My HomeBuild Connect Forever

®

2008 Annual Report

Ripley Gardens

Build Connect Forever

Alan Arthur

President/CEO

Carletta F. Sweet

Chair

Board of Directors

Our homes are different, but the most common thread for each of

us: we need it. Home is elemental in our lives. Aeon’s partners –

funders, donors, service providers, volunteers and staff – are all

vital to our mission and have made it possible to provide homes for 3,000 individuals.

Build community assets

Aeon steps into boarded buildings and deteriorating historic structures to transform and re-

capitalize challenged areas. We also build new. In 2008, Aeon celebrated the opening of its first

suburban property: Clover Field Marketplace in Chaska.

Connect residents within community

As residents suffer in this challenging economy, our Resident Connections staff provides vital

connections to stabilizing resources, such as job training and after-school programs. Last year,

Aeon strategically stepped into property management to inject our long-term expectations,

standards and values into daily operations.

Forever changing lives

Without Aeon, 3,000 men, women and children would struggle without a decent, affordable

place to live.

Recently, a homeless man came into our office. John had heard that we could help him get

off of the street, and he asked about one of our properties for homeless individuals. When John

heard that the wait was at least nine months, he cried.

There are just not enough quality affordable homes in our community, and Aeon is more

relevant than ever before in our 23 year history. We are so grateful for your support to build

affordable homes and connect our residents to stabilizing resources.

Thank you.Clover Field Marketplace

Build Connect Forever Six years ago Christine and her

husband Anders were invited to a

breakfast to learn about Aeon. “We

discussed the importance of housing and developing

shelter and providing other services that truly

honor individuals in need. It was easy to connect

with a vision that offers respect at such a deeply

practical level.” They became founding members of

the Cornerstone Society, Aeon’s multi-year giving

program.

Between the two of them, they have eight

children. “Five are launched,” Christine laughed,

“a couple are in college and one’s in high school.”

Aware of their many blessings, she expressed the

desire to transfer the gift of gratitude to their

children. “You hope that what you’ve taught them

– to be grateful for everything – is received. And

frankly, Aeon helps us appreciate, even more, all

that we have.”

As annual contributors, Anders and Christine

have witnessed Aeon expand across the metro

area, offering a variety of housing options. Each

apartment home, in their minds, represents a life

once lived on the edge which is now stable and

interconnected with the larger community.

“The words ‘welcome’ and ‘home’ mean the same

thing. It’s where you are unconditionally accepted,

a place of warmth, food and love,” Christine said.

“Our little bungalow is a revolving door to family

and friends. It’s the place where we practice

Namaste – the Hindu expression, ‘the holy in me

recognizes the holy in you.’ And, we teach our

children to give like we do – to intentionally

support what they believe in. That’s why we support

Aeon.”

Christine & Anders

• Aeon transformed a dilapidated building with 400 code

violations into a community asset and healthy home for 18

formerly homeless adults with mental health challenges. Aeon

partners with Oak Grove to help residents at 1822 Park Avenue

Apartments gain self-sufficiency skills

• Recognized locally and nationally for its commitment to

historic preservation and sustainability, Aeon received several

awards, including: I. Donald Terner Prize for Innovation and

Leadership in Affordable Housing, a Minneapolis Heritage

Preservation Award and recognition from the Minnesota

Environmental Initiative

Outcomes

Christine & Anders ChristensenDonors, Cornerstone Society

1

2

Patrick RhodeResident, The Archdale

• Archdale Apartments – one of the first of

its kind in the country to offer apartments

for homeless youth when it opened in 1997

– received a substantial renovation in 2008

• Aeon and its service partner at St.

Barnabas – YouthLink – received an

honorable mention Maxwell Award of

Excellence in a national competition

recognizing leaders in the field of

supportive housing. St. Barnabas provides

homes for 39 formerly homeless youth

• Youth at St. Barnabas welcomed

Congressman Keith Ellison for a tour of

their home. The formerly homeless residents

urged the Representative to help change a

federal law restricting them from being full-

time students while living in Low Income

Housing Tax Credit properties.

Outcomes

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Patrick

“Home’s comfortable,”

said Patrick Rhode,

who makes his home

at The Archdale with 29 other youth who were once

homeless. “It’s where I start and finish my day…where

I relax and can think about my hopes and dreams.”

The comfort and independence that The Archdale

offers Patrick came at exactly the right moment.

After graduating from Roosevelt (a four-year

football star with a lettered jersey to prove it),

he was hired by ACE Institute of Learning – an

afterschool program in which he had participated as

a child – as an afterschool mentor.

“Kids are cool,” he smiled. “I helped them with

their homework and I listened, you know what I’m

sayin’? I helped them focus.”

Next, he apprenticed as a mason and earned his

labor license through the Job Corps. But his

bricklaying career was short-lived.

“I was broke and spent time in a shelter. But at

Archdale, staff accepted me where I was and helped

me move ahead with my plan,” which includes

college and a solid job. “I can get a fresh start

here,” he said. “Nothing’s easy, but it’s all good.”

Life at The Archdale includes living in community,

facing conflicts constructively and trusting the staff

– which helps every step of the way. In fact, it’s an

experience that he champions. “I tell all my homies

who don’t have a stable place to live to fill out the

application for Archdale,” he explained. “If you get

a spot here, you’re going to be somebody.” Which is

exactly what he has in mind...to be somebody.

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Tiffany

Tiffany RobertsonFormer Resident, Alliance Apartments Tiffany Robertson balances a sales lead

job with full-time studies as she pursues

a degree in criminal justice. She also

works her 12-step program and at 35, recently moved

from her first home – at Aeon’s Alliance Apartments –

into an apartment with her long-time boyfriend, Joe.

“My two years at Alliance have gone really well,”

she smiles. Then, joking about her big move, “Now I

have all of this stuff I had to pack and move!” But

life didn’t always feel so ordinary. In fact, for most of

it, Tiffany has held her breath, waiting anxiously for

whatever came next.

“I grew up in bars,” she explains. “Bars are places

full of people who are miles away from reality.”

Addicted to marijuana at 14, cocaine at 18 and

dealing meth by 28, life was a vortex of addiction

and turmoil. “I finally faced my demons,” she said. “I

looked them straight in the eye, did my time and got

the help I needed to get out of the mess.”

Part of what she needed was found at Alliance

Apartments, which offer a sober living environment.

“When I came to Alliance, I knew immediately that

staff was willing to work with me. All I had to do was

be honest. I had my own space, where I closed the

door and exhaled in the safety of my home.”

Independence drives the calm at her core. “I had

always felt like I’d been living in a tornado. Fear – of

that wind, of being alone – made me aggressive. But

today, I’m no longer afraid. I trust my Higher Power.

My inner strength keeps me safe. My home is the eye

of the storm. Here, where I can breathe, there’s peace,

no matter what’s going on outside.”

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• Aeon Management LLC, a property

management company, was created

to extend Aeon’s core values to daily

operations within each property and to

ensure that they function as assets to both

residents and the greater community

• Believing that stability is gained

by connecting residents to the larger

community, Aeon’s Resident Connections

program helped more than 900 residents

participate in various engagement activities

(e.g., neighborhood barbeques, voter

registrations and volunteer projects)

• Resident Connections helped 356

residents who were teetering on the edge

of instability to go through Aeon’s eviction

prevention program to maintain their home

Outcomes

John

As a senior project manager for Aeon,

John Rocker plays the position

of quarterback. “Our Housing

Development team rallies projects through the

paces, beginning-to-end,” he explained. “From

coordinating architects and assembling the ‘green

team,’ to overseeing contractors, managing budgets

and keeping an eye on scope, we help ensure that

our projects meet Aeon’s core goals.”

The Wellstone – the third of the four-phased

Franklin Portland Gateway development –

exemplifies Aeon’s commitment “to create and

sustain quality affordable homes that strengthen

lives and communities.” Once a blighted, vacant

urban intersection, the corners are in a rebirth,

fast becoming a vibrant anchor of affordable homes

and retail.

“And, it’s green!” John smiled broadly. “Aeon

and its partner Hope Community used the

Minnesota Green Communities criteria to meet

water conservation and healthy housing goals.”

The development team matched the criteria, and

where they could, went beyond the requirements,

establishing a 35% reduction in energy use

below code as they designed energy efficiencies

– including Aeon’s first ever solar water heating

system – into the building.

“For me, home is all about sanctuary. I go

home to relax and feel secure with the people

I love. The Wellstone – and the surrounding

revitalization of the entire neighborhood – ripples

security and vitality throughout the whole

community.”

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• The Wellstone – featuring 49 apartment

homes, 4,000 feet of commercial space and

3,000 feet for community programming –

welcomed its first residents in December

2008

• Clover Field Marketplace – Aeon’s first

suburban property – opened in Chaska,

providing 117 quality homes and commercial

space

• Aeon secured a majority of funding

for three developments anticipated to

break ground in 2009: Alliance Addition

(Minneapolis), Har Mar Apartments

(Roseville) and Renaissance Box (St. Paul).

All three will be developed with sustainable

measures thanks to a partnership with the

Center for Sustainable Building Research and

the Center for Energy & the Environment

Outcomes

John

John RockerAeon Senior Project Managerat The Wellstone Apartments

7

Outcomes

In recent years, Kristin Ficek’s childhood

volunteering opportunities gave way

to college and career. “That was until

last fall,” she said, “when I went online to Google

thanksgiving and serve. Aeon was the result.”

Working with Aeon’s volunteer coordinator,

Kristin learned about The Coyle, where she served

her first meal to formerly homeless residents.

“Nothing like starting big,” she laughed. “Five years

ago I couldn’t cook a frozen pizza. But, I relied on

Mom’s recipes and my friend, Andrea.”

The day before was spent preparing turkey,

stuffing and six pies. They arrived at The Coyle

early to decorate and prepare. “We served about 30

residents,” Kristin proudly stated. “But it was so

much more than food. At first I was nervous, but

the residents made me feel at home. They welcomed

me to eat with them. Some of the residents really

opened up about their lives and their stories. I

learned how quickly homelessness can happen to

someone.”

Now on the verge of preparing and serving her

third meal – at a different Aeon property each

time – she’s got the process down. And this time, a

neighborhood family plans to help, along with her

regulars, boyfriend Steve and friend Andrea.

“Home’s always meant familiar surroundings. A

comfortable place where I connect with family,

friends, and neighbors. Now, my neighborhood’s

expanded,” she explained. “More of the city feels

familiar because I made a meal, served it and ate

with the residents – right there in their home.”

Kristin

• More than 1,115 volunteers provided more than 7,464 hours

of service. More than 90 Aeon residents volunteered to help

strengthen the community in which they live

• The Twin Cities Community Development Hall of Fame

inducted Aeon’s President, Alan Arthur and East Village —

esteemed as one of the area’s first mixed-income, mixed-use

projects that established a new, higher standard of design for

projects throughout the Twin Cities — into its newly established

roster of honorees

Outcomes

Kristin FicekVolunteer

8

4,490,278

9,392,399

1,669,452

296,117

201,022

7,836,306

119,435,266

366,135

1,671,647

$145,358,624

Assets Cash and cash equivalents

Reserves and escrows

Contributions and other receivables

Due from affiliates

Prepaid expenses

Property held for redevelopment

Property and equipment

Interests in other entities

Tax credit and finance fees, net

Total Assets

9,328,664

18,309,842

2,442,706

$30,081,212

Change in net assets

Net assets, beginning of year

Capital contributions

Net Assets, End of Year

Financials

* Aeon has established various entities to own and operate the housing Aeon has developed. The consolidated financial statements include the accounts of Aeon and all related entities that Aeon controls. All material intercompany accounts and transactions have been eliminated in the consolidated statements. ** The General Fund reflects the operating results for all Aeon activities except the operations of its rental properties.

Summarized Statement of Financial Position as of December 31, 2008

Total Liabilities & Net Assets

$145,358,624

Statement of Activities and Changes in Net Assets for the Year Ended December 31, 2008

Revenues and Support Contributions

Net assets released upon expiration of restriction

Government grants

Developer fees

Property and partnership fees

Property management fees

Rental revenue

Interest and other revenue

Total Revenues and Support

1,753,432

-

1,130,336

1,089,669

-

84,080

10,548,424

1,131,806

$15,737,747

724,071

178,065

1,130,335

1,264,228

544,467

-

138,323

221,928

$4,201,418

902,050

(178,065)

-

-

-

-

-

$723,985

Consolidated* Unrestricted Restricted

Aeon General Fund**

Expenses Program services

Housing development Housing services Property Management Rental operations

Management and general

Fundraising

Total Expenses

1,269,902 1,013,359

399,195 15,149,540

434,595

376,152

$18,642,743

1,955,642 1,186,203

13,500 116,780

434,595

376,152

$4,082,872

- - - -

-

-

-

(2,904,996)

32,362,149

624,059

$30,081,212

118,546

2,190,756

-

$2,309,302

723,985

619,983

-

$1,343,968

1,366,755

721,711

511,232

304,338

101,349,704

11,023,671

$115,277,412

LiabilitiesAccounts and construction payable

Accrued payroll, property taxes and other

Security deposits

Prepaid rent and other liabilities

Notes payable

Interest payable

Total Liabilities

Net AssetsUnrestricted

Controlling interests

Non-controlling interests

Temporarily restricted

Total Net Assets

VolunteersIndividuals Jama AbdillahiKanu AbdulHodan AdanMike AddySaido AhmedZedwu AlagnaJason AlexanderAbdinasir AliFadumo AliSamsam AliSaido AliZamzam AliNura AliAida AndersonBruce ArnoldJen AspengrenCleo AustinAndrew J. BabulaChuck BallentineAndrew BartholomausMelisa BauneTara L. BeardRon BeasleyMatthew BeatonKyle BehrendsenJesslyn BenedictStewart BergerAllison BoisvertHarris BradfordPhilip B. BradleyKyle BrownLauren BrownRobert BrownAndrea BrownBrian BudnikPaul CairnsRon CannonAmy CarlsonPaul J. CarrDarlene J. CarrollRick CarterTerri CermakEddie ChambersJennifer ChapmanKelly ChatmanMaria ChavezAnders ChristensenChristine H. ChristensenAngela M. ChristyKara CoffinoScott ColumbThomas CooperHarold CooperJim CordaroRandy CoulthardBenny CounselJustin D. CumminsJohn Cuningham

Sally CuninghamChristian DahintenSachin Jay DarjiCarolyn DavenportBob DayTerry DayGraham DeCorseySally DekeJames L. DeLucaSid DeLucaLouis G. DeMarsGeorge C. DilliardJonathan DistadRosemary D. DolataMonica DoonerRobert DorianPaula DrainBerned DraushJan R. DufaultDave EinckJustin EkstedtSheldrick ElieMarwo ElmiMarielle Evers-MonsonSteve FaberRahma FarahMaryan FarahTabitha FellsKristen FicekDavid FieldsJohn E. FindleyDaniel J. FlicekRick FordDale ForsbergMichele FosterJan K. FrankmanRoger FriedellRyan GabelKathy GaertnerMuna GaradAbdullahi GesaadeDavid W. GibsonBette GleasonRegina GoudeauAngela GulliksonJeanine GundersonDavid P. E. HaalandSusan HackettAlison HalleyRolf HalvorsonRon HamlingAllen HansonRodney D. HardyBen HargreavesMarie HarrisBenjamin HartinFadumo HassanMohamed HassanElery HattenAndrew J. Hauer

Jeremy HaugPeter HeegaardHeidi HermanAlfonso HighsmithNell Ray HillsleySharlene HindmonElizabeth HinzKen HinzNadifa HirsiTimothy HodappKathy HolladayTonya HollenRamilo HolterGeorge HornikDarnell HoskinsRandy HoverstenNate HunsakerJamal HusseinBridget A. HustLola IsholaKimberly JacksonGregory JacobsYassin JamaFaduma JamaRobert JamesMohamed JibrellAli JibrilOmar JibrilRahma JillaniPhilip L. JohnsonBrian JohnsonEric JohnsonImani JoinerKathleen JonesPat KandakaiYen Kang WooGary KentAnab KhariyehJaclyn KhouryJill KilibardaMichael KillingsTina KimballCraig KlausingAaron M. KovanAdrian LarameeTim M. LarkinKent LarsonGeorge LatimerVan S. LawrenceJoseph W. LawverMark A. LeeJason LenzSteve LetnesKatherine LewisMiguel LindgrenTom LinebargerThomas LockhartBen LockhartRyan LodgaardR. Gregg LovellLorrie J. LouderBarbara MacielDaniel MackElizabeth MankeyLaurie MartineauSusan MartinsonKaren M. MattisonDavid Maynard

Peter McLaughlinJulie McNellisMelanie McNiffPeter K. MelanderDane MessallJames MilesSteve MinnBaseem MissaghiSharif MohamedAhmed MohamudIsmahr Mondal SierraJim MuellnerMarilyn MuellnerZak MusseJeff NelsonAllen NelsonSamuel NemonsNick NerlandMark J. NeumannGretchen S. NichollsAnne NickoloffBill T. NimmoBurco NoorLeyla NoorSirad NurZainab NurJohn O’GaraMolly O’KeefeJohnna O’NeillCory OrmanMohamed OsmanHawa OsmanFardusa OsmanSaida OsmanChristine PageKim PerryBrandon PetersonBrianna PetersonJoanne PfauJim PfauSpiwe L.A. PierceSue J. PivaKallie PlotRegina PoindexterCourtney PojaTom QuanbeckZach QuanbeckAwale RageRoger W. RainaPaul H. RavichSteve RichardsonTiffany RobertsonJessica RoemerBob RoepkeMike RosenGeorge RoundsleyBruce RubinTrish SackrisonFouzia SaidKhadra SaidDominique SandiferWilliam A. SarvelaJanet SaundersTom L. SchaeferNicole SchraderMike J. SellKevin E. SevcikValley Seward

Victoria Murray ShipleyLaurie ShulteKeith M. SimonsMerrie A. SjogrenJohn SlettomCheryl SmithBryant SmithJoshua Smith-HanenGillian SpenceJon SpoerriKeighly SpottDavid StahlJim SteinerNicole StohmayerFadumo SulubRachel SwanCarletta F. SweetArchie TannerSteve TauchenKatie ThoennesDevin ThomasBarry ThompsonMitchell D. ThompsonDerrick ThompsonSam TobermanGina ToftelyPeter TollefsonGilbert TownerEmily Anne TuttleScott UptonFadumo WarsameKimberly WashingtonMaurice WatsonPhilip L. WaughBrent WebbScott A. WeichtRyan WerbalowskyBeth Widstrom-AndersonJeremy WoelfelBrian WoolseyAma YatesDenise YoungEric YoungAbdul YusufIstahil YusufAmina YusufAhmed YusufZachary ZavalaJulie ZimmermanMick ZivkovicJeri ZuberChris Zuspann

Organizations 3M ESPEA.C.E.S. (Athletes Committed to Educating Students) Achayot Sorority, University of MinnesotaAlpha Epsilon Delta, University of MinnesotaAlumnus of the College of St. Benedict & Saint John’s UniversityAmericorps, City of LakesAmeriprise Financial

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Aeon is grateful to the more than 1,115 volunteers who provided 7,646 hours of volunteer service in 2008.

American Society of Interior Designers - Minnesota ChapterBlake SchoolCarleton CollegeCorePower YogaCountryside United Methodist ChurchCummins Power Generation-FridleyDeloitte & ToucheEli Lily & CompanyEpiscopal Church of the NativityErnst & YoungFaegre & Benson LLPFaith Community ChurchFarmHouse Fraternity, University of MinnesotaFirst United Methodist Church, Testament ChoirFrerichs Construction CompanyGreater Minneapolis Council of Churches, Urban Immersion Service RetreatsJunior League of MinneapolisLatreiaMerchant & GouldMinority Association of Pre-Medical Students, University of MinnesotaNorthMarq Capital,Inc.Phi Gamma Delta, University of MinnesotaProvidence Academy, National Honor Society SchematicSingle Volunteers of the Twin CitiesSt. Joseph’s Parish CommunityTarget, ElectronicsTarget, Property Development TrainingTarget, Partner ServicesTarget, Assets ProtectionTarget, Information TechnologyTarget, TMSCTarget, 6SigmaTarget, HousewaresTarget, Corporate Real EstateTarget Corp.Twin Cities Habitat for HumanityUniversity of Michigan Alumni ClubWooddale Church

Volunteers11

Donors, thank you!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.

Cornerstone Society

Dream Builders (min. $10,000/year for 5 years)

Alan & Carol Arthur §Caliber FoundationDiane & Paul Frerichs §Roger Raina & Marsha Gille §

Brick Layers(min. $5,000/year for 5 years)

Russell CowlesKevin Filter & Rosemary KesslerPaul & Jeanne Ravich Family Fund of The Minneapolis FoundationEmily Anne & Gedney Tuttle

Ground Breakers(min. $1,000/year for 5 years)

Michael AafedtDean AdolphBob & Nancy Anderson Family Fund of The Minneapolis FoundationJeanne Andre & Dennis SchapiroJoseph Anthony & Megan MourningWilliam Albert Baker IIIDave & Mary Jo BangasserBarry BergMark & Kristi BergPeter Berrie §John & Lorraine BesserminSterling BlackVicky BoddieJoan Campbell §Joanne C. Carlson §Jon & Jean CarlsonDarlene J. & Richard P. CarrollAnders & Christine Christensen §Angela Christy §Gina & Ted CiganikWally CisewskiChristopher Cleveland & Patricia Bloodgood

Paul and JoAnn CochranCollaborative Design GroupSally & John Cuningham §Ted & Carol CushmoreJohn & Virginia DavisRosemary S. DavisSally DekeRich Dennis & Denise ZaskeJohn DietrichStacy & Ron EricksonFrancis FallonDan & Kathy FlicekRick FordDale & Sara Forsberg §Dan & Ann GiffordMarsha Gille & Roger Raina §Ward & Cathleen GodsallGrand T Builders, Inc. Rodney HardyAnne & Peter Heegaard Family Fund of The Minneapolis FoundationNell Ray HillsleyKathy HolladayCaroline Horton §Thomas E. HortyJohn M. JamesJLG ArchitectsKathleen JonesJim & Marti JustusJames KingTom & Judy KochJoanne Kosciolek & Randy Hoversten §Carol & Robert LaFrenzVan S. LawrenceJoseph & Sylvia LawverRev. Katherine Lewis & Rev. Bill BulsonReed LewisPeg & Dick LidstadTom LinebargerLorrie J. LouderMahoney Ulbrich Christiansen & RussSue & Terry Martinson

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 and is interconnected within community.

$5,000 + Charles M. Denny

$1,000-$4, Ameriprise Financial, Employee Gift Matching ProgramCID, Inc.Dennis & Karen FensterFriedell Architects & BuildersJohn HelgesonTineka KurthSam & Sylvia KaplanLupe Development Partners LLCThe Carl & Eloise Pohlad Family FoundationRobert StormPaul Sween, DominiumJeff StutzmanChris Zuspann*

$500-$ AnonymousBohmann/Riehle Family Fund of The Minneapolis FoundationBraxton Hancock & SonsLoren Brueggemann & Michelle Olson*J. Peter Brull Fund of The Minneapolis FoundationMary C. Bujold*Maddy Butler*Paul Cairns*CitiGroup Foundation, Matching Gifts/ Volunteer Incentive ProgramGary Critelli*Bob & Terry DayDonna DiMenna*Gary & Linda DoonerMark DoonerMichele FosterEllen Herman*Gary JohnsonBill JoyceRobert KauferKaty & Mark Lindblad*R. Gregg Lovell*Diane LucasMatthew & Heidi MazzucchiMeshbesher & SpenceMiles & Associates

Carol Moller*Alice King Moormann*National Windows Association Inc.*NADA Advertising*Nicholas & Tamra NerlandBo NickoloffBill & Betsy Nimmo*Jay NovakCarolyn Olson*Andrew E. PleskoAntoinette ReichowCharles & Susan ReinhartAnn Rucker*Barb RyanDan & Nancy Schmid*Thomas SextonSiegfried Dunlay*Lawrence StephensonDonna StevermerCarletta Sweet & Dale White*TCF Foundation Employee Gift Matching ProgramHermann Weinlick*Troy & Jennifer WenckRebecca YanischJeriLynn YoungLaurel Zimmerman & Steve Link

$250-$4 Mike Addy & Nancy Johnson*Mike & Bonnie AshmoreKimberly BerryBlumentals Architecture*Philip Bradley & Jan Frankman*Rev. Deborah Brown*Paul & Julie Carr*Rick Carter*Jim Christenson*Edward & Mary Beth CrandallDJR Architecture*The Javelin GroupThe Steve & Mimi Fisher Family Fund of The Minneapolis FoundationGerry Flannery*David & Cynthia Miller Ned Foster & Laura Tiffany*Foster Klima & Company

GE Foundation Gift Matching ProgramPatricia GnetzClaire GraupmannDaniel L. & Courtney A. Grimsrud*John HamiltonJohn M. HarensJoAnna & Tom Hicks*Rex & Arlene Holzemer*Randy L. HoverstenCheryl D. IndeharJenny Ekstedt Johnson & Matt JohnsonDLR Group*Philip L. JohnsonTony Karels, RHR*Bill Katter*Victor & Kathy Klimoski*Mary KosciolekKramer/Saxl Group, LLCJack & Jane Kryst*Scott LabatKent & Cheryl LarsonLiesch Associates, Inc.Paul Lohman*Betty MaetzoldAndrew MahoneyMatt & Kym MajkaTom & Becky MattisonScott & Kate McBrideGen McJilton & Bryan HassenJennifer Mein*Lynnell MickelsenWalter & Joan MondaleStan Mork*Patricia A. Mullen*Mike O’Brien*Tom OlsonMark OrfieldOppenheimer Wolff & DonnellyJeff Petersen AgencyKaren PielowPremier Food Products Inc.*Walter & Jodell RockensteinRyan Companies US, Inc.Brad SchaferLeslie Baken & Michael Schock*Brian SeyllerPaul Sigurdson*Jon Spoerri*Steen EngineeringRobert Striker & Patrice Tetta Family Fund of The Minneapolis Foundation

Shaun Christians McElhatton & Catherine Christians SpaethMichael MeyerJim & Marilyn MuellnerMulcahy Family Fund of The Saint Paul FoundationKim NelsonBruce & Ann NerlandDavid & Kathleen NewmanAnne Nickoloff §Jay NordNorth American Banking Company §Jim & Joanne PfauSpiwe L.A. PierceJohn & Gayle PrestPrivate Bank Minnesota §Property Solutions & ServicesLouAnne RegerJohn & Catherine RiesMike & Toni Rosen Family Fund of The Minneapolis FoundationBill SandsTom & Lynn SchaeferPatty L. SchneiderDoug SeatonJohn & Christina SheranVictoria Murray ShipleyDoug SimekApril Spas & Kris BurhardtCharles Stinson & Carol EastlundJoseph & Pamela StraussHarold Teasdale & Tom CooperFrances W. TobianTroy Foundation of The Saint Paul FoundationTurnstone Group LLCDave E. VanneyPete & Mary Sue VorbrichBrent WebbScott WeichtBeth Widstrom-Anderson & Roger AndersonGwen M. WildermuthBrad WilliamsJohn M. WilliamsBrian WoolseyJames Wresche & Lynn HunterJulie Zimmerman

§ Founding Member

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Rachel Swan & Karen MattisonChristine M. SzittaMilagros Santiago & Steve ThomasWill Thomas & Cynthia LaunerJohn & Amy TillotsonKathryn Wallace*Ann & Dale WarnerZurich American Insurance Company

$100-$24 Anonymous (2)Andriana Abariotes*Elizabeth AbrahamKatie AhlstromDavid AlbersmanDavid Allgeyer & Melinda LookAmeriprise Financial, Employee Gift Matching ProgramJan & Larry AndersonCarol ArthurNikki AschnewitzJen Aspengren & Jeff ShottsJon AtkinsonJanet Balej*Chuck Ballentine*Terri BanaszewskiJerry BarthoTimothy BaylorRichard & Nancy Beach*Ramona BeardTara Beard*Cecile Bedor*Chris A. Behringer*Mike BenedictJim & Marsha BenshoofSheldon Berg*Wilt Berger*Lisa Billingham*Clinton T. BlaiserFaye Bland*Catherine Born*Robert BoysenTodd A. Notebottom & Nancy E. Brasel*Bruce & Paulette Briese*Mark BrunnerRev. Bill Bulson*Marcia Bystrom*Janis Callison*Gretchen Camp*Jackie Carlson*Erin CarnishJean Carrier*Marcia CartwrightJulie CauseyTerri Cermak & Todd Rhoades*Jose Cervantes*Rachelle Dockman Chase in honor of Darlene Carroll

Rev. Kelly ChatmanJackie Cherryhomes*Therese Chlebeck*David Christianson & Connie Kozlak*Jeanine & Boyd ChristensenCommunity Health Charities - MinnesotaThomas & Jane ConlinMichael CooperBurt H. CorwinJustin CumminsJim & Barbara CurryFreddie L. Davis- English*Dolores DeForeJim & Ginny DeLucaLori DeNertJanine DeSplinterGlenna DibrellNancy DiPasqualeDavid DistadJoe DolarMonica Dooner & Miguel LindgrenJaney Dray*Jan Dufault*Duffy Development CompanyGayle & Jerry DustrudBruce & Lauren Dvorak*Colleen DwyerEdina Realty Home ServicesPeter Eichten*Dave EinckDarryl P. EkstromKate & Bret EliasonSusan Erickson*Nathan EspeMary B. EvansSteven FaberJoyce FellerJeanne Fontaine in honor of John & Sally CuninghamMargene FoxEvelyn FranklinNathan FranzenA. Gamson*Stephen GangsteadLisa GermannDee GladishLisa Godon*Allen Gooch & Mary Dow RyerseBrian GoreckiTom Gottfried*Jerry Gray*Elizabeth Griesse*Mark & Tricia GrimesEva Grooms*Timothy L. GustinDavid Haaland*Cynthia HableSue HackettKatherine Hadley*

David HagenChip HalbachAlison & Mark HalleyGary & Paula HansonSheila Hanson*Stuart Hanson*Robert V. Hassen*Bill HaugHelen Hayes Jirak*Kathy HealyAnne HeitlingerLisa HellervikMatthew & Shelly HendricksThomas B. HenkeJohn & Diane HermanChris & Jessica HerzigElizabeth HinikerChristine HobroughTim Hodapp & Gerard SullivanJerod Hoffman*David & Shirley HoganNancy Homans*Vicki Hooper*MIC ServicesJoe Horan*Bill HornGeorge HornikMary K. HortonJudith & Thomas Hoskens*Dick & Chris HowardBridget A. Hust & Steve Wenum*Ivy PropertiesRoger JacobsPaul JacobsonLori L. JacobwithDan Johnson*Harriet W. JohnsonJeremy L. JohnsonLarry A. Johnson*Thomas JohnsonRobert & Laura Kadwell*Bonnie KalenTim Karlen*Frank KarnauskasJack Katzmark*Joe KellyJean KennedyBetsy Kiernat ZakrajsheckLisa Kimball*David L. KingPaul & Judy KingKaydee Kirk & Peter Spuit*Craig KlausingPeter Knaeble, Terra EngineeringJames Knutson*Tammy M. KoopJohn KoraliaIrene C. KoskiBob Kost*Carolyn Krall*Gregory KramerJilliann KupferJeff & Maxine LaFavreBecky Landon

Janine LangsjoenCarol LansingRick Carter*Rebecca Jorgenson LarsenDavid Lee*Krisann Kleibacker Lee and Joe LeeJohn & Jennifer Lee*Tim Loken*Bob Long*Warren & Mary Lou LoudMark & Kimberly Lueck*Seth MagnusonRich MalloyJodi Malmgren*Margery H. MartinAaron NortonCharles N. Marvin, Jr., M.D.Smitha Mathew & Aditya ThadaniNick MattsonMattson Macdonald YoungJeff MeekAndrew Meelberg*Jason J. MehmenMendoza Law Office, LLC*Paula MerriganBob MerskyLisa Moe*Amanda MoellerJonathan & Martha Morgan*Margaret Moss*Craig MulcahyTerrance & Ellen MullerTimothy S. Murphy*Anna MurrayJerry MurrayDick Musser*John NakasoneMaureen Michalski & Jeff NelsenSam NewbergGretchen & Cole NichollsJanet Novak*Dick NowlinKaren ObegiChristopher Ohlsen*David & Janet OlfeChad & Jennifer OlsonStephanie OlsonDuane C. OstlundNancy Paquin*Mark PedersonMargaret Penn*Ann Perry*Kate C. PerryCurt PetersonGary P. Peterson & James Davies*Guy & Rosemary PetersonNeil PetersonRussell Peterson & Beth BartzRoxanne Peyton

Amy Pfarr Walker & Bill WalkerJustin & Jessie PickarPierce, Pini & AssociatesSue PivaCourtney PojaSally PooleLori PoundsDean & Janet PrekkerRyan PrestonLarry A. PrindsTammy L. PustKelly PutneyJean Radke*Awale RageDenise L. RanftDave RasmussenDawn ReddingtonJames J. Reed*Mike & Beth ReedBeth Reetz*Chuck Riesenberg*Sam RiesgrafJohn Risken*Sharon Bratlien RizzoLisa M. RodenCharlene RoiseBob RubensteinBruce Rubin & Jim Cordaro*Robert Russek*Jim Rutzick*Sally & Tom Sales*David Sallman*Jane SamargiaBill SarvelaSchematicCary SchillingFloyd & Charlie SchmidThomas Schneider*Jeffrey & Ardella Schoeneck*Colleen Schwartz*Richard A. Schwartz*Ted SchwarzRichard ScottLeslie H. SeabergMichael SemschJohn & Deanne Seppanen*Lee SeppingsKevin SevcikMarty Shimko*Jeff Shopek*LuAnne SilviaMark & Elizabeth Simones*Keith SimonsAaron & Merrie SjogrenAngie & Carl SkildumJohn & Jeanyne Slettom*Marilyn SmallEarl Doc SmithDottie Speidel*David StahlAlan StarksJim Steiner*Cory C. Stilp*

Lee Larson & Karen StinsonWendy StorlieLowell & Deb Stortz*Desiree & Phil SwanKevin TharpThe Episcopal Diocese of MinnesotaJoy ThompsonLarry & Margie Thompson*Mitch Thompson & Lisa GoddardDeborah Thorp & Kathleen MurphyMichael & Jessica TobinDan, Nicole, Alexandra, & Paige TrebilDonna Zimmerman TremmelClint & Gina TrousilPatrick TrudgeonJames Tucker*Dan TysonJames Vander Linden*Benjamin & Friendly Vang-JohnsonBill Vann & Susan ParryJoshua & Kara VerHageCraig VeurinkDonna Waldvogel*Pamela J. WandzelJean Ward*James & Connie Warner*Rev. LeeAnne Watkins*Christopher WegscheidTashia WeisenburgerMary Welch*Mary Wheeler-BakerDawne Brown White*Robert Wichmann*Karl Wied*David WieseRobin Ann WilliamsSara WilliamsEllison YahnerJack YargerBecky Love Yust*Abdul YusufRobert Zeglovitch*George ZellerCarole Zellie*The Zurich US Foundation

Event Sponsors Braun IntertecCollaborative Design GroupCuningham Group Architecture, P.A.Frerichs Construction CompanyLHB ArchitectsMiles and AssociatesMMA Realty Capital, LLCNational Equity Fund, Inc. (NEF)Watson-Forsberg CoWeis Builders, Inc.

13

Corporations, Foundations & Other FundersAmeriprise FoundationHugh J. Andersen FoundationAthwin FoundationCenterPoint EnergyCity of ChaskaCity of MinneapolisCity of RosevilleCity of St. PaulCummins Power GenerationEcolab FoundationEdina Realty FoundationFamily Housing FundF.R. Bigelow FoundationFaegre & Benson FoundationFederal Home Loan Bank of Des MoinesFredrikson & Byron FoundationFrey Family Foundation

Greater Minneapolis Housing CorporationGreater Twin Cities United WayGroundwork MinneapolisHennepin County The Home Depot FoundationMarquette Financial CompaniesMcKnight FoundationMelville Charitable Trust & the Partnership to End Long Term HomelessnessMesserli & Kramer FoundationMetropolitan CouncilMinnesota Green CommunitiesMinneapolis Lions FoundationMinnesota Housing, State of MinnesotaMinnesota Masonic

CharitiesMoneyGram Global Giving ProgramNational Housing TrustNorthMarq Capital, Inc.Otto Bremer FoundationPeregrine Capital ManagementPremier Banks, Maplewood Ramsey CountyRBC Foundation - USARidgeview Medical Center The Saint Paul FoundationSt. Paul Housing & Redevelopment AuthoritySexton FoundationThe Soener FoundationTarget FoundationTarget.comThrivent Financial for Lutherans FoundationTravelers Foundation

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

Justin Cummins Miller-O’Brien

Kimberly Jackson Wells Fargo Housing Foundation

Mohamed Jibrell Hennepin County

George Latimer Former Mayor City of St. Paul

Tom Linebarger Cummins Inc.

R. Gregg Lovell KleinBank

Peter McLaughlin Hennepin County

Steve Minn Lupe Development Partners LLC

Gretchen Nicholls Center for Neighborhoods

Executive Committee

Carletta F. Sweet Chair

Rev. Katherine Lewis Vice Chair

Beth Widstrom-Anderson Secretary/Treasurer

Justin Cummins Miller-O’Brien

Rick Ford Community Insurance Advisors

Victoria Murray Shipley U.S. Bank

Directors

Mike Addy Earnings Performance Group, Inc.

Eddie Chambers Aeon Resident

Pastor Kelly Chatman Redeemer Lutheran Church

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. Please contact Joanne Kosicolek at 612.341.3148, ext. 207 or jkosciolek@aeonmn.org to inform us of any errors. Thank you.

Twin Cities Local Initiative Support CorporationTurner Family FoundationUS Bancorp FoundationU.S. Department of Housing & Urban Development Walter C. Rasmussen - Northeast Bank FoundationWells Fargo Housing FoundationWestern BankXcel Energy – Energy Design Assistance

Bill Nimmo Pacific Santa Fe Corporation

Paul Ravich Meyer, Kirkman, McGrath & Nauman

Mike Rosen Schafer Richardson

John Slettom Fund Development and Program Consultant

Emily Anne Tuttle Former Commissioner Hennepin County

Leadership Team

Alan Arthur President/CEO

Gina Ciganik Vice President, Housing Development

Caroline Horton Chief Financial Officer

Joanne Kosciolek Vice President, Fund Development & Communications

Tom Nordyke Chief Operating Officer

Asset Management & Resident Connections

Vanessa Freeman Lisa Holliday Janine Langsjoen Roxanne Peyton Ali Shireh

Finance & Administration

Lucianna Baregi Kimberly Berry Debra Drollinger

Angie Emmrich Mavia Lee Amy Schmid

Fund Development & Communications

Suzanne Gardella Jenny Johnson Colleen O’Connor Amy Pfarr Walker Tashia Weisenburger

Housing Development

Pam Bookhout Rosemary Dolata Anne Heitlinger John Rocker Dan Walsh

Property Management

Sue Hackett Jim Hannan Steve Plotz Karen Taylor Cheryl Smith

In-Kind Supporters 3M ESPEAmerican Society of Interior Designers – Minnesota ChapterBailey’s Nursery Melisa BauneCarol & Andy BergerBest Buy, Corporate Campus Blake School Braun IntertecAndrea BrownKristen FicekFinnegan’s Community FundLaurie FishbeinMiriam GoldfeinGriffin CompaniesHennepin Technical CollegeTim Hodapp & Gerard SullivanGeorge HornikNatalie Hicks & Nikki Kluver

Beth LattoBarbara LukermannJobDigMerchant & GouldMinnesota State Horticultural Society Minnesota Twins - Dennis & Claudi ReyesDenise Ranft Lee & Judy SnitzerKeighly SpottMorgan StanleySuper Target, Chaska Target, Electronics Target, MinneapolisSteve Tauchen Wendalyn TehleBeth Widstrom-AndersonDenise & Eric YoungWalking With Christ, Walnut GroveValspar

* Denotes multi-year pledge

Board of Directors Board of Advisors Staff

Sachin Jay Darji Hinshaw & Culbertson Law Firm

David Fields Aeon Resident Elliot Park Neighborhood Inc.

Nick Nerland Smith Barney

Mark Neumann Aeon Resident

Awale Rage Wells Fargo Bank

Paul Ravich Ravich, Meyer Law Firm

Mike Rosen Schafer Richardson

Bruce Rubin Rubin Cordaro Design

Keith Simons Inspiring Excellence LLC

Abdul Yusuf Mutual Management Company

®

1625 Park Avenue

Minneapolis, MN 55404

T: 612.341.3148

F: 612.341.4208

aeon@aeonmn.org

www.aeonmn.org

Aeon would like to thank the following for their contributions:

Photography: Adam Konczewski, Mischa Suemnig

Design: George Jerzy Hornik

Printing: Keith Beal, ProPrint

Copywriting: Timothy Hodapp, Hodapp Communications

100% from well-managed forests Printed with soy ink on paper with 50% recycled fibers and 30% post-consumer waste

www.aeonmn.org

Check out our “My Home“”music video!“My Home” debuted at Aeon’s 2009

Beyond Bricks & Mortar breakfast.

The song - written and produced by

Mighty Fairly for Aeon - is a demon-

stration of what “home” means to

many of us in our community.

Visit www.aeonmn.org to watch the “My Home” video.

East Village