Nonprofit · EIN 06-6068923
APPRAISAL INSTITUTE
Also known as CONNECTICUT CHAPTER
Tax-exempt · TORRINGTON, CT 06790
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $80,648 | $90,080 | -$9,432 | $84,412 | $9,306 | $75,106 |
| December 31, 2023 | 990-EZ | $107,684 | $102,369 | $5,315 | $101,405 | $16,126 | $85,279 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,757
- Membership dues
- $22,873
- Program service revenue
- $55,373
- Investment income
- $645
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $61,441
- Occupancy
- $2,400
- Other expenses
- $26,239
Balance sheet and other
- Total assets, start of year
- $101,405
- Total assets, end of year
- $84,412
- Total liabilities, end of year
- $9,306
- Net assets, end of year
- $75,106
- Cash, savings and investments
- $60,119
- Gross receipts
- $80,648
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marc Nadeau SRA | Immediate Past President | 1 | $0 |
| Eli A Pascon Jr SRA | President | 7 | $0 |
| John W Nitz MAI | Secretary | 3 | $0 |
| Jennifer O'Neill SRA | Vice President | 7 | $0 |
| Josephine C Aberle MAI | Director | 2 | $0 |
| Dennis A Chanski SRA | Director | 1 | $0 |
| Michelle Gamache MAI | Treasurer | 4 | $0 |
| Arnold Grant MAI AI-GRS | Director | 1 | $0 |
| Richard Seman Jr SRA | Director | 1 | $0 |
| David Ubaghs MAI | Director | 1 | $0 |
| Peter Vimini MAI | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marc Nadeau SRA | Immediate Past President | 0.25 | $0 |
| Eli A Pascon Jr SRA | President | 0.25 | $0 |
| John W Nitz MAI | Secretary | 0.25 | $0 |
| Jennifer O'Neill SRA | Vice President | 0.25 | $0 |
| Josephine C Aberle MAI | Director | 0.25 | $0 |
| Dennis A Chanski SRA | Director | 0.25 | $0 |
| Bryan Graham SRA | Director | 0.25 | $0 |
| Arnold Grant MAI AI-GRS | Director | 0.25 | $0 |
| Richard Seman Jr SRA | Director | 0.25 | $0 |
| David Ubaghs MAI | Director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 509, TORRINGTON, CT 06790-0509
- In care of
- % MARC NADEAU
- Signed the 990-EZ
- Elizabeth Kramer, Controller
- Website
- www.ai-ct.org
Mission
To empower valuation professionals through community credentialing education body of knowledge and ethical standards.
Program accomplishments
- Education - The Appraisal Institute provides a curriculum of courses and seminars for residential and commercial real estate appraisal.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-6068923
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 9464: APPRAISAL INSTITUTE
- Assets (IRS master file)
- $84,412
- Income (IRS master file)
- $80,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $80,648 | $90,080 | $84,412 | XML |
| 990-EZ | December 2023 | $107,684 | $102,369 | $101,405 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6068923).
Questions about APPRAISAL INSTITUTE
- What is the EIN of APPRAISAL INSTITUTE?
- The employer identification number (EIN) of APPRAISAL INSTITUTE is 06-6068923.
- Is APPRAISAL INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to APPRAISAL INSTITUTE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does APPRAISAL INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of APPRAISAL INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did APPRAISAL INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of APPRAISAL INSTITUTE?
- The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does APPRAISAL INSTITUTE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $80,648, expenses of $90,080 and total assets of $84,412 at year end.
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