COIN LAUNDRY ASSOCIATION

EIN: 362439458 Community Improvement

OAKBROOK TERRACE, IL

Total Revenue
$3,222,553
Total Expenses
$3,189,367
Total Assets
$5,131,552
Net Assets
$4,443,185
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
IL
Principal Officer
BRIAN WALLACE
Phone
6309537920
Tax Period
2025-01-01 to 2025-12-31

COIN LAUNDRY ASSOCIATION, founded in 1961, is a community nonprofit in the Community Improvement sector that reported $3.2M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $491,211
Program Service Revenue $1,958,835
Investment Income $552,864
Other Revenue $219,643
TOTAL REVENUE $3,222,553

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,246,756
Fundraising Expenses $0
Program Expenses $2,451,482
Other Expenses $1,942,611
TOTAL EXPENSES $3,189,367

Year-over-Year Comparison

2025 2024 Change
Revenue $3,222,553 $2,844,815 +0.1%
Expenses $3,189,367 $2,848,350 +0.1%
Net Income $33,186 $-3,535 -10.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
11
Volunteers
16

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$355,899
Total Directors
16
$0
Key Employees
1
$179,745
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HOLLAND IMMEDIATE PAST CHAIR 3.50
Officer Director
$0 $0 $0
ROBERT E MAES CHAIR 3.50
Officer Director
$0 $0 $0
NEAL SHAPIRO CHAIR-ELECT 3.50
Officer Director
$0 $0 $0
DENNIS DIAZ TREASURER 3.50
Officer Director
$0 $0 $0
YVETTE MORTON WILLIAMS EXECUTIVE COMMITTEE APPOIN 3.50
Director
$0 $0 $0
PAUL HANSEN DIRECTOR 1.50
Director
$0 $0 $0
ALEX HARRIS DIRECTOR 1.50
Director
$0 $0 $0
AMANDA KONCZAL DIRECTOR 1.50
Director
$0 $0 $0
JASON FLECK DIRECTOR 1.50
Director
$0 $0 $0
KEVIN BUTORAC DIRECTOR 1.50
Director
$0 $0 $0
CHRIS SCHULTZ DIRECTOR 1.50
Director
$0 $0 $0
RYAN SPICER DIRECTOR 1.50
Director
$0 $0 $0
PETER MAYBERRY DIRECTOR 1.50
Director
$0 $0 $0
ROSS DODDS DIRECTOR 1.50
Director
$0 $0 $0
ALAA ELBANNA DIRECTOR 1.50
Director
$0 $0 $0
JAMIE SEWELL DIRECTOR 1.50
Director
$0 $0 $0
BRIAN WALLACE PRESIDENT & CEO 37.00
Officer
$323,468 $32,431 $355,899
DANIELLE BAUER DIRECTOR OF MEMBERSHIP & E 40.00
Key Emp
$161,160 $18,585 $179,745
ANTONIKA THOMAS ADVERTISING SALES AND BUSI 40.00
Highest
$114,828 $12,663 $127,491
DANIEL NAUMANN LCF EXECUTIVE VICE PRESIDE 1.00
Highest
$134,600 $6,624 $141,224
CHRISTINA GONZALEZ DIRECTOR OF FINANCE AND HUMAN RESOURCES 33.00
Highest
$105,110 $11,957 $117,067
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,222,553 $3,189,367 $5,131,552 $33,186
2024 No data No data No data No data
2023 $2,569,815 $2,766,179 $4,808,231 $-196,364
2022 $2,095,086 $2,436,853 $4,685,793 $-341,767
2021 $1,925,737 $1,967,791 $5,762,478 $-42,054
2020 $1,431,068 $1,727,281 $5,459,531 $-296,213
2019 $5,688,741 $2,316,724 $4,961,531 $3,372,017
2018 $1,972,633 $2,173,850 $1,636,994 $-201,217
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