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Accion Opportunity Fund Community Development

San Jose, CA · EIN 31-1719434 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Accion Opportunity Fund Community Development reported $71.1 million in revenue and $58.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.38 went to program services, $13.05 to management and general costs and $2.57 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 53.0% of the total. The highest compensation it reported for one person was $642,302 (NATIONAL SALES MANAGER). 68 people received more than $100,000 in reportable compensation. Revenue rose 56% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $59M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $71M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.4%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
13.0%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
43.7%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%14.9%
Program service revenue share
Part VIII 2g ÷ 12
53.0%11.9%
Highest reported compensation
Part VII-A, columns D–F
$642,302$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.09%1.49%
People paid over $100,000
Part VII, line 2
685
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.89.2
Independent voting board members
Part VI 1a–1b
19 of 20100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$48M expenses · 97.0% of program spending · grants $2.2M · revenue $36M

Small business lending program - the organization makes loans to small businesses that lack access to affordable credit from traditional sources. Since inception, the organization has made over 35,380 loans totaling $1,066 million to small businesses whose owners are primarily people of color and low and moderate income. Many loans to california-based borrowers are enrolled in a credit loss backstop program partially funded by the state of california as part of its capital access program. (continued on schedule o) the organization sells participations in its loan portfolio. The purpose of…

$979K expenses · 2.0% of program spending · revenue $2.0M

New market tax credits program - in 2003, the organization was certified by the U.S. Department of treasury community development financial institution fund ("cdfi fund") as a community development entity ("cde") under its new market tax credit (''nmtc") program. As of june 30, 2025, the organization has received a cumulative total of $558 million of tax credit allocations. The organization through its subsidiary cde, the lcd new markets fund, llc, uses these allocations to attract new capital to support large real estate projects providing high community impact in low-income areas. As of…

$522K expenses · 1.1% of program spending

Policy program: Accion Opportunity Fund conducts program evaluation and research and advocates for federal, state and local public policies that will benefit our mission and the working families that our programs serve

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
NATIONAL SALES MANAGER
Highest compensated employee, 40.00 hrs/week
$598,419$0$43,883$642,302
CHIEF FINANICAL AND OPERATING OFFICER
Officer, 38.00 hrs/week
$418,314$0$42,049$460,363
CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 38.00 hrs/week
$366,073$0$25,996$392,069
CHIEF TECHNOLOGY & STRATEGY OFFICER
Key employee, 40.00 hrs/week
$353,795$0$35,799$389,594
CHIEF REVENUE OFFICER
Key employee, 40.00 hrs/week
$345,839$0$34,368$380,207
CHIEF PEOPLE OFFICER (THRU 02/25)
Key employee, 40.00 hrs/week
$339,471$0$33,614$373,085
CHIEF LEGAL & REG STRA OFFICER (THRU 02/25)
Key employee, 40.00 hrs/week
$315,955$0$34,026$349,981
VP, PRODUCT
Highest compensated employee, 40.00 hrs/week
$308,296$0$39,698$347,994

68 people received more than $100,000 in reportable compensation from Accion Opportunity Fund Community Development (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$71M$59M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$71M$59M84.4%$72M$642,302
FY2024 ⓘ$44M$55M81.8%$60M$428,621
FY2023 ⓘ$51M$51M80.6%$73M$421,228
FY2022 ⓘ$59M$37M73.3%$74M$394,697
FY2021 ⓘ$54M$38M72.4%$52M$352,072
FY2020 ⓘ$46M$36M78.2%$36M$343,150

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b20 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5167
  • Volunteers Part I, line 620

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
VIRSA CAPITAL
Referral fee for small business loans
$2,117,175
SUTHERLAND GLOBAL COLLECTION SERVICES LL
Loan payment collections service
$1,452,214
PITON LABS LLC
Software development services
$760,377
MEASURED CONNECTIONS
General it support
$654,367
SPIREON INC
Gps vehicle tracking on loan collateral
$617,231

Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Accion Opportunity Fund Community Development totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Accion Opportunity Fund Community Development's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Accion Opportunity Fund Community Development, you can publish a response that is linked from this page.

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All community improvement & capacity building charities · Largest charities in California

Questions people ask

How much of Accion Opportunity Fund Community Development's spending goes to programs?

In the fiscal year ending June 30, 2025, Accion Opportunity Fund Community Development reported that 84.4% of its $58.7 million in expenses went to program services, 13.0% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Accion Opportunity Fund Community Development pay its top executive?

The largest total compensation Accion Opportunity Fund Community Development reported for one person in the fiscal year ending June 30, 2025 was $642,302, for the role of NATIONAL SALES MANAGER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Accion Opportunity Fund Community Development get its money?

Of $71.1 million in revenue in the fiscal year ending June 30, 2025, 43.7% came from contributions and grants (including 0.2% from government grants) and 53.0% from program service revenue (Form 990, Part VIII).

Is Accion Opportunity Fund Community Development a registered charity?

The IRS lists EIN 31-1719434 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621289349304057 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501089349301200 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401309349305175 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349304054 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201349349300405 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110789349300726 · read the filing

All filings for EIN 31-1719434: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.