CHICAGO CHAPTER OF THE APPRAISAL INSTITUTE (EIN 362351810) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

CAMERON REX

Phone

3123354100

Tax Period

2023-01-01 to 2023-12-31

CHICAGO CHAPTER OF THE APPRAISAL INSTITUTE, founded in 1991, is a small nonprofit that reported $612K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $574K left a modest 6% surplus.

Mission

To empower valuation professionals through community credentialing education body of knowledge and ethical standards.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,464

Program Service Revenue $510,807

Investment Income $1,210

Other Revenue $0

TOTAL REVENUE $612,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,733

Fundraising Expenses $0

Program Expenses $0

Other Expenses $456,721

TOTAL EXPENSES $574,454

Year-over-Year Comparison

	2023	2022	Change
Revenue	$612,481	$524,733	+0.2%
Expenses	$574,454	$497,764	+0.2%
Net Income	$38,027	$26,969	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAMERON REX MAI	PRESIDENT	5.00	Officer Director	$0	$0	$0
PETER HELLAND MAI AI-GRS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMES ERIK SMITH SRA	TREASURER	1.00	Officer Director	$0	$0	$0
SALVATORE SAM LOUISE MAI	SECRETARY	1.00	Director Key Emp	$0	$0	$0
BRUCE DARATA MAI	IMMEDIATE PAST PRESIDENT	1.00	Director	$0	$0	$0
ANDREW RICHTER MAI	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA MEADE MAI AI-GRS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK KLESYNSKI MAI	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH MILLER MAI AI-GRS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BECKER MAI AI-GRS	DIRECTOR	1.00	Director	$0	$0	$0
SMEDMORE BERNARD MAI	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN ULMAN MAI	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN MICHIE SRA	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY UZEMAKC	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$612,481	$574,454	$329,173	$38,027
2022	$524,733	$497,764	$299,436	$26,969
2021	$582,495	$473,864	$274,827	$108,631
2020	$332,802	$409,426	$160,338	$-76,624
2018	$610,890	$726,338	$354,758	$-115,448

CHICAGO CHAPTER OF THE APPRAISAL INSTITUTE