2016-11-15T12:54:25-06:00 2015-12-31 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2015-01-01 561596147 MATERIAL HANDLING INDUSTRY MATE 7046761190 8720 RED OAK BLVD No 201 CHARLOTTE NC 28217 MICHAEL J LAURENT CONTROLLER 7046761190 2016-11-13 1 Janice A Ratica P00358837 7043771678 2015 2017-02-10 21:41:12Z MHI GEORGE PREST 8720 red oak blvd suite 201 charlotte NC 28217 23638008 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 35 0 252855 34550 0 0 9097896 15636067 985986 503004 512561 562418 10596443 16701489 45150 168950 0 0 3555988 3785078 0 0 0 7145000 9317274 10746138 13271302 -149695 3430187 20796602 19843207 11452293 7666655 9344309 12176552 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: ProMat 2015 , held in Chicago's McCormick PLace, attracted 37,000 key decision makers in virtually all manufacturing, logistics, distribution and supply chain industries. The exposition featured solutions from 802 exhibitors covering over 340,000 square feet. Reflecting the global nature of the exposition, over 115 countries from 6 continents were represented at this years ProMat. ProMat 2015 included over 110 show floor educational seminars, keynote sessions, and a supply chain workforce summit. In addition to the seminars, a Classroom Day was held, with over 200 students from 48 schools, introducing students and educators to career opportunities in material handling, logistics and supply chain throuh hands on learning, offsite facility tours and networking with industry professionals. 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 265 TO 400 INDIVIDUALS. COLLEGE INDUSTRY COUNCIL MATERIAL HANDLING EDUCATION: CICMHE IS A COMMITTEE COMPOSED OF SIXTEEN 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 the Material Handling Teacher's Institute held July 13 - 17, 2015 at the University of Wisconsin -Madison. The event is designed for 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. This years event, attended by over 45 educators, included talks, facility tours and team activities. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 55 0 35 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 0 1 1 1 0 NC X MIKE LAURENT 7046761190 8720 RED OAK BLVD CHARLOTTE NC 282173992 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 WILLARD P HEDDLES DIRECTOR 2.00 X 0 0 0 DAVID LIPPERT DIRECTOR 2.00 X 0 0 0 BRIAN MCNAMARA DIRECTOR 2.00 X 0 0 0 COLIN WILSON Director 2.00 X 0 0 0 DAVE YOUNG Chairperson 2.00 X X 0 0 0 JOHN PAXTON President 2.00 X X 0 0 0 GREGG E GOODNER VICE PRESIDENT 2.00 X X 0 0 0 E LARRY STRAYHORN Last Retiring Ex. Chairman 2.00 X X 0 0 0 George Prest CEO 40.00 X X 398245 0 49614 Mike Laurent Controller 40.00 X 112544 0 18304 Jeff Woroniecki COO 40.00 X 277894 0 44848 Gary Forger Managing Director of Professional development 40.00 X 137489 0 36948 Thomas Carbott Senior VP of exhibitions 40.00 X 211577 0 41271 Carol Miller VP - Marketing & Communica 40.00 X 130205 0 28961 Daniel Stanton VP - Education & Profess. 40.00 X 200576 0 48602 matthew smurr senior director of industry groups 40.00 X 155573 0 12129 1624103 0 280677 8 0 1 0 MYTHIC 222 S CHURCH STREET - STE 200 CHARLOTTE NC 28202 MARKETING AND ADVERTISING SERVICES 483799 DELSOLE CAVANAUGH STOYD LLC THE WATERFRONT BUILDING SUITE 300 PITTSBURGH PA 15222 LEGAL SERVICES 168611 deloitte consulting LLP PO Box 844717 dallas TX 75284 research study report 150000 F HAL VANDIVER & ASSOCIATES 2106 WINDSOR COURT LITTLE ROCK AR 72212 forecasting marketing & sales planning 135390 prestige economics 7101 fig vine cove austin TX 78750 economist 130963 5 TRADE SHOW/INDUSTRY MTG 900099 13897017 13644162 252855 DUES 900099 1739050 1739050 15636067 589300 589300 6850223 6936519 -86296 -86296 -86296 INDUSTRY GROUP REVENUE 900099 414808 414808 MANAGERIAL SERVICES 900099 113418 113418 CAREER EDUCATION PROGRAM 900099 34192 34192 562418 16701489 15945630 252855 503004 155950 13000 3104951 251789 249908 178430 162982 37130 111408 149684 240562 35073 1406697 123360 72462 25640 TRADE SHOW EXPENSES 5174095 COMMITTEE OPERATIONS 1458485 INDUSTRY GROUP EXPENSE 187956 BANK SERVICE CHARGES 56462 75278 13271302 2314570 2278316 943437 1249119 10741 14317 56080 39833 175442 187810 1911365 1684556 170347 226809 17125985 15847003 20796602 19843207 331752 488299 11047466 7129169 73075 49187 11452293 7666655 X 9344309 12176552 9344309 12176552 20796602 19843207 3430187 -597944 0 X 0 1 X 1 0 51597 51597 0 932109 705300 226809 927659 927659 0 226809 EQUITY FUNDS 6774435 F fixed income funds 8238830 F alternative investments 833738 F 15847003 DEFERRED LEASE INCENTIVE 49187 49187 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, 2015 and 2014, and, accordingly, no liability has been accrued. Income tax returns filed prior to the year ended December 31, 2012 are no longer subject to audit by the taxing authorities. 1 0 0 0 0 0 0 0 0 0 europe university material handling research 13000 check cash 1 0 0 0 0 0 0 0 1 MATERIAL HANDLING EDUCATION FOUNDATION 8720 RED OAK BLVD CHARLOTTE NC 28217 251303313 501(C)(3) 54950 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) 50000 University material handling research embry-riddle aeronautical university 600 S Clyde Morris Blvd daytona beach FL 32114 590936101 501(C)(3)501(C)(3)50 11000 University material handling research georgia tech foundation 765 Ferst Drive NW atlanta GA 303320205 586043294 501(C)(3) 10000 University material handling research university of louisville Deveopment University Relations Buldg louisville KY 40292 237078461 501(C)(3) 20000 University material handling research american logistics aid network 333 E Butterfield Rd Ste 140 lombard IL 60148 260627264 501(C)(3) 10000 Supply chain humanitarian relief 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 0 0 0 George Prest CEO 321974 0 62192 0 14079 0 29150 0 20464 0 447859 0 0 0 Jeff Woroniecki COO 227770 0 44000 0 6124 0 24910 0 19938 0 322742 0 0 0 Gary Forger Managing Director of Professional de 135509 0 0 0 1980 0 16500 0 20448 0 174437 0 0 0 Thomas Carbott Senior VP of exhibitions 174541 0 34616 0 2420 0 19606 0 21665 0 252848 0 0 0 Carol Miller VP - Marketing & Communica 129584 0 0 0 621 0 15133 0 13828 0 159166 0 0 0 Daniel Stanton VP - Education & Profess. 170889 0 29292 0 395 0 20858 0 27744 0 249178 0 0 0 matthew smurr senior director of industry groups 154856 0 0 0 717 0 11173 0 956 0 167702 0 0 0 Part I, Line 1a TRAVEL FOR COMPANIONS - OPERATING OFFICERS TRAVEL WITH SPOUSES TO BONAFIDE BUSINESS EVENTS TO LIAISON WITH OTHER BOARD SPOUSES. TRAVEL EXPENSES ARE ONLY PAID IN ACCORDANCE WITH EMPLOYMENT CONTRACTS. F HAL VANDIVER & ASSOCIATES F. HAL VANDIVER, FORMER OFFICER, IS OWNER OF F. HAL VANDIVER & ASSOCIATES 135390 F. HAL VANDIVER, FORMER EXECUTIVE VP OF BUSINESS DEVELOPMENT OF MHI, developed "MHI Marketing Analysis Toolkit" (MHIMAT), a software program designed to aid with forecasting, market analysis and sales planning. ALL TRANSACTIONS WERE CONDUCTED AT ARM'S LENGTH AND AT FAIR MARKET VALUE. 0 JOHN B NOFSINGER JOHN NOFSINGER, FORMER CEO OF MHI 35000 PERFORMED MANAGEMENT ASSISTANCE SERVICES WITH STANDARDS DEVELOPMENT AND ACTIVITIES. ALL TRANSACTIONS WERE CONDUCTED AT ARM'S LENGTH AND AT FAIR MARKET VALUE. 0 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 11 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 x, question 2b: MHI'S FINANCIAL STATEMENTS ARE NOT AUDITED ON A CONSOLIDATED BASIS WITH THE AFFILIATED ASSOCIATIONS. RATHER, THEY ARE COMBINED FINANCIAL STATEMENTS THAT INCLUDE THE INDUSTRY GROUPS AND AFFILIATED ASSOCIATIONS. INDUSTRY GROUPS ARE COMMITTEES ESTABLISHED BY MHI WITH INTERNALLY DESIGNATED FUNDS. FIVE INCORPORATED ASSOCIATIONS ARE AFFILIATED WITH MHI BUT REPRESENT SEPARATE LEGAL ENTITIES, WHICH ARE UNDER COMMON MANAGEMENT WITH MHI.