I suspect the M5-194V1 number is a reissue at a lower price. In the original cat #, the 6 (M6) signified a $6.98 list price. Apparently the reissue was at $5.98 which is more that a $1 difference when you take into account inflation, running very high around 1979-1981.
Gordy was actually the executive producer (and his first name's spelling duly corrected). The original cat. # was M6-851S1, which corresponds more to the original 1975 release.
I got the date from discogs. If it was up to me I wouldn't even have this in my collection, but it turned up in a box lot and doesn't take up much room on the shelf so I don't particularly care :-)
The M5-1xx numbered Motown LP's are reissues, this one is from September 1981, according to Motown International label manager Gordon Frewin's discography in Sharon Davis' book MOTOWN: THE HISTORY. And the producer's name is Berry Gordy (that "Barry" misspelling seems to have been turning up a lot lately).