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The Appraisal Institute Of America Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133243728 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Appraisal Institute Of America Inc?

The Appraisal Institute of America Inc is a nonprofit organization dedicated to educating the public on various appraisal-related topics. Through lectures, seminars, and other educational resources, they aim to cater to both the association's members and the general public. Their focus spans across subjects such as connoisseurship and methodology, ensuring comprehensive learning opportunities. In 2014, they expanded their offerings by recording several sessions related to these subjects, further enhancing their educational resources.


Official website here: www.appraisersassociation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating

The Appraisal Institute of America Inc has achieved a high score of 96%, reflecting exceptional performance in accountability and finance. This rating indicates a strong commitment to transparency and responsible management of assets, with an impressive accountability score bolstered by a transparent board structure.

The organization has successfully maintained a majority of independent board members, ensuring diverse perspectives in decision-making. Additionally, their adherence to numerous financial best practices, such as having a conflict of interest policy and a whistleblower policy, showcases a robust governance framework that promotes ethical operations.

One notable strength is their program expense ratio of 74.17%, indicating that a significant portion of their expenditures is directed toward their programs rather than administrative costs. Overall, the Appraisal Institute of America Inc demonstrates strong fiscal responsibility, though specific programmatic outcomes and impact metrics are not highlighted in the available data.


This AI summary has been generated from information found on Charity Navigator.

Is The Appraisal Institute Of America Inc legitimate?

The Appraisal Institute Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Appraisal Institute Of America Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $121,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,587

For more financial information, click here


Official website here: www.appraisersassociation.org

What is the mission statement of The Appraisal Institute Of America Inc?

The Appraisal Institute of America Inc. is dedicated to providing, enhancing, and disseminating educational programs to the public at large. This is achieved through various means such as lectures, seminars, and other educational platforms. The primary objective of the institute is to offer educational resources on a range of topics, including connoisseurship and methodology, catering to different levels within the appraisers association and the general public. In 2014, the institution started recording some of its connoisseurship and methodology sessions for wider access and dissemination.


Official website here: www.appraisersassociation.org

Who is the CEO of The Appraisal Institute Of America Inc?

Edward Yee is the Director of The Appraisal Institute Of America Inc.


Official website here: www.appraisersassociation.org

What is the revenue of The Appraisal Institute Of America Inc?

The Appraisal Institute Of America Inc's revenue in 2022 was $680,854.


Official website here: www.appraisersassociation.org

Who are the executives of The Appraisal Institute Of America Inc and what are their salaries?

There 25 volunteers at The Appraisal Institute Of America Inc.


Here are 23 key members and their salaries:


Benjamin Farina (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Betty Krulik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carina Villinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Melian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia D Herbert (Director)
  • Compensation: $11,476
  • Related: $11,338
  • Other: $0
Deborah E Zafman (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Deborah Gerstler Spanierman (Parliamentarian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Yee (Treasurer)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Eric Silver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Tallackson Bacon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Gary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lark Mason (Immediate Past President)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Lori Spector (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Seiler (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas M Dawes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Chrust (President)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Susan Hunter (Recording Secretary)
  • Compensation: $2,500
  • Related: $2,912
  • Other: $0
Susan L Brundage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Smeaton (1St Vice President)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Thomas Lecky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Selvin (Executive Director)
  • Compensation: $71,729
  • Related: $71,729
  • Other: $26,032


Official website here: www.appraisersassociation.org

Where can I find the form 990 for The Appraisal Institute Of America Inc?

The Appraisal Institute Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.appraisersassociation.org

Learn more at the official website: www.appraisersassociation.org

Mission Statement of The Appraisal Institute Of America Inc

The Appraisal Institute of America is dedicated to delivering, improving, and promoting educational programs aimed at a wide audience. This respected organization utilizes various educational platforms such as lectures, seminars, and workshops to disseminate knowledge on a diverse range of topics, including connoisseurship and methodology. The primary goal of the Appraisal Institute of America is to cater to the educational needs of its members within the appraisers association and the general public. In an effort to make learning more accessible, the institute started recording its connoisseurship and methodology sessions in 2014. The organization's mission is to provide high-quality educational resources, ensuring that both appraisers and the general public have opportunities to expand their knowledge base and enhance their skills in this field.

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Impact




July, 2024

The Appraisal Institute of America Inc's impact lies in its provision, advancement, and promotion of educational programs for the general public. Through lectures, seminars, and other educational vehicles, the institute offers a diverse range of programming on subjects such as connoisseurship and methodology. This serves to benefit both the appraisers association's membership and the general public, providing valuable knowledge and skills in these areas. Initiatives like recording connoisseurship and methodology sessions further contribute to the dissemination of expertise and educational resources. Overall, the institute plays a significant role in enhancing education and community improvement through its focused efforts.




This information is meant to be a general summary of The Appraisal Institute Of America Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$680,854 (2022)
Expenses
$535,933 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,983
  • Program Service Revenue: $498,936
  • Gross Receipts: $745,484

Assets and Liabilities:

  • Total Assets: $1,267,917
  • Total Liabilities: $342,334
  • Net Assets: $925,583

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL PROGRAMS & SEMINARS

Revenue

$413,371

NATIONAL CONFERENCE

Revenue

$85,565

Organization Details

Founding Year

1983

Principal Officer

Edward Yee

Main Address

212 WEST 35TH STREET 11TH FLOOR, NEW YORK, NY, 10001

NTEE Category

Code: S410 - Community improvement

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