Overview
What is Coin Laundry Association?
The Coin Laundry Association (CLA) is a nonprofit organization dedicated to supporting the self-service laundry industry. With a focus on its members and potential investors, CLA has been providing industry insights for over two decades through its publication, PlanetLaundry. This magazine, both in print and digital form, offers valuable information on best practices, attracting an impressive 11,100 readers each month. The PlanetLaundry website also serves as a hub for the latest laundry industry news, drawing nearly 72,500 unique visitors in 2022. The association strives to promote industry growth, serve the public, and keep members informed about relevant developments. With a workforce of 11, CLA serves as a vital resource for the self-service laundry sector, fostering its development and enhancing its service quality.
Official website here: www.coinlaundry.org
Is Coin Laundry Association legitimate?
Coin Laundry Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Coin Laundry Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $279,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $721,871
For more financial information, click here
Official website here: www.coinlaundry.org
What is the mission statement of Coin Laundry Association?
The Coin Laundry Association, being a voluntary and nonprofit organization, is committed to promoting the interests of the self-service laundry industry. Their primary goal is to enhance the industry's service to the public, keep members informed about developments in the field, and advocate for the industry's interests through lawful trade association activities. The association achieves this mission through various means, including the publication of PlanetLaundry, a print and digital resource that educates over 11,100 members and potential investors on best practices in the industry. In 2022, the PlanetLaundry website attracted nearly 72,500 unique visitors, providing access to the most current information on the laundry industry through news, blogs, discussion boards, podcasts, and more. The PlanetLaundry brand is synonymous with excellence in publishing within the self-service laundry industry and is the most widely read publication in the field.
Official website here: www.coinlaundry.org
Who is the CEO of Coin Laundry Association?
Brian Wallace is the Chair of Coin Laundry Association. The CEO's salary of Coin Laundry Association is $244,212 and their total compensation is $269,338.
Official website here: www.coinlaundry.org
What is the revenue of Coin Laundry Association?
Coin Laundry Association's revenue in 2022 was $2,095,086.
Official website here: www.coinlaundry.org
Who are the executives of Coin Laundry Association and what are their salaries?
The average compensation at Coin Laundry Association during 2022 was $91,019. There are 11 employees and 16 volunteers at Coin Laundry Association.
Here are 18 key members and their salaries (Coin Laundry Association's CEO's salary is $244,212 and their total compensation is $269,338):
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- Compensation: $244,212
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- Compensation: $132,324
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- Other: $15,133
- Compensation: $109,173
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- Other: $14,502
Official website here: www.coinlaundry.org
Where can I find the form 990 for Coin Laundry Association?
Coin Laundry Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coinlaundry.org
Learn more at the official website: www.coinlaundry.org
Mission Statement of Coin Laundry Association
The Coin Laundry Association, a voluntary and nonprofit trade organization, is dedicated to advancing the interests of the self-service laundry industry. Its mission is threefold: firstly, it strives to enhance the service provided to the public; secondly, it aims to keep its members informed about industry developments; and lastly, it works towards promoting the overall interests of the coin laundry sector through lawful trade association activities. This mission is carried out through various means, such as the publication of PlanetLaundry, a print and digital magazine that reaches over 11,100 members and potential investors in the self-service laundry industry each month. The magazine, which has been educating the industry on best practices for over 25 years, provides current information on the laundry industry through news, blogs, podcasts, and other resources. The PlanetLaundry brand is synonymous with excellence in publishing for the self-service laundry industry and is widely recognized as the most widely read publication in the sector.
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Impact
October, 2024
The Coin Laundry Association plays a vital role in advancing the self-service laundry industry by serving as a dedicated trade association that advocates for the interests of its members. By improving service standards and providing essential information, the association fosters a community of best practices, ensuring that laundry businesses operate effectively and efficiently.
One of its significant contributions is the publication "PlanetLaundry," which reaches over 11,100 members and potential investors monthly. For over 25 years, this publication has been a cornerstone for education within the industry, delivering insights into best practices, trends, and developments. The PlanetLaundry website, with nearly 72,500 unique visitors in 2022, offers a comprehensive platform for up-to-date information, including news, blogs, discussion boards, and podcasts, making it a top resource for laundry professionals.
Through these efforts, the Coin Laundry Association not only enhances the knowledge and skills of industry members but also contributes to the overall improvement of community services within the self-service laundry sector. As a result, it plays a crucial role in propelling the industry forward, promoting excellence, and ensuring that the self-service laundry sector meets customer needs more effectively.
This information is meant to be a general summary of Coin Laundry Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $126,509
- Program Service Revenue: $1,635,415
- Gross Receipts: $2,520,704
Assets and Liabilities:
- Total Assets: $4,685,793
- Total Liabilities: $566,904
- Net Assets: $4,118,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$481,621
PLANET LAUNDRY
Revenue
$462,058
WEB AND E-NEWSLETTER
Revenue
$331,325
WDF MEETING
Revenue
$149,729
CLEAN SHOW
Revenue
$101,312
Organization Details
Founding Year
1961
Phone
(630) 953-7920Principal Officer
Brian Wallace
Main Address
17W635 BUTTERFIELD ROAD 145, OAKBROOK TERRACE, IL, 60181
Website
www.coinlaundry.orgNTEE Category
Code: S41 - Community improvement
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