Chicago Chapter Of The Appraisal Institute

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

EIN: 362351810 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Chicago Chapter Of The Appraisal Institute?

The Chicago Chapter of the Appraisal Institute is a nonprofit organization situated at 200 W MADISON ST STE 1500, Chicago, Illinois. Their primary focus is on providing educational resources and opportunities for professionals in the field of real estate appraisal, both in the residential and commercial sectors. They offer a range of courses and seminars to upskill these professionals, adhering to a body of knowledge and ethical standards. With a dedicated team of one individual, the Chicago Chapter aims to empower valuation professionals in the community.


Official website here: www.ccai.org

Is Chicago Chapter Of The Appraisal Institute legitimate?

Chicago Chapter Of The Appraisal Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Chicago Chapter Of The Appraisal Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,958

For more financial information, click here


Official website here: www.ccai.org

What is the mission statement of Chicago Chapter Of The Appraisal Institute?

The Chicago Chapter of the Appraisal Institute's mission is centered around empowering valuation professionals. Through their community efforts, they focus on credentialing, continuing education, and upholding ethical standards in the field of real estate appraisal. They offer a comprehensive curriculum of courses and seminars, catering to both residential and commercial appraisal sectors, aiming to equip professionals with the necessary knowledge and skills.


Official website here: www.ccai.org

What is the revenue of Chicago Chapter Of The Appraisal Institute?

Chicago Chapter Of The Appraisal Institute's revenue in 2023 was $612,481.


Official website here: www.ccai.org

Who are the executives of Chicago Chapter Of The Appraisal Institute and what are their salaries?

The average compensation at Chicago Chapter Of The Appraisal Institute during 2023 was $99,958. There is 1 employee and 26 volunteers at Chicago Chapter Of The Appraisal Institute.

Here are 14 key members and their salaries:


Cameron Rex Mai (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Helland Mai Ai-Grs (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Erik Smith Sra (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Sam Louise Mai (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Darata Mai (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Richter Mai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Meade Mai Ai-Grs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Klesynski Mai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Miller Mai Ai-Grs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Becker Mai Ai-Grs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smedmore Bernard Mai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Ulman Mai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Michie Sra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Uzemakc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccai.org

Where can I find the form 990 for Chicago Chapter Of The Appraisal Institute?

Chicago Chapter Of The Appraisal Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ccai.org

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

Mission Statement of Chicago Chapter Of The Appraisal Institute

The Chicago Chapter of the Appraisal Institute is committed to empowering valuation professionals. They achieve this by serving as a community credentialing education body and upholding ethical standards. This mission is centered around providing a comprehensive curriculum of courses and seminars, focusing on both residential and commercial real estate appraisal. By doing so, the Chicago Chapter of the Appraisal Institute aims to equip valuation professionals with the necessary knowledge and skills to excel in their field, fostering a community of ethical and competent appraisers.

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Impact




October, 2024

The Chicago Chapter of the Appraisal Institute significantly impacts the real estate valuation landscape by enhancing the skills and knowledge of appraisal professionals. By providing a comprehensive curriculum of courses and seminars for both residential and commercial real estate appraisal, the chapter ensures that its members are well-equipped to meet the evolving demands of the industry.

This emphasis on education fosters a community of well-trained professionals who adhere to stringent ethical standards, ultimately contributing to credible and reliable property valuations. The chapter’s commitment to empowering its members promotes a culture of continuous improvement and professionalism within the valuation community, benefiting not only the appraisers but also the stakeholders they serve, including property owners, investors, and the broader community in Chicago and beyond.

Through its educational initiatives, the Chicago Chapter consistently uplifts the standards of practice, drives community improvement, and plays a crucial role in the integrity of the real estate market.




This information is meant to be a general summary of Chicago Chapter Of The Appraisal Institute. 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
$612,481 (2023)
Expenses
$574,454 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,210
  • Program Service Revenue: $510,807
  • Gross Receipts: $612,481

Assets and Liabilities:

  • Total Assets: $299,436
  • Total Liabilities: $96,264
  • Net Assets: $203,172

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Programs

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

Education Revenue

Revenue

$348,706

Membership Dues

Revenue

$120,830

Program Service Revenue

Revenue

$13,250

Chapter Events Revenue

Revenue

$28,021

Program 5

Revenue

$0

Organization Details

Founding Year

1991

Principal Officer

Cameron Rex

NTEE Category

Code: S41 - Community improvement

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