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Filing year 2024

APPRAISAL INSTITUTE

Chicago, Illinois·EIN 36-3739643·6
Total revenue
$18.2M
Total assets
$34.4M
Total expenses
$20.6M
Reported officers
33
Mission

OUR MISSION IS TO EMPOWER VALUATION PROFESSIONALS THROUGH COMMUNITY, CREDENTIALING, EDUCATION, BODY OF KNOWLEDGE AND ETHICAL STANDARDS.

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2024

CEO (end 9/13/24)
$430k
$460k
Base
$384k
Bonus
Other
$23k
Benefits
$11k
General Counsel
highest compensated employee
$384k
$411k
Base
$325k
Bonus
Other
$23k
Benefits
$20k
Former CFO
former officer/director/trustee
$216k
$232k
Base
Bonus
Other
$216k
Benefits
Associate General Counsel
highest compensated employee
$209k
$223k
Base
$192k
Bonus
Other
Benefits
$7k
Director, Ethics and Standards
highest compensated employee
$199k
$213k
Base
$176k
Bonus
Other
Benefits
$14k
$157k
$168k
Base
$157k
Bonus
Other
Benefits
Director, Education
highest compensated employee
$156k
$167k
Base
$144k
Bonus
Other
Benefits
$6k
$150k
$160k
Director, Government Relations
highest compensated employee
$147k
$157k
$111k
$119k
Vice President
vice president
$100k
$107k
Immediate Past President
$100k
$107k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Held steady
from 2023

From $426k in 2023 to $430k in 2024.

$426k
2023
$430k
2024
In today's dollarsEst.
Down 2% in real terms$471k to $460k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

APPRAISAL INSTITUTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.9M
$21M
2023
$18.2M
$20.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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