Nonprofit · EIN 45-4135784
AERIS INSIGHT INC
Also known as CARS
Tax-exempt · PHILADELPHIA, PA 19107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,456,180 | $3,425,074 | -$968,894 | $1,122,418 | $1,474,550 | -$352,132 |
| December 31, 2023 | 990 | $2,442,872 | $3,490,629 | -$1,047,757 | $1,609,381 | $992,619 | $616,762 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $343,000
- Program service revenue
- $2,111,822
- Investment income
- $0
- Other revenue
- $1,358
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $402,040
- Other salaries and wages
- $1,337,862
- Salaries, compensation and benefits (total)
- $2,038,379
- Professional fundraising fees
- $0
- Accounting fees
- $27,510
- Occupancy
- $35,361
- Travel
- $28,877
- Depreciation
- $164,255
- Program services (functional)
- $2,869,432
- Management and general (functional)
- $507,350
- Fundraising (functional)
- $48,292
Balance sheet and other
- Total assets, start of year
- $1,609,381
- Total assets, end of year
- $1,122,418
- Total liabilities, end of year
- $1,474,550
- Net assets, end of year
- -$352,132
- Land, buildings and equipment
- $677,277
- Net assets without donor restrictions
- -$625,489
- Net assets with donor restrictions
- $273,357
- Gross receipts
- $2,456,180
- Employees
- 17
- Volunteers
- 10
- Year formed
- 2012
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAIGE CHAPEL | PRESIDENT & CEO Officer | 40 | $230,542 | $10,360 |
| KAREN SEABURY | SECRETARY, DIR. RATINGS & ANALYSIS Officer | 40 | $160,000 | $1,138 |
| DANIAH IKRAM | FINANCIAL INSITUTIONS ANALYST Highest-paid employee | 40 | $155,000 | $1,101 |
| JONATHAN SCHWARTZ | DEPUTY DIRECTOR, RATINGS & OPERATIONS Highest-paid employee | 40 | $125,750 | $5,220 |
| MICHAEL GROZA | VP, FINANCIAL INSTITUTIONS ANALYST Highest-paid employee | 40 | $125,000 | $1,123 |
| LAURA PELKEY | DEPUTY DIRECTOR, FINANCE & ADMIN. Highest-paid employee | 40 | $119,583 | $5,884 |
| CRISNA HIMES | VP, FINANCIAL INSTITUTIONS ANALYST Highest-paid employee | 40 | $118,750 | $947 |
| PENELOPE DOUGLAS | CHAIR & BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| SONJA VELEZ | TREASURER & BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| JAMES LUM | TREASURER UNTIL 02/2024 Trustee or director, Officer | 1 | $0 | $0 |
| JUSTIN CONWAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM CASSELBERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VIVIENNE HSU | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID SAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OMAR BLAYTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANNE GAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LIZ SESSLER | BOARD MEMBER Trustee or director | 1 | $0 |
| NOELLE ST CLAIR LENTZ | BOARD MEMBER AS OF 07/2024 Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAIGE CHAPEL | PRESIDENT & CEO Officer | 40 | $220,000 | $23,060 |
| KAREN SEABURY | SECRETARY & DIR. RATINGS & ANALYSIS Officer | 40 | $158,333 | $13,250 |
| KATHY SMART-PRESTON | TECHNICAL PROJECT MANAGER Highest-paid employee | 40 | $141,269 | $27,518 |
| JONATHAN SCHWARTZ | DEPUTY DIRECTOR, RATINGS AND OPERATIONS Highest-paid employee | 40 | $116,284 | $15,582 |
| LAURA PELKEY | DEPUTY DIRECTOR, FINANCE AND ADMINISTRATION Highest-paid employee | 40 | $107,917 | $13,579 |
| PENELOPE DOUGLAS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAMES LUM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JUSTIN CONWAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM CASSELBERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VIVIENNE HSU | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID SAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OMAR BLAYTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SONJA VELEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOANNE GAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LIZ SESSLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S JUNIPER STREET THIRD FLOOR, PHILADELPHIA, PA 19107-1316
- In care of
- % PAIGE CHAPEL
- Principal officer (990 for 2024)
- PAIGE CHAPEL, 100 S JUNIPER STREET THIRD FLOOR, PHILADELPHIA, PA 19107
- Signed the 990
- PAIGE CHAPEL, PRESIDENT & CEO
- Phone
- (267) 233-5150
- Website
- WWW.AERISINSIGHT.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
SEE SCHEDULE O.AERIS STRIVES TO INCREASE THE FLOW OF CAPITAL BENEFITING LOW-INCOME AND DISADVANTAGED PEOPLE AND COMMUNITIES BY CREATING GREATER TRANSPARENCY AND ACCOUNTABILITY AMONG MISSION-DRIVEN NONPROFITS AND ENTERPRISES. AERIS PROVIDES COMPREHENSIVE, THIRD-PARTY ANALYSIS OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND RELATED DATA AND CONTRACT SERVICES THAT AID INVESTORS AND DONORS IN THEIR INVESTMENT DECISION-MAKING. SUBSCRIBERS TO AERIS' SERVICES USE HIGHLY STANDARDIZED DATA, RATINGS, AND IN-DEPTH ANALYSIS OF A CDFI'S SOCIAL IMPACT ACTIVITIES AND FINANCIAL STRENGTH TO GUIDE INVESTMENT DECISIONS.
Program accomplishments
- RATINGS - AERIS INSIGHT, INC. PROVIDES AN INDEPENDENT ASSESSMENT OF A CDFI'S IMPACT MANAGEMENT CAPACITY AND FINANCIAL STRENGTH AND PERFORMANCE. AERIS REPORTS HELP INVESTORS CONFIDENTLY ASSESS CDFIS THAT MATCH THEIR SOCIAL AND ENVIRONMENTAL IMPACT OBJECTIVES AND RISK PARAMETERS AND HELPS STRENGTHEN THE FINANCIAL, PORTFOLIO, AND IMPACT MANAGEMENT OF CDFIS. DURING 2024, AERIS ISSUED RATINGS REPORTS ON 71 CDFIS, WHICH SUPPORTED INVESTMENTS BY 43 CDFI INVESTORS IN LOW-INCOME AND UNDER-SERVED COMMUNITIES ACROSS THE UNITED STATES. AS PART OF OUR RATINGS SERVICES, WE CONTINUED TO OFFER "PROGRAMMATIC RATINGS" THROUGH A PARTNERSHIP WITH A NATIONAL TRADE ASSOCIATION. PROGRAMMATIC RATINGS SUPPORT THE STRENGTHENING AND GROWTH OF SMALLER CDFI LOAN FUNDS THAT PROVIDE FINANCING IN THE MOST DIFFICULT TO SERVE COMMUNITIES ACROSS THE US.Expenses $2,151,679 · revenue $1,463,493
- AERIS CLOUD/DATA PLATFORM - AERIS INSIGHT, INC. OPERATES A CLOUD-BASED DATA COLLECTION AND REPORTING SYSTEM THAT PROVIDES INVESTORS ACCESS TO QUARTERLY FINANCIAL AND IMPACT PERFORMANCE DATA ON CDFIS AND THAT SUPPORTS PEER COMPARISONS AND CDFI INDUSTRY TREND ANALYSES. DURING 2024, 184 CDFIS REPORTED DATA TO THE AERIS CLOUD. THEY COLLECTIVELY MANAGE ALMOST TWO-THIRDS OF ALL ON-BALANCE SHEET ASSETS IN THE FIELD. BY YEAR-END, 31 INVESTORS HAD ACCESSED AERIS' CDFI DATA TO INFORM THEIR INVESTMENTS IN CDFIS.Expenses $707,305 · revenue $504,329
- CONSULTING SERVICES - AERIS INSIGHT, INC. OFFERS EXPANDED ASSESSMENT SERVICES FOR INVESTORS THAT COMPLEMENT ITS CORE RATINGS PRODUCT. SERVICES FOCUS ON CUSTOMIZED ASSESSMENTS OF FINANCIAL PERFORMANCE AND IMPACT FOR A RANGE OF INVESTMENTS INTENDED TO PRODUCE POSITIVE OUTCOMES IN MARGINALIZED AND LOW-INCOME COMMUNITIES. DURING 2024, AERIS PROVIDED MONITORING AND ANALYTIC SUPPORT FOR SPECIAL PROGRAMS CREATED BY INVESTORS TO SUPPORT THE DISTRIBUTION OF CAPITAL THROUGH CDFIS TO LOW-INCOME COMMUNITIES THAT HAVE LIMITED ACCESS TO FINANCIAL RESOURCES; AND PROVIDED PROGRAM MANAGEMENT SUPPORT FOR THE SPONSOR OF THE PROGRAMMATIC RATINGS PROJECT.Expenses $10,448 · revenue $144,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4135784
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,122,418
- Income (IRS master file)
- $2,456,180
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,456,180 | $3,425,074 | $1,122,418 | IRS |
| 990 | December 2023 | $2,442,872 | $3,490,629 | $1,609,381 | XML |
| 990 | December 2022 | $3,015,767 | $2,646,513 | $2,498,682 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4135784).
Questions about AERIS INSIGHT INC
- What is the EIN of AERIS INSIGHT INC?
- The employer identification number (EIN) of AERIS INSIGHT INC is 45-4135784.
- Is AERIS INSIGHT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to AERIS INSIGHT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AERIS INSIGHT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AERIS INSIGHT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AERIS INSIGHT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AERIS INSIGHT INC?
- The 990 for the year ended December 31, 2024 names PAIGE CHAPEL.
- Who are the officers and directors of AERIS INSIGHT INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 7 received compensation from the organization, the highest $230,542 (PAIGE CHAPEL, PRESIDENT & CEO).
- How much revenue does AERIS INSIGHT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,456,180, expenses of $3,425,074 and total assets of $1,122,418 at year end.
Other nonprofits in PHILADELPHIA
- REINVESTMENT FUND INC EIN 23-2331946 · last filed 990 for 2024
- PHILADELPHIA INDUSTRIAL DEVELOPMENT CORP EIN 23-6050858 · last filed 990 for 2024
- PIDC COMMUNITY CAPITAL EIN 23-2889102 · last filed 990 for 2024
- PHILADELPHIA CITY FUND INC EIN 23-2174863 · last filed 990 for 2025
- GREATER PHILADELPHIA TOURISM MARKETING CORPORATION EIN 23-2847538 · last filed 990 for 2025
- PENNSYLVANIA MICROENTERPRISE COALITION EIN 23-2920364 · last filed 990 for 2025
- DELAWARE RIVER WATERFRONT CORPORATION EIN 23-1734559 · last filed 990 for 2025
- BEN FRANKLIN TECHNOLOGY CENTER OF SOUTHEASTERN PENNSYLVANIA EIN 23-2527210 · last filed 990 for 2025
All nonprofits in PHILADELPHIA · Pennsylvania · Community improvement and capacity building