Compensation 990

Locus Impact Fund

Fiscal year ending 2022. Filed on November 15, 2023.

110 Peppers Ferry Road NW
Christiansburg, Virginia 24073

Locus Impact Fund (EIN: 54-1754009) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Locus Impact Fund, a 501(c)(3) charitable organization, reported compensation for 26 out of 115 total employees. Among the employees shown here, the average compensation is $154,263. The highest compensated employee at Locus Impact Fund is Amir Kirkwood with fiscal year 2022 compensation of $286,370. Locus Impact Fund changed its name from Virginia Community Capital Inc. in 2022.

Revenue, expenses, and employee compensation

Revenue

$9,556,651

Expenses

$5,097,939

Employee compensation

$2,699,637
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋423.6%vs 2021
Amir Kirkwood
President and Chief Executive Officer
$286,370
$143,185 from org$143,185 from relatedNo other comp
New in 2022
Will Groves II
CRO and CIO
$241,716
$48,343 from org$193,373 from relatedNo other comp
＋29.7%vs 2018
Clyde Cornett
Chief Financial Officer and Treasurer
$238,448
$66,766 from org$171,682 from relatedNo other comp
＋5.4%vs 2021
Sarah Stremlau
Locus President
$237,515
$0 from org$237,515 from relatedNo other comp
New in 2022
James Baek
Executive Director
$234,719
$0 from org$234,719 from relatedNo other comp
＋20.4%vs 2021
Peter Taylor
Chief Information Officer
$200,997
$64,319 from org$136,678 from relatedNo other comp
＋8.8%vs 2021
Tammy Jackson
Chief Human Capital Office
$189,137
$60,524 from org$128,613 from relatedNo other comp
＋13.8%vs 2018
Deborah Markley
Senior Vice President
$181,132
$0 from org$181,132 from relatedNo other comp
＋1.6%vs 2020
Caroline Nowery
Senior Vice President
$158,486
$79,243 from org$79,243 from relatedNo other comp
New in 2022
Bill Greenleaf
Senior Vice President
$148,393
$44,518 from org$103,875 from relatedNo other comp
New in 2022
Chris Hairston-White
Senior Vice President
$142,094
$28,419 from org$113,675 from relatedNo other comp
New in 2022
Joseph Beekman
Vice President
$141,014
$0 from org$141,014 from relatedNo other comp

Non-Employee Board Members

New in 2022
Jackie Puente
Director
$14,700
$14,700 from orgNo related compNo other comp
New in 2022
Mary Dwyer Pembroke
Director
$8,250
$8,250 from orgNo related compNo other comp
Sherry Magill
Director
No compensation reported
New in 2022
Robert Gilliam
Director
No compensation reported
William Shelton
Director
No compensation reported
Florence Kingston
Director
No compensation reported
－100%vs 2018
Kim Armstrong
Director
No compensation reported
Cathy Dolan
Director
No compensation reported
－100%vs 2018
Charlie H Mills III
Director
No compensation reported
James W Harkness Jr
Director
No compensation reported
Dixon Hanna
Director
No compensation reported

Mission Statement

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.

Revisions to this organization profile

November 14, 2025:
2024 Locus Impact Fund 990 filed
November 11, 2024:
2023 Locus Impact Fund 990 filed
November 15, 2023:
2022 Locus Impact Fund 990 filed

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