2009 Annual Report

C O N N E C T I N G T O C O M M U N I T Y

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O• Aeonprovidedmorethan3,000men,womenandchildrenwithsafe,qualityaffordablehomes.

• GroundwasbrokenontheAllianceAddition,whichwillexpandAeon’ssuccessfulAllianceApartments

with61newunits.Allianceprovideshomesforformerlyhomelessadultsseekingasobercommunityand

sobrietysupportservices.

• TheAllianceAdditionrepresentsAeon’sfirstuseofStructuralInsulatedPanels,ahighlyenergy-efficient

buildingmaterial.

• AsurveywaspilotedatfourAeonpropertiestodeterminehowwellAeonisachievingitsvisiontocreate

asenseof“home”forresidents.Aeonwilluseresidents’responsesaboutsafety,engagement,and

ownershiptoimproveitsperformanceineachoftheseareas.

• TheNationalAwardofExcellenceinSustainableCommunityDevelopmentwasgiventoAeonby

TheHomeDepotFoundationforRipleyGardens,arenovationofahistoricmaternityhospitalsitein

northMinneapolis.

• Aeon’sfirstsolarheatingsystemwasinstalledatTheWellstone,partofAeon’scommitmenttomake

homessustainableoverthelongterm.

• ThecommunitycelebratedthegrandopeningofTheWellstone,thethirdoffourdevelopmentsrevitalizing

theintersectionofFranklinandPortlandavenuesinMinneapolis.

• TheWellstonewasnameda“TopProject”byFinance and Commercenewspaper,whichhonorsthestate’s

bestnewconstructioneachyear.TheWellstonealsoreceiveda“GreenBuildingofAmericaAward”from

Real Estate & Construction Review.

• AeonestablishedConnect,anetworkofyoungprofessionalscommittedtoAeon’smissiontocreate

affordablehomes.

• WiththeRenaissanceBox

renovationinSt.Paul,Aeon

beganworkingtowardsitsfirst

LEEDGold-certifieddevelopment

(LeadershipinEnergyand

EnvironmentalDesign).

O U T C O M E S

“Aeonisallabout

connectingwith

purpose—people

tohomes,homes

toneighborhoods,

neighborhoodsto

communities,donors

tobeneficiaries—in

anever-broadening

anddeepening

networkofmeaningful

relationships.”

—AlanArthur

AlanArthur

President

BethWidstrom-Anderson

Chair,BoardofDirectors

IIt’sinhardtimesthatwelearnthatconnectionscount.

Today’seconomicrealityhasdevastatedorganizationslikeours.Acrossthecountry,plansfornewaffordable

homeslanguishbecausethemechanismthatencouragedbankstoinvestinthesepropertieshascollapsed.

Hundredsofplannedprojectsareindefinitelystalled.

Atthesametime,theneedhasneverbeengreater.HomelessnessinMinnesotahasskyrocketed22percentover

thepastthreeyears,whilepeopleearningthelowestincomesaresufferinganotherGreatDepression,facing

unemploymentashighas30percent.

We’veseenlaterentpaymentsincrease,andmanyofourresidentssufferthekindofstressthatcomeswith

profoundinsecurity.

Aeonisturningmorethanevertotherelationshipswe’vebuiltamongourdonors,funders,andfriends.Wecan’t

emphasizethisenough:youmakethisworkpossible.Onbehalfofthousandsofmen,womenandchildrenwho

nowliveindecent,stablehomes,thankyou.

Wewereabletopushforwardseveralimportantprojectsin2009.Webeganconstructionon61apartments

forformerlyhomelesspersonsseekingasoberenvironment.Wearerehabbing120dilapidatedapartments

inRosevilletocreatehigh-qualityaffordablehomes.Wealsocontinuedtomoveforwardonthreeother

developments:ahistoricrenovationinSt.Paul,newapartmentsforfamiliesinRoseville,andanewpropertyfor

seniorswithverylowincomesinChaska.

Remainingatthecenterofallwedoisourorganizationalvisionthat everyone has a home and is interconnected

within community.That’swhy,inadditiontocreatinghomes,wearefosteringthekindofcommunitythathelps

peoplethrive.

Weareproudtopresentour2009annualreport,whichhighlightsthemanymeaningfulconnectionsthatlinkus

togethertoachieveacommunitythatenrichesallofus.

Again,deepestthanksforyourcontinuedsupportandpartnership.

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possibilityC O N N E C T I N G T O

ARESIDENTDISCOVERSPOSSIBILITYWITHINLOSS“Ipulledasix-figureincome,hadahomeinnearbyBrynMawrandclaimedthisasmyneighborhood.Then,withhealthfailingandthelossofmyjob,Ilostmyhome.Ibecame“oneofthem”...andamIevergladIdid.Nowlifeisallaboutrelationships—thepeopleIseeeveryday,myfriends,mysupport—andthisoneplaceIcallhomehasmadeitpossible.Keepingoureyesopen,recognizingeachotherandleaningoneachotheriswhatmatterseveniftheworsthappens.Because,thebestcanbeontheotherside.”

JenniferKramerResidentRipleyGardens

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possibilityACORPORATEFOUNDATIONFINDSTHERIGHTFIT“TheHomeDepotFoundationisdedicatedtohelpingfamiliesthrivethroughpublic-privatepartnershipsthatbuildaffordable,sustainablehomes.WithMinneapolis’focusoneconomicandenvironmentalsustainabilityandAeon’sRipleyGardensplan,wefoundaperfectmatch.Ahistoricpreservationprojectthatfocusedonsustainability,affordablehousing,reuseandrenovation,andevengreenspace—ithitonallcylinders.Itwasourkindofproject.”

KellyCaffarelliPresidentHomeDepotFoundation

ANEIGHBORHOODLEADERREFLECTSONASUCCESSFULPARTNERSHIP“Inretrospect,RipleyGardenshappenedbecauseofthecombinedhardworkandgoodintentionsofAeonandtheHarrisonNeighborhood.Wediligentlybuildinroadsonalllevels.Ourmutual,intensive,activelisteninghelpedbringresourcestogethertotransformthatpartoftheneighborhood.It’satransformationthatdemonstratessuccess,drawsnewbloodandnewleadershipintoourcommunity,enticesinvestorsandhelpscontinuetherevitalizationofHarrison.”

LarryHiscockDirectorHarrisonNeighborhoodAssociation

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RipleyGardensis

thetransformation

oftheformerRipley

MaternityHospital

intothree,fully-

restoredhistoric

buildingsandthe

additionofthree

newbuildings.Here,

weprovide52rental

andeighthome

ownershipunits.

Sitedevelopment

planningincluded

extensivepartnering

withtheHarrison

Neighborhood

Association,which

sawthepotentialof

adevelopmentthat

incorporatedawide

rangeofsustainable

designelements.

3

ELEVATINGASPIRATIONS“RipleyGardenshasaddedtothefabricofthisneighborhoodandprovidedananchor.Thepeopleinmycongregationarehappythatit’sfamily-oriented.Ithaselevatedtheaspirationsoftheneighborhoodandinspiredustothinkdifferentlyaboutwhat’spossible.”

KellyChatmanSeniorPastorRedeemerLutheranChurch

potentialAYOUNGRESIDENTISACHIEVINGHISDREAMS“IwasborninEthiopiaandlivedasarefugeeinKenyabeforeImovedtoMinneapolistolivewithmyAunty.Ididn’tknowthelanguagebutsixmonthslater,throughgoodteachers,advisorsandmyAunty,Ibegantounderstand.ThenAuntygotmarried,movedandIwashomeless.MyteachersnoticedIwasmissingclassandIwasseriousaboutgettinganeducation.Some-thingwasup.Aftertwomonths,sponsoredbymyteacher,IgotintoSt.Barnabas.OK!Aplacetosleep,tutorstohelpwithschool,Icouldmeetmygoal:gotoschool,learnthelanguage,todayisgoodandtomorrow’sgonnabebetter!

I’vegonefromninthgradetocollege,fromagreencardtoaU.S.citizen,fromaresidenttoaresidentadvisor(I’mabridgebe-tweenresidentsandstaff),fromahighschoolgraduatetoacollegestudentwhovolunteersatHCMC.”

JuhadAliyeResident&AdvisorSt.BarnabasApartmentsBorn:EthiopiaU.S.Citizen:January5,2010

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potential

ANEXPERTONCHILDRENSAYSREDUCINGCHILDHOMELESSNESSISJOB#1“Workingtomeettheneedsoffamiliesisrelated,butdifferent,frommeetingtheneedsofchildren.Therockbottomfoundationofastrongcommunityisthehealthychild.Childrenhaveabetterchancewithastable,healthyhomelife.Wemustbeintentionalaboutmeetingkids’needs.Aeonprovidesopportunitiestodecreasehomelessness,whichisaformofneglectfromthecommunitythatdeeplyimpactsthelong-termhealthofthechild.”

ElizabethHinzDistrictLiaisonforHomelessandHighlyMobileStudentsMinneapolisPublicSchools

ACASEMANAGERCONNECTSYOUTHTOHELPANDHOPE“OurmissionatYouthLinkistohelpguideyoungpeopleinbuild-ingrelationshipsandempowerthemtoself-sufficiency.AsyouthmoveintoSt.Barnabas,they’reincrisis,manydealingwithmorethanhomelessness,frommentalhealthissuestofamilycrisistoeducationdifficulties.Juhadwasfoundsleepinginacarathismosque,oneofthefirstyouthbroughttous,barelyknewEng-lish.Hispurposeanddrivetoac-complishisunbelievable.IfIask,“Howareyou?”hesaysthesamethingeverytime,withasmile:“Good!Good!Lifeiseasy!”

RachelGreenwaldCaseManagerSt.BarnabasApartmentsYouthlink

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Aeon’sSt.Barnabas

Apartments—the

preservationofa

1910St.Barnabas

hospitaladdition—

hasprovidedstable

housingforformerly

homelessandat-risk

youthsince2005.

Ourpartnership

withYouthLink

providesguidance

andencouragement

forouryoung

residents,helping

themgrowtoward

self-sufficiency,self-

empowermentand

healthyrelationships.

placeC O N N E C T I N G T O

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ARESIDENTSAYSHEFEELSWELCOMED“MypartnerRobertandIweremovingfromChicago.IfoundTheWellstoneonCraigslistandwefellinlovewithit.Fromtheeaseofthemove-inprocesstoourhomewithsustainablefeaturestothenear-downtownlocationataffordablepricestoourneighbors—it’sacommunitywherewefeelsafe,welcomedandwherewewalkourdog.”

SamuelHines(left)ResidentTheWellstoneApartmentsAreaManager,Teavana

placeANOFFICERSAYSITTAKESEVERYBODYTOMAKEACOMMUNITY“Communitymeans‘U-N-I.”Simplyput,youcan’tspellitwithout‘youandI.’Thisincludestheimmigrantstrugglingwithlanguage,thefive-yearoldwhoneedssafepassagetotheHeadStartbusandtheelderwho’sraisedafamilyhereandnowneedsaffordablehousingtostayinthisneighborhood.”

CarlaNielsonMinneapolisPoliceDepartmentCrimePreventionSpecialistFranklinSafetyCenterLongtimenearbyresident

ACORPORATEVOLUNTEERLEADERSAYSTHEYLOVETHECHANCETOGIVEBACK“Ourfirmisfocusedoncorporateresponsibility.Thisfocusincludesabroadanddeepdefinitionofsustainabilitylikebreakingthecycleofhomelessnessbyhelpingfamiliesmakesubstantivechangesthatimpactgenerations.WithAeon,wediscoveredsimilargoalswhichallowedustopitchinandmakeasignificantimpactinourcommunity.”

ErikaPetersonGeographicMarketingLeaderPricewaterhouseCoopersLLPHolidayGivingTree

ASMALLBUSINESSOWNERISGRATEFULFORTHERENEWEDNEIGHBORHOOD“Ourbusinesshasstoodherefor28years.Overthedecades,we’veseenalotofupsanddowns.Butinthepastfewyears,thiscornerchangedfrompilesofdirttothehustleandbustleofhardworkingpeopleandbeautifulbuildings,niceandneat.It’sbroughtpeoplebackintotheneighborhoodandwiththem,acleanfreshstart.”

SusieCarlsonOwnerCarlsonPrintingCompanyFranklin&ChicagoAves.

Withourpartner,

HopeCommunity,

we’renearingthefinal

phaseofdevelopment

oftheFranklin

PortlandGateway.

Theoncevacant,

blighted,crime-

riddenintersection

istransforminginto

avibrantcommunity

ofqualitymixed-

income,mixed-use

propertiesthatare

family-,pedestrian-,

andtransit-friendly;

boastinggreenspace

andsustainability

featuresthataddto

theneighborhood’s

charmandlivability.

7

IndividualsCierra AdamsMike AddyRick AdelsgruberFatuma AhmedCharles AlexanderJacqueline J. AlexanderAbdinasir AliMark D. AppelbaumBruce ArnoldCleo AustinJoye BellVianna BellJames BellefeuilleJesslyn BenedictRachel Bickel Harris Bradford Susan BrattAmy L Brogan Paul Cairns Carrie A Carpenter Paul J. CarrEddie ChambersKelly Chatman Jessica Christy Harold Cooper Justin D. CumminsSally CuninghamSachin Jay DarjiCarolyn DavenportSondra DawsonSally DekeSid DeLucaLynette DumalagAsha Duncan Dale FehrDavid Fehr Dona FehrKristin FicekRick FordDale ForsbergDeziyia FullerDavid W GibsonShirley GipsonRuzana GlaeserElisabeth GrahamMarvin GrubbsAngela GulliksonAundi HammerPaula HansonArt Harris

Marie A. HarrisBenjamin HartinElery HattenJamine HillMichelle HixonDarnell HoskinsLawrence JacksonBrian JohnsonKim Kangas Gary KentHeather Kerestes Michael KillingsJason KrogsengJosh LarsonMark A. LeeSteve LetnesDavid LewisKatherine LewisDaniel Mack Craig Malwitz Laurie Martineau Nick Mattson David Maynard Mey McClintonTyeesha McHie Dane MessallJoanna MillerAndrew MorkMaggie MossJerry E MurrayCristina NarvaezNick NerlandMark J. NeumannDaisy NguyenBill T. NimmoJulie ObergMohamed OsmanJenny Patzlaff Brandon Peterson Afshin Pirzadeh Courtney PojaCharles Radmann Karen RadmannAwale RagePaul H. Ravich Teresa Reardon Jessica Roemer Victor Rojas Mike Rosen Bruce Rubin Tom Schaefer

Carmen Segura Mary Segura Valley SewardVictoria Murray Shipley Danney Shockley Janet ShockleyDiana Siebenaler Keith M. SimonsAustin Smith Gregory SmithJeff Snegosky Nancy Swanson Carletta F. Sweet Madelaine Taft-Ferguson Archie Tanner Steve TauchenJulian TaylorNany Thao Steve Thithavong Jesica Thoennes Barry Thompson Gilbert TownerDan Trebil Laura Tupy Devon Washington Jay Watson Darin Whitely Beth J. Widstrom-AndersonNick Woodard Brian WoolseyDenise Young Eric Young Abdul Yusuf Julie Zimmerman Mick Zivkovic

Organizations3MAlumnus of the College of St. Benedict & Saint John’s UniversityAmeriprise FinancialBAE SystemsBush Foundation Comcast Cummins Power GenerationDirectex Ernst & YoungFirst Ukrainian Evangelical Baptist ChurchGAPGreater Twin Cities United WayHoly Family Catholic High School International School of MNIQ Marketing Main Street School of Performing Arts National Honor Society MEDRAD / Possis Minneapolis Downtown Council Minneapolis Rotaract ClubMinneapolis Urban LeagueMount Calvary Lutheran Church MTS Systems Corporation National Association of Black Accountants NorthMarq Capital, IncOld Navy Park Nicollet Health Services Human ResourcesPhi Upsilon Omicron PricewaterhouseCoopers LLP Ridgeview Medical CenterSeagateSouthview Middle School St. Joseph’s Parish Community St. Louis Park Senior High School St. Paul Travelers Target CorporationThe J.M. Smucker CompanyTree HouseTwin Cities Chinese Evangelical Free Church United HealthCare University of Minnesota College of Biological Sciences University of St. Thomas University YMCA Y tutors Upper Room UPS UW-River Falls Upward BoundWayzata Free ChurchWells Fargo CorporationWooddale Church

Aeon thanks the more than 1,362 volunteers who shared their time and talents

by contributing 8,531 hours of volunteer service. Volunteers support Aeon’s

mission in many ways. The following volunteers supported Aeon with more than

5 hours of service. Thank you!

V O L U N T E E R S

8

Summarized from Aeon’s 2009 audited financial statements.

F I N A N C I A L S

9

Statement of Financial PositionAs of December 31, 2009

AssetsCashandcashequivalents 3,834,735Reservesandescrows 8,747,074Contributionsandotherreceivables 1,326,128Duefromaffiliates 164,381Prepaidexpenses 174,598Propertyheldforredevelopment 7,708,719Propertyandequipment 118,338,290Interestsinotherentities 284,728Taxcreditandfinancefees,net 1,609,987Otherassets 129,282TotalAssets 142,317,922

Liabilities and Net Assets

LiabilitiesAccountsandconstructionpayable 372,136Accruedpayroll,propertytaxesandother 1,403,983Prepaidrentandotherliabilities 208,304Securitydeposits 502,114Notespayable 102,644,646Accruedinterest 11,795,336TotalLiabilities 116,926,519

Net AssetsUnrestricted Controllinginterest 5,831,836 Non-controllinginterests 15,077,857Temporarilyrestricted 4,481,710TotalNetAssets 25,391,403

TotalLiabilitiesandNetAssets 142,317,922

Statement of Activities and Changes in Net AssetsFor the year ended December 31, 2009 Consolidated 1 Aeon(excludespropertyoperations)Revenues and SupportUnrestrictedRestrictedContributions 1,060,129 880,602 179,527Netassetsreleaseduponexpirationofrestriction - 288,658 (288,658)Governmentgrants 935,501 536,804 -Developerfees 692,492 1,166,795 -Propertyandpartnershipfees - 695,708 -Propertymanagementfees 71,977 803,661 -Rentalrevenue 12,017,473 159,442 -Interestandotherrevenue 177,074 161,780 -Totalrevenuesandsupport 14,954,646 4,693,450 (109,131)

ExpensesProgramservices: Housingdevelopment 1,452,998 1,888,574 - Housingservices 1,017,806 1,142,206 - PropertyManagement 790,969 847,037 - Rentaloperations 15,919,585 205,522 -Managementandgeneral 415,818 415,818 -Fundraising 464,280 464,280 -Totalexpenses 20,061,456 4,963,437 -Change in net assets (5,106,810) (269,987) (109,131)Netassets,beginningofyear 30,081,213 2,294,115 1,343,968Capitalcontributions 417,000 - -Netassets,endofyear 25,391,403 2,024,128 1,234,837

Reconciliation of Change in Net Assets Non-controllinginterestsinlimitedpartnershipearnings (3,648,984)Controllinginterestchangeinnetassets(1,457,826)Totalchangeinnetassets (5,106,810)

1AeonhasestablishedvariousentitiestoownandoperatethehousingAeonhasdeveloped.TheseconsolidatedfinancialstatementsincludetheaccountsofAeonandallrelatedentitiesthatAeoncontrols.Allmaterialintercompanyaccountsandtransactionshavebeeneliminatedintheconsolidatedstatements.TheStatementofActivitiesalsosummarizestheoperatingresultsforAeon’sGeneralFund.

Dream Builders (min. $10,000/year for 5 years)Alan & Carol Arthur §Caliber FoundationPaul & Diane Frerichs §Roger Raina & Marsha Gille §

Brick Layers (min. $5,000/year for 5 years)Russell Cowles & Josine PetersKevin Filter & Rosemary KesslerPaul & Jeanne Ravich Family Fund of The Minneapolis FoundationEmily Anne Tuttle & Gedney Tuttle

Ground Breakers (min. $1,000/year for 5 years)Michael AafedtDean AdolphThe Bob & Nancy Anderson Family Fund of The Minneapolis FoundationJeanne Andre & Dennis SchapiroJoseph Anthony & Megan MourningLynn Argetsinger & Roger FriedellPeter BaileyWilliam Albert Baker IIIDave & Mary Jo BangasserRob & Cammie BeattieBarry BergPeter Berrie §John & Lorraine BesserminVicky BoddieBraxton Hancock & SonsJoan Campbell §David CarischJon & Jean CarlsonDarlene J. & Richard P. CarrollAndrew CentanniAnders & Christine Christensen §

CID, Inc.Gina & Ted CiganikWally CisewskiChristopher Cleveland & Patricia BloodgoodPaul & JoAnn CochranCollaborative Design GroupRyan ComerDermot CowleySally & John Cuningham §Michael & Carol CushmoreJohn & Virginia DavisRosemary S. DavisSally DekeJohn DietrichJonathan & Tesha DistadFrank C. DunbarRon & Stacy EricksonFrancis FallonDan & Kathy FlicekRick FordDale & Sara Forsberg §Dan & Ann GiffordMarsha Gille & Roger Raina §Ward & Cathleen GodsallGrand T Builders, Inc.Hamernicks DecoratingRod & Katie HardyAnne & Peter Heegaard Family Fund of the The Minneapolis FoundationGreg & Nancy HeldNell HillsleyKathy HolladayRex & Arlene HolzemerCaroline Horton §

JLG ArchitectsKathleen JonesBill JoyceJim & Marti JustusJames KingJoanne Kosciolek & Randy Hoversten §Dean & Carol LaFrenzVan S. LawrenceJoseph & Sylvia LawverRev. Katherine Lewis & Rev. Bill BulsonPeg & Dick LidstadTom Linebarger & Michele JaninLorrie LouderR. Gregg LovellMahoney Ulbrich Christiansen & RussSue & Terry MartinsonShaun Christians McElhatton & Catherine Christians SpaethMichael MeyerJim & Marilyn MuellnerMulcahy Family Fund of The Saint Paul FoundationJerry & Denise MurrayKim & Stafford NelsonBruce & Ann NerlandNancy NerlandNick & Tamra NerlandThomas NordykeNorth American Banking Company §Sharon OlsonJim & Joanne PfauSpiwe L.A. PierceJohn & Gayle PrestPrivate Bank Minnesota §

David & Colleen ReitanJohn & Catherine RiesRocker FamilyMike & Toni Rosen Family Fund of The Minneapolis FoundationBill SandsTom & Lynn SchaeferPatty L. SchneiderDoug SeatonJohn & Christina SheranVictoria Murray ShipleyDoug SimekApril Spas & Kris BurhardtJon SpoerriLawrence Stephenson & Allison ThielCharles Stinson & Carol EastlundJoseph & Pamela StraussPaul Sween, DominiumFrances W. TobianDave E. VanneyPete & Mary VorbrichBrent WebbScott WeichtWilliam WeismanTroy & Jennifer WenckBeth Widstrom-Anderson & Roger AndersonGwen M. WildermuthBrad WilliamsJohn M. WilliamsBrian WoolseyPeter WorthingtonJames Wresche & Lynn HunterJulie Zimmerman & Steve Curry

§ denotes Founding Member

The Cornerstone Society honors individuals who support Aeon’s mission in the

form of a five-year pledge of $1,000 or more per year. Thank you!

C O R N E R S T O N ES O C I E T Y

10

Coporations, Foundations & Other FundersAmeriprise FinancialAthwin FoundationOtto Bremer FoundationCalvert Social Investment FoundationC.H. Robinson Worldwide FoundationCenterPoint EnergyCity of ChaskaCity of MinneapolisCity of RosevilleCity of Roseville Housing & Redevelopment AuthorityCity of St. PaulCorporation for Supportive HousingCummins Power GenerationEcolab FoundationEdina Realty FoundationFaegre & Benson FoundationFamily Housing FundFannie MaeJohanna Favrot Fund for Historic Preservation of the National Trust for Historic PreservationFederal Home Loan Bank of Des MoinesFrey Family FoundationGranite FoundationGreater Minneapolis Housing CorporationGreater Twin Cities United WayHennepin CountyHome Depot FoundationHousing and Redevelopment Authority of the City of Saint PaulHRK FoundationLions Foundation of MinneapolisM & I BankJohn D. and Catherine T. MacArthur FoundationMarquette Financial CompaniesMcKnight FoundationMetro Housing & Redevelopment AuthorityMetropolitan CouncilMinneapolis City of Lakes Rotary ClubMinneapolis Lodge #19 A.F. & A.M.

Minneapolis Rotaract ClubMinneapolis Rotary Club 9Minneapolis South Rotary ClubMinnesota Department of Employment and Economic DevelopmentMinnesota Historical SocietyMinnesota Housing. State of MinnesotaNAIOP Commercial Real Estate Developers AssociationNational Equity Fund (NEF)National Housing TrustNational Trust Loan Fund and John S. and James L. Knight FoundationNFC FoundationNonprofits Assistance FundNorth St. Paul-Maplewood– Oakdale Rotary ClubJay and Rose Phillips Family FoundationRamsey County HRAWalter C. Rasmussen – Northeast Bank FoundationRBC Foundation – USARidgeview Medical CenterSoener FoundationSt. Paul Public Housing AuthoritySurdna FoundationTarget FoundationThrivent Financial for Lutherans FoundationTurner Family FoundationTwin Cities Local Initiative Support Corporation (LISC)University Rotary ClubUS Bancorp Community Development CorporationUS Bancorp FoundationU.S. Department of Housing and Urban DevelopmentWachovia Affordable Housing Community Development CorpWells FargoXcel Energy Foundation

Event SponsorsAdolfson & Peterson ConstructionBraun IntertecCharles R. Stinson Architects

Collaborative Design GroupCRS Interiors LLCCuningham Group Architecture, P.A.EnterpriseFrerichs Construction CompanyLHB Architect & EngineersNational Equity Fund, Inc. (NEF)Pierce Pini & AssociatesUS Bancorp, Community DevelopmentWatson-ForsbergWeis BuildersWells Fargo N.A.

Individuals & Organizations$5,000 +CarVal InvestorsWatson Forsberg

$1,000 – $4,999Anonymous Ed BriesemeisterJoanne C. CarlsonCarol & Charles DennyDennis & Karen FensterVanessa FreemanJohn HelgesonBarbara & Larry JohnsonMarv & Betty KotekNancy Miller & Ed Levin *Donna LuceroAnne NickoloffDouglas Ollila & Jane HarperPohlad Family Foundation Employee Gift Matching ProgramRHR Information ServicesAnn Rucker *Leonard J. Slade Chris Zuspann *

$500 – $999Norm and Conni BjornnesPhilip Bradley & Jan Frankman *J. Peter Brull Fund of The Minneapolis FoundationCitiGroup Foundation, Matching Gifts/Volunteer Incentive ProgramGary Critelli *Sachin Darji *

Rosemary DolataJohn DuffyBarbara Dunlay & Janell Siegfried *David Dye & Daisy Nguyen *Elaine & Einar EkstedtJenny Ekstedt Johnson & Matt JohnsonNed Foster & Laura Tiffany *Pamela and Gary Fredrickson *Quentin & Jane JohnsonDon KeefeDavid & Gay Ludvig *Bruce MacGibbonTom & Becky MattisonMaxfield Research *Margaret McBride *Peter McLaughlin *Jen Mein *James MilesCarol Moller *Alice Moormann *Brian NelsonDavid & Kathleen Newman *Bob & Mary O’ConnorCarolyn Olson *Kathy OlsonAmy Pfarr Walker & Bill WalkerCourtney PojaAwale RageSteven E. Rau & Christine L. MeyersTerrie & Larry RoseFred SewellCarletta Sweet & Dale White *Scott TresterJoshua and Kara Bettin VerHage Monica & David Walsh *Hermann Weinlick *Wellington ManagementKristin M. WoodJeriLynn YoungPeggy & Cy Yusten

$250 – $499Cynthia Adair *Mike Addy & Nancy Johnson *Mark AppelbaumLeslie Baken & Michael Schock *Lucianna Baregi & Garrett GlaserRonald & Teresa BaregiKimberly BerryGreg BistramJerry BoardmanDeborah Brown *Paul & Julie Carr *Jim Christenson *Angela ChristyJack & Becky CochranNicholas ConnelCorporation for Supportive Housing, New YorkJeanne CorwinBob & Terry DayLori DeNertDJR Architecture, Inc. *DLR Group *Carol Downhour *Jane Eschweiler, in memory of Jeffrey G. SmithFirst Children’s Finance

Steve & Mimi Fisher Family Fund of the Minneapolis FoundationDavid & Cynthia Foster in honor of “Our Lincoln Ave neighbors”Allen Gooch & Mary RyerseDaniel L. & Courtney A. Grimsrud *Timothy L. GustinSusan HackettJohn HamiltonJim HannanHawn Family Fund of The Minneapolis FoundationGary HendlinChristine & David HobroughRandy HoverstenTracy & Peter Howard *Ken IsaacsonPhilip JohnsonRobert Kaiser *Tony Karels *Victor & Kathy Klimoski *John KoraliaGreg KoschinskaMary KosciolekScott LabatPaul Lohman *Diane LucasElizabeth MaetzoldMatt & Kym Majka in honor of East Village awardScott & Kate McBride *Genevieve McJiltonJeff & Lisa MeekRobert MerskyStan Mork *NADA Advertising *Bill & Betsy Nimmo *Dale & Karen PantonJerome F. PaquinRoxanne PeytonPremier Food Products Inc *Jessica PuckettArt Punyko *Dana ReddingtonWalter & Jodell RockensteinRyan Companies US, Inc. Matching Gift ProgramAmy SchuettBrockman Schumacher Jr. Rick SmithWinifred Smith & David LillehaugDonna StevermerThe Comcast FoundationBrian Tucker *Casey Van WinkleJohn & Patricia WallLatacha WatkinsRev. and Mrs. David WatkinsTashia Weisenburger

$100 – $249ABT PolyDrainAdvocates of Care LLCWendy AllenJeanne AllivatoBonnie & Brian AltonMarshall & Drucilla AndersonMary Merrill AndersonReN’ae AndersonAnonymousStuart Appelbaum & Jean King *Brad Arthur

2 0 0 9 D O N O R S

Aeon is grateful for the variety of funding sources, which help make our

developments and operations possible. The generosity of the following

contributors sustains our vision that every person has a home! Thank you!

11

Carol ArthurIan ArthurBonnie & Mike AshmoreAspen Waste Systems, Inc.David & Kathleen AxtellAndrew & Heather BabulaChuck Ballentine *Victor R. BargeBayport Properties Deb Bartels & Tim Bremicker *Jerry F. BarthoBaxter Family Foundation Ashley BeasleyCecile Bedor *Chris A. Behringer *Cathy Bennett *James BenshoofWilt Berger *Ellen BerrisLisa Billingham *Teresa BissBlue Cross Blue Shield of MN Foundation Employee Gift Matching ProgramBlumentals/Architecture Inc *Drew BoekeWalter and Vickie BomgrenJeremy Bork *Catherine Born *Robert Boucher, on behalf of Tim Demery Mark BriceBruce & Paulette Briese *Clevelen BrogdonMark BrunnerMary Bujold *Shanika BumphursDaidre Burgess *Bob Butterbrodt *Jeff CallinanJanis Callison *Gretchen Camp *Kathy & Spike CarlsenJackie Carlson *Rick CarterMarcia CartwrightJulie & Christopher CauseyCedarleaf, Cedarleaf, and Cedarleaf, Inc.Terri Cermak & Todd Rhoades *Cheryl T. & Kelly Chatman

Maria ChavezJackie Cherryhomes *Therese Chlebeck *Jeanine ChristensenMike ChristensonSue Cook *Eunice CotéCindy CoughlinJim Cordaro & Bruce Rubin *David & Sue CrockettHenry & Stephanie CrosbyGregg CummingsJustin CumminsJim & Barbara Curry Dean DaltonFreddie L. Davis-English *Barbara & Jay Deitch *Kori L. DeJongJim and Ginny DeLuca Lindsey DiedrichRobert J. DonnellyMonica DoonerJanet Dray *Debra DrollingerDavid L. DuclosLynette DumalagRobert DunbarJerry & Gayle Dustrud *Bruce & Lauren Dvorak *David & Tina EdstamPeter Eichten *Electronic Communication Systems, IncBob & Mari ElliottAngela EmmrichSaeed FahiaPaul Fehrenbach *Michael FelmleeRick FenskeGary Findell *Kathleen FluegelEdward Forbes *Michele FosterEvelyn FranklinEric GalatzJon & Christine GallowayStephen GangsteadErick Garcia Luna *Marcia GartonBill GenglerGary Gestach

Marsha GilleMike & Lynn GilliganStacy GlovkaLisa M. Godon *Susan GodonJanet GoossensGwen GrabowskiJerry Gray *William GreenAretha Green-RupertJohn Gridley & Jean DeatrickElizabeth Griesse *Eva Grooms *Michele GrovesBonnie Grzeskowiak in memory of Dr. Chuck WorkmanKatherine Hadley *Chip HalbachAlison & Mark HalleyPat & Bill HansenRobyn Hansen & John ClareyStuart Hanson *John HarensRobert V. Hassen *Bill & Kathy HaugHelen Hayes-Jirak *Nathan HeinzAnne HeitlingerRoger HelgesonThomas & Heather HenkeJohn & Diane HermanEric HesseBrett HildrethKathryn HillesheimMichael S. HillesheimJerod Hoffman *Shirley & David HoganGail HoggNancy Homans *Vicki Hooper *James HoppeJoe HoranMary HortonKatie HoskerBridget A. Hust & Steve Wenum *Tom Hysell & Susan Marie Swanson Brady InglemanLori L. Jacobwith *Dan Johnson *John A. Knutson and Co., PLLP

Gene Johnson & Linda PaulRuth & Paul JohnsonWalter JohnsonWendy & Rob JohnsonJackie JohnstonShane JoyceBarb JuelichRobert & Laura Kadwell *Kathy KamrowskiMary Keefe *Aaron KellerJean KennedyStacy KennedyChris & Sheila KennellyBarzan KhailanyLisa Kimball *David King & Terry TremainKaydee Kirk & Peter Spuit *Craig D. KlausingSuzanne & Jim Knutson *Scott Koester *Carolyn Krall *Gregory KramerBrad KruseJilliann KupferShirlynn LaChapelleDale LaFrenzBecky LandonMark LandrevilleJanine LangsjoenKent & Cheryl LarsonDavid Lee *Maiva LeeRich LehmanErin LoavenbruckBob Long *Darwin LookingbillChris Lorsung *Mary Lou LoudEric & Barbara Lunde *Julie LuxJulie Lyrek-ClineDavid Macdonald *Curt MackenzieJodi & Patrick MalmgrenMaintek Products, Inc.Kristine Martin *Sara MastersTom & Marie MattisonNick MattsonMac McCarneyRobert M. McClayLuke MelchertRonald Melchert *Tony Mendoza *Mark MeyerMaureen Michalski & Jeff NelsenEric MikkonenJim MileySonia Miller-Van OortLisa & Erik Moe *Diana MonaghanMoose Construction Co.Jonathan & Martha Morgan *Michael MoriartyEllen MortonMargaret Moss *Dave MullenPatricia Mullen *Dana MurdochKathleen Murphy & Deb ThorpDick Musser *

Paul NelsonNelson, Tietz & HoyeSam NewbergGretchen & Cole Nicholls *Eric NilssonWarren NordleyDave Nuckols & Karin Keitel Chad & Jennifer OlsonSherrill R. Oman *Tonja OrrSusan OwensLaurie PaalMark PangerMichael PappasRobert & Margaret ParadiseDaniel ParksJoanne & Charles ParsonsJeff Patterson *Mark PedersonKate C. PerryCurt PetersonPiper Jaffray Foundation Employee Gift Matching ProgramMarianne PodollDavid PokorneyKeisha PollardDavid PotterDean & Janet PrekkerKaren PribnowRon & Kim PricePrimeStaff *Thomas H. QuanbeckJames QuinnJean Radke *Denise RanftEric RappJack RarickDavid ReckerJames J. Reed *Ronald G. ReedBeth Reetz *Toni ReichowJennifer Reusse *Karen ReutterFernando ReyesRobert RichmanDeb RichterChuck Riesenberg *Brent RogersRobert RubensteinJerome RyanDave Sallman *Amy M. SalmelaEllen SampsonStephen SandoEd SarquisWilliam Allerd Sarvela Shivanthi SathanandanMark & Cathy SchmidtTom Schneider *Colleen Schwartz *Richard Schwartz *Ted SchwarzRichard ScottJohn & Deanna Seppanen *Ken ShainJanet ShockleyJeff Shopek *Mark SiegelBill & Ginger SimekMark & Elizabeth Simones *John & Jeanyne Slettom *

2 0 0 9 D O N O R Sc o n t i n u e d

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Cheryl SmithJim SoderbergDottie Speidel, in memory of Helen BergAlan StarksKarl Starr & Christopher HaugMike SteadmanMark StenbergLane Stiles & Marianne NoraKaren Stinson & Lee Larson *Lowell & Deb Stortz *Anne SuppleeMichael TaylorTCF Foundation Employee Gift Matching ProgramJulie Teran *Kevin TharpCharles ThissWill ThomasLarry & Margie Thompson *Mitch Thompson & Lisa GoddardAndra TorgersonTracy E. TracyDan TrebilDonna Tremmel *Alexander TselosJames Tucker *Bob & Kathi TunheimSara TurpinLawrence Valley *Kim VetterSusan VoigtVan VorhisDan & Annie WalshJean Ward *LeeAnne Watkins *William Weber *Jennifer WeglarzElizabeth Weitherspoon & Betty ThomasMary Welch *Herschel WellsAndrea WerleinPeter WestNick White *Karl Wied *David WieseGeri Lynn WilliamsRobin Ann WilliamsLisa WinklerWinthrop and Weinstine Ken WoodRebecca YanischJuli A. YockeyAnita & Jon Young, in honor of AngelaSteve YoungsBecky Yust *Abdul Yusuf

* denotes multi-year pledge

Every attempt has been made to correctly list the names of our many generous donors. Please accept our sincere apologies if we have made an error or ommission. You may contact Joanne at 612-341-3148 x207. Thank you.

In-Kind Supporters (gifts valued at $250+)Allegra Print & ImagingAmerican Institute of Architects – MinnesotaAmerican Society of Interior Designers – MN ChapterJacky BaasLucci Baregi & Garrett GlaserBell Home RealtyConnie BraunKent BriggsSteve BudasKathy CabbCenter for Energy and the EnvironmentCenter for Sustainable Building Research Collaborative Design GroupKelly DahlmanSachin DarjiKay DawsonSally DekeLuanne DenmanTina DobbelaereCarolyn DolataStephanie DosserDiane DugasErnst & YoungKristin Ficek & Steve TachenDebbie GeorgeGrace Lutheran Church, WELCAChelsey GreenBryan HallWendi HarmsenStephanie HeglandHighland BankMark KrinkeDean & Carol LaFrenzLamex Foods, Inc.Harold LanceSally LarsonLHB Architects & EngineersSue and Terry MartinsonDavid MaynardBob & Mary O’ConnorSmita RaoJohn & Lindsey RockerJeff SnegoskyDottie SpeidelSpringboard for the ArtsJane TerpstraLaurie TrudelUniversity of Minnesota Cold Climate Housing ResearchSarah WaltersKari WarnkeWeis BuildersElizabeth WeitherspoonJohn WigdahlJohn WilgersGreg WissingerWooddale ChurchLuke YangEric and Denise Young & Nancy SkordahlJulie Zimmerman

Board of Directors Executive Committee

Beth Widstrom-AndersonChairRetired CFO, Met Council

Rick FordVice-ChairCommunity Insurance Advisors

Victoria Murray ShipleySecretary – TreasurerU.S. Bank

Sachin Jay DarjiU.S. Bank

Carletta F. SweetEditor

Directors

Mike AddyRetired Banker

Eddie ChambersAeon ResidentThe Coyle

Pastor Kelly ChatmanRedeemer Lutheran Church

Kristin Fischer RoselHimle Horner, Inc.

Marie HarrisAeon ResidentPaige Hall

Nick NerlandMorgan Stanley Smith Barney

Mark NeumannAeon ResidentThe Heritage

Daisy NguyenRENT SODA

Awale RageWells Fargo

Paul RavichMeyer, Kirkman McGrath & Nauman

Mike RosenSchafer Richardson

Bruce RubinRubin Cordaro Design

Tom SchaeferConversations of Consequence LLC

Keith SimonsInspiring Excellence LLC

Abdul YusufMutual Management Company

Business Advisory Team Aeon’s Business Advisory Team includes business, corporate and community professionals who advise Aeon’s leadership in areas critical to the organization’s success.

Jose CervantesDirector, Municipal Building Commission, City of Minneapolis & Hennepin County

Justin CumminsAttorney, MIller-O’Brien-Cummins PLLP

Kimberly JacksonExecutive Director, CEO, Wells Fargo Housing Foundation

Mohamed JibrellDiversity Recruiter, Hennepin County

George LatimerDistinguished Visiting Professor, Macalester College

Tom LinebargerPresident and Chief Executive Officer, Cummins Inc.

R. Gregg LovellSenior Vice President, KleinBank

Peter McLaughlinCommissioner, Hennepin County

Steve MinnPrincipal, Lupe Development Partners LLC

Gretchen NichollsProgram Officer, Twin Cities LISC

Bill Nimmo Principal – Capital Markets,Pacific Santa Fe Corporation

Paul RavichAttorney, Ravich, Meyer, Kirkman, McGrath & Nauman

Mike RosenCommercial Real Estate Developer and Investment Counselor, Schafer Richardson

John SlettomConsultant

Emily Anne Tuttle Former Commissioner, Hennepin County

Building Dreams Team

Aeon’s Building Dreams Team plays a critical role in assisting Fund Development staff in implementing and promoting the organization’s Building Dreams program. This program is mission-driven and relationship-based, and works to ensure sustainable funding for Aeon’s mission.

Paul CarrArchitect, Mohagen Hansen Architectural Group

Anders ChristensenTiger Ox Painting Sally CuninghamCommunity Volunteer

Sally DekeRetired Teacher Dale ForsbergWatson-Forsberg

Fred HurstFederal Express

Rev. Katherine LewisCo-Rector, St. David’s Episcopal Church

Nick MattsonBrown & Brown Insurance

Vicki ShipleyVice President, Community Development and Central Region Manager, U.S. Bank

Carletta SweetEditor

Beth Widstrom-AndersonRetired CFO, Metropolitan Council

822 South 3rd St, Suite 300Minneapolis, MN 55415

phone 612 341 3148

fax 612 341 4208

www.aeonmn.org

ThemissionofAeonis

tocreateandsustainqualityaffordablehomes

thatstrengthenlivesand

communities.

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