Civic Intelligence

Aeon

990 • Fiscal year 2016 • EIN 41-1558711

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 12, 2017

901 North Third Street No 150Minneapolis, MN 55401

(612) 341-3148

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.87x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

3.27x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

17th percentile

-9.3%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

18th percentile

$185,936

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

93rd percentile

28%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

10%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Up

$56,319,418

Up $12,429,633 (+28%) from 2015

Net Assets

Up

$7,131,238

Up $2,192,855 (+44%) from 2015

Liabilities

Up

$49,188,180

Up $10,236,778 (+26%) from 2015

Revenue

Up

$15,042,260

Up $1,371,666 (+10%) from 2015

Expenses

Up

$16,437,411

Up $570,399 (+3.6%) from 2015

Net Income

Up

-$1,395,151

Up $801,267 (+36%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0-$100MAssets 2010: $47,189,404Liabilities 2010: $39,085,567Net Assets 2010: $8,103,8372010Assets 2011: $58,053,171Liabilities 2011: $47,224,715Net Assets 2011: $10,828,4562011Assets 2012: $63,155,415Liabilities 2012: $55,040,342Net Assets 2012: $8,115,0732012Assets 2013: $70,282,321Liabilities 2013: $60,348,447Net Assets 2013: $9,933,8742013Assets 2014: $64,024,827Liabilities 2014: $56,890,026Net Assets 2014: $7,134,8012014Assets 2015: $43,889,785Liabilities 2015: $38,951,402Net Assets 2015: $4,938,3832015Assets 2016: $56,319,418Liabilities 2016: $49,188,180Net Assets 2016: $7,131,2382016Assets 2017: $60,512,507Liabilities 2017: $49,681,008Net Assets 2017: $10,831,4992017Assets 2018: $62,053,411Liabilities 2018: $50,306,490Net Assets 2018: $11,746,9212018Assets 2019: $100,439,941Liabilities 2019: $89,339,934Net Assets 2019: $11,100,0072019Assets 2020: $205,354,447Liabilities 2020: $194,979,530Net Assets 2020: $10,374,9172020Assets 2021: $203,568,122Liabilities 2021: $200,874,515Net Assets 2021: $2,693,6072021Assets 2022: $203,603,573Liabilities 2022: $214,263,326Net Assets 2022: -$10,659,7532022Assets 2023: $165,814,497Liabilities 2023: $215,483,330Net Assets 2023: -$49,668,8332023Assets 2024: $168,575,474Liabilities 2024: $234,461,652Net Assets 2024: -$65,886,1782024

Highlighted filing

2016

Assets$56,319,418
Liabilities$49,188,180
Net Assets$7,131,238

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $8,975,2152010Expenses 2011: $13,459,0202011Expenses 2012: $12,399,6262012Revenue 2013: $16,698,758Expenses 2013: $16,225,821Net Income 2013: $472,9372013Revenue 2014: $20,246,885Expenses 2014: $22,232,484Net Income 2014: -$1,985,5992014Revenue 2015: $13,670,594Expenses 2015: $15,867,012Net Income 2015: -$2,196,4182015Revenue 2016: $15,042,260Expenses 2016: $16,437,411Net Income 2016: -$1,395,1512016Revenue 2017: $15,308,145Expenses 2017: $15,433,602Net Income 2017: -$125,4572017Revenue 2018: $18,466,866Expenses 2018: $20,215,616Net Income 2018: -$1,748,7502018Revenue 2019: $15,147,574Expenses 2019: $16,476,292Net Income 2019: -$1,328,7182019Revenue 2020: $34,369,814Expenses 2020: $36,797,264Net Income 2020: -$2,427,4502020Revenue 2021: $37,122,785Expenses 2021: $44,804,095Net Income 2021: -$7,681,3102021Revenue 2022: $34,793,622Expenses 2022: $50,323,803Net Income 2022: -$15,530,1812022Revenue 2023: $35,940,978Expenses 2023: $74,887,394Net Income 2023: -$38,946,4162023Revenue 2024: $44,429,925Expenses 2024: $60,775,809Net Income 2024: -$16,345,8842024

Highlighted filing

2016

Revenue$15,042,260
Expenses$16,437,411
Net Income-$1,395,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 12, 2017
Return Version
2016v3.0
Gross Receipts
$15,102,154
Mission and Program Overview

Mission

To create and sustain quality affordable homes that strengthen lives and communities. Aeon acquires, improves, and preserves decent, safe and affordable housing for very low, low and moderate income persons, remaining responsible and responsive to the community, neighborhood and residents it serves.

To create and sustain quality affordable homes that strengthen lives and communities. Aeon acquires, improves and preserves decent, safe and affordable housing for very low, low and moderate income persons; remaining responsible and responsive to the community, neighborhoods and residents it serves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,861,096$36,077,504▲ $13,216,408
Cash and Non-Interest-Bearing Accounts$3,935,117$6,105,036▲ $2,169,919
Accounts Receivable$6,757,166$4,831,714▼ $1,925,452
Savings and Temporary Cash Investments$5,012,550$4,826,023▼ $186,527
Other Notes and Loans Receivable, Net$1,818,899$1,806,795▼ $12,104
Pledges and Grants Receivable$2,522,301$1,567,756▼ $954,545
Investments Program Related$597,170$1,032,170▲ $435,000
Intangible Assets$241,763$0▼ $241,763
Prepaid Expenses and Deferred Charges$113,336$48,691▼ $64,645
Total Assets$43,889,785$56,319,418▲ $12,429,633
Other Assets Total$30,387$23,729▼ $6,658
Liabilities
Mortgage Notes Payable Secured by Investment Property$27,922,270$41,223,143▲ $13,300,873
Accounts Payable and Accrued Expenses$10,994,750$7,951,620▼ $3,043,130
Deferred Revenue$34,382$13,417▼ $20,965
Total Liabilities$38,951,402$49,188,180▲ $10,236,778
Net Assets / Fund Balance
Temporarily Rstr Net Assets$12,622,061$11,103,771▼ $1,518,290
Permanently Rstr Net Assets$867,640$1,298,112▲ $430,472
Unrestricted Net Assets$-8,551,318$-5,270,645▲ $3,280,673
Total Net Assets Fund Balance$4,938,383$7,131,238▲ $2,192,855
Total Liabilities and Net Assets / Fund Balance$43,889,785$56,319,418▲ $12,429,633

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$31,026,194$17,396,116$48,422,310
Land$4,399,703-$4,399,703
Equipment$335,930$1,090,856$1,426,786
Leasehold Improvements$315,677$837,369$1,153,046
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan J ArthurPresident & CEOFT$170,207$15,729$185,936
Eric SchnellChief Operating OfficerFT$161,402$5,784$167,186
Caroline HortonTreasurer & CHIEF FINANCIAFT$150,312$11,779$162,091
lori huinker-wollnercontrollerFT$124,069$19,317$143,386
james lehnhoffVP of Housing DevelopmentFT$109,114$9,259$118,373
Andrea BorkConsultantFT$103,796-$103,796

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,206,239
Program Service Revenue
$10,895,915
Investment Income
$0
Other Revenue
$-59,894
All Other Contributions
$896,787
Change in Net Assets
$-1,395,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,898,024
Salaries, Compensation, and Employee Benefits$4,539,387
Total Fundraising Expense$670,035
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,972,721$136,225$350,351$2,459,297
Depreciation Depletion$1,597,274$9,704$16,056$1,623,034
Interest$1,306,774$220$363$1,307,357
Fees for Services Other$934,521$67,786$91,046$1,093,353
Current Officers, Directors, Trustees, and Key Employees$414,511$357,099$23,150$794,760
Other Employee Benefits$733,199$3,735$23,011$759,945
Occupancy$453,380$46,183$79,138$578,701
Other Expenses$476,655$141,020$50,648$476,655
Payroll Taxes$348,562$33,116$27,315$408,993
Insurance$227,186$23,607-$250,793
Pension Plan Contributions$107,435-$8,957$116,392
Fees for Services Management$107,823--$107,823
Fees for Services Accounting$61,884$45,005-$106,889
Fees for Services Legal$45,975$10,064-$56,039
All Other Expenses$48,939--$48,939
Total Functional Expenses$14,893,612$873,764$670,035$16,437,411
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$59,894
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Beyond Bricks and Mortar$233,209-$59,894-
Total Events$233,209-$59,894$-59,894
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-aLAN ARTHUR IS THE PRESIDENT OF AEON AND EAST VILLAGE HOUSING CORPORATIONAEON HAS A 7% RESIDUAL RECEIPTS NOTE WITH EAST VILLAGE HOUSING CORPORATION.No$2,357,423
-aLAN ARTHUR IS THE PRESIDENT OF AEON AND EAST VILLAGE HOUSING CORPORATIONAsset Management Fee Received by Aeon From East Village Housing Corporation.No$88,937
-alAN ARTHUR IS THE PRESIDENT OF AEON AND EAST VILLAGE HOUSING CORPORATIONAeon Management, LLC Manages East Village Housing Cororation.No$80,679
-Exec. Vp of the Landing and President of Aeon Owner of Aeon Management LLCAeon Management, LLC Is the Property Management Agent of the Landing.No$33,723
-aLAN ARTHUR IS THE PRESIDENT OF AEON AND EAST VILLAGE HOUSING CORPORATIONAeon Leased Commercial Space From East Village Housing Corporation.No$22,000
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMinneapolis Community Development Corporation2007-12-19$930,0001822 park, llc building rehabilitation

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Aeon's membership consists of people who live in the service area, come to annual meetings, and support aeon's mission. The members do not elect the board of directors, but do vote on changes in the governing documents, file minutes, etc.

Form 990, Part VI, Section A, line 7B

Aeon's members do not elect the board of directors, but they do approve changes in the governing documents.

Form 990, Part VI, Section B, line 11B

The 990 is reviewed and finalized by the accounting manager and the chief financial officer before going to the president and board to review and accept.

Form 990, Part VI, Section B, line 12C

Employees are required to sign off on a conflict of interest statement annually. Any potential conflicts of interest are reviewed and addressed by the president. All board members are required to sign off on a conflict of interest statement annually. Any potential conflicts of interest are reviewed and addressed by the board.

Form 990, Part VI, Section B, line 15

Review of the president/ceo's salary is completed using updated salary surveys and other comparative salary data. The board must approve any revised compensation for the president/ceo via a salary change memo. The president/ceo, director hr, and board of directors also compare officer and key employee salaries against the marketplace, using various updated salary surveys and data, to ensure they are reasonable.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Aeon
EIN
41-1558711
Phone
6123413148
Address
901 North Third Street No 150, MINNEAPOLIS, MN 55401

Signing Officer

Name
Alan Arthur
Title
President
Phone
6123413148
Signed
2017-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Arthur
Formed
1986
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
182
Volunteers
941

Preparer

Firm
MahoneyUlbrichChristiansen & Russ PA
Address
10 River Park Plaza Suite 800, Saint Paul, MN 55107
Preparer
Lance J Brock
Phone
6512276695
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

TRANSFER OF NEIGHBORWORKS FUNDS Transfer of ownership interests 3,588,006.

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

Aeon, East Village Housing Corporation, and The Landing are Minnesota non-profit corporations and are exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable Minnesota Statutes, except to the extent they have taxable income from businesses that are not related to their exempt purposes. Management believes Aeon, East Village Housing Corporation, and The Landing did not have any unrelated business income in 2016 or 2015. The limited partnerships are not taxable entities. Accordingly, income and losses are passed through to the partners. The tax status of the limited liability companies is determined on an entity by entity basis. Income and losses of wholly owned LLC'S determined to be non-taxable entities are included in the tax return of Aeon. Income and losses of LLC'S determined to be taxable entities are subject to federal and state corporate income taxes. No income taxes were paid in either year. Aeon is not currently under examination by any taxing jurisdiction. Federal and state tax authorities no longer have the right to examine tax years prior to 2013. Any interest or penalties associated with tax positions are reported as such within the management and general expenses category. There were no such interest or penalties recorded in the accompanying financial statements. Management believes Aeon does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt219259
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0Said Sheik-Abdi
IRS990/Form990PartVIISectionAGrp/PersonNm1VINNY SILVA
IRS990/Form990PartVIISectionAGrp/PersonNm2RK KANT
IRS990/Form990PartVIISectionAGrp/PersonNm3Alicia Sojourner
IRS990/Form990PartVIISectionAGrp/PersonNm4lynette dumalag
IRS990/Form990PartVIISectionAGrp/PersonNm5Kristin Fischer Rosel
IRS990/Form990PartVIISectionAGrp/PersonNm6LIAM HIGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm7TAMI DIEHM
IRS990/Form990PartVIISectionAGrp/PersonNm8KATHLEEN GHREICHI
IRS990/Form990PartVIISectionAGrp/PersonNm9MARTHA SWANSON
IRS990/Form990PartVIISectionAGrp/PersonNm10REX CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm11SCOTT ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFF MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm13Khadija Ali
IRS990/Form990PartVIISectionAGrp/PersonNm14JANET TROUTMAN-SIMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm15SHEILA KAUPA
IRS990/Form990PartVIISectionAGrp/PersonNm16Valley Seward
IRS990/Form990PartVIISectionAGrp/PersonNm17CAROLINE HORTON
IRS990/Form990PartVIISectionAGrp/PersonNm18Alan J Arthur
IRS990/Form990PartVIISectionAGrp/PersonNm19Eric Schnell
IRS990/Form990PartVIISectionAGrp/PersonNm20lori huinker-wollner
IRS990/Form990PartVIISectionAGrp/PersonNm21james lehnhoff
IRS990/Form990PartVIISectionAGrp/PersonNm22ANDREA BORK
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17150312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18170207
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19161402
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20124069
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21109114
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22103796
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16DirectOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17Treasurer & CHIEF FINANCIA
IRS990/Form990PartVIISectionAGrp/TitleTxt18President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20controller
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF HOUSING DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22CONSULTANT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0233209
IRS990/FundraisingDirectExpensesAmt059894
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt03076243
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt015102154
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt023607
IRS990/InsuranceGrp/ProgramServicesAmt0227186
IRS990/InsuranceGrp/TotalAmt0250793
IRS990/IntangibleAssetsGrp/BOYAmt0241763
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt0363
IRS990/InterestGrp/ManagementAndGeneralAmt0220
IRS990/InterestGrp/ProgramServicesAmt01306774
IRS990/InterestGrp/TotalAmt01307357
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0597170
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01032170
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt072
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019324341
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022861096
IRS990/LandBldgEquipBasisNetGrp/EOYAmt036077504
IRS990/LandBldgEquipCostOrOtherBssAmt055401845
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREATE AND SUSTAIN QUALITY AFFORDABLE HOMES THAT STRENGTHEN LIVES AND COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt027922270
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt041223143
IRS990/NetAssetsOrFundBalancesBOYAmt04938383
IRS990/NetAssetsOrFundBalancesEOYAmt07131238
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-59894
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-59894
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt079138
IRS990/OccupancyGrp/ManagementAndGeneralAmt046183
IRS990/OccupancyGrp/ProgramServicesAmt0453380
IRS990/OccupancyGrp/TotalAmt0578701
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030387
IRS990/OtherAssetsTotalGrp/EOYAmt023729
IRS990/OtherChangesInNetAssetsAmt03588006
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt023011
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03735
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0733199
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0759945
IRS990/OtherExpensesGrp/Desc0PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1Rental operations & uti
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc3Rental property taxes
IRS990/OtherExpensesGrp/FundraisingAmt050648
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0141020
IRS990/OtherExpensesGrp/ProgramServicesAmt03613446
IRS990/OtherExpensesGrp/ProgramServicesAmt12138850
IRS990/OtherExpensesGrp/ProgramServicesAmt2304477
IRS990/OtherExpensesGrp/ProgramServicesAmt3476655
IRS990/OtherExpensesGrp/TotalAmt03613446
IRS990/OtherExpensesGrp/TotalAmt12138850
IRS990/OtherExpensesGrp/TotalAmt2496145
IRS990/OtherExpensesGrp/TotalAmt3476655
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0350351
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0136225
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01972721
IRS990/OtherSalariesAndWagesGrp/TotalAmt02459297
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01818899
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01806795
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt027315
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033116
IRS990/PayrollTaxesGrp/ProgramServicesAmt0348562
IRS990/PayrollTaxesGrp/TotalAmt0408993
IRS990/PensionPlanContributionsGrp/FundraisingAmt08957
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0107435
IRS990/PensionPlanContributionsGrp/TotalAmt0116392
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0867640
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01298112
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02522301
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01567756
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0113336
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt048691
IRS990/PrincipalOfficerNm0ALAN ARTHUR
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3Investment in other entity
IRS990/ProgramServiceRevenueGrp/Desc4OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06042686
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12528650
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22181856
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt355200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt447317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06042686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12528650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22222062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt355200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt447317
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt040206
IRS990/ProgSrvcAccomActy2Grp/Desc0HOUSING DEVELOPMENT - AEON IS AN AWARD WINNING NON-PROFIT DEVELOPER OF HIGH-QUALITY AFFORDABLE HOUSING ACROSS THE TWIN CITIES. AEON DEVELOPS NEW AFFORDABLE APARTMENTS AND TOWNHOMES, AND PRESERVES AND STABILIZES EXISTING AFFORDABLE HOUSING.AS OF DECEMBER 31, 2016, AEON OWNS AND OPERATES 2,702 RENTAL HOMES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04880410

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$169$234$65.9$44.4$60.8$16.3
2023Detailed filing. Detailed filing data is available for this year.$166$215$49.7$35.9$74.9$38.9
2022Detailed filing. Detailed filing data is available for this year.$204$214$10.7$34.8$50.3$15.5
2021Detailed filing. Detailed filing data is available for this year.$204$201$2.69$37.1$44.8$7.68
2020Detailed filing. Detailed filing data is available for this year.$205$195$10.4$34.4$36.8$2.43
2019Detailed filing. Detailed filing data is available for this year.$100$89.3$11.1$15.1$16.5$1.33
2018Detailed filing. Detailed filing data is available for this year.$62.1$50.3$11.7$18.5$20.2$1.75
2017Detailed filing. Detailed filing data is available for this year.$60.5$49.7$10.8$15.3$15.4$0.13
2016Detailed filing. Detailed filing data is available for this year.$56.3$49.2$7.13$15.0$16.4$1.40
2015Detailed filing. Detailed filing data is available for this year.$43.9$39.0$4.94$13.7$15.9$2.20
2014Detailed filing. Detailed filing data is available for this year.$64.0$56.9$7.13$20.2$22.2$1.99
2013Detailed filing. Detailed filing data is available for this year.$70.3$60.3$9.93$16.7$16.2$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.2$55.0$8.12$12.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.1$47.2$10.8$13.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.2$39.1$8.10$8.98