Appraisal Institute
- Assets
- $109.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 06-6068923
Organization Overview
Appraisal Institute is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Appraisal Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Appraisal Institute generated $152.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $92.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION-THEAPPRAISALINSTITUTEPROVIDESACURRICULUMOFCOURSESANDSEMINARSFORRESIDENTIALANDCOMMERCIALREALESTATEAPPRAISAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Nadeau Sra President | 0.25 | $0 | |
Joshua S Koladis Mai Vice President | 0.25 | $0 | |
Michelle Gamache Mai Treasurer | 0.25 | $0 | |
Eli A Pascon Jr Sra Secretary | 0.25 | $0 | |
Casper Amodio Mai Director | 0.25 | $0 | |
Laurie Mentz Nichols Sra Ai-Rrs Past President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,489 |
| Total Program Service Revenue | $92,370 |
| Membership dues | $25,748 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,607 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,061 |
| Professional fees and other payments to independent contractors | $348 |
| Occupancy, rent, utilities, and maintenance | $2,896 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,929 |
| Total expenses | $92,234 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,434 |
| Other assets | $0 |
| Total assets | $109,753 |
| Total liabilities | $20,896 |
| Net assets or fund balances | $88,857 |
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