Civic Intelligence

Appraisers Association of America Inc

EIN 13-1957613 • 501(c)6 • New York, NY

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Profile

The mission and primary purpose of the appraisers association of america is to develop and promote standards of excellence in the profession of appraising through education and the application of the highest form of professional practice, which results in enhancing the visibility and standing of appraisers within the private and professional communities in which they serve.

212 West 35th Street 11th FloorNew York, NY 10001

www.appraisersassociation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.50x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.67x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

80th percentile

17%

Higher net margin than 80% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$191,503

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

1.4%

Faster asset growth than 38% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

2.1%

Faster revenue growth than 39% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$2,414,055

Up $34,321 (+1.4%) from 2023

Liabilities

Down

$1,215,288

Down $90,913 (-7.0%) from 2023

Net Assets

Up

$1,198,767

Up $125,234 (+12%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin80th percentile

Revenue

Up

$725,730

Up $14,723 (+2.1%) from 2023

Expenses

Up

$599,761

Up $28,937 (+5.1%) from 2023

Net Income

Down

$125,969

Down $14,214 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $166,279Liabilities 2011: $206,208Net Assets 2011: -$39,9292011Assets 2012: $278,714Liabilities 2012: $205,967Net Assets 2012: $72,7472012Assets 2013: $387,282Liabilities 2013: $217,913Net Assets 2013: $169,3692013Assets 2014: $425,443Liabilities 2014: $224,131Net Assets 2014: $201,3122014Assets 2015: $694,746Liabilities 2015: $260,714Net Assets 2015: $434,0322015Assets 2016: $434,789Liabilities 2016: $319,378Net Assets 2016: $115,4112016Assets 2017: $508,501Liabilities 2017: $312,404Net Assets 2017: $196,0972017Assets 2018: $646,020Liabilities 2018: $313,444Net Assets 2018: $332,5762018Assets 2019: $812,641Liabilities 2019: $303,232Net Assets 2019: $509,4092019Assets 2020: $953,366Liabilities 2020: $295,561Net Assets 2020: $657,8052020Assets 2021: $1,070,754Liabilities 2021: $303,887Net Assets 2021: $766,8672021Assets 2022: $1,268,418Liabilities 2022: $335,068Net Assets 2022: $933,3502022Assets 2023: $2,379,734Liabilities 2023: $1,306,201Net Assets 2023: $1,073,5332023Assets 2024: $2,414,055Liabilities 2024: $1,215,288Net Assets 2024: $1,198,7672024

Highlighted filing

2024

Assets$2,414,055
Liabilities$1,215,288
Net Assets$1,198,767
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $288,603Expenses 2011: $226,575Net Income 2011: $62,0282011Revenue 2012: $359,973Expenses 2012: $247,297Net Income 2012: $112,6762012Revenue 2013: $354,170Expenses 2013: $257,548Net Income 2013: $96,6222013Revenue 2014: $440,801Expenses 2014: $410,083Net Income 2014: $30,7182014Revenue 2015: $664,005Expenses 2015: $431,285Net Income 2015: $232,7202015Revenue 2016: $571,060Expenses 2016: $839,708Net Income 2016: -$268,6482016Revenue 2017: $526,638Expenses 2017: $452,314Net Income 2017: $74,3242017Revenue 2018: $606,294Expenses 2018: $469,815Net Income 2018: $136,4792018Revenue 2019: $636,849Expenses 2019: $460,016Net Income 2019: $176,8332019Revenue 2020: $673,159Expenses 2020: $524,763Net Income 2020: $148,3962020Revenue 2021: $620,933Expenses 2021: $511,871Net Income 2021: $109,0622021Revenue 2022: $718,249Expenses 2022: $551,766Net Income 2022: $166,4832022Revenue 2023: $711,007Expenses 2023: $570,824Net Income 2023: $140,1832023Revenue 2024: $725,730Expenses 2024: $599,761Net Income 2024: $125,9692024

Highlighted filing

2024

Revenue$725,730
Expenses$599,761
Net Income$125,969
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,414,055
Liabilities
$1,215,288
Net assets
$1,198,767
Revenue
$725,730
Expenses
$599,761
Net income
$125,969
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.41$1.22$1.20$0.73$0.60$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.38$1.31$1.07$0.71$0.57$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.34$0.93$0.72$0.55$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.30$0.77$0.62$0.51$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.30$0.66$0.67$0.52$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.30$0.51$0.64$0.46$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.31$0.33$0.61$0.47$0.14
2017Summary only. Only limited summary data is available for this year.$0.51$0.31$0.20$0.53$0.45$0.07
2016Summary only. Only limited summary data is available for this year.$0.43$0.32$0.12$0.57$0.84$0.27
2015Summary only. Only limited summary data is available for this year.$0.69$0.26$0.43$0.66$0.43$0.23
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.43$0.22$0.20$0.44$0.41$0.03
2013Summary only. Only limited summary data is available for this year.$0.39$0.22$0.17$0.35$0.26$0.10
2012Summary only. Only limited summary data is available for this year.$0.28$0.21$0.07$0.36$0.25$0.11
2011Summary only. Only limited summary data is available for this year.$0.17$0.21$0.04$0.29$0.23$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 27, 2025
Return Version
2023v6.0
Gross Receipts
$975,069
Mission and Program Overview

Mission

The mission and primary purpose of the appraisers association of america is to develop and promote standards of excellence in the profession of appraising through education and the application of the highest form of professional practice, which results in enhancing the visibility and standing of appraisers within the private and professional communities in which they serve.

To develop and promote standards of excellence in the profession of appraising. (see schedule o).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$707,717$603,699▼ $104,018
Savings and Temporary Cash Investments$199,415$413,481▲ $214,066
Land, Buildings, and Equipment, Net$107,672$111,448▲ $3,776
Accounts Receivable$13,431$17,225▲ $3,794
Prepaid Expenses and Deferred Charges$11,392$8,144▼ $3,248
Inventories for Sale or Use$4,088--
Total Assets$2,379,734$2,414,055▲ $34,321
Other Assets Total$1,336,019$1,260,058▼ $75,961
Liabilities
Mortgage Notes Payable Secured by Investment Property$926,991$849,133▼ $77,858
Deferred Revenue$323,084$302,972▼ $20,112
Accounts Payable and Accrued Expenses$56,126$63,183▲ $7,057
Total Liabilities$1,306,201$1,215,288▼ $90,913
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,073,533$1,198,767▲ $125,234
Total Net Assets Fund Balance$1,073,533$1,198,767▲ $125,234
Total Liabilities and Net Assets / Fund Balance$2,379,734$2,414,055▲ $34,321

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$106,757$30,622$137,379
Equipment$4,204$114,191$118,395
Leasehold Improvements$487$16,054$16,541
Other Assets Org$838,058--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda SelvinExecutive DirectorPT$79,136$16,616$95,752
Cynthia D HerbertDirector-$10,010$7,976$17,986
Sharon ChrustImmediate Past President--$8,500$8,500
Deborah Gerstler SpaniermanParliamentarian--$4,500$4,500
Susan Hunter2nd Vice President-$2,912-$2,912
Lark MasonDirector--$2,500$2,500
Nicholas M DawesDirector--$2,500$2,500
Benjamin FarinaDirector--$1,000$1,000
Suzanne SmeatonRecording Secretary--$1,000$1,000

Board Members and Trustees

NameTitle
Edward YeePresident
Molly SeilerVice President
Carina VillingerDirector
Carmen MelianDirector
Charles CurtisDirector
Deborah E Zafman PhdDirector
Eric SilverDirector
Helen HallDirector
Mireya LewinDirector
Pamela BrownDirector
Reagan UpshawDirector
Thomas LeckyDirector
Jay GrimmCorresponding Secretary
Karen Tallackson BaconTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,793
Program Service Revenue
$700,355
Investment Income
$13,582
Other Revenue
$0
All Other Contributions
$11,793
Change in Net Assets
$125,969
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$320,171
Salaries, Compensation, and Employee Benefits$279,590
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$105,811
Other Salaries and Wages---$104,094
Occupancy---$70,082
Payroll Taxes---$39,123
Office Expenses---$28,569
Other Employee Benefits---$26,427
Depreciation Depletion---$24,502
Fees for Services Other---$13,142
Insurance---$10,166
All Other Expenses---$8,757
Other Expenses---$8,429
Advertising---$7,055
Travel---$5,998
Pension Plan Contributions---$4,135
Total Functional Expenses$0$0$0$599,761
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The appraisers association of america, inc. Was established as a membership organization.”

Form 990, Part VI, Section A, Line 7A

“Professional members elect the members of the board of directors.”

Form 990, Part VI, Section A, Line 7B

“Professional members approve changes to the by-laws.”

Form 990, Part VI, Section B, Line 11B

“The audit committee reviews the form 990 then presents it to the board of directors before filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is distributed annually for review and signature to ensure compliance.”

Form 990, Part VI, Section B, Line 15

“The executive director is hired by committee. The board executive committee sets salaries each year based on an annual personnel review.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policies, and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Appraisers Association of America Inc
EIN
13-1957613
Phone
2128895404
Address
212 WEST 35TH STREET 11TH FLOOR, NEW YORK, NY 10001

Signing Officer

Name
Linda Selvin
Title
Executive Director
Phone
2128895404
Signed
2025-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Selvin
Formed
1949
Legal Domicile
Ny
Voting Board Members
22
Independent Board Members
15
Employees
9
Volunteers
25

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part I - Line 1 & Part III - Line 1

“The mission and primary purpose of the appraisers association of america, inc. Is to develop and promote standards of excellence in the profession of appraising through education and the application of the highest form of professional practice, which results in enhancing the visibility and standing of appraisers within the private and professional communities in which they serve. Part i - line 5 & part v - line 2 the appraisers association of america, inc. Shares employees with related organization, appraisals institute of america inc. Ein 13-3243728.”

Raw XML AppendixShowing 400 of 559 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM APPRAISAL INSTITUTE OF AMERICA

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