EIN 26-3114011

Locus Impact Investing

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2008
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Locus Impact Investing empowers place-focused institutions to invest their capital locally to build more prosperous, vibrant communities. It supports foundations in exploring the field of place-based impact investing, unlocking assets for community benefit, and deploying their capital to create more vibrant and prosperous communities. Locus activities include consulting and training. Additionally, it administers Rebuild Virginia grants for small businesses on behalf of the state of Virginia.
Related structure
Locus Impact Investing is a subordinate organization under Locus Impact Fund.
Also known as...
Center for Rural Entrepreneurship
Total revenues
$17,238,118
2022
Total expenses
$7,579,390
2022
Total assets
$16,542,257
2022
Num. employees
0
2022

Program areas at Locus Impact Investing

Rebuild Virginia is administered for the state of Virginia to deploy grants to small businesses.
Supports place-focused foundations as they explore the field of place-based Impact Investing; seek to unlock assets for community benefit; and deploy their capital to create more vibrant, prosperous communities. Locus activities include consulting and training; transaction sourcing and structuring; and project underwriting and asset servicing.

Grants made by Locus Impact Investing

GranteeGrant descriptionAmount
Invest AppalachiaEcosystem Initiative$35,000

Who funds Locus Impact Investing

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Robert Wood Johnson Foundation (RWJF)77382 Supporting the Operations of the Community Investment Guarantee Pool and Measuring Its Impact and Effectiveness$381,449
California Wellness FoundationFor Core Operating Support for the Community Investment Guarantee Pool To Improve the Health and Well-Being of Low-Income Communities in California and the Nation.$345,000
Laura and John Arnold FoundationTo Provide Management Support for An Investment Guarantee Pool.$207,000
...and 7 more grants received

Personnel at Locus Impact Investing

NameTitleCompensation
Amir KirkwoodBoard Member$28,637
Jane HendersonPresident and Chief Executive Officer / Treasurer / Board Member$28,314
Clyde CornettBoard Member$19,076
James BaekExecutive Director$0
Jay BeekmanDirector of Investments
...and 24 more key personnel

Financials for Locus Impact Investing

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,741,810
Program services$15,216,238
Investment income and dividends$46,132
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$820
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$233,118
Total revenues$17,238,118

Form 990s for Locus Impact Investing

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-02-24990View PDF
2018-122020-06-16990View PDF
...and 9 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 15 new personnel
December 28, 2023
Received grants
Identified 3 new grant, including a grant for $381,449 from Robert Wood Johnson Foundation (RWJF)
December 27, 2023
Updated personnel
Identified 1 new personnel
December 21, 2023
Updated personnel
Identified 26 new personnel
Nonprofit Types
Research centersAgricultural programsChapter / child organizationsCharities
Issues
Science and technologyHuman servicesAgriculture
Characteristics
Conducts researchState / local levelTax deductible donationsNo full-time employees
General information
Address
7814 Carousel LN
Richmond, VA 23294
Metro area
Richmond, VA
County
Henrico County, VA
Website URL
locusimpact.org/ 
Phone
(402) 323-7339
IRS details
EIN
26-3114011
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
K20: Agricultural Programs
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Subordinate organization
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