Program areas at Aeon
Rental operations - Aeon owns and operates affordable apartment homes for residents with low or moderate incomes. Each year, Aeon serves residents across 60 properties in the twin cities metro region of Minnesota. Residents include people who have experienced homelessness, youth, seniors, people with mental and chemical health issues, and others who face challenges maintaining housing stability.
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, 2023, Aeon manages 50 properties across the twin cities metro region.
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.
Resident services - 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.
Who funds Aeon
Grants from foundations and other nonprofits
Personnel at Aeon
| Name | Title | Compensation | Date of data |
|---|
| Eric Anthony Johnson | President and Chief Executive Officer | $274,501 | 2024-08-06 |
| Caroline Horton | Chief Financial Officer | $215,613 | 2024-10-30 |
| Tyler Parette | Chief Policy and Partnerships Officer | $175,434 | 2024-08-06 |
| Laura Russ | Chief Real Estate Officer | $199,338 | 2024-08-06 |
| Virginia Brown | Chief Transformation Officer / Vice President of Advancement | $137,332 | 2023-12-31 |
| ...and 11 more key personnel |
Financials for Aeon
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $9,461,060 | $8,136,861 | 16.3% |
| Program services | $25,467,909 | $26,101,415 | -2.4% |
| Investment income and dividends | $1,052,147 | $618,627 | 70.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $-49,910 | $-63,281 | 21.1% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $9,772 | $0 | 999% |
| Total revenues | $35,940,978 | $34,793,622 | 3.3% |
Organizations like Aeon
| Organization | Type | Location | Revenue |
|---|
| Settlement & Housing Alternative Resources (SHARE) | 501(c)(3) | El Dorado, AR | $12,769,832 |
| Lighthouse Mi | 501(c)(3) | Pontiac, MI | $18,614,132 |
| People's City Mission | 501(c)(3) | Lincoln, NE | $18,393,983 |
| Habitat for Humanity of Greater Nashville | 501(c)(3) | Nashville, TN | $20,645,171 |
| Nashville Rescue Mission | 501(c)(3) | Nashville, TN | $18,203,087 |
| Covenant House International | 501(c)(3) | New York, NY | $88,308,947 |
| United Housing Connections | 501(c)(3) | Greenville, SC | $13,008,738 |
| Tampa Hillsborough Homeless Initiative | 501(c)(3) | Tampa, FL | $9,930,774 |
| La Puente Home | 501(c)(3) | Alamosa, CO | $16,812,431 |
| Irvine Campus Housing Authority (ICHA) | 501(c)(3) | Irvine, CA | $16,048,660 |
Data update history
January 8, 2025
Updated personnel
Identified 5 new personnel
January 4, 2025
Used new vendors
Identified 4 new vendors, including , , , and
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $574,750 from NeighborWorks America Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
Political advocacyLobbyingFundraising eventsNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 901 N Third St 150
- Minneapolis, MN 55401
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Website URL
- aeon.org/
- Phone
- (612) 341-3148
- Facebook page
- AeonMN
- Twitter profile
- @aeonmn
IRS details
- EIN
- 41-1558711
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1986
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L41: Homeless, Temporary Shelter
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Central organization
California AB-488 details
- AB 488 status
- May Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Delinquent
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0277083
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2025-03-05
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