Civic Intelligence

Multi-Housing Laundry Association

990 • Fiscal year 2022 • EIN 52-6054279

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 27, 2023

Organization ProfileWWW.MLA-ONLINE.COM
3739 National Drive Ste 202Raleigh, NC 27612

(919) 787-5181

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.08x

Higher debt load relative to assets than 54% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.32x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

8th percentile

-22%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

38th percentile

-2.2%

Faster asset growth than 38% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

39%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$912,366

Down $20,542 (-2.2%) from 2021

Net Assets

Down

$842,340

Down $48,048 (-5.4%) from 2021

Liabilities

Up

$70,026

Up $27,506 (+65%) from 2021

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin8th percentile

Revenue

Up

$217,955

Up $61,028 (+39%) from 2021

Expenses

Up

$266,003

Up $77,858 (+41%) from 2021

Net Income

Down

-$48,048

Down $16,830 (-54%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $759,347Liabilities 2011: $9,437Net Assets 2011: $749,9102011Assets 2012: $729,560Liabilities 2012: $9,303Net Assets 2012: $720,2572012Assets 2013: $708,747Liabilities 2013: $14,409Net Assets 2013: $694,3382013Assets 2014: $741,167Liabilities 2014: $15,136Net Assets 2014: $726,0312014Assets 2015: $757,491Liabilities 2015: $19,309Net Assets 2015: $738,1822015Assets 2016: $753,587Liabilities 2016: $14,757Net Assets 2016: $738,8302016Assets 2017: $753,797Liabilities 2017: $57,004Net Assets 2017: $696,7932017Assets 2018: $772,378Liabilities 2018: $40,067Net Assets 2018: $732,3112018Assets 2019: $861,696Liabilities 2019: $36,509Net Assets 2019: $825,1872019Assets 2020: $942,945Liabilities 2020: $21,339Net Assets 2020: $921,6062020Assets 2021: $932,908Liabilities 2021: $42,520Net Assets 2021: $890,3882021Assets 2022: $912,366Liabilities 2022: $70,026Net Assets 2022: $842,3402022Assets 2023: $882,961Liabilities 2023: $78,119Net Assets 2023: $804,8422023Assets 2024: $863,679Liabilities 2024: $75,530Net Assets 2024: $788,1492024

Highlighted filing

2022

Assets$912,366
Liabilities$70,026
Net Assets$842,340
Open 2022 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $259,952Expenses 2011: $278,583Net Income 2011: -$18,6312011Revenue 2012: $251,495Expenses 2012: $282,011Net Income 2012: -$30,5162012Revenue 2013: $263,069Expenses 2013: $286,882Net Income 2013: -$23,8132013Revenue 2014: $281,338Expenses 2014: $249,922Net Income 2014: $31,4162014Revenue 2015: $277,442Expenses 2015: $264,739Net Income 2015: $12,7032015Revenue 2016: $277,585Expenses 2016: $276,771Net Income 2016: $8142016Revenue 2017: $196,830Expenses 2017: $236,962Net Income 2017: -$40,1322017Revenue 2018: $286,193Expenses 2018: $250,325Net Income 2018: $35,8682018Revenue 2019: $359,536Expenses 2019: $269,875Net Income 2019: $89,6612019Revenue 2020: $186,725Expenses 2020: $90,216Net Income 2020: $96,5092020Revenue 2021: $156,927Expenses 2021: $188,145Net Income 2021: -$31,2182021Revenue 2022: $217,955Expenses 2022: $266,003Net Income 2022: -$48,0482022Revenue 2023: $232,536Expenses 2023: $270,034Net Income 2023: -$37,4982023Revenue 2024: $358,542Expenses 2024: $375,235Net Income 2024: -$16,6932024

Highlighted filing

2022

Revenue$217,955
Expenses$266,003
Net Income-$48,048
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 27, 2023
Return Version
2022v5.0
Gross Receipts
$217,955
Mission and Program Overview

Mission

Education of membership and promotion of industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$685,145$685,261▲ $116
Cash and Non-Interest-Bearing Accounts$214,390$137,774▼ $76,616
Prepaid Expenses and Deferred Charges$33,373$83,973▲ $50,600
Accounts Receivable-$5,358-
Total Assets$932,908$912,366▼ $20,542
Liabilities
Deferred Revenue$42,195$69,840▲ $27,645
Accounts Payable and Accrued Expenses$325$186▼ $139
Total Liabilities$42,520$70,026▲ $27,506
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$890,388$842,340▼ $48,048
Total Net Assets Fund Balance$890,388$842,340▼ $48,048
Total Liabilities and Net Assets / Fund Balance$932,908$912,366▼ $20,542
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Scott ScarpatoPresident
David DemarshDirector
Jim FeinsteinDirector
John StewartDirector
Larry HauserDirector
Mike MarsdenDirector
Ross Van HorneDirector
Ted BattistoneDirector
Scott CarrerasPast Preside
Jason HainsworthSecretary
Denise Savino-erichsenTreasurer
FRANK D'ANNUNZIOVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$133,845
Program Service Revenue
$82,854
Investment Income
$1,256
Other Revenue
$0
Change in Net Assets
$-48,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$266,003
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$183,408
Fees for Services Management---$69,764
Fees for Services Accounting---$4,300
Insurance---$2,573
Office Expenses---$1,059
Fees for Services Legal---$454
Information Technology---$328
Other Expenses---$40
Total Functional Expenses$0$0$0$266,003
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization utilizes a management company for everyday management duties”

Form 990, Page 6, Part VI, Line 6

“The association is organized with members.”

Form 990, Page 6, Part VI, Line 7A

“Members of the organization elect the members of the governing board”

Form 990, Page 6, Part VI, Line 11B

“Executive director and/or treasurer will review 990.”

Form 990, Page 6, Part VI, Line 15A

“Compensation of management company is reviewed and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Multi-housing Laundry Association
EIN
52-6054279
Phone
9197875181
Address
3739 NATIONAL DRIVE STE 202, RALEIGH, NC 27612

Signing Officer

Name
Scott Scarpato
Title
President
Phone
9197875181
Signed
2023-04-27

Organization Details

Principal Officer
Scott Scarpato
Formed
1959
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Joyce and Company CPA
Address
104 BRADY CT, CARY, NC 27511
Preparer
Shelton M Ennis CPA
Phone
9194660946
Raw XML Appendix313 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.MLA-ONLINE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT SCARPATO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09197875181
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MULTI-HOUSING LAUNDRY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MULT
ReturnHeader/Filer/EIN0526054279
ReturnHeader/Filer/PhoneNum09197875181
ReturnHeader/Filer/USAddress/AddressLine1Txt03739 NATIONAL DRIVE STE 202
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027612
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562202813
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOYCE AND COMPANY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0104 BRADY CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027511
ReturnHeader/PreparerPersonGrp/PhoneNum09194660946
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELTON M ENNIS CPA
ReturnHeader/ReturnTs02023-05-02T08:39:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCARPATO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$912,366
Liabilities
$70,026
Net assets
$842,340
Revenue
$217,955
Expenses
$266,003
Net income
-$48,048
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.64$0.76$7.88$3.59$3.75$0.17
2023Detailed filing. Detailed filing data is available for this year.$8.83$0.78$8.05$2.33$2.70$0.37
2022Detailed filing. Detailed filing data is available for this year.$9.12$0.70$8.42$2.18$2.66$0.48
2021Detailed filing. Detailed filing data is available for this year.$9.33$0.43$8.90$1.57$1.88$0.31
2020Detailed filing. Detailed filing data is available for this year.$9.43$0.21$9.22$1.87$0.90$0.97
2019Detailed filing. Detailed filing data is available for this year.$8.62$0.37$8.25$3.60$2.70$0.90
2018Detailed filing. Detailed filing data is available for this year.$7.72$0.40$7.32$2.86$2.50$0.36
2017Detailed filing. Detailed filing data is available for this year.$7.54$0.57$6.97$1.97$2.37$0.40
2016Detailed filing. Detailed filing data is available for this year.$7.54$0.15$7.39$2.78$2.77$0.01
2015Summary only. Only limited summary data is available for this year.$7.57$0.19$7.38$2.77$2.65$0.13
2014Summary only. Only limited summary data is available for this year.$7.41$0.15$7.26$2.81$2.50$0.31
2013Summary only. Only limited summary data is available for this year.$7.09$0.14$6.94$2.63$2.87$0.24
2012Summary only. Only limited summary data is available for this year.$7.30$0.09$7.20$2.51$2.82$0.31
2011Summary only. Only limited summary data is available for this year.$7.59$0.09$7.50$2.60$2.79$0.19