Public nonprofit record
LOCUS IMPACT FUND
EIN 54-1754009 · Business & Industry (S40)
What they do
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.
Money
Tax year 2024Financial picture
Revenue$10,759,380
Expenses$9,778,078
Assets$89,280,183
Income$10,759,380
Contributions$6,190,834
Grants given$2,954,042
Average grant$89,516
Management$1,956,847
Accounting fees$43,685
About this charity
- Recognized since
- January 1999
- Location
- 110 PEPPERS FERRY ROAD NW, CHRISTIANSBURG, VA 24073
- County
- Montgomery
- In care of
- CLYDE A CORNETT JR
- Primary officer
- CLYDE A CORNETT JR, CFO
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- BROWN EDWARDS & COMPANY LLP
- NTEE classification
- Business & Industry (S40)
- IRS tax category
- Business & Industry
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1200
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1
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