Liabilities / Assets
26th percentile
Higher debt load relative to assets than 26% of similar nonprofits.
EIN 45-4914706 • 501(c)3 • Minneapolis, MN
Profile
To provide elderly or disabled persons with housing facilities and services designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living, with the charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a non-profit basis.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
26th percentile
Higher debt load relative to assets than 26% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 65.1% of source-year revenue.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Assets
Down$7,271,875
Down $209,793 (-2.8%) from 2023
Liabilities
Down$154,031
Down $1,773 (-1.1%) from 2023
Net Assets
Down$7,117,844
Down $208,020 (-2.8%) from 2023
Revenue
Up$473,206
Up $23,071 (+5.1%) from 2023
Expenses
Up$681,226
Up $65,312 (+11%) from 2023
Net Income
Down-$208,020
Down $42,241 (-25%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To provide elderly or disabled persons with housing facilities and services designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living, with the charges for such facilities and services to be predicated upon the provision, maintenance, and operation thereof on a non-profit basis.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,896,202 | $6,673,219 | ▼ $222,983 |
| Savings and Temporary Cash Investments | $25,177 | $279,646 | ▲ $254,469 |
| Accounts Receivable | $8,659 | $5,606 | ▼ $3,053 |
| Cash and Non-Interest-Bearing Accounts | $20,965 | $3,657 | ▼ $17,308 |
| Prepaid Expenses and Deferred Charges | - | $248 | - |
| Total Assets | $7,481,668 | $7,271,875 | ▼ $209,793 |
| Other Assets Total | $530,665 | $309,499 | ▼ $221,166 |
| Liabilities | |||
| Other Liabilities | $143,505 | $135,406 | ▼ $8,099 |
| Accounts Payable and Accrued Expenses | $11,741 | $16,837 | ▲ $5,096 |
| Deferred Revenue | $558 | $1,788 | ▲ $1,230 |
| Total Liabilities | $155,804 | $154,031 | ▼ $1,773 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $7,860,100 | $7,860,100 | → $0 |
| Net Assets Without Donor Restrictions | $-534,236 | $-742,256 | ▼ $208,020 |
| Total Net Assets Fund Balance | $7,325,864 | $7,117,844 | ▼ $208,020 |
| Total Liabilities and Net Assets / Fund Balance | $7,481,668 | $7,271,875 | ▼ $209,793 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $5,962,021 | $2,388,205 | $8,350,226 |
| Land | $711,198 | - | $711,198 |
| Equipment | $0 | $167,309 | $167,309 |
| Name | Title |
|---|---|
| Melissa Downey | President |
| Eric Johnson | President & Executive VP |
| Cj Simmons-faye Jones | Director |
| Martha Nevanen | Director |
| Martha Swanson | Director |
| Saroeun Earm | Director |
| Shawn Power | Director |
| Greg Werner | Secretary |
| Caroline Horton | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Aeon Management LLC | Management Services & Reimbursements | 901 NORTH 3RD ST 150, Minneapolis, MN 55401 | $133,189 |
| Line Item | Amount |
|---|---|
| Other Expenses | $681,226 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $230,237 | - | - | $230,237 |
| Occupancy | $136,268 | - | - | $136,268 |
| Fees for Services Management | - | $48,183 | - | $48,183 |
| Insurance | $43,191 | - | - | $43,191 |
| Other Expenses | $13,605 | - | - | $13,605 |
| Fees for Services Accounting | - | $10,992 | - | $10,992 |
| Office Expenses | $8,850 | - | - | $8,850 |
| Information Technology | $4,492 | - | - | $4,492 |
| Interest | $2,341 | - | - | $2,341 |
| Fees for Services Legal | $1,988 | - | - | $1,988 |
| Advertising | $182 | - | - | $182 |
| Total Functional Expenses | $622,051 | $59,175 | $0 | $681,226 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $681,226 |
| Total Expenses per Audited Statements | $681,226 |
| Total Expenses per Form 990 | $681,226 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Finance Lease Liability | $112,188 |
| Tenant Security Deposit | $23,218 |
“Eric anthony johnson, executive vice president, is the president of the exempt controlling organization. Caroline horton, treasurer, is the cfo and treasurer of the exempt controlling organization.”
“Aeon management, llc manages the property.”
“Aeon's board of directors elects the board of directors for the landing apartments.”
“Any changes in the articles of incorporation are subject to approval by the board of directors and by aeon.”
“The form 990 is prepared by an independent accountant for internal review. It is then finalized by the chief financial officer before going to the president and the board for review and approval before filing with the irs.”
“Directors of the landing apartments follow the conflict of interst policy of its parent organization, aeon. Directors must avoid any conflict of interest with respect to their fiduciary responsibility and must reveal conflict of interest and all material facts to the president and chairperson, who shall inform the board of directors, prior to participation in discussion or decision-making. After communicating the material facts related to a possible or actual conflict of interest situation, the interested person shall not be present during board discussion, deliberation, and decision-making of either 1) determination as to whether there is a conflict of interest, or 2) resolution of the issue involving a determined conflict of interest. In a conflict of interest situation, the board of directors shall determine whether with reasonable efforts there is a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest, and, if not possible, then shall determine whether the proposed transaction or arrangement is in aeon's best interest, for its own organizational benefit, and whether it is fair and reasonable. Non-disclosure of an actual or possible conflict of interest shall result in disciplinary action by the board of directors.”
“The landing apartments does not have any paid employees. However, if the landing apartments did have paid employees they would follow the policies of aeon, the tax-exempt controlling organization.”
“The governing documents are available upon request.”
“The process has not changed from the prior year.”
“Accounting principles generally accepted in the united states of america require that the corporation evaluate tax positions and recognize a liability (or asset) if the corporation has taken an uncertain tax position that would not be sustained upon examination by tax authorities. The corporation has analyzed its tax positions and concluded that as of december 31, 2024 and 2023 there are no uncertain tax positions taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The corporation is subject to routine audits by tax authorities, however there are currently no audits for any open tax periods in progress.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 11741 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 16837 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 8659 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5606 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING, WITH THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NON-PROFIT BASIS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 182 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 182 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CAROLINE HORTON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6123413148 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 901 N 3RD STREET SUITE 150 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55401 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 20965 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3657 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 133189 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 901 NORTH 3RD ST 150 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 55401 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | AEON MANAGEMENT LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT SERVICES & REIMBURSEMENTS |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 18843 |
| IRS990/CYOtherExpensesAmt | 0 | 681226 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 454363 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -208020 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 681226 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 473206 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 558 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1788 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 230237 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 230237 |
| IRS990/Desc | 0 | THE CORPORATION WAS FORMED FOR THE PURPOSE OF DEVELOPING AND OPERATING A SENIOR RESIDENTIAL APARTMENT COMPLEX LOCATED IN CHASKA, MINNESOTA, KNOWN AS THE LANDING APARTMENTS (THE PROJECT). THE PROJECT HAS 54 UNITS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 7860100 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7860100 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 622051 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 10992 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10992 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1988 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1988 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 48183 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 48183 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 22614 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 10563 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARTHA SWANSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MELISSA DOWNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARTHA NEVANEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | GREG WERNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SAROEUN EARM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CJ SIMMONS-FAYE JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SHAWN POWER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ERIC JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | CAROLINE HORTON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 285548 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 215762 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT & EXECUTIVE VP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 473206 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 4492 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 4492 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 43191 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 43191 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 2341 |
| IRS990/InterestGrp/TotalAmt | 0 | 2341 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 18843 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 18843 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2555514 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6896202 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6673219 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 9228733 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING, WITH THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NON-PROFIT BASIS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7325864 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7117844 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -534236 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -742256 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 136268 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 136268 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8850 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 8850 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 530665 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 309499 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OPERATING & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | ADMINISTRATIVE |
| IRS990/OtherExpensesGrp/Desc | 2 | TAXES & INSURANCE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 133336 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 47561 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 13605 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 133336 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 47561 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 13605 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 143505 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 135406 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 248 |
| IRS990/PrincipalOfficerNm | 0 | CAROLINE HORTON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TENANT RENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TENANT ASSISTANCE PMTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | LAUNDRY & OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 246862 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 201807 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 5694 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 246862 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 201807 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 5694 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 15003 |
| IRS990/PYOtherExpensesAmt | 0 | 615914 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 435132 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -165779 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 615914 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 450135 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -208020 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 454363 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 25177 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 279646 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 18843 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 15003 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1515 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 75 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 161 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 35597 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 454363 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 435132 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 415441 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 422849 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 414952 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2142737 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 18843 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 15003 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1515 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 75 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 161 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 35597 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01630 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00870 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98370 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99130 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2142737 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 454363 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 435132 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 415441 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 422849 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 414952 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2142737 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 473206 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 450135 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 416956 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 422924 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 415113 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2178334 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 5962021 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2388205 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8350226 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 167309 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 167309 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 681226 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 711198 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 711198 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 23218 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 112188 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT SECURITY DEPOSIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | FINANCE LEASE LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 473206 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THAT THE CORPORATION EVALUATE TAX POSITIONS AND RECOGNIZE A LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE CORPORATION HAS ANALYZED ITS TAX POSITIONS AND CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY OPEN TAX PERIODS IN PROGRESS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6673219 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 681226 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 135406 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 473206 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 473206 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 681226 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 285548 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 215762 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 22614 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 10563 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ERIC JOHNSON |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | CAROLINE HORTON |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT & EXECUTIVE VP |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 308162 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 226325 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | THE PRESIDENT AND TREASURER ARE PAID BY AEON, A RELATED ORGANIZATION. AEON USES THE FOLLOWING TO ESTABLISH THE MENTIONED OFFICER'S COMPENSATION: - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURBEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3: |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ERIC ANTHONY JOHNSON, EXECUTIVE VICE PRESIDENT, IS THE PRESIDENT OF THE EXEMPT CONTROLLING ORGANIZATION. CAROLINE HORTON, TREASURER, IS THE CFO AND TREASURER OF THE EXEMPT CONTROLLING ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AEON MANAGEMENT, LLC MANAGES THE PROPERTY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AEON'S BOARD OF DIRECTORS ELECTS THE BOARD OF DIRECTORS FOR THE LANDING APARTMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ANY CHANGES IN THE ARTICLES OF INCORPORATION ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS AND BY AEON. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT FOR INTERNAL REVIEW. IT IS THEN FINALIZED BY THE CHIEF FINANCIAL OFFICER BEFORE GOING TO THE PRESIDENT AND THE BOARD FOR REVIEW AND APPROVAL BEFORE FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DIRECTORS OF THE LANDING APARTMENTS FOLLOW THE CONFLICT OF INTERST POLICY OF ITS PARENT ORGANIZATION, AEON. DIRECTORS MUST AVOID ANY CONFLICT OF INTEREST WITH RESPECT TO THEIR FIDUCIARY RESPONSIBILITY AND MUST REVEAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS TO THE PRESIDENT AND CHAIRPERSON, WHO SHALL INFORM THE BOARD OF DIRECTORS, PRIOR TO PARTICIPATION IN DISCUSSION OR DECISION-MAKING. AFTER COMMUNICATING THE MATERIAL FACTS RELATED TO A POSSIBLE OR ACTUAL CONFLICT OF INTEREST SITUATION, THE INTERESTED PERSON SHALL NOT BE PRESENT DURING BOARD DISCUSSION, DELIBERATION, AND DECISION-MAKING OF EITHER 1) DETERMINATION AS TO WHETHER THERE IS A CONFLICT OF INTEREST, OR 2) RESOLUTION OF THE ISSUE INVOLVING A DETERMINED CONFLICT OF INTEREST. IN A CONFLICT OF INTEREST SITUATION, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER WITH REASONABLE EFFORTS THERE IS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, AND, IF NOT POSSIBLE, THEN SHALL DETERMINE WHETHER THE PROPOSED TRANSACTION OR ARRANGEMENT IS IN AEON'S BEST INTEREST, FOR ITS OWN ORGANIZATIONAL BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. NON-DISCLOSURE OF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST SHALL RESULT IN DISCIPLINARY ACTION BY THE BOARD OF DIRECTORS. |
No mirrored PDF or thumbnail assets are attached yet.