MANUFACTURED HOUSING INSTITUTE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

MARK BOWERSOX

Phone

7035580400

Tax Period

2023-01-01 to 2023-12-31

MANUFACTURED HOUSING INSTITUTE, founded in 1936, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $6.4M left a modest 6% surplus.

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.

Program Service Accomplishments

Program 1

PURSUED EQUITABLE INDUSTRY RECOGNITION IN THE ACTIVITIES OF THE LEGISLATIVE AND EXECUTIVE BRANCHES OF THE FEDERAL GOVERNMENT BY ANALYSIS OF FEDERAL LEGISLATION CONTAINING PROVISIONS AFFECTING THE...

PURSUED EQUITABLE INDUSTRY RECOGNITION IN THE ACTIVITIES OF THE LEGISLATIVE AND EXECUTIVE BRANCHES OF THE FEDERAL GOVERNMENT BY ANALYSIS OF FEDERAL LEGISLATION CONTAINING PROVISIONS AFFECTING THE MANUFACTURED HOUSING INDUSTRY, INITIATED FEDERAL LEGISLATION OR ADMINISTRATIVE ACTION TO ADVANCE INDUSTRY INTEREST, AND INTERACTED WITH APPROPRIATE GOVERNMENT OFFICIALS AND RELATED ORGANIZATIONS TO ENHANCE INDUSTRY RECOGNITION AND PROPER CONSIDERATION OF INDUSTRY NEEDS.

Program 2

SOUGHT TO OBTAIN REASONABLE FEDERAL CONSTRUCTION AND SAFETY CODES AND STANDARDS FOR THE MANUFACTURED HOUSING INDUSTRY, OFFERED PROGRAMS TO ENHANCE THE RECOGNITION AND IMAGE OF THE MANUFACTURED...

SOUGHT TO OBTAIN REASONABLE FEDERAL CONSTRUCTION AND SAFETY CODES AND STANDARDS FOR THE MANUFACTURED HOUSING INDUSTRY, OFFERED PROGRAMS TO ENHANCE THE RECOGNITION AND IMAGE OF THE MANUFACTURED HOUSING INDUSTRY, OFFERED PROGRAMS AND DISTRIBUTED COMMUNITY DEVELOPMENT INFORMATION TO PROMOTE THE SUCCESSFUL OPERATION OF MANUFACTURED HOME COMMUNITIES.

Program 3

ENABLED MHI TO BE A RECOGNIZED SOURCE OF INFORMATION REGARDING THE MANUFACTURED HOUSING INDUSTRY THROUGH ACCUMULATION AND DISTRIBUTION OF INDUSTRY INFORMATION AND STATISTICS TO GOVERNMENT OFFICIALS, THE MEDIA, AND GENERAL PUBLIC. ALSO OFFERED PROGRAMS DESIGNED TO INCREASE INDUSTRY SALES NATIONWIDE BY ENCOURAGING POLICIES TO DEVELOP MANUFACTURED HOUSING COMMUNITIES AND PRIVATE LOT PLACEMENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,550,521

Investment Income $206,177

Other Revenue $55,153

TOTAL REVENUE $6,811,851

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,491,249

Fundraising Expenses $0

Other Expenses $3,897,738

TOTAL EXPENSES $6,388,987

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,811,851	$7,230,892	-0.1%
Expenses	$6,388,987	$6,146,846	+0.0%
Net Income	$422,864	$1,084,046	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$988,675

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM C BOOR	CHAIR	5.00	Officer Director	$0	$0	$0
PATRICK WAITE	VICE CHAIR	5.00	Officer Director	$0	$0	$0
WALDEN BUTTRAM	TREASURER	5.00	Officer Director	$0	$0	$0
CODY PEARCE	SECRETARY	5.00	Officer Director	$0	$0	$0
TIMOTHY W WILLIAMS	SPECIAL MEMBER	5.00	Officer Director	$0	$0	$0
LEO A POGGIONE	PAST CHAIR	5.00	Officer Director	$0	$0	$0
LOU BRAUN	DIRECTOR	5.00	Director	$0	$0	$0
RON BUNCE	DIRECTOR	5.00	Director	$0	$0	$0
F R DAILY	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER HALL	DIRECTOR	5.00	Director	$0	$0	$0
JOHN LOUCKS	DIRECTOR	5.00	Director	$0	$0	$0
WADE LYALL	DIRECTOR	5.00	Director	$0	$0	$0
MATT NINO	DIRECTOR	5.00	Director	$0	$0	$0
KARL RADDE	DIRECTOR	5.00	Director	$0	$0	$0
WILLIAM RAFFOUL	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL RETZER	DIRECTOR	5.00	Director	$0	$0	$0
RONNY O ROBERTSON	DIRECTOR	5.00	Director	$0	$0	$0
NATHAN SMITH	DIRECTOR	5.00	Director	$0	$0	$0
JIM FOX	DIRECTOR (UNTIL 10/31/23)	5.00	Director	$0	$0	$0
RANDY GRUMBINE	DIRECTOR (UNTIL 10/31/23)	5.00	Director	$0	$0	$0
ERIC HAMILTON	DIRECTOR (UNTIL 10/31/23)	5.00	Director	$0	$0	$0
TOM HODGES	DIRECTOR (UNTIL 10/31/23)	5.00	Director	$0	$0	$0
MARK YOST	DIRECTOR (UNTIL 10/31/23)	5.00	Director	$0	$0	$0
MARK D BOWERSOX	PRESIDENT	40.00	Officer	$445,590	$51,544	$497,134
LESLI MCCOLLUM GOOCH	CHIEF EXECUTIVE OFFICER	40.00	Officer	$443,550	$47,991	$491,541
ELLEN SAVAGE	VP OF MEMBER ENGAGEMENT	40.00	Highest	$168,450	$54,893	$223,343
ANNE LADEWIG	VP OF MARKETING AND MEMBERSHIP	40.00	Highest	$133,819	$29,729	$163,548
GAY A WESTBROOK	SVP OF POLITICAL AND PUBLIC AFFAIRS	40.00	Highest	$128,650	$25,792	$154,442
NAIDA STRUYK	DIRECTOR OF MEETINGS	40.00	Highest	$118,950	$19,374	$138,324
JOSHUA ADAMS	DIRECTOR OF RESEARCH AND POLICY	40.00	Highest	$125,500	$9,218	$134,718

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$6,811,851	$6,388,987	$9,862,453	$422,864
2022	$7,230,892	$6,146,846	$9,323,667	$1,084,046
2021	$5,319,106	$4,068,666	$8,789,022	$1,250,440
2020	$4,684,621	$3,834,684	$7,397,349	$849,937
2019	$6,121,498	$5,681,087	$6,418,549	$440,411
2018	$5,855,054	$5,258,256	$5,321,407	$596,798