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
Personnel at Aeris Insight
Name | Title | Compensation | Date of data |
---|
Paige Chapel | President and Chief Executive Officer | $223,301 | 2023-06-01 |
Kathy Smart-Preston | Technical Project Manager | $137,038 | 2022-12-31 |
James Lum | Treasurer | $0 | 2022-12-31 |
Penelope Douglas | Chair | $0 | 2022-12-31 |
Karen Seabury | Secretary and Director Ratings | $150,937 | 2022-12-31 |
...and 1 more key personnel |
Financials for Aeris Insight
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $1,260,000 | $1,528,700 | -17.6% |
Program services | $1,754,964 | $1,704,373 | 3% |
Investment income and dividends | $803 | $318 | 152.5% |
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 | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $3,015,767 | $3,233,391 | -6.7% |
Organizations like Aeris Insight
Organization | Type | Location | Revenue |
---|
Grow America Fund | 501(c)(3) | New York, NY | $3,801,712 |
Landmarks Community Capital Corporation | 501(c)(3) | Pittsburgh, PA | $2,614,691 |
Success Capital Expansion and Development Corporation | 501(c)(3) | Modesto, CA | $973,986 |
Washington Area Community Investment Fund | 501(c)(3) | Washington, DC | $9,086,978 |
Providence Revolving Fund | 501(c)(3) | Providence, RI | $2,371,893 |
Access Community Capital | 501(c)(3) | Las Vegas, NV | $6,234,900 |
Cooperative Fund of the Northeast | 501(c)(3) | Watertown, MA | $4,768,332 |
Baltimore Community Lending | 501(c)(3) | Baltimore, MD | $4,977,119 |
Working Solutions Cdfi | 501(c)(3) | San Francisco, CA | $2,670,816 |
Northern California Community Loan Fund | 501(c)(3) | San Francisco, CA | $13,288,785 |
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/Â
- 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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