1. Directory
  2. Virginia
  3. Christiansburg
  4. Locus Impact Fund
EIN 54-1754009

Locus Impact Fund

IRS 501(c) type
501(c)(3)
Num. employees
105
City
Christiansburg
State
Virginia
Year formed
1995
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Virginia Community Capital offers innovative and flexible financial products to support housing, community development ventures, increase jobs, and build sustainable communities. VCC provides loan capital that goes beyond bank lending to projects that aid community development through loans, loan guarantees, and other forms of debt or equity financing for community and business organizations. Additionally, they offer training and technical assistance to business owners and managers.
Also known as...
Virginia Community Capital
Total revenues
$9,660,698
2023
Total expenses
$8,733,182
2023
Total assets
$90,026,619
2023
Num. employees
105
2023

Program areas at Locus Impact Fund

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 technical assistance to business owners and managers.

Grants made by Locus Impact Fund

GranteeGrant descriptionAmount
River Street EducationGrant To Support the Proposed Petersburg Region Food Hub and Commercial Kitc$0

Who funds Locus Impact Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community FoundationEconomic Prosperity$125,000
The Thompson Charitable FoundationProgram Support$83,333
Dollar Bank FoundationCommunity Development$50,000
...and 1 more grant received

Personnel at Locus Impact Fund

NameTitleCompensation
Amir KirkwoodPresident and Chief Executive Officer / President VCC$162,922
Peter TaylorChief Operations Officer , Senior Vice President / Operating Officer / Chief Information Officer$93,169
Clyde A CornettChief Financial Officer$110,809
Libba McKinseyBoard Member
Caroline NoweryChief of External Affairs / Senior Vice President / Director of Investor Relations / Community Investment Manager / Vice President , Community Investments Manager$76,995
...and 8 more key personnel

Financials for Locus Impact Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,045,476
Program services$2,985,950
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-601
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,629,873
Total revenues$9,660,698

Form 990s for Locus Impact Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s

Organizations like Locus Impact Fund

OrganizationLocationRevenue
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,717,967
Ohio Community Development Finance FundColumbus, OH$16,922,285
Coastal Enterprises (CEI)Brunswick, ME$22,641,314
Florida Community Loan Fund (FCLF)Orlando, FL$15,185,807
Bluehub Loan FundBoston, MA$37,956,959
Baltimore Community LendingBaltimore, MD$4,865,383
Valley PartnersYoungstown, OH$8,153,238
Washington Area Community Investment FundWashington, DC$7,616,507
I2eOklahoma City, OK$6,662,200
Mountain AssociationBerea, KY$8,094,633
Data update history
August 26, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from Dollar Bank Foundation
January 23, 2024
Updated personnel
Identified 14 new personnel
January 16, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Received grants
Identified 2 new grant, including a grant for $2,175,000 from The Community Foundation
December 4, 2023
Updated personnel
Identified 22 new personnel
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
110 Peppers Ferry Rd NW
Christiansburg, VA 24073
Metro area
Blacksburg-Christiansburg, VA
County
Montgomery County, VA
Website URL
locusimpact.org/about/ 
Phone
(540) 260-3126
IRS details
EIN
54-1754009
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
Free account sign-up

Want updates when Locus Impact Fund has new information, or want to find more organizations like Locus Impact Fund?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy