Appraisal Institute
- Assets
- $64.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Hill, MD
- Founding
- 09/1992
- EIN
- 52-1730934
Organization Overview
Appraisal Institute is located in Forest Hill, MD. The organization was established in 1992. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building 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 undefined, Appraisal Institute generated $44.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $54.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 5 years. 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
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ADVANCE ITS MEMBERS AS THE CHOICE FOR REAL ESTATE SOLUTIONS AND UPHOLD PROFESSIONAL CREDENTIALS, STANDARDS OF PROFESSIONAL PRACTICE AND ETHICS CONSISTENT WITH THE PUBLIC GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL AND COMMERCIAL REAL ESTATE APPRAISAL EDUCATION, RESEARCH, PUBLISHING AND PROFESSIONAL MEMBERSHIP DESIGNATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Caminis President | OfficerTrustee | 1 | $0 |
Gary Anglemeyer Vice President | OfficerTrustee | 1 | $0 |
Harry J Begg Treasurer | OfficerTrustee | 1 | $0 |
Stacy Harman Secretary | OfficerTrustee | 1 | $0 |
Michael Chicorelli Past President | OfficerTrustee | 1 | $0 |
Barbara Cantell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,605 |
| Membership dues | $18,403 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,080 |
| Statement of Expenses | |
|---|---|
| Total expenses | $54,045 |
| Balance Sheet | |
|---|---|
| Total assets | $64,809 |
| Total liabilities | $6,754 |
| Net assets or fund balances | $58,055 |