COIN LAUNDRY ASSOCIATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COIN LAUNDRY ASSOCIATION (EIN 36-2439458)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-12
IRS object ID
202531329349302043
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-12T12:05:12-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363524803PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CJBS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12100 SANDERS ROAD SUITE 200AddressLine1Txt
CityNORTHBROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN362439458EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COIN LAUNDRY ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOINBusinessNameControlTxt
Phone6309537920PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line117W635 BUTTERFIELD ROAD STE 145AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN WALLACEPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone6309537920PhoneNum
Signature2025-05-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGABRIELA URSU CPAPreparerPersonNm
PTINP01776905PTIN
Phone8479452888PhoneNum
Preparation2025-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN WALLACEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line117W635 BUTTERFIELD ROAD STE 145AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,951,989GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.COINLAUNDRY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1961FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO BE THE PREEMINENT RESOURCE IN THE LAUNDRY INDUSTRY BY PROVIDING LAUNDRY OPERATORS WITH THE CONNECTIVITY, ADVOCACY, EDUCATION AND UNBIASED INDUSTRY RESEARCH REQUIRED TO GROW GREAT BUSINESS OWNER / OPERATORS.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers17TotalVolunteersCnt
Total Gross UBI$771,276TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$134,327NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$331,535PYContributionsGrantsAmt
CY Contributions Grants$474,785CYContributionsGrantsAmt
PY Program Service Revenue$1,823,965PYProgramServiceRevenueAmt
CY Program Service Revenue$1,939,581CYProgramServiceRevenueAmt
PY Investment Income$184,156PYInvestmentIncomeAmt
CY Investment Income$240,368CYInvestmentIncomeAmt
PY Other Revenue$230,159PYOtherRevenueAmt
CY Other Revenue$190,081CYOtherRevenueAmt
PY Total Revenue$2,569,815PYTotalRevenueAmt
CY Total Revenue$2,844,815CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,169,928PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,204,235CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,596,251PYOtherExpensesAmt
CY Other Expenses$1,644,115CYOtherExpensesAmt
PY Total Expenses$2,766,179PYTotalExpensesAmt
CY Total Expenses$2,848,350CYTotalExpensesAmt
PY Revenues Less Expenses-$196,364PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,535CYRevenuesLessExpensesAmt
Total Assets BOY$4,808,231TotalAssetsBOYAmt
Total Assets EOY$5,021,963TotalAssetsEOYAmt
Total Liabilities BOY$520,336TotalLiabilitiesBOYAmt
Total Liabilities EOY$559,681TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,287,895NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,462,282NetAssetsOrFundBalancesEOYAmt
MissionTO BE THE PREEMINENT RESOURCE IN THE LAUNDRY INDUSTRY BY PROVIDING LAUNDRY OPERATORS WITH THE CONNECTIVITY, ADVOCACY, EDUCATION AND UNBIASED INDUSTRY RESEARCH REQUIRED TO GROW GREAT BUSINESS OWNER / OPERATORS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$725,619ExpenseAmt
DescPLANETLAUNDRY IS THE ASSOCIATION'S PRINT AND DIGITAL PUBLICATION TARGETED TO MORE THAN 10,000 MEMBERS AND POTENTIAL INVESTORS IN THE SELF-SERVICE LAUNDRY INDUSTRY EACH MONTH. THE PRINT MAGAZINE HAS BEEN EDUCATING THE INDUSTRY ON BEST PRACTICES FOR MORE THAN 25 YEARS; AND THE PLANETLAUNDRY WEBSITE (WWW.PLANETLAUNDRY.COM) WELCOMED NEARLY 76,000 UNIQUE VISITORS IN 2024 AFFORDING ACCESSS TO THE MOST CURRENT INFORMATION ON THE LAUNDRY INDUSTRY THROUGH NEWS, BLOGS, DISCUSSION BOARDS, PODCASTS AND MORE. THE PLANETLAUNDRY BRAND HAS BECOME SYNONYMOUS WITH EXCELLENCE IN PUBLISHING FOR THE SELF-SERVICE LAUNDRY INDUSTRY AND IS THE MOST WIDELY READ PUBLICATION IN THE INDUSTRY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$485,972ExpenseAmt
DescMEMBER SERVICES DEDICATED TO IMPROVING THE PROFITABILITY AND UNDERSTANDING OF THE COIN LAUNDRY AND DRYCLEANING INDUSTRY INCLUDING INDUSTRY MARKETING AND PROVIDING EDUCATIONAL MATERIALS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$962,327ExpenseAmt
DescVARIOUS MEETINGS, WORKSHOPS AND CONFERENCES TO EDUCATE AND UPDATE MEMBERS AND OTHERS ON TOPICS RELATING TO THE COIN LAUNDRY INDUSTRY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,173,918TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRIAN WALLACEPersonNm
Phone6309537920PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line117W635 BUTTERFIELD ROAD STE 145AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
TED RISTAINO
IMMEDIATE PAST CHAIR3.500.50Yes (X)Yes (X)$0$0$0
BRIAN HOLLAND
CHAIR3.500.50Yes (X)Yes (X)$0$0$0
ROBERT E MAES
VICE-CHAIR3.500.50Yes (X)Yes (X)$0$0$0
DENNIS DIAZ
TREASURER3.500.50Yes (X)Yes (X)$0$0$0
NEAL SHAPIRO
EXECUTIVE COMMITTEE APPOINTEE3.500.50Yes (X)$0$0$0
YVETTE MORTON WILLIAMS
EXECUTIVE COMMITTEE APPOINTEE3.500.50Yes (X)$0$0$0
PAUL HANSEN
DIRECTOR1.500.50Yes (X)$0$0$0
TODD FENER
DIRECTOR1.500.50Yes (X)$0$0$0
AMANDA KONZCAL
DIRECTOR1.500.50Yes (X)$0$0$0
DANIEL MARRAZZO
DIRECTOR1.500.50Yes (X)$0$0$0
KEVIN BUTORAC
DIRECTOR1.500.50Yes (X)$0$0$0
ALEX HARRIS
DIRECTOR1.500.50Yes (X)$0$0$0
RYAN SPICER
DIRECTOR1.500.50Yes (X)$0$0$0
MARK VLASKAMP
DIRECTOR1.500.50Yes (X)$0$0$0
JENNIFER WHITNEY
DIRECTOR1.500.50Yes (X)$0$0$0
JASON FLECK
DIRECTOR1.500.50Yes (X)$0$0$0
BRIAN WALLACE
PRESIDENT & CEO37.003.00Yes (X)$279,000$0$33,631
DANIELLE BAUER
DIRECTOR OF MEMBERSHIP & EDUCATION40.00$152,891$0$15,429Yes (X)
ANTONIKA THOMAS
ADVERTISING SALES AND BUSINESS MANAGER40.00$102,650$0$10,925Yes (X)
DANIEL NAUMANN
LCF EXECUTIVE VICE PRESIDENT1.0040.00$125,000$0$5,000Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$659,541TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$64,985TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$474,785AllOtherContributionsAmt
Total Contributions$474,785TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PLANET LAUNDRY541800$771,276$771,276
REGISTRATION AND EXHIB900099$643,193$643,193
MEMBERSHIP DUES900099$525,112$525,112
FieldValueIRS element (for citing)
Total Program Service Revenue$1,939,581TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$147,122TotalRevenueColumnAmt
Exclusion$147,122ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$190,081TotalRevenueColumnAmt
Exclusion$190,081ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$200,420SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$107,174SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$93,246SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,246TotalRevenueColumnAmt
Exclusion$93,246ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,844,815TotalRevenueColumnAmt
Related Or Exempt Func Income$1,168,305RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$771,276UnrelatedBusinessRevenueAmt
Exclusion$430,449ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$320,735TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$728,078TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$31,880TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$55,625TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$67,917TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$35,878TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,557TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$34,332TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,716TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,782TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$40,243TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$81,754TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$48,033TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,622TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$669,873TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$33,422TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,270TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
INCOME TAX$18,236
PUBLICATION AND MEDIA$268,873
MEMBER MARKETING SERVIC$229,188
CONFERENCE EXPENSES$40,244

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$47,092TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,848,350TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$82,747EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,415BOYAmt
EOY$4,934EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,941BOYAmt
EOY$23,371EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$92,513BOYAmt
EOY$98,170EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$280,872LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$192,252LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$41,453BOYAmt
EOY$88,620EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,513,116BOYAmt
EOY$914,928EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$3,742,758EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$102,793BOYAmt
EOY$66,435EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,808,231BOYAmt
EOY$5,021,963EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$80,400BOYAmt
EOY$203,910EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$267,797BOYAmt
EOY$214,531EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$172,139BOYAmt
EOY$141,240EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$520,336BOYAmt
EOY$559,681EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,141,934BOYAmt
EOY$4,369,607EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$145,961BOYAmt
EOY$92,675EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,287,895BOYAmt
EOY$4,462,282EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,808,231BOYAmt
EOY$5,021,963EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$3,535ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$177,922NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$525,112DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$34,332NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$49,369NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$83,701NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$26,256AggregateReportedDuesNtcAmt
Carried Over$57,445CarriedOverAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$73,294OtherCostOrOtherBasisAmt
Depreciation$55,576DepreciationAmt
Book Value$17,718BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$207,578OtherCostOrOtherBasisAmt
Depreciation$136,676DepreciationAmt
Book Value$70,902BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$88,620TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENTSDesc
Book Value$3,742,758BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$3,742,758TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITIES$45,240
DEFERRED COMPENSATION$96,000
FieldValueIRS element (for citing)
Total Liability$141,240TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,004,021TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$177,922NetUnrealizedGainsInvstAmt
Revenue Not Reported$177,922RevenueNotReportedAmt
Revenue Subtotal$2,826,099RevenueSubtotalAmt
Investment Expenses Not Incld$18,716InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$18,716RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,844,815TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,829,634TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,829,634ExpensesSubtotalAmt
Investment Expenses Not Incld2$18,716InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$18,716ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,848,350TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION FOLLOWS THE GUIDANCE OF ACCOUNTING STANDARDS CODIFICATION (ASC 740), ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAINTIES IN INCOME TAXES, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE ARE NO SUCH UNCERTAIN TAX POSITIONS FOR THE ORGANIZATION FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. FOR FEDERAL INCOME TAX PURPOSES, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRIAN WALLACE
PRESIDENT & CEO$244,000$0$35,000$0$0$0$23,720$0$9,911$0$312,631$0$0$0
DANIELLE BAUER
DIRECTOR OF MEMBERSHIP & EDUCATION$145,391$0$7,500$0$0$0$6,116$0$9,313$0$168,320$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6ONE CLASS OF MEMBERSHIP: A. ACTIVE MEMBERSHIP SHALL BE OPEN TO ANY INDIVIDUAL, PARTNERSHIP, CORPORATION OR OTHER ENTITY ENGAGED IN OR HAVING INTEREST IN OWNING ONE OR MORE OF THE FOLLOWING BUSINESSES: 1) MANUFACTURING SELF-SERVICE LAUNDRY EQUIPMENT; 2) SELLING, AS A DISTRIBUTOR, SUCH EQUIPMENT OR SUPPLIES FOR SUCH EQUIPMENT; 3)OWNING AND OPERATING A SELF-SERVICE LAUNDRY ESTABLISHMENT, OR A COMBINATION OF THE THREE AND 4)CONDUCTING OTHER BUSINESS OR PROFESSIONAL ACTIVITIES RELATED TO THE SELF-SERVICE LAUNDRY INDUSTRY. ACTIVE MEMBERS SHALL HAVE THE RIGHT TO VOTE AND HOLD OFFICE.
FORM 990, PART VI, SECTION A, LINE 7AALL MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11BTHE PRESIDENT/CEO REVIEWS THE 990 PRIOR TO SIGNING THE RETURNS.
FORM 990, PART VI, SECTION B, LINE 12CANY POSSIBLE CONFLICT OF INTERESTS ON THE PART OF ANY BOARD MEMBER SHOULD BE DISCLOSED TO THE OTHER BOARD MEMBERS AND MADE A MATTER OF RECORD, EITHER THROUGH AN ANNUAL PROCEDURE OR WHEN THE INTEREST BECOMES A MATTER OF BOARD ACTION.
FORM 990, PART VI, SECTION B, LINE 15DETERMINING COMPENSATION FOR THE PRESIDENT/CEO BEGINS WITH THE BOARD OF DIRECTORS APPOINTING A COMPENSATION COMMITTEE. THEN, CUSTOM COMPENSATION SURVEYS ARE ORDERED FROM BOTH ASAE AND THE ASSOCIATION FORUM OF CHICAGOLAND. THE SURVEYS ARE USED TO BENCHMARK APPROPRIATE COMPENSATION FOR THE ASSOCIATION'S PRESIDENT/CEO BASED ON STAFF SIZE, BUDGET, AND SCOPE OF RESPONSIBILITIES. AFTER A MUTUALLY AGREEABLE FRAMEWORK FOR AN EMPLOYMENT CONTRACT IS REACHED WITH THE PRESIDENT/CEO, THE COMPENSATION COMMITTEE PRESENTS ITS RECOMMENDATION TO THE ASSOCIATION BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION FOR ASSOCIATION'S KEY EMPLOYEES OTHER THAN THE PRESIDENT/CEO IS RESPONSIBILITY OF THE PRESIDENT/CEO WHO AGAIN USES THE RESULTS OF COMPENSATION SURVEYS TO BENCHMARK COMPENSATION FOR THOSE POSITIONS.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE ASSOCIATION HAS AN EXECUTIVE COMMITTEE (BOARD MEMBERS) THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LAUNDRYCARES FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line117W635 BUTTERFIELD RD SUITE 145AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
EIN204504242EIN
Primary ActivitiesFOUNDATIONPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1COIN LAUNDRY ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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