On November 18, 2016, I was sent a notification from President Scott Robinson and the AI National office announcing the Appraisal Institute Chapter Financial Management and Administration Policy. The Board of Directors of the CCAI examined the policy during our December 7, 2016 board meeting. At the CCAI board meeting, a motion to approve the Appraisal Institute Chapter Financial Management and Administration Policy was unanimously opposed by the CCAI Board of Directors. The Board of Directors of CCAI does not support this policy or the implementation of the policy and strongly urged the National Board of Directors not to move forward with its implementation.
The CCAI Chapter Board Members expressed numerous concerns dealing with the policy. These concerns include, but are not limited to, the lack of transparency with policy development, lack of chapter control of our reserve funds, lack of internal cost controls and unconstrained policy limits on the Appraisal Institute National Committees and Board of Directors controlling the finances and administration of our funds
There are many issues facing the Appraisal Institute, such as the declining number of appraisers, the aging of the membership, AI National inability to offer timely educational offerings, the stagnation of appraiser fees and their incomes, the split with the Appraisal Foundation and the disastrous AI global expansion plan. The policy change decision along with these omnipresent issues over past six years calls into question the competency of the current national leadership. The Appraisal Institute is your organization and its strength comes from you the members. I urge you to take an active role with your membership. The first action step is responding to the announcements on changes in policy or governance coming from AI National.
The end of 2016 is upon us. I had prepared my final letter to discuss our continued strong support from our corporate and member sponsors, our chapter meetings, our quality chapter developed educational offerings and our social gatherings. The feckless actions by AI National needed to be addressed. I am confident that the Chicago Chapter has the leadership in place to successfully navigate the changes and challenges we will face in 2017. Thank you to the numerous members who have generously given their time in 2016 to help improve the member experience.
I wish you a joyous and safe holiday season. It has been a great honor for me to be the 2016 President of the Chicago Chapter.
John G McMahon, SRA