Coin Laundry Association EIN 36-2439458 Form 990 (PDF) Claim this org

Coin Laundry Association

Not yet claimed Claim this org →

Empowers laundry operators with resources, advocacy, and research to grow their businesses. For fiscal year 2025 it reported $3.2M in revenue, $3.2M in expenses, and $4.4M in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Oakbrook Ter, IL
Website
www.coinlaundry.org
Filings
6 on file (2020–2025)
Revenue
$3.2MFY2025
Expenses
$3.2M
Net assets
$4.4M
People
21
Filings
6
Updates
0
More identity details & actions ⌄
EIN  36-2439458 Business league / trade association Oakbrook Ter, IL
Form 990 (PDF)
Compare with another nonprofit →
Figures match the IRS filing checked 8/28/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Coin Laundry Association claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Empowers laundry operators with resources, advocacy, and research to grow their businesses.
Leadership
Brian Wallace · President & CEO · $323K
Money in and out
$3.2M revenue, $3.2M expenses
Bottom line
+1% operating surplus
Membership & operating revenue · FY2025
Total revenue
$3.2M
Pt VIII · Ln 12
Total expenses
$3.2M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $33K
Where spending went · Part IX cols B–D
Program services $0.77
Operating surplus
+1%
revenue over expenses▲ ×10 vs prior filing year
Earned revenue
61%
of revenue from program services & dues▼ -11% vs prior filing year
Payroll share
39%
of spending is salaries & benefits▼ -8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$3.2M
FY2025▲ +13%
Expenses
$3.2M
FY2025▲ +12%
Total assets
$5.1M
FY2025▲ +2%
Total liabilities
$688K
FY2025▲ +23%
Total revenue
$3.2M
Pt VIII · Ln 12
Total expenses
$3.2M
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$5.1M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCoin Laundry Association
EINHdr · item D36-2439458
Principal addressHdr · item COakbrook Ter, IL
WebsiteHdr · item Jwww.coinlaundry.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFAug 1962

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$323,468Pt VII · Sec A
Director of Membership & E
$161,160Pt VII · Sec A
Lcf Executive Vice Preside
$134,600Pt VII · Sec A
Advertising Sales and Busi
$114,828Pt VII · Sec A
Director of Finance and Human Resources
$105,110Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Brian Wallace’s $323K as President & CEO is at the 89th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brian Wallace$323,468$279,000$255,340$244,212$240,102$239,115
Danielle Bauer$161,160$152,891$137,173$132,324$129,586$123,352
Daniel Naumann$134,600$125,000
Antonika Thomas$114,828$102,650
Martha Lara$109,173
Christina Gonzalez$105,110
Richard Cruz$101,807

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Coin Laundry Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $2.4M of program spending, described in the organization's own filed words · FY2025.
01

Planetlaundry 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…

$918Kprogram expense
02

Various meetings, workshops and conferences to educate and update members and others on topics relating to the coin laundry industry.

$884Kprogram expense
03

Member services dedicated to improving the profitability and understanding of the coin laundry and drycleaning industry including industry marketing and providing educational materials.

$597Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$2.0M · 61%
Investment income$553K · 17%
Contributions & grants$491K · 15%
Other revenue$220K · 7%
Program service revenue61%$2.0M
Investment income17%$553K
Contributions & grants15%$491K
Other revenue7%$220K
Total revenueLn 12$3.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77
Program services77%$2.5M
Total functional expensesLn 25$3.2M

Balance Sheet

Part X · end of year
CashLn 1$113K
Total assetsLn 16$5.1M
Total liabilitiesLn 26$688K
Total net assetsLn 32$4.4M
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.6M · Operating expenses/yr $3.2M
17.4 months
Where the money goes
Program services
Program services — · Total expenses $3.2M
Management & General
Management & general — · Total expenses $3.2M
Fundraising
Fundraising — · Total expenses $3.2M
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $491K · Total revenue $3.2M
15%
Government reliance
Government grants — · Total revenue $3.2M
Earned-income share
Program service revenue $2.0M · Total revenue $3.2M
61%
Investment reliance
Investment income $553K · Total revenue $3.2M
+17%
Program self-sufficiency
Program service revenue $2.0M · Total expenses $3.2M
61%
Growth & trend
Revenue growth (YoY)
This year $3.2M · Prior year $2.8M
+13%
Revenue CAGR
FY2020 $1.4M · FY2025 $3.2M
+18%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year $4.5M
-0.4%
Balance sheet
Surplus Margin
Revenue $3.2M · Expenses $3.2M
+1%
Liabilities-to-Assets
Total liabilities $688K · Total assets $5.1M
13%
Net-asset ratio
Net assets $4.4M · Total assets $5.1M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $540K · Other securities (Pt X, ln 12) $4.0M · Total assets (Pt X, ln 16) $5.1M
88%
People & payroll
Highest Reported Total Compensation
Individual Brian Wallace · Reported title PRESIDENT & CEO · Highest reported compensation $323K · Total expenses $3.2M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.2M · Total expenses $3.2M
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Fundraising cost ratio 0%
Revenue growth 13%
Investment management fee ratio 0.4%
Legal fee ratio 0.6%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$6K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.2M revenue · viewing · ⤓ 990 PDF
FY2024$2.8M revenue · ⤓ 990 PDF
FY2023$2.6M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$1.9M revenue · ⤓ 990 PDF
FY2020$1.4M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.