2017-11-13T10:39:58-06:00 2016-12-31 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2016-01-01 561596147 MATERIAL HANDLING INDUSTRY MATE 7046761190 8720 RED OAK BLVD No 201 CHARLOTTE NC 28217 MICHAEL J LAURENT CONTROLLER 7046761190 2017-11-10 1 Amanda Adams P00748038 7043771678 38.142.98.34 2017-11-10 09:49:34 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2016 2017-02-10 21:41:12Z MHI GEORGE PREST 8720 red oak blvd suite 201 charlotte NC 28217 18660254 0 X WWW.MHI.ORG X 1945 PA TO DELIVER EXCEPTIONAL VALUE TO OUR MEMBER COMPANIES, THEIR CUSTOMERS AND OTHER INDUSTRY CONSTITUENTS IN ORDER TO PROMOTE THE GROWTH AND PROSPERITY OF THEIR ORGANIZATIONS AND OUR INDUSTRY. 13 12 0 0 304294 68377 0 0 15636067 11299148 503004 374417 562418 591080 16701489 12264645 168950 140850 0 0 3785078 3819488 0 0 0 9317274 8596264 13271302 12556602 3430187 -291957 19843207 26432635 7666655 14212030 12176552 12220605 X MHI is the NATION'S largest material handlinG, logistics, & SUPPLY CHAIN association representing the leading providers of material handling & LOGISTICS solutions that makeS supply chainS work. MHI members are material handling and logistics equipment, systems and software manufacturers; consultants; systems integrators and simulators; third party logistics providers and publishers. MHI provides educational, business development, networking and solution sourcing opportunities for its 800 member companies and for the larger community of manufacturing, distribution, logistics and supply. 0 0 Tradeshow & Conference: Modex 2016, held in Atlanta's Georgia World Congress Center, attracted nearly 25,000 key decision makers in virtually all manufacturing, logistics, distribution, and supply chain industries. The exposition featured solutions from 791 exhibitors covering over 225,000 square feet. Reflecting the global nature of the exposition, over 100 countries from 6 continents were represented at Modex 2016.Modex 2016 included over 100 show floor educational seminars, keynote sessions, and a supply chain education summit. In addition, a student day program was held with over 300 high school and university students attending, introducing students and educators to career opportunities in material handling, logistics, and supply chain with faculty and exhibit tours. 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 SCHEDULE. MEMBER ATTENDANCE RANGES FROM 315 TO 525 INDIVIDUALS. COLLEGE INDUSTRY COUNCIL MATERIAL HANDLING EDUCATION: CICMHE IS A COMMITTEE COMPOSED OF fifteen COLLEGE AND UNIVERSITY EDUCATORS AND FIVE MATERIAL HANDLING INDUSTRY MEMBERS MISSIONED TO INCREASE AWARENESS, UNDERSTANDING, EXPLORATION, AND DEVELOPMENT OF MATERIAL HANDLING AND LOGISTICS THROUGH FOSTERING AND NURTURING HIGH VALUE PROJECTS AND EVENTS.One such event was 14th International Material Handling Research Colloquium held June 12-16, 2016 at the Karlsruhe Institute of Technology, Baden-Wurttemberg, Germany. The event is designed for university faculty at all levels of experience who are directly involved in the teaching of material handling, facilities design/layout/logistics, operations and supply chain courses. Thirty-three research papers on the topic of "Advanced Technology and the Future of Material Handling & Logistics" were presented. 0 0 0 0 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 39 0 1 0 1 1 0 0 0 0 0 X 13 12 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 JOHN PAXTON Chair 2.00 X X 0 0 0 GREGG E GOODNER President 2.00 X X 0 0 0 Brett Wood VICE PRESIDENT 2.00 X X 0 0 0 Jay Anderson DIRECTOR 2.00 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 DAVID LIPPERT DIRECTOR 2.00 X 0 0 0 Kevin O'Neill 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 Dave Young DIRECTOR 2.00 X 0 0 0 George Prest CEO 40.00 X X 438318 0 55430 Mike Laurent Controller 40.00 X 114450 0 22012 Greg Baer Director of Sales 40.00 X 139333 0 9182 Thomas Carbott Senior VP of exhibitions 40.00 X 224091 0 47587 Carol Miller VP - Marketing & Communica 40.00 X 135073 0 34648 Jeff Woroniecki COO 40.00 X 142915 0 0 MATTHEW SMURR senior director of industr 40.00 X 161092 0 17882 1355272 0 186741 7 0 1 0 prestige economics 7101 fig vine cove austin TX 78750 economist 195367 DELSOLE CAVANAUGH STOYD LLC THE WATERFRONT BUILDING SUITE 300 PITTSBURGH PA 15222 LEGAL SERVICES 194202 deloitte consulting LLP PO Box 844717 dallas TX 75284 research study report 150000 3 TRADE SHOW/INDUSTRY MTG 900099 9009473 8726179 283294 DUES 900099 2289675 2289675 11299148 423513 423513 133423 133423 6346513 6395609 -49096 -49096 -49096 INDUSTRY GROUP REVENUE 900099 297536 297536 CAREER EDUCATION PROGRAM 900099 81290 81290 MANAGERIAL SERVICES 900099 21000 21000 57831 57831 457657 12264645 11452511 304294 507840 140850 630210 2534741 225707 222524 206306 126298 35595 123813 84866 147874 228617 70450 1490088 82406 28298 TRADE SHOW EXPENSES 4537191 COMMITTEE OPERATIONS 1312624 INDUSTRY GROUP EXPENSE 149213 SERVICE CHARGES 82045 96886 12556602 2278316 2652712 1249119 5356924 14317 63320 39833 20292 187810 923344 1956299 1726069 226809 230230 15847003 17185813 19843207 26432635 488299 331073 7129169 13860265 49187 20692 7666655 14212030 X 12176552 12220605 12176552 12220605 19843207 26432635 -291957 336010 0 X X 0 1 X 1 0 1956299 1726069 230230 230230 DEFERRED LEASE INCENTIVE 20692 20692 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, 2016 and 2015, and accordingly, no liability has been accrued. 1 MATERIAL HANDLING EDUCATION FOUNDATION 8720 RED OAK BLVD CHARLOTTE NC 28217 251303313 501(C)(3) 70850 University Scholarship Program and Technical Education Program auburn university 208 M White Smith Hall 381 Mell St auburn university AL 368495110 636000724 501(C)(3) 20000 University material handling research Clemson University 201 Sikes Hall Clemson SC 29634 576000254 501(C)(3) 12500 University material handling research University of Arkansas 1 University of Arkansas Fayetteville AR 72701 716003252 501(C)(3) 12500 University material handling research University of California Regents 4143 Etcheverry Hall Berkeley CA 94720 946002123 501(C)(3) 12500 University material handling research Virginia Tech 250 Durham Hall Blacksburg VA 24061 546001805 501(C)(3) 12500 University material handling research 6 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 0 0 0 George Prest CEO 374266 0 64052 0 0 0 29150 0 26280 0 493748 0 0 0 Thomas Carbott Senior VP of exhibitions 186662 0 37429 0 0 0 20390 0 27197 0 271678 0 0 0 Carol Miller VP - Marketing & Communica 135073 0 0 0 0 0 15657 0 18991 0 169721 0 0 0 MATTHEW SMURR senior director of industr 161092 0 0 0 0 0 17582 0 300 0 178974 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 and Thomas Carbott. Health dues received by George Prest and treated as taxable compensation. The taxable value of the membership dues is grossed-up for tax purposes. 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 XII, Line 2c There have been no changes from prior year.