Community Improvement & Capacity Building
Aeris Insight Inc
PHILADELPHIA, PA
Total revenue
$2.5M
Total expenses
$3.4M
Net assets
—
Grants received
$3.1M
16 grants
EIN
454135784
Tax year
2024
Mission
Aeris facilitates and increases the flow of capital to community development loan funds, thereby creating greater racial equity, positive social and environmental impact.
Programs
2 programs
Aeris cloud/data platform - aeris insight, inc. Operates a cloud-based data collection and reporting system that provides investors access to quarterly financial and impact performance data on cdfis and that supports peer comparisons and cdfi industry trend analyses. During 2024, 184 cdfis reported data to the aeris cloud. They collectively manage almost two-thirds of all on-balance sheet assets in the field. By year-end, 31 investors had accessed aeris' cdfi data to inform their investments in cdfis.
Consulting services - aeris insight, inc. Offers expanded assessment services for investors that complement its core ratings product. Services focus on customized assessments of financial performance and impact for a range of investments intended to produce positive outcomes in marginalized and low-income communities. During 2024, aeris provided monitoring and analytic support for special programs created by investors to support the distribution of capital through cdfis to low-income communities that have limited access to financial resources; and provided program management support for the sponsor of the programmatic ratings project.
Financials
FY 2024
Revenue
Expenses
People
18 listed
PAIGE CHAPEL
PRESIDENT & CEO
$231K
40 hrs/wk
KAREN SEABURY
SECRETARY, DIR. RATINGS & ANALYSIS
$160K
40 hrs/wk
OMAR BLAYTON
BOARD MEMBER
—
1 hrs/wk
JOANNE GAN
BOARD MEMBER
—
1 hrs/wk
PENELOPE DOUGLAS
CHAIR & BOARD MEMBER
—
1 hrs/wk
NOELLE ST CLAIR LENTZ
BOARD MEMBER AS OF 07/2024
—
1 hrs/wk
LIZ SESSLER
BOARD MEMBER
—
1 hrs/wk
SONJA VELEZ
TREASURER & BOARD MEMBER
—
1 hrs/wk
JAMES LUM
TREASURER UNTIL 02/2024
—
1 hrs/wk
JUSTIN CONWAY
BOARD MEMBER
—
1 hrs/wk
JIM CASSELBERRY
BOARD MEMBER
—
1 hrs/wk
VIVIENNE HSU
BOARD MEMBER
—
1 hrs/wk
DAVID SAND
BOARD MEMBER
—
1 hrs/wk
DANIAH IKRAM
FINANCIAL INSITUTIONS ANALYST
$155K
40 hrs/wk
JONATHAN SCHWARTZ
DEPUTY DIRECTOR, RATINGS & OPERATIONS
$126K
40 hrs/wk
MICHAEL GROZA
VP, FINANCIAL INSTITUTIONS ANALYST
$125K
40 hrs/wk
LAURA PELKEY
DEPUTY DIRECTOR, FINANCE & ADMIN.
$120K
40 hrs/wk
CRISNA HIMES
VP, FINANCIAL INSTITUTIONS ANALYST
$119K
40 hrs/wk
Grants received
Showing 16 of 16
Funded by
$3.1M from 9 funders · 16 grants · 2017–2024
$1M · 2 grants · 2022–2023
$600K · 1 grant · 2021
$450K · 3 grants · 2022–2024
$280K · 2 grants · 2017–2019
$275K · 2 grants · 2020–2022
$200K · 2 grants · 2020
$135K · 1 grant · 2022
$100K · 2 grants · 2019–2020