Nonprofit · EIN 62-0917502
APPRAISAL INSTITUTE
Also known as TENNESSEE CHAPTER
Tax-exempt · CHICAGO, IL 60606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $248,383 | $311,401 | -$63,018 | $190,068 | $86,049 | $104,019 |
| December 31, 2023 | 990 | $286,123 | $346,796 | -$60,673 | $192,813 | $28,968 | $163,845 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,321
- Program service revenue
- $232,039
- Investment income
- $11,023
- 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
- $13,723
Balance sheet and other
- Total assets, start of year
- $192,813
- Total assets, end of year
- $190,068
- Total liabilities, end of year
- $86,049
- Net assets, end of year
- $104,019
- Net assets without donor restrictions
- $104,018
- Gross receipts
- $248,383
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1991
- State of legal domicile
- TN
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 |
|---|---|---|---|
| Lara Sue Watson MAI AI-GRS | President Trustee or director, Officer | 2 | $0 |
| Michael Williamson | Vice President Trustee or director, Officer | 0.25 | $0 |
| David Mainord MAI AI-GRS | Treasurer Trustee or director, Officer | 1 | $0 |
| Richard A Crook MAI | Secretary Trustee or director, Officer | 0.25 | $0 |
| Clint Dorris SRA | Director Trustee or director | 0.25 | $0 |
| Tracy Wheeler SRA | Director Trustee or director | 0.25 | $0 |
| Derrick Smith MAI | Director Trustee or director | 0.25 | $0 |
| Taylor Vandever MAI | Director Trustee or director | 0.25 | $0 |
| Derric Smith MAI | Director Trustee or director | 0.25 | $0 |
| Kevin McGuigan MAI | Director Trustee or director | 0.25 | $0 |
| Cary Crain MAI | Branch Chair Trustee or director | 0.25 | $0 |
| Seth Rohling MAI AI-GRS | Ex President Trustee or director | 0.25 | $0 |
| Eric Trotz MAI AI-GRS | Director Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Seth Rohling MAI AI-GRS | President Trustee or director, Officer | 2 | $0 |
| Michael Williamson | Vice President Trustee or director, Officer | 0.25 | $0 |
| Lara Sue Watson MAI AI-GRS | Treasurer Trustee or director, Officer | 1 | $0 |
| David Mainord MAI AI-GRS | Secretary Trustee or director, Officer | 0.25 | $0 |
| David Ballenger SRA | Director Trustee or director | 0.25 | $0 |
| Jim Bradley SRA | Director Trustee or director | 0.25 | $0 |
| Clint Dorris SRA | Director Trustee or director | 0.25 | $0 |
| Tracey Wheeler SRA | Director Trustee or director | 0.25 | $0 |
| Derric Smith MAI | Director Trustee or director | 0.25 | $0 |
| Taylor Vandever MAI | Director Trustee or director | 0.25 | $0 |
| Troy Vandyke MAI | Branch Chair Trustee or director | 0.25 | $0 |
| Ben Sellers MAI | Ex President Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W MADISON ST STE 2630, CHICAGO, IL 60606-3414
- In care of
- % SETH ROHLING
- Principal officer (990 for 2024)
- Seth Rohling, 200 W MADISON ST STE 2000, CHICAGO, IL 606063515
- Signed the 990
- Elizabeth Kramer, Controller
- Phone
- (312) 335-4100
- Website
- www.tnappraiser.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.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
- 62-0917502
- 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)
- $190,068
- Income (IRS master file)
- $248,383
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $248,383 | $311,401 | $190,068 | IRS |
| 990 | December 2023 | $286,123 | $346,796 | $192,813 | XML |
| 990 | December 2022 | $315,336 | $323,284 | $238,351 | IRS |
| 990 | 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 62-0917502).
Questions about APPRAISAL INSTITUTE
- What is the EIN of APPRAISAL INSTITUTE?
- The employer identification number (EIN) of APPRAISAL INSTITUTE is 62-0917502.
- 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 Seth Rohling.
- Who are the officers and directors of APPRAISAL INSTITUTE?
- The 990 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 for the year ended December 31, 2024 it reported revenue of $248,383, expenses of $311,401 and total assets of $190,068 at year end.
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