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Filing year 2023

LOCUS

Richmond, Virginia·EIN 86-3988949·NTEE S12 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$12.1M
Total assets
$116.1M
Total expenses
$226k
Reported officers
22
Mission

OUR MISSION IS TO AIDE COMMUNITY AND ECONOMIC DEVELOPMENT INITIATIVES, EITHER DIRECTLY OR THROUGH INVESTMENTS IN SOCIAL ENTERPRISES THAT PROVIDE CAPITAL AND/OR TECHNICAL ASSISTANCE TO EARLY STAGE FOR-PROFIT AND NON-PROFIT BUSINESS ORGANIZATIONS AND COMMUNITY ORGANIZATIONS.

Reported officers (all unpaid)

No paid executives reported in 2023. LOCUS reported 22 unpaid officers and board members on its 990.

Chief Financial Officer, EVP
Secretary
Director
Chairman
Vice Chair
Director
Director
Director
Director
Director
Director
Director
Director
Assistant Secretary
President & CEO
Chief Human Resources Officer, SVP
Chief of External Affairs
Chief Operations Officer, SVP
Executive Director, Local Investment Strategy
Sr. Vice President, Cigp
Director
Director
Sector benchmark

What Community Improvement & Capacity Building executives earn in Virginia

LOCUS reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Virginia earns a median of $110,738.

25th percentile
$52k
Median
$110,738
75th percentile
$240k
90th percentile
$452k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 335 organizations across 335 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Virginia
FAQ

Common questions about LOCUS

What are LOCUS's revenue and expenses?

In 2023, LOCUS reported $12.1M in total revenue and $226k in total expenses on its IRS Form 990.

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