Locus

Community development organization based in Richmond, VA. 99 employees. Exempt under §501(c)(3).

MissionOUR 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.

Financial snapshot · TY 2022

$44K
Total revenue
$5K
Total expenses
$102.3M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
2137.3 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

William Groves
SENIOR VICE PRESIDENT
$241,716
100th percentile vs. peers
Tammy Jackson
CHIEF HUMAN CAPITAL OFFICE
$189,137
100th percentile vs. peers
Jane Henderson
PRESIDENT & CEO
$47,092
35th percentile vs. peers

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Locus Executive Compensation | 990 Data | DoubleNine