Organizations Filed Purposes:
AERIS DRIVES ACCOUNTABILITY AND TRANSPARENCY INTO IMPACT INVESTING.
RATINGS - AERIS INSIGHT, INC. PROVIDES AN INDEPENDENT ASSESSMENT OF A CDFI'S IMPACT PERFORMANCE AND FINANCIAL STRENGTH AND PERFORMANCE. AERIS RATINGS REPORTS HELP INVESTORS CONFIDENTLY ASSESS CDFIS THAT MATCH THEIR SOCIAL OBJECTIVES AND RISK PARAMETERS. DURING 2020, AERIS ISSUED RATINGS REPORTS ON 73 CDFIS, WHICH SUPPORTED INVESTMENTS BY 103 CDFI INVESTORS IN LOW-INOME AND UNDER-SERVED COMMUNITIES ACROSS THE UNITED STATES.
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 2020, 143 CDFIS REPORTED DATA TO THE AERIS CLOUD. THEY COLLECTIVELY MANAGE 77% OF ALL ON-BALANCE SHEET ASSETS IN THE FIELD. IN RESPONSE TO THE PANDEMIC, AERIS MADE THIS DATA AVAILABLE AT NO COST TO FIRST-TIME CDFI INVESTORS TO SUPPORT THEIR EFFORTS TO ADDRESS THE DISPROPORTIONATELY NEGATIVE IMPACT OF THE PANDEMIC ON SMALL BUSINESSES, PARTICULARLY THOSE OWNED BY MINORITY ENTREPRENEURS. BY YEAREND, 65 INVESTORS HAD ACCESSED AERIS' CDFI DATA TO INFORM THEIR INVESTMENTS IN CDFIS.
ADVISORY 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 2020, 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 MINORITIES COMMUNITIES DISPROPORTIONATELY IMPACTED BY THE PANDEMIC.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Paige Chapel | PRESIDENT & CEO | 40 | $211,250 |
| Karen Seabury | SECRETARY & DIR. RATINGS | 40 | $143,500 |
| Lynn Hansen | SENIOR VICE PRESIDENT | 40 | $102,500 |
| Andy Cooney | TREASURER | 1 | $0 |
| Kim Shafer | CHAIR | 7 | $0 |
| Penelope Douglas | BOARD MEMBER | 1 | $0 |
| Justin Conway | BOARD MEMBER | 1 | $0 |
| Rekha Unnithan | BOARD MEMBER | 1 | $0 |
| Marguerite Griffin | BOARD MEMBER - LEFT MARCH 2020 | 1 | $0 |
| David Sand | BOARD MEMBER | 1 | $0 |
| James Lum | BOARD MEMBER | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202111269349300636_public.xml