Material Handling Equipment Distributors Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362553797 ✦ Wauconda, IL ✦ Designated as a 501(c)(6)

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Overview

What is Material Handling Equipment Distributors Association?

The Material Handling Equipment Distributors Association is a nonprofit organization situated in Wauconda, Illinois. Its primary focus is to educate independent distributors, enabling them to effectively distribute material handling equipment produced by manufacturers. The association provides membership services in areas such as education, public relations, and industry information, with a mission to boost each member's success by offering superior programming in areas like benchmarking, networking, and education. The association, with a team of 12 employees, aims to enhance its members' performance and effectiveness in the material handling equipment distribution sector.


Official website here: www.mheda.org

Is Material Handling Equipment Distributors Association legitimate?

Material Handling Equipment Distributors Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Material Handling Equipment Distributors Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $380,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $841,719

For more financial information, click here


Official website here: www.mheda.org

What is the mission statement of Material Handling Equipment Distributors Association?

The Material Handling Equipment Distributors Association aims to enhance the success of its members by providing superior programming in the areas of benchmarking, networking, and education. This association offers membership services focused on education, public relations, and industry information, with the goal of helping independent distributors become more efficient in distributing material handling equipment manufacturers' products. By offering programs that foster learning and networking opportunities, the association aims to support its members in achieving greater success within their respective industries.


Official website here: www.mheda.org

Who is the CEO of Material Handling Equipment Distributors Association?

Elizabeth Richards is the Chairman of Material Handling Equipment Distributors Association. The CEO's salary of Material Handling Equipment Distributors Association is $380,223 and their total compensation is $380,223.


Official website here: www.mheda.org

What is the revenue of Material Handling Equipment Distributors Association?

Material Handling Equipment Distributors Association's revenue in 2022 was $3,765,675.


Official website here: www.mheda.org

Who are the executives of Material Handling Equipment Distributors Association and what are their salaries?

The average compensation at Material Handling Equipment Distributors Association during 2022 was $101,828. There are 12 employees at Material Handling Equipment Distributors Association.


Here are 18 key members and their salaries (Material Handling Equipment Distributors Association's CEO's salary is $380,223 and their total compensation is $380,223):


Thomas Albero (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gelsimino (Chairman-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Van Clarkson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Storey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Springer (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Boik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Duck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darein Gandall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hoj (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Macgregor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerardo Padilla Garza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Womack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Vaughan (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wall (Advisory Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Richards (Chief Executive Officer)
  • Compensation: $380,223
  • Related: $0
  • Other: $0


Official website here: www.mheda.org

Where can I find the form 990 for Material Handling Equipment Distributors Association?

Material Handling Equipment Distributors Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mheda.org

Learn more at the official website: www.mheda.org

Mission Statement of Material Handling Equipment Distributors Association

The Material Handling Equipment Distributors Association, a renowned organization, is dedicated to enhancing the success of its members. It achieves this goal by providing superior programming in the areas of benchmarking, networking, and education. The association's mission is to equip independent distributors with the necessary methods and practices to become the most efficient medium for material handling equipment manufacturers to distribute their products. By offering membership services related to education, public relations, and industry information, the Material Handling Equipment Distributors Association empowers its members to thrive in their respective fields.

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Impact




October, 2024

The Material Handling Equipment Distributors Association (MHEDA) significantly impacts the material handling industry by providing essential services tailored to the needs of independent distributors. Through its focus on education, public relations, and the dissemination of industry information, the association empowers its members to enhance their operational efficiency.

MHEDA offers comprehensive programming that includes benchmarking, networking opportunities, and educational resources, which are crucial for distributors looking to refine their methods and practices. This targeted support helps distributors become the most effective channels for manufacturers to reach their markets, ultimately driving improved performance and growth within the industry. By fostering collaboration among members and sharing best practices, the association plays a pivotal role in enhancing the overall success and sustainability of its members in the material handling sector.




This information is meant to be a general summary of Material Handling Equipment Distributors Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,765,675 (2022)
Expenses
$3,378,559 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $228,240
  • Program Service Revenue: $3,537,435
  • Gross Receipts: $4,543,301

Assets and Liabilities:

  • Total Assets: $5,778,449
  • Total Liabilities: $1,375,195
  • Net Assets: $4,403,254

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,451,054

CONVENTION

Revenue

$1,447,630

EDUCATION SEMINARS

Revenue

$308,264

DIRECTORY AD/OTHER

Revenue

$279,859

SERVICE CONTRACTS

Revenue

$50,628

Organization Details

Founding Year

1954

Principal Officer

Elizabeth Richards

Main Address

118 SOUTH MAIN STREET 11, WAUCONDA, IL, 60084

NTEE Category

Code: S41 - Community improvement

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