Nonprofit · EIN 35-1850315
APPRAISAL INSTITUTE
Also known as HOOSIER STATE CHAPTER
Tax-exempt · INDIANAPOLIS, IN 46260
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $123,943 | $123,424 | $519 | $185,191 | $13,734 | $171,457 |
| December 31, 2023 | 990-EZ | $103,158 | $99,862 | $3,296 | $185,931 | $16,710 | $169,221 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,391
- Membership dues
- $33,273
- Program service revenue
- $75,349
- Investment income
- $5,930
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $25,480
- Professional fees and payments to contractors
- $1,984
- Occupancy
- $2,521
- Other expenses
- $93,439
Balance sheet and other
- Total assets, start of year
- $185,931
- Total assets, end of year
- $185,191
- Total liabilities, end of year
- $13,734
- Net assets, end of year
- $171,457
- Cash, savings and investments
- $173,805
- Gross receipts
- $123,943
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 |
|---|---|---|---|
| Steve Shockley MAI SRA AI-GRS A | Immediate Past President | 1 | $0 |
| Aaron Ingram MAI SRA | President | 10 | $0 |
| Daniel Tudor MAI | Vice President | 4 | $0 |
| Lisa Meinczinger SRA AI-RRS | Secretary Treasurer | 4 | $0 |
| Tiamia Reese SRA AI-RRS | Director | 0.5 | $0 |
| Matt Stephenson MAI | Director | 0.5 | $0 |
| Aaron Wood MAI | Director | 0.5 | $0 |
| Ashley Johnson MAI SRA | Director | 0.5 | $0 |
| Jason Tillema SRA AI-RRS | Director | 0.5 | $0 |
| William Penwell SRA | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Luke Nordine MAI | Immediate Past President | 1 | $0 |
| Steve Shockley MAISRAAI-GRSAI-R | President | 3 | $0 |
| Aaron Ingram MAI SRA | Vice President | 1 | $0 |
| Tiamia Reese SRA AI-RRS | Director | 0.25 | $0 |
| Matt Stephenson MAI | Director | 0.25 | $0 |
| Craig Hays MAI | Director | 0.25 | $0 |
| Bryan Wallace SRA | Director | 0.25 | $0 |
| Ashley Johnson MAI SRA | Directo | 0.25 | $0 |
| Robert Porterfield | Branch Chapter Chair | 0.25 | $0 |
| Sam Reid SRA | Branch Chapter Chair | 0.25 | $0 |
| Gwen Sims | Branch Chapter Chair | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 9247 NORTH MERIDIAN STREET SUITE 10, INDIANAPOLIS, IN 46260-1879
- In care of
- % LUKE NORDINE
- Signed the 990-EZ
- Elizabeth Kramer, Controller
- Website
- www.aihsc.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
- 35-1850315
- 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)
- $185,191
- Income (IRS master file)
- $123,943
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $123,943 | $123,424 | $185,191 | IRS |
| 990-EZ | December 2023 | $103,158 | $99,862 | $185,931 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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 35-1850315).
Questions about APPRAISAL INSTITUTE
- What is the EIN of APPRAISAL INSTITUTE?
- The employer identification number (EIN) of APPRAISAL INSTITUTE is 35-1850315.
- 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 10 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 $123,943, expenses of $123,424 and total assets of $185,191 at year end.
Other nonprofits in INDIANAPOLIS
- INDIANA UNIVERSITY HEALTH INC EIN 35-1955872 · last filed 990 for 2024
- LILLY ENDOWMENT INC EIN 35-0868122 · last filed 990-PF for 2025
- LILLY CARES FOUNDATION INC EIN 35-2027985 · last filed 990-PF for 2025
- RENAISSANCE CHARITABLE FOUNDATION INC EIN 35-2129262 · last filed 990 for 2024
- COMMUNITY HEALTH NETWORK INC EIN 35-0983617 · last filed 990 for 2024
- MDWISE MEDICAID NETWORK INC EIN 47-3192307 · last filed 990 for 2025
- MDWISE INC EIN 35-1931354 · last filed 990 for 2025
- NATIONAL COLLEGIATE ATHLETIC ASSOCIATION EIN 44-0567264 · last filed 990 for 2025