Healthcare Laundry Accreditation Council
- Assets
- $526.8k
- Revenue
- $323.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 20-3336791
Organization Overview
Healthcare Laundry Accreditation Council is located in Rapid City, SD. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthcare Laundry Accreditation Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Healthcare Laundry Accreditation Council generated $323.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $350.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPECTION OF HEALTHCARE PROCESSING LAUNDRIES (COMMERCIAL COMPANIES, COOPERATIVES, AND IN-HOUSE FACILITIES) ACCORDING TO STANDARDS AND PROCEDURES NECESSARY FOR ACCREDITATION; THEREBY PROVIDING A PUBLIC SERVICE THAT BENEFITS THE FACILITIES THEMSELVES, HEALTHCARE CONSUMERS, AND HEALTHCARE INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSPECTION OF HEALTHCARE PROCESSING LAUNDRIES (COMMERCIAL COMPANIES, COOPERATIVES, AND IN-HOUSE FACILITIES) ACCORDING TO STANDARDS AND PROCEDURES NECESSARY FOR ACCREDITATION; THEREBY PROVIDING A PUBLIC SERVICE THAT BENEFITS THE FACILITIES THEMSELVES, HEALTHCARE CONSUMERS, AND HEALTHCARE INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nonprofit Resources Executive Di | Officer | 38 | $145,000 |
Rocco Romeo Treasurer | OfficerTrustee | 3 | $0 |
Jeffrey Courey President | Trustee | 1 | $0 |
Linda Mccurdy Past Preside | Trustee | 1 | $0 |
Kelly Zabriskie Director | Trustee | 2 | $0 |
Karl Fillip II Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $318,133 |
| Investment income | $5,441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $323,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $145,000 |
| Fees for services: Legal | $1,605 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,606 |
| Advertising and promotion | $41,728 |
| Office expenses | $8,134 |
| Information technology | $168 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $29,246 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,886 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $355 |
| Insurance | $1,494 |
| All other expenses | $0 |
| Total functional expenses | $350,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,739 |
| Savings and temporary cash investments | $45,006 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $299,393 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,600 |
| Net Land, buildings, and equipment | $85 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $526,823 |
| Accounts payable and accrued expenses | $44,282 |
| Grants payable | $0 |
| Deferred revenue | $105,050 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $149,332 |
| Net assets without donor restrictions | $377,491 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $526,823 |