Public Charity

LOCUS IMPACT FUND

LOCUS IMPACT FUND is a nonprofit organization categorized as Public Charity based in CHRISTIANSBURG, VA. Its most recent IRS filing (2024) reports revenue of $10.8M, expenses of $9.8M, total assets of $89.3M. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $3.1M.

EIN: 541754009 CHRISTIANSBURG, VA Business & Industry NTEE: S40 Latest filing: 2024
Total Revenue$10.8M
Total Expenses$9.8M
Total Assets$89.3M
Grant Records11
Funding Total$3.1M
Filing Years2019–2024

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 IMPACT FUND 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.

Where $100 goes at Locus Impact Fund

How Locus Impact Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$79 Programs the work itself
$21 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $79 for programs

$79
Aid community development by providing loans, loan guarantees and other forms of debt or equity financing for community and business organizations, as well as to provide training and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Akshay Nandakumar
PRESIDENT & CEO Amir Kirkwood
CHIEF GROWTH AND STRATEGY OFFICER Angela C Zenon
ASSISTANT SECRETARY Ashley N Coleman
CHIEF EXTERNAL AFFAIR OFFICER, SVP Caroline Nowery
DIRECTOR Cathy Dolan

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$2,625,000 5 grants
General Support
$250,940 2 grants
Environment & Conservation
$200,000 1 grant
Human & Social Services
$20,000 1 grant
Unspecified
$15,395 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $10.8M $9.8M $89.3M
2023 $9.7M $8.7M $90.0M
2022 $9.6M $5.1M $68.1M
2020 $8.0M $5.5M $86.4M
2019 $6.6M $5.6M $81.3M

Between 2019 and 2024, reported annual revenue grew from $6.6M to $10.8M (+62%), with total assets most recently reported at $89.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LOCUS IMPACT FUND

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