2023-11-14T09:08:53-06:00 2022-12-31 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2022-01-01 521446660 NRECA WOOD QUALITY CONTROL INC % DAVID SCOTT SR DIR NREC 7039075895 4301 WILSON BLVD ARLINGTON VA 22203 DIGNA LOUIS CFO 7039075895 2023-11-13 true DIGNA LOUIS 999009999 Marc Berger P01871563 7038930600 2022 2023-04-26 12:10:37Z JEFFREY CONNOR CEO 4301 WILSON BLVD ARLINGTON VA 22203 3022290 false X WWW.WOODQUALITYCONTROL.COOP X 1985 DC SEE SCHEDULE O 7 3 0 0 0 0 0 0 2602801 3022290 6213 0 0 0 2609014 3022290 0 0 0 0 0 0 0 0 0 2341545 2655230 2341545 2655230 267469 367060 1663915 2097316 205414 271755 1458501 1825561 ESTABLISH, OPERATE, MAINTAIN AND ADMINISTER A PROGRAM OF ACTIVITIES DESIGNED TO IMPLEMENT RECOGNIZED STANDARDS ESTABLISHED BY THE RURAL UTILITIES SERVICE AND OTHERS TO ENSURE THE QUALITY OF TIMBER PRODUCTS USED IN THE CONTRUCTION OF RURAL ELECTRIFICATION SYSTEMS. false false FOR 2022 WQC'S STAFF AND CONTRACTOR, TIMBER PRODUCT INSPECTION, INC., MONITORED THE PRODUCTION OF POLES AND CROSS ARMS. WQC CONTINUED TO ENSURE ALL POLES AND CROSS ARMS INSPECTED IN 2022 MET OR EXCEEDED THE RURAL UTILITIES SERVICE (RUS) SPECIFICATIONS. false false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 7 3 false false false false true true true true true false false true true true true true true true true false DC X DAVID SCOTT SR DIR 7039075895 4301 WILSON BLVD ARLINGTON VA 22203 X JEFFREY CONNOR CEO, PRESIDENT & DIRECTOR 0.12 46.76 X X 0 701991 145271 DAVID SCOTT Secretary/Treasurer 0.12 51.23 X X 0 216048 78680 JESSICA HEALY Secretary (AS OF 12/06/22) 0.12 45.55 X X 0 224819 13083 OLIVER COX Executive Vice President 40.0 0.0 X X 0 142623 57258 PAUL MCCURLEY VP & DIRECTOR (THRU 06/29/22) 0.79 14.9 X 0 121155 25976 BRYAN CASE Director (THRU 06/29/22) 1.0 0.0 X 0 32500 16000 TIMOTHY VELDE DIRECTOR (AS OF 06/29/22) 1.0 0.0 X 0 27000 0 RANDY SHAW Director (AS OF 06/29/22) 0.0 0.0 X 0 19500 0 MARTY LITTREL VP & DIRECTOR(AS OF 06/29/22) 0.0 0.0 X X 0 17000 0 NICHOLAS PASCALE ASSISTANT SEC (THRU 12/6/22) 1.0 0.0 X 0 0 0 MIKE WILLIAMS DIRECTOR (THRU 6/29/22) 1.0 0.0 X 0 0 0 0 1502636 336268 0 false true false TIMBER PRODUCTS INSPECTION INC 1641 SIGMAN ROAD CONYERS GA 30012 INSPECTION SERVICE 1722705 1 0 WOOD QUALITY INSPECTION 900099 3022290 3022290 3022290 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3022290 3022290 0 0 0 0 0 0 0 0 0 0 0 793865 0 1985 0 0 0 0 16887 2520 0 0 0 68782 0 0 0 0 5207 0 PRODUCTION MONITORING FEES 1722705 OTHER EXPENSES 43279 2655230 0 0 0 0 0 0 1660215 2096822 0 0 0 0 0 0 0 0 0 0 15314 14820 3700 494 0 0 0 0 0 0 0 0 0 0 1663915 2097316 205414 271755 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 205414 271755 X 1000 1000 0 0 1457501 1824561 1458501 1825561 1663915 2097316 367060 X false true X true false 15314 14820 494 494 0 0 X PART X, LINE 2: WOOD QUALITY CONTROL (WQC) IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)6 OF THE INTERNAL REVENUE CODE (IRC). INCOME NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. WQC DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. WOOD QUALITY CONTROL (WQC) HAS ADOPTED PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINITY IN INCOME TAXES (ASC 740-10) FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, AS REQUIRED. MANAGEMENT HAS ANALYZED THE TAX POSITION TAKEN BY WQC, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X true true false false false JEFFREY CONNOR CEO, PRESIDENT & DIRECTOR 0 544598 0 140200 0 17193 0 107936 0 37335 0 847262 0 0 OLIVER COX Executive Vice President 0 141976 0 200 0 447 0 32203 0 25055 0 199881 0 0 DAVID SCOTT Secretary/Treasurer 0 209645 0 5950 0 453 0 50848 0 27832 0 294728 0 0 JESSICA HEALY Secretary (AS OF 12/06/22) 0 220552 0 200 0 4067 0 11399 0 1684 0 237902 0 0 PART I, LINE 1A: NRECA GROSSES UP PAYMENTS MADE TO STAFF THAT ARE ELIGIBLE UNDER THE EXECUTIVE 401(K) BONUS PLAN AND ELIGIBLE RELOCATION EXPENSES. PART I, LINE 3 NRECA WOOD QUALITY CONTROL DOES NOT COMPENSATE ANY INDIVIDUALS. THE POLICIES OF NRECA INCLUDE A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDY AND A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ESTABLISH, OPERATE, MAINTAIN AND ADMINISTER A PROGRAM OF ACTIVITIES DESIGNED TO IMPLEMENT RECOGNIZED STANDARDS ESTABLISHED BY THE RURAL UTILITIES SERVICE AND OTHERS TO ENSURE THE QUALITY OF TIMBER PRODUCTS USED IN THE CONTRUCTION OF RURAL ELECTRIFICATION SYSTEMS. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS ONE CLASS OF MEMBERS WHICH SHALL CONSIST OF EACH AND EVERY MEMBER OF THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION. THE MEMBERS OF THE CORPORATION SHALL NOT HAVE THE RIGHT TO VOTE. FORM 990, PART VI, SECTION A, LINE 7A: THE BOARD OF DIRECTORS OF THE CORPORATION SHALL BE APPOINTED BY THE BOARD OF DIRECTORS OF THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION. AT ANY MEETING OF THE NRECA BOARD, THE NRECA BOARD MAY REMOVE ANY DIRECTOR FROM OFFICE AND MAY ELECT A SUCCESSOR TO FILL ANY RESULTING VACANCY FOR THE UNEXPIRED TERM. FORM 990, PART VI, SECTION A, LINE 7B: THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY ITS BOARD OF DIRECTORS, WHICH MAY EXERCISE ALL OF THE POWERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B: WOOD QUALITY CONTROL FORM 990 IS PREPARED BY BDO. AN ACCOUNTANT WITHIN THE NRECA FINANCE DEPARTMENT, THE SR DIRECTOR OF FINANCE & ACCOUNTING AND CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 FOR ACCURACY. THE FORM 990 IS THEN FILED AND MADE AVAILABLE TO THE WOOD QUALITY CONTROL BOARD. FORM 990, PART VI, SECTION B, LINE 12C: EACH DIRECTOR AND OFFICER IS REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE THAT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. THE CHIEF FINANCIAL OFFICER REVIEWS EACH QUESTIONNAIRE AND FOLLOWS UP ON ANY CONFLICTS WITH THE RESPECTIVE DIRECTOR AND OFFICER ALONG WITH NRECA'S CORPORATE COUNSEL. FORM 990, PART VI, SECTION B, LINE 15: WHILE WQC HAS NO DIRECT EMPLOYEES OF ITS OWN, IT HAS ENTERED INTO A WRITTEN ADMINISTRATIVE SERVICE AGREEMENT WITH THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION, A RELATED 501(C)(6) ENTITY, WHEREBY NRECA PROVIDES STAFF THAT WORK AT THE DIRECTION OF WQC'S BOARD AND PROVIDES OTHER ADMINISTRATIVE SERVICES ON A COST REIMBURSABLE BASIS. FORM 990, PART VI, SECTION B, LINE 15A: CEO COMPENSATION - THE NRECA CEO EVALUATION COMMITTEE OF THE BOARD IS RESPONSIBLE FOR EVALUATING THE PERFORMANCE OF THE CEO. AN OUTSIDE CONSULTANT (E.G., QUATT ASSOCIATES) REVIEWS INDEPENDENT COMPENSATION STUDIES ANNUALLY TO VERIFY THE CEO'S COMPENSATION IS WITHIN A COMPETITIVE RANGE FOR CEO'S OF COMPARABLE ORGANIZATIONS AND PROVIDES THIS INFORMATION TO THE COMMITTEE. THE COMMITTEE REVIEWS COMPETITIVE SALARY SURVEY DATA PROVIDED BY THE OUTSIDE CONSULTANTS AND DEVELOPS A SALARY INCREASE RECOMMENDATION THAT IS PRESENTED TO THE FULL BOARD. THE BOARD REVIEWS AND APPROVES THE CEO'S COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B: OTHER OFFICERS/KEY EMPLOYEES - NRECA'S HUMAN RESOURCES DEPARTMENT HAS A MARKET PAY TOOL THAT USES CURRENT SALARY DATA FROM PURCHASED COMPENSATION STUDIES TO ANALYZE SALARY FOR POSITIONS WITHIN THE ORGANIZATION. NRECA HAS WRITTEN POLICIES AND PROCEDURES GOVERNING ITS SALARY INCREASE PROCESS. THE SALARY INCREASE PROCESS IS INTENDED TO ENABLE MANAGERS TO MAKE RATIONAL DECISIONS CONCERNING SALARY INCREASES WITHIN THE ASSOCIATION'S BUDGETING CONSTRAINTS. HOWEVER, IT DOES NOT GUARANTEE AN INCREASE TO ANY EMPLOYEE. THE SALARY INCREASE PROCESS IS COMPRISED OF THE FOLLOWING STEPS: (1) APPROVAL OF NRECA'S SALARY INCREASE BUDGET BY THE NRECA BOARD OF DIRECTORS, WHICH IS BASED ON COMPETITIVE SALARY DATA; (2) COMPLETION OF WRITTEN ANNUAL PERFORMANCE SUMMARY REPORT FOR EACH EMPLOYEE BY HIS/HER MANAGER; (3) RECOMMENDATION OF MERIT INCREASES FOR INDIVIDUAL EMPLOYEES BASED UPON PERFORMANCE; (4) ANALYSIS, REVIEW AND APPROVAL OF SALARY INCREASE RECOMMENDATIONS BY HUMAN RESOURCES AND THE CHIEF EXECUTIVE OFFICER; AND (5) COMMUNICATION OF SALARY INCREASE DECISIONS TO STAFF. FORM 990, PART VI, SECTION C, LINE 19: NRECA WOOD QUALITY CONTROL DISTRIBUTES ITS ANNUAL FINANCIAL STATEMENTS AND ANNUAL FOR 990 TAX RETURNS TO THE WOOD QUALITY CONTROL BOARD OF DIRECTORS. WOOD QUALITY CONTROL ALSO PROVIDES COPIES OF ITS FORM 990 TO THE GENERAL PUBLIC UPON REQUEST. NATIONAL RURAL ELECTRIC COOP ASSOCIATION 4301 WILSON BLVD ARLINGTON VA 22203 530116145 TRADE ASSOC. VA 501(C)(6) N/A false FUNDACION ENERGETICA BOLIVIANA 4301 Wilson Blvd Arlington VA 22203 SEE PART VII VA N/A N/A NRECA false GLENN ENGLISH NAT'L LEADERSHIP COOP FDN 4301 WILSON BLVD ARLINGTON VA 22203 461424031 SEE PART VII VA 501(C)(3) 12A NRECA false NRECA RESEARCH 4301 WILSON BLVD ARLINGTON VA 22203 822724646 SEE PART VII VA 501(C)(3) 7 NRECA false NRECA INTERNATIONAL 4301 WILSON BLVD ARLINGTON VA 22203 521387851 SEE PART VII VA 501(C)(3) 7 NRECA false Cooperative Insurance Services 4301 WILSON BLVD ARLINGTON VA 22203 521076274 SEE PART VII VA SEE PART VII C CORP 0 0 0.00000 false NRECA UNITED HOLDINGS 4301 WILSON BLVD ARLINGTON VA 22203 860262046 SEE PART VII SEE PART VII C CORP 0 0 0.00000 false COOPERATIVE BENEFITS ADMINISTRATORS 4301 WILSON BLVD ARLINGTON VA 22203 521327041 SEE PART VII SEE PART VII C CORP 0 0 0.00000 false COOPERATING ENERGY SERVICES 4301 WILSON BLVD ARLINGTON VA 22203 521490710 SEE PART VII SEE PART VII C CORP 0 0 0.00000 false HOMESTEAD FINANCIAL SERVICES CORP 4301 WILSON BLVD ARLINGTON VA 22203 521679315 SEE PART VII SEE PART VII C CORP 0 0 0.00000 false HOMESTEAD ADVISERS CORP 4301 WILSON BLVD ARLINGTON VA 22203 521694000 SEE PART VII SEE PART VII C CORP 0 0 0.00000 false false false false false false false false false false false false false true false true true false false false PART II, COLUMN B: FUNDACION ENERGETICA BOLIVIANA: BOLIVIAN RURAL ELECTRIFICATION GLENN ENGLISH NAT'L LEADERSHIP COOP FND: AWARDING OF SCHOLARSHIPS NRECA RESEARCH: ELECTRIC GRID SCIENTIFIC RESEARCH NRECA INTERNATIONAL: INTERNATIONAL RURAL ELECTRIFICATION PART IV, COLUMNS B AND D: COOPERATIVE INSURANCE SERVICES PRIMARY ACTIVITY: INSURANCE AGENT DIRECT CONTROLLING ENTITY: NRECA UNITED INC NRECA UNITED HOLDINGS PRIMARY ACTIVITY: LIFE & HOSPITALIZATION INSURANCE DIRECT CONTROLLING ENTITY: NRECA UNITED INC COOPERATIVE BENEFIT ADMINISTRATORS PRIMARY ACTIVITY: CLAIMS ADMINISTRATOR DIRECT CONTROLLING ENTITY: NRECA UNITED INC COOPERATING ENERGY SERVICES PRIMARY ACTIVITY: SOFTWARE INTEGRATION DEVELOPMENT DIRECT CONTROLLING ENTITY: NRECA UNITED INC HOMESTEAD FINANCIAL SERVICES CORP. PRIMARY ACTIVITY: INVESTMENT BROKER DIRECT CONTROLLING ENTITY: NRECA UNITED INC HOMESTEAD ADVISERS CORP. PRIMARY ACTIVITY: INVESTMENT ADVISER DIRECT CONTROLLING ENTITY: RE INVESTMENT CORPORATION