2014-11-12T11:03:36-06:00 2013-12-31 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2013-01-01 200744153 HARDWOOD FEDERATION INC HARD 2024632705 1101 K ST NW NO 700 WASHINGTON DC 20005 DANA LEE COLE EXECUTIVE DIRECTOR 2024632705 2014-11-12 1 WILLIAM E TURCO CPA P00369217 3012963600 2013 2015-11-30 17:44:51Z X DANA LEE COLE 1101 K ST NW NO 700 WASHINGTON DC 20005 469873 0 X N/A X 2004 TN TO SERVE AS THE LEGISLATIVE ARM FOR THE HARDWOOD INDUSTRY. THE FEDERATION REPRESENTS THE MAJORITY OF ORGANIZATIONS ENGAGED IN THE MANUFACTURING, WHOLESALING, OR DISTRIBUTION OF NORTH AMERICAN HARDWOOD LUMBER, VENEER, PLYWOOD, FLOORING AND RELATED PRODUCTS. 16 16 2 16 0 0 112777 148725 298918 320788 0 0 0 360 411695 469873 0 0 0 0 241768 260876 0 0 0 226000 197975 467768 458851 -56073 11022 156951 168079 14582 14688 142369 153391 TO SERVE AS THE LEGISLATIVE ARM FOR THE HARDWOOD INDUSTRY THE FEDERATION REPRESENTS THE MAJORITY OF ORGANIZATIONS ENGAGED IN THE MANUFACTURING, WHOLESALING, OR DISTRIBUTION OF NORTH AMERICAN HARDWOOD LUMBER, VENEER, PLYWOOD, FLOORING AND RELATED PRODUCTS. 0 0 THE HF DEVELOPED AND PURSUED A RANGE OF LEGISLATIVE PRIORITIES FOR THE HARDWOOD INDUSTRY TO: PROMOTE AND REPRESENT THE INTEREST AND IMPROVE BUSINESS CONDITIONS IN THE HARDWOOD INDUSTRY TO MAINTAIN A HEALTHY BUSINESS ENVIRONMENT FOR SMALL AND FAMILY BUSINESSES. AND TO MTN COMMERCIAL ACCESS TO FED AND PRIVATE HARDWOOD TIMBERLANDS. 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 2 1 0 0 0 0 1 1 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 X X DANA LEE COLE 2024632705 1101 K ST NW NO 700 WASHINGTON DC 20005 DON FINKELL PRESIDENT 2.00 X X 0 0 0 BRAD THOMPSON PAST PRESIDENT 2.00 X 0 0 0 JAMEY FRENCH POLICY CHAIR 2.00 X 0 0 0 TED ROSSI DEVELOPMENT CHAIR 2.00 X 0 0 0 PEM JENKINS EXECUTIVE COMMITTEE AT-LARGE 2.00 X 0 0 0 DAN CORULLO DIRECTOR 2.00 X 0 0 0 SKIPPER BEAL DIRECTOR 2.00 X 0 0 0 KEVIN GILLETTE DIRECTOR 2.00 X 0 0 0 DONNA HARMAN DIRECTOR 2.00 X 0 0 0 DICK KRAWZE DIRECTOR 2.00 X 0 0 0 SCOTT HEIDLER DIRECTOR 2.00 X 0 0 0 JACK SHANNON JR DIRECTOR 2.00 X 0 0 0 RICK HOLDEN DIRECTOR 2.00 X 0 0 0 JIM STEEN DIRECTOR 2.00 X 0 0 0 STEVE HOUSEKNECHT DIRECTOR 2.00 X 0 0 0 TOM TALBOT DIRECTOR 2.00 X 0 0 0 DANA COLE EXECUTIVE DIRECTOR 40.00 X 157228 0 7058 157228 0 7058 1 0 1 0 0 1545 147180 148725 MEMBERSHIP DUES 900099 288720 288720 MEETING REVENUE 900099 32068 32068 320788 0 1545 0 0 OTHER REVENUE 900099 360 360 360 469873 321148 0 0 164286 57521 22461 16608 3245 4865 78128 2497 19001 150 9477 9888 35455 316 840 PAC FINANCIAL MANAGER 18063 COMMUNICATIONS 9500 MEMBERSHIPS 6325 OTHER EXPENSES 225 458851 88394 84409 68240 83670 0 317 156951 168079 14582 7152 0 7536 14582 14688 X 142369 153391 142369 153391 156951 168079 11022 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 288720 100000 20075 120075 51970 68105 0 DUE TO AFFILIATE 7536 7536 X 469873 0 469873 0 469873 458851 0 458851 0 458851 PART X, LINE 2: THE FEDERATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE PAC IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES, OTHER THAN ON NET INVESTMENT INCOME, UNDER THE PROVISIONS OF SECTION 527(E) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. AT DECEMBER 31, 2013, NO PROVISION FOR INCOME TAXES WAS MADE AS THE PAC HAD NO NET INVESTMENT INCOME. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO INCOME TAXES. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2013. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. X X 0 0 0 DANA COLE EXECUTIVE DIRECTOR 157228 0 0 0 0 0 0 0 7058 0 164286 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 SECTION 1. ORGANIZATIONS AND TRADE ASSOCIATIONS CONSISTING OF INDIVIDUALS, FIRMS, OR CORPORATIONS, ENGAGED IN THE MANUFACTURING, CUSTOM KILN DRYING, WHOLESALING, OR DISTRIBUTION OF NORTH AMERICAN HARDWOOD OR CYPRESS LUMBER, VENEER, PLYWOOD, AND RELATED PRODUCTS, ARE ELIGIBLE FOR MEMBERSHIP. SECTION 2. ORGANIZATIONS AND TRADE ASSOCIATIONS CONSISTING OF INDIVIDUALS, FIRMS OR CORPORATIONS, WHO ARE CONSUMERS OF AMERICAN HARDWOOD OR CYPRESS LUMBER, VENEER, PLYWOOD, OR RELATED PRODUCTS, ARE ELIGIBLE FOR MEMBERSHIP. SECTION 3. ORGANIZATIONS AND TRADE ASSOCIATIONS CONSISTING OF INDIVIDUALS, FIRMS OR CORPORATIONS WHO SUPPLY SERVICES, MATERIALS OR EQUIPMENT TO THE NORTH AMERICAN HARDWOOD INDUSTRY OR WHO ARE OWNERS OF AMERICAN HARDWOOD TIMBERLANDS PROVIDING THE BASIC RAW MATERIALS FOR THE INDUSTRY ARE ELIGIBLE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD EXERCISES THE POWERS OF THE FEDERATION, CONTROL ITS PROPERTY AND CONDUCTS ITS BUSINESS AND AFFAIRS THROUGH DULY ELECTED OFFICERS, EMPLOYEES AND AGENTS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION OR TRADE ASSOCIATION WILL VOTE ON BEHALF OF THEIR MEMBERSHIP AND EACH SUCH ORGANIZATION OR TRADE ASSOCIATION WILL HAVE ONE (1) VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS APPROVED BY EXECUTIVE MANAGEMENT BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 BY WRITTEN REQUEST THE DOCUMENTS ARE MADE AVAILABLE FOR VIEWING.