Laundry Industry Fund Inc
- Assets
- $412.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- Data as of
- 12/2023
- EIN
- 83-4012296
Organization Overview
Laundry Industry Fund Inc is located in White Plains, NY. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laundry Industry Fund Inc 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, Laundry Industry Fund Inc generated $101.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $7.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EDUCATE BUSINESSES, WORKERS AND THE PUBLIC IN NEW YORK, NEW JERSEY AND CONNECTICUT ABOUT STANDARDS AND WORKING CONDITIONS IN THE SECTOR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Chambers Director | 0.5 | $0 | |
Albert Arroyo Director | 0.5 | $0 | |
Mark Angeny Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $87,342 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,188 |
| Total Revenue | $101,530 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $195 |
| Total expenses | $7,695 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $412,064 |
| Other assets | $0 |
| Total assets | $412,064 |
| Total liabilities | $0 |
| Net assets or fund balances | $412,064 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Burning Glass Institute Bala Cynwyd, PA | $575,842 | $2,266,294 |
Labor Institute Inc New York, NY | $1,523,967 | $1,153,840 |
I2b2 Transmart Foundation Needham, MA | $1,635,324 | $65,030 |
Putting New Yorkers To Work Inc New York, NY | $80,506 | $555,000 |
Research Development & Technical Employees Union Lexington, MA | $928,871 | $309,734 |
Aleria Research Corporation New York, NY | $44,521 | $0 |
Focus Nj Inc Trenton, NJ | $258,638 | $205,000 |
Laundry Industry Fund Inc White Plains, NY | $412,064 | $0 |