Civic Intelligence

Bluegrass Chapter of the Appraisal Institute

EIN 61-1220385 • 501(c)6 • Chicago, IL

Profile

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

200 W Madison St Ste 2000Chicago, IL 60606-3515

www.bluegrasschapter-ai.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.10x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.14x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-15%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$235,578

Up $23,019 (+11%) from 2023

Liabilities

Up

$23,357

Up $4,827 (+26%) from 2023

Net Assets

Up

$212,221

Up $18,192 (+9.4%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin69th percentile

Revenue

Down

$165,969

Down $28,614 (-15%) from 2023

Expenses

Up

$147,945

Up $5,425 (+3.8%) from 2023

Net Income

Down

$18,024

Down $34,039 (-65%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

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

$300K$200K$100K$0Assets 2010: $62,333Liabilities 2010: $0Net Assets 2010: $62,3332010Assets 2011: $57,722Liabilities 2011: $0Net Assets 2011: $57,7222011Assets 2012: $66,579Liabilities 2012: $0Net Assets 2012: $66,5792012Assets 2013: $84,123Liabilities 2013: $0Net Assets 2013: $84,1232013Assets 2014: $82,406Liabilities 2014: $0Net Assets 2014: $82,4062014Assets 2015: $85,102Liabilities 2015: $0Net Assets 2015: $85,1022015Assets 2016: $73,523Liabilities 2016: $0Net Assets 2016: $73,5232016Assets 2017: $74,957Liabilities 2017: $0Net Assets 2017: $74,9572017Assets 2018: $78,943Liabilities 2018: $0Net Assets 2018: $78,9432018Assets 2019: $77,034Liabilities 2019: $272Net Assets 2019: $76,7622019Assets 2020: $84,326Liabilities 2020: $14,7852020Assets 2021: $130,365Liabilities 2021: $34,486Net Assets 2021: $95,8792021Assets 2022: $158,656Liabilities 2022: $17,375Net Assets 2022: $141,2812022Assets 2023: $212,559Liabilities 2023: $18,530Net Assets 2023: $194,0292023Assets 2024: $235,578Liabilities 2024: $23,357Net Assets 2024: $212,2212024

Highlighted filing

2024

Assets$235,578
Liabilities$23,357
Net Assets$212,221
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $333,2042010Expenses 2011: $267,1762011Expenses 2012: $278,5432012Revenue 2013: $265,437Expenses 2013: $247,893Net Income 2013: $17,5442013Revenue 2014: $247,434Expenses 2014: $249,151Net Income 2014: -$1,7172014Revenue 2015: $267,382Expenses 2015: $264,686Net Income 2015: $2,6962015Revenue 2016: $181,467Expenses 2016: $193,046Net Income 2016: -$11,5792016Revenue 2017: $187,172Expenses 2017: $185,738Net Income 2017: $1,4342017Revenue 2018: $179,083Expenses 2018: $174,774Net Income 2018: $4,3092018Revenue 2019: $167,161Expenses 2019: $169,342Net Income 2019: -$2,1812019Revenue 2020: $137,471Expenses 2020: $144,686Net Income 2020: -$7,2152020Revenue 2021: $180,370Expenses 2021: $154,360Net Income 2021: $26,0102021Revenue 2022: $232,044Expenses 2022: $185,390Net Income 2022: $46,6542022Revenue 2023: $194,583Expenses 2023: $142,520Net Income 2023: $52,0632023Revenue 2024: $165,969Expenses 2024: $147,945Net Income 2024: $18,0242024

Highlighted filing

2024

Revenue$165,969
Expenses$147,945
Net Income$18,024
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$235,578
Liabilities
$23,357
Net assets
$212,221
Revenue
$165,969
Expenses
$147,945
Net income
$18,024
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.23$2.12$1.66$1.48$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.19$1.94$1.95$1.43$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.17$1.41$2.32$1.85$0.47
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.34$0.96$1.80$1.54$0.26
2020Summary only. Only limited summary data is available for this year.$0.84$0.15$1.37$1.45$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.67$1.69$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.79$1.75$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$1.87$1.86$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.81$1.93$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$2.67$2.65$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$2.47$2.49$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$2.65$2.48$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$2.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$3.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.1
Gross Receipts
$165,969
Mission and Program Overview

Mission

Continuing professional education

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

Program Services

DescriptionGrantsExpenses
Education- The Appraisal Institute provides a curriculum and seminars for residential and commercial real estate appraisal.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa Keaton MAIPresident-$0--
Kris Mueller MAI SRAVice President-$0--
Larry Disney SRA2nd VP-$0--
Kristen Deibler MAIDirector-$0--
Derrick Scott MAI SRADirector-$0--
Wayne Lanham MAI AI-GRSDirector-$0--
Kyle Shelton MAI SRADirector-$0--
Whit Darby SRADirector-$0--
Eliott BorrisDirector-$0--
Ben Baker MAIDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Section 527 Activity Spending$0
Total Exempt Function Spending$0
Filing and Contact Details

Filer

Filer Name
Bluegrass Chapter of the Appraisal Institute
EIN
61-1220385
Address
200 W MADISON ST STE 2000, CHICAGO, IL 60606-3515

Signing Officer

Name
Elizabeth Kramer
Title
Controller
Phone
3123354143
Signed
2025-11-14
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Advertising & Promo, $991| Office Expenses, $4199| Information Tech, $1142| Travel, $6461| Conferences Meetings, $4828| Administrative Fees, $3600| Education Expense, $102637| Donations, $200|”

Part I, line 20

“| Explanation:, Amount:| Unrealized gain on investments, $168|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Accounts Receivable, $9568, $43497|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Deferred Revenue, $18530, $23357|”

Raw XML Appendix176 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum03123354100
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0606063515
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0202991
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0194029
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0212221
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lisa Keaton MAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kris Mueller MAI SRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Larry Disney SRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kristen Deibler MAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Derrick Scott MAI SRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Wayne Lanham MAI AI-GRS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Kyle Shelton MAI SRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Whit Darby SRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Eliott Borris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Ben Baker MAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt22nd VP
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09568
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043497
IRS990EZ/OtherChangesInNetAssetsAmt0168
IRS990EZ/OtherExpensesTotalAmt0124058
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/ProgramServiceRevenueAmt0130960
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IRS990EZ/SubjectToProxyTaxInd0true
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0147945
IRS990EZ/TotalRevenueAmt0165969
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.bluegrasschapter-ai.org
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
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IRS990ScheduleC/InternalFundsContributedAmt00
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IRS990ScheduleC/PoliticalExpendituresAmt00
IRS990ScheduleC/Section4955ManagersTaxAmt00
IRS990ScheduleC/Section4955OrganizationTaxAmt00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TotalDirectLobbyingGrp/AffiliatedGroupTotalAmt00
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IRS990ScheduleC/TotalExemptFunctionExpendAmt00
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IRS990ScheduleC/TotalGrassrootsLobbyingGrp/AffiliatedGroupTotalAmt00
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IRS990ScheduleC/TotalLobbyingExpendGrp/AffiliatedGroupTotalAmt00
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IRS990ScheduleC/VolunteerHoursCnt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Advertising & Promo, $991| Office Expenses, $4199| Information Tech, $1142| Travel, $6461| Conferences Meetings, $4828| Administrative Fees, $3600| Education Expense, $102637| Donations, $200|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, Amount:| Unrealized gain on investments, $168|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Accounts Receivable, $9568, $43497|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Deferred Revenue, $18530, $23357|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Kramer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Controller
ReturnHeader/BusinessOfficerGrp/PhoneNum03123354143
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUEGRASS CHAPTER OF THE APPRAISAL INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0BLUE
ReturnHeader/Filer/EIN0611220385
ReturnHeader/Filer/ForeignPhoneNum03123354100
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 W MADISON ST STE 2000
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606063515
ReturnHeader/ReturnTs02025-11-14T09:32:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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