Public nonprofit record
LOCUS
EIN 86-3988949 · Fund Raising & Fund Distribution - Community Improvement (S12)
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 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$138,182
Expenses$609,119
Assets$120,414,456
Income$138,182
Management$609,119
Accounting fees$53,474
About this charity
- Recognized since
- January 2022
- Location
- 7814 CAROUSEL LANE SUITE 100, RICHMOND, VA 23294
- County
- Henrico
- 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
- Fund Raising & Fund Distribution - Community Improvement (S12)
- IRS tax category
- Fund Raising & Fund Distribution
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 16
- Organization
- 1