AEON
901 NORTH THIRD STREET NO 150, MINNEAPOLIS, MN 55401 www.aeon.org

Total Revenue
$15,147,574
Total Expenses
$16,476,292
Net Assets
$11,100,007

Organizations Filed Purposes: TO CREATE AND SUSTAIN QUALITY AFFORDABLE HOMES THAT STRENGTHEN LIVES AND COMMUNITIES.

TO CREATE AND SUSTAIN QUALITY AFFORDABLE HOMES THAT STRENGTHEN LIVES AND COMMUNITIES. AEON ACQUIRES, IMPROVES AND PRESERVES DECENT, SAFE AND AFFORDABLEHOUSING FOR VERY LOW, LOW AND MODERATE INCOME PERSONS; REMAININGRESPONSIBLE AND RESPONSIVE TO THE COMMUNITY, NEIGHBORHOODS ANDRESIDENTS IT SERVES.

RENTAL OPERATIONS - AEON OWNS AND OPERATES APARTMENT HOMES FOR RESIDENTS WITH LOW OR MODERATE INCOMES. AEON SERVES 12,000 PEOPLE EACH YEAR ACROSS 58 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.

HOUSING DEVELOPMENT - AEON EXPANDS AFFORDABLE HOUSING THROUGH NEW CONSTRUCTION AND ACQUISITIONS. DURING 2019, AEON CONSTRUCTED OR ACQUIRED A TOTAL OF 596 APARTMENT HOMES. AS OF DECEMBER 31, 2019, AEON OWNS, DIRECTLY OR THROUGH JOINT VENTURES, 4,752 APARTMENT HOMES.

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, 2019, AEON MANAGES 48 PROPERTIES ACROSS THE TWIN CITIES METRO REGION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Alan ArthurPRESIDENT & CEO50$198,373
Caroline HortonTREASURER & CHIEF FINANCIAL OFFICER50$153,645
Stacy McmahonVICE PRESIDENT OF ASSET MANAGEMENT50$152,233
Virginia BrownVICE PRESIDENT OF ADVANCEMENT50$138,693
Robert NovakCONTROLLER50$136,063
Barbara HalversonVP OF PROPERTY OPERATIONS-OUTGOING50$130,104
Miranda WalkerHOUSING DEVELOPMENT MANAGER50$113,514
Angela EmmrichDIRECTOR OF HR & ADMINISTRATION50$112,498
Oscar YanezDIRECTOR1$0
Robert TimperleyDIRECTOR-OUTGOING1$0
Martha SwansonDIRECTOR1$0
Kirsten SpreckDIRECTOR1$0
Cj Simmons-Faye JonesDIRECTOR1$0
Rick PurcellDIRECTOR1$0
Martha NevanenDIRECTOR1$0
Jeff MatthewsDIRECTOR1$0
Tom HoffmanDIRECTOR1$0
Tanessa GreeneDIRECTOR1$0
Jackie FosterDIRECTOR1$0
Sareoun EarmDIRECTOR1$0
Melissa DowneyDIRECTOR1$0
Billy BrownleeDIRECTOR-OUTGOING1$0
Khadija AliDIRECTOR1$0
Suado AbdiDIRECTOR1$0
Scott AndersonVICE CHAIR & SECRETARY1$0
Lynette DumalagCHAIR-OUTGOING1$0
Tami DiehmCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002869349301590_public.xml