Overview
What is The Appraisal Foundation?
The Appraisal Foundation is a nonprofit organization based in Washington, D.C., dedicated to enhancing the valuation profession. Throughout 2022, they resumed in-person meetings after two years of virtual sessions due to the pandemic. The focus on diversity, equity, and inclusion remained a priority, with regular diversity training for board members and staff. They also developed a consumer resource video to assist individuals navigating the appraisal process. The organization reviewed the Biden Administration's Property Appraisal and Valuation Equity (PAVE) Task Force report, implementing changes such as updating bylaws and examining governance. The Appraisal Foundation aims to advance the valuation profession by setting standards, promoting education, and upholding public trust.
Official website here: www.appraisalfoundation.org
Is The Appraisal Foundation legitimate?
The Appraisal Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Appraisal Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,186,321
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,091
For more financial information, click here
Official website here: www.appraisalfoundation.org
What is the mission statement of The Appraisal Foundation?
The Appraisal Foundation's mission is to foster growth in the valuation profession by establishing high standards, promoting education, and safeguarding public trust. This organization is dedicated to advancing its field by setting benchmarks of excellence, encouraging learning, and maintaining public confidence. In 2022, their board of trustees resumed in-person meetings after two years of virtual sessions due to the pandemic. Diversity, equity, and inclusion remained a significant focus, with training sessions and initiatives aimed at incorporating these values throughout the organization. The foundation also reviewed recommendations from the Biden Administration's Property Appraisal and Valuation Equity (PAVE) Task Force report, implementing several changes to enhance transparency and inclusivity in their governance.
Official website here: www.appraisalfoundation.org
Who is the CEO of The Appraisal Foundation?
David S Bunton is the President of The Appraisal Foundation.
Official website here: www.appraisalfoundation.org
What is the revenue of The Appraisal Foundation?
The Appraisal Foundation's revenue in 2022 was $4,780,600.
Official website here: www.appraisalfoundation.org
Who are the executives of The Appraisal Foundation and what are their salaries?
The average compensation at The Appraisal Foundation during 2022 was $117,878. There are 13 employees and 21 volunteers at The Appraisal Foundation.
Here are 28 key members and their salaries:
- David S Bunton (President) [Trustee/Director]
- Kelly Davids (Senior Vice President)
- Edna Nkemngu (Vice President, Finance & Administration)
- Lisa Desmarais (Vice President, Appraisal Issues)
- Aida Dedajic (Director, Engagements)
- Amy Timmerman (Director, Communications)
- Randall Kopfer (Chair) [Trustee/Director]
- Jeremy Gray (Immediate Past Chair) [Trustee/Director]
- Dayton D Nordin (Vice Chair) [Trustee/Director]
- Raymond Wagester (Treasurer) [Trustee/Director]
- Tracy Johnston (Secretary) [Trustee/Director]
- Cindy Rosenberg (Trustee)
- Lawrence Colorito (Trustee)
- Kiernan Kc Conway (Trustee)
- Jeff Dickstein (Trustee)
- Shaun Fitzgerald (Trustee)
- J Peter Fontana (Trustee)
- Dave Ganun (Trustee)
- Krysta Gerstner (Trustee)
- Chris Greenwalt (Trustee)
- Francois Gregoire (Trustee)
- Lawrie Hollingsworth (Trustee)
- Leigh Lester (Trustee)
- Robert Morrison (Trustee)
- Steven Sherman (Trustee)
- Robert W Taylor (Trustee)
- Edie Yeomans (Trustee (Until 9/2022))
- Shelly Tanaka (Trustee)
Official website here: www.appraisalfoundation.org
Where can I find the form 990 for The Appraisal Foundation?
The The Appraisal Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.appraisalfoundation.org
Learn more at the official website: www.appraisalfoundation.org
Mission Statement of The Appraisal Foundation
The Appraisal Foundation, a nonprofit organization, is committed to advancing the valuation profession. Their mission is to establish standards of excellence, promote education, and uphold public trust in the field. By doing so, they aim to elevate the profession and ensure transparency and reliability in appraisal practices. Throughout the year, the organization focuses on diversity, equity, and inclusion, conducting regular training sessions for trustees to foster an inclusive environment. Additionally, they collaborate with committees to create resources for consumers navigating the appraisal process. The Appraisal Foundation also reviews reports and recommendations from government task forces, implementing changes to improve transparency and representativeness in their governance structure. As part of a long-term strategic plan, they work on goals outlined in Vision 2030, which includes various projects tied to their mission.
Impact
This information is meant to be a general summary of The Appraisal Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Appraisal Foundation has a significant impact on advancing the valuation profession by setting standards of excellence, promoting education, and upholding the public trust. In 2022, the Foundation focused on key areas such as diversity, equity, and inclusion, implementing initiatives based on recommendations from the Property Appraisal and Valuation Equity (PAVE) Task Force report. The Board of Trustees took proactive steps to enhance governance, transparency, and inclusivity within the organization, resulting in a more diverse set of appointments to all three boards.
Additionally, the Foundation continued its work towards Vision 2030, a long-term strategic plan adopted in 2021, with concrete steps being taken in 2022 to achieve the outlined goals. By prioritizing these initiatives, the Appraisal Foundation ensures that it remains at the forefront of promoting excellence and trust within the valuation profession, ultimately benefiting both industry professionals and the broader community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATION REVENUE
Revenue
$4,161,431
COURSE APPROVAL PGM FE
Revenue
$118,544
INDUSTRY ADVISORY
Revenue
$78,750
NATL INSTRUCTOR COURSE
Revenue
$49,330
Organization Details
Founding Year
1987
Phone
(202) 347-7722
Principal Officer
David S Bunton
Main Address
1155 15TH STREET NW 1111, WASHINGTON, DC, 20005
Website
www.appraisalfoundation.org
NTEE Category
Code: S41 - Community improvement
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