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
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Aeris Insight Inc has achieved an 87% rating from Charity Navigator, reflecting strong performance in accountability and finance with a score of 83%. The organization demonstrates excellent governance practices, including 100% independent board members and a comprehensive set of policies related to financial oversight and conflict of interest. Notably, it maintains a substantial program expense ratio of 87.32%, indicating that a significant portion of its resources is directed toward its programs.
In terms of culture and community engagement, Aeris Insight Inc has a high score of 86%, showcasing its commitment to obtaining and utilizing constituent feedback effectively. The organization excels in feedback collection and implementation, which points to a responsive and inclusive approach to its community.
However, there are areas for improvement, particularly in its equity strategies, where it scored 79 out of 100. While the organization performs well overall, enhancing its focus on equity policies and data could further strengthen its impact and outreach.
This AI summary has been generated from information found on Charity Navigator.
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.
Heare 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):
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- Compensation: $223,301
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- Other: $24,120
- Compensation: $150,937
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- Other: $14,200
- Compensation: $137,038
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- Other: $26,846
Official website here: www.aerisinsight.com
Where can I find the form 990 for Aeris Insight Inc?
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.
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Impact
July, 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.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(267) 233-5150Principal Officer
Paige Chapel
Main Address
100 S JUNIPER STREET THIRD FLOOR, PHILADELPHIA, PA, 19107
Website
www.aerisinsight.comNTEE Category
Code: S31 - Community improvement
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