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Nonprofit · EIN 91-6037591

APPRAISAL INSTITUTE

Also known as SEATTLE CHAPTER

Tax-exempt · CHICAGO, IL 60606

Financials

$166K$193K2023$164K$202K2024
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$164,133$201,737-$37,604$48,046$21,354$26,692
December 31, 2023990-EZ$165,816$192,951-$27,135$111,455$47,159$64,296
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,449
Membership dues
$61,484
Program service revenue
$99,200

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$84,241
Other expenses
$117,496

Balance sheet and other

Total assets, start of year
$111,455
Total assets, end of year
$48,046
Total liabilities, end of year
$21,354
Net assets, end of year
$26,692
Cash, savings and investments
$35,618
Gross receipts
$164,133

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
Diane Hayes SRAPresident6$0
Mitchell Olsen MAIVice President6$0
Bob Hartner MAITreasurer6$0
Robert Bodkin SRASecretary1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Diane Hayes SRAPresident2$0
Mitchell Olsen MAIVice President1$0
Bob Hartner MAITreasurer1.5$0
Kathy Walsh SRADirector1$0
Robert Bodkin SRASecretary1$0
Shawn Wayt MAIDirector1$0
Julian Rondello MAIDirector1$0
D Ryan McDonald MAIDirector1$0
David Hunnicutt MAIImmediate Past President1$0

Address and contacts

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

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
91-6037591
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)
$48,046
Income (IRS master file)
$164,133

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$164,133$201,737$48,046XML
990-EZDecember 2023$165,816$192,951$111,455XML
990-EZDecember 2022–––IRS
990-EZDecember 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 91-6037591).

Questions about APPRAISAL INSTITUTE

What is the EIN of APPRAISAL INSTITUTE?
The employer identification number (EIN) of APPRAISAL INSTITUTE is 91-6037591.
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 4 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 $164,133, expenses of $201,737 and total assets of $48,046 at year end.

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