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Nonprofit · EIN 22-6063977

APPRAISAL INSTITUTE

Also known as METRO NEW JERSEY CHAPTER

Tax-exempt · CHICAGO, IL 60606

Financials

$173K$196K2023$152K$166K2024
Revenue Expenses · by fiscal year end
Financials of APPRAISAL INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$151,762$165,993-$14,231$234,330$19,055$215,275
December 31, 2023990-EZ$173,276$195,740-$22,464$247,760$20,068$227,692
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,621
Membership dues
$42,336
Program service revenue
$89,527
Investment income
$11,278

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$103,687
Professional fees and payments to contractors
$942
Other expenses
$61,364

Balance sheet and other

Total assets, start of year
$247,760
Total assets, end of year
$234,330
Total liabilities, end of year
$19,055
Net assets, end of year
$215,275
Cash, savings and investments
$223,164
Gross receipts
$151,762

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.

NameTitleHours / weekCompensation
Joseph Wisniewski MAIpresident1$0
Katherine Tantinan MAIvice president0.5$0
Daniel Webb MAItreasurer0.5$0
Erin Taffera SRA AI-RRSsecretary0.25$0
Andew M Beltrandirector0.25$0
Tammy Bucior MAI AI-GRSdirector0.25$0
Paul M Colelladirector0.1$0
Thomas J Grouss MAIdirector0.1$0
Susanne Lyon-Josephsdirector0.25$0
Connor F Montferrat MAIdirector0.25$0
Karan P Shah MAI AI-GRSDirector0.25$0
Lorenzo Dallas Whitaker MAIDirector0.25$0
Jennifer Barany MAI SRAImmediate Past President0.25$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Jennifer Barany MAI SRApresident1$0
Joseph Wisniewski MAIvice president0.5$0
Katherine Tantinan MAItreasurer0.5$0
Daniel Webb MAIsecretary0.25$0
Tammy Buciordirector0.25$0
Thomas Grouss MAIdirector0.25$0
Daniel Lopez SRAdirector0.1$0
Susanne Lyon-Josephsdirector0.1$0
Connor Montferratdirector0.25$0
Erin Taffera SRA AI-RRSdirector0.25$0
Lorenzo Dallas Whitaker MAIDirector0.25$0
John Musnuff MAIpast president0.25$0

Address and contacts

Address (IRS master file)
200 W MADISON ST STE 1500, CHICAGO, IL 60606-3515
In care of
% JOHN MUSNUFF
Signed the 990-EZ
Elizabeth Kramer, Controller

Mission

To empower valuation professionals through community credentialing education body of knowledge and ethical standards.

990-EZ for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
22-6063977
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
Assets (IRS master file)
$234,330
Income (IRS master file)
$151,762

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$151,762$165,993$234,330IRS
990-EZDecember 2023$173,276$195,740$247,760XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 22-6063977).

Questions about APPRAISAL INSTITUTE

What is the EIN of APPRAISAL INSTITUTE?
The employer identification number (EIN) of APPRAISAL INSTITUTE is 22-6063977.
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 13 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 $151,762, expenses of $165,993 and total assets of $234,330 at year end.

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