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Organizations Community Improvement & Capacity Building Accion Opportunity Fund Inc.

Accion Opportunity Fund Inc.

Fiscal year ending 2022. Filed on May 11, 2023.

111 West St John Street 800
San Jose, California 95113

Accion Opportunity Fund Inc. (EIN: 45-4127501) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2022 IRS Form 990 filing, Accion Opportunity Fund Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $278,818. The highest compensated employee at Accion Opportunity Fund Inc. is Luz Lopez Urrutia with fiscal year 2022 compensation of $394,697. Accion Opportunity Fund Inc. changed its name from Accion the US Network Inc. in 2021.

Revenue, expenses, and employee compensation

Revenue

$4,910,082

Expenses

$4,691,949

Employee compensation

$1,310,425
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Luz Lopez Urrutia
Chief Executive Officer
$394,697
$0 $373,205 $21,492
Rolland Jurgens
Executive Vice President and Chief Financial Officer
$320,872
$0 $299,704 $21,168
Michael Rapaport
President and Chief Operating Officer
$316,489
$0 $295,143 $21,346
Mike Torres
Chief Financial Officer
$83,215
$0 $78,924 $4,291

Benchmark Employee Compensation

Non-Employee Board Members

Brian Graham
Director
Caretha Coleman
Director
Debra Engel
Director
Diana Taylor
Director
Dickson Chu
Director
Elizabeth Ross-Ronch
Director
Eric Weaver
Director
Esteban Altschul
Director
Greg Avis
Board Chair
Jim Koshland
Vice Chair and Secretary
Joni Cropper
Director
Juanita Lott
Director

Contractors

The Compass Group Inc.
Consulting
$307,500

Mission Statement

ACCION OPPORTUNITY FUND. INC. (AOF) WAS INCORPORATED ON DECEMBER 7, 2011. THE MISSION OF AOF IS TO ASSIST IN BUILDING WORLD CLASS MICROFINANCE INSTITUTIONS IN THE UNITED STATES TO ENHANCE ECONOMIC DEVELOPMENT AND INDIVIDUALS' SELF SUFFICIENCY THROUGH (SEE SCH. O) INCREASING ACCESS TO CREDIT AND OTHERWISE PROMOTING FINANCIAL INCLUSION AND FINANCIAL HEALTH THROUGH TRAINING AND MENTORING FOR MEMBERS OF LOW-TO-MODERATE INCOME COMMUNITIES.

Revisions to this organization profile

April 17, 2025:
2024 Accion Opportunity Fund Inc. 990 filed
May 9, 2024:
2023 Accion Opportunity Fund Inc. 990 filed
May 11, 2023:
2022 Accion Opportunity Fund Inc. 990 filed

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Accion Opportunity Fund Community Development
San Jose, California