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Nonprofiteer
← LOCUS IMPACT INVESTING

Form 990 for tax year 2022

Filed by LOCUS IMPACT INVESTING.

Totals

Total revenue
$17,238,118
Total expenses
$7,579,390
Contributions and grants received
$1,741,810
Grants paid
$55,050
Program services expenses (Part IX)
$7,269,314
Management and general expenses
$310,076
Fundraising expenses
$0
Program service expenses (Part III)
$7,269,314

Program services were 95.9% 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
    $286,371
    From this org
    $28,637
    From related orgs
    $257,734
    Other
    $0
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $28,637 + $257,734 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $28,637 + $257,734 related

  • SARAH STREMLAU

    LOCUS PRESIDENT

    Total calculated
    $237,515
    From this org
    $71,252
    From related orgs
    $166,263
    Other
    $0
    Hours/week
    12 + 28 related

    Schedule J breakdown matched by us

    Base
    $71,252 + $166,263 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $71,252 + $166,263 related

  • MARY DWYER PEMBROKE

    DIRECTOR

    Total calculated
    $8,250
    From this org
    $0
    From related orgs
    $8,250
    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
    $0
    From related orgs
    $14,700
    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
    $238,447
    From this org
    $19,076
    From related orgs
    $219,371
    Other
    $0
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $19,076 + $219,371 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $19,076 + $219,371 related

  • DEBORAH MARKLEY

    SENIOR VICE PRESIDENT

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

    Schedule J breakdown matched by us

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

  • TAMMY JACKSON

    CHIEF HUMAN CAPITAL OFFICE

    Total calculated
    $189,137
    From this org
    $15,131
    From related orgs
    $174,006
    Other
    $0
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $15,131 + $174,006 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $15,131 + $174,006 related

  • ADAM NORTHOP

    SENIOR VICE PRESIDENT

    Total calculated
    $91,494
    From this org
    $10,873
    From related orgs
    $80,621
    Other
    $0
    Hours/week
    12 + 28 related

  • PETER TAYLOR

    CHIEF INFORMATION OFFICER

    Total calculated
    $200,998
    From this org
    $16,080
    From related orgs
    $184,918
    Other
    $0
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $16,080 + $184,918 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $16,080 + $184,918 related

  • WILL GROVES II

    CRO & CIO

    Total calculated
    $241,716
    From this org
    $0
    From related orgs
    $241,716
    Other
    $0
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $241,716 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $241,716 related

  • ERNEST MADDY

    SENIOR VICE PRESIDENT

    Total calculated
    $129,875
    From this org
    $0
    From related orgs
    $129,875
    Other
    $0
    Hours/week
    0 + 40 related

  • BILL GREENLEAF

    SENIOR VICE PRESIDENT

    Total calculated
    $148,393
    From this org
    $0
    From related orgs
    $148,393
    Other
    $0
    Hours/week
    0 + 40 related

  • CHRIS HAIRSTON-WHITE

    SENIOR VICE PRESIDENT

    Total calculated
    $142,093
    From this org
    $0
    From related orgs
    $142,093
    Other
    $0
    Hours/week
    0 + 40 related

  • JOSEPH BARNES

    SENIOR VICE PRESIDENT

    Total calculated
    $130,109
    From this org
    $0
    From related orgs
    $130,109
    Other
    $0
    Hours/week
    0 + 40 related

  • TRAVIS M GREEN

    VICE PRESIDENT

    Total calculated
    $110,820
    From this org
    $99,738
    From related orgs
    $11,082
    Other
    $0
    Hours/week
    40

  • LINDA BRYDIE

    VICE PRESIDENT

    Total calculated
    $119,883
    From this org
    $0
    From related orgs
    $119,883
    Other
    $0
    Hours/week
    12 + 28 related

  • ASHLEY N COLEMAN

    VICE PRESIDENT

    Total calculated
    $128,256
    From this org
    $6,413
    From related orgs
    $121,843
    Other
    $0
    Hours/week
    2 + 38 related

  • JOSEPH BEEKMAN

    VICE PRESIDENT

    Total calculated
    $141,014
    From this org
    $0
    From related orgs
    $141,014
    Other
    $0
    Hours/week
    12 + 28 related

  • CORBIN ANDERSON

    VICE PRESIDENT

    Total calculated
    $114,780
    From this org
    $0
    From related orgs
    $114,780
    Other
    $0
    Hours/week
    0 + 40 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
    $0
    From related orgs
    $130,976
    Other
    $0
    Hours/week
    2 + 38 related

  • LISA O'MARA

    VICE PRESIDENT

    Total calculated
    $107,294
    From this org
    $85,835
    From related orgs
    $21,459
    Other
    $0
    Hours/week
    40

  • CAROLINE NOWERY

    SENIOR VICE PRESIDENT

    Total calculated
    $158,486
    From this org
    $0
    From related orgs
    $158,486
    Other
    $0
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $158,486 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $158,486 related

  • DAVID NEWSOME

    VICE PRESIDENT

    Total calculated
    $112,376
    From this org
    $8,990
    From related orgs
    $103,386
    Other
    $0
    Hours/week
    12 + 28 related

  • ALLIE FRIDLEY

    DIRECTOR OF INTERNAL AUDIT

    Total calculated
    $105,897
    From this org
    $8,472
    From related orgs
    $97,425
    Other
    $0
    Hours/week
    2 + 38 related

  • ELIZABETH BETTLEY

    SMALL BUSINESS LOAN OFFICER

    Total calculated
    $105,979
    From this org
    $0
    From related orgs
    $105,979
    Other
    $0
    Hours/week
    0 + 40 related

  • JESSICA ALLEY

    DIRECTOR OF INFORMATION TECHNOLOGY

    Total calculated
    $115,193
    From this org
    $9,215
    From related orgs
    $105,978
    Other
    $0
    Hours/week
    2 + 38 related

  • CHRIS SPANOULIS

    REAL ESTATE LOAN OFFICER

    Total calculated
    $107,890
    From this org
    $0
    From related orgs
    $107,890
    Other
    $0
    Hours/week
    0 + 40 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

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 FUND INC

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

    Directly controlled by VCC SOCIAL ENTERPRISES

  • LOCUS FOUNDATION

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

    Directly controlled by VCC SOCIAL ENTERPRISES

  • 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
202323199349324862

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

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