2025-11-15T18:16:01+00:00 2024-12-31 135381590 BDO USA 8401 GREENSBORO DR STE 800 MCLEAN VA 221023599 990 2024-01-01 521446660 NRECA WOOD QUALITY CONTROL INC NREC 7039075928 4301 WILSON BLVD ARLINGTON VA 22203 DIGNA LOUIS CFO 7039076805 2025-11-16 true TODD TERESCO P00247720 7038930600 2025-11-16 2024 2025-03-06 01:10:19Z JEFFREY CONNOR 4301 WILSON BLVD ARLINGTON VA 22203 3194907 false X WWW.WOODQUALITYCONTROL.COOP X 1985 DC ESTABLISH, OPERATE, MAINTAIN AND ADMINISTER A PROGRAM OF ACTIVITIES DESIGNED TO IMPLEMENT RECOGNIZED STANDARDS ESTABLISHED BY THE UNITED STATES RURAL UTILITIES SERVICE AND OTHERS TO ENSURE THE QUALITY OF TIMBER PRODUCTS USED IN THE CONTRUCTION OF RURAL ELECTRIFICATION SYSTEMS. 7 3 0 0 0 0 0 3489091 3103673 72581 91234 0 3561672 3194907 0 0 0 0 0 0 0 0 2940785 2832334 2940785 2832334 620887 362573 2772033 3124437 321521 309628 2450512 2814809 ESTABLISH, OPERATE, MAINTAIN AND ADMINISTER A PROGRAM OF ACTIVITIES DESIGNED TO IMPLEMENT RECOGNIZED STANDARDS ESTABLISHED BY THE UNITED STATES RURAL UTILITIES SERVICE AND OTHERS TO ENSURE THE QUALITY OF TIMBER PRODUCTS USED IN THE CONTRUCTION OF RURAL ELECTRIFICATION SYSTEMS. false false 2832334 3103673 FOR 2024 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 2024 MET OR EXCEEDED THE UNITED STATES RURAL UTILITIES SERVICE (RUS) SPECIFICATIONS. 2832334 false 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 false false false false true false false false false true 0 0 0 false false false false false false false false X 7 3 true false false false true true true true true false false false true true true true true true true true false false DC X LARRY HENRY 7039075928 C/O NRECA 4301 WILSON BLVD ARLINGTON VA 22203 ANGELA STRICKLAND SR. VICE PRESIDENT 0.1 50.9 X X 0 462098 130317 DUSTIN YOUNG TREASURER 0.3 44.7 X X 0 274852 102752 JEFFREY CONNOR PRESIDENT 0.1 48.9 X X 0 851814 118470 MARTY LITTREL VICE PRESIDENT 0.1 4.5 X X 0 34000 0 OLIVER COX SECOND VICE PRESIDENT 40.0 0.0 X X 0 157026 53022 RANDY SHAW DIRECTOR 0.1 3.4 X 0 12400 0 TIMOTHY VELDE DIRECTOR 0.1 15.7 X 0 25250 0 JESSICA HEALY SECRETARY 1.0 45.0 X 0 269007 43390 0 2086447 447951 false true false TIMBER PRODUCTS INSPECTION INC 1641 SIGMAN ROAD CONYERS GA 30012 INSPECTION SERVICE 1818437 1 0 WOOD QUALITY INSPECTION 900099 3103673 3103673 0 0 0 0 3103673 95442 95442 0 0 -4208 0 -4208 -4208 -4208 0 0 0 0 0 3194907 3103673 0 91234 501478 1075 3441 43617 31344 13353 72127 125031 6859 60 PRODUCTION MONITORING FEES 1818437 G&A ALLOCATED EXPENSES 196563 OTHER EXPENSES 18949 0 2832334 2772033 3123955 0 0 0 0 10835 10353 0 482 0 0 0 0 2772033 3124437 321521 309628 0 0 0 0 321521 309628 X 1000 1000 2449512 2813809 2450512 2814809 2772033 3124437 362573 1724 0 X false true true false 10835 10353 482 482 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote 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, 2024 AND 2023. 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, 2024 AND 2023, AS REQUIRED. MANAGEMENT HAS ANALYZED THE TAX POSITION TAKEN BY WQC, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, 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 PRESIDENT 0 659376 0 175200 0 17238 0 73483 0 44987 0 970284 0 0 OLIVER COX SECOND VICE PRESIDENT 0 153493 0 2725 0 808 0 23648 0 29374 0 210048 0 0 ANGELA STRICKLAND SR. VICE PRESIDENT 0 392371 0 61100 0 8627 0 86231 0 44086 0 592415 0 0 DUSTIN YOUNG TREASURER 0 273081 0 275 0 1496 0 57182 0 45570 0 377604 0 0 JESSICA HEALY SECRETARY 0 258994 0 5825 0 4188 0 40608 0 2782 0 312397 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments NRECA GROSSES UP PAYMENTS MADE TO STAFF THAT ARE ELIGIBLE UNDER THE EXECUTIVE 401(K) BONUS PLAN AND ELIGIBLE RELOCATION EXPENSES. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation 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 VI, Line 2 WQC OFFICERS JEFFREY CONNOR AND JESSICA HEALY HAVE BUSINESS RELATIONSHIPS FOR EITHER NRECA OR NRECA INTERNATIONAL ENTITIES. WQC DIRECTORS ANGELA STRICKLAND, MARTY LITTREL, RANDY SHAW AND TIM VELDE HAVE A BUSINESS RELATIONSHIP WITH THE NRECA ENTITY. Form 990, Part VI, 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, Line 6 Classes of members or stockholders 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, Line 7a Members or stockholders electing members of governing body 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, Line 7b Decisions requiring approval by members or stockholders 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, Line 11b Review of form 990 by governing body THE NRECA FINANCE DEPT. ACCOUNTANT FOR WOOD QUALITY CONTROL(WQC) PREPARES THE SUPPORT DOCUMENTS TO COMPLETE THE TAX ORGANIZER SUPPLIED FROM BDO. BDO USES THIS ORGANIZER DATA TO PRODUCE THE FORM 990. THE WQC ACCOUNTANT INITATES A REVIEW OF THE 990 TAX RETURN. IT IS THEN SENT TO THE DIRECTOR OF FINANCE & ACCOUNTING AND CHIEF FINANCIAL OFFICER FOR FINAL ACCURACY REVIEW. THE FORM 990 IS THEN ELECTRONICALLY FILED WITH THE IRS AND ALSO MADE AVAILABLE TO THE WOOD QUALITY CONTROL BOARD OF DIRECTORS ACCORDINGLY. Form 990, Part VI, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official 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, Line 15b Process to establish compensation of other employees 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, Line 19 Required documents available to the public NRECA WOOD QUALITY CONTROL DISTRIBUTES ITS ANNUAL FINANCIAL STATEMENTS AND ANNUAL FORM 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) NA false GLENN ENGLISH NAT'L LEADERSHIP COOP FDN 4301 WILSON BLVD ARLINGTON VA 22203 461424031 AWARDING OF SCHOLARSHIPS VA 501(c)(3) Type I NRECA false NRECA RESEARCH 4301 WILSON BLVD ARLINGTON VA 22203 822724646 ELECTRIC GRID SCIENTIFIC RESEARCH VA 501(c)(3) 7 NRECA false NRECA INTERNATIONAL 4301 WILSON BLVD ARLINGTON VA 22203 521387851 INTERNATIONAL RURAL ELECTRIFICATION VA 501(c)(3) 7 NRECA false Cooperating INSURANCE SERVICES 4301 WILSON BLVD ARLINGTON VA 22203 521076274 INSURANCE AGENT VA NRECA UNITED INC C Corporation false NRECA UNITED HOLDINGS 4301 WILSON BLVD ARLINGTON VA 22203 860262046 LIFE & HOSPITALIZATION INSURANCE NRECA UNITED INC C Corporation false COOPERATIVE BENEFITS ADMINISTRATORS 4301 WILSON BLVD ARLINGTON VA 22203 521327041 CLAIMS ADMINISTRATOR NRECA UNITED INC C Corporation false COOPERATING ENERGY SERVICES 4301 WILSON BLVD ARLINGTON VA 22203 521490710 SOFTWARE INTEGRATION DEVELOPMENT NRECA UNITED INC C Corporation false HOMESTEAD FINANCIAL SERVICES CORP 4301 WILSON BLVD ARLINGTON VA 22203 521679315 INVESTMENT BROKER NRECA UNITED INC C Corporation false HOMESTEAD ADVISERS CORP 4301 WILSON BLVD ARLINGTON VA 22203 521694000 INVESTMENT ADVISER RE INVESTMENT CORPORATION C Corporation false false false false false false false false false false false false true false true true false false false