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Nonprofiteer
← LOCUS IMPACT FUND

Form 990 for tax year 2022

Filed by LOCUS IMPACT FUND.

Totals

Total revenue
$9,556,651
Total expenses
$5,097,939
Contributions and grants received
$6,626,276
Grants paid
$635,000
Program services expenses (Part IX)
$4,100,555
Management and general expenses
$997,384
Fundraising expenses
$0
Program service expenses (Part III)
$4,100,555

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

  • SHERRY MAGILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DIXON HANNA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JAMES W HARKNESS JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CHARLIE H MILLS III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CATHY DOLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AMIR KIRKWOOD

    PRESIDENT & CEO

    Total calculated
    $286,370
    From this org
    $143,185
    From related orgs
    $143,185
    Other
    $0
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $143,185 + $143,185 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $143,185 + $143,185 related

  • SARAH STREMLAU

    LOCUS PRESIDENT

    Total calculated
    $237,515
    From this org
    $0
    From related orgs
    $237,515
    Other
    $0
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,515 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $237,515 related

  • MARY DWYER PEMBROKE

    DIRECTOR

    Total calculated
    $8,250
    From this org
    $8,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 1 related

  • KIM ARMSTRONG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JACKIE PUENTE

    DIRECTOR

    Total calculated
    $14,700
    From this org
    $14,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 1 related

  • FLORENCE KINGSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • ROBERT GILLIAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • WILLIAM SHELTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • CLYDE CORNETT

    CFO & TREASURER

    Total calculated
    $238,448
    From this org
    $66,766
    From related orgs
    $171,682
    Other
    $0
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $66,766 + $171,682 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $66,766 + $171,682 related

  • DEBORAH MARKLEY

    SENIOR VICE PRESIDENT

    Total calculated
    $181,132
    From this org
    $0
    From related orgs
    $181,132
    Other
    $0
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $181,132 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $181,132 related

  • TAMMY JACKSON

    CHIEF HUMAN CAPITAL OFFICE

    Total calculated
    $189,137
    From this org
    $60,524
    From related orgs
    $128,613
    Other
    $0
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $60,524 + $128,613 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $60,524 + $128,613 related

  • ADAM NORTHOP

    SENIOR VICE PRESIDENT

    Total calculated
    $91,494
    From this org
    $0
    From related orgs
    $91,494
    Other
    $0
    Hours/week
    1 + 39 related

  • PETER TAYLOR

    CHIEF INFORMATION OFFICER

    Total calculated
    $200,997
    From this org
    $64,319
    From related orgs
    $136,678
    Other
    $0
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $64,319 + $136,678 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $64,319 + $136,678 related

  • WILL GROVES II

    CRO & CIO

    Total calculated
    $241,716
    From this org
    $48,343
    From related orgs
    $193,373
    Other
    $0
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $48,343 + $193,373 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $48,343 + $193,373 related

  • ERNEST MADDY

    SENIOR VICE PRESIDENT

    Total calculated
    $129,874
    From this org
    $25,974
    From related orgs
    $103,900
    Other
    $0
    Hours/week
    20 + 20 related

  • BILL GREENLEAF

    SENIOR VICE PRESIDENT

    Total calculated
    $148,393
    From this org
    $44,518
    From related orgs
    $103,875
    Other
    $0
    Hours/week
    20 + 20 related

  • CHRIS HAIRSTON-WHITE

    SENIOR VICE PRESIDENT

    Total calculated
    $142,094
    From this org
    $28,419
    From related orgs
    $113,675
    Other
    $0
    Hours/week
    20 + 20 related

  • JOSEPH BARNES

    SENIOR VICE PRESIDENT

    Total calculated
    $130,109
    From this org
    $26,022
    From related orgs
    $104,087
    Other
    $0
    Hours/week
    20 + 20 related

  • TRAVIS M GREEN

    VICE PRESIDENT

    Total calculated
    $110,820
    From this org
    $0
    From related orgs
    $110,820
    Other
    $0
    Hours/week
    0 + 40 related

  • LINDA BRYDIE

    VICE PRESIDENT

    Total calculated
    $119,883
    From this org
    $0
    From related orgs
    $119,883
    Other
    $0
    Hours/week
    0 + 40 related

  • ASHLEY N COLEMAN

    VICE PRESIDENT

    Total calculated
    $128,256
    From this org
    $64,128
    From related orgs
    $64,128
    Other
    $0
    Hours/week
    20 + 18 related

  • JOSEPH BEEKMAN

    VICE PRESIDENT

    Total calculated
    $141,014
    From this org
    $0
    From related orgs
    $141,014
    Other
    $0
    Hours/week
    0 + 40 related

  • CORBIN ANDERSON

    VICE PRESIDENT

    Total calculated
    $114,780
    From this org
    $57,390
    From related orgs
    $57,390
    Other
    $0
    Hours/week
    20 + 20 related

  • JAMES BAEK

    EXECUTIVE DIRECTOR

    Total calculated
    $234,719
    From this org
    $0
    From related orgs
    $234,719
    Other
    $0
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,719 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $234,719 related

  • MEREDITH SMITH

    SENIOR VICE PRESIDENT

    Total calculated
    $130,976
    From this org
    $26,195
    From related orgs
    $104,781
    Other
    $0
    Hours/week
    20 + 18 related

  • LISA O'MARA

    VICE PRESIDENT

    Total calculated
    $107,293
    From this org
    $0
    From related orgs
    $107,293
    Other
    $0
    Hours/week
    0 + 40 related

  • CAROLINE NOWERY

    SENIOR VICE PRESIDENT

    Total calculated
    $158,486
    From this org
    $79,243
    From related orgs
    $79,243
    Other
    $0
    Hours/week
    20 + 18 related

    Schedule J breakdown matched by us

    Base
    $79,243 + $79,243 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $79,243 + $79,243 related

  • DAVID NEWSOME

    VICE PRESIDENT

    Total calculated
    $112,376
    From this org
    $19,104
    From related orgs
    $93,272
    Other
    $0
    Hours/week
    12 + 28 related

  • ALLIE FRIDLEY

    DIRECTOR OF INTERNAL AUDIT

    Total calculated
    $105,897
    From this org
    $33,887
    From related orgs
    $72,010
    Other
    $0
    Hours/week
    20 + 18 related

  • ELIZABETH BETTLEY

    SMALL BUSINESS LOAN OFFICER

    Total calculated
    $105,979
    From this org
    $21,196
    From related orgs
    $84,783
    Other
    $0
    Hours/week
    20 + 20 related

  • JESSICA ALLEY

    DIRECTOR OF INFORMATION TECHNOLOGY

    Total calculated
    $115,194
    From this org
    $36,862
    From related orgs
    $78,332
    Other
    $0
    Hours/week
    20 + 18 related

  • CHRIS SPANOULIS

    REAL ESTATE LOAN OFFICER

    Total calculated
    $107,890
    From this org
    $21,578
    From related orgs
    $86,312
    Other
    $0
    Hours/week
    20 + 20 related

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 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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • LOCUS IMPACT INVESTING

    501(C)(3) · TO EMPOWER PLACE-FOCUSED INVESTMENT · VA

    Directly controlled by LOCUS

  • LOCUS FOUNDATION

    501(C)(3) · TO SUPPORT AND AID COMMUNITY AND ECONOMIC DEVELOPMENT · VA

    Directly controlled by LOCUS

  • LOCUS

    501(C)(3) · TO SUPPORT AND AID COMMUNITY AND ECONOMIC DEVELOPMENT · VA

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349324870

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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