EIN 45-4135784

Aeris Insight

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
2012
Most recent tax filings
2022-12-01
Description
Aeris Insight facilitates and increases the flow of capital to community development loan funds, creating greater racial equity and positive social and environmental impact. Its contract services offer customized assessments of financial performance and impact for a range of investments. Additionally, Aeris operates a cloud-based data collection and reporting system that provides investors access to quarterly financial and impact performance data on CDFIs and supports peer comparisons and industry trends.
Also known as...
Cdfi Assessment and Ratings System; Cars
Total revenues
$3,015,767
2022
Total expenses
$2,646,513
2022
Total assets
$2,498,682
2022
Num. employees
15
2022

Program areas at Aeris Insight

Ratings - Aeris Insight, Inc. Provides an independent assessment of a cdfi's impact management capacity and financial strength and performance. Aeris reports help investors confidently assess cdfis that match their social and environmental impact objectives and risk parameters. During 2022, Aeris issued ratings reports on 72 cdfis, which supported investments by 90 cdfi investors in low-income and under-served communities across the united states.
Contract 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 of a range of investments intended to produce positive social and environmental outcomes in marginalized and low-income communities. During 2022, Aeris provided due diligence and monitoring support for special programs created by investors to support the distribution of capital through cdfis to low-income and minority communities disproportionately impacted by the pandemic.
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 2022, 156 cdfis reported data to the Aeris cloud. They collectively manage 88% of all on-balance sheet assets in the field. By year-end, 50 investors had accessed Aeris' cdfi data to inform their investments in cdfis.

Who funds Aeris Insight

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Citi FoundationAeris Cloud: Scaling Cdfi Capital Access Program$870,000
John D and Catherine T Macarthur FoundationTo Support A Strategic Planning Process Furthering Its Mission To Accelerate the Flow of Capital To Good By Increasing Accountability and Transparency in Impact Investing$75,000
Robert Wood Johnson Foundation (RWJF)78909 General Operating Support for Aeris Insight, 2021-2023$50,000
...and 2 more grants received

Personnel at Aeris Insight

NameTitleCompensation
Paige ChapelPresident and Chief Executive Officer$223,301
Kathy Smart-PrestonTechnical Project Manager$137,038
James LumTreasurer$0
Penelope DouglasChair$0
Karen SeaburySecretary and Director Ratings$150,937
...and 1 more key personnel

Financials for Aeris Insight

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,260,000
Program services$1,754,964
Investment income and dividends$803
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,015,767

Form 990s for Aeris Insight

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-01990View PDF
2021-122022-04-29990View PDF
2020-122021-05-21990View PDF
2019-122021-01-21990View PDF
2018-122019-08-17990View PDF
...and 6 more Form 990s
Data update history
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $870,000 from Citi Foundation
August 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 26, 2023
Updated personnel
Identified 2 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 24, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Tax deductible donations
General information
Address
100 S Juniper St Third Floor
Philadelphia, PA 19107
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
aerisinsight.com/ 
Phone
(267) 233-5150
IRS details
EIN
45-4135784
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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