NonprofitsAeon

Housing & Shelter

Aeon

MINNEAPOLIS, MN

Total revenue

$44.4M

Total expenses

$60.8M

Net assets

Grants received

$12.4M

191 grants

EIN

411558711

Tax year

2024

Mission

To create and sustain quality affordable homes that strengthen lives and communities.

Programs

3 programs

Housing development - aeon expands affordable housing through new construction and acquisitions. We currently have almost 6,000 homes across 60 properties in the twin cities metro region.

Expenses: $3.1M

Property management - aeon manages most of the properties it owns, ensuring apartment homes are quality homes for the long-term, while building positive relationships with residents. As of december 31, 2024, aeon manages 50 properties across the twin cities metro region.

Expenses: $4.9M

Resident connections - many residents come to aeon with a variety of challenges and lived experiences. Resident services provides support to start addressing barriers and help residents successfully maintain their housing. This is done through 1) community service providers, who provide 1:1 case management to residents with significant challenges to maintaining housing stability; and 2) aeon's resident connections team, which help residents maintain housing by assisting them to access basic needs, building community, and fostering leadership.

Expenses: $1.2M

Financials

FY 2024

Revenue

Contributions & grants$16.0M
Program service revenue$27.3M
Investment income$1.2M
Other revenue
Total revenue$44.4M

Expenses

Grants paid
Salaries & benefits$10.7M
Fundraising$890K
Other expenses$50.0M
Total expenses$60.8M
Total assets$168.6M
Net assets

People

25 listed

NameRoleCompensation

ERIC JOHNSON

PRESIDENT & CHIEF EXECUTIVE OFFICER

Board

$286K

50 hrs/wk

CAROLINE HORTON

CHIEF FINANCIAL OFFICER

Board

$216K

50 hrs/wk

MATT PLEC

DIRECTOR

Board

1 hrs/wk

MELISSA DOWNEY

BOARD CHAIRPERSON

Board

1 hrs/wk

OSCAR YANEZ

DIRECTOR

Board

1 hrs/wk

BOB TIMPERLEY

DIRECTOR

Board

1 hrs/wk

SARAH MOBERG

DIRECTOR

Board

1 hrs/wk

SAREOUN EARM

DIRECTOR

Board

1 hrs/wk

SHAWN POWER

DIRECTOR

Board

1 hrs/wk

RICK PURCELL

DIRECTOR

Board

1 hrs/wk

CATHERINE SIMMONS-FAYE JONES

DIRECTOR

Board

1 hrs/wk

DAN REED

DIRECTOR

Board

1 hrs/wk

GREG WERNER

BOARD SECRETARY

Board

1 hrs/wk

JACKIE FOSTER

DIRECTOR

Board

1 hrs/wk

JOE ABRAHAM

DIRECTOR

Board

1 hrs/wk

LINDA STAGE

DIRECTOR

Board

1 hrs/wk

MARTHA NEVANEN

BOARD VICE CHAIRPERSON

Board

1 hrs/wk

MARTHA SWANSON

DIRECTOR

Board

1 hrs/wk

LAURA RUSS

CHIEF REAL ESTATE OFFICER

Staff

$247K

50 hrs/wk

DAVID KEINERT

EXECUTIVE VP OF OPERATIONS

Staff

$186K

50 hrs/wk

GREGORY STEGEMAN

CONTROLLER

Staff

$180K

50 hrs/wk

TYLER PARETTE

CHIEF POLICY & PARTNERSHIPS OFFICER

Staff

$180K

50 hrs/wk

ANGELA EMMRICH

VICE PRESIDENT OF HUMAN RESOURCES

Staff

$172K

50 hrs/wk

MARY ROUTHIEAUX

VICE PRESIDENT OF ADVANCEMENT

Staff

$160K

50 hrs/wk

JUAN TORRES

DIRECTOR OF HOUSING DEVELOPMENT

Staff

$140K

50 hrs/wk

Independent contractors

KINGFISHER CONSTRUCTION

BUILDING CONTRACTOR

$1.2M

ROZIN SECURITY CONSULTING LLC

SECURITY SERVICES

$1.1M

NAVARRE CONSTRUCTION LLC

GENERAL MAINTENANCE

$865K

REPUBLIC SERVICES

TRASH REMOVAL

$564K

UNITED PROTECTIVE AGENCY

SECURITY SERVICES

$446K

Grants received

Showing 191 of 191

FromAmountPurposeYear
$250K
to support operational and organizational development
2024
$110K
GENERAL OPERATIONS
2024
$100K
PROVINCES APARTMENTS
2024
$100K
GENERAL OPERATING SUPPORT
2024
$100K
ECONOMIC OPPORTUNITY - HOMETOWN
2024
$51K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$31K
DONOR ADVISED, HUMAN SERVICES
2024
$8K
PROGRAM SUPPORT
2024
$5K
GENERAL OPERATING SUPPORT
2024
$5K
GENERAL OPERATING SUPPORT
2024
$2K
AFFORDABLE HOUSING
2024
$2K
CHARTIABLE CONTRIBUTION
2024
$100
GENERAL EXEMPT PURPOSE
2024
$25
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$250K
To support operational and organizational development
2023
$150K
Transformation Bridge Plan
2023
$120K
GENERAL OPERATING SUPPORT
2023
$100K
GENERAL DONATION
2023
$100K
ECONOMIC OPPORTUNITY - HOMETOWN
2023
$60K
MARY HALL AFFORDABLE HOUSING DEVELOP
2023
$55K
For grant recipient's exempt purposes
2023
$50K
FUNDING FOR MARY HALL
2023
$46K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$38K
HUMAN SERVICES, DONOR-ADVISED, HUMAN SERVICES
2023
$28K
RESIDENT CONNECTIONS FOR SENIORS (RCS)
2023
$25K
GENERAL SUPPORT GRANT
2023
$25K
CRANE ORDWAY ENTRANCE
2023
$20K
GENERAL OPERATING
2023
$10K
TO HELP PROVIDE HOMES TO THOSE WHO NEED THEM.
2023
$9K
CHARITABLE DONATION
2023
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$8K
PROGRAM SUPPORT
2023
$5K
GENERAL OPERATING SUPPORT
2023
$5K
GENERAL USE OF CHARITY
2023
$3K
GENERAL USE OF THE CHARITY
2023
$2K
AFFORDABLE HOUSING
2023
$1K
CHARITABLE CONTRIBUTION
2023
$625
MATCH PAYROLL DEDUCTION (501(C)3)
2023
$400
GENERAL OPERATING SUPPORT
2023
$200
GENERAL EXEMPT PURPOSE
2023
$300K
For general operating support, and to strengthen capacity to advocate for, acquire, rehabilitate, and stabilize affordable housing
2022
$110K
AEON GENERAL OPERATIONS
2022
$100K
GENERAL OPERATING SUPPORT
2022
$100K
Support of general operations
2022
$66K
DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT
2022
$65K
GENERAL OPERATING SUPPORT
2022
$65K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$55K
COBBLESTONE COURT RENOVATIONS
2022
$53K
For grant recipient's exempt purposes
2022
$45K
CAPACITY BUILDING
2022
$25K
GENERAL DONATION
2022
$20K
GENERAL SUPPORT GRANT
2022
$15K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
TO HELP PROVIDE HOMES TO THOSE WHO NEED THEM.
2022
$15K
Aeon: Home Means Everything
2022
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$8K
PROGRAM SUPPORT
2022
$6K
CHARITABLE DONATION
2022
$5K
GENERAL SUPPORT
2022
$5K
GENERAL OPERATING SUPPORT
2022
$5K
GENERAL USE OF CHARITY
2022
$4K
GENERAL OPERATING
2022
$3K
CHARITABLE CONTRIBUTION
2022
$2K
AFFORDABLE HOUSING
2022
$1K
GENERAL OPERATIONS
2022
$781
MATCHING FUNDS
2022
$600
GENERAL OPERATING
2022
$211
GENERAL OPERATING SUPPORT
2022
$200
GENERAL EXEMPT PURPOSE
2022
$300K
or general operating support, and to strengthen capacity to advocate for, acquire, rehabilitate, and stabilize affordable housing
2021
$300K
or general operating support, and to strengthen capacity to advocate for, acquire, rehabilitate, and stabilize affordable housing
2021
$119K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$76K
For grant recipient's exempt purposes
2021
$76K
For grant recipient's exempt purposes
2021
$70K
GENERAL OPERATING SUPPORT
2021
$50K
MARY HALL AFFORDABLE HOUSING PROJECT
2021
$44K
DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT
2021
$31K
RESIDENT SERVICES SUPPORT, COUNSELING OUTREACH & INCENTIVES
2021
$25K
COMO BY THE LAKE
2021
$24K
MEDICAL ASSISTANCE
2021
$20K
GENERAL SUPPORT GRANT
2021
$18K
HUMAN SERVICES
2021
$14K
CHARITABLE DONATION
2021
$10K
Legacy Grant For Aeon: An Oral History
2021
$10K
TO HELP PROVIDE HOMES TO THOSE WHO NEED THEM.
2021
$10K
For recipient's exempt purpose
2021
$5K
HEALTH & HUMAN SERVICES
2021
$5K
GENERAL OPERATING
2021
$5K
GENERAL OPERATING
2021
$5K
GENERAL USE OF CHARITY
2021
$3K
CHARITABLE CONTRIBUTION
2021
$2K
GENERAL OPERATING
2021
$2K
GENERAL SUPPORT
2021
$2K
AFFORDABLE HOUSING
2021
$813
MATCHING EMPLOYEE DONATION
2021
$210
GENERAL OPERATING SUPPORT
2021
$277K
MULTIPLE PURPOSES
2020
$200K
For general operating support and scaled innovation
2020
$200K
RACIAL EQUITY
2020
$200K
For general operating support and scaled innovation
2020
$125K
GENERAL OPERATING SUPPORT
2020
$123K
GENERAL OPERATING SUPPORT
2020
$100K
TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES
2020
$100K
COMMITTED IN 2019 - HOMETOWN - RACIAL EQUITY; 2-YEAR GRANT
2020
$85K
GENERAL OPERATIONS
2020
$66K
For grant recipient's exempt purposes
2020
$62K
GENERAL OPERATING SUPPORT
2020
$52K
TRANSITION FUNDING
2020
$50K
GENERAL OPERATING
2020
$40K
CAPACITY BUILDING
2020
$20K
TO HELP PROVIDE HOMES TO THOSE WHO NEED THEM.
2020
$20K
GENERAL SUPPORT GRANT
2020
$10K
PROGRAM SUPPORT
2020
$9K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$8K
General Support
2020
$8K
GENERAL USE OF CHARITY
2020
$6K
General Support
2020
$3K
GENERAL USE OF THE CHARITY
2020
$3K
GENERAL OPERATING
2020
$3K
EMPLOYEE GIVING PROGRAM
2020
$2K
AFFORDABLE HOUSING
2020
$1K
GENERAL OPERATING
2020
$1K
GENERAL OPERATING
2020
$750
GENERAL OPERATING
2020
$688
MATCHING EMPLOYEE DONATION
2020
$500
GENERAL OPERATING
2020
$200
GENERAL OPERATING
2020
$125
GENERAL OPERATING PURPOSES
2020
$105
Matching Gift
2020
$79
GENERAL PURPOSE
2020
$50
GENERAL EXEMPT PURPOSE
2020
$50
GENERAL OPERATING
2020
$117K
MULTIPLE GRANTS
2019
$75K
FOR GENERAL OPERATIONS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS AND FAMILIES IN THE TWIN CITIES.
2019
$49K
GENERAL OPERATING SUPPORT
2019
$38K
For grant recipient's exempt purposes
2019
$10K
GENERAL OPERATING SUPPORT
2019
$7K
HUMAN SERVICES
2019
$2K
CAPACITY BUILDING
2019
$113K
CAPACITY BUILDING
2018
$25K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
$20K
GENERAL OPERATING SUPPORT
2018
$15K
PROGRAM/OPERATING SUPPORT
2018
$7K
For grant recipient's exempt purposes
2018
$1K
GENERAL OPERATING
2018
$625K
EXPENDABLE GRANTS
2017
$24K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$20K
GENERAL OPERATING SUPPORT
2017

Funded by

$12.4M from 62 funders · 191 grants · 2017–2024

Neighborhood Reinvestment Corporation

$4.4M · 7 grants · 2017–2023

The McKnight Foundation

$1.8M · 7 grants · 2020–2024

Saint Paul & Minnesota Foundation

$700K · 7 grants · 2018–2024

Target Foundation

$552K · 5 grants · 2020–2024

The Richard M Schulze Family Foundation

$476K · 6 grants · 2020–2024

The Douglass Brandenborg Family Fdn

$445K · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$396K · 7 grants · 2017–2023

The Minneapolis Foundation

$390K · 8 grants · 2017–2024

Details

EIN411558711
NTEE codeL20Z
Subsection03
Ruling date1986-11
Formed1986
Employees318
Volunteers31
AEON — Mission, Financials & Grants Received | Grantivo