Civic Intelligence

Manufactured Housing Institute

EIN 36-2085558 • 501(c)6 • Arlington, VA

Profile

Improve the overall operating environment for the manufactured housing industry and expand the demand for manufactured homes by seeking fair and equitable treatment in the marketplace and in the regulatory and legislative arenas.

1655 Fort Myer Drive 200Arlington, VA 22209

www.mfghome.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.10x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.15x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$523,829

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

75th percentile

13%

Faster asset growth than 75% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

15%

Faster revenue growth than 74% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,103,799

Up $1,780,132 (+19%) from 2022

Liabilities

Down

$1,157,626

Down $606,870 (-34%) from 2022

Net Assets

Up

$9,946,173

Up $2,387,002 (+32%) from 2022

Revenue

Up

$7,848,973

Up $618,081 (+8.5%) from 2022

Expenses

Up

$6,647,073

Up $500,227 (+8.1%) from 2022

Net Income

Up

$1,201,900

Up $117,854 (+11%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2013: $2,381,267Liabilities 2013: $322,891Net Assets 2013: $2,058,3762013Assets 2015: $3,193,026Liabilities 2015: $556,197Net Assets 2015: $2,636,8292015Assets 2016: $3,729,509Liabilities 2016: $621,470Net Assets 2016: $3,108,0392016Assets 2017: $4,850,560Liabilities 2017: $1,114,259Net Assets 2017: $3,736,3012017Assets 2018: $5,321,407Liabilities 2018: $1,173,506Net Assets 2018: $4,147,9012018Assets 2019: $6,418,549Liabilities 2019: $1,392,642Net Assets 2019: $5,025,9072019Assets 2021: $8,789,022Liabilities 2021: $1,427,350Net Assets 2021: $7,361,6722021Assets 2022: $9,323,667Liabilities 2022: $1,764,496Net Assets 2022: $7,559,1712022Assets 2024: $11,103,799Liabilities 2024: $1,157,626Net Assets 2024: $9,946,1732024

Highlighted filing

2024

Assets$11,103,799
Liabilities$1,157,626
Net Assets$9,946,173

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2013: $2,997,811Expenses 2013: $2,537,193Net Income 2013: $460,6182013Revenue 2015: $3,776,281Expenses 2015: $3,473,211Net Income 2015: $303,0702015Revenue 2016: $4,609,182Expenses 2016: $4,216,452Net Income 2016: $392,7302016Revenue 2017: $5,333,742Expenses 2017: $4,915,513Net Income 2017: $418,2292017Revenue 2018: $5,855,054Expenses 2018: $5,258,256Net Income 2018: $596,7982018Revenue 2019: $6,121,498Expenses 2019: $5,681,087Net Income 2019: $440,4112019Revenue 2021: $5,319,106Expenses 2021: $4,068,666Net Income 2021: $1,250,4402021Revenue 2022: $7,230,892Expenses 2022: $6,146,846Net Income 2022: $1,084,0462022Revenue 2024: $7,848,973Expenses 2024: $6,647,073Net Income 2024: $1,201,9002024

Highlighted filing

2024

Revenue$7,848,973
Expenses$6,647,073
Net Income$1,201,900

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$10,466,333
Mission and Program Overview

Mission

The manufactured housing institute (mhi) is the only national trade organization representing all segments of the factory-built housing industry. Mhi members include home builders, retailers, community operators, lenders, suppliers and affiliated state organizations. Members are responsible for more than 85 percent of the homes produced each year.

National trade organization representing all segments of the factory-built housing industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,366,062$8,704,891▲ $2,338,829
Savings and Temporary Cash Investments$1,631,819$719,669▼ $912,150
Accounts Receivable$528,762$567,696▲ $38,934
Cash and Non-Interest-Bearing Accounts$432,339$419,704▼ $12,635
Prepaid Expenses and Deferred Charges$124,230$198,817▲ $74,587
Land, Buildings, and Equipment, Net$184,263$113,323▼ $70,940
Total Assets$9,862,453$11,103,799▲ $1,241,346
Other Assets Total$594,978$379,699▼ $215,279
Liabilities
Other Liabilities$800,687$502,373▼ $298,314
Accounts Payable and Accrued Expenses$390,355$381,640▼ $8,715
Deferred Revenue$139,076$273,613▲ $134,537
Total Liabilities$1,330,118$1,157,626▼ $172,492
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,247,683$9,636,705▲ $1,389,022
Net Assets With Donor Restrictions$284,652$309,468▲ $24,816
Total Net Assets Fund Balance$8,532,335$9,946,173▲ $1,413,838
Total Liabilities and Net Assets / Fund Balance$9,862,453$11,103,799▲ $1,241,346

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$9,201$380,174$389,375
Other Land Buildings$85,563$175,479$261,042
Equipment$18,559$108,740$127,299
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark D BowersoxPresidentFT$412,675$111,154$523,829
Lesli Mccollum GoochChief Executive OfficerFT$411,475$102,968$514,443
Anne LadewigVP of Marketing and MembershipFT$144,400$37,369$181,769
Naida StruykDirector of MeetingsFT$125,232$33,633$158,865
Gay a WestbrookSVP of Political and Public AffairsFT$128,950$29,067$158,017

Board Members and Trustees

NameTitle
William C BoorChair
Leo a PoggionePast Chair
Patrick WaiteVice Chair
F R DailyDirector
James AyotteDirector
Jody GabelDirector
John LoucksDirector
Karl RaddeDirector
Knute ChaunceyDirector
Matt NinoDirector
Michael RetzerDirector
Ron BunceDirector
Ronny O RobertsonDirector
Timothy W WilliamsDirector
Wade LyallDirector
Jennifer HallDirector (until 09/24)
William RaffoulDirector (until 09/24)
Cody PearceSecretary
Walden ButtramTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mindset Advocacy LLCLobbying Services455 MASSACHUSETTS AVENUE NORTHWEST, Washington, DC 22102$240,000
Simpson Mcmahan Glick & Burford PllcLegal Services100 CONCOURSE PARKWAY SUITE 310 WES, Hoover, AL 35244$233,823
Maynard NexsenLegal ServicesDEPT 6575 PO BOX 11407, Birmingham, AL 35246$220,563
Vault Consulting LLCAccounting Services8401 GREENSBORO DRIVE, Mclean, VA 22102$191,652
Ndp AnalyticsEconomic Data & Research Support1730 RHODE ISLAND AVE NW SUITE 205, Washington, DC 20036$150,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,249,262
Investment Income
$523,040
Other Revenue
$76,671
Change in Net Assets
$1,201,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,296,251
Salaries, Compensation, and Employee Benefits$2,350,822
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$1,038,272
Other Salaries and Wages---$999,699
Conferences and Meetings---$987,139
Fees for Services Other---$697,026
Fees for Services Legal---$530,043
Fees for Services Lobbying---$510,078
Advertising---$262,180
Occupancy---$226,789
Travel---$205,309
All Other Expenses---$202,814
Fees for Services Accounting---$191,652
Other Employee Benefits---$169,451
Payroll Taxes---$108,323
Other Expenses---$102,116
Information Technology---$78,593
Depreciation Depletion---$74,893
Office Expenses---$64,613
Fees for Service Investment Mgmnt Fees---$41,021
Pension Plan Contributions---$35,077
Insurance---$13,684
Total Functional Expenses$0$0$0$6,647,073
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$1,341,057
Total Nondeductible Lobbying and Political Cost$1,341,057
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability Operating$396,454
457b Long Term Liability$105,919
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee may act in place of the board of directors between board meetings. Notice of all actions taken at such meetings shall be sent to the board of directors within ten days. Three of the five members, which must include either the chair or vice chair, shall constitute a quorum. A majority of those present at a validly constituted meeting shall be necessary for initiation, approval or ratification of any action of the executive committee. The executive committee shall consist of the chair, vice chair, secretary, treasurer, and immediate past chair of mhi, all of whom also serve on the board of directors.

Form 990, Part VI, Section A, Line 6

1. Manufacturer member: a manufacturer member fabricates manufactured and/or modular housing units. The classification, qualification, and privileges of manufacturer members shall be governed by article x of these bylaws. Manufacturers will be organized in a manufactured housing division and a modular housing division. Manufacturer members are eligible to vote and hold elective office. 2. Community owner member: a community owner member is an entity that is either an owner or a fee manager of a land-lease community. The classification, qualification, and privileges of community owner members shall be governed by article x of these bylaws. Community owner members will be organized in a communities division, also known as the national communities council. Community owner members are eligible to vote and hold elective office. A community owner member must be a member of a state association member representing the state in which the community owner member's headquarters office is located or the state in which the plurality of its communities are located. 3. Community affiliate member: a community affiliate member is an entity whose primary business supports the development, finance or operation of land-lease communities but is not a community owner, community manager or builder-developer. The classification, qualification, and privileges of community affiliate members shall be governed by article x of these bylaws. Community affiliate members will be organized in a communities division, also known as the national communities council. Community affiliate members are eligible to vote and hold elective office. 4. Financial services member: a financial services member provides financial services to manufacturers, retail sellers, buyers or owners of manufactured homes. The classification, qualification and privileges of financial services members shall be governed by article x of these bylaws. Financial services members will be organized in a financial services division. Financial services members are eligible to vote and hold elective office. 5. Supplier member. A supplier member provides services (other than financial services), goods or equipment to manufacturers and owners of manufactured and/or modular homes. The classification, qualification and privileges of supplier members shall be governed by article x of these bylaws. Suppliers will be organized in a suppliers division. Supplier members are eligible to vote and hold elective office. 6. State association member: a state association member is a state association representing any aspect of the factory-built housing industry. The classification, qualification and privileges of state association members shall be governed by article x of these bylaws. State association members will be organized in a federated states division and shall appoint one certified representative and up to two alternate certified representatives. State association executives may be appointed as state association certified representatives to the federated states division. Retailer certified representatives of state association members will be organized in a retail division, also known as the national retailers council. Community certified representatives of state associations will be organized in a communities division, also known as the national communities council. State association members are eligible to vote and hold elective office. 7. Retailer member: a retailer member is an entity that is an owner of a manufactured and/or modular home retail sales center with a physical location for the display of models (on site, on private property or in planned or land-lease communities) for the sale of manufactured and/or modular homes. The classification, qualification, and privileges of retailer members shall be governed by article x of these bylaws. Retailer members will be organized in a retail division, also known as the national retailers council. Retailer members are eligible to vote and hold elective off

Form 990, Part VI, Section A, Line 7A

See explanation above regarding classes of members.

Form 990, Part VI, Section A, Line 7B

See explanations above regarding classes of members and voting rights.

Form 990, Part VI, Section A, Line 8B

While there are no minutes kept for executive committee meetings, any significant decisions made at those meetings will be presented at the full board meeting and documented in those minutes.

Form 990, Part VI, Section B, Line 11B

The president and ceo review the 990 before filing. The final 990 is shared with the treasurer. The form 990 is prepared by an independent accounting firm.

Form 990, Part VI, Section B, Line 15A

The compensation is set by independent persons using comparability data. Contemporaneous documentation is maintained. The process described here was last completed in 2024.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available to the public upon written request to the president of the organization.

Filing and Contact Details

Filer

Filer Name
Manufactured Housing Institute
EIN
36-2085558
Phone
7035580400
Address
1655 FORT MYER DRIVE 200, ARLINGTON, VA 22209

Signing Officer

Name
Mark Bowersox
Title
President
Phone
7035580400
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Bowersox
Formed
1936
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
15
Volunteers
20

Preparer

Firm
Cliftonlarsonallen Llp
Address
950 NORTH GLEBE ROAD SUITE 1200, ARLINGTON, VA 22203
Preparer
Robert Williams
Phone
5712279500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Special projects 16,104. Other professional fees 680,922.

Raw XML AppendixShowing 400 of 696 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE MANUFACTURED HOUSING INSTITUTE (MHI) IS THE ONLY NATIONAL TRADE ORGANIZATION REPRESENTING ALL SEGMENTS OF THE FACTORY-BUILT HOUSING INDUSTRY. MHI MEMBERS INCLUDE HOME BUILDERS, RETAILERS, COMMUNITY OPERATORS, LENDERS, SUPPLIERS AND AFFILIATED STATE ORGANIZATIONS. MEMBERS ARE RESPONSIBLE FOR APPROXIMATELY 90 PERCENT OF THE HOMES PRODUCED EACH YEAR.
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