COIN LAUNDRY ASSOCIATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
COIN LAUNDRY ASSOCIATION (EIN 36-2439458)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-08
IRS object ID
202143129349303649
Schema version
2020v4.1
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)
Return2021-11-08T21:50:04-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363963131PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MANN WEITZ & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 DEER LAKE ROAD SUITE 125AddressLine1Txt
CityDEERFIELDCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

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 NO 145AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN WALLACEPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone6309635547PhoneNum
Signature2021-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBRIANPersonFirstNm
Person LastWALLACEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARCY STEINDLERPreparerPersonNm
PTINP00573131PTIN
Phone8472673400PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN WALLACEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line117W635 BUTTERFIELD ROAD NO 145AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,882,753GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.COINLAUNDRY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1961FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionCLA IS A VOLUNTARY, NONPROFIT TRADE ASSOCIATION ORGANIZED TO FOSTER THE INTERESTS OF THE SELF-SERVICE LAUNDRY INDUSTRY, TO IMPROVE ITS SERVICE TO THE PUBLIC, TO INFORM ITS MEMBERS OF THE DEVELOPMENTS AFFECTING THE INDUSTRY, AND TO OTHERWISE PROMOTE THE INTERESTS OF THE INDUSTRY THROUGH THE CONDUCT OF LAWFUL TRADE ASSOCIATION ACTIVITIES.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$601,470TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$66,814NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$152,814PYContributionsGrantsAmt
CY Contributions Grants$10,763CYContributionsGrantsAmt
PY Program Service Revenue$1,546,053PYProgramServiceRevenueAmt
CY Program Service Revenue$1,194,822CYProgramServiceRevenueAmt
PY Investment Income$3,863,488PYInvestmentIncomeAmt
CY Investment Income$92,287CYInvestmentIncomeAmt
PY Other Revenue$126,386PYOtherRevenueAmt
CY Other Revenue$133,196CYOtherRevenueAmt
PY Total Revenue$5,688,741PYTotalRevenueAmt
CY Total Revenue$1,431,068CYTotalRevenueAmt
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$1,200,658PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,080,888CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,116,066PYOtherExpensesAmt
CY Other Expenses$646,393CYOtherExpensesAmt
PY Total Expenses$2,316,724PYTotalExpensesAmt
CY Total Expenses$1,727,281CYTotalExpensesAmt
PY Revenues Less Expenses$3,372,017PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$296,213CYRevenuesLessExpensesAmt
Total Assets BOY$4,961,531TotalAssetsBOYAmt
Total Assets EOY$5,459,531TotalAssetsEOYAmt
Total Liabilities BOY$120,370TotalLiabilitiesBOYAmt
Total Liabilities EOY$361,774TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,841,161NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,097,757NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO FOSTER THE INTERESTS, IMPROVE SERVICE TO THE PUBLIC, INFORM MEMBERS OF DEVELOPMENTS AND PROMOTE THE INTERESTS OF THE COIN LAUNDRY INDUSTRY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPLANETLAUNDRY IS THE ASSOCIATION'S PRINT AND DIGITAL PUBLICATION TARGETED TO MORE THAN 11,100 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 71,200 UNIQUE VISITORS IN 2020 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)
DescMEMBER SERVICES DEDICATED TO IMPROVING THE PROFITABILITY AND UNDERSTANDING OF THE COIN LAUNDRY AND DRYCLEANING INDUSTRY INCLUDING INDUSTRY MARKETING AND PROVIDING EDUCATIONAL MATERIALSDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTHE COIN LAUNDRY ASSOCIATION (CLA) LAUNCHED CLA CONNECT LIVE TO BRING PROFESSIONALS IN THE LAUNDRY INDUSTRY TOGETHER WITH THE INTENT OF HOLDING MORE MEETINGS IN MORE PLACES FOR MORE MEMBERS. CLA CONNECT LIVE BUILDS ON THE SUCCESS OF THE CLA CONNECT ONLINE AND OFFERS OPPORTUNITIES TO SHARE RESOURCES AND BEST PRACTICES AT FACE-TO-FACE EVENTS. THE GOAL OF CLA CONNECT LIVE IS TO BRING TOGETHER NEW AND POTENTIAL STORE OWNERS, DISTRIBUTORS AND MANUFACTURERS TO BUILD A COMMUNITY OF MUTUAL INTEREST, PROVIDE EXCELLENT CUSTOMER SERVICE AND POSITIVELY SERVE OUR COMMUNITIES. WE WILL DO THIS THROUGH ONGOING, INCLUSIVE, NON-BIASED, LOCAL FORUMS THAT PROVIDE: HIGH-QUALITY CONTINUOUS EDUCATION, ADVOCACY FOR FINANCIAL OPPORTUNITIES AND KEY GOVERNMENT ISSUES, SUCH AS STATE SALES TAX.EXPOSURE TO AND PARTICIPATION IN LAUNDRYCARES COMMUNITY SERVICE, OPPORTUNITIES TO NETWORK AND SHARE BEST PRACTICES WITH PEERS AND INDUSTRY, VISIBILITY TO KEY CLA INITIATIVES, EXECUTIVES AND BOARD OF DIRECTORS.COIN LAUNDRY ASSOCIATION (CLA) PLAYED A VITAL ROLE IN HELPING ITS MEMBERS AND THE INDUSTRY NAVIGATE THE CHALLENGES PRESENTED BY THE COVID-19 PANDEMIC INCLUDING: ADVOCATING FOR LAUNDROMATS TO BE DEEMED ESSENTIAL BUSINESSES BY STATE AND FEDERAL AUTHORITIES; PROVIDED INFORMATION AND ADVOCACY IN LIGHT OF THE QUARTER SHORTAGE; AND PROVIDED REGULAR VIDEO UPDATES AND EDUCATIONAL WEBINARS ON A NUMBER OF TOPICS RELATED TO MAINTAINING SAFER FACILITIES. CLA ALSO ADDED MORE SERVICES TO ITS CLA BUSINESS SOLUTIONS PORTFOLIO AIMED TO HELP LAUNDROMAT OWNERS ACCESS VETTED VENDORS FOR THE SUPPORT SERVICES THEY NEED TO RUN THEIR BUSINESSES MORE EFFICIENTLY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
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)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 Sec0ReportInvestmentsOtherSecInd
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 Document6IRPDocumentCnt
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 Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
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 ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIAN WALLACEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6309537920PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
BRIAN GRELL
CHAIR1.000.50Yes (X)Yes (X)$0$0$0
DARYL JOHNSON
CHAIR-ELECT1.000.50Yes (X)Yes (X)$0$0$0
JOEL JORGENSEN
IMMEDIATE PAST CHAIR1.000.50Yes (X)Yes (X)$0$0$0
TED RISTAINO
CHAIR ELECT1.00Yes (X)Yes (X)$0$0$0
BRIAN HOLLAND
TREASURER1.000.50Yes (X)Yes (X)$0$0$0
STEVE MARCIONETTI
DIRECTOR1.00Yes (X)$0$0$0
RUSSELL W ARBUCKLE
DIRECTOR1.00Yes (X)$0$0$0
ROBERT E MAES
DIRECTOR1.00Yes (X)$0$0$0
KATHRYN ROWEN
DIRECTOR1.000.50Yes (X)$0$0$0
TODD FENER
DIRECTOR1.00Yes (X)$0$0$0
DENNIS DIAZ
DIRECTOR1.000.50Yes (X)$0$0$0
NEAL SHAPIRO
DIRECTOR1.000.50Yes (X)$0$0$0
PAUL PETTEFER
DIRECTOR1.00Yes (X)$0$0$0
PEGGY ANN CONRAD
DIRECTOR1.00Yes (X)$0$0$0
BRIAN BRUNCKHORST
DIRECTOR1.00Yes (X)$0$0$0
KEN BARRETT
DIRECTOR1.00Yes (X)$0$0$0
DANIEL MARRAZZO
DIRECTOR1.00Yes (X)$0$0$0
PAUL HANSEN
DIRECTOR1.00Yes (X)$0$0$0
BRIAN WALLACE
PRESIDENT & CEO40.002.00Yes (X)$239,115$0$29,977
DANIELLE BAUER
DIR. OF MEMBERSHIP37.50$123,352$0$13,591Yes (X)
RICHARD CRUZ
DIR. OF MARKETING AND ONLINE DEVELOPMENT37.50$101,807$0$5,858Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$464,274TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$49,426TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$10,763AllOtherContributionsAmt
Total Contributions$10,763TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
DUES900099$495,591$495,591
PLANET LAUNDRY541800$417,297$417,297
WEB AND E-NEWSLETTER541800$184,173$184,173
ALLOCATED EXP REIMBURS900099$72,731$72,731
TRAINING AND EDUCATION611430$25,030$25,030
FieldValueIRS element (for citing)
Total Program Service Revenue$1,194,822TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$92,007TotalRevenueColumnAmt
Exclusion$92,007ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$133,196TotalRevenueColumnAmt
Exclusion$133,196ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$451,965SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$451,685SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$280SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$280TotalRevenueColumnAmt
Exclusion$280ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,431,068TotalRevenueColumnAmt
Related Or Exempt Func Income$593,352RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$601,470UnrelatedBusinessRevenueAmt
Exclusion$225,483ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$269,092TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$655,774TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$30,581TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$61,508TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$63,933TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,340TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$51,546TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$22,000TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,785TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$61,443TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$84,816TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$68,441TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,436TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$20,061TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$38,811TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,251TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PUBS & ONLINE MEDIA$160,507
RECRUITMENT & RETENTION$89,533
FED & STATE INC TAXES$8,700
MISCELLANEOUS$723

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,727,281TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,243,031BOYAmt
EOY$220,146EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$540,598BOYAmt
EOY$78,776EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$96,602BOYAmt
EOY$91,771EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$147,297LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$96,939LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$71,834BOYAmt
EOY$50,358EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$5,009,092EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$9,466BOYAmt
EOY$9,388EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,961,531BOYAmt
EOY$5,459,531EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,792BOYAmt
EOY$21,275EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$43,578BOYAmt
EOY$280,499EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$54,000BOYAmt
EOY$60,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$120,370BOYAmt
EOY$361,774EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,528,614BOYAmt
EOY$4,798,510EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$312,547BOYAmt
EOY$299,247EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,841,161BOYAmt
EOY$5,097,757EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,961,531BOYAmt
EOY$5,459,531EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$296,213ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$761,992NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$209,183PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$495,704DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$22,000NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$22,000NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$24,893AggregateReportedDuesNtcAmt
Taxable-$2,893TaxableAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,799OtherCostOrOtherBasisAmt
Depreciation$24,575DepreciationAmt
Book Value$15,224BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$107,498OtherCostOrOtherBasisAmt
Depreciation$72,364DepreciationAmt
Book Value$35,134BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$50,358TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED COMPENSATIONDesc
Amt$60,000Amt
FieldValueIRS element (for citing)
Total Liability$60,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,182,275TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$761,992NetUnrealizedGainsInvstAmt
Revenue Not Reported$761,992RevenueNotReportedAmt
Revenue Subtotal$1,420,283RevenueSubtotalAmt
Investment Expenses Not Incld$10,785InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$10,785RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,431,068TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,716,496TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,716,496ExpensesSubtotalAmt
Investment Expenses Not Incld2$10,785InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$10,785ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,727,281TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2020, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS.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

FieldValueIRS element (for citing)
PersonBRIAN WALLACEPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$230,615BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$8,500BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$12,625DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$17,352NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$269,092TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6TWO CLASSES 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. B. SUSTAINING MEMBERSHIP SHALL BE OPEN TO ANY INDIVIDUAL, PARTNERSHIP, CORPORATION OR OTHER ENTITY NOT ELIGIBLE FOR ACTIVE MEMBERSHIP, BUT WHICH HAS BEEN AN ACTIVE MEMBER FOR AT LEAST THREE YEARS. SUSTAINING MEMBERS DO NOT HAVE VOTING RIGHTS.
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 CLA'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 CLA BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION FOR CLA'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.

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 Status170(B)(1) (A)(VI)PublicCharityStatusTxt

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 OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
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

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1LAUNDRYCARES FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeOTransactionTypeTxt
Involved$87,847InvolvedAmt
Method Of Amount DeterminationPER ALLOCATIONMethodOfAmountDeterminationTxt

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