The Appraisal Institute would like to recognize some of the brightest, most committed and deserving AI professionals. If you believe you know an AI professional who fits the criteria for either the Lifetime Achievement Award or the Outstanding Service Award, please nominate that person. Submissions for the Lifetime Achievement Award and the Outstanding Service Award must be completed by April 14. Announcements of the awards will take place at the Appraisal Institute’s International Valuation Conference June 8-11 in Ottawa, Ontario, Canada.
Lifetime Achievement: The Lifetime Achievement Award is presented to an AI professional who best demonstrates high ethical standards; contributed to the Appraisal Institute at the chapter, regional, national and/or international level(s); provided service to his or her community; and contributed to the appraisal profession. A minimum of 20 years of service is recommended to be eligible for this award.
Outstanding Service: The Outstanding Service Award is presented to an AI professional who has contributed ideas, service hours and dedication to ensure a specific program or effort is implemented at either the chapter, region, national and/or international level(s). This AI professional must be instrumental to the success of the program or effort, which also must be far enough along to measure and provide proof of success. Additionally, the program or effort must be beneficial to chapters, regions, national, international, Designated Members, Candidates, Affiliates, Practicing Affiliates and/or the profession.
For more information or to nominate an AI professional, click here
The Appraisal Institute and the Appraisal Institute of Canada will co-host the International Valuation Conference, which will be held June 8-11, in Ottawa, Ontario, Canada.
The keynote speaker is Dr. Joe MacInnis, a physician, scientist, author and deep-sea explorer. He is a leadership and teamwork expert who has led or participated in more than 50 of the world’s most important expeditions and has logged more time beneath the surface of the Arctic Ocean than any other scientist. MacInnis also was among the first to dive to the Titanic wreckage.
Attendees at this year’s conference can expect:
• Interesting and informative speakers;
• Exhibits of valuation products and services;
• Opportunities to network with peers;
• An awards dinner and reception;
• Extensive education session options; and
• Chances to explore the city of Ottawa.
Get recognized for your hard work and achievements during the past year! The national office is now accepting applications for the 2017 Chapter Awards Program. The following awards will be presented to winning chapters at the 2017 Chapter Leadership Program in Chicago, Oct. 26-27:
• State Government Relations Award
• Newsletter Award
• Hot Topic/Special Projects Award
The deadline to apply is July 1
. Learn more
about the 2017 Chapter Awards and apply online.
The 2018 National Leadership Resource Registry is now open for submissions! To be considered for national committees, individuals must express their interests within the Registry by Sept. 1
. To access the Registry click here
, then log on to the Appraisal Institute website.
Even if individuals submitted their interests into the Registry last year and there are no changes to their preferences, they will need to log back into the Registry. If preferences are unchanged, there is a box that can be checked to have the interests moved into the 2018 Registry. Individuals also can change or express new interests.
If an individual would like to develop certain skills before serving on a national committee, please have them consider joining a panel in their area of interest. Groups are appointed from panels to study specific topics for committee review. Joining a panel will allow people to serve for a shorter time commitment until they are ready to devote the hours demanded for committee service.
We thank everyone in advance for indicating their preferences in the Registry. We look forward to a strong response, which will help to broaden the base of participation in the organization and serve as a source of new ideas and growth.
MINIMUM CHAPTER CRITERIA
All chapters must file Form 990 or 990EZ with the IRS by May 15 if the chapter’s annual gross receipts are $50,000 or more. Chapters whose annual gross receipts are less than $50,000 are required to file form 990-N, Electronic Notice (e-postcard). Failure to file form 990, 990EZ or 990-N may result in the chapter’s exempt status being revoked by the IRS.
Chapters whose annual gross receipts are less than $200,000 and whose total assets at the end of the tax year are less than $500,000 may file Form 990EZ with the IRS by May 15. Chapters that do not meet either one of these criteria must file Form 990.
IRS guidelines indicate that an organization’s gross receipts are considered normally to be $50,000 or less per year if the organization has averaged $50,000 or less in gross receipts for the previous three tax years, including the year for which the return would be filed.
Chapters are required to submit a copy of the tax return to AI national at the same time it is filed with the IRS. If a chapter files for an extension to file Form 990, a copy of the extension request must be submitted to the national office. Submit your federal and state (where applicable) tax returns on the Minimum Chapter Criteria Report website by May 15.
Per Regulation 8, chapter elections must be held prior to June 30
. Also per the regulation, your Chapter Nominating Committee shall deliver its report to the Chapter Secretary no fewer than 30 days prior to the election, and the Chapter Secretary shall deliver in writing a copy of the report to all those eligible to vote no fewer than 25 days prior to the election date. (Note: additional nominations can be made following the process detailed in your bylaws or on page 11 of the Chapter Operations Manual.
Individuals with chapter access to the Knowledge Center will now be able to see the Instructor Materials for the programs they are set to offer, which will assist them if instructors need materials. Also, the Education Committee now allows solution booklets to be sent direct ship to student in advance or to be immediately downloaded by registrants on the Knowledge Center. If students are receiving their materials direct ship or by download, then solutions will only need to be ordered for on-site pick up.
Please note that there are a handful of temporary exceptions to this process as our development staff works on content changes and updates. Please see list of courses affected.
• Advanced Market Analysis and Highest and Best Use
• Case Studies in Appraising Green Residential Buildings
• Quantitative Analysis
• Residential & Commercial Valuation of Solar
• Review Case Studies-General
• Review Case Studies-Residential
• Valuation of Conservation Easements