Public Charity

AEON

Based in MINNEAPOLIS, MN, AEON operates as a Public Charity. The organization reported $44.4M in revenue, $60.8M in expenses, $168.6M in total assets for fiscal year 2024. Imperigo tracks 96 reported grant relationships connected to this organization totaling approximately $8.7M.

EIN: 411558711 MINNEAPOLIS, MN Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$44.4M
Total Expenses$60.8M
Total Assets$168.6M
Grant Records96
Funding Total$8.7M
Filing Years2020–2024

Mission

TO CREATE AND SUSTAIN QUALITY AFFORDABLE HOMES THAT STRENGTHEN LIVES AND COMMUNITIES. AEON ACQUIRES, IMPROVES, AND PRESERVES DECENT, SAFE AND AFFORDABLE HOUSING FOR VERY LOW, LOW AND MODERATE INCOME PERSONS, REMAINING RESPONSIBLE AND RESPONSIVE TO THE COMMUNITY, NEIGHBORHOOD AND RESIDENTS IT SERVES.

Where $100 goes at Aeon

How Aeon divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$93 Programs the work itself
$4 Management running the organization
$3 Fundraising raising the next dollar

Inside the $93 for programs

$78
Rental operations
84% of program spending
$8
Property management
9% of program spending
$5
Housing development
5% of program spending · Reported in the filing: 6,000 homes

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT OF HUMAN RESOURCES Angela Emmrich
DIRECTOR Bob Timperley
CHIEF FINANCIAL OFFICER Caroline Horton
DIRECTOR Catherine Simmons-Faye Jones
DIRECTOR Dan Reed
EXECUTIVE VP OF OPERATIONS David Keinert

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$6,693,989 64 grants
Human & Social Services
$549,803 13 grants
Training & Professional Development
$200,000 4 grants
Economic Development
$110,223 2 grants
Health & Medicine
$100,125 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $44.4M $60.8M $168.6M
2023 $35.9M $74.9M $165.8M
2022 $34.8M $50.3M $203.6M
2021 $37.1M $44.8M $203.6M
2020 $34.4M $36.8M $205.4M

Between 2020 and 2024, reported annual revenue grew from $34.4M to $44.4M (+29%), with total assets most recently reported at $168.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for AEON

Complete financials, all 96 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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