Locus

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

7814 Carousel Lane Suite 100
Richmond, Virginia 23294

Locus (EIN: 86-3988949) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2022 IRS Form 990 filing, Locus, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $178,748. The highest compensated employee at Locus is Amir Kirkwood with fiscal year 2022 compensation of $286,371. Locus changed its name from Vcc Social Enterprises in 2022.

Revenue, expenses, and employee compensation

Revenue

$44,482

Expenses

$4,600

Employee compensation

Reported Compensated Employees

$0 from org$286,371 from relatedNo other comp

＋6.4%vs 2021

William Groves

Senior Vice President

$241,716

$0 from org$241,716 from relatedNo other comp

＋10.8%vs 2021

Clyde Cornett Jr

Executive Vice President and Chief Financial Officer

$238,447

$0 from org$238,447 from relatedNo other comp

$0 from org$237,515 from relatedNo other comp

＋8.8%vs 2021

Tammy Jackson

Chief Human Capital Office

$189,137

$0 from org$189,137 from relatedNo other comp

＋4.0%vs 2021

Deb Markley

Senior Vice President

$181,132

$0 from org$181,132 from relatedNo other comp

New in 2022

Caroline Nowery

Senior Vice President - LO

$158,486

$0 from org$158,486 from relatedNo other comp

－54.7%vs 2021

Adam Northup

Senior Vice President

$91,494

$0 from org$91,494 from relatedNo other comp

$0 from org$82,399 from relatedNo other comp

$0 from org$80,784 from relatedNo other comp

Non-Employee Board Members

New in 2022

Jane Henderson

President and Chief Executive Officer

$47,092

$0 from org$47,092 from relatedNo other comp

William Shelton

Director

No compensation reported

Dixon Hanna

Director

No compensation reported

Mary Dwyer Pembroke

Director

No compensation reported

Charles Mills III

Director

No compensation reported

Robert Gilliam Jr

Director

No compensation reported

Kimberly Armstrong

Director

No compensation reported

Sherry Magill

Director

No compensation reported

Cathy Dolan

Director

No compensation reported

Florence Kingston

Director

No compensation reported

James Harkness Jr

Director

No compensation reported

Jackie Puente

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 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.