Material Handling Industry
Nonprofit profile at a glance
- EIN
- 561596147
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025
- Location
- Charlotte, NC, USA
- Phone
- 7046761190
- Rating confidence
- Limited
Reported finances
- Revenue
- $38,227,209
- Expenses
- $30,099,307
- Assets
- $100,664,602
- Liabilities
- $31,323,440
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- JOHN PAXTON (CEO)
- EDDIE MURPHY (PRESIDENT)
- CHRIS BECKER (VICE PRESIDENT)
Highest reported compensation
- JOHN PAXTON (CEO): $725,684 total reported compensation
- DANIEL MCKINNON (CHIEF EXHIBITIONS OFFICER): $451,229 total reported compensation
- CHRISTY DULA (CHIEF EXP. & DIG. TECH OFFICER): $408,044 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To deliver member value every day. Vision - to be the authorative resource for material handling industry
What it reported doing in 2025
Promat 2025 brought the manufacturing and supply chain industry together on march 17-20 at chicago's mccormick place, with 52,223 visitors connecting with 1,160 exhibits across 659,000 net square feet for learning, engaging, and discovering equipment and technology innovations to build supply chain efficiency and resilience. Promat 2025 included over 215 educational seminars and four keynotes, the mhi industry night entertainment event, and innovation awards for best new product, best innovation of an existing product, best sustainability, and best it innovations. Promat 2025 student day on march 19 and welcomed hundreds of high school and university students as well as educators to the event.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 84
- Accountability: 91
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 4th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.4%; rating input score 96; 36th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.3%; rating input score 92; 21st percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.3%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 3.34; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 13.3%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.7% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 12 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $726K · 25 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.3M reported
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 13 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 18 filed money-flow records
- Related organizations: 6 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.