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Nonprofit · EIN 75-1401980

APPRAISAL INSTITUTE

Also known as NORTH TEXAS CHAPTER

Tax-exempt · CHICAGO, IL 60606

Financials

$161K$154K2023$172K$177K2024
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$171,525$177,451-$5,926$345,887$57,739$288,148
December 31, 2023990-EZ$161,436$154,160$7,276$322,429$33,249$289,180
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,232
Membership dues
$61,812
Program service revenue
$88,575
Investment income
$16,906

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$70,134
Other expenses
$107,317

Balance sheet and other

Total assets, start of year
$322,429
Total assets, end of year
$345,887
Total liabilities, end of year
$57,739
Net assets, end of year
$288,148
Cash, savings and investments
$345,887
Gross receipts
$171,525

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
Greg Zachary MAIPresident4$0
Tracy Law MAIVice President4$0
Alex Yakulis MAISecretary4$0
Leesha Creech MAITreasurer4$0
Carrie Lake SRADirector0.5$0
Jim Rohrig MAI AI-GRSDirector0.5$0
Erik Hill MAIPast President0.5$0
Mitchell Austin MAIDirector1$0
Michael Nelson MAIDirector1$0
Ryan Wegman MAIDirector1$0
Robbie Wilson SRADirector1$0
Camron Price MAIDirector1$0
Mary Ellen Moser PhD SRA AI-RRSDirector1$0
Michael StavinohaDirector1$0
Allen Gardiner MAI SRARegion VIII Vice Chair4$0
1 more people on this return
NameTitleHours / weekCompensation
David Ray SRAImmediate Past President1$0
990-EZ for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
David Ray SRAPresident1$0
Greg Zachary MAIVice President1$0
Tracy Law MAISecretary1$0
Alex Yakulis MAITreasurer1$0
Mitchell Austin MAIDirector0.5$0
Leesha Creech MAIDirector0.5$0
Brandon Davis MAIPast President0.5$0
Mike Divin MAIDirector0.5$0
Matthew Hyatt SRADirector0.5$0
Carrie Lake SRADirector0.5$0
Michael Nelson MAIDirector0.5$0
Scott Plake AI-GRSDirector0.5$0
Jim Rohrig MAI AI-GRSDirector0.5$0
Ryan Wegman MAIDirector0.5$0
Robbie Wilson SRADirector0.5$0

Address and contacts

Address (IRS master file)
200 W MADISON ST STE 2630, CHICAGO, IL 60606-3414
In care of
% BRANDON DAVIS
Signed the 990-EZ
Elizabeth Kramer, Conroller

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
75-1401980
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)
$345,887
Income (IRS master file)
$171,525

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$171,525$177,451$345,887IRS
990-EZDecember 2023$161,436$154,160$322,429XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2018–––IRS
990December 2017–––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 75-1401980).

Questions about APPRAISAL INSTITUTE

What is the EIN of APPRAISAL INSTITUTE?
The employer identification number (EIN) of APPRAISAL INSTITUTE is 75-1401980.
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 16 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 $171,525, expenses of $177,451 and total assets of $345,887 at year end.

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