Nonprofit · EIN 36-3998030
ILLINOIS COALITION OF APPRAISAL PROFESSIONALS
Tax-exempt · MT PROSPECT, IL 60056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $66,759 | $86,185 | -$19,426 | $107,502 | $0 | $107,502 |
| December 31, 2023 | 990 | $92,432 | $81,384 | $11,048 | $126,928 | $0 | $126,928 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $34,155
- Membership dues
- $34,155
- Program service revenue
- $29,214
- Investment income
- $3,390
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,262
- Occupancy
- $12,500
- Depreciation
- $1,684
- Program services (functional)
- $23,152
- Management and general (functional)
- $61,349
Balance sheet and other
- Total assets, start of year
- $126,928
- Total assets, end of year
- $107,502
- Total liabilities, end of year
- $0
- Net assets, end of year
- $107,502
- Gross receipts
- $66,759
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1994
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HERBERT MEYER ASFMRA | DIRECTOR - 2024 Trustee or director | 1 | $0 |
| JIM BLAYDES SRA | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| CHRIS POSEY | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| MARK WHITSITT | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| HANS DETLESEN | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| BRAD HARTOG | DIRECTOR - 2024 Trustee or director | 1 | $0 |
| RANDALL PHILLIPS | DIRECTOR - 2024 Trustee or director | 1 | $0 |
| DAVID DINDERMAN | DIRECTOR - 2024 Trustee or director | 1 | $0 |
| GREORY AKERS | DIRECTOR - 2024 Trustee or director | 1 | $0 |
| JEFF JACOBSON | EXEC-PRESIDENT Officer | 1 | $0 |
| JONATHAN MICHIE | EXEC-VICE PRESIDENT Officer | 1 | $0 |
| DANIEL BERENSCHOT | EXEC-PAST PRESIDENT Officer | 1 | $0 |
| GINA REYNOLDS | EXEC - TREASURER Officer | 1 | $0 |
| TED SCHNELLER IFAS | EXEC - SECRETARY Officer | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN Z ULMAN MAI | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| JIM BLAYDES SRA | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| BRAD HEINZ | TREASURER -2023 Trustee or director | 1 | $0 |
| GINA REYNOLDS | DIRECTOR - 2021 Trustee or director | 1 | $0 |
| RICHARD KNITTER | DIRECTOR -2021 Trustee or director | 1 | $0 |
| TED SCHNELLER IFAS | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| CHRIS POSEY | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| MARK WHITSITT | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| RANDY NEFF | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| HANS DETLESEN | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| BRUCE DARATA | DIRECTOR - 2023 Trustee or director | 1 | $0 |
| HERBERT MEYER ASFMRA | EXEC - VICE PRESIDENT Officer | 1 | $0 |
| JEFF JACOBSON | EXEC-VICE PRESIDENT Officer | 1 | $0 |
| JOHN SATTER MAI | PAST PRESIDENT Officer | 1 | $0 |
| JONATHAN MICHIE | EXEC-SECRETARY Officer | 1 | $0 |
| DAN BERENSCOT | EXEC-PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 300 W CENTRAL RD, MT PROSPECT, IL 60056-8835
- In care of
- % DONALD COCHRAN
- Principal officer (990 for 2024)
- DANIEL BERENSCHOT, 300 W CENTRAL RD, MT PROSPECT, IL 60056
- Signed the 990
- DANIEL BERENSCHOT, EXEC-PAST PRESIDENT
- Phone
- (312) 616-9403
- Website
- WWW.ICAPWEB.ORG
- Return prepared by
- KSM BUSINESS SERVICES INC
Mission
ICAP WORKS TO PROMOTE THE APPRAISAL PROFESSION AND ITS IMAGE TO THE GENERAL PUBLIC AND TO USERS OF APPRAISAL SERVICES. ICAP INITIATES DISCUSSION AND ANALYSIS OF ISSUES AFFECTING PROFESSIONAL APPRAISERS AND MONITORS POLITICAL ACTION WITH THE INTENT TO INFLUENCE LEGISLATION, REGULATION AND PUBLIC OPINION TOWARD THE APPRAISAL PROFESSION.
Program accomplishments
- ESTABLISH A COLLECTIVE VOICE IN LEGISLATIVE AND REGULATORY DEBATE THROUGH THE HIRING OF A LOBBYIST AND CONTRIBUTIONS TO POLITICAL CAMPAIGNS.Expenses $22,500
- PROVIDE LEGISLATIVE AND REGULATORY INFORMATION TO MEMBERS THROUGH NEWSLETTERS AND SEMINARS.Expenses $652 · revenue $29,214
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3998030
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $107,502
- Income (IRS master file)
- $66,759
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $66,759 | $86,185 | $107,502 | XML |
| 990 | December 2023 | $92,432 | $81,384 | $126,928 | XML |
| 990 | December 2022 | $90,107 | $99,372 | $116,987 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3998030).
Questions about ILLINOIS COALITION OF APPRAISAL PROFESSIONALS
- What is the EIN of ILLINOIS COALITION OF APPRAISAL PROFESSIONALS?
- The employer identification number (EIN) of ILLINOIS COALITION OF APPRAISAL PROFESSIONALS is 36-3998030.
- Is ILLINOIS COALITION OF APPRAISAL PROFESSIONALS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
- Are donations to ILLINOIS COALITION OF APPRAISAL PROFESSIONALS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ILLINOIS COALITION OF APPRAISAL PROFESSIONALS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ILLINOIS COALITION OF APPRAISAL PROFESSIONALS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ILLINOIS COALITION OF APPRAISAL PROFESSIONALS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ILLINOIS COALITION OF APPRAISAL PROFESSIONALS?
- The 990 for the year ended December 31, 2024 names DANIEL BERENSCHOT.
- Who are the officers and directors of ILLINOIS COALITION OF APPRAISAL PROFESSIONALS?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does ILLINOIS COALITION OF APPRAISAL PROFESSIONALS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $66,759, expenses of $86,185 and total assets of $107,502 at year end.
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