Civic Intelligence

Material Handling Equipment Distributors Association

990 • Fiscal year 2022 • EIN 36-2553797

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 28, 2023

Organization ProfileWWW.MHEDA.ORG

View Organization Page

118 South Main Street 11Wauconda, IL 60084

(847) 680-3500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.24x

Higher debt load relative to assets than 53% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.37x

Higher debt load relative to revenue than 54% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$380,223

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Asset Growth

47th percentile

-0.3%

Faster asset growth than 47% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$5,778,449

Down $17,417 (-0.3%) from 2021

Net Assets

Down

$4,403,254

Down $393,729 (-8.2%) from 2021

Liabilities

Up

$1,375,195

Up $376,312 (+38%) from 2021

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin64th percentile

Revenue

Up

$3,765,675

Up $463,915 (+14%) from 2021

Expenses

Up

$3,378,559

Up $662,788 (+24%) from 2021

Net Income

Down

$387,116

Down $198,873 (-34%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $3,297,974Liabilities 2013: $760,980Net Assets 2013: $2,536,9942013Assets 2014: $3,460,107Liabilities 2014: $744,567Net Assets 2014: $2,715,5402014Assets 2015: $3,660,986Liabilities 2015: $869,947Net Assets 2015: $2,791,0392015Assets 2016: $3,782,928Liabilities 2016: $880,754Net Assets 2016: $2,902,1742016Assets 2017: $4,118,796Liabilities 2017: $885,822Net Assets 2017: $3,232,9742017Assets 2018: $4,027,509Liabilities 2018: $958,190Net Assets 2018: $3,069,3192018Assets 2019: $4,560,237Liabilities 2019: $853,474Net Assets 2019: $3,706,7632019Assets 2020: $5,051,019Liabilities 2020: $1,008,723Net Assets 2020: $4,042,2962020Assets 2021: $5,795,866Liabilities 2021: $998,883Net Assets 2021: $4,796,9832021Assets 2022: $5,778,449Liabilities 2022: $1,375,195Net Assets 2022: $4,403,2542022Assets 2023: $6,310,199Liabilities 2023: $1,316,091Net Assets 2023: $4,994,1082023Assets 2024: $6,712,261Liabilities 2024: $1,250,103Net Assets 2024: $5,462,1582024

Highlighted filing

2022

Assets$5,778,449
Liabilities$1,375,195
Net Assets$4,403,254
Open 2022 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $2,282,449Expenses 2013: $2,128,941Net Income 2013: $153,5082013Revenue 2014: $2,440,938Expenses 2014: $2,231,338Net Income 2014: $209,6002014Revenue 2015: $2,586,142Expenses 2015: $2,390,177Net Income 2015: $195,9652015Revenue 2016: $2,728,042Expenses 2016: $2,669,292Net Income 2016: $58,7502016Revenue 2017: $2,756,632Expenses 2017: $2,574,955Net Income 2017: $181,6772017Revenue 2018: $2,922,555Expenses 2018: $2,938,420Net Income 2018: -$15,8652018Revenue 2019: $3,273,857Expenses 2019: $3,026,431Net Income 2019: $247,4262019Revenue 2020: $2,098,835Expenses 2020: $1,958,137Net Income 2020: $140,6982020Revenue 2021: $3,301,760Expenses 2021: $2,715,771Net Income 2021: $585,9892021Revenue 2022: $3,765,675Expenses 2022: $3,378,559Net Income 2022: $387,1162022Revenue 2023: $4,326,553Expenses 2023: $3,927,052Net Income 2023: $399,5012023Revenue 2024: $4,772,107Expenses 2024: $4,460,337Net Income 2024: $311,7702024

Highlighted filing

2022

Revenue$3,765,675
Expenses$3,378,559
Net Income$387,116
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2023
Return Version
2022v4.1
Gross Receipts
$4,543,301
Mission and Program Overview

Mission

To ensure member distributors are the preferred conduit to the market and to be a resource to all industry stakeholders.

The association offers its membership services related to education, public relations, and industry information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,157,423$3,696,271▼ $461,152
Savings and Temporary Cash Investments$1,045,939$1,438,267▲ $392,328
Prepaid Expenses and Deferred Charges$210,103$228,071▲ $17,968
Cash and Non-Interest-Bearing Accounts$286,028$227,664▼ $58,364
Land, Buildings, and Equipment, Net$80,696$59,794▼ $20,902
Accounts Receivable$747$19,000▲ $18,253
Investments Other Securities$349$349→ $0
Total Assets$5,795,866$5,778,449▼ $17,417
Other Assets Total$14,581$109,033▲ $94,452
Liabilities
Deferred Revenue$845,016$1,234,279▲ $389,263
Mortgage Notes Payable Secured by Investment Property$140,285--
Other Liabilities$4,600$98,682▲ $94,082
Accounts Payable and Accrued Expenses$8,982$42,234▲ $33,252
Total Liabilities$998,883$1,375,195▲ $376,312
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,796,983$4,403,254▼ $393,729
Total Net Assets Fund Balance$4,796,983$4,403,254▼ $393,729
Total Liabilities and Net Assets / Fund Balance$5,795,866$5,778,449▼ $17,417

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$59,794$329,906$389,700
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Liz RichardsChief Executive OfficerFT$285,000$95,223$380,223

Board Members and Trustees

NameTitle
Thomas AlberoChairman
John GelsiminoChairman-elect
Theodore SpringerImmediate Past Chairman
Nathan StoreyVice President
Mike VaughanAdvisory Board
Mike WallAdvisory Board
Darein GandallDirector
Darin BoikDirector
Gerardo Padilla GarzaDirector
Gregory BrownDirector
James HammondDirector
Jim MacgregorDirector
Lori PalmerDirector
Pete WomackDirector
Tim HojDirector
Tom DuckDirector
Van ClarksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,537,435
Investment Income
$228,240
Other Revenue
$0
Change in Net Assets
$387,116

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,765,675
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-780,845
Total Revenue per Audited Statements
$2,984,830
Total Revenue per Form 990
$3,765,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,954,345
Salaries, Compensation, and Employee Benefits$1,424,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,079,373
Other Salaries and Wages---$841,719
Current Officers, Directors, Trustees, and Key Employees---$380,223
Office Expenses---$155,377
Pension Plan Contributions---$123,748
Insurance---$116,626
Travel---$82,491
Payroll Taxes---$78,524
Other Expenses---$73,787
Depreciation Depletion---$34,133
All Other Expenses---$31,736
Fees for Services Accounting---$23,356
Fees for Service Investment Mgmnt Fees---$16,115
Occupancy---$14,972
Fees for Services Other---$14,577
Interest---$8,962
Fees for Services Legal---$1,383
Total Functional Expenses$0$0$0$3,378,559

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,378,559
Total Expenses per Audited Statements$3,378,559
Total Expenses per Form 990$3,378,559
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$98,682
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
Yes
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 6

“The association's members are individuals in the material handling equipment distributor industry and those suppliers/associates with a vested interest in the success of material handling distributors.”

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

“All members may apply themselves or submit another member to the nominating committee to serve on the board of directors.”

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

“Changes to the bylaws of the association are subject to approval by the membership of the association.”

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

“The form 990 and form 990-t is provided to the executive vice president and audit committee for review before filing.”

Form 990, Part VI, Section B, Line 12C

“Policy is reviewed annually at a board meeting”

Form 990, Part VI, Section B, Line 15

“The annual compensation paid to the chief executive officer is approved at a board of directors meeting. The salaries for other key employees are approved by the board as part of the budget approval process.”

Form 990, Part VI, Section C, Line 19

“The association's form 990 and 990-t, financial statements and conflict of interest policy will be made available upon written request.”

Filing and Contact Details

Filer

Filer Name
Material Handling Equipment
EIN
36-2553797
Phone
8476803500
Address
118 SOUTH MAIN STREET 11, WAUCONDA, IL 60084

Signing Officer

Name
Elizabeth Richards
Title
Chief Executive Officer
Phone
8476803500
Signed
2023-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Richards
Formed
1954
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
12
Volunteers
0

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
John T Wojcik
Phone
6309541400
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“The board of directors appoints the independent auditors and reviews the results of the audit.”

Raw XML AppendixShowing 400 of 520 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08982
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042234
IRS990/AccountsReceivableGrp/BOYAmt0747
IRS990/AccountsReceivableGrp/EOYAmt019000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ASSOCIATION OFFERS ITS MEMBERSHIP SERVICES RELATED TO EDUCATION, PUBLIC RELATIONS, AND INDUSTRY INFORMATION.
IRS990/AllOtherExpensesGrp/TotalAmt031736
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATERIAL HANDLING EQUIPMENT DISTRIB
IRS990/BooksInCareOfDetail/PhoneNum08476803500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0118 S MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAUCONDA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060084
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0286028
IRS990/CashNonInterestBearingGrp/EOYAmt0227664
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0380223
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt01079373
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0228240
IRS990/CYOtherExpensesAmt01954345
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03537435
IRS990/CYRevenuesLessExpensesAmt0387116
IRS990/CYSalariesCompEmpBnftPaidAmt01424214
IRS990/CYTotalExpensesAmt03378559
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03765675
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0845016
IRS990/DeferredRevenueGrp/EOYAmt01234279
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt034133
IRS990/Desc0EDUCATION OF INDEPENDENT DISTRIBUTORS IN THE METHOD AND PRACTICE NECESSARY FOR THEM TO BECOME THE MOST EFFICIENT MEDIUM THROUGH WHICH MATERIAL HANDLING EQUIPMENT MANUFACTURERS DISTRIBUTE THEIR PRODUCTS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt023356
IRS990/FeesForServicesLegalGrp/TotalAmt01383
IRS990/FeesForServicesOtherGrp/TotalAmt014577
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016115
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS ALBERO
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN GELSIMINO
IRS990/Form990PartVIISectionAGrp/PersonNm2VAN CLARKSON
IRS990/Form990PartVIISectionAGrp/PersonNm3NATHAN STOREY
IRS990/Form990PartVIISectionAGrp/PersonNm4THEODORE SPRINGER
IRS990/Form990PartVIISectionAGrp/PersonNm5DARIN BOIK
IRS990/Form990PartVIISectionAGrp/PersonNm6GREGORY BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM DUCK
IRS990/Form990PartVIISectionAGrp/PersonNm8DAREIN GANDALL
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm10TIM HOJ
IRS990/Form990PartVIISectionAGrp/PersonNm11JIM MACGREGOR
IRS990/Form990PartVIISectionAGrp/PersonNm12GERARDO PADILLA GARZA
IRS990/Form990PartVIISectionAGrp/PersonNm13LORI PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm14PETE WOMACK
IRS990/Form990PartVIISectionAGrp/PersonNm15MIKE VAUGHAN
IRS990/Form990PartVIISectionAGrp/PersonNm16MIKE WALL
IRS990/Form990PartVIISectionAGrp/PersonNm17LIZ RICHARDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17380223
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ADVISORY BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt16ADVISORY BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01954
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt036984
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0814610
IRS990/GrossReceiptsAmt04543301
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0116626
IRS990/InterestGrp/TotalAmt08962
IRS990/InvestmentIncomeGrp/ExclusionAmt0191256
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0191256
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0349
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0349
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04157423
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03696271
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0329906
IRS990/LandBldgEquipBasisNetGrp/BOYAmt080696
IRS990/LandBldgEquipBasisNetGrp/EOYAmt059794
IRS990/LandBldgEquipCostOrOtherBssAmt0389700
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0777626
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE EACH MEMBER'S SUCCESS THROUGH SUPERIOR PROGRAMMING IN THE AREAS OF BENCHMARKING, NETWORKING AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0140285
IRS990/NetAssetsOrFundBalancesBOYAmt04796983
IRS990/NetAssetsOrFundBalancesEOYAmt04403254
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt036984
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt036984
IRS990/NetUnrelatedBusTxblIncmAmt019145
IRS990/NetUnrlzdGainsLossesInvstAmt0-780845
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04796983
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04403254
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt014972
IRS990/OfficeExpensesGrp/TotalAmt0155377
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014581
IRS990/OtherAssetsTotalGrp/EOYAmt0109033
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SEMINARS
IRS990/OtherExpensesGrp/Desc2MEMBER PROMOTION
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS PUBLICATI
IRS990/OtherExpensesGrp/TotalAmt06514
IRS990/OtherExpensesGrp/TotalAmt1216728
IRS990/OtherExpensesGrp/TotalAmt278215
IRS990/OtherExpensesGrp/TotalAmt373787
IRS990/OtherLiabilitiesGrp/BOYAmt04600
IRS990/OtherLiabilitiesGrp/EOYAmt098682
IRS990/OtherSalariesAndWagesGrp/TotalAmt0841719
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt078524
IRS990/PensionPlanContributionsGrp/TotalAmt0123748
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0210103
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0228071
IRS990/PrincipalOfficerNm0ELIZABETH RICHARDS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONVENTION
IRS990/ProgramServiceRevenueGrp/Desc2EDUCATION SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc3DIRECTORY AD/OTHER
IRS990/ProgramServiceRevenueGrp/Desc4SERVICE CONTRACTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt050628
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01428853
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11447630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2308264
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt345427
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01451054
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11447630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2308264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3279859
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt450628
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt022201
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1234432
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0208657
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0189840
IRS990/PYOtherExpensesAmt01330838
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02903263
IRS990/PYRevenuesLessExpensesAmt0585989
IRS990/PYSalariesCompEmpBnftPaidAmt01384933
IRS990/PYTotalExpensesAmt02715771
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03301760
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0387116
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01045939
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01438267
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt059794
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0329906
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0389700
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03378559
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-780845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt098682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt0-780845
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03765675
IRS990ScheduleD/TotalBookValueLandBuildingsAmt059794
IRS990ScheduleD/TotalExpensesPerForm990Amt03378559
IRS990ScheduleD/TotalLiabilityAmt098682
IRS990ScheduleD/TotalRevenuePerForm990Amt03765675
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02984830
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03378559
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0285000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt095223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LIZ RICHARDS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0380223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TRAVEL IS PROVIDED TO SPOUSE OF BOARD MEMBERS TO ATTEND ANNUAL CONVENTION.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR PARTICIPATED IN A 457(B) DEFERRED COMPENSATION PLAN FOR A SELECT GROUP OF MANAGEMENT EMPLOYEES. THE ASSOCIATION CONTRIBUTED $17,500 TO THE PLAN.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION'S MEMBERS ARE INDIVIDUALS IN THE MATERIAL HANDLING EQUIPMENT DISTRIBUTOR INDUSTRY AND THOSE SUPPLIERS/ASSOCIATES WITH A VESTED INTEREST IN THE SUCCESS OF MATERIAL HANDLING DISTRIBUTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS MAY APPLY THEMSELVES OR SUBMIT ANOTHER MEMBER TO THE NOMINATING COMMITTEE TO SERVE ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES TO THE BYLAWS OF THE ASSOCIATION ARE SUBJECT TO APPROVAL BY THE MEMBERSHIP OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 AND FORM 990-T IS PROVIDED TO THE EXECUTIVE VICE PRESIDENT AND AUDIT COMMITTEE FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4POLICY IS REVIEWED ANNUALLY AT A BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ANNUAL COMPENSATION PAID TO THE CHIEF EXECUTIVE OFFICER IS APPROVED AT A BOARD OF DIRECTORS MEETING. THE SALARIES FOR OTHER KEY EMPLOYEES ARE APPROVED BY THE BOARD AS PART OF THE BUDGET APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ASSOCIATION'S FORM 990 AND 990-T, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY WILL BE MADE AVAILABLE UPON WRITTEN REQUEST.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,778,449
Liabilities
$1,375,195
Net assets
$4,403,254
Revenue
$3,765,675
Expenses
$3,378,559
Net income
$387,116
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.71$1.25$5.46$4.77$4.46$0.31
2023Detailed filing. Detailed filing data is available for this year.$6.31$1.32$4.99$4.33$3.93$0.40
2022Detailed filing. Detailed filing data is available for this year.$5.78$1.38$4.40$3.77$3.38$0.39
2021Detailed filing. Detailed filing data is available for this year.$5.80$1.00$4.80$3.30$2.72$0.59
2020Detailed filing. Detailed filing data is available for this year.$5.05$1.01$4.04$2.10$1.96$0.14
2019Detailed filing. Detailed filing data is available for this year.$4.56$0.85$3.71$3.27$3.03$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.03$0.96$3.07$2.92$2.94$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.12$0.89$3.23$2.76$2.57$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.78$0.88$2.90$2.73$2.67$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.66$0.87$2.79$2.59$2.39$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.46$0.74$2.72$2.44$2.23$0.21
2013Detailed filing. Detailed filing data is available for this year.$3.30$0.76$2.54$2.28$2.13$0.15