National Association Of Appraisers
- Assets
- $200.1k
- Revenue
- $444.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 05/2011
- Data as of
- 08/2022
- EIN
- 27-2991843
Organization Overview
National Association Of Appraisers is located in San Antonio, TX. The organization was established in 2011. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Appraisers 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 08/2022, National Association Of Appraisers generated $444.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $295.7k during the year ending 08/2022. While expenses have increased by 30.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION IS ORGANIZED TO ADVANCE THE ART AND SCIENCE OF REAL ESTATE APPRAISAL BY PROVIDING EDUCATION IN THIS AND OTHER RELATED FIELDS AND TO SERVE AS AN INFORMATION SOURCE FOR ITS MEMBERS, FOR THOSE WHO USE THEIR SERVICES AND REGULATORY AGENCIES. IT WILL PROVIDE AN ACTIVE DATABASE OF MEMBERS TO ASSIST LENDERS IN FINDING QUALIFIED APPRAISER; PUBLISH NEWSLETTERS TO KEEP MEMBERS AND OTHER INTERESTED PARTIES INFORMED OF CHANGES AND OTHER EVENTS IN THE INDUSTRY; AND PROVIDE AND/OR SUPPORT EDUCATIONAL OFFERINGS AND MEETINGS FOR INFORMATION AND EDUCATIONAL PURPOSES AND TO SUPPORT OTHER ACTIVITIES AS ARE CUSTOMARY FOR A PROFESSIONAL ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL ASSOCIATION OF APPRAISERS WILL PROVIDE INFORMATION AND EDUCATION IN SUPPORT OF APPRAISERS AND THE APPRAISAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Reynolds President | OfficerTrustee | 1 | $0 |
Gregory Stephens Secretary | OfficerTrustee | 1 | $0 |
Josh Walitt Vice Preside | OfficerTrustee | 1 | $0 |
Catherine Putegnat Treasurer | OfficerTrustee | 1 | $0 |
Michael Brunson Chairman | OfficerTrustee | 1 | $0 |
Jason Covington Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $91,244 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,244 |
| Total Program Service Revenue | $353,164 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $444,408 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $24,905 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,307 |
| Information technology | $375 |
| Royalties | $0 |
| Occupancy | $6,532 |
| Travel | $64,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,629 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,522 |
| Total functional expenses | $295,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,131 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $200,131 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,148 |
| Total liabilities | $10,148 |
| Net assets without donor restrictions | $189,983 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $200,131 |
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