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Locus

  • Richmond, VA
  • Tax-exempt since July 2022
  • EIN: 86-3988949

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2024 tax filing, this nonprofit:

Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Summary charts: organization finances over time

Revenue
$138k (2024)

Expenses
$609k (2024)

Total Assets
$120M (2024)

Total Liabilities
$2.39M (2024)

Source: Form 990 tax filings from 2021 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$138,182
Expenses
$609,119
Net Income
-$470,937
Net Assets
$118,021,141
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $138,182
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $284,127
46.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $120,414,456
Total Liabilities $2,393,315
Net Assets $118,021,141
Other
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Amir Kirkwood (President & Ceo) $240,550 $150,120 $0
Angela C Zenon (Chief Growth And Strategy Officer) $43,576 $200,246 $6,106
Dixon Hanna (Chairman) $0 $9,850 $0
Charlie H Mills Iii (Director) $0 $8,400 $0
Cathy Dolan (Director) $0 $10,950 $0
Mary Dwyer Pembroke (Director) $0 $7,150 $0
Kim Armstrong (Director) $0 $12,150 $0
Jackie Puente (Director) $0 $10,450 $0
Florence Kingston (Director) $0 $13,850 $0
Sherry Magill (Director) $0 $6,350 $0
William Shelton (Director) $0 $15,650 $0
Akshay Nandakumar (Director) $0 $8,450 $0
David Edwards (Director) $0 $4,750 $0
James Harkness (Director) $0 $2,850 $0
Clyde Cornett (Chief Financial Officer) $0 $360,833 $11,526
Ashley N Coleman (Assistant Secretary) $0 $167,660 $5,953
Stacey Antonelli Christensen (Secretary) $0 $58,164 $1,459
Hosheus Isaac (Chief Credit Officer) $0 $195,475 $0
Ernest Maddy (Sr. Relationship Manager Iii, Affordable Housing L) $0 $153,300 $5,412
James Baek (Sr. Vice President, Cigp) $0 $261,088 $9,216
Caroline Nowery (Chief External Affair Officer, Svp) $0 $240,952 $7,800
Peter Taylor (Chief Information Officer) $0 $215,304 $7,483
Tammy Jackson (Chief Human Capital Officer, Svp) $0 $212,231 $6,087
William Greenleaf (Executive Director, Impact Lending) $0 $206,623 $7,377
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Document Links

990
Filed on Nov. 14, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,113,077
Expenses
$225,818
Net Income
$11,887,259
Net Assets
$114,659,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,000,000
99.1%
Program Services $0
Investment Income $113,077
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $116,076,941
Total Liabilities $1,417,443
Net Assets $114,659,498
Compensation
Key Employees and Officers Compensation Related Other
Clyde Cornett (Chief Financial Officer, Evp) $0 $263,831 $0
Stacey Antonelli Christensen (Secretary) $0 $92,372 $0
Sherry Magill (Director) $0 $10,550 $0
Dixon Hanna (Chairman) $0 $13,700 $0
James W Harkness Jr (Vice Chair) $0 $14,850 $0
Charlie H Mills Iii (Director) $0 $13,700 $0
Cathy Dolan (Director) $0 $17,450 $0
Mary Dwyer Pembroke (Director) $0 $12,300 $0
Kim Armstrong (Director) $0 $16,100 $0
Jackie Puente (Director) $0 $12,000 $0
Florence Kingston (Director) $0 $15,750 $0
Robert Gilliam (Director) $0 $16,050 $0
William Shelton (Director) $0 $14,700 $0
Akshay Nandakumar (Director) $0 $11,400 $0
David Edwards (Director) $0 $1,000 $0
Ashley N Coleman (Assistant Secretary) $0 $145,360 $0
Amir Kirkwood (President & Ceo) $0 $387,910 $0
Tammy Jackson (Chief Human Resources Officer, Svp) $0 $198,224 $0
Caroline Nowery (Chief Of External Affairs) $0 $183,321 $0
Peter Taylor (Chief Operations Officer, Svp) $0 $221,831 $0
Deborah Markley (Executive Director, Local Investment Strategy) $0 $198,775 $0
James Baek (Sr. Vice President, Cigp) $0 $245,251 $0
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Document Links

990
Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,482
Expenses
$4,600
Net Income
$39,882
Net Assets
$100,733,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $44,482
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $102,314,462
Total Liabilities $1,580,985
Net Assets $100,733,477
Compensation
Key Employees and Officers Compensation Related Other
Jane Henderson (President & Ceo) $0 $47,092 $0
Kimberly Armstrong (Director) $0 $0 $0
Cathy Dolan (Director) $0 $0 $0
Robert Gilliam Jr (Director) $0 $0 $0
Dixon Hanna (Director) $0 $0 $0
James Harkness Jr (Director) $0 $0 $0
Florence Kingston (Director) $0 $0 $0
Sherry Magill (Director) $0 $0 $0
Charles Mills Iii (Director) $0 $0 $0
Mary Dwyer Pembroke (Director) $0 $0 $0
Jackie Puente (Director) $0 $0 $0
William Shelton (Director) $0 $0 $0
Clyde Cornett Jr (Evp & Cfo) $0 $238,447 $0
Tammy Jackson (Chief Human Capital Office) $0 $189,137 $0
Wayne Waldrop (President Lending) $0 $82,399 $0
William Groves (Senior Vice President) $0 $241,716 $0
Adam Northup (Senior Vice President) $0 $91,494 $0
Deb Markley (Senior Vice President) $0 $181,132 $0
Amir Kirkwood (President Vcc) $0 $286,371 $0
Sarah Stremlau (President Locus) $0 $237,515 $0
Libba Mckinsley (Chief Of Staff) $0 $80,784 $0
Caroline Nowery (Senior Vice President Lo) $0 $158,486 $0
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Document Links

990
Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,793
Expenses
$600
Net Income
$8,193
Net Assets
$52,478,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,793
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,478,901
Total Liabilities $0
Net Assets $52,478,901
Compensation
Key Employees and Officers Compensation Related Other
Jane Henderson (President & Ceo) $0 $343,568 $0
Kimberly Armstrong (Director) $0 $0 $0
Cathy Dolan (Director) $0 $0 $0
Robert Gilliam Jr (Director) $0 $0 $0
Dixon Hanna (Director) $0 $0 $0
James Harkness Jr (Director) $0 $0 $0
Florence Kingston (Director) $0 $0 $0
Sherry Magill (Director) $0 $0 $0
Charles Mills Iii (Director) $0 $0 $0
Mary Dwyer Pembroke (Director) $0 $0 $0
Jackie Puente (Director) $0 $0 $0
William Shelton (Director) $0 $0 $0
Clyde Cornett Jr (Evp & Cfo) $0 $215,246 $0
Tammy Jackson (Chief Human Capital Officer) $0 $173,900 $0
Wayne Waldrop (President Lending) $0 $229,141 $0
William Groves (Senior Vice President) $0 $227,160 $0
Adam Northup (Senior Vice President) $0 $201,768 $0
Deb Markley (Senior Vice President) $0 $174,229 $0
Amir Kirkwood (President Vcc) $0 $54,690 $0
Sarah Stremlau (President Locus) $0 $225,291 $0
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Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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