Nonprofit · EIN 11-6038130
APPRAISAL INSTITUTE
Also known as METRO NEW YORK CHAPTER
Tax-exempt · NEW YORK, NY 10105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $328,847 | $332,881 | -$4,034 | $233,947 | $32,010 | $201,937 |
| December 31, 2023 | 990 | $312,026 | $335,653 | -$23,627 | $237,598 | $31,627 | $205,971 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,301
- Program service revenue
- $326,546
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $120,000
- Salaries, compensation and benefits (total)
- $137,897
- Professional fundraising fees
- $0
- Accounting fees
- $2,250
- Occupancy
- $29,326
- Travel
- $9,206
Balance sheet and other
- Total assets, start of year
- $237,598
- Total assets, end of year
- $233,947
- Total liabilities, end of year
- $32,010
- Net assets, end of year
- $201,937
- Net assets without donor restrictions
- $201,937
- Gross receipts
- $328,847
- Employees
- 1
- Volunteers
- 20
- Year formed
- 1991
- State of legal domicile
- NY
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patrick T Craig MAI | President Trustee or director, Officer | 8 | $0 |
| Helene B Jacobson MAI | Vice President Trustee or director, Officer | 3 | $0 |
| Adam L Wald MAI | Vice President Trustee or director, Officer | 2 | $0 |
| Bobby Porto MAI | Secretary Trustee or director, Officer | 1 | $0 |
| Rebecca Larrabee MAI | Treasurer Trustee or director, Officer | 3 | $0 |
| Mark Godfrey MAI | Past President Trustee or director, Officer | 1 | $0 |
| Amanda Aaron MAI | Director Trustee or director | 1 | $0 |
| Ginna Currie MAI | Director Trustee or director | 1 | $0 |
| Michael Garcia MAI | Director Trustee or director | 5 | $0 |
| Catherine Gu MAI | Director Trustee or director | 1 | $0 |
| Jonathan Jaeger MAI | Director Trustee or director | 5 | $0 |
| William McKenna MAI AI-GRS | Director Trustee or director | 5 | $0 |
| Betsy Mak MAI AI-RRS | Director Trustee or director | 1 | $0 |
| Brian McKeown MAI AI-GRS | Director Trustee or director | 3 | $0 |
| Robert Nardella MAI | Director Trustee or director | 2 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marc Nakleh MAI | Director Trustee or director | 2 | $0 |
| Keith Stillman MAI | Director Trustee or director | 5 | $0 |
| Megan Tursi MAI AI-GRS | Director Trustee or director | 1 | $0 |
| Mark Vollmer MAI | Director Trustee or director | 1 | $0 |
| Marilyn Weitzman | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Tener MAI | President Trustee or director, Officer | 10 | $0 |
| Mark Godfrey MAI | Vice President Trustee or director, Officer | 5 | $0 |
| Patrick Craig MAI | Vice President Trustee or director, Officer | 5 | $0 |
| Helene Jacobson MAI | Secretary Trustee or director, Officer | 5 | $0 |
| Adam Wald MAI | Treasurer Trustee or director, Officer | 5 | $0 |
| Liz Genovese MAI | Past President Trustee or director, Officer | 1 | $0 |
| Yamil Arocho MAI | Director Trustee or director | 1 | $0 |
| Ginna Currie MAI | Director Trustee or director | 1 | $0 |
| Robert Davies MAI | Director Trustee or director | 5 | $0 |
| Ross Hoffman MAI | Director Trustee or director | 1 | $0 |
| Carolyn Kakareka MAI | Director Trustee or director | 5 | $0 |
| Rebecca Larrabee MAI | Director Trustee or director | 5 | $0 |
| Betsy Mak MAI AI-RRS | Director Trustee or director | 1 | $0 |
| Marc Nakleh MAI | Director Trustee or director | 3 | $0 |
| Robert Nardella MAI | Director Trustee or director | 2 | $0 |
| Theresa Nygard MAI | Director Trustee or director | 2 | $0 |
| Megan Tursi MA | Director Trustee or director | 5 | $0 |
| Marilyn Weitzman | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK, NY 10105-0008
- In care of
- % THOMAS TENER
- Principal officer (990 for 2024)
- Thomas Tener, 200 W MADISON ST STE 2000, CHICAGO, IL 606063515
- Signed the 990
- Elizabeth Kramer, Controller
- Phone
- (312) 335-4100
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.0
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-6038130
- 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)
- $233,947
- Income (IRS master file)
- $328,847
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $328,847 | $332,881 | $233,947 | IRS |
| 990 | December 2023 | $312,026 | $335,653 | $237,598 | XML |
| 990 | December 2022 | $322,039 | $331,054 | $277,473 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 11-6038130).
Questions about APPRAISAL INSTITUTE
- What is the EIN of APPRAISAL INSTITUTE?
- The employer identification number (EIN) of APPRAISAL INSTITUTE is 11-6038130.
- 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 for the year ended December 2024.
- Who is the principal officer of APPRAISAL INSTITUTE?
- The 990 for the year ended December 31, 2024 names Thomas Tener.
- Who are the officers and directors of APPRAISAL INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
- How much revenue does APPRAISAL INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $328,847, expenses of $332,881 and total assets of $233,947 at year end.
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