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Filing year 2024

AEON

Minneapolis, Minnesota·EIN 41-1558711·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$44.4M
Total assets
$168.6M
Total expenses
$60.8M
Reported officers
25
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President & Chief Executive Officer
Above 90th percentilevs Housing & Shelter peers in Minnesota
$308k
$329k
Base
$286k
Bonus
Other
Benefits
$23k
Chief Real Estate Officer
Key Employee
Above 90th percentile
$250k
$266k
Base
$247k
Bonus
Other
$600
Benefits
$3k
Chief Financial Officer
Above 90th percentilevs Housing & Shelter peers in Minnesota
$226k
$241k
Base
$216k
Bonus
Other
Benefits
$11k
Vice President of Human Resources
Board Vice President
Above 90th percentilevs Housing & Shelter peers in Minnesota
$194k
$207k
Base
$171k
Bonus
Other
$600
Benefits
$22k
Chief Policy & Partnerships Officer
Highest Compensated Employee
75th to 90th percentile
$190k
$203k
Base
$180k
Bonus
Other
Benefits
$10k
Executive VP of Operations
Executive Vice President
75th to 90th percentile
$188k
$200k
Base
$184k
Bonus
$2k
Other
$600
Benefits
$2k
Controller
Above 90th percentile
$182k
$194k
Base
$180k
Bonus
Other
Benefits
$1k
Vice President of Advancement
Board Vice President
Above 90th percentilevs Housing & Shelter peers in Minnesota
$171k
$182k
Base
$160k
Bonus
Other
Benefits
$11k
Director of Housing Development
75th to 90th percentile
$149k
$159k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at AEON equaled 0.5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
0.5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 16%
over 3 years

From $266k in 2021 to $308k in 2024.

$266k
2021
$302k
2023
$308k
2024
In today's dollarsEst.
Up 2% in real terms$321k to $329k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 43% from 2021 to 2024, while revenue rose 20%.

$215k in 2021 to $308k in 2024.
  • Key Employee pay rose 24% from 2023 to 2024.
  • Chief Financial Officer pay rose 6% from 2021 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about AEON

What does the Chief Executive Officer of AEON earn?

In 2024, the Chief Executive Officer of AEON received $308,162 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AEON compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Minnesota, the 2024 pay of the Chief Executive Officer at AEON falls in the top 10%. In 2024, the highest total compensation at AEON equaled 0.5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are AEON's revenue and expenses?

In 2024, AEON reported $44.4M in total revenue and $60.8M in total expenses on its IRS Form 990.

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