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Aeris Insight Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454135784 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Aeris Insight Inc?

Aeris Insight Inc, based in Philadelphia, Pennsylvania, is a nonprofit organization committed to fostering social and environmental impact in under-served communities across the United States. Their primary mission involves facilitating the flow of capital to Community Development Loan Funds, thereby promoting racial equity and positive societal changes. Aeris Insight Inc achieves this objective by providing an independent assessment of Community Development Financial Institutions (CDFIs) impact management capacity, financial strength, and performance. In 2022, Aeris Insight Inc issued ratings reports on 72 CDFIs, which supported investments by 90 CDFI investors in low-income communities. By offering comprehensive, third-party analysis of CDFIs and related data, Aeris Insight Inc aids investors and donors in their investment decision-making process. Utilizing highly standardized data, in-depth ratings, and analyses, subscribers to Aeris Insight Inc's services can make informed decisions on the social impact activities and financial strength of CDFIs. With a workforce of 15 employees, Aeris Insight Inc strives to increase transparency and accountability among mission-driven nonprofits and enterprises, thereby benefiting low-income and disadvantaged people and communities.


Official website here: www.aerisinsight.com

Is Aeris Insight Inc legitimate?

Aeris Insight Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aeris Insight Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $412,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $964,847

For more financial information, click here


Official website here: www.aerisinsight.com

What is the mission statement of Aeris Insight Inc?

Aeris Insight Inc's mission is centered around facilitating and increasing the flow of capital to Community Development Loan Funds, ultimately promoting greater racial equity and positive social and environmental impacts. The organization strives to enhance transparency and accountability within mission-driven nonprofits and enterprises, serving low-income and disadvantaged communities. Aeris offers comprehensive, third-party analysis of Community Development Financial Institutions (CDFIs) and related data, providing valuable insights to investors and donors in their investment decision-making process. By utilizing highly standardized data, in-depth ratings, and analyses of a CDFI's social impact activities and financial strength, subscribers to Aeris' services can make informed investment decisions.


Official website here: www.aerisinsight.com

Who is the CEO of Aeris Insight Inc?

Paige Chapel is the Chair of Aeris Insight Inc. The CEO's salary of Aeris Insight Inc is $223,301 and their total compensation is $247,421.


Official website here: www.aerisinsight.com

What is the revenue of Aeris Insight Inc?

Aeris Insight Inc's revenue in 2022 was $3,015,767.


Official website here: www.aerisinsight.com

Who are the executives of Aeris Insight Inc and what are their salaries?

The average compensation at Aeris Insight Inc during 2022 was $91,827. There are 15 employees and 10 volunteers at Aeris Insight Inc.

Here are 13 key members and their salaries (Aeris Insight Inc's CEO's salary is $223,301 and their total compensation is $247,421):

    Paige Chapel (President & Ceo)
  • Compensation: $223,301
  • Related: $0
  • Other: $24,120

    • Karen Seabury (Secretary & Dir. Ratings &)
  • Compensation: $150,937
  • Related: $0
  • Other: $14,200

    • Kathy Smart-Preston (Technical Project Manager)
  • Compensation: $137,038
  • Related: $0
  • Other: $26,846

    • Penelope Douglas (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Lum (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Shafer (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Conway (Governance Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Casselberry (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vivienne Hsu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sand (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rekha Unnithan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Omar Blayton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonja Velez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aerisinsight.com

    Where can I find the form 990 for Aeris Insight Inc?

    The Aeris Insight Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aerisinsight.com

    Learn more at the official website: www.aerisinsight.com

    Mission Statement of Aeris Insight Inc

    Aeris Insight Inc, a nonprofit organization, strives to enhance the flow of capital benefiting low-income and disadvantaged individuals and communities. By doing so, they aim to promote greater transparency and accountability within mission-driven nonprofits and enterprises. The primary role of Aeris Insight Inc is to provide comprehensive, third-party analysis of Community Development Financial Institutions (CDFIs) and related data. This analysis, along with contract services, aids investors and donors in making informed investment decisions. Subscribers to Aeris' services utilize highly standardized data, in-depth ratings, and analyses of a CDFI's social impact activities and financial strength to guide their investment decisions, ultimately contributing to creating a more equitable society with positive social and environmental impacts.

    Impact

    This information is meant to be a general summary of Aeris Insight Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Aeris Insight Inc facilitates and increases the flow of capital to community development loan funds, thereby creating greater racial equity, positive social and environmental impact. By providing independent assessments of CDFIs' impact management capacity and financial strength and performance, Aeris empowers investors to confidently assess CDFIs that align with their social and environmental impact objectives and risk parameters. In 2022 alone, Aeris issued ratings reports on 72 CDFIs, supporting investments by 90 CDFI investors in low-income and underserved communities across the United States. Through its comprehensive analysis and data services, Aeris contributes to greater transparency and accountability among mission-driven organizations, ultimately increasing the flow of capital benefiting low-income and disadvantaged individuals and communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $803
  • Program Service Revenue: $1,754,964
  • Gross Receipts: $3,015,767

    • Assets and Liabilities:
  • Total Assets: $2,498,682
  • Total Liabilities: $834,163
  • Net Assets: $1,664,519
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUBSCRIPTION FEES

    Revenue

    $1,134,464

    CDFI RATINGS FEES

    Revenue

    $467,000

    FEES FOR SERVICE

    Revenue

    $153,500

    Organization Details

    Founding Year

    2012

    Principal Officer

    Paige Chapel

    Main Address

    100 S JUNIPER STREET THIRD FLOOR, PHILADELPHIA, PA, 19107

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Aeris Insight Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.