MATERIAL HANDLING INDUSTRY: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
MATERIAL HANDLING INDUSTRY (EIN 56-1596147)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-17
IRS object ID
202602609349301950
Schema version
2025v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-09-17T14:51:10-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882730877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 METROPOLITAN AVE STE 900AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561596147EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATERIAL HANDLING INDUSTRYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMATEBusinessNameControlTxt
Phone7046761190PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18720 RED OAK BLVD 201AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGRAY MURRAYPersonNm
Person TitleVP FINANCEPersonTitleTxt
Phone7047148727PhoneNum
Signature2026-09-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBREE-ANN WEIDNERPreparerPersonNm
PTINP01319397PTIN
Phone7043771678PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1MHIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJOHN PAXTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18720 RED OAK BLVD 201AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$69,222,158GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.MHI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1945FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRYActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee64TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$1,294,121TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$204,217NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$30,910,305PYProgramServiceRevenueAmt
CY Program Service Revenue$36,140,061CYProgramServiceRevenueAmt
PY Investment Income$784,478PYInvestmentIncomeAmt
CY Investment Income$1,194,096CYInvestmentIncomeAmt
PY Other Revenue$1,159,599PYOtherRevenueAmt
CY Other Revenue$893,052CYOtherRevenueAmt
PY Total Revenue$32,854,382PYTotalRevenueAmt
CY Total Revenue$38,227,209CYTotalRevenueAmt
PY Grants And Similar Paid$610,452PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$396,680CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,650,145PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,555,422CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$16,135,458PYOtherExpensesAmt
CY Other Expenses$20,147,205CYOtherExpensesAmt
PY Total Expenses$25,396,055PYTotalExpensesAmt
CY Total Expenses$30,099,307CYTotalExpensesAmt
PY Revenues Less Expenses$7,458,327PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,127,902CYRevenuesLessExpensesAmt
Total Assets BOY$85,651,042TotalAssetsBOYAmt
Total Assets EOY$100,664,602TotalAssetsEOYAmt
Total Liabilities BOY$32,237,224TotalLiabilitiesBOYAmt
Total Liabilities EOY$31,323,440TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$53,413,818NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$69,341,162NetAssetsOrFundBalancesEOYAmt
MissionTO DELIVER MEMBER VALUE EVERY DAY. VISION - TO BE THE AUTHORATIVE RESOURCE FOR MATERIAL HANDLING INDUSTRYMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROMAT 2025 BROUGHT THE MANUFACTURING AND SUPPLY CHAIN INDUSTRY TOGETHER ON MARCH 17-20 AT CHICAGO'S MCCORMICK PLACE, WITH 52,223 VISITORS CONNECTING WITH 1,160 EXHIBITS ACROSS 659,000 NET SQUARE FEET FOR LEARNING, ENGAGING, AND DISCOVERING EQUIPMENT AND TECHNOLOGY INNOVATIONS TO BUILD SUPPLY CHAIN EFFICIENCY AND RESILIENCE. PROMAT 2025 INCLUDED OVER 215 EDUCATIONAL SEMINARS AND FOUR KEYNOTES, THE MHI INDUSTRY NIGHT ENTERTAINMENT EVENT, AND INNOVATION AWARDS FOR BEST NEW PRODUCT, BEST INNOVATION OF AN EXISTING PRODUCT, BEST SUSTAINABILITY, AND BEST IT INNOVATIONS. PROMAT 2025 STUDENT DAY ON MARCH 19 AND WELCOMED HUNDREDS OF HIGH SCHOOL AND UNIVERSITY STUDENTS AS WELL AS EDUCATORS TO THE EVENT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescTHE WERC 2025 ANNUAL CONFERENCE, WAS A PREMIER EVENT FOR PROFESSIONALS IN THE WAREHOUSING, DISTRIBUTION, AND LOGISTICS SECTORS. THE CONFERENCE OFFERS A BLEND OF EDUCATIONAL SESSIONS, INDUSTRY-SPECIFIC MEETINGS, AND NETWORKING OPPORTUNITIES AIMED AT TACKLING CURRENT SUPPLY CHAIN CHALLENGES. ATTENDEES HAVE THE CHANCE TO EXPLORE KEY TOPICS SUCH AS OPERATIONAL EFFICIENCY, EMERGING TECHNOLOGY, AND WORKFORCE STRATEGIES, WHILE ALSO PARTICIPATING IN FACILITY TOURS AND HANDS-ON WORKSHOPS. THIS YEAR'S EVENT WAS DESIGNED TO PROVIDE ACTIONABLE INSIGHTS FOR LEADERS ACROSS ALL CAREER STAGES, HELPING THEM IMPLEMENT BEST PRACTICES WITHIN THEIR ORGANIZATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescMEMBERSHIP MEETINGS: TWO MEMBERSHIP MEETINGS WERE HELD IN 2025, THE MHI SPRING MEETING AND THE MHI ANNUAL CONFERENCE. BOTH MEETINGS ARE INTERACTIVE THOUGHT LEADERSHIP EVENTS 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.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document55IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee64EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGRAY MURRAYPersonNm
Phone7047148727PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18720 RED OAK BLVDAddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28217ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN PAXTON
CEO40.000.00Yes (X)Yes (X)$621,884$0$103,800
BRIAN REH
CHAIRMAN2.000.00Yes (X)Yes (X)$0$0$0
EDDIE MURPHY
PRESIDENT2.000.00Yes (X)Yes (X)$0$0$0
CHRIS BECKER
VICE PRESIDENT2.000.00Yes (X)Yes (X)$0$0$0
ANNETTE DANEK-AKEY
DIRECTOR2.000.00Yes (X)$0$0$0
JAMES CABOT
DIRECTOR2.000.00Yes (X)$0$0$0
RICK FOX
DIRECTOR2.000.00Yes (X)$0$0$0
BRYAN JENSEN
DIRECTOR2.000.00Yes (X)$0$0$0
JASON MINGHINI
DIRECTOR2.000.00Yes (X)$0$0$0
KEVIN O'NEILL
DIRECTOR2.000.00Yes (X)$0$0$0
BRIAN C NEUWIRTH
DIRECTOR2.000.00Yes (X)$0$0$0
KAREN NORHEIM
DIRECTOR (TO 3/25)2.000.00Yes (X)$0$0$0
BRETT WOOD
DIRECTOR2.000.00Yes (X)$0$0$0
ARTHUR H STROYD
GENERAL COUNSEL & DIRECTOR12.000.00Yes (X)$0$0$0
GRAY MURRAY
VP OF FINANCE40.000.00Yes (X)$164,799$0$38,208
DANIEL MCKINNON
CHIEF EXHIBITIONS OFFICER40.000.00$394,135$0$57,094Yes (X)
CHRISTIAN DOW
EVP INDUSTRY LEADERSHIP & WF DEV.40.000.00$329,282$0$47,028Yes (X)
CHRISTY DULA
CHIEF EXP. & DIG. TECH OFFICER40.000.00$361,139$0$46,905Yes (X)
CAROL MILLER
CHIEF MARKETING OFFICER40.000.00$297,026$0$40,969Yes (X)
MICHAEL MIKITKA
EVP OF EDUCATION40.000.00$291,864$0$43,084Yes (X)
GREG BAER
VP SALES40.000.00$318,214$0$51,312Yes (X)
PAUL TRAINOR
EXHIBIT SALES MANAGER40.000.00$197,649$0$29,345Yes (X)
LORETTA BARTER
DIRECTOR OF HR40.000.00$160,653$0$25,452Yes (X)
MELISSA AUER
SR. DIR. OF EXHIBITOR SVCS.40.000.00$161,336$0$35,700Yes (X)
PATRICK DAVISON
DIRECTOR OF STANDARDS40.000.00$154,548$0$27,040Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,452,529TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$545,937TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K25IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GLOBAL EXPERIENCE SPECIALISTS INC
7000 LINDELL RDLAS VEGASNV89118EVENT LOGISTICS SERVICES$1,689,597
FREEMAN AUDIO VISUAL
PO BOX 734596DALLASTX753734596AUDIO VISUAL SERVICES$993,406
NMR NATIONAL MICRO RENTALS INC
28 ABEEL RDMONROE TOWNSHIPNJ08831EVENT SERVICES$612,985
BLUE SKY PRINTING
26296 12 TREES LN NW STE 190POULSBOWA98370COMMERCIAL PRINTING SERVICES$567,323
LEADING AUTHORITIES
150 N MICHIGAN AVENUE SUITE 340CHICAGOIL60601TALENT SERVICES$481,760
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K27CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TRADE SHOW900099$29,174,882$28,384,082$790,800
MEMBERSHIP DUES900099$3,852,820$3,852,820
INDUSTRY MEETINGS900099$1,260,770$1,260,770
WERC900099$1,196,664$1,128,807$67,857
INDUSTRY GROUPS900099$645,973$645,973

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,952TotalRevenueColumnAmt
Related Or Exempt Func Income$8,952RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$36,140,061TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$447,044TotalRevenueColumnAmt
Exclusion$447,044ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,435,915RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,498,829RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$62,914RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$62,914TotalRevenueColumnAmt
Unrelated Business Revenue-$12,694UnrelatedBusinessRevenueAmt
Exclusion-$50,220ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$30,243,172SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$29,496,120SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$747,052SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$747,052TotalRevenueColumnAmt
Exclusion$747,052ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
ADVERTISING541800$899,214$451,056$448,158
MANAGEMENT FEES561000$56,752$56,752
FieldValueIRS element (for citing)
Other Revenue Total$955,966OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,227,209TotalRevenueColumnAmt
Related Or Exempt Func Income$35,789,212RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,294,121UnrelatedBusinessRevenueAmt
Exclusion$1,143,876ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$396,680TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,837,217TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,911,807TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$490,650TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$833,431TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$482,317TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$127,229TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$63,971TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$192,299TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$411,735TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$991,121TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$16,393TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$49,515TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,878,041TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,958TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$276,206TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$37,049TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
TRADE SHOW EXPENSES$10,696,871
COMMITTEE OPERATIONS$2,389,796
WERC EXPENSE$1,276,993
INDUSTRY GROUP EXPENSE$513,666

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$217,362TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$30,099,307TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,901,831BOYAmt
EOY$12,300,609EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,108,139BOYAmt
EOY$3,514,787EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$170,420BOYAmt
EOY$199,523EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$7,473BOYAmt
EOY$7,473EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,663,017BOYAmt
EOY$2,258,932EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$19,196,378LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,428,071LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$13,622,300BOYAmt
EOY$12,768,307EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$55,874,723BOYAmt
EOY$68,593,813EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$132,537BOYAmt
EOY$894,250EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$170,602BOYAmt
EOY$126,908EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$85,651,042BOYAmt
EOY$100,664,602EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,666,776BOYAmt
EOY$1,166,949EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$27,349,383BOYAmt
EOY$26,914,849EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,098,384BOYAmt
EOY$3,080,238EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$122,681BOYAmt
EOY$161,404EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$32,237,224BOYAmt
EOY$31,323,440EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$53,413,818BOYAmt
EOY$69,341,162EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$53,413,818BOYAmt
EOY$69,341,162EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$85,651,042BOYAmt
EOY$100,664,602EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$8,127,902ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$7,799,442NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,268,905OtherCostOrOtherBasisAmt
Book Value$2,268,905BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,279,925OtherCostOrOtherBasisAmt
Depreciation$5,223,999DepreciationAmt
Book Value$10,055,926BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,577,811OtherCostOrOtherBasisAmt
Depreciation$1,204,072DepreciationAmt
Book Value$373,739BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$69,737OtherCostOrOtherBasisAmt
Book Value$69,737BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$12,768,307TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
PREPAID RENT$76,900
TENANT SECURITY DEPOSITS$84,504
FieldValueIRS element (for citing)
Total Liability$161,404TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMATERIAL 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 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, 2025 AND 2024 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
MATERIAL HANDLING EDUCATION FOUNDATION INC
8720 RED OAK BLVDCHARLOTTENC28217251303313501(C)(3)$250,000$0SCHOLARSHIP PROGRAM
MIAMI UNIVERSITY
301S CAMPUS AVEOXFORDOH45056316402089501(C)(3)$25,000$0ADVANCED MANUFACTURING RESEARCH LAB
FIRST NORTH CAROLINA
PO BOX 5715GREENSBORONC27435461301122501(C)(3)$25,000$0ROBOTICS PROGRAM
ANONYMOUS PHILANTHROPY LLC
436 MAIN STFRANKLINTN37064205224490501(C)(3)$50,000$0SKILLED CAREERS COALITION SPONSORSHIP
PBS IMPACT FOUNDATION INC
1025 CONNECTICUT AVE SUITE 917WASHINGTONDC20036861345351501(C)(3)$10,000$0PHI BETA SIGMA FRATERNITY, INC CONCLAVE TAMPA SPONSORSHIP
AMERICAN LOGISTICS AID NETWORK
PO BOX 1985AUBURNDALEFL33823260627264501(C)(3)$22,500$0SUPPORT FOR LOGISTIC SERVICE AID
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE BOARD OVERSEES ALL GRANTS TO ENSURE FUNDS ARE USED APPROPRIATELY.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOHN PAXTON
CEO$457,280$0$154,254$0$10,350$0$89,601$0$14,199$0$725,684$0$0$0
DANIEL MCKINNON
CHIEF EXHIBITIONS OFFICER$295,063$0$88,722$0$10,350$0$36,314$0$20,780$0$451,229$0$0$0
CHRISTY DULA
CHIEF EXP. & DIG. TECH OFFICER$271,345$0$79,444$0$10,350$0$33,429$0$13,476$0$408,044$0$0$0
CHRISTIAN DOW
EVP INDUSTRY LEADERSHIP & WF DEV.$267,133$0$51,799$0$10,350$0$32,863$0$14,165$0$376,310$0$0$0
GREG BAER
VP SALES$112,433$0$205,781$0$0$0$31,886$0$19,426$0$369,526$0$0$0
CAROL MILLER
CHIEF MARKETING OFFICER$220,403$0$66,273$0$10,350$0$27,127$0$13,842$0$337,995$0$0$0
MICHAEL MIKITKA
EVP OF EDUCATION$250,981$0$30,533$0$10,350$0$30,876$0$12,208$0$334,948$0$0$0
PAUL TRAINOR
EXHIBIT SALES MANAGER$84,123$0$113,526$0$0$0$21,267$0$8,078$0$226,994$0$0$0
GRAY MURRAY
VP OF FINANCE$149,000$0$15,799$0$0$0$18,330$0$19,878$0$203,007$0$0$0
MELISSA AUER
SR. DIR. OF EXHIBITOR SVCS.$119,886$0$41,450$0$0$0$16,079$0$19,621$0$197,036$0$0$0
LORETTA BARTER
DIRECTOR OF HR$133,826$0$26,827$0$0$0$16,470$0$8,982$0$186,105$0$0$0
PATRICK DAVISON
DIRECTOR OF STANDARDS$153,548$0$1,000$0$0$0$18,083$0$8,957$0$181,588$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATRAVEL 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, LINE 4BIN 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 2025 WAS $72,744. 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 MHI, FOR A REASON OTHER THAN CAUSE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4MHI BYLAW AMENDMENT - CHANGES WERE MADE TO THE DEFINITION OF "DEVELOPER" TO HELP ATTRACT COMPANIES THAT PROVIDE SPECIFIC AI SUPPLY CHAIN SOLUTIONS.
FORM 990, PART VI, SECTION A, LINE 6THE 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 11BPRIOR TO FILING, THE CEO AND VP OF FINANCE REVIEW THE RETURN. THE BOARD IS PROVIDED A FULL COPY AFTER FILING.
FORM 990, PART VI, SECTION B, LINE 12CANY 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 15THE 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 VISION. 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 19THE 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.

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