2022-11-28T14:36:15-06:00 2021-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2021-01-01 561596147 MATERIAL HANDLING INDUSTRY MATE 7046761190 8720 RED OAK BLVD 201 CHARLOTTE NC 28217 MICHAEL J LAURENT VP FINANCE 7046761190 2022-11-15 1 MICHAEL LAURENT 999009999 AMANDA ADAMS P00748038 7043771678 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MHI GEORGE PREST 8720 RED OAK BLVD 201 CHARLOTTE NC 28217 28017887 0 X WWW.MHI.ORG X 1945 PA TO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRY 12 11 39 35 788554 344043 0 727982 18270800 6133940 363992 1635073 607386 876818 19242178 9373813 251854 64576 0 0 6197890 5553829 0 0 0 10502103 5870190 16951847 11488595 2290331 -2114782 47906820 47683626 18653157 20253677 29253663 27429949 TO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRY 0 0 PROMATDX BROUGHT THE MANUFACTURING AND SUPPLY CHAIN INDUSTRY TOGETHER APRIL 12 -16, WITH OVER 17,000 ATTENDEES LEARNING, ENGAGING AND DISCOVERING EQUIPMENT AND TECHNOLOGY INNOVATIONS TO BUILD SUPPLY CHAIN RESILIENCE AMID DISRUPTION. PROMATDX INCLUDED 360 SPONSOR SHOWCASES, FOUR KEYNOTES, 106 SEMINARS AND 650 PRODUCT DEMONSTRATIONS, 18 ROUNDTABLES, 12 LIVE FROM PROMATDX SESSIONS AND FIVE DAILY RECAPS, ALL WITH A BIG FOCUS ON AUTOMATION AND EMERGING TECHNOLOGY SOLUTIONS. ALL IN ALL, THE PROMATDX HAD 778,927 TOTAL INTERACTIONS DURING THE WEEK. 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. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 39 1 1 1 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X MIKE LAURENT 7046761190 8720 RED OAK BLVD CHARLOTTE NC 282173992 BRETT WOOD CHAIRMAN 2.00 X X 0 0 0 KEVIN O'NEILL PRESIDENT 2.00 X X 0 0 0 BRYAN JENSEN VICE PRESIDENT 2.00 X X 0 0 0 CHRIS BECKER DIRECTOR 2.00 X 0 0 0 STEVE DIEBOLD DIRECTOR 2.00 X 0 0 0 STEVE DIEBOLD DIRECTOR 2.00 X 0 0 0 EDDIE MURPHY DIRECTOR 2.00 X 0 0 0 BRIAN REH DIRECTOR 2.00 X 0 0 0 RICK FOX DIRECTOR 2.00 X 0 0 0 ANNETTE DANEK-AKEY DIRECTOR 2.00 X 0 0 0 KAREN NORHEIM DIRECTOR 2.00 X 0 0 0 BRIAN C NEUWIRTH DIRECTOR 2.00 X 0 0 0 JASON MINGHINI DIRECTOR 2.00 X 0 0 0 ARTHUR STROYD JR GENERAL COUNSEL 14.00 X 0 0 0 JOHN PAXTON CEO 40.00 X 433795 0 93098 MICHAEL LAURENT VP FINANCE 40.00 X 142078 0 26962 MICHAEL MIKITKA EVP OF WERC 40.00 X 250822 0 45815 CHRISTIAN DOW EVP OF MEMBERSHIP 40.00 X 247996 0 44794 CAROL MILLER CHIEF MARKETING OFFICER 40.00 X 166158 0 46363 CHRISTY DULA CHIEF DIGITAL OFFICER 40.00 X 236236 0 42078 DANIEL MCKINNON EVP OF EXHIBITIONS 40.00 X 293386 0 25939 GEORGE PREST FORMER MHI CEO 0.00 X 450000 0 0 2220471 0 325049 15 1 1 0 PRESTIGE ECONOMICS 7101 FIG VINE COVE STE 101 AUSTIN TX 78750 FINANCIAL MARKET RESEARCH 189130 DEL SOLE CAVANAUGH STROYD LLC THREE PPG PLACE STE 600 PITTSBURGH PA 15222 LEGAL SERVICES 181754 DELOITTE CONSULTING LLP PO BOX 844717 DALLAS TX 75284 INDUSTRY RESEARCH SERVICES 165000 SARA SPECTER MARKETING MERCENARY LLP PO BOX 1059 NEWBERG OR 97132 MARKETING CONSULTING SERVICES 112375 4 727982 727982 MEMBERSHIP DUES 900099 2807180 2807180 TRADE SHOW 900099 2296803 1745903 550900 INDUSTRY MEETINGS 900099 644029 644029 INDUSTRY GROUPS 900099 370261 370261 CAREER EDUCATION PROGRAM 900099 15667 15667 6133940 704899 704899 1217890 1436188 -218298 -218298 -56411 -161887 18138060 17207886 930174 930174 930174 WERC 900099 682656 634284 48372 ADVERTISING 541800 245693 245693 MANAGEMENT FEES 561000 40000 40000 126767 126767 1095116 9373813 6384091 788554 1473186 64576 659233 3684337 421076 514655 274528 123117 47094 122761 197769 486883 153895 31968 1628693 10474 340679 27482 TRADE SHOW EXPENSES 1352776 COMMITTEE OPERATIONS 1085619 INDUSTRY GROUP EXPENSE 197858 UBI TAX 50000 13122 11488595 3816844 3516305 4501465 658562 727982 245913 63519 5573 6686 607868 884634 18961094 4232289 15192449 14728805 23169741 26737978 134894 169263 232073 189892 47906820 47683626 924133 911851 7759803 15676224 3622866 3545682 6346355 119920 18653157 20253677 X 29253663 27429949 29253663 27429949 47906820 47683626 -2114782 291068 0 X 0 1 X 1 0 0 1 0 2268905 2268905 13667943 2425933 11242010 2990367 1806356 1184011 33879 33879 14728805 PREPAID RENT 25371 TENANT SECURITY DEPOSITS 94549 119920 X PART X, LINE 2: MATERIAL HANDLING INDUSTRY AND ITS SUBSIDIARY AND AFFILIATES ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS TAX-EXEMPT PURPOSE UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND APPLICABLE STATE STATUTES. MHI IS LIABLE FOR FEDERAL AND STATE TAXES ON ANY UNRELATED BUSINESS INCOME, AS DEFINED IN THE IRC. MHI FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MHIS POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO MHI, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2021 AND 2020 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. 1 MATERIAL HANDLING EDUCATION FOUNDATION INC 8720 RED OAK BLVD CHARLOTTE NC 28217 251303313 501(C)(3) 36450 0 UNIVERSITY SCHOLARSHIP PROGRAM/CAREER TECHNICAL EDUCATION PROGRAM FEEDING AMERICA 161 NORTH CLARK ST 700 CHICAGO IL 60601 363673599 501(C)(3) 10000 0 SPEAKER GIFT AWARD 3 0 PART I, LINE 2: THE BOARD OVERSEES ALL GRANTS TO ENSURE FUNDS ARE USED APPROPRIATELY. X 1 1 X X X X X X 1 1 0 JOHN PAXTON CEO 356845 0 66150 0 10800 0 68600 0 24498 0 526893 0 0 0 GEORGE PREST FORMER MHI CEO 0 0 0 0 450000 0 0 0 0 0 450000 0 0 0 DANIEL MCKINNON EVP OF EXHIBITIONS 236826 0 45760 0 10800 0 25939 0 0 0 319325 0 0 0 MICHAEL MIKITKA EVP OF WERC 208522 0 31500 0 10800 0 23815 0 22000 0 296637 0 0 0 CHRISTIAN DOW EVP OF MEMBERSHIP 215196 0 22000 0 10800 0 24926 0 19868 0 292790 0 0 0 CHRISTY DULA CHIEF DIGITAL OFFICER 197132 0 28304 0 10800 0 22935 0 19143 0 278314 0 0 0 CAROL MILLER CHIEF MARKETING OFFICER 158558 0 4000 0 3600 0 18823 0 27540 0 212521 0 0 0 MICHAEL LAURENT VP FINANCE 142078 0 0 0 0 0 16061 0 10901 0 169040 0 0 0 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 PERSONS WHO RECEIVED THIS NONTAXABLE BENEFIT WAS JOHN PAXTON. PART I, LINES 4A-B GEORGE PREST RECEIVED A RETIREMENT SEVERANCE PACKAGE EFFECTIVE IN 2020 BUT PAID IN 2021. 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 2021 WAS $36,700. 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. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS CAN RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE BOARD IS NOTIFIED BY EMAIL THAT A COPY OF THE FORM 990 IS AVAILABLE ON OUR WEBSITE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ANY GOVERNOR OR OFFICER AS TO WHOM A MATTER COMING BEFORE THE BOARD OF GOVERNORS OR A COMMITTEE ON WHICH SUCH THE GOVERNOR OR OFFICER SITS, WHICH MAY CONSITITUTE A CONFLICT OF INTEREST SHALL SO INDICATE AT OR PRIOR TO THE TIME SUCH MATTER IS BEING CONSIDERED TO THE BOARD OF GOVERNORS OR EXECUTIVE DIRECTOR. THE BOARD MEMBER IS EXCUSED FROM THE DISCUSSION AND VOTING ON THAT PARTICULAR MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS ESTABLISHED A HUMAN RESOURCE COMMITTEE THAT HAS THE RESPONSIBILITY FOR ALL EMPLOYEE COMPENSATION, BENEFITS AND RELATED EMPLOYEE MATTERS. THE COMMITTEE SHALL CONSIST OF THE CHAIRPERSON, PRESIDENT, VICE PRESIDENT AND TWO OTHER BOARD OF GOVERNORS. THE CHIEF EXECUTIVE OFFICER SHALL SERVE AS AN ADVISOR TO THE COMMITTEE. EVERY 5 YEARS OR LESS THE BOARD OF GOVERNORS AUTHORIZES THE HUMAN RESOURCE COMMITTEE TO ENGAGE AN INDEPENDENT HUMAN RESOURCE CONSULTING FIRM TO PROVIDE A COMPREHENSIVE COMPENSATION AND BENEFIT STUDY WITH THE OBJECTIVE TO RECOMMEND FAIR AND COMPETITIVE COMPENSATION RANGES FOR ALL POSITIONS AND BENEFITS THAT ALIGN WITH THE STRATEGIC MISSION AND VISON. ANNUALLY, THE CEO'S SALARY IS DETERMINED AND APPROVED BY THE HUMAN RESOURCE COMMITTEE AND IS DOCUMENTED IN THE HUMAN RESOURCE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND BYLAWS ARE AVAILABLE ON THE WEBSITE OR BY REQUEST. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.