTotal expenses: 100.37% of revenue

2017Expense mix: 81.9% mission · 9.8% management · 8.4% fundraisingTotal expenses: 108.40% of revenue

Money in and money out

Revenue$71,138,134

Expenses$58,689,618

Annual surplus $12,448,516 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$49,522,436 · 84.4% of expenses

Management and office costs$7,657,926 · 13.0% of expenses

Fundraising$1,509,256 · 2.6% of expenses

See all reported dollar amounts

Revenue$71,138,134

Expenses$58,689,618

Assets$257,311,734

Income$72,756,162

Contributions$31,111,378

Mission work (program services)$49,522,436

Fundraising$1,509,256

Grants given$1,055,104

Average grant$37,682

Management and general$7,657,926

Executive compensation (total)$1,914,657

Stocks and bonds$5,231,145

Accounting fees$198,450

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WILLIAMS WATSONNATIONAL SALES MANAGER · 40 hrs/week $642,302Base $598,419 · Other $43,883

DAVID COULTASCHIEF FINANICAL AND OPERATING OFFICER · 38 hrs/week $460,363Base $418,314 · Other $42,049

LUZ DE LOURDES LOPEZ URRUTIACHIEF EXECUTIVE OFFICER · 38 hrs/week $392,069Base $366,073 · Other $25,996

ROBERT KERN SEARSCHIEF TECHNOLOGY & STRATEGY OFFICER · 40 hrs/week $389,594Base $353,795 · Other $35,799

AUGUSTO VAZQUEZCHIEF REVENUE OFFICER · 40 hrs/week $380,207Base $345,839 · Other $34,368

ANJANA THATTE THATTE BERDECHIEF PEOPLE OFFICER (THRU 02/25) · 40 hrs/week $373,085Base $339,471 · Other $33,614

CHRISTOPHER PILKERTONCHIEF LEGAL & REG STRA OFFICER (THRU 02/25) · 40 hrs/week $349,981Base $315,955 · Other $34,026

KEVIN P GABELVP, PRODUCT · 40 hrs/week $347,994Base $308,296 · Other $39,698

LAUREN N VAN DER TUINCHIEF CUSTOMER EXPERIENCE OFFICER · 40 hrs/week $342,039Base $309,154 · Other $32,885

PATNY SANJEEVCHIEF CREDIT OFFICER · 40 hrs/week $336,808Base $319,946 · Other $16,862

LUIS RODRIGUEZCHIEF OPERATIONS & SERVICING OFFICER · 40 hrs/week $320,945Base $300,841 · Other $20,104

GRETCHEN RUETHLINGSVP, STRATEGIC PARTNERSHIPS AND PROGRAMS (THRU 02/ · 40 hrs/week $295,478Base $258,668 · Other $36,810

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

WILLIAMS WATSONNATIONAL SALES MANAGER

DAVID COULTASCHIEF FINANICAL AND OPERATING OFFICER

LUZ DE LOURDES LOPEZ URRUTIACHIEF EXECUTIVE OFFICER

ROBERT KERN SEARSCHIEF TECHNOLOGY & STRATEGY OFFICER

AUGUSTO VAZQUEZCHIEF REVENUE OFFICER

ANJANA THATTE THATTE BERDECHIEF PEOPLE OFFICER (THRU 02/25)

CHRISTOPHER PILKERTONCHIEF LEGAL & REG STRA OFFICER (THRU 02/25)

KEVIN P GABELVP, PRODUCT

LAUREN N VAN DER TUINCHIEF CUSTOMER EXPERIENCE OFFICER

PATNY SANJEEVCHIEF CREDIT OFFICER

LUIS RODRIGUEZCHIEF OPERATIONS & SERVICING OFFICER

GRETCHEN RUETHLINGSVP, STRATEGIC PARTNERSHIPS AND PROGRAMS (THRU 02/

ADRIANA EIRIZSVP, PARTNERSHIP & STRATEGIC GROWTH

JOE WILLIAMSSR. DIRECTOR, INFORMATION TECHNOLOGY OPS

VERONICA FIGOLI FLEISCHERCHIEF DEVELOPMENT OFFICER (THRU 05/25)

ANNA SCHEMBERCHIEF OF STAFF

CARETHA COLEMANVICE CHAIR

GREG AVISBOARD CHAIR

TODD BAKERDIRECTOR

SWATI BHATIASECRETARY

SOLANA COZZODIRECTOR

SAMUEL RAMOSDIRECTOR

PHIL BLACKDIRECTOR

DEBRA ENGELDIRECTOR

PARKER HUDNUTDIRECTOR

MICHAEL SCHLEINDIRECTOR

MADELEINE FACKLERDIRECTOR

BRIAN GRAHAMDIRECTOR

DIANA TAYLORDIRECTOR

DICKSON CHUDIRECTOR

LATA KRISHNANDIRECTOR

GOPI BILADIRECTOR

KARTHIK VENKATARAMANDIRECTOR

JUANITA LOTTDIRECTOR

JONI CROPPERDIRECTOR

About this charity

Recognized since: January 2000
Location: 111 WEST ST JOHN STREET 800, SAN JOSE, CA 95113
County: Santa Clara
In care of: DAVID COULTAS
Primary officer: DAVID COULTAS, CHIEF FINANCIAL & OPERATING OFFICER

How to reach them

WebsiteVisit the charity’s website Emailservicio@aofund.org Phone(408) 297-0204

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ARMANINO ADVISORY LLC
NTEE classification: Urban & Community Economic Development (S31)
IRS tax category: Urban & Community Economic Development
Grant-giving organization: Yes