Material Handling Industry

Mhi

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

EIN: 561596147 ✦ Charlotte, NC ✦ Designated as a 501(c)(6)

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Overview

What is Material Handling Industry?

The Material Handling Industry (MHI), with a headquarters located at 8720 Red Oak Blvd, Charlotte, North Carolina, is a leading organization dedicated to delivering value to its members in the material handling industry. With a vision to be the authoritative resource for the industry, MHI hosts events, such as MODEX 2022, which brought together 37,000 visitors and 857 exhibitors to learn, engage, and discover the latest innovations in equipment and technology. This spectacular event covered 405,000 square feet and included 172 educational seminars, four keynotes, industry night entertainment, and innovation awards. MHI's mission is to deliver member value every day, providing resources and opportunities for growth within the material handling industry.


Official website here: www.mhi.org

Is Material Handling Industry legitimate?

Material Handling Industry is a legitimate nonprofit organization registered as a 501(c)(6) entity. Material Handling Industry 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: $729,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,263,791

For more financial information, click here


Official website here: www.mhi.org

What is the mission statement of Material Handling Industry?

The Material Handling Industry is dedicated to delivering value to its members every day. Its vision is to be the authoritative resource for the material handling industry. This organization brings together professionals from the manufacturing and supply chain sector annually for learning, engagement, and discovery of innovative equipment and technology. At its recent event, MODEX 2022, 37,000 visitors connected with 857 exhibits across 405,000 square feet. The occasion featured 172 educational seminars, four keynote speakers, industry night entertainment, and innovation awards for the best new product and IT innovation. Moreover, high school, university students, and educators were welcomed to the event.


Official website here: www.mhi.org

Who is the CEO of Material Handling Industry?

George Prest is the Principal Officer of Material Handling Industry. The CEO's salary of Material Handling Industry is $463,112 and their total compensation is $525,630.


Official website here: www.mhi.org

What is the revenue of Material Handling Industry?

Material Handling Industry's revenue in 2022 was $24,661,107.


Official website here: www.mhi.org

Who are the executives of Material Handling Industry and what are their salaries?

The average compensation at Material Handling Industry during 2022 was $110,952. There are 45 employees and 38 volunteers at Material Handling Industry.


Here are 20 key members and their salaries (Material Handling Industry's CEO's salary is $463,112 and their total compensation is $525,630):


Brett Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin O'Neill (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Jensen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Diebold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Reh (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Danek-Akey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Norheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian C Neuwirth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Minghini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Stroyd Jr (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paxton (Ceo)
  • Compensation: $463,112
  • Related: $0
  • Other: $62,518
Michael Laurent (Vp Finance)
  • Compensation: $174,370
  • Related: $0
  • Other: $29,053
Michael Mikitka (Evp Of Werc)
  • Compensation: $265,416
  • Related: $0
  • Other: $54,483
Christian Dow (Evp Of Membership)
  • Compensation: $262,876
  • Related: $0
  • Other: $46,541
Carol Miller (Chief Marketing Officer)
  • Compensation: $231,716
  • Related: $0
  • Other: $49,685
Christy Dula (Chief Digital Officer)
  • Compensation: $262,777
  • Related: $0
  • Other: $44,781
Daniel Mckinnon (Evp Of Exhibitions)
  • Compensation: $311,581
  • Related: $0
  • Other: $27,634


Official website here: www.mhi.org

Where can I find the form 990 for Material Handling Industry?

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


Official website here: www.mhi.org

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

Mission Statement of Material Handling Industry

The Material Handling Industry, a leading organization in its field, strives to deliver value to its members every day. Its vision is to establish itself as the authoritative resource for the material handling industry. This mission comes to life through events like MODEX, which brings together professionals from the manufacturing and supply chain sectors to explore innovations, learn from industry experts, and build resilience in the face of disruptions.

At MODEX 2022, over 37,000 visitors connected with 857 exhibits spread across 405,000 square feet. The event offered a rich learning experience through 172 educational seminars and four keynote speeches. The innovation awards celebrated the best new products and IT solutions gracing the material handling industry. The event also extended a warm welcome to high school, university students, and educators, nurturing the next generation of industry talent.

The Material Handling Industry serves as a dynamic hub for professionals seeking knowledge, networking opportunities, and access to cutting-edge technology. Its commitment to delivering value extends beyond its members, as it fosters collaboration, learning, and growth within the industry. Through events like MODEX, the organization fuels innovation and resilience, ensuring the material handling industry remains at the forefront of technology, knowledge, and progress.

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Impact




October, 2024

The Material Handling Industry plays a crucial role in enhancing supply chain efficiency and resilience, significantly impacting various sectors, including manufacturing and logistics. Events like MODEX 2022 exemplify the industry's commitment to innovation and collaboration, drawing together over 37,000 professionals to explore advancements in equipment and technology.

With 857 exhibits across 405,000 square feet, the event serves as a platform for showcasing cutting-edge solutions that address current challenges in supply chain management. The 172 educational seminars and keynote sessions provide invaluable insights, fostering knowledge exchange that empowers industry stakeholders to adapt and thrive amid disruptions.

Moreover, the inclusion of students and educators emphasizes the industry's dedication to developing the next generation of professionals, thus ensuring a sustainable future for material handling. By continuously delivering member value and acting as an authoritative resource, the Material Handling Industry not only enhances operational efficiencies but also drives community improvement. Ultimately, the industry's impact extends beyond economics, shaping a resilient landscape for logistics and manufacturing in today’s fast-paced environment.




This information is meant to be a general summary of Material Handling Industry. 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
$24,661,107 (2022)
Expenses
$19,306,489 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $873,790
  • Program Service Revenue: $21,433,445
  • Gross Receipts: $35,088,514

Assets and Liabilities:

  • Total Assets: $56,063,459
  • Total Liabilities: $27,544,259
  • Net Assets: $28,519,200

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Programs

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

TRADE SHOW

Revenue

$16,719,447

MEMBERSHIP DUES

Revenue

$3,115,108

INDUSTRY MEETINGS

Revenue

$1,107,810

INDUSTRY GROUPS

Revenue

$463,805

CAREER EDUCATION PROGRAM

Revenue

$27,275

Organization Details

Founding Year

1945

Principal Officer

George Prest

Main Address

8720 RED OAK BLVD 201, CHARLOTTE, NC, 28217

NTEE Category

Code: S41 - Community improvement

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