2019-11-14T14:55:00-06:00 2018-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2018-01-01 561596147 MATERIAL HANDLING INDUSTRY MATE 7046761190 8720 RED OAK BLVD NO 201 CHARLOTTE NC 28217 MICHAEL J LAURENT CONTROLLER 7046761190 2019-11-14 1 AMANDA ADAMS P00748038 7043771678 38.142.98.34 2019-11-14 09:58:26 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2018 2020-04-17 16:48:07Z MHI GEORGE PREST 8720 RED OAK BLVD NO 201 CHARLOTTE NC 28217 26463027 0 X WWW.MHI.ORG X 1945 PA TO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRY 14 13 36 0 497341 16865 0 0 19908982 14767534 1263462 885285 320041 261282 21492485 15914101 35700 335419 0 0 4000529 4728032 0 0 0 10764396 10999598 14800625 16063049 6691860 -148948 34679924 38238562 15060591 20270200 19619333 17968362 TO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRY 0 0 TRADESHOW AND CONFERENCE: MODEX 2018 WAS HELD APRIL 9-12 IN ATLANTA AT THE GEORGIA WORLD CONGRESS CENTER. MODEX IS THE ONE-OF-A-KIND MANUFACTURING AND SUPPLY CHAIN INDUSTRY EVENT WHERE SOLUTION PROVIDERS AND POWERFUL BUYERS COME TO MEET, NETWORK, AND GET DEALS DONE FACE-TO-FACE. THESE BUYERS, 29,545 ATTENDEES, COME FROM OVER 110 COUNTRIES AROUND THE WORLD SEEKING SOLUTIONS FROM THE 925 EXHIBITS.MODEX 2018 WAS RECOGNIZED FROM THE THE SHOW NEWS NETWORK AS A TOP 25 FASTEST GROWING ATTENDANCE WINNER. MEMBERSHIP MEETINGS: TWO MEETINGS HELD TO CONDUCT WORK FOCUSING ON ISSUES OF MUTUAL INDUSTRY CONCERNS AND GROWTH OF THE MATERIAL HANDLING INDUSTRY. TYPICAL MEETINGS FOCUS ON STANDARD DEVELOPMENT, AUTHORITATIVE REGULATION, LIASON RELATIONSHIP DEVELOPMENT, AND DEVELOPMENT ON TECHNICAL, SAFETY, AND EDUCATIONAL MATERIALS. IN ADDITION, EDUCATIONAL SEMINARS ARE HELD THROUGHOUT THE THREE-TO-FOUR DAY SCHEDULES. MEMBER ATTENDANCE RANGES FROM 325 TO 650 INDIVIDUALS. 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 51 0 1 36 1 1 1 0 0 0 0 0 0 0 X 14 13 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 GREGG E GOODNER CHAIR 2.00 X X 0 0 0 BRETT WOOD PRESIDENT 2.00 X X 0 0 0 KEVIN O'NEILL VICE PRESIDENT 2.00 X X 0 0 0 STEVE BUCCELLA DIRECTOR 2.00 X 0 0 0 BRYAN CAREY DIRECTOR 2.00 X 0 0 0 BRIAN COHEN DIRECTOR 2.00 X 0 0 0 RICK FOX DIRECTOR 2.00 X 0 0 0 BRIAN JENSEN DIRECTOR 2.00 X 0 0 0 BRIAN REH DIRECTOR 2.00 X 0 0 0 ARTHUR H STROYD JR DIRECTOR 2.00 X 0 0 0 E LARRY STRAYHORN DIRECTOR 2.00 X 0 0 0 COLIN WILSON DIRECTOR 2.00 X 0 0 0 DAVID YOUNG DIRECTOR 2.00 X 0 0 0 GEORGE PREST CEO 40.00 X X 492266 0 51396 MIKE LAURENT CONTROLLER 40.00 X 119625 0 23334 JOHN PAXTON COO AND CEO DESIGNATE 40.00 X 144850 0 24562 GREG BAER DIRECTOR OF SALES 40.00 X 170892 0 33021 THOMAS CARBOTT SENIOR VP OF EXHIBITIONS 40.00 X 267439 0 46344 CAROL MILLER VP - MARKETING & COMMUNICATIONS 40.00 X 142465 0 36586 BRIAN REAVES EXECUTIVE VP 40.00 X 283239 0 26693 DOUGLAS REED EVP - STRATEGIC DEVELOPMENT 40.00 X 257350 0 49906 1878126 0 291842 12 0 1 0 SME ENTERTAINMENT GROUP 11640 SAN VICENTE BLVD LOS ANGELES CA 90049 SPEAKER FEES 414500 DEL SOLE CAVANAUGH STROYD LLC THREE PPG PLACE STE 600 PITTSBURGH PA 15222 LEGAL SERVICES 199820 DELOITTE CONSULTING LLP PO BOX 844717 DALLAS TX 75284 RESEARCH STUDY REPORT 195700 PRESTIGE ECONOMICS 7101 FIG VINE COVE STE 101 AUSTIN TX 78750 ECONOMIST 168281 THERESA MOORE CONSULTING LLC 1023 PARK AVE RICHMOND VA 23220 CONSULTING 156450 6 TRADE SHOW 900099 11157710 10810410 347300 MEMBERSHIP DUES 900099 2560900 2560900 INDUSTRY MEETINGS 900099 711412 711412 INDUSTRY GROUPS 900099 295254 295254 CAREER EDUCATION PROGRAM 900099 42258 42258 14767534 527387 527387 1097220 1166100 -68880 -68880 -27914 -40966 9740724 9382826 357898 357898 357898 ADVERTISING 541800 177955 177955 MANAGEMENT FEES 561000 20000 20000 132207 132207 330162 15914101 14572441 497341 844319 335419 895100 3012210 140455 458468 221799 115533 42375 142605 128365 101051 235700 194580 62580 1957817 192087 23978 TRADE SHOW EXPENSES 6110552 COMMITTEE OPERATIONS 1355065 INDUSTRY GROUP EXPENSE 285199 52111 16063049 2932671 2189879 1028549 615740 109086 183248 12796 16134 921740 618200 14814574 2221291 9671737 12593283 19911240 21625248 51989 147179 40116 249651 34679924 38238562 605843 1811591 10220725 14389760 4098551 3945157 135472 123692 15060591 20270200 X 19619333 17968362 19619333 17968362 34679924 38238562 X -148948 -1642714 140691 X 0 1 X 1 0 0 1 0 2268905 2268905 9603102 461945 9141157 2250857 1759346 491511 691710 691710 12593283 PREPAID RENT 38010 TENANT SECURITY DEPOSITS 85682 123692 X PART X, LINE 2: MHI IS 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 (THE "CODE") AND APPLICABLE STATE STATUTES. MHI IS LIABLE FOR FEDERAL AND STATE TAXES ON ANY UNRELATED BUSINESS INCOME, AS DEFINED IN THE CODE. MHI FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MHI'S 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, 2018 AND 2017, AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. 1 BINGHAMTON UNIVERSITY 4400 VESTAL PKWY BINGHAMTON NY 13902 166053710 501(C)(3) 17500 UNIVERSITY RESEARCH CLEMSON UNIV OFFICE SPONRD PROGRAMS 230 KAPPA ST CLEMSON SC 29634 576000254 501(C)(3) 50000 UNIVERSITY RESEARCH MATERIAL HANDLING EDUCATION FOUNDATION INC 8720 RED OAK BLVD CHARLOTTE NC 28217 251303313 501(C)(3) 86260 20000 BOOK MANAGEMENT UNIVERSITY SCHOLARSHIP PROGRAM/CAREER TECHNICAL EDUCATION PROGRAM TEXAS STATE UNIVERSITY 601 UNIVERSITY DRIVE SAN MARCOS TX 78666 741982979 501(C)(3) 25000 UNIVERSITY RESEARCH VIRGINIA TECH OFFICE OF SPONSORED PROGRAMS 300 TURNER ST NW SUITE 4200 BLACKSBURG VA 24061 546001805 501(C)(3) 90000 UNIVERSITY RESEARCH WEST VIRGINIA UNIVERSITY 395 EVANSDALE DR MORGANTOWN WV 26506 412260828 501(C)(3) 17500 UNIVERSITY RESEARCH 6 0 PART I, LINE 2: THE BOARD OVERSEES ALL GRANTS TO ENSURE FUNDS ARE USED APPROPRIATELY. X X X 1 1 X X X X X 1 0 0 GEORGE PREST CEO 405014 0 64890 0 22362 0 24750 0 26646 0 543662 0 0 0 JOHN PAXTON COO AND CEO DESIGNATE 104850 0 0 0 40000 0 1400 0 23162 0 169412 0 0 0 GREG BAER DIRECTOR OF SALES 78467 0 0 0 92425 0 7632 0 25389 0 203913 0 0 0 THOMAS CARBOTT SENIOR VP OF EXHIBITIONS 224065 0 43374 0 0 0 19698 0 26646 0 313783 0 0 0 CAROL MILLER VP - MARKETING & COMMUNICATIONS 142465 0 0 0 0 0 13662 0 22924 0 179051 0 0 0 BRIAN REAVES EXECUTIVE VP 136389 0 33000 0 113850 0 3131 0 23562 0 309932 0 0 0 DOUGLAS REED EVP - STRATEGIC DEVELOPMENT 242350 0 15000 0 0 0 14850 0 35056 0 307256 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. PERSONS WHO RECEIVED THIS NONTAXABLE BENEFIT WERE GEORGE PREST, BRIAN REAVES AND THOMAS CARBOTT. HEALTH CLUB DUES RECEIVED BY GEORGE PREST WERE TREATED AS TAXABLE COMPENSATION. THE TAXABLE VALUE OF THE HEALTH CLUB DUES IS GROSSED-UP FOR TAX PURPOSES. PART I, LINE 4A DURING 2018, BRIAN REAVES RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $113,850. 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. FORM 990, PART XI, LINE 9: CHANGE IN INCOME TAX BENEFIT 140,691.