NonprofitsLocus

Community Improvement & Capacity Building

Locus

CHRISTIANSBRG, VA

Total revenue

$138K

Total expenses

$609K

Net assets

$118.0M

Grants received

$12M

1 grants

EIN

863988949

Tax year

2024

Mission

Our mission is to offer innovative, flexible financial products designed to support housing and community development ventures, increase jobs and build sustainable communities. Locus offers loan capital that is broader than bank lending to projects that have a positive impact in low to moderate income communities in underserved geographies and markets.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$138K
Other revenue
Total revenue$138K

Expenses

Grants paid
Salaries & benefits$288K
Fundraising
Other expenses$321K
Total expenses$609K
Total assets$120.4M
Net assets$118.0M

People

24 listed

NameRoleCompensation

AMIR KIRKWOOD

PRESIDENT & CEO

Board

$241K

1 hrs/wk

CATHY DOLAN

DIRECTOR

Board

1 hrs/wk

MARY DWYER PEMBROKE

DIRECTOR

Board

0.5 hrs/wk

KIM ARMSTRONG

DIRECTOR

Board

1 hrs/wk

JACKIE PUENTE

DIRECTOR

Board

1 hrs/wk

FLORENCE KINGSTON

DIRECTOR

Board

1 hrs/wk

SHERRY MAGILL

DIRECTOR

Board

0.5 hrs/wk

WILLIAM SHELTON

DIRECTOR

Board

1 hrs/wk

AKSHAY NANDAKUMAR

DIRECTOR

Board

1 hrs/wk

DAVID EDWARDS

DIRECTOR

Board

1 hrs/wk

JAMES HARKNESS

DIRECTOR

Board

1 hrs/wk

CLYDE CORNETT

CHIEF FINANCIAL OFFICER

Board

1 hrs/wk

ASHLEY N COLEMAN

ASSISTANT SECRETARY

Board

1 hrs/wk

STACEY ANTONELLI-CHRISTENSEN

SECRETARY

Board

1 hrs/wk

DIXON HANNA

CHAIRMAN

Board

1 hrs/wk

CHARLIE H MILLS III

DIRECTOR

Board

1 hrs/wk

ANGELA C ZENON

CHIEF GROWTH AND STRATEGY OFFICER

Staff

$44K

1 hrs/wk

HOSHEUS ISAAC

CHIEF CREDIT OFFICER

Staff

1 hrs/wk

ERNEST MADDY

SR. RELATIONSHIP MANAGER III, AFFORDABLE HOUSING L

Staff

1 hrs/wk

JAMES BAEK

SR. VICE PRESIDENT, CIGP

Staff

1 hrs/wk

CAROLINE NOWERY

CHIEF EXTERNAL AFFAIR OFFICER, SVP

Staff

1 hrs/wk

PETER TAYLOR

CHIEF INFORMATION OFFICER

Staff

1 hrs/wk

TAMMY JACKSON

CHIEF HUMAN CAPITAL OFFICER, SVP

Staff

1 hrs/wk

WILLIAM GREENLEAF

EXECUTIVE DIRECTOR, IMPACT LENDING

Staff

1 hrs/wk

Independent contractors

IMPERIAL REAL ESTATE HOLDING DBA CAROUSE

RENT

$245K

TRUE PATH ADVISORY GROUP

CONSULTING

$238K

DAN FLYE

CONSULTING

$191K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$12M
PUBLIC, SOCIETAL BENEFIT
2023

Funded by

$12M from 1 funder · 1 grant · 2023

National Philanthropic Trust

$12M · 1 grant · 2023

Details

EIN863988949
NTEE codeS12
Subsection03
Ruling date2022-07
Formed2021
Employees99
Volunteers0
LOCUS — Mission, Financials & Grants Received | Grantivo