Overview
What is San Francisco Consumer Action?
San Francisco Consumer Action is a nonprofit organization situated in San Francisco, California. Their primary mission is to empower low-income, limited-English-speaking, and underrepresented consumers nationwide, aiding them in financial prosperity through education and advocacy. They achieved this by utilizing settlement funds from the Housing and Insurance "cy pres" court to develop educational resources, such as webinars and fact sheets. These resources aimed to inform these communities about the benefits of homeownership and securing insurance, overcoming obstacles like insufficient downpayments, high student loan debt, and credit access issues. During the COVID-19 pandemic, they also produced a webinar focusing on its impact on housing and housing insecurity. The nonprofit employs a team of 16 individuals in their mission to empower and support underserved communities.
Official website here: www.consumer-action.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
San Francisco Consumer Action has received a Three-Star rating from Charity Navigator, indicating a solid performance in areas of accountability and finance. The organization demonstrates strong governance practices, with 90% of its board members being independent. Additionally, it shows a well-managed financial structure with a program expense ratio of 71.06%, ensuring that a significant portion of its resources directly supports its mission.
User feedback highlights Consumer Action's effectiveness in providing essential consumer education and advocacy. Many reviewers commend the organization for its comprehensive resources and timely information about consumer rights, scams, and financial literacy. Clients report that the publications and webinars are particularly beneficial in assisting low-income and minority communities to navigate complex financial landscapes.
While the organization has received predominantly positive feedback, some assessments indicate room for improvement in equity policies and processes, which scored lower compared to other metrics. Overall, Consumer Action is viewed as a vital resource for consumers, particularly those in underserved populations, and is recognized for its impactful advocacy efforts.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is San Francisco Consumer Action legitimate?
San Francisco Consumer Action is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Consumer Action submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $400,019
Professional Fundraising Fees: $36,000
Other Salaries and Wages: $499,860
For more financial information, click here
Official website here: www.consumer-action.org/
What is the mission statement of San Francisco Consumer Action?
San Francisco Consumer Action aims to empower financially disadvantaged, limited English-speaking, and underrepresented consumers nationwide, enabling them to prosper financially through education and advocacy. This organization utilizes settlement funds from the housing and insurance "CY Pres" court to develop educational resources, such as webinars and fact sheets. These materials provide information on the benefits of homeownership and securing insurance, addressing challenges faced by underrepresented communities, such as insufficient downpayments, high student loan debt, and limited credit access. Additionally, San Francisco Consumer Action produces educational content on the impact of the COVID-19 pandemic on housing and housing insecurity.
Official website here: www.consumer-action.org/
Who is the CEO of San Francisco Consumer Action?
Anna Flores is the Board Chair of San Francisco Consumer Action.
Official website here: www.consumer-action.org/
What is the revenue of San Francisco Consumer Action?
San Francisco Consumer Action's revenue in 2023 was $1,164,687.
Official website here: www.consumer-action.org/
Who are the executives of San Francisco Consumer Action and what are their salaries?
The average compensation at San Francisco Consumer Action during 2023 was $56,242. There are 16 employees at San Francisco Consumer Action.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $134,824
- Related: $0
- Other: $5,621
- Compensation: $88,498
- Related: $0
- Other: $22,025
- Compensation: $103,548
- Related: $0
- Other: $6,095
- Compensation: $87,723
- Related: $0
- Other: $4,776
Official website here: www.consumer-action.org/
Where can I find the form 990 for San Francisco Consumer Action?
San Francisco Consumer Action's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.consumer-action.org/
Learn more at the official website: www.consumer-action.org/
Mission Statement of San Francisco Consumer Action
San Francisco Consumer Action, as an organization, strives to empower low-income, limited-English-speaking, and other underrepresented consumers nationwide to financially prosper. They achieve this goal through education and advocacy. The nonprofit aims to equip these communities with the necessary knowledge and resources to navigate financial challenges, ultimately leading to financial stability and wealth creation.
The organization has utilized funds from a housing and insurance "CY Pres" court settlement to develop educational materials. These resources help low-income, BIPOC, and other underserved communities understand the benefits of homeownership and securing insurance. The materials address common challenges faced by these communities, such as the difficulty in accumulating a sufficient downpayment, high levels of student loan debt, and limited access to credit.
In addition, San Francisco Consumer Action has produced a webinar addressing the impact of the COVID-19 pandemic on housing and housing insecurity. This webinar provides valuable insights into how the pandemic has affected these communities, further emphasizing the importance of financial education and advocacy. The organization's mission is to equip and empower these communities, enabling them to build a legacy of generational wealth and achieve financial stability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
San Francisco Consumer Action empowers low- and moderate-income, limited-English-speaking, and other underrepresented consumers across the nation, enabling them to achieve financial stability and prosperity through targeted education and advocacy. By developing resources such as webinars and fact sheets, the organization addresses critical issues related to homeownership and insurance, which are essential for families seeking stability and a pathway to generational wealth.
The organization specifically focuses on the challenges faced by underserved communities, highlighting the difficulties in securing downpayments, managing student loan debt, and accessing credit. Through their initiatives, they provide valuable information that helps these individuals navigate the complex landscape of financial literacy and homeownership, fostering a sense of belonging and security within their communities.
In response to the unique circumstances brought on by the COVID-19 pandemic, Consumer Action also produced relevant content addressing housing insecurity, further demonstrating its commitment to supporting vulnerable populations. Overall, the organization plays a significant role in transforming lives and building resilient communities by equipping individuals with the knowledge and tools necessary for financial success.
This information is meant to be a general summary of San Francisco Consumer Action. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,757
- Program Service Revenue: $138,437
- Gross Receipts: $1,172,055
Assets and Liabilities:
- Total Assets: $1,266,588
- Total Liabilities: $242,369
- Net Assets: $1,024,219
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$131,726
MISCELLANEOUS INCOME
Revenue
$6,711
Organization Details
Founding Year
1971
Phone
(415) 777-9648Principal Officer
Anna Flores
Main Address
57 POST STREET SUITE 611, SAN FRANCISCO, CA, 94104
Website
www.consumer-action.org/NTEE Category
Code: W90 - Public benefit
If you are a representative of San Francisco Consumer Action and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.