Accion Opportunity Fund Community Development logo

Accion Opportunity Fund Community Development

Public charity · Grantmaker San Jose, CA EIN: 31-1719434 Website

Accion opportunity fund's 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.

Key facts about Accion Opportunity Fund Community Development

In short: Accion Opportunity Fund Community Development gave $115K across 4 grants in 2025 (avg $29K), top state California. Source: 2025 IRS Form 990.

EIN
31-1719434
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$115,000
Grants made (2025)
4
Average grant
$28,750
Median grant
$30,000
Total assets
$257,311,734
Primary geography
California (26% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$257.3M

+18.4% YoY

Annual Giving

$115K

-23.3% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$29K

-4.2% YoY

About Accion Opportunity Fund Community Development

Based on IRS filings

Accion Opportunity Fund Community Development is a public charity focused on Community Improvement & Capacity Building, based in San Jose, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $257.3M in total assets. In 2025, it awarded 4 grants totaling $115K. Net investment income was $2.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

BostonChicagoSan DiegoBrooklynCambridgeEl SegundoNew YorkRenoSan AntonioSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K2 grants2019 0 grants2020 0 grants2021 0 grants2022 7 grants2023 5 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $15K (2019) to $485K (2023). In 2025 it made 4 grants totaling $115K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Accessity: $30KAccessity$30KCenter for Women & Enterprise Inc: $30KCenter for Women & EnterpriseInc$30KHot Bread Kitchen Inc: $30KHot Bread Kitchen Inc$30KIndustrial Council of Nearwest Chicago (Icnc) the Hatchery: $25KIndustrial Council of NearwestChicago (Icnc) the Hatchery$25K

The largest 2025 recipient was Accessity ($30K). Together the top 4 received $115K.

Grant Size Distribution

16 grants across all recorded years

12<$50K2$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 16 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Accessity San Diego, CABtad Program Support$30,000
Center for Women & Enterprise Inc Boston, MABtad Program Support$30,000
Hot Bread Kitchen Inc New York, NYBtad Program Support$30,000
Industrial Council of Nearwest Chicago (Icnc) the Hatchery Chicago, ILBtad Program Support$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$257,311,734$217,343,540$228,764,404
Revenue$71,138,134$44,456,188$50,501,448
Expenses$58,689,618$55,470,785$51,481,991
Net Investment Income$2,341,355$3,977,392$1,630,204

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS January 31, 2020)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS April 18, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
  5. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Accion Opportunity Fund Community Development is led by Luz De Lourdes Lopez Urrutia, Chief Executive Officer since 2021 (on filings since 2019); 16 of 35 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Luz De Lourdes Lopez Urrutia

    Chief Executive Officer

    President & CEO → Chief Executive Officer, 2021

    On filings since 2019

    38 hrs/week

    $313K (2019) → $366K (2025)

  • Greg Avis

    Board Chair

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Joe Williams

    Senior Director & Information Technology Ops

    New on the 2025 filing

    40 hrs/week

    $237K (2025)

  • Brian Graham

    Director

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Debra Engel

    Director

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Dickson Chu

    Director

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Joni Cropper

    Director

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Parker Hudnut

    Director

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Todd Baker

    Director

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Madeleine Fackler

    Director

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Michael Schlein

    Director

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Phil Black

    Director

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Solana Cozzo

    Director

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Diana Taylor

    Director

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Juanita Lott

    Director

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Lata Krishnan

    Director

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Gopi Bila

    Director

    New on the 2025 filing

    1.5 hrs/week

    No compensation reported

  • Karthik Venkataraman

    Director

    New on the 2025 filing

    1.5 hrs/week

    No compensation reported

  • Samuel Ramos

    Director

    New on the 2025 filing

    1.5 hrs/week

    No compensation reported

  • Adriana Eiriz

    Senior Vice President, Partnership & Strategic Growth

    Vice President, Sales & Partnerships → Vice President, Sales & Partnership, 2022

    Vice President, Sales & Partnership → Senior Vice President, Partnership & Strategic Growth, 2025

    On filings since 2020

    40 hrs/week

    $121K (2020) → $260K (2025)

  • Luis Rodriguez

    Chief Operations & Servicing Officer

    Vice President Operations & Compliance → Senior Vice President Service Ops & Compliance, 2021

    Senior Vice President Service Ops & Compliance → Chief Operations & Servicing Officer, 2022

    On filings since 2020

    40 hrs/week

    $210K (2020) → $301K (2025)

  • Christopher Pilkerton

    Chief Legal & Reg Stra Officer

    Chief Legal & Regulatory Strategy Officer → Chief Regulatory Strategy Officer, 2024

    Chief Regulatory Strategy Officer → Chief Legal & Reg Stra Officer, 2025

    On filings since 2022

    40 hrs/week

    $181K (2022) → $316K (2025)

  • Kevin P. Gabel

    Vice President & Product

    On filings since 2022

    40 hrs/week

    $245K (2022) → $308K (2025)

  • Anjana Thatte Thatte Berde

    Chief People Officer

    On filings since 2023

    40 hrs/week

    $336K (2023) → $339K (2025)

  • Gretchen Ruethling

    Senior Vice President, Strategic Partnerships & Programs

    Senior Vice President, Strategic Partnership & Programs → Senior Vice President & Strategic Partnership, 2024

    Senior Vice President & Strategic Partnership → Senior Vice President, Strategic Partnerships & Programs, 2025

    On filings since 2023

    40 hrs/week

    $229K (2023) → $259K (2025)

  • Lauren N. Van Der Tuin

    Chief Customer Experience Officer

    Chief Analytics Officer → Chief Customer Experience Officer, 2025

    On filings since 2023

    40 hrs/week

    $319K (2023) → $309K (2025)

  • Veronica Figoli Fleischer

    Chief Development Officer

    On filings since 2023

    40 hrs/week

    $248K (2023) → $250K (2025)

  • David Coultas

    Chief Finanical & Operating Officer

    Executive Vice President & Chief Finanical Officer → Chief Finanical & Operating Officer, 2025

    On filings since 2024

    38 hrs/week

    $232K (2024) → $418K (2025)

  • Robert Kern Sears

    Chief Technology & Strategy Officer

    Chief Product Officer → Chief Technology & Strategy Officer, 2025

    On filings since 2024

    40 hrs/week

    $363K (2024) → $354K (2025)

  • Anna Schember

    Chief of Staff

    New on the 2025 filing

    38 hrs/week

    $191K (2025)

  • Augusto Vazquez

    Chief Revenue Officer

    New on the 2025 filing

    40 hrs/week

    $346K (2025)

  • Patny Sanjeev

    Chief Credit Officer

    New on the 2025 filing

    40 hrs/week

    $320K (2025)

  • Williams Watson

    National Sales Manager

    New on the 2025 filing

    40 hrs/week

    $598K (2025)

  • Swati Bhatia

    Secretary

    Director → Secretary, 2025

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Caretha Coleman

    Vice Chair

    Director → Vice Chair, 2024

    On filings since 2021

    1.5 hrs/week

    No compensation reported

Former officers (40)
  • Former: Jim Koshland (2019–2024) — Vice Chair
  • Former: Michael Rapaport (2019–2024) — President & COO
  • Former: Esteban Altschul (2020–2024) — Director
  • Former: Mickey Konson (2020–2024) — Secretary
  • Former: Gina Harman (2022–2024) — Chief Administrator Officer
  • Former: Eric Sean Trux (2023–2024) — Senior Vice President & Treasurer
  • Former: Sam Ramos (2023–2024) — Director
  • Former: Kaitlin Lynch (2024) — Vice President of Marketing
  • Former: Meaghan Mary Bever (2024) — Chief Compliance Officer
  • Former: James Xu (2021–2023) — Senior Director, Analytics & Business Intelligence
  • Former: Nathalie Molina Nino (2022–2023) — Director
  • Former: Rolland Jurgens (2022–2023) — Executive Vice President & CFO
  • Former: Eric Weaver (2019–2022) — Director
  • Former: Yun-Fang Juan (2019–2022) — Director
  • Former: Laura Kvalheim (2020–2022) — Vice President, Engineering & Project Management Officer
  • Former: Mike Torres (2021–2022) — Chief Finanical Officer
  • Former: S. Jamila Buckner (2021–2022) — Chief People Officer
  • Former: Elizabeth Ross-Ronch (2022) — Director
  • Former: Nicole Van Der Tuin (2022) — Chief Analytics Officer
  • Former: Christopher Berini (2020–2021) — Chief Development Officer
  • Former: Carolina Martin (2021) — Denior Director & Inst. Partnerships
  • Former: Rolland Jurgens - Fr Feb (2021) — Chief Financial Officer
  • Former: Arthur Johnson (2019–2020) — Director
  • Former: Janine Gardner (2019–2020) — Vice President Hr
  • Former: Sara Leslie (2019–2020) — Director
  • Former: Alex Dang (2020) — Senior Director Strategy
  • Former: Charles J. Hilton To (2020) — Senior Vice President
  • Former: Elizabeth Pesch To (2020) — Executive Vice President & CFO
  • Former: Jeff Wells To (2020) — Vice President New Markets Program
  • Former: Mike Torres Start (2020) — Executive Vice President & CFO
  • Former: S. Jamila Buckner Start (2020) — Chief People Officer
  • Former: Shelley Harrison (2020) — Chief Marketing Officer
  • Former: Ana Thompson (2019) — CFO
  • Former: Elizabeth Pesch (2019) — CFO & Secretary
  • Former: Gina Diaz (2019) — Director
  • Former: Gwyneth Galbraith (2019) — Chief Development Officer
  • Former: Jeff Wells (2019) — Vice President New Markets Program
  • Former: Kishore Venkatachalapathy (2019) — It Solutions Lead
  • Former: Otxin Echaide (2019) — Director Sb Development
  • Former: Rakesh Bhatnagar (2019) — Chief Infor Officer

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Williams Watson — National Sales Manager: $598KWilliams WatsonNational Sales Manager$598KDavid Coultas — Chief Finanical and Operating Officer: $418KDavid CoultasChief Finanical and Operating…$418KLuz De Lourdes Lopez Urrutia — Chief Executive Officer: $366KLuz De Lourdes Lopez…Chief Executive Officer$366KRobert Kern Sears — Chief Technology & Strategy Officer: $354KRobert Kern SearsChief Technology & Strategy…$354KAugusto Vazquez — Chief Revenue Officer: $346KAugusto VazquezChief Revenue Officer$346KAnjana Thatte Thatte Berde — Chief People Officer (Thru 02/25): $339KAnjana Thatte Thatte…Chief People Officer (Thru…$339KPatny Sanjeev — Chief Credit Officer: $320KPatny SanjeevChief Credit Officer$320KChristopher Pilkerton — Chief Legal & Reg Stra Officer (Thru 02/25): $316KChristopher PilkertonChief Legal & Reg Stra Officer…$316KLauren N Van Der Tuin — Chief Customer Experience Officer: $309KLauren N Van Der TuinChief Customer Experience…$309KKevin P Gabel — VP, Product: $308KKevin P GabelVP, Product$308KLuis Rodriguez — Chief Operations & Servicing Officer: $301KLuis RodriguezChief Operations & Servicing…$301KAdriana Eiriz — SVP, Partnership & Strategic Growth: $260KAdriana EirizSVP, Partnership & Strategic…$260KGretchen Ruethling — SVP, Strategic Partnerships and Programs (Thru 02/: $259KGretchen RuethlingSVP, Strategic Partnerships and…$259KVeronica Figoli Fleischer — Chief Development Officer (Thru 05/25): $250KVeronica Figoli…Chief Development Officer (Thru…$250KJoe Williams — Sr. Director, Information Technology Ops: $237KJoe WilliamsSr. Director, Information…$237KAnna Schember — Chief of Staff: $191KAnna SchemberChief of Staff$191K

The highest reported compensation on the 2025 filing was $598K, to Williams Watson (National Sales Manager). 16 officers or directors reported compensation on that filing.

Frequently asked questions about Accion Opportunity Fund Community Development

How much does Accion Opportunity Fund Community Development give each year?

Accion Opportunity Fund Community Development gave $115K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $150K across 5 grants.

What is Accion Opportunity Fund Community Development's typical grant size?

Accion Opportunity Fund Community Development's median grant in 2025 was $30,000, and its average grant was $28,750, across 4 grants on its 2025 IRS Form 990.

Where does Accion Opportunity Fund Community Development give grants?

Accion Opportunity Fund Community Development's top state is California, with 26% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Massachusetts (26%) and New York (26%).

Does Accion Opportunity Fund Community Development give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Accion Opportunity Fund Community Development's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Btad Program Support" (4 grants).

How large is Accion Opportunity Fund Community Development?

Accion Opportunity Fund Community Development reported $257.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $71.1M.

What is Accion Opportunity Fund Community Development?

Accion Opportunity Fund Community Development is a public charity focused on Community Improvement & Capacity Building, based in San Jose, CA. It holds $257.3M in total assets as of 2025.

What is Accion Opportunity Fund Community Development's EIN?

Accion Opportunity Fund Community Development's EIN (Employer Identification Number) is 31-1719434. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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