Civic Intelligence

Multi-Housing Laundry Association

990 • Fiscal year 2023 • EIN 52-6054279

Jan 01, 2023 to Dec 31, 2023 • Filed on May 22, 2024

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

57th percentile

0.09x

Higher debt load relative to assets than 57% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.34x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

11th percentile

-16%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Asset Growth

29th percentile

-3.2%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

6.7%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$882,961

Down $29,405 (-3.2%) from 2022

Net Assets

Down

$804,842

Down $37,498 (-4.5%) from 2022

Liabilities

Up

$78,119

Up $8,093 (+12%) from 2022

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin11th percentile

Revenue

Up

$232,536

Up $14,581 (+6.7%) from 2022

Expenses

Up

$270,034

Up $4,031 (+1.5%) from 2022

Net Income

Up

-$37,498

Up $10,550 (+22%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth29th 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

2023

Assets$882,961
Liabilities$78,119
Net Assets$804,842
Open 2023 Filing

Operations Trend

Revenue Growth48th 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

2023

Revenue$232,536
Expenses$270,034
Net Income-$37,498
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 22, 2024
Return Version
2023v5.0
Gross Receipts
$232,536
Mission and Program Overview

Mission

Education of membership and promotion of industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$685,261$704,271▲ $19,010
Cash and Non-Interest-Bearing Accounts$137,774$92,525▼ $45,249
Prepaid Expenses and Deferred Charges$83,973$86,165▲ $2,192
Accounts Receivable$5,358--
Total Assets$912,366$882,961▼ $29,405
Liabilities
Deferred Revenue$69,840$73,400▲ $3,560
Accounts Payable and Accrued Expenses$186$4,719▲ $4,533
Total Liabilities$70,026$78,119▲ $8,093
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$842,340$804,842▼ $37,498
Total Net Assets Fund Balance$842,340$804,842▼ $37,498
Total Liabilities and Net Assets / Fund Balance$912,366$882,961▼ $29,405
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
FRANK D'ANNUNZIOPresident
David DemarshDirector
Doug GoldsteinDirector
Jim FeinsteinDirector
John StewartDirector
Larry HauserDirector
Ross Van HorneDirector
Scott CarrerasDirector
Scott ScarpatoPast Preside
Mike MarsdenSecretary
Jason HainsworthTreasurer
Denise Savino-erichsenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$123,570
Program Service Revenue
$87,442
Investment Income
$21,524
Other Revenue
$0
Change in Net Assets
$-37,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,034
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---$185,310
Fees for Services Management---$71,160
Fees for Services Accounting---$4,300
Insurance---$2,570
Other Expenses---$1,040
Office Expenses---$652
Information Technology---$180
Fees for Services Legal---$123
Total Functional Expenses$0$0$0$270,034
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
FRANK D'ANNUNZIO
Title
President
Phone
9197875181
Signed
2024-05-22

Organization Details

Principal Officer
FRANK D'ANNUNZIO
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 Appendix312 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/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033309
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.MLA-ONLINE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK D'ANNUNZIO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09197875181
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-22
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/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02024-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELTON M ENNIS CPA
ReturnHeader/ReturnTs02024-05-28T10:51:10-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DANNUNZIO
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$882,961
Liabilities
$78,119
Net assets
$804,842
Revenue
$232,536
Expenses
$270,034
Net income
-$37,498
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