Totals
- Total revenue
- $24,661,107
- Total expenses
- $19,306,489
- Contributions and grants received
- $794,732
- Grants paid
- $140,877
- Program service revenue
- $21,433,445
- Investment income
- $873,790
- Other revenue
- $1,559,140
- Total assets, end of year
- $56,063,459
- Total liabilities, end of year
- $27,544,259
- Net assets or fund balances, end of year
- $28,519,200
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$794,732
-
2a · Program service revenue: TRADE SHOW
total $16,719,447 · related or exempt $16,026,847 · unrelated business $692,600
-
2b · Program service revenue: MEMBERSHIP DUES
total $3,115,108 · related or exempt $3,115,108
-
2c · Program service revenue: INDUSTRY MEETINGS
total $1,107,810 · related or exempt $1,107,810
-
2d · Program service revenue: INDUSTRY GROUPS
total $463,805 · related or exempt $463,805
-
2e · Program service revenue: CAREER EDUCATION PROGRAM
total $27,275 · related or exempt $27,275
-
3 · Investment income
total $929,325 · excluded $929,325
-
6a · Gross rents
real property $1,325,060
-
6b · Less rental expenses
real property $1,442,803
-
6c · Rental income or loss
real property -$117,743
-
6d · Net rental income or loss
total -$117,743 · unrelated business -$29,137 · excluded -$88,606
-
7a · Gross sales of assets other than inventory
securities $8,929,069
-
7b · Less cost or other basis and sales expenses
securities $8,984,604
-
7c · Gain or loss
securities -$55,535
-
7d · Net gain or loss
total -$55,535 · excluded -$55,535
-
11a · Other revenue: WERC
total $1,185,833 · related or exempt $1,132,235 · unrelated business $53,598
-
11b · Other revenue: ADVERTISING
total $336,758 · unrelated business $336,758
-
11c · Other revenue: MANAGEMENT FEES
total $50,000 · related or exempt $50,000
-
11d · All other revenue
total $104,292 · related or exempt $104,292
-
11e · Other revenue, total
$1,676,883
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $140,877
-
5 · Compensation of officers, directors and key employees
total $729,053
-
7 · Other salaries and wages
total $4,263,791
-
8 · Pension plan contributions
total $390,422
-
9 · Other employee benefits
total $474,226
-
10 · Payroll taxes
total $313,262
-
11b · Fees: legal
total $74,734
-
11c · Fees: accounting
total $42,183
-
11f · Fees: investment management
total $119,585
-
13 · Office expenses
total $372,384
-
14 · Information technology
total $693,098
-
16 · Occupancy
total $105,564
-
17 · Travel
total $52,739
-
19 · Conferences, conventions and meetings
total $2,189,891
-
20 · Interest
total $11,743
-
22 · Depreciation, depletion and amortization
total $372,971
-
23 · Insurance
total $27,464
-
24a · Other expenses: TRADE SHOW EXPENSES
total $5,873,558
-
24b · Other expenses: COMMITTEE OPERATIONS
total $2,389,148
-
24c · Other expenses: INDUSTRY GROUP EXPENSE
total $443,056
-
24d · Other expenses: UBI TAX
total $133,457
-
24e · All other expenses
total $93,283
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,516,305 · end of year $6,054,867
-
2 · Savings and temporary cash investments
beginning of year $658,562 · end of year $4,861,648
-
3 · Pledges and grants receivable
beginning of year $727,982 · end of year $482,769
-
4 · Accounts receivable
beginning of year $63,519 · end of year $224,551
-
8 · Inventories for sale or use
beginning of year $6,686 · end of year $5,862
-
9 · Prepaid expenses and deferred charges
beginning of year $884,634 · end of year $1,365,341
-
10a · Land, buildings and equipment: cost or other basis
$19,731,646
-
10b · Land, buildings and equipment: accumulated depreciation
$5,244,513
-
10c · Land, buildings and equipment, net
beginning of year $14,728,805 · end of year $14,487,133
-
11 · Investments: publicly traded securities
beginning of year $26,737,978 · end of year $28,205,221
-
14 · Intangible assets
beginning of year $169,263 · end of year $185,107
-
15 · Other assets
beginning of year $189,892 · end of year $190,960
-
17 · Accounts payable and accrued expenses
beginning of year $911,851 · end of year $1,653,613
-
19 · Deferred revenue
beginning of year $15,676,224 · end of year $22,352,271
-
23 · Secured mortgages and notes payable
beginning of year $3,545,682 · end of year $3,399,813
-
25 · Other liabilities
beginning of year $119,920 · end of year $138,562
-
27 · Net assets without donor restrictions
beginning of year $27,429,949 · end of year $28,519,200
Mission and programs · 2022
Mission
TO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRY
-
MODEX 2022 BROUGHT THE MANUFACTURING AND SUPPLY CHAIN INDUSTRY TOGETHER ON APRIL 4 -7 IN THE GEORGIA WORLD CONGRESS COVENTION CENTER, WITH 37,000 VISITORS CONNECTED OVER 857 EXHIBITS ACROSS 405,000 SQUARE FEET FOR LEARNING, ENGAGING AND DISCOVERING EQUIPMENT AND TECHNOLOGY INNOVATIONS TO BUILD SUPPLY CHAIN RESILIENCE AMID DISRUPTION. MODEX 2022 INCLUDED 172 EDUCATIONAL SEMINARS AND FOUR KEYNOTES, INDUSTRY NIGHT ENTERTAINMENT EVENT, AND INNOVATION AWARDS FOR BEST NEW PRODUCT, BEST NEW AND EXISTING IT INNOVATIONS. MODEX 2022 WELCOMED 305 HIGH SCHOOL, UNIVERSITY STUDENTS AND EDUCATORS TO THE EVENT.
-
MEMBERSHIP MEETINGS: TWO MEMBERSHIP MEETINGS WERE HELD, THE MHI SPRING MEETING AND THE MHI ANNUAL CONFERENCE. THE MHI ANNUAL CONFERENCE IS AN INTERACTIVE THOUGHT LEADERSHIP EVENT PROVIDING EDUCATIONAL SESSIONS, PRODUCT SPECIFIC INDUSTRY GROUP MEETINGS AND NETWORKING EVENTS FOCUS ON ISSUES OF MUTUAL INDUSTRY CONCERNS AND GROWTH OF THE MATERIAL HANDLING INDUSTRY. PRODUCT SPECIFIC INDUSTRY GROUP MEETINGS FOCUS ON STANDARD DEVELOPMENT, AND DEVELOPMENT ON TECHNICAL, SAFETY, AND EDUCATIONAL MATTERS.
-
THE MHI LEADERSHIP PROGRAM CONDUCTED TWO COHORT SESSIONS IN 2022. THROUGH THE PROGRAM, NEW AND EMERGING LEADERS WILL ENGAGE WITH PEERS AND EXECUTIVES IN WORKSHOPS, TEAM SIMULATIONS AND MENTORING OPPORTUNITIES TO HELP IMPROVE THEIR LEADERSHIP SKILLS.
As filed on the 2022 return.
Listed in Part VII
-
Brett WoodBRETT WOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin O'NeillKEVIN O'NEILL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Bryan JensenBRYAN JENSEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Chris BeckerCHRIS BECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve DieboldSTEVE DIEBOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eddie MurphyEDDIE MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian RehBRIAN REH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Rick FoxRICK FOX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Annette Danek-AkeyANNETTE DANEK-AKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Karen NorheimKAREN NORHEIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian C NeuwirthBRIAN C NEUWIRTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jason MinghiniJASON MINGHINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Arthur Stroyd JrARTHUR STROYD JR
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 12
-
John PaxtonJOHN PAXTON
CEO
- Total calculated
- $525,630
- From this org
- $463,112
- From related orgs
- $0
- Other
- $62,518
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $381,062
- Bonus
- $71,250
- Other
- $10,800
- Deferred
- $33,850
- Nontaxable benefits
- $28,668
- Filer's total
- $525,630
-
Michael LaurentMICHAEL LAURENT
VP FINANCE
- Total calculated
- $203,423
- From this org
- $174,370
- From related orgs
- $0
- Other
- $29,053
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,540
- Bonus
- $14,830
- Other
- $0
- Deferred
- $18,102
- Nontaxable benefits
- $10,951
- Filer's total
- $203,423
-
Michael MikitkaMICHAEL MIKITKA
EVP OF WERC
- Total calculated
- $319,899
- From this org
- $265,416
- From related orgs
- $0
- Other
- $54,483
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,811
- Bonus
- $36,805
- Other
- $10,800
- Deferred
- $25,687
- Nontaxable benefits
- $28,796
- Filer's total
- $319,899
-
Christian DowCHRISTIAN DOW
EVP OF MEMBERSHIP
- Total calculated
- $309,417
- From this org
- $262,876
- From related orgs
- $0
- Other
- $46,541
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $231,788
- Bonus
- $20,288
- Other
- $10,800
- Deferred
- $26,871
- Nontaxable benefits
- $19,670
- Filer's total
- $309,417
-
Carol MillerCAROL MILLER
CHIEF MARKETING OFFICER
- Total calculated
- $281,401
- From this org
- $231,716
- From related orgs
- $0
- Other
- $49,685
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,354
- Bonus
- $34,562
- Other
- $10,800
- Deferred
- $22,127
- Nontaxable benefits
- $27,558
- Filer's total
- $281,401
-
Christy DulaCHRISTY DULA
CHIEF DIGITAL OFFICER
- Total calculated
- $307,558
- From this org
- $262,777
- From related orgs
- $0
- Other
- $44,781
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,447
- Bonus
- $37,530
- Other
- $10,800
- Deferred
- $24,984
- Nontaxable benefits
- $19,797
- Filer's total
- $307,558
-
Daniel McKinnonDANIEL MCKINNON
EVP OF EXHIBITIONS
- Total calculated
- $339,215
- From this org
- $311,581
- From related orgs
- $0
- Other
- $27,634
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $253,648
- Bonus
- $47,133
- Other
- $10,800
- Deferred
- $27,634
- Nontaxable benefits
- $0
- Filer's total
- $339,215
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- TRAVEL FOR COMPANIONS: PER THEIR CONTRACTS, OFFICERS ARE REQUESTED TO HAVE THEIR COMPANIONS ACCOMPANY THEM TO C-LEVEL EVENTS FOR BONA FIDE BUSINESS PURPOSES. THE ONLY PERSON WHO RECEIVED THIS NONTAXABLE BENEFIT WAS JOHN PAXTON.
- PART I, LINES 4A-B
- IN 2021, A 457(F) PLAN WAS ESTABLISHED FOR JOHN PAXTON, CEO. ANNUALLY, THE HR COMMITTEE WILL APPROVE AN AMOUNT TO BE CREDITED TO THE PLAN. THE AMOUNT FOR 2022 WAS $33,550. HE WILL BECOME VESTED IN THE PLAN AT THE EARLIEST OF THE FOLLOWING DATES: DEATH, ATTAINMENT OF LONG-TERM DISABILITY, VOLUNTARY TERMINATION AFTER COMPLETION OF AT LEAST 3 YEARS OF TOTAL EMPLOYMENT SERVICE AND REACHING AGE OF 62, OR INVOLUNTARY TERMINATION OF SERVICE BY MHO, FOR A REASON OTHER THAN CAUSE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
SCHOLARSHIP PROGRAM
-
$20,000
RELIEF AID MEALS
-
AMERICAN LOGISTICS AID NETWORK
$10,000
GENERAL SUPPORT
-
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333139349303313
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