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.
Donations are tax-deductible
Category
Other
Employees
318
Volunteers
31
Financial Snapshot
FY ending 2024-12-31
Revenue
$44.4M
Expenses
$60.8M
Assets
$168.6M
Liabilities
$234.5M
Financial history
$60.8M$30.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $44.4M · Avg: $25.8M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.
Political & Grant Activity
Campaign Spending
—
Lobbying
$33K
Grants Given
—
AEON
Your actions
Address
901 N 3RD ST STE 150
Minneapolis, MN, 55401-117
Governance
Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Net to org-$54K
Retained by contractors$54K
ChannelsMail · Phone · Email · In-person · Grant solicitation