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Filing year 2024

LOCUS IMPACT FUND

Christiansburg, Virginia·EIN 54-1754009·NTEE S40 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$10.8M
Total assets
$89.3M
Total expenses
$9.8M
Reported officers
24
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Chief Financial Officer
75th to 90th percentile
$208k
$220k
Base
$165k
Bonus
$31k
Other
Benefits
Sr. Vice President, Cigp
Board Vice President
Median to 75th percentile
$194k
$206k
Base
$164k
Bonus
$21k
Other
Benefits
Executive Director, Impact Lending
Median to 75th percentilevs Community Improvement & Capacity Building peers in Virginia
$149k
$158k
Base
$133k
Bonus
$9k
Other
Benefits
Chief Information Officer
10th to 25th percentile
$125k
$133k
Base
$106k
Bonus
$11k
Other
Benefits
Chief Growth and Strategy Officer
Key Employee
25th percentile to median
$124k
$131k
Base
$97k
Bonus
$20k
Other
Benefits
Chief External Affair Officer, SVP
Senior Vice President
10th to 25th percentile
$118k
$125k
Base
$90k
Bonus
$20k
Other
Benefits
Chief Human Capital Officer, SVP
Senior Vice President
10th to 25th percentile
$112k
$119k
Base
$83k
Bonus
$22k
Other
Benefits
Chief Credit Officer
Key Employee
25th percentile to median
$87k
$92k
Base
$71k
Bonus
$16k
Other
Benefits
Assistant Secretary
Secretary (Operational)
Median to 75th percentile
$85k
$90k
Base
$71k
Bonus
$8k
Other
Benefits
President & CEO
25th percentile to medianvs Community Improvement & Capacity Building peers in Virginia
$71k
$75k
Base
$29k
Bonus
$42k
Other
Benefits
Sr. Relationship Manager Iii, Affordable Housing L
Key Employee
25th percentile to median
$66k
$70k
Base
$53k
Bonus
$7k
Other
Benefits
Secretary
Secretary (Operational)
25th percentile to median
$37k
$39k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$7k
$8k
Director
Board Member
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOCUS IMPACT FUND equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
2%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 15%
from 2023

From $245k in 2023 to $208k in 2024.

$245k
2023
$208k
2024
In today's dollarsEst.
Down 18% in real terms$268k to $220k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay fell 21% from 2023 to 2024, while revenue rose 11%.

$245k in 2023 to $194k in 2024.
  • Chief Executive Officer pay fell 21% from 2023 to 2024.
  • Senior Vice President pay rose 27% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOCUS IMPACT FUND

What does the Chief Financial Officer of LOCUS IMPACT FUND earn?

In 2024, the Chief Financial Officer of LOCUS IMPACT FUND received $207,822 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at LOCUS IMPACT FUND compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Financial Officer at LOCUS IMPACT FUND falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LOCUS IMPACT FUND equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are LOCUS IMPACT FUND's revenue and expenses?

In 2024, LOCUS IMPACT FUND reported $10.8M in total revenue and $9.8M in total expenses on its IRS Form 990.

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