Nonprofit · EIN 41-6124081
APPRAISAL INSTITUTE
Also known as NORTH STAR CHAPTER
Tax-exempt · CHICAGO, IL 60606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $246,655 | $220,124 | $26,531 | $217,736 | $20,015 | $197,721 |
| December 31, 2023 | 990 | $228,237 | $202,933 | $25,304 | $238,328 | $67,139 | $171,189 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,485
- Program service revenue
- $245,170
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $17,704
Balance sheet and other
- Total assets, start of year
- $238,328
- Total assets, end of year
- $217,736
- Total liabilities, end of year
- $20,015
- Net assets, end of year
- $197,721
- Net assets without donor restrictions
- $197,720
- Gross receipts
- $246,655
- Employees
- 0
- Volunteers
- 17
- Year formed
- 1991
- State of legal domicile
- MN
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 |
|---|---|---|---|
| Byron Miller | President Trustee or director, Officer | 1 | $0 |
| Andrew Totzke | Vice President Trustee or director, Officer | 1 | $0 |
| Andrew Totzke MAI | Secretary Treasurer Trustee or director, Officer | 1 | $0 |
| Ethan Waytas | Past President Trustee or director, Officer | 1 | $0 |
| Kelsey Horning | Treasurer Secretary Trustee or director, Officer | 1 | $0 |
| Ethan Waytas | Director Trustee or director | 1 | $0 |
| Andrew Soyle | Director Trustee or director | 1 | $0 |
| Trevor Anderson | Director Trustee or director | 1 | $0 |
| Jon Day | Director Trustee or director | 1 | $0 |
| Brian Tinjum | Director Trustee or director | 1 | $0 |
| Christy Mackaman | Region 3 Alternates Trustee or director | 1 | $0 |
| Sam Adesji | Region 3 Alternates Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ethan Waytas MAI | President Trustee or director, Officer | 1 | $0 |
| Byron E Miller SRA AI-RRS | Vice President Trustee or director, Officer | 1 | $0 |
| Andrew Totzke MAI | Secretary Treasurer Trustee or director, Officer | 1 | $0 |
| Scott E Neu MAI | Past President Trustee or director, Officer | 1 | $0 |
| David Kunkel MAI AI- | Director Trustee or director | 1 | $0 |
| Samuel Adesji SRA | Director Trustee or director | 1 | $0 |
| Erin Waytas MAI | Director Trustee or director | 1 | $0 |
| Laura Lamont SRA | Director Trustee or director | 1 | $0 |
| Trista Soave Practicing Affiliate | Director Trustee or director | 1 | $0 |
| Solomon Akanki Candidate | Director Trustee or director | 1 | $0 |
| Ruth Mahan SRA | Director Trustee or director | 1 | $0 |
| Kelsey Malecha MAI | Director Trustee or director | 1 | $0 |
| Kylie Klehr Skare Practicing Aff | Director Trustee or director | 1 | $0 |
| Craig Christianson Candidate | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W MADISON ST STE 2630, CHICAGO, IL 60606-3414
- In care of
- % ANDREW TOTZKE
- Principal officer (990 for 2024)
- Andrew Totzke, 200 W MADISON ST STE 1500, 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
- 41-6124081
- 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)
- $217,736
- Income (IRS master file)
- $246,655
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $246,655 | $220,124 | $217,736 | XML |
| 990 | December 2023 | $228,237 | $202,933 | $238,328 | XML |
| 990 | December 2022 | $242,727 | $189,676 | $188,531 | 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 41-6124081).
Questions about APPRAISAL INSTITUTE
- What is the EIN of APPRAISAL INSTITUTE?
- The employer identification number (EIN) of APPRAISAL INSTITUTE is 41-6124081.
- 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 Andrew Totzke.
- Who are the officers and directors of APPRAISAL INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 12 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 $246,655, expenses of $220,124 and total assets of $217,736 at year end.
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