Nonprofit · EIN 61-1220385
APPRAISAL INSTITUTE
Also known as BLUEGRASS CHAPTER
Tax-exempt · CHICAGO, IL 60606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $165,969 | $147,945 | $18,024 | $235,578 | $23,357 | $212,221 |
| December 31, 2023 | 990-EZ | $194,583 | $142,520 | $52,063 | $212,559 | $18,530 | $194,029 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,648
- Membership dues
- $27,111
- Program service revenue
- $130,960
- Investment income
- $4,250
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $23,887
- Other expenses
- $124,058
Balance sheet and other
- Total assets, start of year
- $212,559
- Total assets, end of year
- $235,578
- Total liabilities, end of year
- $23,357
- Net assets, end of year
- $212,221
- Cash, savings and investments
- $192,081
- Gross receipts
- $165,969
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 |
|---|---|---|---|
| Lisa Keaton MAI | President | 3 | $0 |
| Kris Mueller MAI SRA | Vice President | 1 | $0 |
| Larry Disney SRA | 2nd VP | 1 | $0 |
| Kristen Deibler MAI | Director | 1 | $0 |
| Derrick Scott MAI SRA | Director | 1 | $0 |
| Wayne Lanham MAI AI-GRS | Director | 1 | $0 |
| Kyle Shelton MAI SRA | Director | 1 | $0 |
| Whit Darby SRA | Director | 1 | $0 |
| Eliott Borris | Director | 1 | $0 |
| Ben Baker MAI | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chris Stewart MAI | President | 3 | $0 |
| Lisa Keaton MAI | Vice Pres | 2 | $0 |
| Kris Mueller MAI SRA | 2nd VP | 2 | $0 |
| Mike Campbell MAI | Treasurer Secretary | 5 | $0 |
| Amy Rawson MAI | Director | 1 | $0 |
| Kristen Deibler MAI | Director | 1 | $0 |
| Whit Darby SRA | Director | 1 | $0 |
| Larry Disney SRA | Director | 1 | $0 |
| Kyle Shelton MAI SRA | Director | 1 | $0 |
| Ben Baker MAI | Director | 1 | $0 |
| Eliott Borris Candidate | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W MADISON ST STE 2630, CHICAGO, IL 60606-3414
- In care of
- % CHRISTOPHER T STEWART
- Signed the 990-EZ
- Elizabeth Kramer, Controller
- Website
- www.bluegrasschapter-ai.org
Mission
To empower valuation professionals through community education body of knowledge and ethical standards.
Program accomplishments
- Education- The Appraisal Institute provides a curriculum 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
- 61-1220385
- 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)
- $235,578
- Income (IRS master file)
- $165,969
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $165,969 | $147,945 | $235,578 | XML |
| 990-EZ | December 2023 | $194,583 | $142,520 | $212,559 | XML |
| 990 | December 2022 | $232,044 | $185,390 | $158,656 | IRS |
| 990-EZ | December 2021 | – | – | – | 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 61-1220385).
Questions about APPRAISAL INSTITUTE
- What is the EIN of APPRAISAL INSTITUTE?
- The employer identification number (EIN) of APPRAISAL INSTITUTE is 61-1220385.
- 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 $165,969, expenses of $147,945 and total assets of $235,578 at year end.
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