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Nonprofiteer
← RAZA DEVELOPMENT FUND INC

Form 990 for tax year 2024

Filed by RAZA DEVELOPMENT FUND INC.

Totals

Total revenue
$44,302,420
Total expenses
$25,986,480
Contributions and grants received
$20,622,907
Grants paid
$1,265,000
Program services expenses (Part IX)
$20,904,888
Management and general expenses
$4,924,125
Fundraising expenses
$157,467
Program service expenses (Part III)
$20,904,888

Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DANIEL ORTEGA

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BRENDA LOYA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KENNETH I TRUJILLO

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AARON DOMINGUEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DONNA GAMBRELL

    BOARD MEMBER (THRU 10/31/24)

    Total calculated
    $0
    Hours/week
    1

  • J REYMUNDO OCANAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LUIS GRANADOS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARIA S SALINAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MATT REILEIN

    BOARD MEMBER (BEG 10/1/24)

    Total calculated
    $0
    Hours/week
    1

  • MARY ANN DONOVAN

    PRESIDENT & CEO

    Total calculated
    $506,276
    From this org
    $457,563
    From related orgs
    $0
    Other
    $48,713
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $454,974
    Bonus
    $0
    Other
    $2,589
    Deferred
    $27,600
    Nontaxable benefits
    $21,113
    Filer's total
    $506,276

  • JANET MURGUIA

    BOARD MEMBER

    Total calculated
    $859,589
    From this org
    $0
    From related orgs
    $773,603
    Other
    $85,986
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $635,980 related
    Bonus
    $0 + $76,630 related
    Other
    $0 + $60,993 related
    Deferred
    $0 + $70,150 related
    Nontaxable benefits
    $0 + $15,836 related
    Filer's total
    $0 + $859,589 related

  • DANIAH IKRAM

    CHIEF CREDIT OFFICER (BEG 9/1/25)

    Total calculated
    $0
    Hours/week
    40

  • MELISSA MCDONALD

    CHIEF PEOPLE & OPERATING OFFICER

    Total calculated
    $346,375
    From this org
    $302,141
    From related orgs
    $0
    Other
    $44,234
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $300,811
    Bonus
    $0
    Other
    $1,330
    Deferred
    $24,128
    Nontaxable benefits
    $20,106
    Filer's total
    $346,375

  • ADRIAN RUIZ

    CHIEF INVEST OFFICER (THRU 8/31/25)

    Total calculated
    $273,999
    From this org
    $224,030
    From related orgs
    $0
    Other
    $49,969
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,677
    Bonus
    $0
    Other
    $353
    Deferred
    $18,000
    Nontaxable benefits
    $31,969
    Filer's total
    $273,999

  • ANTONIO LOPEZ

    CHIEF FINANCIAL OFFICER

    Total calculated
    $274,493
    From this org
    $223,626
    From related orgs
    $0
    Other
    $50,867
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,724
    Bonus
    $0
    Other
    $902
    Deferred
    $18,000
    Nontaxable benefits
    $32,867
    Filer's total
    $274,493

  • SCOTT RICHTER

    CHIEF CREDIT OFFICER (THRU 9/1/25)

    Total calculated
    $244,921
    From this org
    $207,859
    From related orgs
    $0
    Other
    $37,062
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,529
    Bonus
    $0
    Other
    $1,330
    Deferred
    $16,605
    Nontaxable benefits
    $20,457
    Filer's total
    $244,921

  • ERIK HARTMAN

    CHIEF INFORMATION TECHNOLOGY OFFICER

    Total calculated
    $144,093
    From this org
    $131,399
    From related orgs
    $0
    Other
    $12,694
    Hours/week
    40

  • JUAN MADRID

    SVP, DEPUTY CFO & CONTROLLER

    Total calculated
    $252,501
    From this org
    $204,336
    From related orgs
    $0
    Other
    $48,165
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,865
    Bonus
    $0
    Other
    $471
    Deferred
    $16,400
    Nontaxable benefits
    $31,765
    Filer's total
    $252,501

  • AMY LAUGHLIN

    SVP, DEPUTY CIO, STRUCTURED FINANCE

    Total calculated
    $218,911
    From this org
    $181,120
    From related orgs
    $0
    Other
    $37,791
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,760
    Bonus
    $0
    Other
    $360
    Deferred
    $5,692
    Nontaxable benefits
    $32,099
    Filer's total
    $218,911

  • AILISA HERRERA

    SVP AFFORDABLE HOUSING

    Total calculated
    $203,687
    From this org
    $169,378
    From related orgs
    $0
    Other
    $34,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,826
    Bonus
    $0
    Other
    $552
    Deferred
    $2,615
    Nontaxable benefits
    $31,694
    Filer's total
    $203,687

  • AMANDA SANCHEZ

    SVP OF EDUCATION

    Total calculated
    $215,943
    From this org
    $170,370
    From related orgs
    $0
    Other
    $45,573
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,154
    Bonus
    $0
    Other
    $216
    Deferred
    $13,600
    Nontaxable benefits
    $31,973
    Filer's total
    $215,943

  • PEDRO CHAVES

    SVP, DEPUTY CHIEF CREDIT OFFICER

    Total calculated
    $190,458
    From this org
    $156,800
    From related orgs
    $0
    Other
    $33,658
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,440
    Bonus
    $0
    Other
    $360
    Deferred
    $12,658
    Nontaxable benefits
    $21,000
    Filer's total
    $190,458

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • UNIDOSUS

    501(C)(3) · WORKS TO IMPROVE OPPORTUNITIES FOR HISPANIC AMERICANS · AZ

  • UNIDOS INVESTMENT FUND INC

    501(C)(3) · SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF UNIDOSUS · DE

    Directly controlled by UNIDOSUS

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202602269349300510

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