NonprofitsLocus Impact Fund

Community Improvement & Capacity Building

Locus Impact Fund

CHRISTIANSBRG, VA

Total revenue

$10.8M

Total expenses

$9.8M

Net assets

$26.2M

Grants received

$3.5M

16 grants

EIN

541754009

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$6.2M
Program service revenue$3.6M
Investment income
Other revenue$992K
Total revenue$10.8M

Expenses

Grants paid$200K
Salaries & benefits$5.8M
Fundraising
Other expenses$3.8M
Total expenses$9.8M
Total assets$89.3M
Net assets$26.2M

People

24 listed

NameRoleCompensation

CLYDE CORNETT

CHIEF FINANCIAL OFFICER

Board

$196K

17 hrs/wk

ASHLEY N COLEMAN

ASSISTANT SECRETARY

Board

$79K

17 hrs/wk

AMIR KIRKWOOD

PRESIDENT & CEO

Board

$71K

17 hrs/wk

STACEY ANTONELLI-CHRISTENSEN

SECRETARY

Board

$36K

17 hrs/wk

JACKIE PUENTE

DIRECTOR

Board

$10K

1 hrs/wk

AKSHAY NANDAKUMAR

DIRECTOR

Board

$8K

1 hrs/wk

MARY DWYER PEMBROKE

DIRECTOR

Board

$7K

0.5 hrs/wk

KIM ARMSTRONG

DIRECTOR

Board

$2K

1 hrs/wk

CATHY DOLAN

DIRECTOR

Board

$2K

1 hrs/wk

CHARLIE H MILLS III

DIRECTOR

Board

1 hrs/wk

JAMES HARKNESS

DIRECTOR

Board

1 hrs/wk

DIXON HANNA

CHAIRMAN

Board

1 hrs/wk

WILLIAM SHELTON

DIRECTOR

Board

1 hrs/wk

SHERRY MAGILL

DIRECTOR

Board

0.5 hrs/wk

FLORENCE KINGSTON

DIRECTOR

Board

1 hrs/wk

DAVID EDWARDS

DIRECTOR

Board

1 hrs/wk

JAMES BAEK

SR. VICE PRESIDENT, CIGP

Staff

$185K

39 hrs/wk

WILLIAM GREENLEAF

EXECUTIVE DIRECTOR, IMPACT LENDING

Staff

$142K

17 hrs/wk

PETER TAYLOR

CHIEF INFORMATION OFFICER

Staff

$118K

17 hrs/wk

ANGELA C ZENON

CHIEF GROWTH AND STRATEGY OFFICER

Staff

$118K

17 hrs/wk

CAROLINE NOWERY

CHIEF EXTERNAL AFFAIR OFFICER, SVP

Staff

$110K

17 hrs/wk

TAMMY JACKSON

CHIEF HUMAN CAPITAL OFFICER, SVP

Staff

$106K

17 hrs/wk

HOSHEUS ISAAC

CHIEF CREDIT OFFICER

Staff

$87K

17 hrs/wk

ERNEST MADDY

SR. RELATIONSHIP MANAGER III, AFFORDABLE HOUSING L

Staff

$60K

17 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$100K
ECONOMIC PROSPERITY
2024
$75K
81726 SITE VISIT DONATION FOR THE LOCUS IMPACT FUND
2024
$49K
Support Community Investment Guarantee Pool
2024
$11K
NONE
2024
$5K
LOCUS 2025 LEARNING EXCHANGE
2024
$4K
CIGP BINW CLAIM-20240426
2024
$940
TO PROVIDE GENERAL SUPPORT
2024
$205K
INVESTING IN CALIFORNIA COMMUNITY HEALTH VIA GUARANTEE POOLS: TO UNLOCK AND DEPLOY CAPITAL IN COMMUNITIES TO HELP THEM REALIZE THEIR FULL POTENTIAL AS HEALTHY AND PROSPEROUS PLACES ACROSS CALIFORNIA.
2023
$125K
ECONOMIC PROSPERITY
2023
$27K
TO PARTICIPATE IN THE COMMUNITY INVESTMENT GUARANTEE FACILITY
2023
$2.2M
ECONOMIC PROSPERITY
2022
$100K
BUSINESS DEVELOPMENT IN APPALACHIA
2022
$250K
1 GRANT(S) FOR VARYING PURPOSES
2020
$200K
RENEWABLE ENERGY EFFICIENT GRANT
2020
$125K
EMERGENCY BUSINESS ASSISTANCE GRANT
2020
$20K
HUMAN SERVICES
2020

Funded by

$3.5M from 12 funders · 16 grants · 2020–2024

The Community Foundation Inc

$2.4M · 3 grants · 2022–2024

The Winston-Salem Foundation

$250K · 1 grant · 2020

The California Endowment

$205K · 1 grant · 2023

Opportunity Finance Network

$200K · 1 grant · 2020

Appalachian Community Capital

$125K · 1 grant · 2020

Appalachian Community Capital

$100K · 1 grant · 2022

The Robert Wood Johnson Foundation

$75K · 1 grant · 2024

Annie E Casey Foundation Inc

$49K · 1 grant · 2024

Details

EIN541754009
NTEE codeS40
Subsection03
Ruling date1999-12
Formed1995
Employees99
Volunteers0
LOCUS IMPACT FUND — Mission, Financials & Grants Received | Grantivo