NonprofitsAeris Insight Inc

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.

Expenses: $707K

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.

Expenses: $10K

Financials

FY 2024

Revenue

Contributions & grants$343K
Program service revenue$2.1M
Investment income
Other revenue$1K
Total revenue$2.5M

Expenses

Grants paid
Salaries & benefits$2.0M
Fundraising$48K
Other expenses$1.4M
Total expenses$3.4M
Total assets$1.1M
Net assets

People

18 listed

NameRoleCompensation

PAIGE CHAPEL

PRESIDENT & CEO

Board

$231K

40 hrs/wk

KAREN SEABURY

SECRETARY, DIR. RATINGS & ANALYSIS

Board

$160K

40 hrs/wk

OMAR BLAYTON

BOARD MEMBER

Board

1 hrs/wk

JOANNE GAN

BOARD MEMBER

Board

1 hrs/wk

PENELOPE DOUGLAS

CHAIR & BOARD MEMBER

Board

1 hrs/wk

NOELLE ST CLAIR LENTZ

BOARD MEMBER AS OF 07/2024

Board

1 hrs/wk

LIZ SESSLER

BOARD MEMBER

Board

1 hrs/wk

SONJA VELEZ

TREASURER & BOARD MEMBER

Board

1 hrs/wk

JAMES LUM

TREASURER UNTIL 02/2024

Board

1 hrs/wk

JUSTIN CONWAY

BOARD MEMBER

Board

1 hrs/wk

JIM CASSELBERRY

BOARD MEMBER

Board

1 hrs/wk

VIVIENNE HSU

BOARD MEMBER

Board

1 hrs/wk

DAVID SAND

BOARD MEMBER

Board

1 hrs/wk

DANIAH IKRAM

FINANCIAL INSITUTIONS ANALYST

Staff

$155K

40 hrs/wk

JONATHAN SCHWARTZ

DEPUTY DIRECTOR, RATINGS & OPERATIONS

Staff

$126K

40 hrs/wk

MICHAEL GROZA

VP, FINANCIAL INSTITUTIONS ANALYST

Staff

$125K

40 hrs/wk

LAURA PELKEY

DEPUTY DIRECTOR, FINANCE & ADMIN.

Staff

$120K

40 hrs/wk

CRISNA HIMES

VP, FINANCIAL INSTITUTIONS ANALYST

Staff

$119K

40 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$150K
81761 GENERAL OPERATING SUPPORT FOR AERIS INSIGHT, 2024-2025
2024
$250K
80660 GENERAL OPERATING SUPPORT FOR AERIS INSIGHT, 2023-2024
2023
$130K
AERIS CLOUD: SCALING CDFI CAPITAL ACCESS PROGRAM
2023
$870K
AERIS CLOUD: SCALING CDFI CAPITAL ACCESS PROGRAM
2022
$135K
Project-Based
2022
$75K
to support a strategic planning process furthering its mission to accelerate the flow of capital to good by increasing accountability and transparency in impact investing
2022
$50K
GENERAL OPERATING SUPPORT DURING A SIX-MONTH STRATEGIC EVALUATION AND PLANNING PERIOD.
2022
$50K
78909 GENERAL OPERATING SUPPORT FOR AERIS INSIGHT, 2021-2023
2022
$600K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$200K
in support of general operations.
2020
$100K
Development of impact investing measuring tools (2nd Milestone)
2020
$100K
Development of impact investing measuring tools
2020
$50K
General Support
2020
$75K
expand impact investing analysis and financial and social ratings to increase the quality and flow of capital to vulnerable communities
2019
$50K
General Support
2019
$205K
expand impact investing analysis and financial and social ratings to increase the quality and flow of capital to vulnerable communities
2017

Funded by

$3.1M from 9 funders · 16 grants · 2017–2024

Citi Foundation

$1M · 2 grants · 2022–2023

Jpmorgan Chase Foundation

$600K · 1 grant · 2021

The Robert Wood Johnson Foundation

$450K · 3 grants · 2022–2024

WK Kellogg Foundation

$280K · 2 grants · 2017–2019

John D And Catherine T Macarthur

$275K · 2 grants · 2020–2022

Sorenson Impact Foundation

$200K · 2 grants · 2020

The Fb Heron Foundation

$135K · 1 grant · 2022

Surdna Foundation Inc

$100K · 2 grants · 2019–2020

Details

EIN454135784
NTEE codeS31
Subsection03
Ruling date2013-06
Formed2012
Employees17
Volunteers10
AERIS INSIGHT INC — Mission, Financials & Grants Received | Grantivo